• 제목/요약/키워드: Total project cost management

검색결과 200건 처리시간 0.026초

APPLICATION OF FUZZY LINEAR PROGRAMMING FOR TIME COST TRADEOFF ANALYSIS

  • Vellanki S.S. Kumar;Mir Iqbal Faheem;Eshwar. K;GCS Reddy
    • 국제학술발표논문집
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    • The 2th International Conference on Construction Engineering and Project Management
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    • pp.69-78
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    • 2007
  • In real world, the project managers handle conflicting goals that govern the use of resources within the stipulated time and budget with required quality and safety. These conflicting goals are required to be optimized simultaneously by the project managers in the framework of fuzzy aspiration levels. The fuzzy linear programming model proposed herein helps project managers to minimize total project costs, completion time, and crashing costs considering indirect costs, contractual penalty costs etc by practically charging them in terms of direct cost of the project. A case study of bituminous pavement under construction is considered to demonstrate the feasibility of applying the proposed model for optimization of project parameters. Consequently, the proposed model yields an efficient compromise solution and the decision maker's overall degree of satisfaction with multiple fuzzy goal values. Additionally, the proposed model provides a systematic decision-making framework, enabling decision maker to interactively modify the fuzzy data and model parameters until a satisfactory solution is obtained. The significant characteristics that differentiate the proposed model with other models include, flexible decision-making process, multiple objective functions, and wide-ranging decision information.

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Some Special Cases of a Continuous Time-Cost Tradeoff Problem with Multiple Milestones under a Chain Precedence Graph

  • Choi, Byung-Cheon;Chung, Jibok
    • Management Science and Financial Engineering
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    • 제22권1호
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    • pp.5-12
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    • 2016
  • We consider a time-cost tradeoff problem with multiple milestones under a chain precedence graph. In the problem, some penalty occurs unless a milestone is completed before its appointed date. This can be avoided through compressing the processing time of the jobs with additional costs. We describe the compression cost as the convex or the concave function. The objective is to minimize the sum of the total penalty cost and the total compression cost. It has been known that the problems with the concave and the convex cost functions for the compression are NP-hard and polynomially solvable, respectively. Thus, we consider the special cases such that the cost functions or maximal compression amounts of each job are identical. When the cost functions are convex, we show that the problem with the identical costs functions can be solved in strongly polynomial time. When the cost functions are concave, we show that the problem remains NP-hard even if the cost functions are identical, and develop the strongly polynomial approach for the case with the identical maximal compression amounts.

Reinforced-Concrete Works Productivity Analysis on Nuclear-Power-Plant Project

  • Lim, Jin-Ho;Huh, Young-Ki;Oh, Jae-Hun;Seo, Hyeon-Taek
    • 국제학술발표논문집
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    • The 6th International Conference on Construction Engineering and Project Management
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    • pp.600-601
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    • 2015
  • Both the importance and process of estimating Nuclear-power plant construction time and cost have increased in significance as energy user costs themselves have become more significant. In estimating construction time, few parameters are more significant than work item production rates and factors significantly affecting the rates. A standardized data collection tool was used to acquire a total of 401 data points from a S Nuclear-power plant project, for selected critical works: form-work, rebar-work, and concrete-pouring. With the data, several hypothesized drivers of the man-hour production rates and crew-day production rates were also analyzed. Findings from this study will enable industry professionals to enhance accuracy of time and cost estimation for nuclear power plant construction.

