• Journal of the Korea Academia-Industrial cooperation Society
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• v.17 no.9
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• pp.533-542
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• 2016

The periodic maintenance of bridges is necessary once they have been constructed and its cost depends on various factors, such as their condition, environmental conditions and so on. To make a decision support system, it is essential to establish a basic reconstruction cost model. In this study, a regression model is suggested for calculating the reconstruction cost for typical cases and influential factors, depending on the type of bridge and its components, by analyzing the basic bridge specifications based on the data of the Bridge Management System (BMS). The details for each case were estimated in consideration of the cost calculation variables. The details for each case were estimated in consideration of the cost calculation variables. The cost model for the new construction of the superstructure, substructure and foundation and the temporary bridge construction and demolition costs were drawn from the regression analysis of the estimation results of typical cases according to the cost calculation variables. The reconstruction costs for different types of bridge were obtained using the cost model and compared with those in the literature. The cost model developed herein is expected to be utilized effectively in maintenance decision making.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.21 no.1
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• pp.138-147
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• 2020

The construction field is one of the most representative job creation businesses, but it has been pointed out that the overall quality of the jobs is low because of the nature of the order-made production industry, such as unstable employment structure, aging workforce, etc.. Accordingly, the government plans to implement the "prevailing wage system" that guarantees a minimum wage for construction site workers. In reality, however, only a market wage could be used for a construction cost estimation because there was no standard for the prevailing wage. A comparative analysis of the prevailing wage and market wage was performed. This paper proposes a framework for estimating the reasonable prevailing wage in the construction industry. The results showed that the prevailing wage was estimated to be 4.7% lower than the market wage when the proposed framework is applied to the carpenters' case. This suggests that the proposed model could be used as an alternative for market wage considering the original purpose of the prevailing wage. This study will construct the basic data for scientific analysis on the wage, and finally, help estimate the reliable prevailing wage in the future.

• Korean Journal of Construction Engineering and Management
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• v.20 no.6
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• pp.89-97
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• 2019

Recently, BIM has been actively introduced in construction projects. In particular, the introduction of BIM in cost estimating process is expected to improve the accuracy and efficiency of the cost estimate. However, the quantity calculation and BoQ documents preparation process still require manual work. Although the BIM model may support quantification process, it is still problematic that the level of detail of the model must be very detailed to meet the items in BoQ. To address this, it is necessary to analyse the LOD criteria and to analyze the extent to which quantity can be computed according to the level of detail in the BIM model. For the analysis of LOD-based work items, the work item grades were divided into A,B, and C. In this study, the ratio and cost of each item that can be calculated at the LOD level in the detailed design phase are reviewed for each type of work, and the method for improving the quantity calculation using BIM is proposed. In the LOD 300 stage(Detailed design stage), the largest number of items in the class B, the major improvement class, are window and glass work. In addition, the most expensive type of work was analyzed by reinforced concrete work. In the future, it is necessary to suggest appropriate improvement way for items with high item ratios and items with high cost ratios. The results of this study are expected to be used as a BIM-based cost estimation or as basic data for improving the current BoQ system.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.353-358
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• 2001

Since the financial crisis broke out, liquidity has become the critical issue in housing construction industry. In order to secure liquidity, it is prerequisite to precisely forecast cash flow. However, construction companies have failed to come up with a systematic process to manage and forecast cash flow. Until now, companies have solely relied on the prediction of profits and losses, which is carried out as they review business feasibility. To obtain more accurate cash flow forecast model, practical pattern of payments should be taken into account. In this theory, basic model that analyzes practical housing payment collection pattern resulting from prepayments and arrears is described. This model is to complement conventional cash flow forecast scheme in the phase of business feasibility review. Analysis result on final losses in cash that occur as a result of prepayment and arrears is considered in this model. Additionally, in the estimation of construction cost in the phase of business feasibility review, real construction prices instead of official prices are applied to enhance accuracy of cash outflow forecast. The proportion of payment made by a bill and changes in payment date caused by rescheduling of a bill are also factored in to estimate cash outflow. This model would contribute to achieving accurate cash flow forecast that better reflect real situation and to enhancing efficiency in capital management by giving a clear picture with regard to the demand and supply timing of capital.

• Journal of KIBIM
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• v.3 no.2
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• pp.19-27
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• 2013

The application of the BIM for the KEPCO' new headquarters in Naju involved alternative approaches and accompanied many trials-and-errors as the project adopted new targets and purposes that were not used in Korea before. In particular, for a large BIM-based project, clearly defining the BIM-including the objective, scope and the outcome-is critical for a project owner. For a successful implementation, project owners should improve the utilization of the BIM. Against this background, this research examines the case of the BIM application for the KEPCO' new headquarters in Naju, identifies its effects and problems, and proposes how to improve application of the BIM for public projects. The improvement in the BIM application can be divided into several stages: project order, design development, construction, and post-construction maintenance. In the initial stage, it is important to fully discuss the project planning among participants, and clarify the goal, scope, expected outcomes and role of the BIM. In the design stage, the level of detail (LOD) for the 3D model should be defined in consideration of information use in the stages of estimation and construction. In the construction stage, the scope of project that is managed based on the processing and use of the BIM data should be clearly given and understood. After construction is complete, measures should be sought to use the BIM for maintenance, and corresponding requirements and outcomes should be provided. The analysis is expected to provide basic data for successful implementation of BIM-based public projects, by assisting project owners and involved parties in enhancing work in different stages of a project.

• Ocean Science Journal
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• v.41 no.4
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• pp.245-254
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• 2006

Long term wave climate of both extreme wave and operational wave height is essential for planning and designing coastal structures. Since the field wave data for the waters around Korean peninsula is not enough to provide reliable wave statistics, the wave climate information has been generated by means of long-term wave hindcasting using available meteorological data. Basic data base of hindcasted wave parameters such as significant wave height, peak period and direction has been established continuously for the period of 25 years starting from 1979 and for major 106 typhoons for the past 53 years since 1951 for each grid point of the North East Asia Regional Seas with grid size of 18 km. Wind field reanalyzed by European Center for Midrange Weather Forecasts (ECMWF) was used for the simulation of waves for the extra-tropical storms, while wind field calculated by typhoon wind model with typhoon parameters carefully analyzed using most of the available data was used for the simulation of typhoon waves. Design wave heights for the return period of 10, 20, 30, 50 and 100 years for 16 directions at each grid point have been estimated by means of extreme wave analysis using the wave simulation data. As in conventional methodsi of design criteria estimation, it is assumed that the climate is stationary and the statistics and extreme analysis using the long-term hindcasting data are used in the statistical prediction for the future. The method of extreme statistical analysis in handling the extreme vents like typhoon Maemi in 2003 was evaluated for more stable results of design wave height estimation for the return periods of 30-50 years for the cost effective construction of coastal structures.