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THE COMPLEX EVALUATION OF ECONOMIC DEVELOPMENT OF THE BALTIC STATES AND POLAND

100%

Ginevicius R. , Butkevičius A. , Podvezko V.

Ekonomický časopis (Journal of Economics)

2006

tom 54

nr 9

918-930

The economic development of the states may be described by the various criteria or indicators. The values of some criteria may be higher for some particular countries, while the values of others may be better for other states. Some of the criteria values are maximized, others are minimized. In this complicated and often conflicting situation it is hardly possible to determine which countries have a higher level of the economic development and are considered as the leaders and which are lagging behind. Even some integrated criteria used for evaluation, e. g. annual gross domestic product per capita cannot reflect all aspects of a state development. The application of the multiple criteria of the evaluation methods may give an unbiased view of the economic state of the particular countries. The data obtained in multi-criteria analysis of the economic development of the states show the effectiveness of this approach to the studying complex processes mainly because it can provide an unbiased view of the actual economic situation.

Contractor selection for renovation of cultural heritage buildings by PROMETHEE method

100%

Morkunaite Z. , Podvezko V. , Zavadskas E. K. , Bausys R.

Archives of Civil and Mechanical Engineering

2019

tom Vol. 19, no. 4

1056--1071

Cultural heritage buildings have architectural, historical and cultural values creating one of the most dominant features, which is related to the local identity. Its preservation requires consideration, liability, know-how, know-why and experienced employee. Cultural heritage buildings' performance is complicated work, therefore selecting a contractor for heritage buildings' protection and restoration is a difficult assignment. The improper contractor's choice could activate cost overruns, lag, conflicts, declines, imperfect performance or added expenditure for project administration and accomplishment. This paper submits the quan-titative and qualitative criteria setting for selecting heritage's contractor. The Analytic Hierarchy Process technique is applied to decide important criteria and to get the weighting for each criterion. The PROMETHEE (Preference Ranking Organisation Method for Enrich-ment Evaluation) technique is applied for the selection of the most efficient cultural heritage contractor's alternative.