• Proceedings of the Korean Institute Of Construction Engineering and Management
• /
• 2007.11a
• /
• pp.503-508
• /
• 2007

The Equipment Expenses section of the Poom-Saem, that is used for Construction Cost Estimation on public sectors in Korea, has been rarely revised, and so does not reflect changes of construction equipment technology and construction methods, since it was established based on data from Japan and the U.S in the early 1960s. In order to make reasonable estimation of maintenance costs(Interest, Storage, Insurance, Tax), the equipment expenses section of the Poom-Saem and the domestic and overseas documentary records were investigated. Further, 16 construction sites were visited, and 20 Construction Equipment leasing services were surveyed. Based on results from analysing figures related with the estimation of maintenance costs, the maintenance cost is redefined. Then, construction equipment was classified into 6 exclusive construction equipment and general one, and realistic figures of the maintenance cost, which consists of interest, storage, insurance, tax, are suggested respectively. The optimum level of each item which consists of equipment costs was revealed based on the result of the analysis on the figures of equipment costs calculation from the Poom-Saem and the collected data. The research will be the foundation that helps to estimate appropriate construction costs and the ground work of related studies.

• Proceedings of the Korean Institute of Building Construction Conference
• /
• 2015.05a
• /
• pp.138-139
• /
• 2015

Human productivity of Boring Machine for stack is provided but not its hourly workable quantity(Q-value) in the Equipment ownership cost and expenses section of the Poom-Same that is used for construction cost estimation of public sectors in Korea, which leads to less realistic and subjective estimation for the works. The optimized Q-value of the machine is proposed as a result of thorough investigation into many of its operations.

• Korean Journal of Construction Engineering and Management
• /
• v.13 no.6
• /
• pp.121-132
• /
• 2012

The current estimation system of construction equipment cost was first introduced in 1960's when general contractors had ownership of equipment. However, most of construction equipment in construction sites has been rented from equipment leasing company these days. Therefore, the improvement of current cost estimation system is therefore inevitable in order to advance domestic construction industry. This study is aimed to suggest the improved system by analyzing nationwide market rental rates of major construction equipment. A user friendly prototype of actual database grounded on actual market rental rates collected from over 200 leasing companies in the nation was proposed. The database includes various rates and statistics analyzed by different form of contract as well as different region. Using the collected data, "The Cost Estimate System in Construction Equipment Database" was developed by using VBA(Visual Basic for Applications). The system makes users convenient to utilize the rental rates by choosing equipment and region, and various types of contract.

• Korean Journal of Construction Engineering and Management
• /
• v.9 no.1
• /
• pp.155-166
• /
• 2008

The Equipment Expenses section of the Poom-Saem that is used for Construction Cost Estimation of public sectors in Korea has been rarely revised, and so does not reflect changes of Construction Equipment technology and construction methods, since it was established based on data from Japan and the U.S in the early 1960s. In order to make reasonable estimation of equipment expenses for a bulldozer and a loader, the domestic and overseas documentary records were investigated. Further, 16 construction sites were visited, and 20 Construction Equipment leasing services were surveyed. The optimum level of each item which consists of equipment costs was revealed based on the result of the analysis on the figures of equipment costs calculation from the Poom-Saem and the collected data. The research will be the foundation for applying the rapid development of Construction Equipment and technology to the appropriate cost estimations and the ground work of related studies.

• Journal of Applied Reliability
• /
• v.16 no.3
• /
• pp.224-230
• /
• 2016

Purpose: Military maintenance involves corrective and preventive actions carried out to keep a system in or restore it to a predetermined condition. This research develops an optimal maintenance cycle for aviation oil testing equipment with acceptable reliability level and minimum maintenance cost. Methods: The optimal maintenance policy in this research aims to satisfy the desired reliability level at the lowest cost. We assume that the failure process of equipment follows the power law non-homogeneous Poisson process model and the maintenance system is a minimal repair policy. Estimation and other statistical procedures (trend test and goodness of fit test) are given for this model. Results: With time varying failure rate, we developed reliability-based maintenance cost optimization model. This model will reduce the ownership cost through adopting a proactive reliability focused maintenance system. Conclusion: Based on the analysis, it is recommended to increase the current maintenance cycle by three times which is 0.5 year to 1.5 years. Because of the system's built-in self-checking features, it is not expected to have any problems of preventative maintenance cycle.