ABSTRACT

In Chapter 3 the purpose and advantages of dividing a project into life cycle stages have been explained. These include breaking a project into manageable chunks, enabling project control and associated risks at each stage, allocating appropriate skills and management roles at each stage, and enabling progressive development. It was also discussed that the terminology and phasing of the project life cycle may vary according to the type of project and its area of application. In this chapter we aim to address the specific phasing, characteristics and key processes involved in typical R&D projects. Let us now begin by drawing a contrast between the life cycle characteristics of a traditional form of project (e.g. a construction project) and a contemporary R&D project, as summarised in Table 4.1. Comparison of project life cycles https://www.niso.org/standards/z39-96/ns/oasis-exchange/table">

Stages of project life cycle

Typical construction project/programme

Typical R&D project/programme

Project Definition

Usually clear cut, given and defined scope

Highly flexible, creative and dynamic

Project Planning (Design)

Follows directly from project definition

Only done after evaluation of technology and a preliminary trial of discovery

Project Planning (Appraisal)

Primary criteria are cost–benefit analysis and return on investment

Additional criteria include risk, competitive advantage and portfolio management

Project Implementation (Organisation)

Usually formal structure with clear responsibilities for project manager, team members and contractors

Often with far-reaching collaborative partnerships and multiple sponsors and project teams

Project Implementation (Control)

More rigid control of budget, schedule and quality standards

Higher flexibility and tolerance of cost, time and outcomes

Project Implementation (Risk)

Managed through critical path and risk register

More dynamic risk assessment supported by tests and clinical trials

Project Closure

Structured build, install, operate and handover processes

Often requires extensive trials and regulatory approval before delivery to the market

Transfer between stages

Well-defined governance of transfer and sign-off between stages of project life cycle

Usually flexible governance of technology transfer from research to development and also between stages

Attitude to details

It is all about control

Important, but also see the ‘big picture’ around the programme