An Adaptive Selection of Urban Construction Projects: A Multi-Stage Model with Iterative Supercriterion Reduction

A high level of urbanization, the growing role of cities, and the increasing urban population have led to a rise in the relevance of the problem of selecting investment projects in urban construction. Along with the usual factors considered in such a selection, regional peculiarities of conducting economic activity in the field of urban construction are gaining particular importance. The necessity of taking them into account requires an improvement in decision-making methods. This study develops a multi-stage adaptive method for multi-criteria project selection in urban construction. The method integrates regulatory requirements, the customer’s vision, and retrospective data on previously implemented projects in the region. It comprises the following sequential stages: the elimination of projects that do not meet the requirements; the construction of integral criteria (weighting functions) using logarithmic transformation; and an iterative reduction in the set of criteria. An experimental verification of the developed method demonstrated its application and revealed its potential for practical use. The proposed method can be effectively employed in urban planning systems and the smart management of urban spaces.