Applying a Multi-Criteria Project Portfolio Tool in Selecting Energy Peat Production Areas
This study demonstrates the characteristics of the new generic project portfolio selection tool YODA ("Your Own Decision Aid"). YODA does not include a mathematical aggregation model. Instead, the decision maker's preferences are defined by the interactive articulation of acceptance t...
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ftunivhelsihelda:oai:helda.helsinki.fi:10138/314695 2024-01-07T09:45:29+01:00 Applying a Multi-Criteria Project Portfolio Tool in Selecting Energy Peat Production Areas Kurttila, Mikko Haara, Arto Juutinen, Artti Karhu, Jouni Ojanen, Paavo Pykäläinen, Jouni Saarimaa, Miia Tarvainen, Oili Sarkkola, Sakari Tolvanen, Anne Department of Forest Sciences Forest Ecology and Management 2020-05-06T09:01:01Z 16 application/pdf http://hdl.handle.net/10138/314695 eng eng MDPI 10.3390/su12051705 Kurttila , M , Haara , A , Juutinen , A , Karhu , J , Ojanen , P , Pykäläinen , J , Saarimaa , M , Tarvainen , O , Sarkkola , S & Tolvanen , A 2020 , ' Applying a Multi-Criteria Project Portfolio Tool in Selecting Energy Peat Production Areas ' , Sustainability , vol. 12 , no. 5 , 1705 . https://doi.org/10.3390/su12051705 ORCID: /0000-0003-4785-3521/work/73631031 37fc74f7-fac1-4a93-97bd-3d2c2ffed368 http://hdl.handle.net/10138/314695 000522470900006 cc_by openAccess info:eu-repo/semantics/openAccess ECOSYSTEM SERVICES ENVIRONMENT MANAGEMENT PUBLIC-PARTICIPATION RESOURCES multi-criteria decision support participatory approach peat production project portfolio selection robust portfolio modelling stakeholders 1172 Environmental sciences 1181 Ecology evolutionary biology Article publishedVersion 2020 ftunivhelsihelda 2023-12-14T00:07:59Z This study demonstrates the characteristics of the new generic project portfolio selection tool YODA ("Your Own Decision Aid"). YODA does not include a mathematical aggregation model. Instead, the decision maker's preferences are defined by the interactive articulation of acceptance thresholds of project-level decision criteria. Transparency and ease of adopting the method in participatory planning are sought using the method's simple preference input. The characteristics of the YODA tool are introduced by presenting how it has been applied in participatory land use planning in northern Finland in selecting a combination of peat production sites to attain the goals defined at municipal level. In this process, each stakeholder first constructed a project portfolio that best met his or her preferences. In doing this, acceptance thresholds for project-level decision criteria were defined. In total, eight decision criteria were related to economic value, biodiversity, social impacts, and ecosystem services. Subsequently, the portfolios of different stakeholders were combined in line with the principles of robust portfolio modelling. Core projects were accepted by all stakeholders, while exterior projects were not accepted, and borderline projects by some of the stakeholders. Although the land use planning situation at hand was highly sensitive, because it was related to various aspects of sustainability, the use of YODA provided useful results. The first meeting with stakeholders identified 52 out of 99 sites that none of the stakeholders would use for energy peat production, due to their characteristics, whereas, in the second meeting, a smaller stakeholder group found 18 core projects and 26 borderline projects which could be potential areas for energy peat production. We conclude that YODA-as a generic project portfolio tool-can be used in various planning situations. Peer reviewed Article in Journal/Newspaper Northern Finland HELDA – University of Helsinki Open Repository Sustainability 12 5 1705 |
institution |
Open Polar |
collection |
HELDA – University of Helsinki Open Repository |
op_collection_id |
ftunivhelsihelda |
language |
English |
topic |
ECOSYSTEM SERVICES ENVIRONMENT MANAGEMENT PUBLIC-PARTICIPATION RESOURCES multi-criteria decision support participatory approach peat production project portfolio selection robust portfolio modelling stakeholders 1172 Environmental sciences 1181 Ecology evolutionary biology |
spellingShingle |
