• Title/Summary/Keyword: Park Construction Cost

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Analysing Construction Cost Index Fluctuation on Apartment Housing (공동주택 건설공사비지수의 변동추세 분석)

  • Park, Won-Young;Park, Tae-Il
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2019.05a
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    • pp.226-227
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    • 2019
  • The basic type construction cost which is the base of the building cost estimation is being adjusted according to the price changes by utilizing the apartment construction cost index in order to flexibly operate it. In this study, we analyzed the change trends and characteristics of the housing cost index for the basic type building cost model project operated from September, 2012 to March, 2018. As a result, the increase in material costs is slight while the share of the labor cost increased in the construction cost due to the rise of labor unit price, leading to a perceived increase in sensitivity of labor costs. We should be careful to keep the sensitivity of the material cost and the labor cost to an appropriate level so that the index may not be distorted.

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The Predetermined Amount Estimation for the Standardization of Construction Cost Estimating System Focusing on the School Work (실적공사비 적산제도 표준화를 위한 예정가격 산정 -학교공사를 중심으로-)

  • Park, Keum-Soon;Jung, Sung-Gwan;Park, Kyung-Hun;You, Ju-Han
    • Current Research on Agriculture and Life Sciences
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    • v.26
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    • pp.31-43
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    • 2008
  • Introduction of construction cost estimating system is necessary to promote appropriate reflection of construction cost and simplified and efficient amount work. The results of this study are as follows. In the results of considering the basic concept and composition of a construction type estimating system, an example orders are concentrated on an apartment house in the country. The building appurtenant work of extension work is high(1.52) as compared with others. In regression analysis for a construction cost, the models are as follows. In a new construction work, (construction cost)=$12,004.8+4.09{\times}$(building area), and in extension work, (construction cost)=$-121.9+4.50{\times}$(building area). Accordingly, this study wishes to compare and analyzes main contents of original cost method and results cost method, and propose predetermined amount estimation device through existent literature study investigation for accumulation of the construction cost.

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Effects of Extending Duration of Nighttime Road Construction (도로품질 향상을 위한 야간 도로공사 시간확대의 영향분석)

  • Lee, Dongmin;Choi, Junseong;Park, Jejin;Park, Yongjin
    • International Journal of Highway Engineering
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    • v.19 no.5
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    • pp.153-162
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    • 2017
  • PURPOSES : This study was conducted to analyze the effects arising from extending the duration of nighttime road construction on improving road quality and durability. METHODS : Most previous studies estimating the social cost of various construction conditions did not consider road pavement cooling time as a factor in improving road pavement quality. This study investigated the feasibility of achieving higher road quality and durability by extending the duration of nighttime road construction time extension. For this investigation, the effects of such an extension on traffic conditions were analyzed based on micro-simulation studies and scenario-based cost-benefit analyses, using factors including traffic volume, delay, construction cost, and road pavement cooling time. RESULTS : The results of the traffic simulation studies and cost-benefit analyses indicate that the current road construction method that emphasizes completing nighttime road construction by 6 a.m. reduces pavement life while causing relatively little traffic delay. If the night construction time is instead extended to 2 p.m., road pavement lifetime is increased, reducing road re-construction cost. These savings are greater than the cost of congestion arising from extending the duration of nighttime construction. CONCLUSIONS : The current nighttime construction durations need to be extended in order to efficiently manage roads and reduce road management costs.

Suggestion and Verification of Assessment model on Construction-Cost of Steel Bridge in Project Performance Phases

  • Kab-Soo Kyung;Hye-Yeon Park;Sin-Hwa Kang;Eun-Kyoung Jeon
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.606-615
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    • 2009
  • Estimating the reasonable construction-cost according to the construction phase in public construction is an important element for securing and executing a national budget efficiently. As a general rule, the predetermined cost of construction is estimated at the end of the design of the target structure. Therefore, it seems to be a considerably difficult problem to estimate the approximate cost of construction, only with its basic information of the bridge in the design planning phase and the early design stage where we can not have specific detailed-section of the target structure. In this paper, we present the calculation of construction-cost in the planning phase based on the analysis of factors affecting the cost of construction conducted in the previous study. Beside, to estimate the cost of construction in early design phase, we would like to present the calculation of construction-cost in the early design phase by executing the analysis of data collected from 61 steel box bridges. It was found from the result of study that the estimated cost of construction gained by the calculation of construction-cost in this paper reduces the error between the real cost of construction and that by the existing method of using.

