摘要：Usually, we consider Multi Criteria Decision Analysis (MCDA) as a deterministic approach to support complex decisions, which involve multidisciplinary profiles. Furthermore, risk analysis is considered as an integral part of investments analysis, also in a probabilistic version. In this work, we are going to explore the applicability of probabilistic MCDA in supporting risk analysis practices (as a part of project management activities), in economic feasibility evaluation of the real estate investment projects. It is assumed a management approach based on adaptive approach instead of optimization approach; to operate in context characterized by the presence of risk/uncertainty components; that these components are able to perturb decision processes and strategic choices, conditioned by subjectivity/uncertainty of stakeholders and institutions in judgement definition phase (decision maker’s utility functions, criterion scores, ranking of alternatives, etc.).
