USING DECISION QUALITY PRINCIPLES TO BALANCE YOUR RESEARCH-AND-DEVELOPMENT PORTFOLIO

Citation
Je. Matheson et Mm. Menke, USING DECISION QUALITY PRINCIPLES TO BALANCE YOUR RESEARCH-AND-DEVELOPMENT PORTFOLIO, Research technology management, 37(3), 1994, pp. 38-43
Citations number
NO
Categorie Soggetti
Business,Management,"Engineering, Industrial
ISSN journal
08956308
Volume
37
Issue
3
Year of publication
1994
Pages
38 - 43
Database
ISI
SICI code
0895-6308(1994)37:3<38:UDQPTB>2.0.ZU;2-T
Abstract
OVERVIEW: Achieving a high return from your R&D investment cannot be a ccomplished simply by focusing on individual projects. To maximize you r return, you need to make quality decisions at the portfolio level-en suring the proper mix of high-risk, high-potential R&D with lower-risk projects that produce near-term returns through incremental improveme nts to existing products and processes. Using proven decision-quality techniques to analyze your portfolio and balance risk and return enabl es you to fund and manage projects more efficiently and cost-effective ly, and ultimately play a key role in maintaining and enhancing your c ompany's success.