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Record W2726377482 · doi:10.1504/ijids.2017.10005874

A new model for estimation of project total cost in construction projects

2017· article· en· W2726377482 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

affAt least one author lists a Canadian institution in the pinned OpenAlex snapshot.

Bibliographic record

VenueInternational Journal of Information and Decision Sciences · 2017
Typearticle
Languageen
FieldBusiness, Management and Accounting
TopicValue Engineering and Management
Canadian institutionsUniversity of Calgary
Fundersnot available
KeywordsEstimationCost estimateComputer scienceProject managementCost overrunBusinessOperations managementOperations researchConstruction industryConstruction engineeringEconomicsSystems engineeringMathematicsEngineering

Abstract

fetched live from OpenAlex

This paper presents a new framework for the cost estimation of construction projects concerning the significant issues that contractors may face through the life cycle of the projects. The proposed approach is basically constructed on the basis of cost estimation process in the earned value management (EVM) technique. However, it attempts to resolve the present shortcomings in EVM estimation process and take into the consideration the cost-related issues so-called financial issues such as delay in client payment, and the time value of money. Furthermore, in order to cope with the uncertain conditions of real situations, the presented model takes the advantage of fuzzy sets theory which is a well-known method in dealing with the situations where the uncertainty arises. The proposed approach not only extends the theoretical framework of EVM but also gives a real insight into the project future performance. Finally, ten illustrative cases related to construction projects are provided to compare the obtained results of proposed model with the results of the EVM estimation process and to demonstrate how the model can be implemented in real projects.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.001
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.739
Threshold uncertainty score0.480

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.001
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.000
Science and technology studies0.0000.000
Scholarly communication0.0000.005
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.049
GPT teacher head0.336
Teacher spread0.287 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it