Implementation and Evaluation of Research and Development Policy
All Research and Development projects are assigned an ‘owner’.‘Owners’ represent an end point for monitoring and reporting purposes. However many other Directors and employees of Next ChallengeC may be involved in implementation of Research and Development projects at any one time.
Task breakdowns will be assigned to individuals by the owner and must be checked by that Director regardless of who is involved in implementing particular tasks.
All projects and services initiated by Next Challenge are subject to the same evaluation. When in the Development and Research stage projects and services may be evaluated a number of times before all Directors agree to inclusion of that service as ‘standard’ operation.
Evaluation is based on analysis of both actual and perceived/intangible costs and benefits.
Process owners are required to present the evaluation and supporting documents to the Board of Directors if the recommendation is the continuation of the service/product.
Date of Policy: October 2003
Date Review Completed: May 2016
Due for Review: August 2019
Task breakdowns will be assigned to individuals by the owner and must be checked by that Director regardless of who is involved in implementing particular tasks.
All projects and services initiated by Next Challenge are subject to the same evaluation. When in the Development and Research stage projects and services may be evaluated a number of times before all Directors agree to inclusion of that service as ‘standard’ operation.
Evaluation is based on analysis of both actual and perceived/intangible costs and benefits.
Process owners are required to present the evaluation and supporting documents to the Board of Directors if the recommendation is the continuation of the service/product.
Date of Policy: October 2003
Date Review Completed: May 2016
Due for Review: August 2019
