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Author:Bordley, R.
Title:Keeping it sophisticatedly simple in R&D project management
Journal:Engineering Economist
1999 : VOL. 44:2, p. 168-183
Index terms:PROJECT MANAGEMENT
R&D
NET PRESENT VALUE
Language:eng
Abstract:To affect the actual project selection process of a corporate research lab, the project selection process needs to be simple and transparent enough to ensure effective communication among project leaders, research implementers and technology strategists. In this way, the project selection process simulates project creation. If net present value (NPV) is the project criterion, this requires simplified NPV formulas. In this paper, the author develops such formulas in the context of a major application.
SCIMA record nr: 202271
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