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An MCDA approach for the selection of bike projects based on structuring and appraising activities

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  • Barfod, Michael Bruhn

Abstract

This paper presents an MCDA approach for the structuring and appraising activities of a large and complex decision problem. More specifically, the paper makes use of the three-step structuring process for decision analysis proposed by von Winterfeldt and Edwards: (1) identifying the problem; (2) selecting an appropriate analytic approach; and (3) developing a detailed analytic structure. For illustration of the approach a case study dealing with the assessment task of prioritising and selecting initiatives and projects from a public pool with limited funds is examined throughout the paper. The process is embedded in a Decision Support System (DSS) making use of the REMBRANDT technique for pair wise comparisons to determine project rankings. A procedure for limiting the number of pair wise comparisons to be made in the process is in this connection presented. Finally, strengths and weaknesses in the approach are discussed and conclusions are made.

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  • Barfod, Michael Bruhn, 2012. "An MCDA approach for the selection of bike projects based on structuring and appraising activities," European Journal of Operational Research, Elsevier, vol. 218(3), pages 810-818.
    • Handle: RePEc:eee:ejores:v:218:y:2012:i:3:p:810-818
    DOI: 10.1016/j.ejor.2011.11.038
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    References listed on IDEAS

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    1. Van den Honert, R. C. & Lootsma, F. A., 2000. "Assessing the quality of negotiated proposals using the REMBRANDT system," European Journal of Operational Research, Elsevier, vol. 120(1), pages 162-173, January.
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    9. Neves, L.P. & Dias, L.C. & Antunes, C.H. & Martins, A.G., 2009. "Structuring an MCDA model using SSM: A case study in energy efficiency," European Journal of Operational Research, Elsevier, vol. 199(3), pages 834-845, December.
    10. Guitouni, Adel & Martel, Jean-Marc, 1998. "Tentative guidelines to help choosing an appropriate MCDA method," European Journal of Operational Research, Elsevier, vol. 109(2), pages 501-521, September.
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    Cited by:

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    2. Johanna Camargo Pérez & Martha Carrillo & Jairo Montoya-Torres, 2015. "Multi-criteria approaches for urban passenger transport systems: a literature review," Annals of Operations Research, Springer, vol. 226(1), pages 69-87, March.
    3. Sabahi, Sima & Parast, Mahour Mellat, 2020. "The impact of entrepreneurship orientation on project performance: A machine learning approach," International Journal of Production Economics, Elsevier, vol. 226(C).
    4. Marleau Donais, Francis & Abi-Zeid, Irène & Waygood, E. Owen D. & Lavoie, Roxane, 2019. "Assessing and ranking the potential of a street to be redesigned as a Complete Street: A multi-criteria decision aiding approach," Transportation Research Part A: Policy and Practice, Elsevier, vol. 124(C), pages 1-19.
    5. Macharis, Cathy & Bernardini, Annalia, 2015. "Reviewing the use of Multi-Criteria Decision Analysis for the evaluation of transport projects: Time for a multi-actor approach," Transport Policy, Elsevier, vol. 37(C), pages 177-186.
    6. Wątróbski, Jarosław & Jankowski, Jarosław & Ziemba, Paweł & Karczmarczyk, Artur & Zioło, Magdalena, 2019. "Generalised framework for multi-criteria method selection," Omega, Elsevier, vol. 86(C), pages 107-124.
    7. Barfod, Michael Bruhn & Salling, Kim Bang, 2015. "A new composite decision support framework for strategic and sustainable transport appraisals," Transportation Research Part A: Policy and Practice, Elsevier, vol. 72(C), pages 1-15.

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