• Title/Summary/Keyword: Building Cost

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Analysis of Change of Construction Material Price by International Oil Price Fluctuation (국제유가 변동에 따른 건설자재가격 변화 분석)

  • Park, Jin-Yong;Byun, Jeong-Yoon;Yoo, Seung-Kyu;Kim, Ju-Hyung;Kim, Jae-Jun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2012.05a
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    • pp.319-320
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    • 2012
  • International oil prices is the world's leading macroeconomic indicators. Rising international oil price has been worsening. profitability of construction company including material cost as well stagnation in housing market. Thus, according to fluctuations in international oil prices has cost index need to see any change happening there. in this study, 2000 to 2011 interest rates, exchange rates and oil price fluctuations in construction cost is to compare the impact.

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A Study on the Cost Hierarchical System of Nuclaer Power Plant Construction Project for Introcusting Earned Vaule Management System (성과관리시스템(EVMS) 도입을 위한 원전 건설사업비 관리체계 세분화 방안에 관한 연구)

  • Lee, Sang-Hyun;Kim, Woo-Joong
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2019.05a
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    • pp.230-231
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    • 2019
  • The nuclear power plant construction project is large-scale, has various stakeholders and computer system, and is produced and managed a large amount of information. The domestic nuclear power plant construction project has accumulated data based on many years of experience in the system. It has the competitiveness to suggeest alternatives that meet the requirement of the client in the overseas nuclear power plant project. Earned value management, which integrates schedule and cost, is possible to risk management. It was developed the earned value management system considering the the actual data properties and types of the preceding nuclear power plant construction projects. It will be able to increase the nuclaer power plant export competieiveness. Therefore, it was palned to carry out future stuies so that it be able to complement the measure to integrate cost and schedule in consideration of actual data(quantity of activity, etc.).

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Optimizing Construction Alternatives for Repetitive Scheduling (반복공정 최적 공법대안 선정 방법)

  • Park, Sang-Min;Lee, Dong-Eun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2015.05a
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    • pp.132-133
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    • 2015
  • Efficient scheduling and resource management are the key factor to reduce construction project budget (e.g., labor cost, equipment cost, material cost, etc.). Resource-based line of balance (LOB) technique has been used to complement the limitations of time-driven scheduling techniques (e.g., critical-path method). Optimizing construction alternatives contributes cost savings while honoring the project deadline. However, existing LOB scheduling is lack of identifying optimal resource combination. This study presents a method which identifies the optimal construction alternatives, hence achieving resource minimization in a repetitive construction by using genetic algorithm (GA). The method provides efficient planning tool that enhances the usability of the system.

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Analysis of Construction Work Breakdown Structure of Maintenance of Educational Facility (학교시설물 유지관리를 위한 공사 분류 체계 분석)

  • Ryu, Hanguk
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2015.05a
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    • pp.251-252
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    • 2015
  • Enough school facility maintenance data should be accumulated in a database or data warehouse in order to supply information about school facility correct maintenance budget plan, budget assignment, and cycle and rate of maintenance or replacement. For those, this research analyze the present school facility maintenance practice and budget and construction cost structure. In order to solve the problems, this study analyze the present practice of maintenance and replacement and obtain LCC(Life cycle cost) data, perform expert interview and then establish construction work breakdown structure of maintenance of educational facility by combining work breakdown structure(WBS) and cost breakdown structure(CBS).

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Development of a Simulation Model for the Productivity Analysis of Form Work in Multi-Family Housing Construction projects (공동주택 거푸집 공사의 생산성 분석을 위한 시뮬레이션 모델 개발)

  • Kang, Dong-Wan;Moon, Hyun-Seok;Hyun, Chang-Taek
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2009.11a
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    • pp.193-198
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    • 2009
  • It is an important issue in cost management to contract with the standard of cost estimate by the reasonable way in public construction projects. For the standard of cost estimate based on the Standard Estimating System, there is a difference of labor inputs between Standard Estimating System and actual quantities in construction projects. The duration of form work in multi-family housing depends on the manpower compared with other work, which is the critical path on the schedule management to be decided quality, and is the important to the cost management of construction projects. This study presented a simulation model of the productivity analysis for selecting the standard work type of form work in Multi-family housing construction projects.

