• Title/Summary/Keyword: Construction Management Method

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Valuation of Benefits from the Adoption of Project Information Management System

  • Kyong Ju Kim;Kyoungmin Kim;Ki Yong Kang;Geon Hee Lee
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1548-1552
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    • 2009
  • In the construction industry, IT has been an alternative for the enhancement of productivity and technical advances through a paradigm shift. While it has been recognized that the IT system will have a substantial influence on the industry, a quantitative valuation has been very limited. This paper has chosen EVMS (Earned Value Management System), which supports the integrated management of cost and schedule by utilizing IT tools, and which is the largest trend in the construction IT industry in Korea, in order to suggest an analysis model for the valuation of IT. The CVM (Contingent Valuation Method) is used to quantitatively measure intangible value of IT application. Then, a valuation and analysis model were suggested for the quantitative valuation of the effect of IT adoption. In terms of willingness to pay for EVMS, the expected benefits from the adoption of EVMS were US$ 584.52 per man annually. This research should be helpful for construction companies evaluating their investment to Project Management Information System.

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Progressive Design-Build: Its Functions as a Contracting Method and the Four Pillars of Project Success

  • Jeong, Euiseok;Anderson, Connor;Lin, Ken-Yu;Migliaccio, Giovanni C
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.25-32
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    • 2022
  • As a project delivery method, Design-Build (DB) has provided owner, architect, and contractor groups with a process of early design and rapid construction for the past three decades. Although there are many benefits to using standard DB, dissatisfaction has arisen due to limitations to innovate, limited owner involvement during design, and often lengthy procurement. Progressive Design-Build (PDB) has become an appealing alternative providing benefits not seen with standard DB. This paper investigates how PDB impacts a project and how it compares against standard DB; it also presents a proposed framework for evaluating the owner's responsibility and assessment of a project, which we named the "Four Pillars of Project Success". The four pillars are defined with respect to an owner's responsibility and assessment of a project, including project predictability, project risk, project schedule, and project cost. We conducted a literature review, examined several public project case studies, analyzed PDB project information collected by the Design-Build Institute of America (DBIA), and held stakeholder interviews with owners, contractors, and architects who have used both PDB and standard DB. This paper offers insight into PDB's structure and outcomes so an owner group can make an informed decision when considering PDB as their next construction contracting method.

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A Study on the Improvement Method of Construction Management for PHC Pile in an Apartment House (공동주택 PHC 파일 공사관리 개선방안에 관한 연구)

  • Yoo Jae-Wook;Kim Tae-Hui;Kim Sun-Kuk;Han Choong-Hee
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.244-247
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    • 2002
  • The pile foundations have been chosen more frequently as the comprehensive development of the country progressed, especially where the ground conditions are not suitable for the construction and the dimension and the length of the piles utilized becomes larger and longer. The purpose of this study suggests the improvement method of construction management for PHC pile in an apartment house. To do This, We analyzed about current process and provided improved Process with IDEF method. And, The objectives of this research is to propose the means to solve the current problems and management factors from the results of the investigation.

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PROBABILISTIC MEASUREMENT OF RISK ASSOCIATED WITH INITIAL COST ESTIMATES

  • Seokyon Hwang
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.488-493
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    • 2013
  • Accurate initial cost estimates are essential to effective management of construction projects where many decisions are made in the course of project management by referencing the estimates. In practice, the initial estimates are frequently derived from historical actual cost data, for which standard distribution-based techniques are widely applied in the construction industry to account for risk associated with the estimates. This approach assumes the same probability distribution of estimate errors for any selected estimates. This assumption, however, is not always satisfied. In order to account for the probabilistic nature of estimate errors, an alternative method for measuring the risk associated with a selected initial estimate is developed by applying the Bayesian probability approach. An application example include demonstrates how the method is implemented. A hypothesis test is conducted to reveal the robustness of the Bayesian probability model. The method is envisioned to effectively complement cost estimating methods that are currently in use by providing benefits as follows: (1) it effectively accounts for the probabilistic nature of errors in estimates; (2) it is easy to implement by using historical estimates and actual costs that are readily available in most construction companies; and (3) it minimizes subjective judgment by using quantitative data only.

