Title :
Practical Profiles for Managing Systems Engineering R&D
Author :
Agresti, William W. ; Harris, Richard M.
Author_Institution :
Carey Bus. Sch., Johns Hopkins Univ., Baltimore, MD
fDate :
5/1/2009 12:00:00 AM
Abstract :
A new and practical way of profiling R & D projects is presented. The operational context is the investment of discretionary R & D funds by systems engineering firms. In this work program positioning profile, R & D projects are identified as one of four types: targeting, reinforcing, enabling, or remodeling, according to the relationship between the R &D project and the systems engineering work program. A portfolio map is introduced to provide a visual representation of a set of R & D projects and to show likely transitions between project types over time. The new profile and portfolio map can support management efforts to characterize and assess an R & D portfolio for its contribution to ongoing systems engineering work. In addition to this new project profile, other profiling strategies are discussed in the framework of an R & D balanced scorecard. The multiple profiles are a natural consequence of the inherent performance multidimensionality of the R &D activity in the wide-ranging discipline and practice of systems engineering.
Keywords :
project management; research and development management; investment; portfolio map; system engineering firms; systems engineering R&D; work program positioning profile; Engineering management; Investments; Multidimensional systems; Portfolios; Project management; Proposals; Research and development; Research and development management; Systems engineering and theory; Balanced scorecard (BSC); R&D management; R&D project portfolio; R&D projects;
Journal_Title :
Engineering Management, IEEE Transactions on
DOI :
10.1109/TEM.2009.2013825