Analytic Network Process Applied to Project Selection
- 1 April 2005
- journal article
- Published by American Society of Civil Engineers (ASCE) in Journal of Construction Engineering and Management
- Vol. 131 (4), 459-466
- https://doi.org/10.1061/(asce)0733-9364(2005)131:4(459)
Abstract
Owing to the complexity of a construction project, the analytic network process (ANP) is helpful to deal with interdependent relationships within a multicriteria decision-making model. This paper demonstrates an example to illustrate how to empirically prioritize a set of projects by using a five-level project selection model. A questionnaire was filled by a group of construction professionals of a medium-sized local developer and scores were computed for prioritizing the potential projects. The paper is relevant to both industry practitioners and researchers. Industry practitioners may adopt the weighted criteria for direct project selection or apply the ANP method to prioritize their own set of selection criteria. Researchers may rely on this paper as a point of departure for exploring other uses of ANP.Keywords
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