scholarly journals Examples of Objectified Multiple Criteria Ranking in the Selection of Infrastructural Projects

Author(s):  
Edward Klimasara ◽  
Andrzej P. Wierzbicki

The paper addresses the issue of multiple criteria rankings of infrastructural projects (buildings, roads, etc.). Although the amount of literature devoted to this subject is considerable, all methods proposed produce subjective rankings, dependent on a direct or indirect definition of weighting coefficients applicable to subsequent evaluation criteria. Infrastructural projects are usually selected and approved collegially, however, by a group of decision makers with preferences that may potentially differ significantly. Therefore, an objectified ranking, independent from subjectively defined weighting coefficients, is needed for infrastructural projects. Such a ranking is proposed, analyzed and applied by the authors of this paper. This ranking depends originally only on the multiple objective evaluation data, i.e. the values of evaluation criteria related to decision scenarios or alternatives. Such an approach does not render a fully objective ranking, since one of this kind does not exist at all. Even the choice of the ranking method is a subjective decision, but it is objectified to the extent possible. The paper presents several examples of multiple criteria evaluation of infrastructural projects, derived from literature, and compares subjective rankings published in literature with objectified rankings that are independent of weighting coefficients.

Author(s):  
Diêgo Andrade de Oliveira ◽  
Rosângela Souza Lessa ◽  
Suzana Cristina Silva Ribeiro ◽  
Pedro Fonseca de Vasconcelos

Abstract: Introduction: In the context of medical school, the development of methodologies that stimulate the students’ search for learning, autonomy and creativity are essential for medical education in Brazil. The study aims to describe the construction of infographics as a pedagogical proposal for the learning of organic human aging processes by medical students. Method: Medical students attending the 4th period at a Higher Education Institution built infographics, as a requirement for the practical content of the Aging Process module. The static-type infographic was adopted, following criteria such as the definition of the target audience; definition of the objective; choice of topic; selection of the most relevant information (focus); direct and accessible language; organized information; choices of color palettes and style and; infographic sketch. The entire creation process was supervised by the teacher in charge of the project, and evaluation criteria were previously established. Results: The class was divided into seven groups, resulting in the production of an infographic with a specific topic per group. The human aging topics were: Degenerative Joint Diseases, Bone Weakness, Pneumonia in the Elderly, Acute Myocardial Infarction, Vascular Dementia, Atherosclerosis and Herpes Zoster. It is worth noting that in addition to the creation, each group presented the final product to the other colleagues, explaining each item included in the static infographic. Conclusions: We observed that the students satisfactorily met the proposed evaluation requirements, demonstrating their involvement in the construction of infographics and, above all, in simple, creative and objective learning, using a powerful visual tool. We also add that the printed material will be used as aid in the histology laboratory and in extramural activities.


1998 ◽  
Vol 1617 (1) ◽  
pp. 139-148 ◽  
Author(s):  
Marcy Schwartz ◽  
Miley (Lee) Merkhofer ◽  
Richard Upton

Dissatisfied with the time and resources required to conduct a number of high-profile, controversial major investment studies, the Oregon Department of Transportation (ODOT) decided to use the Newberg-Dundee transportation improvement project to explore methods for streamlining the alternatives analysis process and better controlling the time frames and expenditures for these efforts. The Newberg-Dundee project concerned a highly congested segment of highway just outside the Portland metropolitan area. Over 95 percent of all trips in the corridor are made by automobile; public transportation in the area is infrequent and ineffective. Heightening the area’s transit needs is a population growth rate substantially higher than the statewide average. Previous studies had not incorporated a comprehensive evaluation of modal alternatives. The Newberg-Dundee alternatives analysis was completed in 9 months on a budget significantly lower than budgets for comparable previous studies. Within ODOT, the approach may serve as a model for early integration of environmental and planning activities in alternatives analyses for project development. Explored are innovative aspects of the six-step decision process used in this major investment analysis, which led to a selection of alternatives to be forwarded for detailed evaluation in an environmental impact statement. The paper focuses on management structure, definition of multimodal alternatives, development and application of a quantitative, multiple-criteria evaluation framework, and strategy for compliance with National Environmental Policy Act requirements.


