Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
859279 | Procedia Engineering | 2014 | 7 Pages |
Abstract
In the paper our original approach for taking decisions in capability development process is presented. The developed model is a tool that formally includes real options logic and thus directs the decision-making process regarding development of capabilities. Basic method applied to the numeric part of the model is fuzzy analytic hierarchy process. The following phase uses interval results of this method to calculate the integral uncertainty evaluation, which compared with boundary assessment, defines the risk of this process. How the use of such model will affect the quality of decision-making in real environment will be known the future, when the model will actually be subjected to the learning curve logic.
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