• International conference on construction engineering and project management
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• 2005.10a
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• pp.1112-1117
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• 2005

Construction cost index is generally used to estimate the new project cost based on past construction data and to adjust contract cost when the price change of various articles and items of expenditure composing the contract occurs. In Korea, it is mostly used for adjustment of construction contract cost due to fluctuation of prices. However index adjustment rate which is used for adjustment of construction contract cost had some problems in calculating cost index of each expenditure item that could not reflect properly the change of construction cost. For supplementing these problems, the research of developing construction cost index has been executed. Through the precedent research, these problems were partially resolved but still remain. Therefore this research proposes method of making cost index that utilizes representative items of labor, material, and equipment by analyzing bill of quantity of road construction, through analysis and comparison of precedent study. By using this method, it is expected to solve problems which were not reflected in precedent studies.

• Journal of the Korean Institute of Landscape Architecture
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• v.40 no.2
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• pp.97-111
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• 2012

This study aims to find a proper construction cost calculation method by comparing unit prices of cost estimate in landscape construction among other public ordering construction projects. There were 7 out of 12 items from the actual work cost in the first half of 2011 were compared. The 12 items were classified as landscape Architectural construction and the 7 items were the approximate standard. As applied construction types, the comparable 35 items out of the 80 actual work cost items applied to 5 sites were compared to the unit price of the standard quantity per unit in March 2011, which was the approximate standard. Actual construction rate of the 7 items in the category of landscape sector was 104.86% for each item and 92.09% as a total construction cost. The high actual construction rate was caused by the high rate of seed spray depending on the status of applying rocks. However, there were more fundamental reasons for the cost generated from aslope treatment for grass and seed spray. So, it requires more detailed regulations on the modification factors for each soil type, the standard and needs to improve theillogical standard quantity per unit system. Actual construction rate of the 35 items in the applied sectors of civil engineering and architecture was 78.65% for each item and 71.31% (70.17%) as a total construction cost. This shows that actual unit cost cannot reflect actual cost structurally and standard quantity per unit system lacks practicality in terms of construction due to thelabor force. 85.1~91.2 % actual construction rate announced by the Ministry of Land and Maritime Affairs referred to the newly switched items. So the result was estimated as actual construction rate. This requires supplementation after verification in order to make the actual work cost produce at a proper rate. Also, standard quantity per unit system needs complementation with these actual data and so on.

• Journal of the Korea Institute of Information and Communication Engineering
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• v.10 no.12
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• pp.2121-2125
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• 2006

This paper shows the calculation system of construction cost rate to telecommunications engineering service that is based on the tenth article of the Engineering Technique Promotion Law. The existing construction cost rate had been calculated using the experiential statistics or quoted the foreign construction cost rates. This paper apply the theoretical method to calculate the construction cost rate instead of the existing method. To calculate it more reasonably, this paper apply the characteristic own of the current construction cost rate. The result of this paper can be introduced to calculate the construction cost rate for the telecommunication engineering service.

• Korean Journal of Construction Engineering and Management
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• v.2 no.2 s.6
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• pp.81-89
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• 2001

Construction industry has particular properties of non-continuity of production, and non-stability of market comparing to other industries. Because of them, the practical construction cost is more difficultly recognized than in manufacturing industry, so, that is various according to many projects. Therefore, it is very hard work to standardize construction cost, and it is worthy of analyzing and measuring exactly construction cost. On this study, the trouble in producing expected construction cost with original cost calculation method is progressed by the data of cost items in complete works. On the basis of analyzing data, as expected cost of practical construction is measured, it can be referred to the method and the standard of indirect labor cost rate in construction.

• Korean Business Review
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• v.19 no.1
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• pp.25-34
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• 2006

This research executed research that analyze construction cost and profitability through construction example of direction and subcontracting construction based on common private construction less than 3 billion. The results of this research, is summarized as follows. (1) Analyzed profitability about construction gross and operating profit of direction and subcontracting construction. The construction gross profit rate is 15.2% direction construction, subcontracting construction was analyzed by 1.3% high by 16.5% subcontracting construction, and the operating profit rate is 9.4% direction construction, subcontracting construction was construed by 2.3% high by 11.7% subcontracting construction. (2) Analyzed profitability about operating profit before and after deduction of 4 insurance cost of direction construction. The direction construction operating profit rate is 9.4% before deduction of 4 insurance cost, after deduction was construed that is 7.3% and operating profit rate difference after and before deduction was construed that is 2.1%. Therefore, subcontracting construction (operating profit rate 11.7%) was analyzed that last operating profitability after 4 insurance cost deduction produces more 4.4% about direction construction.

