• DocumentCode
    2607614
  • Title

    Study of construction bidding system based on combination of rough set theory and back-propagation network

  • Author

    Wang, Xueqing ; Yu, Gang ; Zhao, Hui

  • Author_Institution
    Tianjin Univ., Tianjin
  • fYear
    2007
  • fDate
    2-4 Dec. 2007
  • Firstpage
    287
  • Lastpage
    291
  • Abstract
    The estimation of optimum markup percentage is a critical activity for a contractor to win the tender. It is affected by many factors. This paper presents a novel method of markup estimation combining rough sets (RS) theory and back-propagation (BP) network for construction project. RS theory is utilized as a preprocessor to delete the redundant irrelevant factors to the project markup. Then the relevant factors are used to train the BP network and predict the project markup. Actual prediction results show that the performance of RSBP model combing RS theory and BP model is superior to that of BP network with higher global convergence ability and higher computing speed. In addition, the mean relative error of RSBP model is also smaller than the BP model.
  • Keywords
    backpropagation; construction industry; pricing; rough set theory; backpropagation network; construction bidding system; construction project; contractor; markup estimation; markup projection; optimum markup percentage; rough set theory; Artificial intelligence; Computer networks; Convergence; High performance computing; Information systems; Power system modeling; Predictive models; Rough sets; Set theory; Uncertainty; BP network; Bidding; Markup; Rough sets;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Industrial Engineering and Engineering Management, 2007 IEEE International Conference on
  • Conference_Location
    Singapore
  • Print_ISBN
    978-1-4244-1529-8
  • Electronic_ISBN
    978-1-4244-1529-8
  • Type

    conf

  • DOI
    10.1109/IEEM.2007.4419197
  • Filename
    4419197