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Estimation of Costs and Durations of Construction of Urban Roads Using ANN and SVM
Joint Authors
Peško, Igor
Mučenski, Vladimir
Šešlija, Miloš
Radović, Nebojša
Vujkov, Aleksandra
Bibić, Dragana
Krklješ, Milena
Source
Issue
Vol. 2017, Issue 2017 (31 Dec. 2017), pp.1-13, 13 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2017-12-07
Country of Publication
Egypt
No. of Pages
13
Main Subjects
Abstract EN
Offer preparation has always been a specific part of a building process which has significant impact on company business.
Due to the fact that income greatly depends on offer’s precision and the balance between planned costs, both direct and overheads, and wished profit, it is necessary to prepare a precise offer within required time and available resources which are always insufficient.
The paper presents a research of precision that can be achieved while using artificial intelligence for estimation of cost and duration in construction projects.
Both artificial neural networks (ANNs) and support vector machines (SVM) are analysed and compared.
The best SVM has shown higher precision, when estimating costs, with mean absolute percentage error (MAPE) of 7.06% compared to the most precise ANNs which has achieved precision of 25.38%.
Estimation of works duration has proved to be more difficult.
The best MAPEs were 22.77% and 26.26% for SVM and ANN, respectively.
American Psychological Association (APA)
Peško, Igor& Mučenski, Vladimir& Šešlija, Miloš& Radović, Nebojša& Vujkov, Aleksandra& Bibić, Dragana…[et al.]. 2017. Estimation of Costs and Durations of Construction of Urban Roads Using ANN and SVM. Complexity،Vol. 2017, no. 2017, pp.1-13.
https://search.emarefa.net/detail/BIM-1142639
Modern Language Association (MLA)
Peško, Igor…[et al.]. Estimation of Costs and Durations of Construction of Urban Roads Using ANN and SVM. Complexity No. 2017 (2017), pp.1-13.
https://search.emarefa.net/detail/BIM-1142639
American Medical Association (AMA)
Peško, Igor& Mučenski, Vladimir& Šešlija, Miloš& Radović, Nebojša& Vujkov, Aleksandra& Bibić, Dragana…[et al.]. Estimation of Costs and Durations of Construction of Urban Roads Using ANN and SVM. Complexity. 2017. Vol. 2017, no. 2017, pp.1-13.
https://search.emarefa.net/detail/BIM-1142639
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1142639