This thesis presents a case study on decision analysis for the public investment projects. The purpose of this thesis is to perform a decision analysis and computerization of the water supply projects. "Jeonju Water Supply Project" is considered as a base case.
FAST is a financial analysis program language developed by the World Bank for the bank assisted public projects. In order to reflect the inherent characteristics of the water supply projects, some modifications are made for several FAST blocks.
Taking the net present value (NPV) as an evaluation criterion, a complete decision analysis of "Jeonju Water Supply Project" has been performed.
In order to consider simultaneously other financial aspects of the investment projects other than NPV, multiattribute utility concepts have been utilized in the decision analysis cycle.
It is interesting to note that the result of the latter is different from that of the former.