Multi crteria decision making and its applications : a literature review

This paper presents current techniques used in Multi Criteria Decision Making (MCDM) and their applications. Two basic approaches for MCDM, namely Artificial Intelligence MCDM (AIMCDM) and Classical MCDM (CMCDM) are discussed and investigated. Recent articles from international journals related to MCDM are collected and analyzed to find which approach is more common than the other in MCDM. Also, which area these techniques are applied to. Those articles are appearing in journals for the year 2008 only. This paper provides evidence that currently, both AIMCDM and CMCDM are equally common in MCDM

A review of application of multi-criteria decision making methods in construction

Construction is an area of study wherein making decisions adequately can mean the difference between success and failure. Moreover, most of the activities belonging to this sector involve taking into account a large number of conflicting aspects, which hinders their management as a whole. Multi-criteria decision making analysis arose to model complex problems like these. This paper reviews the application of 22 different methods belonging to this discipline in various areas of the construction industry clustered in 11 categories. The most significant methods are briefly discussed, pointing out their principal strengths and limitations. Furthermore, the data gathered while performing the paper are statistically analysed to identify different trends concerning the use of these techniques. The review shows their usefulness in characterizing very different decision making environments, highlighting the reliability acquired by the most pragmatic and widespread methods and the emergent tendency to use some of them in combination

Combining Multi-Criteria Decision Making (MCDM) Methods with Building Information Modelling (BIM): A Review

Integrating building information to support decision-making has been a key challenge in the Architecture, Engineering, and Construction (AEC) industry. The synergy of Building Information Modelling (BIM) and Multi-Criteria Decision Making (MCDM) is expected to improve information integration and decision-making. The aim of this paper is to identify strategies to improve the synergy between MCDM and BIM. From the earliest literature (2009) to the present, this study examines 45 articles combining MCDM with BIM. We find that the five major application domains are sustainability, retrofit, supplier selection, safety, and constructability. Five established strategies for improving the synergy between MCDM and BIM were discussed and can be used as a benchmark for evaluating the application of decision techniques in practice. This study points out gaps of combining MCDM and BIM in the current literature. It also sheds new light into combining MCDM with BIM for practitioners, as to promote integrated decision-making

VIKOR Technique:A Systematic Review of the State of the Art Literature on Methodologies and Applications

The main objective of this paper is to present a systematic review of the VlseKriterijuska Optimizacija I Komoromisno Resenje (VIKOR) method in several application areas such as sustainability and renewable energy. This study reviewed a total of 176 papers, published in 2004 to 2015, from 83 high-ranking journals; most of which were related to Operational Research, Management Sciences, decision making, sustainability and renewable energy and were extracted from the “Web of Science and Scopus” databases. Papers were classified into 15 main application areas. Furthermore, papers were categorized based on the nationalities of authors, dates of publications, techniques and methods, type of studies, the names of the journals and studies purposes. The results of this study indicated that more papers on VIKOR technique were published in 2013 than in any other year. In addition, 13 papers were published about sustainability and renewable energy fields. Furthermore, VIKOR and fuzzy VIKOR methods, had the first rank in use. Additionally, the Journal of Expert Systems with Applications was the most significant journal in this study, with 27 publications on the topic. Finally, Taiwan had the first rank from 22 nationalities which used VIKOR technique

Creative trans-border cooperation in the field of operations research and sustainable development in civil engineering

The paper presents an overview of the history and achievements of trans-border cooperation in the Lithuania-Germany-Poland triangle in planning instruments in Construction Management, decision-making theory, application of Operational Research, and Multiple Criteria Decision Making (MCDM) methods in Civil Engineering and sustainable development. The cooperation and results of the Colloquiums with 35 years of tradition, their multidimensional nature is underlined. The research instruments, methods, studied phenomena are reviewed and characteristic applications in engineering and economics are presented. The knowledge and combined efforts of three academic centers have created a synergy which set in motion many original methods and spectacular implementations. The Colloquium calendar and the evolution of organizational forms are presented along with the inclusion of the informal EURO Working Group on Operations Research in Sustainable Development and Civil Engineering

Life cycle sustainability assessment for multi-criteria decision making in bridge design: A review

