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Agapiou, A, Price, A D F and McCaffer, R (1995) Planning future construction skill requirements: understanding labour resource issues1. Construction Management and Economics, 13(02), 149-61.
Ahmad, I U, Russell, J S and Abou-Zeid, A (1995) Information technology (IT) and integration in the construction industry. Construction Management and Economics, 13(02), 163-71.
Akintoye, A (1995) Just-in-time application and implementation for building material management. Construction Management and Economics, 13(02), 105-13.
Chau, K W and So, A T P (1995) A fuzzy expert system for contract decision making. Construction Management and Economics, 13(02), 95-103.
Dawood, N N (1995) An integrated bidding management expert system for the make-to-order precast industry. Construction Management and Economics, 13(02), 115-25.
- Type: Journal Article
- Keywords: bidding; information system; expert system; precasting
- ISBN/ISSN: 0144-6193
- URL: https://doi.org/10.1080/01446199500000014
- Abstract:
Bidding decisions, including the estimation of optimal mark-up on price, represent major decision problems for companies formulating a successful business strategy. The objective of this research was to develop an integrated bidding management expert system to assess the suitability of incoming enquiries for a particular company and suggest a ’bid/no bid’ decision. If a decision to bid is taken then the expert system should provide advice on the optimal mark-up to maximize the chance of winning potential contracts. The system developed in this paper is composed of an information system that integrates design, estimation and production planning, and a knowledge base to provide abstracted information and advice to managers in charge of bidding. The information system analyses the records of previous contracts, and present managers with vital information that minimizes the risk of poor decisions associated with bidding. The knowledge base is composed of intelligent rules which were elicited from previous contract records and experienced managers in charge of bidding. They are designed to advise managers on two major issues: bid/no bid and estimation of optimal tender price. A number of factors that affect bidding strategies were identified by reviewing previous bidding methodologies and surveying eight major companies in the UK by means of semi-structured interviews.
Kometa, S T, Olomolaiye, P O and Harris, F C (1995) Quantifying client-generated risk by project consultants. Construction Management and Economics, 13(02), 137-47.
Navon, R and Maor, D (1995) Equipment replacement and optimal size of a civil engineering fleet. Construction Management and Economics, 13(02), 173-83.
Scott, S (1995) Checking the project plan. Construction Management and Economics, 13(02), 127-36.