Resource and Development management is the method used to monitor the
effort and money invested in various R&D projects. The essential
concepts used in this field here include the following:-
1. Oversight committees
2. Cost accounting
3. Project management
4. Product life cycle management
R&D management is generally found in various fields of scientific,
manufacturing, and product development. Companies belonging to these
industries should dedicate reserves to research and development as part
of a long-term management strategy. Read More
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