Management of R&D projects for best quality and minimal risk

Author

Tarnowski, W. ; Swiderski, G.

Author_Institution

Koszalin Tech Coll.

fYear

1997

fDate

27-31 Jul 1997

Firstpage

562

Abstract

Summary form only as given. The new product development process is a specific example of an R&D project. Rapid product development methods, based on concurrent engineering, increase the risk of project and product failure or its substandard quality. A research survey conducted among professionals involved in product development activity confirms that unrecognized or ignored risk and indecisiveness are responsible for a majority of project and product failures, which happen to 46% of new products on the market. The authors propose a new approach to project management based on risk assessment and decision making techniques

Keywords

product development; project engineering; project management; research and development management; risk management; R&D project management; concurrent engineering; decision making techniques; new product development process; product failure risk; research survey; risk assessment; Decision making; Decision support systems; Portfolios; Product development; Project management; Quality management; Research and development; Research and development management; Resource management; Risk management;

fLanguage

English

Publisher

ieee

Conference_Titel

Innovation in Technology Management - The Key to Global Leadership. PICMET '97: Portland International Conference on Management and Technology

Conference_Location

Portland, OR

Print_ISBN

0-7803-3574-0

Type

conf

DOI

10.1109/PICMET.1997.653514

Filename

653514