You are on page 1of 10

$BQ­UVMP

3FTPMVDJ³O EF 
QSPCMFNBT Z CºTRVFEB
EF JOGPSNBDJ³O
SFMFWBOUF
$POUFOJEPT

'VFOUFT EF EPDVNFOUBDJ³O  1SPDFEJNJFOUPT DPNVOFT 

3DUD XQ DGPLQLVWUDGRU OD KDELOLGDG PiV LPSRUWDQWH HV SRGHU HQIUHQWDUVH D FXDOTXLHU VLWXDFLyQ FRQRFLGD
R QR (VWH FDStWXOR SURYHH XQD VHULH GH PpWRGRV TXH ³ HVSHUDPRV ³ OH SHUPLWLUi DLVODU OD FDXVD GH
FXDOTXLHU SUREOHPD TXH HQFXHQWUH SDUD TXH SXHGD OOHJDU D UHVROYHUOR
 'VFOUFT EF EPDVNFOUBDJ³O

$QWHV GH TXH SXHGD HQWHQGHU OR TXH UHDOPHQWH HVWi SDVDQGR FXDQGR KD\ XQ SUREOHPD QHFHVLWD
VDEHU HO URO TXH FXPSOH HQ WHRUtD FDGD SURJUDPD LQYROXFUDGR HQ HO SUREOHPD 3DUD KDFHUOR OR
PHMRU TXH SXHGH KDFHU HV FRQVXOWDU VX GRFXPHQWDFLyQ SHUR \D TXH GLFKRV GRFXPHQWRV VRQ
QXPHURVRV \ PX\ GLVSHUVRV GHEH VDEHU WRGRV ORV OXJDUHV GRQGH SXHGH HQFRQWUDUORV

 1¡HJOBT EF NBOVBM

$6-563" &T FM BDS³OJNP FO JOHM©T EF kMFF FM Q P NBOVBM{ k3FBE 5IF ' LJOH .BOVBM{

35'. QFSP QVFEF FOUFOEFSTF UBNCJ©O DPNP VOB WBSJBOUF N¡T BNJHBCMF kMFF FM CFOEJUP
NBOVBM{ k3FBE 5IF 'JOF .BOVBM{
 &TUB GSBTF FT VUJMJ[BEB B WFDFT FO SFTQVFTUBT
CSVTDBT
B QSFHVOUBT EF OPWBUPT &T CBTUBOUF BCSVQUB Z EFKB WFS DJFSUB NPMFTUJB TP
CSF VOB QSFHVOUB IFDIB QPS BMHVJFO RVF OP TF NPMFTU³ TJRVJFSB FO MFFS MB EPDVNFO
UBDJ³O "MHVOPT EJDFO RVF FTUB SFTQVFTUB DM¡TJDB FT NFKPS RVF OJOHVOB SFTQVFTUB
ZB RVF JOEJDB RVF MB EPDVNFOUBDJ³O DPOUJFOF MB JOGPSNBDJ³O CVTDBEB
P RVF VOB
SFTQVFTUB N¡T FYUFOTB Z WJPMFOUB
&O DVBMRVJFS DBTP TJ BMHVJFO MF SFTQPOEF k35'.{ FT BDPOTFKBCMF OP TFOUJSTF PGFO
EJEP &TUB SFTQVFTUB FT HFOFSBMNFOUF GBTUJEJPTB QPS MP RVF QPES­B EFTFBS FWJUBS SF
DJCJSMB 4J MB JOGPSNBDJ³O RVF CVTDB OP FTU¡ FO FM NBOVBM MP DVBM QVFEF PDVSSJS EF
CFS­B EFDJSMP F QSFGFSFOUFNFOUF FO TV QSFHVOUB JOJDJBM %FCFS­B EFTDSJCJS UBNCJ©O
MPT QBTPT RVF UPN³ QPS TV DVFOUB JOUFOUBOEP FODPOUSBS FTUB JOGPSNBDJ³O BOUFT EF
IBDFS MB QSFHVOUB FO EJDIP ¡NCJUP 1VFEF BOUFT EF VUJMJ[BS GPSPT TFHVJS VOB TFSJF
EF SFDPNFOEBDJPOFT EF TFOUJEP DPNºO EFUBMMBEBT QPS &SJD 3BZNPE Z USBEVDJEBT
QPS +PTF . 'FSO¡OEF[
➨ KWWS ZZZ VLQGRPLQLR QHW D\XGD SUHJXQWDV LQWHOLJHQWHV KWPO

➨ KWWS FDWE RUJ aHVU IDTV VPDUW TXHVWLRQV KWPO

/DV SiJLQDV GH PDQXDO DXQTXH GH HVWLOR HVFXHWR FRQWLHQHQ JUDQ FDQWLGDG GH LQIRUPDFLyQ
HVHQFLDO 5HSDVDUHPRV UiSLGDPHQWH ORV SURJUDPDV SDUD YHUODV 6LPSOHPHQWH HMHFXWH PDQ
S£JLQDBGHBPDQXDO ³ OD SiJLQD GH PDQXDO JHQHUDOPHQWH WLHQH HO PLVPR QRPEUH TXH HO SURJUD
PD VREUH HO TXH EXVFD GRFXPHQWDFLyQ 3RU HMHPSOR SDUD DSUHQGHU VREUH ODV RSFLRQHV SRVLEOHV
GH FS XWLOL]DUtD PDQ FS HQ XQD WHUPLQDO UHYLVH HO UHFXDGUR ©/D FRQVROD XQ LQWpUSUHWH GH OtQHD
GH yUGHQHVª SiJLQD

70-7&3 " -04 $*.*&/504 6O JOU©SQSFUF EF M­OFB EF ³SEFOFT UBNCJ©O MMBNBEP kUFSNJOBM{ FT VO QSPHSBNB
-B DPOTPMB VO JOU©SQSFUF RVF FKFDVUB MBT ³SEFOFT RVF TPO P CJFO JOHSFTBEBT QPS FM VTVBSJP P BMNBDFOBEBT FO
EF M­OFB EF ³SEFOFT VO TDSJQU &O FM NPEP JOUFSBDUJWP NVFTUSB VO kQSPNQU{ RVF HFOFSBMNFOUF GJOBMJ[B
DPO QBSB VO VTVBSJP OPSNBM P DPO QBSB VO BENJOJTUSBEPS
RVF JOEJDB RVF FTU¡
MJTUP QBSB MFFS VOB PSEFO OVFWB &M "Q©OEJDF`# $VSTP CSFWF EF FNFSHFODJB Q¡HJOB
 EFTDSJCF FM VTP C¡TJDP EF VOB DPOTPMB
-B DPOTPMB QSFEFUFSNJOBEB Z N¡T VUJMJ[BEB FT EDVK k#PVSOF "HBJO 4IFMM{
QFSP
FYJTUFO PUSBT JODMVZFOEP GDVK FVK WFVK Z ]VK

