R&D Project Selection in a Multidimensional Environment: A Practical Approach

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Abstract
This paper investigates the R&D project selection problem within government departments. The Department of National Defence is taken as a case in point. The multidimensional character of the problem is detailed, and existing methods for priority allocation are briefly surveyed. Two basic models for selecting projects are described. One of these, the ordinal intersection method, was found to be the most appropriate for the actual problem settings investigated. An illustrative example is given, and concluding remarks are made.

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