Posts

Showing posts from April, 2018

Revising Criteria weights using Excel Solver

Image
Technological and other changes are forcing organizations to quickly modify their project design requirements. For example, the successful introduction of new technologies in the construction industry would require a fundamental change in which the preliminary cost and schedule estimates are made. Changes in the weights of various inputs that go into the preliminary estimate become an immediate requirement. Design cycle improvements require training teams interactively and process inputs improvement. Project stakeholders demand improvements in the deliverables and justifications of enhancements in the first costs even if the life cycle costing of the habitat goes down. Similarly, the technique illustrated in the solution may be used in changing indicator weights as needed. (The improvements and user demand would also push the green building norms and other sustainability indicators).