• Title/Summary/Keyword: Integrated cost and schedule

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Integrated Planning Process Implementation Method Based on the Cost, Schedule, and Technical Performance (비용, 일정 및 기술적 성과를 고려한 통합 계획수립 프로세스 구현 방안)

  • You, Yi-Ju;Park, Young-Won
    • Journal of the Korea Institute of Military Science and Technology
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    • v.10 no.3
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    • pp.100-108
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    • 2007
  • The purpose of the research is to propose an integrated project planning process and its implementation method. Although there is increasing interest in the application of the Earned Value Management(EVM) method in the project management area, the progress and maturity of the technical performance have not been included in assessing the Earned Value. The main concept of the planning process is to use cost, schedule, as well as the technical performance in the assessment of the Earned Value Management for Military R&D project management practices. The resulting process can enhance the efficiency of the project work by eliminating the currently duplicated activities between traditional project planning process and the newly implemented Earned Value Management process and by shortening the early planning process duration of projects adopting EVM practices.

Work Management Model to Integrate Schedule and Bill of Quantit (산출내역서.공정 통합관리 모형 구축에 관한 연구)

  • 박홍태;박찬정
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2002.11a
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    • pp.123-131
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    • 2002
  • Recently our government operates earned value management system (EVMS) for improving work management system of the construction projects over specific scale. The EVMS is based on the integrated management between construction cost and schedule, the existing systems, however, are focused on the cost management by using wort quantity. This study suggests a work management mode1 to integrate construction cost with activity information. The model introduces a work task concept as a tool that can connect construction cost to activity information. The suggested model in this study is verified by using actual data for the applicability to practical construction projects.

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A Study on the Application of an Integrated Management Software for a Petrochemical Plant Project (화공플랜트 프로젝트에서 통합관리 소프트웨어 적용에 관한 연구)

  • Kim, Yoon;Lee, Dong-Eon;Yoo, Ho-seon
    • Plant Journal
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    • v.6 no.2
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    • pp.56-61
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    • 2010
  • In this paper, an integrated management software is developed to promote the business competitive power. The interoperability among the software accounts for an ever growing performance of petrochemical plant project. If the interoperability is built up, company has taken advantages of quality, schedule, cost, and safety by active communication. The advantage of an integrated management software is examined in three aspects. In efficiency aspect, It takes advantage of the saving about the various information and the standard of project performance procedure. In quality, the integration gave aid to a quality improvement through team collaboration and data management within project life cycle. In cost, poor communications between systems waste 30% of project costs. If information could be inputted once and used by all, reductions in delivery time up to 40% were possible. Therefore, 10% savings of engineering cost was also possible.

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A Development of Risk Performance Index for Mega-project Performance Measurement in view of the integrated Cost/Schedule/Risk (비용/공정/위험 통합 관점에서 메가 프로젝트 성과측정을 위한 위험성과지수 개발)

  • Kim, Seon-Gyoo;Park, Kyoo-Young;Yu, Young-Jeong
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.1
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    • pp.69-77
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    • 2009
  • Recently, a research of the urban regeneration has been performed very actively. This is one of the efforts to resolve various social and economic problems coming from the existing deteriorated building and facilities by new urban development or redevelopment. However, an urban regeneration has a characteristic to be unable to ensure the project performance due to the exposed numerous risks coming from the various and complex stake-holders, and its mega sizes. This paper proposes the method of risk performance index in order to improve an efficiency of performance measurement expanding to the risk view point from the existing integrated cost/schedule performance measurement. A risk performance index is compatible with the existing EVMS, and can make the performance measurement in 3 dimensions of the integrated cost/schedule/risk with 18 sub-indexes and variables.

A Development of Unified and Consistent BIM Database for Integrated Use of BIM-based Quantities, Process, and Construction Costs in Civil Engineering

  • Lee, Jae-Hong;Lee, Sung-Woo;Kim, Tae-Young
    • Journal of the Korea Society of Computer and Information
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    • v.24 no.2
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    • pp.127-137
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    • 2019
  • In this study, we have developed a calculation system for BIM-based quantities, 4D process, and 5D construction costs, by integrating object shape attributes and the standard classification system which consist of Cost Breakdown System(CBS), Object Breakdown System(OBS) and Work Breakdown System(WBS) in order to use for the 4 dimensional process control of roads and rivers. First, a new BIM library database connected with the BIM library shape objects was built according to the CBS/OBS/WBS standard classification system of the civil engineering field, and a integrated database system of BIM-based quantities, process(4D), and construction costs(5D) for roads and rivers was constructed. Nextly, the process classification system and the cost classification system were automatically disassembled to the BIM objects consisting of the Revit-family style elements. Finally, we added functions for automatically generating four dimensional activities and generating a automatic cost statement according to the combination of WBS and CBS classification system The ultimate goal of this study was to extend the integrated quantities, process(4D), and construction costs(5D) system for new roads and rivers, enabling the integrated use of process(4D) and construction costs(5D) in the design and construction stage, based on the tasks described above.

