• Title/Summary/Keyword: actual work cost

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A Study on the Measures for Work Interference Reduction in Apartment Construction (공동주택 공사의 작업간 간섭 감소 방안에 관한 연구)

  • An Sung-Hoon;Kim Joon-Ho;Kang Kyung-In
    • Journal of the Korea Institute of Building Construction
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    • v.6 no.1 s.19
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    • pp.117-122
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    • 2006
  • Apartments construction is a one of largest parts in buildings construction. In apartments construction, work interferences are frequently occurred in work processing because workspaces are very various and numerous. However, though work process is important for mainly influencing to the schedule, quality and cost of apartments construction, these work interferences are considered a kind of uncertainty, which is difficult to anticipate at construction planning stage, in work processing. Therefore, this study proposed the measures for work interference reduction in apartment buildings construction and the actual planning for practices. The results can be summarized as follows: (1) the standard of work process is checked regularly. (2) The scope of work and work process is adjusted. (3) The standard of drawings process and cost about work interferences work profess is established.

A Study on the Actual Conditions of Quality Standards Recognition of Rebar Workers (철근작업자의 품질기준 인지 실태 조사)

  • Lee, Byung-Yun;Choi, Oh-Young;Han, Byung-Min;Kim, Gwang-Hee
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2009.05b
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    • pp.243-246
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    • 2009
  • Importance of quality control is gradually increasing in the construction. And the reber work is very important things which influence in safety and durability of the building and accounts for about 9.8% of the total cost. Although reber work is important, quality control of the rebar work is still performed by attitude and experience of worker. Therefore, it is very important to quality achievement effort and quality standards recognition of rebar worker for quality sophistication in the construction. Some papers have dealt with the quality control in construction. But there was no study for actual conditions of quality standards recognition of rebar workers. The purpose of this study is to survey the actual conditions of quality standards recognition of rebar workers and to analyze difference of consciousness of administrator and worker. The result are : there id difference of consciousness of worker and administrator, workers work without knowing quality standard.

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Development of a Cash Flow Forecasting Model for Housing Construction (공동주택 공사의 현금흐름 예측 모델 개발에 관한 연구)

  • Jang, Joo-Hwan;Kim, Ju-Hyung;Jee, Nam-Yong
    • Journal of the Korea Institute of Building Construction
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    • v.12 no.3
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    • pp.257-265
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    • 2012
  • Many construction companies are simultaneously carrying out numerous projects in the housing construction industry. It is essential to accurately forecast the cash flow of a project through optimal process management and resource input in order to manage funds rationally and enhance the competitiveness of a company. Current cash flow forecasting methods offer lower accuracy due to a large gap between the revenue and expenditure element. Expenditure elements depends on the real-time changing actual cost for work performed. This research survey was conducted on the actual state of construction management of K company to investigate the problems of cash flow forecasting. To achieve this, the work process and construction management system were integrated to improve the cost management system of K company. To accurately forecast the cash flow of a project, revenue and expenditure elements were displayed in the total cash flow forecast window. This research is expected to assist in the implementation of a system of cash flow forecasting on housing construction by excluding negative elements of revenue and expenditure.

Time Series Analysis and Forecast for Labor Cost of Actual Cost Data (시계열분석을 통한 실적공사비의 노무비 분석 및 예측에 관한 연구)

  • Lee, Hyun-Seok;Lee, Eun-Young;Kim, Yea-Sang
    • Korean Journal of Construction Engineering and Management
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    • v.14 no.4
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    • pp.24-34
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    • 2013
  • Since 2004, the government decided to gradually introduce Actual Cost Data into cost estimate for improving problems of below-cost tendering and to reflect fair market price through competition and carry contract efficiently. However, there are many concerns that Actual Cost Data has not reflected real market price, even that has contributed to reduce the government's budget. General construction firm's burden for labor cost is imputed to specialty contractors and eventually it becomes construction worker's burden. Therefore, realization of Actual Cost Data is very important factor to settle this system. To understand realization level and make short term forecast, this paper drew construction group of which labor cost constitutes more than 95% of direct cost, and compares their Actual Cost Data with relevant skilled workers's unit wage and predicts using time series analysis. The bid price which is not be reflected market price accelerates work environment changes and leads to directly affect such as late disbursement of wages, bankruptcy to workers. Therefore this paper is expected to be used to the preliminary data for solving the problem and establishing improvement of Actual Cost Data.

Demolition Cost Estimation of Small-size Rental Housing based on the Quantity per Unit Method (원가계산방식에 의한 다가구임대주택 해체공사비 예측)

  • Park, Seong-Sik;Lee, Sung-Bok;Shin, Sang-Hoon
    • Land and Housing Review
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    • v.2 no.4
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    • pp.415-427
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    • 2011
  • This study is aiming at estimating the demolition cost of deterioration housing by the rational method in order to provide for the demolition and new build project of the rental multi-family housing of LH. We investigated the actual state of demolition construction and work process of small size housing, and analysed an actual condition of estimation for the demolition cost through an advice by the expert of construction cost estimate. Furthermore, the 'estimation standard for the predetermined amount', 'estimation standard for the disposal cost of construction wastes' and precedent studies in public construction work were considered. As one of results in this study, cost accounting system, breakdown system and construction cost for the demolition work based on the standard of estimate were proposed and the predetermined amount of demolition construction for the multi-family housing with 2 or 3 floors could be produced by them. Eventually, It is estimated that the demolition cost per a multi-family housing is about 18,331,000(won) and 104,000(won) per floorage($m^2$). To the details, the result indicated that the direct demolition cost needs about 14,339,000(won) per a multi-family housing and the consignment disposal cost of wastes needs 3,992,000(won) per one. The results of the study will be used as the fundamental data to estimate the project cost in the phase of budget establishment for demolition and new build project of the deteriorated rental multi-family housings, and also cost accounting system of demolition construction and breakdown system are expect to be used effectively at the ordering of public construction work.

