• Title/Summary/Keyword: Building Costs

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An Economic Evaluation Study of Office Remodeling and Green-remodeling Projects : A Simulation Approach to a Rental Office in GBD, Seoul (생애주기를 고려한 오피스 건물의 리모델링과 그린리모델링의 경제성 평가 연구 : 서울시 강남업무지구의 임대오피스 사례)

  • Lee, Seong-Ho;Lee, Jae-Su
    • Journal of the Architectural Institute of Korea Planning & Design
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    • v.34 no.3
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    • pp.23-34
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    • 2018
  • Due to a waste of energy in korea, about 525,000 which are 75 percent of total buildings are at least 15 years old buildings that need remodeling. There are two current remodeling systems. One is a remodeling system to reduce a waste of resources from the reconstruction. The other is a green-remodeling system aimed to energy savings and reducing environmental costs. This study is to analyze quantitatively these current systems with respect to the cost-benefit caused by the life cycle and suggests the political and institutional implications through the interpretation of the results. For a quantitative analysis, we analyzed reducing maintenance costs and rent benefits with simulation by using opportunity costs, construction costs, plan costs and supervision costs as expense variables and using the reduced floor area ratio, institutional incentives, energy, water resources and certified emission reduction(CER) as benefit variables. As a result of the empirical study, the green-modeling was more beneficial in the field of environment such as the energy savings, however, the final benefits of remodeling which has no green building certification costs but more floor area ratio incentives were more economical. The green-remodeling system focused on reducing environmental costs and energy savings needs a equatable institutional incentive system.

Analysing Construction Cost Index Fluctuation on Apartment Housing (공동주택 건설공사비지수의 변동추세 분석)

  • Park, Won-Young;Park, Tae-Il
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2019.05a
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    • pp.226-227
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    • 2019
  • The basic type construction cost which is the base of the building cost estimation is being adjusted according to the price changes by utilizing the apartment construction cost index in order to flexibly operate it. In this study, we analyzed the change trends and characteristics of the housing cost index for the basic type building cost model project operated from September, 2012 to March, 2018. As a result, the increase in material costs is slight while the share of the labor cost increased in the construction cost due to the rise of labor unit price, leading to a perceived increase in sensitivity of labor costs. We should be careful to keep the sensitivity of the material cost and the labor cost to an appropriate level so that the index may not be distorted.

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Cost Analysis of the Structural Work of Green Frame

  • Joo, Jin-Kyu;Kim, Sun-Kuk;Lee, Goon-Jae;Lim, Chae-Yeon
    • Journal of the Korea Institute of Building Construction
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    • v.12 no.4
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    • pp.401-414
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    • 2012
  • The adoption of Green Frame is expected to provide economic benefits, since construction costs are reduced by the in-situ production of precast concrete column and beam. The cost reduction can ultimately be realized by saving transportation costs and the overhead and profit of PC plants. The cost structure of Green Frame, which is built up using composite precast concrete members, is similar to that of a bearing-wall structure, but the difference in construction process has resulted in some cost differences for a few items. In particular, production and installation is the principal work involved in Green Frame made by precast concrete members, while form and concrete work is the principal work for a bearing-wall structure. As such, the rental time and fee for a tower crane should be compared through time analysis. To verify reliability, this study focused on developed residential projects to estimate the construction costs. Through this analysis, it was found that the costs of Green Frame were 1.57% lower than the costs of bearing-wall structure. The results of this study will help in the development of a management plan for the structural work of Green Frame.

