• Title/Summary/Keyword: construction cost estimation

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A Benchmarking Study on CM Fee Estimation (해외사례 벤치마킹에 기반한 국내 CM 대가체계 개선 시사점 도출)

  • Kim, Sang-Bum;Lee, Jeong-Dae;Kim, Jae-Wook
    • Korean Journal of Construction Engineering and Management
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    • v.9 no.1
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    • pp.96-106
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    • 2008
  • The Korean Construction Industry significantly contributed to the Korean economic development not only by preparing the domestic infrastructure but also by successfully conducting various international projects. However, major incidents such as the collapse of Sung-Su Bridge and Sam-Pung Department Store along with stagnation of Korean Economy have raised questions about underlying systematic problems of the Korean Construction Industry. As a solution to resurrect the Korean Construction Industry, the Construction Management (CM) system introduced in late 1990's and increasingly utilized as an innovative delivery system. Despite of the fast growth of CM, the performance of CM has not been up to the hype and low CM fee has been identified as one of the main reasons of unsatisfactory CM performance. Therefore, this research attempted to propose ways of improving 'CM Fee Guidelines' published by Korean Ministry of Construction and Transportation by conducting a benchmarking study on Global Standards of estimating CM Fee. International organizations benchmarked in this research include CMAA, ASCE, DOL, DOE, etc. Various investigation and analysis revealed that Korean 'CM Fee Guidelines' need to significantly modified comparing to Global Standards. This research also tried to prepare recommendations to improve the CM deliver system focusing on the 'Method of CM Fee Estimation' and Selection of a CM firm as an owner's agent.

Analyzing Environmental Impacts in Construction Project at Different Ownership - Focus on Express Road Pavement Process - (공공발주자와 민간기업 측면의 건설공사 온실가스 환경비용 영향분석 - 고속도로 포장공종을 중심으로 -)

  • Jang, Woo Sik;Park, Heedae;Han, Seung Heon;Jeon, Jong Seo
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.31 no.1D
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    • pp.111-117
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    • 2011
  • In the wake of increased concerns on reduction of greenhouse emission which started with United Nation's Framework Convention on Climate Change (UNFCCC) and Kyoto protocol, Korean government is making various efforts under the represented slogan "Low Carbon, Green Growth". Therefore, it is inevitable that construction industry also follow the Korea government's slogan and the international trend in environmental problems. This study identified several main construction materials and equipments of civil construction projects and suggested a environmental cost estimation method and related estimation standards (Public and private owners are distinguished). A case analysis of a real road construction project is also performed and characteristics according to the owner type is compared. This study analyzed the environmental impact to total construction cost variations. In the result, public owner required 11~16% of extra budget and private owner required 19~22% of extra costs. This study is limited in consideration of environmental factors and carbon trading prices.

A Study on Cost-Benefit Analysis of BIM-based Integrated Design Process in Korean Architectural Offices (국내 설계사무소의 BIM기반 통합설계프로세스 도입에 따른 비용효과분석에 관한 연구)

  • Seo, Ji-Hyo;Choo, Seung-Yeon
    • Korean Journal of Computational Design and Engineering
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    • v.15 no.4
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    • pp.261-270
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    • 2010
  • These days, architectural projects are becoming larger and more complex. And lots of information occurs through each phases and areas. For these reason, it is emphasized that collaboration with other parts. Therefore we need more effective architectural design process. However, it is difficult to collaborate in early stage with existing design process and it causes unnecessary spending of time and cost because of 2D-based working system. For solving these problem, we should introduce BIM-based Integrated Design Process which makes it possible to collaborate with other parts from early stage. Now the AEC industry in Korea has been trying to introduce BIM, and promoting variety of related business. However, for actual application of this system, it is unfortunately necessary to change various system throughout the construction industry. And this will cause lots of effort and expense. It is essential that scientific analysis and evaluation of efficiency and validity about this investment, because estimation of the investment and accompanying effects will provide reasonable standard of judgment for investment decision. Thus, this research conducted Cost-Benefit Analysis about BIM-based Integrated Design Process compared to existing design process. It is expected that this paper can be used for preliminary data in the future BIM market.