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A Fundamental Study on the Float Application of Construction Schedule Management (건설 프로젝트 공정관리에 있어서 Float 활용에 대한 기초연구)

  • 이상범;진유나;송진우;김정길
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2003.05a
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    • pp.133-137
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    • 2003
  • Float has been just recognized spare time for disposing of unexpected conditions as by-product of CPM(critical-path-method) calculations, in spite of important method for construction period, taking in material, human supply and cost reducation in construction process management. Also float necessary follow method of contract by ownership problem and effect construct management of use. The purpose of this study was to examine current recognition and application grade of float in construction project. In addition, the study proposes improvement strategies of float application for efficient progress plan and control.

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A STUDY ON THE FEASIBILITY OF IPD METHOD IN CONSTRUCTION PROJECT IN CHINA

  • Teng Li;Jae-Jun Kim;Ju-Hyung Kim
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.493-497
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    • 2011
  • Project delivery systems have evolved over the years. Continuous changes in technology and the increasing sophistication in buildings required specialization of design and construction services. IPD as a delivery method has been used in the USA and other countries. With the development of BIM, lots of construction companies have been realizing this method since BIM came out in China. However IPD are not considered with BIM, IPD will be an important role in management system of construction. This study introduced the definition of IPD and based on the flow process of IPD, compared the process in china and other countries. Through the real project and the condition in China this paper analyzed the feasibility of IPD in China.

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Basic Study on Safety Accident Prevention System Development Using Wearable Device (웨어러블 장치를 이용한 건설사고 예방 시스템 개발 기초 연구)

  • Ryu, Han-Guk;Kang, Jin-Woo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2018.11a
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    • pp.55-56
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    • 2018
  • In order to reduce the risk of accidents, we proposed a construction safety management system combined with wearable device and LoRa (Low-Range Wireless Network) communication method to apply the usefulness of Internet (IoT) technology which means "everything connected". to construction safety management Management system. The proposed wearable safety device is a device that relays information exchange between wearable safety device and safety management server by LoRa wireless communication method. The safety management server can store workers bio-data and perform big data analysis. If a risk factor is determined from the analysis result, a warning is sent to the wearable safety device and the manager's application. The goal of this system is to prevent construction workers from entering the dangerous area that is not suitable for work, and to prevent safety accidents caused by human cause by detecting abnormal condition during work.

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Analysis and Survey on Occupational Safety and Health Management Expenses in the Construction Industry (건설업 산업안전보건관리비 사용 실태조사 및 분석)

  • Sung-Yun Kang;Oh-Se Wook;Kim-Chang Won;Kihyo Jung
    • Journal of the Korea Safety Management & Science
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    • v.25 no.2
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    • pp.113-120
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    • 2023
  • Occupational safety and health management expenses in the construction industry are statutory and separately included in the cost statement to prevent occupational accidents and health problems. The expenses are determined by multiplying the standard amount by the rate decided according to construction types and scales. However, the current expense appropriation method does not properly reflect the recent changes in the construction industry such as industry size, industry diversification, and social atmosphere about safety reinforcement. This study surveyed 1579 questionnaires in total and analyzed expense execution rate and proportion of each expense category. The expense execution rate was relative higher in complex construction (e.g., heavy construction = 126%, civil engineering = 125%) and long-period project (equal to or over 48 months construction = 133%) compared to general construction (98~116%) and short-period project (less than 48 months construction = 115%). The proportion of spending expenses was higher in the category of safety manager labor costs (25~52%), safety facility costs (22~40%), and personal protective equipment costs (10~25%). The analysis results of the study can be utilized in revising the standard expense appropriation method by reflecting the current usages of the occupational safety and health management expenses in the construction industry.

Optimizing Construction Alternatives for Scheduling Repetitive Units

  • Park, Sang-Min;Lee, Dong-Eun
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.158-160
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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 existing time-driven scheduling techniques (e.g., critical-path method). Optimizing construction alternatives contributes to 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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Integrating Real Options with Earned Value methods as a decision support tool for the financial evaluation of alternative construction methods

  • Bonsang Koo
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.129-132
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    • 2013
  • Determining on a particular construction method is typically decided in the initial phases of a project. However, changing conditions during actual construction may require a different method or technology to be employed. Providing an option for project managers to change construction provides flexibility that can increase value to the overall project. This research provides the ability to modify construction methods as a real option, which allows its value to be modeled. The research also formalizes a way to integrate a binomial lattice model with the Earned Value Method's S-curve. The integrated model provides a decision support tool that planners can use to determine whether to exercise the option depending on the status metrics provided by EVM.

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