Prioritising IT projects: combination of fuzzy QFD and ARAS to address criteria multiplicity challenge

Pouria Akbari; Hamed Jafarzadeh; Jalil Heidary Dahooie

Prioritising IT projects: combination of fuzzy QFD and ARAS to address criteria multiplicity challenge

Pouria Akbari, Hamed Jafarzadeh, Jalil Heidary Dahooie

Research output: Chapter in Book/Report/Conference proceeding › Conference proceeding contribution › peer-review

Abstract

In a world of limited resources, there is a constant and continuous challenge for the managers to decide which projects should be given priority among others. As such, project selection and prioritisation has become a popular topic among researchers. Most of prior research, however, is focused around proposing techniques for prioritising the projects based on a given set of selection criteria, and less attention has been devoted towards identifying how such criteria themselves should be identified and prioritised in the first place. This paper narrows this gap by combining Quality Function Development (QFD), fuzzy logic, and Additive Ratio Assessment (ARAS) to systematically establish and prioritise a large number of selection criteria and rank the projects accordingly, in nondeterministic conditions. The proposed method is then applied in a numerical example from real word to illustrate the applicability of the proposed methodology, and also to demonstrate its advantage over an alternative approach.

Original language	English
Title of host publication	PACIS 2019 - Secure ICT Platform for the 4th Industrial Revolution
Subtitle of host publication	Proceedings of the 23rd Pacific Asia Conference on Information Systems
Editors	Dongming Xu, James Jiang, Hee-Woong Kim
Place of Publication	Xian, China
Publisher	Association for Information Systems
Number of pages	14
Publication status	Published - 2019
Externally published	Yes
Event	23rd Pacific Asia Conference on Information Systems: Secure ICT Platform for the 4th Industrial Revolution, PACIS 2019 - Xi'an, China Duration: 8 Jul 2019 → 12 Jul 2019

Conference

Conference	23rd Pacific Asia Conference on Information Systems: Secure ICT Platform for the 4th Industrial Revolution, PACIS 2019
Country/Territory	China
City	Xi'an
Period	8/07/19 → 12/07/19

Keywords

Project selection criteria
project portfolio selection
project portfolio management
Fuzzy Quality Function Development (QFD)
FQFD
project selection criteria prioritization
Additive Ratio Assessment (ARAS)
Multi Criteria Decision Making (MCDM)

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https://aisel.aisnet.org/pacis2019/95

Cite this

Akbari, P., Jafarzadeh, H., & Heidary Dahooie, J. (2019). Prioritising IT projects: combination of fuzzy QFD and ARAS to address criteria multiplicity challenge. In D. Xu, J. Jiang, & H-W. Kim (Eds.), PACIS 2019 - Secure ICT Platform for the 4th Industrial Revolution: Proceedings of the 23rd Pacific Asia Conference on Information Systems [95] Association for Information Systems. https://aisel.aisnet.org/pacis2019/95

Akbari, Pouria ; Jafarzadeh, Hamed ; Heidary Dahooie, Jalil. / Prioritising IT projects : combination of fuzzy QFD and ARAS to address criteria multiplicity challenge. PACIS 2019 - Secure ICT Platform for the 4th Industrial Revolution: Proceedings of the 23rd Pacific Asia Conference on Information Systems. editor / Dongming Xu ; James Jiang ; Hee-Woong Kim. Xian, China : Association for Information Systems, 2019.

@inproceedings{8607362b521348ddada546b5a2ef0afd,

title = "Prioritising IT projects: combination of fuzzy QFD and ARAS to address criteria multiplicity challenge",

abstract = "In a world of limited resources, there is a constant and continuous challenge for the managers to decide which projects should be given priority among others. As such, project selection and prioritisation has become a popular topic among researchers. Most of prior research, however, is focused around proposing techniques for prioritising the projects based on a given set of selection criteria, and less attention has been devoted towards identifying how such criteria themselves should be identified and prioritised in the first place. This paper narrows this gap by combining Quality Function Development (QFD), fuzzy logic, and Additive Ratio Assessment (ARAS) to systematically establish and prioritise a large number of selection criteria and rank the projects accordingly, in nondeterministic conditions. The proposed method is then applied in a numerical example from real word to illustrate the applicability of the proposed methodology, and also to demonstrate its advantage over an alternative approach.",

keywords = "Project selection criteria, project portfolio selection, project portfolio management, Fuzzy Quality Function Development (QFD), FQFD, project selection criteria prioritization, Additive Ratio Assessment (ARAS), Multi Criteria Decision Making (MCDM)",

author = "Pouria Akbari and Hamed Jafarzadeh and {Heidary Dahooie}, Jalil",

year = "2019",

language = "English",

editor = "Dongming Xu and James Jiang and Hee-Woong Kim",

booktitle = "PACIS 2019 - Secure ICT Platform for the 4th Industrial Revolution",

publisher = "Association for Information Systems",

address = "United States",

note = "23rd Pacific Asia Conference on Information Systems: Secure ICT Platform for the 4th Industrial Revolution, PACIS 2019 ; Conference date: 08-07-2019 Through 12-07-2019",

