All entries for Friday 18 March 2011
March 18, 2011
There are many tools and techniques that have been discussed during the 'RDM' module. AHP is one of the most important technique among those tools for decision making and chosing between alternatives. It is a technique that is used in many organizations today fotr decision making. It does a pairwise comparison of the alternatives or choices that we have and also the attributes. It first does the pairwise comparison of attributes and then the alternatives with attributes and at the end we chose the one with more value.
It is a very important method for quantitative decision making and a lot of numbers are used to come up with the final decision. So, it can be used when there is a problem of uncertainity regarding some decision and there is a need to make a robust decision.So, we can use this tool in the future to deal with some complex or imporatant decision.