Project Cost Overrun Risk Prediction Using Hidden Markov Chain Analysis

Construction project cost overrun is a common problem in the construction industry. The cost of construction projects is thought to have increased by approximately 33% on average. Several types of research on construction project cost overrun have been conducted and these generally rely on historica...

Full description

Bibliographic Details
Main Authors: Sou-Sen Leu, Yanni Liu, Pei-Lin Wu
Format: Article
Language:English
Published: MDPI AG 2023-03-01
Series:Buildings
Subjects:
Online Access:https://www.mdpi.com/2075-5309/13/3/667