This paper describes a potential procedure model for the evaluation of technology projects. Usually, experience figures from previous projects are hardly available for developing innovative products and services. That is why the net present value method and the value-based management approach, which are often applied in practice, cannot give a forecast of prospective netto cash flows and cannot estimate the expected yield of the technology project. By the help of this procedure model and the BAPM®-method from [Schabacker, 2001], which evaluates the benefit yield of the applied technologies, the benefit yield of a technology project can be evaluated now.
- Design Engineering Division and Computers and Information in Engineering Division
Evaluation of the Benefit Yield of Technology Projects
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Schabacker, M, & Vajna, S. "Evaluation of the Benefit Yield of Technology Projects." Proceedings of the ASME 2004 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference. Volume 3b: 2nd Symposium on International Issues in Engineering Design. Salt Lake City, Utah, USA. September 28–October 2, 2004. pp. 513-520. ASME. https://doi.org/10.1115/DETC2004-57313
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