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Project Evaluation

In: R&D Management

Author

Listed:
  • K. B. Akhilesh

    (Indian Institute of Science (IISc))

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.

Suggested Citation

  • K. B. Akhilesh, 2014. "Project Evaluation," Springer Books, in: R&D Management, edition 127, chapter 0, pages 85-93, Springer.
    • Handle: RePEc:spr:sprchp:978-81-322-1946-0_8
    DOI: 10.1007/978-81-322-1946-0_8
    as

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