Decision making is not a topic commonly taught in academia, even though it is essential to researchers. This presentation gives an introduction on decision making in research and project management from the point of view of business and research projects. The goal of this is to provide a framework for beginning researchers on how to get from the point of just start a research project until achieving their longer-term goal. The concepts will be introduced from the point of view of a running a development project in a business. The standard approach is to break the problem down into the development of each of the smaller components and to managing the risk of each individual component; strategies to manage the risk of the project will be the focus. On top of risk mitigation, a framework will be given on how to think about solving problems at the component level. Putting all of the concepts together, differences will be shown between research and development and the concepts will be applied to the development of a MOSFET as a case study.
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