Bidding strategy to support decision-making based on comprehensive information in construction projects (Q1677661): Difference between revisions
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scientific article
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English | Bidding strategy to support decision-making based on comprehensive information in construction projects |
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Bidding strategy to support decision-making based on comprehensive information in construction projects (English)
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13 November 2017
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Summary: 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.
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