3urjudpdv 3urorj Sdud 3urfhvvdphqwr GH /LVWDV H $solfdzfarhv
3urjudpdv 3urorj Sdud 3urfhvvdphqwr GH /LVWDV H $solfdzfarhv
4390398
3UHIuFLR
D
,QWURGXzaR
FD
/LVWDV
%DFNWUDFNLQJ
3URJUDPDV
u
8OWLPR (OHPHQWR GH XPD /LVWD
'LYLGLU XPD /LVWD 1XPuULFD HP GXDV 6XEOLVWDV TXH &RQWHQKDP RV (OH
H
PHQWRV 0HQRUHV RX ,JXDLV H 0DLRUHV TXH XP 'DGR (OHPHQWR
2SHUDzRHV HP &RQMXQWRV
Fa
&ODVVLnFDzaR
FD
%XEEOHVRUW
,QVHUWLRQVRUW
4XLFNVRUW
LL
&RQFOXVaR
D
$SuQGLFH
H
LLL
3UHIuFLR
D
,QWURGXzaR
FD
GHFODUDzaR GH
FD
D UHVSHLWR GH REMHWRV GH GDGRV H VXDV UHODzRHV
Fa
GHnQLzaR GH
FD
D UHVSHLWR GH REMHWRV GH GDGRV H VXDV UHODzaHV
FR
LQWHUURJDzaR D UHVSHLWR GH REMHWRV GH GDGRV H VXDV UHODzRHV
FD
Fa
IDWRV
UHJUDV
-
-
FRQVWDQWHV
-
-
D
uWRPRV
YDULuYHLV
D
QuPHURV
X
u
$WRPRV SRGHP VHU FRQVWUXuGRV GH WUAV PDQHLUDV
r
H
FDGHLDV GH OHWUDV GuJLWRV H R FDUDFWHUH B FRPHzDQGR FRP XPD OHWUD PLQuVFXOD
r
F
X
3RU H[HPSOR [B\ PDULD FXUVRBGHB,$
FDGHLDV GH FDUDFWHUHV HVSHFLDLV WDLV FRPR !
2 XVR GH DWRPRV GHVWD IRUPD H[LJH DOJXP FXLGDGR XPD YH] TXH DOJXPD FDGHLD
u
GH FDUDFWHUHV HVSHFLDLV Mu WAP XP VLJQLnFDGR SUuGHnQLGR FRPR u R FDVR GR
D H
H
H
1uPHURV HP 3URORJ LQFOXHP QuPHURV LQWHLURV H QuPHURV UHDLV $ VLQWD[H GRV QuPHURV
X
X
X
X
LQWHLURV u EHP VLPSOHV FRPR SRU H[HPSOR
H
9DULuYHLV
D
(VWUXWXUDV RX REMHWRV HVWUXWXUDGRV VaR REMHWRV GH GDGRV TXH WAP YuULRV FRPSRQHQWHV
D
H
D
SRGHQGR FDGD XP GHOHV SRU VXD YH] VHU XPD HVWUXWXUD
3RU H[HPSOR XPD GDWD SRGH VHU YLVWD FRPR XPD HVWUXWXUD FRP WUAV FRPSRQHQWHV
H
GLD PAV H DQR (PERUD FRPSRVWDV SRU YuULRV FRPSRQHQWHV HVWUXWXUDV VaR WUDWDGDV QR
H
D
D
SURJUDPD FRPR REMHWRV VLPSOHV $ FRPELQDzaR GRV FRPSRQHQWHV HP XP REMHWR VLPSOHV
FD
u IHLWD DWUDYuV GH XP 1:3947
H
H
1R FDVR HVSHFu
rnFR GD GDWD R IXQWRU HVFROKLGR SRGH VHU SRU H[HPSOR GDWD H SRGHVH
HVFUHYHU D GDWD GH MXOKR GH FRPR
GDWDMXOKR
D
u
2V FRPSRQHQWHV MXOKR H VaR FRQVWDQWHV GRLV LQWHLURV H XP DWRPR
6LQWDWLFDPHQWH WRGRV RV REMHWRV GH GDGRV HP 3URORJ VaR WHUPRV 7DQWR MXOKR TXDQGR
D
GDWDMXOKR VaR WHUPRV
D
7RGRV REMHWRV HVWUXWXUDGRV SRGHP VHU UHSUHVHQWDGRV FRPR DUYRUHV FRPR PRVWUDGR QD
u
)LJXUD SDUD D HVWUXWXUD GDWDMXOKR
GDWD
G
G
-
G G
MXOKR
u
)LJXUH 5HSUHVHQWDzaR HP $UYRUH GD (VWUXWXUD GDWDMXOKR
FD
$ UDL] GD DUYRUH u R IXQWRU H RV nOKRV GD UDL] VaR RV FRPSRQHQWHV 6H XP FRPSRQHQWH
u
H
D
IRU WDPEuP XPD HVWUXWXUD HOH VHUu UHSUHVHQWDGR FRPR XPD VXEuUYRUH GD DUYRUH TXH
H
D
D
u
UHSUHVHQWD WRGD D HVWUXWXUD 7RGR REMHWR HVWUXWXUDGR HP 3URORJ u SRLV XPD DUYRUH
H
u
UHSUHVHQWDGD QR SURJUDPD SRU XP WHUPR 8P IXQWRU u GHnQLGR SRU
H
QRPH FXMD VLQWD[H u D PHVPD GH DWRPRV
H
u
/LVWDV
8PD GDV HVWUXWXUDV PDLV VLPSOHV HP 3URORJ u D HVWUXWXUD GH OLVWDV PXLWR FRPXP
H
HP SURJUDPDzaR QaR QXPuULFD (OD u XPD VHTAQFLD RUGHQDGD GH HOHPHQWRV H SRGH
FD D
H
H
XH
u XPD VHTAQFLD RUGHQDGD QR VHQWLGR GH TXH D RUGHP
WHU TXDOTXHU FRPSULPHQWR (
XH
GRV HOHPHQWRV QD VHTAQFLD u LPSRUWDQWH LVWR u SRGHVH ID]HU UHIHUAQFLD DR SULPHLUR
XH
H
H
H
HOHPHQWR DR LuVLPR RX DR XOWLPR HOHPHQWR GH XPD OLVWD
H
u
&RPR FRPHQWDGR DQWHULRUPHQWH WRGRV RV REMHWRV HVWUXWXUDGRV HP 3URORJ VaR DUYRUHV
D u
OLVWDV QaR IRJHP D UHJUD
D
t
u
$ FDEHzD GH XPD OLVWD SRGH VHU TXDOTXHU REMHWR 3URORJ WDO FRPR XPD DUYRUH RX XPD
F
F
D
OLVWD YD]LD H D FDXGD GHYH VHU XPD OLVWD $ FDEHzD H D FDXGD VaR FRPELQDGDV QXPD
HVWUXWXUD DWUDYuV GH XP IXQWRU HVSHFLDO (VWH IXQWRU GHSHQGH GD LPSOHPHQWDzaR 3URORJ
H
FD
JHUDOPHQWH WDO IXQWRU u R SRQWR
H
&DEHFD&DXGD
'HVGH TXH &DXGD SRU VXD YH] u XPD OLVWD HOD RX u D OLVWD YD]LD RX WHP VXD SUuSULD
H
H
R
FDEHzD H FDXGD
F
u
( LPSRUWDQWH QRWDU TXH D QRWDzaR XWLOL]DQGR R IXQWRU SRGH SURGX]LU H[SUHVVaHV GLIu
FD
R
rFHLV
GH VHUHP HQWHQGLGDV 3RU HVWD UD]aR 3URORJ IRUQHFH XPD QRWDzaR DOWHUQDWLYD SDUD OLVWDV
D
FD
R TXH SRVVLELOLWD XPD OLVWD VHU HVFULWD FRPR XPD VHTXAQFLD GH LWHQV HQWUH FRQFKHWHV
H
1D QRWDzaR XWLOL]DQGR FROFKHWHV D OLVWD YD]LD u GHQRWDGD SRU >@ D OLVWD TXH WHP FDEHzD
FD
H
F
; H FDXGD < u GHQRWDGD SRU >;_<@ 'HQWUR GD OLVWD RV HOHPHQWRV VaR VHSDUDGRV SRU
H
D
Yu
rUJXODV 3RU H[HPSOR
/LVWD
>JRVWRGHYLQKR@
>>@>@@
>;<_=@
>>RJDWR@@
&DEHzD
F
JRVWR
>@
;
>RJDWR@
&DXGD
>GHYLQKR@
>>@@
><_=@
>@
u
( LPSRUWDQWH QRWDU FRQWXGR TXH R XVR GH FROFKHWHV u DSHQDV XPD PHOKRULD QRWDFLRQDO
H
SRLV LQWHUQDPHQWH OLVWDV VaR UHSUHVHQWDGDV FRPR DUYRUHV ELQuULDV FRPR PRVWUDGR QDV
D
u
D
)LJXUDV H
4XHP SURJUDPD HP 3URORJ SRGH XVDU DPEDV QRWDzaHV HQWUHWDQWR D QRWDzaR XVDQGR
FR
FD
FROFKHWHV u QRUPDOPHQWH SUHIHULGD SRU VHU PDLV VLPSOHV _ HOD u DSHQDV XPD PHOKRULD
H
H
QRWDFLRQDO XPD YH] TXH LQWHUQDPHQWH OLVWDV VaR UHSUHVHQWDGDV FRPR DUYRUHV ELQuULDV
D
u
D
-
JRVWR
-
-
G
-
GH
-
G
-
YLQKR
> @
u
)LJXUH 5HSUHVHQWDzaR HP $UYRUH GD /LVWD >JRVWRGHYLQKR@
FD
G
-
-
G
-
-
G
-
-
-
G
-
-
G
> @
> @
u
)LJXUH 5HSUHVHQWDzaR HP $UYRUH GD /LVWD >DYE>[\@@
FD
8QLnFDzaR HP /LVWDV
FD
VH
$ u LQVWDQFLDGR
H
>DDDDQ@
UHVXOWD QD VXEVWLWXLzDR
Fa
H QD VXEVWLWXLzDR
Fa
^;D<>@` VH Q
$ VHJXLU VaR PRVWUDGRV YuULRV H[HPSORV GH XQLnFDzaR GH OLVWDV 6HPSUH TXH KRXYHU
D
D
FD
GuYLGD FRP UHODzaR D XQLnFDzaR GH WHUPRV 3URORJ GHYH VHU LQWHUURJDGR FRP
X
FD t
FD
" 7HUPR
7HUPR
3RU H[HPSOR
/LVWD
/LVWD
>DEFG@
>;<_=@
>>DQD<@_=@
