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Risk management in R&D project

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...

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Main Authors: Salleh, Nurul Azita, Hasnan, Norlena
Format: Article
Language:English
Published: UUM College of Business 2008
Subjects:
HD28 Management. Industrial Management
Online Access:http://repo.uum.edu.my/5841/1/Nu.pdf
http://repo.uum.edu.my/5841/
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spelling my.uum.repo.58412016-04-26T07:08:22Z http://repo.uum.edu.my/5841/ Risk management in R&D project Salleh, Nurul Azita Hasnan, Norlena HD28 Management. Industrial Management 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. UUM College of Business 2008 Article PeerReviewed application/pdf en http://repo.uum.edu.my/5841/1/Nu.pdf 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 http://jtomstml.wordpress.com/
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
language English
topic HD28 Management. Industrial Management
spellingShingle HD28 Management. Industrial Management
Salleh, Nurul Azita
Hasnan, Norlena
Risk management in R&D project
description 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.
format Article
author Salleh, Nurul Azita
Hasnan, Norlena
author_facet Salleh, Nurul Azita
Hasnan, Norlena
author_sort Salleh, Nurul Azita
title Risk management in R&D project
title_short Risk management in R&D project
title_full Risk management in R&D project
title_fullStr Risk management in R&D project
title_full_unstemmed Risk management in R&D project
title_sort risk management in r&d project
publisher UUM College of Business
publishDate 2008
url http://repo.uum.edu.my/5841/1/Nu.pdf
http://repo.uum.edu.my/5841/
http://jtomstml.wordpress.com/
_version_ 1644279124063158272
score 13.209306

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