Multicriteria method ELECTRE IV-H to prioritize activities in projects

Multicriteria method ELECTRE IV-H to prioritize activities in projects

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Article ID: iaor20084358
Country: Brazil
Volume: 27
Issue: 2
Start Page Number: 247
End Page Number: 269
Publication Date: May 2007
Journal: Pesquisa Operacional
Authors: ,
Keywords: decision theory: multiple criteria
Abstract:

This paper deals with activities prioritization of construction projects. The key question is related to the establishment of activities prioritization procedure in a multiple-project view, considering multiple criteria. Taking into account particular aspects of this problem, a new multicriteria method ELECTRE IV-H (based on ELECTRE IV method) was developed as a new approach to build an outranking relation. Thus, this paper presents this new proposed method to evaluate activities prioritization problem in construction projects, considering the difficulty of obtaining information during the structuring of the decision problem, i.e., when decision-makers can not establish the relative importance among criteria.

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