Some Statistical Issues in Project Prioritization in the Pharmaceutical Industry (original) (raw)

Some Statistical Issues in Project Prioritization in the Pharmaceutical Industry

Statistics in Medicine, 1996

Abstract

Various aspects of portfolio management and project prioritization within the pharmaceutical industry are examined. It is shown that the cost and probability architecture of a project is a crucial aspect of its value. An appropriate simple tool for ranking projects is the Pearson index. Various difficulties are considered.

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