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Managing projects and portfolios in R&D: why and how

Michael O’Neill

Abstract.

Small companies tend to be informal places free from the bureaucracy and processes that characterise life in larger companies. Although it is certainly true that too much bureaucracy can stifle activity and obsession with process can kill creativity and flexibility within a company, there are some useful lessons to be learned from larger companies when it comes to planning and running projects. Increasingly, smaller companies are having to plan projects very carefully to ensure that they squeeze value out of every penny that they have raised through income or investment. Managers can perform their own company audit, ensuring that they have the essential elements ...

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