A Framework of Optimization Model for Decision Makers on Super-Project Management

Cheng-Ping Lin; Tsunemi Watanabe; Tsuneaki Yoshida; Masahiko Kunishima

doi:10.2208/procm.5.123

A Framework of Optimization Model for Decision Makers on Super-Project Management

Cheng-Ping Lin^*, Tsunemi Watanabe, Tsuneaki Yoshida, Masahiko Kunishima

^*Corresponding author for this work

Research output: Contribution to journal › Article › Research › peer-review

Abstract

Super-projects are built by investing large amounts of money, time and manpower. These irreversible projects have a profound impact on the market price and are very difficult to manage because the definition of objectives by decision makers at each level of the super-project is so different. In this paper, the author tries to develop an optimization model which is based on cost-benefit-analysis and risk-analysis for super-project decision makers on procurement management with due consideration of the hierarchical organization of the construction industry.

Original language	English
Pages (from-to)	123-132
Number of pages	10
Journal	Journal of construction Management, JSCE
Volume	5
DOIs	https://doi.org/10.2208/procm.5.123
Publication status	Published - 1997
Externally published	Yes

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title = "A Framework of Optimization Model for Decision Makers on Super-Project Management",

abstract = "Super-projects are built by investing large amounts of money, time and manpower. These irreversible projects have a profound impact on the market price and are very difficult to manage because the definition of objectives by decision makers at each level of the super-project is so different. In this paper, the author tries to develop an optimization model which is based on cost-benefit-analysis and risk-analysis for super-project decision makers on procurement management with due consideration of the hierarchical organization of the construction industry.",

author = "Cheng-Ping Lin and Tsunemi Watanabe and Tsuneaki Yoshida and Masahiko Kunishima",

year = "1997",

doi = "10.2208/procm.5.123",

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AU - Lin, Cheng-Ping

AU - Watanabe, Tsunemi

AU - Yoshida, Tsuneaki

AU - Kunishima, Masahiko

PY - 1997

Y1 - 1997

N2 - Super-projects are built by investing large amounts of money, time and manpower. These irreversible projects have a profound impact on the market price and are very difficult to manage because the definition of objectives by decision makers at each level of the super-project is so different. In this paper, the author tries to develop an optimization model which is based on cost-benefit-analysis and risk-analysis for super-project decision makers on procurement management with due consideration of the hierarchical organization of the construction industry.

AB - Super-projects are built by investing large amounts of money, time and manpower. These irreversible projects have a profound impact on the market price and are very difficult to manage because the definition of objectives by decision makers at each level of the super-project is so different. In this paper, the author tries to develop an optimization model which is based on cost-benefit-analysis and risk-analysis for super-project decision makers on procurement management with due consideration of the hierarchical organization of the construction industry.

U2 - 10.2208/procm.5.123

DO - 10.2208/procm.5.123

M3 - Article

SN - 1884-8311

VL - 5

SP - 123

EP - 132

JO - Journal of construction Management, JSCE

JF - Journal of construction Management, JSCE

ER -

A Framework of Optimization Model for Decision Makers on Super-Project Management

Abstract

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