Document Type

Closed Project

Publication Date

Winter 2013

Instructor

Dundar F. Kocaoglu

Course Title

Management of Engineering and Technology

Course Number

ETM 530

Abstract

Hierarchical Decision Modeling (HDM) has been developed as a decision making tool across multiple industries in wide variety of applications. This paper presents the development of HDM as a tool to be used as an asset prioritization tool in the municipal wastewater industry. Converting an admittedly poorly developed risk-impact matrix, integrating expert feedback across two teams and a manager, and following the guidance of the established problem statement, an effective asset prioritization tool was developed as a means to accurately and consistently score and rank assets according to their priority for consideration for repair or replacement. Following development, a simulation was performed to validate the effectiveness of the tool by comparing it to against the experience and expertise of the current decision maker.

Description

This project is only available to students, staff, and faculty of Portland State University

Persistent Identifier

http://archives.pdx.edu/ds/psu/21942

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