Multicriteria Decision Method for Project Ranking Considering Uncertainty

Guilherme Marcondes

Abstract

Frequently, decision makers face the challenge of selecting projects to be executed. Resources are not enough for funding all of them. In this challenge, they need the support of a tool or method, due to several criteria to be considered simultaneously. Multicriteria decision methods can provide a good support. However, as inherent to all estimation in projects, uncertainty must be addressed. This works proposes a method for incorporating uncertainty in project selection using ELECTRE II method and Monte Carlo simulation.

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Paper Citation


in Harvard Style

Marcondes G. (2021). Multicriteria Decision Method for Project Ranking Considering Uncertainty.In Proceedings of the 10th International Conference on Operations Research and Enterprise Systems - Volume 1: ICORES, ISBN 978-989-758-485-5, pages 123-128. DOI: 10.5220/0010183601230128


in Bibtex Style

@conference{icores21,
author={Guilherme Marcondes},
title={Multicriteria Decision Method for Project Ranking Considering Uncertainty},
booktitle={Proceedings of the 10th International Conference on Operations Research and Enterprise Systems - Volume 1: ICORES,},
year={2021},
pages={123-128},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010183601230128},
isbn={978-989-758-485-5},
}


in EndNote Style

TY - CONF

JO - Proceedings of the 10th International Conference on Operations Research and Enterprise Systems - Volume 1: ICORES,
TI - Multicriteria Decision Method for Project Ranking Considering Uncertainty
SN - 978-989-758-485-5
AU - Marcondes G.
PY - 2021
SP - 123
EP - 128
DO - 10.5220/0010183601230128