MOOC How to Execute Innovation Projects

Question 1

Stage-gate models examples

Answer 1

Fries machine, Habakkuk, Concord

Question 2

Stage-gate model

Answer 2

Prevents projects from being carried through without certainty of success
Stages and kill gates
Kill, stop, back, go

Question 3

Sequence of phases in stage-gate model

Answer 3

1. Discovery stage
2. Scoping
3. Build business case
4. Development
5. Testing and validation
6. Launch

Question 4

Sequential approach

Answer 4

When one stage finished fully, the next stage starts

• no early alarm systems
• long cycle times

Question 5

Concurrent process

Answer 5

Some activities conducted in one stage don’t need to be finished before moving on (overlap)

• high pressure
• more conflict
• high cost if dependencies

Question 6

Enlightened expirementation

Answer 6

Entails testing ideas and products in the virtual world of simulations and computer models
- especially suited innovation, due to high uncertainty