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A Project Investment and Contractor Selection Decision Support System

A Project Investment and Contractor Selection Decision Support System

Regular price $124.04
  • ISBN-13: 9783639668841
  • Publisher: Scholars' Press
  • Release Date: Feb 09, 2015
  • Pages: 428 pages
  • Dimensions: 0.95 x 9.02 x 5.98 inches


A large-scale construction or infrastructure project is very complex and has highly dynamic and interdependent risks and uncertainties over its long-term project life. This leads to the increasing challenges for an accurate project investment analysis and a right contractor selection. An Investment and Contractor Selection Decision Support System: Private-Public Partnerships Infrastructure Project Procurement provides the framework and methods of risk assessment and decision analysis designed to overcome the challenges. It covers the following features: 1. It highlights the debates of public-private partnerships infrastructure project procurement; 2. It addresses the critical issues of cost and benefit analysis; 3. It provides a modeling and simulation approach and statistical analysis to evaluating the effect of risk interdependencies; 4. It provides a method to project investment analysis integrating non-financial with financial evaluations; 5. It provides a stochastic analysis-based decision-making approach for project contractor performance comparison and selection; 6. It provides a risk and resource allocation method for project contract design.

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