• 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.

• Journal of the Korea Institute of Building Construction
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• v.8 no.1
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• pp.37-42
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• 2008

As use of construction equipment has been increasing continuingly, the proportion of equipment expense to the total construction cost has become higher. However, there is a difference between the equipment expenses section in 'Poom-Sam' and practical data, because 'Poom-sam' does not consider non-working days due to weather conditions, legal holidays and management conditions. Therefore, 'Poom-Sam' does not present a reasonable standard for estimating construction equipment expenses. In this study, to estimate realistic construction equipment operating hours, firstly, construction equipment was classified according to work, and weather conditions, in which each work could not be executed, were established. Then, weather data on Seoul and Busan($2004{\sim}2006$) and legal holidays were analyzed to suggest annual standard operating hours. The annual standard operating hours of earthmoving & excavating, compaction, and drilling equipment was estimated to be 1,430 hours, and lifting equipment, concrete paving equipment, asphalt paving equipment, concrete equipment, and crushing & conveying equipment were estimated to be 2,124 hours, 1,156hours, 1,188hours, 1,688hours, and 2,152hours respectively.

• Journal of KIBIM
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• v.5 no.1
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• pp.54-62
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• 2015

The Cities that recently developed have been applied to private network for establishing information communication network system. The local governments planning or pursuing U-City construction should also choose the private network in consideration of operation and maintenance. In viewpoint of agency operating u-City, it is necessary to integrate traditional and new network. However, there has been lack of guides to choose U-City network considering the economic analysis between private and leased network. This study analyzed the characteristics of private and leased network, and the cost-benefit by estimating the network cost and communication demand focused on U-services that are recently applied. This study purpose a guide for efficient U-City information network selected by estimating ROI(Return On Investment) and BEP(Break Even Point) for establishing private and leased network.

• Journal of the Korea Institute of Building Construction
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• v.23 no.4
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• pp.497-508
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• 2023

Manual estimation of rebar quantities by contractors often yields discrepancies between projected and actual amounts used in the construction phase, leading to cost inaccuracies and potential logistical challenges. To address these issues, there is a clear need for a method that allows precise estimation of rebar quantities during the design phase. Such a method would enhance contractor competitiveness during project bids, promote accurate cost calculations, and avert superfluous rebar purchases on-site. Given that columns are the primary structural components in reinforced concrete(RC) buildings and necessitate considerable amounts of rebar, this study focuses on creating an automated algorithm for estimating column rebar quantities. An analysis of the accurate quantities obtained via the study and those derived from manual estimation reveals a discrepancy of 0.346 tons or 2.056%. This comparison affirms the proposed algorithm's efficacy in eliminating errors from overestimation or underestimation of rebar quantities. The practical implications of this study are significant for construction companies as it fosters efficient and precise estimation of rebar quantities, ensuring compliance with related specifications and governing regulations.

• Smart Structures and Systems
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• v.32 no.4
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• pp.235-251
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• 2023

A method that can estimate global deformation and internal forces using a limited amount of displacement data and based on the shape superposition technique and a neural network has been recently developed. However, it is difficult to directly measure sufficient displacement data owing to the limitations of conventional displacement meters and the high cost of global navigation satellite systems (GNSS). Therefore, in this study, the previously developed estimation method was extended by combining displacement, slope, and strain to improve the estimation accuracy while reducing the need for high-cost GNSS. To validate the proposed model, the global deformation and internal forces of a cable-stayed bridge were estimated using limited multi-response data. The effect of multi-response data was analyzed, and the estimation performance of the extended method was verified by comparing its results with those of previous methods using a numerical model. The comparison results reveal that the extended method has better performance when estimating global responses than previous methods.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.40 no.4
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• pp.246-252
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• 2017

In the defense acquisition, a company's goal is to maximize profits, and the government's goal is to allocate budgets efficiently. Each year, the government estimates the ratio of indirect cost sector to defense companies, and estimates the ratio to be applied when calculating cost of the defense articles next year. The defense industry environment is changing rapidly, due to the increasing trend of defense acquisition budgets, the advancement of weapon systems, the effects of the 4th industrial revolution, and so on. As a result, the cost structure of defense companies is being diversifying. The purpose of this study is to find an alternative that can enhance the rationality of the current methodology for estimating the ratio of indirect cost sector of defense companies. To do this, we conducted data analysis using the R language on the cost data of defense companies over the past six years in the Defense Integrated Cost System. First, cluster analysis was conducted on the cost characteristics of defense companies. Then, we conducted a regression analysis of the relationship between direct and indirect costs for each cluster to see how much it reflects the cost structure of defense companies in direct labor cost-based indirect cost rate estimates. Lastly a new ratio prediction model based on regularized regression analysis was developed, applied to each cluster, and analyzed to compare performance with existing prediction models. According to the results of the study, it is necessary to estimate the indirect cost ratio based on the cost character group of defense companies, and the direct labor cost based indirect cost ratio estimation partially reflects the cost structure of defense companies. In addition, the current indirect cost ratio prediction method has a larger error than the new model.

