Crowdsourcing Community Vision: A New Tool for Strategic Planning
In the evolving landscape of master-planned communities, strategic decisions about amenities and infrastructure are traditionally made by a few, often based on assumptions about what residents might want. But what if we could democratize this process and let residents actively shape their community's future? Our latest paper, " Democratizing Strategic Planning in Master-Planned Communities ," presents a cutting-edge tool designed to do exactly that. Using data from brief online surveys, this tool captures residents' preferences on various large-scale projects—whether it's a new park, recreation center, or road expansion. The result? A detailed ranking of potential plans based on anticipated utilization, cost sensitivity, and risk assessment. created for this post with ImageFX What makes this tool powerful is its foundation in utility theory, incorporating exponential models to reflect diminishing returns on investments in quality, cost, and risk mitigation. In e