ITPEC IP April 2020 Question 85

Topic: Technological Strategy Management

Among the descriptions I through III shown below, which of the following lists all and only the appropriate characteristics of a technology road map that is used in technology development on the basis of a technological strategy?

IIt is suitable for the short-term performance management of engineers.IIIt is easy to perform planning on the budget and the allocation of human resources for technological investment in consideration of the time axis.IIIIt places emphasis on creativity, and it does not pay much consideration to the time axis.

Explanation

II only — a technology roadmap lays technologies and goals out on a time axis, which makes it easy to plan the budget and staff for technological investment.

A technology roadmap, drawn from the technology strategy, shows along a time axis of several years which technologies, products and functions are to be realised and when, with the milestones between. Because every item sits at a point in time, it tells the company when to invest how much and when to assign which engineers, and it keeps research, development and business plans aligned.

  • •I: wrong. A roadmap looks at the medium and long term of technology development; it is not a tool for managing engineers' short-term performance.
  • •II: right. Budget and human-resource allocation can be planned against the time axis.
  • •III: wrong. The time axis is the core of a roadmap, not something it neglects.

Answer (d)

Why not others:

  • •(a) I and (b) I, II — include I, but a roadmap plans technologies over the years ahead rather than appraising individual engineers
  • •(c) I, II, III — also includes III, which contradicts the defining feature of a roadmap, its time axis

Key rule: A technology roadmap is a time-based plan of technology strategy: technologies and products on one axis, years on the other, used to schedule investment and resources.

Technological Strategy Management · AI-written, may contain errors

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