Determination of the estimated cost based on aggregated unit prices using information modeling (BIM) and text mining technologies: E3S Web of Conferences

V.K. Maksudovna; G.Z. Anatolyevna; S. Dixit; S. Kampani; G.V.S. Prasad; V.R. Manaswi; A. Singla; M.L. Kanth; Swadesh Kumar S.

doi:10.1051/e3sconf/202343001191

Determination of the estimated cost based on aggregated unit prices using information modeling (BIM) and text mining technologies: E3S Web of Conferences

V.K. Maksudovna, G.Z. Anatolyevna, S. Dixit, S. Kampani, G.V.S. Prasad, V.R. Manaswi, A. Singla, M.L. Kanth, Swadesh Kumar S. (Editor)

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Abstract

This article discusses a method for determining the cost of a construction project based on aggregated unit prices based on information modelling and text mining. The features of estimating the cost of investment projects at the pre-project station are indicated, such as high uncertainty of technological and cost parameters, as well as the advantages and prerequisites for the transition to pricing in the system of consolidated unit prices are shown. The authors consider several existing text analysis methodologies and their goals, as well as the algorithms used. The most frequently used tools for solving various Data Mining tasks in research are identified, and the sequence of actions for modeling the estimated cost at aggregated unit prices using information modeling and text mining technologies is also given, since this method provides undeniable advantages in comparison with classical methods. © 2023 EDP Sciences. All rights reserved.

Original language	British English
DOIs	https://doi.org/10.1051/e3sconf/202343001191
State	Published - 2023

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title = "Determination of the estimated cost based on aggregated unit prices using information modeling (BIM) and text mining technologies: E3S Web of Conferences",

abstract = "This article discusses a method for determining the cost of a construction project based on aggregated unit prices based on information modelling and text mining. The features of estimating the cost of investment projects at the pre-project station are indicated, such as high uncertainty of technological and cost parameters, as well as the advantages and prerequisites for the transition to pricing in the system of consolidated unit prices are shown. The authors consider several existing text analysis methodologies and their goals, as well as the algorithms used. The most frequently used tools for solving various Data Mining tasks in research are identified, and the sequence of actions for modeling the estimated cost at aggregated unit prices using information modeling and text mining technologies is also given, since this method provides undeniable advantages in comparison with classical methods. {\textcopyright} 2023 EDP Sciences. All rights reserved.",

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T1 - Determination of the estimated cost based on aggregated unit prices using information modeling (BIM) and text mining technologies

T2 - E3S Web of Conferences

AU - Maksudovna, V.K.

AU - Anatolyevna, G.Z.

AU - Dixit, S.

AU - Kampani, S.

AU - Prasad, G.V.S.

AU - Manaswi, V.R.

AU - Singla, A.

AU - Kanth, M.L.

A2 - S., Swadesh Kumar

N1 - Export Date: 11 January 2024; Cited By: 0

PY - 2023

Y1 - 2023

N2 - This article discusses a method for determining the cost of a construction project based on aggregated unit prices based on information modelling and text mining. The features of estimating the cost of investment projects at the pre-project station are indicated, such as high uncertainty of technological and cost parameters, as well as the advantages and prerequisites for the transition to pricing in the system of consolidated unit prices are shown. The authors consider several existing text analysis methodologies and their goals, as well as the algorithms used. The most frequently used tools for solving various Data Mining tasks in research are identified, and the sequence of actions for modeling the estimated cost at aggregated unit prices using information modeling and text mining technologies is also given, since this method provides undeniable advantages in comparison with classical methods. © 2023 EDP Sciences. All rights reserved.

AB - This article discusses a method for determining the cost of a construction project based on aggregated unit prices based on information modelling and text mining. The features of estimating the cost of investment projects at the pre-project station are indicated, such as high uncertainty of technological and cost parameters, as well as the advantages and prerequisites for the transition to pricing in the system of consolidated unit prices are shown. The authors consider several existing text analysis methodologies and their goals, as well as the algorithms used. The most frequently used tools for solving various Data Mining tasks in research are identified, and the sequence of actions for modeling the estimated cost at aggregated unit prices using information modeling and text mining technologies is also given, since this method provides undeniable advantages in comparison with classical methods. © 2023 EDP Sciences. All rights reserved.

U2 - 10.1051/e3sconf/202343001191

DO - 10.1051/e3sconf/202343001191

M3 - Paper

ER -

Determination of the estimated cost based on aggregated unit prices using information modeling (BIM) and text mining technologies: E3S Web of Conferences

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