• Journal of the Korea Institute of Building Construction
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• v.3 no.2
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• pp.95-102
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• 2003

Financial difficulties and claims frequently stop construction works and cause subsequent contract cancellations. However, as the criteria to assess costs have not been established, many cases of legal disputes over the assessment of cancellation costs are taking place and the concerned parties are suffering the loss of time and money. Therefore, the present research aimed at developing a rational and systematic model of cancellation cost assessment following the cancellation of contracts. The research was carried out in the following methods and scopes. 1 ) The research was focused on the assessment of fair cancellation costs from constructors' side for contracts cancelled by any causes for which the owners have liability. 2) To obtain basic materials about cancellation cost assessment methods, contracts, claims, contract cancellations and construction-related laws at home and abroad were examined. 3) A cost assessment model was developed for systematization and efficient operation of cancellation cost assessment, and the reliability and efficiency of the proposed model was verified through a case study. The conclusions drawn from the research are as follows. The importance of the cancellation cost assessment model was confirmed as, using the cancellation cost assessment model, direct cancellation cost and indirect cancellation cost could be assessed systematically, the number of disputable items could be reduced because reasonable evidences of actual spending were presented, and the loss of constructors could be minimized because systematic and rational cost assessment became possible for many disputable cases of indirect cancellation cost, which the constructors had been unable to prove so far though having spent.

• Journal of the Korean housing association
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• v.17 no.4
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• pp.65-72
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• 2006

Most of buildings have been deteriorated with time-elapse by reflection of the building location, material, environmental circumstances and so on. The performance would go down and be demolished if anything could not be done after constructed. The maintenance should be required to preserve a decent living condition or improve a inferior condition by various plans and practices. The maintenance plan needs various data such as a repair scope, a repair time, a forecasted cost, a plan of management and so forth. Among the above required data for planning the maintenance, the deterioration characteristics of the building components would be first analyzed. The deterioration pattern would be a key role to affect and make a maintenance plan. In this paper, it aimed at classifying the deterioration patterns of building components. A deterioration pattern would be analyzed between the cumulative repair cost and time-elapse and modeled with these relations. A deterioration patterns are classified into 4 types-a accelerated type, a straight type, a temporary type and a slowly type. As a result of this research, a accelerated type includes window, window frame, general paintings, general water proofing in building components. A straight type includes the lacquer paintings, furnishings in building components and water supply pipe, boiler, sanitaries in mechanical facilities and lighting in electric facilities. Based on these research results, further study should be conducted to include any other components and an estimating model.

• International conference on construction engineering and project management
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• 2007.03a
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• pp.96-105
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• 2007

This paper presents a study on the impact of variation of construction material prices on the feasibility of building projects in Vietnam. The paper makes use of Monte-Carlo simulation for financial risk analysis of net present Value (NPV) and internal rate of return (IRR). To well illustrate the influencing, a case study is presented. The research results show that there is a strong correlation between steel prices, gold prices, and $US exchange rate. Outputs of statistics also reveal that the concurrent variation of prices of cement, steel, sand, brick, formwork and stone has strongly negative impact on NPV and IRR of building projects. The results also indicate that the proportion of steel cost to total construction cost is 17.95% which is the cause of risks for the feasibility of building project in Vietnam. The paper stresses that feasibility study of building project must integrate the impact of construction materials prices in order to mitigate risks in developing countries as Vietnam.

• Journal of the Korean housing association
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• v.21 no.2
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• pp.59-67
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• 2010

The maintenance cost plays a important role to plan the scale of the apartment housing such as a number of household, building area and building type. Therefore, it is required to forecast the cost considering various maintenance characteristics. The maintenance characteristics are floor area, number of household, heating type, site area and etc.. In addition, the maintenance cost are classified into 5 area. These are a personal expense, facility maintenance cost, energy and water cost, insurance and sanitary cost. These five cost area are related with various characteristics and brought up the estimation model using the stepwise multiple regression analysis. The energy and heating cost share over the 50% in the total cost and the personal expense cost shares about 40%. The personal expense cost per area is 5,272 won/$m^2{\cdot}yr$ irregardless of heating type and the district heating type is a higher cost than other type. In facility maintenance cost, the central heating type is 2,015 won/$m^2{\cdot}yr$ and higher than other type. The estimation models have good statistics in each model. Most of the model have a determination coefficient over 0.7 and Durbin Watson value between 1.5 and 2.5.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2010.05a
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• pp.225-228
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• 2010

It is an social issue that is various claim related on the defect of apartment house. The cost of defect repair is the most important matter that residents dispute constructers with the huge time wasting and cost loss. For resolve the matter of defect claim, it must to be analyze to the cost property that study and find to pending issue about the cost of defect repair. Therefore this study is investigated the cost property of defect repair relation on correlation analysis and regression analysis around the judgement cost. Consequently, cost of the judgment is associated with cost of the accusation and cost of the defect repair, is recognizable as them that is closely connected. Meanwhile, the more time of take effect and time of lawsuit increase, the more cost of the judgment decrease by draw the regression equation. On the contrary, there are same aspects in the case on the cost of the accusation and cost of the defect repair.

