Refinement of Cost Estimates with Artificial Neural Nets

by Irtishad U. Ahmad, (A.M.ASCE), Florida International Univ, Miami, United States,
Syed T. Rahman, Florida International Univ, Miami, United States,

Document Type: Proceeding Paper

Part of: Computing in Civil Engineering


An estimate should be refined for undefined items. Usually, contingency is added to cover any inadequacies in estimate basis definition and inadequacies in estimating methods and data. The practice of applying a contingency factor to increase the bottom line estimate does not seem to have any logical basis. Methods based on assumed statistical distributions have been suggested.

Subject Headings: Computer software | Neural networks | Terminology and definition | Statistics | Computer networks

Services: Buy this book/Buy this article


Return to search