Access the full text.
Sign up today, get DeepDyve free for 14 days.
Loading next page...
/lp/emerald-publishing/a-decision-making-model-for-infrastructure-projects-selection-in-XV2DGGcNoE
References (17)
-
K. Balcombe, Laurence Smith (1999)
Refining the use of Monte Carlo techniques for risk analysis in project planningJournal of Development Studies, 36
-
Enrique Castelán (2002)
Role of Large Dams in the Socio-economic Development of MexicoInternational Journal of Water Resources Development, 18
-
R. Pike, Bill Neale (1993)
Corporate Finance and Investment: Decisions and Strategies -
R. Broek, L. Lemmens (1997)
Rural electrification in Tanzania : constructive use of project appraisalEnergy Policy, 25
-
D. Remer, Armando Nieto (1995)
A Compendium and Comparison of 25 Project Evaluation Techniques. Part 1: Net Present Value and Rate of Return MethodsInternational Journal of Production Economics, 42
-
Charles Holloway (1979)
Decision Making Under Uncertainty: Models and Choices -
L. Schrenk (1969)
Aiding the decision maker--a decision process model.Ergonomics, 12 4
-
H. Carter (1984)
Risk Analysis and Its ApplicationsJournal of the Operational Research Society, 35
-
L. Smith (1995)
Discount rates and risk assessment in mineral project evaluationsCim Bulletin, 88
-
H. Levy, Marshall Sarnat (1978)
Capital investment and financial decisions -
F. Ackerman, L. Heinzerling (2002)
Pricing the Priceless: Cost-Benefit Analysis of Environmental ProtectionUniversity of Pennsylvania Law Review, 150
-
Henry Kerali (2003)
Economic appraisal of road projects in countries with developing and transition economiesTransport Reviews, 23
-
T. Au, T. Au (1991)
Engineering Economics for Capital Investment Analysis -
J. Chicken (1994)
Managing Risks and Decisions in Major Projects -
D. Hertz, H. Thomas (1983)
Risk analysis and its applications -
D. Jennings, S. Wattam (1994)
Decision Making: An Integrated Approach -
10.1007/978-1-349-17196-5
- Publisher
- Emerald Publishing
- Copyright
- Copyright © 2005 Emerald Group Publishing Limited. All rights reserved.
- ISSN
- 1366-4387
- DOI
- 10.1108/13664380580001071
- Publisher site
- See Article on Publisher Site
Abstract
This paper deals with the process followed to select investment projects within the construction industry with emphasis on the characteristics of infrastructure projects in developing countries. It presents an overview of the current practices in the main areas concerned with the process, namely project evaluation and decision‐making. The research carried out shows a process with a narrow scope and a lack of integration between the different techniques. The methodology described in this paper is developed to overcome such diffi culties and reduce some of the uncertainty that surrounds the selection of engineering projects. The proposed methodology has been tested and validated and results of the testing have been discussed and conclusions are drawn.
Journal
Journal of Financial Management of Property and Construction – Emerald Publishing
Published: Dec 1, 2005
Keywords: Investment; Decision making; Construction; Project appraisal; Developing countries