Application of Multicriteria Methods to Planning of Investment Projects in the Field of Civil Engineering

In this paper we present a new approach for the planning of an investment project in the field of building construction. The focus is in shaping of the concept that serves to facilitate decision making about investments through providing support to investors’ when they are dealing with a problem selection of a solution for investment project. The concept is based on the combined use of several different criteria, conventional methods for the evaluation of investment projects and multicriteria methods (PROMETHEE and AHP). Selected criteria encompassed economic, social-administrative, construction-functional and spatial aspects of selection problem. The determining criteria weights process is carried out in two steps. In the first step the AHP method is used to obtain the primary weights. The second step allows interactive involvement of investor in the process of solution selection (an investor-subjective approach to the problem). Presented approach is tested on the planning of investment project in Croatia.