• 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