The relevance of the research topic is due to the need for improvement and further development of scientific and methodological support for portfolio management processes in the context of the introduction of portfolio-oriented management in the field of local (territorial) self-government project management, including public participation (PP) projects.
The purpose of this research is to analyze toll road’s efficiency performance in Indonesia within 2018-2022 period.Using the Data Envelopment Analysis (DEA) method, the efficiency of operating costs and maintenance costs is assessed for 20 toll road sections in Indonesia. Additionally, the study employs the Tobit regression technique to examine the impact of Capital Structure (proxied by Debt-to-Equity Ratio) and technological sophistication (proxied by Gross Domestic Product - GDP) on the efficiency of Toll Road Companies. The analysis reveals that the efficiency level of Toll Companies remains relatively constant during 2018-2020 but experiences a significant decline in 2021-2022. DER is found to have a significant positive effect on Toll Road Companies’ efficiency, suggesting that BUJT management should carefully consider debt and equity costs when determining the capital structure composition. Conversely, the sophistication of corporate technology exhibits a significant negative effect on Toll Road Companies’ efficiency. This outcome arises from the high costs associated with the procurement and maintenance of advanced technology. Moreover, the implementation of new technology may temporarily reduce efficiency due to the time and resources required for employee training and adapting to new work processes and systems. This research aims to provide the management authorities for toll road’s performance assesment indicators by investigating toll road efficiency.
Aspects of system analysis of the process of railway transportation management are considered in the work. Each of them is analyzed in detail and the role of each in managing the transportation process is determined. It was determined that the implementation of complex automated management systems led to the definition of a typical multi-level structure of the application system, which provides a combination of various management goals, however, the use of certain tools does not affect any of the aspects of the analysis. System models of the decision-making process in transportation process management, each level of the analytical system of transportation process management, are presented. The functions and processes of each of these levels are analyzed in detail. With the help of system models developed in the work, the hierarchical principle of management of the transportation process is considered, which is based on detailing management actions and, at the same time, narrowing the number of basic management objects.
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