>>;IRL@>DRFLQHPD@@
>DQRELVVH[WR@
>;<_=@
>DQRELVVH[WR@
>GDWD=:KRMH@
>;<=@
>;_<@
>PHVD@
8QLnFDzaR
FD
>;_<@
;PHVD
<> @
;D
<E
=>FG@
;DQD
<IRL
=>>DRFLQHPD@@
;DQR
<ELVVH[WR
=>@
QaR XQLnFD
D
;GDWD=:
<KRMH
;:
<
=KRMH
%XVFD 5HFXUVLYD
)UHTXHQWHPHQWH u QHFHVVuULR SURFXUDU SRU DOJXP WHUPR TXH ID] SDUWH GH XPD HVWUXWXUD
H
D
3URORJ LVWR UHVXOWD HP XPD EXVFD UHFXUVLYD &RPR H[HPSOR FRQVLGHUH D OLVWD GRV
QRPHV GRV nOKRV GH -uSLWHU UHL GH 2OLPSR H GH VXD HVSRVD -XQR ,OuWLD 0DUWH +HEH
X
r
H 9XOFDQR
>LOLWLDPDUWHKHEHYXOFDQR@
3DUD YHULnFDU VH XP GDGR QRPH HVWu QXPD OLVWD GHYHVH YHULnFDU VH HOH u D FDEHzD GD
D
H
F
OLVWD RX VH HOH HVWu QD FDXGD GD OLVWD 6H R nQDO GD OLVWD IRU DWLQJLGR VLJQLnFD TXH D
D
EXVFD QaR IRL EHP VXFHGLGD
D
3DUD HVFUHYHU R SURJUDPD 3URORJ TXH YHULnFD VH XP HOHPHQWR ID] SDUWH GH XPD OLVWD
GHYHVH GHFLGLU TXDO R QRPH GD UHODzaR HQWUH R HOHPHQWR H D OLVWD GH HOHPHQWRV &KD
FD
H
D
PDQGR HVWD UHODzaR GH SHUWHQFH u DJRUD QHFHVVuULR GHnQLU R SURJUDPD SHUWHQFH;<
FD
TXH VHUu EHP VXFHGLGR VH ; IRU XP GRV HOHPHQWRV GD OLVWD < 2 QuPHUR GH DUJXPHQWRV
D
X
GH XPD UHODzDR DTXL UHIHUHQFLDGD FRPR SUHGLFDGR RX SURJUDPD 3URORJ u GHQRPLQDGR
Fa
H
DULGDGH $VVLP R SUHGLFDGR DFLPD SRGH VHU UHIHUHQFLDGR FRPR SHUWHQFH
$ SULPHLUD FRQGLzDR TXH HVSHFLnFD TXH R HOHPHQWR ; SHUWHQFH D OLVWD TXH R WHP FRPR
Fa
t
FDEHzD SRGH VHU HVFULWD FRPR
F
SHUWHQFH;>;_B@
RQGH D YDULuYHO DQAQLPD B u XVDGD SDUD UHSUHVHQWDU D FDXGD GD OLVWD XPD YH] TXH
D
R
H
QaR Ku LQWHUHVVH HP VDEHU TXDO u HVWD FDXGD 2 XVR GD YDULuYHO DQAQLPD QaR DSHQDV
D D
H
D
R
D
WRUQD RV SURJUDPDV PDLV OHJuYHLV FRPR WDPEuP HP DOJXQV FDVRV HYLWD TXH R LQWHUSUH
r
H
u
WDGRU RX FRPSLODGRU 3URORJ UHDOL]H WDUHIDV GHVQHFHVVuULDV ( LPSRUWDQWH HQWHQGHU EHP
D
HVWH FRQFHLWR XPD YDULuYHO DQAQLPD SRGH H GHYH VHU XVDGD TXDQGR u WHQWDGD XPD
D
R
H
XQLnFDzDR PDV QaR Ku QHFHVVLGDGH GH TXH 3URORJ OHPEUH DV LQVWDQFLDzaHV GDV YDULuYHLV
Fa
D
D
FR
D
GHVWD XQLnFDzDR
Fa
9ROWDQGR DR H[HPSOR D VHJXQGD FRQGLzaR TXH HVSHFLnFD TXH R HOHPHQWR ; SHUWHQFH D
FD
t
OLVWD FDVR HOH SHUWHQzD D VXD FDXGD SRGH VHU HVFULWD FRPR
F t
SHUWHQFH;>;_B@
SHUWHQFH;>B_<@ SHUWHQFH;<
$SuV D GHnQLzaR GR SURJUDPD u SRVVu
R
FD
H
rYHO LQWHUURJuOR 3RU H[HPSOR
D
SHUWHQFH;>DEF@
D !
E !
F !
DUJ!
LQVWDQFLDGR
LQVWDQFLDGR
OLYUH
OLYUH
&RQWUAOH GR 5HWURFHVVR _
R
SHUWHQFHDUJ!DUJ!
VLP
VLP
QaR
D
QaR
D
%DFNWUDFNLQJ
I [
! VH [
! VH [ M H [
VH [ M
I; ;
I; ; ;
I; ;
YHUVDR
I[
I; ;
YHUVDR
I; ; ;
I; ;
6H D PHVPD LQWHUURJDzDR DQWHULRU IRU IHLWD R SURJUDPD LUu IDOKDU QD WHQWDWLYD GH SURYDU
Fa
D
1HVVD VHJXQGD YHUVaR GR SURJUDPD R 3URORJ LUu WHQWDU R UHWURFHVVR PDV QaR DOuP GR
D
D
D
H
SRQWR PDUFDGR FRP RX VHMD DV GXDV FOuXVXODV DOWHUQDWLYDV QaR VHUaR DWLYDGDV ,VWR
D
D
D
ID] FRP TXH D YHUVaR VHMD PDLV HnFLHQWH
D
6H RV FRUWHV IRUHP UHPRYLGRV GR SURJUDPD HOH FRQWLQXDUu DLQGD SURGX]LQGR RV PHVPRV
D
UHVXOWDGRV 1HVWH FDVR HP SDUWLFXODU D LQWURGXzaR GRV FRUWHV PXGRX DSHQDV R VLJQLn
FD
FDGR SURFHGXUDO GR SURJUDPD _ R VHX VLJQLnFDGR GHFODUDWLYR SHUPDQHFHX R PHVPR
1D OLWHUDWXUD XP FRUWH FRP WDLV FDUDFWHUu
rVWLFDV u FRQKHFLGR FRPR FRUWH YHUGH _ VXD
H
DGLzDR RX UHPRzDR QaR DIHWD R VLJQLnFDGR GR SURJUDPD 1D OHLWXUD GH XP SURJUDPD
Fa
Fa
D
3URORJ RV FRUWHV YHUGHV SRGHP VHU LJQRUDGRV
3RU RXWUR ODGR H[LVWHP WDPEuP RV FKDPDGRV FRUWHV YHUPHOKRV TXH DIHWDP R VLJQLnFDGR
H
GHFODUDWLYR GH XP SURJUDPD (OHV WRUQDP XP SURJUDPD GLIu GH VHU HQWHQGLGR H GHYHP
rFLO
VHU XVDGRV FXLGDGRVDPHQWH $ LQWURGXzaR H D UHPRzaR GH XP FRUWH YHUPHOKR HP XP
FD
FD
SURJUDPD PXGDP R VLJQLnFDGR GR SURJUDPD FRPR u PRVWUDGR D VHJXLU
H
I[
[
HQWaR I [
D
EI FDVR FRQWUuULR VH
D
[
HQWaR I [
D
FDVR FRQWuULR I [
D
YHUVDR
(VWH SURJUDPD SURGX] RV PHVPRV UHVXOWDGRV H u DLQGD PDLV HnFLHQWH TXH D YHUVaR
H
D
(QWUHWDQWR D LQWURGXzaR GRV FRUWHV DOWHURX R VLJQLnFDGR GHFODUDWLYR GR SURJUDPD XPD
FD
YH] TXH VH HOHV IRUHP UHWLUDGRV R SURJUDPD SURGX] VROXzaHV QaR FRUUHWDV
FR
D
D
D
6HMD R SURJUDPD SHUWHQFH TXH HVWDEHOHFH VH XP HOHPHQWR HVWu RX QaR HP XPD OLVWD
SHUWHQFH;>;_B@
SHUWHQFH;>B_<@ SHUWHQFH;<
(VVD YHUVaR GR SHUWHQFH u QaR GHWHUPLQuVWLFD H SHUFRUUH WRGD D OLVWD 3RU H[HPSOR VH
D
H D
r
XP GDGR HOHPHQWR RFRUUH YuULDV YH]HV QD OLVWD HQWaR WRGDV VXDV RFRUUAQFLDV SRGHP
D
D
H
VHU HQFRQWUDGDV DWUDYuV GR UHWURFHVVR (QWUHWDQWR VH R LQWHUHVVH IRU R GH VLPSOHVPHQWH
H
YHULnFDU VH R HOHPHQWR SHUWHQFH D OLVWD RX VHMD HQFRQWUDU D VXD SULPHLUD RFRUUAQFLD
t
H
EDVWD HYLWDU R UHWURFHVVR DVVLP TXH D SULPHLUD FOuXVXOD IRU EHP VXFHGLGD $ YHUVaR
D
D
GHWHUPLQu
rVWLFD GR SURJUDPD u
H
SHUWHQFHBGHWHUPLQLVWLFR(OHP>(OHP_B@
SHUWHQFHBGHWHUPLQLVWLFR(OHP>B_&DXGD@
SHUWHQFHBGHWHUPLQLVWLFR(OHP&DXGD
(VWH SURJUDPD TXDQGR LQWHUURJDGR LUu IRUQHFHU DSHQDV XPD VROXzaR 3RU H[HPSOR
D
FD
" SHUWHQFHBGHWHUPLQLVWLFR(OHP>DEFGHI@
(OHP D
QR
0RGRV GH &KDPDGD
( LPSRUWDQWH REVHUYDU TXH VH R SULPHLUR DUJXPHQWR GHVWH SURJUDPD QaR HVWLYHU LQVWDQFLDGR R
D
SURJUDPD VLPSOHVPHQWH HQFRQWUD R SULPHLUR HOHPHQWR GD OLVWD
2 24/4 GH FKDPDGD DSUHVHQWDGR DQWHV GH FDGD SURJUDPD HVWu SURQWR SDUD VHU LQVHULGR FRPR
D
FRPHQWuULR GR SURJUDPD FRUUHVSRQGHQWH UD]aR SHOD TXDO DV SDODYUDV DSDUHFHP VHP DFHQWXDzDR
D
D
Fa
DUJL!
