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