Multi-Criteria Decision Making in Project Environment Using Decision Trees and Real Options - a Comparison of Methods

• Autorzy: Maciej Nowak , Krzysztof S. Targiel

Warianty tytułu

Wielokryterialne decyzje w projektowaniu środowiskowym wykorzystujące drzewa decyzyjne i opcje realne - porównanie metod

• Języki publikacji: EN

Abstrakty

EN

The complexity of modern projects makes the proper management crucial. The volatile environment of the XXI century means that it is important to choose the right decision at the right moment. During the life of project there is the need to make many decisions, which are embedded in time. Moreover, in many cases evaluation of these decisions depends on multiple criteria. Two approaches are poposed to deal with such situation: Multicriteria Decision Tree and Multi-State Real Options (MSRO). The paper compares areas of applicability, limitations and advantages of these methods. As result, it is concluded, that MSRO method is more specific and can be used only in situations where exist real options.(original abstract)

Złożoność nowoczesnych projektów sprawia, że zarządzanie ma kluczowe znaczenie. Niestabilne środowisko XXI w. oznacza, że ważne jest, aby podjąć właściwą decyzję w odpowiednim momencie. W trakcie realizacji projektu konieczne jest podjęcie wielu decyzji osadzonych w czasie. Ponadto często ocena tych decyzji zależy od wielu kryteriów. W celu rozwiązania takich sytuacji pojawiają się dwa podejścia: wielokryterialne drzewo decyzyjne i wielostanowe opcje realne (MSRO). W pracy porównano obszary zastosowań, ograniczenia i zalety tych metod. W rezultacie stwierdzono, że metoda MSRO jest bardziej specyficzna i może być stosowana tylko w sytuacjach, w których istnieją opcje realne.(abstrakt oryginalny)

Słowa kluczowe

EN

Decision tree; Real options; Decision making

PL

Drzewo decyzyjne; Opcje realne; Podejmowanie decyzji

• Czasopismo: Studia Ekonomiczne / Uniwersytet Ekonomiczny w Katowicach
• Rocznik: 2017
• Numer: nr 323
• Strony: 98--106

Twórcy

autor

Maciej Nowak

• University of Economics in Katowice, Poland

autor

Krzysztof S. Targiel

• University of Economics in Katowice, Poland

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