Authors : Vadim A. Lomazov, Elena V. Nesterova, Valentina I. Lomazova, Valery G. Nesterov, Svetlana V. Igrunova and David A. Petrosov
Abstract: The research is dedicated to the development of the expert technology methodology in evaluating, choosing and the following implementation of innovative projects in the social sphere. In evaluating the projects it was proposed to consider not only social but also political, economic, technological, scientific and innovative aspects. The conversion of projects performance figures to a dimensionless form allowed the use of a multi-level hierarchical system of criteria reflecting the relative importance of the project indicators for the individual aspects. The decision support procedure was developed in this research which consists in reducing the area of selection, after which the final selection of projects is made by the decision maker. As part of the procedure it is proposed to take into account the possible changes in the values of expert judgments about the relative importance of indicators and assessment criteria. The accounting of changes in the sensitivity of the expert judgments is made on the basis of simulation computational experiment. Preliminary results of the proposed approach in the framework of a research prototype of information-analytical system of multi-criteria evaluation and selection of innovative projects in the health sector are evidence of its effectiveness.
Vadim A. Lomazov, Elena V. Nesterova, Valentina I. Lomazova, Valery G. Nesterov, Svetlana V. Igrunova and David A. Petrosov, 2016. Selecting the Innovative Projects Taking into Account the Sensitivity of Multi Criteria Evaluation from the Changes of Expert Judgments. International Business Management, 10: 3354-3358.