IGWO-SVM: An Enhanced Cost Prediction Model for Construction Projects

Accurate cost prediction is crucial for successful construction project management.This study proposes an improved Grey Wolf Optimizer-Support Vector Machine (IGWO-SVM) model for construction project cost prediction.The model incorporates Tent mapping and quantum well techniques to enhance the global search capability and prediction accuracy.Experimental results show that the IGWO-SVM model achieves a prediction error rate of 0.01%, significantly outperforming traditional methods.The model reduced total construction days by 1.72%, total cost by 1.89%, and improved quality levels by 15.31% on average.The IGWO-SVM model demonstrates high stability and accuracy, providing a reliable tool for construction project cost prediction and optimization.

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Publication Details

Journal
Tehnicki vjesnik - Technical Gazette
Published
2025-06-30
DOI
https://doi.org/10.17559/tv-20240721001870
Primary Topic
BIM and Construction Integration
Type
article
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article

IGWO-SVM: An Enhanced Cost Prediction Model for Construction Projects

Tehnicki vjesnik - Technical Gazette
BIM and Construction Integration
article

IGWO-SVM: An Enhanced Cost Prediction Model for Construction Projects

article en

Abstract

Accurate cost prediction is crucial for successful construction project management.This study proposes an improved Grey Wolf Optimizer-Support Vector Machine (IGWO-SVM) model for construction project cost prediction.The model incorporates Tent mapping and quantum well techniques to enhance the global search capability and prediction accuracy.Experimental results show that the IGWO-SVM model achieves a prediction error rate of 0.01%, significantly outperforming traditional methods.The model reduced total construction days by 1.72%, total cost by 1.89%, and improved quality levels by 15.31% on average.The IGWO-SVM model demonstrates high stability and accuracy, providing a reliable tool for construction project cost prediction and optimization.

Tehnicki vjesnik - Technical GazetteVol. 32(4)
Southwest Jiaotong University (CN)
Industry, innovation and infrastructure
Openalex Percentile: Top 84%
BIM and Construction Integration
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