MULTICRITERIA MODEL FOR PORTFOLIO SELECTION IN CIVIL CONSTRUCTION

Investment decisions in construction require advanced approaches that balance multiple variables to optimize profits and reduce risk. This study proposes a multicriteria decision model for portfolio selection in civil construction, using a cost-benefit approach based on the FITradeoff method. The model integrates criteria such as buildable area, availability of land, internal rate of return and availability of houses, respecting budget limitations. A practical application with real data was carried out to select lots in high-end condominiums in Brazil. The results showed the model's ability to define the optimal compromise solution for an investment portfolio, providing a systematic methodology for decision making. The research demonstrates how multicriteria approaches offer investors a framework that optimizes profits and allocates scarce resources efficiently in civil construction.