DUJL!
DUJL!
"
VH
VH
VH
DUJL!
DUJL!
DUJL!
$VVLP RV SRVVu
rYHLV PRGRV GH FKDPDGD GR SURJUDPD
PRGR
PRGR
QRWDGR SRU
PRGR"
'HYH VHU UHVVDOWDGR TXH GHSHQGHQGR GR FRQWH[WR HP TXH R SURJUDPD
SHUWHQFH u XVDGR
H
u SRVVu
H
rYHO XVDU RV RXWURV PRGRV GH FKDPDGDV FRP ?LQnQLWDV VROXzaHV 3UHWHQGHVH DTXL
FR
VLPSOHVPHQWH GHWHUPLQDU R PRGR GH FKDPDGD GRV SURJUDPDV D nP GH DVVHJXUDU DSuV
R
UHWURFHVVR _ EDFNWUDNLQJ _ XP QuPHUR nQLWR GH UHVSRVWDV
X
1DV SUu[LPDV VHzaHV VaR PRVWUDGRV YuULRV SURJUDPDV EuVLFRV SDUD SURFHVVDPHQWR GH
R
FR
D
D
D
OLVWDV EHP FRPR VHXV PRGRV GH FKDPDGD H H[HPSORV GH H[HFXzaR
FD
3URJUDPDV
VH
(OHP u R
H
>B_&DXGD@
&DXGD
VHMD D OLVWD
FDXGD
VH
(OHP
(OHP
SHUWHQFH D OLVWD
t
(OHP
GHYH SHUWHQFHU D
t
SHUWHQFH(OHP>(OHP_B@
SHUWHQFH(OHP>B_&DXGD@ SHUWHQFH(OHP&DXGD
([HPSOR
PRGR
([HPSOR
PRGR
u
8OWLPR (OHPHQWR GH XPD /LVWD
PRGR"
XOWLPRDUJ!DUJ!
DUJ! OLVWD
DUJ! HOHPHQWR
XOWLPR>(OHP@(OHP
XOWLPR>B_&DXGD@(OHP XOWLPR&DXGD(OHP
([HPSOR
PRGR
([HPSOR
PRGR
FRQVHFXWLYRV((>((_B@
FRQVHFXWLYRV((>B_ &DXGD@
FRQVHFXWLYRV((&DXGD
([HPSOR
PRGR
" FRQVHFXWLYRVDE>GHIJDE@
\HV
([HPSOR
PRGR
"FRQVHFXWLYRV;<>GHIJDEJ@
; G
< H !
; H
< I !
; I
< J !
; J
< D !
; D
< E !
; E
< J !
QR
VRPD>@
VRPD>(OHP_&DXGD@6 VRPD&DXGD6
6 LV 6(OHP
3RGH VHU REVHUYDGR TXH HPERUD VHMD ORJLFDPHQWH HTXLYDOHQWH HVFUHYHU D VHJXQGD FOuXVXOD
D
FRPR
([HPSOR
PRGR
QBHVLPR(OHP>(OHP_B@
QBHVLPR1(OHP>B_&DXGD@ QBHVLPR0(OHP&DXGD
1 LV 0
([HPSOR
PRGR
([HPSOR
PRGR
QRBHOHPHQWRV>@
QRBHOHPHQWRV>(OHP_&DXGD@1 QRBHOHPHQWRV&DXGD1
1 LV 1
([HPSOR
PRGR
QRBHOHPHQWRV>XPGRLVWUHVTXDWUR@1
1 !
QR
SHJDU>@B>@
SHJDU>0_1@/>;_<@ QBHVLPR0;/
SHJDU1/<
([HPSOR
PRGR
VH R HOHPHQWR (OHP IRU D FDEHzD GD OLVWD HQWaR R UHVXOWDGR VHUu D FDXGD GD OLVWD
F
D
D
VH R HOHPHQWR (OHP SHUWHQFH D FDXGD &DXGD UHWLUDU (OHP GH &DXGD
t
UHWLUDUBHOHPHQWR(OHP>(OHP_&DXGD@&DXGD
UHWLUDUBHOHPHQWR(OHP>(OHP_&DXGD@>(OHP_&DXGD@
UHWLUDUBHOHPHQWR(OHP&DXGD&DXGD
([HPSOR
PRGR
"
;
/
;
/
;
/
;
/
;
/
;
/
QR
UHWLUDUBHOHPHQWR;>DEDGHI@/
D
>EDGHI@ !
E
>DDGHI@ !
D
>DEGHI@ !
G
>DEDHI@ !
H
>DEDGI@ !
I
>DEDGH@ !
([HPSOR
PRGR
UHWLUDUBWRGDVB>@>@
UHWLUDUBWRGDV(OHP>(OHP_&DXGD@/
UHWLUDUBWRGDV(OHP&DXGD/
UHWLUDUBWRGDV(OHP>(OHP_&DXGD@>(OHP_&DXGD@
(OHP ? (OHP
UHWLUDUBWRGDV(OHP&DXGD&DXGD
'HYH VHU REVHUYDGR TXH R 3URORJ SRVVXL YuULRV WLSRV GH LJXDOGDGH HQWUH WHUPRV $Wu
D
H
DJRUD IRL LQWURGX]LGD D LJXDOGDGH EDVHDGD HP XQLnFDzDR HVFULWD FRPR ; < TXH u
Fa
H
YHUGDGH VH ; H < XQLnFDP
2XWUR WLSR GH LJXDOGDGH Mu XWLOL]DGD u ; LV < TXH u YHUGDGH VH R YDORU GD H[SUHVVaR
D
H
H
D
DULWPuWLFD < XQLnFD FRP ;
H
$OJXPDV YH]HV u GH LQWHUHVVH XP WLSR GH LJXDOGDGH HVWULWD HQWUH GRLV WHUPRV GHQRPLQDGD
H
(VWH WLSR GH LJXDOGDGH HVWu LPSOHPHQWDGD FRPR XP RXWUR SUHGLFDGR
D
SUuGHnQLGR HVFULWR FRPR XP RSHUDGRU LQn[R ; < TXH u YHUGDGH VH RV WHUPRV
H
H
; H < VaR LGAQWLFRV RX VHMD WAP H[DWDPHQWH D PHVPD HVWUXWXUD H VHXV FRPSRQHQWHV
D H
H
FRUUHVSRQGHQWHV QD HVWUXWXUD WDPEuP VaR LGAQWLFRV (P SDUWLFXODU GHYH VHU UHVVDOWDGR
H D H
TXH RV QRPHV GDV YDULuYHLV GHYHP VHU RV PHVPRV 3RU H[HPSOR
D
LJXDOGDGH OLWHUDO
JRVWDPDULD;
JRVWDPDULDMRVH
JRVWD<MRVH
$ UHODzDR FRPSOHPHQWDU D
Fa
t
" ; ?
\HV
<
([HPSOR
JRVWD<MRVH
PRGR
UHWLUDU RV HOHPHQWRV UHSHWLGRV GH XPD OLVWD >(OHP_&DXGD@ VLJQLnFD FULDU XPD QRYD
OLVWD TXH SRVVXD VRPHQWH XP HOHPHQWR (OHP H VXD FDXGD QaR WHQKD HOHPHQWRV
D
UHSHWLGRV
UHWLUDUBUHS>@>@
UHWLUDUBUHS>(OHP_&DXGD@>(OHP_&DXGD@
UHWLUDUBWRGDV(OHP&DXGD/LVWD
UHWLUDUBUHS/LVWD&DXGD
([HPSOR
PRGR
"UHWLUDUBUHS>DEDEDEDDED@/
/ >DE@ !
QR
([HPSOR
PRGR
"UHWLUDUBUHS>DEFGDDD@>DEFG@
\HV
"UHWLUDUBUHS>DEDEDEF@>FED@
QR
8P HOHPHQWR SRGH VHU LQVHULGR HP XPD OLVWD FRPR SULPHLUR HOHPHQWR GD OLVWD RX HQWaR
D
HP TXDOTXHU RXWUD SRVLzaR GD OLVWD ,VWR Gu RULJHP D GXDV SRVVu
FD
D
rYHLV LPSOHPHQWDzaHV
FR
YLVWDV D VHJXLU
LQVHULUB(OHP/LVWD>(OHP_/LVWD@
([HPSOR
PRGR
LQVHULU XP HOHPHQWR (OHP QD OLVWD /LVWD VLJQLnFD HQFRQWUDU XPD QRYD OLVWD /LVWD
GD TXDO UHWLUDQGRVH R HOHPHQWR (OHP REWuPVH D OLVWD /LVWD
H
LQVHULUB(OHP/LVWD/LVWD
UHWLUDUBHOHPHQWR(OHP/LVWD/LVWD
([HPSOR
"
/
/
/
/
QR
LQVHULUBDQD>SHGURPDULDMRVH@/
>DQDSHGURPDULDMRVH@ !
