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    Predicting City-Level Construction Cost Index Using Linear Forecasting Models 

    Source: Journal of Construction Engineering and Management:;2021:;Volume ( 147 ):;issue: 002:;page 04020158
    Author(s): Chi-Young Choi; Kyeong Rok Ryu; Mohsen Shahandashti
    Publisher: ASCE
    Abstract: Because of the importance of budget planning and contract bidding, accurate prediction of future movements of the construction cost index (CCI) has been a crucial part of construction cost management. Despite the fact that ...
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    Improving Accuracy in Predicting City-Level Construction Cost Indices by Combining Linear ARIMA and Nonlinear ANNs 

    Source: Journal of Management in Engineering:;2021:;Volume ( 038 ):;issue: 002:;page 04021093
    Author(s): Sooin Kim; Chi-Young Choi; Mohsen Shahandashti; Kyeong Rok Ryu
    Publisher: ASCE
    Abstract: Accurate cost forecasting in budget planning and contract bidding is crucial for the success of construction projects. Linear models such as the autoregressive integrated moving average (ARIMA) and nonlinear models such ...
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