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Abstract
Research evaluation, undertaken throughout the life of the research activity, is an
important tool for research managers. When correctly implemented, research
evaluation can help to increase the success of existing and future research projects and
programs, thereby increasing the social, economic and/or environmental impact of the
research. The relationship between the life-cycle of the research project and the type
of evaluation determines the appropriate type of evaluation to be undertaken. Given
the value of research evaluation, and the recent development of user-friendly
evaluation procedures and models, management of a R&D portfolio can benefit from
increased evaluation effort at the project, program and organisational levels.