Technology management refers to the integrated planning, design, optimization, operation and control of technological products, processes and services, in order to manage of the use of technology for human advantage. It contains a number of
management
Management (or managing) is the administration of organizations, whether businesses, nonprofit organizations, or a Government agency, government bodies through business administration, Nonprofit studies, nonprofit management, or the political s ...
disciplines that allow organizations to manage their
technological
Technology is the application of conceptual knowledge to achieve practical goals, especially in a reproducible way. The word ''technology'' can also mean the products resulting from such efforts, including both tangible tools such as ute ...
fundamentals to benefit their customers. The role of the technology management function in an organization is to understand the value of certain technology for the organization and for the customer, and to identify when it is better to invest in technology development and when to withdraw.
Key concepts
Typical concepts used in technology management are:
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Technology strategy - the logic or role of technology in an organization.
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Technology forecasting
Technology forecasting attempts to predict the future characteristics of useful technological machines, procedures or wikt:technique, techniques. Researchers create technology forecasts based on past experience and current technological developmen ...
- the identification of possible relevant technologies for the organization, such as
technology scouting.
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Technology roadmap - mapping technologies to business and market needs.
* Technology project portfolio (a set of projects under development) and technology portfolio (a set of technologies in use).
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Technology transfer
Technology transfer (TT), also called transfer of technology (TOT), is the process of transferring (disseminating) technology from the person or organization that owns or holds it to another person or organization, in an attempt to transform invent ...
- the process by which
technology
Technology is the application of Conceptual model, conceptual knowledge to achieve practical goals, especially in a reproducible way. The word ''technology'' can also mean the products resulting from such efforts, including both tangible too ...
is transferred from the institution, organization or person that possesses it to another institution, organization or person, usually with the aim of transforming inventions and scientific knowledge into novel products and services that can then be provided to the market place or society in general.
Accreditation and certification
United States
In the United States, Technology Management was deemed an emerging field of study by the Department of Education and received a new
Classification of Instructional Program (CIP) code in 2020. The
Association of Technology, Management, and Applied Engineering (ATMAE) accredits collegiate programs in technology management. An instructor or graduate of a technology management program may choose to become a Certified Technology Manager (CTM) by sitting an exam administered by ATMAE covering production planning & control, safety, quality, and management/supervision. The ATMAE program accreditation is recognized by the
Council for Higher Education Accreditation (CHEA) for accrediting associate, baccalaureate, and master's degree technology management programs.
See also
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Innovation management
References
{{Authority control
Technological management
Management by type
Technology systems