• Title/Summary/Keyword: Preliminary Cost Estimate

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Preliminary Study on the Construction of Database for BIM-based preliminary estimate. (BIM 기반 개산견적을 위한 DB구축 기초연구)

  • Jun, Kl-Hyun;Yun, Seok-Heon
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2012.11a
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    • pp.291-292
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    • 2012
  • Progress in the construction project, the estimated cost of the measure is very important. Use preliminary estimate cost data for the prediction of construction cost. But, preliminary estimate cost data a clear calculation, there is no way. it is rely on the historical data and the past construction data. As a result, a significant difference in the actual construction cost and the predicted cost of the problem occurs. In this study, taking advantage of BIM Cost Prediction for efficient and rapid preliminary estimate BIM for building database through the study preliminary estimate cost data.

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A Study on the Model of Artificial Neural Network for Construction Cost Estimation of Educational Facilities at Conceptual Stage (교육시설의 개념단계 공사비예측을 위한 인공신경망모델 개발에 관한 연구)

  • Son, Jae-Ho;Kim, Chung-Yung
    • Korean Journal of Construction Engineering and Management
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    • v.7 no.4 s.32
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    • pp.91-99
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    • 2006
  • The purpose of this study is propose an Artificial Neural Network(ANN) model for the construction estimate of the public educational facility at conceptual stage. The current method for the preliminary cost estimate of the public educational facility uses a single-parameter which is based on basic criteria such as a gross floor area. However, its accuracy is low due to the nature of the method. When the difference between the conceptual estimate and detailed estimate is huge, the project has to be modified to meet the established budget. Thus, the ANN model is developed by using multi-parameters in order to estimate the project budget cost more accurately. The result of the research shows 6.82% of the testing error rates when the developed model was tested. The error rates and the error range of the developed model are smaller than those of the general preliminary estimating model at conceptual stage. Since the proposed ANN model was trained using the detailed estimate information of the past 5 years' school construction data, it is expected to forecast the school project cost accurately.

The Conceptual Cost Estimate Model on Preliminary Design Phase for RC Rahmen Bridge (RC라멘교의 기본설계단계 개략공사비 산정모델)

  • Kim, Byung-Soo;Kwon, Suk-Hyun
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.2
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    • pp.111-120
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    • 2009
  • The conceptual cost estimation used the construction project needs for confirm budget not only at the planning phase but also at the preliminary design phase of the construction project. Present, the conceptual cost estimation model have problems the rate of error is very large because the linear simple model calculate by use the cost of the unit meter or the unit square. This study development the model used grouping and the key quantity method, the mixed unit cost for solve problem of the very large rate of error. The result of this study reduced difference of between the real design construction cost therefor it expect that contribute to the client or the service company estimate budget of RC rahmen bridge.

Analysis of Impact Factors for the Improvement of Conceptual Cost Estimation Accuracy for Public Office Building (공공청사 개산견적 정확도 향상을 위한 공사비 영향요인 분석)

  • Jo, Yeong-Ho;Yun, Seok-Heon
    • Journal of the Korea Institute of Building Construction
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    • v.21 no.5
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    • pp.495-506
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    • 2021
  • A Conceptual cost estimate, which is computed in the preliminary step of a project, is important for decision-making by a contractor in terms of the project budget, economic feasibility and validity analysis, and alternative comparisons. Therefore, a high error rate of a prediction model for a conceptual cost estimate can lead to various problems including excessive project expenditures and a delayed break-even point. this study proposed optimal impact factors by configuring quantitative impact factors computable in a preliminary step in various cases(combinations of impact factors). subsequently, the accuracy of different cases was comparatively analyzed by using the cases as input values of a prediction model using regression analysis. when the optimal combination of impact factors proposed in this study and other combination of impact factors were applied to the prediction model, the regression analysis-based prediction model exhibited 0.2-4.7% improvements in accuracy, respectively. the optimal combination of impact factors proposed in this study improved the accuracy of the prediction model of a conceptual cost estimate by removing unnecessary impact factor.

A Study on the Prediction-Formulas of Approximate Estimate Based on Actual Work Cost for Subway (실적공사비에 의한 지하철 공사비 예측모형에 관한 연구)

  • Park, Jong-Hyuk;Jeon, Yong-Bae;Park, Hong-Tae
    • Journal of the Society of Disaster Information
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    • v.9 no.1
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    • pp.11-21
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    • 2013
  • This study proposed cost prediction equation model by considering duration, construction, size, actual cost with the subway construction started by the actual cost system which was introduced since 2004. Costs - scale exponent n(confidence range: 0.5 to 0.7) for cost prediction of subway construction was drawn total cost(0.713), net cost(0.77) in point of the 11 subway construction data. The cost prediction equation model of the subway construction which was presented in this study is able to effectively apply to business planning, preliminary investigation, feasibility study, basic design stage to estimate the approximate cost in the future.

