A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Construction Engineering Bidding Risk Analysis
In the Bill of Quantities mode, the bidder must take risks of his tender offer. This paper researched on the uncertainty of construction projects costs, proposed Monte Carlo simulation method and procedure to simulate the construction projects costs on the basis of the construction projects costs conform to the characteristics of normal distribution, and also put forward a method to calculate risks of the tender offer in accordance with the established bidding strategy, which are helpful to the risk management and control of project contracting enterprises.
Construction Engineering Bidding Risk Analysis
In the Bill of Quantities mode, the bidder must take risks of his tender offer. This paper researched on the uncertainty of construction projects costs, proposed Monte Carlo simulation method and procedure to simulate the construction projects costs on the basis of the construction projects costs conform to the characteristics of normal distribution, and also put forward a method to calculate risks of the tender offer in accordance with the established bidding strategy, which are helpful to the risk management and control of project contracting enterprises.
Construction Engineering Bidding Risk Analysis
Advanced Materials Research ; 671-674 ; 2990-2994
2013-03-11
5 pages
Article (Journal)
Electronic Resource
English
Construction Engineering Bidding Risk Analysis
| British Library Conference Proceedings | 2013
Competitor analysis in construction bidding
| British Library Online Contents | 2010
Competitor analysis in construction bidding
| Taylor & Francis Verlag | 2010
Competitor analysis in construction bidding
| Online Contents | 2010
Optimizing Construction Bidding
| British Library Conference Proceedings | 1996