A Grey-Based Fuzzy ELECTRE Model for Project Selection
Project selection is considered as an important problem in project management. It is multi-criteria in nature and is based on various quantitative and qualitative factors. The main purpose of this paper is to present a new rank-based method for project selection in outranking relation. According to...
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| Format: | Article |
| Language: | English |
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Islamic Azad University, Qazvin Branch
2015-12-01
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| Series: | Journal of Optimization in Industrial Engineering |
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| Online Access: | http://www.qjie.ir/article_174_b6c14b687e4d7ebefa7fe522cafd90db.pdf |
| _version_ | 1818899215417344000 |
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| author | Farshad Faezy Razi |
| author_facet | Farshad Faezy Razi |
| author_sort | Farshad Faezy Razi |
| collection | DOAJ |
| description | Project selection is considered as an important problem in project management. It is multi-criteria in nature and is based on various quantitative and qualitative factors. The main purpose of this paper is to present a new rank-based method for project selection in outranking relation. According to this approach, decision alternatives were clustered in the concordance matrix and the discordance matrix through the ELECTRE model based on intuitionistic trapezoidal fuzzy numbers. Then, the two matrices were integrated and ranked using grey relational coefficients and the Minkowski space distance. The results of the model were compared with grey relational projection method with intuitionistic trapezoidal fuzzy number. To illustrate the proposed methodology, a case study was conducted to select National Iranian Oil Company projects. |
| first_indexed | 2024-12-19T19:44:25Z |
| format | Article |
| id | doaj.art-6080c45a265b47e4816fc4fa54bbaf2b |
| institution | Directory Open Access Journal |
| issn | 2251-9904 2423-3935 |
| language | English |
| last_indexed | 2024-12-19T19:44:25Z |
| publishDate | 2015-12-01 |
| publisher | Islamic Azad University, Qazvin Branch |
| record_format | Article |
| series | Journal of Optimization in Industrial Engineering |
| spelling | doaj.art-6080c45a265b47e4816fc4fa54bbaf2b2022-12-21T20:08:10ZengIslamic Azad University, Qazvin BranchJournal of Optimization in Industrial Engineering2251-99042423-39352015-12-018175766174A Grey-Based Fuzzy ELECTRE Model for Project SelectionFarshad Faezy Razi0Assistant Professor, Department of Industrial Management, Semnan Branch, Islamic Azad University, Semnan, IranProject selection is considered as an important problem in project management. It is multi-criteria in nature and is based on various quantitative and qualitative factors. The main purpose of this paper is to present a new rank-based method for project selection in outranking relation. According to this approach, decision alternatives were clustered in the concordance matrix and the discordance matrix through the ELECTRE model based on intuitionistic trapezoidal fuzzy numbers. Then, the two matrices were integrated and ranked using grey relational coefficients and the Minkowski space distance. The results of the model were compared with grey relational projection method with intuitionistic trapezoidal fuzzy number. To illustrate the proposed methodology, a case study was conducted to select National Iranian Oil Company projects.http://www.qjie.ir/article_174_b6c14b687e4d7ebefa7fe522cafd90db.pdfFuzzy GRAFuzzy ELECTREGRA based FELECTREProject selection |
| spellingShingle | Farshad Faezy Razi A Grey-Based Fuzzy ELECTRE Model for Project Selection Journal of Optimization in Industrial Engineering Fuzzy GRA Fuzzy ELECTRE GRA based FELECTRE Project selection |
| title | A Grey-Based Fuzzy ELECTRE Model for Project Selection |
| title_full | A Grey-Based Fuzzy ELECTRE Model for Project Selection |
| title_fullStr | A Grey-Based Fuzzy ELECTRE Model for Project Selection |
| title_full_unstemmed | A Grey-Based Fuzzy ELECTRE Model for Project Selection |
| title_short | A Grey-Based Fuzzy ELECTRE Model for Project Selection |
| title_sort | grey based fuzzy electre model for project selection |
| topic | Fuzzy GRA Fuzzy ELECTRE GRA based FELECTRE Project selection |
| url | http://www.qjie.ir/article_174_b6c14b687e4d7ebefa7fe522cafd90db.pdf |
| work_keys_str_mv | AT farshadfaezyrazi agreybasedfuzzyelectremodelforprojectselection AT farshadfaezyrazi greybasedfuzzyelectremodelforprojectselection |