Construction Project Cost Management Mode Based on Artificial Intelligence Technology

The construction project cost management based on BIM will be one of the effective ways to improve the efficiency and profits of construction industry. In order to establish Chinas construction project cost management mode and develop strategies based on BIM, a construction project information management mode based on BIM and cost information integration system are presented. Two strategies on project cost management based on BIM technology are given. The results may be helpful to improve cost management level in construction industry.

Download Full-text

Construction engineering cost estimation based on artificial intelligence technology

Journal of Intelligent & Fuzzy Systems ◽

10.3233/jifs-219107 ◽

2021 ◽

pp. 1-9

Author(s):

Weiying Wu ◽

Hui Huang

Keyword(s):

Artificial Intelligence ◽

Genetic Algorithm ◽

Cost Estimation ◽

Construction Project ◽

Basic Function ◽

Project Cost ◽

Rbf Network ◽

Artificial Intelligence Technology ◽

Construction Project Cost ◽

Engineering Cost

The determination of construction project cost is one of the important contents of construction project management, but the estimation of construction project cost generally has the disadvantages of large errors and long preparation time. With the continuous development of computer science, artificial intelligence theory is one of the hot research topics. The purpose of this article is to study the construction cost estimation based on artificial intelligence technology. Based on the theoretical basis of artificial neural network, genetic algorithm, and engineering cost, this paper proposes an optimized radial basic function (RBF) model based on genetic algorithm (GA). The search feature combines the width, center, and hidden layer weights of the RBF network with genetic algorithms to self-correct, thereby greatly improving the accuracy of the model calculation results. In this paper, according to the model’s error (actual output-expected output), the four test samples were tested separately, and the error values obtained were 0.0125, 0.1009, –0.0791, and 0.0514. This shows the accuracy of the experimental results of the model [R] higher.

Download Full-text

Optimization of Construction Project Cost Management Based on the Smart Construction Theory

ICCREM 2015 ◽

10.1061/9780784479377.074 ◽

2015 ◽

Author(s):

Yudi Wu ◽

Yaowu Wang

Keyword(s):

Cost Management ◽

Construction Project ◽

Project Cost ◽

Construction Project Cost

Download Full-text

Analysis on the Problems and Measures to the Construction Project Cost Management

Advanced Materials Research ◽

10.4028/www.scientific.net/amr.971-973.2458 ◽

2014 ◽

Vol 971-973 ◽

pp. 2458-2461

Author(s):

Zhao Xia Ma ◽

Guang Cai Yan

Keyword(s):

Cost Management ◽

Construction Project ◽

Project Cost ◽

Technology Application ◽

The People ◽

Management Concept ◽

Construction Project Cost ◽

Existent Problem ◽

The Cost ◽

Information Technology Application

To survive and prosper in a more competitive construction market nowadays, a company must strengthen the cost management of construction project. This paper expounds the present situation of the construction project cost management, existent problem in the process of the construction project cost management. Countermeasure analysis of perfecting the construction project cost management is discussed in respect to the management concept and method, information technology application, the people-oriented and sustainable concept of development.

Download Full-text