Managing technology development projects

Research Technology Management

Volumn 49, Issue 6, 2006, Pages 23-31

  Cooper, Robert G ^a,b,c  

^a MCMASTER UNIVERSITY   (Canada)

^b PENNSYLVANIA STATE UNIVERSITY   (United States)

^c Product Development Institute   (Canada)

Author keywords

Portfolio management; Scorecard; Stage gate; Technology development

Indexed keywords

PRODUCT DEVELOPMENT; PROJECT MANAGEMENT; RESOURCE ALLOCATION; SOCIETIES AND INSTITUTIONS; SUSTAINABLE DEVELOPMENT; TECHNOLOGY TRANSFER;

PORTFOLIO MANAGEMENT; SCORECARDS; STAGE GATES; TECHNOLOGY DEVELOPMENT PROJECTS;

INDUSTRIAL RESEARCH;

EID: 37849189857     PISSN: 08956308     EISSN: None     Source Type: Journal    
DOI: 10.1080/08956308.2006.11657405     Document Type: Article

References (23)

1. Stage-Gate® is a registered trademark of Product Development Institute Inc.; PACE® is a registered trademark of PRTM.
2. The argument that technology projects require a special version of Stage-Gate® has been voiced previously; see Koen, P. 2003. Tools and Techniques for Managing the Front End of Innovation: Highlights from the May 2003 Cambridge Conference. Visions XXVII, 4 (October).
3. Ajamian, G. and Koen, P. A. 2002. Technology Stage Gate: A Structured Process for Managing High Risk, New Technology Projects. In The PDMA Toolbox for New Product Development, edited by P. Beliveau, A. Griffin and S. Somermeyer, New York: John Wiley & Sons, pp. 267-295.
4. Cooper, R. G. 2005. Your NPD Portfolio May Be Harmful to Your Business's Health. PDMA Visions XXIX, 2 (April), pp. 22-26.
5. Cooper, R. G., Edgett, S. J. and Kleinschmidt, E. J., 2004. Benchmarking Best NPD practices - II: Strategy, Resource Allocation and Portfolio Management. Research-Technology Management 47, 3 (May-June), pp. 50-59, Exhibit 2.
6. The reasons for the shift in portfolios are explored in (4).
7. Quotations are from over 100 problem-detection sessions held in companies, and from several studies by the author and co-workers; see for example the three-part RTM series beginning with: Cooper, R. G., Edgett, S. J. and Kleinschmidt, E. J. 2004. Benchmarking Best NPD Practices - I: Culture, Climate, Teams and Senior Management Roles. Research-Technology Management 47, 1 (Jan-Feb), pp. 31-43; also (5) and (11).
8. S. See for example: Christensen, C. M. 1997. The Innovator's Dilemma. Harper Business, Harper Collins Publishers;
9. and Foster, R. N. and Waterman, R. H. 1998. Innovation: The Attacker's Advantage, Summit Books.
10. Cohen, L. Y., Kamienski, P. W. and Espino, R. L. 1998. Gate System Focuses Industrial Basic Research. Research-Technology Management 41, 4 (July-August), pp. 34-37.
11. The IRI study on portfolio management methods employed by industry is reported in: Cooper, R. G., Edgett, S. J. and Kleinschmidt, E. J. 1998. Best Practices For Managing R&D Portfolios. Research-Technology Management, 41, 4 (July-Aug), pp. 20-33;
12. and summarized in: Cooper, R. G., Edgett, S. J. and Kleinschmidt, E. J. 2002. Portfolio Management for New Products, 2nd edition. New York, NY: Perseus Books.
13. See: PDMA studies: Adams, M. and Boike, D. 2004. PDMA Foundation CPAS Study Reveals New Trends. Visions XXVIII, 3 (July), pp. 26-29;
14. and 2004. Cooper, R. G., Edgett, S. J. and Kleinschmidt, E. J. Benchmarking Best NPD practices - III: Driving New-Product Projects To Market Success. Research-Technology Management 47, 6 (Nov-Dec): pp. 43-55.
15. Source: Koen, P. in (2).
16. An early version of a technology model is described in: Eldred, E. W. and McGrath, M. E. 1997. Commercializing New Technology - I. Research-Technology Management 40, 1 (Jan-Feb) pp. 41-47; see also the model outlined in (2) and (3).
17. An earlier version of this model is outlined in Cooper, R. G. 2005. Product Leadership: Pathways to Profitable Innovation 2nd edition. New York, NY: Perseus Books, Chapter 7.
18. See (10) and Cooper, R. G., Edgett, S. J. and Kleinschmidt, E. J. 1999. New Product Portfolio Management: Practices and Performance. Journal of Product Innovation Management 16, 4 (July), pp. 333-351.
19. See (10) and Cooper, R. G., Edgett, S. J. and Kleinschmidt, E. J. 2002. Portfolio Management: Fundamental to New Product Success. In The PDMA Toolbox for New Product Development, edited by P. Beliveau, A. Griffin and Somermeyer, S. New York: John Wiley & Sons, pp. 331-364.
20. See Chapter 5 and Exhibit 5.6 in Portfolio Management for New Products (10).
21. See IRI study and (10, 15, 16).
22. Cooper, R. G. and Mills, M. 2005. Succeeding At New Products the P&G Way: A Key Element Is Using the Innovation Diamond. PDMA Visions XXIX, 4 (Oct.), pp. 9-13.
23. This section is based on (4); strategic buckets are explained in Portfolio Management for New Products (10).