A Study on the Analyses of Defect Occurrences and its Repair Costs in the Public Equipment of an Deteriorated Apartment House (노후 아파트 공용설비부문의 하자발생과 보수비용 분석에 관한 연구)

  • 전규엽;조극래;홍원화
    • Journal of the Korean housing association
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    • v.14 no.4
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    • pp.11-19
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    • 2003
  • This study intends to predict prospective defects and establish the plan of Preventive Maintenance through research and analysis of defect occurrences and their repair costs in the public equipment of ‘H’ apartment house from 1998 to 2001. According to results of the analysis, more than 90% of defects and their repair costs for 4 years of the building have occurred in heating, hot water and water supply equipments. In case of specific classification in each equipment, more than 60% of defects were found at hot water pipes and heating pipes, and their repair costs covered more than 60% of the total defect costs. After two repairs by ‘Preventive Maintenance’ had been performed in the year 1998, total defects and defects of each equipment each yew have increased in number from 1999 to 2001. But total repair costs and repair costs of each equipment have not increased as time has gone by, because repair costs have relationship with the price of materials and labor, the part of defect and the scale of repair.

A Study of LCCA and LCA to Evaluate Feasibility for Introducing Smart Quiescent Power Control System into Office Building (LCCA 및 LCA 분석을 이용한 오피스 빌딩에 지능형 대기전력 제어시스템 도입의 타당성 분석에 관한 연구)

  • Quan, Junlong;Lee, Seok-Jung;Choi, Hye-Mi;Kim, Kyung-Hwan;Kim, Ju-Hyung
    • Journal of the Korea Institute of Building Construction
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    • v.16 no.2
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    • pp.141-149
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    • 2016
  • Recently, in an attempt to overcome the defects of quiescent power shutdown system, smart quiescent power control system has been developed. However, due to its higher investment costs, feasibility evaluation must be conducted. While LCCA (Life Cycle Cost Analysis) model is useful to estimate net savings of alternatives that differ with respect to initial costs and operating costs, the environmental burdens are not considered. On the contrary, LCA (Life Cycle Assessment) model is suitable to assess environmental impacts associated with the stages of a product's life but it does not consider costs. In this study, a comprehensive analysis on the economic and environmental impacts of smart quiescent power control system is conducted by using LCCA and LCA model. In addition, sensitivity analysis is carried out to quantify accuracy of estimates.

Prediction of Building Construction Project Costs Using Adaptive Neuro-Fuzzy Inference System(ANFIS) (적응형 뉴로-퍼지(ANFIS)를 이용한 건축공사비 예측)

  • Yun, Seok-Heon;Park, U-Yeol
    • Journal of the Korea Institute of Building Construction
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    • v.23 no.1
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    • pp.103-111
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    • 2023
  • Accurate cost estimation in the early stages of a construction project is critical to the successful execution of the project. In this study, an ANFIS model was presented to predict construction costs in the early stages of a construction project. To increase the usability of the model, open construction cost data was used, and a model using limited information in the early stage of the project was presented. We analyzed existing studies related to ANFIS to identify recent trends, and after reviewing the basic structure of ANFIS, presented an ANFIS model for predicting conceptual construction costs. The variation in prediction performance depending on the type and number of membership functions of the ANFIS model was analyzed, the model with the best performance was presented, and the prediction accuracy of representative machine learning models was compared and analyzed. Through comparing the ANFIS model with other machine learning models, it was found to show equal or better performance, and it is concluded that it can be applied to predicting construction costs in the early stage of a project.

A Study on the Guideline of construction cost according to Size of position and Regional characteristics of New Public Libraries (신축 공공도서관의 지위적 역할에 따른 규모와 지역 특성에 따른 건립공사비 기준에 관한 연구)

