Abstract
Following a group exercise to rank projects on a multi-attribute basis using the AHP in a particular area of pharmaceutical research, the work has been extended using MAUA to cover several different aspects
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a)
the setting of target completion dates for the four stages in research which are used as ‘milestones’ for monitoring progress
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b)
the regular review of weighted scores of attributes which are used to assess the need for management action e.g. reallocation of effort, project termination
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c)
with experience the generation of standard times for stages which will be used to make better forecasts of when compounds will be entering drug development
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d)
reduction of ambiguity by using structured attributes and detailed word models of the value-scales
This study describes the various stages of the model development and how the system is used to monitor and control research projects in the R & D environment of a large pharmaceutical company.
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Islei, G., Cox, B., Stratford, M. (1989). Ranking, Monitoring and Control of Research Projects in the Pharmaceutical Industry. In: Lockett, A.G., Islei, G. (eds) Improving Decision Making in Organisations. Lecture Notes in Economics and Mathematical Systems, vol 335. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-49298-3_18
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DOI: https://doi.org/10.1007/978-3-642-49298-3_18
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