Project appraisal and selection using the analytic network process

2007 ◽  
Vol 34 (7) ◽  
pp. 786-792 ◽  
Author(s):  
Irem Dikmen ◽  
M Talat Birgonul ◽  
Beliz Ozorhon
Keyword(s):  
Decision Making ◽  
Large Scale ◽  
Selection Process ◽  
Multicriteria Decision Making ◽  
Analytic Network Process ◽  
Project Selection ◽  
Project Appraisal ◽  
Turkish Government ◽  
Network Process ◽  
Benefit Cost

Where prioritization and selection process of large-scale construction projects is concerned, governments should consider various quantitative and qualitative criteria when choosing the best project alternative. The traditional benefit–cost (BC) analysis has some drawbacks in terms of analyzing qualitative attributes that cannot be easily expressed in monetary terms. To eliminate this limitation, multicriteria decision-making techniques are proposed for the solution of project prioritization problems. In this paper, an analytic network process (ANP) model is developed to demonstrate how the project selection process can be carried out by considering both quantitative and qualitative factors, as well as their interrelations. The decision network is grouped under four subnetworks, namely benefits, costs, opportunities, and risks. The selected alternatives are real highway projects that are in the investment agenda of the Turkish government. Using the proposed network model, four investment alternatives are assessed by a team of experts and achieved results demonstrate that the ranking of project alternatives may significantly change when the ANP model is used instead of the classical B/C approach. Key words: analytic network process (ANP), multi-criteria decision making, project selection, benefit–cost analysis.

scholarly journals Attributes-Based Decision Making for Selection of Requirement Elicitation Techniques Using the Analytic Network Process

2020 ◽  
Vol 2020 ◽  
pp. 1-13
Author(s):  
Jinyu Li ◽  
Asif Ullah ◽  
Jun Li ◽  
Shah Nazir ◽  
Habib Ullah Khan ◽  
...  
Keyword(s):  
Decision Making ◽  
Selection Process ◽  
Multicriteria Decision Making ◽  
Requirement Engineering ◽  
Analytic Network Process ◽  
Software Project ◽  
Requirement Elicitation ◽  
Network Process ◽  
Decision Making Processes ◽  
Selection Of

Requirement engineering is the first phase of software engineering. In requirement engineering, the first phase is requirement elicitation (RE), which is the most critical and error-prone activity. In this phase, the requirements are extracted from various sources; after extraction, they are analyzed and documented for a specific purpose of software development. In RE, process requirements from stakeholders are gathered, upon which the entire software product failure and success are dependent. In order to accomplish the goal of requirement elicitation, various techniques are used. However, the selection of these techniques is a very challenging task, as one technique may suit a situation but may not be suited for other situations. Besides this, project attributes such as documentation culture of organization, degree of relationship among stakeholders, and familiarity to domain also have a great impact on the process of technique selection. The reason is that there is no empirical value of the techniques that provide help in techniques selection to analyze the basis software project attributes. This study proposed the analytic network process, which is one of the multicriteria decision making processes for the elicitation technique selection process with respect to criterion attributes of project. The motivation toward the use of the ANP approach for the selection of requirement selection technique is that there are dependencies existing among attributes of the project elements. So, the ANP approach is capable of dealing with such situations where dependencies and complexity occur. Results of the proposed study demonstrate that the technique helps in complex situations where decision making is difficult based on the alternatives.

scholarly journals An Application of Multicriteria Decision-making for the Evaluation of Alternative Monorail Routes

Mathematics ◽  
2018 ◽  
Vol 7 (1) ◽  
pp. 16 ◽  
Author(s):  
Mustafa Hamurcu ◽  
Tamer Eren
Keyword(s):  
Decision Making ◽  
Transportation Planning ◽  
Selection Process ◽  
Urban Transportation ◽  
Multicriteria Decision Making ◽  
Analytic Network Process ◽  
Route Selection ◽  
Network Process ◽  
Order Preference ◽  
Selection For

