Equipment Procurement Bidding Evaluation Method Based on PPM

Abstract

It is the vital significance to ensure competitive procurement bidding success which constructing the bidding evaluation index and selecting the scientific evaluation method. The Projection Pursuit Method (PPM) transforms the operational effectiveness index of equipment procurement bidding into one-dimensional projection value, gets the weight of each main factors index, constructs the evaluation model for the equipment procurement bidding evaluation, gets the evaluation rank of the alternative programme sample, and evaluates the example of the equipment procurement bid. The results show that PPM is the scientific method for competitive procurement bidding evaluation.