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Alazzaz, F and Whyte, A (2015) Linking employee empowerment with productivity in off-site construction. Engineering, Construction and Architectural Management, 22(01), 21-37.

Chen, Y Q, Zhang, S J, Liu, L S and Hu, J (2015) Risk perception and propensity in bid/no-bid decision-making of construction projects. Engineering, Construction and Architectural Management, 22(01), 2-20.

  • Type: Journal Article
  • Keywords: risk perception; construction management; risk; bid/no-bid; experimental questionnaire; risk propensity
  • ISBN/ISSN:
  • URL: https://doi.org/10.1108/ECAM-01-2013-0011
  • Abstract:
    Purpose - Making the right bid/no-bid decision is critical to the success and development of construction contracting enterprises. Decision makers’ personal characteristics, such as risk perception and propensity, have great impact on bid/no-bid decisions, which is the major concern of this research. The purpose of this paper is to explore the relationship among decision makers’ risk perception, risk propensity, and their bid/no-bid decision making of construction projects, as well as the factors influencing the risk perception and propensity. Design/methodology/approach - In total, four hypotheses were proposed based on an extensive literature review. Experimental questionnaires were distributed to employees working in Chinese construction contracting enterprises with knowledge of construction bidding, and 134 valid questionnaires were obtained. Multivariate statistical analysis through SPSS 19.0 was used to analyze the acquired data. Findings - Data analysis shows that in the context of international construction contracting: risk perception has a negative influence on bid/no-bid decision making; while risk propensity produces a positive influence and the probability and magnitude of potential gain or loss both have significant impacts on risk perception, and the probability plays a more important role. Originality/value - This research studied the bid/no-bid decision making of construction projects from the new perspectives of risk perception and risk propensity of the decision makers.

Lingard, H, Saunders, L, Pirzadeh, P, Blismas, N, Kleiner, B and Wakefield, R (2015) The relationship between pre-construction decision-making and the effectiveness of risk control: Testing the time-safety influence curve. Engineering, Construction and Architectural Management, 22(01), 108-24.

Loosemore, M and Richard, J (2015) Valuing innovation in construction and infrastructure: Getting clients past a lowest price mentality. Engineering, Construction and Architectural Management, 22(01), 38-53.

Mokhtar, A N S, Wilkinson, S and Fassman, E (2015) Strategies for improving energy saving behaviour in commercial buildings in Malaysia. Engineering, Construction and Architectural Management, 22(01), 73-90.

Rostami, A, Sommerville, J, Wong, I L and Lee, C (2015) Risk management implementation in small and medium enterprises in the UK construction industry. Engineering, Construction and Architectural Management, 22(01), 91-107.

Yung, P and Rafferty, K (2015) Statutory adjudication in Western Australia: Adjudicators’ views. Engineering, Construction and Architectural Management, 22(01), 54-72.