Project Selection

K. B. Akhilesh
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K. B. Akhilesh: Indian Institute of Science (IISc)

Chapter Chapter 7 in R&D Management, 2014, pp 69-83 from Springer

Abstract: Abstract Project selection is an important phase of finalizing R&D projects. The project selection process includes identification, evaluation, selection, and review. This chapter gives a detailed evaluation of project selection methods based on the availability and accuracy of data. There are quantitative and qualitative analytical methods, and the advantages and disadvantages of each method provide essential tools or techniques for R&D managers. Learning Objectives: To understanding the meaning of project selection and the different methods used in the selection of R&D projects; to present an outline on the risk analysis approach and decision analysis (DA) approach; to formulate the mathematical programming methods in project selection.

Keywords: Project selection in R&D; Diverse methods in R&D project selection; Overview of risk analysis approach; Outline decision analysis approach; Originate the mathematical programming methods in project selection; Illustrative representation of project management review models (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-81-322-1946-0_7

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DOI: 10.1007/978-81-322-1946-0_7

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