Research on Applying Gray GM (1, 1) Model in Construction Project Cost Forecasting
On basis of doing a systemic review and summarization to various construction project cost forecasting methods and their respective characteristics, this paper analyzes the applicability of GM(1,1) forecasting model used in project cost forecasting, and introduces the method briefly and comprehensively. By example study this paper displays how to use the method in actual project cost forecasting, and gray system prediction model with advantages of a small sample and highaccuracy is fully exhibited.
Gray GM (1,1 ) Model Accuracy Test ConstructionPproject Cost Forecasting
Wu Yaoxing Chen Zhenghui
College of Civil Engineering & Construction Management Hunan University of Science and Engineering Y College of Construction Management & Real Estate Chongqing University Chongqing 400045,P.R.China
国际会议
2010 International Conference on Construction and Project Management(2010年IEEE建设与项目管理国际会议 2010ICCPM)
成都
英文
59-63
2010-11-16(万方平台首次上网日期,不代表论文的发表时间)