• Journal of the Korea Institute of Building Construction
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• v.2 no.4
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• pp.123-129
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• 2002

This research is aiming to specify the requirement of the investment such as initial cost, running cost earning rate to make effective investment considering the purpose of remodeling and economical value of store building enough to meet the initial purpose of remodeling. The review of earning rate for economical evaluation was performed by the on-site auditing on the structure and function of the building and applying the assessment simulation program, which is to find the possible business model to identify the requirement of building owner through case study. After the research, the following results are obtained. First, it is important that many aspects should be carefully analysis and the best method should be selected as characteristics of remodeling can tie defer each other in their implementations. Second, though the remodeling of exist buildings to promote the functions has been applied. no suitable assessment tool has bee developed for deriding the level of remodeling in the view of economical efficiency so far. Third, the economical benefit was evaluated by analysing annual earning rate which is applied by investment items and recovery period for the investment. More specific data base should be established to apply the suggested economic accession in business enough to forecast the future circumstances. More researches should be promoted on this area continuously as well as the integrated economic evaluation of remodeling on existing building.

• Proceedings of the Korea Committee for Ocean Resources and Engineering Conference
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• 2003.10a
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• pp.163-166
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• 2003

Hull form designers have to design a ship with satisfying an economical, technical and environmental demand. When it is concerned by a technical and environmental demand, there will be a economical demand left to criticize optimization. In this case, there were used to be requirements which needs to meet only a best performance not concerning about input of Human resource. Life cycle's cost contains building cost and operation cost so that now we need to check Man Hour cost in building a ship. This research shows a correlation between hull form information, i.e. curvature, length, breadth and thickness of surface and Man Hour of the Shell plating manufacture with using Artificial Neural Network and Gentic Programming. This study will support to classify initial work, to have a high assumption possible through predicting a Man Hour and to provide a guide book to infer a building cost and a economical optimization hull form.

• Journal of the Korea Institute of Building Construction
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• v.7 no.1 s.23
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• pp.63-70
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• 2007

The aims of this study are to draw the project risk factors by grasping the relation especially between the construction preparation cost calculation and the project risk factors in the project's bidding stage, and to draw the cost estimate based on the risk when the orderer or the constructer performs the project and the main factors in calculating the most suitable construction cost by clarifying the understanding degree of the influence between the risk factors and the construction cost. In addition, this study can give a help to the proper decision -making through the prediction of the construction preparation cost, and this study is expected to give the basic data in developing the assessment tool for the most suitable construction cost of the project.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2011.11a
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• pp.17-18
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• 2011

Over the past 20 years, Researchers have tried to develop "Integration Model of Cost and Schedule" in construction industry. They suggested various models and techniques, however, it is still required to develop new methodology for AL Form Work in Public Multi-Housing Projects. Accordingly, this research focused on measuring quantity take-offs of on-going projects and analysing the basic process of using the resources(Labor, Material, Plant) related to cost and time data. There are 3 steps of this research : 1) The literature review of previous studies about Integration Model of Cost and Schedule was conducted. 2) Model for integration between cost and schedule was developed. 3) the accuracy of developed model was verified. The results are expected to improve in integrated managing the cost and schedule data of AL form work.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2017.05a
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• pp.101-102
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• 2017

This study was carried out as basic study to apply to construction site the HPC method which is being developed. The construction cost of HPC method was analyzed in comparison with conventional method (half slab method). With regard to research method, it was decided that data on construction work carried out by half slab method was analyzed. According to the results of study, in case of being applied to the construction work using a divided column, the number of columns was decreased. So, it was shown that member production cost, and transport and assemblage cost reduced. In case of being applied to construction work using an undivided column, the analysis showed that there was little difference in construction cost. Therefore, the analysis showed that, if HPC construction method was applied to large structure using a large column, the construction cost was reduced to some extent in comparison with conventional half slab method.