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FUZZY GOAL PROGRAMMING FOR CRASHING ACTIVITIES IN CONSTRUCTION INDUSTRY

  • Vellanki S.S. Kumar;Mir Iqbal Faheem;Eshwar. K;GCS Reddy
    • 국제학술발표논문집
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    • The 2th International Conference on Construction Engineering and Project Management
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    • pp.642-652
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    • 2007
  • Many contracting firms and project managers in the construction industry have started to utilize multi objective optimization methods to handle multiple conflicting goals for completing the project within the stipulated time and budget with required quality and safety. These optimization methods have increased the pressure on decision makers to search for an optimal resources utilization plan that optimizes simultaneously the total project cost, completion time, and crashing cost by considering indirect cost, contractual penalty cost etc., practically charging them in terms of direct cost of the project which is fuzzy in nature. This paper presents a multiple fuzzy goal programming model (MFGP) that supports decision makers in performing the challenging task. The model incorporates the fuzziness which stems from the imprecise aspiration levels attained by the decision maker to these objectives that are quantified through fuzzy linear membership function. The membership values of these objectives are then maximized which forms the fuzzy decision. The problem is solved using LINGO 8 optimization solver and the best compromise solution is identified. Comparison between solutions of MFGP, fuzzy multi objective linear programming (FMOLP) and multiple goal programming (MGP) are also presented. Additionally, an interactive decision making process is developed to enable the decision maker to interact with the system in modifying the fuzzy data and model parameters until a satisfactory solution is obtained. A case study is considered to demonstrate the feasibility of the proposed model for optimization of project network parameters in the construction industry.

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교육시설물 BTL 사업의 유지관리 시스템 모듈 개발 (Development of Maintenance Management System Module in BTL Project for Educational Facilities)

  • 이은동;손재호;김재온
    • 한국건설관리학회논문집
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    • 제8권5호
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    • pp.132-141
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    • 2007
  • BTL 사업 대상 중 교육시설물은 교육인적자원부에 따르면 2007년까지 3개년에 걸쳐 13조원 이상 규모의 BTL 민간투자 사업을 발주하기로 하는 등 교육시설물의 건설은 국내 공공시설물 건설 사업에서 큰 비중을 점하고 있다. 본 연구에서는 교육시설물 BTL 사업의 비용 항목 중 운영관리비에 해당되는 위생관리비 산정 방법을 제시하였다. 또한 이를 바탕으로 유지관리 시스템의 주요 모듈을 개발하고, 개발된 모델의 타당성을 입증하기 위해 대안별 비용의 비교 분석을 실시하였다.

정부공사 건설 사업관리 용역의 대가 산정에 관한 연구 (A study on the estimate of construction management cost for public construction project in the CM for fee contract)

  • 정재영;윤태권
    • 한국건축시공학회지
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    • 제6권3호
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    • pp.115-122
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    • 2006
  • This study is aimed to get clear model for CM fee level in public construction project. For the practical use and main target, CM for fee contract only is assessed and analysed. Cost estimate by percentage of total contract sum and method based on the historical construction data have significant deficiency. An regression model and probabilistic model are suggested with 9 independent variables. In the case of limited work scope, an element based floor area model is suggested and concluded with fish-bone scheme.

Sources of Cost Saving Opportunities in Highway Construction Quality Assurance Practices

  • Uddin, Mohammad Moin;Newland, James
    • Journal of Construction Engineering and Project Management
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    • 제8권1호
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    • pp.1-9
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    • 2018
  • US transportation agencies are dealing with shrinking budgets, limited work forces, and deteriorating infrastructure. In order to cope with funding uncertainty, state highway agencies are now looking into their own organizations and identifying programs, practices, and processes that have potential for cost saving. A quality assurance (QA) program is an integral part of highway construction and ensures a project's contracted level of quality. The cost of quality (conforming and nonconforming) can constitute a sizable part of total construction cost. As the quality assurance programs evolved, various practices and processes were developed over time and later adopted by state highway agencies. These practices and processes include different QA standards and specifications, varying testing methods, central testing lab vs. on site testing, performance based vs. prescribed quality assurance practices, implementation of innovative quality assurance practices, etc. Therefore, there is an opportunity to assess different QA strategies and recommend those practices that are effective and cost efficient. A national survey was conducted by the authors, which provided a detailed mapping of various QA practices and processes used as part of QA programs and identified areas where agencies can focus on for cost savings. The survey found that QA sampling and testing plans, optimization of sampling plans, optimization of QA standards and specifications, and implementation of innovative test methods and processes are the main areas the agencies should focus to lean the current QA programs.

