• DocumentCode
    2180033
  • Title

    A Post Evaluation Technique for Engineering Project Investment Based on ANP-ENTROPY-TOPSIS

  • Author

    Zhou, Li-Sha ; Li, Chen ; Yu, Xin-Hua

  • Author_Institution
    Sch. of Bus. & Adm., North China Electr. Power Univ., Beijing, China
  • fYear
    2009
  • fDate
    20-22 Sept. 2009
  • Firstpage
    1
  • Lastpage
    4
  • Abstract
    Mutual influence always exists among the indices in engineering project investment evaluation system. Since ANP (Analytic Network Process) technique can scientifically reflect the mutual influence among the indices, it is introduced into this paper instead of AHP to overcome the defect that traditional AHP technique can not reflect the relationship among the indices. And in the weight determining process, entropy method is adopted in combination with ANP to avoid the respective unilateralism of subjective weight method and objective weight method. On this basis, TOPSIS method is applied in the comprehensive evaluation for the engineering project investment schemes to quantitatively rank these schemes. Finally, by means of Super Decision software, an example is provided to show the effectiveness and scientificity of this evaluation technique.
  • Keywords
    decision making; investment; project management; statistical analysis; AHP technique; Super Decision software; TOPSIS method; analytic network process method; engineering project investment; entropy method; weight determining process; Entropy; Feedback; Industrial relations; Investments; Power engineering and energy; Testing;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management and Service Science, 2009. MASS '09. International Conference on
  • Conference_Location
    Wuhan
  • Print_ISBN
    978-1-4244-4638-4
  • Electronic_ISBN
    978-1-4244-4639-1
  • Type

    conf

  • DOI
    10.1109/ICMSS.2009.5305005
  • Filename
    5305005