Project selection by scoring for a large R&D organisation in a developing country
Abstract:A project selection method has been derived for the R&D Division of an electrical equipment manufacturer in a developing country. In the method, a scoring model is used to select and rank projects which have a wide range of objectives and characteristics. The criteria used for selection relate specifically to the organisation's needs and culture, and they are weighted according to their relative importance as perceived by executives. The results of the study indicate the research culture of the R&D Division and reflect its environment. As such the paper illustrates a methodology which can be universally applied to large R&D organisations in developing or developed countries.
Document Type: Research Article
Affiliations: Bharat Heavy Electricals Limited, Corporate R&D Division, Vikas Nagar, Hyderabad 500 093 India
Publication date: April 1, 1997