Innovation Project Management: Methods, Case Studies, and Tools for Managing Innovation Projects

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John Wiley & Sons, Sep 4, 2019 - Business & Economics - 576 pages

Actionable tools, processes and metrics for successfully managing innovation projects

Conventional project management methods are oftentimes insufficient for managing innovation projects. Innovation is lost under the pre-determined scope and forecasted environments of traditional project management. There is tremendous pressure on organizations to innovate, and the project managers responsible for managing these innovation projects do not have the training or tools to do their jobs effectively. Innovation Project Management provides the tools, insights, and metrics needed to successfully manage innovation projects—helping readers identify problems in their organization, conceive elegant solutions, and, when necessary, promote changes to their organizational culture.

There are several kinds of innovation—ranging from incremental changes to existing products to wholly original processes that emerge from market-disrupting new technology—that possess different characteristics and often require different tools. Best-selling author and project management expert Harold Kerzner integrates innovation, project management, and strategic planning to offer students and practicing professionals the essential tools and processes to analyze innovation from all sides. Innovation Project Management deconstructs traditional project management methods and explains why and how innovation projects should be managed differently. This invaluable resource:

  • Provides practical advice and actionable tools for effectively managing innovation projects
  • Offers value-based project management metrics and guidance on how to establish a metrics management program
  • Shares exclusive insights from project managers at world-class organizations such as Airbus, Boeing, Hitachi, IBM, and Siemens on how they manage innovation projects
  • Explores a variety of types of innovation including co-creation, value-driven, agile, open versus closed, and more
  • Instructors have access to PowerPoint lecture slides by chapter through the book’s companion website

Innovation Project Management: Methods, Case Studies, and Tools for Managing Innovation Projects is an essential text for professional project managers, corporate managers, innovation team members, as well as students in project management, innovation and entrepreneurship programs.

 

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Contents

TYPES OF INNOVATION
19
Crowdsourcing
26
Airbus and Cocreation Partnerships
33
INNOVATION AND STRATEGIC PLANNING
63
4
115
The Innovation Culture
123
Understanding Reward Systems
129
Design Thinking
135
INNOVATION ROADBLOCKS
329
8
345
DEFINING INNOVATION SUCCESS AND FAILURE
353
Defining Success at the Beginning of the Project
359
Prioritization of the Success Factors
365
Identifying the Success and Failure Criteria
371
Facebook
377
3M
384

Prototypes
141
Strategy Maps
147
The Need for PM 2 0 and PM 3 0
153
FROM TRADITIONAL TO INNOVATION PROJECT MANAGEMENT
159
Innovation Assumptions
167
Work Breakdown Structure
175
INNOVATION MANAGEMENT SOFTWARE
219
VALUEBASED INNOVATION PROJECT MANAGEMENT METRICS
243
DISRUPTIVE INNOVATION
315
The Dark Side of Disruptive Innovation
321
Samsung
392
COMAU
400
Tokio Marine and Nichido Systems
408
Airbus Space and Defence
418
Wärtsilä energy Solutions
424
Critical Issues
430
CASE STUDIES
431
313
539
427
555
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About the author (2019)

HAROLD KERZNER, PhD is Senior Executive Director for Project Management at the International Institute for Learning (IIL), a global learning solutions company offering professional training and consulting services worldwide. Dr. Kerzner's profound effect on the project management industry inspired IIL to establish the Kerzner International Project Manager of the Year Award, which is presented to a distinguished PMP® credential holder or global equivalent each year. He is author of several respected books on project management, including Project Management: A Systems Approach to Planning, Scheduling, and Controlling and Project Management Best Practices: Achieving Global Excellence.

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