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Managing the Risk of Implementing New Technologies
Authors: L.C. McLean, C. Twigge-Molecey, F.M. Wheeler
36th MWSP Conference, vol 32, pp. 291, 1995

Abstract

Approaches to increasing the probability of successfully implementing new technologies, through risk definition and management, will be explored. The individual stakeholders: owner/user, researchers and inventors engineers, equipment vendors and financiers will be discussed from the perspective of:

  • their role in implementation
  • the incentives to participate
  • and the level of risk involved.

Examples of both successful and unsuccessful implementation of new technologies will be presented and discussed.

 

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