Project Management for R&D and Innovation

10:55 am -11:25 am

Thursday, May 4, 2017

Benjamin Banneker, Room 2212

Paper Title:

Project Management for R&D and Innovation


Research and development (R&D) efforts differ from traditional projects in a number of ways. The outcome of the project and the steps to get there may be ill-defined, visionary, or even un-achievable. The desired result of R&D may be increased knowledge, a design or prototype, or a new product, and different stakeholders may have fundamentally different visions of the what form that result shoulkd take. As a result of these characteristics, scope and risk have to be considered differently in research and development than in traditional projects. Similar considerations hold true for other aspects of R&D including personnel, schedule, budget and stakeholder management. These characteristics make R&D a distinctive kind of project, and success requires techniques which are distinctly different from traditional project management. This paper presents an R&D Project Management methodology honed over years of real-world experience, and presents ideas that can be useful in more typical projects as well.

PMI Talent Triangle Skill: Technical Project Management


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