Discuss how managers should select and balance their R&D portfolio, as well as the advantages and disadvantages of some of the most often used tools for project evaluation.

Management

TASK

• Familiarize with the wide variety of methods available (both quantitative and qualitative) to evaluate innovation projects.

• Highlight the important role played by managerial assumptions in the accuracy and utility of any measure used.
• Emphasize the importance of a balanced R&D project portfolio (i.e. advanced R&D, breakthrough, platform, and derivative).

6.2 Action Required:

• Watch the short video in the following link

https://www.youtube.com/watch?v=0QOdd45aZ1o

6.3 Test your Knowledge (Question):

1. Discuss how managers should select and balance their R&D portfolio, as well as the advantages and disadvantages of some of the most often used tools for project evaluation.

6.4 Instructions

• Post your answer in the discussion board using the discussion link below (Week6: Interactive learning Discussion)

• Your answers should not exceed word limit of 100-120