Improved AHP Method and Its Application in Risk Identification

AbstractThe analytic hierarchy process (AHP) approach has been widely used in multicriteria decision making (MCDM). It is very difficult to meet the consistency requirement of a comparison matrix (CM) in AHP. The authors analyze the reasons for inconsistent CM in AHP and propose an improved AHP (IAH...

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Published inJournal of construction engineering and management Vol. 139; no. 3; pp. 312 - 320
Main Authors Li, Fengwei, Phoon, Kok Kwang, Du, Xiuli, Zhang, Mingju
Format Journal Article
LanguageEnglish
Published Reston, VA American Society of Civil Engineers 01.03.2013
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ISSN0733-9364
1943-7862
1943-7862
DOI10.1061/(ASCE)CO.1943-7862.0000605

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Abstract AbstractThe analytic hierarchy process (AHP) approach has been widely used in multicriteria decision making (MCDM). It is very difficult to meet the consistency requirement of a comparison matrix (CM) in AHP. The authors analyze the reasons for inconsistent CM in AHP and propose an improved AHP (IAHP) to improve CM consistency by using a sorting and ranking methodology. The results of comparing AHP with IAHP by MATLAB simulation show that IAHP is more suitable for solving MCDM problems when the number of elements or factors is 5 or more in MCDM. A case study is presented to illustrate the performance of IAHP when applied to risk identification during an open-cut subway construction. The application results show that IAHP is superior to AHP in terms of CM consistency, information extraction effectiveness, and convenience in practical implementation.
AbstractList AbstractThe analytic hierarchy process (AHP) approach has been widely used in multicriteria decision making (MCDM). It is very difficult to meet the consistency requirement of a comparison matrix (CM) in AHP. The authors analyze the reasons for inconsistent CM in AHP and propose an improved AHP (IAHP) to improve CM consistency by using a sorting and ranking methodology. The results of comparing AHP with IAHP by MATLAB simulation show that IAHP is more suitable for solving MCDM problems when the number of elements or factors is 5 or more in MCDM. A case study is presented to illustrate the performance of IAHP when applied to risk identification during an open-cut subway construction. The application results show that IAHP is superior to AHP in terms of CM consistency, information extraction effectiveness, and convenience in practical implementation.
The analytic hierarchy process (AHP) approach has been widely used in multicriteria decision making (MCDM). It is very difficult to meet the consistency requirement of a comparison matrix (CM) in AHP. The authors analyze the reasons for inconsistent CM in AHP and propose an improved AHP (IAHP) to improve CM consistency by using a sorting and ranking methodology. The results of comparing AHP with IAHP by MATLAB simulation show that IAHP is more suitable for solving MCDM problems when the number of elements or factors is 5 or more in MCDM. A case study is presented to illustrate the performance of IAHP when applied to risk identification during an open-cut subway construction. The application results show that IAHP is superior to AHP in terms of CM consistency, information extraction effectiveness, and convenience in practical implementation.
Author Du, Xiuli
Phoon, Kok Kwang
Li, Fengwei
Zhang, Mingju
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Issue 3
Keywords Performance evaluation
Statistical analysis
Questionnaire
Risk identification
Project management
Analytic hierarchy process
Identification
Improved analytic hierarchy process
Statistics
Construction industry
Analytical method
Analytic hierarchy process (AHP)
Risk management
Construction management
Comparative study
Quantitative analysis
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Snippet AbstractThe analytic hierarchy process (AHP) approach has been widely used in multicriteria decision making (MCDM). It is very difficult to meet the...
The analytic hierarchy process (AHP) approach has been widely used in multicriteria decision making (MCDM). It is very difficult to meet the consistency...
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SubjectTerms Analytic hierarchy process
Applied sciences
Buildings. Public works
Computation methods. Tables. Charts
Consistency
Construction engineering
Exact sciences and technology
Information retrieval
Matlab
Project management. Process of design
Risk
Simulation
Structural analysis. Stresses
Subway construction
Technical Papers
Title Improved AHP Method and Its Application in Risk Identification
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http://scholarbank.nus.edu.sg/handle/10635/91012
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