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Modelling cost‐flow forecasting for water pipeline projects using neural networks

A.H. BOUSSABAINE (School of Architecture and Building Engineering, The University of Liverpool, P.O. Box 147, Liverpool L69 3BX, UK)
R. THOMAS (School of Architecture and Building Engineering, The University of Liverpool, P.O. Box 147, Liverpool L69 3BX, UK)
T.M.S. ELHAG (School of Architecture and Building Engineering, The University of Liverpool, P.O. Box 147, Liverpool L69 3BX, UK)

Engineering, Construction and Architectural Management

ISSN: 0969-9988

Article publication date: 1 March 1999

138

Abstract

This paper furthers work that already exists in the use of artificial intelligence techniques to forecast cost flow for construction projects. The paper explains the need for cost‐flow forecasting and investigates the methods currently used to perform such a task. It introduces neural networks as an alternative approach to the existing methods. The relationship between the number of nodes used and the accuracy of the neural network in modelling the cost flow is closely examined. From this research an optimal solution is proposed for the case and a prototype system is developed. The results of the investigation of the number of nodes used and testing of the prototype neural network for sample cases are presented and discussed.

Citation

BOUSSABAINE, A.H., THOMAS, R. and ELHAG, T.M.S. (1999), "Modelling cost‐flow forecasting for water pipeline projects using neural networks", Engineering, Construction and Architectural Management, Vol. 6 No. 3, pp. 213-224. https://doi.org/10.1108/eb021113

Publisher

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MCB UP Ltd

Copyright © 1999, MCB UP Limited

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