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Adeli, H and Wu, M (1998) Regularization Neural Network for Construction Cost Estimation. Journal of Construction Engineering and Management, 124(01), 18–24.

  • Type: Journal Article
  • Keywords:
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)0733-9364(1998)124:1(18)
  • Abstract:
    Estimation of the cost of a construction project is an important task in the management of construction projects. The quality of construction management depends on accurate estimation of the construction cost. Highway construction costs are very noisy and the noise is the result of many unpredictable factors. In this paper, a regularization neural network is formulated and a neural network architecture is presented for estimation of the cost of construction projects. The model is applied to estimate the cost of reinforced-concrete pavements as an example. The new computational model is based on a solid mathematical foundation making the cost estimation consistently more reliable and predictable. Further, the result of estimation from the regularization neural network depends only on the training examples. It does not depend on the architecture of the neural network, the learning parameters, and the number of iterations required for training the system. Moreover, the problem of noise in the data is taken into account in a rational manner.

Ballard, G and Howell, G (1998) Shielding Production: Essential Step in Production Control. Journal of Construction Engineering and Management, 124(01), 11–17.

Fayek, A (1998) Competitive Bidding Strategy Model and Software System for Bid Preparation. Journal of Construction Engineering and Management, 124(01), 1–10.

Hinze, J, Pedersen, C and Fredley, J (1998) Identifying Root Causes of Construction Injuries. Journal of Construction Engineering and Management, 124(01), 67–71.

Minato, T and Ashley, D B (1998) Data-Driven Analysis of “Corporate Risk” Using Historical Cost-Control Data. Journal of Construction Engineering and Management, 124(01), 42–47.

Ohrn, L G and Schexnayder, C (1998) Performance-Related Specifications for Highway Construction. Journal of Construction Engineering and Management, 124(01), 25–30.

Saad, I M H and Hancher, D E (1998) Multimedia for Construction Project Management: Project Navigator. Journal of Construction Engineering and Management, 124(01), 82–89.

Senior, B A and Halpin, D W (1998) Simplified Simulation System for Construction Projects. Journal of Construction Engineering and Management, 124(01), 72–81.

Sinfield, J V and Einstein, H H (1998) Tunnel Construction Costs for Tube Transportation Systems. Journal of Construction Engineering and Management, 124(01), 48–57.

Thomas, S R, Tucker, R L and Kelly, W R (1998) Critical Communications Variables. Journal of Construction Engineering and Management, 124(01), 58–66.

Warszawski, A and Navon, R (1998) Implementation of Robotics in Building: Current Status and Future Prospects. Journal of Construction Engineering and Management, 124(01), 31–41.