Smart ways to judge research spending and turn ideas into real-world benefits.
This practical guide applies economic evaluation methods to building technology, helping managers decide which projects to fund and how to measure their impact.
This book explains how to use benefit-cost analysis, internal rate of return, and payback calculations to assess past, present, and future research investments. It also presents two case studies—one on a heavier asphalt shingle for roofing and another on reduced-size venting in plumbing—to show how data and methods work in real building technology projects. The text highlights data needs, interpretation, and how to improve resource allocation for R&D.
- Learn three key evaluation methods and how they compare for funding decisions
- See how social and organizational payoffs are measured in concrete building tech cases
- Understand data needs for applying these techniques to new technologies
- Explore practical steps to prioritize projects and justify budgets
Ideal for readers of policy and program design, research managers, and engineers looking to optimize the impact of funding in building technology.