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    Review on bid or no bid decision factors

    Access Status
    Fulltext not available
    Authors
    Olatunji, Oluwole
    Date
    2016
    Type
    Conference Paper
    
    Metadata
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    Citation
    Olatunji, O. 2016. Review on bid or no bid decision factors, 40th Australasian Universities Building Education Association (AUBEA) Conference, pp. 767-775.
    Source Conference
    40th Australasian Universities Building Education Association (AUBEA) Conference
    ISBN
    978-1-921047-13-8
    School
    Department of Construction Management
    URI
    http://hdl.handle.net/20.500.11937/51596
    Collection
    • Curtin Research Publications
    Abstract

    Recent economic indicators globally tend to suggest cautious behaviours amongst businesses. There is a wealth of resources on bid or no bid decision in literature. However, as things are changing, extant models need some revamping if they are to keep pace with current economic conditions that are challenging our industry. The purpose of this review paper is to explore extant frameworks for developing bid or no bid decision models and to point out possible variables that future research studies can focus on. Such contributions are important: current economic conditions are affecting the various sectors of the construction industry differently. When the key decision factors are elicited, future research can further analyse them to point out the factors that support specific elements of the construction business space e.g. small, institutional, major and mega building construction; civil and resource engineering construction, and; specialist projects [such as space and terra projects].

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