• Title/Summary/Keyword: Cost Estimate

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Preliminary Study on the Construction of Database for BIM-based preliminary estimate. (BIM 기반 개산견적을 위한 DB구축 기초연구)

  • Jun, Kl-Hyun;Yun, Seok-Heon
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2012.11a
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    • pp.291-292
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    • 2012
  • Progress in the construction project, the estimated cost of the measure is very important. Use preliminary estimate cost data for the prediction of construction cost. But, preliminary estimate cost data a clear calculation, there is no way. it is rely on the historical data and the past construction data. As a result, a significant difference in the actual construction cost and the predicted cost of the problem occurs. In this study, taking advantage of BIM Cost Prediction for efficient and rapid preliminary estimate BIM for building database through the study preliminary estimate cost data.

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Development of Cost Estimate System Based on the Itemized Historical Data for Rural Improvement Projects (농어촌정비사업 공종별 실적공사비 적산시스템개발)

  • 김현영;이정재;김영기;오상원;전효묵
    • Magazine of the Korean Society of Agricultural Engineers
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    • v.40 no.3
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    • pp.35-41
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    • 1998
  • Cost estimate system Will be changed from the prime. cost calculation to the historical cost data because the present system has some problems. In this situation, each owner should prepare his own cost estimate system based on the historical cost data. In this study, the standard work items were classified and the criteria of their work amount computation were established for rural improvement projects. And also the historical cost data were collected in all range of rural improvement projects, and the database system, "HICOMS" (HIstorical COst data Management System) was built. In order to test the applicability of the HICOMS, standard work cost and contractor cost were compared. The results by HICOMS showed high significance and it was concluded that the HICOMS could be applicable for the cost estimate of the rural improvement projects. projects.

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A Study on Feasibility Analysis and Alternatives for Infrared Detector Development (적외선 검출기 개발가능성 및 대안 분석 연구)

  • Kim, Gyeong-Su;Min, Seong-Gi;Kim, Cheol-Hwan
    • 시스템엔지니어링워크숍
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    • s.4
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    • pp.123-134
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    • 2004
  • This paper deals with the feasibility analysis and alternatives for infrared detector development. The purpose of this paper analyze development requirement and feasibility study in both technology and cost. We get raw input data for system engineering process from development and technical expert, and then analyze cost and technology for development feasibility, and alternative study. Infrared Detector is core component of Thermal Imaging System and developed by ADD from 2006 to 2008 year. Technical level is analyzed by TRL(Technical Readiness Level) and AOA(Analysis of Alternative) is done by development and production cost estimate. We use SEER-H tool for cost estimate, that is parametric cost estimate tool based on Knowledge Base. Also this paper presents risk analysis for project management because it is necessary to risk driver management during the infrared detector development. The result of IR Detector feasibility and alternative study will be used in technical and cost analysis. This study can help those who are related to the cost analysis and development feasibility of other weapons

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A Study on the Method to Estimate the Cost of Hospice Care (호스피스의 수가 산정 방안에 관한 연구)

  • Cho, Hyun
    • Journal of Korean Academy of Nursing
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    • v.24 no.2
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    • pp.216-225
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    • 1994
  • The cost of hospice care should be covered by the insurance system if it is to be promoted in our country and this, in turn, requires a proper method to the estimate of this cost. The purpose of this study was to set up the method to estimate the cost of hospice care. First the cost effectiveness of hospice care were studied. By tracing the activities of hospice nurses for a given period, all the relevant data such as the scope and load of activities as well as the cost were collected. Then these were analysed and compared with the data obtained from hospice and home care. The results showed that the cost of hospice care was the most economic, and indicate its qualification as .1n in-dependent system. The main part of the cost of hospice care was found to be the labor cost which was up to 83% of the total. Therefore a method to estimate the cost should reflect the real labor cost. Several methods have been proposed in the study in terms of unit labor cost, service time, material cost, and the weight of the labor cost. All variables, including the service time surveyed in this study, can easily be translated into numerical values and it would not difficult to estmate the cost of hospice care. Hence by letting the hospice care be insured, hospice care can be expected to function as a good alternative to the present medical system.

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Realization of Smart Greenhouse Cost Using Greenhouse Structural Code and Greenhouse Construction Estimate (온실구조기준 및 온실공사 품셈을 활용한 스마트 온실 단가 현실화 연구)

  • Lee, Chul-sung;Kim, Hyuk;Shin, Seung-wook;Park, Mi-lan
    • Journal of the Korean Institute of Rural Architecture
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    • v.24 no.2
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    • pp.29-36
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    • 2022
  • This study analyzed the effects of building and greenhouse structural code on the structural design and the greenhouse construction cost. The over-design possibility of greenhouse was analyzed when building structural code was applied using standard smart greenhouse drawings. The possibility of decrease in greenhouse construction cost was investigated if the currently applied building structural code was replaced with greenhouse structural code. As a result of comparing the member sizes with the standard drawings, building structural code was designed with 13%~74% more steel than greenhouse structural code. When building construction estimate was replaced with greenhouse construction estimate, it was possible to reduce the total construction cost of the glass greenhouse by 17% and that of the vinyl greenhouse by 14%. Since there is no standard construction estimate suitable for greenhouses, the wage unit price is set excessively, and the construction cost of the smart greenhouse is increasing. In conclusion, it is necessary to establish greenhouse structural code and greenhouse construction estimate to lower the greenhouse construction cost.

