• Title/Summary/Keyword: Building Cost

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Apartment house project cost schedule for integrated management BIM-based BoQ application plan (공동주택 프로젝트 비용일정통합 관리를 위한 BIM 기반 BoQ 구축 및 활용 방안)

  • Zheng, Lianyi;Kim, Woong-Gi;Ham, Nam-Hyuk;Kim, Jae-Jun
    • Journal of KIBIM
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    • v.11 no.2
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    • pp.1-16
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    • 2021
  • Since entering the 21st century, the construction industry has developed faster and faster, and more and more technologies have been applied in the construction industry. BIM technology (Building Information Modeling) was born in this environment. The application of BIM technology can greatly improve the efficiency of cost management and help achieve the goal of cost management. But through BIM to realize project cost management, there is still no good solution. In order to solve this problem, this paper puts forward the concept of WBS structure applied to construction projects by studying the BoQ (Bill of Quantities) list based on BIM, and proposes the numbering method of the structure. The WBS (Work Breakdown Structure) structure proposed in this paper divides more than 5000 cost objects into 133 projects according to the type of work and project schedule. This structure helps to realize the application of BIM in project cost management. Although this article has studied more than 5000 data of three projects, it does not think that it can cover all cost objects in the existing construction industry. The purpose of this article is to propose a solution for cost and Process Control using BIM-based BoQ data.

The Establishment of Improvement Direction through Case Analysis of Cost Standards in Overseas Construction Engineering (해외 건설엔지니어링분야 대가기준 사례분석을 통한 개선방향 마련)

  • Ko, Hyun A;Han, Jae Goo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2020.06a
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    • pp.165-166
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    • 2020
  • The standard for the cost calculation in the field of domestic construction engineering can be largely divided into the construction cost ratio method and the actual cost addition method. However, the standard for calculating the cost of the construction cost ratio method is a trend to switch to the actual cost addition method due to limitations such as not reflecting the characteristics of the construction. Therefore, this study aims to derive implications by investigating and analyzing examples of cost standards in the field of overseas construction engineering, such as the United States, and deriving directions for improvement in domestic cost standards in the future.

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A Process for Replacing BIM Property Information about Internal Finishing of Office Building in Design Phase (업무시설 설계단계 BIM 내부마감 속성정보 교체 프로세스)

  • Han, Ji-Ho;Nam, Dong-Hee;Park, Sang-Hun;Koo, Kyo-Jin
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2023.05a
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    • pp.207-208
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    • 2023
  • The procedure of predicting the construction cost and selecting the best alternative is performed based on comparative review of each building case. In the case of office building, it is required continuously until design is complete, since the owner requirements are various and likely to change during the design process compared to a standardized apartment. However, since the comparison work for each alternative in practice uses only the unit construction cost, there is no correlation between the alternative and the final result, and it is difficult to quantitatively determine the effect of the determined design factor on the total construction cost. It is needed that a means to support the generation of design alternatives using similar building cases during the design phase. This paper proposes a BIM-based data replacing process to support creating and comparison of design alternatives of internal finishing for office building. When design alternatives are created through the proposed process, it is possible to compare several similar cases with current project under equivalent design circumstance. Because only some finishing properties are replaced while maintaining the shape information such as the length, height, and base constraint of the object to be replaced.

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Existing and progress control research of Existing quantity the integrated information Uses WBS-CBS. (WBS-CBS통합정보의 실적수량에 의한 기성 및 진도관리에 관한 연구)

  • Ahn, Jae-Hong;Lee, Young-Do
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2009.11a
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    • pp.261-264
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    • 2009
  • Construction projects are managed by focusing on the results of projects. Moreover, cost and schedule are managed separately even though the efficiency of integrated management is very high. This paper proposes existing and progress control research of existing quantity the integrated information uses WBS-CBS. Schedule and cost are most important in construction projects. Specially, progress and cost are relationship of the managing integrated in many construction management. The quantity of materials for the works of construction is the base to create activities and a network. The quantity of materials of materials for the elemens of a building is a base of cost estimation and resource. allocation. This study suggest method for relating the schedule and cost information through the case study of construction field engineers.

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A Conceptual Framework of an Agent-Based Space-Use Prediction Simulation System

  • Cha, Seung Hyun;Kim, Tae Wan
    • Journal of Construction Engineering and Project Management
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    • v.5 no.4
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    • pp.12-15
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    • 2015
  • Size of building has a direct relationship with building cost, energy use and space maintenance cost. Therefore, minimizing building size during a project development is of paramount importance against such wastes. However, incautious reduction of building size may result in crowded space, and therefore harms the functionality despite the fact that building is supposed to satisfactorily support users' activity. A well-balanced design solution is, therefore, needed at an optimum level that minimizes building size in tandem with providing sufficient space to maintain functionality. For such design, architects and engineers need to be informed accurate and reliable space-use information. We present in this paper a conceptual framework of an agent-based space-use prediction simulation system that provides individual level space-use information over time in a building in consideration of project specific user information and activity schedules, space preference, ad beavioural rules. The information will accordingly assist architects and engineers to optimize space of the building as appropriate.

