MRO contract selection with risk assessment based on multi-attribute utility theory (MAUT)
Contracts Selection is proving to be an important aspect in higher management for any organisation today. With more companies outsourcing costly, non-essential business areas to dedicated service providers, selecting the right Contract is crucial to daily operations and cost budgeting and control. C...
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| Format: | Final Year Project (FYP) |
| Language: | English |
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2012
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| Online Access: | http://hdl.handle.net/10356/50454 |
| _version_ | 1826120819420430336 |
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| author | Izuan Hussain Bagarib. |
| author2 | School of Mechanical and Aerospace Engineering |
| author_facet | School of Mechanical and Aerospace Engineering Izuan Hussain Bagarib. |
| author_sort | Izuan Hussain Bagarib. |
| collection | NTU |
| description | Contracts Selection is proving to be an important aspect in higher management for any organisation today. With more companies outsourcing costly, non-essential business areas to dedicated service providers, selecting the right Contract is crucial to daily operations and cost budgeting and control. Contracts are complicated as they involve multiple attributes that require attention and assessment. Different attributes may be of greater importance than others and this does affect decision-making. On its own, contract cost (one attribute) is affected by the service levels (all other attributes) stated in the Contract to be considered. Organisations are required to study and evaluate the trade-offs involved in choosing the most cost-beneficial, operationally-effective Contract Alternative within their budget. |
| first_indexed | 2024-10-01T05:22:40Z |
| format | Final Year Project (FYP) |
| id | ntu-10356/50454 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T05:22:40Z |
| publishDate | 2012 |
| record_format | dspace |
| spelling | ntu-10356/504542023-03-04T19:12:02Z MRO contract selection with risk assessment based on multi-attribute utility theory (MAUT) Izuan Hussain Bagarib. School of Mechanical and Aerospace Engineering Chen Songlin DRNTU::Engineering::Mechanical engineering Contracts Selection is proving to be an important aspect in higher management for any organisation today. With more companies outsourcing costly, non-essential business areas to dedicated service providers, selecting the right Contract is crucial to daily operations and cost budgeting and control. Contracts are complicated as they involve multiple attributes that require attention and assessment. Different attributes may be of greater importance than others and this does affect decision-making. On its own, contract cost (one attribute) is affected by the service levels (all other attributes) stated in the Contract to be considered. Organisations are required to study and evaluate the trade-offs involved in choosing the most cost-beneficial, operationally-effective Contract Alternative within their budget. Bachelor of Engineering (Mechanical Engineering) 2012-06-04T08:50:28Z 2012-06-04T08:50:28Z 2012 2012 Final Year Project (FYP) http://hdl.handle.net/10356/50454 en Nanyang Technological University 52 p. application/pdf |
| spellingShingle | DRNTU::Engineering::Mechanical engineering Izuan Hussain Bagarib. MRO contract selection with risk assessment based on multi-attribute utility theory (MAUT) |
| title | MRO contract selection with risk assessment based on multi-attribute utility theory (MAUT) |
| title_full | MRO contract selection with risk assessment based on multi-attribute utility theory (MAUT) |
| title_fullStr | MRO contract selection with risk assessment based on multi-attribute utility theory (MAUT) |
| title_full_unstemmed | MRO contract selection with risk assessment based on multi-attribute utility theory (MAUT) |
| title_short | MRO contract selection with risk assessment based on multi-attribute utility theory (MAUT) |
| title_sort | mro contract selection with risk assessment based on multi attribute utility theory maut |
| topic | DRNTU::Engineering::Mechanical engineering |
| url | http://hdl.handle.net/10356/50454 |
| work_keys_str_mv | AT izuanhussainbagarib mrocontractselectionwithriskassessmentbasedonmultiattributeutilitytheorymaut |