UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 11 Issue 3
March-2024
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2403915


Registration ID:
534654

Page Number

j85-j90

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Title

Construction Progress Prediction and Cost and Time Analysis

Abstract

This research employed artificial neural networks (ANNs) to analyze the intricate relationships between various input factors and the cost and duration of construction projects. The dataset for the study was generated based on six input factors: Project Type, Project Size, Location, Complexity, Number of Floors, Start Date, End_Date, Construction Cost, Material Cost, Labor Cost, Equipment Cost, Permit Cost, Contingency Cost, Overhead Cost, Number of Workers, Weather Conditions, Previous Project Completion Time, Previous Project Cost, and two output parameters (duration and cost). These factors were identified through a thorough review of relevant literature, expert opinions, and an extensive field survey. The research revealed that insufficient technological advancements and a lack of skilled personnel for effective project coordination contribute to cost overruns and extended durations, particularly in projects awarded to sole and mini-contractors compared to medium and multi-company firms. Clients with greater financial capacity, such as corporate organizations and government entities, tended to engage and negotiate with multi- and medium-sized businesses.

Key Words

Construction management · Project cost and duration · Artificial neural network (ANN) · MATLAB

Cite This Article

"Construction Progress Prediction and Cost and Time Analysis", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 3, page no.j85-j90, March-2024, Available :http://www.jetir.org/papers/JETIR2403915.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Construction Progress Prediction and Cost and Time Analysis", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 3, page no. ppj85-j90, March-2024, Available at : http://www.jetir.org/papers/JETIR2403915.pdf

Publication Details

Published Paper ID: JETIR2403915
Registration ID: 534654
Published In: Volume 11 | Issue 3 | Year March-2024
DOI (Digital Object Identifier):
Page No: j85-j90
Country: Pune, Maharashtra, India .
Area: Science & Technology
ISSN Number: 2349-5162
Publisher: IJ Publication


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