Vijay Verma
Management
September 2022
Research and development (R&D) projects have received little to no attention from the project management discipline, which has focused primarily on engineering, IT, and building projects. In order to strengthen their competitive edge in the economy, public research institutions, which are significant organizations, must expand their effort in research and development initiatives. This study's goal was to investigate how strategic project management (SPM) is used to carry out R&D projects at public research institutions. The results showed that the majority of public research institutions execute R&D projects using a formal and rigid conventional project management methodology. Also, it seems that there is minimal room for emergent strategy development and strategic learning. Therefore, public research institutions must adopt the SPM concept and procedure to enhance R&D project execution and economic impact.
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