DocumentCode :
2180033
Title :
A Post Evaluation Technique for Engineering Project Investment Based on ANP-ENTROPY-TOPSIS
Author :
Zhou, Li-Sha ; Li, Chen ; Yu, Xin-Hua
Author_Institution :
Sch. of Bus. & Adm., North China Electr. Power Univ., Beijing, China
fYear :
2009
fDate :
20-22 Sept. 2009
Firstpage :
1
Lastpage :
4
Abstract :
Mutual influence always exists among the indices in engineering project investment evaluation system. Since ANP (Analytic Network Process) technique can scientifically reflect the mutual influence among the indices, it is introduced into this paper instead of AHP to overcome the defect that traditional AHP technique can not reflect the relationship among the indices. And in the weight determining process, entropy method is adopted in combination with ANP to avoid the respective unilateralism of subjective weight method and objective weight method. On this basis, TOPSIS method is applied in the comprehensive evaluation for the engineering project investment schemes to quantitatively rank these schemes. Finally, by means of Super Decision software, an example is provided to show the effectiveness and scientificity of this evaluation technique.
Keywords :
decision making; investment; project management; statistical analysis; AHP technique; Super Decision software; TOPSIS method; analytic network process method; engineering project investment; entropy method; weight determining process; Entropy; Feedback; Industrial relations; Investments; Power engineering and energy; Testing;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Management and Service Science, 2009. MASS '09. International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-4638-4
Electronic_ISBN :
978-1-4244-4639-1
Type :
conf
DOI :
10.1109/ICMSS.2009.5305005
Filename :
5305005
Link To Document :
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