• Title/Summary/Keyword: Building Cost

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Fundamental Rearch to Prepare a Direction to Improve the Design Fee Standard through Case Analysis (사례분석을 통한 설계대가 기준 개선 방향 마련 기초연구)

  • Han, Jae Goo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2020.11a
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    • pp.179-180
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    • 2020
  • In the budgeting guidelines, there are rules for calculating design fee and direct costs. However, only the design fee is calculated excluding the direct cost, which causes the cost to be insufficient. Therefore, this study is designed to analyze representative cases where direct costs are insufficient, draw out problems, and propose a way to improve design fees.

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The Predetermined Amount Estimation for the Standardization of Construction Cost Estimating System Focusing on the School Work (실적공사비 적산제도 표준화를 위한 예정가격 산정 -학교공사를 중심으로-)

  • Park, Keum-Soon;Jung, Sung-Gwan;Park, Kyung-Hun;You, Ju-Han
    • Current Research on Agriculture and Life Sciences
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    • v.26
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    • pp.31-43
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    • 2008
  • Introduction of construction cost estimating system is necessary to promote appropriate reflection of construction cost and simplified and efficient amount work. The results of this study are as follows. In the results of considering the basic concept and composition of a construction type estimating system, an example orders are concentrated on an apartment house in the country. The building appurtenant work of extension work is high(1.52) as compared with others. In regression analysis for a construction cost, the models are as follows. In a new construction work, (construction cost)=$12,004.8+4.09{\times}$(building area), and in extension work, (construction cost)=$-121.9+4.50{\times}$(building area). Accordingly, this study wishes to compare and analyzes main contents of original cost method and results cost method, and propose predetermined amount estimation device through existent literature study investigation for accumulation of the construction cost.

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Construction Cost Segregation Process using Building Information Modeling

  • Zhou, Rong;Li, Huimin;Zhang, Chengyi;Lv, Lelin;Tian, Junrui;Cakir, Sevilay Demirkesen
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.1106-1113
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    • 2022
  • Cost segregation helps reduce tax liabilities by reclassifying real property to personal property and accelerates tax depreciation of a property. A typical cost segregation study requires much time and high costs. This study proposed a BIM integrated cost segregation process that can be applied to any commercial building project. The proposed BIM-based cost segregation process was verified in a new commercial construction project. It approved that this approach can: (1) increase the cash flow for the owner and provide assistance to tax-paying enterprises; (2) enable the contractor to use it as an added value in the bidding process; (3) realize data sharing in a common platform to improve the cost segregation study efficiency and reduce costs and errors; (4) contribute to the asset management in the life cycle of buildings while filling in the blank of cost segregation process. Future studies will focus on the automation of cost segregation and asset management in building construction's life cycle.

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A Study on Remodeling Period by Cost Analysis of Finished and Equipped Materials in Apartment Building (공동주택 내/외장재 및 설비재의 비용분석을 통한 리모델링시기 검토를 위한 연구)

  • Oh Jin-Soo;Kim Ki-Hyung;Lee Myung-Sik
    • Korean Institute of Interior Design Journal
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    • v.14 no.5 s.52
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    • pp.218-225
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    • 2005
  • In this apartment market, many apartments are being reconstructed within even less than 20 years from their first construction. This entails many problems in environmental and economical facets, for which many researches are under way in several institutions and universities. International cases show that the international trend goes for remodeling of maintenance, management, and repairing rather than new building. The purpose of this study is to investigate the factors of cost evaluation for establishing the time period of apartment based on durability of material and equipment while considering the economic feasibility of apartment, when remodeling as a concept of sustainability regarding building is being vitalized. This study investigates the proper period of remodeling in consideration of weight accruing to the LC(Life Cycle) and cost based on the standardized durability. The weight of cost, period establishment analysis, and LC according durability varies the data values of remodeling periods. The physical durability and cost from this data enable the investigation into not only the repair period of individual materials of the apartment but also remodeling period.

Seismic effectiveness of tuned mass dampers in a life-cycle cost perspective

  • Matta, Emiliano
    • Earthquakes and Structures
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    • v.9 no.1
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    • pp.73-91
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    • 2015
  • The effectiveness of tuned mass dampers (TMDs) in reducing the seismic response of civil structures is still a debated issue. The few studies regarding TMDs on inelastic structures indicate that they would perform well under moderate earthquake loading, when the structure remains linear or weakly nonlinear, while tending to fail under severe ground shaking, when the structure experiences strong nonlinearities. TMD seismic efficiency should be therefore rationally assessed by considering to which extent moderate and severe earthquakes respectively contribute to the expected cost of damages and losses over the lifespan of the structure. In this paper, a method for evaluating, in a life-cycle cost (LCC) perspective, the seismic effectiveness of TMDs on inelastic building structures is presented and exemplified on the SAC LA 9-storey steel moment-resisting frame benchmark building. Results show that the LCC concept may provide an appropriate alternative to traditional performance criteria for the evaluation of the effectiveness of TMDs and that TMD installation on typical existing middle-rise buildings in high seismic hazard regions may significantly reduce building lifetime cost despite the poor control performance observed under the most severe seismic events.

