• Title/Summary/Keyword: construction-cost-calculation

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A Study on the Calculation of Construction Project Cost of Healthcare Facility Business Plan (의료시설 사업계획서의 건축사업비 산정에 관한 연구)

  • Choi, Kwangseok
    • Journal of The Korea Institute of Healthcare Architecture
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    • v.27 no.2
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    • pp.7-14
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    • 2021
  • Purpose: The purpose of this study is to provide an effective construction project cost estimation tool for preparing a business plan of healthcare facilities which can be practically used for development projects. Methods: In order to provide a tool for calculating construction project costs, this study analyzed the Building and Related Laws, the Building Technology Promotion Laws, the Ministry of Land, Infrastructure and Transport notifications and directives, the Ministry of Trade, Industry and Energy notifications, the detailed guidelines of the Ministry of Strategy and Finance, the Building Service Industry Promotion Acts, various certification standards, actual project budget calculation cases, etc. with advices from related experts. Results: 1) Construction cost is classified into construction costs, architectural design costs, supervision costs, incidental costs, and each sub-element. In particular, since there are many incidental cost items, essential items to be reviewed during planning are derived and costs are calculated according to appropriate consideration criteria. 2) Criteria for Payment calculation mainly applies the construction cost rate method or the actual cost fixed amount method in consideration of the characteristics and scope of work. Implications: There are many calculation factors that need to be applied to the construction project cost. Therefore, it is necessary to organize the calculation process more clearly.

Suggestion and Verification of Assessment model on Construction-Cost of Steel Bridge in Project Performance Phases

  • Kab-Soo Kyung;Hye-Yeon Park;Sin-Hwa Kang;Eun-Kyoung Jeon
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.606-615
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    • 2009
  • Estimating the reasonable construction-cost according to the construction phase in public construction is an important element for securing and executing a national budget efficiently. As a general rule, the predetermined cost of construction is estimated at the end of the design of the target structure. Therefore, it seems to be a considerably difficult problem to estimate the approximate cost of construction, only with its basic information of the bridge in the design planning phase and the early design stage where we can not have specific detailed-section of the target structure. In this paper, we present the calculation of construction-cost in the planning phase based on the analysis of factors affecting the cost of construction conducted in the previous study. Beside, to estimate the cost of construction in early design phase, we would like to present the calculation of construction-cost in the early design phase by executing the analysis of data collected from 61 steel box bridges. It was found from the result of study that the estimated cost of construction gained by the calculation of construction-cost in this paper reduces the error between the real cost of construction and that by the existing method of using.

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Safety Management Cost Accounting for Underground Electric Power Transmission Facility Construction (전력구 설치 공사의 안전관리비 계상 기준에 관한 연구 )

  • Min Ho, Kim;Sung Woo, Shin
    • Journal of the Korean Society of Safety
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    • v.37 no.6
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    • pp.50-59
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    • 2022
  • In the Construction Technology Promotion Act (CTPA) of the Republic of Korea, safety management cost is enforced as a statutory cost that must be included in the budget of construction projects. However, the construction of underground electric power transmission facilities (UEPTFs) is not included in the category of construction works defined in the CTPA. Consequently, the statutory safety management cost does not apply to the construction of UEPTFs. To overcome this limitation, the clients of UEPTF construction projects generally provide internal guidelines enabling the addition of the safety management cost in the project budget. Nevertheless, even after the execution of the internal guidelines, some important cost items are omitted from the budget owing to the incompleteness of the guidelines. In this context, this paper proposes a complete set of accounting items and their calculation methods for appropriate budgeting of the safety management cost of UEPTF construction projects. To this end, the current budgeting method of the safety management cost of UEPTF construction projects is analyzed, and a questionnaire study is performed to confirm the necessary cost items and their appropriate calculation methods. Based on the results of the questionnaire study, a set of accounting items and their calculation criteria for the budgeting of the safety management cost of UEPTF construction projects are proposed.

