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003 OSt
005 20190211160459.0
008 051221s2005 xx ||||gr |0|| 0 eng d
100 1 _aWei-Chih Wang
_922970
245 1 0 _aSupporting project cost threshold decisions via a mathematical cost model
260 _aNijkerk :
_bElsevier,
_c2004
520 3 _aA project cost threshold must be determined in a relatively short time by a project owner as a reference for evaluating competitive bids. In practice, such a decision is mainly based on subjective experience. This work presents a novel systematic procedure for assessing a reasonable project cost threshold. The proposed procedure involves a utility-based multi-criteria evaluation model and a cost model. The multi-criteria evaluation model is applied to accurately reflect an owner's preferences in relation to the decision criteria, as the cost model is derived to generate a cumulative cost distribution to set boundaries on the cost threshold. The proposed cost model potentially saves the computer time and coding effort that required by a simulation-based model
773 0 8 _tInternational Journal of Project Management
_g22, 2, p. 99-108
_dNijkerk : Elsevier, 2004
_xISSN 0263-7863
_w
942 _cS
998 _a20051221
_b1711^b
_cAnaluiza
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c14487
_d14487
041 _aeng