Construction project selection with the use of fuzzy preference relation

In the article, author describes the problem of the construction project variant selection during pre-investment phase. As a solution, the algorithm basing on fuzzy preference relation is presented. The article provides an example of the algorithm used for selection of the best variant for construction project. The choice is made basing on criteria such as: net present value (NPV), level of technological difficulty, financing possibilities, and level of organizational difficulty.