Bidding Strategy to Support Decision-Making Based on Comprehensive Information in Construction Projects. (11th August 2016)

• Record Type: Journal Article
• Authors: Liang, Ru; Sheng, Zhaohan; Xu, Feng; Wu, Changzhi
• Other Names: Zhou Yong Academic Editor.
• Is Part Of: Discrete dynamics in nature and society. Volume 2016(2016)
• Publication Date: 2016-08-11
• Subjects: System analysis -- Periodicals; Dynamics -- Periodicals; Chaotic behavior in systems -- Periodicals; Differentiable dynamical systems -- Periodicals; 003.05
• DOI: 10.1155/2016/4643630
• Languages: English
• ISSNs: 1026-0226

Abstract

Abstract : 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.