2005
DOI: 10.1287/opre.1040.0158
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Selecting Attributes to Measure the Achievement of Objectives

Abstract: The foundation for any decision is a clear statement of objectives. Attributes clarify the meaning of each objective and are required to measure the consequences of different alternatives. Unfortunately, insufficient thought typically is given to the choice of attributes. This paper addresses this problem by presenting theory and guidelines for identifying appropriate attributes. We define five desirable properties of attributes: they should be unambiguous, comprehensive, direct, operational, and understandabl… Show more

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Cited by 304 publications
(259 citation statements)
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“…Performance measures establish one or more specific metrics that track changes in the objectives related to a proposed action (37). Developing good measures for changes to each interest is essential for the consistent evaluation of alternatives, and also permits clear communication about what matters among the decision participants.…”
Section: Incoherent Values For Lifesavingmentioning
confidence: 99%
“…Performance measures establish one or more specific metrics that track changes in the objectives related to a proposed action (37). Developing good measures for changes to each interest is essential for the consistent evaluation of alternatives, and also permits clear communication about what matters among the decision participants.…”
Section: Incoherent Values For Lifesavingmentioning
confidence: 99%
“…A system to evaluate all bridges consistently is necessary for deciding the rational priority order in such decision making issue, and the performance index to judge the characteristics of each bridge quantitatively is also necessary. Keeney and Gregory (2005) asserted that the performance index used for decision making should be understandable, utilizable, clear, inclusive and direct. The condition state and safety factor presented in the detailed guideline (MLTM 2010) are used to evaluate the performance of bridges in Korea as shown in Tables 1. and 2.…”
Section: Definition Of Risk Level According To the Bridge Performancementioning
confidence: 99%
“…Although it is not possible to represent the complicated decision process of individuals as it is, it is possible to formulate decision heuristics that provide decisions that resemble the decisions of real actors. Referring to the decision analysis field (Keeney and Raiffa 1993;Keeney and Gregory 2005), in order to formulate such a decision process a preference structure, which specifies the relevant importance of the assessment criteria, is used. In the preference structure implemented, the actor groups consider four criteria; cost of supply, price volatility, environmental performance, and in-group familiarity.…”
Section: Model Descriptionmentioning
confidence: 99%