In this paper I focus my attention in developing a model that can identify, analyze and quantify the risk of innovation projects. This model stands besides innovation project management practices and is based on a step by step structural framework empowered by a PRA (Probabilistic Risk Assessment) analysis. That is, the innovation project is conceptualized in different steps and for each step a PRA analysis is being performed. Moreover, the risks are divided in two categories: external and internal to the project with different probability of occurrence and impact values which in turn are calculated and integrated within the model. The final objective is to come up with a project risk-failure curve that can be used as an additional tool for the evaluation of the relative investment in innovation projects
1st advisor: VINCENZO BAGLIERI (Assistant Professor/ Department of Management/ Università Commerciale Luigi Bocconi)
2nd advisor: RAFFAELLA PICCARRETA (Bocconi Tenured Researcher/ Department of Decision Sciences/ Università Commerciale Luigi Bocconi)
I hereby ALTIN KADAREJA declare that will not distribute or make available any information shared in this survey to anyone that is not involved in this research study.