Course Information

Course Name	Turkish	Yapım Yönetiminde Kantitatif Karar Verme Teknikleri
	English	Quantitative Decision Making Techniques in Construction Management
Course Code	PYY 507E	Credit	Lecture (hour/week)	Recitation (hour/week)	Laboratory (hour/week)
Semester	-	3	-	-	-
Course Language		English
Course Coordinator		Fatma Pınar Çakmak
Course Objectives		1. Understand how to apply quantitative decision-making techniques in analyzing construction management problems 2. Learn basic principles and applications of different programming methods 3. Learn theory and applications of multi-criteria decision making
Course Description		Introduction to quantitative methods, quantitative analysis approach, model building, mathematical models, decision making models, approaches to decision making: optimizing vs satisficing, single criterion vs multiple criteria: multi attribute decision making (MADM) vs. multi objective decision making, basics and principles of multi attribute decision making, elementary methods, matrix algebra, definition of matrix, addition, subtraction and multiplication of matrices, determinant; inverse matrix; gaussian elimination, linear programming models: definition and basic assumptions of linear programming, solving linear programming problems using graphical approach, integer programming models, goal programming models, computer solution of programming problems, multi attribute decision making: value based methods, simple additive weighting (SAW), weighted product (WP), multi attribute decision making: TOPSIS, analytic hierarchy process (AHP), basics and principles of multi objective decision making, multi objective decision making solving methods: method of the global criterion, multi objective decision making solving methods: goal programming
Course Outcomes		Graduate students who successfully pass this course gain the following knowledge, skills and proficiencies I. The ability to apply mathematical concepts to the solution of construction management problems II. The ability to build quantitative / mathematical models for decision problems in a variety of functional areas of construction management III. The knowledge how to solve and interpret problems through the use of different programming methods IV. The knowledge how to solve and interpret multi criteria decision making problems
Pre-requisite(s)		None
Required Facilities
Other
Textbook		1. Render, B., Stair, R.M., Hanna, M. and Hale, T.S. 2009: Quantitative Analysis for Management, 10th edition. Upper Saddle River, NJ : Pearson Prentice Hall. 2. Evren, R. and Ülengin, F., 1992: Yönetimde Karar Verme, İ.T.Ü. İşletme Fakültesi. Yayın No:1478. 3. Halaç, O., 2001: Kantitative Karar Verme Teknikleri. Alfa Basım, İstanbul. 4. Tang, S.L., Ahmad, I.U., Ahmed, S.M., and Lu, M., 2004: Quantitative Techniques for Decision Making in Construction. Hong Kong University Press. 5. Winch, G.M., 2002: Managing Construction Projects. Blackwell Publishing, Oxford, UK.
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