Study on Grey Forecast Method for Power Construction Engineering Investment Based on the Cost-Significant Theory
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Abstract
For power construction projects influenced by many factors, and few historical data of similar projectsas the actual situation, CS model and GM (1, 1) gray prediction model are built on the basis of the Cost-Significant(C S) theory to achieve the investment forecasting for power construction projects. Meanwhile, application examples demonstrate the effectiveness of the model, and simplify the calculation of the effective procedures to ensure the accuracy of the prediction results under the foundation to improve work efficiency.
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