Verbal decision analysis methods for determining the efficiency of investments in construction

• Autorzy: Ustinovich L. , Kochin D.
• Konferencja: Lithuanian-German-Polish Colloquim : "Planning Instruments in Construction Management" [9th; 28-31 May 2003; Kolobrzeg]
• Języki publikacji: EN

Abstrakty

EN

Decision making is associated with ranking problems aimed to obtain a set of preference order of solutions. People can make mistakes choosing the best object for investments. Due to high cost of such mistakes, such a choice should be well founded. This paper presents multicriteria method for choosing the best object, called SNOD (Scale of Normalized and Ordered Differences). There are two stages in the method: preliminary formal analysis of given alternatives, performed entirely by a computer, and Decision Maker preferences elicitation. The method is based on a Verbal Decision Analysis approach. The possibility of criteria interdependence is taken into account.

Słowa kluczowe

EN

decision making; multicriteria methodology; best object choice; Scale of Normalized and Ordered Differences

• Wydawca: Wydawnictwo Politechniki Poznańskiej
• Czasopismo: Foundations of Civil and Environmental Engineering
• Rocznik: 2004
• Tom: No. 5
• Strony: 35--46
• Opis fizyczny: Bibliogr. 32 poz.

Twórcy

autor

Ustinovich L.

• The Vilnius Gediminas Technical University. Department of Building Technology and Management
• The Institute for System Analysis RAS. Department of Theory and Methods of Decision Making

autor

Kochin D.

• The Vilnius Gediminas Technical University. Department of Building Technology and Management
• The Institute for System Analysis RAS. Department of Theory and Methods of Decision Making

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