Development of project cost contingency estimation model using risk analysis and fuzzy expert system
Development of project cost contingency estimation model using risk analysis and fuzzy expert system
A. Idrus,Muhd Fadhil Nuruddin,M. A. Rohman
2011 · DOI: 10.1016/j.eswa.2010.07.061
Expert systems with applications · 120 Citations
TLDR
In this research, the proposed method involved the development of cost contingency model for building and infrastructure projects in Malaysia and it was found that the predictions given by the system were within 20% accuracy compared to actual cost contingencies.