Evaluating multi-stakeholder perceptions of project impacts: a participatory value-based multi-criteria approach

This paper describes a participatory multi-stakeholder impact assessment approach based on the concept of a value tree (VT), generated using the value focused thinking method (VFT) developed by Keeney (1992). This approach allows stakeholders to specify impact parameters to be evaluated, which in the context of the VT, are organized as goals, objectives and alternatives. The approach is implemented in two phases: Phase I is designed to formulate stakeholders' collective VT following VFT concepts and the cognitive mapping method, and Phase II is a participatory valuation approach based on the VT formed in Phase I. The VT and the VFT concepts are adopted as tools to capture different stakeholders' values, goals and perceptions. The resulting VT is structured as a hierarchy between goals and objectives, and a network consisting of relationships, linkages and cross-impacts of the different alternatives and objectives. The hierarchy and network structure enables stakeholders to decompose complex assessment pro...