Premium
Project selection by scoring for a large R&D organisation in a developing country
Author(s) -
Rengarajan S.,
Jagannathan P.
Publication year - 1997
Publication title -
randd management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.253
H-Index - 102
eISSN - 1467-9310
pISSN - 0033-6807
DOI - 10.1111/1467-9310.00051
Subject(s) - selection (genetic algorithm) , rank (graph theory) , developing country , division (mathematics) , business , computer science , operations research , knowledge management , engineering management , operations management , economics , engineering , mathematics , economic growth , artificial intelligence , arithmetic , combinatorics
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.