• Proceedings of the Korean Institute of Building Construction Conference
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• 2012.05a
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• pp.137-138
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• 2012

Domestic construction materials market was about 65 trillion won and it occupied 45% level of total construction cost by 2007. In addition, due to the recent rapid rise of crude oil and iron ore price, fluctuation of raw material cost has a great influence to the cost of construction industry. This means that smooth performance is closely related to construction materials. And among them, because of high putting rate of metal materials, it can be seen that the fluctuation of metal material prices is an important variables. So in this study, for the pre-study to analyze the impact of metallic material prices to construction cost, the researcher analyzed a causal relationship between metal material prices and construction cost.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2019.05a
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• pp.246-247
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• 2019

This study was conducted to provide useful information to enable planned repair and cost planning during the operation and maintenance phase of aged multi-family housing. For this purpose, The concept of probabilistic maintenance cost analysis considering the risk factors of the aged multi-family housing is presented in the following six steps. 1. Risk factor investigation and analysis 2. Classification and deriving of maintenance cost 3. Investigation and deriving cost maintenance cost of old apartment house 4. Analysis of expert questionnaire 5. Analysis of Monte -Carlo simulation 6. Probabilistic maintenance cost Deriving the result. This study has limitations that need to be verified by applying actual data.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2009.11a
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• pp.253-256
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• 2009

To the success of the megaproject including various and complex facilities, it is needed to establish a database system. Developments in data collection, storage and extracting technology have enabled iPMIS to manage various and complex information about cost and time. Especially, when we consider that both the go and no go decision in feasibility, Cost is an important and clear criteria in megaproject. Thus, Cost data modeling is the basis of the system and is necessary process. This research is focus on the structure and definition about CBS data which is collected from sites. We used four tools which are Function Analysis in VE, Casual loop Diagram in System Dynamics, Decision Tree in Data-mining, and Normalization in SQL to identify its cause and effect relationship on CBS data. Cost data modeling provide iPMIS with helpful guideline.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2019.11a
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• pp.184-185
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• 2019

The purpose of this study is to suggest the improved methods for cost sharing in apartment remodeling projects. Case studies on apartment remodeling projects with different plan type were analyzed and compared. Cost sharing estimated by 'proportional rate method' shows similar results estimated by 'return on investment method' in case of similar area ratio of existing plan to remodeling plan. Otherwise cost sharing estimated by 'proportional rate method' shows great differences comparing the results estimated by 'return on investment method'. Although return on 'proportional rate method' is widely used, it is not proper to estimate cost sharing when each householder's contribution for the project varies, such as considerable differences area ratio of existing plan to remodeling plan. Improved cost sharing method is needed taking into account project contribution and characteristics.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2023.05a
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• pp.347-348
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• 2023

In construction sites, small-scale construction quantities or limited work hours below the daily work volume may occur due to on-site conditions. For small-scale quantities, the input of equipment and labor is designed based on an hourly basis in the invoice, resulting in a difference from the actual cost. In this study, we aim to explore solutions from the perspective of construction cost standards to secure appropriate construction costs for small-scale and time-limited construction sites. Firstly, to preserve the basic construction costs on-site, we established standards where half the cost would be charged for construction quantities below four hours and a full day's cost would be designed for construction quantities between four to eight hours. Additionally, realistic construction cost calculation standards are expected to be provided by realizing a surcharge rate for work hour limitations to secure appropriate construction costs.

• Korean Journal of Construction Engineering and Management
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• v.6 no.1 s.23
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• pp.125-132
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• 2005

Domestic construction firms make every effort to save cost and, contrarily, enhance quality for competitive advantage in the market. Structural work of building construction takes chaise of the total cost and schedule, thus elaborate planning and management of the work help to lead the project into a successful way. Therefore, the idea to save time and cost and enhance constructability securing quality and safety of the work should be developed after analyzing the designed documents and site conditions comprehensively in the initial construction planning phase. Value Engineering (VE) technique is introduced in the substructural work in this paper to save cost creatively and systematically in the design and construction phase. A practical VE model that is applied to the underground building work systematically is proposed to save cost and it applies to the actual project to confirm the effectiveness of the model.

• Journal of the Korea Institute of Building Construction
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• v.8 no.2
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• pp.81-87
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• 2008

High-rise building is taking a place as one of building types from apartment housings to commercial buildings. With taking in account of stability and durability, strength of used materials is increasing gradually in these high-rise buildings. According to this, frequency in use of SD500 re-bar is increasing gradually in high-rise buildings. However the study of SD500 re-bar is insufficient because SD500 re-bar started to be used for domestic buildings lately. Specially because there is no guide or study to refer to, people get into difficulties when to decide the method of re-bar connection in construction using SD500 re-bar. Accordingly in this study, it suggests the method of estimating the economical efficiency on SD500 re-bar connection, and conducts benefit/ cost analysis on lapped splice and coupler splice by applying AHP theory, and then presents its result. After to analyze re-bar diameter of D25, 29, and 32, finally we attained the result that the coupler splice is advantageous in all parts of benefit/ cost more than the lapped splice.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2008.11a
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• pp.159-165
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• 2008

For deciding the profitability and feasibility of the construction project, the schematic estimation has to not only link the design decision-making but also estimate the cost with reliability. The Object-based schematic estimation system was developed for easily linking with design-making and supports to evaluate the design alternatives in the design development stage but didn't consider the cost estimated by object supplementary and parameter work item. This research presents the Integrated Object-Parameter Schematic Estimation Model in the design development stage that can lead to more accurately estimate the cost through analyzing historical data from the high-storied office buildings. For the development of the proposed model for schematic estimation, after analyzing and classifying the work items from the Bills of Quantities(BOQs) and drawings of historical data, this research proposed the methods of estimating cost in accordance with attributes of each work item using regression analysis. In addition, a case study is performed for the effectiveness as comparing the proposed model with the previous estimating model.

• Korean Journal of Construction Engineering and Management
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• v.8 no.2
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• pp.173-181
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• 2007

The purpose of this study is to estimate elemental costs of an apartment building. The adapted research method includes a case study from $^{\circ}{\AE}H^{\circ}{\phi}$ construction company. The results of this study are as follows: 1) An elemental cost format of an apartment building is proposed, 2) An elemental cost table based on a case study of $^{\circ}{\AE}H^{\circ}{\phi}$ construction company is suggested.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2022.04a
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• pp.227-228
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• 2022

In order to achieve the goal of cost management, which is one of the three major management goals of building production, this paper introduces an approximate cost estimating automation technology in the design stage as the importance of predicting construction costs increases. BIM is used for accurate estimating, and the quantity of structural members and finishing materials is calculated by creating a 3D model of the actual building. However, only 2D basic design drawings are provided when making an estimating. Therefore, for accurate quantity calculation, digitization of 2D drawings is required. Therefore, this research calculates the quantity of concrete structural members by calculating the area for the recognition area through 2D drawing recognition technology incorporating computer vision. It is judged that the development technology of this research can be used as an important decision-making tool when predicting the construction cost in the design stage. In addition, it is expected that 3D modeling automation and 3D structural analysis will be possible through the digitization of 2D drawings.