Computational Experiment Study on Selection Mechanism of Project Delivery Method Based on Complex Factors

Xiang Ding, Zhaohan Sheng, Jianguo Du and Qian Li

Mathematical Problems in Engineering, 2014, vol. 2014, 1-8

Abstract:

Project delivery planning is a key stage used by the project owner (or project investor) for organizing design, construction, and other operations in a construction project. The main task in this stage is to select an appropriate project delivery method. In order to analyze different factors affecting the PDM selection, this paper establishes a multiagent model mainly to show how project complexity, governance strength, and market environment affect the project owner’s decision on PDM. Experiment results show that project owner usually choose Design-Build method when the project is very complex within a certain range. Besides, this paper points out that Design-Build method will be the prior choice when the potential contractors develop quickly. This paper provides the owners with methods and suggestions in terms of showing how the factors affect PDM selection, and it may improve the project performance.

Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnlmpe:701652

DOI: 10.1155/2014/701652

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