Forecasting impact of technology developed in R&D projects: the FITMAN approach

Abstract

A typical two- or three-year research project has
an impact that is only really visible after the project has come to an end, at a time when there are no resources to monitor that
impact. As a consequence, projects need to estimate/predict their
future impact before they end. In this paper we describe the
impact activity monitoring method in the FITMAN project. This
method addresses the problem by accounting for actions to raise
impact during a project and the planning for such actions after a
project has ended. We also describe the socio-economic impact
assessment methodology created in FITMAN, showing how this
links to the impact activity monitoring method. Key to both is the
assessment and monitoring of impact in three different areas:
industry, society and the scientific community. Each area
represents different challenges and we discuss their relative value
to the overall assessment. We also report on our early
experiences of applying this to ten industry-led use case trials in
the FITMAN project. The insights gained by applying these
methodologies can be more widely applied across domains
related to technology management

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Identifiers

ORCID for Brian Pickering: orcid.org/0000-0002-6815-2938

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