A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Development of a Construction Project Bidding Decision-Making Tool
Given the increasingly competitive environment in the construction industry, investigating the bidding strategies and the influential factors on bidding decisions has become a topic of research since the mid-1950s. To date, numerous decision-making tools have been developed to assist contractors in making bid/no-bid decisions. Despite the excessive availability of the decision-making tools, their utilization rate is very low. Therefore, a practical and user-centered tool to help with the bid/no-bid decisions is needed. The purpose of this study is to develop a practical decision-making tool to assist decision makers in making construction project bidding decisions and selecting the most appropriate projects to bid on using the analytic hierarchy process (AHP). Two illustrative examples, based on hypothetical case studies, are also provided to describe the implementation process of the developed decision-making tool.
Development of a Construction Project Bidding Decision-Making Tool
Given the increasingly competitive environment in the construction industry, investigating the bidding strategies and the influential factors on bidding decisions has become a topic of research since the mid-1950s. To date, numerous decision-making tools have been developed to assist contractors in making bid/no-bid decisions. Despite the excessive availability of the decision-making tools, their utilization rate is very low. Therefore, a practical and user-centered tool to help with the bid/no-bid decisions is needed. The purpose of this study is to develop a practical decision-making tool to assist decision makers in making construction project bidding decisions and selecting the most appropriate projects to bid on using the analytic hierarchy process (AHP). Two illustrative examples, based on hypothetical case studies, are also provided to describe the implementation process of the developed decision-making tool.
Development of a Construction Project Bidding Decision-Making Tool
Kalan, Duygu (author) / Ozbek, Mehmet Egemen (author)
2019-09-26
Article (Journal)
Electronic Resource
Unknown
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