cost prediction
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2022 ◽  
Vol 34 (5) ◽  
pp. 1-19
Author(s):  
Xiaohui Wu

In this paper, Artificial Intelligence assisted rule-based confidence metric (AI-CRBM) framework has been introduced for analyzing environmental governance expense prediction reform. A metric method is to assess a level of collective environmental governance representing general, government, and corporate aspects. The equilibrium approach is used to calculate improvements in the source of environmental management based on cost, and it is tailored to test the public sector-corporation for environmental shared governance. The overall concept of cost prediction or estimation of environmental governance is achieved by the rule-based confidence method. The framework compares the expected cost to the environment of governance to determine the efficiency of the cost prediction process.


Author(s):  
Xueqing Zhang ◽  
Jie Song ◽  
Chaolin Zha

The current project cost system requires high data scale, small amount of data and large prediction deviation. In order to improve the prediction accuracy of the whole process cost of construction project, this paper designs a whole process project cost prediction system based on improved support vector machine. In the hardware part of the system, the control core adopts arm controller S3C6410 and introduces 4G communication module to analyze the actual engineering data with the support of hardware. In the software part, the whole process cost prediction index system of the construction project is established, the index is reduced by the principal component method, and the support vector machine is improved by particle swarm optimization algorithm to realize the whole process cost prediction of the project. The system function test results show that the average prediction deviation of the designed system is 4.11%, the average prediction deviation of the cost prediction system is 3.05%, and the average prediction deviation of the system is 1.57%.


2022 ◽  
Vol 14 (1) ◽  
pp. 564
Author(s):  
Jun Kim ◽  
Hee Sung Cha

Since the early 1980s, the Korean government has rapidly boosted residential buildings to cope with substantial housing shortages. However, as buildings have been aging simultaneously, the performance of a large number of residential buildings has deteriorated. A government plan to upgrade poor housing performance through renovation is being adopted. However, the difficulty of accurate construction cost prediction in the early stages has a negative effect on the renovation process. Specifically, the relationship between renovation design elements and construction work items has not been clearly revealed. Thus, construction experts use premature intuition to predict renovation costs, giving rise to a large difference between planned and actual costs. In this study, a new approach links the renovation design elements with construction work items. Specifically, it effectively quantifies design factors and applies data-driven estimation using the simulation-based deep learning (DL) approach. This research contributes the following. First, it improves the reliability of cost prediction for a data-scarce renovation project. Moreover, applying this novel approach greatly reduces the time and effort required for cost estimation. Second, several design alternatives were effectively examined in an earlier stage of construction, leading to prompt decision-making for homeowners. Third, rapid decision-making can provide a more sustainable living environment for residents. With this novel approach, stakeholders can avoid a prolonged economic evaluation by selecting a better design alternative, and thus can maintain their property holdings in a smarter way.


2021 ◽  
Vol 2021 ◽  
pp. 1-10
Author(s):  
Wanli Gao

Cross-border e-commerce logistics cost prediction algorithm does not consider logistics distribution scheduling, and logistics information interchange is not enough, which leads to confusion of logistics cost parameters and large deviation. Therefore, an intelligent prediction algorithm of cross-border e-commerce logistics cost based on cloud computing is designed. Introduce cloud computing platforms, optimize the scheduling of cross-border e-commerce logistics distribution tasks, and select the targets for the scheduling of cross-border e-commerce logistics distribution tasks from the aspects such as the shortest waiting time required by customers, the degree of resource load balance, and the costs consumed in completing cross-border e-commerce logistics distribution tasks, and design logistics scheduling process. On this basis, the logistics distribution data are classified, the association rules between the data are mined, and the monitoring of abnormal values in the cost forecasting process is completed. In order to eliminate the interference caused by the difference of different cost management interval, the function value is calculated by weighted Euclidean distance. Design feedback forecast mechanism to realize intelligent forecast algorithm of cross-border e-commerce logistics cost. Experimental results show that the proposed algorithm has better accuracy of cross-border e-commerce logistics cost prediction and higher completion rate of logistics tasks.


2021 ◽  
Vol 6 (11) ◽  
pp. 152
Author(s):  
Chongjiao Wang ◽  
Changrong Yao ◽  
Bin Qiang ◽  
Siguang Zhao ◽  
Yadong Li

Evaluating the cost of detecting bridge defects is a difficult task, but one that is vital to the lifecycle cost analysis of bridges. In this study, a detection cost sample database was established based on practical engineering data, and a bridge defect detection cost prediction model and software were developed using machine learning. First, the random forest method was adopted to evaluate the importance of the seven main factors affecting the detection cost. The most important indicators were selected, and the recent GDP growth rate was employed to account for the impact of social and economic developments on the detection cost. Combining a genetic algorithm with a multilayer neural network, a detection cost prediction model was established. The predictions given by this model were found to have an average relative error of 3.41%. Finally, an intelligent prediction software for bridge defect detection costs was established, providing a reliable reference for bridge lifecycle cost analysis and the evaluation of defect detection costs during the operation period.


