A survey of the bidding practices of Canadian civil engineering construction contractors

1999 ◽  
Vol 26 (1) ◽  
pp. 13-25 ◽  
Author(s):  
Aminah Fayek ◽  
Indrani Ghoshal ◽  
Simaan AbouRizk
Keyword(s):  
Decision Making ◽  
Risk Analysis ◽  
Survey Methodology ◽  
Civil Engineering ◽  
Decision Making Process ◽  
Major Conclusion ◽  
Engineering Construction ◽  
Common Practices ◽  
A Company ◽  
Insight Into

This paper presents the findings of a survey of the bidding practices of Canadian civil engineering construction contractors. The results of the survey provide insight into the most important factors that contractors consider in making four bid decisions: the decision to bid, the risk allowance, the opportunity allowance, and the markup-size decision. The survey methodology is described to illustrate its effectiveness. Common practices in assessing risks and opportunities, the competition, and markup are discussed. A major conclusion of this paper is that the decision-making process used in bidding is largely subjective and based on experienced judgement. The assessment of the competition is done on an informal basis in most cases, with little use of historical competitor data. Risk and opportunity assessment is subjective and largely based on experience. Although the markup-size decision is critical to the success of a company in achieving its objectives and realizing a profit, markup setting is usually based on experience, with little or no formal methods of analysis.Key words: bidding, markup, risk analysis, surveys, tendering.

The implications of the decision in Helen Suzman Foundation v Judicial Service Commission 2018 (7) BCLR 763 (CC) 8 on the functioning of the South African Judicial Service Commission

2020 ◽  
Vol 24 ◽  
Author(s):  
Nomthandazo Ntlama
Keyword(s):  
South Africa ◽  
Decision Making ◽  
Human Rights ◽  
South African ◽  
Rule Of Law ◽  
Decision Making Process ◽  
Constitutional Court ◽  
Service Commission ◽  
Insight Into ◽  
Future Management

ABSTRACT The article examines the implications of the judgment of the Constitutional Court in Helen Suzman Foundation v Judicial Service Commission 2018 (7) BCLR 763 (CC) 8 on the functioning of the Judicial Service Commission (JSC). The judgment has brought to the fore a new lease of life relating to the JSC's post-interview deliberations as a disclosable record in terms of Rule 53(1)(b) of the Uniform Rules of Court. The disclosure seeks to provide an insight into the decision-making process of the JSC in the appointment of judicial officers in South Africa. It is argued that the judgment is two-pronged: first, the disclosure of the post-interview record enhances the culture of justification for decisions taken, which advances the foundational values of the new democratic dispensation; secondly, it creates uncertainty about the future management and protection of the JSC processes in the undertaking of robust debates on the post-interview deliberations. It then questions whether the JSC members will be privileged in their engagement with the suitability of the candidates to be recommended for appointment by the President. The question is raised against the uncertainty about which decision of the JSC will be challenged that will need the disclosure of the record because the judgment does not entail the national disclosure of the record in respect of each candidate but applies only when there is an application for review of the JSC decision. Key words: Judicial Service Commission, appointments, discretion, judiciary, independence, rule of law, discretion, accountability, transparency, human rights.

scholarly journals A LOGISTIC APPROACH FOR DESCRIPTION OF DECISION-MAKING PROCESS / SPRENDIMŲ PRIĖMIMO APRAŠYMAS LOGISTINIU POŽIŪRIU

Aviation ◽  
2011 ◽  
Vol 15 (1) ◽  
pp. 21-24 ◽  
Author(s):  
Mariya Grigorak ◽  
Olga Shkvar
Keyword(s):  
Decision Making ◽  
Customer Service ◽  
Human Factor ◽  
Decision Making Process ◽  
Strategic Decisions ◽  
Optimal Decisions ◽  
A Company

Managers must make strategic decisions to cope with issues of uncertainty, customer service and the management of a company. The objective of this paper is to analyse the problem of optimisation and search of rational logistic decisions, taking into account the human factor and, in particular, the preferences of people who make decisions and implement them during the logistic activity of an enterprise. The problem of making optimal decisions for transportation of goods, taking into account the factor of urgency was investigated. Santrauka Marketingo vadybininkai turi priimti strateginius sprendimus, kaip suvaldyti neaiškias situacijas, organizuoti darbą su klientais bei su įmonės vadovybe. Šio tyrimo tikslas yra problemos optimizavimo analizė bei racionalių logistinių sprendimų paieška, įvertinant subjektyvumą ir iš dalies—pirmenybės sistemą asmenims, kurie priima sprendimus ir užtikrina jųįvykdymą, įgyvendinant logistinęįmonės veiklą. Išanalizuotas optimalaus spendimo priėmimas gabenant krovinius, kai reikia įvertintį skubumo faktorių.

