Construction Analytics Forecasting and Investment Valuation

This text covers R program coding for the implementation of two essential data analytics for practical construction problems. The first part of this book explains time series basics, models, and forecasting approaches in the context of the construction industry, accompanied by practical examples in...

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Bibliographic Details
Main Authors: Shahandashti, Mohsen, Abediniangerabi, Bahram (Author), Zahed, Ehsan (Author), Kim, Sooin (Author)
Format: eBook
Language:English
Published: Cham Springer Nature Switzerland 2023, 2023
Edition:1st ed. 2023
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
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245 0 0 |a Construction Analytics  |h Elektronische Ressource  |b Forecasting and Investment Valuation  |c by Mohsen Shahandashti, Bahram Abediniangerabi, Ehsan Zahed, Sooin Kim 
250 |a 1st ed. 2023 
260 |a Cham  |b Springer Nature Switzerland  |c 2023, 2023 
300 |a VIII, 186 p  |b online resource 
505 0 |a Chapter 1. Introduction to Construction Analytics -- Chapter 2. Construction Forecasting using Univariate Time Series Models -- Chapter 3. Construction Forecasting Using Time-series Volatility Models -- Chapter 4. Construction Forecasting using Multivariate Time Series Models -- Chapter 5. Construction Forecasting Using Recurrent Neural Networks -- Chapter 6. Investment Valuation of Construction Projects Under Uncertainty -- Appendices: Construction time series datasets, including National Highway Construction Cost Index (NHCCI), Federal Highway Construction Spending, Iowa Highway Construction 
653 |a Building materials 
653 |a Valuation 
653 |a Construction industry—Management 
653 |a Building Materials 
653 |a Construction Management 
653 |a Investment Appraisal 
653 |a Civil engineering 
653 |a Buildings—Design and construction 
653 |a Civil Engineering 
653 |a Building Construction and Design 
700 1 |a Abediniangerabi, Bahram  |e [author] 
700 1 |a Zahed, Ehsan  |e [author] 
700 1 |a Kim, Sooin  |e [author] 
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028 5 0 |a 10.1007/978-3-031-27292-9 
856 4 0 |u https://doi.org/10.1007/978-3-031-27292-9?nosfx=y  |x Verlag  |3 Volltext 
082 0 |a 690.06 
520 |a This text covers R program coding for the implementation of two essential data analytics for practical construction problems. The first part of this book explains time series basics, models, and forecasting approaches in the context of the construction industry, accompanied by practical examples in construction. The second part describes the concept of investment valuation for construction projects and provides both deterministic and probabilistic techniques to conduct investment valuation on construction projects. R code scripts are provided in this book for solving practical problems in the construction industry. This book is also equipped with an R Package entitled “cdar” to provide the necessary functions for performing investment valuation. The book maximizes students’ understanding of the necessary theoretical background of data analytics, and explains the implementation of data analytics techniques to solve the actual problems in the construction industry. Illustrates theoretical explanations of construction analytics, hands-on practices, and R codes for analytics techniques; Enables readers to investigate the problems in the construction industry such as cost overruns and investment timing; Reinforces concepts presented with problems and solutions, datasets, and programming codes