DocumentCode
2655200
Title
BPNN and Pontryagain Estimate and Optimize the Investment of New Projects
Author
Xiao-chen, Duan ; Xin-zheng, WANG ; Po-tao, HU
Author_Institution
Nanyang Normal Univ., Singapore
fYear
2007
fDate
20-22 Aug. 2007
Firstpage
2220
Lastpage
2225
Abstract
The traditional estimate method debases the precision and accuracy of estimation result. Based on the BP neural network, this paper sets up the model of cost estimation of highway engineering. The BP neural network model is trained by a sample data obtained from some performed typical engineering to come true quick cost-estimating. It is sure that the method is practical and the estimating results are reliable according to lots of examples. What is more, this paper introduces the concept of cash flow and builds an optimal control model under some hypotheses to study cost control of new projects and then solve the model using Pontryagain minimum theory, and illustrates the validity of the method through an example which shows that not only the total cost is less in the optimized investment plan than the original plan, but also the cash flow needed by the project is more steady, both of which facilitate the implementation of the project.
Keywords
backpropagation; costing; investment; minimum principle; neural nets; project management; road building; BP neural network; Pontryagain estimate; Pontryagain minimum theory; cash flow; cost estimation; highway engineering; investment; optimal control model; project management; Biological neural networks; Civil engineering; Conference management; Cost function; Engineering management; Investments; Optimal control; Project management; Railway engineering; Reliability engineering; BP neural network; investment estimation; new project; pontryagain model;
fLanguage
English
Publisher
ieee
Conference_Titel
Management Science and Engineering, 2007. ICMSE 2007. International Conference on
Conference_Location
Harbin
Print_ISBN
978-7-88358-080-5
Electronic_ISBN
978-7-88358-080-5
Type
conf
DOI
10.1109/ICMSE.2007.4422169
Filename
4422169
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