Sustainable design of infrastructures has become a major matter of study since the recent establishment of the Agenda 2030. This paper provides a systematic literature review on the use of multi-criteria decision making techniques used so far for the sustainable design of bridges. Special attention is put as well on how the reviewed studies assess the sustainable performance of bridge designs along their life cycle from the economic, the environmental and the social perspective. Although SAW and AHP are recurrently used in the sustainable assessment of bridges, the analysis of the most recent articles show that the application of TOPSIS and PROMETHEE techniques are gaining increasing relevance for such purpose. Most of the studies focus on the research of the construction and the maintenance stage of bridges. However, a need for further analysis is identified when it comes to the assessment of the impacts resulting from the End of Life cycle stage of bridges from a sustainable point of view. The use of intuitionistic and neutrosophic logic have been detected as emerging alternatives to the fuzzy approach of decision making problems

A systematic review of application of multi-criteria decision analysis for aging-dam management

[EN] Decisions for aging-dam management requires a transparent process to prevent the dam failure, thus to avoid severe consequences in socio-economic and environmental terms. Multiple criteria analysis arose to model complex problems like this. This paper reviews specific problems, applications and Multi-Criteria Decision Making techniques for dam management. Multi-Attribute Decision Making techniques had a major presence under the single approach, specially the Analytic Hierarchy Process, and its combination with Technique for Order of Preference by Similarity to Ideal Solution was prominent under the hybrid approach; while a high variety of complementary techniques was identified. A growing hybridization and fuzzification are the two most relevant trends observed. The integration of stakeholders within the decision making process and the inclusion of trade-offs and interactions between components within the evaluation model must receive a deeper exploration. Despite the progressive consolidation of Multi-Criteria Decision Making in dam management, further research is required to differentiate between rational and intuitive decision processes. Additionally, the need to address benefits, opportunities, costs and risks related to repair, upgrading or removal measures in aging dams suggests the Analytic Network Process, not yet explored under this approach, as an interesting path worth investigating.This research was funded by the Spanish Ministry of Economy and Competitiveness along with FEDER funding (Projects BIA201456574-R and ECO2015-66673-R).Zamarrón-Mieza, I.; Yepes, V.; Moreno-Jiménez, JM. (2017). A systematic review of application of multi-criteria decision analysis for aging-dam management. Journal of Cleaner Production. 147:217-230. https://doi.org/10.1016/j.jclepro.2017.01.092S21723014

A Novel Project Risk Assessment Method Development via AHP-TOPSIS Hybrid Algorithm

In project planning, risk assessment method plays vital role. Poorly assessed project risks cause degeneration at project cost, project completion time, and project output quality and project scope. Each project activity risk influence these project success factors. Implementation performance of a project activity triggers or smooth of its successor’s activity risks. Because of this; employing robust and detailed risk assessment methods is important to reach those project goals. In project risk assessment literature, when it is investigated, it is noticed that risk assessment and evaluation methods are only developed at whole project level. Actually, they are not comprehensive enough to evaluate the project risks at activity level. Besides that traditional risk assessment methods such as risk matrix does not able analyze project risk quantitatively. With this motivation, main aim of this study is developing a multi-criteria based decision method which prioritizing project risks at activity level. AHP and TOPSIS method are combined to developed novel method. In this hybrid method, Constructing AHP model is to prioritize work packages with respect to relative importance of project time, project output quality and project cost. Broken down structure of these work packages are used as input for weighted criteria for TOPSIS method. In second layer of this decision method, TOPSIS model is used for prioritizing predetermined activity risks according weighted project work packages success criteria. In the application of this method, a case study approach is followed. In this sense, “Global Furniture Ltd.” which is established in Istanbul, Turkey is chosen as a case to apply newly developed model. Results showed that application of AHP-Stochastic TOPSIS Hybrid Algorithm provides a platform that project risks could be analyzed as quantitative and also at project activity level

A Hybrid Fuzzy TOPSIS – Best Worst Method for Risk Prioritization in Megaprojects

Megaprojects are usually complex and in many cases encounter failure in terms of finish late or overspent. This study aims to investigate the critical risk factors behind these projects as well as their priority. Project risk management is a mature research stream. But when focus on megaprojects the amount of research decreases significantly. This research provides a hierarchy of risk structure in Tehran-Rasht railway megaproject and prioritizes the risk factors through a two-phase methodology. This method is a new hybrid MCDM technique consist of group fuzzy TOPSIS and fuzzy Best-Worst Method. BWM is the latest MCDM technique which in this paper, its fuzzy version combined with fuzzy TOPSIS is employed.  This research also considers all the project success criteria including time, cost and quality simultaneously and calculates the risk priority Index (RPI) accordingly. The results imply that quality is the most important project success factor and the risk elements with greater impact on project quality, get higher PRI. The identified and ranked risk factors help practitioners and academics to follow the subsequent steps of the risk management process of Iranian transportation megaprojects