Strategic Decision-Making About Technology-Based Projects: Development and Use of a Risk Reference Framework

Johannes I. M. Halman, Jimme A. Keizer and Michael Song

from Palgrave Macmillan

Abstract: Abstract This chapter describes the development and use of a risk reference framework for diagnosing risks in technology-based projects. The risk reference framework consists of 12 main risk categories and 142 connected critical innovation issues. This framework has been developed for a globally operating company in the fast moving consumer goods industry. The development has been based on data from 114 interviews with professionals in product innovation, in-depth risk analyses carried out for 8 breakthrough projects, input from a panel with experts in product innovation, and an extensive literature review. The use of the risk reference framework as an essential part of a formal risk assessment process is explained.

Keywords: Risk Category; Project Team; Product Innovation; Innovation Project; Project Risk (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-51277-1_18

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DOI: 10.1057/9780230512771_18

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