Urban transportation planning is important for a metropolitan city. Route selection, which is among the decisions of urban transportation planning, is also important in terms of developing the urban transportation. This study contains the route selection for the planned monorail transport system that is a new system in Ankara. The most suitable monorail route was selected among the determined eight alternative monorail routes. In this decision process, we used the Analytic Network Process (ANP) and Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) method, which is one of the multi-criteria decision-making methods. Finally, we provided the most suitable ranking and planning with the selection process for the development of urban transportation.

scholarly journals Applying ANP in Establishing a Decision-Making Model for the Destination Selection of Large-scale Exhibitions

2017 ◽  
Vol 7 (1) ◽  
pp. 100
Author(s):  
Wen-Tsung Wu ◽  
Chie-Bein Chen
Keyword(s):  
Decision Making ◽  
Large Scale ◽  
Analytic Network Process ◽  
Cost Ratio ◽  
Benefit Cost Ratio ◽  
Network Process ◽  
Second Tier ◽  
High Benefit ◽  
Decision Making Model ◽  
Selection Of

This study investigates the decision-making issues in the selection of destinations for large-scale exhibitions by the cultural and creative industry. We use the Rubber Duck China Tour by the Dutch artist Florentijn Hofman as an example and adopt the analytic network process technique to evaluate destination options for the exhibition, as well as to explore the impacts of the evaluation of destination feasibilities on exhibition investment. The results show that power, a high benefit-cost ratio, first-tier cities, integration with local communities, and a rich and interesting theme are the top five factors that curators should consider when planning exhibitions. Considering the priority among cities of various tiers, first-tier cities are the most favorable, followed by fourth-tier, third-tier, and second-tier cities. The decision-making model provides curators with a reliable reference for selecting destinations for future exhibitions.

scholarly journals Matrix of pairwise comparison: decision making with the analytic network process

2019 ◽  
Vol 110 ◽  
pp. 02042
Author(s):  
Aliya Akhmadullina ◽  
Svetlana Vasilyeva ◽  
Tatyana Yakovleva ◽  
Svetlana Vopiyashina ◽  
Raisa Kraineva
Keyword(s):  
Decision Making ◽  
Environmental Planning ◽  
Pairwise Comparison ◽  
Multicriteria Decision Making ◽  
Analytic Network Process ◽  
Analytic Hierarchy ◽  
Pairwise Comparison Matrix ◽  
Network Process ◽  
Qualitative Factors ◽  
The Right

This article describes a method for analyzing hierarchies; identifies the problems with inconsistent judgments. The proof is given that the most effective tool allowing one to make the right decisions with inconsistencies is the introduction of the eigenvector on environmental planning and management. The Analytic Hierarchy Process (AHP) is a method for decision making, which includes qualitative factors. In this method, ratio scales are obtained from ordinal scales, which are derived from individual judgments for qualitative factors using the pairwise comparison matrix. This paper describes the applicability of a multicriteria decision-making method, specifically, the analytic network process.

Application of Mixed Multicriteria Decision-making Methods to Determine the Optimal Development Industries for the Taoyuan Aerotropolis, Taiwan

2019 ◽  
Vol 43 (4) ◽  
pp. 370-396
Author(s):  
Chih-Yuan Chang ◽  
Yin-Hao Chiu ◽  
Jung-Wei Wang
Keyword(s):  
Decision Making ◽  
Industrial Development ◽  
Multicriteria Decision Making ◽  
Analytic Network Process ◽  
Aviation Industry ◽  
Multicriteria Decision ◽  
Fuzzy Delphi ◽  
Network Process ◽  
The Government ◽  
Satisfaction Evaluation

