Title :
Resource allocation for R&D projects in developing countries
Author :
Adke, S.S. ; Rajan, J.V. ; Subramanian, Sandeep K.
Author_Institution :
Nat. Chemical Lab., Poona, India
Abstract :
In this paper a nomogram is presented as a quick method for precomputing the economic range of expenditure on a project before its actual initiation. After a brief discussion of the several factors that distinguish the problem as presented to a research establishment in a developing country, the theory underlying the construction of the nomogram and its application is outlined, and the technique is evaluated by comparing the results obtained from the nomogram in a study of 15 completed R&D projects.
Keywords :
design aids; economics; nomograms; research and development management; R&D projects; developing countries; economic range of expenditure; nomogram; resource allocation; Economics; Estimation; Industries; Investments; Planning; Production; Resource management;
Journal_Title :
Engineering Management, IEEE Transactions on
DOI :
10.1109/TEM.1971.6447121
