Lu, M (2002) Enhancing project evaluation and review technique simulation through artificial neural network-based input modeling. Journal of Construction Engineering and Management, 128(5), pp. 438-445. ISSN 0733-9364
Abstract
Although a stochastic simulation study can eliminate the merge event bias in the project evaluation and review technique (PERT), the errors due to calculating the statistical descriptors of beta distributions with the three-point time estimates of PERT may still make the simulation results suspect. In order to enhance PERT simulation in terms of input modeling, this paper presents an artificial neural network (ANN)-based approach to estimate the true properties of the beta distributions from statistical sampling of actual data combined with subjective information. The minimum and maximum values along with the lower and upper quartiles are four time estimates used to uniquely define a beta distribution. The effects of shape parameters of beta distributions are closely examined, and the working range of shape parameters is defined. To construct an ANN model, data are prepared using random sampling techniques and Excel functions. Through exploring the training data provided, the ANN model has found the patterns between the inputs and the outputs, namely, the interactions and nonlinear relationships among the lower and upper quartiles and the shape parameters of the beta distributions. The ANN model was tested, validated, and compared with other packages for fitting beta distributions such as BetaFit, VIBES, and BestFit. The developed ANN-based input modeling method attempts to embed artificial intelligence into simulation and finds a new way to fit statistical distributions for activity duration in construction simulation, as demonstrated in a sample application.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | artificial intelligence; neural networks; project management; sampling; simulation; statistics |
| Index terms: | package, sampling, statistics, modelling, estimate, interaction, duration, project management, artificial intelligence, project evaluation, construction simulation, neural network, artificial neural network, bias |
| Subjects: | data collection methods, mathematical modelling, value management, modelling and simulation, contractual arrangements, artificial intelligence, financial and cost management, analytical methods, project management theory and practice, probability and distributions, project controls, behavioral psychology |
| Topics: | Time Control, Digital Applications, Procurement, Project Management, Research Practice, Engineering Principles, Cost Management |
| Descriptive scope: | 4 PCEA |
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