Boussabaine, A H; Thomas, R and Elhag, T M S (1999) Modelling cost-flow forecasting for water pipeline projects using neural networks. Engineering, Construction and Architectural Management, 6(3), pp. 213-224. ISSN 0969-9988
Abstract
This paper furthers work that already exists in the use of artificial intelligence techniques to forecast cost flow for construction projects. The paper explains the need for cost-flow forecasting and investigates the methods currently used to perform such a task. It introduces neural networks as an alternative approach to the existing methods. The relationship between the number of nodes used and the accuracy of the neural network in modelling the cost flow is closely examined. From this research an optimal solution is proposed for the case and a prototype system is developed. The results of the investigation of the number of nodes used and testing of the prototype neural network for sample cases are presented and discussed.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | neural networks; cash-flow forecasting |
| Index terms: | investigation, pipeline construction, accuracy, neural network, testing, prototype, artificial intelligence, forecasting, construction project, modelling |
| Subjects: | artificial intelligence, data collection methods, professional practice, civil engineering, analytical methods, production management, modelling and simulation, professional development, prediction and forecasting |
| Topics: | Engineering Principles, Research Practice, Digital Applications, Project Management, Information Management |
| Descriptive scope: | 3 PCA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here