DocumentCode
2963882
Title
Construction Project Transaction Mode Comprehensive Evaluation Based on Stochastic Weight Assignment Method
Author
Hong Wei-min ; Liu Hong-mei ; Chen Wei-wei ; Liu Shu-qing
Author_Institution
Sch. of Civil Eng. & Archit., Nantong Univ., Nantong, China
fYear
2011
fDate
12-14 Aug. 2011
Firstpage
1
Lastpage
4
Abstract
Considering the shortcomings of the attribute weight setting method used currently in the decision model of choosing project transaction mode, which is typically characterized by precise weights, the stochastic problem of index weight of multi-attribute comprehensive evaluation is researched. Under the weight interval information is chosen, the stochastic weight assignment method is used to determine the value of weight. Then, combined with Monte-Carlo simulation, which can analyze the impacts of changes of weights on comprehensive evaluation results to enhance the applicability of the model. At last, an real example is proposed to demonstrate such model and solution are efficient.
Keywords
Monte Carlo methods; construction industry; project management; stochastic processes; Monte-Carlo simulation; attribute weight setting method; construction project transaction mode comprehensive evaluation; multiattribute comprehensive evaluation; stochastic weight assignment method; weight interval information; Analytical models; Contracts; Indexes; Monte Carlo methods; Probability; Resource management; Stochastic processes;
fLanguage
English
Publisher
ieee
Conference_Titel
Management and Service Science (MASS), 2011 International Conference on
Conference_Location
Wuhan
Print_ISBN
978-1-4244-6579-8
Type
conf
DOI
10.1109/ICMSS.2011.5998203
Filename
5998203
Link To Document