3rd South American International Conference on Industrial Engineering and Operations Management

Check the Sensitivity of Cost Parameters in Construction Projects Using Deterministic Model

mustafa talib & Sedqi Esmaeel Rezouqi
Publisher: IEOM Society International
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Track: Engineering Management
Abstract

The deterministic model was built to check the sensitivity of the impact of standard cost on the cost and demystification was carried out at the beginning (Delphi rounds and Likert scale) to determine the most important parameters, the Fuzzy Analytical Hierarchy Process (FAHP) to arrange and finally verify the parameter using FDM for the purpose of comparison with reality In practice, the most important parameters were used and applied in 100 construction projects, calculating importance weights, and then using the deterministic model model to verify the extent of their impact in preparation for predicting the mathematical model of cost parameters

Published in: 3rd South American International Conference on Industrial Engineering and Operations Management

Publisher: IEOM Society International
Date of Conference: May 10-12, 2022

ISBN: 978-1-7923-9159-0
ISSN/E-ISSN: 2169-8767