A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Conceptual Cost-Estimating Model for Water and Sewer Projects
Many utility pipes, especially for water and sewer, have severely deteriorated. While it was estimated that sewer and water pipes will require about $130 billion for repair over the next 10 years, only $42 billion is available. To properly manage the available funds, cities need to come up with conceptual cost estimates that highlight their requirements. Despite the existence of pipeline cost-estimating models that have been developed by those cities, interviews with many city officials revealed that their current cost models might not produce accurate results. This paper presents an artificial intelligence (AI) model that assists cities in the development of more accurate cost estimates for their water and sewer rehabilitation projects. The proposed model was developed using information collected from about 50 projects. Benefits of the presented model include, but are not limited to, better utilization of financial resources, decision-making guidelines, and comparison of alternatives. The presented model also fulfills the needs of funding entities for more accurate cost estimates.
Conceptual Cost-Estimating Model for Water and Sewer Projects
Many utility pipes, especially for water and sewer, have severely deteriorated. While it was estimated that sewer and water pipes will require about $130 billion for repair over the next 10 years, only $42 billion is available. To properly manage the available funds, cities need to come up with conceptual cost estimates that highlight their requirements. Despite the existence of pipeline cost-estimating models that have been developed by those cities, interviews with many city officials revealed that their current cost models might not produce accurate results. This paper presents an artificial intelligence (AI) model that assists cities in the development of more accurate cost estimates for their water and sewer rehabilitation projects. The proposed model was developed using information collected from about 50 projects. Benefits of the presented model include, but are not limited to, better utilization of financial resources, decision-making guidelines, and comparison of alternatives. The presented model also fulfills the needs of funding entities for more accurate cost estimates.
Conceptual Cost-Estimating Model for Water and Sewer Projects
Shehab, Tariq (author) / Nasr, Elhami (author) / Farooq, Mohammad (author)
Pipelines 2014 ; 2014 ; Portland, Oregon
Pipelines 2014 ; 367-373
2014-07-30
Conference paper
Electronic Resource
English
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