Utama, W P; Chan, A P C; Zahoor, H; Gao, R and Jumas, D Y (2019) Making decision toward overseas construction projects: An application based on adaptive neuro fuzzy system. Engineering, Construction and Architectural Management, 26(2), pp. 285-302. ISSN 0969-9988
Abstract
Purpose: The purpose of this paper is to introduce a decision support aid for deciding an overseas construction project (OCP) using an adaptive neuro fuzzy inference system (ANFIS). Design/methodology/approach: This study presents an ANFIS approach as a decision support aid for assessment of OCPs. The processing data were derived from 110 simulation cases of OCPs. In total, 21 international factors observed from a Delphi survey were determined as assessment variables to examine the cases. The experts were involved to evaluate and judge whether the company should Go or Not Go for an OCP, based on the different parameter scenarios given. To measure the performance of the ANFIS model, root mean square error (RMSE) and coefficient of correlation (R) were employed. Findings: The result shows that optimum ANFIS model indicating RMSE and R scores adequately near between 0 and 1, respectively, was obtained from parameter set of network algorithm with two input membership functions, Gaussian type of membership function and hybrid optimization method. When the model tested to nine real OCPs data, the result indicates 88.89 percent accurate. Research limitations/implications: The use of simulation cases as data set in development the model has several advantages. This technique can be replicated to generate other case scenarios which are not available publicly or limited in terms of quantity. Originality/value: This study evidences that the developed ANFIS model can predict the decision satisfactorily. Therefore, it can help companies' management to make preliminary assessment of an OCP.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | international construction; simulation |
| Index terms: | mean square error, evidence, construction project, methodology, decision support, fuzzy inference, international construction, Delphi survey |
| Subjects: | strategic management, evaluation and assessment methods, data collection methods, decision analysis, decision-making and optimization, research methods, production management, probability and distributions |
| Topics: | International Construction, Risk Management, Research Practice, Project Management |
| Descriptive scope: | 5 PCTEA |
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