Forecasting the Final Contract Cost on the Basis of the Owner’s Cost Estimation Using an Artificial Neural Network

Forecasting the Final Contract Cost on the Basis of the Owner’s Cost Estimation Using an Artificial Neural Network

Raising the final contract cost (<i>FCC</i>) is a significant risk for project owners. This study hypothesizes that the factors that cause owner’s cost estimation (<i>OCE</i>) accuracy and <i>FCC</i> changes share the same causes, and a case study confirmed that t...

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Bibliographic Details
Main Authors: Abdulah M. Alsugair, Naif M. Alsanabani, Khalid S. Al-Gahtani
Format: Article
Language:English
Published: MDPI AG 2023-03-01
Series:Buildings
Subjects:
forecast
predict
cost
initial
neural network
regression
Online Access:https://www.mdpi.com/2075-5309/13/3/786

Internet

https://www.mdpi.com/2075-5309/13/3/786

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