Study of Bidding Decision-Making in Construction Project Based on LM-BP Neural Networks

Abstract

There is a tendency that arbitrary and tendentiousness are brought by experts’ subjectivity during the bidding evaluation. A method for construction project bidding based on the BP neural network improved by LM is proposed. To overcome the disadvantage of slow convergence and being prone to converge to minimum, LM was used to be combined with the BP neural networks. It has been proved by an application an effective complement for the deficiency of BP neural network on the bidding decision of construction project. Through the application in reality, we found that the LM-BP neural network in resolving the problems during the bidding process is meaningful.