Evaluation of R&D projects with integrated BSC and DEA

Subject Areas : Futurology

Reza Radfar ¹ , Fariba Salahi ²

1 - مسئول مکاتبات)
2 - ندارد

Received: 2012-05-31 Accepted : 2012-08-08 Published : 2012-12-21

Keywords: research and development, Data Envelopment Analysis, Balanced Scorecard, Balanced restrictions, Efficiency, Effectiveness,

Abstract :

In this article, a model has been provided in order to help to develop the selection andevaluation process of research and development projects in multi-projects organizations. Thisresearch is multi-criteria method for evaluation of R&D projects based on the integration of twodifferent management methodologies. Concepts of balanced scorecard (BSC) and dataenvelopment analysis (DEA) which each is a useful tool in measurements and analysis oforganization work, has been taken and combined in DEA-BSC model.This approach is based on data envelopment analysis, development of weight restriction,balanced scorecard and is following to secure three regular organization goals which areeffectiveness, efficiency, and balance (in use of inputs and outputs).In this article, two techniques of BSC in work index design part, and DAE technique inevaluation of decision making units part according to design indexes has been studies.At the end, DEA-BSC technique for evaluation of 25 projects in automobile part makingindustry has been used