Bidding-Evaluation of Construction Projects Based on VIKOR Method
Multiple criteria decision modeling is proposed for determining the most preferred bidding markup in a competitive bidding situation. This paper presents a new evaluation approach VIKOR method to solve the MCDM (multiple criteria decision making) problems with conflicting criteria or criteria of different units. Since this method provides a maximum “group utility of the “majority and a minimum of the individual regret of the “opponent, the obtained compromise solution could be readily accepted by the decision makers. The weights’ value is determined by Analytic Hierarchy Process based on experts’ knowledge to capture qualitative as well as quantitative information in the proposed model. A numerical example is presented to illustrate the methodological issues in Construction Project Bidding-evaluation. The numerical results show that the proposed approach is right and effective. This method can precisely demonstrate the bidding units’ technological and economical characteristic.
VIKOR Analytic Hierarchy Process (AHP) Multiple criteria Decision Making Criteria Bidding-evaluation
Hongyan Liu Tao Yan
Department of Economic and management North China Electric Power University Baoding, Hebei Province, China
国际会议
2007 IEEE International Conference on Automation and Lofistics
山东济南
英文
2007-08-18(万方平台首次上网日期,不代表论文的发表时间)