Earned value management and neural network to estimate cost of project in Jordan
Other Title(s)
إدارة القيمة المكتسبة و الشبكة العصبية لتقدير التكلفة النهائية للمشروع في الأردن
Dissertant
Thesis advisor
University
Isra University
Faculty
Faculty of Engineering
Department
Engineering Project Management
University Country
Jordan
Degree
Master
Degree Date
2022
English Abstract
The completion of projects within the limits of the planned cost is an important component of projects management.
Therefore, estimating the cost at completion of projects is a difficult task, Nevertheless the developed of technological tools will enable the planner to better understand the cost estimation processes in the various stages of construction projects.
The objective of this study is to improve the predictive performance of earned value management by developing a model to estimate the cost at completion of construction projects using artificial neural network technology.
In this research, two techniques were used to estimate the cost at completion of construction projects, the first technique is multiple linear regression, and the second technique is artificial neural networks.
The Bus Rapid Transit project in Amman was chosen to apply the research problem as a case study.
The data of the project consisted of eight packages, which included (207) monthly follow-up reports were collected.
The three basic values of the earned value management (PV, AC, and EV) were used as inputs to the models to estimate the cost at completion (EAC).
The results showed that the ANN technique is better than the MLR technique for estimation cost at the completion of the construction projects based on the mean absolute percentage error and average accuracy rate, which was equal to 5.93%, and 94.07% respectively for the ANN model, and in MLR model equal to 31.61%, and 68.39% respectively.
These results indicate that the ANN technique should be used in estimation cost at completion of the construction projects, as it saves a lot of effort and time for decision-makers and project managers to take the appropriate decision.
Main Subjects
No. of Pages
116
Table of Contents
Table of contents.
Abstract.
Abstract in Arabic.
Chapter One : Introduction.
Chapter Two : Literature review.
Chapter Three : Methodology.
Chapter Four : Results.
Chapter Five : Conclusions and discussion.
References.
American Psychological Association (APA)
Abu Haswah, Sharihan Muhammad. (2022). Earned value management and neural network to estimate cost of project in Jordan. (Master's theses Theses and Dissertations Master). Isra University, Jordan
https://search.emarefa.net/detail/BIM-1428961
Modern Language Association (MLA)
Abu Haswah, Sharihan Muhammad. Earned value management and neural network to estimate cost of project in Jordan. (Master's theses Theses and Dissertations Master). Isra University. (2022).
https://search.emarefa.net/detail/BIM-1428961
American Medical Association (AMA)
Abu Haswah, Sharihan Muhammad. (2022). Earned value management and neural network to estimate cost of project in Jordan. (Master's theses Theses and Dissertations Master). Isra University, Jordan
https://search.emarefa.net/detail/BIM-1428961
Language
English
Data Type
Arab Theses
Record ID
BIM-1428961
