• 제목/요약/키워드: Cost Engineering

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Life Cycle Cost Breakdown Structure Development of Buildings through Delphi Analysis

  • Jeong, Jae-Hyuk;Shin, Han-Woo;Ryu, Han-Guk;Kim, Gwang-Hee;Kim, Tae-Hui
    • 한국건축시공학회지
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    • 제12권5호
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    • pp.528-538
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    • 2012
  • With domestic construction projects becoming bigger, more specialized and more advanced, the construction industry is striving to improve quality and quantity, and is diversifying functions and shapes. Nevertheless, the process of a construction project causes problems when we estimate construction price, because the cost breakdown structures are different in each step. The primary aim of this study was to estimate building life cycle cost using the Delphi method. The cost breakdown structure for life cycle cost was classified into planning, design, construction, maintenance and waste disposal, and each detailed classification was determined by estimating life cycle cost. Moreover, the developed cost breakdown structure is verified by consulting with experts to secure objectivity and validity.

생산 시스템에서 직접 원가 분석 모델 (A Direct Cost Analysis Model in Manufacturing System)

  • 한주윤;정봉주;유일근
    • 대한산업공학회지
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    • 제29권4호
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    • pp.321-333
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    • 2003
  • Although manufacturing cost is a major part of profit in a company, it is difficult to be calculated by an analytic method. Besides, the manufacturing cost gained by simple financial structure dose not have an important meaning in market place. Therefore, an analytic method of computing the manufacturing cost is very necessary in manufacturing system. In this study, we suggested the direct cost analysis model which are able to measure accurate cost analysis of product in manufacturing system. The direct cost analysis model is made up of directly used expenditure for unit product. Also, system performances are put in the manufacturing cost analysis model so that it could be possible to analyze the change of manufacturing cost as system performances change. At the end of this paper, it verifies its relevancy and practicality of the suggested direct cost analysis model through the case study, using real data for direct labor cost.

Integrating Deep Learning with Web-Based Price Analysis to Support Cost Estimation

  • Musa, Musa Ayuba;Akanbi, Temitope
    • 국제학술발표논문집
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    • The 9th International Conference on Construction Engineering and Project Management
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    • pp.253-260
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    • 2022
  • Existing web-based cost databases have proved invaluable for construction cost estimating. These databases have been utilized to compute approximate cost estimates using assembly rates, unit rates, and etc. These web-based databases can be used independently with traditional cost estimation methods (manual methods) or used to support BIM-based cost estimating platforms. However, these databases are rigid, costly, and require a lot of manual inputs to reflect recent trends in prices or prices relative to a construction project's location. To address this gap, this study integrated deep learning techniques with web-based price analysis to develop a database that incorporates a project's location cost estimating standards and current cost trends in generating a cost estimate. The proposed method was tested in a case study project in Lagos, Nigeria. A cost estimate was successfully generated. Comparison of the experimental results with results using current industry standards showed that the proposed method achieved a 98.16% accuracy. The results showed that the proposed method was successful in generating approximate cost estimates irrespective of project's location.

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A multi-objective decision making model based on TLBO for the time - cost trade-off problems

  • Eirgash, Mohammad A.;Togan, Vedat;Dede, Tayfun
    • Structural Engineering and Mechanics
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    • 제71권2호
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    • pp.139-151
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    • 2019
  • In a project schedule, it is possible to reduce the time required to complete a project by allocating extra resources for critical activities. However, accelerating a project causes additional expense. This issue is addressed by finding optimal set of time-cost alternatives and is known as the time-cost trade-off problem in the literature. The aim of this study is to identify the optimal set of time-cost alternatives using a multiobjective teaching-learning-based optimization (TLBO) algorithm integrated with the non-dominated sorting concept and is applied to successfully optimize the projects ranging from a small to medium large projects. Numerical simulations indicate that the utilized model searches and identifies optimal / near optimal trade-offs between project time and cost in construction engineering and management. Therefore, it is concluded that the developed TLBO-based multiobjective approach offers satisfactorily solutions for time-cost trade-off optimization problems.

해외 건설엔지니어링분야 대가기준 사례분석을 통한 개선방향 마련 (The Establishment of Improvement Direction through Case Analysis of Cost Standards in Overseas Construction Engineering)

  • 고현아;한재구
    • 한국건축시공학회:학술대회논문집
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    • 한국건축시공학회 2020년도 봄 학술논문 발표대회
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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.

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화공플랜트 견적 소프트웨어 개발에 관한 연구 (Development of the Estimation Software for a Petrochemical Plant)

  • 민봉기;이재헌
    • 플랜트 저널
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    • 제8권1호
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    • pp.50-59
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    • 2012
  • The current dual-watchdog estimation system has individually calculated the construction, the engineering and the procurement cost. The dual-watchdog estimation system is inefficient and prolonged estimation period because of the lack of the interoperability and the difference of material unit cost and construction unit cost. In order to resolve this problem, new estimation software was developed. The estimation software is developed by making up for the weak points in existing estimation method. The cost data with the same standard is the key point. And this software enhanced accuracy and speed of the data search in stylized estimation standard. A summary of the construction, the engineering and the procurement cost was generated in this estimation software. The unit rate about the labor cost, equipment and expense through a sheet was handled. The developed estimation software has five categories on engineering cost, procurement cost, construction cost and subcontractor management sheet. In this study, the estimation software to supplement the faults of the existing estimation method was developed. And estimation software on petrochemical projects increases an efficiency of the estimation work.

