I recently purchased three new pair of underwear at a well-known department store. Upon the first washing, the elastic had separate from the fabric on one pair. I was disappointed… Read More
Engineering Management
Project Cost Estimates
Every project requires an expenditure of resources, including time money, and people (human resources). Whether projects are conducted in-house by project management teams or outsourced to experts in the field,… Read More
Change Management in Projects – Part 3
All projects encounter change. In fact, by definition, projects are designed to create change. The expected outcome of any project is a new product, service, or business process that improves… Read More
Change Management in Projects (Part 2)
Change – most of us dread change. We are uncertain of the impact change will have on our lives and we often doubt the benefits of change. Yet, working in… Read More
Managing Change in Projects: Three Tools
Why Change? Tired but true is the statement that we can be sure that change is the only constant. Managing projects for new product development (NPD) is the ultimate in… Read More
Three Characteristics of Leaders
Leaders in product and project management often arrive at their positions through demonstration of excellence in technical fields. Newly minted engineering managers sometimes struggle to translate engineering skills into management… Read More
Financial Tools in Innovation Management
New product development professionals (NPDP) and project managers need to be familiar with a number of financial tools. Financial evaluations are used to select active new product development (NPD) projects… Read More
Cooking Up Innovation
Innovation Learning Process I used to be an absolutely terrible cook! I almost never cooked and when I did, even the toast would burn. Over the years, however, my cooking… Read More
Matrix Organizational Structure
Business today is complex. Companies must grow profits and constantly innovate to outpace aggressive competitors. Work is more challenging from a technological perspective, yet workers are being asked to do… Read More
Project-Oriented Organizational Structure
Management functions are often described in four categories: Planning, Organizing, Leading, and Controlling While planning involves a strategic vision for the firm, organizing describes how the company intends to allocate… Read More
Building Innovation Leaders
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