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Simulating Construction Duration for Multistory Buildings with Controlling Activities
Publisher: American Society of Civil Engineers
Abstract: Construction schedules are uncertain in nature; therefore, predicting construction duration is a difficult task. Extensive research has proposed mathematical models to predict construction duration based on regression ...
Entropy Application to Improve Construction Finance Decisions
Publisher: American Society of Civil Engineers
Abstract: In financial decision-making processes, the adopted weights of the objective functions have significant impacts on the final decision outcome. However, conventional rating and weighting methods exhibit difficulty in deriving ...
Entropic Risk Analysis by a High Level Decision Support System for Construction SMEs
Publisher: American Society of Civil Engineers
Abstract: The method of entropy has been useful in evaluating inconsistency on human judgments. This paper illustrates an entropy-based decision support system called e-FDSS to the solution of multicriterion risk and decision analysis ...