Using engineering economy techniques with group TOPSIS method for best project selection
Selecting projects are an important problem, yet often difficult task. It is complicated because there is usually more than one dimension for measuring the impact of each project and especially when there is more than one decision maker. This paper considers a real application of project selection f...
| Main Authors: | , |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
IEEE
2009
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| Online Access: | http://psasir.upm.edu.my/id/eprint/45825/ http://psasir.upm.edu.my/id/eprint/45825/1/Using%20engineering%20economy%20techniques%20with%20group%20TOPSIS%20method%20for%20best%20project%20selection.pdf |
| _version_ | 1848850543898787840 |
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| author | Mojahed, Majid Dodangeh, Javad |
| author_facet | Mojahed, Majid Dodangeh, Javad |
| author_sort | Mojahed, Majid |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | Selecting projects are an important problem, yet often difficult task. It is complicated because there is usually more than one dimension for measuring the impact of each project and especially when there is more than one decision maker. This paper considers a real application of project selection for Telecommunication projects with using the opinion of experts by one of the group decision making model, it is called TOPSIS method. There are five kinds of criteria that they are include qualitative, quantitative, negative and positive criteria have been considered and also two of them are Net Present Value and Benefit-Cost Analysis that they are engineering economic techniques for selecting the best one amongst five projects and ranking them. We have also used from six expert’s opinion in Cable Network. Finally the introduced method is used in a case study (Telecommunication sector) and extracted results from it are analyzed from different points of view.[12] |
| first_indexed | 2025-11-15T10:07:58Z |
| format | Conference or Workshop Item |
| id | upm-45825 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T10:07:58Z |
| publishDate | 2009 |
| publisher | IEEE |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-458252020-08-10T02:20:48Z http://psasir.upm.edu.my/id/eprint/45825/ Using engineering economy techniques with group TOPSIS method for best project selection Mojahed, Majid Dodangeh, Javad Selecting projects are an important problem, yet often difficult task. It is complicated because there is usually more than one dimension for measuring the impact of each project and especially when there is more than one decision maker. This paper considers a real application of project selection for Telecommunication projects with using the opinion of experts by one of the group decision making model, it is called TOPSIS method. There are five kinds of criteria that they are include qualitative, quantitative, negative and positive criteria have been considered and also two of them are Net Present Value and Benefit-Cost Analysis that they are engineering economic techniques for selecting the best one amongst five projects and ranking them. We have also used from six expert’s opinion in Cable Network. Finally the introduced method is used in a case study (Telecommunication sector) and extracted results from it are analyzed from different points of view.[12] IEEE 2009 Conference or Workshop Item PeerReviewed text en http://psasir.upm.edu.my/id/eprint/45825/1/Using%20engineering%20economy%20techniques%20with%20group%20TOPSIS%20method%20for%20best%20project%20selection.pdf Mojahed, Majid and Dodangeh, Javad (2009) Using engineering economy techniques with group TOPSIS method for best project selection. In: 2009 2nd IEEE International Conference on Computer Science and Information Technology (ICCSIT 2009), 8-11 Aug. 2009, Beijing, China. (pp. 232-234). 10.1109/ICCSIT.2009.5234426 |
| spellingShingle | Mojahed, Majid Dodangeh, Javad Using engineering economy techniques with group TOPSIS method for best project selection |
| title | Using engineering economy techniques with group TOPSIS method for best project selection |
| title_full | Using engineering economy techniques with group TOPSIS method for best project selection |
| title_fullStr | Using engineering economy techniques with group TOPSIS method for best project selection |
| title_full_unstemmed | Using engineering economy techniques with group TOPSIS method for best project selection |
| title_short | Using engineering economy techniques with group TOPSIS method for best project selection |
| title_sort | using engineering economy techniques with group topsis method for best project selection |
| url | http://psasir.upm.edu.my/id/eprint/45825/ http://psasir.upm.edu.my/id/eprint/45825/ http://psasir.upm.edu.my/id/eprint/45825/1/Using%20engineering%20economy%20techniques%20with%20group%20TOPSIS%20method%20for%20best%20project%20selection.pdf |