Author
Listed:
- Shiming Wang
- Yifei Li
- Debao Yao
- Xiao Li
Abstract
Commercial complex development is featured by large scale, complex operational procedures, and prominent challenges in cost management. This study proposes a data-driven intelligent approach for optimizing cost management of commercial complex projects. First,it emphasizes the necessity of applying value engineering (VE) principles—specifically integrating the Function Analysis System Technique (FAST)—in cost control. Subsequently,a model framework is constructed and workflow procedures for construction cost management are formulated,with the core methodology being the integration of VE with a Fuzzy Analytic Hierarchy Process (FAHP) model. The pre-analysis phase involves defining VE study objectives via FAST,using FAHP to determine functional coefficients,and leveraging systematic cost analysis tools.By calculating cost and value coefficients, the model realizes real-time monitoring, thus avoiding irrational construction behaviors and supporting post-implementation reviews for continuous optimization. To validate the model’s effectiveness,an existing commercial complex project was selected for optimization. Comparative analysis shows that traditional methods resulted in a total cost of 74,886,333.3 yuan across civil engineering,building construction,HVAC,and electrical engineering,while the optimized approach reduced costs to 72,740,121.5 yuan,achieving a 2.87% cost reduction.
Suggested Citation
Shiming Wang & Yifei Li & Debao Yao & Xiao Li, 2026.
"Intelligent system in the cost control of commercial complex projects: Data-driven optimization method,"
PLOS ONE, Public Library of Science, vol. 21(6), pages 1-22, June.
Handle:
RePEc:plo:pone00:0343158
DOI: 10.1371/journal.pone.0343158
Download full text from publisher
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:plo:pone00:0343158. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
We have no bibliographic references for this item. You can help adding them by using this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: plosone (email available below). General contact details of provider: https://journals.plos.org/plosone/ .
Please note that corrections may take a couple of weeks to filter through
the various RePEc services.