IDEAS home Printed from https://ideas.repec.org/a/ntu/ntugeo/vol5-iss1-17-224.html
   My bibliography  Save this article

The Architecture of a Decision Support Software System for Sustainable Projects Selection

Author

Listed:
  • FELICIA ALINA DINU

    (Department of Economic Sciences „Nicolae Titulescu” University, Bucharest)

Abstract

Considering the contemporary economic environment, integrating sustainability in project management doesn’t rely only on carrying out socially responsible investments, but to the integration of principles specific to sustainable development thorough projects’ life cycle, and especially in the decision making process carried out with the aim of selecting the optimal variant. In today's economy the decision for investment must be taken following given criteria that will reflect project’s sustainability, and to have a portfolio of sustainable projects it is necessary to carry out a selection under uncertainty and multi-criteria conditions.Recognizing the importance for integrating sustainability during the evaluation process and for selecting the investment projects, and the rising interest for understanding and integrating this approach within organizations, highlights the utility of a software application based on which management could handle the decision making processes in the most efficient way.

Suggested Citation

  • Felicia Alina Dinu, 2017. "The Architecture of a Decision Support Software System for Sustainable Projects Selection," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 5(1), June.
  • Handle: RePEc:ntu:ntugeo:vol5-iss1-17-224
    as

    Download full text from publisher

    File URL: http://www.globeco.ro/wp-content/uploads/vol/split/vol_5_no_1/geo_2017_vol5_no1_art_027.pdf
    File Function: First version, 2017
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Carin Labuschagne & Alan C. Brent & Schalk J. Claasen, 2005. "Environmental and social impact considerations for sustainable project life cycle management in the process industry," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 12(1), pages 38-54, March.
    2. Eilat, Harel & Golany, Boaz & Shtub, Avraham, 2008. "R&D project evaluation: An integrated DEA and balanced scorecard approach," Omega, Elsevier, vol. 36(5), pages 895-912, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Dorota Kuchta, 2023. "Project implementation scenario selection for sustainable project and product lifecycle management. Application of network data envelopment analysis," Operations Research and Decisions, Wroclaw University of Science and Technology, Faculty of Management, vol. 33(4), pages 133-154.
    2. Kevin Friedrich, 2023. "A systematic literature review concerning the different interpretations of the role of sustainability in project management," Management Review Quarterly, Springer, vol. 73(1), pages 31-60, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Li, Yan-Lai & Tang, Jia-Fu & Chin, Kwai-Sang & Jiang, Yu-Shi & Han, Yi & Pu, Yun, 2011. "Estimating the final priority ratings of engineering characteristics in mature-period product improvement by MDBA and AHP," International Journal of Production Economics, Elsevier, vol. 131(2), pages 575-586, June.
    2. Salimi, Negin & Rezaei, Jafar, 2018. "Evaluating firms’ R&D performance using best worst method," Evaluation and Program Planning, Elsevier, vol. 66(C), pages 147-155.
    3. Vincenzo Basile & Francesca Loia & Nunzia Capobianco & Roberto Vona, 2023. "An ecosystems perspective on the reconversion of offshore platforms: Towards a multi‐level governance," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(4), pages 1615-1631, July.
    4. Rafael Lizarralde & Jaione Ganzarain & Mikel Zubizarreta, 2020. "Assessment and Selection of Technologies for the Sustainable Development of an R&D Center," Sustainability, MDPI, vol. 12(23), pages 1-23, December.
    5. Partovi, Fariborz Y., 2011. "Corporate philanthropic selection using data envelopment analysis," Omega, Elsevier, vol. 39(5), pages 522-527, October.
    6. Chia-Hua Cheng & James J. H. Liou & Chui-Yu Chiu, 2017. "A Consistent Fuzzy Preference Relations Based ANP Model for R&D Project Selection," Sustainability, MDPI, vol. 9(8), pages 1-17, August.
    7. Chun, Dongphil & Hong, Sungjun & Chung, Yanghon & Woo, Chungwon & Seo, Hangyeol, 2016. "Influencing factors on hydrogen energy R&D projects: An ex-post performance evaluation," Renewable and Sustainable Energy Reviews, Elsevier, vol. 53(C), pages 1252-1258.
    8. Zervopoulos, Panagiotis D. & Brisimi, Theodora S. & Emrouznejad, Ali & Cheng, Gang, 2016. "Performance measurement with multiple interrelated variables and threshold target levels: Evidence from retail firms in the US," European Journal of Operational Research, Elsevier, vol. 250(1), pages 262-272.
    9. Joseph Sarkis & Marilyn Michelle Helms & Aref A. Hervani, 2010. "Reverse logistics and social sustainability," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 17(6), pages 337-354, November.
    10. Wang, Jue & Xu, Wei & Ma, Jian & Wang, Shouyang, 2013. "A vague set based decision support approach for evaluating research funding programs," European Journal of Operational Research, Elsevier, vol. 230(3), pages 656-665.
    11. Dorota Kuchta, 2023. "Project implementation scenario selection for sustainable project and product lifecycle management. Application of network data envelopment analysis," Operations Research and Decisions, Wroclaw University of Science and Technology, Faculty of Management, vol. 33(4), pages 133-154.
    12. Meera Al-Marri & Ashly H. Pinnington, 2022. "Managing Sustainability Projects for Social Impact from a Corporate Social Responsibility Perspective," Sustainability, MDPI, vol. 14(11), pages 1-16, May.
    13. Sara Fanati Rashidi, 2020. "Studying productivity using a synergy between the balanced scorecard and analytic network process," OPSEARCH, Springer;Operational Research Society of India, vol. 57(4), pages 1404-1421, December.
    14. Dalton Garcia Borges de Souza & Erivelton Antonio dos Santos & Nei Yoshihiro Soma & Carlos Eduardo Sanches da Silva, 2021. "MCDM-Based R&D Project Selection: A Systematic Literature Review," Sustainability, MDPI, vol. 13(21), pages 1-34, October.
    15. Kübra Gürbüz & Erkan Erdil, 2021. "Prioritization and R&D Support Mechanisms: Turkish Case," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(2), pages 962-991, June.
    16. Amar Oukil & Srikrishna Madhumohan Govindaluri, 2020. "A hybrid multi‐attribute decision‐making procedure for ranking project proposals: A historical data perspective," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 41(3), pages 461-472, April.
    17. Vanhoucke, Mario, 2010. "Using activity sensitivity and network topology information to monitor project time performance," Omega, Elsevier, vol. 38(5), pages 359-370, October.
    18. Oral, Muhittin, 2010. "E-DEA: Enhanced data envelopment analysis," European Journal of Operational Research, Elsevier, vol. 207(2), pages 916-926, December.
    19. Vincenzo Basile & Nunzia Capobianco & Roberto Vona, 2021. "The usefulness of sustainable business models: Analysis from oil and gas industry," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(6), pages 1801-1821, November.
    20. Xuefeng Zhang, 2019. "User selection for collaboration in product development based on QFD and DEA approach," Journal of Intelligent Manufacturing, Springer, vol. 30(5), pages 2231-2243, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ntu:ntugeo:vol5-iss1-17-224. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stefan Ciucu The email address of this maintainer does not seem to be valid anymore. Please ask Stefan Ciucu to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/feuntro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.