An Application of Resource Allocation Methodology to Army R&D Project Management

摘要

This research was directed at developing an improved procedure for the allocation of financial resources among competing research and development projects under the constraints of decrement funding, and the requirement for providing minimum support in two functional areas. A new methodology was developed that transformed a prioritized project list of ordinal ranks from the currently used zero-base budgeting procedures to scaled utility values. This methodology used a binary integer computer program which maximizes the investment return of projects selected, and maintains the viability of functional laboraory areas. The report contains the complete computer code that was developed to demonstrate the procedure using FY '81 data related to the R&D Laboratories at the U. S. Army Missile Command. (Author)