Chapter
Dec 15, 2022
Application of Grey Theory Model in Engineering Cost
Publication: ICCREM 2022
ABSTRACT
A model for predicting development laws is established mainly through incomplete information, and some laws can be described in a fuzzy way. The indexes predicted by the grey model system can analyze the basic law of the development of things, and the predicted results directly affect the economic development and income of the predicted things in the future. Therefore, reasonable use of the grey theory model to predict can maximize the economic benefits of the development of things. This paper will stand on the basis of the construction project cost to establish a grey model, the project cost of factors for a systematic analysis.
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REFERENCES
Cai, X. F. (2002). Construction engineering construction organization and management, Higher Education Press, Beijing. (in Chinese).
Jia, C. L. (2019). “Discussion on the influence factors of project cost.” Xinjiang Chemical Industry, 2019(2), 46–47. (in Chinese).
Li, Y. J. (2009). “Research on cost control of construction engineering project in China.” Cooperative Economics and Science and Technology, 2009(03), 43–44. (in Chinese).
Lu, J., and Cao, Z. Y. (2003). “Research on the cost of construction project.” Construction Supervision, 2003(06), 35–36. (in Chinese).
Qi, B. K., Zhao, J. M., Qu, Y., and Niu, C. Y. (2012). “Evaluation on development of construction industry in Liaoning Province based on grey relational analysis.” Building Economics, 2012(08), 19–22. (in Chinese).
Wang, W. Q. (2017). Measurement and valuation of construction engineering, China Architecture and Architecture Press, Beijing, 35–36. (in Chinese).
Information & Authors
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Published In
ICCREM 2022
Pages: 785 - 791
History
Published online: Dec 15, 2022
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1Associate Professor, Dept. of Real Estate and Engineering Management, Liaoning Urban Construction Technical College, Shenyang, China. Email: [email protected]
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Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.