Bid or no bid decision making tool using analytic hierarchy process
In today's competitive business environment, every construction company confronts a decision-making dilemma and must decide whether to bid or not bid on a project(s) or which project(s) to bid on among candidates. Even though the decision-makers come to the conclusion with different judgments, a final evaluation always requires putting different factors into consideration and contemplating the ups and downs of a project. Therefore, bid or no bid decision is complex and crucial for construction companies. The complexity comes from the consideration of many intangible and tangible factors in the ...
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Ozbek, Mehmet E.