• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2007.11a
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• pp.607-612
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• 2007

Early cost estimation promote efficient budget plan by comparing alternatives and presenting cost information However it is hard to predict accurate cost because of vague cost standard and lack of available information in the early stage. The precious cost model has limitations in the accuracy because they are simple linear model which uses the unit cost per kilometer. This study presents the framework of early cost estimation for road construction projects to overcome the limitation of previous cost model. This study analyzed domestic and foreign cost model and cost data of previous road construction project to present method of cost model framework.

• Korean Journal of Agricultural Science
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• v.39 no.2
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• pp.227-242
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• 2012

Accurate estimation of milk production cost is very important for dairy farmers in establishing strategies for business management (e.g. planning a program for milk production, deciding the size of business and investment, determining the milk price for sale). Since the estimated cost of milk production is used as an important index to determine the basal price of milk in Korea, there has been much interest and debate on the method used to estimate milk production cost among the stakeholder. This study was thus carried out to identify problems in the current methodology for estimating cost of milk production, and to find a better way to improve it. We propose several alternatives and better ways to improve the current method for estimating cost of milk production. Estimation of the income and cost per head should be based on the number of cattle converted to grown cows. Cost estimation per liter of milk should be made for both whole milk and 3.4% milk fat corrected milk. The value of purchased cows and raised replacement heifers should be the same as their market value. The productive life span of cows should be less 4 years, and the terminal or salvage value of cows needs to be 30 to 40% less than her initial value. When calculating depreciation of cows over the productive life span, however, the salvage value should be 0 or 1 Korean won. On calculating labor costs, the farm labor wage corresponding to the average wage of nonfarm industrial workers should be assumed. Beside of these, better estimation procedures for other items are also given. The proposed methods from this study should improve the accuracy of estimation of milk production cost and help to achieve consensus among the stakeholder.

• Aerospace Engineering and Technology
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• v.6 no.2
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• pp.119-125
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• 2007

Space launch vehicle development needs many kinds of technologies synthetically. Nowadays, KARI (Korea Aerospace Research Institute) has developed a space launch vehicle, KSLV-I (Korea Space Launch Vehicle-I), that is able to load with an 100kg payload. After that it plans to develop Korean Space Launch Vehicle. As space launch vehicle becomes more complicate and larger, it needs a scientific and analytic development cost estimation. In this paper a cost estimation for KSLV-II using TRANSCOST 7.1 was studied.

• Journal of the Korea Institute of Military Science and Technology
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• v.14 no.4
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• pp.590-597
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• 2011

The IDRS provides detection, classification and bearing/range estimation by performing wavefront curvature analysis on an intercepted active transmission from target. Especially, a estimate of the target bearing/range that significantly affects the optimal operation of own submarine is required. Target bearing/range can be estimated by wavefront curvature ranging which use the difference of time arrival at sensors. But estimation ambiguity occur in bearing/range estimation due to a number of peaks caused by high center frequency and limited bandwidth of the intercepted active transmission and distortion caused by noise. As a result the bearing/range estimation performance is degraded. To estimate target bearing/range correctly, bearing/range estimation method that eliminate estimation ambiguity is required. In this paper, therefore, for wavefront curvature ranging, NLS cost function with curve fitting method is proposed, which provide robust bearing/range estimation performance by eliminating estimation ambiguity. Through simulation the performance of the proposed bearing/range estimation methods are verified.

• Korean Journal of Childcare and Education
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• v.9 no.4
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• pp.75-106
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• 2013

This study aimed to analyze the trends of studies on estimation of cost for early childhood education and child-care services provided by both the kindergarten and child-care centers. A total of 21 papers including academic journals and policy research reports were collected. The papers were analyzed with the annual trends, research contents, and estimation methods of cost for early childhood education and child-care services. The main results of this study were as follows. Firstly, the studies on estimation of cost for early childhood education were performed earlier than the ones on estimation of cost for child-care services. The research contents were composed of analyzing operating expenses and estimating cost for early childhood education and child-care services. Secondly, there were similarities in the estimating processes of cost for early childhood education and child-care services, but the definition of operating expenses used for the estimation of cost differed. Thirdly, there were differences in the items of operating expenses inputted to estimate cost and in the calculation procedures of items in studies. Finally, based on the results, this study suggested what future studies and policy should consider in the estimation of cost for early childhood education and child-care services.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.29 no.3D
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• pp.373-379
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• 2009

Cost estimation in the early phase enables government to plan public budgeting more efficiently by providing information about construction cost. However, cost estimation in the early phase is difficult to predict because only a little information can be utilized. The cost estimation method now being used by the government is calculated by length of the road multiplied by unit cost per length and shows high error rate because it cannot reflect the unique characteristics of each project. As the project is being proceeded, level of available information also changed. So, reflecting available information of a project is important. This paper divided early phase into two parts : planning phase and early design phase, and developed cost estimation model considering level of available information of each phase. Total 143 cases are utilized to find influencing variables and develop cost estimation model and model validation is done by adopting required accuracy level. This cost estimation model reflecting level of available information can be applied to public budgeting, feasibility test, and comparison between routes.

