Mathematical_relationships_between_scoring_paramet.pdf (1.09 MB)
Mathematical relationships between scoring parameters in capped tendering
journal contribution
posted on 2018-05-01, 08:36 authored by Pablo Ballesteros-Perez, M. Carmen Gonzalez-Cruz, Antonio Canavate-GrimalMathematical relationships between Scoring Parameters can be used in Economic Scoring Formulas (ESF) in tendering to distribute the score among bidders in the economic part of a proposal.Each contracting authority must set an ESF when publishing tender specifications and the strategy of each bidder will differ depending on the ESF selected and the weight of the overall proposal scoring.This paper introduces the various mathematical relationships and density distributions that describe and inter-relate not only the main Scoring Parameters but the main Forecasting Parameters in any capped tender (those whose price is upper-limited).Forecasting Parameters, as variables that can be known in advance before the deadline of a tender is reached, together with Scoring Parameters constitute the basis of a future Bid Tender Forecasting Model. © 2012 Elsevier Ltd. APM and IPMA.
Funding
The translation of this paper was funded by the Universidad Politécnica de Valencia
History
School
- Architecture, Building and Civil Engineering
Published in
International Journal of Project ManagementVolume
30Issue
7Pages
850 - 862Citation
BALLESTEROS-PEREZ, P., GONZALEZ-CRUZ, M.C. and CANAVATE-GRIMAL, A., 2012. Mathematical relationships between scoring parameters in capped tendering. International Journal of Project Management, 30(7), pp. 850-862.Publisher
© Elsevier Ltd. APM and IPMAVersion
- AM (Accepted Manuscript)
Publisher statement
This work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) licence. Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/Publication date
2012Notes
This paper was accepted for publication in the journal International Journal of Project Management and the definitive published version is available at https://doi.org/10.1016/j.ijproman.2012.01.008ISSN
0263-7863Publisher version
Language
- en