>SHGURDQDPDULDMRVH@ !
>SHGURPDULDDQDMRVH@ !
>SHGURPDULDMRVHDQD@ !
([HPSOR
"
;
<
;
<
;
<
;
<
QR
0RGR
PRGR
LQVHULUB;<>@
>@ !
>@ !
>@ !
>@ !
VXEVWLWXL;<>@>@
VXEVWLWXL;<>;_/@><_/@ VXEVWLWXL;<//
VXEVWLWXL;<>=_/@>=_/@ ; ? =
VXEVWLWXL;<//
([HPSOR
PRGR
GXSOLFD>@>@
GXSOLFD>;_/@>;;_/@ GXSOLFD//
([HPSOR
PRGR
(OHP
&DXGD
R 3HUPXWDU &DXGD
x
R LQVHULU (OHP
x
REWHQGR XPD
SHUPXWDzaR GH
FD
>(OHP&DXGD@
&DXGD
&DXGD SHUPXWDzaR
FD
GH &DXGD
SHUPXWDFDR>@>@
SHUPXWDFDR>(OHP_&DXGD@/LVWDBSHUP
SHUPXWDFDR&DXGD&DXGD
LQVHULUB(OHP&DXGD/LVWDBSHUP
([HPSOR
"
/
/
/
/
/
/
QR
PRGR
SHUPXWDFDR>FDVDFDVWHORSDODFLR@/
>FDVDFDVWHORSDODFLR@ !
>FDVWHORFDVDSDODFLR@ !
>FDVWHORSDODFLRFDVD@ !
>FDVDSDODFLRFDVWHOR@ !
>SDODFLRFDVDFDVWHOR@ !
>SDODFLRFDVWHORFDVD@ !
FRQFDWHQDU>@/LVWD/LVWD
FRQFDWHQDU>(OHP_/LVWD@/LVWD>(OHP_/LVWD@
FRQFDWHQDU/LVWD/LVWD/LVWD
([HPSOR
PRGR
([HPSOR
PRGR
&RP HVWH PRGR GH FKDPDGD R SURJUDPD u XVDGR SDUD GHFRPSRU XPD OLVWD HP GXDV
H
OLVWDV
" FRQFDWHQDU//>DQDSHGURPDULDMRVH@
/ >@
/ >DQDSHGURPDULDMRVH@ !
/
/
/
/
/
/
/
/
QR
>DQD@
>SHGURPDULDMRVH@ !
>DQDSHGUR@
>PDULDMRVH@ !
>DQDSHGURPDULD@
>MRVH@ !
>DQDSHGURPDULDMRVH@
>@ !
6XE u VXEOLVWD GD OLVWD /LVWD VH /LVWD SRGH VHU GHFRPSRVWD HP GXDV OLVWDV / H
H
/ H / SRU VXD YH] SRGH VHU GHFRPSRVWD HP GXDV RXWUDV OLVWDV 6XE H / FRPR
PRVWUD D )LJXUD D VHJXLU
/LVWD
/
6XE
/
/
([HPSOR
"
;
;
;
;
;
;
;
;
;
;
;
QR
PRGR
VXEOLVWD;>DEFG@
>@
>D@ !
>DE@ !
>DEF@ !
>DEFG@ !
>@ !
>E@ !
>EF@ !
>@ !
>F@ !
>@ !
6aR DSUHVHQWDGDV D VHJXLU GXDV LPSOHPHQWDzaHV SDUD LQYHUWHU XPD GDGD OLVWD D VHJXQGD
D
FR
GHODV u D TXH GHYH VHU HIHWLYDPHQWH XWLOL]DGD SRU VHU D PDLV HnFLHQWH
H
PRGR"
LQYHUWHUBYDUJ!DUJ!
DUJ! OLVWD
DUJ! OLVWD LQYHUWLGD
D OLVWD LQYHUWLGD GD OLVWD YD]LD u D OLVWD YD]LD
H
D OLVWD LQYHUWLGD GD OLVWD >(OHP_&DXGD@ u REWLGD LQYHUWHQGRVH &DXGD H FRQFDWH
H
QDQGR R UHVXOWDGR FRP D OLVWD >(OHP@
LQYHUWHUBY>@>@
LQYHUWHUBY>(OHP_&DXGD@/LVWD
LQYHUWHUBY&DXGD&DXGD
FRQFDWHQDU&DXGD>(OHP@/LVWD
([HPSOR
PRGR
2 SURJUDPD LQY YDL DFXPXODQGR HOHPHQWR D HOHPHQWR GD OLVWD GDGD QD OLVWD DFXPX
ODGRU 4XDQGR D OLVWD YD]LD IRU REWLGD QR DFXPXODGRU HVWu D OLVWD LQYHUWLGD VLWXDzaR
D
FD
WUDWDGD SHOD SULPHLUD FOuXVXOD GH LQY TXH LQVWDQFLD D OLVWD LQYHUWLGD _ WHUFHLUR
D
DUJXPHQWR _ FRP R DFXPXODGRU _ VHJXQGR DUJXPHQWR
$ WDEHOD DEDL[R PRVWUD DSUR[LPDGDPHQWH R WHPSR XVDGR SRU DPERV RV SURJUDPDV
SDUD LQYHUWHU OLVWDV GH GLYHUVRV WDPDQKRV $V PHGLGDV IRUDP UHDOL]DGDV VRE R LQWHUSUH
WDGRU 3URORJ XVDQGR XP PLFUR FRPSXWDGRU 3&$7 FRPSDWuYHO
r
1R (OHPHQWRV
LQYHUWHU Y
W
W
W
LQYHUWHU Y
W
W
W
([HPSOR
PRGR
([HPSOR
PRGR
HKBOLVWD>@
HKBOLVWD; QRW YDU;
QRW DWRPLF;
RQGH YDU H DWRPLF VaR SUHGLFDGRV SUuGHnQLGRV GH 3URORJ 2 SUHGLFDGR YDU; u
D
H
H
EHP VXFHGLGR VH ; IRU XPD YDULuYHO QaR LQVWDQFLDGD DWRPLF; u EHP VXFHGLGR VH ;
D
D
H
IRU XP WLSR GH GDGR DWAPLFR
R
([HPSOR
PRGR
([HPSOR
PRGR
" HKBOLVWD;
QR
DFKDWDU>@>@
DFKDWDU>&DE_&DXG@/LVWD$
OLVWD&DE
DFKDWDU&DE&DE$
DFKDWDU&DXG&DXG$
FRQFDWHQDU&DE$&DXG$/LVWD$
DFKDWDU>&DE_&DXG@>&DE_&DXG$@ QRW OLVWD&DE
DFKDWDU&DXG&DXG$
([HPSOR
PRGR
u
2 SUHGLFDGR UHSUHVHQWDGR SHOR VuPEROR FKDPDVH XQLY ( XPD PHWD TXH u EHP
r
H
VXFHGLGD VH VHX SULPHLUR DUJXPHQWR u XPD HVWUXWXUD H VHX VHJXQGR DUJXPHQWR u XPD
H
H
OLVWD TXH WHP FRPR FDEHzD R IXQWRU GD HVWUXWXUD H FRPR FDXGD RV DUJXPHQWRV GD
F
HVWUXWXUD *HUDOPHQWH u XVDGR SDUD WUDQVIRUPDU XPD OLVWD HP XPD HVWUXWXUD RX XPD
H
HVWUXWXUD HP XPD OLVWD 3RU H[HPSOR
" ; >DEF@
; DEF !
QR
" IJFE /
/ >IJFE@ !
QR
&RQVLGHUDQGR D FOuXVXOD
D
PDLRU;< ; ! <
HOH SRGH VHU XWLOL]DGR SDUD FULDU XPD QRYD OLVWD FRP D SURSULHGDGH GHnQLGD SRU GHVORF
" PDSGHVORF>@/
/ >@ !
