Project Cost Control System Based on Data Mining

Author

Zhao, Lu ; Ding, Lieyun

Author_Institution

Sch. of Civil Eng. & Mech., Huazhong Univ. of Sci. & Technol. (HUST), Wuhan, China

Volume

2

fYear

2009

fDate

15-17 May 2009

Firstpage

535

Lastpage

538

Abstract

Quantitative cost data is produced with the proceeding of project. Cost data, however, only has meaning when they are linked to some other external data e.g., time, asks, participants, etc. to provide the context for that information. Applying Data Mining technique to cost control can help managers improve their capability of cost analyzing, cost monitoring and cost warning. This paper introduced the frame of cost control system base on DM, and provided multi-dimension cost analysis by OLAP technique. Therefore, it can provide visual and reliable decision-making support for different cost control layers.

Keywords

data mining; financial data processing; financial management; OLAP technique; cost management; cost monitoring; cost warning; data mining technique; multidimension cost analysis; project cost control system; quantitative cost data; Control systems; Costs; Data analysis; Data mining; Databases; Information analysis; Information technology; Monitoring; Phase change materials; Project management; Data mining; OALP technique; multilevel cost control;

fLanguage

English

Publisher

ieee

Conference_Titel

Information Technology and Applications, 2009. IFITA '09. International Forum on

Conference_Location

Chengdu

Print_ISBN

978-0-7695-3600-2

Type

conf

DOI

10.1109/IFITA.2009.306

Filename

5231397