The project management team has to respect contractual commitments, in terms of deadlines and budgets, that are often two antagonistic functions. Then, during the invitation to tender phase or when faced with a risk situation, it has to determine its risk management strategy.

Performing an appropriate risk management methodology is essential to support early decision-making in innovation development projects. In parallel, research and practice in innovation have evolved over the last years, surpassing the sphere of new product development to address recent domains...