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Chinese Journal of Management Science ›› 1998, Vol. ›› Issue (4): 9-14.

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Neural-Network-Based Approach to Rapid Estimation of Project Cost

Mao Yihua, Xiong Ying   

  1. Department of Civil Engineering, Zhejiang University
  • Received:1997-10-20 Revised:1998-04-28 Online:1998-12-28 Published:2012-03-06

Abstract: On the basis of the principle of neural network and the characteristics of project cost estimation,this paper establishes neural-network-based model of rapid estimation of project cost.The basic principle of this model is discussed.This paper also illustrates the method of establishing the model and verifies its feasibility by establishing a model of estimating cost of dwelling.

Key words: Neural network, project cost estimation, rapid estimation model, cost of dwelling