QR
WDE, u XP
H
([HPSOR
PRGR
" LPSULPLU >D>E>F>G>H@I@J@K@L@
D
E
F
G
H
I
J
K
L
\HV
"LPSULPLU>DEF>GHI@JKL@
D
E
F
G
H
I
J
K
L
\HV
2SHUDzaHV HP &RQMXQWRV
FR
/LVWDV SRGHP VHU XVDGDV SDUD UHSUHVHQWDU FRQMXQWRV PXLWR HPERUD H[LVWDP GLIHUHQzDV
F
HQWUH RV GRLV FRQFHLWRV Mu TXH D RUGHP GRV HOHPHQWRV GH XP FRQMXQWR QaR u LPSRUWDQWH
D
D H
HQTXDQWR TXH OLVWD u XP FRQMXQWR RUGHQDGR GH HOHPHQWRV 8PD RXWUD GLIHUHQzD u TXH
H
F H
XP PHVPR HOHPHQWR SRGH DSDUHFHU YuULDV YH]HV HP XPD OLVWD IDWR TXH QaR DFRQWHFH
D
D
HP FRQMXQWRV
7HQGR HP FRQWD HVWDV GLIHUHQzDV u SRVVuYHO UHSUHVHQWDU FRQMXQWRV XVDQGR D HVWUXWXUD
F H
r
GH OLVWD $OJXQV GRV SURJUDPDV TXH IRUDP GHnQLGRV DQWHULRUPHQWH VaR DSOLFuYHLV D
D
D
RSHUDzaHV HP FRQMXQWRV (QWUH HOHV
FR
G
G
1D GHVFULzaR GRV DUJXPHQWRV GRV SURJUDPDV TXH VH VHJXHP H TXH WDPEuP PDQLSXODP
FD
H
FRQMXQWRV RV DUJXPHQWRV LGHQWLnFDGRV SRU FRQMXQWR VaR FRQMXQWRV UHSUHVHQWDGRV SRU
D
OLVWDV
D LQWHUVHFzaR HQWUH GRLV FRQMXQWRV u QaR YD]LD VH H[LVWH DOJXP HOHPHQWR TXH
FD
H D
SHUWHQzD D DPERV
F
([HPSOR
PRGR
3RGHVH HVFUHYHU HVWH SURJUDPD HP IXQzDR GR SURJUDPD DQWHULRU FRP R PHVPR PRGR
Fa
GH FKDPDGD Mu TXH
D
GRLV FRQMXQWRV VaR GLVMXQWRV VH QaR WAP HOHPHQWRV FRPXQV
D
D H
([HPSOR
PRGR
"FRQMBGLVMXQWRV>DEFG@>GFED@
QR
FRQMBLJXDLV>@>@
FRQMBLJXDLV>;_/@/ UHPRYHU;//
FRQMBLJXDLV//
UHPRYHU;>;_<@<
UHPRYHU;>B_/@>B_/@ UHPRYHU;//
([HPSOR
PRGR
([HPSOR
PRGR
LQWHUVHFBFRQM>@B>@
LQWHUVHFBFRQM>&DE_&DXGD@/>&DE_8@
SHUWHQFH&DE/
LQWHUVHFBFRQM&DXGD/8
LQWHUVHFBFRQM>B_&DXGD@/8 LQWHUVHFBFRQM&DXGD/8
([HPSOR
PRGRB
([HPSOR
PRGR
FRQMBGLIHUHQFD//'
ILQGDOO;SHUWHQFH;/QRW SHUWHQFH;/'
ILQGDOO<SHUWHQFH</QRW SHUWHQFH</'
XQLDRBFRQM'''
2 SUHGLFDGR SUuGHnQLGR ILQGDOO u PXLWR SRGHURVR (OH FROHFLRQD HP XPD OLVWD RV
H
H
UHVXOWDGRV GH XPD FRQVXOWD 3RU H[HPSOR
([HPSOR
PRGR
EDJRI9DUV0/
H
VHWRI9DUV0/
2 SUHGLFDGR 3URORJ SUuGHnQLGR EDJRI7HUPR0HWD%DJ FROHFLRQD HP XPD OLVWD
H
_ %DJ _ WRGDV DV LQVWAQFLDV GH XP WHUPR _ 7HUPR _ SDUD DV TXDLV XPD HVSHFu
D
rnFD
PHWD 0HWD IRL VDWLVIHLWD 7HUPR GHYH FRQWHU DSHQDV YDULuYHLV TXH FRPSDUHFHP HP 0HWD
D
-u 0HWD u XP SUHGLFDGR TXH FRQWuP YDULuYHLV TXH FRPSDUHFHP WDPEuP HP 7HUPR
D
H
H
D
H
2XWUDV YDULuYHLV TXH FRPSDUHFHP HP 0HWD RX VaR OLYUHV RX OLJDGDV
D
D
8PD YDULuYHO u OLYUH VH
D
H
H
HVWu QaR LQVWDQFLDGD TXDQGR EDJRI u LQYRFDGR
D D
QaR DSDUHFH QR WHUPR 7HUPR
D
QaR u H[LVWHQFLDOPHQWH TXDQWLnFDGD
D H
2 TXDQWLnFDGRU H[LVWHQFLDO A u XVDGR HP YDULuYHLV QaR LQVWDQFLDGDV SDUD ID]HU FRP
H
D
D
H
TXH EDJRI DV WUDWH FRPR VH IRVVHP OLJDGDV (P RXWUDV SDODYUDV HP ;A3 ; u H[LV
WHQFLDOPHQWH OLJDGD D 3 HP ;A<A3 WDQWR ; TXDQWR < VaR H[LVWHQFLDOPHQWH OLJDGDV D
D
3
R
FD
D
$ OLVWD TXH EDJRI FRQVWUuL FRUUHVSRQGH D FDGD LQVWDQFLDzaR GH WRGDV DV YDULuYHLV
OLYUHV GH 0HWD 3DUD FDGD LQVWDQFLDzaR GDV YDULuYHLV OLYUHV EDJRI UHWRUQD WRGDV DV
FD
D
LQVWAQFLDV GH 7HUPR QXPD OLVWD QaR RUGHQDGD TXH SRGH WDPEuP FRQWHU GXSOLFDzaHV
D
D
H
FR
3RU H[HPSOR VHMD XPD EDVH GH GDGRV FRQWHQGR RV VHJXLQWHV IDWRV
JRVWDPDULDFDIH
JRVWDMRVHFKD
JRVWDDQDJXDUDQD
JRVWDSHGURYLQKR
JRVWDMRVHFRFD
JRVWDPDULDYLQKR
EDJRI SRGH VHU LQYRFDGR SDUD GHWHUPLQDU TXHP JRVWD GH TXDO EHELGD GD VHJXLQWH
IRUPD
"EDJRI;JRVWD;</
; B(
< FDIH
/ >PDULD@ !
;
<
/
B(
FKD
>MRVH@ !
;
<
/
B(
FRFD
>MRVH@ !
;
<
/
B(
JXDUDQD
>DQD@ !
; B(
< YLQKR
/ >SHGURPDULD@ !
QR
D
5HVXPLQGR R SUHGLFDGR ILQGDOO u VHPHOKDQWH DR EDJRI H[FHWR TXH TXDOTXHU YDULuYHO
H
OLYUH u DVVXPLGD VHU H[LVWHQFLDOPHQWH TXDQWLnFDGD ,VVR VLJQLnFD TXH R ILQGDOO SURFXUD
H
QD EDVH SRU WRGDV DV RFRUUAQFLDV GH 7HUPR TXH VDWLVID]HP 0HWD H UHWRUQD DV LQVWAQFLDV
H
D
HP XPD OLVWD QaR RUGHQDGD TXH HYHQWXDOPHQWH FRQWuP HOHPHQWRV GXSOLFDGRV 'HYH VHU
D
H
REVHUYDGR TXH ILQGDOO u PDLV HnFLHQWH TXH EDJRI H TXH VHWRI
H
VXEFRQMXQWR>@>@
VXEFRQMXQWR>3ULP_5HVWR@>3ULP_6XEFRQM@
VXEFRQMXQWR5HVWR6XEFRQM
VXEFRQMXQWR>3ULP_5HVWR@6XEFRQM
VXEFRQMXQWR5HVWR6XEFRQM
([HPSOR
"
&
&
&
&
&
&
&
&
QR
PRGR
VXEFRQMXQWR>DEF@&
>DEF@ !
>DE@ !
>DF@ !
>D@ !
>EF@ !
>E@ !
>F@ !
>@ !
&ODVVLnFDzaR
FD
$SuV WHU GHnQLGR HVWD UHODzaR HQWUH RV HOHPHQWRV GH XPD OLVWD u IuFLO YHULnFDU VH RV
R
FD
H D
HOHPHQWRV GD OLVWD HVWaR RUGHQDGRV
D
2 SURJUDPD DQWHULRU DSHQDV YHULnFD VH RV HOHPHQWRV GH XPD OLVWD HVWaR RUGHQDGRV 3DUD
D
RUGHQDU RV HOHPHQWRV GD OLVWD GHYHVH GHnQLU XPD UHODzaR
FD
RUGHQDU/LVWD/LVWD2UGHQDGD
RQGH /LVWD2UGHQDGD GHYH SRVVXLU WRGRV RV HOHPHQWRV GH /LVWD H DOuP GLVVR GHYH VHU
H
YHUGDGH TXH
RUGHQDGD/LVWD2UGHQDGD
RUGHQDU/LVWD/LVWD2UGHQDGD
SHUPXWDFDR/LVWD/LVWD2UGHQGD
RUGHQDGD/LVWD2UGHQDGD
H
FD
RQGH R SUHGLFDGR SHUPXWDFDR u R GHnQLGR QD VHzaR SJ
6H D OLVWD GH HQWUDGD /LVWD SRVVXL Q HOHPHQWRV GLIHUHQWHV SHUPXWDFDR SRVVXL Q
VROXzaHV GLIHUHQWHV H VRPHQWH XPD GHODV VDWLID] R SURJUDPD RUGHQDU 3RGHVH YHU
FR
TXH QR PHOKRU GRV FDVRV TXDQGR D OLVWD GH HQWUDGD HVWu RUGHQDGD R SURJUDPD
D
SHUPXWDFDR u H[HFXWDGR VRPHQWH XPD YH] (QWUHWDQWR GHSHQGHQGR GD OLVWD GH HQ
H
WUDGD SHUPXWDFDR SRGH VHU H[HFXWDGR Q QR SLRU FDVR 3RUWDQWR VH IRU FRQVLGHUDGD
FRPR PHGLGD GH HnFLAQFLD GR DOJRULWPR R QuPHUR GH YH]HV TXH u H[HFXWDGR R FRUSR GD
H
X
H
UHJUD WHPRV TXH QR PHOKRU FDVR u H QR SLRU FDVR Q
H
3RUWDQWR FRP HVWD PHGLGD GH HnFLAQFLD R PHOKRU FDVR GHVWH DOJRULWPR u 2 H R SLRU
H
H
FDVR u 2Q RQGH 2 UHSUHVHQWD D RUGHP GH FRPSOH[LGDGH
H
3HODV FRQVLGHUDzRHV DFLPD u SRVVu REVHUYDU TXH WDQWR R SLRU TXDQWR R PHOKRU FDVR
Fa
H
rYHO
u
DFRQWHFHP VRPHQWH XPD YH] ( SUHFLVR SRLV DQDOLVDU R FRPSRUWDPHQWR PuGLR GHVWH
H
DOJRULWPR
6H DV Q SHUPXWDzRHV GD OLVWD GH HQWUDGD VaR LJXDOPHQWH SRVVu
Fa
D
rYHLV HQWaR R QuPHUR
D
X
PuGLR GH YH]HV TXH R FRUSR GR SURJUDPD u H[HFXWDGR u GDGR SRU
H
H
H
; L3
Q
L
; L3
Q
L
Q > Q
Q
Q
QQ
Q
Q
%XEEOHVRUW
([HPSOR
PRGR
,QVHUWLRQVRUW
([HPSOR
PRGR
4XLFNVRUW
([HPSOR
PRGR
'HVFULzDR
Fa
DL H DL
EL
9HUVaR
D
GREUR<1
WULSOR>@>@
WULSOR>;@><@
WULSOR>;<_=@>0_1@ < LV
0
WULSOR><_=@1
H
2EVHUYDzDR $ WHUFHLUD FOuXVXOD GH WULSOR QHFHVVLWD GH GLVFULPLQDU R uVLPR
Fa
D
L
HOHPHQWR GD SULPHLUD OLVWD XPD YH] TXH HVWH HOHPHQWR GHYH VHU R WULSOR GR LuVLPR
H
HOHPHQWR GD VHJXQGD OLVWD SDUD TXH D UHODzaR VH YHULnTXH
FD
FD
H
$ VHJXQGD FOuXVXOD GH WULSOR WUDWD D VLWXDzaR HP TXH DV GXDV OLVWDV WAP XP HOHPHQWR
D
DSHQDV TXDQGR D VHJXQGD UHODzaR D E QaR SRGH VHU YHULnFDGD 3DUD HVVD
FD
D
VLWXDzaR nFD YDOHQGR DSHQDV TXH R LuVLPR HOHPHQWR GD OLVWD E GHYH VHU R GREUR GR
FD
H
LuVLPR GD OLVWD D
H
L
9HUVaR
D
DGPLVVLYHOBY>@>@
DGPLVVLYHOBY>;<_=@>0_1@ 0 LV
;
< LV
0
DGPLVVLYHOBY><_=@1
DGPLVVLYHOBY>;@>0@ 0 LV
;
8P H[HPSOR GH H[HFXzaR
FD
"
$
%
&
QR
DGPLVVLYHOBY>@>$%&@
!
