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Risk management in R&D project


Salleh, Nurul Azita and Hasnan, Norlena (2008) Risk management in R&D project. Journal of Technology and Operations Management , 3 (1). pp. 39-44. ISSN 1823-514X

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Abstract

Industries that relied heavily on internal development of new products face difficult challenges when planning R&D project portfolios for new products.Due to the uncertain nature of innovation, each R&D project undertaken for developing a new product has a degree of risk of failure which is significant and potentially very high.Major causes for project failure are faults, unpredicted changes and the unforeseen impossibilities of the objectives. Hence, this paper aims to highlight measures in managing risk in the early stage of new product development (NPD), particularly the R&D of the product. This paper also discusses the R&D management implication to technological innovation.

Item Type: Article
Uncontrolled Keywords: R&D, risk management, technology, innovation
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions: School of Technology Management & Logistics
Depositing User: Mdm. Nurul Azita Salleh
Date Deposited: 29 Aug 2012 03:04
Last Modified: 26 Apr 2016 07:08
URI: http://repo.uum.edu.my/id/eprint/5841

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