An Organizational Decision Support Approach to R&D Project Selection

R&D project selection is an important task for organizations with research and development project management. It is a complicated multi-stage decision-making process which involves groups of decision makers. Current research on R&D project selection mainly focused on mathematical decision models and their applications, but ignored the organizational aspect of the decision-making process. To extend the current research, this paper proposes an organizational decision support framework for R&D project selection. Based on which, an organizational DSS has been developed and used for selection of projects in the National Natural Science Foundation of China. The proposed framework aims at modeling the process of R&D project selection at organizational level. Also, it supports the whole life cycle of the decision-making process.