u
( LQWHUHVVDQWH QRWDU TXH D LQWHUURJDzaR
FD
" DGPLVVLYHOBY>$%&@>@
LV $
SDODYUD u XP SDOuQGURPR RX QaR 3DOuQGURPRV VaR SDODYUDV TXH WAP D PHVPD OHLWXUD
H
r
D
r
D
H
TXDQGR OLGDV GH WUuV SDUD IUHQWH 6aR H[HPSORV 4;4 ,3, ,7,7,
D
D
$ LQWHUIDFH GR SURJUDPD FRP R XVXuULR u IHLWD SHOR SURFHGLPHQWR LQWHUIDFH _ TXH
D H
D
H
H
OA XPD SDODYUD uWRPR DWUDYuV GR SUHGLFDGR SUuGHnQLGR 3URORJ UHDG _ H LQYRFD
H
WHVWD SDOLQGURPR
WHVWD SDOLQGURPR
SDUH
QDPH
H[SOLFDGR QR nQDO GHVWD VHzaR TXH WUDQVIRUPD R VHX SULPHLUR DUJXPHQWR HP XPD OLVWD
FD
_ VHX VHJXQGR DUJXPHQWR _ H HQWaR LQYRFD
D
SDOLQGURPR
VH D SDODYUD u XP SDOrQGURPR
H
u
6H
SDOLQGURPR
WHVWD SDOLQGURPR
u LQYRFDGD H
H
D
t SDODYUD IRUQHFLGD u D SUuSULD OLVWD R TXH VLJQLnFD TXH D SDODYUD OLGD u XP SDOu
H
R
H
rQGURPR
LQWHUIDFH ZULWH
HQWUH FRP D SDODYUD
UHDG;
; SDUH
WHVWDBSDOLQGURPR;
LQWHUIDFH
WHVWDBSDOLQGURPR;
QDPH;1[
SDOLQGURPR1[
ZULWH;
ZULWH
H XP SDOLQGURPR
QO
WHVWDBSDOLQGURPR;
ZULWH;
ZULWH
QDR H SDOLQGURPR
QO
SDOLQGURPR; LQYHUWHUBY;;
RQGH
LQYHUWHU Y
2 SUHGLFDGR
QDPH
$
LQWHUFDODU>@<V<V
LQWHUFDODU>;_;V@><_<V@>;_=V@
; <
LQWHUFDODU;V><_<V@=V
LQWHUFDODU>;_;V@><_<V@>;<_=V@
; <
LQWHUFDODU;V<V=V
LQWHUFDODU>;_;V@><_<V@><_=V@
LQWHUFDODU>;_;V@<V=V
*HUDzaR GH 1RPHV +u
FD
rEULGRV
'HVFULzDR *HUDU SRVVuYHLV QRPHV KuEULGRV HQWUH QRPHV GH GRLV DQLPDLV GHWHUPLQDGRV
Fa
r
r
GD VHJXLQWH IRUPD
G TXDQGR GXDV RX PDLV OHWUDV QR nQDO GR QRPH GH XP DQLPDO FRLQFLGHP FRP DV
D
H
D
G TXDQGR QaR H[LVWH WDO FRLQFLGAQFLD R SUHGLFDGR QaR GHYH VHU VDWLVIHLWR
KLEULGR;</ QDPH;/;
QDPH</<
FRQFDWHQDU3SLR;)LP;/;
)LP; ? >@
FRQFDWHQDU)LP;)LP</<
)LP< ? >@
FRQFDWHQDU/;)LP<//
QDPH///
>@>@>@>@>@>@
(VVDV OLVWDV FRQVLGHUDGDV FRPR VHLV SHUPXWDzaHV GLIHUHQWHV VaR WUDWDGDV FRPR VHQGR
FR
D
DSHQDV XPD FRPELQDzaR $ IuUPXOD TXH Gu R QuPHUR WRWDO GH PDQHLUDV GH VHOHFLRQDU
FD
R
D
X
U REMHWRV GH XP WRWDO GH Q REMHWRV u
H
&QU
Q
UQ U
>
&Q>U> &Q>U
Q w U
Q 3 w
1D VHJXQGD SDUFHOD GD VRPD 3 u UHGX]LGR (VVD UHFXUVaR GHYH OHYDU D XPD VLWXDzaR
H
D
t
FD
RQGH R QuPHUR GH HOHPHQWRV D VHU VHOHFLRQDGR u R PHVPR TXH R QuPHUR GH REMHWRV
X
H
X
GLVSRQuYHLV _ D XQLFD IRUPD GH ID]HU LVVR u VHOHFLRQDU WRGRV RV HOHPHQWRV ,VVR UHVXOWD
r
u
H
QR VHJXQGR FDVR OLPLWH
UU
u
( LPSRUWDQWH QRWDU TXH R SURJUDPD QURBFRPELQDFRHV u PXLWR LQHnFLHQWH XPD YH]
H
TXH FuOFXORV LQWHUPHGLuULRV VaR UHGXQGDQWHPHQWH UHDOL]DGRV GXUDQWH R SURFHVVR 3DUD
D
D D
D VROXzaR GR SUREOHPD HP TXHVWaR D DERUGDJHP PDLV LQGLFDGD u D XWLOL]DzaR GLUHWD GD
FD
D
H
FD
HTXDzaR
FD
2 SURJUDPD QURBFRPELQDFDR Gu DSHQDV R QuPHUR GH FRPELQDzaHV DV FRPELQDzaHV
D
X
FR
FR
SRGHP VHU REWLGDV SHOR SURJUDPD
FRPELQDFRHV&RQMXQWR>@
FRPELQDFRHV5&RQMXQWR>(OHP_7@
5 LV 5
FRQFDWHQDU3ULP>(OHP_5HVWR@&RQMXQWR
FRPELQDFRHV55HVWR7
>@ !
>@ !
>@ !
>@ !
/ >@ !
QR
'HVFULzDR 2 SUREOHPD GDV FRUHV VH UHVXPH HP FRORULU XP PDSD SODQR GH WDO IRUPD
Fa
TXH GXDV UHJLaHV YL]LQKDV QaR WHQKDP D PHVPD FRU (VWH SUREOHPD IRL XPD TXHVWaR
R
D
D
HP DEHUWR SRU PXLWR WHPSR (P IRL PRVWUDGR TXH FRUHV VaR VXnFLHQWHV SDUD
D
FRORULU TXDOTXHU PDSD SODQR REHGHFHQGR D UHVWULzaR GH GXDV UHJLaHV YL]LQKDV QaR WHUHP
FD
R
D
D PHVPD FRU
3ULPHLUDPHQWH VHUu WUDWDGD D LPSOHPHQWDzaR SURSRVWD HP >6WHUOLQJ @ 2 SURJUDPD
D
FD
LPSOHPHQWDUu R VHJXLQWH DOJRULWPR LWHUDWLYR QaRGHWHUPLQuVWLFR
D
D
r
3DUD FDGD UHJLaR GR PDSD
D
G
G
6HUu XVDGR R IXQWRU PDSD SDUD FRPELQDU QXPD HVWUXWXUD R QRPH GR PDSD H R FRQMXQWR
D
GH UHJLaHV TXH ID]HP SDUWH GHOH 3RU H[HPSOR SRGHVH WHU
R
PDSDDPHULFDBVXO/LVWDB3DLVHVB6XOB$PHULFDQRV
PDSDVDRBSDXOR/LVWDB9L]LQKRVB6DRB3DXOR
PDSDHXURSDBRFLGHQWDO/LVWDBGHB9L]LQKRV
&DGD UHJLaR SRU VXD YH] VHUu UHSUHVHQWDGD SRU XP IXQWRU UHJLDR TXH FRPELQD QXPD
D
D
XQLFD HVWUXWXUD R QRPH GD UHJLaR VXD FRU H XPD OLVWD GDV FRUHV GH VXDV UHJLaHV YL]LQKDV
u
D
R
3RU H[HPSOR
UHJLDRHVSDQKDD]XO>&RUB3RUWXJDO&RUB)UDQFD@
6HJXHP DV nJXUDV GH GRLV PDSDV FXMRV QRPHV VaR WHVWH H WHVWH H VXDV UHVSHFWLYDV
D
UHSUHVHQWDzRHV HP 3URORJ 1DV nJXUDV GRV PDSDV SDUD LGHQWLnFDU FDGD UHJLaR VHUu
Fa
D
D
XVDGD D QRWDzDR
Fa
[<
_ RQGH [ LQGLFD R QRPH GD UHJLaR H < D YDULuYHO TXH FRQWuP D VXD FRU
D
D
H
E%
D$
F&
H(
I)
G'
&
'
%
)
(
$
1HVWD LPSOHPHQWDzaR D UHODzaR GH PDLV DOWR QurYHO u FRORUH PDSD0DSD&RUHV RQGH
FD
FD
H
u XPD HVWUXWXUD GH PDSD SUHYLDPHQWH LQVWDQFLDGD H &RUHV XPD OLVWD GH FRUHV
H
0DSD
FRP D TXDO VH SUHWHQGH FRORULU DV YuULDV UHJLaHV GR PDSD LQVWDQFLDGR (VVD UHODzaR u
D
R
FD H
H[SUHVVD HP 3URORJ FRPR
FRORUH;>;_;V@;V
FRORUH;><_<V@><_=V@ FRORUH;<V=V
FRORUHBYL]LQKRV>;_;V@<V SHUWHQFH;<V
FRORUHBYL]LQKRV;V<V
FRORUHBYL]LQKRV> @<V
D
FD
FD
RQGH SHUWHQFH HVWu GHnQLGR QD VHzaR SJ 6HJXH XP H[HPSOR GH H[HFXzaR
GHVVH SURJUDPD FRP RV PDSDV GH QRPH WHVWH H WHVWH RQGH DSHQDV DOJXPDV VROXzRHV
Fa
VaR H[LELGDV
D
>UHJLDRDD]XO>YHUGHDPDUHORYHUGH@
UHJLDREYHUGH>D]XODPDUHORD]XO@
5HJLRHV
5HJLRHV
5HJLRHV
UHJLDRFDPDUHOR>D]XOYHUGHYHUGHD]XOSUHWR@
UHJLDRGYHUGH>D]XODPDUHORSUHWR@
UHJLDRHD]XO>YHUGHDPDUHORSUHWR@
UHJLDRISUHWR>DPDUHORYHUGHD]XO@@ !
