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Contractor selection of construction in a competitive environment

Author

Listed:
  • Edmundas Kazimieras Zavadskas
  • Zenonas Turskis
  • Jolanta Tamošaitiene

Abstract

Contractor selection is a vital part of the project management cycle and deals with risk and risk management. This paper presents contractors’ assessment and selection based on the multi‐attribute methods in a competitive and risky environment. The model is based on a multi‐attribute evaluation of contractors, the determination of their optimality criterion values according to Hodges‐Lehmann rule. The proposed model could be applied to assessment of construction operations. The attributes of contractor evaluation are selected taking into consideration the interests and goals of the stakeholders as well as factors that influence the process of construction efficiency. The model is based on metric scores. A background and a description of the proposed model are provided and a few key findings from the data analyses are presented.

Suggested Citation

  • Edmundas Kazimieras Zavadskas & Zenonas Turskis & Jolanta Tamošaitiene, 2008. "Contractor selection of construction in a competitive environment," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 9(3), pages 181-187, August.
    • Handle: RePEc:taf:jbemgt:v:9:y:2008:i:3:p:181-187
    DOI: 10.3846/1611-1699.2008.9.181-187
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    Citations

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    Cited by:

    1. Beata Grzyl & Magdalena Apollo & Adam Kristowski, 2019. "Application of Game Theory to Conflict Management in a Construction Contract," Sustainability, MDPI, vol. 11(7), pages 1-12, April.
    2. Mehmedali Egemen, 2022. "Building Construction Clients’ Design Consultant and Contractor Selection Criteria Versus Post-Occupancy Satisfaction Levels," SAGE Open, , vol. 12(2), pages 21582440221, April.
    3. Min-Ren Yan, 2015. "Project-Based Market Competition and Policy Implications for Sustainable Developments in Building and Construction Sectors," Sustainability, MDPI, vol. 7(11), pages 1-26, November.
    4. Abuselidze George & Zoidze Gia, 2023. "Competitive Environment Problems and Challenges in the Pre-Pandemic and Post-Pandemic Society," Economic Themes, Sciendo, vol. 61(3), pages 289-306, September.
    5. Zenonas Turskis & Nikolaj Goranin & Assel Nurusheva & Seilkhan Boranbayev, 2019. "A Fuzzy WASPAS-Based Approach to Determine Critical Information Infrastructures of EU Sustainable Development," Sustainability, MDPI, vol. 11(2), pages 1-25, January.
    6. Asha Ramadhan & William Gomera, 2022. "The impact of financial aspect on procurement procedures in achieving sustainable public procurement: A case of Zanzibar urban services project," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 11(10), pages 265-276, December.
    7. Aziz Naghizadeh Vardin & Ramin Ansari & Mohammad Khalilzadeh & Jurgita Antucheviciene & Romualdas Bausys, 2021. "An Integrated Decision Support Model Based on BWM and Fuzzy-VIKOR Techniques for Contractor Selection in Construction Projects," Sustainability, MDPI, vol. 13(12), pages 1-28, June.

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