• International conference on construction engineering and project management
• /
• 2011.02a
• /
• pp.653-658
• /
• 2011

Construction works of civil infrastructure projects generate a considerable amount of carbon emissions by utilizing a set of energy-intensive equipment and causing traffic congestion. However, the voluntary efforts of the contractor to mitigate these emissions are at an early stage. To address this issue, this paper explores the opportunities to take carbon emissions that would be caused from construction works into consideration in contracting methods and procedures. The opportunities for reducing carbon emissions from construction activities themselves are examined under the framework of Performance Contracting for Construction (PCfC), and carbon emissions from traffic congestion are attempted to be incorporated into the Road User Cost (RUC) calculation. This paper also identifies and discusses major challenges that must be confronted when considering the mitigation of these emissions in contracting methods and procedures.

• International conference on construction engineering and project management
• /
• 2011.02a
• /
• pp.58-65
• /
• 2011

Construction Productivity is one of the most important elements in construction management. It is used in construction process scheduling and cost management, which are significant sector in construction management. It is important to make appropriate schedule and monitor how works are done within schedule. But construction project contains uncertainty and inexactitude, modifying construction schedule is being an issue to manage construction works well. Even though prediction and monitoring of productivity can be principal activity, it is hard to predict productivity with manager's experience and a standard of estimate. A large number of factors influencing productivity, such as drawing, construction method, weather, labor, material, equipment, etc. But current calculation of productivity depends on empirical probability, not consider difference of each influencing factor. In this research, the aim is to present a productivity predicting regression model of form work, which includes effectiveness of influences factors. 5 variables existed inside form work are selected by interview and site research based on literature review of existed various productivity influencing factors. The effectiveness and correlation of productivity influencing factors are analyzed by statistical approach, and it is used to make productivity regression model. The finding of this research will improves monitoring and controlling of project schedule in construction phase.

• Korean Journal of Construction Engineering and Management
• /
• v.15 no.2
• /
• pp.33-43
• /
• 2014

Goods, services and construction works needed by central government entities, local government entities, and other public institutions are procured with national budget. For efficient budget execution, Article 9 Paragraph 1 of the Enforcement Decree of the Act on Contracts to Which the State is a Party (hereinafter "State Contract Act") provides for the criteria for determining estimated price. Sub-paragraph 2 of the paragraph provides for the "determination of estimated price by cost calculation". On this legal basis, pricing criteria for the determination of estimated price, based on the project purpose, are announced by responsible authorities. This study analyzes the pricing criteria for technology services and proposes a price calculation methodology that can ensure transparency, as a practical improvement for more rational and efficient budget execution in the public sector.

• New & Renewable Energy
• /
• v.16 no.4
• /
• pp.65-75
• /
• 2020

The value of tangible assets depreciates over their useful life and this depreciation should be adequately reflected in any tax or financial reports. However, the method used to calculate depreciation can impact the financial performance of solar projects due to the time value of money. Korean tax law stipulates only one method for calculating the depreciation of solar photovoltaic facilities: the straight-line method. Conversely, USA's tax law accepts other depreciation methods as solar incentives, including the modified accelerated cost recovery system (MACRS) and Bonus depreciation method. This paper compares different depreciation methods in the financial analysis of a 10 MW solar system to determine their effect on the financial results. When depreciation was calculated utilizing the MACRS and Bonus depreciation method, the internal rate of return (IRR) was 10.9% and 16.4% higher, respectively, than when the Korean straight-line depreciation method was used. Additionally, the increased IRR resulting from the use of the two US methods resulted in a 20.5% and 27.4% higher net present value, respectively. This shows that changing the depreciation calculation method can redistribute the tax amount during the project period, thereby increasing the discounted cash flow of the solar project. In addition to increasing profitability, USA's depreciation methods alleviate the uncertainty of solar projects and provide more flexibility in project financing than the Korean method. These results strongly suggest that Korean tax law could greatly benefit from adopting USA's depreciation methods as an effective incentive scheme.

• Korean Journal of Construction Engineering and Management
• /
• v.13 no.2
• /
• pp.3-10
• /
• 2012

The current enforcement regulation of "Construction Technology Management Act" prescribes calculation standard of environmental preservation cost in construction site. According to this standard, environmental preservation cost is calculated by using the quantity-per-unit costing method or applied fixed rate on direct cost. However, when calculated by using the quantity-per-unit costing method it is few items to put in the budget according to standard of construction estimate and in the case of using the fixed rate on direct cost it is not considering various characteristics of the construction site. Therefore, it is needed a improvement plan of estimating method and management system for environmental preservation cost. In this study, it surveyed the actual state of the environmental preservation cost according to magnitude of project, site location, anti-pollution facilities and etc. over 38 road projects. The research reported in this paper environmental preservation cost was variously distributed over construction sites. Thus it needs to estimating method and management system to consider characteristics of construction site for environmental preservation cost.

