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Project Portfolio Management in …
Project Portfolio Management in Telecommunications R&DTaru Introducion Managing R&D Projects Using Roadmaps Strategy in R&D Problems and their root causes in R&D Project Portfolio Management Decisions on Projects & Portfolio SummaryIntroduction Intense competition and constant changes in the business environment -> high R&D expenses Need for true innovations Need to manage the money right Basic Project Management not enough -> need methods for allocating the money to right projects Different R&DResearch (long term) Technology development (medium term)Product development (short term) Clarity and measurability of goalsStrictness of methodsOperational and strategic freedomNumber of projectsSize of projectsRadical nature of projectsRisk levelTechnology maturityEnd productLinks and InterdependenciesResearchTechnologyProdu ctR 1R 2R 3R 5R 6R 4T 1T 2T 3T 4P 2P 3P 5P 4 TimeTechnology maturityProjects at a given momentEnd ProductP 1 End ProductEnd ProductPath to a business goalProjects in R&D Goals of multiple types a new technology, a verified technology, a new process, improvement of existing technology or product, or the actual end product delivered to the
Taru Aalto 26.3.2004. Agenda ... • Researchers and project managers are more business-oriented ... • Project portfolio management is about
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