• Title/Summary/Keyword: Item-based construction

Search Result 164, Processing Time 0.025 seconds

A Study on the Sensitivity Analysis of the Financial Analysis Item in Apartment Project (공동주택 사업의 수지분석 항목에 대한 민감도 분석에 관한 연구)

  • Kim, Gwang-Ho
    • Korean Journal of Construction Engineering and Management
    • /
    • v.7 no.1 s.29
    • /
    • pp.100-109
    • /
    • 2006
  • Feasibility analysis is a crucial key to success or failure of housing project. Existing feasibility analysis in construction company is based on intuitive approach rather than systematic approach. Usually feasibility analysis in a narrow sense is a financial analysis of project. Feasibility analysis focused in this study is confined to the matter of finance. So, the purpose of this study is to analyze the sensitivity of financial analysis item about profit rate by means of monte carlo simulation and this will improve accuracy of feasibility analysis and decision making.

WEB FRONT-END COMPUTING RELATIONAL DATABASE SYSTEM FOR ITEM-LEVEL PRELIMINARY HIGHWAY COST ESTIMATES

  • Jui-Sheng Chou ;James T. O'Connor ;Khali R. Persad ;Wai Kiong Chong
    • International conference on construction engineering and project management
    • /
    • 2005.10a
    • /
    • pp.509-514
    • /
    • 2005
  • In recent years, use of the web technologies and on-line process has immensely swapped single-user platform practice. This study attempted to develop preliminary cost estimating program by means of Web technologies based on statistical modeling results. A prototype Web-based Preliminary Item-Level Cost Estimating System (WBPILCES) using open source software was developed as an on-line estimating tool in this research. The primary objective is to study the possible flexibility of implementing a centralized information system that will be maintained by the Texas Department of Transportation (TxDOT) IT division. The full-scale deployment of proposed information architecture is expected to seamlessly integrate with legacy database system currently used by TxDOT so as to streamline data storage, cost growth tracking and estimates documentation.

  • PDF

A Study on the Development of Work-Crew based Daily-Productivity for Representative B.O.Q Item in Road Project (도로공사 대표공종의 생산성 정보 개발에 대한 연구)

  • Seo, Ji-Hyeong;Park, Hyung-Keun
    • Korean Journal of Construction Engineering and Management
    • /
    • v.12 no.6
    • /
    • pp.42-53
    • /
    • 2011
  • This study is to present a method of compiling consistently accurate construction cost estimates in minimum of time. There are two kind of applications for estimating system based on quantity-per-unit and the daily work-crew. The former system is still applied 45% as a estimating method to construction job site by the second half of 2010. However, it is necessary for quantity-per-unit to complement the defect of standard integrating specification and improve the integrating method to the various construction conditions. The later system is intended to represent a standard or basic core which can be adopted in many type of construction estimating used across the wide variety of construction in advanced countries. In this study daily work-crew based on productivity is applied to the representative B.O.Q Item in road project. These results are compared to productivity of Japan and U.S.A estimated under the similar circumstances.

SERVICE QUALITY EVALUATION INDICATORS FOR ASP-BASED PROJECT MANAGEMENT INFORMATION SYSTEM

  • Lee, Seul-Ki;Yu, Jung-Ho;Kim, Chang-Duk
    • International conference on construction engineering and project management
    • /
    • 2009.05a
    • /
    • pp.1453-1462
    • /
    • 2009
  • It is very important for performance of information system that we make an effort to raise user's satisfaction by continuously grasping user's requirement by evaluation of PMIS based on ASP service quality and reflecting this to information system. However, It is lack that developments of suitable evaluation index of PMIS based on ASP service quality. Hereupon, In this study, we propose the evaluation indicators. First, The evaluation area is classified by form the foundation of D & M IS Success Model (2003); system quality, information quality, service quality. Second, The detail evaluation item which include considerations which are gotten through investigation of the construction industry and PMIS based on ASP is grouping by form the foundation SERVQUAL which is a service quality evaluation tool proposed PZB(1988). It is suitable to evaluate PMIS based on ASP service quality in construction industry and able to evaluate various aspects.

  • PDF

Analysis of Test-retest Reliability of Individual Items in a Preliminary From of Child-rearing Attitude Scale (양육태도검사 예비형의 문항검사―재검사 신뢰도의 분석)

  • 차재호
    • Journal of the Korean Home Economics Association
    • /
    • v.20 no.2
    • /
    • pp.135-140
    • /
    • 1982
  • As a step preliminary to the factor-analysis of a child-rearing attitude scale under construction, its preliminary form containing a total of 368 self-answered questions was administerd to 88 married women with one or more children in the grade school age. all graduates of colleges and in possession of a home telephone and a house, twice from one week apart. The test-retest correlation coefficients, calculated for each test item based on the subject's choice among the three response alternatives on two test ocasions, ranged from .80 to .10. The cut-off point of r=.41 or lower led to the elimination of 48 items. As a point of incidental interest, the rate of response concordance. The namber of subjects giving the same categroy response on two occasions was calculated for each item and it was correlated with its test. retest correlation coefficient. The two different indices of item test-retest reliability were found not related to each other. Empirical evidence, as well as rational justifications, was presented to show that the correlation coefficient is the better of the tow indices of item test-retest reliability.

