Transportation investment project selection with fuzzy multiobjectives

1993 ◽  
Vol 17 (2) ◽  
pp. 91-112 ◽  
Author(s):  
Gwo‐Hshiung Tzeng ◽  
Junn‐Yuan Teng
2015 ◽  
Vol 1 ◽  
pp. 65-74
Author(s):  
Natalja Yashko

The goal of the paper is to present the project concept of Ukrainian social investment fund. The reasons for the establishment of the fund are laid down in the first part of the paper. The project concept is described in the second part. The goals, components, targeted beneficiaries, micro-projects eligible for the funding, project targeting, micro-project selection criteria are presented. The implementation of the project is presented in the third part. There are two phases: pilot project and main investment project. The main objective of the pilot project will be preparation of the main USIF project by elaborating mechanisms and building capacity. The monitoring system of the project is presented in the fifth part. The expected outputs/benefits are discussed in the last part.


2018 ◽  
Vol 15 (4) ◽  
pp. 61-68 ◽  
Author(s):  
Tetiana Ivanenko ◽  
Viktor Hrushko ◽  
Anatolii Frantsuz

Investments are among the most important factors of national economic growth. Selection of optimal investment project is the first priority for any enterprise with limited financial resources. This study is dedicated to a choice among mutually exclusive projects, which are impossible to complete partially, so, one project must be chosen and all others must be rejected. An investor must find among all possible projects the one that allows to better achieve all investor’s aims. A mathematical model of multi-purpose multi-criteria investor decision making is proposed for investment project selection problem. Efficiency and riskiness of studied projects are evaluated using such indicators as profit, rate of return, payback period, marginal cost of capital, also taking into account subjective characteristics, namely the investor’s attitude towards financial risks, importance assessment of decision making criteria, etc. Decision making assessment methods for the situations of risk and uncertainty are applied to resolve the problem of optimal project selection, such as Wald’s pessimistic criterion, maximax optimistic criterion, as well as Hurwicz’s, Laplace’s, Bayes- Laplace, Hodges-Lehmann criteria, and Savage’s minimax risk criterion. Calculations carried out and results obtained indicate that the best investment project chosen that way will provide the highest absolute profit, despite certain disadvantages such as lower rate of return, longer payback period and higher risk than other projects.


2012 ◽  
Vol 7 (2) ◽  
pp. 257-269 ◽  
Author(s):  
Gabrijela Popović ◽  
Dragiša Stanujkić ◽  
Sanja Stojanović

2019 ◽  
Vol 19 (3) ◽  
pp. 22-40
Author(s):  
Natalya A. Nechaeva

In the world theory and practice, investment and project analysis is based on cost-benefit analysis, aimed at assessing commercial and economic efficiency of investment projects. The existing methodologies, guidelines and regulations used by state authorities in different countries to select investment projects for the provision of state support measures include the main aspects and criteria of cost-benefit analysis, but at the same time, contain a number of significant drawbacks. The author has developed a new selection methodology for investment projects to provide state support measures, taking into account imperfections of the existing methodological approaches as well as criteria of the applicable regulations, which is recommended for practices in the territory of the Russian Federation. The article provides the examples on how to adapt it and a comparative analysis of the results of the investment project selection.


2020 ◽  
Vol 26 (3) ◽  
pp. 508-526
Author(s):  
O.T. Astanakulov ◽  
E.G. Sheina

Subject. This article explores the economic relations of economic entities concerning effective investment activities, combining elements of investment control and assessment of related risk. Objectives. The article aims to analyze and logically substantiate the stages and types of investment activities of enterprises and investment projects in-progress, as well as define a methodological approach to assessing project risks. Methods. For the study, we used a structural and logical analysis, and deductive reasoning. The methodological base of the study is based on the principles of the theory of finance, investment and risk management. Results. The article defines stages of assessing the financial condition of enterprises and proposes a methodological approach to assessing certain risks of an investment project based on the risk ranking by degree of probability and significance of an event through applying the expert assessment method. The article also presents a practice-oriented risk map for investment projects and clarifies the concept of Investment Control. Conclusions. The results of the study can help address the significant for the Russian economy issue of stimulating and developing investment activities at enterprises, as well as implementing and evaluating the effectiveness of investment projects at the micro-and macro-levels of the country's economy.


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