Multi-criteria analysis as a tool for budgetary decision-making

Abstract

Budgetary decision-making in organizations increasingly requires the simultaneous consideration of multiple financial and non-financial criteria, making traditional mono-criteria approaches insufficient in the face of growing complexity. This thesis explores how multi-criteria analysis, as a decision-support tool integrated within management control, can improve the quality and rationality of budgetary decisions. In this work, we present the PROMETHEE method. A practical application conducted at SARL GARDEN CLEAN illustrates the theoretical developments, evaluating three strategic investment alternatives against four criteria