A hybrid method using FAHP and TOPSIS for project selection

Like any other forms of decision analysis that involve multiple criteria, project selection is an unstructured, complex decision problem with lots of aspects that must be taken into consideration. A hybrid method combining fuzzy analytic hierarchy process (FAHP) and the technique for preference by similarity to ideal solution (TOPSIS) is proposed to solve this problem. FAHP is used to analyze the problem and meanwhile to determine the criteria weights. TOPSIS is applied to rank all the given alternatives and determine the appropriate one. A case is studied to demonstrate the usefulness and effectiveness of the hybrid method.