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Airport Investment Prioritization Scheme


Prioritization, as used by planners and managers, is a systematic process of allocating the resources that are usually scarce, to achieve an optimum result. However, there are certain conditions to be met in order for it to be an effective tool in decision-making process. This study has identified various parameters and factors that could be used in determining the priority rating of an airport. Selection of parameters is determined from the responses of a perception survey distributed to the different individuals who are involved directly and indirectly in the decision-making process of airport development. A procedure, based on a scoring model approach, is developed utilizing the identified decision variables that could measure the degree of need, urgency and desirability of an airport and project, taking into consideration the multiplicity of transport investment goals. Airport priority rating is evaluated using projected traffic demand, needs, volume of economic activities, local and national government plans, accessibility, financial, economic and environmental considerations of the area. It is found that decision makers from different groups of agencies, both government and private, having different and conflicting interest, could still decide harmoniously.

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