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Analysis of Construction Cost and Investment Planning Using Time Series Data

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成果类型:
期刊论文
作者:
Jiang, Fengchang;Awaitey, John;Xie, Haiyan
通讯作者:
Xie, H.
作者机构:
[Jiang, Fengchang] Taizhou Polytech Coll, Inst Architectural Engn, Taizhou 225300, Peoples R China.
[Xie, Haiyan; Awaitey, John] Illinois State Univ, Dept Technol, Normal, IL 61790 USA.
通讯机构:
Department of Technology, Illinois State University, Normal, IL, United States
语种:
英文
关键词:
Construction cost index;Construction investment management;Multivariate analysis;Prediction model
期刊:
Sustainability
ISSN:
2071-1050
年:
2022
卷:
14
期:
3
基金类别:
Construction Project of Jiangsu Engineering Research Center "Jiangsu Province Engineering Research Center of Green Construction and BIM Technology Application for Complex Projects" [JPERC2021-168]
机构署名:
本校为第一机构
摘要:
Construction costs and investment planning are the decisions made by construction managers and financial managers. Investment in construction materials, labor, and other miscellaneous should consider their huge costs. For these reasons, this research focused on analyzing construction costs from the point of adopting multivariate cost prediction models in predicting construction cost index (CCI) and other independent variables from September 2021 to December 2022. The United States was selected as the focal country for the study because of its s...

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