Quantifying Risk Factors on Cost Performance By Characterizing Capital Facility Projects

  • Jang, Myung-Hoon;Cha, Hee-Sung
    • Korean Journal of Construction Engineering and Management
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    • v.7 no.4 s.32
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    • pp.177-183
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    • 2006
  • Risk-based estimation has been successfully introduced into the construction industry. By incorporating historical data associated with probability analysis, risk-based estimate is an effective decision support aid in considering whether to launch a particular project. The industry challenges, however, especially related with management issues, such as labor shortage, wage growth, and supply chain complexity, have often resulted in poor cost performance. The insufficient assessing the project characteristics (i.e., resource availability, project complexity, and project delivery method) can be the main reasons in the poor cost performance. Because the accuracy level of cost performance prediction can be enhanced by extensive evaluation of the subject project characteristics, a new approach for predicting cost performance in an earlier stage of a project can improve the Industry substantiality, in other words, value maximization. The purpose of this paper is to develop a new methodology in developing a risk-based estimate tool by incorporating extensive project characteristics. To do this, an extensive industry survey was conducted from both private and public sectors in building industry in Korea. In addition, significant project characteristics were identified in terms of cost performance indicator. Although the data collection is limited to Korean industry the suggested approach provides the industry with a straightforward methodology in risk management. As many researchers maintained that front-end planning efforts are crucial in achieving the successful outcome in building projects, the new method for risk-based estimation can Improve the cost performance as well as enhance the fulfillment in terms of business sustainability.

Cost Prediction Model for Building Demolition Work by Using Regression Analysis (회귀분석을 이용한 건축물 해체공사비 예측모델)

  • Kim, Taehoon;Kim, Young Hyun;Cho, Kyuman
    • Journal of the Korea Institute of Building Construction
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    • v.21 no.2
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    • pp.105-112
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    • 2021
  • While the scale of the domestic market for demolition work is steadily increasing, research on cost prediction for demolition work is insufficient. Thus, this study proposes a cost prediction model for demolition work that reflects various attributes influecing the fluctuation of demolition cost. 13 influencing factors and historical cost data were collected based on literature review and experts' advice, and two prediction models were constructed through regression analysis and the prediction accuracy was evaluated. As a result, it showed an average error rate of about 6 to 12%, and it was possible to explore the possibility of use as a reliable prediction model. The results of this study can contribute to estimating appropriate construction cost and improving related standards for domestic demolition works in the future.

A Presentation of a Cost Classification System for Gas Plant Construction Projects

  • Park, Moonsun;Kim, Yongsu
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.625-626
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    • 2015
  • The purpose of this study is to present a cost classification system that can be used in gas plant construction projects. Towards this end, it examined the detailed statements of the construction companies which had experience in carrying out plant construction projects. Based on the above, it also presented a life-cycle (i.e., EPCC) cost classification system for the gas plant construction projects by conducting the Delphi analysis through the expert opinions.

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Analysis of the Productivity and Indirect Cost Rates Estimation in the Steel Plant (철골 공장가공의 생산성 및 공장간접비율 실태분석)

  • Kim, Kyoung-Won;Ahn, Bang-Ryul;Tae, Yong-Ho;Huh, Young-Ki
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2012.05a
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    • pp.333-336
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    • 2012
  • In modern Construction Industry, as accumulation of capital and improvement of technology skills, buildings are becoming higher and more enormous, also the portion of steel works has been increasing. In addition, it is necessary to predict the optimum level of construction cost in a reasonable way. The composition of construction is direct construction cost, indirect construction cost and so on. However, it is not enough to study about indirect construction cost rather than direct construction cost. In this study, the state of productivity and indirect construction cost are analyzed in the steel production. As a result, the productivity and ratio of indirect cost in steel plant by inserted per 1ton are suggested.

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PROCESS RESEARCH FOR DEVELOPMENT OF STRUCTURAL COST ESTIMATING MODEL BASED QUANTITY - FOCUSED ON PUBLIC OFFICE BUILDING PROJECT -

  • Soo-Min Kim;Jung-Kyu Seo;Sung-Uk Kim;Chang-Hyun Shin;Yung-Jin Kim;Jae-Youl Chun
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1170-1175
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    • 2009
  • When managers estimate exact construction cost at early stage and design phase, they can reduce construction cost in a more efficient way than to predict at construction stage. But, the current of public construction cost estimation and management is concentrated almost after detailed design phase. Therefore, construction cost management in design development phase to generally use approximate estimating is not correct. Also, the existing construction cost used the method that estimated by gross floor area-based cost estimates at design development phase. So, it is difficult to show the specific amount of materials and basis about the estimated cost of the construction. This study derived problems and limits of construction management at design development phase in case of public office building project through review of literature and current survey, and suggested estimating process model process of structural construction cost go improve these matters.

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