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Stream/Area:
-
Subject:
-
Paper ID:
IJSREM48109
Volume:
9 |
5 |
May 2025
Pages:
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
This project introduces an online AI-powered tool designed to enhance the accuracy and efficiency of estimating residential construction costs. By utilizing machine learning techniques, the system processes historical records, project-specific inputs, and current market data to produce dependable cost estimates. It is capable of managing both structured and unstructured information, capturing the intricate relationships among various cost drivers. The platform is designed to be intuitive, widely accessible via the web, and flexible enough to accommodate diverse construction scenarios. It helps reduce human errors, shortens estimation time, and curtails unexpected budget overruns. It is equipped to handle both structured and unstructured information, allowing it to interpret the intricate factors that influence construction expenses. With an intuitive interface, the tool is accessible from any internet-enabled device and can be adapted to various construction scenarios. Its automation reduces human error, speeds up the estimation process, and helps prevent budget overruns. Ultimately, it aids users in making well-informed financial decisions and streamlining project planning.
KEYWORDS
Publication Date
5/16/2025
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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Conflict of Interest
The authors declare no conflict of interest related to this research work.
Funding Information
No funding information available for this research.
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