Abstract
Management of innovative projects is carried out under conditions of a high degree of uncertainty and risk. In the absence of competent management, an innovative project is either unclaimed by the target audience, or is closed due to overspending of resources. The purpose of this research is to identify the main problems in the management of innovative projects and to offer recommendations for improving the efficiency of management. The object of the research is the management of innovative projects. The subject of the research is the main problems of project teams in innovative projects. As part of the research, an expert interview was conducted with managers of innovative projects and representatives of project teams in various areas of project management. Based on the results of the interview, the key problems in the management recommendations for their elimination were proposed.
Highlights
In the modern world, which is characterized by instability, uncertainty, complexity and ambiguity (VUCA-world), almost every organization faces the need to implement the latest technologies, and, to manage innovative projects
Innovative projects, in the research, is a complex of interrelated management actions within the time and resource constraints aimed at creating an innovation – a fundamentally new product or service based on the advanced achievements of science and technology
The purpose of the research is to identify the main problems in the management of innovative projects and to offer recommendations for improving the efficiency of management
Summary
In the modern world, which is characterized by instability, uncertainty, complexity and ambiguity (VUCA-world), almost every organization faces the need to implement the latest technologies, and, to manage innovative projects. Innovative projects, in the research, is a complex of interrelated management actions within the time and resource constraints aimed at creating an innovation – a fundamentally new product or service based on the advanced achievements of science and technology. Traditional project management is often seen as a process for planning, scheduling, controlling. These practices may not work well when innovation is required. A large number of innovative projects fail, either due to overspending of resources, or are unclaimed by the target audience
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