Risk assessment of construction projects
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Ranking of objects and determination of their optimality are determined by applying TOPSIS grey and COPRAS‐G methods with attributes values determined at intervals, and key findings of the analysis are presented.Abstract:
The paper presents risk assessment of construction projects The assessment is based on the multi‐attribute decision‐making methods The risk evaluation attributes are selected taking into consideration the interests and goals of the stakeholders as well as factors that have influence on the construction process efficiency and real estate value Ranking of objects and determination of their optimality are determined by applying TOPSIS grey and COPRAS‐G methods with attributes values determined at intervals A background and a description of the proposed model are provided and key findings of the analysis are presentedread more
Citations
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References
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Multiple Attribute Decision Making: Methods and Applications
TL;DR: In this paper, the authors present a classification of MADM methods by data type and propose a ranking method based on the degree of similarity of the MADM method to the original MADM algorithm.
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TL;DR: The Grey Systeni and its applications are interdisciplinary, cutting across a variety of specialized fields, and it is evident that Grey System theory stands the test of time since 1982 as mentioned in this paper.
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TL;DR: In this article, the authors present a survey of the state of the art in multiple criterion decision analysis (MCDA) with an overview of the early history and current state of MCDA.