Title :
Energy R& D Modeling for Budgetary Decisions
Author :
Chen, Kan ; Kirkwood, Craig W. ; Lathrop, John W. ; Pollock, Stephen M.
fDate :
4/1/1977 12:00:00 AM
Abstract :
A top-down approach is taken to apply multiobjective decision analysis to the strategic budgetary decisions in energy research and development (R&D) planning. A model is developed for the explicit and quantitative treatment of uncertainties and project interrelationships. The model is applied to an example budgetary allocation between two coal liquefaction programs, H-Coal and Synthoil. The example demonstrates the potential appropriateness of decision analysis in energy R&D strategic planning.
Keywords :
Knowledge management; Pressing; Probability distribution; Project management; Research and development; Research and development management; Risk management; Strategic planning; Technology planning; Uncertainty;
Journal_Title :
Systems, Man and Cybernetics, IEEE Transactions on
DOI :
10.1109/TSMC.1977.4309695
