Analysis of Cost-Estimating Competencies Using Criticality Matrix and Factor Analysis

2012 ◽  
Vol 138 (11) ◽  
pp. 1270-1280 ◽  
Author(s):  
Anwar Alroomi ◽  
David Hyung Seok Jeong ◽  
Garold D. Oberlender
Keyword(s):  
Factor Analysis ◽  
Cost Estimating

scholarly journals An investigation into BIM-based detailed cost estimating and drivers to the adoption of BIM in quantity surveying practices

2019 ◽  
Vol 25 (1) ◽  
pp. 61-81 ◽  
Author(s):  
Solomon Olusola Babatunde ◽  
Srinath Perera ◽  
Damilola Ekundayo ◽  
Tolulope Esther Adeleye
Keyword(s):  
Factor Analysis ◽  
Essential Elements ◽  
Information Modeling ◽  
Monitoring And Control ◽  
Cost Estimating ◽  
Design Quality ◽  
Time Saving ◽  
Content Type ◽  
Consulting Firms ◽  
Quantity Surveying

Purpose Although studies have shown the relevance of building information modeling (BIM) in cost estimating process, efforts at investigating BIM based detailed cost estimating among professional quantity surveyors through quantitative approach are scanty. The purpose of this study is to identify and examine the usage of BIM-based detailed cost estimating software and assesses the drivers to BIM adoption within the Nigerian quantity surveying consulting firms. Design/methodology/approach A comprehensive literature review, pilot study and questionnaire survey were adopted. The survey targeted both the BIM users and non- BIM users’ quantity surveying consulting firms in Lagos, Nigeria. The data collected were analyzed using frequency, percentage, mean score, standard deviation, Mann–Whitney test and factor analysis. Findings The study found that 46.58 per cent of quantity surveying consulting firms are aware of BIM and have adopted it for detailed cost estimating, while 49.32 per cent of quantity surveying consulting firms are aware but have not adopted BIM-based detailed cost estimating, and 4.10 per cent of quantity surveying consulting firms are not aware at all. Also, the study identified various BIM-based detailed cost estimating software used in quantity surveying practices and found that Microsoft Excel is often used alongside 3D software, Autodesk QTO, Navisworks, Innovaya Composer and CostX are prevalent BIM software used for detailed cost estimating. In addition, the study identified 21 drivers to the adoption of BIM in quantity surveying practices. The result of factor analysis grouped the 21 identified drivers into five principal factors: improved whole lifecycle/design quality, enhanced decision and visualization, cost and time saving, marketing and support for quantity surveyor tasks and government and client pressure. Practical implications This study provides significant insight into the application of BIM to quantity surveying consulting practices, thereby enabling consultant quantity surveyors to make informed decisions to select BIM cost estimating software to suit their practices. Further, the study findings can be useful for individuals’, clients’ and contractors’ quantity surveyors to be fully aware of the opportunities BIM could bring in relation to their service delivery. Originality/value Accurate cost estimating, effective cost monitoring and control are essential elements to a construction project success. This study further emphasized the importance of BIM to quantity surveying practices, particularly in the area of the detailed cost estimating.

Early-stage cost estimation model for power generation project with limited historical data

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Jin Gang Lee ◽  
Hyun-Soo Lee ◽  
Moonseo Park ◽  
JoonOh Seo
Keyword(s):  
Factor Analysis ◽  
Cost Estimation ◽  
Construction Projects ◽  
Project Planning ◽  
Data Availability ◽  
Ensemble Modeling ◽  
Cost Estimating ◽  
Cost Estimates ◽  
Content Type ◽  
Project Data

