Decision-making Bid or Not to Bid in Construction project – UAE

The definition of bidding in construction filed is the ability of the company to make offers or tenders for a job opportunity. The construction filed. Construction in the UAE accounts for 14% of the UAE's total GDP (Gross Domestic Product). The economy performance can be measured by GDP’s indic...

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التفاصيل البيبلوغرافية
المؤلف الرئيسي: Qannan, Issa (author)
منشور في: 2019
الموضوعات:
الوصول للمادة أونلاين:https://bspace.buid.ac.ae/handle/1234/1554
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author Qannan, Issa
author_facet Qannan, Issa
author_role author
dc.creator.none.fl_str_mv Qannan, Issa
dc.date.none.fl_str_mv 2019-06
2020-01-26T12:18:36Z
2020-01-26T12:18:36Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv https://bspace.buid.ac.ae/handle/1234/1554
dc.language.none.fl_str_mv en
dc.publisher.none.fl_str_mv The British University in Dubai (BUID)
dc.subject.none.fl_str_mv decision making
bidding process
bid factors
United Arab Emirates (UAE)
construction project
dc.title.none.fl_str_mv Decision-making Bid or Not to Bid in Construction project – UAE
dc.type.none.fl_str_mv Dissertation
description The definition of bidding in construction filed is the ability of the company to make offers or tenders for a job opportunity. The construction filed. Construction in the UAE accounts for 14% of the UAE's total GDP (Gross Domestic Product). The economy performance can be measured by GDP’s indicator. Growth in GDP it means strong economy and high standard of living. This strong relationship between the construction tenders and the country's GDP growth highlights the importance of improving the quality of decision making and bidding strategy in industry filed. This leaves no room for doubt that poor bidding practices contributes in ineffectiveness industry performance. Decision to bid or not to bid is crucial judgment to balance the benefit of the trade-off between the high probabilities to sign the contract and the cost of bidding preparation considering the factors influence the bidding process in order to enhance the organization performance and decision’s strategy. Decision to bid / no bid is linked with uncertainty which usually emerged from project feature with dynamic changed situation. Questioners were distributed to 100 Employees of construction companies from different departments, levels and domain such as engineering, top management, consultant, commercial operations, business operations. Sixty seven (67) participants were completed the survey and sent their response. Data have been analyzed by SPSS soft wear, descriptive analysis, Cronbach alpha test to validate the received feedback, correlation test to measure the relationship between identified organization factor and finally liner regression test to predict the changes on dependent variables (decision making bid / no bid) and to support the rejection of null hypotheses Hₒ and accept of alternative hypotheses. This study recommend to avoid rule of thumbs in bidding process and to build reputation and competent consultancy. Key Words: Bidding Process, Bidding decision, Bid / no Bid factors
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publisher.none.fl_str_mv The British University in Dubai (BUID)
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spelling Decision-making Bid or Not to Bid in Construction project – UAEQannan, Issadecision makingbidding processbid factorsUnited Arab Emirates (UAE)construction projectThe definition of bidding in construction filed is the ability of the company to make offers or tenders for a job opportunity. The construction filed. Construction in the UAE accounts for 14% of the UAE's total GDP (Gross Domestic Product). The economy performance can be measured by GDP’s indicator. Growth in GDP it means strong economy and high standard of living. This strong relationship between the construction tenders and the country's GDP growth highlights the importance of improving the quality of decision making and bidding strategy in industry filed. This leaves no room for doubt that poor bidding practices contributes in ineffectiveness industry performance. Decision to bid or not to bid is crucial judgment to balance the benefit of the trade-off between the high probabilities to sign the contract and the cost of bidding preparation considering the factors influence the bidding process in order to enhance the organization performance and decision’s strategy. Decision to bid / no bid is linked with uncertainty which usually emerged from project feature with dynamic changed situation. Questioners were distributed to 100 Employees of construction companies from different departments, levels and domain such as engineering, top management, consultant, commercial operations, business operations. Sixty seven (67) participants were completed the survey and sent their response. Data have been analyzed by SPSS soft wear, descriptive analysis, Cronbach alpha test to validate the received feedback, correlation test to measure the relationship between identified organization factor and finally liner regression test to predict the changes on dependent variables (decision making bid / no bid) and to support the rejection of null hypotheses Hₒ and accept of alternative hypotheses. This study recommend to avoid rule of thumbs in bidding process and to build reputation and competent consultancy. Key Words: Bidding Process, Bidding decision, Bid / no Bid factorsThe British University in Dubai (BUID)2020-01-26T12:18:36Z2020-01-26T12:18:36Z2019-06Dissertationapplication/pdfhttps://bspace.buid.ac.ae/handle/1234/1554enoai:bspace.buid.ac.ae:1234/15542021-09-20T11:59:59Z
spellingShingle Decision-making Bid or Not to Bid in Construction project – UAE
Qannan, Issa
decision making
bidding process
bid factors
United Arab Emirates (UAE)
construction project
title Decision-making Bid or Not to Bid in Construction project – UAE
title_full Decision-making Bid or Not to Bid in Construction project – UAE
title_fullStr Decision-making Bid or Not to Bid in Construction project – UAE
title_full_unstemmed Decision-making Bid or Not to Bid in Construction project – UAE
title_short Decision-making Bid or Not to Bid in Construction project – UAE
title_sort Decision-making Bid or Not to Bid in Construction project – UAE
topic decision making
bidding process
bid factors
United Arab Emirates (UAE)
construction project
url https://bspace.buid.ac.ae/handle/1234/1554