Who Will Be Next?

2013 ◽  
pp. 241-256
Author(s):  
Elena Khoury ◽  
Maria C. Khoury
Keyword(s):  
Decision Making ◽  
Family Business ◽  
Succession Planning ◽  
Second Generation ◽  
Stock Exchange ◽  
Business Students ◽  
Decision Makers ◽  
Decision Making Process ◽  
Small Family ◽  
A Company

This case is about a family business, Taybeh Brewing Company (TBC), with strategic and succession planning issues including the need to prepare the second generation of decision makers to take over. It covers the centralization of control and issues that arise when it is time for a founder of a company to relinquish control or share in the decision making process. It also deals with the lack of interest by the second generation to continue what others initiated as a family legacy. The business has been approached to become listed on the stock exchange, but the owners have not made a decision. By reading about the small family business, students can learn about business structure that is proper for a company’s future, the pitfalls of founder’s syndrome, and succession planning, which according to Muna and Khoury (2012) becomes imperative for the first and second generations to take seriously.

RESTRUTURAÇÃO ORÇAMENTÁRIA COMO ESTRATÉGIA DE DIMINUIÇÃO DA CARGA TRIBUTÁRIA E AUMENTO DE COMPETITIVIDADE DE UMA EMPRESA NO MERCADO

2021 ◽  
Vol 9 (205) ◽  
pp. 1-18
Author(s):  
Bruno Barbosa Rangel
Keyword(s):  
Decision Making ◽  
Cost Benefit ◽  
Corporate Restructuring ◽  
Decision Making Process ◽  
Bibliographic Reference ◽  
The Cost ◽  
A Company

This article aims to address the possibility of generating a decision-making process, especially about the use of corporate restructuring as a strategy to reduce the tax load by a company and to reposition itself in the market, to increase your level of competitiveness among yours competitors. Will be verified the main features of corporate restructuring operations: Transformation, incorporation, merger and split. Also, using a case exemple it will verified the possibility of a company divide yours activities adopting the split strategy, accourding to the taxes planning’s principles, analyzing the cost-benefit ration of corporate reoganization, concluding to what extent should invest in this strategy, observing the previous moment before the separation, considering the used bibliographic reference.

scholarly journals Environmental Justice in India: The National Green Tribunal and Expert Members

2015 ◽  
Vol 5 (1) ◽  
pp. 175-205 ◽  
Author(s):  
Gitanjali Nain Gill
Keyword(s):  
Decision Making ◽  
Environmental Justice ◽  
Decision Makers ◽  
Decision Making Process ◽  
Environmental Disputes ◽  
Scientific Experts ◽  
Decision Making Processes ◽  
Technical Expert ◽  
Insight Into

AbstractThis article argues that the involvement of technical experts in decision making promotes better environmental results while simultaneously recognizing the uncertainty in science. India’s record as a progressive jurisdiction in environmental matters through its proactive judiciary is internationally recognized. The neoteric National Green Tribunal of India (NGT) – officially described as a ‘specialised body equipped with necessary expertise to handle environmental disputes involving multi-disciplinary issues’ – is a forum which offers greater plurality for environmental justice. The NGT, in exercising wide powers, is staffed by judicial and technical expert members who decide cases in an open forum. The experts are ‘central’, rather than ‘marginal’, to the NGT’s decision-making process.This article draws on theoretical insights developed by Lorna Schrefler and Peter Haas to analyze the role of scientific experts as decision makers within the NGT. Unprecedented interview access provides data that grants an insight into the internal decision-making processes of the five benches of the NGT. Reported cases, supported by additional comments of bench members, illustrate the wider policy impact of scientific knowledge and its contribution to the NGT’s decision-making process.

