Chapter
May 13, 2014

Mapping Relational Efficiency in Neuro-Fuzzy Hybrid Cost Models

Publication: Construction Research Congress 2014: Construction in a Global Network

Abstract

Significant improvements are achievable in the accuracy of cost estimates if cost models adequately incorporate issues of flexibility and uncertainty. This study evaluates the relational efficiencies of the fuzzy composition operators—the max-min and max-product—in establishing the final cost of water infrastructure projects. Cost and project data were collected on 1600 water infrastructure projects completed in the United Kingdom between 2000 and 2011. Neural network was first used to develop relative weightings of relevant cost predictors. These were then standardized into fuzzy sets to establish a consistent effect of each variable on the overall target cost. The strength and degree of relationship of the normalized cost predictor weightings and the fuzzified project attributes were combined using the max-min and max-product composition operators to obtain project cost predictions. The predictions from the two composition operators were compared with the actual cost figures. Results show comparable performance in the efficiency of the composition operators. Based on statistical correlations, the max-product composition operator achieved on average a deviation of 1.71% whereas the max-min composition had an average deviation of 1.86%. Improvements in the relational efficiency of neuro-fuzzy hybrid cost models could assist in developing a robust framework for realistic cost targets on construction projects.

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Go to Construction Research Congress 2014
Construction Research Congress 2014: Construction in a Global Network
Pages: 1458 - 1467

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Published online: May 13, 2014

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Olubukola Tokede [email protected]
S.M.ASCE
School of Engineering and the Built Environment, Edinburgh Napier University, Edinburgh, EH10 5DT, UKPH. E-mail: [email protected]
Dominic Ahiaga-Dagbui [email protected]
School of Engineering, University of Edinburgh, EH9 3JL, UK. E-mail: [email protected]
Simon Smith [email protected]
School of Engineering, University of Edinburgh, EH9 3JL, UK. E-mail: [email protected]
Sam Wamuziri [email protected]
M.ASCE
Centre for Management Research, Glynd.r University, Wrexham, LL11 2AW, UK. E-mail: [email protected]

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