• Title/Summary/Keyword: construction cost estimate standard

Search Result 70, Processing Time 0.021 seconds

Proposal and Evaluation of the Safety Inspection Cost Estimation Model for Multi-building Construction Project (군집시설물 건설공사의 안전점검 대가 산정모델 제안 및 평가)

  • Kim, Jin-Won;Bang, Jong-Dae;Sohn, Jeong-Rak
    • Journal of the Architectural Institute of Korea Structure & Construction
    • /
    • v.33 no.12
    • /
    • pp.11-18
    • /
    • 2017
  • The safety inspection cost of the construction work was based on commercial facilities classified as a single building. Therefore, it is not possible to fully reflect the characteristics of the multi-building construction project such as apartment houses. Therefore, this study suggests a reasonable estimation model that can fully reflect the characteristics of the multi-building construction project. The safety inspection cost estimation model proposed two models such as construction cost ratio method and cost plus fixed fee method. And these models were simulated by the apartment construction work and compared with the current standard. As a result, the current construction cost ratio method has shown that the safety inspection cost tends to be overestimated as the construction size increases. Therefore, the proposed model has reflected characteristics of the multi-building construction project, so that it can reasonably estimate the safety inspection cost more than the current standard.

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
    • /
    • v.2 no.4
    • /
    • pp.415-427
    • /
    • 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.

Application of Probabilistic Risk Analysis for Profitability-Evaluation of Apartment Reconstruction Projects (아파트 재건축사업의 수익성평가에 대한 확률적 위험도 분석 모형 적용방안)

  • Woo, Kwang-Min;Lee, Hak-Ki
    • Korean Journal of Construction Engineering and Management
    • /
    • v.7 no.5
    • /
    • pp.167-176
    • /
    • 2006
  • It was found that Korean Standard of Estimate which has been used as the only basis of cost estimate of public construction projects had some side effects such as jerry-build construction and over-estimation because it failed to reflect the current price and the state-of-the-art construction methods in a changing construction environment. Therefore, the government decided to gradually introduce historical construction cost into cost estimate of public construction projects from 2004. This paper presents analytic criteria and a process model for deducing more current and reasonable historical construction cost for contract items from not only previous contract prices but also all of the other bid prices that were not contracted. The procedure of estimating actual unit cost proposed in this paper focuses on the removal of abnormal values including strategically too low or high prices and the time correction. In addition, basic research is conducted for the correction of actual unit cost through the analysis of fluctuation of bid price depending on bidding types and rates of successful bid. It is anticipated that the effective use of the proposed process model for estimating actual unit cost would make the cost estimation more current and reasonable.

Development of a Cost Index for Site Developing Project (단지조성공사용 공사비 지수의 개발)

  • Bae Keon;Lee Tai-Sik;Park Jong-Hyun;Lee Won-Yong
    • Proceedings of the Korean Institute Of Construction Engineering and Management
    • /
    • autumn
    • /
    • pp.423-426
    • /
    • 2002
  • The foundation for developing a cost estimation system based on historical data has been being prepared in Korea. Historical data is a priori of developing a cost estimation model. Cost Index, one of the historical data, is used to estimate construction cost and to adjust the amount of contract money in the foreign country, whereas it is not used in domestic except for the road construction project in Korea. Construction cost indices can be used by an estimator in tender analysis, pricing, price adjustment, cost planning, and forecasting. In this regards, this paper identified the problems in developing Cost Index evaluation process by comparing the standard of framing Cost Index used in British to the one used in Korea. Then, the scheme for improving a Cost Index required for Site Developing Construction was proposed. Twenty-two cases of engineering estimate data were used to compare the domestic standard to the foreign one in deriving a Cost Index.

  • PDF

A Study on the Time Series Analysis of the Actual Unit Cost based on the Bid Prices (시계열을 이용한 실적단가 예측방안에 관한 연구)

  • Park, Won-Young;Seo, Jong-Won;Kang, Sang-Hyeok;Choi, Bong-Joon
    • Korean Journal of Construction Engineering and Management
    • /
    • v.10 no.4
    • /
    • pp.50-57
    • /
    • 2009
  • The Korea Standard of Estimate which has been used as the only basis of Cost estimate of public construction projects is failed to reflect the fluctuation of current construction cost. Therefore, the government decided to gradually introduce historical construction cost into cost estimate of public construction projects from 2004 and to reduce the use of Korean Standard of Estimate. This paper presents a series of process and the methodology for computing Actual Cost and analyzing the fluctuation patterns based on not only previous contract prices which made a successful bid but also all of the other bid prices. Also, this paper mainly handles a device for extracting strategic bid price such as low price bid for assuring reliable data and for predicting the construction cost which is built by Wavelet Analysis of Time series Analysis data and Neural Network. It is anticipated that the effective use of the proposed process for estimating actual unit cost would make the cost estimation more current and reasonable.

