Construction Prequalification Using Data Envelopment Analysis

Topics:
Construction Project Management
Tags:
Analysis,
Contractor,
Contractor Prequalification,
Human Resources,
Performance Management,
Productivity,
University Of Toronto,
Workforce Management
Source:
University of Toronto

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Overview: Contractor prequalification is essential in most construction projects, and the process has been performed by many different methods in practice. Data Envelopment Analysis (DEA) had been recognized as a useful technique to prequalify contractors by assigning relative efficiency scores. Data envelopment analysis, however, usually requires a large amount of data and has not been fully developed to achieve reliable results. An enhanced contractor prequalification model using DEA was developed together with a methodology for determining a "Practical frontier" of best contractors. The established practical frontier can be used as a regional performance standard for the owner in prequalification and as improvement guidelines for contractors.

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Format: PDF | Size: 311KB | Date: Jul 2006 | Pages: 11

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