IDEAS home Printed from https://ideas.repec.org/a/eee/ejores/v195y2009i3p841-849.html
   My bibliography  Save this article

PROMETHEE-MD-2T method for project selection

Author

Listed:
  • Halouani, N.
  • Chabchoub, H.
  • Martel, J.-M.

Abstract

Project selection is a real problem of multicriteria group decision making (MCGDM) where each decision maker expresses his/her preferences depending on the nature of the alternatives and on his/her own knowledge over them. Thus, information, as much quantitative as qualitative, coexists. The traditional methods of MCGDM developed for project selection usually discriminates in favour of quantitative information at the expense of qualitative information, and this is due to the capability to integrate this first type of information inside their procedure. In this article, two new multicriteria 2-tuple group decision methods called "Preference Ranking Organisation Method for Enrichment Evaluation Multi Decision maker 2-Tuple-I and II" (PROMETHEE-MD-2T-I and II) are presented. They are able to integrate inside their procedure both quantitative and qualitative information in an uncertain context. This has been performed by integrating a 2-tuple linguistic representation model dealing with non-homogeneous and imprecise information data made up by valued intervals, numerical and linguistic values into the aggregation operators of Promethee methods. Although they have been developed for project selection problems, these proposed methods can be applied to all kinds of decision-making problems with heterogeneous and multigranular information. Therefore, the application of these methods to real problems will lead to better results in MCGDM. It offers to the decision makers simpler and wider application of the aggregation operators of the Promethee multicriteria method without sacrificing any of its advantageous properties and by taking into account the imprecision of data. A numerical simulation of the proposed method is carried out to show its possibilities.

