Associated with individual projects are Competitive Assessment Tools and Viewpoints used for evaluating the health of a platform or portfolio of projects. The book “Third Generation R&D” contains a variety of visual tools for selecting and improving an R&D Portfolio
The Industrial Research Institute’s Research on Research Sub-committee’s improved on the R&D Portfolio selection process. Their results and other best practices can be found in Chapter 7, Technology Strategic Planning, of this Compendium.
Competitive Assessment Tools and Viewpoints also support the Portfolio selection process by providing Tools and Viewpoints that show the company’s overall capabilities and direction, and patent portfolio strengths and weaknesses. These are shown as Tools #51 through Tool #55.