Here at Rose-Hulman Ventures, we love working in the innovation space. The most invigorating projects are the ones where clients challenge us to go beyond what they know is possible in developing a new process or product. However, our clients often struggle with how to define the scope of projects like this.
At Ventures, we know the importance of good communication and strive for the best possible interactions with all of our clients. That’s why we’re highlighting the work of Sean Moseley, a Rose-Hulman associate professor of mechanical engineering and co-author of The Engineering Communication Manual.
At Ventures, we know the importance of good communication and strive for the best possible interactions with all of our clients. That’s why we’re highlighting the work of Sean Moseley, a Rose-Hulman associate professor of mechanical engineering and co-author of The Engineering Communication Manual.
At Ventures, we know the importance of good communication and strive for the best possible interactions with all of our clients. That’s why we’re highlighting the work of Sean Moseley, a Rose-Hulman associate professor of mechanical engineering and co-author of The Engineering Communication Manual.
At Ventures, we know the importance of good communication and strive for the best possible interactions with all of our clients. That’s why we’re highlighting the work of Sean Moseley, a Rose-Hulman associate professor of mechanical engineering and co-author of The Engineering Communication Manual.
At Ventures, we employ scores of Rose-Hulman student interns every year to work closely with our clients on product development and innovation. As a result, our interns get valuable real-world work experience while our client companies gain potential new employees while benefiting from the fresh perspectives, boundless energy and strong work ethic the interns bring to every assignment.
Bringing a new medical device to market involves much more than having a good idea. Does the product infringe on existing patents? Can it clear regulatory hurdles? Can it be economically mass produced? With the explosive growth of the life sciences industry in Indiana, answering these questions has become increasingly important.
Access the Ventures Talent Pipeline. Rose-Hulman Ventures is best known for bringing imaginative solutions to product development. But we are increasingly known for filling another equally important role for our clients: establishing an effective pipeline into the Rose-Hulman talent pool.
Minimum Viable Products. At Rose-Hulman Ventures, we build solutions to make our clients’ dreams become reality. These solutions can take many forms, from a quick and dirty prototype to a bells-and-whistles finished product. However, often the format of the final deliverable is up for debate.
Schedule and Budget, Quality Management, Project Planning, and Communication. Traditionally, schedule and budget are the two metrics by which project managers are measured. However, with highly innovative projects—involving what we call the “innovation space,”—it’s very difficult to predict how long things will take or how much they’ll cost.
Limiting Scope Creep and Managing Risk. In a traditional project, scope creep must be managed tightly to keep things on schedule and within budget. Each change in scope must be analyzed to predict its impact on the project, then the various stakeholders can decide if the change is worth the cost.
Entering the “Innovation Space.” Not all engineering projects are the same! Think about building a new stretch of highway – it’s a huge project requiring lots of expertise including everything from materials science to structural engineering.
