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Book part
Publication date: 5 October 2018

Long Chen and Wei Pan

With numerous and ambiguous sets of information and often conflicting requirements, construction management is a complex process involving much uncertainty. Decision makers may be…

Abstract

With numerous and ambiguous sets of information and often conflicting requirements, construction management is a complex process involving much uncertainty. Decision makers may be challenged with satisfying multiple criteria using vague information. Fuzzy multi-criteria decision-making (FMCDM) provides an innovative approach for addressing complex problems featuring diverse decision makers’ interests, conflicting objectives and numerous but uncertain bits of information. FMCDM has therefore been widely applied in construction management. With the increase in information complexity, extensions of fuzzy set (FS) theory have been generated and adopted to improve its capacity to address this complexity. Examples include hesitant FSs (HFSs), intuitionistic FSs (IFSs) and type-2 FSs (T2FSs). This chapter introduces commonly used FMCDM methods, examines their applications in construction management and discusses trends in future research and application. The chapter first introduces the MCDM process as well as FS theory and its three main extensions, namely, HFSs, IFSs and T2FSs. The chapter then explores the linkage between FS theory and its extensions and MCDM approaches. In total, 17 FMCDM methods are reviewed and two FMCDM methods (i.e. T2FS-TOPSIS and T2FS-PROMETHEE) are further improved based on the literature. These 19 FMCDM methods with their corresponding applications in construction management are discussed in a systematic manner. This review and development of FS theory and its extensions should help both researchers and practitioners better understand and handle information uncertainty in complex decision problems.

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Fuzzy Hybrid Computing in Construction Engineering and Management
Type: Book
ISBN: 978-1-78743-868-2

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Book part
Publication date: 5 October 2018

Abstract

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Fuzzy Hybrid Computing in Construction Engineering and Management
Type: Book
ISBN: 978-1-78743-868-2

Book part
Publication date: 5 October 2018

Nasir Bedewi Siraj, Aminah Robinson Fayek and Mohamed M. G. Elbarkouky

Most decision-making problems in construction are complex and difficult to solve, as they involve multiple criteria and multiple decision makers in addition to subjective…

Abstract

Most decision-making problems in construction are complex and difficult to solve, as they involve multiple criteria and multiple decision makers in addition to subjective uncertainties, imprecisions and vagueness surrounding the decision-making process. In many instances, the decision-making process is based on linguistic terms rather than numerical values. Hence, structured fuzzy consensus-reaching processes and fuzzy aggregation methods are instrumental in multi-criteria group decision-making (MCGDM) problems for capturing the point of view of a group of experts. This chapter outlines different fuzzy consensus-reaching processes and fuzzy aggregation methods. It presents the background of the basic theory and formulation of these processes and methods, as well as numerical examples that illustrate their theory and formulation. Application areas of fuzzy consensus reaching and fuzzy aggregation in the construction domain are identified, and an overview of previously developed frameworks for fuzzy consensus reaching and fuzzy aggregation is provided. Finally, areas for future work are presented that highlight emerging trends and the imminent needs of fuzzy consensus reaching and fuzzy aggregation in the construction domain.

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Fuzzy Hybrid Computing in Construction Engineering and Management
Type: Book
ISBN: 978-1-78743-868-2

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Book part
Publication date: 12 November 2018

Rojas-Trejos Carlos Alberto and González-Velasco Julián

Waste production is one of the most important problems that humankind faces. Human-based activities generate diverse waste types that have to be treated and disposed differently…

Abstract

Waste production is one of the most important problems that humankind faces. Human-based activities generate diverse waste types that have to be treated and disposed differently. This results in the need to build more facilities to manage the waste and to avoid further environmental damage. Colombia established a successful policy to close open dumps and to control pollution. Notwithstanding the advances that have been made in final disposal, it is necessary to extend the life of the final disposal sites and increase the closure of open landfills. Valle del Cauca is the third most populated Colombian province, and it is also considered the third province that generates more waste. This chapter addresses the problem of locating solid waste disposal centers in Valle del Cauca by applying the analytic hierarchy process (AHP) with fuzzy logic, a multicriteria method that compares opinions of a decision-making group. Additionally, each potential location area is characterized by considering industrial and environmental issues, societal dynamics, infrastructure and topography, costs, and taxes. After applying a variant of AHP, the decision-making group was able to find that Jamundi is the best location to open the disposal center. The method shows strong potential to identify and prioritize alternative locations for a diverse group of stakeholders. Most importantly, the methodology lets us structure better qualitative and quantitative data, as well as to link multiple levels to avoid choosing locations that will affect society, environment, and other stakeholders, without considering the trade-offs among diverse criteria considering benefits, opportunities, costs, and risks (BOCR).

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Supply Chain Management and Logistics in Latin America
Type: Book
ISBN: 978-1-78756-804-4

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Book part
Publication date: 5 October 2018

Long D. Nguyen, Long Le-Hoai, Dai Q. Tran, Chau N. Dang and Chau V. Nguyen

Managing complex construction projects is a challenging task because it involves multiple factors and decision-making processes. A systematic evaluation of these complex factors…

Abstract

Managing complex construction projects is a challenging task because it involves multiple factors and decision-making processes. A systematic evaluation of these complex factors is imperative for achieving project success. As most of these factors are qualitative or intangible in nature, decision makers often rely on subjective judgements when comparing and evaluating them. The hybrid techniques that integrate fuzzy set theory and the analytic hierarchy process (AHP) are able to deal with such problems. This chapter discusses various hybrid techniques of the fuzzy AHP and presents an application of these techniques to the evaluation of transportation project complexity, which is essential for prioritising resource allocation and assessing project performance. Project complexity can be quantified and visualised effectively with the application of the fuzzy AHP. This chapter enhances the understanding of construction project complexity and fuzzy hybrid computing in construction engineering and management. Future research should address the calibration of fuzzy membership functions in pairwise comparisons for each individual decision maker and develop computational tools for solving optimisation problems in the constrained fuzzy AHP. In the area of construction project complexity, future research should investigate how scarce resources are allocated to better manage complex projects and how appropriate resource allocation improves their performance.

