IDEAS home Printed from https://ideas.repec.org/a/ids/ijmcph/v11y2018i4p377-392.html
   My bibliography  Save this article

Shannon entropy weighting technique as a practical weighting decision-making tool in project management

Author

Listed:
  • Alireza Moarefi
  • Rateb J. Sweis
  • Seyyed-Mahmoud Hoseini-Amiri
  • Wassim A. AlBalkhy

Abstract

The decision-making process in projects needs various qualitative and quantitative techniques to make reliable decisions. This study proposes a technique based on multi attributes decision making (MADM) and Shannon entropy weighting technique (S.E.W.T) to prioritise the elements of the iron triangle; cost, time, and quality, in three different sectors: construction, steel, and transportation. Even though the presence of S.E.W.T was insignificant in project management during the last decade, this study tries to refresh this technique as a critical decision tool in projects. This technique could benefit task managers and others making everyday decisions during project execution and design. This is not a comparative study between S.E.W.T and other MADMs, but a study in which the use of S.E.W.T as a weighting decision-making tool for project analysts is expanded, as it need fast and reliable decision-making tools.

Suggested Citation

  • Alireza Moarefi & Rateb J. Sweis & Seyyed-Mahmoud Hoseini-Amiri & Wassim A. AlBalkhy, 2018. "Shannon entropy weighting technique as a practical weighting decision-making tool in project management," International Journal of Management Concepts and Philosophy, Inderscience Enterprises Ltd, vol. 11(4), pages 377-392.
    • Handle: RePEc:ids:ijmcph:v:11:y:2018:i:4:p:377-392
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=96054
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

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

    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:ids:ijmcph:v:11:y:2018:i:4:p:377-392. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=90 .

    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.