1. Objective
For your project on AHP in Project Management, you would need to define 7 criteria and 4 project alternatives that represent different project scenarios or choices. The criteria help assess the effectiveness of each project alternatives and the AHP method allows for the comparison of these alternatives based on those criteria.
2.Criteria and Alternatives in Project Management
Criteria (Columns)
1. Cost: The total budget required to execute the project.
2. Time/Schedule: The estimated time required to complete the project.
3. Risk: The level of uncertainty and potential for negative events affecting the project.
4. Quality: The expected quality and standards of the project’s deliverables.
5. Resources Availability: The availability of required resources such as personnel, equipment, and materials.
6. Stakeholder Satisfaction: The extent to which the project satisfies the needs of stakeholders.
7. Strategic Alignment: How well the project aligns with the organization’s long-term goals and strategic objectives.
Alternatives (Rows)
1. Project A (New Product Development): Developing a new product to launch in the market.
2. Project B (IT System Upgrade): Upgrading the current IT infrastructure to enhance efficiency.
3. Project C (Market Expansion Initiative): Expanding into a new geographical market or customer segment.
4. Project D (Sustainability Improvement Project): Implementing sustainable practices to reduce environmental impact.
3. Pairwise comparison table
After determining the criteria and alternatives, the Pairwise comparison table matrix is formed. In the paired comparison table, the parameters (criteria or alternatives) are compared in pairs .The table below shows the pairwise comparison tables:
Table1: Pairwise comparison with respect to Goal |
|||||||||
Cost |
Time/Schedule |
Risk |
Quality |
Resources Availability |
Stakeholder Satisfaction |
Strategic Alignment |
|||
Cost |
1 |
4 |
2 |
1 |
2 |
3 |
3 |
||
Time/Schedule |
|
1 |
3 |
3 |
3 |
3 |
3 |
||
Risk |
|
|
1 |
4 |
4 |
5 |
5 |
||
Quality |
|
|
|
1 |
3 |
4 |
5 |
||
Resources Availability |
|
|
|
|
1 |
5 |
5 |
||
Stakeholder Satisfaction |
|
|
|
|
|
1 |
5 |
||
Strategic Alignment |
|
|
|
|
|
1 |
Table2: Alternative pairwise comparisons with respect to Cost |
|||||
A |
B |
C |
D |
||
A |
1 |
5 |
3 |
2 |
|
B |
|
1 |
3 |
3 |
|
C |
|
|
1 |
3 |
|
D |
|
|
1 |
Table3: Alternative pairwise comparisons with respect to Time/Schedule |
|||||
A |
B |
C |
D |
||
A |
1 |
3 |
3 |
3 |
|
B |
|
1 |
3 |
2 |
|
C |
|
|
1 |
2 |
|
D |
|
|
1 |
Table4: Alternative pairwise comparisons with respect to Risk |
|||||
A |
B |
C |
D |
||
A |
1 |
2 |
2 |
2 |
|
B |
|
1 |
2 |
3 |
|
C |
|
|
1 |
3 |
|
D |
|
|
1 |
Table5: Alternative pairwise comparisons with respect to Quality |
|||||
A |
B |
C |
D |
||
A |
1 |
3 |
3 |
2 |
|
B |
|
1 |
3 |
2 |
|
C |
|
|
1 |
3 |
|
D |
|
|
1 |
Table6: Alternative pairwise comparisons with respect to Resources Availability |
|||||
A |
B |
C |
D |
||
A |
1 |
4 |
4 |
5 |
|
B |
|
1 |
3 |
4 |
|
C |
|
|
1 |
3 |
|
D |
|
|
1 |
Table7: Alternative pairwise comparisons with respect to Stakeholder Satisfaction |
|||||
A |
B |
C |
D |
||
A |
1 |
3 |
4 |
5 |
|
B |
|
1 |
4 |
3 |
|
C |
|
|
1 |
3 |
|
D |
|
|
1 |
Table8: Alternative pairwise comparisons with respect to Strategic Alignment |
|||||
A |
B |
C |
D |
||
A |
1 |
3 |
3 |
3 |
|
B |
|
1 |
3 |
3 |
|
C |
|
|
1 |
3 |
|
D |
|
|
1 |
4. Run software:
The data is placed in the software and the software is executed. The following video shows the implementation of the software:
5.Get Result
In this step, you can see the result of the report. The report is presented in three types of formats: online report, Excel and Word. You can view or download three types of formats below. In the output report, there are all the steps of AHP step by step along with the relevant table.