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Risk Evaluation of Project Bidding Based on TOPSIS Model

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Application of Intelligent Systems in Multi-modal Information Analytics (MMIA 2020)

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 1233))

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Abstract

Bidding risk refers to the uncertainty in the bidding process, the risk evaluation of the project bidding stage is an important basis for enterprises to make bidding decisions. Based on the analysis of bidding risk of projects, this paper proposes a risk evaluation model for project bidding based on TOPSIS, and uses rough sets theory to determine index weights. The TOPSIS is mainly used in multi-objective decision-making and risk evaluation. The application of this model is beneficial to the risk evaluation and ranking of bidding projects, and provides a more scientific and accurate evaluation method for the bidding decision. The validity of the model is verified by an example. The research results show that Rough-TOPSIS is practical and adaptable to the risk evaluation of bidding for various projects.

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Acknowledgements

This work was supported by Ministry of Education’s Industry-University Cooperation and Education Project: Reform and Practice of “Teaching Content and Curriculum System of Electronic Bidding Training Course” Based on BIM (201802142020).

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Correspondence to Yiqiong Gao .

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Liu, W., Gao, Y., Yan, T., Cao, L. (2021). Risk Evaluation of Project Bidding Based on TOPSIS Model. In: Sugumaran, V., Xu, Z., Zhou, H. (eds) Application of Intelligent Systems in Multi-modal Information Analytics. MMIA 2020. Advances in Intelligent Systems and Computing, vol 1233. Springer, Cham. https://doi.org/10.1007/978-3-030-51431-0_23

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