Winter Meeting 2014 - Pragmatic Analytics for Managing R&D Project Risks

ROR Stage: finalizing research approach, gathering and analyzing data 

•    Preparatory work by committee results in effective working session
•    Use of analytics for R&D should be scaled on a maturity model. Use the right tools/methods for the right problem, right time.
•    Having the rights tools/methods is necessary but not sufficient. 
•    Establish confidence in the analytic methods: ‘Pragmatic’ is leadership support and be able to apply the results
•    Effective management of risks/opportunities requires management engagement

Team: Scott Mathews and Robert Williams, Boeing; Alan Fusfeld, Phil Russell (SMEs)