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Project Selection By Using Fuzzy Ahp And Topsis Technique · Study

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ArticleProject Selection By Using Fuzzy Ahp And Topsis Technique

S. Mahmoodzadeh2007

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Articlegreen2007

Project Selection By Using Fuzzy Ahp And Topsis Technique

S. Mahmoodzadeh · Jamal Shahrabi · Mahmood Pariazar · Mohammad Saeed Zaeri

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Multi-Criteria Decision Making Capital Investment and Risk Analysis Optimization and Mathematical Programming

Abstract

In this article, by using fuzzy AHP and TOPSIS technique we propose a new method for project selection problem. After reviewing four common methods of comparing alternatives investment (net present value, rate of return, benefit cost analysis and payback period) we use them as criteria in AHP tree. In this methodology by utilizing improved Analytical Hierarchy Process by Fuzzy set theory, first we try to calculate weight of each criterion. Then by implementing TOPSIS algorithm, assessment of projects has been done. Obtained results have been tested in a numerical example.

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References

1996Fuzzy sets 1985The Analytic Hierarchy Process 1989Project management — A managerial approach 2003Multi‐criteria supplier selection using fuzzy AHP 2004Comparison of weights in TOPSIS models 2000Project portfolio selection through decision support

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2014A hybrid multi-criteria decision modeling approach for the best biodiesel blend selection based on ANP-TOPSIS analysis 2012Use of analytic hierarchy process (AHP) for selection of 3PL providers 2014Supply chain performance measurement for third party logistics 2019EVALUATION OF SUPPLIERS UNDER UNCERTAINTY: A MULTIPHASE APPROACH BASED ON FUZZY AHP AND FUZZY EDAS 2009An application of Multicriteria Decision Making to built heritage. The case of Calcutta 2017APPLICATION OF FUZZY AHP FOR RANKING AND SELECTION OF ALTERNATIVES IN CONSTRUCTION PROJECT MANAGEMENT 2012Selecting the Best Project Using the Fuzzy ELECTRE Method 2010A fuzzy robust evaluation model for selecting and ranking NPD projects using Bayesian belief network and weight-restricted DEA

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Details

Year2007

Typearticle

Published2007-06-26

Languageen

Citations259

Files0 public / 0

ShelfMulti-Criteria Decision Making

Identifiers

doi10.5281/zenodo.1327747

openalex_workW2166406328

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