Applications of bridge information modeling in bridges life cycle

  • Marzouk, Mohamed M.;Hisham, Mohamed;Al-Gahtani, Khalid
    • Smart Structures and Systems
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    • v.13 no.3
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    • pp.407-418
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    • 2014
  • The purpose of this paper is to present an Integrated Life Cycle Bridge Information Modeling that can be used throughout different phases of the bridge life cycle including: design, construction, and operation and maintenance phases. Bridge Information Modeling (BrIM) has become an effective tool in bridge engineering and construction. It has been used in obtaining accurate shop drawings, cost estimation, and visualization. In this paper, BrIM is used as an integrated tool for bridges life cycle information modeling. In the design phase, BrIM model can be used in obtaining optimum construction methods and performing structural advanced analysis. During construction phase, the model selects the appropriate locations for mobile cranes, monitors the status of precast components, and controls documents. Whereas, it acts as a tool for bridge management system in operation and maintenance phase. The paper provides a detailed description for each use of BrIM model in design, construction, and operation and maintenance phases of bridges. It is proven that BrIM is an effective tool for bridge management systems throughout their life phases.

A Study on Development of Maintenance Cost Estimation System for BTL Project of Education Facilities Using Optimization Methodology (최적화기법을 활용한 교육시설물 BTL 사업 운영관리비용 비용예측 시스템 개발 기초연구)

  • Cho, Chang-Yeon;Son, Jae-Ho;Kim, Jea-On
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.1
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    • pp.45-57
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    • 2009
  • BTL (Build-Transfer-Lease) Project for Education Facilities are contracted as a package which consists of several education facilities. The general maintenance period of BTL project for education facilities is 20 years. Thus, total cost variation largely depends on the accuracy of the maintenance cost forecasting in the early stage in the life cycle of the BTL Project. This research develops a cost forecasting system using complete linkage algorithm and branch & bound algorithm to help in finding optimal bundling combination. This system helps owner's decision-making to estimate the total project cost with various constraints changing. The result of this research suggests more reasonable and effective forecasting model for the maintenance facilities package in the BTL project.

A Study on the Estimation of Optimum Remodeling Period for Apartment Buildings using Total Cost (경년별 총비용을 고려한 공동주택의 리모델링 시기 추정에 관한 연구)

  • Son Chang-Baek;Oh Chi-Don
    • Korean Journal of Construction Engineering and Management
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    • v.6 no.2 s.24
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    • pp.111-119
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    • 2005
  • Although the life-spans of most apartment buildings are over fifty years, they are often demolished and retrofitted only after twenty years, in spite of its remaining life expectancy, resulting in economical waste. The purpose of this paper is to estimate optimum remodeling period of apartment buildings using total cost. In this study it is seen that total sum of running cost of life-span on the buildings is about 4.69 times of initial cost till the fifty years of the life expectancy. The optimum remodeling period of the apartment building is thirty years applying the discount rate of $4.17\%$ and the discount rate should be $6.122\%$ to obtain the forty years of the optimum remodeling period. From the sensitivity analysis based on the change of the discount rates, it is seen that if discount rate decreases the optimum remodeling period can be extended, or vice versa. As a result, a time of the demolished and remodeling can be expected and the basic data can also be established for lengthening life-span of the apartment buildings.

Repair Cost Analysis for RC Structure Exposed to Carbonation Considering Log and Normal Distributions of Life Time (탄산화에 노출된 철근콘크리트 구조물의 로그 및 정규 수명분포를 고려한 보수비용 해석)

  • Woo, Sang-In;Kwon, Seung-Jun
    • Journal of the Korean Recycled Construction Resources Institute
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    • v.6 no.3
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    • pp.153-159
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    • 2018
  • Many researches have been carried out on carbonation, a representative deterioration in underground structure. The carbonation of RC (Reinforced Concrete) structure can cause steel corrosion through pH drop in concrete pore water. However extension of service life in RC structures can be obtained through simple surface protection. Unlike the conventional deterministic maintenance technique, probabilistic technique can consider a variation of service life but it deals with only normal distributions. In the work, life time-probability distributions considering not only normal but also log distributions are induced, and repair cost estimation technique is proposed based on the induced model. The proposed technique can evaluate the repair cost through probabilistic manner regardless of normal or log distribution from initial service life and extended service life with repair. When the extended service life through repair has log distribution, repair cost is effectively reduced. The more reasonable maintenance strategy can be set up though actual determination of life-probability distribution based on long term tests and field investigations.

