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Improved AHP Method and Its Application in Risk Identification

Authors :
Kok-Kwang Phoon
Fengwei Li
Mingju Zhang
Xiuli Du
Source :
Journal of Construction Engineering and Management. 139:312-320
Publication Year :
2013
Publisher :
American Society of Civil Engineers (ASCE), 2013.

Abstract

The analytic hierarchy process (AHP) approach has been widely used in multicriteria decision making (MCDM). It is very difficult to meet the consistency requirement of a comparison matrix (CM) in AHP. The authors analyze the reasons for inconsistent CM in AHP and propose an improved AHP (IAHP) to improve CM consistency by using a sorting and ranking methodology. The results of comparing AHP with IAHP by MATLAB simulation show that IAHP is more suitable for solving MCDM problems when the number of elements or factors is 5 or more in MCDM. A case study is presented to illustrate the performance of IAHP when applied to risk iden- tification during an open-cut subway construction. The application results show that IAHP is superior to AHP in terms of CM consistency, information extraction effectiveness, and convenience in practical implementation. DOI: 10.1061/(ASCE)CO.1943-7862.0000605. © 2013 American Society of Civil Engineers. CE Database subject headings: Risk management; Construction management; Statistics. Author keywords: Risk identification; Analytic hierarchy process (AHP); Improved analytic hierarchy process; Construction management; Quantitative analysis; Statistical analysis.

Details

ISSN :
19437862 and 07339364
Volume :
139
Database :
OpenAIRE
Journal :
Journal of Construction Engineering and Management
Accession number :
edsair.doi...........f5afc3016f60335ccaa36b9d040a914e
Full Text :
https://doi.org/10.1061/(asce)co.1943-7862.0000605