Technology management using computer-aided decision engineering tool

A methodology is presented for the analysis and selection of research projects using a state-of-the-art, influence-diagram-based decision analysis software program, the Computer-Aided Decision Engineering Tool (CADET). The application of this methodology to the development of research project funding recommendation is reviewed and discussed. Decision analysis techniques and CADET are used to comparatively assess the potential commercial value of research projects that transform technological advances into development-ready technical capabilities for use in new products and services. CADET, which was developed for this task, provides a flexible, user-friendly environment for this analysis, and also incorporates and expert system-based front-end to assist new users. This methodology further facilitates the management of emerging technologies by increasing interaction and communication between research and marketing organizations