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Steady state and portfolio concept in R & D management
Author(s) -
Balthasar H. U.,
Gutzwiller St.
Publication year - 1975
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/j.1467-9310.1975.tb01238.x
Subject(s) - closing (real estate) , project portfolio management , portfolio , constant (computer programming) , computer science , process management , project management , operations research , operations management , business , economics , mathematics , management , finance , programming language
Abstract This paper describes a new approach for closing the gap between the tools for strategic goal management and operational management in Pharmaceutical R&D. The strategic level may concern with expectation of sales, rising from new products and with total R & D budget. The operational level concerns with project selection, project and multiproject management problems, solution of project related technical problems, determination of the size of the various functions and the functional management. This new method combines the R & D project portfolio management with a steady state concept allowing the attainment of a constant number of projects under development and a continuous full use of the capacity available.