Abstract

Tender evaluation is a critical decision making process that has a great impact on the project performance, with regards to time, cost and quality. The selection of the appropriate tender can ensure a smooth finishing of a project and eliminate several problems during construction. In this paper, the evidential reasoning (ER) approach which is capable of processing both quantitative and qualitative data is applied as a means of addressing the tender evaluation process. The process of building a multiple criteria decision model of a hierarchical structure of a tender is presented, in which both quantitative and qualitative information is represented in a unified manner. At the light of a case study of Bangladesh the tender evaluation process is then fully investigated using the ER approach. The advantages of applying this model in practice and its analysis are discussed.

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