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The management of products innovation projects faces the adoption of a product innovation chain and the ways to develop its processes. There are many approaches for managing the processes and these approaches may be applied in any phases of the innovation chain. That means that each phase may applies one process management approach with independence of those used in other phases. Traditional and new approaches may coexist along the innovation chain and could be mixed for creating other approaches. The transformation of inputs into outputs, the central aspect of process concept, involves a set of activities in terms of which, the processes are modeled. Risk analysis in the innovation chain is referred to process risk analysis in the innovation chain, considering different process management approaches, such as: concurrent engineering, co-creation, lean production, etc. These process management approaches are not, in general, characterized in order to support risk analysis. In our innovation model, process management approaches are separately characterized in terms of: one hand, their quality attributes, and another hand, the specific and different activities of every process management approach. In this work, we characterize and conceptualize some of these approaches for supporting risk analysis in a product innovation chain.
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