Consideration on the Creation of Construction Cost by Calculating the Quantity at the Planning Design Stage - Focusing on Construction Cost Management Vases and Work Methods - (초기 설계단계에서 개산 견적의 수량산출에 의한 건축공사비 작성에 대한 고찰 - 공사비 관리 사례 및 작업 방법을 중심으로 -)

  • Hyun, Dong-Myung;Jeon, SangHoon
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2021.05a
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    • pp.329-330
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    • 2021
  • The calculation of the correct construction value in the construction should be investigated after the quantity is calculated. In order to calculate the quantity requires a lot of cost and time, and the initial accurate quantity calculation is not possible. Therefore, in the planning step in order to successfully complete the project to demonstrate the practicality of the difference between the construction cost by the construction design by presenting a method for calculate the quantity through the estimate with the construction open, floor plan, surface view, section.

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An Empirical Approach Study on Construction Cost Estimation in Public Work Projects (공공사업 예정공사비에 대한 실증적 접근)

  • Yoo, Chang-Kyu;Song, Jeong-Gyu;Lee, Yun-Sun;Kim, Jae-Jun
    • Journal of the Korea Institute of Building Construction
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    • v.9 no.1
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    • pp.65-73
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    • 2009
  • Looking at current construction costs estimations of publicly declared public works, there are many instances where estimation criteria are ambiguous and doesn't imply the reality. Up to date, estimation criteria for calculating construction cost estimations are simply by unit area multiplication and stochastic construction cost estimation. However, possibility of making errors are high due to using uniform data that excludes each public work's specifications and environmental conditions. Further, on the aspect of cost management, there is certain limitation in the efficiency of cost management in order-placing stage and commencing-work stage; while efficient cost management and reduction of expenses are highly possible during initial stages of the project. In this respect, the paper adopts positive approach with regards to construction cost estimations of public works and draws common elements from calculation tables of the construction cost estimations from 3 completed domestic construction works; after which, the paper analyzes whether business exposition, construction guide and publicly-declared estimated construction costs that the orderer issued are calculated economically and properly; deducing problems in the process, the paper seeks to recommend rational calculation method on this.

The Establishment of Improvement Direction through Case Analysis of Cost Standards in Overseas Construction Engineering (해외 건설엔지니어링분야 대가기준 사례분석을 통한 개선방향 마련)

  • Ko, Hyun A;Han, Jae Goo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2020.06a
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    • pp.165-166
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    • 2020
  • The standard for the cost calculation in the field of domestic construction engineering can be largely divided into the construction cost ratio method and the actual cost addition method. However, the standard for calculating the cost of the construction cost ratio method is a trend to switch to the actual cost addition method due to limitations such as not reflecting the characteristics of the construction. Therefore, this study aims to derive implications by investigating and analyzing examples of cost standards in the field of overseas construction engineering, such as the United States, and deriving directions for improvement in domestic cost standards in the future.

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A Study on Revising Construction Cost Calculation for Road Paving Maintenance Work (도로포장 유지보수 공사비산정기준 개정에 대한 연구)

  • Oh, Jae-Hoon;An, Bang-Yul
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2020.06a
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    • pp.155-156
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    • 2020
  • Unlike new construction projects, road paving maintenance work shows large productivity discrepancies depending on the conditions of the worksite. The current construction cost calculation scheme, however, only provides daily construction volume categorized by work scope and scale: There are no detailed standards that can be implemented on various types of worksites. To develop standards that enable the calculation of appropriate construction costs by taking into account worksite conditions, the current study conducted on-site surveys and interviews. The on-site research and analysis revealed that location, construction width, the day's worksite lot, work scope, and construction objectives were found to cause differences in construction volume. In addition to the existing work scope and work scape variables, the current study added weight constants reflecting the daily work volume based on movement conditions at site and the size of the worksite lot. In this process, the current study found that even one type of construction project can have fifteen different levels of daily construction volume. Such detailed classification was deemed to enable the proper calculation of construction costs based on worksite conditions.

