Axioms (Mar 2024)
Fuzzy Decision-Making and Resource Management Model of Performance Evaluation Indices
Abstract
The Performance Evaluation Matrix (PEM) is an excellent decision-making tool for assessment and resource management. Satisfaction Index and Importance Index are two important evaluation indicators of construction and PEM. Managers can decide whether the service item needs to be improved based on the Satisfaction Index of the service item. When resources are limited, managers can determine the priority of improving the service item based on the Importance Index. In order to avoid the risk of misjudgment caused by sample errors and meet the needs of enterprises’ rapid decision-making, this study proposed a fuzzy test built on the confidence intervals of the above two key indicators to decide whether essential service items should be improved and determine the priority of improvement. Since the fuzzy test was relatively complex, this study further came up with fuzzy evaluation values and fuzzy evaluation critical values of service items following fuzzy testing rules. Besides, evaluation rules were established to facilitate industrial applications. This approach can be completed with any common word processing software, so it is relatively convenient in application and easy to manage. Finally, an application example was presented in this paper to explain the applicability of the proposed approach.
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