• Title/Summary/Keyword: DECISION MAKING

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How to develop corporate real estate? A decision support tool for CREM

  • Dorr, Anne;Pfnur, Andreas
    • Journal of Construction Engineering and Project Management
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    • v.7 no.2
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    • pp.19-33
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    • 2017
  • Various forms of procurement are open to companies when constructing new owner-occupied properties. The selection of a form of procurement is an important decision-making problem for companies and their Corporate Real Estate Management (CREM) departments. With this in mind, a decision support tool has been developed to optimise the outcome and success of company's proposed real estate development projects and is presented in this paper. This model can also be used for current real estate portfolios to optimise returns in the long term. In pursuit of this objective and in order to provide an academic basis for this study, decision-relevant goals and parameters were initially identified from the referenced literature used in our research. These were subsequently evaluated in a case study of a corporate development project and identified as specific decision criteria from the perspective of the CREM. The investigation identified 15 criteria that are relevant to the corporate decision-making process in procuring and/or developing property. A model for supporting and resolving decision-making problems of this type was derived from decision theory. In this paper, a decision-making tool is presented that takes into account all the decision criteria from the CREM point of view for the first time. This model should therefore serve as an aid in implementing the decision-making process for the development of real estate projects in a more structured and transparent manner.

Decision Making Style and Learning Style according to Sasang Constitution (사상체질에 따른 의사결정 및 학습 유형)

  • Shin, Eun-Ju
    • Journal of Oriental Neuropsychiatry
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    • v.20 no.4
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    • pp.115-126
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    • 2009
  • Objectives : This study was performed to investigate the relationship between decision making style and learning style according to Sasang constitution. Methods : The subjects were 213 nursing students of K college in Jeonbuk, and the period of data gathering was limited from 1 Sep. 2009 to 7 Sep. 2009. The instrument tools included QSCC II, decision making style, and learning style. The collected data were analyzed by SPSS-PC programme. Results : 1. Decision making style: Soeumin group had significantly high score in rational score compared with Soyangin(F=7.174 p=.001), and in dependent score compared with Taeumin and Soyangin (F=3.414, p=.035). 2. Learning style: Soyangin group had significantly high score in cooperation score compared with Taeumin(F=5.688 p=.004), and Taeumin group had significantly high score in emulous score compared with Soeumin and Soyangin (F=.148, p=.002). Conclusions : In conclusion, it was found that decision making style and learning style are significantly different according to Sasang constitution. Therefore, these results suggest that nursing educational program needs to be developed considering Sasang constitution.

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The Maintenance of An Evaluation Accreditation Indicator According to Teachers' Participation in Decision Making (인증시설 보육교사의 의사결정참여도에 따른 평가인증지표의 유지도)

  • Bu, Su-An;Lee, So-Eun
    • Korean Journal of Child Studies
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    • v.31 no.1
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    • pp.163-177
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    • 2010
  • The purpose of this study was to examine the maintenance of an evaluation accreditation indicator according to child care center teachers' participation in decision making. The subjects of this study were 139 teachers from 12 accredited national, public, private, and corporate child care centers in Seoul and North Gyeongsang Province. The TIP-2 (Teacher Involvement and Participation Scale V.2) and Accreditation Indicator for Child Care Centers were used to measure teachers' participation in decision making and accreditation indicator maintenance. Frequency, mean, standard deviation, one-way ANOVA and scheffe test were used for data analyses. The results revealed that the teachers who rated middle and high level in terms of their participation in decision-making showed higher levels of maintenance of the evaluation accreditation indicator than those with low levels of participation. This finding suggests that teachers' participation in decision making is an important factor for maintaining the quality of child care centers.

A Study of the Relationship between Decision Making Abilities in Young Children and Self-directed Learning Abilities (유아 의사결정력과 자기주도 학습능력 간의 관계 연구)

  • Park, Ji-Young
    • Korean Journal of Child Studies
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    • v.33 no.6
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    • pp.71-84
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    • 2012
  • The purpose of this study is to analyze the relationship between decision making abilities young children and their self-directed learning abilities. A survey was carried out using 160 young children in the J region. The collected data were analyzed by Pearson correlation and multiple regression techniques using the SPSS statistics program. The conclusions are as follows : First, decision making abilities in young children exhibited a positive correlation with their self-directed learning abilities. Second, decision making abilities in young children were an influential variable in terms of their self-directed learning abilities. As a result, decision making abilities in young children were an important variable in predicting their self-directed learning abilities.

Decision Making Factors of IT Outsourcing in Public Sector : A Delphi Method (공공부문 IT 아웃소싱 의사경정 요인 도출 : 델파이 방법)

  • Yoon, Sung-Chul;Lee, Seul
    • Journal of Information Technology Services
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    • v.2 no.2
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    • pp.121-134
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    • 2003
  • To improve the quality of the services and to concentrate on the core capability, in public sector the IT outsourcing is recently being vitalized by the institutional support of the government for the entrusting non-government. Because the lots of general studies so far have simply focused on indicating fragmentary factors i.e. economical factors, risk factors, system factors, or induction objects, etc., they are insufficient in making the practical decisions, therefore we indicated systemized model extending over the whole range of the IT outsourcing to support substantial decision makings, and assorted 4 categories and drew considerable 55 factors from the literature study to materialize the previously considerable factors at each decision making stage. And the principal factors were drawn from each decision making category by a group of 11 experts. Besides, a henceforth plan for the application was also presented through an actual example of the IT outsourcing decision making process of 'M', a public enterprise.

