| Title |
A Study on the Development of Construction Dispute Predictive Analytics Model - Based on Decision Tree - |
| Authors |
Jang, Se Rim ; Kim, Han Soo |
| DOI |
https://dx.doi.org/10.6106/KJCEM.2020.22.6.076 |
| Keywords |
Construction Dispute; Construction Claim; Predictive Analytics Model; Predictive Analytics; Decision Tree Model |
| Abstract |
Construction projects have high potentials of claims and disputes due to inherent risks where a variety of stakeholders are involved. Since disputes could cause losses in terms of cost and time, it is a critical issue for contractors to forecast and pro-actively manage disputes in advance in order to secure project efficiency and higher profits. The objective of the study is to develop a decision tree-based predictive analytics model for forecasting dispute types and their probabilities according to construction project conditions. It can be a useful tool to forecast potential disputes and thus provide opportunities for proactive management. |