Article | REF: AG2230 V2

Firm Strategy and Innovation Project Management

Author: Sandrine FERNEZ-WALCH

Publication date: August 10, 2018, Review date: January 29, 2021

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4. Innovation project management

An innovation project is costly, mobilizing financial and human resources. An innovation project is risky: it's a gamble on the future.

In small or struggling companies, it's best to focus on driving a single innovation project, just as an entrepreneur would.

In companies with greater resources, the question arises of how to manage and coordinate several innovation projects. This is the subject of multi-project management applied to innovation.

4.1 Manage each innovation project separately

The table 8 proposes a methodology for managing a goods or service innovation project.

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