Suggested Citation

  • Halouani, N. & Chabchoub, H. & Martel, J.-M., 2009. "PROMETHEE-MD-2T method for project selection," European Journal of Operational Research, Elsevier, vol. 195(3), pages 841-849, June.
  • Handle: RePEc:eee:ejores:v:195:y:2009:i:3:p:841-849
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0377-2217(07)01108-3
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Le Teno, J. F. & Mareschal, B., 1998. "An interval version of PROMETHEE for the comparison of building products' design with ill-defined data on environmental quality," European Journal of Operational Research, Elsevier, vol. 109(2), pages 522-529, September.
    2. Herrera, F. & Martinez, L. & Sanchez, P. J., 2005. "Managing non-homogeneous information in group decision making," European Journal of Operational Research, Elsevier, vol. 166(1), pages 115-132, October.
    3. Goumas, M. & Lygerou, V., 2000. "An extension of the PROMETHEE method for decision making in fuzzy environment: Ranking of alternative energy exploitation projects," European Journal of Operational Research, Elsevier, vol. 123(3), pages 606-613, June.
    4. Al-Rashdan, Dina & Al-Kloub, Bashar & Dean, Angela & Al-Shemmeri, Tarik, 1999. "Environmental impact assessment and ranking the environmental projects in Jordan," European Journal of Operational Research, Elsevier, vol. 118(1), pages 30-45, October.
    5. Bertrand Mareschal & Jean Pierre Brans & Philippe Vincke, 1984. "Prométhée: a new family of outranking methods in multicriteria analysis," ULB Institutional Repository 2013/9305, ULB -- Universite Libre de Bruxelles.
    6. Bertrand Mareschal & Jean Pierre Brans & Philippe Vincke, 1986. "How to select and how to rank projects: the Prométhée method," ULB Institutional Repository 2013/9307, ULB -- Universite Libre de Bruxelles.
    7. Brans, J. P. & Vincke, Ph. & Mareschal, B., 1986. "How to select and how to rank projects: The method," European Journal of Operational Research, Elsevier, vol. 24(2), pages 228-238, February.
    8. A S Fernández-Castro & M Jiménez, 2005. "PROMETHEE: an extension through fuzzy mathematical programming," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 56(1), pages 119-122, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Alessio Ishizaka & Philippe Nemery, 2013. "A Multi-Criteria Group Decision Framework for Partner Grouping When Sharing Facilities," Group Decision and Negotiation, Springer, vol. 22(4), pages 773-799, July.
    2. Anjali Singh & Anjana Gupta & Aparna Mehra, 2021. "Best criteria selection based PROMETHEE II method," OPSEARCH, Springer;Operational Research Society of India, vol. 58(1), pages 160-180, March.
    3. Kajal Chatterjee & Sheikh Ahmed Hossain & Samarjit Kar, 2018. "Prioritization of project proposals in portfolio management using fuzzy AHP," OPSEARCH, Springer;Operational Research Society of India, vol. 55(2), pages 478-501, June.
    4. Smith-Perera, Aida & García-Melón, Mónica & Poveda-Bautista, Rocío & Pastor-Ferrando, Juan-Pascual, 2010. "A Project Strategic Index proposal for portfolio selection in electrical company based on the Analytic Network Process," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(6), pages 1569-1579, August.
    5. Arcidiacono, Sally Giuseppe & Corrente, Salvatore & Greco, Salvatore, 2018. "GAIA-SMAA-PROMETHEE for a hierarchy of interacting criteria," European Journal of Operational Research, Elsevier, vol. 270(2), pages 606-624.
    6. Muhammad Abdullah Khalid & Yousaf Ali, 2020. "Economic impact assessment of natural disaster with multi-criteria decision making for interdependent infrastructures," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(8), pages 7287-7311, December.
    7. Tsuen-Ho Hsu & Ling-Zhong Lin, 2014. "Using Fuzzy Preference Method for Group Package Tour Based on the Risk Perception," Group Decision and Negotiation, Springer, vol. 23(2), pages 299-323, March.
    8. Behzadian, Majid & Kazemzadeh, R.B. & Albadvi, A. & Aghdasi, M., 2010. "PROMETHEE: A comprehensive literature review on methodologies and applications," European Journal of Operational Research, Elsevier, vol. 200(1), pages 198-215, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Topcu, Y.I & Ulengin, F, 2004. "Energy for the future: An integrated decision aid for the case of Turkey," Energy, Elsevier, vol. 29(1), pages 137-154.
    2. Behzadian, Majid & Kazemzadeh, R.B. & Albadvi, A. & Aghdasi, M., 2010. "PROMETHEE: A comprehensive literature review on methodologies and applications," European Journal of Operational Research, Elsevier, vol. 200(1), pages 198-215, January.
    3. Haralambopoulos, D.A. & Polatidis, H., 2003. "Renewable energy projects: structuring a multi-criteria group decision-making framework," Renewable Energy, Elsevier, vol. 28(6), pages 961-973.
    4. Madjid Tavana & Akram Shaabani & Francisco Javier Santos-Arteaga & Iman Raeesi Vanani, 2020. "A Review of Uncertain Decision-Making Methods in Energy Management Using Text Mining and Data Analytics," Energies, MDPI, vol. 13(15), pages 1-23, August.
    5. Tsuen-Ho Hsu & Ling-Zhong Lin, 2014. "Using Fuzzy Preference Method for Group Package Tour Based on the Risk Perception," Group Decision and Negotiation, Springer, vol. 23(2), pages 299-323, March.
    6. Morais, Danielle Costa & de Almeida, Adiel Teixeira, 2007. "Group decision-making for leakage management strategy of water network," Resources, Conservation & Recycling, Elsevier, vol. 52(2), pages 441-459.
    7. Safaei Mohamadabadi, H. & Tichkowsky, G. & Kumar, A., 2009. "Development of a multi-criteria assessment model for ranking of renewable and non-renewable transportation fuel vehicles," Energy, Elsevier, vol. 34(1), pages 112-125.
    8. Schwartz, Michael & Göthner, Maximilian, 2009. "A Novel Approach to Incubator Evaluations: The PROMETHEE Outranking Procedures," IWH Discussion Papers 1/2009, Halle Institute for Economic Research (IWH).
    9. Goswami Shankha Shubhra, 2020. "Outranking Methods: Promethee I and Promethee II," Foundations of Management, Sciendo, vol. 12(1), pages 93-110, January.
    10. Wang, Ying-Ming & Yang, Jian-Bo & Xu, Dong-Ling, 2006. "Environmental impact assessment using the evidential reasoning approach," European Journal of Operational Research, Elsevier, vol. 174(3), pages 1885-1913, November.
    11. Cavallaro, Fausto, 2010. "A comparative assessment of thin-film photovoltaic production processes using the ELECTRE III method," Energy Policy, Elsevier, vol. 38(1), pages 463-474, January.
    12. Hajkowicz, Stefan & Higgins, Andrew, 2008. "A comparison of multiple criteria analysis techniques for water resource management," European Journal of Operational Research, Elsevier, vol. 184(1), pages 255-265, January.
    13. Marco Rogna, 2019. "A First-Phase Screening Device for Site Selection of Large-Scale Solar Plants with an Application to Italy," BEMPS - Bozen Economics & Management Paper Series BEMPS57, Faculty of Economics and Management at the Free University of Bozen.
    14. Mahsa Ghandi & Abbas Roozbahani, 2020. "Risk Management of Drinking Water Supply in Critical Conditions Using Fuzzy PROMETHEE V Technique," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 34(2), pages 595-615, January.
    15. Beynon, Malcolm J. & Wells, Peter, 2008. "The lean improvement of the chemical emissions of motor vehicles based on preference ranking: A PROMETHEE uncertainty analysis," Omega, Elsevier, vol. 36(3), pages 384-394, June.
    16. Martina Kuncova & Jana Seknickova, 2022. "Two-stage weighted PROMETHEE II with results’ visualization," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 30(2), pages 547-571, June.
    17. Aikaterini Papapostolou & Charikleia Karakosta & Kalliopi-Anastasia Kourti & Haris Doukas & John Psarras, 2019. "Supporting Europe’s Energy Policy Towards a Decarbonised Energy System: A Comparative Assessment," Sustainability, MDPI, vol. 11(15), pages 1-26, July.
    18. Zohre Hoseinzade & Asal Zavarei & Kourosh Shirani, 2021. "Application of prediction–area plot in the assessment of MCDM methods through VIKOR, PROMETHEE II, and permutation," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 109(3), pages 2489-2507, December.
    19. Willem Brauers, 2013. "Multi-objective seaport planning by MOORA decision making," Annals of Operations Research, Springer, vol. 206(1), pages 39-58, July.
    20. Rogna, Marco, 2020. "A first-phase screening method for site selection of large-scale solar plants with an application to Italy," Land Use Policy, Elsevier, vol. 99(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ejores:v:195:y:2009:i:3:p:841-849. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/eor .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.