TY - JOUR
T1 - A hybrid methodology to estimate construction material quantities at an early project phase
AU - García de Soto, Borja
AU - Adey, Bryan T.
AU - Fernando, Dilum
N1 - Funding Information:
The authors would like to thank the capital expenditure (CAPEX) department at Holcim for financing and making their data available for this research. Special thanks are given to Mr. Rudy Blum and Mr. Roberto Nores.
Publisher Copyright:
© 2016 Informa UK Limited, trading as Taylor & Francis Group.
PY - 2017/7/3
Y1 - 2017/7/3
N2 - Preliminary project cost estimates are the first serious estimates made on a project. They play an important role during the decision-making process, and are the benchmark with which future estimates are expected to agree. This paper concentrates on the estimation of construction material quantities (CMQs) and presents a methodology to accurately estimate them during an early project phase. We make use of existing data and utilize regression analysis, neural networks and case-based reasoning to provide accurate results. It encompasses data collection, model development and evaluation, and the integration of different techniques. The use of the methodology is demonstrated by estimating CMQs of relevant structures. The accuracy of the methodology is investigated and compared with three state-of-practice approaches. The results obtained show a significant improvement over the state of the practice, and would improve the accuracy of preliminary project costs estimates. Through partial automation, it would likely reduce the time required to make estimates.
AB - Preliminary project cost estimates are the first serious estimates made on a project. They play an important role during the decision-making process, and are the benchmark with which future estimates are expected to agree. This paper concentrates on the estimation of construction material quantities (CMQs) and presents a methodology to accurately estimate them during an early project phase. We make use of existing data and utilize regression analysis, neural networks and case-based reasoning to provide accurate results. It encompasses data collection, model development and evaluation, and the integration of different techniques. The use of the methodology is demonstrated by estimating CMQs of relevant structures. The accuracy of the methodology is investigated and compared with three state-of-practice approaches. The results obtained show a significant improvement over the state of the practice, and would improve the accuracy of preliminary project costs estimates. Through partial automation, it would likely reduce the time required to make estimates.
KW - backward elimination
KW - case-based reasoning
KW - construction material quantities
KW - hybrid estimation models
KW - neural networks
KW - preliminary estimates
KW - resource estimates
UR - http://www.scopus.com/inward/record.url?scp=84976334268&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84976334268&partnerID=8YFLogxK
U2 - 10.1080/15623599.2016.1176727
DO - 10.1080/15623599.2016.1176727
M3 - Article
AN - SCOPUS:84976334268
SN - 1562-3599
VL - 17
SP - 165
EP - 196
JO - International Journal of Construction Management
JF - International Journal of Construction Management
IS - 3
ER -