2021 ◽  
Vol 2021 ◽  
pp. 1-8
Author(s):  
Dan Ye

Construction project cost prediction is an important function in construction-related fields; it can provide an important basis for project feasibility study and design scheme comparison and selection, and its accuracy will directly affect the investment decision of the project. The successful realization of construction cost prediction can bring great convenience to the control and management of construction cost. The purpose of this paper is to study a fast, accurate, convenient, deducible, and rational construction project cost prediction method, to provide a basis for the cost management of the whole life cycle of the project. Therefore, this paper uses particle swarm optimization algorithm to improve BP neural network and proposes a novel construction project cost prediction algorithm based on particle swarm optimization-guided BP neural network. Aiming at the defects of BP neural network updating weights and thresholds with the gradient descent method, this paper uses the advantages of particle swarm optimization in the field of parameter optimization to optimize BP neural network with PSO algorithm. The structure of BP neural network weights and the threshold of each neuron in the coding, through intelligent search for each particle, find the most suitable weights and thresholds, so that the BP neural network has faster convergence speed, better generalization ability, and higher prediction precision. Simulation results also show that the proposed algorithm is competitive enough.


2021 ◽  
Vol 2021 ◽  
pp. 1-12
Author(s):  
Shengran Xi ◽  
Chunxia Zhang ◽  
Zixi Cai ◽  
Yikang Xu

The conventional urban system has a very disorganized and unmanageable mode of operation, and the information between the systems has not been efficiently shared and interconnected. Smart cities and intelligent building will be the future trend of urban development. With the advent of new concepts and techniques brought by the Internet of Things (IoT) across the world, all fields of life are progressively shifting towards smart societies. Based on the prediction algorithm of the IoT, this paper constructs the cost control and cost prediction model of intelligent building. Combined with the characteristics of the current smart city construction, three engineering cost schemes (S0, S1, and S2) are constructed, and the cost simulation of these three examples is carried out to verify the cost control and cost prediction model of the intelligent building. Experimental results show that the total cost of each cost level of the three schemes is lower than the conventional total cost, and the total cost change rate ranges are −121.6%∼−27.6%, −210.3%∼−47.2%, and −150.3%∼−22.3%, respectively. The proposed smart city cost prediction model can reduce project cost, which has great economic significance for the construction of smart cities.


2021 ◽  
Vol 13 (17) ◽  
pp. 9583
Author(s):  
Long-Hao Yang ◽  
Biyu Liu ◽  
Jun Liu

Research and development (R&D) talents training are asymmetric in China universities and can be of great significance for economic and social sustainable development. For the purpose of making an in-depth analysis in the education management costs for R&D talents training, the belief rule-based (BRB) expert system with data increment and parameter learning is developed to achieve education management cost prediction for the first time. In empirical analysis, based on the BRB expert system, the past investments and future planning of education management costs are analyzed using real education management data from 2001 to 2019 in 31 Chinese provinces. Results show that: (1) the existing education management cost investments have a significant regional difference; (2) the BRB expert system has excellent accuracy over some existing cost-prediction models; and (3) without changing the current education management policy and education cost input scheme, the regional differences in China’s education management cost input always exist. In addition to the results, the present study is helpful for providing model supports and policy references for decision makers in making well-grounded plans of R&D talents training at universities


Complexity ◽  
2021 ◽  
Vol 2021 ◽  
pp. 1-12
Author(s):  
Saadi Shartooh Sharqi ◽  
Aayush Bhattarai

Project cost prediction is one of the key elements in the civil engineering activities development. Project cost is a highly sensitive component to diverse parameters and hence it is associated with complex trends that make it difficult to be predicted and fully understood. Due to the massive advancement of soft computing (SC) and Internet of things (IoT), the main research objective of the current study was initiative. Several machine learning (ML) models including extreme learning machine (ELM), multivariate adaptive regression spline (MARS), and partial least square regression (PLS) were adopted to predict field canal cost. Several essential predictors were used to develop the prediction network “the learning process” including the total length of the PVC pipeline, served area, geographical zone, construction year, and cost and duration of field canal improvement projects (FCIP) construction. Data were collected from the open source published literature. The modeling results evidenced the potential of the applied SC models in predicting the FCIP cost. In numerical magnitude evaluation, MARS model indicated the least value for the root mean square error (RMSE = 27422.7), mean absolute error (MAE = 19761.8), and mean absolute percentage error (MAPE = 0.05454) with Nash–Sutcliffe efficiency (NSE = 0.94), agreement index (MD = 0.89), and coefficient of determination (R2 = 0.94), with best precision of prediction using all predictors, except geographical zone parameter in which less influence on the cost construction is presented. In general, the research outcome gave an informative primary cost initiative for cost civil engineering project.


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