}

Akbari, P, Jafarzadeh, H & Heidary Dahooie, J 2019, Prioritising IT projects: combination of fuzzy QFD and ARAS to address criteria multiplicity challenge. in D Xu, J Jiang & H-W Kim (eds), PACIS 2019 - Secure ICT Platform for the 4th Industrial Revolution: Proceedings of the 23rd Pacific Asia Conference on Information Systems., 95, Association for Information Systems, Xian, China, 23rd Pacific Asia Conference on Information Systems: Secure ICT Platform for the 4th Industrial Revolution, PACIS 2019, Xi'an, China, 8/07/19. <https://aisel.aisnet.org/pacis2019/95>

Prioritising IT projects: combination of fuzzy QFD and ARAS to address criteria multiplicity challenge. / Akbari, Pouria; Jafarzadeh, Hamed; Heidary Dahooie, Jalil.
PACIS 2019 - Secure ICT Platform for the 4th Industrial Revolution: Proceedings of the 23rd Pacific Asia Conference on Information Systems. ed. / Dongming Xu; James Jiang; Hee-Woong Kim. Xian, China: Association for Information Systems, 2019. 95.

Research output: Chapter in Book/Report/Conference proceeding › Conference proceeding contribution › peer-review

TY - GEN

T1 - Prioritising IT projects

T2 - 23rd Pacific Asia Conference on Information Systems: Secure ICT Platform for the 4th Industrial Revolution, PACIS 2019

AU - Akbari, Pouria

AU - Jafarzadeh, Hamed

AU - Heidary Dahooie, Jalil

PY - 2019

Y1 - 2019

N2 - In a world of limited resources, there is a constant and continuous challenge for the managers to decide which projects should be given priority among others. As such, project selection and prioritisation has become a popular topic among researchers. Most of prior research, however, is focused around proposing techniques for prioritising the projects based on a given set of selection criteria, and less attention has been devoted towards identifying how such criteria themselves should be identified and prioritised in the first place. This paper narrows this gap by combining Quality Function Development (QFD), fuzzy logic, and Additive Ratio Assessment (ARAS) to systematically establish and prioritise a large number of selection criteria and rank the projects accordingly, in nondeterministic conditions. The proposed method is then applied in a numerical example from real word to illustrate the applicability of the proposed methodology, and also to demonstrate its advantage over an alternative approach.

AB - In a world of limited resources, there is a constant and continuous challenge for the managers to decide which projects should be given priority among others. As such, project selection and prioritisation has become a popular topic among researchers. Most of prior research, however, is focused around proposing techniques for prioritising the projects based on a given set of selection criteria, and less attention has been devoted towards identifying how such criteria themselves should be identified and prioritised in the first place. This paper narrows this gap by combining Quality Function Development (QFD), fuzzy logic, and Additive Ratio Assessment (ARAS) to systematically establish and prioritise a large number of selection criteria and rank the projects accordingly, in nondeterministic conditions. The proposed method is then applied in a numerical example from real word to illustrate the applicability of the proposed methodology, and also to demonstrate its advantage over an alternative approach.

KW - Project selection criteria

KW - project portfolio selection

KW - project portfolio management

KW - Fuzzy Quality Function Development (QFD)

KW - FQFD

KW - project selection criteria prioritization

KW - Additive Ratio Assessment (ARAS)

KW - Multi Criteria Decision Making (MCDM)

M3 - Conference proceeding contribution

BT - PACIS 2019 - Secure ICT Platform for the 4th Industrial Revolution

A2 - Xu, Dongming

A2 - Jiang, James

A2 - Kim, Hee-Woong

PB - Association for Information Systems

CY - Xian, China

Y2 - 8 July 2019 through 12 July 2019

ER -

Akbari P, Jafarzadeh H, Heidary Dahooie J. Prioritising IT projects: combination of fuzzy QFD and ARAS to address criteria multiplicity challenge. In Xu D, Jiang J, Kim H-W, editors, PACIS 2019 - Secure ICT Platform for the 4th Industrial Revolution: Proceedings of the 23rd Pacific Asia Conference on Information Systems. Xian, China: Association for Information Systems. 2019. 95

Prioritising IT projects: combination of fuzzy QFD and ARAS to address criteria multiplicity challenge

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