Decision Intelligence Framework for Sustainable Infrastructure and Industrial Asset Portfolio Prioritization Under Competing Constraints
Monasur Rahman Md (),
Md Jahedul Islam Arif (),
Mohammad Mostafijur Rahman () and
Safaul Islam Rohan ()
International Journal of Innovative Science and Research Technology (IJISRT), 2026, vol. 11, issue 09, 854-867
Abstract:
Industrial and infrastructure asset portfolios require investment decisions under limited budgets, operational risks, resource constraints, and competing sustainability priorities. This study proposes a decision intelligence framework for portfolio level asset intervention prioritization. The framework integrates Fuzzy Delphi based criterion validation, Pareto screening, Group AHP weighting, Utility Value Analysis, performance-gap assessment, and binary performancegain knapsack optimization. Eight criteria are considered: asset condition, failure exposure, lifecycle cost, operational importance, resilience contribution, environmental performance, modernization potential, and implementation feasibility. The optimization model selects intervention portfolios according to expected performance gains while considering budget limits, performance requirements, resource constraints, and logical dependencies. Scenario analysis examines portfolio changes under cost, reliability, resilience, sustainability, and digital-modernization priorities. VIKOR, TOPSIS, PROMETHEE, and COPRAS provide alternative rankings, while Spearman correlation assesses ranking stability. A synthetic asset portfolio is used to demonstrate the computational workflow without relying on proprietary organizational data.
Keywords: Decision Intelligence; Asset Portfolio Prioritization; Multi-Criteria Decision Analysis; Group AHP; Goal Programming; Knapsack Optimization; Sustainable Infrastructure; Industrial Asset Management. (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:
Downloads: (external link)
https://www.ijisrt.com/decision-intelligence-frame ... ompeting-constraints (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:cvr:ijisrt:2026:09:ijisrt26sep461
DOI: 10.38124/ijisrt/26sep461
Access Statistics for this article
More articles in International Journal of Innovative Science and Research Technology (IJISRT) from IJISRT Publication
Bibliographic data for series maintained by Rahul Goyel ().