Bidding Strategy to Support Decision-Making Based on Comprehensive Information in Construction Projects

Joint Authors

Wu, Changzhi
Liang, Ru
Xu, Feng
Sheng, Zhaohan

Source

Discrete Dynamics in Nature and Society

Issue

Vol. 2016, Issue 2016 (31 Dec. 2016), pp.1-15, 15 p.

Publisher

Hindawi Publishing Corporation

Publication Date

2016-08-11

Country of Publication

Egypt

No. of Pages

15

Main Subjects

Mathematics

Abstract EN

This paper develops a unified method to support contractor for bidding selection in construction projects.

A cross-functional contractor with 28 candidate units distributed in the three departments (construction units, design units, and suppliers) is used as an example.

This problem is first formulated as a 0-1 quadratic programming problem through optimizing individual performance and collaborative performance of the candidate units based on individual information and collaborative information.

Then, a multiobjective evolutionary algorithm is designed to solve this problem and a bidding selection problem for a major bridge project is used to demonstrate our proposed method.

The results show that the decision-maker (DM) obtains a better contractor if he pays more attention to collaborative performance.

American Psychological Association (APA)

Liang, Ru& Sheng, Zhaohan& Xu, Feng& Wu, Changzhi. 2016. Bidding Strategy to Support Decision-Making Based on Comprehensive Information in Construction Projects. Discrete Dynamics in Nature and Society،Vol. 2016, no. 2016, pp.1-15.
https://search.emarefa.net/detail/BIM-1103453

Modern Language Association (MLA)

Liang, Ru…[et al.]. Bidding Strategy to Support Decision-Making Based on Comprehensive Information in Construction Projects. Discrete Dynamics in Nature and Society No. 2016 (2016), pp.1-15.
https://search.emarefa.net/detail/BIM-1103453

American Medical Association (AMA)

Liang, Ru& Sheng, Zhaohan& Xu, Feng& Wu, Changzhi. Bidding Strategy to Support Decision-Making Based on Comprehensive Information in Construction Projects. Discrete Dynamics in Nature and Society. 2016. Vol. 2016, no. 2016, pp.1-15.
https://search.emarefa.net/detail/BIM-1103453

Data Type

Journal Articles

Language

English

Notes

Includes bibliographical references

Record ID

BIM-1103453