MACBETH (Measuring Attractiveness by a Categorical Based Evaluation Technique) is an interactive approach that requires only qualitative judgements about differences to help a decision maker or a decision-advising group quantify the relative attractiveness of options. It employs an initial, interactive, questioning procedure that compares two elements at a time, requesting only a qualitative preference judgement.
As judgements are entered into the software, it automatically verifies their consistency. A numerical scale is generated that is entirely consistent with all the decision maker 's judgements. Through a similar process weights are generated for criteria.
The M-MACBETH software provides tools to facilitate:
Complete model structuring
Management of complex problems involving qualitative value scores and weights
Interactive sensitivity and robustness analyses
| the designers of MACBETH are: |
| Carlos Bana e Costa | Jean Marie De Corte | Jean-Claude Vansnick |
| Technical University of Lisbon and London School of Economics | University of Mons
Belgium | University of Mons
Belgium |
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Applications
- Strategic plan development
- Resource allocation
- Alternative site location comparison for major infrastructures
- Participative evaluation of Social, economic and environmental impacts for major infrastructures
- Horizontal and vertical conflict resolution in the implementation of public policies.
- Cost, Benefit and risk analysis of projects and programs
- Performance evaluation for employees
- Performance evaluation for suppliers
- Public call for tenders’ evaluation
- Development of risk models and scenario analysis
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