• Proceedings of the Korean Institute Of Construction Engineering and Management
• /
• 2008.11a
• /
• pp.297-300
• /
• 2008

Since the Three Dimensional Computer Aided Design(3D CAD) appeared in 1990s, Building Information Modeling(BIM) has got the great issue in the construction project nowadays. BIM is the process of managing and generating building information during life cycle of a construction project. And information can be moved to 3D modeling flexibly in BIM. As a result, a field of estimating has also been doing researches in the calculation of the amount of building materials from 3D modeling. And the Construction Cost Estimating Software which is generally used over the world has been trying to be applied to the Construction project in Korea. But, when we consider the productivity, it is less efficient than the existing way in Korea which use the 2D Drawings when they take off the Quantity. Also, there are lots of difference how to estimate the construction cost. between Korea and the others. Because it is a bit hard to apply the software used in the other countries to the construction project in Korea, people couldn't use it well in the construction project actually. In this study, for developing the appropriate construction cost estimating software rooted in 3D in Korea, we suggest 3D CAD Add-on Program for a Quantity Take-off which can move quantitative information to 3D CAD.

• Journal of the Korean Society of Environmental Restoration Technology
• /
• v.16 no.2
• /
• pp.23-40
• /
• 2013

The natural environment restoration industry has been newly included in the environment area of engineering technology. Accordingly, the enactment of a standard of estimate for determining the 'Cost plus Fixed Fee' method has become necessary for the implementation and vitalization of natural environment restoration projects. The purpose of this study is to determine the standards for which the prices for engineering projects are calculated with respect to the enactment of an engineering project standard of estimate in the natural environment restoration field. These include the scope of the technological work, standard area, manpower requirements by technical grade that are necessary for carrying out the technological tasks. Relevant laws and regulations, systems and precedent case studies were investigated and analyzed to establish a price calculation standard. The overall results of the analysis were used and applied to questionnaires, public hearings, and expert delphi techniques. The study showed the following results： The scope of the technological work was categorized into 'Biotopes', 'Eco-corridors' and 'Ecological restoration'. The standard area was set up as $1,000m^2$ for 'Biotopes' and $5,000m^2$ for 'Eco-corridors' and 'Ecological restoration'. The manpower requirements by technical grade that are necessary for carrying out the technological tasks were determined. The suitability of the costs, standard area, manpower requirements by technical grade of ordered engineering projects that are determined by applying the standard of estimate for natural environment restoration that may be enacted pursuant to this study may be effectively investigated and analyzed. Moreover, further studies on the calculation of standard prices that can ensure the stability of natural environment restoration projects will be necessary.

• Journal of Information Processing Systems
• /
• v.17 no.3
• /
• pp.473-488
• /
• 2021

The enterprise resource planning (ERP) system is a standardized and advanced business process that many companies are implementing now-a-days through customization. However, it affects the efficiency of operations as these customizations are based on uniqueness. In this study, we analyzed the impact of customized modules and processing time on customer service request (CSR), by utilizing the stacked CSR data during the construction and operation of ERP, focusing on small and medium-sized enterprises (SMEs). As a result, a positive correlation was found between unit companies and the length of ERP implementation; ERP modules and the length of ERP implementation; ERP modules and unit companies; and the type of ERP implementation and ERP module. In terms of CSR, a comparison of CSR processing time of CBO (customized business object) module and STD (standard) module revealed that while the five modules did not display statistically significant differences, one module demonstrated a statistically very significant difference. In sum, the analysis indicates that the CBO-type CSR and its processing cost are higher than those of STD-type CSR. These results indicate that companies planning to implement an ERP system should consider the ERP module and their customization ratio and level. It not only gives the theoretical validity that should be considered as an indicator for decision making when ERP is constructed, but also its implications on the impact of processing time suggesting that the maintenance costs and project scheduling of ERP software must also be considered. This study is the first to present the degree of impact on the operation and maintenance of customized modules based on actual data and can provide a theoretical basis for applying SW change ratio in the cost estimation of ERP system maintenance.

• Journal of the Korea Institute of Building Construction
• /
• v.14 no.5
• /
• pp.477-485
• /
• 2014

Standard production unit system and historical cost data are the most typical data base for calculating budget price in construction. However, these construction cost estimation methods are difficult to calculate proper construction cost because definition, additional allowance or modification criteria is not clear in construction within one day. Therefore, this study identifies problems for standard production unit system and historical cost data and suggests the improvements for them. For the objectives, this study analyzes frequency after implementing survey for 44 specialty contractors in placing at kyeonggi-province. As the results of the study, labor costs in standard production unit system and equipment costs in historical cost data and in construction of pavement and maintenance by project type was exceeded at most high rate against construction cost estimation methods. Based on this result, standard production unit system and historical cost data need to be modified by three improvements such as classification by project scale. These will be baseline data for improvement of construction cost estimation methods for less than one day workload.

• Proceedings of the Korean Institute of Building Construction Conference
• /
• 2019.11a
• /
• pp.48-49
• /
• 2019

The number of disputes over defects after completion of construction work in apartment buildings is increasing every year. In this situation, the prediction of reasonable defect repair costs is very important. In this paper, we are going to collect basic data for predicting defect repair costs through the correlation analysis of the construction period and defect repair cost of apartment houses. For this purpose, first of all, the construction period and defect repair cost of apartment houses were analyzed to analyze the construction period for each type of work, the construction period for each project type, and the construction period for each standard calculation. Next, the correlation between defect repair cost and the independent variables of the candidate was conducted. According to the analysis, the ratio of framing air, the ratio of finishing air, and the number of delay days showed strong correlation.