English, Article edition: AN EXCEL-BASED DECISION SUPPORT SYSTEM FOR SCORING AND RANKING PROPOSED R&D PROJECTS ANNE DE PIANTE HENRIKSEN; SUSAN W. PALOCSAY

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Bookmark: http://trove.nla.gov.au/version/36548
Physical Description
  • article
Language
  • English

Edition details

Title
  • AN EXCEL-BASED DECISION SUPPORT SYSTEM FOR SCORING AND RANKING PROPOSED R&​D PROJECTS
Author
  • ANNE DE PIANTE HENRIKSEN
  • SUSAN W. PALOCSAY
Physical Description
  • article
Notes
  • One of the most challenging aspects of technology management is the selection of research and development (R&​D) projects from among a group of proposals. This paper introduces an interactive, user-friendly decision support system for evaluating and ranking R&​D projects and demonstrates its application on an example R&​D program. It employs the scoring methodology developed by Henriksen and Traynor to provide a practical technique that considers both project merit and project cost in the evaluation process, while explicitly accounting for trade-offs among multiple decision criteria.1 The framework of the Excel-based system, PScore, is presented with an emphasis on the potential benefits of using this methodology with computer-automated extensions that facilitate and enhance managerial review and decision-making capabilities.
  • R&​D project evaluation, R&​D project selection, scoring, ranking, interactive decision support
  • RePEc:wsi:ijitdm:v:07:y:2008:i:03:p:529-546
Language
  • English
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