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
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.
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.
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the designers of MACBETH are:
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| Carlos Bana e Costa | Jean Marie De Corte | Jean-Claude Vansnick |
| Technical University of Lisbon and London School of Economics |
University of Mons-Hainaut Belgium |
University of Mons-Hainaut Belgium |
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 tendersí evaluation
- Development of risk models and scenario analysis