• Title/Summary/Keyword: Estimated Construction Cost

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MORDERN METHODS FOR TUNNEL (지하철 터널 굴착공법)

  • Heo, Jin
    • Journal of the Korean Professional Engineers Association
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    • v.14 no.3
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    • pp.9-21
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    • 1981
  • The rationalization for Tunnel Drifting is based on the high productivity which is achievable due to Continuous work with a Jumbo Drill, resulting in a much higher efficiency them the Conventional method of blasting, mucking and supporting services. Large projects of over 4,000m Tunnel Drifting are condidated to justify the use of a Jumbo Drill with a combination of superior explosives, machinery and techniques. During a Tunnel Drifting test, Gulita, Nabit and slurry made by Nitro Nobel were employed with following results. 1, Conditions: a. Granite Rock with Two free face b. Burden (W), 2m c. Diameter of hole, 42mm d. Depth of hole 3.5m e. Hole pitch 0.6m f. Charged Explosive per hole Gelatin Dynamite 4 pieces (112.5${\times}$4ea)+Guuita 5 pieces(110g${\times}$5ea) g. Simal-taneous Detonation h. After the blasting resultant rock size was Less 40% of the 0.3m Lumps. 2. Calculation results W=q/Wn=100cm‥‥‥Burden in simultaneous blasting 0.865kg(7.7ea)/hole ‥‥‥Amount of charge but hole pitch is 1.5W-2W The estimated cost of using a Jumbo Drill for the Construction of a 3,000,000 bbL sub-surface oil storage would be as follows: This calculation is based on the Jumbo Drill advancing 3.6m per blasting cycle. Unit cost/bbL Excavation $3.13 The attached sheet shows ideal Drilling pattern with Burn Cut & Smooth blasting method. In conclusion, it is my opinion that this method will assure safety and save cost and improve our technical know-how.

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Schematic Cost Estimation Method using Case-Based Reasoning: Focusing on Determining Attribute Weight (사례기반추론을 이용한 초기단계 공사비 예측 방법: 속성 가중치 산정을 중심으로)

  • Park, Moon-Seo;Seong, Ki-Hoon;Lee, Hyun-Soo;Ji, Sae-Hyun;Kim, Soo-Young
    • Korean Journal of Construction Engineering and Management
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    • v.11 no.4
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    • pp.22-31
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    • 2010
  • Because the estimated cost at early stage has great influence on decisions of project owner, the importance of early cost estimation is increasing. However, it depends on experience and knowledge of the estimator mainly due to shortage of information. Those tendency developed into case-based reasoning(CBR) method which solves new problems by adapting previous solution to similar past problems. The performance of CBR model is affected by attribute weight, so that its accurate determination is necessary. Previous research utilizes mathematical method or subjective judgement of estimator. In order to improve the problem of previous research, this suggests CBR schematic cost estimation method using genetic algorithm to determine attribute weight. The cost model employs nearest neighbor retrieval for selecting past case. And it estimates the cost of new cases based on cost information of extracted cases. As the result of validation for 17 testing cases, 3.57% of error rate is calculated. This rate is superior to accuracy rate proposed by AACE and the method to determine attribute weight using multiple regression analysis and feature counting. The CBR cost estimation method improve the accuracy by introducing genetic algorithm for attribute weight. Moreover, this makes user understand the problem-solving process easier than other artificial intelligence method, and find solution within short time through case retrieval algorithm.

A Study on Economic Evaluation and Conceptual Design of Compressor Station for Transmission Pipeline in Artic Area (극한지 배관망 승압기지 개념설계 및 경제성평가에 관한 연구)

  • Cho, Won-Jeong;Kim, Sei-Yun;Han, Hyo-Jun;Kwon, Hwee-Ung
    • Journal of the Korean Institute of Gas
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    • v.22 no.5
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    • pp.24-30
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    • 2018
  • In the case of arctic area long-distance natural gas transmission pipeline, it is necessary to construct capable facilities to maintain the gas pressure because the gas pressure is reduced according to the pipeline characteristics and route conditions. In order to maintain the proper NG pressure, it is necessary to secure economy considering the cost of main equipments of the compressor station, construction and operation cost when the compression ratio is shortened or increased by constructing the distance of the compressor station. Therefore, In this study, preliminary study on construction of arctic area long-distance transmission pipeline was reviewed and conduct conceptual design by constructing main equipments process that can reduce the construction cost of the compressor station in arctic area. In particular, in order to evaluate economic feasibility of the long-distance transmission pipeline in arctic area, the virtual area for Yakutsk~Aldan region(Russia) was supposed. The total pipeline length of the virtual is 533km, The scenarios for the location of the compressor station presented. The capacity estimated about the main equipments of the compressor station. As a result, the economic evaluation method reviewed which can minimize the construction cost of the compressor station.

