The possibilities of verbal decision analysis methods for construction solutions
by Leonas Ustinovichius, Dmitry Kochin
International Journal of Environment and Pollution (IJEP), Vol. 35, No. 2/3/4, 2008

Abstract: Due to high cost of mistakes in investment choice problems, such a choice should be well founded. This paper presents an overview of existing methods for choosing the best object and a new multi-criteria method called Scale of Normalised and Ordered Differences (SNOD) basing on Verbal Decision Analysis (VDA) approach. The possibility of criteria interdependence is taken into account. The method was evaluated by statistical modelling. The method has been applied for practical cases in Vilnius. Risk is an integral element of any economical work. It must be estimated and minimised. The method SNOD can be applied to determining investments risk in construction.

Online publication date: Thu, 20-Nov-2008

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Environment and Pollution (IJEP):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com