Public Project Programming System (3PS): a decision support system for public sector investment

Abstract

Public investment programming is a complex exercise and involves a number of factors. These include social, economical, environmental, technological and political factors. In addition, each of the factors depends on many subfactors. For example, the economic factor depends on project impact on local and national economy, number of beneficiaries, and opportunity cost of work lost. The Public Projects Programming System (3PS) is mainly a decision support system aimed at helping senior decision makers in the public sector to program the implementation of public investment projects. A multiple criteria decision making (MCDM) approach was used based on the weighted average multi‐criteria analysis (WAMA) model. The structure (database, model base, and user interface) of the 3PS is presented. A case study, in the northern suburbs of Beirut, shows the implementation of the system in a real post conflict reconstruction environment in Lebanon.

An Investment Decision Model for Underground Urban Utility Tunnel Based on MIVES and Real Option Theory from a Sustainable Perspective

“…Public infrastructure investment decisions, including those related to UUUTs, need to be evaluated and analyzed from social, economic, and environmental perspectives due to the positive externalities associated with them. Mezher et al [11] proposed a decisionmaking approach using a weighted average multi-criteria analytical model and designed a decision support system to assist senior decision-makers in the public sector with planning the implementation of public investment projects. Girgis et al [19] propose a decision model for public projects based on a risk and multi-criteria decision-making approach for developing countries.…”

“…(3) Employment Creation (EC) Jobs are created at all stages of the project, but the stability of jobs created at different stages varies, with job stability at the construction stage being lower than at the operation stage. In addition, the number of jobs created directly by the UUUT is less than the number of jobs created indirectly, therefore, we calculate the project's employment creation capacity according to a ratio of 1:1:3 (Employment Creation capacity at the project construction stage [44]: Direct employment creation capacity at the utilization stage: Indirect employment creation capacity at the utilization stage), and the calculation metric is shown in (11), the values of CSE, UDE and UIE are shown in Table 3.…”

“…The purpose of this paper is to quantitatively consider the social, economic, environmental and technical impacts of UUUT and to provide a systematic analytical framework for the government to analyze the constructability of UUUT from a sustainability perspective at the pre-planning stage. MIVES, an integrated sustainability evaluation model, is a multi-objective decision making method that includes a value function and provides a quantitative methodological framework that considers multiple variables simultaneously, which has been applied in different domains [11]. In addition, traditional economic value calculation methods, such as the net present value (NPV) method, do not take into account the uncertainty of the project and the elastic value of management [12].…”