Improving performance evaluation metrics to manage innovative projects

Vincent Boly (), Laure Morel () and Mauricio Camargo ()
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Vincent Boly: ERPI - Equipe de Recherche sur les Processus Innovatifs - UL - Université de Lorraine
Laure Morel: ERPI - Equipe de Recherche sur les Processus Innovatifs - UL - Université de Lorraine
Mauricio Camargo: ERPI - Equipe de Recherche sur les Processus Innovatifs - UL - Université de Lorraine

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Abstract: As with any process, innovation requires control and evaluation operations in order to improve management practices. This research focuses on the concept of evaluation concerning innovation project management (from idea to launch). Indeed, literature attests to numerous productions in the field of project management and there are many software packages available. A performance benchmark conducted on the most successful software confirms that the project manager has few elements in relation to the characteristics of innovation, including: newness, uncertainty and learning. Consequently, this research fills the gap in the field of project reporting and evaluation of innovation. The research results are a list of variables to be followed by innovators throughout a project (in particular during the fuzzy front end).

Keywords: innovation; innovative projects; project management; evaluation operations; newness; customer integration; confrontation; performance evaluation; evaluation metric (search for similar items in EconPapers)
Date: 2012-08-10
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Citations: View citations in EconPapers (1)

Published in International Journal of Technology Intelligence and Planning, 2012, 8 (3), pp.215-230. ⟨10.1504/IJTIP.2012.048571⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00724126

DOI: 10.1504/IJTIP.2012.048571

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