• Korean Journal of Construction Engineering and Management
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• v.18 no.3
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• pp.42-51
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• 2017

Measuring and evaluating project progress and performance are the key element of the construction project success. Construction progress is typically measured quantitatively by evaluating cost and time allocated to the project deliverable, and thus properly integrating cost and time is essential to the project management. This research was performed to propose an alternative methodology to integrate the cost and time and provide a framework for the progress measurement. The researchers developed a typical work process for the cost and schedule planning and also developed an alternative cost-schedule integration method by using progress integration units (PIU). A discipline of a construction phase served as a common level for WBS and CBS integration, so the PIUs'were defined under discipline. A case study project was selected to validate the developed methodology. The result showed the proposed method improved efficiency of cost and time integration. The result also showed the excluding material for the progress measurement purpose significantly reduced the bias of progress measurement.

• International conference on construction engineering and project management
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• 2005.10a
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• pp.808-813
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• 2005

Effective cost management requires reliable cost estimates at every stage of project development. The primary purpose of this research is to develop systematic modeling procedures and an automatic computing program for infrastructure estimating in the Texas Department of Transportation (TxDOT). The computing system toggles between project input information and segregated district unit prices for highway work item quantity estimates associated with earthwork and landscape, subgrade treatments and base, surface courses and pavement, structures, miscellaneous construction, and lighting, signing, markings and signals. This quantity-based approach was chosen because of the conventional approach lacking of quantity information until primary design is complete.

• Journal of Construction Engineering and Project Management
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• v.2 no.3
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• pp.40-47
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• 2012

Construction management is essential for a achieving any pre-determined objective. It is however seen that in spite of construction management, majority of the project do not keep up their original time schedule and their completion cost is also higher as compared with the estimated cost The main reason for overrun in time and cost is that the planning at the outset of the project was not adequate or method of planning was not a refined one. In this research work, I showed the overall conditions of construction work and management in Sylhet city of Bangladesh and found many drawbacks in the construction management after completing my research. I found several factors affecting proper construction management and I have provided brief results. I have also provided some recommendations after my research work.

• International conference on construction engineering and project management
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• 2009.05a
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• pp.685-691
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• 2009

Recently, public office building projects are being recognized by many construction engineers and researchers, as the critical projects in the construction industry. The project budgets have sometimes exceeded due to the lack of core knowledge, experiences, skills and experts concerned in cost planning and estimating in the pre-construction stage. It has been highlighted that planning and estimating effectively the cost of public office building projects as critical in the design stage. Within this context, some cost data books and systems, such as RSMeans cost data systems and Spon's price book, have been systematically developed and used by many construction cost managers and organizations in order to effectively estimate and use their project budgets. As a result of this research, a cost estimating model for finishes has been developed, considering the cost data used in public office building projects.

• International conference on construction engineering and project management
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• 2009.05a
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• pp.417-424
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• 2009

For a construction project to progress smoothly, effective cost estimation is vital, particularly in the conceptual and schematic design stages. In these early phases, despite the fact that initial estimates are highly sensitive to changes in project scope, owners require accurate forecasts which reflect their supplying information. Thus, cost estimators need effective estimation strategies. Practically, parametric cost estimates are the most commonly used method in these initial phases, which utilizes historical cost data (Karshenas 1984, Kirkham 2007). Hence, compilation of historical data regarding appropriate cost variance governing parameters is a prime requirement. However, precedent practice of data mining (data preprocessing) for denoising internal errors or abnormal values is needed before compilation. As an effort to deal with this issue, this research proposed a statistical methodology for data preprocessing and verified that data preprocessing has a positive impact on the enhancement of estimate accuracy and stability. Moreover, Statistically Preprocessed data Based Parametric (SPBP) cost models are developed based on multiple regression equations and verified their effectiveness compared with conventional cost models.

