Characteristics and Implications of Forecasting Errors in the Selection of R & D Projects

Meadows, Dennis L; Marquis, Donald George

ISBN 10: 1024198359 / ISBN 13: 9781024198355

Published by Hutson Street Press, 2025

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Bibliographic Details

• Title: Characteristics and Implications of Forecasting Errors in the Selection of R & D Projects
• Publisher: Hutson Street Press
• Publication Date: 2025
• Language: English
• ISBN 10: 1024198359
• ISBN 13: 9781024198355
• Binding: Soft cover
• Condition: New

About this title

Synopsis

This study, "Characteristics and Implications of Forecasting Errors in the Selection of R & D Projects," explores the critical impact of inaccurate predictions on the success of research and development endeavors. Authored by Dennis L. Meadows and Donald George Marquis, the work examines the nature of forecasting errors and their effects on project selection within R&D contexts.

The analysis delves into the characteristics of these errors, offering insights into how they arise and propagate through the project lifecycle. By understanding the implications of these forecasting inaccuracies, decision-makers can improve their strategies for project evaluation and resource allocation. This research provides valuable perspectives for business economists, project managers, and anyone involved in the strategic planning of research and development initiatives.

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