The study explored both the development policy of regional industry and the aerotropolis as an empirical object. In planning an aerotropolis, governments should account for both regional and industrial characteristics to establish appropriate policies for promoting industrial development that maximizes the benefits of invested resources. In this study, a composite multicriteria decision-making method was used to filter the optimal aerotropolis industry evaluation index through the fuzzy Delphi method. Subsequently, the decision-making trial and evaluation laboratory–based analytic network process was used to obtain the influence relations and weights between the indexes to establish an optimal industry plan. Satisfaction evaluation was then used to calculate the performance values of the programs and discover the optimal industries for the city to provide the government with a policy reference. This study found that the technical environment, product and industry networks, and basic environment were the most important aspects of the Taoyuan Aerotropolis. Aviation linkage and logistics services had the highest performance among industries, identifying them as the most suitable supplementary developments to the aviation industry.

scholarly journals Multicriteria Decision Making (MCDM) Methods for Ranking Estimation Techniques in Extreme Programming

2018 ◽  
Vol 8 (3) ◽  
pp. 3073-3078 ◽  
Author(s):  
S. Alshehri
Keyword(s):  
Decision Making ◽  
Multicriteria Decision Making ◽  
Analytic Network Process ◽  
Extreme Programming ◽  
Estimation Methods ◽  
Multicriteria Decision ◽  
Agile Processes ◽  
Network Process ◽  
Analytic Hierarchical Process ◽  
Complex Engineering

It is essential to use multicriteria decision making (MCDM) methods to evaluate human judgments, for decision problems requiring the measuring of tangible and intangible criteria. Among the MCDM techniques, the analytic hierarchical process (AHP) and its extended version, the analytic network process (ANP) are the most powerful methodologies for ranking options and alternatives. They have been utilized by many scientists and researchers in numerous fields, especially for complex engineering problems. Both tools allow leaders to structure their issues numerically utilizing individual judgments. In this article, it is suggested that the MCDM can be useful in agile processes where complicated decisions happen routinely. This paper shows the ranking of the extreme programming (XP) estimation methods using AHP and ANP in educational and industrial environments.

scholarly journals Multicriteria Decision Making for Evaluating and Selecting Information Systems Projects: A Sustainability Perspective

2019 ◽  
Vol 11 (2) ◽  
pp. 347 ◽  
Author(s):  
Anquan Zou ◽  
Sophia Duan ◽  
Hepu Deng
Keyword(s):  
Decision Making ◽  
Information Systems ◽  
Selection Process ◽  
Multicriteria Analysis ◽  
Multicriteria Decision Making ◽  
Project Selection ◽  
Bottom Line ◽  
Selection Decision ◽  
Negative Ideal Solution ◽  
Is Projects

This paper develops a multicriteria analysis method for effectively making the selection decision on information systems (IS) projects for project management in organizations from a sustainability perspective. The triple bottom line principle of sustainability in organizations is carefully considered in formulating the IS project selection process as a multicriteria analysis problem. The subjectiveness of the decision-making process is modelled by linguistic variables approximated by fuzzy numbers. The positive and the negative ideal solution concepts are used to calculate the overall sustainability performance of individual IS projects in a comprehensive manner. A decision support system framework is then constructed with the use of the developed method for facilitating the IS project selection process. Such a system can provide organizations with an effective mechanism for comprehensively evaluating available IS projects from a sustainability perspective. An example is presented for demonstrating the flexibility and effectiveness of the proposed method in solving the IS project selection problem.

scholarly journals A Sustainable Manufacturing Strategy from Different Strategic Responses under Uncertainty

2015 ◽  
Vol 2015 ◽  
pp. 1-11 ◽  
Author(s):  
Lanndon Ocampo ◽  
Eppie Clark ◽  
Kae Vines Tanudtanud
Keyword(s):  
Decision Making ◽  
Sustainable Manufacturing ◽  
Multicriteria Decision Making ◽  
Analytic Network Process ◽  
Decision Makers ◽  
Manufacturing Strategy ◽  
Triangular Fuzzy Numbers ◽  
Strategic Responses ◽  
Huge Amount ◽  
Network Process