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Fuzzy Hybrid Computing in Construction Engineering and Management
Type: Book
ISBN: 978-1-78743-868-2

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Book part
Publication date: 5 October 2018

Nima Gerami Seresht and Aminah Robinson Fayek

Fuzzy numbers are often used to represent non-probabilistic uncertainty in engineering, decision-making and control system applications. In these applications, fuzzy arithmetic…

Abstract

Fuzzy numbers are often used to represent non-probabilistic uncertainty in engineering, decision-making and control system applications. In these applications, fuzzy arithmetic operations are frequently used for solving mathematical equations that contain fuzzy numbers. There are two approaches proposed in the literature for implementing fuzzy arithmetic operations: the α-cut approach and the extension principle approach using different t-norms. Computational methods for the implementation of fuzzy arithmetic operations in different applications are also proposed in the literature; these methods are usually developed for specific types of fuzzy numbers. This chapter discusses existing methods for implementing fuzzy arithmetic on triangular fuzzy numbers using both the α-cut approach and the extension principle approach using the min and drastic product t-norms. This chapter also presents novel computational methods for the implementation of fuzzy arithmetic on triangular fuzzy numbers using algebraic product and bounded difference t-norms. The applicability of the α-cut approach is limited because it tends to overestimate uncertainty, and the extension principle approach using the drastic product t-norm produces fuzzy numbers that are highly sensitive to changes in the input fuzzy numbers. The novel computational methods proposed in this chapter for implementing fuzzy arithmetic using algebraic product and bounded difference t-norms contribute to a more effective use of fuzzy arithmetic in construction applications. This chapter also presents an example of the application of fuzzy arithmetic operations to a construction problem. In addition, it discusses the effects of using different approaches for implementing fuzzy arithmetic operations in solving practical construction problems.

Details

Fuzzy Hybrid Computing in Construction Engineering and Management
Type: Book
ISBN: 978-1-78743-868-2

Keywords

Content available
Book part
Publication date: 5 October 2018

Abstract

Details

Fuzzy Hybrid Computing in Construction Engineering and Management
Type: Book
ISBN: 978-1-78743-868-2

Book part
Publication date: 5 October 2018

Nima Gerami Seresht, Rodolfo Lourenzutti, Ahmad Salah and Aminah Robinson Fayek

Due to the increasing size and complexity of construction projects, construction engineering and management involves the coordination of many complex and dynamic processes and…

Abstract

Due to the increasing size and complexity of construction projects, construction engineering and management involves the coordination of many complex and dynamic processes and relies on the analysis of uncertain, imprecise and incomplete information, including subjective and linguistically expressed information. Various modelling and computing techniques have been used by construction researchers and applied to practical construction problems in order to overcome these challenges, including fuzzy hybrid techniques. Fuzzy hybrid techniques combine the human-like reasoning capabilities of fuzzy logic with the capabilities of other techniques, such as optimization, machine learning, multi-criteria decision-making (MCDM) and simulation, to capitalise on their strengths and overcome their limitations. Based on a review of construction literature, this chapter identifies the most common types of fuzzy hybrid techniques applied to construction problems and reviews selected papers in each category of fuzzy hybrid technique to illustrate their capabilities for addressing construction challenges. Finally, this chapter discusses areas for future development of fuzzy hybrid techniques that will increase their capabilities for solving construction-related problems. The contributions of this chapter are threefold: (1) the limitations of some standard techniques for solving construction problems are discussed, as are the ways that fuzzy methods have been hybridized with these techniques in order to address their limitations; (2) a review of existing applications of fuzzy hybrid techniques in construction is provided in order to illustrate the capabilities of these techniques for solving a variety of construction problems and (3) potential improvements in each category of fuzzy hybrid technique in construction are provided, as areas for future research.

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Fuzzy Hybrid Computing in Construction Engineering and Management
Type: Book
ISBN: 978-1-78743-868-2

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Self-Learning and Adaptive Algorithms for Business Applications
Type: Book
ISBN: 978-1-83867-174-7

Book part
Publication date: 10 November 2020

Zahin Ansari, Syed Hameedur Rahman Zaini and Asif Akhtar

Economic security is one of the crucial dimensions of the welfare state. High-income individuals are able to purchase private insurance, but a large portion of the individuals…

Abstract

Economic security is one of the crucial dimensions of the welfare state. High-income individuals are able to purchase private insurance, but a large portion of the individuals remains uninsured. The authors have tried to rationalize the problem of the study over the reason why people remain uninsured. Hence, the purpose of the study is to identify an insurance model that can cover the risk of the heterogeneous segments. The study is qualitative in nature and applies a fuzzy analytic hierarchy process (FAHP). Based on seven criteria, process is applied to arrive at an alternative model among basic models of insurance, namely, conventional private insurance, mutual, and social insurance. Since social insurance has emerged with the highest score of 41% in the study, it is implied that social insurance works best in a situation where the market is full of private information and moral hazard. The findings reaffirm that government intervention is required in an insurance market to provide coverage to both covariate and idiosyncratic risks. The findings are especially relevant in the context of emerging markets where a sizeable poor population goes uninsured. The study contributes to the literature by proposing alternative insurance to address the problem of insuring the voluntarily uninsured.

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Financial Issues in Emerging Economies: Special Issue Including Selected Papers from II International Conference on Economics and Finance, 2019, Bengaluru, India
Type: Book
ISBN: 978-1-83867-960-6

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