• Title/Summary/Keyword: construction cost index

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The Establishment of an Activity-Based EVM - PMIS Integration Model (액티비티 기반의 EVM - PMIS 통합모델 구축)

  • Na, Kwang-Tae;Kang, Byeung-Hee
    • Journal of the Korea Institute of Building Construction
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    • v.10 no.1
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    • pp.199-212
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    • 2010
  • To establish an infrastructure for technology and information in the domestic construction industry, several construction regulations pertaining to construction information have been institutionalized. However, there are major problems with the domestic information classification system, earned value management (EVM) and project management information system (PMIS). In particular, the functions of the current PMIS have consisted of a builder-oriented system, and as EVM is not applied to PMIS, the functions of reporting, analysis and forecast for owners are lacking. Moreover, owners cannot confirm information on construction schedule and cost in real time due to the differences between the EVM and PMIS operation systems. The purpose of this study is to provide a framework that is capable of operating PMIS efficiently under an e-business environment, by providing a proposal on how to establish a work breakdown structure (WBS) and an EVM - PMIS integration model, so that PMIS may provide the function of EVM, and stakeholders may have all information in common. At the core of EVM - PMIS integration is the idea that EVM and PMIS have the same operation system, in order to be an activity-based system. The principle of the integration is data integration, in which the information field of an activity is connected with the field of a relational database table consisting of sub-modules for the schedule and cost management function of PMIS using a relational database management system. Therefore, the planned value (PV), cost value (CV), actual cost (AC), schedule variance (SV), schedule performance index (SPI), cost variance (CV) and cost performance index (CPI) of an activity are connected with the field of the relational database table for the schedule and cost sub-modules of PMIS.

Optimal Design of Bridge Substructure Considering Uncertainty (불확실성을 고려한 교량 하부구조 최적설계)

  • Pack, Jang-Ho;Shin, Young-Seok;Shin, Wook-Bum;Lee, Jae-Woo
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 2008.04a
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    • pp.387-390
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    • 2008
  • The importance of the life cycle cost analysis for construction projects of bridge has been recognized over the last decades. Accordingly, theoretical models, guidelines, and supporting softwares have been developed for the life cycle cost analysis of bridges. However, it is difficult to predict life cycle cost considering uncertainties precisely. This paper presents methodology for optimal design of substructure for a steel box bridge. Total life cycle cost for the service life is calculated as sum of initial cost, damage cost considering uncertainty, maintenance cost, repair and rehabilitation cost. The optimization method is applied to design of a bridge substructure with minimal cost, in which the objective function is set to life cycle cost and constraints are formulated on the basis of Korean Bridge Design Specification. Initial cost is calculated based on standard costs of the Korea Construction Price Index and damage cost on the damage probabilities to consider the uncertainty of load and resistance. An advanced first-order second moment method is used as a practical tool for reliability analysis using damage probability. Maintenance cost and cycle is determined by a stochastic method and user cost includes traffic operation costs and time delay costs.

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A Study of the Decision Making System in adopting Off-Site Construction Method in the Initial Stage Considering the Building Project Characteristics -Focused on Structure Work of Apartment Housing- (건축 프로젝트 특성을 고려한 초기 단계에서의 Off-Site Construction 공법 도입 여부 의사 결정 시스템 개발 - 공동주택 골조공사 중심으로 -)

  • Lee, Sungho;Cha, Heesung;Son, Bosik
    • Korean Journal of Construction Engineering and Management
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    • v.23 no.1
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    • pp.89-97
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    • 2022
  • Recently, various problems such as reduced productivity, insufficient inflow of skilled manpower, reduced quality, and concerns about increasing safety accidents have appeared in the domestic construction industry. Stakeholder of construction project are considering the Off-Site Construction (OSC) method rather than the conventional on-site construction as an alternative. Despite the importance of decision making in the early stage of the adoption of OSC, there is a lack of methodologies for rational decision making. In this study, a decision making system has been developed to derive the final construction cost score by deriving the project characteristics, selecting the construction difficulty index, and developing a cost model for each construction method alternatives to calculate the standard construction cost. Using this system, the OSC method can be effectively evaluated in terms of its feasibility in the early stage of construction

