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Complexity
Volume 2018, Article ID 8705134, 14 pages
https://doi.org/10.1155/2018/8705134
Research Article

Methods Dealing with Complexity in Selecting Joint Venture Contractors for Large-Scale Infrastructure Projects

1School of Management and Engineering, Nanjing University, Nanjing 210093, China
2School of Built Environment, Curtin University, Perth, WA 6102, Australia
3Department of Housing and Interior Design, Kyung Hee University, Seoul 130701, Republic of Korea

Correspondence should be addressed to Ru Liang; moc.361@421gnailr

Received 17 July 2017; Accepted 19 November 2017; Published 3 January 2018

Academic Editor: Daniela Paolotti

Copyright © 2018 Ru Liang et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract

The magnitude of business dynamics has increased rapidly due to increased complexity, uncertainty, and risk of large-scale infrastructure projects. This fact made it increasingly tough to “go alone” into a contractor. As a consequence, joint venture contractors with diverse strengths and weaknesses cooperatively bid for bidding. Understanding project complexity and making decision on the optimal joint venture contractor is challenging. This paper is to study how to select joint venture contractors for undertaking large-scale infrastructure projects based on a multiattribute mathematical model. Two different methods are developed to solve the problem. One is based on ideal points and the other one is based on balanced ideal advantages. Both of the two methods consider individual difference in expert judgment and contractor attributes. A case study of Hong Kong-Zhuhai-Macao-Bridge (HZMB) project in China is used to demonstrate how to apply these two methods and their advantages.