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

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 formula...

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Main Authors: Ru Liang, Zhaohan Sheng, Feng Xu, Changzhi Wu
Format: Article
Language:English
Published: Wiley 2016-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2016/4643630
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author Ru Liang
Zhaohan Sheng
Feng Xu
Changzhi Wu
author_facet Ru Liang
Zhaohan Sheng
Feng Xu
Changzhi Wu
author_sort Ru Liang
collection DOAJ
description 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.
format Article
id doaj-art-2d9f0df575a140898f3613b15facccef
institution Kabale University
issn 1026-0226
1607-887X
language English
publishDate 2016-01-01
publisher Wiley
record_format Article
series Discrete Dynamics in Nature and Society
spelling doaj-art-2d9f0df575a140898f3613b15facccef2025-02-03T05:51:19ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2016-01-01201610.1155/2016/46436304643630Bidding Strategy to Support Decision-Making Based on Comprehensive Information in Construction ProjectsRu Liang0Zhaohan Sheng1Feng Xu2Changzhi Wu3School of Management and Engineering, Nanjing University, Nanjing, Jiangsu 210093, ChinaSchool of Management and Engineering, Nanjing University, Nanjing, Jiangsu 210093, ChinaSchool of Management and Engineering, Nanjing University, Nanjing, Jiangsu 210093, ChinaAustralasian Joint Research Centre for Building Information Modelling, School of Built Environment, Curtin University, Bentley, WA 6102, AustraliaThis 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.http://dx.doi.org/10.1155/2016/4643630
spellingShingle Ru Liang
Zhaohan Sheng
Feng Xu
Changzhi Wu
Bidding Strategy to Support Decision-Making Based on Comprehensive Information in Construction Projects
Discrete Dynamics in Nature and Society
title Bidding Strategy to Support Decision-Making Based on Comprehensive Information in Construction Projects
title_full Bidding Strategy to Support Decision-Making Based on Comprehensive Information in Construction Projects
title_fullStr Bidding Strategy to Support Decision-Making Based on Comprehensive Information in Construction Projects
title_full_unstemmed Bidding Strategy to Support Decision-Making Based on Comprehensive Information in Construction Projects
title_short Bidding Strategy to Support Decision-Making Based on Comprehensive Information in Construction Projects
title_sort bidding strategy to support decision making based on comprehensive information in construction projects
url http://dx.doi.org/10.1155/2016/4643630
work_keys_str_mv AT ruliang biddingstrategytosupportdecisionmakingbasedoncomprehensiveinformationinconstructionprojects
AT zhaohansheng biddingstrategytosupportdecisionmakingbasedoncomprehensiveinformationinconstructionprojects
AT fengxu biddingstrategytosupportdecisionmakingbasedoncomprehensiveinformationinconstructionprojects
AT changzhiwu biddingstrategytosupportdecisionmakingbasedoncomprehensiveinformationinconstructionprojects