• Journal of the Korea Institute of Building Construction
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• v.5 no.2 s.16
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• pp.161-166
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• 2005

This study is to evaluate on the increased cost of construction according to the depth change of concrete slabs in apartment building. When we increased the depth of concrete slab from 150mm to 180, 210mm, the qualitative and cost of construction were calculated by the high-rise type, the unit-size type. As a result of this study, in 32 Pyong type, increment of construction cost rate appeared by $5.1\%$ in case of increase from slab 150mm to 180mm, and $10.0\%$ in case of increase from slab 150mm to 210mm. In 45 Pyong type, Increment of construction cost rate appeared by $5.7\%$ in case of increase from slab 150mm to 180mm, and $10.2\%$ in case of increase from slab 150mm to 210mm. In 55 Pyong type, Increment of construction cost rate appeared by $2.4\%$ in case of increase from slab 150mm to 180mm, and $8.9\%$ in case of increase from slab 150mm to 210mm.

• Journal of the Korea Institute of Building Construction
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• v.14 no.5
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• pp.415-422
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• 2014

There is growing difference between a planned value and an actual cost for increasing as an risk of construction cost. A construction cost index is an alternative to redeem a problem, but it is still very difficult to reduce an actual differential as a price fluctuation. Furthermore an existing theory of a construction cost index is overly complex, and is unsuitable for using in working-level. This study suggests an optimum correction rate in respect of a total construction cost. It is analyzing the actual cost of 53 public buildings that the Public Procurement Service ordered. The objects are main processes that include architectural works, mechanical works, electrical works, telecommunication works, and service facilities. It is compared a total construction cost based on absolute error rate using the median from frequentist principle. For this, it is selected the suitable regression model and set a correction rate.

• Journal of the Society of Disaster Information
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• v.4 no.1
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• pp.86-100
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• 2008

It is needed to classify the kinds of construction and demolition(c&d) debris to 6 catagories of waste concrete, waste asphalt concrete, waste wood, scraps, combustible waste and incombustible waste in order to properly do a separate discharge and to estimate unit generation rate in construction site. Also, in this case, the unit treating cost for mixed wastes should be applied with the unit treating cost for combustible waste. The construction standard materials estimation data is used for basic data for estimating unit generation rate. The mixed wastes in this data should be classified to waste wood, combustible waste and incombustible waste, and their ratio is obtained by using the unit generation rate of Asia Pacific Environment and Management Institute and Seoul Metropolitan Development Institute. The waste amounts generated from newly-built construction can be obtained from multiplying the loss rate by the amount of materials used from construction standard estimation data. Also, those from dismantling construction can be obtained by subtracting waste amount generated during newly-built construction from total input amount of materials in newly-built construction. Those in two cases can be used in construction site. It can be used for estimating the amount generated and establishing the treating plan in the case of setting up the policy of waste management and doing the environment impact assessment.

• International conference on construction engineering and project management
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• 2009.05a
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• pp.1201-1208
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• 2009

A making a decision of construction cost has important meaning and function for both contractor and owner in construction projects. Especially, it should be premised that estimating the construction cost in efficient and rational way in public construction, which is invested by government funds, for efficient execution of the budget and investment as a side of government. The systematic methodology for estimating construction cost approximately of a river facility construction project has not yet been established because of its unique characteristics including its relatively small project size in terms of cost. On this study, It collect and analyze a river facility construction historical cost data for develop an approximate cost estimating model for river applied by typical embankment section method and rate application of the others activity type. And it verify suitability of model through a that result of application of real river facility construction statement at developed model. By this study, it is expected to reasonable and systematic estimating construction cost through application of developed model.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2020.06a
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• pp.165-166
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• 2020

The standard for the cost calculation in the field of domestic construction engineering can be largely divided into the construction cost ratio method and the actual cost addition method. However, the standard for calculating the cost of the construction cost ratio method is a trend to switch to the actual cost addition method due to limitations such as not reflecting the characteristics of the construction. Therefore, this study aims to derive implications by investigating and analyzing examples of cost standards in the field of overseas construction engineering, such as the United States, and deriving directions for improvement in domestic cost standards in the future.