PurposeReliable conceptual cost estimation of large-scale construction projects is critical for successful project planning and execution. For addressing the limited data availability in conceptual cost estimation, this study proposes an enhanced ANN-based cost estimating model that incorporates artificial neural networks, ensemble modeling and a factor analysis approach.Design/methodology/approachIn the ANN-based conceptual cost estimating model, the ensemble modeling component enhances training, and thus, improves its predictive accuracy and stability when project data quantity is low; and the factor analysis component finds the optimal input for an estimating model, rendering explanations of project data more descriptive.FindingsOn the basis of the results of experiments, it can be concluded that ensemble modeling and FAMD (Factor Analysis of Mixed Data) are both conjointly capable of improving the accuracy of conceptual cost estimates. The ANN model version combining bootstrap aggregation and FAMD improved estimation accuracy and reliability despite these very low project sample sizes.Research limitations/implicationsThe generalizability of the findings is hard to justify since it is difficult to collect cost data of construction projects comprehensively. But this difficulty means that our proposed approaches and findings can provide more accurate and stable conceptual cost forecasting in the early stages of project development.Originality/valueFrom the perspective of this research, previous uses of past-project data can be deemed to have underutilized that information, and this study has highlighted that — even when limited in quantity — past-project data can and should be utilized effectively in the generation of conceptual cost estimates.

Factor Analysis of Measures of Articulation, Language, Auditory Processing, Reading-Spelling, and Maxillofacial Structure

1977 ◽  
Vol 20 (2) ◽  
pp. 319-324
Author(s):  
Anita F. Johnson ◽  
Ralph L. Shelton ◽  
William B. Arndt ◽  
Montie L. Furr
Keyword(s):  
Factor Analysis ◽  
Clinical Judgment ◽  
Auditory Processing

This study was concerned with the correspondence between the classification of measures by clinical judgment and by factor analysis. Forty-six measures were selected to assess language, auditory processing, reading-spelling, maxillofacial structure, articulation, and other processes. These were applied to 98 misarticulating eight- and nine-year-old children. Factors derived from the analysis corresponded well with categories the measures were selected to represent.

Evidence-based subtypes in functional dyspepsia with confirmatory factor analysis: Psychosocial and physiopathological correlates

2001 ◽  
Vol 120 (5) ◽  
pp. A51-A52 ◽  
Author(s):  
B FISCHLER ◽  
J VANDENBERGHE ◽  
P PERSOONS ◽  
V GUCHT ◽  
D BROEKAERT ◽  
...  
Keyword(s):  
Factor Analysis ◽  
Confirmatory Factor Analysis ◽  
Functional Dyspepsia ◽  
Evidence Based ◽  
Confirmatory Factor

The French Version of the Revised Child Anxiety and Depression Scale (RCADS) in a Nonclinical Sample

2015 ◽  
Vol 74 (3) ◽  
pp. 119-127 ◽  
Author(s):  
Martine Bouvard ◽  
Anne Denis ◽  
Jean-Luc Roulin
Keyword(s):  
Factor Analysis ◽  
Anxiety Disorder ◽  
Confirmatory Factor Analysis ◽  
Generalized Anxiety Disorder ◽  
Child Anxiety ◽  
Depression Scale ◽  
Anxiety And Depression ◽  
Generalized Anxiety ◽  
French Version ◽  
Confirmatory Factor

This article investigates the psychometric properties of the Revised Child Anxiety and Depression Scale (RCADS). A group of 704 adolescents completed the questionnaires in their classrooms. This study examines potential confirmatory factor analysis factor models of the RCADS as well as the relationships between the RCADS and the Screen for Child Anxiety Related Emotional Disorders-Revised (SCARED-R). A subsample of 595 adolescents also completed an anxiety questionnaire (Fear Survey Schedule for Children-Revised, FSSC-R) and a depression questionnaire (Center for Epidemiological Studies Depression Scale, CES-D). Confirmatory factor analysis of the RCADS suggests that the 6-factor model reasonably fits the data. All subscales were positively intercorrelated, with rs varying between .48 (generalized anxiety disorder-major depression disorder) and .65 (generalized anxiety disorder-social phobia/obsessive-compulsive disorder). The RCADS total score and all the RCADS scales were found to have good internal consistency (> .70). The correlations between the RCADS subscales and their SCARED-R counterparts are generally substantial. Convergent validity was found with the FSSC-R and the CES-D. The study included normal adolescents aged 10 to 19. Therefore, the findings cannot be extended to children under 10, nor to a clinical population. Altogether, the French version of the RCADS showed reasonable psychometric properties.

