In order to meet the requirement of enterprise product development business ability and efficiency improvement, according to the characteristics of product development business process, based on BPM software, the function design and technical realization of product development process execution monitoring system are presented, and the main functional modules are described. At the same time, the integration relationship between information management systems is analyzed, the system integration scheme is put forward, it realizes the unity of business entrance, the unique source of project information, the unified management of data, the push of basic data based on process, and so on. Finally, the application effect of process execution monitoring system in the process of product development is introduced, the application results show that the scheme improves the efficiency and quality of product development, the risk of product development is reduced.