 &M NBOVBM EFM "ENJOJTUSBEPS EF %FCJBO


&OUSF PUSBT DPTBT MB NBZPS­B EF MBT DPOTPMBT PGSFDFO BZVEB JOHSFTBOEP EBUPT BM
QSPNQU DPNP DPNQMFUBEP EF OPNCSFT EF QSPHSBNBT P EF BSDIJWPT RVF HFOFSBMNFO
UF QVFEF SFBMJ[BS QSFTJPOBOEP MB UFDMB UBC
P SFDPSEBOEP ³SEFOFT QSFWJBT HFTUJ³O
EFM IJTUPSJBM


/DV SiJLQDV GH PDQXDO QR VyOR GRFXPHQWDQ SURJUDPDV HQ OD OtQHD GH yUGHQHV WDPELpQ DUFKLYRV
GH FRQILJXUDFLyQ OODPDGDV GH VLVWHPD IXQFLRQHV GH OD ELEOLRWHFD & \ PiV $ YHFHV SXHGHQ FRLQ
FLGLU FLHUWRV QRPEUHV 3RU HMHPSOR OD RUGHQ GH OD FRQVROD UHDG WLHQH HO PLVPR QRPEUH TXH OD
OODPDGD GH VLVWHPD UHDG (V SRU HVR TXH ODV SiJLQDV GH PDQXDO HVWiQ RUJDQL]DGDV HQ VHFFLRQHV
QXPHUDGDV
yUGHQHV TXH SXHGHQ VHU HMHFXWDGDV GHVGH OD OtQHD GH yUGHQHV
OODPDGDV GH VLVWHPD IXQFLRQHV SURSRUFLRQDGDV SRU HO Q~FOHR
IXQFLRQHV GH ELEOLRWHFD SURSRUFLRQDGDV SRU ODV ELEOLRWHFDV GHO VLVWHPD
GLVSRVLWLYRV HQ 8QL[ pVWRV VRQ DUFKLYRV HVSHFLDOHV JHQHUDOPHQWH XELFDGRV HQ HO GLUHFWRULR
GHY

DUFKLYRV GH FRQILJXUDFLyQ IRUPDWRV \ FRQYHQFLRQHV


MXHJRV
FRQMXQWRV GH ©PDFURVª \ HVWiQGDUHV
yUGHQHV GH DGPLQLVWUDFLyQ GHO VLVWHPD
UXWLQDV GHO Q~FOHR
(V SRVLEOH HVSHFLILFDU OD SiJLQD GHO PDQXDO TXH HVWi EXVFDQGR SDUD YLVXDOL]DU OD GRFXPHQWDFLyQ
GH OD OODPDGD GH VLVWHPD UHDG XWLOL]DUtD PDQ UHDG &XDQGR QR VH HVSHFLILTXH XQD VHFFLyQ H[
SOtFLWDPHQWH VH PRVWUDUi OD SULPHUD VHFFLyQ TXH SRVHD XQD SiJLQD GH PDQXDO FRQ HO QRPEUH
SHGLGR 3RU OR WDQWR PDQ VKDGRZ PRVWUDUi VKDGRZ SRUTXH QR KD\ SiJLQDV GH PDQXDO SDUD
VKDGRZ HQ ODV VHFFLRQHV D

46(&3&/$*" 4J OP EFTFB WFS MB Q¡HJOB EF NBOVBM DPNQMFUB TJOP T³MP VOB EFTDSJQDJ³O DPSUB QBSB
ZKDWLV DPOGJSNBS RVF FT MP RVF FTU¡ CVTDBOEP JOHSFTF ZKDWLV SURJUDPD

ZKDWLV VFS
VFS FRSLD VHJXUD SURJUDPD GH FRSLD GH ILFKHURV
➥ UHPRWRV

&TUB EFTDSJQDJ³O DPSUB FTU¡ JODMVJEB FO MB TFDDJ³O /0.#3& k/".& {


BM QSJODJQJP
EF UPEBT MBT Q¡HJOBT EF NBOVBM

3RU VXSXHVWR VL QR VDEH HO QRPEUH GHO SURJUDPD HO PDQXDO QR OH VHUi GH PXFKD XWLOLGDG eVWH
HV HO SURSyVLWR GHO SURJUDPD DSURSRV TXH OH D\XGD D EXVFDU HQ ODV SiJLQDV GH PDQXDO PiV HV
SHFtILFDPHQWH HQ VXV GHVFULSFLRQHV FRUWDV &DGD SiJLQD GH PDQXDO FRPLHQ]D HVHQFLDOPHQWH FRQ
XQ UHVXPHQ GH XQD OtQHD DSURSRV GHYXHOYH XQD OLVWD GH ODV SiJLQDV GH PDQXDO TXH PHQFLRQDQ

$BQ­UVMP  F 3FTPMVDJ³O EF QSPCMFNBT Z CºTRVFEB EF JOGPSNBDJ³O SFMFWBOUF 


HQ VX UHVXPHQ OD SDODEUD FODYH SHGLGD R WRGDV ODV LQJUHVDGDV 6L ODV VHOHFFLRQD FRUUHFWDPHQWH
HQFRQWUDUi HO QRPEUH GHO SURJUDPD TXH QHFHVLWD

&KFNQMP  &ODPOUSBS FS DPO DSURSRV

DSURSRV (FRS\ ILOH(


FS FRSLD ILFKHURV \ GLUHFWRULRV
FSLR FRSLD ILFKHURV D \ GHVGH DUFKLYRV
JYIV FRS\ FRSLD DUFKLYRV
JYIV PRYH FRSLD DUFKLYRV
KFRS\ FRSLD DUFKLYRV GHVGH R D XQ YROXPHQ +)6
LQVWDOO FRSLD DUFKLYRV \ XQ FRQMXQWR GH DWULEXWRV
QWIVFS FRSLD XQ DUFKLYR D XQ YROXPHQ 17)6

