標題: SIM-UTILITY: Model for project ceiling price determination
作者: Wang, WC
土木工程學系
Department of Civil Engineering
關鍵字: project management;cost estimates;bids;pricing;utility theory
公開日期: 1-一月-2002
摘要: Before considering bids submitted by competing contractors for a public procurement project, the owner should determine a project ceiling price or cost estimate to use as a reference point for evaluating the bids. A high ceiling price conflicts with the owner's interests in minimizing costs. Meanwhile, a low ceiling price can jeopardize the project if all bids exceed the ceiling price. This paper proposes a model for determining a reasonable project ceiling price. The model, called SIM-UTILITY, is based on a utility theory and facilitated by a cost simulation approach. The utility theory is applied to reflect the owner's preferences regarding the determination criteria, while the simulation approach is used to generate more objective project cost data to support execution of the utility theory. The advantages of SIM-UTILITY are proven by its successful application to three construction projects in Taiwan. A computerized SIM-UTILITY is expected to be broadly applicable to public construction projects in Taiwan.
URI: http://dx.doi.org/10.1061/(ASCE)0733-9364(2002)128:1(76)
http://hdl.handle.net/11536/29130
ISSN: 0733-9364
DOI: 10.1061/(ASCE)0733-9364(2002)128:1(76)
期刊: JOURNAL OF CONSTRUCTION ENGINEERING AND MANAGEMENT-ASCE
Volume: 128
Issue: 1
起始頁: 76
結束頁: 84
顯示於類別:期刊論文


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