Title :
Construction project bid evaluation optimization model based on the method of ELECTRE- I
Author :
Wu, Yun-na ; Huang, Yong ; Chen, Wen-gang
Author_Institution :
Sch. of Econ. & Manage., North China Electr. Power Univ., Beijing, China
Abstract :
How to take reasonable and scientific decision-making method to select the better limited bidding schemes is a main question in the project bidding evaluation. This article introduces the ELECTRE-I method, on the basis of building indicator matrix, determine higher-level relations between different bid schemes, through accordance and disaccord examine, and seek for the non-inferior scheme subset unceasingly, finally, determine the best bid scheme. This method considered the actual situation and the value preference of construction units and overcame the supplementary situation between evaluative indicators, and it will provide a new method basis for the decision-makers.
Keywords :
construction industry; decision making; optimisation; project management; ELECTRE-I method; bidding scheme; building indicator matrix; construction project bid evaluation optimization; decision making method; elimination and choice expressing reality; Algorithm design and analysis; Decision making; Economics; Indexes; Reliability engineering; Sorting; Standardization; ELECTRE-I method; G1 method; Project bidding evaluation;
Conference_Titel :
Industrial Engineering and Engineering Management (IE&EM), 2011 IEEE 18Th International Conference on
Conference_Location :
Changchun
Print_ISBN :
978-1-61284-446-6
DOI :
10.1109/ICIEEM.2011.6035479