Forecasting construction price index using artificial intelligence models: Support vector machines and radial basis function neural network

Estimation of Construction Price Index (CPI) is important for a market economy and it is a measure to manage construction investment costs. This is a tool to help organizations and individuals to reduce the effort and management of expenses for construction projects by reducing time of procedures for calculating and adjusting the total investment for the estimation and evaluation of contract price.
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Forecasting construction price index using artificial intelligence models: Support vector machines and radial basis function neural network