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Decision Making in Construction Management: AHP and Expert Choice Approach

Access to case study research on multi-criteria decision-making model in construction management added to PMWL





 Provided by Aizhan Aliakbarova

16 May 2017 – Almaty, Kazakhstan – A new resource has been added to the PM World Library related to project management in the construction sphere. The new resource is titled “Decision Making in Construction Management: AHP and Expert Choice Approach”.

This paper describes interesting research on a specific multi-criteria method (MCDM) in construction management. Since one of the key issues in construction is selection of a contractor, then effective and reliable decision-making methods and tools shall be applied in order to be more secure from construction risks. During this study, researchers showed disadvantages of the low-bid method and developed a model for multi-criteria decision based on Analytic Hierarchy Process (AHP) and a multi-objective decision support tool “Expert Choice”. As a result of the research a nine-stage model for solving decision making problems in construction is suggested. Those criteria are: technical experience; performance recourses; financial stability; management performance and employees qualification; capacity; safety record; operation and equipment.

To access this new resource, go to http://pmworldlibrary.net/applications-and-topics/, click on “Procurement Management”, scroll down and click on “Decision Making in Construction Management: AHP and Expert Choice Approach”. Must be registered and logged in to access.

 

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