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JSIR Vol.63 [2004] >
JSIR Vol.63(11) [November 2004] >
| Title: | AHP-based formal system for R&D project evaluation |
| Authors: | Kumar, S Suresh |
| Keywords: | R&D project evaluation
Priority setting
Judgemental models
Analytic hierarchic process
Peer rating |
| Issue Date: | Nov-2004 |
| Publisher: | CSIR |
| Abstract: | The paper dwells on a judgement model for R&D project evaluation using multifactor criteria based on hierarchic considerations. The idea is to employ formal tools in quantification of subjective evaluations where expert judgement is involved. Comparative evaluations on a priority scale are converted to quantities using the eigen vector concept. This is also the essence of the Analytic Hierarchic Process (AHP) of Satty [Satty T L, The analytic hierarchic process (Mc Graw Hill, New York) 1980] which as a technique is employed for R&D project evaluation. It is argued that AHP is more effective than scoring charts and utility models in priority setting based on judgemental evaluation through peer rating. |
| Page(s): | 888-896 |
| ISSN: | 0975-1084 (Online); 0022-4456 (Print) |
| Source: | JSIR Vol.63(11) [November 2004]
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