Abstract
New product portfolio management (NPPM) is the dynamic decision process of evaluating, selecting, prioritizing, and allocating resources to product development projects. The New Product Development (NPD) project decision process deals with uncertain and changing information, dynamic opportunities, several goals and strategic considerations. Stage Gate process is a template that leads a new product project through the various steps from idea to launching and helps manages for the new product development process to improve effectiveness and efficiency. In this study a risk simulation and optimization model is created to select NPD projects by considering three step stage gate concept. In application, the model is applied for a company in portfolio management processes by considering uncertainty.
Original language | English |
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Title of host publication | Uncertainty Modelling in Knowledge Engineering and Decision Making - Proceedings of the 12th International FLINS Conference, FLINS 2016 |
Editors | Jie Lu, Ludovic Koehl, Etienne E. Kerre, Luis Martinez, Xianyi Zeng |
Publisher | World Scientific Publishing Co. Pte Ltd |
Pages | 1049-1055 |
Number of pages | 7 |
ISBN (Electronic) | 9789813146969 |
DOIs | |
Publication status | Published - 2016 |
Event | Uncertainty Modelling in Knowledge Engineering and Decision Making - 12th International Fuzzy Logic and Intelligent Technologies in Nuclear Science Conference, FLINS 2016 - Roubaix, France Duration: 24 Aug 2016 → 26 Aug 2016 |
Publication series
Name | Uncertainty Modelling in Knowledge Engineering and Decision Making - Proceedings of the 12th International FLINS Conference, FLINS 2016 |
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Conference
Conference | Uncertainty Modelling in Knowledge Engineering and Decision Making - 12th International Fuzzy Logic and Intelligent Technologies in Nuclear Science Conference, FLINS 2016 |
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Country/Territory | France |
City | Roubaix |
Period | 24/08/16 → 26/08/16 |
Bibliographical note
Publisher Copyright:© 2016 by World Scientific Publishing Co. Pte. Ltd.
Keywords
- New product development
- Portfolio management
- Risk simulation and optimization
- Stage gate