Construction of Unbalanced Engineering Cost Management and Multivariate Statistics System Based on Random Matrix Weight Algorithm

The informatization of engineering cost plays an important role in the cost management and is also one of the important subjects of the informatization in the engineering field. It is the direction of the future project cost management. There is a trend of exponential increase in the information abo...

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Published inMathematical problems in engineering Vol. 2022; pp. 1 - 10
Main Authors Huang, Chen, Shao, Xiaoming
Format Journal Article
LanguageEnglish
Published New York Hindawi 12.09.2022
John Wiley & Sons, Inc
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Abstract The informatization of engineering cost plays an important role in the cost management and is also one of the important subjects of the informatization in the engineering field. It is the direction of the future project cost management. There is a trend of exponential increase in the information about project cost, which brings a great challenge to cost informatization. On the basis of the construction quantity and cost composition in the process of analyzing the present situation of the project cost, the overall index of the construction quantity and cost is constructed. For bridges and tunnels and to achieve a reasonable index of roadbed, on the basis of considering project at different stages and the demand for different levels of cost management personnel, adopt the method of statistical analysis and neural network, respectively, and set up the project cost fast estimation method and cost prediction model: intelligent prediction model and index system forecasting model. The error analysis and checking calculation of the two models provide the possibility for correctly estimating the engineering quantity and engineering cost in the preliminary design stage. Aiming at the low accuracy of the traditional unbalanced cost data classification algorithm, the dimension of random matrix weight was introduced into the cost data classification. On the basis of analyzing the spatial and temporal characteristics of WAMS measurement data, a high-dimensional random matrix model of WAMS measurement big data was constructed according to the high-dimensional random matrix theory, and a nonequilibrium cost data classification model based on the weighted algorithm of improved fuzzy rules was established. The model is applied to a unit project cost data classification, which verifies the operability of the model and provides a new idea for other units to carry out similar work. Finally, other common problems that should be paid attention to when using multivariate statistical analysis method are put forward.
AbstractList The informatization of engineering cost plays an important role in the cost management and is also one of the important subjects of the informatization in the engineering field. It is the direction of the future project cost management. There is a trend of exponential increase in the information about project cost, which brings a great challenge to cost informatization. On the basis of the construction quantity and cost composition in the process of analyzing the present situation of the project cost, the overall index of the construction quantity and cost is constructed. For bridges and tunnels and to achieve a reasonable index of roadbed, on the basis of considering project at different stages and the demand for different levels of cost management personnel, adopt the method of statistical analysis and neural network, respectively, and set up the project cost fast estimation method and cost prediction model: intelligent prediction model and index system forecasting model. The error analysis and checking calculation of the two models provide the possibility for correctly estimating the engineering quantity and engineering cost in the preliminary design stage. Aiming at the low accuracy of the traditional unbalanced cost data classification algorithm, the dimension of random matrix weight was introduced into the cost data classification. On the basis of analyzing the spatial and temporal characteristics of WAMS measurement data, a high-dimensional random matrix model of WAMS measurement big data was constructed according to the high-dimensional random matrix theory, and a nonequilibrium cost data classification model based on the weighted algorithm of improved fuzzy rules was established. The model is applied to a unit project cost data classification, which verifies the operability of the model and provides a new idea for other units to carry out similar work. Finally, other common problems that should be paid attention to when using multivariate statistical analysis method are put forward.
Author Huang, Chen
Shao, Xiaoming
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Cites_doi 10.3390/sym13030523
10.1142/S0219265921450122
10.1155/2018/9691868
10.1061/(asce)co.1943-7862.0001435
10.1061/(asce)co.1943-7862.0001476
10.3390/s20020482
10.21595/jve.2021.21923
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Copyright Copyright © 2022 Chen Huang and Xiaoming Shao.
Copyright © 2022 Chen Huang and Xiaoming Shao. This is an open access article distributed under the Creative Commons Attribution License (the “License”), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License. https://creativecommons.org/licenses/by/4.0
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SubjectTerms Accuracy
Algorithms
Alliances
Big Data
Classification
Concrete construction
Construction costs
Construction industry
Cost analysis
Data processing
Economic development
Engineering
Error analysis
Estimation
Information technology
Matrix theory
Multivariate analysis
Multivariate statistical analysis
Neural networks
Prediction models
Preliminary designs
Project management
Quantum physics
Road beds
Statistical analysis
Support vector machines
Tunnel construction
Urban planning
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Title Construction of Unbalanced Engineering Cost Management and Multivariate Statistics System Based on Random Matrix Weight Algorithm
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