Development of Multiple Criteria Decision Support System (MCDSS) for Value Management Implementation in Construction Projects

The application of Value Management (VM) in construction, sometimes, becomes a complex decision process if various value alternatives identified during the creative and analytical phase, differ with respect to multiplicity of attributes considered such as functional performance, cost, reliability and safety. To deal with this specific situation, the paper presents some concepts of Multiple Criteria Decision Theory (MCDT) and establishes an analogy between decision environments of VM and MCDT. Two of the MCDT techniques, namely Analytic Hierarchy Process (AHP) and Fuzzy Set Methodology (FSM) have been adopted for developing the models of Decision Support System (DSS) for incorporating MCDT in VM implementation. Accomplishment procedure and suitability of these two models in specific cases of VM implementation have also been discussed in the paper. Dr. Manoj Kulshrestha School of Engineering & Technology Indira Gandhi National Open University Maidan Garhi, New Delhi 110 068 E-mail : [email protected] Prof. V. B. Deshpande Department of Civil Engineering Indian Institute of Technology Hauz Khas, New Delhi 110 016 E-mail : [email protected]