Journal of Engineering and Applied Sciences

Year: 2016
Volume: 11
Issue: 8
Page No. 1876 - 1879

Project Success Evaluation Using TOPSIS Algorithm

Authors : Phong Thanh Nguyen, Phuc Van Nguyen, Quyen Le Hoang Thuy To Nguyen and Vy Dang Bich Huynh

Abstract: Project success is a foundation to manage and control the current project, plan and orient the future project. However, project success is a difficult concept because of its complexity and dynamic. So, it is a challenged decision-making process for any organization to evaluate project success in real practice. This study provided an innovative, practical list of criteria for project evaluation. It was developed from three sources which were the literature review (theory), previous documents of completed projects (industrial sources) and experts and respondents (academic and human opinions). Moreover, research introduces a multi-criteria decision making solution for evaluating project success by using TOPSIS (The Technique for Order of Preference by Similarity to Ideal Solution) technique. This method is found to be useful when dealing with plenty of assessment criteria and projects.

How to cite this article:

Phong Thanh Nguyen, Phuc Van Nguyen, Quyen Le Hoang Thuy To Nguyen and Vy Dang Bich Huynh, 2016. Project Success Evaluation Using TOPSIS Algorithm. Journal of Engineering and Applied Sciences, 11: 1876-1879.

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