Analysis of Impact Factors for the Improvement of Conceptual Cost Estimation Accuracy for Public Office Building (공공청사 개산견적 정확도 향상을 위한 공사비 영향요인 분석)

  • Jo, Yeong-Ho;Yun, Seok-Heon
    • Journal of the Korea Institute of Building Construction
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    • v.21 no.5
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    • pp.495-506
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    • 2021
  • A Conceptual cost estimate, which is computed in the preliminary step of a project, is important for decision-making by a contractor in terms of the project budget, economic feasibility and validity analysis, and alternative comparisons. Therefore, a high error rate of a prediction model for a conceptual cost estimate can lead to various problems including excessive project expenditures and a delayed break-even point. this study proposed optimal impact factors by configuring quantitative impact factors computable in a preliminary step in various cases(combinations of impact factors). subsequently, the accuracy of different cases was comparatively analyzed by using the cases as input values of a prediction model using regression analysis. when the optimal combination of impact factors proposed in this study and other combination of impact factors were applied to the prediction model, the regression analysis-based prediction model exhibited 0.2-4.7% improvements in accuracy, respectively. the optimal combination of impact factors proposed in this study improved the accuracy of the prediction model of a conceptual cost estimate by removing unnecessary impact factor.

Development of a Computer System and Suggestion of Man-Hours for Demolition Cost Estimation (해체공사비 산정을 위한 품산정 기준과 전산시스템의 개발)

  • Kim, Hyo Jin;Kang, Leen Seok;Lee, Dong Wook;Kim, Chang Hak
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.34 no.3
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    • pp.1007-1015
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    • 2014
  • The importance of construction waste reusing and recycling is becoming increasingly large because the demolition industry is in current trend to pursue for sustainable growth. As the considering situation of the domestic housing construction and existing house, a scale of demolition industry is expected to be increased continuously. But the related cost regulations that are used in tendering in the demolition industry are insufficient, also the computer system for estimating the demolition costs have not been developed yet. Therefore, in this study suggests man-hours of 21EA items which are utilized to estimate demolition cost and work rate of $1.0m^3$ breaker which is used mostly in domestic demolition industry after analyzing a case study for deconstruction works. The computer system is developed for the estimating demolition cost easily, which are including five modules such as a project information, a unit cost management, a standard unit cost table, a bill of quantity, and a reporting system. This computer system is possible to apply for estimating cost of both mechanical demolition and blasting demolition. The biggest advantage of this system is to estimate cost to utilize standard WBS which is linked with standard unit table and each DB. This can help unskilled users use easily for it.

Productivity Analysis on the Standard Quantity-Per-Unit Costing Method and Work Crew Combination Method : Focused on Non-Vibration Mass Excavation Method (무진동굴착공법의 일위대가방식과 작업조방식의 생산성 비교 분석)

  • Lee, Dong Wook;Cho, Hong Jun;Lee, Keun Jo;Kim, Nam-Sik
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.31 no.3D
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    • pp.457-468
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    • 2011
  • Recently, the non-vibration mass excavation method is used on sewage pipes and road construction sites in Jeju. However, a construction cost estimation based on the unit quantity does not provide a proper unit price. In this study, a comparison of the productivity of the standard quantity-per-unit costing method and the one of the work crew combination method was made based on the site monitoring of the non-vibration mass excavation method that is used in construction sites near Jeju. For this, data of 35 sites were collected: a regression equation was derived from the 30 data, and verification was carried out through the remaining 5 data. The analysis concluded that a day's workload is $16.43m^3$. In addition, a combination of the equipment considering the site conditions and the amount of labor, which varies with the number of work crew was obtained in order to estimate the construction cost of the work crew combination method. The construction cost was calculated based on the one-day workload ($16.43m^3$) derived from the regression analysis. The cost then was analyzed and compared with the standard quantity-per-unit costing method.