Dan Galorath is founder and CEO of Galorath, a leader in cost estimation, actionable data and expertise for informed decision-making. Cost engineering has always been pivotal in balancing project ...

To address the issues of inaccurate predictions and computational complexity in the rapid quotation process for construction projects, this paper proposes a method for construction cost prediction ...

Usually, cost estimation is an experience-based task that includes the evaluation of unknown conditions and complex relationships of factors affecting the cost. An Artificial Neural Network (ANN) is ...