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Analysis of Construction Cost Fluctuation Trends and Features on Apartment Housing

  • Park, Wonyoung;Kang, Tai-Kyung;Baek, Seung-Ho;Lee, Yoo-Sub
    • Journal of the Korea Institute of Building Construction
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    • v.12 no.6
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    • pp.624-635
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    • 2012
  • Construction projects, including housing, are carried out over long periods of time. According to changes to the construction period, the cost of input materials and wages also changes. Therefore appropriate management is important in order to minimize cost risks caused by fluctuations in prices. In Korea, housing units are usually sold in lots prior to construction completion. Therefore, careful management of input elements such as materials and equipment that are sensitive to price fluctuations is very important. This study deals with how the price fluctuation of materials, labor, and equipment influences the change of housing cost and seeks a way for cost management through identifying key resources sensitive to price fluctuation. As a result, a change to the housing cost index multiplies depending on cost changes of materials and labor together. Labor costs are a major factor on the housing cost index. In addition, certain types of materials and labor input to housing construction greatly influence price fluctuations. Thus, it is found that managing those main cost factors is the key for effective cost management.

A Trend Analysis of Small Type House Construction Cost in Multi-Family Housing (공동주택 소형평형 공사비 트렌트 분석)

  • Park, Wonyoung;Cha, Yongwoon;Park, Taeil
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2021.05a
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    • pp.261-262
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    • 2021
  • Increasing construction costs are required due to increasing the supply of small type houses with changes in multi-family housing trends. However, a sharp rise in the construction cost of small type houses can raise the sale price, threatening the stability of national housing. Therefore, this study aims to estimate the change in the construction cost of small type houses from the basic construction cost of the sale price ceiling system and suggest an improvement plan.

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The Benefit Cost Analysis of the Accident Prevention Cost in Construction Work (건설공사의 사고예방비용에 대한 투자효과 분석)

  • Park Jong-Keun
    • Journal of the Korean Society of Safety
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    • v.20 no.1 s.69
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    • pp.113-118
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    • 2005
  • This study delivers the actual condition of investment for industrial accident prevention based on survey of 500 construction sites from 'reports far industry safety and health' published by Korea Occupational Safety & Health Agency (KOSHA). The various research techniques were used such as technical statistic analysis for construction industry, cost comparison of industrial accident prevention and accident loss. A formula was deduced to calculate accident loss and accident frequency by accident prevention cost through regression analysis.

Cost Analysis of Composite Method Using Hollow-PC Column (중공 PC기둥을 적용한 복합공법의 공사비 분석)

  • Park, Byeong-Hun;Kim, Jae-Yeob
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2016.10a
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    • pp.71-72
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    • 2016
  • Most of studies on PC method aim at the structural analysis and development of PC members, and studies on the construction management aspect are insufficient. Therefore, this study tries to investigate 'hallow PC column composite method(HPC composite method)' from the viewpoint of construction management and analyze the construction cost of the composite method. On the assumption that each comparative method was applied to the zone, the difference in construction cost between the two methods was analyzed. As a result, HPC composite method increased the initial investment cost because of its factor technology, but reduced transport cost, lifting cost, and installation cost through lightweight columns. This study analyzed only the difference in construction cost of HPC composite method so that it has the limitation in evaluating its economy. Therefore, to evaluate the economy of HPC composite method, it is considered to research more the construction cost of HPC composite method.

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Development of Cost Management Process during Design Phase based on Design to Cost (DTC(Design to Cost)기반의 설계단계 사업비관리 프로세스 개발)

  • Park, So-Hyun;Moon, Hyun-Seok;Hyun, Chang-Teak
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2009.11a
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    • pp.209-212
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    • 2009
  • The Development of Cost Management is embossed efficiently to use the budget for the construction industry. The government is exploring every efforts and polices to control increasing the budget for the construction industry. However, despite of the government's efforts, researches are insufficient for a cost management of development. Also, the changed cost of construction by frequent plan change is caused of decline in quality etc during an accomplishing project. Therefore, in this study, analyzed about principal official phase of design phase to solve the problem. In order to define clearly the target cost concepts in the planning phase apply to the DTC(Design To Cost) concept and technique at the development of cost management process which will be able to manage the enterprise expense. It's process is expected with the fact that will be the possibility efficiently of fixing target cost in the planning phase by the construction client and designer.

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A Presentation of a Cost Classification System for Gas Plant Construction Projects

  • Park, Moonsun;Kim, Yongsu
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.625-626
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    • 2015
  • The purpose of this study is to present a cost classification system that can be used in gas plant construction projects. Towards this end, it examined the detailed statements of the construction companies which had experience in carrying out plant construction projects. Based on the above, it also presented a life-cycle (i.e., EPCC) cost classification system for the gas plant construction projects by conducting the Delphi analysis through the expert opinions.

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