An Integrated Construction Management System Based on the Earned Value Concept (EV개념에 의한 통합건설공사관리시스템)

  • Chung Chul-Won;Lee Jeom-Su;Oh Kyu-Whan;Chang Jin-Sik;Lee Yu-Seop;Park Chan-Sik
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.155-162
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    • 2001
  • Recently, in Korea, a few construction companies have been tried to develop a management system, which is able to integrate schedule and cost. In spite of these attempts, however, advanced management techniques can be hardly applied under the BoQ based management system. In order to improve these problems, many studies have been peformed, but yet could not overcome practical limitations. Besides, the application of historical data is below the level since it is so difficult to accumulate and feed-back historical data under the unique character of construction industry. Consequently, lots of time and effort have being wasted to establish control criteria. The newly generated Information is not systematically managed as well. Therefore, this study suggests Integrated Construction Management System complemented the existing practical problems.

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Work Management Model to Integrate Schedule and Bill of Quantity (산출내역서.공정 통합관리 모형 구축에 관한 연구)

  • Park, Hong-Tae;Park, Chan-Jeong
    • Journal of the Korea Institute of Building Construction
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    • v.2 no.4
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    • pp.153-161
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    • 2002
  • Recently our government operates earned value management system (EVMS) for improving work management system of the construction projects over specific scale. The EVMS is based on the integrated management between construction cost and schedule. the existing systems, however, are focused on the cost management by using work quantity. This study suggests a work management model to integrate construction cost with activity information. The model introduces a work task concept as a tool that can connect construction rest to activity information. The suggested model in this study is verified by using actual data for the applicability to practical construction projects.

Module Suggestion to Develop an Integration System of Schedule and Change Control (공정 및 변경관리 통합시스템 개발을 위한 모듈 제안에 관한 연구)

  • So Young-Sung;Oh Seung-Jun;Kim Young-Su
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.393-396
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    • 2002
  • Purpose of this study is to suggest some modules to integrate schedule and change control. The study has been performed through the process of literature review, effect comparison of being not integrated and integrated of the schedule and change control, and finally suggest new integrated modules. The results of this study are as follows: 1) Suggestion of a Predicted Change Information Control Module: This nodule can be used to assess the impact of changes in advance and to prepare counteraction. 2) Suggestion of a Change Information Control Module: This module is used to update current schedule for the realized changes. 3) Suggestion of a Revision History Maintenance Module: This module is used to record schedule and cost revision history and to analyze the overall change trend.

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Project Schedule Risk Assessment Based on Bayesian Nets (베이지안넷 기반의 프로젝트 일정리스크 평가)

  • Sung, Hongsuk;Park, Chulsoon
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.39 no.1
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    • pp.9-16
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    • 2016
  • The project schedule risk in the engineering and facility construction industry is increasingly considered as important management factor because the risks in terms of schedule or deadline may significantly affect the project cost. Especially, the project-based operating companies attempt to find the best estimate of the project completion time for use at their proposals, and therefore, usually have much interest in accurate estimation of the duration of the projects. In general, the management of projects schedule risk is achieved by modeling project schedule with PERT/CPM techniques, and then performing risk assessment with simulation such as Monte-Carlo simulation method. However, since these approaches require the accumulated executional data, which are not usually available in project-based operating company, and, further, they cannot reflect various schedule constraints, which usually are met during the project execution, the project managers have difficulty in preparing for the project risks in advance of their occurrence in the project execution. As these constraints may affect time and cost which role as the crucial evaluation factors to the quality of the project result, they must be identified and described in advance of their occurrence in the project management. This paper proposes a Bayesian Net based methodology for estimating project schedule risk by identifying and enforcing the project risks and its response plan which may occur in storage tank engineering and construction project environment. First, we translated the schedule network with the project risks and its response plan into Bayesian Net. Second, we analyzed the integrated Bayesian Net and suggested an estimate of project schedule risk with simulation approach. Finally, we applied our approach to a storage tank construction project to validate its feasibility.

Apartment house project cost schedule for integrated management BIM-based BoQ application plan (공동주택 프로젝트 비용일정통합 관리를 위한 BIM 기반 BoQ 구축 및 활용 방안)

  • Zheng, Lianyi;Kim, Woong-Gi;Ham, Nam-Hyuk;Kim, Jae-Jun
    • Journal of KIBIM
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    • v.11 no.2
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    • pp.1-16
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    • 2021
  • Since entering the 21st century, the construction industry has developed faster and faster, and more and more technologies have been applied in the construction industry. BIM technology (Building Information Modeling) was born in this environment. The application of BIM technology can greatly improve the efficiency of cost management and help achieve the goal of cost management. But through BIM to realize project cost management, there is still no good solution. In order to solve this problem, this paper puts forward the concept of WBS structure applied to construction projects by studying the BoQ (Bill of Quantities) list based on BIM, and proposes the numbering method of the structure. The WBS (Work Breakdown Structure) structure proposed in this paper divides more than 5000 cost objects into 133 projects according to the type of work and project schedule. This structure helps to realize the application of BIM in project cost management. Although this article has studied more than 5000 data of three projects, it does not think that it can cover all cost objects in the existing construction industry. The purpose of this article is to propose a solution for cost and Process Control using BIM-based BoQ data.