46(&3&/$*" .VDIBT Q¡HJOBT EF NBOVBM UJFOFO VOB TFDDJ³O k7&" 5".#*‰/{ k4&& "-40{
HF
/BWFHBS TJHVJFOEP OFSBMNFOUF BM GJOBM 4F SFGJFSF B PUSBT Q¡HJOBT EF NBOVBM SFMFWBOUFT EF QSPHSBNBT
FOMBDFT TJNJMBSFT P EPDVNFOUBDJ³O FYUFSOB &T QPTJCMF EF FTUB GPSNB FODPOUSBS EPDVNFO
UBDJ³O SFMFWBOUF BºO DVBOEP MB QSJNFSB PQDJ³O OP TFB MB ³QUJNB

7KH PDQ FRPPDQG LV QRW WKH RQO\ PHDQV RI FRQVXOWLQJ WKH PDQXDO SDJHV VLQFH NKHOSFHQWHU
DQG NRQTXHURU E\ .'( DQG \HOS XQGHU *120( SURJUDPV DOVR RIIHU WKLV SRVVLELOLW\ 7KHUH LV
DOVR D ZHE LQWHUIDFH SURYLGHG E\ WKH PDQ KWPO SDFNDJH ZKLFK DOORZV \RX WR YLHZ PDQXDO SDJHV
LQ D ZHE EURZVHU 2Q D FRPSXWHU ZKHUH WKLV SDFNDJH LV LQVWDOOHG XVH WKLV 85/
➨ KWWS ORFDOKRVW FJL ELQ PDQ PDQ KWPO

(VWD KHUUDPLHQWD QHFHVLWD XQ VHUYLGRU ZHE (V SRU HVWR TXH VL GHEHUtD HOHJLU LQVWDODU HVWH SDTXH
WH HQ XQR GH VXV VHUYLGRUHV WRGRV ORV XVXDULRV GH OD UHG ORFDO VH EHQHILFLDUiQ GH HVWH VHUYLFLR
LQFOX\HQGR PiTXLQDV TXH QR WLHQHQ /LQX[ \ OH HYLWDUi WHQHU TXH FRQILJXUDU XQ VHUYLGRU +773
HQ FDGD HVWDFLyQ GH WUDEDMR 6L SXHGH DFFHGHU D VX VHUYLGRU GHVGH RWUDV UHGHV SRGUtD GHVHDU UHV
WULQJLU HO DFFHVR D HVWH VHUYLFLR VyOR D ORV XVXDULRV GH OD UHG ORFDO
/DVW EXW QRW OHDVW \RX FDQ YLHZ DOO PDQXDO SDJHV DYDLODEOH LQ 'HELDQ HYHQ WKRVH WKDW DUH QRW
LQVWDOOHG RQ \RXU PDFKLQH RQ WKH NBOQBHFTEFCJBOPSH VHUYLFH ,W RIIHUV HDFK PDQXDO SDJH LQ
PXOWLSOH YHUVLRQV RQH IRU HDFK 'HELDQ UHOHDVH
➨ KWWSV PDQSDJHV GHELDQ RUJ

/03."5*7" %&#*"/ %FCJBO SFRVJFSF RVF DBEB QSPHSBNB UFOHB VOB Q¡HJOB EF NBOVBM 4J FM BVUPS PSJ
1¡HJOBT EF NBOVBM HJOBM OP QSPWFF VOB FM EFTBSSPMMBEPS %FCJBO HFOFSBMNFOUF FTDSJCJS¡ VOB Q¡HJOB
PCMJHBUPSJBT N­OJNB RVF DVBOEP NFOPT EJSJKB BM MFDUPS B MB VCJDBDJ³O EF MB EPDVNFOUBDJ³O PSJ
HJOBM

 &M NBOVBM EFM "ENJOJTUSBEPS EF %FCJBO


 %PDVNFOUPT JOGP

(O SUR\HFWR *18 HVFULELy PDQXDOHV SDUD OD PD\RUtD GH VXV SURJUDPDV HQ HO IRUPDWR LQIR HV SRU
HVWR TXH PXFKDV SiJLQDV GH PDQXDO KDFHQ UHIHUHQFLD D OD GRFXPHQWDFLyQ LQIR FRUUHVSRQGLHQWH
(O IRUPDWR WLHQH FLHUWDV YHQWDMDV SHUR HO SURJUDPD SRU GHIHFWR SDUD YLVXDOL]DU HVWRV GRFXPHQ
WRV OODPDGR LQIR HV WDPELpQ OLJHUDPHQWH PiV FRPSOHMR (Q YH] GH pVWH VH OH UHFRPLHQGD XVDU
SLQIR GHO SDTXHWH SLQIR

/D GRFXPHQWDFLyQ LQIR WLHQH XQD HVWUXFWXUD MHUiUTXLFD \ VL HMHFXWD SLQIR VLQ SDUiPHWURV PRV
WUDUi XQD OLVWD GH ORV QRGRV GLVSRQLEOHV HQ HO SULPHU QLYHO *HQHUDOPHQWH ORV QRGRV WLHQHQ HO
QRPEUH GHO SURJUDPD FRUUHVSRQGLHQWH
(Q OD RUGHQ SLQIR OD QDYHJDFLyQ VH FRQWUROD FRQ ODV WHFODV GHO FXUVRV 3XHGH XWLOL]DU DOWHUQDWL
YDPHQWH XQ QDYHJDGRU JUiILFR TXH HV PXFKR PiV DPLJDEOH 1XHYDPHQWH NRQTXHURU \ \HOS
IXQFLRQDQ LQIR ZZZ WDPELpQ SURYHH XQD LQWHUID] ZHE
➨ KWWS ORFDOKRVW FJL ELQ LQIR ZZZ

1RWH TXH HO VLVWHPD LQIR D GLIHUHQFLD GHO VLVWHD GH SiJLQDV PDQ QR SHUPLWH WUDGXFFLRQHV /RV
GRFXPHQWRV LQIR HVWDUiQ SRU OR WDQWR VLHPSUH HQ LQJOpV 6LQ HPEDUJR FXDQGR OH SLGD D SLQIR
XQD SiJLQD LQIR TXH QR H[LVWD pVWH EXVFDUi OD SiJLQD GH PDQ FRQ HO PLVPR QRPEUH VL HV TXH
H[LVWH \ pVWD SXHGH TXH Vt HVWp WUDGXFLGD

