Share:


Multi‐objective contractor's ranking by applying the Moora method

Abstract

Construction, taking off, maintenance and facilities management of a building is a typical example of consumer sovereignty: the new owner likes to have a reasonable price to pay, to have confidence in the contractor, to know about the duration of the works, the service after completion and the quality of the work. On the other side the contractor has his objectives too, like the satisfaction of the client, diminishing of external costs and annoyances and the management cost per employee as low as possible. In other words it concerns a problem of multi‐objectives. Therefore a final ranking will show the best performing contractor from the point of view of the clients but also from the point of view of the contractors themselves. The MOORA method based on ratio analysis and dimensionless measurement will accomplish the job of ranking the contractors in a non‐subjective way. As an application the largest maintenance contractors of dwellings in Vilnius, capital of Lithuania, were approached.


First published online: 14 Oct 2010

Keyword : contractor, decision making, multi‐objectives, alternatives, sampling, ratio analysis, dimensionless measures, ranking and optimization, the MOORA method

How to Cite
Brauers, W. K. M., Zavadskas, E. K., Turskis, Z., & Vilutienė, T. (2008). Multi‐objective contractor’s ranking by applying the Moora method. Journal of Business Economics and Management, 9(4), 245-255. https://doi.org/10.3846/1611-1699.2008.9.245-255
Published in Issue
Dec 31, 2008
Abstract Views
1075
PDF Downloads
553
Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.