Incorporating Digital Twins In Early Research and Development of Megaprojects To Reduce Cost and Schedule Risk

ABSTRACT Early‐stage research and development (ESR&D) plays a vital role in the product development lifecycle, necessitating innovative approaches to address the complex challenges faced during this phase. This article quantifies how the incorporation of digital twin (DT) technology can reduce cost and schedule risk during ESR&D and later lifecycle stages in megaprojects. The Idaho National Laboratory demonstrated the application of DT in the Microreactor AGile Non‐Nuclear Experimental Testbed (MAGNET) operations phase, showcasing the transformative potential of DT in both design and operation. These advances allowed real‐time assessment of construction changes and their impact on project requirements. By focusing on the benefits of digital twinning, this article aims to promote a more positive attitude toward the incorporation of digital twin technologies in the early stages of R&D projects.