Using text mining and machine learning to leverage unstructured data and detect EWS: A case study of a construction project
Abstract- Knowledge
Management became the focus of scientific study during the second half of the
20th century. During this time, researchers discovered knowledge resource
importance to business organizations. Contrary to early expectations of
enhanced management of documents, Management techniques and systems applied in
the construction industry fail to deliver the desired performance [1]. Recent
research utilizes document content analysis to improve categorization of
documents and support retrieval functions. Document text analysis can be
performed efficiently using natural language processing. Since project
professionals are poor at detecting early warning signs (EWS), identifying the
barriers for this cause is critical [17]. Project assessment is useful in
identifying EWS associated with the project formalities. This article delivers
an unparalleled way to improve the organization of information in organizations
and access to inter-organizational systems. The basis is on automated
classification of project documents in the construction and in-line with their
related project components. Machine learning methods were used for this
purpose.
Keywords: Machine learning, early warning signs, Construction project management, unstructured information, Project assessment
I. Introduction
The complexity of construction projects makes them
prone to failures. Therefore, the introduction of new procurement methods means
that many contractors have been forced to rethink their approach to the way
risks are treated within their projects and organizations [16]. Project
management methodologies can only minimize the risk of failure but cannot
guarantee successful completion. However, early prediction of future project
trajectory can provide sufficient early warnings and enough time to respond in
case significant deviations from the plans are predicted [10]. Such capability
requires rapid assessment of project documentation and reports and the ability
to infer potential future failures from unstructured information, analysis of
emotion and sentiment in the writing style of those reports. Such capability is
currently not routinely available.
The research seeks to develop a predictive early
warning methodology for project failure prediction by analysing unstructured
project documentation such as project reports [15]. Machine learning will be
employed to extract from such sources actionable information to compare against
project plans and key performance indicators. The research adheres to the
developing a project progress assessment methodology encompassing factors
affecting project performance. In addition, develop a method and algorithmic approach
for the analysis of unstructured project documentation and extraction of key
actionable information to allow inference of actual project progress rapidly
[9]. The algorithm accompanies the development of a prototype tool tuned
against a series of case studies from the literature. Finally it concludes by
conducting an empirical study demonstrating the approach.
II. Why construction projects?
The construction industry is characterized by
constant changes. As such, document classification requirements and needs
becomes paramount. In achieving this
classification, consideration issues taken into account include:
• Construction
projects are unequalled [5]. Design specification documents contain the plans,
formulas, characteristics and implementation plans for construction. The
information is both graphic and textual and is communicated to all the
stakeholders in the project. Such availability makes construction projects
unique. Taking this consideration into account makes an emphasis on these
projects relevant to leveraging text mining.
• Dynamic processes are adopted in the construction
industry [6]. The design, construction and maintenance is a cycle subject to
change over time. There are different concurrent variables that affect the
implementation of development projects. Therefore, constant communication must
be implemented between the different stakeholders to keep the project phases in
sync. The monitoring and tracking poses a challenge which consequently makes
construction projects a key area of interest.
• Construction projects are structurally organized
[3]. Each structure is assigned a project team composed of contractors, owners,
designers and representatives. The independence of the structures makes
construction projects an interesting area of study.
• Despite being structurally organized and
independent, there is increased collaboration between the projects that involve
exchange of information and data to streamline the performance of the system.
Through the collaboration, the realization of differences in size and IT
capability emerges. The differences act as a foundation for the design of a
classification construction management system.
III. Early warning signs
Warning signs are prevalent in construction
projects. From definition, they are observational signs that form the basis
of proof to the existence of some incipient
positive or negative issue [17]. EWS characterize future developments [2]. According
to Ansoff’s 1975 [3], there are two available options to a firm that considers
preparing against a strategic weak signal surprise. The first option involves a
crisis management strategy [9]. The approach ensures that in the event of weak
signal communication detection, the activities of the firm are not negatively
influenced to a large extent. The second is a mitigation approach where the
problem is pre-determined and mitigated to reduce chances of strategic
surprises [9]. Attention must be paid to manage both approach to guarantee
their success. According to Loosemore, there are three crisis types in a
construction project.
1.
Creeping crisis-
a type of crisis that is just perceive and not addressed until the effect of
the crisis occurs
2.
Sudden crisis-
discovered as crisis that occur without prior warning.
3.
Periodic crisis-
they occur in cycles some of which are consistent while others are not.
To curb and minimize the effects of crises,
contingency plans should be adopted. Implementing such strategies accompanied
by a team of professionally trained project management, the influence and
impact of the crisis is drastically reduced [15].
1 comments:
An amazing way to arrange the unstructured data in the symmetry is through text mining and students can check online assignment help to get quality work. Thank you for sharing this technique with us as the data is in huge and huge amount sometimes it becomes difficult to handle and manage that data. I hope this will work better.
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