| Author | Sevilla, Jame S. |
| Call Number | AIT Thesis no. 1202 |
| Subject(s) | Operations research
|
| Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering of the Asian Institute of Technology, Bangkok, Thailand |
| Publisher | Asian Institute of Technology |
| Abstract | This thesis concerns the development of a procedural model for project ranking, selection and funds programming. The model can be used by government planners in formulating foreign borrowing programs for capital assistance and/or technical assistance from various multilateral and bilateral
funding institutions such as the IBRD, UNDP and USAID. The projects referred to are development projects for either the public of private sectors which require varying amounts of funding assistance in the form
of capital loans (or grants), or technical assistance for feasibility study preparation, consulting services , or other non-capital assistance. The approach used in the model begins by estimating the potential performance of a proposed project on a large number of specific indicators
which are related to specific development objectives and then ranks
projects according to their potential for achieving the various goals set out in the Philippines' Four-Year Pl an. These performance indicators are weighted to give an overall performance rating which in turn is used to select project s that would merit funding assistance. The goals or objectives as job creation more equitable income distribution and environmental protection. In effect, the model seeks to complement Cost-Benefit Analysis by including non-economic considerations in the overall decision process.
In order to attach weights to the different goals, a DELPHI procedure was modified and adapted for series of controlled opinion surveys to determine
the Philippine society' s relative valuation of the goals. Finally the model proposes a selection and funds allocation scheme
through two separate algorithms developed for the purpose. The first is zero-one integer linear programme in which the selection of the best projects is constrained by the aggregate funding budget: the resulting
feasible set is again constrained in the second algorithm by the preferences of individual funding agencies for certain categories of projects. Timing, or the schedule by which the funds become avail able , is considered in the cyclical (annual) funds programmes that are formulated by the two algorithms. The decision variables for the mathematical programming are zero-one variables indicating the inclusion or rejection of the project in a feasible solution. The solution represents the annual set or projects (a) whose total cost requirement satisfies the budget constraints , (b) are not mutually-exclusive in time and space, (c) are in line with funding preferences (d) and that optimize overall goals-achievement. |
| Year | 1976 |
| Type | Thesis |
| School | Student Research Before 1980 |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Thesis (Year <=1979) |
| Chairperson(s) | Goede, J.H. de |
| Examination Committee(s) | Angel, Shlomo ;Wong, Shue Tuck
|
| Scholarship Donor(s) | Government of Japan |
| Degree | Thesis (M. Eng.) - Asian Institute of Technology, 1976 |