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- Title
A LITERATURE REVIEW REGARDING THE APPLICATION OF MULTI-CRITERIA ANALYSIS IN TRANSPORT INFRASTRUCTURE PROJECTS.
- Authors
TUDORICA, Alexandra; BANACU, Cristian Silviu; COLESCA, Sofia Elena
- Abstract
The evaluation, selection or prioritization of transport infrastructure projects requires a complex decision-making approach. This complexity arises due to the competing nature of criteria - socio-economic, technical, political, environmental, resulting often into conflict analysis (Thomopoulos et al., 2009). The purpose of this article is to review the available literature in order to identify the specific multi-criteria decision-making techniques/methods, as well as the criteria employed in the context of transport infrastructure. Moreover, as we were interested to assess if these criteria evolved along the time to meet the transport infrastructure policy goals, in the nowadays context of green transition a special attention is given to the environmental criteria and its indicators. The timing of this review, providing an overview of the criteria used for the assessment of transport infrastructure projects, seems to be suitable as the new European Union's Multiannual Financial Framework (2021-2027) is pushing forward for the twin green and digital transitions, enforcing the climate dimension. An extensive list of environmental indicators is provided, as well.
- Subjects
INFRASTRUCTURE (Economics); EUROPEAN Union; GREEN infrastructure; LITERATURE reviews; ENVIRONMENTAL indicators; INFRASTRUCTURE policy
- Publication
Management Research & Practice, 2021, Vol 13, Issue 2, p36
- ISSN
2067-2462
- Publication type
Article