  • Lee, Chul-Jae;Yun, Ji-Won;Lee, Min
    • Korean Institute of Interior Design Journal
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    • v.26 no.3
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    • pp.113-120
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    • 2017
  • As the functions and roles of public libraries expand, it is time for qualitative growth. In order to improve the quality of public libraries, it is important to plan actual construction costs through systematic feasibility study. Therefore, the purpose of this study is to present the guideline of construction costs considering the size and regional characteristics according to the status role of the new public libraries. The construction costs are based on actual data. The results of the study are as follows. First, we derived the analysis framework according to the size and regional characteristics. The status role of the public libraries was considered theoretically. The size was classified according to status role of the public libraries. Regional characteristics were classified through literature review. Through this, an analysis framework was derived according to size and region. Second, the actual data on construction costs of the new public libraries were examined and analyzed. Basic factors, size, area, and construction costs were analyzed for 285 libraries nationwide that opened from 2010 to 2016. The data of 129 newly opened public libraries were classified. To present construction costs depending on price fluctuation, construction cost index was analyzed as of September 2016. Third, a guideline of construction costs for new public libraries was suggested. The construction cost per $1m^2$ of building area was analyzed. By multiplying 116.70(p), the construction cost index, the construction cost per $1m^2$ of total building area was calculated to be 2,472,350 won. When applying the research result, construction costs can be gained by adding construction cost index of the month.

Effect Analysis of Duration and Costs According to Construction Method Selected by Design for Safety - Focused on Structural Frame for Exterior Wall Cladding - (설계 안전성 검토에 의해 선정된 공법의 공기와 공사비 영향 분석 - 외벽 바탕 구조물 공법 사례를 중심으로 -)

  • Kim, Min-Kyu;Kim, Jin-Dong;Lee, Young-Do;Kim, Gwang-Hee
    • Journal of the Korea Institute of Building Construction
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    • v.20 no.3
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    • pp.297-304
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    • 2020
  • Design for Safety(DfS) at the design stage is introduced and executed in order to fundamentally reduce the occurrence of construction safety accidents in Korea. Therefore, in this study, the construction method selected by Design for Safety can reduce safety accidents, but the effects on construction duration and costs were examined to confirm the effectiveness of various aspects. The construction method of the structural frame for the exterior wall cladding of the building, which have the factors for the fall accident, was selected for construction safety and compared and analyzed in terms of construction duration and costs. As a result, it was found to be effective not only in terms of safety, but also in terms of construction duration and costs. Therefore, it is considered that the construction method selected by the Design for Safety at the design stage will have a positive effect on the entire construction project.

ASSESSMENT OF THE COST OF UNDERGROUND FACILITIES OF A HIGH-LEVEL WASTE REPOSITORY IN KOREA

  • Kim, Sung-Ki;Choi, Jong-Won
    • Nuclear Engineering and Technology
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    • v.38 no.6
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    • pp.561-574
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    • 2006
  • This study presents the results of an economic analysis for a comparison of the single layer and double layer alternatives with respect to a HLW-repository. According to a cost analysis undertaken in the Korean case, the single layer option was the most economical alternative. The disposal unit cost was estimated to be 222 EUR/kgU. In order to estimate such a disposal cost, an estimation process was sought after the cost objects, cost drivers and economic indicators were taken into consideration. The disposal cost of spent fuel differs greatly from general product costs in the cost structure. Product costs consist of direct material costs and direct labor and manufacturing overhead costs, whereas the disposal cost is comprised of construction costs, operating costs and closure costs. In addition, the closure cost is required after a certain period of time elapses following the building of a repository.

LCC Analysis to Determine an Appropriate Apartment Rent Rate for HVAC System Renovation Projects

  • Kim, Dae Young;Lim, Hyoung-Chul
    • Journal of Korea Society of Industrial Information Systems
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    • v.20 no.5
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    • pp.107-115
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    • 2015
  • Residential building owners are turning toward renovating their existing buildings to improve old and inefficient HVAC systems. Due to the renovation, much of the added costs will inevitably be passed on to tenants by increasing rent rates. This increment often increases the vacancy rate in the buildings. To balance the interests of both owners and tenants, this paper suggested a method to determine an appropriate rental rate increment for the HVAC system renovation. A case study on residential buildings was conducted to determine a balanced point where the rental rate increment that offsets the amount tenants are willing to pay for the renovation. To calculate all costs incurred by the renovation, life-cycle cost analysis was carried out. Therefore, this paper ultimately provides a threshold value of rental rate increment such that building owners can make a reasonable decision on the HVAC system renovation.