  • PDF

A Study on the Construction Method of HS Item Classification Decision System Based on Artificial Intelligence

  • Choi, keong ju
    • International Journal of Advanced Culture Technology
    • /
    • v.8 no.1
    • /
    • pp.165-172
    • /
    • 2020
  • Industrial Revolution means the improvement of productivity through technological innovation and has been a driving force of the whole change of economic system and social structure as the characteristic of technology as the tool of this productivity has changed. Since the first industrial revolution of the 18th century, productivity efficiency has been advanced through three industrial revolutions so far, and this fourth industrial revolution is expected to bring about another revolution of production. In this study, the demand for the introduction of artificial intelligence(AI) technology has been increasing in various business fields due to the rapid development of ICT technology, and the classification of HS(harmonized commodity description and coding system) items has been decided using artificial intelligence technology, which is the core of the fourth industrial revolution. And it is enough to construct HS classification system based on AI technology using inference and deep learning. Performing the HS item classification is not an easy task. Implementation of item classification system using artificial intelligence technology to analyze information of HS item classification which is performed manually by the current person more accurately and without any mistake, And the customs administrations, customs offices, and customs agencies, it is expected to be highly utilized in the innovation of trade practice and the customs administration innovation FTA origin agent.

VIRTUAL CONSTRUCTION OF TRANSFER FLOORS IN REINFORCED CONCRETE BUILDING USING BIM

  • Kwangho So;Bohwan Oh;Yongjik Lee;Hyungeun Lee;Taehun Ha
    • International conference on construction engineering and project management
    • /
    • 2011.02a
    • /
    • pp.12-16
    • /
    • 2011
  • Building Information Modeling (BIM) is being widely spread in AEC industry worldwide and also in South Korea. Although the creation of digital model is better to be started at design stage, it can also improve the productivity of construction by simulating the actual construction process and environment. This paper presents application of BIM-based simulations related with design changes to transfer floors in 58-storey reinforced concrete office building. Transfer floor is not only a structurally important part of the building but also a challenging part of the actual construction in terms of sequence and period due to the complexity of the work. Preconstruction of rebar, mechanical, and plumbing is performed to review the construction drawings and to perform clash detection. Each item of application is evaluated for its effectiveness on actual construction and for the development potential.

  • PDF

A STUDY ON THE LIFE CYCLE COST ANALYSIS IN LIGHT RAIL TRANSIT BRIDGES: FOCUSED ON SUPERSTRUCTURE

  • Lee Du-heon;Kim Kyoon-tai;Kim Hyun Bae;Jun Jin-taek;Han Choong-hee
    • International conference on construction engineering and project management
    • /
    • 2007.03a
    • /
    • pp.30-40
    • /
    • 2007
  • The demand for light-rail construction projects has recently been increasing, and they are mostly supervised by private construction companies. Therefore, a private construction company that aim to raise gains from the operation of the facilities during the contract period greater than what they invested should b able to accurately calculate the costs from the aspect of Life Cycle Cost (LCC). In particular, a light-rail transit bridge that has a heavier portion from the aspect of the cost of light-rail transit construction requires a more accurate calculation method than the conventional LCC calculation method. For this, an LCC analysis model was developed and a cost breakdown structure was suggested based on literature review. The construction costs by shape of the upper part of a light-rail transit were calculated based on the cost breakdown system presented in this paper, and the cost generation cycle and cost unit price were collected and analyzed based on records on maintenance costs, rehabilitation and replacement. In addition, after forming some hypotheses in order to perform the LCC analysis, economic evaluation was conducted from the aspect of the LCC by using performance data by item.

  • PDF

CONSTRUCTION COST INDEX FOR APPLYING INDEX ADJUSTMENT RATE IN THE ROAD PROJECT

  • Jin-Young Chun;Sungkwon Woo
    • International conference on construction engineering and project management
    • /
    • 2005.10a
    • /
    • pp.1112-1117
    • /
    • 2005
  • Construction cost index is generally used to estimate the new project cost based on past construction data and to adjust contract cost when the price change of various articles and items of expenditure composing the contract occurs. In Korea, it is mostly used for adjustment of construction contract cost due to fluctuation of prices. However index adjustment rate which is used for adjustment of construction contract cost had some problems in calculating cost index of each expenditure item that could not reflect properly the change of construction cost. For supplementing these problems, the research of developing construction cost index has been executed. Through the precedent research, these problems were partially resolved but still remain. Therefore this research proposes method of making cost index that utilizes representative items of labor, material, and equipment by analyzing bill of quantity of road construction, through analysis and comparison of precedent study. By using this method, it is expected to solve problems which were not reflected in precedent studies.

  • PDF

A Construction Method for Personalized e-Learning System Using Dynamic Estimations of Item Parameters and Examinees' Abilities

  • Oh, Yong-Sun
    • International Journal of Contents
    • /
    • v.4 no.2
    • /
    • pp.19-23
    • /
    • 2008
  • This paper presents a novel method to construct a personalized e-Learning system based on dynamic estimations of item parameters and learners' abilities, where the learning content objects are of the same intrinsic quality or homogeneously distributed and the estimations are carried out using IRT(Item Response Theory). The system dynamically connects the test and the corresponding learning procedures. Test results are directly applied to estimate examinee's ability and are used to modify the item parameters and the difficulties of learning content objects during the learning procedure is being operated. We define the learning unit 'Node' as an amount of learning objects operated so that new parameters can be re-estimated. There are various content objects in a Node and the parameters estimated at the end of current Node are directly applied to the next Node. We offer the most appropriate learning Node for a person's ability throughout the estimation processes of IRT. As a result, this scheme improves learning efficiency in web-base e-Learning environments offering the most appropriate learning objects and items to the individual students according to their estimated abilities. This scheme can be applied to any e-Learning subject having homogeneous learning objects and unidimensional test items. In order to construct the system, we present an operation scenario using the proposed system architecture with the essential databases and agents.