This paper presents a decision framework that highlights the integration of manufacturing strategy (MS) and sustainability along with strategic responses as a significant component. This integration raises complexity and uncertainty in decision-making following the number of subjective components with their inherent relationships that must be brought into context and the huge amount of required information in eliciting judgments. Thus, a proposed hybrid multicriteria decision-making (MCDM) approach in the form of an integrated probabilistic fuzzy analytic network process (PROFUZANP) is adopted in this work. In this method, analytic network process (ANP) serves as the main framework in identifying policy options of manufacturing strategy. Fuzzy set theory (FST) is used to describe vagueness in decision-making which is carried out by eliciting judgments in pairwise comparisons using linguistic variables with corresponding triangular fuzzy numbers (TFNs). Probability theory is used to handle randomness in aggregating judgments of multiple decision-makers. Results show that a stakeholder-oriented approach is considered the most relevant strategic response in developing a sustainable manufacturing strategy. The contribution of this work lies in identifying the policies which constitute a sustainable manufacturing strategy using an integrated MCDM approach under uncertainty.

scholarly journals Applying a Hybrid MCDM Model for Six Sigma Project Selection

2014 ◽  
Vol 2014 ◽  
pp. 1-13 ◽  
Author(s):  
Fu-Kwun Wang ◽  
Chen-Hsoung Hsu ◽  
Gwo-Hshiung Tzeng
Keyword(s):  
Decision Making ◽  
Six Sigma ◽  
Multiple Criteria Decision Making ◽  
Analytic Network Process ◽  
Project Selection ◽  
Printing Industry ◽  
Model Combining ◽  
Financial Benefits ◽  
Aspiration Levels ◽  
Network Process

Six Sigma is a project-driven methodology; the projects that provide the maximum financial benefits and other impacts to the organization must be prioritized. Project selection (PS) is a type of multiple criteria decision making (MCDM) problem. In this study, we present a hybrid MCDM model combining the decision-making trial and evaluation laboratory (DEMATEL) technique, analytic network process (ANP), and the VIKOR method to evaluate and improve Six Sigma projects for reducing performance gaps in each criterion and dimension. We consider the film printing industry of Taiwan as an empirical case. The results show that our study not only can use the best project selection, but can also be used to analyze the gaps between existing performance values and aspiration levels for improving the gaps in each dimension and criterion based on the influential network relation map.

Decision Model for Policy Makers in the Context of Citizens Engagement

2016 ◽  
Vol 34 (6) ◽  
pp. 740-756 ◽  
Author(s):  
Imen Boukhris ◽  
Raouia Ayachi ◽  
Zied Elouedi ◽  
Sehl Mellouli ◽  
Nahla Ben Amor
Keyword(s):  
Decision Making ◽  
Selection Process ◽  
Smart Cities ◽  
Multicriteria Decision Making ◽  
Policy Makers ◽  
The North ◽  
Proposed Model ◽  
Network Process ◽  
The City

Citizens’ engagement is considered as one of the important dimensions for the development of smart cities since, in the vision of a city of the future (smart city), citizens will be more and more involved in the decision-making process of different issues related to the development of a city. In this context, policy makers face a decision problem where they have to integrate a new dimension, which is the voice of the citizens’ decision. This article proposes a tool based on multicriteria decision making methods to provide decision makers with the best alternative(s) that are based on citizens’ opinions. In order to tackle the potential interdependencies between criteria and also between alternatives in the selection process, we apply a hybrid model integrating the analytical network process and an extended version of technique for order performance by similarity to ideal solution to support group decision-making. The proposed model is applied in the context of participatory budgeting (PB) where citizens decide on the projects in which the money can be invested. This process is complex since it encompasses multiple interdependent criteria that may be conflicting with each other and that are used to take decisions. To illustrate our approach, we will apply the proposed technique for the case study of La Marsa, a city in the north of the capital Tunis (Tunisia) that adopted, since 2014, a PB strategy in which citizens proposed alternatives on how an amount of money can be used to lighten specific streets in the city.

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