Innovation Project Management Stages
CMAT 2026 · Innovation & Entrepreneurship · Medium · Innovation and Entrepreneurship
Match List I with List II
| List I - Stages of Innovation Project Management | List II - Key objectives |
|---|---|
| A. Ideation Stage | I. Translating selected ideas into viable prototypes or pilot projects |
| B. Concept Development | II. Generating creative ideas and identifying unmet market needs |
| C. Implementation | III. Defining value proposition, business model and feasibility |
| D. Commercialisation | IV. Launching innovation to the market and scaling operations |
Choose the correct answer from the options given below:
- A.
A-II, B-III, C-I, D-IV
- B.
A-III, B-II, C-IV, D-I
- C.
A-IV, B-II, C-I, D-III
- D.
A-II, B-I, C-III, D-IV
Answer
A
Explanation
- Ideation Stage Generating creative ideas (II)
- Concept Development Defining value proposition & business model (III)
- Implementation Translating into prototypes (I)
- Commercialisation Launching to market & scaling (IV)
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