Computer-aided decision-making in construction project development
Abstract
One of the most difficult problems in construction is taking objective decisions. A decision-making process is very complicated and time consuming (due to the complex nature of construction projects). Many experts with extensive knowledge of construction industry take subjective decisions related to verbal methods of decision-making. Difficulties are related mostly to the creation of a set of relevant criteria, providing answers to the decision-maker’s questions. A set of proper criteria and mathematical tools (such as computer calculation algorithms with multi-criteria analysis) could significantly improve objective decision-making. The paper presents ESORD – an informatics tool allowing to establish a hierarchy (ranking) of different types of solutions on the basis of mathematical calculation. The authors present a comparison of different methods used for multi-criteria decision-making.
Keywords:
informatics tool, construction projects, multi-criteria decision-making, investment variantsHow to Cite
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Copyright (c) 2015 The Author(s). Published by Vilnius Gediminas Technical University.
This work is licensed under a Creative Commons Attribution 4.0 International License.
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Copyright (c) 2015 The Author(s). Published by Vilnius Gediminas Technical University.
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This work is licensed under a Creative Commons Attribution 4.0 International License.