Decision Support System to Evaluate and Compare Concession Options

With the increased popularity of concession projects over the last three decades, there is a need for a decision support system (DSS) capable of evaluating and comparing several concession project investment (CPI) options in an effective and efficient manner. Hence, a novel DSS has been developed that takes into consideration both financial and nonfinancial aspects of the investment option, as well as the uncertainties commonly encountered during the feasibility stage of a project. The DSS is fully implemented as a standalone computer software package, ECCO (evaluate and compare concession options), in order to be of practical use. This paper outlines and validates ECCO's design and structure through the demonstration of its capabilities in the evaluation and comparison of three real-life CPI case studies.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/8675438
• Authors:
  • McCowan, Alison K
  • Mohamed, Sherif
• Publication Date: 2007-2

Language

• English

Media Info

• Media Type: Print
• Features: Figures; References; Tables;
• Pagination: pp 114-123
• Serial:
  • Journal of Construction Engineering and Management
  • Volume: 133
  • Issue Number: 2
  • Publisher: American Society of Civil Engineers
  • ISSN: 0733-9364
  • EISSN: 1943-7862
  • Serial URL: http://ascelibrary.org/journal/jcemd4

Subject/Index Terms

• TRT Terms: Case studies; Concessions; Construction management; Decision support systems; Investments; Software packages
• Uncontrolled Terms: Financial management
• Subject Areas: Construction; Finance; Highways; I10: Economics and Administration; I50: Construction and Supervision of Construction;

Filing Info

• Accession Number: 01049467
• Record Type: Publication
• Files: TRIS
• Created Date: Apr 24 2007 10:20PM