Development of the Preliminary Cost Estimate Method for the Free-Form Building Facade Trade in Conjunction with the Panel Optimization Algorithm Process (곡면 최적화 알고리즘을 활용한 비정형 건축물 외장공사비 개산견적에 관한 연구)

  • Lim, Jang Sik;Ock, Jong Ho
    • Korean Journal of Construction Engineering and Management
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    • v.15 no.4
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    • pp.95-106
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    • 2014
  • The outer surfaces of free form buildings contain panels with two-directional curvatures. To construct these panels, complex geometric surfaces should be divided into forms and sizes that can be manufactured and constructed efficiently. Because the bigger the curvatures of these panel, the more expensive the construction costs, these complex curvatures should go through optimal process of reinterpretation to minimize the curved surfaces with complex two-directional curvatures, which is called panel optimization. Small construction and design companies have trouble in calculating even rough estimate and cannot adjust expected construction cost of the panels based on comparison of design alternatives in conjunction with panel optimization process due to lack of knowledge and experience. This study conducts the research that can support designers' cost decision-making in the design stage of the free form buildings with respect to the panel optimization process. A 3D commercial application specialized to modeling free form shapes is used for the purpose.

Preliminary Cost Estimates for Nuclear Hydrogen System Based on High Temperature Electrolysis (고온전기분해 이용 원자력수소 예비타당성 연구)

  • Yang, Kyeongjin;Lee, Taehoon;Lee, Kiyoung
    • 한국신재생에너지학회:학술대회논문집
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    • 2010.06a
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    • pp.228.2-228.2
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    • 2010
  • In this work, the hydrogen production costs of the nuclear energy sources are estimated in the necessary input data on a Korean specific basis. G4-ECONS was appropriately modified to calculate the cost for hydrogen production of HTE process with Very High Temperature nuclear Reactor (VHTR) as a thermal energy source rather than the LUEC (Levelized Unit Electricity Cost). The general ground rules and assumptions follow G4-ECONS. Through a preliminary study of cost estimates, we wished to evaluate the economic potential for hydrogen produced from nuclear energy, and, in addition, to promptly estimate the hydrogen production costs for an updated input data for capital costs. The estimated costs presented in this paper show that hydrogen production by the VHTR could be competitive with current techniques of hydrogen production from fossil fuels if $CO_2$ capture and sequestration is required. Nuclear production of hydrogen would allow large-scale production of hydrogen at economic prices while avoiding the release of $CO_2$. Nuclear production of hydrogen could thus become the enabling technology for the hydrogen economy. The major factors that would affect the cost of hydrogen were also discussed.

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Development of the Operation Cost Models for Preliminary Assessment of the Urban Railways (도시철도 예비타당성을 위한 운영비용함수 모형의 개발)

  • Lee, Jae-Myung;Won, Jai-Mu;Rho, Jeong-Hyun
    • Journal of the Korean Society for Railway
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    • v.10 no.6
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    • pp.766-771
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    • 2007
  • In this research, we were going to make the function which can forecast the operating cost of metropolitan railroad that is performing a role of assistant highway within the city. In order to do this, based on service records of subway line 1st to 8th in Seoul, we extracted 23 variables which can affect to the operating cost, and we selected the final variable for estimate the function of operating cost from correlation among variables and influence analysis. Then, we performed regression analysis by stages using final variable. 6 independent variables are chosen for presuming the operating cost, and we obtained the final 3 variables (quantity of holding motor cars, peak quantity of possessed motor cars, and quantity of stations) as a result of regression analysis. Through this research, function of operating cost of metropolitan railroad has better applicability than existing preliminary validity, and it is used by further preliminary validity investigation and master plan or validity investigation which is accompanied by operation designing, thus we expect that it could make a great contribution to the priority order of investment for metropolitan railroad or process of policy decision.

A Study on the Rationalization of Management and Maintenance Cost for Railway Investment Assessment - Focus on High Speed Railway - (철도투자평가를 위한 운영.유지보수비용 합리화 방안 - 고속철도를 중심으로 -)

  • Suh, Sang-Kyo;Sung, Deok-Yong;Roh, Byoung-Kuk;Park, Yong-Gul
    • Proceedings of the KSR Conference
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    • 2009.05a
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    • pp.331-340
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    • 2009
  • This study is objected by suggesting rationalization method of management and maintenance cost for railway investment assessment. The estimate of rational benefit and cost are a work of vital importance to decide railway investment as preliminary feasibility investigation is institutionally reinforced since January 2007. In particular, railway management and maintenance cost have to be applied to realistic and detail cost as railway investment assessment guide. For example, types of railway, construction of new line, improvement of conventional line, double tracking, railway electrification. However, railway investment assessment is inconsistency because of estimating the railway management and maintenance cost using existing unrealistic management and maintenance cost. Therefore, this study is performed parametric analysis effecting on the railway management and maintenance cost considered new technique, enhanced facilities and improved standard. Also, it suggests the itemized standard management and maintenance cost. Finally, it will be helped to establish the base of railway investment through the rationalization method of management and maintenance cost.

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Development of a model for an equation for estimating construction costs based on the resource-based cost estimating system for TBM (TBM 공법의 자원기반 적산 방식에 의한 개산 공사비 예측 식 모델 개발)

  • Han, Seung-Hee;Park, Hong-Tae
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.14 no.3
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    • pp.1474-1480
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    • 2013
  • This study attempted to estimate construction costs in accordance with the resource-based cost estimation (unit cost price) system by diameter for TBM method, and analyzed the direct cost and the total cost. Based on such figures, this study performed a regression analysis and proposed a model for an equation for estimating construction costs. model for the resource-based cost estimation (unit cost price) system classified by diameter for TBM method proposed by this study can be effectively applied to business planning, preliminary investigation, feasibility study, construction cost estimations in the early design stages.