Numerical simulation is an essential method for predicting soil deformation caused by foundation pit excavation. Its accuracy relies on the constitutive model and its parameters. However, obtaining these parameters through lab tests has limitations like long durations, high costs, and potential errors. To improve the simplicity and accuracy of the selection of constitutive model parameters, this study proposes a step-by-step inverse analytical method. Using the braced excavation project in Hangzhou City, China as a case study, the proposed method firstly determines the ratio of the important constitutive parameters then the values of the key constitutive parameters. The results show that the reference secant stiffness (E50ref) and shear strain (γ0.7) of the hardening soil (HS) and hardening soil–small soil (HSS) models are the key constitutive parameters. The step-by-step inverse method not only reduces the number of parameters, but also improves the predicting accuracy. The established empirical relationship between the E50ref and standard penetration test (SPT) blow counts exhibits a good linear correlation. The parameter selection method proposed in this study is an accurate, practical, and efficient method, which can effectively predict the horizontal displacement and surface settlement of the retaining structure in multiple excavation stages.
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