Vol. 11 No. 3 (2021): vol 11, Iss 3, Year 2021
Articles

Investment decision modeling for transboundary project portfolio selection

Kizito Paul Mubiru
Department of Industrial Engineering and Management , Kizito Paul Mubiru,Kyambogo University,Kyambogo Uganda.
Christopher Senfuka
Department of Industrial Engineering and Management, Kizito Paul Mubiru,Kyambogo University,Kyambogo Uganda.
Maureen Ssempijja
Department of Management , Malla Reddy Engineering College (Autonomous), Hyderabad.
Published September 30, 2021
Keywords
  • Investment; modeling; project; portfolio; transboundary
How to Cite
Mubiru, K. P., Senfuka, C., & Ssempijja, M. (2021). Investment decision modeling for transboundary project portfolio selection. Journal of Management and Science, 11(3), 70-75. https://doi.org/10.26524/jms.11.29

Abstract

Joint activities for global water partnerships in regional development programs are usually facilitated by implementing transboundary water projects. Most projects are however hampered by the absence of a clear economic base for making investment decisions. In this paper, we propose a zero-one integer programming model to determine the optimal decisions for selection of project portfolios on transboundary waters; where project selection is based on several time periods in the future.The objective is to determine whether to undertake a project or not; so that the net present value of investment returns is maximized to support needy communities. A numerical example is presented for illustration; demonstrating the optimal choice of investment projects under budget constraints. The zero-one integer programming model provides a feasible solution for choice of transboundary project investment decisions; given the competing nature of capital budgets prior project implementation. The proposed model can be efficient; where limited funds among competing projects serve as a basis for project selection criteria; a decision for facilitation enhancement towards water partnership for regional development.

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