• 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