Combining rule-based expert systems and artificial neural networks for mark-up estimation
Heng Li and
Peter Love
Construction Management and Economics, 1999, vol. 17, issue 2, 169-176
Abstract:
Rule-based expert systems and artificial neural networks are two major systems for developing intelligent decision support systems. The integration of the two systems can generate a new system which shares the strengths of both rule-based and artificial neural network systems. This research presents a computer based mark-up decision support system called InMES (integrated mark-up estimation system) that integrates a rule-based expert system and an artificial neural network (ANN) based expert system. The computer system represents an innovative approach for estimating a contractor's mark-up percentage for a construction project. A rule extraction method is developed to generate rules from a trained ANN. By using the explanation facility embedded in the rule-based expert system, InMES provides users with a clear explanation to justify the rationality of the estimated mark-up output. Cost data derived from a contractor's successful bids were used to train an ANN and, in conjunction with a rule-based expert system, select the expected mark-up for a project. The combination of both ANN- and rule-based expert systems for estimating mark-up allows significant benefits to be made from each individual system, such as understanding why and how the estimated mark-up was derived and also the effects of imposing rules and constraints on a company's mark-up estimation. The mark-up decision support system presented can assist contractors in preparing a rational mark-up percentage for a project. Moreover, InMES as proposed will assist contractors in their tender decision making, that is, whether or not to submit a bid for a project considering the estimated mark-up.
Keywords: Hybrid Systems; Mark-up Decision; Rule Extraction; Explanation Facility (search for similar items in EconPapers)
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:taf:conmgt:v:17:y:1999:i:2:p:169-176
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DOI: 10.1080/014461999371664
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