Description and Critique of Quantitative Methods for the Allocation of Exploratory Development Resources
Abstract
The paper analyzes ten methods for planning the allocation of resources among projects within the exploratory development category of the Defense research, development, test and evaluation program. Each method is described in terms of a general framework of planning methods and of the factors that influence the allocation of development resources. A comparative analysis is made of the relative strengths and weaknesses of these methods. The more quantitative methods are considered complex and difficult to apply. The less quantitative methods, frameworks for recording and transmitting information, are seen as less likely to mislead program management than the more quantitative ones. Consequently, managers may find some one of these to be a convenient framework for organizing the information that they need in deciding the allocation of development resources.
Document Details
- Document Type
- Technical Report
- Publication Date
- May 01, 1972
- Accession Number
- AD0753817
Entities
People
- Charles L. Trozzo
Organizations
- Institute for Defense Analyses