>UHJLDRDYHUGH>D]XODPDUHORD]XO@
UHJLDRED]XO>YHUGHDPDUHORYHUGH@
UHJLDRFDPDUHOR>YHUGHD]XOD]XOYHUGHSUHWR@
UHJLDRGD]XO>YHUGHDPDUHORSUHWR@
UHJLDRHYHUGH>D]XODPDUHORSUHWR@
UHJLDRISUHWR>DPDUHORD]XOYHUGH@@ !
>UHJLDRDDPDUHOR>D]XOYHUGHD]XO@
UHJLDRED]XO>DPDUHORYHUGHDPDUHOR@
UHJLDRFYHUGH>DPDUHORD]XOD]XODPDUHORSUHWR@
UHJLDRGD]XO>DPDUHORYHUGHSUHWR@
UHJLDRHDPDUHOR>D]XOYHUGHSUHWR@
UHJLDRISUHWR>YHUGHD]XODPDUHOR@@ !
>UHJLDRDSUHWR>D]XOYHUGHD]XO@
UHJLDRED]XO>SUHWRYHUGHDPDUHOR@
UHJLDRFYHUGH>SUHWRD]XOD]XODPDUHORSUHWR@
UHJLDRGD]XO>SUHWRYHUGHSUHWR@
UHJLDRHDPDUHOR>D]XOYHUGHSUHWR@
UHJLDRISUHWR>YHUGHD]XODPDUHOR@@ !
5HJLRHV
5HJLRHV
>UHJLDRD]XO>YHUGHDPDUHORDPDUHORSUHWR@
UHJLDRYHUGH>D]XODPDUHORD]XODPDUHORSUHWR@
UHJLDRDPDUHOR>D]XOYHUGHD]XOSUHWR@
UHJLDRD]XO>YHUGHDPDUHOR@
UHJLDRDPDUHOR>D]XOYHUGHSUHWR@
UHJLDRSUHWR>D]XOYHUGHDPDUHORDPDUHOR@@ !
>UHJLDRYHUGH>D]XODPDUHORDPDUHORSUHWR@
UHJLDRD]XO>YHUGHDPDUHORYHUGHDPDUHORSUHWR@
UHJLDRDPDUHOR>YHUGHD]XOYHUGHSUHWR@
UHJLDRYHUGH>D]XODPDUHOR@
UHJLDRDPDUHOR>YHUGHD]XOSUHWR@
UHJLDRSUHWR>YHUGHD]XODPDUHORDPDUHOR@@ !
>UHJLDRDPDUHOR>D]XOYHUGHYHUGHSUHWR@
UHJLDRD]XO>DPDUHORYHUGHDPDUHORYHUGHSUHWR@
5HJLRHV
UHJLDRYHUGH>DPDUHORD]XODPDUHORSUHWR@
UHJLDRDPDUHOR>D]XOYHUGH@
UHJLDRYHUGH>DPDUHORD]XOSUHWR@
UHJLDRSUHWR>DPDUHORD]XOYHUGHYHUGH@@ !
>UHJLDRSUHWR>D]XOYHUGHYHUGHDPDUHOR@
UHJLDRD]XO>SUHWRYHUGHDPDUHORYHUGHDPDUHOR@
UHJLDRYHUGH>SUHWRD]XODPDUHORDPDUHOR@
UHJLDRDPDUHOR>D]XOYHUGH@
UHJLDRYHUGH>SUHWRD]XODPDUHOR@
UHJLDRDPDUHOR>SUHWRD]XOYHUGHYHUGH@@ !
8PD RXWUD DERUGDJHP SDUD D UHVROXzaR GHVWH SUREOHPD HQFRQWUDGD HP >&RHOKR @ u
FD
H
IHLWD DWUDYuV GD GLVFULPLQDzaR GH TXDO FRU SRGH nFDU SHUWR GH TXDO RXWUD 1R SURJUDPD
H
FD
TXH VH VHJXH LVVR u UHDOL]DGR SHOR SURFHGLPHQWR SUR[LPD
H
1HVWH SURJUDPD R SURFHGLPHQWR FRORULU GHVFUHYH R PDSD _ GLVFULPLQDQGR DWUDYuV
H
R
GR SURFHGLPHQWR SUR[LPD FDGD XPD GDV UHJLRHV H VXDV UHJLaHV YL]LQKDV
SUR[LPDD]XOYHUGH
SUR[LPDD]XODPDUHOR
SUR[LPDD]XOSUHWR
SUR[LPDYHUGHD]XO
SUR[LPDYHUGHDPDUHOR
SUR[LPDYHUGHSUHWR
SUR[LPDDPDUHORD]XO
SUR[LPDDPDUHORYHUGH
SUR[LPDDPDUHORSUHWR
SUR[LPDSUHWRD]XO
SUR[LPDSUHWRYHUGH
SUR[LPDSUHWRDPDUHOR
FRORULU555555
SUR[LPD55
SUR[LPD55
SUR[LPD55
SUR[LPD55
SUR[LPD55
SUR[LPD55
SUR[LPD55
SUR[LPD55
SUR[LPD55
SUR[LPD55
SUR[LPD55
6HJXHVH XP H[HPSOR GH H[HFXzaR GHVWH SURJUDPD RQGH DSHQDV DOJXPDV GDV VROXzRHV
FD
Fa
VaR H[LELGDV
D
"
$
%
&
'
(
)
$
%
&
'
(
)
$
%
&
'
(
)
$
%
&
'
(
)
FRORULU$%&'()
D]XO
YHUGH
DPDUHOR
D]XO
DPDUHOR
SUHWR !
YHUGH
D]XO
DPDUHOR
YHUGH
DPDUHOR
SUHWR !
DPDUHOR
D]XO
YHUGH
DPDUHOR
YHUGH
SUHWR !
SUHWR
D]XO
YHUGH
DPDUHOR
YHUGH
DPDUHOR !
&DPLQKRV HP *UDIRV
'HVFULzDR
Fa
YDBSDUDDE
YDBSDUDDH
YDBSDUDEF
YDBSDUDFG
YDBSDUDHF
YDBSDUDHG
X
F
FF
D G
U
E
F
F
F
E
E
E
$ LGuLD u TXH SDUD GHWHUPLQDU XP FDPLQKR &DP GD FLGDGH ,QL DWu D FLGDGH )LP R TXDO
H H
H
F
VHUu XPD OLVWD >,QL&LG&LG)LP@ FRPHzDVH YLD FDPLQKR D FRQVWUXLU XP
D
FDPLQKR DX[LOLDU FXMD XQLFD FLGDGH SUHVHQWH LQLFLDOPHQWH u D XOWLPD FLGDGH QR FDPLQKR
u
H u
VROLFLWDGR )LP $VVLP R XQLFR Qu TXH FDPLQKR SUHFLVD WHU FRPR DUJXPHQWR u D
u
R
H
FLGDGH LQLFLDO TXH VHUu XVDGD SDUD YHULnFDU D FRQGLzaR GH SDUDGD 2 SURJUDPD u
D
FD
H
FDPLQKR&LG>&LG_&LGV@'LVW'LVW>&LG_&LGV@
FDPLQKR,QL>$GM_&LGV@'LVW'LVW)&DP)
YDBSDUD,QWHUP$GM'
' LV 'LVW '
FDPLQKR,QL>,QWHUP$GM_&LGV@''LVW)&DP)
'HYH VHU REVHUYDGR TXH R SURJUDPD DFLPD LQVHUH DV FLGDGHV DGMDFHQWHV QR FDPLQKR TXH
HVWu VHQGR FRQVWUXuGR VHP YHULnFDU VH HODV Mu IRUDP YLVLWDGDV DQWHULRUPHQWH VRPHQWH
D
r
D
WUDEDOKD VH QaR IRU SRVVuYHO YLVLWDU GXDV YH]HV D PHVPD FLGDGH (QWUHWDQWR VH RV
D
r
VHJXLQWHV IDWRV IRVVHP DGLFLRQDGRV
YDBSDUDGH
YDBSDUDED
YDBSDUDHE
u
HVWH SURJUDPD HQWUDULD HP ORRS ( HQWaR QHFHVVuULR YHULnFDU VH XPD FLGDGH FDQGLGDWD
D
D
Mu ID] SDUWH GR FDPLQKR DWu HQWaR FRQVWUXuGR DQWHV GH LQVHUuOD 6HJXHP R SURJUDPD
D
H
D
r
r
TXH UHDOL]D HVWD YHULnFDzaR H XP H[HPSOR GH H[HFXzDR
FD
Fa
FDPLQKRBVO,QL)LP'LVW&DP
FDPLQKRBVO,QL>)LP@'LVW&DP
FDPLQKRBVO&LG>&LG_&LGV@'LVW'LVW>&LG_&LGV@
FDPLQKRBVO,QL>$GM_&LGV@'LVW'LVW)&DP)
YDBSDUD,QWHUP$GM'
QRW SHUWHQFH,QWHUP>$GM_&LGV@
' LV 'LVW '
FDPLQKRBVO,QL>,QWHUP$GM_&LGV@''LVW)&DP)
SHUWHQFH;>;_B@
FDYDOR QXP WDEXOHLUR GH [DGUH] YD]LR GDGR SHOR PHQRV D VXD SRVLzaR LQLFLDO
FD
$ )LJXUD PRVWUD RV SRVVuYHLV PRYLPHQWRV GH XP FDYDOR QR MRJR GH [DGUH]
r
F
[ p[ \ p\ RX [ p\ \ p[
RQGH p[ p\
I b b b bJ
SRGHBLU
RQGH
UHSUHVHQWD
RX
SRGHBLU>;<@>;<@
GHOWD[\'['\GHOWD[\'\'[
; LV ; '[
GHQWURBWDEXOHLUR;
< LV < '\
GHQWURBWDEXOHLUR<
GHOWD[\
GHOWD[\
GHOWD[\
GHOWD[\
&RPR R WDEXOHLUR GH [DGUH] u GH
H
D
d HQWaR
GHQWURBWDEXOHLUR; ;
;
6HJXH H[HPSOR GH H[HFXzDR GH
Fa
SRGHBLU
>@ !
