Research and development controlling

R&D and innovation management at a glance

• Strategic importance of innovations for the company.
• Promoting innovation in the company.
• Sustaining and disruptive innovations.
   

Structural and personnel challenges

• Creativity and controlling - not an irreconcilable contradiction.
• Best practices for the organizational challenges of R&D controlling.
• Critical success factors for successful R&D controlling.
   

R&D project controlling

• Project controlling methods for the R&D area.
• The magic triangle: costs, deadlines and services.
• R&D project controlling methods: e.g. milestone trend analysis, earned value analysis.
• Project management with stage-gate models.
• Controlling of agile projects.
   

Basic operational requirements for R&D controlling

• Project cost accounting: the work package as a dimension of cost recording.
• R&D as a component of life cycle costing.
• Influence of target costing on R&D.
• Project-related time recording as a core element of R&D project controlling.
• R&D budgeting, forecasting and reporting in an R&D matrix organization.
   

IT support for R&D controlling

• Requirements of the various stakeholders for software solutions.
• Classes of software solutions: Office products, project modules of ERP systems, project management software, business intelligence.
• Integration of the individual systems as a particular challenge.
   

R&D performance controlling

• Assessment of R&D projects using scoring systems.
• Overview of input, output, outcome and process-oriented R&D key figures.
• Criteria for accompanying R&D controlling: e.g. net present value and internal rate of return.
• Risk management in the R&D area.
   

Strategic R&D controlling

• R&D project portfolio - mapping the corporate strategy.
• Making qualitative performance measurable: Developing an R&D balanced scorecard.