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Analysis of Factors Affecting the Success of Sustainable Development Projects with the Help of Machine Learning Tools

Author

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  • Zhi-Jun Chen
  • Tsung-Shun Hsieh
  • Seyed Mehdi Mousavi Davoudi
  • Reza Lotfi

Abstract

Sustainable development projects are a group of development projects created with the aim of sustainable urban growth and development. To achieve development, it is essential to pay attention to the existence of projects. The point to consider is the threat of these expensive assets by all kinds of risks, such as floods, earthquakes, wars, mistakes, and price fluctuations, during the life cycle of projects from the beginning of their idea to the end of their useful life. Hence, the main objective of the study is to analyze the criteria and factors of project success and different machine learning strategies to achieve success and predict specific construction performance. To meet that aim, the research employs the descriptive approach, and analytical and logical aspects are derived from various sources such as research articles, published materials, online websites, books, and articles. The study’s results reveal that employing machine learning tools and algorithms to create a link between project success factors and criteria and prediction can bring multiple advantages, including high accuracy, ease of use, and inference for decision-making. It can be concluded that algorithmic solutions could be integrated in a manner that project managers can adequately utilize to enhance project success by eliminating potential risks and guiding the project toward attaining its objectives.

Suggested Citation

  • Zhi-Jun Chen & Tsung-Shun Hsieh & Seyed Mehdi Mousavi Davoudi & Reza Lotfi, 2022. "Analysis of Factors Affecting the Success of Sustainable Development Projects with the Help of Machine Learning Tools," Discrete Dynamics in Nature and Society, Hindawi, vol. 2022, pages 1-9, September.
  • Handle: RePEc:hin:jnddns:1956879
    DOI: 10.1155/2022/1956879
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