Multi-Criteria Decision Making Model for Project Financing: The Case of Ethiopian Banks - Softcover

Beshah, Birhanu

Softcover

ISBN 10: 3846551821 ISBN 13: 9783846551820

Publisher: LAP LAMBERT Academic Publishing, 2011

Synopsis

The objective of this paper is to develop a multi-criteria decision making model for project financing. In the process, state-of-the-art literatures are reviewed on project management, project financing, multi-criteria decision making techniques and models, Analytic Hierarchy Process (AHP), etc. Furthermore, problems related to project selection and financing in the Ethiopian Banks are analyzed in depth by using evaporating cloud diagram as a method. In general, evaluating a project and disbursing finance is one of the most difficult and risky task for employees and also for bankers. The study identified and categorized the main project success factors into seven. They are: technical, market and demand, financial, socio-economic, institutional, discounting, and non-discounting criteria. Under each criterion, sub-criteria are included. By using these criteria as an input, an AHP structure of hierarchy is developed. The research further revealed that the proposed method can reduce decision making process in addition to decision quality. In the case study, the application of the proposed method reduced the decision making process from 6 months to a month.

About this title

About the Author

He has BSc. from Bahir-dar University and MSc. from Addis Ababa University in the field of Industrial Engineering. Currently, he is lecturer at Addis Ababa University, Addis Ababa Institute of Technology, Mechanical Engineering Department (Industrial Engineering Stream).

Edition details

• Publisher: LAP LAMBERT Academic Publishing
• Publication date: 2011
• Language: English
• ISBN 10: 3846551821
• ISBN 13: 9783846551820
• Binding: Paperback
• Number of pages: 96