>@ !
>@ !
>@ !
>@ !
>@ !
; >@ !
QR
LQLFLDOPHQWH YD]LR WDO TXH QaR Ku DWDTXH HQWUH HODV >%UDWNR @ FRPR PRVWUD D )LJXUD
D D
8PD SRVVuYHO IRUPD GH UHSUHVHQWDU R WDEXOHLUR u DWUDYuV GD OLVWD
r
H
H
>>;<@>;<@>;<@@
RQGH FDGD XP GRV SDUHV GH FRRUGHQDGDV GHYH VHU XP LQWHLUR QXP LQWHUYDOR 3DUD
TXH QaR DFRQWHzD DWDTXH HQWUH DV UDLQKDV u QHFHVVuULR TXH FDGD XPD GHODV HVWHMD HP
D
F
H
D
XPD nOD GLIHUHQWH GR WDEXOHLUR $VVLP D LGuLD u GHnQLU XP SUHGLFDGR
H H
G
G
G
G
TXH HQFRQWUD RV SRVVuYHLV YDORUHV GDV FROXQDV GR WDEXOHLUR RQGH FDGD UDLQKD SRGH HVWDU
r
SRVLFLRQDGD GH PDQHLUD TXH XPD QaR DWDTXH D RXWUD 2 SURFHGLPHQWR u R VHJXLQWH
D
H
UDLQKDV>@
UDLQKDV>>;<@_2XWUDV@
UDLQKDV2XWUDV
SHUWHQFH<>@
QDRBDWDFD>;<@2XWUDV
RQGH R SURJUDPD SHUWHQFH HVWu GHnQLGR QD VHzaR SJ $ SULPHLUD FOuXVXOD
D
FD
D
UDLQKDV YHULnFD TXH D OLVWD GDV SRVLzaHV GDV UDLQKDV HVWu YD]LD H FRQVHTXHQWH
FR
D
PHQWH QaR Ku DWDTXH HQWUH HODV $ VHJXQGD FOuXVXOD WUDWD GD OLVWD QaR YD]LD GR WLSR
D D
D
D
>>;<@_2XWUDV@ 1HVWH FDVR 2XWUDV GHYH VHU XPD VROXzDR SDUD R SUREOHPD < GHYH
Fa
HVWDU QR WDEXOHLUR H >;<@ GHYH VHU XPD QRYD SRVLzaR YuOLGD FRQVLGHUDQGR D VROXzaR
FD D
FD
IRUQHFLGD HP 2XWUDV $VVLP WHPVH
QDRBDWDFDB>@
QDRBDWDFD>;<@>>;<@_2XWUDV@
< ? <
7 LV << 7 LV ;; 7 ? 7
7 LV ;; 7 ? 7
QDRBDWDFD>;<@2XWUDV
;
;
;
;
QR
>>@>@>@>@>@>@>@>@@
>>@>@>@>@>@>@>@>@@
>>@>@>@>@>@>@>@>@@
>>@>@>@>@>@>@>@>@@
!
!
!
!
(P >%UDWNR @ SS SRGH VHU HQFRQWUDGD XPD H[FHOHQWH GHVFULzaR GH GLIHUHQWHV
FD
YHUVaHV SDUD D VROXzDR GHVWH SUREOHPD YLVDQGR GLPLQXLU R HVSDzR GH EXVFD
R
Fa
F
FR
X
6HMD R SUHGLFDGR SHJXH1%// TXH IRUQHFH LQIRUPDzaHV VREUH R QuPHUR GH HOH
PHQWRV TXH XP FRQMXQWR GH FDL[DV SRGH FRQWHU RQGH
^ 1 u R QuPHUR GH uWHQV D VHUHP VHOHFLRQDGRV
H X
r
^ % u R QuPHUR TXH LGHQWLnFD D FDL[D
H X
^ / u XPD OLVWD GH LQWHLURV QaR QHJDWLYRV TXH LQGLFDP D TXDQWLGDGH GH HOH
H
D
(VVH SURJUDPD VHUu XWLOL]DGR FRPR SURJUDPD DX[LOLDU QD UHVROXzaR GR SUREOHPD GHVFULWR
D
FD
D VHJXLU
'HVFULzDR 8PD nUPD HVWu PXGDQGR SDUD RV DQGDUHV GH XP QRYR SUuGLR &DGD DQGDU
Fa
D
H
$ VROXzaR GHVWH SUREOHPD SRGH VHU RIHUHFLGD HP IRUPD GH WULSODV >'1$@ RQGH
FD
^ ' u R LGHQWLnFDGRU GH GHSDUWDPHQWR
H
^ 1 u R QuPHUR GH HVFULWuULRV QHFHVVuULRV SDUD R GHSDUWDPHQWR '
H X
R
D
^ $ u R DQGDU GHVLJQDGR SDUD R GHSDUWDPHQWR '
H
H 1 VaR GDGRV H $ GHYH VHU GHWHUPLQDGR
D
H
$ VROXzDR GR SUREOHPD u GDGD SHOR SUHGLFDGR DORFDU/'LVSRQLYHO RQGH / u D OLVWD
Fa
H
D X
R
r
GH WULSODV SDUD FDGD GHSDUWDPHQWR H 'LVSRQLYHO Gu R QuPHUR GH HVFULWuULRV GLVSRQuYHLV
SDUD FDGD DQGDU 8VDQGR D YHUVaR GH SHJXH GHnQLGD DQWHULRUPHQWH DORFDU
D
UHTXHU VRPHQWH XPD UHJUD UHFXUVLYD H XPD UHJUD LQFRQGLFLRQDO TXH QDGD ID] TXDQGR /
> @ 2 SURJUDPD u
H
'
/
QR
#010703.08
>$PEOH @ $PEOH
7
$GGLVRQ
:HVOH\
>$UDULEuLD @ $UDULEuLD *
R
R
>$ULW\ @
$ULW\ &RUSRUDWLRQ
:'
+DOO
$5
3URJUDPDzDR HP /uJLFD
Fa
R
>&ODUN @
9HUODJ
>&RHOKR @ &RHOKR + &RWWD -&
>'RGG @
'RGG 7
>)RUG @
)RUG 1
>)RUG @
)RUG 1
6
+RDUH &$5
$FDGHPLF 3UHVV
3UHQWLFH
+DOO
u
3URFHVVDPHQWR GH $UYRUHV ,/7& SJ
>2
.HHIH @ 2
.HHIH 5$
>5RJHUV @ 5RJHUV -%
>5RZH @
5RZH 1&
$ 3URORJ 3ULPHU
$GGLVRQ:HVOH\
$GGLVRQ:HVOH\
.QRZOHGJH 6\V
$SuQGLFH
H
LQWHLURBSRVLWLYR1 LQWHJHU1
1 !
LQWHLURBSRVLWLYRB
QO ZULWH
(552 DUJ! GHYH VHU XP QXPHUR LQWHLUR !
QO
IDLO
H[HFXWH3UHG 1YH]HV
H[HFXWD R SUHGLFDGR 3UHG 1YH]HV GHQWUR GH XP UHSHDW ORRS
H[HFXWH3UHG1YH]HV FWUBVHW
UHSHDW
3UHG
FWUBLQF;
;
1YH]HV
ORRSBUHSHDW1YH]HV
H[HFXWD XP GXPP\ ORRSBUHSHDG 1YH]HV
ORRSBUHSHDW1YH]HV FWUBVHW
UHSHDW
FWUBLQF;
;
1YH]HV
WHPSR), "7
FDOFXOD 7 ) , RQGH ) H , VDR WLPH+06&V
WHPSRWLPH+I0I6I&VI WLPH+L0L6L&VL 7
+ LV +I +L
0 LV 0I 0L
6 LV 6I 6L
&V LV &VI &VL
7 LV + 0 6 &V
HVFUHYD3UHG1YH]HV7HPSR
QOWDEZULWH
3UHGLFDGR
ZULWH3UHGQO
WDEZULWH
1RBYH]HV
ZULWH1YH]HVQO
WDEZULWH
7HPSR
ZULWH7HPSRQO
7PHGLR LV 7HPSR 1YH]HV
WDEZULWH
7PHGLR
ZULWH7PHGLRQO
FODVVLILFD>
@
1RBYH]HV
7HPSR
7PHGLR