Dias Jr, A and Ioannou, P G (1996) Company and project evaluation model for privately promoted infrastructure projects. Journal of Construction Engineering and Management, 122(1), pp. 71-82. ISSN 0733-9364
Abstract
The decline in government funds and the increased demand on public agencies for the construction of new (or the rehabilitation of existing) infrastructure projects has led to the growth of alternative forms of project development, such as BOT and BOO. The Desirability Model, presented in this paper, is a multiattribute evaluation model that provides a logical, reliable, and consistent procedure for assessing the capability of a private-sector company to become a promoter for a given project and the attractiveness of an infrastructure project to be actively promoted by a given company. The proposed model was developed with the assistance of 14 experts from around the world. It produces two indices (one for company competencies and one for project attractiveness) that depend on the actual performance levels of a total of 23 company and project attributes. The model has been validated by comparing these indices to the experts' holistic evaluations of 19 company and project profiles. Example applications of the model include the evaluation of the Eurotunnel and an illustration of how sensitivity analysis can identify strategies for project improvement.
| Item Type: | Article |
|---|---|
| Index terms: | sensitivity analysis, strategy, promoter, agency, project evaluation, project development, infrastructure project |
| Subjects: | sociology, environmental hazards, infrastructure and transport systems, management, project delivery, value management |
| Topics: | Business Strategy, Research Practice, Project Management, Engineering Principles, Stakeholder Management, Sustainability |
| Descriptive scope: | 3 PCT |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here