Research Article

Individual, Group, and Organizational Factors Affecting Group Bidding Decisions for Construction Projects

Table 3

Ranking of the factors.

NumberFactorsMean valueRankNormalizationa

1Risk perception4.14511.00
2Risk preference3.82840.76
3Personal interest2.981190.13
4Number of group members3.577110.58
5Majority influence3.80350.74
6Taking expertise into account3.114170.23
7Communication3.79270.74
8Team decision preference4.03820.92
9Organizational learning2.807200.00
10Customer focus3.532130.54
11Creating change3.097180.22
12Core values3.76190.71
13Agreement3.80160.74
14Coordination and integration3.254160.33
15Vision3.434150.47
16Goals and objectives3.512140.53
17Strategic direction and intent.3.725100.69
18Empowerment3.89930.82
19Team orientation3.78780.73
20Capability development3.561120.56

aNormalized value = (mean − minimum mean)/(maximum mean − minimum mean).