Developing an Integrated Evaluation Technology for Energy- and Cost-Efficient Building Design Based on BIM in the Real-time Manner

  • Park, Jae Wan;Lee, Yun Gil
    • Architectural research
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    • v.16 no.3
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    • pp.93-100
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    • 2014
  • Existing BIM(Building Information Modeling) based energy evaluation tools cannot be utilized enough for the potential performance of BIM because most of them have not provided the integrated model for energy evaluation, assessment of the material, cost of the construction, and so on. This research aims to propose and develop a new application, EcoBIM, to support an integrated evaluation of the energy and cost efficiencies of the design alternatives within the design process. The proposed application functions as a BIM-based evaluation system that calculates energy-savings performance as well as the construction cost of the alternatives at the design stage. This study mainly focuses on the possibilities of developing the proposed technology. We also suggest an advanced design process using the proposed system, corresponding to changes of national regulations in Korea. This study deduce that EcoBIM can allow architects to make suitable decisions regarding energy- and cost-efficient designs. The proposed design process will allow architects not only to check the eco-friendly performance of design alternatives but also predict the operation cost in a certain period in the future. EcoBIM can prevent large-scale design changes required to obtain environmental certification and enable the owner to make an informed decision about the initial investment of construction according to the result of the analysis of the energy requirement at the design stage.

Stochastic analysis for Real Rate Interest of Building Life Cycle Cost(LCC) with Monte-Carlo Simulation (몬테카를로 시뮬레이션을 이용한 건축물 생애주기비용(LCC)의 실질할인율에 대한 확률론적 분석)

  • Kim, Bum-Sic;Jung, Young-Han
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2012.05a
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    • pp.161-163
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    • 2012
  • Recently on Value Engineering(VE) and Life Cycle Cost(LCC) social interests is increasing. The government Turn Key, BTL projects and public works projects, such as VE and LCC Analysis on the value and economic analysis is mandatory. And accordingly the VE and LCC analysis is underway for the various studies. However, there is a problem existing in the LCC analysis. Worth the cost varies according to the flow of time. However, the real interest rate during the LCC analysis of buildings in calculation time for interest rates and inflation are not considering the value of the flow. In other words, a few years using the average value of the deterministic analysis method has been adopted. These costs for the definitive analysis of the cost of an uncertain future, unforeseen changes resulting hazardous value. In this study of the last 15 years interest rates and inflation targeting by using Monte-Carlo Simulation is to perform probabilistic analysis. This potential to overcome uncertainties of the cost of building a more scientific and LCC Estimation of the probability value of the real interest rate is presented.

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A Study on the Life Cycle Cost Analysis of the See-through a-si Building Integrated Photovoltaic System (투광형 비정질 BIPV 시스템의 LCC 평가에 관한 연구)

  • Lee, Han-Myoung;Oh, Min-Seok;Kim, Hway-Suh
    • Journal of the Korean Solar Energy Society
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    • v.29 no.1
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    • pp.1-10
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    • 2009
  • This study was carried out to evaluate the Life Cycle Cost(LCC) of three types of RTPV(Building Integrated Photovoltaic) systems-Glass plus Granite. Crystalline BIPV and See through Amorphous BIPV-which were vertically installed to generate the same power output(76 kW level). Initial investment costs. cost. savings and maintenance costs had been predicted during the period of analysing the LCC of three types of BIPV(Building Integrated Photovoltaic) systems installed for the purpose of evaluating the LCC. In case of cost savings, it had been analyzed by measuring the amount of electric power generated, reduction in lighting load and heat & cooling loads through simulation. From this analysis, it was predicted that the See-through amorphous BIPV offering cost saving advantages demonstrated the economical efficiency similar to the Class plus Granite when it is backed by more than 20 years of durability.

Development of Cost Management Process during Design Phase based on Design to Cost (DTC(Design to Cost)기반의 설계단계 사업비관리 프로세스 개발)

  • Park, So-Hyun;Moon, Hyun-Seok;Hyun, Chang-Teak
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2009.11a
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    • pp.209-212
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    • 2009
  • The Development of Cost Management is embossed efficiently to use the budget for the construction industry. The government is exploring every efforts and polices to control increasing the budget for the construction industry. However, despite of the government's efforts, researches are insufficient for a cost management of development. Also, the changed cost of construction by frequent plan change is caused of decline in quality etc during an accomplishing project. Therefore, in this study, analyzed about principal official phase of design phase to solve the problem. In order to define clearly the target cost concepts in the planning phase apply to the DTC(Design To Cost) concept and technique at the development of cost management process which will be able to manage the enterprise expense. It's process is expected with the fact that will be the possibility efficiently of fixing target cost in the planning phase by the construction client and designer.

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An Estimation Model of Historical Cost Using BIM Library for Road Project (도로분야 BIM 라이브러리를 활용한 실적공사비 산정모델 구축)

  • Moon, HyounSeok;Ju, KiBeom
    • Korean Journal of Computational Design and Engineering
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    • v.20 no.4
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    • pp.431-442
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    • 2015
  • Currently, a BIM-based quantity takeoff (QTO) system is mainly focused on architectural projects. To perform this, diverse quantity takeoff methods such as an object-based automatic quantity takeoff, manual quantity and base functions of calculation have widely been utilizing. However, since BIM library for road projects includes structural elements associated with alignment, it is necessary to establish cost estimation system interlocked with historical cost using 3D library by each unit length. Accordingly, the aim of this study is to develop cost estimation model with using a historical cost approach so that it can be utilized in construction planning based on the BIM library for road projects. For this, based on the BIM library for road, the standardized quantity is estimated, and a process for calculating historical cost and a verification model with a 5D simulation was developed by mapping a WBS code with each BIM library object. This can be applied during the approximate cost estimation process in a project planning and an initial design phase for road projects. Besides, it is expected that these results will be utilized in constructing an optimal historical cost estimation process for project libraries.