A comparative analysis of R&D project evaluation methods

A large number of methodologies for Research and Development (RD)project evaluation have been reported in the literature over the last few decades.Almost all of this literature focused on the underlying theoretical foundation on which the evaluation methods are based.Very little attention has been paid to the effectiveness and suitability of the techniques,especially a comparison of the techniques.This paper presents a comparative study on a number of classes of RD evaluation methods based on the Analytic Hierarchy Process.This article research es into the various factors of RD evaluation methods that affect their suitability.A sensitivity analysis was also carried out to determine the critical factors.