Project Innovation

1. Presented by
Emad Al-Shirbeeny

2. • Implementation of new ideas
that create value.
• Introduction of new systems
or practices
• Replacement of existing
systems or practices with
significantly improved ones.

3. Innovation
Projects
• They are often more complex than usual
projects.
• They need more flexible tools and
approaches.
• They need more robust inter-communication
among all players and stakeholders.
• They need to establish a project performance
assessment system.
• They need a different genre of leadership to
manage people and be successful.

4. Goals of Innovation
• To make a significant positive change
• To build a culture of innovation
• To develop new competencies
• To identify savings potential
• To achieve revenue potential
• To identify market trends
• To improve quality & core processes
• To access new technologies / markets
• To build customer loyalty

5. • Financial pressures
• Increased competition
• Shorter product life cycles
• Value migration
• Stricter regulation
• Industry and community needs
• Increased demend for accountability
• Demographic, social and maket
changes
• Rising customer expectations
• Changing economy
• Availability of useful technologies
Innovation Drivers

6. • Process Innovation: A new or significantly improved
production or delivery method, including changes in
techniques, equipment and/or software.
• Product Innovation: A new or significantly improved
good or service, such as significant improvements in
user friendliness or other functional characteristics.
• Marketing Innovation: A new marketing method
involving significant changes in product design, product
placement, product promotion or pricing.
• Organizational Innovation: A new organizational
method in business practices, workplace organization or
external relations.
Innovation Types

7. • Benchmarking
• Brainstorming
• Business Process
Reengineering
• Change Management
• Technology Audit
• Technology Forecast
• Value Analyses
General Innovation Tools Managerial Innovation Tools
• Failure Mode & Effect Analysis
• Peer Evaluation
• Team Building
• ISO 9000
• Total Productive Maintenance
Production Innovation Tools
• Design for X
• Quality Function Deployment
Process Innovation Tools
• Manufacture & Assembly Design
• Lean Thinking
• Continuous Improvement
• Concurrent Engineering
• Just In Time
Innovation Management Tools

8. Incremental Approach
• Focus on creating new
products and services to
grow revenue and sales,
protect current business
models, and create new
business models.
Radical Approach
• Essential to developing new
markets, finding new
customers, and remaining
competitive, although it
implies a difficult, lengthy
and risky process.
Strategic Approaches of Innovation

9. • A suspicion of novelty, a fear of the unproven.
• A culture that over emphasizes cost
containment, processes, consistency or
efficiency.
• A general fear of risk taking, wanting to
analyze, to wait and see what others do in the
market before acting.
• A lack of explicit funding for experimentation.
• A tendency to shoot down novel ideas as a way
of scoring points.
Barriers to Innovation

10. • Warner, P. D. (2012). Creativity and innovation in
project management. Paper presented at PMI®
Global Congress 2012—North America, Vancouver,
British Columbia, Canada. Newtown Square, PA:
Project Management Institute.
• Fernando M., "Innovation in Project Management
and influencing the success of innovation
strategies.", June 2006
• Covvey H. D., "Industrial-Strength Innovation
Project Management", 2009
• Goodman E., "Open Innovation for Project
Management", November, 2012
• Keegan A and Terner J. R., " The Management of
Innovation in project based firms", December 2000
• Filippov S., Mooi H., "Innovation project
management: a research agenda", 2000.
• Huff, A. S. (2016). Project innovation: evidence-
informed, open, effectual, and subjective. Project
Management Journal, 47(2), 8–
26. doi: http://dx.doi.org/10.1002/pmj.21576
References