• Journal of Korean Society for Quality Management
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• v.52 no.2
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• pp.275-286
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• 2024

Purpose: The spare part cost is one of the most important cost factors with which construct Life Cycle Cost. The LCSP(Life Cycle Sustainment Plan) Guidebook issued by Korea Ministry of Defense, however, suggests a simple equation to estimate the spare part cost using maintenance task frequencies and each part cost. Therefore, following the cost estimation method in the LCSP Guidebook may lead to an improper cost estimation result since both the hierarchical structure of the weapon system and the part discard rate are not considered. The purpose of this study is to develop a new life cycle cost estimation method for spare parts of weapon system during its life cycle. Methods: In this study, the detailed cost structure of spare parts is provided. Also a new spare part cost estimation methods for the each cost element are proposed, considering the hierarchical structure of weapon system and the part discard rate. And the proposed spare cost estimation methods are applied to K system for a case study. Results: Based on the case study of K system, the spare part cost estimation method, proposed by this study, shows that it can complement the estimation method suggested by the LCSP Guidebook. It also shows that it is applicable to the weapon systems for Korea armed forces. Conclusion: The proposed life cycle cost estimation method for spare parts has an advantage of estimating the spare part cost more accurately. It is expected to be useful in analyzing the procurement alternatives objectively and making up the Korea armed forces budget effectively.

• Journal of The Korean Digital Architecture Interior Association
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• v.10 no.3
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• pp.19-28
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• 2010

The construction projects are recently having changes in their magnitude and complexity. Therefore, the amount of information created and managed by participants over project phases is enormous and this may cause difficulties in consistent and integrated data management. Because of the change in construction projects, there is a need to apply more logical and systematic ways to deal integrated data management. For the solution to this, BIM(Building Information Modeling), a new paradigm for integrated management of the information over project life-cycle, has been seriously considered. Also, the Korean Public Procurement Service announced that project over 50 billion Korean Won should introduce BIM into procurement starting from 2012. However, the studies and development have lack on studies of applying BIM and managing the data made using BIM in pre-design and maintenance stage. In pre-design stage, the concept of schematic design model is made to support for making major decisions concerning the size, shape and cost of the project. To decide the cost for the building in this stage by making use of BIM, estimating the amount of building materials used for constructing should be preceded. In this study, the pre-design BIM is explained to gain a better understanding of its process, since this paper focused on space programming stage. Finally, the paper suggests the concept process of estimating the amount of materials in building interior finishing from selecting the type for the elements of each space made to support the client for making decisions in space programming stage based on pre-design BIM.

• The Journal of Fisheries Business Administration
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• v.54 no.2
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• pp.1-14
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• 2023

The sustainability of fishing villages is threatened by manpower shortages due to population aging and poor settlement conditions. In the reality of poor fishing villages, the importance of women's labor is more emphasized than that of the past because female workers are key workers in fishing labor, processing and sales of marine products. However, policy support for female fishermen is not sufficient. The reason for this is that policy makers did not properly recognize the labor value of female fishermen. In fact, fishing villages have emphasized the importance of female workforce as a slogan, but there has been no attempt to estimate the labor value. There was not even a review of the methodology for estimating the value of labor that was attempted in similar fields. As a result, the policy importance of female fishermen was underestimated for there was no attempt to evaluate their value even though women had been continuously participating in the fishery from the past. Female fishermen's labor is under the dual labor structure of housework and fishing labor. Therefore, in this study, housework and fishing labor were estimated separately and the total labor value was calculated. The basic data necessary for estimating the labor value of female fishermen were obtained through a survey. The method of estimating the labor value of female fishermen was used in combination with the present income method and the total replacement cost method. As a result of the study, the total labor value of female fishermen was about 4.4 trillion won, which is about half of the total fishery production of 9 trillion won in Korea.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.67 no.3
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• pp.358-364
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• 2018

In this study, the theoretical methodology is presented for estimating cost function based on operating modes for Combined Cycle Power Plant. The proposed method has estimated cost functions using the relationship between the gas turbine heat input and the output ratio of the steam turbine. In order to verify the proposed method, a regression analysis was performed using the single cost function estimated by the existing performance test method and the cost function for each operating mode estimated by the proposed method. The results of case studies using the 2016 generator input and output data are presented to show the effectiveness of the proposed method.