Project Evaluation

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

Chapter Chapter 8 in R&D Management, 2014, pp 85-93 from Springer

Abstract: Abstract Project evaluation is a dynamic process in R&D management. This chapter provides objectives of the project evaluation, the risks associated with project selection and criteria for evaluation for research proposals. R&D project evaluation is an art combined of Quantitative measures and expert judgments to assess and evaluate R&D projects. At the end of the chapter we have given a brief assessment on criteria for evaluations of project proposals, its costs and benefits and selection. Learning Objectives 1. To understand the meaning, need and benefits, and costs of project evaluation. 2. To enumerate the various risks associated with R&D projects, selection, and assorted criteria for evaluation of research project proposals. 3. To explore the estimation of costs and benefits of R&D projects. 4. To describe the several factors to identify the different possible fields of benefits.

Keywords: Project selection; Evaluation; Assessment of risk; Compatibility; Estimation of cost and benefits; Project selection (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_8

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DOI: 10.1007/978-81-322-1946-0_8

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