• Journal of the Korea Institute of Building Construction
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• v.4 no.4
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• pp.117-126
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• 2004

Construction industry is faced with the problems such as the quickly changeable circumstance and increasing construction companies due to regulation mollification of company registration. In order to overcome these problems, new estimation system based on historical estimation cost is ready to introduce by government step by step. But the time of transition for estimation system causes another problems such as chaos addition to simultaneity of a standard of estimation system and new estimation system, lack of related regulation, accumulation of historical extensive cost data, and adjustment methodology when historical estimation data is applied to next projects. The purpose of this study is to suggest the change factors by activities for estimating historical cost for apartment housing projects. New estimation system is based on historical construction data. For application of this system, the standard adjustment methodology system is necessary. and extensive cost data should be accumulated under an unified construction work classification system. Therefore in this study, according to the construction work classification system, every apartment housing project was classified to 16 work classifications, and 7 major composed items which occupy more than 85% of construction costs are analyzed by detailed activities and by average ratio and maximum ratio each of them. In the result of the study, furniture work, foundation work and masonry work are the works which have big gap of costs between average ration and maximum ratio. In addition to suggestion of change factor by work species, 5 qualified construction specialists are interviewed and change factors in 7 major works are analyzed.

• Journal of the Korea Institute of Building Construction
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• v.23 no.4
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• pp.485-496
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• 2023

Precise construction cost estimation is paramount to determining the total construction expense of a project prior to the initiation of the construction phase. Despite this, manual quantification and cost estimation methods, which continue to be widely used, may result in imprecise estimation and subsequent financial loss. Given the fast-paced and efficiency-demanding nature of the construction industry, trustworthy quantity and cost estimation is essential. To mitigate these obstacles, this research is focused on establishing an automated quantity estimation algorithm, particularly designed for the main rebar of beams which are recognized for their complicated reinforcement configurations. The exact quantity derived from the proposed algorithm is compared to the manually approximated quantity, reflecting a variance of 10.27%. As a result, significant errors and impending financial loss can be averted. The implementation of the findings from this research holds the potential to significantly assist construction firms in quickly and accurately estimating rebar quantities while adhering strictly to applicable specifications and regulatory requirements.

• The KIPS Transactions:PartD
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• v.11D no.3
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• pp.597-604
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• 2004

Accurate software cost estimation is essential to both developers and customers. Most of the cost estimating models based on the size measure methods, such as LOC and FP, are obtained through size estimation. The accuracy of size estimation directly influences the accuracy of cost estimation. As a result, the overall structure of regression-based cost models applies the power function based on software size. Many growth phenomenon in nature such as the growth in living organism, performance of technology, and learning capability of human show an S-shaped curve. This paper proposes a model which estimates the developing effort by using the growth curve. The presented model assumes that the relation cost and size follows the growth curve. The appropriateness of the growth curve model based on Function Point, Full-Function Point and Use-Case Point, which are the general methods in estimating the software size have been confirmed. The proposed growth curve model shows similar performance with power function model. In conclusion, the growth curve model can be applied in the estimation of the software cost.

• Journal of the Korean Institute of Landscape Architecture
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• v.20 no.2
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• pp.106-118
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• 1992

The landscape architecture construction cost estimation includes the repeated calculation and updating. Thus, it is time-consuming, and one of the jobs which needs to be automated first. In Korea, the IBM compatible personal computer(PC) is the most widely used one in the landscape architecture firms. However, the software for landscape architecture construction cost estimation is not being used in the PC environment. Therefore, the purpose of this study is to develop the software which can be used to automate the calculation for the landscape architecture construction cost estimation, and runs in the IBM compatible personal computers(PC). The clipper '88 summer is one of the DBMS software packages, and it has many commands and functions and functions which reduces program lines and makes the programing efficient, especially in the programing work whose total source code lines do not exceed over 10,000 lines. So, it was used in this study. The software developed in the this study was tested using the real data, and it was found that it can be efficiently used in the following jobs. They are: (1) to calculate exactly and rapidly. (2) to use resources repeatedly. (3) to print out the results. (4) to store data files for the future use. The software, as discussed in this paper, reduces the time and efforts to be spent in the calculation for the landscape architecture construction cost estimation compared with the traditional approach using the pocket calculator.