• DocumentCode
    3509637
  • Title

    Contractors Selection Based on the Grey Decision Model

  • Author

    Wang Wei ; Liu-Zhuang Zhi

  • Author_Institution
    Sch. of Manage., Huazhong Univ. of Sci. & Technol., Wuhan
  • fYear
    2007
  • fDate
    21-25 Sept. 2007
  • Firstpage
    5301
  • Lastpage
    5304
  • Abstract
    Contractor selection is a multiple-attribute decision-making (MADM) problem. Since the decision makers (DMs) such as preferences on alternatives or on the attributes of contractor are often uncertain, undefined, vague and fuzzy, contractor selection becomes more difficult. Current selection methods are reviewed and three main concepts are generated for selection: cost, time, and quality. The proposed selection model uses evaluation criteria related to these concepts. Grey theory is one of the methods used to study uncertainty, having advantage over other theory in the mathematical analysis of systems with uncertain and fuzz information. In this paper, we propose a new multi-criteria decision model for construction contractor selection based on the grey decision theory. This model can be used as a decision support system by project owners to identify an eligible contractor or tender to be awarded the contract. The work procedure is as follows: firstly, the weights and ratings of attributes for all alternatives are described by linguistic variables that can be expressed in grey numbers. Secondly, using a grey possibility degree, the ranking order of all alternatives is determined. Finally, an example of a selection problem of contractor is used to illustrate the proposed approach.
  • Keywords
    construction industry; decision making; decision theory; grey systems; mathematical analysis; operations research; construction contractor selection; decision support system; grey decision theory; mathematical analysis; multicriteria decision model; multiple-attribute decision-making problem; Contracts; Costs; Decision support systems; Decision theory; Electronic mail; Fuzzy systems; Mathematical analysis; Mechanical engineering; Technology management; Uncertainty;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Wireless Communications, Networking and Mobile Computing, 2007. WiCom 2007. International Conference on
  • Conference_Location
    Shanghai
  • Print_ISBN
    978-1-4244-1311-9
  • Type

    conf

  • DOI
    10.1109/WICOM.2007.1298
  • Filename
    4341073