Upgrading current multi-attribute decision-making with a 3-dimensional decision matrix for future-based decisions

MethodsX. 2021 May 28:8:101403. doi: 10.1016/j.mex.2021.101403. eCollection 2021.

Abstract

Two shortcomings of existing Multi-Attribute Decision-Making (MADM) approaches are presented in this paper. The problems were decision makers' (experts') dynamic level of experience in certain areas, as well as the difficulties of forecasting the future with the existing MADM techniques. A solution is also proposed to overcome the issues.•Two critical shortcomings of existing multi-attribute decision-making (MADM) approaches are presented with this work.•As a solution for the shortcomings, a 3-dimensional decision matrix is introduced.

Keywords: Decision matrix; Expert panel; Multi-criteria decision; Prospective decision.