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The application of entropy weight method in optimal evaluation of construction project bids

LI Wen-yua

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Abstract

On the basis of analysis of comprehensive evaluation methods for project bids, the entropy weight method was proposed for optimal evaluation of construction project bidding. After the discussion of bid evaluation indexes and entropy weight method, and through analysis of the results of the two methods, it was proved that the entropy weight method is more able to reflect the objective fact of things.

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What this paper is about

On the basis of analysis of comprehensive evaluation methods for project bids, the entropy weight method was proposed for optimal evaluation of construction project bidding. After the discussion of bid evaluation indexes and entropy weight method, and through analysis of the results of the two methods, it was proved that the entropy weight method is more able to reflect the objective fact of things.

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Available abstract

On the basis of analysis of comprehensive evaluation methods for project bids, the entropy weight method was proposed for optimal evaluation of construction project bidding. After the discussion of bid evaluation indexes and entropy weight method, and through analysis of the results of the two methods, it was proved that the entropy weight method is more able to reflect the objective fact of things.

Key concepts: Entropy (arrow of time), Bidding, Mathematics, Mathematical optimization, Computer science, Operations research, Economics, Thermodynamics

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