Author： Kolisch Rainer Meyer Konrad Mohr Roland
Publisher： Industrial Research Institute, Inc
ISSN： 0895-6308
Source： Research-Technology Management, Vol.48, Iss.3, 2005-05, pp. : 33-39
Disclaimer: Any content in publications that violate the sovereignty, the constitution or regulations of the PRC is not accepted or approved by CNPIEC.
Abstract
R&D portfolio planning involves the selection and prioritization of research and development projects to assure an effective and efficient use of the company's resources. Although detailed scheduling can be employed, the necessary effort to collect and process data gets in the way of a successful application. Hence, a model for project selection and prioritization is proposed that makes use of aggregated information. The model takes into account the value of projects as well as project interactions due to the demands on scarce resources. Employing the model can significantly increase a company's portfolio value and support both strategic and operational decision-making. It has been successfully applied to optimizing the R&D portfolio of one large pharmaceutical company, and can be applied to other industries in which the resource needs of projects are evenly distributed over the project duration.
Related content
Research-Technology Management, Vol. 52, Iss. 4, 2009-07 ,pp. :
Access to resources
Recommend
International Journal of Technology Management, Vol. 23, Iss. 7-8, 2002-07 ,pp. :
Research-Technology Management, Vol. 56, Iss. 5, 2013-09 ,pp. :
Measuring the value of Lincoln Re's R&D
By DeTore Arthur Clare Mark Weide James
Journal of Intellectual Capital, Vol. 3, Iss. 1, 2002-02 ,pp. :