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Evaluating Projects Based on Intuitionistic Fuzzy Group Decision Making

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  • Babak Daneshvar Rouyendegh

Abstract

There are various methods regarding project selection in different fields. This paper deals with an actual application of construction project selection, using two aggregation operators. First, the opinion of experts is used in a model of group decision making called intuitionistic fuzzy TOPSIS (IFT). Secondly, project evaluation is formulated by dynamic intuitionistic fuzzy weighted averaging (DIFWA). Intuitionistic fuzzy weighted averaging (IFWA) operator is utilized to aggregate individual opinions of decision makers (DMs) for rating the importance of criteria and alternatives. A numerical example for project selection is given to clarify the main developed result in this paper.

Suggested Citation

  • Babak Daneshvar Rouyendegh, 2012. "Evaluating Projects Based on Intuitionistic Fuzzy Group Decision Making," Journal of Applied Mathematics, Hindawi, vol. 2012, pages 1-16, July.
  • Handle: RePEc:hin:jnljam:824265
    DOI: 10.1155/2012/824265
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    Cited by:

    1. Quezada, Luis E. & López-Ospina, Héctor A. & Ortiz, César & Oddershede, Astrid M. & Palominos, Pedro I. & Jofré, Paulina A., 2022. "A DEMATEL-based method for prioritizing strategic projects using the perspectives of the Balanced Scorecard," International Journal of Production Economics, Elsevier, vol. 249(C).
    2. Suvojit Dhara & Adrijit Goswami, 2023. "Causal Relationship and Ranking Technique (CRRT): A Novel Group Decision-Making Model and Application in Students’ Performance Assessment in Indian High School Context," Group Decision and Negotiation, Springer, vol. 32(4), pages 835-870, August.

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