 %PDVNFOUBDJ³O FTQFD­GJDB

&DGD SDTXHWH LQFOX\H VX SURSLD GRFXPHQWDFLyQ $~Q ORV SURJUDPDV PHQRV GRFXPHQWDGRV JHQH
UDOPHQWH WLHQHQ XQ DUFKLYR 5($'0( TXH FRQWLHQH LQIRUPDFLyQ LQWHUHVDQWH \ R LPSRUWDQWH (VWD
GRFXPHQWDFLyQ VH LQVWDOD HQ HO GLUHFWRULR XVU VKDUH GRF SDTXHWH GRQGH SDTXHWH UHSUHVHQWD
HO QRPEUH GHO SDTXHWH 6L OD GRFXPHQWDFLyQ HV SDUWLFXODUPHQWH JUDQGH SXHGH QR HVWDU LQFOXLGD
HQ HO SDTXHWH SULQFLSDO GHO SURJUDPD VLQR TXH SXHGH KDEHU VLGR VHSDUDGD D XQ SDTXHWH GHGLFDGR
TXH JHQHUDOPHQWH HV OODPDGR QBRVFUFEPD (O SDTXHWH SULQFLSDO SRU OR JHQHUDO UHFRPHQGDUi HO
SDTXHWH GH GRFXPHQWDFLyQ SDUD TXH SXHGD HQFRQWUDUOR IiFLOPHQWH
(O GLUHFWRULR XVU VKDUH GRF SDTXHWH WDPELpQ FRQWLHQH DOJXQRV DUFKLYRV SURYLVWRV SRU 'H
ELDQ TXH FRPSOHWDQ OD GRFXPHQWDFLyQ HVSHFLILFDQGR ODV SDUWLFXODULGDGHV R PHMRUDV GHO SDTXHWH
FRPSDUiQGROR FRQ XQD LQVWDODFLyQ WUDGLFLRQDO GHO VRIWZDUH (O DUFKLYR 5($'0( 'HELDQ WDPELpQ
LQGLFD WRGDV ODV DGDSWDFLRQHV TXH VH UHDOL]DURQ SDUD FXPSOLU FRQ OD 1RUPDWLYD 'HELDQ (O DUFKL
YR FKDQJHORJ 'HELDQ J] OH SHUPLWH DO XVXDULR VHJXLU ODV PRGLILFDFLRQHV UHDOL]DGDV DO SDTXHWH
FRQ HO WLHPSR HV PX\ ~WLO LQWHQWDU HQWHQGHU OR TXH FDPELy HQWUH GRV YHUVLRQHV LQVWDODGDV TXH
QR WLHQHQ HO PLVPR FRPSRUWDPLHQWR 3RU ~OWLPR D YHFHV KDEUi XQ DUFKLYR 1(:6 'HELDQ J] TXH
GRFXPHQWDUi ORV FDPELRV LPSRUWDQWHV HQ HO SURJUDPD TXH SRGUtDQ LQWHUHVDU DO DGPLQLVWUDGRU

 4JUJPT XFC

(Q OD PD\RUtD GH ORV FDVRV ORV SURJUDPDV GH VRIWZDUH OLEUH WLHQHQ VLWLRV ZHE TXH VH XWLOL]DQ SD
UD GLVWULEXLUOR \ UHXQLU OD FRPXQLGDG GH GHVDUUROODGRUHV \ XVXDULRV (VWRV VLWLRV JHQHUDOPHQWH

$BQ­UVMP  F 3FTPMVDJ³O EF QSPCMFNBT Z CºTRVFEB EF JOGPSNBDJ³O SFMFWBOUF 


HVWiQ OOHQRV GH LQIRUPDFLyQ UHOHYDQWH HQ YDULDV IRUPDV GRFXPHQWDFLyQ RILFLDO SUHJXQWDV IUH
FXHQWHV )$4 ©)UHTXHQWO\ $VNHG 4XHVWLRQVª DUFKLYRV GH OLVWDV GH FRUUHR HWF /RV SUREOHPDV
TXH SRGUtD WHQHU \D KDQ VLGR REMHWR GH YDULDV SUHJXQWDV ORV )$4 R ORV DUFKLYRV GH ODV OLVWDV GH
FRUUHRV SXHGHQ WHQHU XQD VROXFLyQ 'RPLQDU ORV PRWRUHV GH E~VTXHGD VHUi GH JUDQ YDORU SDUD
HQFRQWUDU ODV SiJLQDV UHOHYDQWHV UiSLGDPHQWH UHVWULQJLHQGR OD E~VTXHGD DO GRPLQLR R VXEGRPL
QLR GH ,QWHUQHW GHGLFDGR DO SURJUDPD 6L OD E~VTXHGD GHYXHOYH GHPDVLDGRV UHVXOWDGRV R pVWRV
QR FRLQFLGHQ FRQ OR TXH GHVHD SXHGH DJUHJDU OD SDODEUD FODYH GHELDQ SDUD OLPLWDU ORV UHVXOWDGRV
\ REWHQHU LQIRUPDFLyQ UHOHYDQWH

46(&3&/$*" 4J FM TPzXBSF EFWVFMWF VO NFOTBKF EF FSSPS NVZ FTQFD­GJDP JOHS©TFMP FO FM NPUPS


%FM FSSPS B MB TPMVDJ³O EF CºTRVFEB FOUSF DPNJMMBT EPCMFT ( QBSB OP CVTDBS QBMBCSBT DMBWF JOEJWJEVBMFT
TJOP MB GSBTF DPNQMFUB
 &O MB NBZPS­B EF MPT DBTPT MPT QSJNFSPT FOMBDFT EFWVFMUPT
DPOUFOES¡O MB SFTQVFTUB RVF CVTDB
&O PUSPT DBTPT PCUFOES¡ FSSPSFT NVZ HFO©SJDPT DPNP kQFSNJTP EFOFHBEP{ &O FTUF
DBTP FT NFKPS SFWJTBS MPT QFSNJTPT EF MPT FMFNFOUPT JOWPMVDSBEPT BSDIJWPT *%T EF
VTVBSJP HSVQPT FUD


