Methodology for prioritization of sustainable rural development projects

Abstract

Purpose: tools and mechanisms for substantiating management decisions to determine the best projects for the development of spatial systems. Particular attention is paid to studying the possibilities of using multi-criteria decision-making methods in the system of managing rural development projects. Discussion: development of scientifically based methodological tools for mathematical support of decision-making to determine the priority of implementation of sustainable rural development projects. Research design: the main results were obtained using both general scientific research methods (monographic, analysis, synthesis, measurement, formalization, etc.) and specific scientific ones (mathematical modeling, standardization). The information base of the study was formed on the basis of publications devoted to solving management problems using multi-criteria decision-making methods, as well as guiding and regulatory documents of international organizations. Results: а methodology for prioritization of sustainable rural development projects, based on a modification of the TOPSIS (Technique for Order of Preference by Similarity to Ideal Solution) method and adapted to the specifics of project management of territorial development has been developed. The sequence of stages and corresponding calculation operations is substantiated, mathematical tools for their implementation are presented, recommendations for the effective use of the expert assessment method to take into account the significance of project criteria are formulated, a mechanism for ensuring comparability of assessment data for positive and negative criteria is considered. The methodology can be used for a comparative assessment of sustainable rural development projects and determining the priority of their investment.