A Sustainability-driven Integrated model of strategic management for coastal urban projects

Abstract

Amidst today’s climate change-related environmental risks, both new and experienced investors may face uncertainty and lack of direction when preparing for investments, particularly in large-scale urban development projects. Therefore, guidance in construction investment, especially during the planning stage, becomes crucial to enhance the likelihood of success in coastal urban development projects and promote sustainable development. This study offers a valuable tool that integrates quantitative approaches like the “Balanced Scorecard” (BSC), “Analytical Network Process” (ANP), fuzzy theory, and “Decision Making Trial and Evaluation Laboratory” (DEMATEL) to create a strategic performance management framework focused on sustainable development. The model emphasizes the significance of investing in human resources, IT systems, and enterprise culture to foster business growth and development in urban coastal projects. Additionally, the study underscores the importance of internal control over project time, technology, quality, legal compliance, and resources, which serve as the driving forces behind operational processes. Furthermore, effective and flexible management of financial, social, and environmental activities is vital to ensure enterprise success while adhering to environmental, health, and safety requirements.

Keywords

• balanced scorecard
• fuzzy-anp-dematel
• sustainability
• strategic management
• coastal urban project