,I \RX GR QRW NQRZ WKH DGGUHVV IRU WKH VRIWZDUH·V ZHEVLWH WKHUH DUH YDULRXV PHDQV RI JHWWLQJ LW
)LUVW FKHFN LI WKHUH LV D )PNFQBHF ILHOG LQ WKH SDFNDJH·V PHWD LQIRUPDWLRQ DSW VKRZ SDFNDJH
$OWHUQDWHO\ WKH SDFNDJH GHVFULSWLRQ PD\ FRQWDLQ D OLQN WR WKH SURJUDP·V RIILFLDO ZHEVLWH ,I QR
85/ LV LQGLFDWHG ORRN DW XVU VKDUH GRF SDFNDJH FRS\ULJKW 7KH 'HELDQ PDLQWDLQHU JHQH
UDOO\ LQGLFDWHV LQ WKLV ILOH ZKHUH WKH\ JRW WKH SURJUDP·V VRXUFH FRGH DQG WKLV LV OLNHO\ WR EH WKH
ZHEVLWH WKDW \RX QHHG WR ILQG ,I DW WKLV VWDJH \RXU VHDUFK LV VWLOO XQIUXLWIXO FRQVXOW D IUHH VRIW
ZDUH GLUHFWRU\ VXFK DV )6)·V )UHH 6RIWZDUH 'LUHFWRU\ RU VHDUFK GLUHFWO\ ZLWK D VHDUFK HQJLQH
VXFK DV *RRJOH 'XFN'XFN*R <DKRR HWF
➨ KWWSV GLUHFWRU\ IVI RUJ ZLNL 0DLQB3DJH

7DPELpQ SRGUtD GHVHDU UHYLVDU HO ZLNL GH 'HELDQ XQ VLWLR ZHE FRODERUDWLYR GRQGH FXDOTXLHUD
LQFOXVLYH VLPSOHV YLVLWDQWHV SXHGHQ KDFHU VXJHUHQFLDV GLUHFWDPHQWH GHVGH VXV QDYHJDGRUHV (V
XWLOL]DGR WDQWR SRU GHVDUUROODGRUHV SDUD GLVHxDU \ HVSHFLILFDU VXV SUR\HFWRV FRPR SRU XVXDULRV
SDUD FRPSDUWLU VX FRQRFLPLHQWR HVFULELHQGR GRFXPHQWRV FRODERUDWLYDPHQWH
➨ KWWS ZLNL GHELDQ RUJ

 5VUPSJBMFT )0850

8Q ©KRZWRª HV XQ GRFXPHQWR TXH GHVFULEH HQ WpUPLQRV FRQFUHWRV \ SDVR D SDVR ©FyPRª HQ


LQJOpV ©KRZ WRª OOHJDU D XQ REMHWLYR SUHGHILQLGR /RV REMHWLYRV FXELHUWRV VRQ UHODWLYDPHQWH YD
ULDGRV SHUR JHQHUDOPHQWH GH QDWXUDOH]D WpFQLFD SRU HMHPSOR FRQILJXUDU ©,3 0DVTXHUDGLQJª
LQVWDODU XQ VHUYLGRU 6DPED HWF (VWRV GRFXPHQWRV JHQHUDOPHQWH LQWHQWDQ FXEULU WRGRV ORV SUR
EOHPDV SRWHQFLDOHV TXH SRGUtDQ RFXUULU GXUDQWH OD LPSOHPHQWDFLyQ GH XQD WHFQRORJtD GDGD
(O 3UR\HFWR GH 'RFXPHQWDFLyQ GH /LQX[ /'3 ©/LQX[ 'RFXPHQWDWLRQ 3URMHFWª JHVWLRQD PXFKRV
GH HVWRV WXWRULDOHV VX VLWLR ZHE DOPDFHQD WRGRV HVWRV GRFXPHQWRV
➨ KWWS ZZZ WOGS RUJ

 &M NBOVBM EFM "ENJOJTUSBEPS EF %FCJBO


7RPH HVWRV GRFXPHQWRV FRQ XQ JUDQR GH VDO *HQHUDOPHQWH WLHQHQ YDULRV DxRV OD LQIRUPDFLyQ
TXH FRQWLHQHQ D YHFHV HVWi REVROHWD (VWH IHQyPHQR HV D~Q PiV IUHFXHQWH SDUD VXV WUDGXFFLRQHV
\D TXH ODV DFWXDOL]DFLRQHV QR VRQ QL VLVWHPiWLFDV QL LQVWDQWiQHDV OXHJR GH OD SXEOLFDFLyQ GH QXH
YDV YHUVLRQHV GH ORV GRFXPHQWRV RULJLQDOHV (VWD HV SDUWH GH OD DOHJUtD GH WUDEDMDU HQ XQ HQWRUQR
GH YROXQWDULRV \ VLQ OLPLWDFLRQHV«

 1SPDFEJNJFOUPT DPNVOFT

(O SURSyVLWR GH HVWD VHFFLyQ HV SUHVHQWDU DOJXQDV VXJHUHQFLDV JHQHUDOHV HQ DOJXQDV RSHUDFLRQHV


TXH HO DGPLQLVWUDGRU WHQGUi TXH UHDOL]DU IUHFXHQWHPHQWH eVWRV SURFHGLPLHQWRV REYLDPHQWH QR
FXEULUiQ H[KDXVWLYDPHQWH WRGR FDVR SRVLEOH SHUR SRGUtDQ VHUYLU FRPR SXQWRV GH SDUWLGD SDUD
ORV FDVRV PiV GLItFLOHV

%&4$6#3*.*&/50 (FOFSBMNFOUF MB EPDVNFOUBDJ³O USBEVDJEB B VO JEJPNB EJTUJOUP BM JOHM©T FTU¡ EJT


%PDVNFOUBDJ³O FO PUSPT QPOJCMF FO VO QBRVFUF TFQBSBEP DPO FM OPNCSF EFM QBRVFUF DPSSFTQPOEJFOUF TFHVJ
JEJPNBT EP EF LGLRPD EPOEF JEJPNB FT FM D³EJHP *40 EF EPT MFUSBT QBSB FM JEJPNB

