Title: Resource-allocation methodology for establishing RD and D budgetary priorities
Abstract:The R, D and D resource-allocation methodology is designed for use by the Assistant Secretary, Energy Technology, in establishing budgetary priorities. It defines a logical process for developing a po...The R, D and D resource-allocation methodology is designed for use by the Assistant Secretary, Energy Technology, in establishing budgetary priorities. It defines a logical process for developing a portfolio of programs consistent with policy goals of the Assistant Secretary, the complexities of the energy marketplace, and the departmental resource constraints. The methodology has two important components: a set of analytic procedures and a process for communicating information. Both of these aspects are necessary if the methodology is to be successfully implemented. Thus, it is the combination of these two aspects that provides the logical decision process that can cope with the complexities of choosing a portfolio of programs. The resource allocation methodology is built on two elements: the use of decision analysis to evaluate individual technologies and the use of decision system analysis to coordinate the individual evaluations. Combining these two elements we are able to capture the uncertainty, dynamics, and complexity of RD and D decision making and at the same time account for the portfolio effects that inevitably exist because of both interactions in the energy system and resource constraints. Chapter 1 describes the resource allocation methodology in detail. Although actual budget evaluations are not made, themore » decision making process is simulated as closely as possible. Chapter 2 discusses issues involved in implementing the methodology and closes with explicit recommendations for the first steps in implementation. Extensive appendices cover critical aspects of the individual programs evaluations. (MCW)« lessRead More
Publication Year: 1979
Publication Date: 1979-02-01
Language: en
Type: article
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