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Completing projects on-time: how project acceleration affects new product development
Authors:Morgan Swink  
Institution:Department of Marketing and Supply Chain Management, Eli Broad College of Business, Michigan State University, East Lansing, MI 48824, USA
Abstract:How do accelerated time goals affect the execution and completion of new product development (NPD) projects? This research addresses this question as it relates to project content, project leadership, and aspects of design integration. Research data were drawn from a survey of 131 completed NPD projects from firms representing a wide variety of manufacturing industries. The results of an analysis of both intentionally accelerated and normally-paced projects suggest that project acceleration interacts with project content, leadership, and integration variables to affect on-time performance differently across NPD project types, sometimes in surprising ways. Two primary effects are posited to explain these inconsistent effects. First, NPD acceleration tends to increase the difficulty of the project by introducing new procedures and by reducing schedule slack. These changes are thought to exacerbate project content factors and to raise the value of NPD leadership and integration techniques. At the same time, an intentional acceleration strategy is thought to signal increased priority for the project, causing development personnel to make more careful decisions, and to more effectively implement new technologies and techniques. The article discusses the implications of the findings for future research and practice.
Keywords:Product development  Empirical research  Time-based competition
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