An Analysis on the Influence Factors relative to Reliability of Standard Production Unit System (표준품셈의 신뢰성에 대한 영향요인 분석)

  • Kim, Yong-Woo;Shin, Won-Sang;Son, Chang-Baek
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2011.05a
    • /
    • pp.187-189
    • /
    • 2011
  • Standard production unit system has been used as accumulated standard for the cost estimation of public construction projects. However, it is difficult to estimate reasonable cost due to adaptation of a uniform standard and reflect changes in the technology. The purpose of this study is to provide basic data for improvement of standard production unit system through the identifying problems and analysing its influence on enactment and/or revision work of standard production unit system.

  • PDF

Comparative Analysis on Productivity Data and Cost Estimate System of Road Bridge Construction in Korea and China (한국 및 중국 도로교량공사의 생산성자료 및 예정가격 산정시스템 비교분석)

  • Chang, Cheng;Huh, Youngki
    • Korean Journal of Construction Engineering and Management
    • /
    • v.21 no.3
    • /
    • pp.39-47
    • /
    • 2020
  • There are two kinds of cost estimate system in construction in china. Quota valuation model is a traditional cost estimate system under the unity of quantity and price, which is easier and has been used for decades. But the Quota valuation model becomes increasingly unsuited to the needs of society with the development of market economy. To meet the needs of China's market economy development and construction works in the field of international cooperation, the Bill of Quantities valuation model was introduced in 2003. However, there are still many shortcomings and deficiencies in the course of implementation of Bill of Quantities valuation model. In addition, interest in the Chinese construction market continues to increase in Korea due to the recent new North Korean policy and China's the Belt and Road policy. This paper aims to examine the cost estimate system of public construction works in China, and to provide basic data for deriving future improvement plans by comparing and analyzing it with standard cost estimate system in Korea.

Study of a Online Survey System for Monitering of Construction Cost on Construction Site (건설현장 시장가격 모니터링을 위한 온라인 상시조사에 관한 기초연구)

  • Lee, Ju-hyun;Baek, Seung Ho
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2020.06a
    • /
    • pp.202-203
    • /
    • 2020
  • Unlike price calculation by cost accounting, which categorizes costs into material costs, labor costs, and miscellaneous expenses to determine the construction budget price, construction cost calculation based on Construction Standard Unit Prices utilizes unit prices extracted from market prices of items from projects already completed to estimate costs of similar construction projects. Although unit price information is collected through construction site surveys to revise these construction standard unit prices every year, but due to the limitations of the site survey method, it is difficult to quickly implement the rapid changes in the construction methods and market prices. As such, an important issue that arose was the identification of work items whose prices need urgent revision. This study conducted research on factors that need to be considered when developing online survey system for monitoring construction site market prices. This study is expected to enhance convenience for users, and provide an efficient data collection and management system for administrators.

  • PDF

A Study on Estimating Construction Equipment Annual Standard Operating Hours (건설기계 연간표준가동시간 산정에 관한 연구)

  • Lee, Joong-Seok;Huh, Young-Ki;Ahn, Bang-Ryul
    • Journal of the Korea Institute of Building Construction
    • /
    • v.8 no.1
    • /
    • pp.37-42
    • /
    • 2008
  • As use of construction equipment has been increasing continuingly, the proportion of equipment expense to the total construction cost has become higher. However, there is a difference between the equipment expenses section in 'Poom-Sam' and practical data, because 'Poom-sam' does not consider non-working days due to weather conditions, legal holidays and management conditions. Therefore, 'Poom-Sam' does not present a reasonable standard for estimating construction equipment expenses. In this study, to estimate realistic construction equipment operating hours, firstly, construction equipment was classified according to work, and weather conditions, in which each work could not be executed, were established. Then, weather data on Seoul and Busan($2004{\sim}2006$) and legal holidays were analyzed to suggest annual standard operating hours. The annual standard operating hours of earthmoving & excavating, compaction, and drilling equipment was estimated to be 1,430 hours, and lifting equipment, concrete paving equipment, asphalt paving equipment, concrete equipment, and crushing & conveying equipment were estimated to be 2,124 hours, 1,156hours, 1,188hours, 1,688hours, and 2,152hours respectively.

Proper Estimating Method for Environmental Preservation Cost in Road Projects (도로공사 환경보전비의 적정 산출 방안)

  • Park, Ji-Sun;Lee, Sea-Hyun
    • 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.