Innovation Project Management Stages

CMAT 2026 · INE · Medium · Innovation and Entrepreneurship

Match List I with List II

List I - Stages of Innovation Project ManagementList II - Key objectives
A. Ideation StageI. Translating selected ideas into viable prototypes or pilot projects
B. Concept DevelopmentII. Generating creative ideas and identifying unmet market needs
C. ImplementationIII. Defining value proposition, business model and feasibility
D. CommercialisationIV. Launching innovation to the market and scaling operations

Choose the correct answer from the options given below:

  1. A.

    A-II, B-III, C-I, D-IV

  2. B.

    A-III, B-II, C-IV, D-I

  3. C.

    A-IV, B-II, C-I, D-III

  4. D.

    A-II, B-I, C-III, D-IV

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