Multicriteria Verbal Analysis for the Decision of Construction Problems
Multicriteria Verbal Analysis for the Decision of Construction Problems
Author(s): Andzelika Vishnevskaja, Arunas Barvidas, Leonas Ustinovichius, Ilya V. AshikhminSubject(s): Economy
Published by: Vilnius Gediminas Technical University
Keywords: verbal decision analysis; expert system; decision-making; multi-criteria choice problem; criteria preference-independence; consistency control
Summary/Abstract: The paper aims to analyse the construction contracts and to determine their effectiveness by verbal methods. Contractors of international construction projects are often faced with complicated situations working in the conditions of uncertainty in construction. One of the potential risk factors is associated with the requirements of contract conditions. A simple quantitative method for evaluating the requirements defined in specifications of the contract is presented. One of the major aspects is project or contract management. Project developers need various models of managing large and complex projects. The suggested method for evaluating contract effectiveness may be widely applied at one of the stages of project management. A case study of practical use of verbal methods is presented.
Journal: Technological and Economic Development of Economy
- Issue Year: 2009
- Issue No: 2
- Page Range: 326-340
- Page Count: 15
- Language: English