Doctoral Dissertations
Keywords and Phrases
Construction Bidding; Game Theory; Graph Theory; Infrastructure; Machine Learning
Abstract
"Construction and infrastructure bidding is a highly competitive process that entails various uncertainties faced by contractors. Contractors weigh various factors to determine the expected benefits of a construction project and decide their bid value. However, the situation is more complex in multi-stage bidding (MSG), where general contractors must account for the bids of their subcontractors and face a greater threat of the winner’s curse (i.e., situation where the winning contractor underestimates the actual cost of the project). As such, bidding-related complexities, risks, and uncertainties, if uncontrolled, can lead to the rise of claims and disputes between stakeholders. Existing research falls short on the aforementioned bidding-related issues. As such, the goal of this research is to improve decision-making processes in construction and infrastructure bidding with a focus on MSG. The associated four modules that tackle these issues using various approaches, including graph theory, game theory, and machine learning, are as follows: (1) Module 1: investigates the factors that impact the bidding decision-making processes and identifies areas of future research needs; (2) Module 2: derives a novel game-theoretic bid function to be utilized by general contractors to deal with the issue of the winner’s curse in MSG; (3) Module 3: creates a holistic framework that aids both general contractors and subcontractors in MSG to deal with the winner’s curse issue; and (4) Module 4: investigates the main causes related to the bidding stage, which lead to disputes in construction and infrastructure projects, and identifies the key associations among them. Collectively, this dissertation paves the way towards improved and practical bidding models and contributes to the knowledge and effectiveness of bidding practices in the construction and infrastructure industry" -- Abstract, p. iii
Advisor(s)
El-Adaway, Islam H.
Committee Member(s)
Showalter, W. Eric
Coatney, Kalyn
Fitch, Mark W.
Long, Suzanna, 1961-
Department(s)
Civil, Architectural and Environmental Engineering
Degree Name
Ph. D. in Civil Engineering
Publisher
Missouri University of Science and Technology
Publication Date
Summer 2024
Pagination
xv, 292 pages
Note about bibliography
Includes_bibliographical_references_(pages 261-291)
Rights
©2024 Muaz Osman Elzubeir Ahmed , All Rights Reserved
Document Type
Dissertation - Open Access
File Type
text
Language
English
Thesis Number
T 12418
Recommended Citation
Ahmed, Muaz Osman Elzubeir, "Improving Decision-Making Processes in Construction and Infrastructure Bidding: Qualitative and Quantitative Approaches Including Graph Theory, Game Theory, and Machine Learning" (2024). Doctoral Dissertations. 3317.
https://scholarsmine.mst.edu/doctoral_dissertations/3317