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- Major U.S. Government Laboratory
- Challenge:
- Develop an R&D program appraisal methodology to identify technology relationships between projects and prioritize all lab projects by determined criteria. The approach was to be used by the lab when times were financially tight or funding was cut.
- Solution:
- Program appraisal methodology was developed which ranked 106 R&D laboratory efforts. Relevant criteria determined included project contribution to meeting business areas short- and long-term goals, technological dependencies, percentage of funding spent and remaining, years to completion, and multiple others.
- Result:
- The methodology was automated so it could be easily used by laboratory management for making budgeting decisions. They could view the relative ranking of their programs under individual or multiple criteria. The criteria could be selected based upon existing or projected laboratory priorities. Results were also used as a basis for discussion and promoting understanding and consensus for upcoming decisions.
- Fortune 500 Commercial and Defense Contracting Company
- Challenge:
- Determine the technology required to support company product development twenty-five years in the future. Identify specific areas where the company should invest in order to be a significant player in future markets.
- Solution:
- A future technology program was created and funded. Existing business areas, related current products, and contributing technologies were identified. Competing products were then selected and their associated technologies forecasted and projected. Patterns of technology investment and incorporation into competing products were determined. Based on these findings, future product requirements and supporting technologies for the company were developed.
- Result:
- The company identified areas for future R&D investment and performed long-term planning to ensure business goals were met. In addition, now that a technology roadmap was established, it could be re-visited annually at minimal cost to evaluate potential impacts and ensure future objectives remained achievable.
