Prediction of Construction Material Prices Based on the Sliding Window CatBoost Model

Abstract

AbstractMaterial prices significantly impact project costs, and accurate price forecasting is crucial for developing cost management strategies. The volatility of construction material prices exhibits nonlinear and dynamic characteristics, posing ...Practical ApplicationsThe method proposed in this study offers significant advantages for material procurement management in the construction industry. By providing accurate predictions of material prices, the model helps managers make informed purchasing ...