Critical success factors for effective risk management in new product development

Muhammad Akram, Colin Pilbeam

Research output: Chapter in Book/Report/Conference proceedingConference contribution

5 Citations (Scopus)

Abstract

In order for risk management (RM) to continue to provide strategic and operational value to improve NPD project performance, the process of RM has to be supported by certain critical success factors that ensure its success. Although there is a well-developed body of knowledge about RM tools and methods, the literature lacks any effort in providing guiding research on the critical success factors. By using systematic review methodology, this paper aims to fill in this significant gap and contribute to NPD literature in two ways. First, we identify and classify the various critical success factors from NPD literature. Next, these critical success factors will map the literature and offer a unifying framework that aggregates and structure these success factors in a parsimonious way.
Original languageEnglish
Title of host publicationProceedings of 2015 International Conference on Industrial Engineering and Systems Management (IESM)
EditorsJ. M. Framinan, P. Perez Gonzalez, A. Artiba
PublisherIEEE
Pages1205-1212
Number of pages8
ISBN (Electronic)9782960053265, 9782960053258
DOIs
Publication statusPublished - 14 Jan 2016
Externally publishedYes
EventInternational Conference on Industrial Engineering and Systems Management: The Road Ahead: Understanding Challenges and Grasping Opportunities in Industrial and Systems Engineering - University of Seville, Seville, Spain
Duration: 21 Oct 201523 Oct 2015
Conference number: 6th

Conference

ConferenceInternational Conference on Industrial Engineering and Systems Management
Abbreviated titleIESM 2015
CountrySpain
CitySeville
Period21/10/1523/10/15

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  • Cite this

    Akram, M., & Pilbeam, C. (2016). Critical success factors for effective risk management in new product development. In J. M. Framinan, P. Perez Gonzalez, & A. Artiba (Eds.), Proceedings of 2015 International Conference on Industrial Engineering and Systems Management (IESM) (pp. 1205-1212). IEEE . https://doi.org/10.1109/IESM.2015.7380306