The combined decision model for selecting and prioritizing research and development projects

Author

Conka, Tahir ; Ercan, Sami

Author_Institution

Dept. of Eng. Manage., Marmara Univ., Istanbul, Turkey

fYear

2005

fDate

9-11 June 2005

Firstpage

823

Lastpage

828

Abstract

In this study, a combined decision model for selecting and prioritizing research and development projects is proposed. The proposed model implements both the efficiency and feasibility analysis by using the qualitative and the quantitative information in the same model. In order to determine the efficient and feasible projects among the alternative R&D projects, recent mathematical methods such as data envelopment analysis (DEA), analytic hierarchy process (AHP), value tree analysis are implemented and combined in the proposed model.

Keywords

data envelopment analysis; decision theory; project management; research and development management; R&D projects; analytic hierarchy process; combined decision model; data envelopment analysis; efficiency analysis; feasibility analysis; mathematical methods; prioritization; qualitative information; quantitative information; research and development projects; value tree analysis; Data envelopment analysis; Energy management; Hardware; Information analysis; Information technology; Investments; Project management; Research and development; Research and development management; Resource management;

fLanguage

English

Publisher

ieee

Conference_Titel

Recent Advances in Space Technologies, 2005. RAST 2005. Proceedings of 2nd International Conference on

Print_ISBN

0-7803-8977-8

Type

conf

DOI

10.1109/RAST.2005.1512693

Filename

1512693