Abstract
Correct estimation of costs of construction projects is the key to project success. Although mostly established in early project phases with a rather limited set of project data, estimates have to be precise. In this paper, a methodology for improving the quality of estimates is presented in which data from past projects along with other knowledge sources are used. Advantages of this approach as well as challenges are discussed.
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© 2006 Springer-Verlag Berlin Heidelberg
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Domer, B., Raphael, B., Saitta, S. (2006). KnowPrice2: Intelligent Cost Estimation for Construction Projects. In: Smith, I.F.C. (eds) Intelligent Computing in Engineering and Architecture. EG-ICE 2006. Lecture Notes in Computer Science(), vol 4200. Springer, Berlin, Heidelberg. https://doi.org/10.1007/11888598_16
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DOI: https://doi.org/10.1007/11888598_16
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-46246-0
Online ISBN: 978-3-540-46247-7
eBook Packages: Computer ScienceComputer Science (R0)