An analytical approach to determine the current status of a technology roadmap: evaluating the impact of changes in technology development progress.

Abstract

When the progress of technology development is deviated from the initial timeline specified on the roadmap, it then affects the organizational strategies and a roadmap accordingly. However, how does an organization know whether the changes in progress of technology development are significant enough to require the updating of the roadmap? Therefore, one of the challenges for managers is how to assess their roadmap in relation to the changing situation of technology development progress. To address the challenge, this paper focuses on developing an analytical approach and evaluation model to assess the impact of changes in progress of technology development on the current status of a technology roadmap. The technology roadmap status signal obtained from the evaluation model helps the management in identifying whether their technology roadmap is still usable or needs to be updated to align with the changing situation of the technology development in order to prevent the roadmap from becoming obsolete.