, knowledge of modern information, and communication technology, stand out. In this study the following issues are presented …: analysis of decision-making processes of R&D projects, basic modeling methodology of R&D projects, and analysis of … communication systems in project management. The final part of the article presents the problems of commercialization of results …

This paper compares centralized and decentralized coordination when managers are privately informed and communicate … coordinated with each other. Information about local conditions is dispersed and held by self-interested division managers who … communicate via cheap talk. The only available formal mechanism is the allocation of decision rights. We show that a higher need …