Individual, Group, and Organizational Factors Affecting Group Bidding Decisions for Construction Projects
Joint Authors
Skitmore, Martin
Yan, Peng
Liu, Junying
Source
Issue
Vol. 2018, Issue 2018 (31 Dec. 2018), pp.1-10, 10 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2018-06-11
Country of Publication
Egypt
No. of Pages
10
Main Subjects
Abstract EN
Deciding whether bid for the construction project is classic risk-based decision-making that is crucial to the survival and prosperousness of construction companies.
More contractors are adopting group bidding decision-making to reduce the number of incorrect decisions.
However, previous related studies mainly focus on project factors that overlook the members of bidding groups and the interaction between bidding group members.
The aim of this paper, therefore, is to investigate the potential factors that influence group bidding decision-making for construction projects.
Twenty factors relating to individual, group, and organizational levels are identified through a literature review and interviews with experienced practitioners.
A questionnaire survey of 203 Chinese international contractors is conducted to obtain the importance of the factors involved.
The results of the ranking analysis indicate 14 critical factors, among which “risk perception” and “team decision preference” are regarded as the two most significant.
Moreover, 20 factors can be classified into five groupings: (1) values and strategic goals, (2) collaboration and learning orientation, (3) consensus reaching, (4) risk awareness, and (5) empowerment and development, with risk awareness having an especially strong influence.
This research deepens the understanding of factors belonging to different organizational levels that need to be highlighted during the group bidding decision-making process and provides strategies for bidding groups and their companies to improve their decision performance.
American Psychological Association (APA)
Yan, Peng& Liu, Junying& Skitmore, Martin. 2018. Individual, Group, and Organizational Factors Affecting Group Bidding Decisions for Construction Projects. Advances in Civil Engineering،Vol. 2018, no. 2018, pp.1-10.
https://search.emarefa.net/detail/BIM-1115871
Modern Language Association (MLA)
Yan, Peng…[et al.]. Individual, Group, and Organizational Factors Affecting Group Bidding Decisions for Construction Projects. Advances in Civil Engineering No. 2018 (2018), pp.1-10.
https://search.emarefa.net/detail/BIM-1115871
American Medical Association (AMA)
Yan, Peng& Liu, Junying& Skitmore, Martin. Individual, Group, and Organizational Factors Affecting Group Bidding Decisions for Construction Projects. Advances in Civil Engineering. 2018. Vol. 2018, no. 2018, pp.1-10.
https://search.emarefa.net/detail/BIM-1115871
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1115871