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http://dx.doi.org/10.5762/KAIS.2020.21.10.589

Identification of Primary Activity and Management Plan for Construction Standard Unit Price  

Jin, Zheng-Xun (Cost Engineering & Management Center, Korea Institute of Civil Engineering and Building Technology)
Baek, Seung-Ho (Cost Engineering & Management Center, Korea Institute of Civil Engineering and Building Technology)
Publication Information
Journal of the Korea Academia-Industrial cooperation Society / v.21, no.10, 2020 , pp. 589-601 More about this Journal
Abstract
The Construction Standard Unit Price (CSUP) sets the standard for calculating the estimated construction cost. The CSUP is used as basic data for preparing a standard price for public construction. Currently, the CSUP is calculated in consideration of the market and construction field conditions. However, a long-term management plan was established to prepare revised standards. As part of the plan, a field survey was conducted on changes in construction conditions and market prices. However, the plan continued for more than 5 years. Thus, the plan has a problem of difficulty continuously managing primary activities that have high importance and high price volatility. Therefore, to efficiently manage the CSUP, this study identifies the primary activities of the CSUP and presents a management plan. Through importance analysis and unit price volatility analysis, 242 primary activities in 35 activity groups were identified. Also, a management plan is presented based on the importance levels of activities. The primary activities and management plan could enable the timely revision of important activities. The results of this study provide a base for reflecting the appropriateness of construction cost criteria on time.
Keywords
Construction Standard Unit Price; Primary Activity; Importance; Cost Ratio; Unit Price Volatility;
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Times Cited By KSCI : 3  (Citation Analysis)
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