1PS FKFNQMP FM QBRVFUF BQUIPXUPGS DPOUJFOF MB USBEVDDJ³O BM GSBOD©T EFM kIPXUP{
QBSB "15 %F MB NJTNB GPSNB MPT QBRVFUFT RVJDLSFGFSFODFGS Z EFCJBOSFGFSFODF
GS TPO MBT WFSTJPOFT FO GSBOD©T EF MBT HV­BT EF SFGFSFODJB QBSB %FCJBO FTDSJUBT FO
JOHM©T JOJDJBMNFOUF QPS 0TBNV "PLJ


 $POGJHVSBDJ³O EF VO QSPHSBNB

&XDQGR GHVHH FRQILJXUDU XQ SDTXHWH GHVFRQRFLGR GHEH SURFHGHU HQ HWDSDV 3ULPHUR GH


EH OHHU OR TXH HO HQFDUJDGR GHO SDTXHWH KD GRFXPHQWDGR /HHU HO DUFKLYR XVU VKDUH
GRF SDTXHWH 5($'0( 'HELDQ OH SHUPLWLUi DSUHQGHU VREUH ODV PHGLGDV HVSHFtILFDV WRPDGDV SD
UD VLPSOLILFDU HO XVR GHO VRIWZDUH $ YHFHV HV HVHQFLDO SDUD SRGHU HQWHQGHU ODV GLIHUHQFLDV FRQ HO
FRPSRUWDPLHQWR RULJLQDO GHO SURJUDPD VHJ~Q GHVFULEH OD GRFXPHQWDFLyQ HQ JHQHUDO FRPR ORV
©KRZWRª $ YHFHV HVWH DUFKLYR WDPELpQ GHWDOOD ORV HUURUHV PiV FRPXQHV SDUD TXH SXHGD HYLWDU
GHVSHUGLFLDU WLHPSR HQ SUREOHPDV FRPXQHV
/XHJR GHEHUtD UHYLVDU OD GRFXPHQWDFLyQ RILFLDO GHO VRIWZDUH ³ UHYLVH 6HFFLyQ ©)XHQWHV GH
GRFXPHQWDFLyQª SiJLQD SDUD LGHQWLILFDU ODV GLIHUHQWHV IXHQWHV GH GRFXPHQWDFLyQ H[LVWHQWHV
/D RUGHQ GSNJ / SDTXHWH SURYHH XQD OLVWD GH ORV DUFKLYRV LQFOXLGRV HQ HO SDTXHWH SXHGH DVt
LGHQWLILFDU UiSLGDPHQWH OD GRFXPHQWDFLyQ GLVSRQLEOH DVt FRPR WDPELpQ ORV DUFKLYRV GH FRQIL
JXUDFLyQ XELFDGRV HQ HWF GSNJ V SDTXHWH PXHVWUD ORV PHWDGDWRV GHO SDTXHWH \ FXDOTXLHU
SDTXHWH UHFRPHQGDGR R VXJHULGR DOOt SRGUi HQFRQWUDU GRFXPHQWDFLyQ R XQD KHUUDPLHQWD TXH
IDFLOLWDUi OD FRQILJXUDFLyQ GHO VRIWZDUH
3RU ~OWLPR ORV DUFKLYRV GH FRQILJXUDFLyQ XVXDOPHQWH HVWiQ DXWRGRFXPHQWDGRV FRQ PXFKRV FR
PHQWDULRV H[SOLFDWLYRV TXH GHWDOODQ ORV YDULRV YDORUHV SRVLEOHV SDUD FDGD SDUiPHWUR GH FRQIL
JXUDFLyQ 7DQWR HV DVt TXH D YHFHV EDVWD HOHJLU XQD OtQHD D DFWLYDU HQWUH ODV GLVSRQLEOHV (Q
DOJXQRV FDVRV VH SURYHHQ DUFKLYRV GH FRQILJXUDFLyQ GH HMHPSOR HQ HO GLUHFWRULR XVU VKDUH
GRF SDTXHWH H[DPSOHV /H SXHGHQ VHUYLU FRPR EDVH SDUD VX SURSLR DUFKLYR GH FRQILJXUDFLyQ

$BQ­UVMP  F 3FTPMVDJ³O EF QSPCMFNBT Z CºTRVFEB EF JOGPSNBDJ³O SFMFWBOUF 


/03."5*7" %&#*"/ 5PEPT MPT FKFNQMPT EFCFO JOTUBMBSTF FO FM EJSFDUPSJP XVU VKDUH
6CJDBDJ³O EF MPT GRF SDTXHWH H[DPSOHV  ‰TUPT QVFEFO TFS BSDIJWPT EF DPOGJHVSBDJ³O D³
FKFNQMPT EJHP GVFOUF EF QSPHSBNBT VO FKFNQMP EF VTP EF VOB CJCMJPUFDB
P VO TDSJQU EF
DPOWFSTJ³O EF EBUPT RVF FM BENJOJTUSBEPS QVFEF VUJMJ[BS FO BMHVOPT DBTPT DPNP QB
SB JOJDJBMJ[BS VOB CBTF EF EBUPT
 4J FM FKFNQMP FT FTQFD­GJDP B VOB BSRVJUFDUVSB EFCF
JOTUBMBSTF FO XVU OLE SDTXHWH H[DPSOHV Z EFCF IBCFS VO FOMBDF BQVOUBOEP
B EJDIP BSDIJWP FO FM EJSFDUPSJP XVU VKDUH GRF SDTXHWH H[DPSOHV 

 .POJUPSJ[BDJ³O EF MP RVF IBDFO MPT EFNPOJPT

(QWHQGHU TXp HV OR TXH KDFH XQ GHPRQLR HV DOJR PiV FRPSOLFDGR \D TXH QR LQWHUDFW~D GLUHF
WDPHQWH FRQ HO DGPLQLVWUDGRU 3DUD UHYLVDU VL HO GHPRQLR HVWi WUDEDMDQGR UHDOPHQWH QHFHVLWD
SUREDUOR 3RU HMHPSOR SDUD YHULILFDU HO GHPRQLR $SDFKH VHUYLGRU ZHE SUXpEHOR FRQ XQ SHGL
GR +773
3DUD SHUPLWLU GLFKDV SUXHEDV FDGD GHPRQLR JHQHUDOPHQWH JUDED WRGR OR TXH KDFH DVt FRPR WDP
ELpQ ORV HUURUHV TXH HQFXHQWUD HQ OR TXH VH OODPDQ ©DUFKLYRV GH UHJLVWURª R ©UHJLVWURV GH VLV
WHPDª /RV UHJLVWURV VH DOPDFHQDQ HQ YDU ORJ R DOJXQR GH VXV VXEGLUHFWRULRV 3DUD VDEHU HO
QRPEUH H[DFWR GHO DUFKLYR GH UHJLVWUR GH FDGD GHPRQLR UHYLVH VX GRFXPHQWDFLyQ 1RWH TXH XQD
VROD SUXHED QR VLHPSUH HV VXILFLHQWH VL QR FXEUH WRGRV ORV FDVRV GH XVR SRVLEOHV DOJXQRV SUREOH
PDV VyOR RFXUUHQ HQ FLUFXQVWDQFLDV SDUWLFXODUHV

