Urban planning as project management: a limited rationality model

We consider program proposals as separate projects and use an incremental decision process (incremental functional formulation) backed by methods of optimisation through incremental and interactive decision processes which have been developed in operations research. These methods fit the ill-structured problems in planning better than the conventional optimisation methods. We'll conclude showing one of the possible concrete applications of our model to a real-life case, where one of the main results was a suggested expense of € 4 millions leading to the 90% of the result possible with the cost of € 10 millions (but with just a 40% expenditure).