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Work Management Model to Integrate Schedule and Bill of Quantity (산출내역서.공정 통합관리 모형 구축에 관한 연구)

  • Park, Hong-Tae;Park, Chan-Jeong
    • Journal of the Korea Institute of Building Construction
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    • v.2 no.4
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    • pp.153-161
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    • 2002
  • Recently our government operates earned value management system (EVMS) for improving work management system of the construction projects over specific scale. The EVMS is based on the integrated management between construction cost and schedule. the existing systems, however, are focused on the cost management by using work quantity. This study suggests a work management model to integrate construction cost with activity information. The model introduces a work task concept as a tool that can connect construction rest to activity information. The suggested model in this study is verified by using actual data for the applicability to practical construction projects.

Impact of shear wall design on performance and cost of RC buildings in moderate seismic regions

  • Mahmoud, Sayed;Salman, Alaa
    • Earthquakes and Structures
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    • v.21 no.5
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    • pp.489-503
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    • 2021
  • This research aims to investigate the seismic response of RC shear wall buildings of 5-, 6-, 7-, 8-, 9-, and 10-story designed as conventional and ductile and located in moderate seismic zone in Saudi Arabia in accordance with the seismic provisions of the American code ASCE-7-16. Dynamic analysis is conducted using the developed models in ETABS and the design spectra of the selected zone. The seismic responses of a number of design variations are evaluated in terms of story displacements, drift, shear and moments of both conventional and ductile building models as performance measures and presented comparatively. In addition, pushover analysis is also performed for the lowest and highest building models. Cost estimate of ductile and conventional walls is evaluated and compared to each other in terms of weight of reinforcement bars. In addition, due to the complexity of design and installation of ductile shear walls, sensitivity analysis is performed as well. It is observed that conventional design considerably increases induced seismic responses as well as cost compared to ductile one.

Construction Safety Risk Assessment Method Based on Accident Loss Cost in the Construction Phase (시공단계의 사고손실 비용 기반 건설안전 위험성 평가 방안)

  • Lee, Jae-Hyun;Jeong, Jae-Wook;Jeong, Jae-Min
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2023.05a
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    • pp.407-408
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    • 2023
  • This article proposes a method to assess construction safety risk during the construction phase based on accident loss costs. Risk assessments for hazardous construction work are required by law, but they lack quantitative criteria. To address this, a survey estimated loss costs due to fatalities in the construction industry, finding labor loss cost and delay reimbursement cost to be the largest factors. The proposed method uses algorithm to calculate expected accidents and risk levels based on project characteristics, work methods, personnel, and environment data. This method is expected to enhance the reliability and usability of risk assessments during the construction phase of construction projects.

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Relationship of Ceramic Insulation Panel System Development and Verification of LCC

  • Han, Min-Cheol;Jeon, Kyu-Nam;Lee, Gun-Cheol;Kim, Tae-Hui
    • Journal of the Korea Institute of Building Construction
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    • v.12 no.4
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    • pp.386-392
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    • 2012
  • In this study, life cycle cost (LCC) is analyzed according to insulation panel system type using a deterministic LCC analysis method. Through this analysis, it was found that the construction cost in the deterministic LCC analysis for Ceramic panels was low compared to the construction cost for metal and stone panels. Also, the difference in cost between the Ceramic panel and the metal panel was about 2 times. In the area of maintenance cost, it was found to be similar to the previously analyzed construction cost, in which the metal panel has the highest cost due to the high cost of construction and the frequent need for maintenance. In the case of the stone panel, a small difference in cost is shown compared with that of the Ceramic panel, but the cost is higher than the Ceramic panel. Regarding the cost of waste disposal, the Ceramic panel can reduce the cost by at least 1.5 times and up to 2 times compared to other panel systems. Finally, in the analysis of sensitivity according to changes in discount rates, the Ceramic panel and metal panel systems have a similar cost, and the cost of the metal panel is a bit larger than that of other panel systems. Thus, in the subjects used in the analysis, the Ceramic panel system shows the highest economic benefits.