Technology research & development decision based on Relative Advancement Degree of Difficulty in Large Project

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The paper investigates the Relative Advancement Degree of Difficulty (RAD2) problem to evaluate the feasibility and effectivity of the technology. Firstly, the study reviews concept of Technology Readiness Level (TRL), Earned Value Management (EVM). Then, an improved method was developed by integrating the impact on cost, schedule and technical performance to calculate the RAD2. With the result of RAD2 and acceptable RAD2 threshold, we can easily decide whether the technology is worth further investment. Finally, an illustrative example is given to verify the developed method.

Original languageEnglish
Title of host publication26th Chinese Control and Decision Conference, CCDC 2014
PublisherIEEE Computer Society
Pages2267-2271
Number of pages5
ISBN (Print)9781479937066
DOIs
StatePublished - 2014
Event26th Chinese Control and Decision Conference, CCDC 2014 - Changsha, China
Duration: 31 May 20142 Jun 2014

Publication series

Name26th Chinese Control and Decision Conference, CCDC 2014

Conference

Conference26th Chinese Control and Decision Conference, CCDC 2014
Country/TerritoryChina
CityChangsha
Period31/05/142/06/14

Keywords

  • Earned Value Management
  • Relative Advancement Degree of Difficulty
  • Technical Performance Measures

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