The assessment of military project alternatives between dry dock and slipway in Taiwan's Navy

Abstract

This paper proposes a new “Vote-Ranking” method to “Balanced Scorecard (BSC)” analytic process to assess “Multiple Criteria Decision Making (MCDM)” issues. By means of literature review and questionnaires using “Customer, Internal Business Processes, Learning and Growth, and Financial”, more detailed and quantifiable performance management data are provided for decision-maker. The quantitative BSC method adopts the concept of MCDM, which uses a multi-hierarchy scheme to simply complicate problems. The 46 senior military experts and managers will be selected to form a decision task force. And then, from top to down, the indices of BSC will be voted, weighted and quantitative to assess the competitive alternatives. We use the total weighted scores method to get the best strategy alternatives. The cost-effectiveness and suitability comparative analysis of military engineering project investment between dry dock and slipway in navy is taken as a case study in the paper. The quantitative BSC analytic method incorporated with vote-ranking is applied to assess the competitive alternatives of the case study. Finally, the results suggest “slipway military engineering project” is the adoptable alternative in this study.