Please use this identifier to cite or link to this item:
http://hdl.handle.net/10397/105
Title: | The selection of benchmarking partners for value management : an analytic approach | Authors: | Shen, GQP Liu, G |
Issue Date: | 2007 | Source: | International journal of construction management, 2007, v. 7, no. 2, p. 11-22 | Abstract: | Learning from the best in class organisations provides the necessary guarantee for success in benchmarking. However, the selection of ideal benchmarking partners is a complex, time-consuming and multi-faceted decision-making process. This paper presents a selection model for the selection of Value Management (VM) benchmarking partners based on the principle of analytical hierarchy process (AHP). It is a key step in a research project aiming to develop a successful framework for implementing value management (VM) in China's construction industry. The application of Expert Choice software makes the building of comparison matrix. the calculation of consistency ratio and the determination of weighting more effective and accurate. The output of a benchmarking study suggests n selection model that is reliable and principles which can be used in other benchmarking activities. | Keywords: | Benchmarking Analytical hierarchy process Value management Expert Choice |
Publisher: | Taylor & Francis | Journal: | International journal of construction management | ISSN: | 1562-3599 | EISSN: | 2331-2327 | DOI: | 10.1080/15623599.2007.10773099 | Rights: | The International Journal of Construction Management (IJCM) © 2007 CRIOCM |
Appears in Collections: | Journal/Magazine Article |
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File | Description | Size | Format | |
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SHEN & LIU 11-22.pdf | 521.44 kB | Adobe PDF | View/Open |
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