The Efficiency Analysis of the Safety Investment Cost in Construction Work (건설공사의 안전투자비에 대한 효과 분석)

  • Park Jong-Keun;Ro Min-Lae;Yi Kwan-Hyung
    • Journal of the Korean Society of Safety
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    • v.19 no.4 s.68
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    • pp.94-100
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    • 2004
  • This study delivers the actual condition of investment for industrial accident prevention based on survey of 500 construction sites from 'reports for 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.

A Computerized Construction Cost Estimating Method based on the Actual Cost Data (실적 공사비에 의한 예정공사비 산정 전산화 방안)

  • Chun Jae-Youl;Cho Jae-ho;Park Sang-Jun
    • Korean Journal of Construction Engineering and Management
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    • v.2 no.2 s.6
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    • pp.90-97
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    • 2001
  • The paper considers non-deterministic methods of analysing the risk exposure in a cost estimate. The method(referred to as the 'Monte Carlo simulation' method) interprets cost data indirectly, to generate a probability distribution for total costs from the deficient elemental experience cost distribution. The Monte Carlo method is popular method for incorporating uncertainty relative to parameter values in risk assessment modelling. Non-deterministic methods, they are here presented as possibly effective foundation on which to risk management in cost estimating. The objectives of this research is to develop a computerized algorithms to forecast the probabilistic total construction cost and the elemental work cost at the planning stage.

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A Suggestion of Contingency Guidelines According to ISDC Based on Overseas Contingency Data

  • Minhee Kim;Chang-Lak Kim;Sanghwa Shin
    • Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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    • v.20 no.4
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    • pp.541-550
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    • 2022
  • When decommissioning nuclear power plant (NPP), the first task performed is cost estimation. This is an important task in terms of securing adequate decommissioning funds and managing the schedule. Therefore, many countries and institutions are conducting continuous research and also developing and using many programs for cost estimation. However, the cost estimated for decommissioning an NPP typically differs from the actual cost incurred in its decommissioning. This is caused by insufficient experience in decommissioning NPPs or lack of decommissioning cost data. This uncertainty in cost estimation can be in general compensated for by applying a contingency. However, reflecting an appropriate standard for the contingency is also difficult. Therefore, in this study, data analysis was conducted based on the contingency guideline suggested by each institution and the actual cost of decommissioning the NPP. Subsequently, TLG Service, Inc.'s process, which recently suggested specific decommissioning costs, was matched with ISDC (International Structure for Decommissioning Costing)'s work breakdown structure (WBS). Based on the matching result, the guideline for applying the contingency for ISDC's WBS Level 1 were presented. This study will be helpful in cost estimation by applying appropriate contingency guidelines in countries or institutions that have no experience in decommissioning NPPs.

On Error Modeling and Compensation of Machine Tools (공작기계 오차 모델링과 보정에 관한 연구)

  • Song, Il-Gyu;Choi, Young
    • Journal of the Korean Society for Precision Engineering
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    • v.13 no.1
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    • pp.98-107
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    • 1996
  • The use of composite hyperpatch model is proposed to predict a machine tool positional error over the entire work space. This is an appropriate representation of the distorted work space. This model is valid for any configuration of 3-axis machine tool. Tool position, which is given NC data or CL data, contains error vector in actual work space. In this study, off-line compensation scheme was investigated for tool position error due to inaccuracy in machine tool structure. The error vector in actual work space is corrected by the error model using Newton-Raphson method. The proposed error compensation method shows the possibility of improving machine accuracy at a low cost.

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A Study on the Actual Condition Analysis and Improvement of Rebar Work in Korean Building Construction (국내 철근공사 실태분석 및 개선방안에 관한 연구)

  • Park, U-Yeol;Kim, Gwang-Hui;Gang, Gyeong-In
    • Journal of the Korea Institute of Building Construction
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    • v.4 no.3
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    • pp.83-91
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    • 2004
  • With labor shortage and high-wage era, the construction cost is rising and the construction business is dull, demanding the construction environment of Korea to raise profitability through major cost savings and rationalization of construction management. However, although reinforcing bar(rebar) work, which greatly effects the building's safety, endurance, and construction time, is an important phase in construction, it holds serious problem of quality and productivity deterioration due to its characteristic of intensive-labor and maintaining of old work methods resulting in poor management, and costs increase. Therefor in this study to investigate current situation and problems of rebar work and to find methods of betterment, a survey was conducted to site engineers and individuals in division of cost estimate of domestic construction company. The survey questions were on the subjects of (1) calculating rebar quantity, (2) ordering and procurement, (3) rebar cutting and bending, and (4) rebar work management. Method of improvement was sought by analyzing the results of the survey