Tender Evaluation by Visual Decision Support System

Abstract

The process of evaluating tenders is a multi-criteria decision making process in which project performance is influenced by cost, time and quality. It involves a wide range of criteria, which are not only quantitative but can also be defined qualitatively. The present paper deals with visual decision support system, which can consider such criteria to evaluate the tenders. With the help of the proposed decision support method, the uncertainty of criteria can be reduced. By using two case studies the tender evaluation is then fully investigated using Visual decision support system approach.