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DEVELOPMENT OF CONSTRUCTION PROJECT COST CONTINGENCY MODEL USING FUZZY EXPERT SYSTEM

Estimating cost contingency allocation accurately in a tender process is one of the key success factors of project management. However, no flexible and rational method in estimating cost contingency has been developed. This paper presents a flexible and rational approach to estimate project cost con...

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Main Authors: Rohman, M.Arif, Idrus, Arazi, Nuruddin, F
Format: Conference or Workshop Item
Published: 2008
Subjects:
TA Engineering (General). Civil engineering (General)
QA76 Computer software
Online Access:http://eprints.utp.edu.my/5404/1/ICSTIE_Mohammad_Arif_Rohman.pdf
http://eprints.utp.edu.my/5404/
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spelling my.utp.eprints.54042017-01-19T08:26:01Z DEVELOPMENT OF CONSTRUCTION PROJECT COST CONTINGENCY MODEL USING FUZZY EXPERT SYSTEM Rohman, M.Arif Idrus, Arazi Nuruddin, F TA Engineering (General). Civil engineering (General) QA76 Computer software Estimating cost contingency allocation accurately in a tender process is one of the key success factors of project management. However, no flexible and rational method in estimating cost contingency has been developed. This paper presents a flexible and rational approach to estimate project cost contingency for common construction projects such as building and bridge projects using risk analysis and fuzzy expert system concept. By using this technique, risk factors are identified and analyzed to determine the amount of project cost contingency using contractors’ experience and judgment. This model has been validated using four construction projects in Malaysia. According to the validation result, this fuzzy expert system model can be used to predict cost contingency value. 2008-12-12 Conference or Workshop Item PeerReviewed application/pdf http://eprints.utp.edu.my/5404/1/ICSTIE_Mohammad_Arif_Rohman.pdf Rohman, M.Arif and Idrus, Arazi and Nuruddin, F (2008) DEVELOPMENT OF CONSTRUCTION PROJECT COST CONTINGENCY MODEL USING FUZZY EXPERT SYSTEM. In: 2nd International Conference on Science and Technology, 12-13 Dec, Penang, Malaysia. http://eprints.utp.edu.my/5404/
institution Universiti Teknologi Petronas
building UTP Resource Centre
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Petronas
content_source UTP Institutional Repository
url_provider http://eprints.utp.edu.my/
topic TA Engineering (General). Civil engineering (General)
QA76 Computer software
spellingShingle TA Engineering (General). Civil engineering (General)
QA76 Computer software
Rohman, M.Arif
Idrus, Arazi
Nuruddin, F
DEVELOPMENT OF CONSTRUCTION PROJECT COST CONTINGENCY MODEL USING FUZZY EXPERT SYSTEM
description Estimating cost contingency allocation accurately in a tender process is one of the key success factors of project management. However, no flexible and rational method in estimating cost contingency has been developed. This paper presents a flexible and rational approach to estimate project cost contingency for common construction projects such as building and bridge projects using risk analysis and fuzzy expert system concept. By using this technique, risk factors are identified and analyzed to determine the amount of project cost contingency using contractors’ experience and judgment. This model has been validated using four construction projects in Malaysia. According to the validation result, this fuzzy expert system model can be used to predict cost contingency value.
format Conference or Workshop Item
author Rohman, M.Arif
Idrus, Arazi
Nuruddin, F
author_facet Rohman, M.Arif
Idrus, Arazi
Nuruddin, F
author_sort Rohman, M.Arif
title DEVELOPMENT OF CONSTRUCTION PROJECT COST CONTINGENCY MODEL USING FUZZY EXPERT SYSTEM
title_short DEVELOPMENT OF CONSTRUCTION PROJECT COST CONTINGENCY MODEL USING FUZZY EXPERT SYSTEM
title_full DEVELOPMENT OF CONSTRUCTION PROJECT COST CONTINGENCY MODEL USING FUZZY EXPERT SYSTEM
title_fullStr DEVELOPMENT OF CONSTRUCTION PROJECT COST CONTINGENCY MODEL USING FUZZY EXPERT SYSTEM
title_full_unstemmed DEVELOPMENT OF CONSTRUCTION PROJECT COST CONTINGENCY MODEL USING FUZZY EXPERT SYSTEM
title_sort development of construction project cost contingency model using fuzzy expert system
publishDate 2008
url http://eprints.utp.edu.my/5404/1/ICSTIE_Mohammad_Arif_Rohman.pdf
http://eprints.utp.edu.my/5404/
_version_ 1738655402036297728
score 13.18916

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