K-1 Tank Life Cycle Cost Estimate Using PRICE Model (PRICE 모델을 이용한 K1전차 수명주기 비용추정)

  • 강창호;강성진
    • Journal of the military operations research society of Korea
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    • v.25 no.2
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    • pp.44-61
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    • 1999
  • Cost estimation has posed a significant challenge to estimators, planners, and managers in both government and military. Considerable historical evidence shows that accurate cost estimation has been difficult to achieve across a wide range of projects, including weapon systems. This paper introduces new cost estimating concept, CAIV(Cost As an Independent Variable) and a cost estimating case study using PRICE model, computer aided parametric estimating models(CAPE) for K1 tank cost estimate. CAIV concept is to set realistic but aggressive cost objectives easily in each acquisition program and to achieve cost, schedule, and performance objectives considering various managing risks with a project manager and industry teams. The Price model is one of computer aided cost estimating models and widely used in U.S. defense system analysis as a tool for CAIV. We analyze theories, inputs, outputs of the PRICE model and present a case study for K1 tank to estimate costs in requirement and concept phase, program and budgeting phase, and life cycle phase. Finally we obtain results that the Price model can be used in various phases of PPBEES depending upon available data and time.

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Conceptual Cost Estimate Method of Public Office Building Structural Frame Work by Regression Analysis (회귀분석을 통한 공공청사 골조 공사의 개산견적 방안)

  • Jo, Yeong-Ho;Choi, Hyun-Jun;Kim, Jung-Won;Yun, Seok-Heon
    • Journal of the Korea Institute of Building Construction
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    • v.20 no.2
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    • pp.147-153
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    • 2020
  • It is important to estimate the optimal construction cost at the early stage of the project. In this regard, conceptual cost estimate is an important factor for estimate optimal construction cost. However, domestic conceptual cost estimate are only used as cost per unit area according to the building type, and it's accuracy is not high. Hence, the purpose of this study is to calculate the approximate quantity and cost for reinforcing bars, concrete, and formwork by presenting a regression formula based on the total floor area of the common work items in the frame work. In order to verify the accuracy and validity of the regression formula presented in this study, a comparative analysis was performed by applying the regression formula and the traditional approximate quantity take-off method to real cases. As a result, the estimated error rate of the traditional method was -102~+55%, and exceeded the estimated conceptual cost estimate accuracy range of -50~+100% suggested by AACE(American Association of Cost Engineering). On the other hand, the error rate of the regression formula method presented in this study was -6.4~+11.62%. This can be used not only for conceptual cost estimate range of accuracy, but also for detailed estimates. However, it is necessary to analyze the factors that affect the unit price as well as quantity in order to calculate the appropriate cost.

Cost Analysis Study : Development of HVAC&R System Cost Estimation and Prediction Methodology for Office Buildings (사무소 건물의 HVAC&R 시스템 공사비 분석방법 및 예측에 관한 연구)

  • Cho, Jinkyun;Shin, Seungho;Kim, Jonghurn
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.26 no.3
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    • pp.115-121
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    • 2014
  • HVAC&R system costs can often be one of the most expensive components, representing approximately 15% of the total construction cost for office buildings. Despite their significant importance, there is a lack of a consistent and homogeneous framework to approximate the estimate research. This research deals with the prediction methodology of HVAC&R system cost with the aim of establishing a common idea for the analysis of the construction cost estimate. Our approach deals with the concept of an HVAC&R set that is composed of subsystems. The matrix combination analysis is examined, and total 960 HVAC&R system cost estimation can be implemented to large scale office buildings.

The Socioeconomic Cost of Diseases in Korea (질병의 사회.경제적 비용 추계)

  • Ko, Suk-Ja;Jung, Young-Ho
    • Journal of Preventive Medicine and Public Health
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    • v.39 no.6
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    • pp.499-504
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    • 2006
  • Objectives : The aim of the study was to estimate the annual socioeconomic cost of diseases in Korea. Methods : We estimate both the direct and indirect costs of diseases in Korea during 2003 using a prevalence-based approach. The direct cost estimates included medical expenditures, traffic costs and caregiver's cost, and the indirect costs, representing the loss of production, included lost workdays due to illness and lost earnings due to premature death, which were estimated based on the human capital theory. The cost estimates were reported at three different discount rates (0, 3 and 5%). Results : The cost of diseases in Korea during 2003 was 38.4 trillion won based on 0% discount rate. This estimate represents approximately 5.3% of GDP The direct and indirect costs were estimated to be 22.5 trillion (58.5% of total cost) and 15.9 trillion won (41.5%), respectively. It was also found that the cost for those aged $40\sim49$ accounted for the largest proportion (21.7%) in relation to age groups. The cost of diseases for males was 23.5% higher than that for females. For major diseases, the total socioeconomic costs were 16.0, 13.4, 11.3 and 11.19% for neoplasms, and diseases of the digestive, respiratory and circulatory systems, respectively. Conclusions : This study can be expected to provide valuable information for determining intervention and funding priorities, and for planning health policies.

COST ESTIMATE AT EARLY STAGE USING CASE-BASED REASONING

  • Kihoon Seong;Moonseo Park;Hyun-Soo Lee;Sae-Hyun Ji
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.883-889
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    • 2009
  • The importance of cost estimate in early stage such has been increasing due to market change and severe competition in construction industry. Because the adjustable budget is only 20% after design stage, most of the crucial decisions to influence cost is made in the early stage. However, in the early stage, the project scope is not defined completely so that estimator has inaccurate information to make critical decision. Therefore, this research suggests the cost estimate method using case-based reasoning. Case-based reasoning is appropriate for the early cost estimating, as it has the strength of rapidity and convenience in cost estimation. This research analyzes 84 actual data of public apartment on the scale of 11~15 stories. In order to extract the most similar case, at the first step this research identifies influence factors and calculates attribute similarity. In case-based reasoning, the most challenging task is determining attribute weight. At the third step, this research calculates case similarity which is aggregated attribute similarity multipled by attribute weight. Finally, extracts the most similar case which has the highest score of case similarity.

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