search query: @author Silverman, B. G. / total: 4
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Author: | Burnett, W. M. Silverman, B. G. Monetta, D. J. |
Title: | R&D project appraisal at the Gas Research Institute: part II. |
Journal: | Operations Research
1993 : NOV/DEC, VOL. 41:6, p. 1020-1032 |
Index terms: | R&D PROJECT APPRAISAL DECISION MAKING |
Language: | eng |
Abstract: | The Project Appraisal Methodology (PAM) was originally developed in 1975 and first run at the Gas Research Institute (GRI) in 1978 to help upper management select portfolios of research and development (R&D) projects to fund. Since that time, GRI has had 132 successful project commercializations and has achieved a success rate of 30 % or over twice the documented industry average. GRI attributes its success to several decision making principles founded in management science. PAM is the cornerstone of GRI's R&D decision making process. |
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