The analytic network process (ANP) is presented as a potentially valuable method to support the selection of projects in a research and development (R&D) environment. This paper first discusses the requirements of the R&D project selection problem, which requires the allocation of resources to a set of competing and often disparate project proposals. Among the factors complicating this task is the need to make the decision within the framework of an enterprise's strategic objectives and organizational structure while considering and integrating financial and strategic benefits of each project. The paper discusses the use of the ANP, a general form of Saaty's analytic hierarchy process, as a model to evaluate the value of competing R&D project proposals. A generic ANP model developed by the authors, which includes in its decision levels the actors involved in the decision, the stages of research, categories of metrics, and individual metrics, is presented. The paper concludes with a case study describing the implementation of this model at a small high-tech company, including data based on the actual use of the decision making model.
The concept of sustainability has become increasingly important for organizations and has permeated a number of managerial and organizational decisions. Sustainability, as defined by its 'triple-bottom line' factors of economic, environmental, and social dimensions, is the underlying framework we use to develop and apply a strategic justification tool for project evaluation with sustainability implications. An activity-based management methodological framework is used as a vehicle to frame decisions using corporate sustainability. An illustrative application of this technique demonstrates how an organization could select between two competing reverse logistics providers. This process requires that we introduce issues relevant to three major sustainability factors (and their sub factors) and how they are influenced by a reverse logistics provider decision. The dual contribution of this paper includes investigating the design and development of the strategic sustainability evaluation framework and introducing the relationships of reverse logistics to economic, environmental and social sustainability dimensions.
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