An incentive pay system for project management based on responsibility assignment matrix and fuzzy linguistic variables
Project management is a discipline that is receiving continuous attention. Managing people effectively has significant impact on the outcome of a project. An effective incentive system helps the organization achieve its goals while meeting the personal needs of participants. The present study proposes a novel incentive pay system for project management based on responsibility assignment matrix (RAM) and fuzzy linguistic variables. It adopts the structure of RAM to model each team members responsibility and performance, which are then evaluated by fuzzy linguistic variables. Four models are proposed for variant project management circumstances. When tested in a realistic application, the resultant feedback was supportive, with it beings perceived to be more fair and timely when compared to a conventional incentive pay system. Its implementation is efficient; and its results are effective.
incentive pay system project management responsibility assignment matrix fuzzy set theory