ASSIGNMENT: Introduction to Value Tree Analysis                                                                                                                  

Date:

 

 

Report on

job selection problem   

 

Instructions

q       This document contains questions concerning the assignment. The questions are grouped by the corresponding phase in the assignment instructions to make it easier for you to answer as you proceed with the assignment.

q       Reading the provided learning material may help you in finding some of the answers.

q       Fill in your name, date and student number.

q       To copy a picture from Web-HIPRE, press Alt - Prt Sc and paste the figure into this document.

q       Web-HIPRE is available at the web site http://www.hipre.hut.fi. To create a new user account, click register and follow the instructions.

 

 

Name:

Student id. number:

Department:

 

 

 

The problem

You are about to select between three different job offers and you have decided to use value tree analysis to support the decision-making. Read the assignment instructions and fill in the word document step by step as you proceed with the assignment.

 


1) Hierarchical modeling of the objectives

q       Paste the objectives hierarchy into the answer section below. (See the instructions on the first page.)

q       How would you change the model? Would you like to add/remove some objectives?

 

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2) Consequences and attribute ranges

q       Paste the Web-HIPRE’s ratings window (performance / consequence matrix) into the answer section below.

q       How did you select the attribute ranges?

 

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3) Preference elicitation

q       Paste the composite priorities window into the answer section below and analyse the results.

q       What is the main factor affecting the results?

q       Is the result in line with your expectations before the analysis?

q       Did the weights assessed with AHP and SMART methods differ from each other? What could affect this?

 

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 4) Sensitivity analysis

q       Paste the relevant figures in the answer section and analyse.

q       Is the model sensitive to changes in objectives’ weights? Which weights is the solution most sensitive to?

q       Do you think that there is a need to refine the preference statements?

 

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5) Comments

q       Write a brief conclusion about the analysis.

q       How realistic was the analysis?

q       Do you think that you could use the approach in some real problem of your own?

q       Did you get new insights in the selection problem you analysed?

 

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