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Project Selection

In: R&D Management

Author

Listed:
  • K. B. Akhilesh

    (Indian Institute of Science (IISc))

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.

Suggested Citation

  • K. B. Akhilesh, 2014. "Project Selection," Springer Books, in: R&D Management, edition 127, chapter 0, pages 69-83, Springer.
    • Handle: RePEc:spr:sprchp:978-81-322-1946-0_7
    DOI: 10.1007/978-81-322-1946-0_7
    as

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