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Details of Grant 

EPSRC Reference: GR/K85001/01
Title: A NEUROFUZZY SYSTEM FOR PREDICTING COST AND DURATION OF CONSTRUCTION PROJECTS
Principal Investigator: Boussabaine, Dr H
Other Investigators:
Researcher Co-Investigators:
Project Partners:
Pre Nexus Migration
Department: Architecture
Organisation: University of Liverpool
Scheme: Standard Research (Pre-FEC)
Starts: 07 October 1996 Ends: 06 October 1999 Value (£): 109,234
EPSRC Research Topic Classifications:
Construction Ops & Management
EPSRC Industrial Sector Classifications:
Construction
Related Grants:
Panel History:  
Summary on Grant Application Form
The main objective of this pilot study is to develop a neurofuzzy prototype system to provide assistance to construction contractors in predicting, updating and managing (planning and controlling) project cost and duration. This will assist the contractor to keep capital expenditure and delivery time to predetermined cash and time limits and take necessary managerial action to avoid a shortage of cah, bankrupcy and give early warning of cost and time overrun. The system will be based on the data collected by the cost system, cost estimating and construction planning but does nor depend on user entry of forecast data.
Key Findings
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Potential use in non-academic contexts
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Impacts
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Summary
Date Materialised
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Organisation Website: http://www.liv.ac.uk