Multi-Attribute Utility Theory for Selecting an Appropriate Procurement Method in the Construction Projects
The selection of an appropriate procurement method is becoming an increasingly important issue due to complex decision making that clients are facing early in the lifecycle of construction projects. The aim of this paper is to improve the procurement system in the construction industry by develo...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Penerbit Universiti Sains Malaysia
2017
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| Subjects: | |
| Online Access: | http://eprints.usm.my/41419/1/jcdc2017.22.1.5.pdf http://eprints.usm.my/41419/ http://web.usm.my/jcdc/vol22_1_2017/jcdc2017.22.1.5.pdf |
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| Summary: | The selection of an appropriate procurement method is becoming an increasingly
important issue due to complex decision making that clients are facing early in the lifecycle
of construction projects. The aim of this paper is to improve the procurement system in the
construction industry by developing a model using the multi-attribute utility theory (MAUT) as
a decision support system for the selection of an appropriate procurement method for
construction projects in the Gaza Strip. Factors that influence the selection of an appropriate
method for construction projects in the Gaza Strip are identified and the results indicate that
the most significant six factors influencing the selection of procurement methods in the Gaza
Strip construction projects are price competition, degree of project complexity, time
constraints of the project, project size, client financial capability and client experience in
procurement methods. The study concludes that there is no variety of procurement methods
used in the Gaza Strip construction industry, as a traditional procurement method is
preferred. This is because most professionals in the Gaza Strip are not familiar or experienced
with alternative procurement methods. A model was developed using the MAUT to select
the most appropriate procurement method. The MAUT as a decision support system was
successful in identifying the appropriate procurement method. |
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