Development of the PRISM Risk Assessment Method Based on a Multiple AHP-TOPSIS Approach

Bognár, Ferenc; Szentes, Balázs; Benedek, Petra

doi:10.3390/risks10110213

Cited by 14 publications

(8 citation statements)

References 42 publications

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“…These computations of TOPSIS method can be summarized in the following steps (Vahdani et al, 2013) (Bognár et al, 2022;Irfan et al, 2022):…”

Section: 1topsis Methodsmentioning

confidence: 99%

“…These computations of the TOPSIS method can be summarized in the following steps (Vahdani et al 2013;Bognár et al 2022;Irfan et al 2022): where I ′ is associated with benefit criteria, and I ε is associated with cost criteria. 4.…”

Section: Topsis Methodsmentioning

confidence: 99%

“…For example, Yang et al(2009) used TOPSIS to choose an appropriate container transport mode to prevent delivery delay (Yang et al, 2009). Kumar, J.,Singh (2016) utilized TOPSIS Algorithm to optimise the cutting settings to improve the surface finish of Titanium alloy during face milling (Kumar, J.,Singh, 2016) (Bognár et al, 2022;Irfan et al, 2022). Also, TOPSIS has been used to evaluate supplier selection decisions in supply chain management (SCM), prioritize projects in project management (PM), and select investments in financial portfolio management (FPM).…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Contractor selection by using multi-criteria decision making For Egyptian road maintenance

fawzy,

elsharkawy,

hassan

et al. 2023

Preprint

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Egypt has witnessed a revolution in all fields and the establishment of giant projects, which require the selection of the appropriate contractor for their implementation. The major factor for evaluating contractors is the tenders price of the project. The lowest price is not always a guarantee of the quality or time of a building project. Recently, there has been a shift away from the “lowest-price-wins” concept and a subjective judgment towards multi-criteria decision-making of selecting the project's contractors aiming to help owners in making decisions. The manuscript presents a multi-criteria decision-making strategy to optimize the selection of contractors for construction projects. the calculation of this strategy is divided into two phases. The first phase is designed to identify contractor prequalification criteria and utilize the AHP approach based on current Egyptian practice to calculate their weight. The second phase provides two techniques: (1) technique for order preference by similarity to ideal solution (TOPSIS) and (2) vlsekriterijumska optimization I kompromisno resenje (VIKOR) to optimize the selection of the available contractors for construction projects. A real-life case study improvement and refurbishment project is examined to demonstrate the value and highlight capabilities.

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“…These computations of TOPSIS method can be summarized in the following steps (Vahdani et al, 2013) (Bognár et al, 2022;Irfan et al, 2022):…”

Section: 1topsis Methodsmentioning

confidence: 99%

Section: Topsis Methodsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Contractor selection by using multi-criteria decision making For Egyptian road maintenance

fawzy,

elsharkawy,

hassan

et al. 2023

Preprint

View full text Add to dashboard Cite

show abstract

“…Among them, TOPSIS is a comprehensive evaluation method for multi-attribute decision analysis by ranking the closeness between multiple evaluation objects and ideal solutions [33]. Bognár et al [34] proposed the AHP-TOPSIS-based PRISM method, which can be applied more widely for practical decision-making problems than the previous PRISM approaches. Zeng et al [35] improves the TOPSIS by introducing the Mahalanobis distance and Pearson correlation coefficients.…”

Section: Introductionmentioning

confidence: 99%

Multi-Objective Short-Term Optimal Dispatching of Cascade Hydro–Wind–Solar–Thermal Hybrid Generation System with Pumped Storage Hydropower

Li,

Shi,

2023

Energies

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Aiming to mitigate the impact of power fluctuation caused by large-scale renewable energy integration, coupled with a high rate of wind and solar power abandonment, the multi-objective optimal dispatching of a cascade hydro–wind–solar–thermal hybrid generation system with pumped storage hydropower (PSH) is proposed in this paper. Based on the proposed system, the scheduling operation strategy takes into account the complex restrictions of cascade hydropower as well as the flexibility of the PSH. According to various scenarios, the NSGA-II approach is adopted to address the optimization problem, minimizing the system’s residual load variation and operation cost. The Pareto solution sets are contrasted and evaluated, applying the TOPSIS with CRITIC weighting. Additionally, the scheduling output of thermal power, cascade hydropower, and PSH is given in terms of different scenarios. The results demonstrate that the allocation of PSH to a hybrid energy system can significantly reduce the operation cost and the fluctuation in the residual load.

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“…This study aims to apply the AHP-TOPSIS method innovatively to evaluate the emergency management capacity of resilient communities. The method provides different factor weights for the assessment object and in-depth analysis based on the best and worst ideal solution scenarios [ 42 , 43 ].…”

Section: Introductionmentioning

confidence: 99%

Study on the Evaluation of Emergency Management Capacity of Resilient Communities by the AHP-TOPSIS Method

Wang

Deng

et al. 2022

IJERPH

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Community emergency management is directly related to the safety of people’s lives and properties and is concerned with economic development and social stability. This paper established an evaluation model of community emergency management capacity from the perspective of resilience based on hierarchical analysis (AHP) and distance between superior and inferior solutions (TOPSIS). In terms of infrastructure resilience, community organizational resilience, risk, and hidden danger management, emergency material security, emergency force construction, emergency literacy, and the evaluation index system of resilient community emergency management capacity were improved. By the AHP method, the weights of all indexes were determined scientifically. Combined with the TOPSIS method, the fit of the evaluated object which between the positive and negative ideal solution was calculated to determine the optimal evaluation among multiple experts. According to the validated assessment, the low-scoring indicators were analyzed to make practical suggestions for improvement. The results provide new theoretical methods and technical support for the assessment of community emergency response capacity, which also provides reference for the assessment of emergency response capacity in other fields.

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Development of the PRISM Risk Assessment Method Based on a Multiple AHP-TOPSIS Approach

Cited by 14 publications

References 42 publications

Contractor selection by using multi-criteria decision making For Egyptian road maintenance

Contractor selection by using multi-criteria decision making For Egyptian road maintenance

Multi-Objective Short-Term Optimal Dispatching of Cascade Hydro–Wind–Solar–Thermal Hybrid Generation System with Pumped Storage Hydropower

Study on the Evaluation of Emergency Management Capacity of Resilient Communities by the AHP-TOPSIS Method

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