 Using the TOPSIS Method to Evaluate Projects for VirtualizationMihail Radev ()
Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, 2017, issue 2, 234-241 Abstract: The study focuses on six Multi-Criteria Decision Making (MCDM) methods, examines the characteristics of the methods, their advantages and disadvantages, fields of application. Technique for Order Preference by Similarity to the Ideal Solution (TOPSIS) method is studied and used. The procedure for implementing the step-by-step method is presented. Practical application of TOPSIS method is made in a situation when selecting a solution for virtualization of IT infrastructure in a sample company. The choice is among several possible alternative options for the deployment of desktop virtualization. Criteria, weights and points are defined by experts for each one of them. As a result, the ranking of the alternative options is obtained and used to select the best one. The conclusion is that using TOPSIS method allows the determination of a best alternative in a clear and easy way. Keywords: TOPSIS; virtualization; Multiple Criteria Decision Making; MCDM (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:vra:journl:y:2017:i:2:p:234-241 Access Statistics for this article More articles in Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series from Union of Scientists - Varna, Economic Sciences Section Contact information at EDIRC. |
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