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Abeid, J N (2000) Photo-net: An integrated system for controlling the progress of construction activities, Unpublished PhD Thesis, , Illinois Institute of Technology.

Al-Musallam, A A (2002) A web-based approach for coordinating architectural drawings with other construction documents, Unpublished PhD Thesis, , Illinois Institute of Technology.

Al-Sobiei, O S (2001) Assessment of risk allocation in construction projects, Unpublished PhD Thesis, , Illinois Institute of Technology.

Alavipour, S M (2017) Project scheduling using optimized financing, Unpublished PhD Thesis, , Illinois Institute of Technology.

Alkoud, A (2023) Investigating the impact of tall building ordinances (TBOs) on the evolution of ultra-tall buildings typology: Case studies in Chicago and Dubai, Unpublished PhD Thesis, , Illinois Institute of Technology.

Alothaimeen, I (2018) Multi-objective optimization for LEED: New construction using genetic algorithms, Unpublished PhD Thesis, , Illinois Institute of Technology.

Barbarosoglu, B V (2018) Early detection of maintainability issues in MEP systems using BIM, Unpublished PhD Thesis, , Illinois Institute of Technology.

Chotibhongs, R (2011) Managing the bidding process for the construction owner-detection and prevention of unbalanced bids and collusive bids, Unpublished PhD Thesis, , Illinois Institute of Technology.

Gunaydin, H M (1999) Impact of information technologies on project management functions, Unpublished PhD Thesis, , Illinois Institute of Technology.

Gunhan, S M (2003) Foreign market entry decision model for construction companies, Unpublished PhD Thesis, , Illinois Institute of Technology.

Hanioglu, M N (2014) Influence of owner-organization impression and contract framing on construction contractors' risk perceptions, Unpublished PhD Thesis, , Illinois Institute of Technology.

Ibrahim Mahmoud, M M (2005) An xml initiative of transferring architectural information to the construction site based on the BIM object concept, Unpublished PhD Thesis, , Illinois Institute of Technology.

Kale, S (1999) Competitive advantage in the construction industry: Firm-specific resources and strategy, Unpublished PhD Thesis, , Illinois Institute of Technology.

Kaplanoglu, S B (2007) Impact of pre-project peer review on project success, Unpublished PhD Thesis, , Illinois Institute of Technology.

Kleps, S M (2013) Impact of workflow disruptions, project characteristics and foremen characteristics on improvisational decisions and actions on construction sites, Unpublished PhD Thesis, , Illinois Institute of Technology.

Koksal, A (2002) Predicting the development of decline in construction companies, Unpublished PhD Thesis, , Illinois Institute of Technology.

Le, K T (2017) Material inventory control and management system in construction using GIS applications and a "hybrid" tracking system, Unpublished PhD Thesis, , Illinois Institute of Technology.

Lee, D-E (2004) Construction business automation system (CBAS), Unpublished PhD Thesis, , Illinois Institute of Technology.

Lee, S H (2010) Optimal highway investment decision-making under risk and uncertainty, Unpublished PhD Thesis, , Illinois Institute of Technology.

Ma, L (2022) A BIM-based life cycle assessment tool of embodied energy and environmental impacts of reinforced concrete tall buildings, Unpublished PhD Thesis, , Illinois Institute of Technology.

Mochtar, K (2000) Market-based pricing in construction, Unpublished PhD Thesis, , Illinois Institute of Technology.

  • Type: Thesis
  • Keywords: competition; decision support; market; contingency; bidding; manufacturing; marketing; pricing; client; simulation; information system; management information system
  • ISBN/ISSN:
  • URL: https://www.proquest.com/docview/304620073
  • Abstract:
    There is only one pricing approach predominantly used in construction: cost-based pricing. This pricing logic may lead to the underpricing or overpricing of a bid offer. On the other hand, there is another pricing strategy that is widely implemented in the manufacturing industry: market-based pricing. Market-based pricing starts with the customer and the benefits a company creates relative to key competitors. Chapter II discusses pricing in marketing both in general and in the construction industry. The discussion focuses on pricing and marketing concepts, principles, and market behavior, and finally strategies in pricing. The importance of the marketing intelligence function in pricing is discussed in Chapter III that includes marketing intelligence systems, marketing research, marketing information systems, and finally decision support systems both in general and in the context of the construction industry. The methodology of the research, including the development of market-based pricing models, the development of a survey instrument and of a simulation model, and finally the statistical tools used in the research, are discussed in Chapter IV. The questionnaire was mailed to the presidents/CEOs of Engineering News Record (ENR) 400 top U.S. construction companies. The research findings and their discussion are presented in Chapter V. In conclusion, the belief that the current pricing strategy in construction is predominantly cost-based is confirmed by the survey findings; indeed, in setting the markup, most contractors rely on their intuition after subjectively assessing the competition. The three internal pricing variables that have the largest statistically significant contingency coefficients with pricing strategy are “marketing intelligence capabilities”, “annual contract value”, and “the type of client in most projects”. It is discovered that contractors use mostly traditional marketing intelligence strategies. It is recommended that contractors develop computerized intelligence activities such as using resources on the Internet and developing management information systems and decision support systems. “Owner's characteristics”, “competitors' characteristics”, and “market demand” are statistically significant external variables in making pricing strategy decisions. A change in the current bidding procedure is proposed so that all parties in construction can maximize the benefits of market-based pricing strategies.

Pandey, A R (2016) Heuristic decision-making model for electrical foremen when workflow is disrupted, Unpublished PhD Thesis, , Illinois Institute of Technology.

Pulket, T (2008) Universal prediction model for construction litigation, Unpublished PhD Thesis, , Illinois Institute of Technology.

Rashed, A (2022) Influence of internal factors in construction organizations on the implementation of integrated project delivery viewed from the organizational change theory, Unpublished PhD Thesis, , Illinois Institute of Technology.

Riad, N I (1990) MODA: An expert system for managing owner-directed acceleration, Unpublished PhD Thesis, , Illinois Institute of Technology.

Rujirayanyong, T (2004) Data warehousing for construction, Unpublished PhD Thesis, , Illinois Institute of Technology.

Saleh, E (2020) A risk-based approach in selecting design natural hazard loads for temporary structures, Unpublished PhD Thesis, , Illinois Institute of Technology.

Suh, K (1993) RUSS: A scheduling system for repetitive-unit construction using line-of-balance technology, Unpublished PhD Thesis, , Illinois Institute of Technology.

Tokdemir, O B (2003) ALISS: Advanced linear scheduling system, Unpublished PhD Thesis, , Illinois Institute of Technology.

Yang, J (2022) Integrated decision support system for the selection and implementation of delay analysis in construction projects, Unpublished PhD Thesis, , Illinois Institute of Technology.

Yasamis, F (1999) Contractor quality performance (CQP) evaluation model in pavement projects, Unpublished PhD Thesis, , Illinois Institute of Technology.

Zhang, C (2013) Automated progress control using laser scanning technology, Unpublished PhD Thesis, , Illinois Institute of Technology.

Zhou, B (2012) Optimal decision-making of interdependent transportation investment alternatives under risk and uncertainty, Unpublished PhD Thesis, , Illinois Institute of Technology.

Zhou, Q (2002) From CAD to IAD: An internet application of steel construction consulting for architects, Unpublished PhD Thesis, , Illinois Institute of Technology.