The application of Analytic Network Process (ANP) in selecting the intersection investment between Tran Hung Dao – 3 Thang 2 – Mau Than in Ninh Kieu District, Can Tho City

Abstract

The analysis and evaluation of construction investment options in Vietnam is still qualitative and subjective, so investment decisions are not truly rational. This study proposes the Analytical Network Process (ANP) method applied to build evaluation models and then selecting criteria to quantify and digitize with specialized software, to analyze and make appropriate decisions. This research was conducted through a survey of 74 construction experts and engineers undertaking different roles in the project (state management agencies, investors, consultants, contractors, etc.). As a result, 29 variables (divided into 06 groups of factors), were established and analysed using Superdecision software. The study shows that option 01 (intersection renovation and expansion) has the highest score; and was proposed to invest and implement in practice.