The Analysis And Discrimination Of R&D Project Termination Decision

The paper starts with connotation of project termination,combining the study document of internal and international,analyses the important of project termination decision and the value foundation of termination decision. According to independence and principal-agent development,the paper analyses the function mechanism.Then the paper not only puts forward the principal,also develops dynamic index system according to the character of project phases and the risk traits,risk source,risk distributing in every phases .The index system also is based on the set of risk factors including the factors that study by others. After this,the paper analyses the advantages and application confine of every the discrimination method,then make good use of matter element analysis and assembled appraisal method in project termination decision. Real application shows that the model is very useful and effective.