While the declaration of a recession is dependent on an obscure department of the federal government, most people recognize the signs of an economic downturn. Dictionary.com defines an economic recession… Read More
New Product Development
Four Project Risk Factors During a Recession: Part 3
Welcome to Part 3 in our series on project risk during a recession. Part 1 focused on customers as a risk factor. You can read here about adjusting price decisions… Read More
Four Project Risk Factors During a Recession: Part 2
New project development (NPD) is a critical pursuit for all companies. Designing and marketing products gives a firm new streams of revenue and allows companies to remain competitive. With technological… Read More
Four Project Risk Factors During a Recession: Part 1
Risk is a part of every project, especially in developing new products and services. In fact, the longer it takes to launch the new product, the more likely that customers… Read More