APPLICATION OF THE ANALYTIC HIERARCHY PROCESS (AHP) TO EVALUATION OF VARIANTS OF A PLANNED ROAD INVESTMENT PROJECT
Elzbieta Szafranko
Pages: 152-164
Published: 1 Jan 2013
Views: 319
Downloads: 25
Abstract: For successful development, economic exchange and broadly understood international cooperation, it is essential to possess a coherent transportation network. There are many regions endowed with outstanding, legally protected wildlife areas, but the economy, which grows continuously, requires construction of new roads and upgrading of the existing routes. One of the priorities is therefore to maintain the intact condition of natural environments over large areas covered by protection schemes. This paper discusses problems arising when making decisions about new investments and the barriers encountered while performing road investment projects. It has been suggested to support the decision- making process with the AHP method. This is a method which enables the user to consider various, frequently immeasurable and hardly comparable criteria in order to determine their importance. The method can be helpful when selecting a variant that will best satisfy the investor’s expectations.
Keywords: road investment projects, selection criteria, selection of an investment project variant
Cite this article: Elzbieta Szafranko. APPLICATION OF THE ANALYTIC HIERARCHY PROCESS (AHP) TO EVALUATION OF VARIANTS OF A PLANNED ROAD INVESTMENT PROJECT. Journal of International Scientific Publications: Materials, Methods & Technologies 7, 152-164 (2013). https://www.scientific-publications.net/en/article/1003045/
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