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Project selection for group decision making using analytical hierarchy process: A private college perspective

Fuzaini, Mohamad (2015) Project selection for group decision making using analytical hierarchy process: A private college perspective. Masters thesis, Universiti Utara Malaysia.

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Abstract

Selection of the right projects is considerably critical for organizations to successfully achieve their competitive advantages and corporate strategies. Due to limited resources and dynamic changes in the business environment, selection of projects is quite challenging. The main purpose of this case study was to identify the project selection criteria that best meet the requirements of a well-diversified group of companies. Decision makers need a structured approach for decision making that allows the necessary trade-offs in a systematic fashion, in light of all of the considerations at hand. One structured approach to decision making that may work well is Analytical Hierarchy Process (AHP) which uses simple judgment known as pair-wise comparison. This paper reports the results of a case study where the AHP technique was employed to support the project selection in a multi-criteria environment. Six selection criteria and four alternatives projects were identified. The selection criteria include financial aspect, strategy, risk, urgency, contractor availability and technical knowledge. The AHP technique successfully helped the group decision makers to single out the most appropriate project that best suits the organization’s operational needs and prioritize these projects accordingly

Item Type: Thesis (Masters)
Uncontrolled Keywords: Project selection, Analytical Hierarchy Process, Multi-criteria decision making
Subjects: H Social Sciences > HF Commerce. > HF5549-5549.5 Personnel Management. Employment
Divisions: Othman Yeop Abdullah Graduate School of Business
Depositing User: Mr. Badrulsaman Hamid
Date Deposited: 12 Oct 2015 06:59
Last Modified: 12 Apr 2016 06:23
URI: http://etd.uum.edu.my/id/eprint/5008

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