• Journal of the Korean Society of Safety
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• v.37 no.6
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• pp.50-59
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• 2022

In the Construction Technology Promotion Act (CTPA) of the Republic of Korea, safety management cost is enforced as a statutory cost that must be included in the budget of construction projects. However, the construction of underground electric power transmission facilities (UEPTFs) is not included in the category of construction works defined in the CTPA. Consequently, the statutory safety management cost does not apply to the construction of UEPTFs. To overcome this limitation, the clients of UEPTF construction projects generally provide internal guidelines enabling the addition of the safety management cost in the project budget. Nevertheless, even after the execution of the internal guidelines, some important cost items are omitted from the budget owing to the incompleteness of the guidelines. In this context, this paper proposes a complete set of accounting items and their calculation methods for appropriate budgeting of the safety management cost of UEPTF construction projects. To this end, the current budgeting method of the safety management cost of UEPTF construction projects is analyzed, and a questionnaire study is performed to confirm the necessary cost items and their appropriate calculation methods. Based on the results of the questionnaire study, a set of accounting items and their calculation criteria for the budgeting of the safety management cost of UEPTF construction projects are proposed.

• Journal of Construction Engineering and Project Management
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• v.4 no.4
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• pp.47-59
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• 2014

Client organization inadequate project planning before awarding the contract and insufficient monitoring and control system among the parties involved create severe problems. Ultimately, large-scale projects go beyond the expected cost and time control limits. This paper discusses the major issues involved with a large-scale Hydropower Project in Pakistan Public Sector environment. The latest approved Baseline Plan of project was reviewed and analyzed using Variance Analysis and Trend Analysis techniques in Primavera project management software to assess the efforts made of the parties involved. It was found that Project is 202% Cost overrun and 25% time delays from original contract award. After analysis of baseline plan and quantification of various variance issues in impacted activities, the questionnaire survey was conducted to identify the impact of causative factors. There were almost 17 most significant causative factors identified among 60 identified factors and responsibilities are assigned accordingly. At the end recommendations are made for strategic decisions as lessons learned during project evaluation.

• New & Renewable Energy
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• v.8 no.3
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• pp.38-46
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• 2012

Enhanced Geothermal System (EGS) among geothermal system types enables to produce sustainable energy even in non-volcanic region while conventional geothermal energy has been restricted to obtain only from hot and permeable formation such as in volcanic regions. Successful EGS project in terms of economy, however, can be expected only when the project is managed effectively considering most of influencing factors (e.g., tangible and intangible resources, cost, time, risks, etc.). In particular, well construction is of the utmost importance in geothermal project as it dominantly influences on time and cost in the whole project. Therefore, when it comes to viable geothermal project without abundant experience, managing drilling economically and efficiently is inevitable. In this study, a project management system for well construction in geothermal project based on project control system including work breakdown structure and cost account was developed to predict and assess the performance of drilling and to visualize the progress.

• International conference on construction engineering and project management
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• 2009.05a
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• pp.1201-1208
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• 2009

A making a decision of construction cost has important meaning and function for both contractor and owner in construction projects. Especially, it should be premised that estimating the construction cost in efficient and rational way in public construction, which is invested by government funds, for efficient execution of the budget and investment as a side of government. The systematic methodology for estimating construction cost approximately of a river facility construction project has not yet been established because of its unique characteristics including its relatively small project size in terms of cost. On this study, It collect and analyze a river facility construction historical cost data for develop an approximate cost estimating model for river applied by typical embankment section method and rate application of the others activity type. And it verify suitability of model through a that result of application of real river facility construction statement at developed model. By this study, it is expected to reasonable and systematic estimating construction cost through application of developed model.

• Architectural research
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• v.26 no.3
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• pp.63-72
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• 2024

Due to budgetary constraints, national landmarks symbolic of country's power and cultural stature face significant limitations in their creation. Within the current total project cost management system, there are considerable restrictions on constructing cultural facilities with various forms and designs, and there exists a societal need for a design-first administrative system for public buildings that demand artistry and symbolism. This study explores the potential and limitations of applying exceptions to the total project cost management system through the designation of representative artistic architecture. It discusses directions for the implementation of government-level systems. To this end, a literature review on budget management and national project management was conducted, and an analysis of related policy cases both do-mestically and internationally was performed to select applicable examples and consider their implications for policy utilization within the domestic context. The results discuss the necessity of public art building construction, the issues with construction budgets, and the in-volvement of world-class architects. Analytical implications include the need for realistic budget setting for construction projects, establishing clear promotion criteria, and creating a phased process and expert evaluation panel.