Role of Management Qualification in One Society with Global and Historical Perspective
Issue:
Volume 7, Issue 2, June 2021
Pages:
18-27
Received:
30 June 2021
Accepted:
16 July 2021
Published:
23 July 2021
Abstract: Management qualification is very important for every person, society. With the help of management Qualifications we can achieve the goal of economic development. The role of business management education is very important in various ways. We can make planning with the Tool of master, increment, Capital budget. With the practice business management. With the help of practice of business management Qualification we can scan the idea easily and development of product according to need of time period. With the help of best practice of business management qualification we can run every system effectively, which is introduced in market for the innovation and development. We can analyze the strength and weakness. Business management qualifications help how we can analyze the market situation, because the best practice of business management. Good decision-making is also part of business management. We can adopt good alternatives during business decision. Because of practice management qualification we can design the best organizational structure and set up and matrix. During the practice of business management qualifications we can control our mistake and maintain and stander of quality control. Good economic policis can give the good prosperous future. When one country not avhieved the goal of economic development such countries face disaster in every sector, as a consequence whole nation wil face l economic and political unrest. In the light of all arguments we can say prosperous economic future is only only possible with economic growth and Devlopment.
Abstract: Management qualification is very important for every person, society. With the help of management Qualifications we can achieve the goal of economic development. The role of business management education is very important in various ways. We can make planning with the Tool of master, increment, Capital budget. With the practice business management....
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An Integrated Multi-Criterion Decision-Making Analysis to Rank the Pareto-Front Solutions of Time-Cost Trade-Off Problems
Issue:
Volume 7, Issue 2, June 2021
Pages:
28-40
Received:
15 July 2021
Accepted:
24 July 2021
Published:
29 July 2021
Abstract: In the construction management planning, both the client and the contractor are interested in completing the project within the planned schedule. To achieve it, time-cost trade-off problem (TCTP) is carried-out to obtain the optimal set of time-cost alternatives. Although Pareto front solutions are not preferred to each other, the decision-maker (DM) has to choose only the best solution. The DMs are neither well-educated nor have adequate knowledge to make proper decisions. Thus, such a choice has to be made through additional preferences not included in the original formulation of the optimization problem. To better support the meta-heuristic optimization outputs, in this paper, an integration of entropy weight, simple additive weighting (SAW), and technique for order of preference by similarity to ideal solution (TOPSIS) are modelled to solve the MCDM problem, while the Teaching Learning Based Optimization (TLBO) algorithm is applied to solve the proposed multi-objective decision-making model. In the proposed model, the weights selections are done objectively to demonstrate the variation on the rankings of MCDM approaches. While the entropy technique served to determine the weight of the criteria from the original matrix data objectively and the TOPSIS method is employed to rank the alternative Pareto front solutions. The proposed methodology is utilized to rank a set of Pareto optimal solutions of well-known optimization problems. The obtained results are compared against the rankings provided by (SAW) approach to investigate the efficiency of the proposed model. Results demonstrate that the present model can be a favorable decision-making model for the decision-makers.
Abstract: In the construction management planning, both the client and the contractor are interested in completing the project within the planned schedule. To achieve it, time-cost trade-off problem (TCTP) is carried-out to obtain the optimal set of time-cost alternatives. Although Pareto front solutions are not preferred to each other, the decision-maker (D...
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