Investment in R&D is critical for the long- term viability of industrial companies. But how much R&D is enough? It's a question most CTOs face as they prepare budgets for another fiscal year...
IRI resources assist your day-to-day R&D functions and help in problem solving. Search by keyword, topic, or your R&D role to find tools to help you manage your organization's R&D and innovation process more effectively.
Background | User Guide | Program Contents | Stakeholders | List of Metrics 1. Metric Definition Benchmarked manufacturing cost data vs. competition for same type of unit cost. 2. Advantages and...
An assessment by interval rating scale of the extent to which project performance objectives are clearly defined and understood by all participants on the project team.
The percent, by project or overall by sub-organization or laboratory, of all project milestones completed on schedule or within some acceptable time window or, for specific project milestones, the percent of all expected objectives met at the milestone date by which they are forecast to be completed.
Business unit market share in various product categories measured as appropriate for the industry or category, expressed as a percentage of the total market.
Relative quality and reliability compared to competitive products through evaluation by customers or consumers.
A set of measures of both the cost efficiency and cost effectiveness of the operation of R&D processes within the company, for example, average cost per successful project, spending as percent of projected project cost, percentage of costs devoted to successful projects, and others.
Percent of projects in the total R&D portfolio which explicit business unit and/or corporate business management sign-off.
The number of ways a technial asset can bring value to the corporation.
External or internal customer evaluation of the capabilities and output of the R&D function or the innovation process.
Background | User Guide | Program Contents | Stakeholders | List of Metrics 1. Metric Definition The elapsed time from either identification of a customer product need or the establishment of a...
The percent of projects in the total portfolio going through a defined project management system with defined milestones.
A metric to determine how well an R&D portfolio is protecting the technology investment and technical position of the company.
The calculated sum of future value expected to be realized from current R&D projects.
1. Metric Definition A group of measures of the financial return of R&D or the innovation process, including the New Sales Ratio (the percent of current sales originating from new products), Cost...
The degree of alignment of an R&D project or an R&D portfolio with the strategic intents of the company or a division of the company.