Fuzzy Evaluation Method in the Application of the Engineering Bidding

Abstract

In the construction projects there has been accompanied by the emergence of risk from the investment decision-making of the building units to the contractors bidding on projects. Therefore, in order to satisfy the interests of construction units, It is necessary to carry out its comprehensive evaluation of the risk of bidders. In this paper, according to the fuzzy mathematics theory, we discuss the relevant principles of fuzzy evaluation and calculation method, and more, analyze a project example. State the application of this method in construction bidding. Provide the decision supports for the related Companies.

Summary of Application of Fuzzy Mathematics in Construction Project Management

“…Wang, W. [47] uses the fuzzy evaluation method of fuzzy theory set to comprehensively evaluate the engineering bidding system, selects the best plan from multiple alternatives, and provides decision support for the company's bidding.…”