Utilization of Risk Analysis Methods in Decision-Making Process on Fitness of Rehabilitation

2014 ◽  
Vol 899 ◽  
pp. 568-571 ◽  
Author(s):  
Karel Kubečka ◽  
Pavel Vlček ◽  
Darja Kubečková ◽  
Daniel Pieszka
Keyword(s):  
Risk Assessment ◽  
Decision Making ◽  
Risk Analysis ◽  
Feasibility Study ◽  
Claim Amount ◽  
Decision Making Process ◽  
Analysis Methods

The paper reflects the possibility of utilization of methods and proceedings used in risk assessment for area different from nowadays usage. Risk determination is customary for large and significant constructions within the feasibility study. Used procedures and methods can be applied very well in some cases of experts and authorized proceedings, such as setting the sequence of buildings acceptable for reconstruction of objects in defined group, or setting the coefficient for specification of claim amount arisen in the construction in the case of time-independent price.

scholarly journals Through Liquid Democracy to Sustainable Non-Bureaucratic Government

2014 ◽  
Vol 6 (2) ◽  
pp. 216-230 ◽  
Author(s):  
Alois Paulin
Keyword(s):  
Decision Making ◽  
Self Management ◽  
Decision Making Process ◽  
Recent Developments ◽  
Liquid Democracy ◽  
History Of ◽  
Self Service ◽  
Blank Slate ◽  
Collaborative Decision ◽  
Insight Into

We summarize the concept of Self-Service Government (ss-Gov) as presented earlier and explore how the principles of Liquid Democracy (LD) can be applied in ss-Gov for collaborative decision making. We provide a thorough insight into the history of LD and summarize its recent developments. By combining ss-Gov and LD, we develop the concept of Sustainable, Non-Bureaucratic Government (SNBG) as a novel, blank-slate approach to government of eligibilities within- and towards governmental systems. We argue that such entanglement of LD with ss-Gov results in a closed-circuit system that can provide end-to-end self-management of jural relations. Thus, we argue, SNBG is a vision concept capable to enable morphable self-managed government which requires virtually no mediatory human agents for government. We discuss the feasibility of such approach based on a Gedankenexperiment featuring a modern parliamentary decision-making process.

Bi-Objective Two-Stage Decision-Making Process for Service Marketing

2012 ◽  
Vol 3 (3) ◽  
pp. 24-39 ◽  
Author(s):  
Hamed Fazlollahtabar ◽  
Ermia Aghasi ◽  
Peter Forte
Keyword(s):  
Decision Making ◽  
Service Marketing ◽  
Decision Making Process ◽  
Two Stage ◽  
Objective Model ◽  
Marketing Team ◽  
Satisfaction Measures ◽  
Hierarchy Process ◽  
A Company

The authors propose a bi-objective two-stage decision-making process to help the marketing team of a company to determine which services make more profit. The decision is based on customer satisfaction measures which are related to the different company services. Thus, they constitute a multi-criteria assessment of the company’s performances. The first stage of the authors’ proposed process is to evaluate the services with respect to certain criteria using a stochastic multi-criteria acceptability analysis. Then, a bi-objective mathematical model is utilized to determine which services are more profitable. An analytical hierarchy process is applied to aggregate the bi-objective model. The applicability and validity of the proposed process is illustrated in a case study.

Tax Issues in Restructuring

2017 ◽  
Author(s):  
Christopher Mallon ◽  
Shai Y. Waisman ◽  
Ray C. Schrock
Keyword(s):  
Decision Making ◽  
Decision Making Process ◽  
Tax Cost ◽  
The Us ◽  
Advance Planning ◽  
Tax Benefits ◽  
Tax Payments ◽  
Deferred Tax ◽  
A Company

A company engaged in the modification or restructuring of its debt, or simply the buying back of its debt, should carefully consider the tax implications. In some cases, even what seems like an innocuous action (as in the case of the US tax rules relating to modifications of debt) may have significant tax implications. In other cases, advance planning may yield more efficient structures, or otherwise ensure that taxes are properly factored into the decision-making process. Depending on the situation, the tax cost can take the form of current or deferred tax payments, the reduction or elimination of the company’s valuable tax benefits (such as net operating losses or tax basis), or other limitations on the company’s use of such tax benefits.

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