Measuring Impact of Stress in Sandwich Generation Caring for Demented Parents

GeroPsych ◽  
2014 ◽  
Vol 27 (4) ◽  
pp. 171-179 ◽  
Author(s):  
Laurence M. Solberg ◽  
Lauren B. Solberg ◽  
Emily N. Peterson
Keyword(s):  
Factor Analysis ◽  
Exploratory Factor Analysis ◽  
Social Worker ◽  
Resource Availability ◽  
Well Being ◽  
Sandwich Generation ◽  
Item Questionnaire ◽  
Significant Difference ◽  
Adult Caregivers ◽  
The Impact

Stress in caregivers may affect the healthcare recipients receive. We examined the impact of stress experienced by 45 adult caregivers of their elderly demented parents. The participants completed a 32-item questionnaire about the impact of experienced stress. The questionnaire also asked about interventions that might help to reduce the impact of stress. After exploratory factor analysis, we reduced the 32-item questionnaire to 13 items. Results indicated that caregivers experienced stress, anxiety, and sadness. Also, emotional, but not financial or professional, well-being was significantly impacted. There was no significant difference between the impact of caregiver stress on members from the sandwich generation and those from the nonsandwich generation. Meeting with a social worker for resource availability was identified most frequently as a potentially helpful intervention for coping with the impact of stress.

The Hierarchical Model of Exercise Dependence

2015 ◽  
Vol 36 (4) ◽  
pp. 247-257 ◽  
Author(s):  
Gayatri Kotbagi ◽  
Laurence Kern ◽  
Lucia Romo ◽  
Ramesh Pathare
Keyword(s):  
Factor Analysis ◽  
Confirmatory Factor Analysis ◽  
Physical Exercise ◽  
Exploratory Factor Analysis ◽  
Convergent Validity ◽  
Large Population ◽  
Assessment Tools ◽  
Negative Consequences ◽  
Confirmatory Factor ◽  
Preliminary Version

Abstract. Physical exercise when done excessively may have negative consequences on physical and psychological wellbeing. There exist many scales to measure this phenomenon. The purpose of this article is to create a scale measuring the problematic practice of physical exercise (PPPE Scale) by combining two assessment tools already existing in the field of exercise dependency but anchored in different approaches (EDS-R and EDQ). This research consists of three studies carried out on three independent sample populations. The first study (N = 341) tested the construct validity (exploratory factor analysis); the second study (N = 195) tested the structural validity (confirmatory factor analysis) and the third study (N = 104) tested the convergent validity (correlations) of the preliminary version of the PPPE scale. Exploratory factor analysis identified six distinct dimensions associated with exercise dependency. Furthermore, confirmatory factor analysis validated a second order model consisting of 25 items with six dimensions and four sub-dimensions. The convergent validity of this scale with other constructs (GLTEQ, EAT26, and The Big Five Inventory [BFI]) is satisfactory. The preliminary version of the PPPE must be administered to a large population to refine its psychometric properties and develop scoring norms.

The Development of the Job Stressor Appraisal Scale as Part of the Job Stress Battery

2012 ◽  
Vol 28 (2) ◽  
pp. 147-153 ◽  
Author(s):  
Ilknur Özalp Türetgen ◽  
Özlem Sertel Berk ◽  
Gokce Basbug ◽  
Pinar Unsal
Keyword(s):  
Factor Analysis ◽  
Job Stress ◽  
Factor Structure ◽  
Validity And Reliability ◽  
Job Stressors ◽  
Job Stressor

This study introduces the psychometric qualities of the Job Stressor Appraisal Scale (JSAS), a part of the Job Stress Battery, which comprehensively measures job stress in terms of job stressors, moderators, and strains. The JSAS measures employees’ appraisals of job stressors by considering both their frequency and intensity. To test its psychometric qualities, we administered the JSAS to a sample of 1,069 employees in Turkey. Factor analysis revealed a 5-factor structure, with 43 items explaining 46.1% of the variance. Cronbach’s α coefficients of the factors and the total scale varied between .66 and .93. In terms of construct and convergent validities, results generally showed significant correlations in the expected directions. These findings obtained on the validity and reliability of the scale imply good psychometric qualities.

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