PRT Benefit Estimation Study; Focused on Nan-Gok line (PRT시스템 도입시 편익산정 연구; 난곡노선을 중심으로)

  • Lee, Jin-Sun
    • Journal of the Korean Society for Railway
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    • v.14 no.4
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    • pp.370-375
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    • 2011
  • In this paper, as a follow-up PRT studies of "J. Lee & K. Kim[2]", in terms of public transportation systems, economic feasibility of PRT systems was investigated. Based on previous studies, PRT demand was estimated and the required number of PRT vehicles has been calculated and the benefit was estimated. To ensure the economic feasibility, construction cost of a PRT system should be the level of 8 billion won per km, and the annual operating costs of the PRT system construction should be approximately 4.63% level. As a result, how much to reduce PRT construction costs, depending on whether decisions are considered to be economically feasible. Thus, PRT technology development will be conducted by targeting the most lightweight and by minimizing the infrastructure and vehicles of PRT.

Development of the Operating Cost Estimation Models to Evaluate the Validity of Urban Railway Investment (도시철도 투자타당성 평가를 위한 운영비용 추정모형 개발)

  • KIM, Dong Kyu;PARK, Shin Hyoung;KIM, Ki Hyuk
    • Journal of Korean Society of Transportation
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    • v.34 no.5
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    • pp.465-475
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    • 2016
  • Since inaccurate demand estimation for recent urban rail construction may result in financial burden to cities, precise prediction for operating cost as well as construction costs is necessary to avoid or reduce budget loss of the local or central government. The operating cost is directly related to the public fare and affect a policy to determine the rate system. Therefore, there is a pressing need to develop an estimating model for reliable operating cost of urban railway. This study introduces a new model to estimate the operating cost with new variables. It provides a better prediction in accuracy and reliability compared to the existing model, considering the feature of urban railway. For verification of our model, railway operation data from a few cities for the last five years were comprehensively examined to determine variables that affect the operating cost. The operating cost was estimated in a dummy regression model using five independent variables, which were average distance between stations, daily trains distance, total passenger capacity of a train in a train, driving mode(manned/unmanned), and investment type(financial/private).

A Feasibility Study of the Construction Project in Pre-Design Phase (건설 프로젝트의 사업타당성 분석에 관한 연구)

  • 노병옥;이상범;임남기
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2002.05a
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    • pp.109-113
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    • 2002
  • Urban public service is goods and activities which satisfy public demands for the political, social, economic, cultural activity and household affairs of individual or groups and which urban government supply with free of charge. In view of government, in addition to fairness of facilities location, location of such facilities are to be determined the respect to cost of locating facilities and developmental direction in the future. Therefore, it is necessary to study on feasibility. A feasibility study Is an effective tool in determining the decision of investment or not and the level of investment priority on Projects requiring a sizeable investment and the feasibility of a project. The first, it is to select reasonable location. It was selected four and two by consideration of facilities distribution and connection with others. Six proposal selected was estimated by five element of approach, demand, symbol, reality, environment. In result proposal I was chosen. The next, it is to estimate scales. The finally, it is to study on economical efficiency. Net Present Value was came out ₩4.4billion by 20years and Inter Rate of Return showed up 11%. in addition, it offer various benefit by public facilities. In conclusion, this project is reasonable.