Multi-Criteria Decision-Making Model Using Quality Function Deployment (QFD) Method for the Most Suitable Temporary Earth Retaining System

  • Jung, Bae Yu;Byung, Cho Han;Jin, Han Sang;Won, Kwon;Ho, Jo Jae;Youl, Chun Jae
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.620-621
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    • 2015
  • In this study, the multi-criteria decision-making model based on Quality Function Deployment Method is proposed. Multicriteria decision-making is an attempt to link QFD method with the TOPSIS. By this effort, a model that makes client's decision-making more rational and objective in design phase is suggested. The multi-criteria decisionmaking model confirming to the Owner's requirements will improve the productivity of the construction industry and the satisfaction of the customer. Further study extending the range of the requirements, not only the Owner's requirement will be necessary to cover the various factors as much as possible. And then, finally as a flexible platform to achieve a sustainable quality management, web-based multi-criteria decision-making model can be utilized by the relevant stakeholders simultaneously with the feed-back and sharing the necessary informations.

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Three Models of Decision-Making (의사결정의 세 가지 모델)

  • Lee, Sang-hyung
    • Journal of Korean Philosophical Society
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    • v.144
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    • pp.257-283
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    • 2017
  • The purpose of this paper is primarily to examine models of collective decision-formation and decision-making. The goal is to propose a model of decision-formation and decision-making that is appropriate for a democratic society. Habermas distinguishes these models of decision-formation and decision-making by liberal, republican, and deliberative political models according to their justification types. Axel Honneth, on the other hand, is divided into three models of liberalism, proceduralism, and republicanism. I want to divide the model of possible decision-making in democratic society into three, that is, the model based on force, the model based on procedure, and the republican model. This distinction will identify the characteristics of each decision-making model and this confirmation will help us find the best decision-making model for a democratic society. In the end, I will combine the republican model with the procedural model. For this synthesis, I will also propose three conditions in modern society. I will argue that the three conditions of collective intelligence, active freedom, and horizontal networks are necessary.

A Study on the Evaluation of an Expert System에s Performance : Lens Model Analysis (전문가시스템의 성능평가에 관한 연구 : 렌즈모델분석)

  • 김충영
    • Journal of Information Technology Applications and Management
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    • v.11 no.1
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    • pp.117-135
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    • 2004
  • Since human decision making behavior is likely to follow nonlinear strategy, it is conjectured that the human decision making behavior can be modeled better by nonlinear models than by linear models. All that linear models can do is to approximate rather than model the decision behavior. This study attempts to test this conjecture by analyzing human decision making behavior and combining the results of the analysis with predictive performance of both linear models and nonlinear models. In this way, this study can examine the relationship between the predictive performance of models and the existence of valid nonlinear strategy in decision making behavior. This study finds that the existence of nonlinear strategy in decision making behavior is highly correlated with the validity of the decision (or the human experts). The second finding concerns the significant correlations between the model performance and the existence of valid nonlinear strategy which is detected by Lens Model. The third finding is that as stronger the valid nonlinear strategy becomes, the better nonlinear models predict significantly than linear models. The results of this study bring an important concept, validity of nonlinear strategy, to modeling human experts. The inclusion of the concept indicates that the prior analysis of human judgement may lead to the selection of proper modeling algorithm. In addition, lens Model Analysis is proved to be useful in examining the valid nonlinearity in human decision behavior.

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모바일택배시스템의 활용이 사용자의 의사결정과정에 미치는 영향 - 유비쿼터스 의사결정지원시스템의 관점에서 -

  • Lee, Geon-Chang;Jeong, Nam-Ho
    • 한국경영정보학회:학술대회논문집
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    • 2008.06a
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    • pp.1072-1077
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    • 2008
  • This study is aimed at proposing a new approach to designing UDSS (Ubiquitous Decision Support System) which allows context-awareness and connectivity. In the previous studies, the need to design UDSS and analyze its performance empirically was raised. However, due to the complexity of empirical approaches, there is no study attempting to tackle this research issue so far. To fill this research void, this study proposes a Mobile Delivery System (MDS) as a form of UDSS, empirically analyzing how users perceive its context-awareness and connectivity functions. Especially, to add more rigor to the proposed approach to know how much it works well in the decision-making contexts, we considered three decision making phases (intelligence, design, choice) in the research model. With the valid questionnaires collected from 340 users of the MDS, we induced statistically proven results showing that both context-awareness and connectivity of the proposed UDSS (or MDS) influence the decision making steps positively and then contribute to improving the decision making quality.

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Multiobjective Decision-Making applied to Ship Optimal Design

  • Wang, Li-Zheng;Xi, Rong-Fei;Bao, Cong-Xi
    • Journal of Ship and Ocean Technology
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    • v.5 no.1
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    • pp.30-37
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    • 2001
  • Ship optimal design is a multi-objective decision-making process and its optimal solution does not exit in general. It is a problem in which the decision-maker is very interested that an effective solution is how to be found which has good characteristic and is substituted for optimal solution in a sense. In the previous methods of multi-objective decision-making, the weighting coefficients are decided from the point of view of individuals which have a bit sub-jective an unilateral behavior. in order to fairly and objectively decide the weighting coeffi-cients, which are considered to be optimal in all system of multi-objective decision-making and satisfactory solution to the decision-maker, the pater presents a method of applying the Technology of the Biggest Entropy. It is proved that the method described in the paper is very feasible and effective be means of a practical example of ship optimal design.

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