Title :
Fuzzy Multi-attribute Decision Making Based on Degree of Grey Incidence and TOPSIS in Open Tender of International Project about Contractor Prequalification Evaluation Process
Author :
Cui, Donghong ; Rong Yang
Author_Institution :
Dept. of Manage., Shenyang Univ. of Technol., Shenyang, China
Abstract :
In contractor prequalification evaluation process, there are many indicators which are apprised with Fuzzy linguistic variables. A new making method based on entropy weight and gray TOPSIS is presented here. The decision establishes a new kind of similar approach degree by combining the Euclidean distance with grey correlation degree to appraise the scheme, considers the gray information and fuzzy information in decision-making process and realize evaluation and ranking of the potential bidders overall by comparing with the new kind of similar approach degree. Finally, through analyzing a simple numerical example of contractor prequalification process, the present paper verifies the feasibility and effectiveness of the decision, as well as the advantages, potential and shortcomings of the decision, clearing the direction for future research.
Keywords :
construction industry; contracts; decision making; fuzzy set theory; grey systems; project management; Euclidean distance; contractor prequalification evaluation process; entropy weight; fuzzy information; fuzzy linguistic variables; fuzzy multiattribute decision making; gray TOPSIS; grey correlation degree; grey incidence; international project; Appraisal; Artificial intelligence; Computational intelligence; Conference management; Decision making; Entropy; Euclidean distance; Project management; Qualifications; Technology management; FMADM; TOPSIS; contractorre qualification; gray relational grade;
Conference_Titel :
Artificial Intelligence and Computational Intelligence, 2009. AICI '09. International Conference on
Conference_Location :
Shanghai
Print_ISBN :
978-1-4244-3835-8
Electronic_ISBN :
978-0-7695-3816-7
DOI :
10.1109/AICI.2009.121
