Optimizing the selection of a portfolio of transport infrastructure investment projects using the STEM method
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21260%2F23%3A00368426" target="_blank" >RIV/68407700:21260/23:00368426 - isvavai.cz</a>
Result on the web
<a href="https://dokumenty.vsb.cz/docs/files/cs/e1c37442-9c5c-460d-b296-cefb7ecce285" target="_blank" >https://dokumenty.vsb.cz/docs/files/cs/e1c37442-9c5c-460d-b296-cefb7ecce285</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Optimizing the selection of a portfolio of transport infrastructure investment projects using the STEM method
Original language description
The quality of the transport infrastructure has a significant influence on the development of the society, especially in the area of the economy growth. In our conditions, it is necessary to further develop and modernize the infrastructure. For this purpose investment projects are prepared by state management authorities. However, the financial value of all planned transport infrastructure investment projects is usually higher than the available budget, and it is therefore necessary to approach the selection of a portfolio of projects for implementation. The selected projects must meet not only the amount of the budget, but also the requirements arising from the transport policy and the rules of the investment funds represented by the required indicators. In the tasks of optimizing the portfolio of projects, in practice, it is often approached to repeat the selection of the portfolio with modification of the input conditions so that the distribution of the performance of the indicators more closely meets the expert requirements. This can be better solved using evaluation methods, the application of which is, however, lacking in the selection of the project portfolio. The aim of the article is to present a solution to the task of optimizing the selection of a portfolio of transport infrastructure investment projects using the STEM method. This interactive method based on the alternation of computing and decision-making phases enables the application of expert requirements during the calculation in order to find the optimal solution in cases where not all combinations of fulfilment of the monitored indicators are known in advance.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
10102 - Applied mathematics
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Proceedings of the 15 th International Conference on Strategic Management and its Support by Information Systems 2023
ISBN
978-80-248-4687-3
ISSN
2570-5776
e-ISSN
2570-5776
Number of pages
9
Pages from-to
176-184
Publisher name
VŠB – Technical University of Ostrava, Faculty of Economics
Place of publication
Ostrava
Event location
Ostrava
Event date
May 22, 2023
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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