Bid evaluation decision for major project based on analytic hierarchy process and data envelopment analysis cross-effici
- PDF / 1,320,261 Bytes
- 9 Pages / 595.276 x 790.866 pts Page_size
- 65 Downloads / 148 Views
ORIGINAL RESEARCH
Bid evaluation decision for major project based on analytic hierarchy process and data envelopment analysis cross‑efficiency model Liang Zhao1 · Weiguo Liu2 · Yong Wu3 Received: 12 August 2019 / Accepted: 22 October 2019 © Springer-Verlag GmbH Germany, part of Springer Nature 2019
Abstract As is known that there are some drawbacks bid evaluation decision for some major projects, which would easily induce some problems, such as fault decision, low efficiency, poor benefit, etc., or even some social corruptions, which would seriously affect the cooperation and sustainable development of society, economy and environment. Therefore, considering these drawbacks, in this paper, a new model based on analytic hierarchy process and data envelopment analysis (AHP/DEA) cross-efficiency is proposed for bid evaluation decision problems of major project. To deal with the complexity of bid evaluation decision for major project, a set of indices with multiple inputs and outputs is firstly proposed. Then, the DEA cross efficiency is adopted to develop a pairwise comparison matrix, after that, the AHP is applied for bid evaluation decision for major project using the pairwise comparison matrix. Finally, case studies are presented to demonstrate the reasonability and feasibility of the proposed evaluation decision model, it follows from these results that, the proposed new bid evaluation decision model can shed some new light on contractor selection for major projects. Keywords Bid evaluation decision · Major project · AHP/DEA model · Evaluation index · Cross-efficiency
1 Introduction In the past few decades, with the development of economy and society, there have been a lot of major projects across China. The major project is an extremely complex systematic project. With massive investment, long cycle and high risk, major project involves numerous participants, attracts the concern of many people and companies, and exerts wide influences (Yang and Liu 2010). With the rapid development of social economy in our country, major project investment proportion is increasing dramatically. On the upside,
* Yong Wu [email protected] Liang Zhao [email protected] Weiguo Liu [email protected] 1
Business School, Hohai University, Nanjing 210098, China
2
Business Management School, Nanjing Audit University, Nanjing 211815, China
3
College of Business, Nanjing Xiaozhuang University, Nanjing 211171, China
in Chinese economic growth, the major project greatly promotes the economic growth and social progress. On the downside, these projects pose difficulties to decision-making units (DMUs), with a high probability of unexpected returns, and may lead to corruption issues, restrict the social, economic, and ecological environment in China’s coordinated and sustainable development. In particular, it should be emphasized that major projects often encounter various risks in the process of implementation. To solve these problems, it is critical and necessary to make scientific and reasonable decisions in bid ev
Data Loading...
