IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v13y2021i8p4552-d539376.html
   My bibliography  Save this article

A Comparative Study of Models for the Construction Duration Prediction in Highway Road Projects of India

Author

Listed:
  • P. Velumani

    (Kalasalingam Academy of Research and Education, Anand Nagar, Krishnankoil 626126, Tamil Nadu, India)

  • N. V. N. Nampoothiri

    (Kalasalingam Academy of Research and Education, Anand Nagar, Krishnankoil 626126, Tamil Nadu, India)

  • M. Urbański

    (Faculty of Civil Engineering, Czestochowa University of Technology, 42201 Czestochowa, Poland)

Abstract

Predicting the duration of construction projects with acceptable accuracy is a problem for contractors and researchers. Numerous researchers and tools are involved in sorting out this problem. The aim of the study is to predict the construction duration using four analytical tools as an approach. The success of construction projects in regard to time depends on various factors such as selection of contractors, consultants, cost of the projects, quality of the projects, the quantity of the projects, environmental factors, etc. Presently available commercial tools in the market are not designed as universally common and concerned. Every tool performs well in a particular situation. The prediction of India’s highway road projects duration is the biggest construction issue in the country due to various reasons. To overcome this problem, the methodology of the paper adopts various strategies to find suitable tools to predict the highway road projects’ duration, in which it classifies and analyzes the collected data. As a part of this work, the details of 363 government infrastructure projects (traditional procurement) were collected from 2000 to 2018. The present study also adopts various tools for duration prediction such as artificial neural networks (ANNs), smoothing techniques, time series analysis, and Bromilow’s time–cost (BTC) model. The results of the study recommend smoothing techniques with a constant value of 0.3, which gave the remarkable very small error of 1.2%, and its outcomes become even better when compared to other techniques.

