A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
MIVES multi-criteria approach for the evaluation, prioritization, and selection of public investment projects. A case study in the city of Barcelona
A meaningful contribution to the evaluation of heterogeneous public investments is described in this article. The proposed methodology provides a step towards sustainable urban planning in which decisions are taken according to clear, consistent and transparent criteria assisted by the MIVES multi-criteria analysis framework. The MIVES methodology combines multi-criteria decision making (MCDM) and multi-attribute utility theory (MAUT), incorporating the value function (VF) concept and assigning weights through the analytic hierarchy process (AHP). First, a homogenization coefficient is calculated to develop the Prioritization Index for Heterogeneous Urban Investments (PIHUI), so that non-homogenous alternatives may be comparable. This coefficient measures the need of society to invest in each public project through the consideration of its contribution to the regional balance, the scope of its investment, the evaluation of the current situation and the values of the city. Then, the MIVES multi-criteria framework is used to evaluate the degree to which each investment would contribute to sustainable development. Different economic, environmental and social aspects were considered through a decision framework, constructed with the three aforementioned requirements, five criteria and eight indicators. The case study conducted for the Ecology, Urban Planning and Mobility Area of Barcelona municipal council is presented in this article, showing how this method performs accurate, consistent, and repeatable evaluations. ; Peer Reviewed ; Postprint (author's final draft)
MIVES multi-criteria approach for the evaluation, prioritization, and selection of public investment projects. A case study in the city of Barcelona
A meaningful contribution to the evaluation of heterogeneous public investments is described in this article. The proposed methodology provides a step towards sustainable urban planning in which decisions are taken according to clear, consistent and transparent criteria assisted by the MIVES multi-criteria analysis framework. The MIVES methodology combines multi-criteria decision making (MCDM) and multi-attribute utility theory (MAUT), incorporating the value function (VF) concept and assigning weights through the analytic hierarchy process (AHP). First, a homogenization coefficient is calculated to develop the Prioritization Index for Heterogeneous Urban Investments (PIHUI), so that non-homogenous alternatives may be comparable. This coefficient measures the need of society to invest in each public project through the consideration of its contribution to the regional balance, the scope of its investment, the evaluation of the current situation and the values of the city. Then, the MIVES multi-criteria framework is used to evaluate the degree to which each investment would contribute to sustainable development. Different economic, environmental and social aspects were considered through a decision framework, constructed with the three aforementioned requirements, five criteria and eight indicators. The case study conducted for the Ecology, Urban Planning and Mobility Area of Barcelona municipal council is presented in this article, showing how this method performs accurate, consistent, and repeatable evaluations. ; Peer Reviewed ; Postprint (author's final draft)
MIVES multi-criteria approach for the evaluation, prioritization, and selection of public investment projects. A case study in the city of Barcelona
Pujadas Álvarez, Pablo (author) / Pardo Bosch, Francesc (author) / Aguado Renter, Albert (author) / Aguado de Cea, Antonio (author) / Universitat Politècnica de Catalunya. Departament d'Enginyeria de Projectes i de la Construcció / Universitat Politècnica de Catalunya. Departament d'Enginyeria Civil i Ambiental / Universitat Politècnica de Catalunya. EC - Enginyeria de la Construcció
2017-05-01
Article (Journal)
Electronic Resource
English
Urban planning–urban management–public investment , City planning--Economic aspects--Spain , Decision-making , Urbanisme -- Aspectes economics -- Catalunya -- Barcelona (Àrea metropolitana) , Àrees temàtiques de la UPC::Urbanisme::Planejament urbà , Multi-criteria , MIVES , Àrees temàtiques de la UPC::Enginyeria civil::Aspectes econòmics
DDC:
710
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Evaluation, prioritization and selection of transportation investment projects in New York City
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