An MCDA approach for project selection in public sector
Date
2010
Authors
Bellos, E.
Voulgaridou, D.
Kirytopoulos, K.
Panopoulos, D.
Editors
Pantouvakis, J.P.
Advisors
Journal Title
Journal ISSN
Volume Title
Type:
Conference paper
Citation
Proceedings of the PM-05; 5th Scientific Conference on Project Management, CCI - NTUA, 2010 / Pantouvakis, J.P. (ed./s), pp.117-124
Statement of Responsibility
Conference Name
5th Scientific Conference on Project Management, CCI - NTUA (29 May 2010 - 31 May 2010 : Greece)
Abstract
Effective and efficient selection of projects is a crucial issue for every organization and should be aligned with its vision and strategies. The decision making process is highly complex, especially for public organisations, as it encompasses various, often conflicting criteria. Moreover they have to consider a much larger picture than private organisations and many scholars argue that public investment decisions fall into the category of constrained optimisation problems. The present study develops and proposes an approach for the prioritization of public projects, based on the Analytic Network Process (ANP), which is further validated through a real case example concerning the project selection process of a Greek municipality. The results indicate that social and political criteria dominate the decision making process, while the ANP documents the results in such way that they can be communicated to various stakeholders, ensuring public trust and establishing a system of transparency in public administration.
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Copyright 2010 by J.P. Pantouvakis, Centre for Construction Innovation, National Technical University of Athens