Technology Portfolio Planning and Management Practical Concepts and Tools

From the large overall scope of planning and management of technology, Technology Portfolio Planning and Management: Practical Concepts and Tools will focus specifically on the concepts and tools for the planning and management of an investment portfolio by a government or a business organization for either the development or the application of technologies. A portfolio is a coordinated combination of technologies that achieve a common objective for the decision-maker. Thus, the book will focus on those concepts and tools for selecting and modifying such a combination of technologies that will be either developed by a technology supply organization, such as a national laboratory or a corporate research center, or adopted by a technology application organization, such as a government administrative office or a corporation management department, to either advance public goals (such as space exploration or disease eradication) or enhance corporate strategies (such as improving productivity or increasing competitiveness).

In addition, many concepts and tools to be discussed in this book are well-established technical disciplines of their own: Analytic Hierarchy Process, Expected Utility Theory, Time Series Forecasting, Scenario Planning, Linear Programming, Dynamic Programming, Decision Tree Analysis, Real Options Theory, and Project Evaluation and Review Technique. The purpose of this book is to utilize the basic principles and practical applications aspects of these concepts and tools that are particularly relevant to technology portfolio planning and management.