일일 수요량 변동성과 가용야적면적을 고려한 건설 자재의 경제적주문량(EOQ) 산정 프로세스 (Economic Order Quantity(EOQ) Determination Process for Construction Material considering Demand Variation and Stockyard Availability)

  • 윤정숙;유정호;김창덕
    • 한국건설관리학회논문집
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    • 제12권1호
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    • pp.33-42
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    • 2011
  • 자재 및 재고관리에 관한 부분은 전 산업 분야에서 기업의 이익을 위해 고려되는 주요 요소 중 하나이지만 국내 건설 프로젝트에서는 조달 관리의 중요성이 상대적으로 평가절하 되어왔고 기존의 재고관리에 관한 연구는 개별 요소로 한정되어 많이 연구되었으며 제조업의 이론을 도입하는 단계에 머물렀다. 따라서 건설 프로젝트의 자재 및 재고관리를 전체적인 프로세스 관점에서 바라보고 개선하며 기존 이론의 도입에 더하여 건설 프로젝트 특성 반영이 필요하다. 본 연구에서는 계획 단계의 현장 관점에서 야적장의 면적과 재고량을 이용하여 경제적주문량을 결정하는 자재관리 프로세스를 제안하고 이를 건설 현장의 기존 프로세스와 비교하여 그 유용성을 검증하였다.

LEED PERCEPTION DISPARITIES: DESIGNERS VERSUS NON-DESIGNERS

  • Hyun Woo Lee;Youngchul Kim;Doyoon Kim;Kunhee Choi
    • 국제학술발표논문집
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    • The 5th International Conference on Construction Engineering and Project Management
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    • pp.36-41
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    • 2013
  • With the increased interest in green buildings, the building industry has been experiencing a fast-growing demand for LEED (Leadership in Energy and Environmental Design) certification for the last decade. Still, it is not unusual to see various barriers and issues during its implementation, and experience tells that they can result in harming the overall project performance with reworks, lower productivity, schedule delays, and cost overruns. In order to better understand the industry's observation on issues and their consequences during LEED implementation, we distributed an online survey, and a total of 53 responses were received. The survey results indicate that (1) both designers and non-designers (e.g., contractors) select 'added costs to design and construction' as the biggest barrier; (2) both designers and non-designers select 'decision made too late in the design process' as the most frequently observed issue; and (3) non-designers indicate higher perceived severity in every consequence criteria than designers. The statistical analyses reveal that cost overruns are the most severe impact observed and have a statistically significant relationship with responses in regard to the barrier to LEED implementation.

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DEVELOPMENT OF A WEB-BASED COST AND DURATION MANAGEMENT SYSTEM FOR MEGA-PROJECTS

  • Chang-Taek Hyun;Run-Zhi Jin;Myoung-Jin Son;Seung-Yoon Shin
    • 국제학술발표논문집
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    • The 4th International Conference on Construction Engineering and Project Management Organized by the University of New South Wales
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    • pp.510-515
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    • 2011
  • Urban renewal projects, in the form of mega-projects, are being actively implemented both nationally and internationally to revitalize inactive cities. These programs, however, are difficult to manage efficiently due to their need for a large budget over a long period of time and due to conflicts with stockholders. Moreover, existing cost and duration management systems are structured with emphasis on the design and construction stage of unit projects, thus limiting their application to long-term mega-projects that are integrated with various facilities. To solve these problems, this study developed a web-based system that can collectively manage the cost and duration of mega-projects at a program level. The unit modules included in the system--CBS organization, construction cost and duration prediction, and total cost and duration prediction--can support decision-making at the early stage of the program. Furthermore, the modules, which include contract management, execution management, change management, and program progress management, support the program operations for its successful accomplishment. The web-based cost and duration management system developed in this study is expected to be used as a valuable tool that supports the successful accomplishment of mega-projects through their efficient management throughout their life cycle.

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