W3_Haitham_ Accommodation Decision


  1. Problem Definition

I and my wife found that we are ready to move to a new place. After discussing with real-estate agents, we came across three choices, which are hard to choose among them as my wife was more into one of the options (Town-House).

2.  Development of Feasible Alternatives

Based on the discussion with the real-estate agent we identified 3 suitable options; buying another town-house, apartment or house.

 

  1. Development of the Outcome for Alternative

Price

Location

Market / Demand

Rent price

 

 

  1. Selection of Criteria.
  Town-House Apartment House
Price 100,000 R.O 80,000 R.O 150,000 R.O
Location Al Khoudh

(6th District)

Al Khuwair

(Center)

Ansab

(Semi Center)

Market / Demand High High Average
Rent price/year 12,000 R.O 13,200 R.O 7,200 R.O

 

Figure 1. Analysis Comparison

 

 

  1. Analysis and Comparison of the Alternative.

 

By using Grid Analysis, the comparison of the above criteria will be as below;

  Town-House Apartment House
Price 2 3 1
Location 2 3 2
Market / Demand 3 3 2
Rent price/year 2 1 3
Total 9 10 8

 

Figure 2. Weight Assessment

 

Legend:

Price: 3=Cheapest, 2=Cheaper, 1=Cheap

Locations: 3=Best, 2=Better, 1=Good Market

Market Demand: 3=Higher, 2=High, 1=Average

Rental Price: 3=Lower, 2=High, 1=Higher

 

  1. Selection of the Preferred Alternative.

 

Further to the exercise applied (Grid Analysis), the above table shows them Apartment scored the highest ranked which can be considered as the preferred alternative.

 

  1. Performance Monitoring and the Post Evaluation of Result.

 

The minute I showed the above results to my family, they were totally convinced that the apartment is the best choice to buy.

 

References:

 

 

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One thought on “W3_Haitham_ Accommodation Decision

  1. Sorry Haitham, but despite the fact you picked a really great case study, not only are you having technical problems getting your graphics and tables to show up, but you are still not providing the required number of references. (meeting the Technical Specifications)

    My best and most sincere advice is to seek out help from your team members who are getting 4 or 5 stars each. There are many on your team who really understand this assignment.

    BR,
    Dr. PDG, Boston MA

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