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
Page pp.76-86
ISSN 2005-6095
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.