Publication detail

Selection of adequate site location during early stages of construction project management: A multi-criteria decision analysis approach

HANÁK, T. MAROVIĆ, I.

Original Title

Selection of adequate site location during early stages of construction project management: A multi-criteria decision analysis approach

Type

conference paper

Language

English

Original Abstract

In the management of construction projects special attention should be given to the planning as the most important phase of decision-making process. Quality decision-making based on adequate and comprehensive collaboration of all involved stakeholders is crucial in project's early stages. Fundamental reasons for existence of this problem arise from: specific conditions of construction industry (final products are inseparable from the location i.e. location has a strong influence of building design and its structural characteristics as well as technology which will be used during construction), investors' desires and attitudes, and influence of socioeconomic and environment aspects. Considering all mentioned reasons one can conclude that selection of adequate construction site location for future investment is complex, low structured and multi-criteria problem. To take into account all the dimensions, the proposed model for selection of adequate site location is devised. The model is based on AHP (for designing the decision-making hierarchy) and PROMETHEE (for pairwise comparison of investment locations) methods. As a result of mixing basis feature of both methods, operational synergies can be achieved in multi-criteria decision analysis. Such gives the decision-maker a sense of assurance, knowing that if the procedure proposed by the presented model has been followed, it will lead to a rational decision, carefully and systematically thought out.

Keywords

decision-making, investment, location, multicriteria, project management

Authors

HANÁK, T.; MAROVIĆ, I.

Released

27. 9. 2017

Publisher

IOP Publishing

ISBN

1757-8981

Periodical

IOP Conference Series: Materials Science and Engineering

Year of study

251

Number

1

State

United Kingdom of Great Britain and Northern Ireland

Pages from

1

Pages to

8

Pages count

8

URL

http://iopscience.iop.org/article/10.1088/1757-899X/251/1/012044

Full text in the Digital Library

http://hdl.handle.net/11012/137161

BibTex

@inproceedings{BUT140841,
  author="Ivan {Marović} and Tomáš {Hanák}",
  title="Selection of adequate site location during early stages of construction project management: A multi-criteria decision analysis approach",
  booktitle="IOP Conference Series-Materials Science and Engineering",
  year="2017",
  journal="IOP Conference Series: Materials Science and Engineering",
  volume="251",
  number="1",
  pages="1--8",
  publisher="IOP Publishing",
  doi="10.1088/1757-899X/251/1/012044",
  issn="1757-8981",
  url="http://iopscience.iop.org/article/10.1088/1757-899X/251/1/012044"
}