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http://dx.doi.org/10.7842/kigas.2016.20.3.52

Decision Methodology for LNG Plant FEED Evaluation using Analytic Hierarchy Process  

Park, Jong-Hwa (Graduate School of Technology and Innovation Management)
Cho, Dae-Myeong (Hanyang University)
Publication Information
Journal of the Korean Institute of Gas / v.20, no.3, 2016 , pp. 52-58 More about this Journal
Abstract
In this study, evaluation method for LNG plant FEED is suggested and its validity is confirmed using a well-known decision making technique of Analytic Hierarchy Process (AHP). It is a pairwise comparison technique which can be used when multiple options must be considered for a single decision making problem. In order to develop an objective decision methodology, various decision parameters, sub-parameters as well as the concept of scale of assessment were introduced, and its consistency among these parameters was also checked by calculating the consistency index (C.I.). The methodology suggested in this article will contribute in evaluation of LNG plant FEED with less bias and subjectivity associated with the decision making procedure.
Keywords
LNG; Energy; Plant Engineering; FEED; AHP;
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