Cumincad : CUMINCAD Papers : Paper 8cb8:An accelerated subcontracting and procuring model for construction projects

authors	H. Ping Tserng, Pao H. Lin
year	2002
title	An accelerated subcontracting and procuring model for construction projects
source	Automation in Construction 11 (1) (2002) pp. 105-125
summary	Considering the characteristics of highly specialized corporation in the construction industry, it's crucial to select appropriate subcontractors to implement specific subprojects. In this research, the overall subcontracting supply chain of a construction project is considered as a global procurement system and an optimal combination of subcontractors can be obtained within this system. Combining the quick response mechanism of information technology with portfolio theory in financial management, an integrated XML (eXtensible Markup Language) of Accelerated Subcontracting And Procuring (ASAP) model was proposed. The ultimate goal of this study is not only to develop a web-based decision support system for general contractors to accurately decide an appropriate trade-off between risk and profit for different combinations of subcontractors, but to take the subcontracting and procuring process into re-engineering through omnipresent Internet. Author Keywords: Procurement; Subcontracting;
series	journal paper
more	http://www.elsevier.com/locate/autcon
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last changed	2003/05/15 21:22

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