Seismic design of steel frames using multi-objective optimization

  • Kaveh, A.;Shojaei, I.;Gholipour, Y.;Rahami, H.
    • Structural Engineering and Mechanics
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    • v.45 no.2
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    • pp.211-232
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    • 2013
  • In this study a multi-objective optimization problem is solved. The objectives used here include simultaneous minimum construction cost in term of sections weight, minimum structural damage using a damage index, and minimum non-structural damage in term of inter-story drift under the applied ground motions. A high-speed and low-error neural network is trained and employed in the process of optimization to estimate the results of non-linear time history analysis. This approach can be utilized for all steel or concrete frame structures. In this study, the optimal design of a planar eccentric braced steel frame is performed with great detail, using the presented multi-objective algorithm with a discrete population and then a moment resisting frame is solved as a supplementary example.

A Study on Mutual Relationship between Korean Income Distribution during 1980s-1990s and Huge-scale Housing Supply Policy (한국의 80~90년대 소득분배와 대규모 주택공급정책의 상호관계에 관한 연구)

  • Lim, Jae-Bin
    • Land and Housing Review
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    • v.11 no.3
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    • pp.11-19
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    • 2020
  • This study aims to examine the relationship between the improvement of the income distribution index from the late 1980s to the 1990s and large-scale housing supply projects such as the 2 million housing construction project. Looking at Korea's economic development in terms of income growth and distribution, GDP has continuously increased since the establishment of the government, especially in the late 1980s. The Gini Index, a representative income inequality index, rapidly deteriorated in the early 1970s, and gradually improved from the late 1980s. The 2 million housing construction project, announced in 1988, supplied a third of the existing nationwide housing stock of 6.5 million units in three years. The project cost was 65 trillion won, equivalent to 50% of Korea's GDP at the time. This study questioned whether the ratio of the number of employed workers in the construction industry was a variable directly affecting the Gini Index. To verify this, the causal relationship between the proportion of employed workers in the construction and manufacturing industries and the Gini Index from 1979 to 2008 was statistically analyzed. For this, the ARIMA model was established for each variable, and the correlation of their residuals was verified. The 2 million housing construction project had the effect of improving income inequality in terms of rising wages for production workers and creating jobs for the low-educated and low-income class. During the project period, the number of middle-income earners increased sharply, and the income gap between the high-income and low-income earners greatly decreased. The expansion of the construction volume can be used as a powerful and direct policy tool for improving income distribution. However, the effect may be limited. When the proportion of workers exceeds the threshold, the effect is weakened.

Establishment of Resilient Infrastructures for the Mitigation of an Urban Water Problem: 1. Robustness Assessment of Structural Alternatives for the Problem of Urban Floods (도시 물 문제 저감을 위한 회복탄력적 사회기반시설 구축: 1. 도시 홍수 문제 구조적 대안의 내구성 평가)

  • Lee, Changmin;Jung, Jihyeun;An, Jinsung;Kim, Jae Young;Choi, Yongju
    • Ecology and Resilient Infrastructure
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    • v.3 no.2
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    • pp.117-125
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    • 2016
  • Current cities encounter various types of water problems due to rapid urbanization and climate change. The increasing significance of urban water problems calls for the establishment of resilient alternatives to prevent and minimize social loss that results from these phenomena. As a background research for establishing resilient infrastructures for the mitigation of urban water problems, we evaluated the robustness of structural alternatives for urban flood as a representative case. Combining the robustness index (RI) and the cost index (CI), we suggested the robustness-cost index (RCI) as an indicator of the robustness of structural alternatives, and applied the index to assess the existing infrastructures and structural alternatives (i.e., sewer network expansion, additional storage tank construction, and green roof construction) at a site prone to floods located around Gangnam-station, Seoul, Korea. At a rainfall intensity frequency range of 2 to 20 years, the usage of a storage tank and a green roof showed relatively high RCI value, with a variation of an alternative showing greater RCI between the two depending on the size of design rainfall. For a rainfall intensity frequency of 30 years, installing a storage tank with some green roofing was the most resilient alternative based on the RCI value. We proposed strategies for establishing resilient infrastructures for the mitigation of urban floods by evaluating the robustness of existing infrastructures and selecting optimal structural alternatives with the consideration of scales of design disaster.

