Author: Hung, Hing-sun Antonio
Title: An expert system for appraising investment property projects
Degree: M.Sc.
Year: 1995
Subject: Economic development projects -- Evaluation
Expert systems (Computer science)
Hong Kong Polytechnic University -- Dissertations
Department: Department of Computing
Pages: v, 126 leaves : ill. ; 30 cm
Language: English
Abstract: Appraising projects is the most important appraisal and advisory service rendered by appraisal officers in many sizeable corporations. The accuracy and quality of appraisal advice is crucial and critical in top management's decision making process during the feasibility study stage. It requires the knowledge, experience and judgement to prepare project appraisal report, that is why a team of specially trained appraisal officers is set up in many sizeable corporations to take care of this task. However, owing to high turnover rate of appraisal officers, and deteriorating quality of appraisal function resulting from changes of key appraisal officers, the existing project appraisal system is not running efficiently. On the other hand, owing to lack of practice, other accounting or project officers are incapable and unwilling to perform these project appraisal tasks. The expert system technologies are believed to be a means which offer great opportunities in tackling these problems. If the knowledge and expertise on project appraisal can be captured and made use of at any time by any person, then there would be significant improvement in the quality of work in term of accuracy and consistency. Yet, the most important is that this may enable non-appraisal offices to participate in the appraisal task. A prototype system, namely IPPA system, was developed to test the above hypothesis. A user evaluation was carried out and the responses were analysed. The result had been encouraging. This desertation describes in detail how the IPPA system had been built, and how the evaluation had been conducted and analysed.
Rights: All rights reserved
Access: restricted access

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