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Applying utility theory in uncertain project environments with multiple goals

机译:将效用理论应用于具有多个目标的不确定项目环境

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摘要

In project environments, normally, multiple conflicting goals are being incorporated for decision making which associated with uncertain and incomplete information. The main purpose of the project management process is to minimise total project cost and completion time simultaneously; however these affecting factors in project management are conflicting objectives and those have to be efficiently compromised. Going through literature indicated utility theory has not been previously applied in project management environment while deeply incorporated through economics sciences. This study applies the utility theory through solving cost and time trade-off problems in uncertain environments. Here, considering decision maker's (DM) preferences, cost and time utility functions are then determined. Further, the overall utility function has to be optimised. Since the proposed function appropriately assessed, the best decision is being made and maximum satisfaction for DM is reached.
机译:在项目环境中,通常将多个相互冲突的目标纳入决策,这与不确定和不完整的信息相关。项目管理过程的主要目的是使总项目成本和完成时间最小化。但是,项目管理中的这些影响因素是相互矛盾的目标,必须有效地妥协。翻阅文献表明,效用理论先前尚未在项目管理环境中应用,而已通过经济学深入整合。这项研究通过解决不确定环境中的成本和时间权衡问题,应用效用理论。在这里,考虑决策者(DM)的偏好,然后确定成本和时间效用函数。此外,必须优化整体效用功能。由于对提议的功能进行了适当的评估,因此将做出最佳决策,并达到DM的最大满意度。

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