• DocumentCode
    2156195
  • Title

    A Study of Project Bidding Decision Based on Analytical Hierarchy Process Method

  • Author

    Zhang Wei-wei ; Wu Heng-liang ; Wen Guo-feng

  • Author_Institution
    Sch. of Manage. Sci. & Eng., Shandong Inst. of Bus. & Technol., Yantai, China
  • fYear
    2010
  • fDate
    24-26 Aug. 2010
  • Firstpage
    1
  • Lastpage
    4
  • Abstract
    Bidding is a critical activity for most of contractors in face of intense competition. Thus, it is necessary to develop a practical bidding decision method. This paper presents a bidding decision model based on the analytical hierarchy process (AHP) method. As an illustration, a practical example of a construction company is cited, which demonstrates the application of this method and shows how this method can provide the decision makers with convincing and reliable results.
  • Keywords
    construction industry; decision making; matrix algebra; pricing; project management; analytical hierarchy process method; construction company; contractor; project bidding decision model; Analytical models; Companies; Construction industry; Decision making; Mathematical model; Proposals;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management and Service Science (MASS), 2010 International Conference on
  • Conference_Location
    Wuhan
  • Print_ISBN
    978-1-4244-5325-2
  • Electronic_ISBN
    978-1-4244-5326-9
  • Type

    conf

  • DOI
    10.1109/ICMSS.2010.5576502
  • Filename
    5576502