International Research Journal of Engineering and Technology (IRJET)
e-ISSN: 2395-0056
Volume: 10 Issue: 05 | May 2023
p-ISSN: 2395-0072
www.irjet.net
Evaluating and Prioritizing Risks in Infrastructure Projects by Fuzzy Multi-Criteria Decision-Making Methods: A Review R. C. Rajput 1, S. S. Kulkarni 2 1Student M. Tech Construction Management, Rajarambapu Institute of Technology, Rajaramnagar 2Professor, Department of Civil Engineering, Rajarambapu Institute of Technology, Rajaramnagar
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Abstract - Location selection is one of the most significant
cloudy sets, (MODM), cluster analysis, and other soft computing techniques were also used.
difficulties to decision-makers , investors and it can be evaluated using (MCDM) approaches. MCDM techniques are effective tools for resolving decision-making problems because they analyze options from a variety of viewpoints in light of a wide range of conflicting criteria. In this context, MCDM techniques may be employed effectively with (FST), that captures insecurity in people views, to create more sensitive, and precise results. It is suggested to use a fuzzy multi-criteria decision model (FMCDM) to determine the ideal site based on a variety of variables.
First, based on the recommendations of experts and literature research, the fuzzy AHP approach is used to assess the weightings of the criterion. Following that, fuzzy TOPSIS is used to rank the sites that can be used instead of the healthy one. Considering the priority ranking of the infrastructure projects, the model's output aids investors in continued development.
2. Literature Review
The Fuzzy Analytical Hierarchy Process (FAHP) is utilized in the initial stage to estimate the relative criterion classification via the assessment process. In the second step, the prospective alternative locations are rated according to fuzzy (FTOPSIS). According to the study's findings, integrating FAHP and FTOPSIS is the FMCDM technique most frequently utilized to determine the best location for infrastructure projects.
Long Chen, Wei Pan. [1] In this paper, fuzzy multi-criteria decision making (FMCDM) is gaining popularity as a useful method for dealing with complicated problems that involve a variety of decision-makers, competing goals, and a wealth of information that is both plentiful and unpredictable. Prior studies mostly focused on the concept and application of FMCDM approaches in construction management. Despite the fact that there have been numerous studies of FMCDM techniques and applications to provide summaries also criticisms in the writing absence taking into account the linkages the interval cloudy sets, MCDM, also related applications. In order to summarise the development of FMCDM provide perspectives on relationships between FSs, MCDM, and associated applications, this study will carefully review and analyse the literature on FMCDM in CM from 2007 to 2017 using a network method.
Key Words: FMCDM (fuzzy multi-criteria decision model) FST (fuzzy set theory), Relative criterion classification, FTOPSIS (The fuzzy technique of order preference utilizing similarities to the ideal solution), FAHP (Fuzzy Analytical Hierarchy Process).
1. INTRODUCTION The process of analyzing a collection of choices in view of several criteria in accordance with the advice of experts is known as (MCDM). It has been extensively employed to address challenging decision-making issues. Decisionmakers must compare many choices based on their performance and choose the best option to maximize advantages because the hotel and tourism industries include complicated practical difficulties. In this regard, MCDM methods are practical approaches to deal with decisionmaking issues in the infrastructure, hospitality, and tourism sectors, assisting tourism institutions, hotel management, and travelers in making logical choices. A number of approaches, including the (AHP), (ANP), Decision-making trial and evaluation laboratory (DEMATEL), (TOPSIS), (MCDM) approach also others, possess been used for examine majority of site selection challenges. The analytic method, mixed integer/linear integer/goal programming,
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Tulio Silveira Santos, Licinio Da Silva Portugal, et al. [2] The moto of this study is to thoroughly evaluate and assess the assessment on FMCDM from 2007 to 2017 according network method to both summaries the growth of FMCDM and offer perspectives on the connections the interval FSs, MCDM. First, 165 paper publications with a total of 37 singlehybrid and 17 multiple-hybrid FMCDM approaches were selected. P Baruah , M Kakati. [3] This study introduces and evaluates these methodologies' contemporary application, highlighting their characteristics, advantages, and disadvantages. The next step is to conduct a network meta-analysis according on the assessment to look into the connections between FSs, MCDM methods in order to create an FMCDM-CM profile. From recent FMCDM practice is compiled, based on those networks.
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