2018 Annual Conference – Emerging Portfolio Management Tools

Conceptually, Technology Readiness Levels (TRLs) provide a linear map of technology evolution, which recent work reveals to be in many ways a nonlinear process. TRLs also tend to be applied and interpreted inconsistently within organizations, despite the availability of detailed guidance. For these reasons TRL estimates and forecasts are highly subjective. A computationally-assisted model of a TRL-like classification for estimation and tracking could enable a Research and Development (R&D) portfolio manager to estimate more accurately the relative level of development for technologies in that portfolio. SRI is creating a data-driven tool that can inform R&D portfolio managers’ evaluation of the risk and potential impact of the technologies in their portfolios, which, in turn, will allow them to make more informed decisions on how to allocate their limited resources. This tool will identify indicators of technology transition between technology development levels and, using those indicators, provide explanations for prior technology development cycles.

https://www.pathlms.com/iri-learningcenter/events/1171/video_presentatio…