Managing uncertainty and ambiguity in frontier R&D projects: A Korean case study

Abstract

One of the important tasks in planning large, frontier R&D projects is to minimize innate uncertainties and ambiguities in the early stages of the project. This case study is an attempt to provide a framework to handle such problems in R&D planning. In it we analyze various elements that define planning conditions, classify them into basic constructs, and suggest tools and methods to deal with uncertainty and ambiguity. We utilize two case studies to approach the research questions. Our findings suggest that both initial planning conditions and the effectiveness of front-end planning management affect the performance of R&D planning and the later R&D process. (C) 2007 Elsevier B.V. All rights reserved.