)&33".*&/5" UV\VORJG FT FTQFDJBM SFDPMFDUB SFHJTUSPT NFOTBKFT JOUFSOPT EFM TJTUFNB


RVF PUSPT
&M EFNPOJP UV\VORJG QSPHSBNBT MF FOW­BO $BEB FOUSBEB EF SFHJTUSP FTU¡ BTPDJBEB DPO VO TVCTJTUFNB
DPSSFP OºDMFP BVUFOUJDBDJ³O FUD
Z VOB QSJPSJEBE UV\VORJG QSPDFTB FTUBT EPT
QPSDJPOFT EF JOGPSNBDJ³O QBSB EFDJEJS RV© IBDFS &M NFOTBKF EF SFHJTUSP QVFEF TFS
HVBSEBEP FO WBSJPT BSDIJWPT EF SFHJTUSP ZP TFS FOWJBEP B MB DPOTPMB EF BENJOJTUSB
DJ³O 1VFEF EFGJOJS MPT EFUBMMFT FO FM BSDIJWP EF DPOGJHVSBDJ³O HWF UV\VORJ FRQI
EPDVNFOUBEP FO MB Q¡HJOB EF NBOVBM EFM NJTNP OPNCSF

"MHVOBT GVODJPOFT EF $ FTQFDJBMJ[BEBT FO FOWJBS SFHJTUSPT TJNQMJGJDBO FM VTP EFM
EFNPOJP UV\VORJG 4JO FNCBSHP BMHVOPT EFNPOJPT HFTUJPOBO TVT QSPQJPT BSDIJWPT
EF SFHJTUSP FTUF FT FM DBTP EF QPS FKFNQMP VDPED RVF JNQMFNFOUB FO -JOVY MPT
SFDVSTPT DPNQBSUJEPT EF 8JOEPXT

5FOHB FO DVFOUB RVF DVBOEP TF VUJMJ[B V\VWHPG MPT SFHJTUSPT TF SFDPHFO QPS
V\VWHPG BOUFT EF TFS SFFOWJBEPT B UV\VORJG 1PS MP UBOUP UBNCJ©O FTU¡O EJTQPOJ
CMFT B USBW©T EFM IJTUPSJBM OKPVSOBMO
EF V\VWHPG Z QVEFO TFS DPOTVMUBEPT NFEJBOUF
MRXUQDOFWO WFB 4FDDJ³O  k&M TJTUFNB EF JOJDJP TZTUFNE{ Q¡HJOB  QBSB N¡T
EFUBMMFT


70-7&3 " -04 $*.*&/504 6O EFNPOJP FT VO QSPHSBNB RVF OP FT JOWPDBEP FYQM­DJUBNFOUF QPS FM VTVBSJP Z TF
%FNPOJP NBOUJFOF FO TFHVOEP QMBOP FTQFSBOEP RVF TF DVNQMB DJFSUB DPOEJDJ³O QBSB SFBMJ[BS
VOB UBSFB .VDIPT QSPHSBNBT EF TFSWJEPS TPO EFNPOJPT VO U©SNJOP RVF FYQMJDB
RVF MB MFUSB kE{ BQBSF[DB GSFDVFOUFNFOUF BM GJOBM EF TV OPNCSF VVKG VPWSG KWWSG
FUD


 &M NBOVBM EFM "ENJOJTUSBEPS EF %FCJBO


$V D SUHYHQWLYH RSHUDWLRQ WKH DGPLQLVWUDWRU VKRXOG UHJXODUO\ UHDG WKH PRVW UHOHYDQW VHUYHU
ORJV 7KH\ FDQ WKXV GLDJQRVH SUREOHPV EHIRUH WKH\ DUH HYHQ UHSRUWHG E\ GLVJUXQWOHG XVHUV ,Q
GHHG XVHUV PD\ VRPHWLPHV ZDLW IRU D SUREOHP WR RFFXU UHSHDWHGO\ RYHU VHYHUDO GD\V EHIRUH UH
SRUWLQJ LW ,Q PDQ\ FDVHV WKHUH DUH VSHFLILF WRROV WR DQDO\]H WKH FRQWHQWV RI WKH ODUJHU ORJ ILOHV
,Q SDUWLFXODU VXFK XWLOLWLHV H[LVW IRU ZHE VHUYHUV VXFK DV DQDORJ DZVWDWV ZHEDOL]HU IRU $SD
FKH IRU )73 VHUYHUV IRU SUR[\ FDFKH VHUYHUV IRU ILUHZDOOV IRU H PDLO VHUYHUV IRU '16 VHUYHUV
DQG HYHQ IRU SULQW VHUYHUV 2WKHU WRROV VXFK DV ORJFKHFN D VRIWZDUH GLVFXVVHG LQ &DStWXOR
©6HJXULGDGª SiJLQD VFDQ WKHVH ILOHV LQ VHDUFK RI DOHUWV WR EH GHDOW ZLWK

 1FEJEP EF BZVEB FO VOB MJTUB EF DPSSFP

6L VXV E~VTXHGDV QR OH D\XGDURQ D HQFRQWUDU OD UDt] GH XQ SUREOHPD HV SRVLEOH FRQVHJXLU D\X


GD GH RWUDV SHUVRQDV WDO YH] PiV H[SHULPHQWDGDV (VWH HV H[DFWDPHQWH HO SURSyVLWR GH OD OLVWD
GH FRUUHR GHELDQ XVHUV#OLVWV GHELDQ RUJ &RPR FRQ FXDOTXLHU FRPXQLGDG WLHQH UHJODV TXH GHEH
VHJXLU $QWHV GH KDFHU FXDOTXLHU SUHJXQWD GHEH UHYLVDU VL VX SUREOHPD \D IXH WUDWDGR HQ GLVFX
VLRQHV UHFLHQWHV HQ OD OLVWD R SRU FXDOTXLHU GRFXPHQWDFLyQ RILFLDO
➨ KWWSV ZLNL GHELDQ RUJ 'HELDQ0DLOLQJ/LVWV

