W3_Hilal_GAO assessment of schedule (development of scoring model)
Problem
Recognition
In W2 blog, the problem was about development of scoring
model that compares GAO assessment of schedule to the schedules we have in
hand. I chose to use the compensatory approach to be used as my scoring model. In
this blog, I will be continuing the discussion about the scoring method to be used,
so that my presentation of the proposed solutions to my management will be
backed with solid numerical reasoning. The scoring model will consist of
multiple attributes where I will need to pick the “best” option for the “better”
ones.
Feasible
alternatives
I have already arrived at using the compensatory approach for
the scoring model, however, there are two techniques under this approach which
are:
-
Non-Dimensional Scaling Technique
-
Additive Weighting Technique
Outcomes from
alternatives
a. Non-Dimensional Scaling Technique:
this technique is simple where the decision maker only chooses the alternative
with largest number of positive attributes and does not account for the other
attributes.
b.
Additive Weighting
Technique: The decision made here will takes into account the relative
importance of the positive rated attributes by multiplying the alternative rates
by the importance weights.
Acceptance
Criteria
The criteria I am looking for are as follow:
1-
Excel spreadsheet based
2-
GAO best practices included
3-
Accounts for all attributes
4-
Accounts for the importance
of attributes
5-
Ratio scale measurement
Acceptance
criteria vs feasible alternatives
Importance
Scale
|
Non-Dimensional
Scaling
|
Additive
Weighting
|
|||
Criteria
|
A
|
B
|
A*B
|
C
|
A*C
|
Excel
spreadsheet based
|
1
|
3
|
3
|
3
|
3
|
GAO
best practices included
|
5
|
3
|
15
|
3
|
15
|
Accounts
for all attributes
|
3
|
3
|
9
|
3
|
9
|
Accounts
for the importance of attributes
|
4
|
1
|
4
|
3
|
12
|
Ratio
scale measurement
|
2
|
2
|
4
|
3
|
6
|
Total
|
35
|
Total
|
45
|
Table 1: Analysis of the feasible
alternatives against the acceptance criteria
Table 1 shows the comparison between acceptance criteria and
the two alternatives. Column A shows the importance of attributes where 5 is
the most important. Column B, C represents whether the alternatives are meeting
the requirements.
Preferred
alternative
According to table 1, the preferred alternative is additive
weighting technique.
Tracking/reporting
plan
In order to implement this technique, I will need to decide
the best attributes for a good and healthy schedule. The importance of each
attribute will need to be specify, this will be decided based on my department
yearly KPIs. Therefore, the effectiveness of this method will be monitored in
monthly basis and communicated to the project companies. This will be basically
related to project progress and performance, therefore, a comparison between “before
implementing the technique” and “After implementing the technique”.
References
Abdullah, L. &
Adawiyah, R. (2014). Simple Additive Weighting Methods of Multi criteria
Decision Making and Applications: A Decade Review. International Journal of
Information Processing and Management (IJIPM). Volume 5. Retrieved from https://pdfs.semanticscholar.org/05a0/d6d88b7a86fd783f736532af68e0e297e299.pdf
Boyd,
N. (2017). Scales of Measurement: Nominal,
Ordinal, Interval & Ratio. Retrieved from http://study.com/academy/lesson/scales-of-measurement-nominal-ordinal-interval-ratio.html
PP Admin. (2015). Multi- Attributes Decision. Guild
of Project Controls Compendium and References. Retrieved from http://www.planningplanet.com/guild/gpccar/managing-change-the-owners-perspective
Nice work, Hilal!!! Don't forget that when you use either of the compensatory MADM approaches, the result is a true ratio scale, meaning you can compare how much better one alternative is over the others. http://stattrek.com/statistics/measurement-scales.aspx?Tutorial=AP or http://www.mnestudies.com/research/types-measurement-scales
ReplyDeleteThis is why I much prefer using the Compensatory methods whenever possible.
Looking forward to your next posting.
BR,
Dr. PDG, Jakarta