The Performance Evaluation of IT Project Risk Based on TOPSIS and Vague Set

The Performance Evaluation of IT Project Risk Based on TOPSIS and Vague Set

This paper proposes a fuzzy TOPSIS method based on Vague sets. The relationship between the fuzzy TOPSIS method and fuzzy weighted average (FWA) is also discussed. An example including an application to IT project risk assessment is investigated using the proposed fuzzy TOPSIS method. It is shown th...

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Bibliographic Details
Published in:2009 International Conference on Computational Intelligence and Software Engineering pp. 1 - 5
Main Authors: Lixian Xing, Keran Tu, Ling Ma
Format: Conference Proceeding
Language:English
Published: IEEE 01-12-2009
Subjects:
Arithmetic
Decision making
Euclidean distance
Fuzzy sets
Globalization
Investments
Risk management
Online Access:Get full text
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Summary:This paper proposes a fuzzy TOPSIS method based on Vague sets. The relationship between the fuzzy TOPSIS method and fuzzy weighted average (FWA) is also discussed. An example including an application to IT project risk assessment is investigated using the proposed fuzzy TOPSIS method. It is shown that the proposed fuzzy TOPSIS method performs better than the other fuzzy versions of the TOPSIS method.
DOI:10.1109/CISE.2009.5367029