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Bayesian Markov Chain Monte Carlo Model for Determining Optimum Tender Price in Multifamily Housing Projects
Publisher: American Society of Civil Engineers
Abstract: This study presents a strategy model for determining the optimum tender price that reflects appropriate profit and risk contingencies in competitive tendering according to the Bayesian Markov Chain Monte Carlo (BMCMC) ...
Case Study on the Determination of Building Materials Using a Support Vector Machine
Publisher: American Society of Civil Engineers
Abstract: For any construction project to succeed, it is very important to select the materials accurately during the project’s initial stage. Trying to choose the best-performing materials is a crucial task for the successful ...
Contractor-Led Critical Design Management Factors in High-Rise Building Projects Involving Multinational Design Teams
Publisher: American Society of Civil Engineers
Abstract: High-rise building projects (HRPs) are comprised of various complex design elements. The involvement of a multinational design team increases design-related issues for contractors, which must be managed during the construction ...
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