Contractor Selection Using Ordinary, Block & Modified Topsis - Softcover

Yousefzadeh, Youshij

 
9783659362880: Contractor Selection Using Ordinary, Block & Modified Topsis
Softcover
ISBN 10: 3659362883 ISBN 13: 9783659362880
Verlag: LAP LAMBERT Academic Publishing, 2013

Inhaltsangabe

Contractor evaluation is a crucial part of the project management cycle and it is related to risk and risk management. One of the most main areas in the construction industry is the bidding process. The low-bid method fails to provide the public interest due to the issue that the lowest offer might not result in the lowest overall cost to the public. This research attempts to solve the contractor selection problem using three versions of Technique of ranking Preferences by Similarity to the Ideal Solution (TOPSIS), and compares their relative performance for two construction contractor’s selection problem. The proposed methodological tool can aid the manager in the modeling and selection of suitable contractor according to a set of predefined criteria in order to enhance the long-term performance of projects. Therefore after introducing the theoretical background, two examples are cited to demonstrate and validate the effectiveness and flexibility of these three versions of multi-criteria decision-making (MCDM) approaches. The results showed TOPSIS can be a good choice for contractor selection problems especially when there are a lot of alternatives.

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Reseña del editor

Contractor evaluation is a crucial part of the project management cycle and it is related to risk and risk management. One of the most main areas in the construction industry is the bidding process. The low-bid method fails to provide the public interest due to the issue that the lowest offer might not result in the lowest overall cost to the public. This research attempts to solve the contractor selection problem using three versions of Technique of ranking Preferences by Similarity to the Ideal Solution (TOPSIS), and compares their relative performance for two construction contractor's selection problem. The proposed methodological tool can aid the manager in the modeling and selection of suitable contractor according to a set of predefined criteria in order to enhance the long-term performance of projects. Therefore after introducing the theoretical background, two examples are cited to demonstrate and validate the effectiveness and flexibility of these three versions of multi-criteria decision-making (MCDM) approaches. The results showed TOPSIS can be a good choice for contractor selection problems especially when there are a lot of alternatives.

Biografía del autor

Youshij Yousefzadeh has obtained his Master in Eng. Management. He is a Professional Engineer with the Board of Engineers in Iran, and a Member of the Society of Civil and Construction Engineers Organization with over 13 years experience in Managing, Design and Construction of various types of Structures in Iran,Malaysia and International level.

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Verlag
LAP LAMBERT Academic Publishing
Erscheinungsdatum
2013
Sprache
Englisch
ISBN 10 
3659362883
ISBN 13 
9783659362880
Einband
Tapa blanda
Anzahl der Seiten
68
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Verantwortliche Person
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