Effectiveness evaluation of the R&D projects in organizations financed by the budget expenses

Abstract

Abstract. The issues of R&D project performance and their prospects are closely concerned with knowledge management. In the initial stages of the project development, it is the quality of the project evaluation that is crucial for the result and generation of future knowledge. Currently there does not exist any common methodology for the evaluation of new R&D financed by the budget. Suffice it to say, the assessment of scientific and technical projects (ST projects) varies greatly depending on the type of customer -government or business structures. An extensive methodological groundwork was formed with respect to orders placed by business structures. It included "an internal administrative order" by the company management for the results of STA intended for its own ST divisions. Regretfully this is not the case with state orders in the field of STA although the issue requires state regulation and official methodological support. The article is devoted to methodological assessment of scientific and technical effectiveness of studies performed at the expense of budget funds, and suggests a new concept based on the definition of the cost-effectiveness index. Thus, the study reveals it necessary to extend the previous approach to projects of different levels -micro-, meso-, macro projects. The preliminary results of the research show that there must be a common methodological approach to underpin the financing of projects under government contracts within the framework of budget financing and stock financing. This should be developed as general guidelines as well as recommendations that reflect specific sectors of the public sector, various project levels and forms of financing, as well as different stages of project life cycle.

The Assessment of Effectiveness of R&D within the Framework of Federal Target Programs

“…In the work of Russian scientists, the emphasis is placed on the importance of ensuring the quality of assessment of R&D projects at the initial stages of development in order to obtain a result [52,53]. The proposed concept is based on the definition of the index of economic efficiency of R&D and, in the opinion of the authors, is applicable to the evaluation of projects of different levels (micro-, meso-, macro-projects).…”