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Estimating contract value using structural parameters: a machine learning approach with data preprocessing
Abstract
In this study, contract price in public construction tenders are predicted using structural project parameters. The variables applied in the study are created by adding the quantities of columns, shear walls, and beams to variables commonly used in the literature for cost estimations. Six different machine learning algorithms are employed as machine learning algorithms. Preprocessing methods and a series of parameter optimizations are applied to enhance the predictive capability on datasets. These processes and the applied algorithms are evaluated with five different performance metrics. The SVM algorithm produced the best results, achieving an value of 0.8966, MAPE of 23.70, NSE of 0.8956, MAE of 0.4849, and RMSE of 0.6989. This study contributes to the literature by developing machine learning models and data analysis processes for contract price approaches.
Keywords
Kaynakça
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Ayrıntılar
Birincil Dil
İngilizce
Konular
Yapı İşletmesi
Bölüm
Araştırma Makalesi
Yazarlar
Erken Görünüm Tarihi
30 Eylül 2024
Yayımlanma Tarihi
30 Eylül 2024
Gönderilme Tarihi
12 Temmuz 2024
Kabul Tarihi
24 Eylül 2024
Yayımlandığı Sayı
Yıl 2024 Cilt: 15 Sayı: 3
IEEE
[1]S. E. Aslay, “Estimating contract value using structural parameters: a machine learning approach with data preprocessing”, DÜMF MD, c. 15, sy 3, ss. 755–765, Eyl. 2024, doi: 10.24012/dumf.1515160.
Cited By
A conceptual cost estimation model for building construction projects by hybrid Back-Propagation Neural Network and Dung Beetle Optimizer algorithm
Journal of Asian Architecture and Building Engineering
https://doi.org/10.1080/13467581.2024.2445596