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PRIORITIZING WATER MANAGEMENT PROJECTS IN SOUTHEAST ASIA: AN EXPERIMENTAL METHODOLOGY
Authors:Peter F M McLoughlin
Abstract:ABSTRACT: Southeast Asian nations with extensive water management systems have numerous candidate and ongoing programs and projects. They cannot possibly all be funded and implemented simultaneously in any serious way. Choices must be made. But how to select? What criteria can assist with the screening in an acceptable manner, particularly in the near absence of useful technical and economic information across them all. This paper suggests a methodology by which assessment criteria can be constructed which conforms to any given national information base and development needs. Criteria can be weighted one against the other in their relative importance. For each criterion a ranking scale puts the “best” (most, highest) at one end and the “worst” (least, lowest) at the other. Each candidate project is then subjected to these consistent assessment methods for a weighted “score.” Key criteria normally have surrogate measures depending on information available. Criteria are of three sorts: sheer volume, e.g., of a specific use, a benefit; ratios and relations, e.g., A as percent of B; and other more subjective criteria, e.g., regional or income distribution impacts. The basic criteria include, for example, time to full benefits (minimize), OM & R as percent of investment (minimize), and permanent rural jobs created (maximize).
Keywords:project ranking procedures  priority water investments  project assessment criteria  weighted analytical matrix  Southeast Asia water management  portfolio selection criteria
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