ABSTRACT
The most important goal of an innovative project management system is to execute a plan to bring the idea to a productive and value-added position as quickly as possible. The increased presence of disruptive technology on 21st century projects has changed the “rules of the game” and created a demand for unique project life cycle choices and development approaches that will match their unique challenges and opportunities. Innovative projects and programs in the first quarter of the 21st century have been coming in varying shapes and sizes, and there are many ways to execute them, including the type of Project Life Cycle used to undertake each one. In the case of an innovation project that shows no continuous improvement, the nature of the project frequently requires a specialist and project manager to be assigned.
