Purpose – This paper aims to provide a solution that allows a contractor to present its maximum competitiveness in meeting the multiple objectives defined by a project client in bidding for a contract. Design/methodology/approach – By applying goal programming (GP) technique, this paper...

Purpose – To look into the current state of value management (VM) practice in China and reveal the challenges and opportunities to its future development. Design/methodology/approach – Copies of a questionnaire (2,000) were mailed to chief engineers in manufacturing companies (1,000) and...