Suggested Citation

  • P. Velumani & N. V. N. Nampoothiri & M. Urbański, 2021. "A Comparative Study of Models for the Construction Duration Prediction in Highway Road Projects of India," Sustainability, MDPI, vol. 13(8), pages 1-13, April.
  • Handle: RePEc:gam:jsusta:v:13:y:2021:i:8:p:4552-:d:539376
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/13/8/4552/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/13/8/4552/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Taylor, James W., 2003. "Exponential smoothing with a damped multiplicative trend," International Journal of Forecasting, Elsevier, vol. 19(4), pages 715-725.
    2. Daniel Chan & Mohan Kumaraswamy, 1999. "Modelling and predicting construction durations in Hong Kong public housing," Construction Management and Economics, Taylor & Francis Journals, vol. 17(3), pages 351-362.
    3. Mario Vanhoucke, 2013. "Project Management with Dynamic Scheduling," Springer Books, Springer, edition 2, number 978-3-642-40438-2, December.
    4. Martin Skitmore & NG Thomas, 2001. "Australian project time-cost analysis: Statistical analysis of intertemporal trends," Construction Management and Economics, Taylor & Francis Journals, vol. 19(5), pages 455-458.
    5. Maia, André Luis Santiago & de Carvalho, Francisco de A.T., 2011. "Holt’s exponential smoothing and neural network models for forecasting interval-valued time series," International Journal of Forecasting, Elsevier, vol. 27(3), pages 740-759.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Junlong Peng & Chao Peng & Mengyao Wang & Ke Hu & Dubin Wu, 2022. "Research on the factors of extremely short construction period under the sufficient resources based on Grey-DEMATEL-ISM," PLOS ONE, Public Library of Science, vol. 17(3), pages 1-21, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Svetunkov, Ivan & Kourentzes, Nikolaos, 2015. "Complex Exponential Smoothing," MPRA Paper 69394, University Library of Munich, Germany.
    2. Gao, Feng & Shao, Xueyan, 2022. "A novel interval decomposition ensemble model for interval carbon price forecasting," Energy, Elsevier, vol. 243(C).
    3. Kourentzes, Nikolaos & Petropoulos, Fotios & Trapero, Juan R., 2014. "Improving forecasting by estimating time series structural components across multiple frequencies," International Journal of Forecasting, Elsevier, vol. 30(2), pages 291-302.
    4. de Silva, Ashton J, 2010. "Forecasting Australian Macroeconomic variables, evaluating innovations state space approaches," MPRA Paper 27411, University Library of Munich, Germany.
    5. Niematallah Elamin & Mototsugu Fukushige, 2016. "Forecasting extreme seasonal tourism demand," Discussion Papers in Economics and Business 16-23, Osaka University, Graduate School of Economics.
    6. Hyndman, Rob J. & Khandakar, Yeasmin, 2008. "Automatic Time Series Forecasting: The forecast Package for R," Journal of Statistical Software, Foundation for Open Access Statistics, vol. 27(i03).
    7. E. Vercher & A. Corberán-Vallet & J. Segura & J. Bermúdez, 2012. "Initial conditions estimation for improving forecast accuracy in exponential smoothing," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 20(2), pages 517-533, July.
    8. Hanyuan Zhang & Jiangping Lu, 2022. "Forecasting hotel room demand amid COVID-19," Tourism Economics, , vol. 28(1), pages 200-221, February.
    9. Mohammad Zeynoddin & Hossein Bonakdari & Silvio José Gumiere & Alain N. Rousseau, 2023. "Multi-Tempo Forecasting of Soil Temperature Data; Application over Quebec, Canada," Sustainability, MDPI, vol. 15(12), pages 1-21, June.
    10. Muslima Zahan & Ron S. Kenett, 2013. "Modeling and Forecasting Energy Consumption in the Manufacturing Industry in South Asia," International Journal of Energy Economics and Policy, Econjournals, vol. 3(1), pages 87-98.
    11. Zeynep Ozsut Bogar & Askiner Gungor, 2023. "Forecasting Waste Mobile Phone (WMP) Quantity and Evaluating the Potential Contribution to the Circular Economy: A Case Study of Turkey," Sustainability, MDPI, vol. 15(4), pages 1-38, February.
    12. Xianbo Li, 2022. "Sequence Model and Prediction for Sustainable Enrollments in Chinese Universities," Sustainability, MDPI, vol. 15(1), pages 1-25, December.
    13. Athanasopoulos, George & Hyndman, Rob J. & Song, Haiyan & Wu, Doris C., 2011. "The tourism forecasting competition," International Journal of Forecasting, Elsevier, vol. 27(3), pages 822-844.
    14. Bordley, Robert F. & Keisler, Jeffrey M. & Logan, Tom M., 2019. "Managing projects with uncertain deadlines," European Journal of Operational Research, Elsevier, vol. 274(1), pages 291-302.
    15. Hao, Peng & Guo, Junpeng, 2017. "Constrained center and range joint model for interval-valued symbolic data regression," Computational Statistics & Data Analysis, Elsevier, vol. 116(C), pages 106-138.
    16. R Fildes & K Nikolopoulos & S F Crone & A A Syntetos, 2008. "Forecasting and operational research: a review," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 59(9), pages 1150-1172, September.
    17. Meira, Erick & Cyrino Oliveira, Fernando Luiz & Jeon, Jooyoung, 2021. "Treating and Pruning: New approaches to forecasting model selection and combination using prediction intervals," International Journal of Forecasting, Elsevier, vol. 37(2), pages 547-568.
    18. Fernández-Amador, Octavio & Francois, Joseph F. & Oberdabernig, Doris A. & Tomberger, Patrick, 2020. "The methane footprint of nations: Stylized facts from a global panel dataset," Ecological Economics, Elsevier, vol. 170(C).
    19. Niematallah Elamin & Mototsugu Fukushige, 2018. "Forecasting extreme seasonal tourism demand: the case of Rishiri Island in Japan," Asia-Pacific Journal of Regional Science, Springer, vol. 2(2), pages 279-296, August.
    20. J D Bermúdez & J V Segura & E Vercher, 2006. "Improving demand forecasting accuracy using nonlinear programming software," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 57(1), pages 94-100, January.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:13:y:2021:i:8:p:4552-:d:539376. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.