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008 | 051221s2005 xx ||||gr |0|| 0 eng d | ||
100 | 1 |
_aWei-Chih Wang _922970 |
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245 | 1 | 0 | _aSupporting project cost threshold decisions via a mathematical cost model |
260 |
_aNijkerk : _bElsevier, _c2004 |
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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 |
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999 |
_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c14487 _d14487 |
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041 | _aeng |