A Development of Risk Performance Index for Mega-project Performance Measurement in view of the integrated Cost/Schedule/Risk (비용/공정/위험 통합 관점에서 메가 프로젝트 성과측정을 위한 위험성과지수 개발)

  • Kim, Seon-Gyoo;Park, Kyoo-Young;Yu, Young-Jeong
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.1
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    • pp.69-77
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    • 2009
  • Recently, a research of the urban regeneration has been performed very actively. This is one of the efforts to resolve various social and economic problems coming from the existing deteriorated building and facilities by new urban development or redevelopment. However, an urban regeneration has a characteristic to be unable to ensure the project performance due to the exposed numerous risks coming from the various and complex stake-holders, and its mega sizes. This paper proposes the method of risk performance index in order to improve an efficiency of performance measurement expanding to the risk view point from the existing integrated cost/schedule performance measurement. A risk performance index is compatible with the existing EVMS, and can make the performance measurement in 3 dimensions of the integrated cost/schedule/risk with 18 sub-indexes and variables.

Estimate of Additional Construction Cost as Certifying G-SEED of Office Building in Korea

  • Kim, Jea-Moon;Shin, Sung-Joon;Hur, In
    • KIEAE Journal
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    • v.14 no.5
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    • pp.21-28
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    • 2014
  • To improve environmental problem as globally climate changes, domestic and foreign government have been trying to reduce green gas emitted by all industries. With making the green building certification system that assess the substantiality and energy performance of building, a governments have been using by a way for reducing green gas emitted in building industry. G-SEED(Green Standard for Energy & Environmental Design) developed in Korea have been reinforcing, and a number of projects certifying the G-SEED have been increasing continuously. As a demand of G-SEED certification is rising, a question on the additional cost data as certifying G-SEED is rising. It is because additional cost as getting the certification is important fact for G-SEED level decision and whether getting the certification or not. Therefore, this study analyzed additional construction cost as certifying G-SEED through performance improvement and design change of general office building not to get G-SEED. In conclusion, an additional construction cost ratio of G-SEED projects to the reference building is drawn as certified level; +0.26%, silver level; +2.29%, gold level; +3.89%, and platinum level; +5.48%.

EXPLORING THE CHALLENGES TO USAGE OF BUILDING CONSTURCTION COST INDICES GHANA

  • Osei-Tutu, E;Adobor, C.D;Kissi, E.;Osei-Tutu, S.;Adjei-Kumi, T.
    • International conference on construction engineering and project management
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    • 2017.10a
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    • pp.313-320
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    • 2017
  • Price fluctuation contract is imperative and of paramount essence in the construction industry as it provides adequate relief and cushioning for changes in the prices of input resources during construction. As a result, several methods have been devised to better help in arriving at fair recompense in the event of price chang es. However, stakeholders often appear not to be satisfied with the existing methods of fluctuation evaluation, ostensibly because of the challenges associated with them. The aim of this study was to identify the challenges to usage of building construction cost indices in Ghana. Data was gathered from contractors and quantity surveying firms. The study utilized survey questionnaire approach to elicit responses from the contractors and the consultants. Data gathered was analyzed scientifically, using the Relative Importance Index (RII) to rank the problems associated with the existing methods. The findings revealed the following among others; late release of data; inadequate recovery of costs; and work items of interest not included in the published indices as the main challenges of the existing methods. This study will provide useful lessons for policy makers and practitioners in decision making towards the usage and improvement of available indices.

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Life Cycle Cost Evaluation Index Enhancing of Public Facilities (공공시설물의 LCC 평가기준 개선방안)

  • Gu, Bon-Hak;Kim, Tae-Hui;Kim, Ok-Gyu;Park, Tae-Keun;Lee, Hyun-Soo
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.412-415
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    • 2007
  • Recently advanced nations utilize evaluation system about LCC, and KOREA begin to introduce the system to reduce construction expense. And Introducing "Technical proposal type bid" that is new government construction order mode made needs for valuation of price to evaluate facilities LCC. These days LCC is evaluated by BTL and turnkey project in KOREA, but it is suffering from difficulty in evaluation. because evaluation element and standard are indefinite. In addition LCC evaluation of public construction business except BTL and turnkey is not consisting. Therefore, in this research we present LCC evaluation Index for systematic and objective evaluation.

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