Classifying the Level of Bid Price Volatility Based on Machine Learning with Parameters from Bid Documents as Risk Factors

Classifying the Level of Bid Price Volatility Based on Machine Learning with Parameters from Bid Documents as Risk Factors

The purpose of this study is to classify the bid price volatility level with machine learning and parameters from bid documents as risk factors. To this end, we studied project-oriented risk factors affecting the bid price and pre-bid clarification document as the uncertainty of bid documents throug...

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Bibliographic Details
Main Authors: YeEun Jang, JeongWook Son, June-Seong Yi
Format: Article
Language:English
Published: MDPI AG 2021-04-01
Series:Sustainability
Subjects:
risk management
risk analysis
bid price volatility
uncertainty in bid documents
pre-bid clarification document
machine learning (ML), classification model
Online Access:https://www.mdpi.com/2071-1050/13/7/3886

Internet

https://www.mdpi.com/2071-1050/13/7/3886

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