Study of Implication of Qualification and Experience in Perception of Risks and Barriers for Innovative Projects

Author:

Narkhede Balkrishna E.1,Ghadage Yogesh D.2,Raut Rakesh D.3,Luthra Sunil4

Affiliation:

1. Industrial Engineering and Manufacturing Systems National Institute of Industrial Engineering (NITIE) Vihar Lake, NITIE, Powai, Mumbai, Maharashtra, India

2. Department of Production Engineering Veermata Jijabai Technological Institute (VJTI) H. R. Mahajani Road, Matunga, Mumbai, Maharashtra, India

3. Operations and Supply Chain Management National Institute of Industrial Engineering (NITIE) Vihar Lake, NITIE, Powai, Mumbai, Maharashtra, India

4. Department of Mechanical Engineering State Institute of Engineering & Technology (Formerly known as Government Engineering College) Nilokheri, Haryana, India

Abstract

Risks and barriers identification and management in innovative projects is a crucial phase. The risk and barrier evaluation is a critical task for the risk manager. The correctness of the evaluation process leads to effective management of risks and barriers. Effective management of risks and barriers improve the probability of success rate of the innovative projects. The current study attempt to understand the effect of Qualification & Experience (QE) in the perception of risks and barriers. This study intends to conclude on the effect of the above factors in the evaluation process. The evaluation of outcome indicates that the QE factors have their independent perception in the risk and barrier evaluation process.

Publisher

International Journal of Mathematical, Engineering and Management Sciences plus Mangey Ram

Subject

General Engineering,General Business, Management and Accounting,General Mathematics,General Computer Science

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