DocumentCode
1507245
Title
Research project selection: Testing a model in the field
Author
Pound, William H.
Author_Institution
Department of Industrial Engineering and Management Science, The Technological Institute, Northwestern University, Evanston, Ill.
Issue
1
fYear
1964
fDate
3/1/1964 12:00:00 AM
Firstpage
16
Lastpage
22
Abstract
The results of a field test of a procedure for evaluating research projects is reported in this paper. The procedure, based on what is termed an expected value model, considers the following decision elements: 1) the environment of the problem, 2) the decision maker, 3) his objectives, and 4) his alternatives. The decision maker´s alternatives, in this case a number of potential research projects, are evaluated in the light of his objectives. The result of the procedure is a ranking of potential projects in terms of their expected values.
Keywords
Companies; Contracts; Data models; Laboratories; Personnel; Research and development;
fLanguage
English
Journal_Title
Engineering Management, IEEE Transactions on
Publisher
ieee
ISSN
0018-9391
Type
jour
DOI
10.1109/TEM.1964.6446389
Filename
6446389
Link To Document