A Neural Network Model for Construction Projects Site Overhead Cost Estimating in Egypt
نویسندگان
چکیده
Estimating of the overhead costs of building construction projects is an important task in the management of these projects. The quality of construction management depends heavily on their accurate cost estimation. Construction costs prediction is a very difficult and sophisticated task especially when using manual calculation methods. This paper uses Artificial Neural Network (ANN) approach to develop a parametric cost-estimating model for site overhead cost in Egypt. Fifty-two actual real-life cases of building projects constructed in Egypt during the seven year period 2002-2009 were used as training materials. The neural network architecture is presented for the estimation of the site overhead costs as a percentage from the total project price.
منابع مشابه
A Neural Network Model Based on Support Vector Machine for Conceptual Cost Estimation in Construction Projects
Estimation of the conceptual costs in construction projects can be regarded as an important issue in feasibility studies. This estimation has a major impact on the success of construction projects. Indeed, this estimation supports the required information that can be employed in cost management and budgeting of these projects. The purpose of this paper is to introduce an intelligent model to im...
متن کاملForecasting the Cost of Water Using a Neural Network Method in the Municipality of Isfahan
Decision making on budgeting is one of the most important issues for executing managers. Budgeting is a major tool for planning and control of projects. In public and non-profit organizations and institutions, estimating the costs and revenues plays an important role in receiving credit and budgeting. In this regard, in the present paper the case of Isfahan municipality is considered. One of th...
متن کاملA New Architecture Based on Artificial Neural Network and PSO Algorithm for Estimating Software Development Effort
Software project management has always faced challenges that have often had a great impact on the outcome of projects in future. For this, Managers of software projects always seek solutions against challenges. The implementation of unguaranteed approaches or mere personal experiences by managers does not necessarily suffice for solving the problems. Therefore, the management area of software p...
متن کاملTime Prediction Using a Neuro-Fuzzy Model for Projects in the Construction Industry
This paper presents a prediction model based on a new neuro-fuzzy algorithm for estimating time in construction projects. The output of the proposed prediction model, which is employed based on a locally linear neuro-fuzzy (LLNF) model, is useful for assessing a project status at different time horizons. Being trained by a locally linear model tree (LOLIMOT) learning algorithm, the model is int...
متن کاملConstruction cost estimation of spherical storage tanks: artificial neural networks and hybrid regression—GA algorithms
One of the most important processes in the early stages of construction projects is to estimate the cost involved. This process involves a wide range of uncertainties, which make it a challenging task. Because of unknown issues, using the experience of the experts or looking for similar cases are the conventional methods to deal with cost estimation. The current study presents data-driven metho...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید
ثبت ناماگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید
ورودعنوان ژورنال:
- CoRR
دوره abs/1106.1570 شماره
صفحات -
تاریخ انتشار 2011