Abstracts – Browse Results
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Cuervo, J C and Pheng, L S (2003) Ownership advantages/disadvantages of Singapore transnational construction corporations. Construction Management and Economics, 21(01), 81-94.
Fo, S, Marsh, x and Cockerham, G (2003) Assessing the capability of construction processes to realize building designs. Construction Management and Economics, 21(01), 7-10.
Ho, C M-F and Ng, V C-W (2003) Quantity surveyors' background and training, and their ethical concepts, conceptions and interests considerations. Construction Management and Economics, 21(01), 43-67.
Leung, M-Y and Liu, A M M (2003) Analysis of value and project goal specificity in value management. Construction Management and Economics, 21(01), 11-9.
Lingard, H (2003) The impact of individual and job characteristics on 'burnout' among civil engineers in Australia and the implications for employee turnover. Construction Management and Economics, 21(01), 69-80.
Pongpeng, J and Liston, J (2003) TenSeM: a multi-criteria and multi-decision -makers' model in tender evaluation. Construction Management and Economics, 21(01), 21-30.
- Type: Journal Article
- Keywords: multicriteria; multidecision-makers; interactive model; tender evaluation; social welfare function
- ISBN/ISSN: 0144-6193
- URL: https://doi.org/10.1080/0144619032000065090
- Abstract:
In tender evaluation, there appears to be a lack of a realistic working models capable of simultaneously (1) compiling multiple decision-makers’ inputs, (2) incorporating risk and uncertainty, and (3) offering computer interaction that makes a model flexible to any change in situation. Thus, the research has developed a more realistic working model including the necessary capabilities mentioned. The vital theory behind the model was a combination of a utility function and a social welfare function. The model was divided into two main steps (step1: evaluating contractor ability and step2: evaluating tenders) consisting of three main processes: (1) the contractor ability criteria selection process; (2) the contractor ability criteria balancing/measuring process; and (3) bid price and contractor ability balancing/measuring process. The model incorporated computer interaction in which Microsoft Excel performed calculation tasks while Visual Basic for Application (VBA) was coded for user interaction. To obtain a realistic working product, the model was tested for user friendliness, verification, sensitivity analysis, and validation. The test has shown that the multicriteria and multidecision-makers’ model, TenSeM, is a rational and realistic approach in solving a tender evaluation problem.
Zhang, H and Tam, C M (2003) Fuzzy decision making for dynamic resource allocation. Construction Management and Economics, 21(01), 31-41.