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Benefits of Peer Review
Pages 11-12

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From page 11...
... When the results of peer reviews are used as important input into funding decisions early in the technology-development process, they also can dramatically increase the productive efficiency of a program. Projects that lack technical merit or have a low likelihood of success can be discontinued early in the research and development cycle (before large investments of funds are made)
From page 12...
... The realization of these benefits requires that the process of peer review be effective and credible and that peer review results are used as an important input in making decisions regarding future- support for the reviewed project (Chubin and Hackett, 19901. The following section of this report includes an initial assessment of OST's new peer review program and offers some general recommendations on how OST could improve both the effectiveness of its program and the usefulness of peer review products (i.e., reports)

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