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
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;
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
DOI :
10.1109/IEEM.2007.4419197