Developing a process for the relative valuation of R&D programmes

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Abstract:

This paper addresses the issue of R&D programme prioritisation within a manufacturing company in the aerospace industry, in the context of an overall framework for technology management. A review of approaches to R&D project selection leads into a recent case, which describes how the company developed a practical methodology. The benefits of the process and the relevance of the academic contribution are discussed, leading to a practical checklist for in-company development of a prioritisation process.

Document Type: Original Article

DOI: http://dx.doi.org/10.1111/1467-9310.00156

Affiliations: 1: Centre for Technology Management, Manufacturing and Management Division, Cambridge University Engineering Department, Cambridge, UK, 2: British Aerospace, Military Aircraft and Aerostructures

Publication date: January 1, 2000

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