2005 ◽  
Vol 11 (3) ◽  
pp. 158-169 ◽  
Author(s):  
Algirdas Andruškevičius

Some methods allowing for the selection of the most suitable contractor based on 26 criteria are offered. The bidding procedures of FIDIC, the international organization of consulting engineers are assessed. Contractors are evaluated by a multicriteria decision method COPRAS. The significance of the contractor evaluation criteria is determined by ranking. A description of the criteria and their rankings according to 100‐point scale are provided. A case study of selecting the contractor for the construction of a trade and entertainment centre out often bidders is also described.


Author(s):  
Pavol Kita ◽  
Andrea Furková ◽  
Marian Reiff ◽  
Pavol Konštiak ◽  
Jana Sitášová

The objective of this paper is to highlight the use of multiple criteria evaluation methods as a tool for the rating and selection of retail chains from the customers and suppliers perspective. We provide an assessment on the attractiveness of active retail chains on the Slovak market through multiple criteria methods used for the analysis of customer preferences. An analysis was conducted on a sample of consumers in Bratislava involving 11 389 respondents interviewed. The multi-attribute decision-making methods PROMETHEE II and V were used to assess the variants. In the first part of analysis the collected data uncover customers’ preferences in the selection of retail chains. Findings suggest a ranking of evaluated retail chains and thus of customer preferences. Based on the obtained evaluation, in the second part of analysis, a set of retail chains was chosen under constraints concerning the effectiveness of advertising, market share of sales and the maximum number of chosen retail chains and a binary linear programming model was formulated as an outcome. Proposed procedure aims to assist the decision maker in selecting which retail chain to choose for distribution of supplier’s products, and thus maximize benefits, which will result from consumer preferences and service satisfaction level in retail chain.


Author(s):  
Yong Shi ◽  
◽  
Wikil Kwak ◽  
Heeseok Lee ◽  
Cheng-few Lee ◽  
...  

A capital budgeting model with multiple criteria and multiple decision makers (MCMDM) is more likely to provide realistic solutions than linear or goal programming models. This paper adopts a fuzzy approach to solve MCMDM capital budgeting problems. This approach is based on two fundamental human cognitive processes: (i) all decision makers who are involved in the capital budgeting problem have goal setting and compromise behavior for seeking multiple criteria, and (ii) each decision maker has a preference for the budget availability level. A solution procedure is proposed to systematically identify a fuzzy optimal selection of possible projects that can not only reach the best compromise value for the multiple criteria, but also use the best budget availability level according to the multiple decision makers’ preferences. The optimal selection can help the firm make a realistic decision regarding its strategic investment. A comparison study of the fuzzy approach with other approaches shows the advantages of using the fuzzy approach.


2020 ◽  
Vol 46 (1) ◽  
pp. 44-57
Author(s):  
Manoj Govind Kharat ◽  
Shankar Murthy ◽  
Sheetal Jaisingh Kamble ◽  
Mukesh Govind Kharat

Selection of appropriate municipal solid waste (MSW) treatment and disposal technology is a complex multi-criteria process. This paper demonstrates the reliability of the use of multi-criteria decision-making (MCDM) framework for the purpose of selecting the best MSW treatment and disposal alternatives. In this paper, a modified fuzzy Delphi-AHP-TOPSIS methodology is developed for the selection of the most appropriate MSW treatment and disposal technology. The study provides a systematic three-stage methodology towards technology selection. In the first stage, experts' opinions were sought to select the relevant criteria and the fuzzy Delphi Method (FDM) was used to obtain the critical factors for the evaluation of alternatives. In the second stage, the criteria weights and their importance degree were calculated by using AHP. Finally, the TOPSIS technique was used for ranking the alternatives to determine the most appropriate option. The study identifies a minimal relevant set of evaluation criteria and appropriate technologies for the handling, treatment and disposal of MSW in a more economical and environmentally sustainable way. Thus, the developed MCDM framework enables decision-makers to make informed decisions and achieve optimal results. It helps the decision makers select the best possible technology in a scientific manner. To demonstrate the approach taken, a real case of Mumbai city is taken.


