Fuzzy procurement selection model for construction projects
Caroline T. W. Chan
Construction Management and Economics, 2007, vol. 25, issue 6, 611-618
Abstract:
Recent developments in procurement selection systems are reviewed and this reveals contradiction and conflict with previous work. A mathematical rank model called fuzzy procurement selection model (FPSM) is proposed to adapt to local circumstances. FPSM can be modified according to local conditions or requirements and the modification methods are well documented in previous work. The proposed model overcomes the continual arguments on establishing a set of universal criteria on procurement selection systems and provides a useful tool to cope with different project/client's requirements.
Keywords: Procurement; selection criteria; fuzzy logic (search for similar items in EconPapers)
Date: 2007
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DOI: 10.1080/01446190701209933
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