➨ KWWSV OLVWV GHELDQ RUJ GHELDQ XVHU

70-7&3 " -04 $*.*&/504 &O HFOFSBM QBSB UPEB DPSSFTQPOEFODJB FO MJTUBT EF DPSSFP TF EFCF TFHVJS MBT SFHMBT
"QMJDB MB kOFUJRVFUB{ EF kOFUJRVFUB{ &TUF U©SNJOP TF SFGJFSF B VO DPOKVOUP EF SFHMBT EF TFOUJEP DPNºO
EFTEF DPSUFT­BT DPNVOFT B FSSPSFT RVF TF EFCFO FWJUBS
➨ KWWS WRROV LHWI RUJ KWPO UIF

.¡T BºO FO DVBMRVJFS DBOBM EF DPNVOJDBDJ³O HFTUJPOBEP QPS FM QSPZFDUP %FCJBO


TF FTU¡ TVKFUP BM $³EJHP EF $POEVDUB EF %FCJBO
➨ KWWSV ZZZ GHELDQ RUJ FRGHBRIBFRQGXFW

8QD YH] TXH VH KDQ FXPSOLGR HVWDV GRV FRQGLFLRQHV SXHGH SHQVDU HQ GHVFULELU VX SUREOHPD D
OD OLVWD GH FRUUHR ,QFOX\D WDQWD LQIRUPDFLyQ UHOHYDQWH FRPR OH VHD SRVLEOH SUXHEDV UHDOL]DGDV
GRFXPHQWDFLyQ FRQVXOWDGD FyPR LQWHQWy GLDJQRVWLFDU HO SUREOHPD ORV SDTXHWHV HQ FXHVWLyQ R
TXH SXHGDQ HVWDU LQYROXFUDGRV HWF 5HYLVH HO 6LVWHPD GH VHJXLPLHQWR GH HUURUHV GH 'HELDQ %76
GHVFULSWR HQ HO UHFXDGUR ©6LVWHPD GH VHJXLPLHQWR GH HUURUHVª SiJLQD SRU SUREOHPDV VLPLOD
UHV \ PHQFLRQH HO UHVXOWDGR GH GLFKD E~VTXHGD SURYH\HQGR HQODFHV D ORV HUURUHV HQFRQWUDGRV
(O %76 FRPLHQ]D HQ
➨ KWWS ZZZ GHELDQ RUJ %XJV LQGH[ KWPO

0LHQWUDV PiV FRUWpV \ SUHFLVR VHD PD\RU VHUi OD SRVLELOLGDG GH REWHQHU XQD UHVSXHVWD R DO PH
QRV DOJXQRV HOHPHQWRV GH UHVSXHVWD 6L UHFLEH LQIRUPDFLyQ UHOHYDQWH SRU SULYDGR FRQVLGHUH
UHVXPLU HVWD LQIRUPDFLyQ S~EOLFDPHQWH SDUD TXH RWURV VH EHQHILFLHQ (VWR SHUPLWH TXH ORV DU
FKLYRV GH OD OLVWD TXH VRQ EXVFDGRV SRU YDULRV PRWRUHV GH E~VTXHGD PXHVWUHQ OD UHVROXFLyQ D
RWURV TXH SXHGHQ WHQHU OD PLVPD SUHJXQWD

$BQ­UVMP  F 3FTPMVDJ³O EF QSPCMFNBT Z CºTRVFEB EF JOGPSNBDJ³O SFMFWBOUF 


 3FQPSUF EF VO FSSPS DVBOEP VO QSPCMFNB FT EFNBTJBEP EJG­DJM

6L IDOODQ WRGRV VXV HVIXHU]RV GH UHVROYHU XQ SUREOHPD HV SRVLEOH TXH GLFKD UHVROXFLyQ QR VHD VX
UHVSRQVDELOLGDG \ TXH HO SUREOHPD VH GHED D XQ HUURU HQ HO SURJUDPD (Q HVWH FDVR HO SURFH
GLPLHQWR DGHFXDGR HV UHSRUWDU HO HUURU D 'HELDQ R GLUHFWDPHQWH D ORV DXWRUHV RULJLQDOHV 3DUD
KDFHUOR DtVOH HO SUREOHPD WDQWR FRPR VHD SRVLEOH \ FUHH XQD VLWXDFLyQ GH SUXHEDV PtQLPD HQ OD
TXH VH OR SXHGD UHSURGXFLU 6L FRQRFH TXp SURJUDPD HV HO DSDUHQWH FXOSDEOH GHO SUREOHPD SXHGH
HQFRQWUDU HO SDTXHWH DO TXH FRUUHVSRQGH FRQ GSNJ 6 DUFKLYRBHQBFXHVWLµQ 5HYLVH HO 6LVWH
PD GH VHJXLPLHQWR GH HUURUHV I{QTCVHTEFCJBOPSHQBRVFUF SDUD DVHJXUDUVH TXH HO HUURU
QR IXH UHSRUWDGR DQWHULRUPHQWH /XHJR SXHGH HQYLDU VX SURSLR UHSRUWH GH HUURU XWLOL]DQGR OD
KHUUDPLHQWD UHSRUWEXJ LQFOX\HQGR WDQWD LQIRUPDFLyQ FRPR OH VHD SRVLEOH HVSHFLDOPHQWH XQD
GHVFULSFLyQ FRPSOHWD GH ORV FDVRV GH SUXHED PtQLPRV TXH OH SHUPLWLUiQ D FXDOTXLHUD UHSURGXFLU
HO HUURU
/RV HOHPHQWRV GH HVWH FDStWXOR VRQ XQ PHGLR GH UHVROYHU HIHFWLYDPHQWH ORV LQFRQYHQLHQWHV FRQ
ORV TXH VH SXHGH HQFRQWUDU HQ ORV SUy[LPRV FDStWXORV £8WLOtFHORV VLHPSUH TXH OR QHFHVLWH

 &M NBOVBM EFM "ENJOJTUSBEPS EF %FCJBO

You might also like