Ekonomika ◽  
2021 ◽  
Vol 67 (4) ◽  
pp. 1-9
Author(s):  
Milica Popović ◽  
Gabrijela Popović ◽  
Darjan Karabašević

Personnel selection for an organization is an extremely important process. Modern organizations strive to improve the process of recruitment and selection of personnel as much as possible, in order to provide the organization with quality personnel and thus long-term competitiveness. In addition, the evaluation criteria on which the recruitment and selection process is based is also important, as it has a large impact on the final selection of candidates. Therefore, the aim of this paper is to propose the application of multi-criteria decision-making methods for the process of determining the weighting coefficients of evaluation criteria. Accordingly, the SWARA (Step-Wise Weight Assessment Ratio Analysis) method for determining weights was applied in the paper. The SWARA method proved to be extremely reliable when it comes to defining the weights of evaluation criteria, primarily due to its simplicity and the fact that respondents and domain experts could easily express their views on the issue.


Author(s):  
Diêgo Andrade de Oliveira ◽  
Rosângela Souza Lessa ◽  
Suzana Cristina Silva Ribeiro ◽  
Pedro Fonseca de Vasconcelos

Abstract: Introduction: In the context of medical school, the development of methodologies that stimulate the students’ search for learning, autonomy and creativity are essential for medical education in Brazil. The study aims to describe the construction of infographics as a pedagogical proposal for the learning of organic human aging processes by medical students. Method: Medical students attending the 4th period at a Higher Education Institution built infographics, as a requirement for the practical content of the Aging Process module. The static-type infographic was adopted, following criteria such as the definition of the target audience; definition of the objective; choice of topic; selection of the most relevant information (focus); direct and accessible language; organized information; choices of color palettes and style and; infographic sketch. The entire creation process was supervised by the teacher in charge of the project, and evaluation criteria were previously established. Results: The class was divided into seven groups, resulting in the production of an infographic with a specific topic per group. The human aging topics were: Degenerative Joint Diseases, Bone Weakness, Pneumonia in the Elderly, Acute Myocardial Infarction, Vascular Dementia, Atherosclerosis and Herpes Zoster. It is worth noting that in addition to the creation, each group presented the final product to the other colleagues, explaining each item included in the static infographic. Conclusions: We observed that the students satisfactorily met the proposed evaluation requirements, demonstrating their involvement in the construction of infographics and, above all, in simple, creative and objective learning, using a powerful visual tool. We also add that the printed material will be used as aid in the histology laboratory and in extramural activities.


2020 ◽  
Vol 30 (3) ◽  
Author(s):  
Ewa Roszkowska ◽  
Marzena Filipowicz-Chomko ◽  
Tomasz Wachowicz

When evaluating or ordering alternatives in given multiple criteria, decision makers often use aspiration and reservation levels for criteria, which allows them to define some reference alternatives that build a common framework for the evaluation. In this paper, a new multiple criteria approach called DARP (Distances to Aspiration Reference Points) is presented, which can be implemented in a specific evaluation or ranking problem when many different aspiration levels should be taken into consideration. One example of such problem is measuring sustainable development of countries or states within the Union. In DARP, in order to measure the performance of alternative (state), the notion of distances between alternative and individual or common aspiration reference points is used. To handle the problem of different reference points, a modified max-min normalisation technique is proposed. DARP application for measuring Smart Growth of the EU countries is conducted to demonstrate the effectiveness of the proposed method.


2020 ◽  
Vol 2020 ◽  
pp. 1-11 ◽  
Author(s):  
Juan Luis García Guirao ◽  
M. Sarwar Sindhu ◽  
Tabasam Rashid ◽  
Agha Kashif

Similarity measures have a great importance in the decision-making process. In order to identify the similarity between the options, many experts have established several types of similarity measures on the basis of vectors and distances. The Cosine, Dice, and Jaccard are the vector similarity measures. The present work enclosed the modified Jaccard and Dice similarity measures. Founded on the Dice and Jaccard similarity measures, we offered a multiple criteria decision-making (MCDM) model under the dual hesitant fuzzy sets (DHFSs) situation, in which the appraised values of the alternatives with respect to criteria are articulated by dual hesitant fuzzy elements (DHFEs). Since the weights of the criteria have a much influence in making the decisions, therefore decision makers (DMs) allocate the weights to each criteria according to their knowledge. In the present work, we get rid of the doubt to allocate the weights to the criteria by taking an objective function under some constraints and then extended the linear programming (LP) technique to evaluate the weights of the criteria. The Dice and Jaccard weighted similarity measures are practiced amongst the ideal and each alternative to grade all the alternatives to get the best one. Eventually, two practical examples, about investment companies and selection of smart phone accessories are assumed to elaborate the efficiency of the proposed methodology.


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