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The Cost Monitoring of Construction Projects through Earned Value Analysis

  • Waris, Muhammad;Khamidi, Mohd Faris;Idrus, Arazi
    • Journal of Construction Engineering and Project Management
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    • 제2권4호
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    • pp.42-45
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    • 2012
  • In construction industry, the term 'procurement' is considered as a project based job where clients and contractors are always keen to observe performance indicators. These indicators represent financial and non-financial efficiency of project activities. Among these, the monitoring of financial indicators such as cost monitoring is an ongoing process and its importance cannot be undermined during the project life cycle. It can be monitored by using traditional approach of direct reporting of actual cost against budget. However, the comparison of budget versus actual spending does not indicate the worth of the work which is completed at any given time. This approach does not represent the true cost performance of the project. Because of these limitations, this paper discusses the applications of Earned Value Analysis (EVA) for cost monitoring of construction projects in Malaysia. Besides traditional approach, EVA is a three-dimensional approach that compares three cost indicators i.e. the budgeted value of work scheduled with the earned value of physical work completed and the actual cost of work completed. Therefore, cost monitoring by EVA is an objective measure of actual work performed. This paper uses a case study, an example application of EVA as a cost monitoring tool. This case study reaffirms the benefits of using EVA for project cash flow analysis and forecasting.

품질비용 개선을 위한 의사결정 프로세스 연구 : C&C 제품 실패비용 사례 분석 (A Decision Making Process for Improving Quality Cost : A Case Study of C&C Product Failure Cost)

  • 이동한;채화성
    • 산업경영시스템학회지
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    • 제33권2호
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    • pp.162-169
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    • 2010
  • This paper analyzes the difference between theoretical cost of quality and real world cost. Examined are the theoretical cost structure of quality, it's measurement styles, a process based improvement strategy of quality cost, and possible adaptation of decision making concepts in enhancing the cost structure. This study will contribute to the literature in delineating an improvement process of quality cost by adjusting service policy.

건설 신기술의 원가산정기준 개선방안에 대한 연구 (A Study of Improvements in the Standards of Cost Estimate for the New Excellent Technology in Construction)

  • 이주현;태용호;백승호;김경민
    • 한국건설관리학회논문집
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    • 제23권5호
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    • pp.65-76
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    • 2022
  • 국내 건설기술의 발전을 도모하고 국가경쟁력을 제고하기 위한 목적으로 1989년 도입된 건설 신기술 지정제도는 심사과정에서 신기술의 원가계산서를 검토하고, 설계·시공 공사비, 유지관리비 등 비용절감효과와 공사기간 단축 효과를 경제성 항목으로 평가하고 있다. 그러나 이 과정에서 고유기술에 대하여 공사비산정기준관리기관과 신기술 개발자간의 의견차이가 빈번히 발생하고 있으며, 또한 현행 신기술에 대한 원가산정기준이 단위수량당 소요량만을 제시하는 방식으로 생산성에 대한 정보가 부재하여 기존 유사 기술과의 공사기간에 대한 객관적인 비교가 어려운 실정이다. 본 연구에서는 건설 신기술 심사 시 원가산정기준 검토절차와 심사기준, 신기술 품셈 작성방법 등 현황을 분석하고 해외 원가산정기준과 비교하여 현행 건설 신기술의 원가산정기준 개선방안을 제시하였다. 제시한 개선방안은 작업조 기반의 생산성 정보를 제공하고, 적용단가를 제시하여 원가기준의 투명성을 확보할 수 있도록 구성하였으며, 신기술의 특성을 고려하여 재료비와 기계경비에 대한 원가정보 역시 제공할 수 있도록 하였다. 본 연구의 개선된 원가산정 기준을 통해 발주자에게 신기술에 대한 원가정보를 현행보다 세부적으로 제공하고, 공사비 산정 과정을 보다 간소화함으로써 건설 신기술의 활용과 현장적용성을 향상시킬 수 있으리라 기대된다.

CRM에서 제품 유용성을 고려한 최소비용 재고정책 (An Inventory Policy of the Minimum Cost with the Product Availability in CRM)

  • 임주영;김현수;최진영
    • 산업경영시스템학회지
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    • 제28권2호
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    • pp.117-124
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    • 2005
  • This study tries to develop the models of measuring the level of product availability accommodated for features of specific customers dividing customers into VIP customers and general customers. Functions of costs that the models are composed of are cost of holding safety stock and cost of lost opportunities. The existing model of measuring the level of product availability which focused on cost of holding safety stock for VIP customers should be reinforced by considering cost of lost opportunities caused by general customers' quitting trades with a company. This study tries to present realistic solutions for problems in making decisions related to the total inventory. This study concludes that the model of the level of product availability meeting general customers' needs is more efficient according to increasing of a latent demand of the general customers who quit trades with a company and the cost of lost opportunities.