Diamond of Innovation

Shenhar and Dvir’s Diamond of Innovation (2007) which was referenced in a recent article within Project Management Journal (April/May 2016) can aptly be applied to projects of many sizes and types. The categorization includes 1. Novelty, 2. Technology, 3. Complexity and 4. Pace. Contrasting this model to the so-called triple constraint of cost, scope and time (with quality often reflected in the center) can we gain new perspective in applying the Diamond of Innovation? I would argue that this additional tool would no doubt augment a project SWAT analyst in particular when comparing internal vs. external threats to a project. 

Filed under: Project Management, Tech, Theory