• DocumentCode
    3230160
  • Title

    Multiple attribute decision making application of ordered weighted geometric averaging operator in project evaluation

  • Author

    Liu, Jingyu

  • Author_Institution
    Jiangxi Vocational Coll. of Finance & Econ., Jiujiang, China
  • fYear
    2011
  • fDate
    27-29 May 2011
  • Firstpage
    737
  • Lastpage
    741
  • Abstract
    The mixed qualitative and quantitative information increase the difficulty for managers to evaluate the alternative schemes in project management. And the Approach of Ordered Weighted Geometric Averaging Operator (OWGA) is introduced to solve the problem with the mixed information of the influence factors. Taking the e-business project evaluation of company X for example, the synthetical evaluation values of the alternative five schemes are computed. The results indicate that the scheme (scheme 5) that is of low risk and cost but of acceptable return, market effect and brand effect would be implemented. The results are line with the actual situation and operational reality and the robustness is proved significantly. And the total computation work can be done by simple software and little manpower, so the effectiveness is assured. Therefore, the applicability of OWGA in commercial project management is proved significantly.
  • Keywords
    decision making; project management; OWGA; brand effect; commercial project management; e-business project evaluation; market effect; multiple attribute decision making application; operational reality; ordered weighted geometric averaging operator; qualitative information; quantitative information; robustness; Welding; Multiple Attribute Decision Making; Ordered Weighted Geometric Averaging Operator; Project Evaluation;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Communication Software and Networks (ICCSN), 2011 IEEE 3rd International Conference on
  • Conference_Location
    Xi´an
  • Print_ISBN
    978-1-61284-485-5
  • Type

    conf

  • DOI
    10.1109/ICCSN.2011.6014195
  • Filename
    6014195