Publication Type
Book Chapter
Version
publishedVersion
Publication Date
10-2009
Abstract
Project portfolio management, the equivalent of financial portfolio management but focused on R&D projects rather than financial assets, often relies on decision analysis methods to value projects rather than traditional financial valuation methods such as net present value (NPV). In finance, the idea of managing portfolios of assets goes back a long time, with the first formal methods being developed in the 1950s. Simply put, assembling a portfolio of stocks, bonds, and other financial instruments balances the risk a manager is taking with any one of the investments. Over time, this same idea has also taken hold for managing a portfolio of R&D projects, where it is referred to as project portfolio management.
Discipline
Business Administration, Management, and Operations | Management Information Systems
Research Areas
Operations Management
Publication
QFinance
First Page
1604
Last Page
1610
ISBN
9781849300001
Publisher
Bloomsbury
City or Country
London
Embargo Period
8-31-2021
Citation
DE REYCK, Bert.
Using decision analysis to value R&D projects. (2009). QFinance. 1604-1610.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/6772
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Included in
Business Administration, Management, and Operations Commons, Management Information Systems Commons