Evaluating Alternatives in Construction Management

by Jeffrey S. Russell, Purdue Univ, United States,
Miros?aw J. Skibniewski, Purdue Univ, United States,
Timothy S. Killen, Purdue Univ, United States,
John H. Robinson, Purdue Univ, United States,



Document Type: Proceeding Paper

Part of: Utilization of Ocean Waves?Wave to Energy Conversion

Abstract:

Construction professionals (i.e., construction owners and contractors) are constantly faced with the task of evaluating alternatives related to managerial issues such as the amount of an employee's pay raise. In many instances, these evaluations are performed in an ill-structured and intuitive manner with considerable reliance on the individual's judgment. One decision analysis strategy applied to this class of engineering management problems, dimensional weighting, is described in this paper. Pertinent industry problems well-suited for application of such a decision approach are also outlined.

Subject Headings: Construction management | Management methods | Owners | Decision making | Contracts and subcontracts | Construction industry

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