Multi-criteria performance analysis for decision making in project management

Marquès, Guillaume; Gourc, Didier; Lauras, Matthieu

doi:10.1016/j.ijproman.2010.10.002

Cited by 124 publications

(66 citation statements)

References 25 publications

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“…The term complexity is an increasingly important point of reference when we are trying to understand the managerial demands of modern projects in general, and of the various situations encountered in projects [24,25]. On the one hand, a project is a temporary and transient organization surrounded by inherent uncertainty [24,26].…”

Section: Literature Reviewmentioning

confidence: 99%

“…When complexity becomes too great, the possibilities and interrelations become so fuzzy that the system has to be assisted by appropriate tools and skills. Consequently, managers facing complex project need access to a decision-making aid model based on relevant performance evaluation [24]. Therefore the project performance evaluation is inevitable and necessary issue.…”

Section: Literature Reviewmentioning

confidence: 99%

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A Novel Approach for Evaluation of Projects Using an Interval–Valued Fuzzy Additive Ratio Assessment (ARAS) Method: A Case Study of Oil and Gas Well Drilling Projects

et al. 2018

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Abstract:The beginning of the 21st-century resulted in a more developed multi-attribute decisionmaking (MADM) tool and inspired new application areas that have resulted in discoveries in sustainable construction and building life cycle analysis. Construction and civil engineering stand for the central axis of a body consisting of a multidisciplinary (multi-dimensional) world with ties to disciplines constituting the surface, and with the disciplines, as a consequence, tied to each other. When dealing with multi-attribute decision-making problems generally multiple solutions exist, especially when there is a large number of attributes, and the concept of Pareto-optimality is inefficient. The symmetry and structural regularity are essential concepts in many natural and man-made objects and play a crucial role in the design, engineering, and development of the world. The complexity and risks inherent in projects along with different effective indicators for success and failure may contribute to the difficulties in performance evaluation. In such situations, increasing the importance of uncertainty is observed. This paper proposes a novel integrated tool to find a balance between sustainable development, environmental impact and human well-being, i.e., to find symmetry axe with respect to goals, risks, and constraints (attributes) to cope with the complicated problems. The concept of "optimal solution" as the maximum degree of implemented goals (attributes) is very important. The model is built using the most relevant variables cited in the reviewed project literature and integrates two methods: the Step-Wise Weight Assessment Ratio Analysis (SWARA) method and a novel interval-valued fuzzy extension of the Additive Ratio Assessment (ARAS) method. This model was used to solve real case study of oil and gas well drilling projects evaluation. Despite the importance of oil and gas well drilling projects, there is lack of literature that describes and evaluates performance in this field projects. On the other hand, no structured assessment methodology has been presented for these types of projects. Given the limited research on performance evaluation in oil & gas well-drilling projects, the research identifies a set of performance criteria and proposes an evaluation model using fuzzy Delphi method. An illustrative example shows that the proposed method is a useful and alternative decision-making method.

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Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

A Novel Approach for Evaluation of Projects Using an Interval–Valued Fuzzy Additive Ratio Assessment (ARAS) Method: A Case Study of Oil and Gas Well Drilling Projects

et al. 2018

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“…MACBETH tool is used for analysing performance of the subsequent data of (PPMS) with respect as per project manager. [10] The Selection of Project Manager is a critical task that contains multiple criteria that must consider such as past project performance, suitability and nature of project and qualification of candidate. Project Performance are often measure by the cost, time and technical description.…”

Section: Literature Reviewmentioning

confidence: 99%

Predictive Approach towards Software Effort Estimation using Evolutionary Support Vector Machine

Mahboob¹,

Gull²,

Ehsan³

et al. 2017

ijacsa

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Abstract-The project effort measurement is one of the most important estimates done in project management domain. This measure is done in advance using some traditional methods like Function Point analysis, Use case analysis, PERT analysis, Analogous, Poker, etc. Classical models have limitations that they are burdensome to implement, especially when there are LOC (lines of code) or objects' count required in measurement. Sometimes historical information regarding a project is also considered to estimate the projects' effort. But these estimates are then needed to be adjusted. The idea proposed in this research is to determine what factors regarding a project are directly related to the effort estimation. Other than that a model is proposed to predict the effort using minimum number of parameters in software project development.

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mentioning

confidence: 99%