ECOSYSTEM SERVICES ENVIRONMENT MANAGEMENT PUBLIC-PARTICIPATION RESOURCES multi-criteria decision support participatory approach peat production project portfolio selection robust portfolio modelling stakeholders 1172 Environmental sciences 1181 Ecology evolutionary biology Kurttila, Mikko Haara, Arto Juutinen, Artti Karhu, Jouni Ojanen, Paavo Pykäläinen, Jouni Saarimaa, Miia Tarvainen, Oili Sarkkola, Sakari Tolvanen, Anne Applying a Multi-Criteria Project Portfolio Tool in Selecting Energy Peat Production Areas |
topic_facet |
ECOSYSTEM SERVICES ENVIRONMENT MANAGEMENT PUBLIC-PARTICIPATION RESOURCES multi-criteria decision support participatory approach peat production project portfolio selection robust portfolio modelling stakeholders 1172 Environmental sciences 1181 Ecology evolutionary biology |
description |
This study demonstrates the characteristics of the new generic project portfolio selection tool YODA ("Your Own Decision Aid"). YODA does not include a mathematical aggregation model. Instead, the decision maker's preferences are defined by the interactive articulation of acceptance thresholds of project-level decision criteria. Transparency and ease of adopting the method in participatory planning are sought using the method's simple preference input. The characteristics of the YODA tool are introduced by presenting how it has been applied in participatory land use planning in northern Finland in selecting a combination of peat production sites to attain the goals defined at municipal level. In this process, each stakeholder first constructed a project portfolio that best met his or her preferences. In doing this, acceptance thresholds for project-level decision criteria were defined. In total, eight decision criteria were related to economic value, biodiversity, social impacts, and ecosystem services. Subsequently, the portfolios of different stakeholders were combined in line with the principles of robust portfolio modelling. Core projects were accepted by all stakeholders, while exterior projects were not accepted, and borderline projects by some of the stakeholders. Although the land use planning situation at hand was highly sensitive, because it was related to various aspects of sustainability, the use of YODA provided useful results. The first meeting with stakeholders identified 52 out of 99 sites that none of the stakeholders would use for energy peat production, due to their characteristics, whereas, in the second meeting, a smaller stakeholder group found 18 core projects and 26 borderline projects which could be potential areas for energy peat production. We conclude that YODA-as a generic project portfolio tool-can be used in various planning situations. Peer reviewed |
author2 |
Department of Forest Sciences Forest Ecology and Management |
format |
Article in Journal/Newspaper |
author |
Kurttila, Mikko Haara, Arto Juutinen, Artti Karhu, Jouni Ojanen, Paavo Pykäläinen, Jouni Saarimaa, Miia Tarvainen, Oili Sarkkola, Sakari Tolvanen, Anne |
author_facet |
Kurttila, Mikko Haara, Arto Juutinen, Artti Karhu, Jouni Ojanen, Paavo Pykäläinen, Jouni Saarimaa, Miia Tarvainen, Oili Sarkkola, Sakari Tolvanen, Anne |
author_sort |
Kurttila, Mikko |
title |
Applying a Multi-Criteria Project Portfolio Tool in Selecting Energy Peat Production Areas |
title_short |
Applying a Multi-Criteria Project Portfolio Tool in Selecting Energy Peat Production Areas |
title_full |
Applying a Multi-Criteria Project Portfolio Tool in Selecting Energy Peat Production Areas |
title_fullStr |
Applying a Multi-Criteria Project Portfolio Tool in Selecting Energy Peat Production Areas |
title_full_unstemmed |
Applying a Multi-Criteria Project Portfolio Tool in Selecting Energy Peat Production Areas |
title_sort |
applying a multi-criteria project portfolio tool in selecting energy peat production areas |
publisher |
MDPI |
publishDate |
2020 |
url |
http://hdl.handle.net/10138/314695 |
genre |
Northern Finland |
genre_facet |
Northern Finland |
op_relation |
10.3390/su12051705 Kurttila , M , Haara , A , Juutinen , A , Karhu , J , Ojanen , P , Pykäläinen , J , Saarimaa , M , Tarvainen , O , Sarkkola , S & Tolvanen , A 2020 , ' Applying a Multi-Criteria Project Portfolio Tool in Selecting Energy Peat Production Areas ' , Sustainability , vol. 12 , no. 5 , 1705 . https://doi.org/10.3390/su12051705 ORCID: /0000-0003-4785-3521/work/73631031 37fc74f7-fac1-4a93-97bd-3d2c2ffed368 http://hdl.handle.net/10138/314695 000522470900006 |
op_rights |
cc_by openAccess info:eu-repo/semantics/openAccess |
container_title |
Sustainability |
container_volume |
12 |
container_issue |
5 |
container_start_page |
1705 |
_version_ |
1787427026045501440 |