Study of Bidding Decision-Making in Construction Project Based on LM-BP Neural Networks

Tian Bao Wu; Xun Liu; Tai Quan Zhou

doi:10.4028/www.scientific.net/AMM.584-586.2339

Paper Titles

Project Management for the Construction of a Large Scale Modified UNITANK Wastewater Treatment Plant
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Research on Problems and Improvement Strategies of Government Investment Project Management
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Sharing Chinese Infrastructure Experience: Selected Best Practices in High-Speed Railway Projects
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Significance Analysis on the Affecting Factors of Basic Reserve Fund in Power Engineering Based on FAT
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Study of Bidding Decision-Making in Construction Project Based on LM-BP Neural Networks
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Study on Adjusting Contract Sum of Construction Projects from Contract Status Compensation Perspective
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Study on the Application of the Agent Construction Mode
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The Input-Output Analysis of Construction Industry in West China
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The Risk Management of Reducing Merger and Acquisitions Risks for Construction Enterprise
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HomeApplied Mechanics and MaterialsApplied Mechanics and Materials Vols. 584-586Study of Bidding Decision-Making in Construction...

Study of Bidding Decision-Making in Construction Project Based on LM-BP Neural Networks

Abstract:

There is a tendency that arbitrary and tendentiousness are brought by experts’ subjectivity during the bidding evaluation. A method for construction project bidding based on the BP neural network improved by LM is proposed. To overcome the disadvantage of slow convergence and being prone to converge to minimum, LM was used to be combined with the BP neural networks. It has been proved by an application an effective complement for the deficiency of BP neural network on the bidding decision of construction project. Through the application in reality, we found that the LM-BP neural network in resolving the problems during the bidding process is meaningful.