Article

Received 24.10.2024

Revised 27.02.2025

Accepted 29.03.2025

Retrieved from Iss. 117, P. 1, 2025

Pages 209 -220

Chernenko, Yu., Bedrii, D., & Semko, I. (2025). ASSESSING INNOVATION READINESS IN PROJECT MANAGEMENT: A COMPREHENSIVE EVALUATION OF THE IRI METHODOLOGY. Automobile Roads and Road Construction, (117.1), 209-220. https://doi.org/10.33744/0365-8171-2025-117.1-209-220

ASSESSING INNOVATION READINESS IN PROJECT MANAGEMENT: A COMPREHENSIVE EVALUATION OF THE IRI METHODOLOGY

Yuri Chernenko Dmytro Bedrii Inga Semko

This study introduces the innovation readiness index (iri), a structured framework for evaluating an organization’s capacity for innovation in engineering projects by integrating financial feasibility, effectiveness, and risk. A mixed-methods strategy was employed at Mastergaz, a leading IT engineering company. Data from 30 project stakeholders were gathered via quantitative surveys and qualitative interviews and analyzed for correlation with key project outcomes. Results show a strong positive relationship between higher IRI scores and enhanced project performance, including better completion rates and heightened stakeholder satisfaction. The average IRI score of 6.8, coupled with a Pearson correlation of 0.75, indicates that projects with stronger innovation readiness are more likely to succeed. The study also demonstrates the IRI’s adaptability across various industries. Implementing a structured, multi-dimensional readiness index can guide resource allocation, improve stakeholder engagement, and facilitate data-driven decision-making in project management. This research advances current understanding of innovation readiness by introducing a comprehensive model that incorporates financial, operational, and risk considerations. Future work includes validating the IRI in different organizational settings and expanding its criteria to capture broader stakeholder dimensions

innovation readiness, project management, risk management, stakeholder engagement, performance metrics, financial feasibility, customer satisfaction
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https://doi.org/10.33744/0365-8171-2025-117.1-209-220