Preliminary Cost Estimation Model Using Case-Based Reasoning and Genetic Algorithms

2010 ◽  
Vol 24 (6) ◽  
pp. 499-505 ◽  
Author(s):  
Kyong Ju Kim ◽  
Kyoungmin Kim
2010 ◽  
Vol 1 (1) ◽  
pp. 1-7
Author(s):  
Hyun-Soo Lee ◽  
Ki-Hoon Seong ◽  
Moon-Seo Park ◽  
Sae-Hyun Ji ◽  
Soo-Young Kim

2019 ◽  
Vol 145 (8) ◽  
pp. 04019047 ◽  
Author(s):  
Nahyun Kwon ◽  
Jongwoo Cho ◽  
Hyun-Soo Lee ◽  
Inseok Yoon ◽  
Moonseo Park

2020 ◽  
Vol 12 (19) ◽  
pp. 7920
Author(s):  
Sangsun Jung ◽  
Jae-Ho Pyeon ◽  
Hyun-Soo Lee ◽  
Moonseo Park ◽  
Inseok Yoon ◽  
...  

Estimates of project costs in the early stages of a construction project have a significant impact on the operator’s decision-making in essential matters, such as the site’s decision or the construction period. However, it is not easy to carry out the initial stage with confidence, because information such as design books and specifications is not available. In previous studies, case-based reasoning (CBR) is used to estimate initial construction costs, and genetic algorithms are used to calculate the weight of the retrieve phase in CBR’s process. However, it is difficult to draw a better solution than the current one, because existing genetic algorithms use random numbers. To overcome these limitations, we reflect correlation numbers in the genetic algorithms by using the method of local search. Then, we determine the weights using a hybrid genetic algorithm that combines local search and genetic algorithms. A case-based reasoning model was developed using a hybrid genetic algorithm. Then, the model was verified with construction cost data that were not used for the development of the model. As a result, it was found that the hybrid genetic algorithm and case-based reasoning applied with the local search performed better than the existing solution. The detail mean error value was found to be 3.52%, 6.15%, and 0.33% higher for each case than the previous one.


2014 ◽  
Vol 41 (1) ◽  
pp. 65-73 ◽  
Author(s):  
Sangyong Kim ◽  
Jae Heon Shim

In this paper, we propose a hybrid case-based reasoning (CBR) system for predicting the construction cost of high-rise buildings at the preliminary design stage. First, the extracted cost factors (CFs) of a high-rise building were shown to significantly improve the cost estimation system’s performance. For developing a CBR system, a hybrid approach that combines CBR with genetic algorithms (GAs) for cost estimation was adopted. Genetic algorithms were used for optimized weight generation and applied to real project cases. Additionally, this paper proposes the identification of an alternative similarity score measurement formula. The proposed formula evaluates the contrast between the alternative case matching approach and the classical formula in a scenario involving the use of cost factors describing a case. The results indicate that the proposed GA-based CBR system can consistently reduce errors and potentially be useful to owners and contractors in the early financial planning stage. Accordingly, it is expected that the developed CBR system would provide decision-makers with accurate cost information to assess and compare multiple alternatives for obtaining the optimal solution and controlling the cost.


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