A REVIEW OF PROGRAM-EVALUATION AND FUND ALLOCATION METHODS WITHIN THESERVICE AND GOVERNMENT SECTORS

A detailed analysis of existing published research on project/program evaluation, selection and fund allocation within service and governmen t sectors is presented. This analysis is based on a survey of 306 arti cles from 93 journals. Different methods for measuring intangibles are briefly presented and contrasted along with typical non-industrial ap plications. It is concluded that few publications deal with both evalu ation and allocation as an integrated process, and that a systematic c lassification of prevailing research does not exist. A scheme is devel oped for categorizing published research in terms of modeling methodol ogy, objectives, scope and areas of application. Additionally, trends and new areas of research are identified.