• Korean Journal of Construction Engineering and Management
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• v.14 no.6
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• pp.14-21
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• 2013

While a detailed cost estimation utilizes the comprehensive quantity information obtained from a complete drawing and specification, an approximate cost estimation heavily relies on the subjective decisions. This phenomenon is because the approximate estimation is usually conducted in early stage of the construction phase where the drawing and specification are not available. This study developed a roadway construction cost estimation system which enables users to estimate the approximated cost of the project in early stage. The system identifies the variation of the construction costs due to the road route change using a cased based reasoning(CBR) method. Overall the system is expected to improves the accuracy and effectiveness of the estimation process, because it would provide users with increased accessability and consistent results in early stage of the project which leaded to the increased work transparency.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2008.11a
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• pp.445-448
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• 2008

This study attempts to estimate approximate cost on construction of PSC BEAM Bridge using Case-Based Reasoning and suggests approximate estimation model at the planning and design stage. This paper suggests phased influence factors on construction cost and approximate estimation model for integrated project cost management.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2007.11a
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• pp.585-588
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• 2007

This study attempts to analyze estimating process and the level of information performing literature review and questionnaire and identify phased influence factors on construction cost using phased information of project and suggests framework of approximate estimation model at the planning and design stage. This paper suggests phased influence factors on construction cost and framework of approximate estimation model for integrated project cost management.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.31 no.6D
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• pp.829-837
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• 2011

Construction cost estimation in planning phase which calculates the cost for performing construction tasks is used for various ways. Meanwhile, in the case of road construction, the existing cost estimating method in early phase based on numerical mean value of the past is not accurate to be used. This paper propose neural network model for estimating road construction cost in planning phase to solve the limit of current cost estimating method. The model was designed using past road construction bidding records, and variables of model were optimized through trial and error. The estimation result of the model was compared with regression analysis and government's standard and it was verified that the model is better in accuracy. It is expected that the proposed model will be used for road cost estimation in planning phase.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2007.11a
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• pp.607-612
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• 2007

Early cost estimation promote efficient budget plan by comparing alternatives and presenting cost information However it is hard to predict accurate cost because of vague cost standard and lack of available information in the early stage. The precious cost model has limitations in the accuracy because they are simple linear model which uses the unit cost per kilometer. This study presents the framework of early cost estimation for road construction projects to overcome the limitation of previous cost model. This study analyzed domestic and foreign cost model and cost data of previous road construction project to present method of cost model framework.

• Korean Journal of Construction Engineering and Management
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• v.10 no.4
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• pp.87-100
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• 2009

The quality of early cost estimates is critical to the feasibility analysis and budget allocation decisions for public capital projects. Various researches have been attempted to develop cost prediction models in the early stage of a construction project. However, existing studies are limited on its applicability to actual projects because they focus primarily on a specific phase as well as utilize restricted information while the amount of information collectable differs from one another along with the project stages. This research aims to develop two-staged cost estimation model for the schematic planning and preliminary design process of a construction projects, considering the available information of each phase. In the schematic planning stage where outlined information of a project is only available, the Case-Based Reasoning model is used for easy and rapid elicitation of a project cost based on the extensive database of more than 90 actual highway construction projects. Then, the representing quantity-based model is proposed for the preliminary design stage where more information on the quantities and unit costs are collectable based on the alternative routes and cross-sections of a highway project. Real case studies are used to demonstrate and validate the benefits of the proposed approach. Through the two-stage cost estimation system, users are able to hold a timely prospect to presume the final cost within the budge such that feasibility study as well as budget allocation decisions are made on effectively and competitively.

• Korean Journal of Construction Engineering and Management
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• v.21 no.3
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• pp.48-56
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• 2020

Prediction of construction cost in the planning stage that provides basic information for feasibility study, budgeting, and planning is an important factor for successful project execution. In this study, a prediction model was developed for the purpose of improving the accuracy of estimating the construction cost of Hanok in the planning stage. The cost of this model is estimated by two methods. First, the cost of wood work, which accounts for the largest portion of the total construction cost, is estimated by calculating the approximate quantity under various conditions (structure type, roof type, plane type, etc.). Second, the cost of the rest work sections except the wood work is estimated by using the unit cost model. The predictive model was verified by two case projects, and the error rate of total construction cost was -4%(case 1) and -6%(case 2). These results showed an error rate in the range that can be applied to practice in the planning stage.

• Proceedings of the Computational Structural Engineering Institute Conference
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• 2010.04a
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• pp.218-221
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• 2010

발주자는 건설 프로젝트의 주요 의사결정을 초기단계에 내리게 되므로 정확한 예산을 예측하는 것이 중요하다. 그러나 건설 프로젝트의 대형화, 복잡화 그리고 건설산업계의 새로운 패러다임인 BIM(Building Information Modeling)의 등장에도 불구하고, 초기단계에서 정확한 공사비를 예측할 수 있는 표준화된 산출방법이 없어 아직까지도 대부분의 설계사무소에서는 실시설계단계에서 확정된 설계안에 따른 견적을 이용하며 초과된 비용에 대해 통합품질을 저해하는 행위를 통해 조정하고 있다. 초기단계에서 보다 정확한 공사비를 예측하므로써 발주자는 의사결정을 함에 있어 올바른 판단을 내릴 수 있으며, 이 단계에서 발생한 정보를 활용하여 이후 단계에도 유용하게 쓰일 수 있을 것이다. 본 연구에서는 발주자 의사결정 지원시스템 상에서 BIM기반으로 개략공사비를 산출할 수 있는 프로세스를 제안한다.

• Journal of Korean Society of Steel Construction
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• v.23 no.5
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• pp.557-568
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• 2011

To effectively come up with and secure a national budget, it is very important to estimate the reasonable construction cost of each step in public construction projects. In this study, the approximate construction cost of a steel box girder bridge in the early stages of the project, on which available information is limited, was proposed using case-based reasoning. In addition, construction cost estimation models were used for existing sample design models, and the accuracy of the estimation model for the presented cost was verified. The analysis results showed that the error rate was comparatively stable. Therefore, it is expected that construction cost estimation will be effectively suggested in the country's budget preparation.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.34 no.4
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• pp.1299-1306
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• 2014

Recently, there are many roundabouts installation works which are ordered to provide convenient transportation to road users as well as to eliminate traffic accidents and traffic delays. This study propose an approximate construction cost estimation model for early stages of roundabout construction. The model is designed considering the conditions of the early stage roundabout construction sites in Jeju. The regression equation of approximate construction cost was derived through regression analysis of 25 design data of roundabout construction in Jeju, and it was analyzed to have a high prediction accuracy. Finally, results verifies high prediction accuracy of the derived regression equation. Difference between the estimation cost and the design cost was only 2.3%, 3.7%, and 5.8% that verifies the high accuracy of the proposed approximate construction cost estimation model.