Multi-Criteria Decision Aiding in Project Management - Outranking Approach and Verbal Decision Analysis

• Authors: Dorota Górecka
• Languages of publication: EN

Abstracts

EN

Two different approaches were implemented to aid the process of selecting the best variant of road construction, namely approach based on the outranking relation and verbal decision analysis. Out of wide range of outranking methods three very well known were applied: ELECTRE Iv, PROMETHEE I and PROMETHEE II. In the case of VDA UniComBOS was used. The results obtained with different methods were not identical, nevertheless it was possible to identify variant worth recommendation, i.e. variant 2 a , which was always on one of two first places in rankings, regardless of the method that was used. On the other hand, variant 5 a was found to be the worst solution - its weakness was confirmed by all methods. The analysis conducted in the article proved that both described approaches can be used for solving the decision-making problems connected with project management. Although both of them have some disadvantages, as for example necessity to interact with decision-maker in order to determine values of parameters in the case of outranking methods and time-consuming as well as tiring comparisons in the case of VDA, they can improve the decision-making processes and help project managers to make more reasonable decisions. As a matter of fact, because of the differences between them, they can complement each other. Therefore it would be practical and beneficial to employ them simultaneously in all cases when it is merely possible and feasible.

Keywords

EN

Decision making; Project management

PL

Podejmowanie decyzji; Zarządzanie projektem

• Publisher: Uniwersytet Ekonomiczny w Katowicach
• Journal: Studia Ekonomiczne
• Year: 2013
• Volume: 137
• Pages: 11-38

Contributors

author

Dorota Górecka

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Identifiers

ISSN

2083-8611