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Improvement of the Calculation Standard for Prolongation cost of Domestic Public Construction Project (국내 공공 공사 공기연장 간접비 산정 기준 개선방안 - 국가계약법 및 지방계약법 산정기준의 비교 고찰 -)

  • Jeong, Kichang;Lee, Jaeseob
    • Korean Journal of Construction Engineering and Management
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    • v.17 no.4
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    • pp.95-102
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    • 2016
  • Recently, a research regarding calculation of construction time extension-oriented incidental costs has been intensively suggested in quantitative aspect and recent studies on system improvement has been made continuously. In the case of Domestic Public Construction Works, State Contract Act is applied when the client is government whereas Local Government Contract Act is done when the client is local government, but more meticulous study is required because improvement plan is not proposed even there is a clear demand for improvement of these problems on calculation standard. Thus this study suggested appropriate standard by comparing each the calculation standards followed by 'State Contract Act' and 'Local Government Contract Act', considering the problems accorded, and analyzing field cases. Calculation method of other expenses was differently regulated as the revision of each regulation, and this demonstrates that there is a difference of actual cost from 12.37% to 24.95%. It is shown that less cost of construction time were calculated than actual cost according to a problem of calculation method by State Contract Act as the rate at the time of contract to be applied in other expense rate. This study suggested the rate against incidental cost and the rate of other expense per day against total construction cost as an appropriate rate calculation for other expense based on field database.

Improvement of Bill of Quantities of Door and Window Work for BIM-based Cost Estimation (BIM 기반 견적을 위한 창호공사 내역 작성체계 개선 방안)

  • Kim, Mi-Hyeon;Jo, Chan-Won;Yun, Seok-Heon
    • Journal of KIBIM
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    • v.10 no.2
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    • pp.12-20
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    • 2020
  • Recently, interest in BIM technology has been growing in the domestic construction market as the number of construction projects requiring the application of BIM technology has increased. The use of BIM allows the use of various visualization functions through 3D models as well as drawing interference review, quantity calculation and integrated management of information. In particular, estimates of construction costs based on BIM can increase work efficiency by reducing the burden of calculating construction costs and managing them. In order to increase the efficiency of BIM-based cost estimates, it is necessary to improve the correlation between the BoQ(Bill of Quantity) information and the BIM model. For this purpose, the ratio of the amount and item to the detailed construction of the current BoQ was analyzed, especially the problem of the calculation of construction cost in the window work in this study. In addition, we would like to suggest a method for systematically linking the BoQ information with the BIM model by improving the BoQ information structure of the window work. It is expected that this will increase the efficiency of the quantity calculation and analysis work of construction cost of window work. In addition, it is expected that this method will help to analyze and predict changes in construction cost of windows and doors by facility characteristics and type.

A Study on the Software Development to Automate the Calculation for the Landscape Architecture Construction Cost Estimation. (조경 공사 내역서 계산 자동화를 위한 소프트웨어 개발에 관한 연구)

  • 이규석;황국웅
    • Journal of the Korean Institute of Landscape Architecture
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    • v.20 no.2
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    • pp.106-118
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    • 1992
  • The landscape architecture construction cost estimation includes the repeated calculation and updating. Thus, it is time-consuming, and one of the jobs which needs to be automated first. In Korea, the IBM compatible personal computer(PC) is the most widely used one in the landscape architecture firms. However, the software for landscape architecture construction cost estimation is not being used in the PC environment. Therefore, the purpose of this study is to develop the software which can be used to automate the calculation for the landscape architecture construction cost estimation, and runs in the IBM compatible personal computers(PC). The clipper '88 summer is one of the DBMS software packages, and it has many commands and functions and functions which reduces program lines and makes the programing efficient, especially in the programing work whose total source code lines do not exceed over 10,000 lines. So, it was used in this study. The software developed in the this study was tested using the real data, and it was found that it can be efficiently used in the following jobs. They are: (1) to calculate exactly and rapidly. (2) to use resources repeatedly. (3) to print out the results. (4) to store data files for the future use. The software, as discussed in this paper, reduces the time and efforts to be spent in the calculation for the landscape architecture construction cost estimation compared with the traditional approach using the pocket calculator.

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