An overview of the delelopment of approaches to construction cost and price forcasting since the 1950’s is given. First, second and third generation models can be identified, but they all have shortcomings. This pape...An overview of the delelopment of approaches to construction cost and price forcasting since the 1950’s is given. First, second and third generation models can be identified, but they all have shortcomings. This paper puts forward a new model, fuzzy calculation model, based on lots of data of the finished proiects. Through actual application, it is proved that the model is accurate and quick in calcalation of construction.展开更多
Cost estimation has its proven importance as one of essential factors for project success. The aim of this research is to predict the early project cost using neural network. Early project cost represents a key compon...Cost estimation has its proven importance as one of essential factors for project success. The aim of this research is to predict the early project cost using neural network. Early project cost represents a key component in business unit decisions. The most important factors influencing on the parametric cost estimation in construction building projects in Gaza Strip were defined and investigated. A questionnaire survey and relative index ranking technique were used to conclude the most important factors. Fourteen most effective factors were identified. One hundred and six case studies from real executed construction project in Gaza Strip were collected for training and testing the model. The cases were prepared to be used in cost estimate neural networks model. Eighty percent of case studies were used to train and test the model. The remaining 20% was used for model verification. The results revealed the ability to the model to predict cost estimate to an acceptable degree of accuracy. The minimum squares error with 0.005 in training stage and 0.021 in testing stage were recorded.展开更多
After the completion of design, the construction project shall begin its implementation, which should be taken effective measures to strengthen the management of project cost and properly manage the funds to achieve t...After the completion of design, the construction project shall begin its implementation, which should be taken effective measures to strengthen the management of project cost and properly manage the funds to achieve the overall goal of the construction projects. Control of the project cost in the project implementation is mainly divided into bidding, contracting, construction and settlement. The following is the analysis and discussions of the author＇s experiences to the control of the project cost in the project implementation and the management measures.展开更多
In the design,construction and operation periods of the Three Gorges Project (TGP),great challenges have been met in different fields such as water resources and hydropower project construction,electromechanical equip...In the design,construction and operation periods of the Three Gorges Project (TGP),great challenges have been met in different fields such as water resources and hydropower project construction,electromechanical equipment manufacture and ecological environment protection.In view of the key techniques and difficulties in the construction period,scientific and technological breakthroughs have been made by the experts and scholars of various fields and a series of innovative achievements are gained,which make the scientific and technological levels in relevant fields improved.Some major innovative achievements in the construction and operation of TGP are enumerated,which are significant for the hydropower project construction and clean energy development in the future in China.展开更多
文摘An overview of the delelopment of approaches to construction cost and price forcasting since the 1950’s is given. First, second and third generation models can be identified, but they all have shortcomings. This paper puts forward a new model, fuzzy calculation model, based on lots of data of the finished proiects. Through actual application, it is proved that the model is accurate and quick in calcalation of construction.
文摘Cost estimation has its proven importance as one of essential factors for project success. The aim of this research is to predict the early project cost using neural network. Early project cost represents a key component in business unit decisions. The most important factors influencing on the parametric cost estimation in construction building projects in Gaza Strip were defined and investigated. A questionnaire survey and relative index ranking technique were used to conclude the most important factors. Fourteen most effective factors were identified. One hundred and six case studies from real executed construction project in Gaza Strip were collected for training and testing the model. The cases were prepared to be used in cost estimate neural networks model. Eighty percent of case studies were used to train and test the model. The remaining 20% was used for model verification. The results revealed the ability to the model to predict cost estimate to an acceptable degree of accuracy. The minimum squares error with 0.005 in training stage and 0.021 in testing stage were recorded.
文摘After the completion of design, the construction project shall begin its implementation, which should be taken effective measures to strengthen the management of project cost and properly manage the funds to achieve the overall goal of the construction projects. Control of the project cost in the project implementation is mainly divided into bidding, contracting, construction and settlement. The following is the analysis and discussions of the author＇s experiences to the control of the project cost in the project implementation and the management measures.
文摘In the design,construction and operation periods of the Three Gorges Project (TGP),great challenges have been met in different fields such as water resources and hydropower project construction,electromechanical equipment manufacture and ecological environment protection.In view of the key techniques and difficulties in the construction period,scientific and technological breakthroughs have been made by the experts and scholars of various fields and a series of innovative achievements are gained,which make the scientific and technological levels in relevant fields improved.Some major innovative achievements in the construction and operation of TGP are enumerated,which are significant for the hydropower project construction and clean energy development in the future in China.
