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A tool to manage tasks of R&D projects

dc.contributor.authorFialho, Joana
dc.contributor.authorGodinho, Pedro
dc.contributor.authorCosta, João Paulo
dc.date.accessioned2015-01-21T10:24:57Z
dc.date.available2015-01-21T10:24:57Z
dc.date.issued2013
dc.description.abstractWe propose a tool for managing tasks of Research and Development (R&D) projects. We define an R&D project as a network of tasks and we assume that different amounts of resources may be allocated to a task, leading to different costs and different average execution times. The advancement of a task is stochastic, and the management may reallocate resources while the task is being performed,according to its progress. The operational cash flows depend on the task completion time, and their expected values follow a stochastic process. We consider that a strategy for completing a task is a set of rules that define the level of resources to be allocated to the task at each moment. We discuss the evaluation of strategies for completing a task, and we address the problem of finding the optimal strategypor
dc.identifier.urihttp://hdl.handle.net/10400.19/2572
dc.language.isoporpor
dc.peerreviewednopor
dc.subjectR&D task management and evaluationpor
dc.subjectReal optionspor
dc.subjectStochastic modelspor
dc.subjectSimulationpor
dc.subjectOptimal decisionspor
dc.titleA tool to manage tasks of R&D projectspor
dc.typeconference object
dspace.entity.typePublication
oaire.citation.conferencePlaceBragançapor
oaire.citation.endPage171por
oaire.citation.startPage162por
oaire.citation.titleActas do XVI Congresso da Associação Portuguesa de Investigação Operacionalpor
rcaap.rightsopenAccesspor
rcaap.typeconferenceObjectpor

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