Title :
A stochastic regression model for proposal success evaluation
Author_Institution :
Graduate School of Business Administration, University of Southern CaUfornia, Los Angeles, Calif.
fDate :
6/1/1965 12:00:00 AM
Abstract :
A stochastic model is presented which purports to assess the “probability” of a given proposal “capturing” a job contract award. Parameters of the process are estimated by a constrained set of linear regression equations involving the ranked positions of identified competitors relative to factors thought to be influential in the award process. Intended use of the model includes: a) avoidance of preparation of potentially nonwinning proposals, b) quantitative inclusion of political, psychological, and/or other “nonquantitative” factors in the assessment of contract winning capability, and c) identification of areas where a unit improvement
Keywords :
Awards activities; Biological system modeling; Contracts; Organizations; Proposals; Research and development management; Standards organizations;
Journal_Title :
Engineering Management, IEEE Transactions on
DOI :
10.1109/TEM.1965.6446446