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Analysis Method of the Damages to Rights of Light due to the Construction of the Bridge in Rural Areas (농촌지역에서 교량건설에 따른 일조 피해 분석 방법)

  • Lim, Jae-Han;Lee, Ji-Young;Jung, Jin-Ju
    • Journal of the Korean Institute of Rural Architecture
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    • v.10 no.1
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    • pp.67-74
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    • 2008
  • Recently, construction of bridges in rural areas has been increased to preserve the natural environment. However this brings forth the disputes over rights of light in farmland. In urban areas, the disputes over rights of light have been settled on the authority of the national architectural law and only sunshine hours for winter solstice are considered. Basically, the point at issue is different between each case. The main issues of the dispute in rural area were the reduction of the crop cultivation and the increase of the heating cost in winter. The purpose of this study is to review the mediation process in national environmental dispute resolution commission to resolve these issues, and to set up the analysis method of rights of light and modelling equation of solar position. Furthermore, we aimed at analyzing the damaged hours of daylights in rural housing and the infringement rate of daylight in farmland through the case study. In conclusion, we estimated the sunshine hours during the whole damaged periods according to the elements of bridges, and presented the solution process of dispute over rights of light due to the construction of bridge in rural area.

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A completely non-contact recognition system for bridge unit influence line using portable cameras and computer vision

  • Dong, Chuan-Zhi;Bas, Selcuk;Catbas, F. Necati
    • Smart Structures and Systems
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    • v.24 no.5
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    • pp.617-630
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    • 2019
  • Currently most of the vision-based structural identification research focus either on structural input (vehicle location) estimation or on structural output (structural displacement and strain responses) estimation. The structural condition assessment at global level just with the vision-based structural output cannot give a normalized response irrespective of the type and/or load configurations of the vehicles. Combining the vision-based structural input and the structural output from non-contact sensors overcomes the disadvantage given above, while reducing cost, time, labor force including cable wiring work. In conventional traffic monitoring, sometimes traffic closure is essential for bridge structures, which may cause other severe problems such as traffic jams and accidents. In this study, a completely non-contact structural identification system is proposed, and the system mainly targets the identification of bridge unit influence line (UIL) under operational traffic. Both the structural input (vehicle location information) and output (displacement responses) are obtained by only using cameras and computer vision techniques. Multiple cameras are synchronized by audio signal pattern recognition. The proposed system is verified with a laboratory experiment on a scaled bridge model under a small moving truck load and a field application on a footbridge on campus under a moving golf cart load. The UILs are successfully identified in both bridge cases. The pedestrian loads are also estimated with the extracted UIL and the predicted weights of pedestrians are observed to be in acceptable ranges.

Automated Data Analysis of Floor Plans for the Remodeling of Apartment Housing

  • Seo, Wonseok;Kim, Seongah;Park, Junseok;Kim, Jinyoung
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.1059-1066
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    • 2022
  • In 2020, it was estimated that more than 2.4 million households in South Korea are over 30 years old. That is, more than 40% of all houses in Korea are old and that they require proper rehabilitation. The two options to improve poor living conditions are reconstruction and remodeling. Compared to reconstruction, remodeling has advantages in terms of the construction period, cost, and environmental impact. As such, the current Korean regulations are more favorable for remodeling than reconstruction. Typically, several candidate floor plans are presented in the early stages of an apartment remodeling project. Extracting information about bearing walls and other structural elements from the multiple plans to compare those plans quantitatively is one of the essential tasks during the early stage of a project. To cope with this task, an automated data extraction method for walls and slabs from before and after remodeling plans is developed. Through the developed program, load-bearing walls, non-bearing walls, slabs, and weight changes after remodeling can be analyzed and visualized in a fast and automated manner.

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Reliability of Revenue Recognition by Percentage of Completion Method in Construction Industry - Empirical Analysis from Information Perspective (건설업의 공사진행기준에 의한 수익인식의 신뢰성 검증 - 정보적 측면에서의 실증분석)

  • Park, Hong-Jo;Ji, Hyun-Mi
    • Journal of the Korea Institute of Building Construction
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    • v.16 no.5
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    • pp.463-470
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    • 2016
  • Construction companies calculate their revenues and costs from constructing activities using the 'Percentage of Completion Method', which is based on ratio of actual construction cost to total costs estimated. The reliability of the net profit of construction companies is being evaluated lower than other industries due to incorrect application of 'Percentage of Completion Method' to cover losses actually occurred. Therefore, the purpose of this study is to verify the quality of earnings calculated based on 'Percentage of Completion Method' in terms of information usefulness. Results from empirical analysis show that investors in stock market underestimate the value of the construction companies' earning information by applying 'Percentage of Completion Method' and not actively use in investment decision making. Accordingly, it has been confirmed that the association between income information and stock prices falling. These results suggest the need for strict supervision of the supervisory authorities and the practical application of 'Percentage of Completion Method' in reliability.