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

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Schematic Estimation Process for Finishing Work using 3D Geometry-Knowledge Information (3차원 형상·지식정보를 활용한 마감공사 개산견적 프로세스)

  • Park, Sang-Hun;Park, Hyung-Jin;Koo, Kyo-Jin
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2013.05a
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    • pp.210-212
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    • 2013
  • The construction cost estimates during the design phase becomes the standard to judge profitability and validity, and is very important in various decision-makings by project owner. However, since approximate costs are quoted when many parts are undecided in the early stage of project, differences are bound to occur between the construction cost calculated through approximate quotation and that put into construction actually. Also, since in existing quotation works, quantity calculations have been dependent on the staff's manual work, involving error potential, and thus differences are likely in quantity calculation depending on the quotation staff's method of calculation. In this study, the process of creating space model to deduce 3D geometry information for approximate quotation in association with knowledge information and the expression for calculation of finishing area were proposed.

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Development of Automation Technology for Structural Members Quantity Calculation through 2D Drawing Recognition (2D 도면 인식을 통한 부재 물량 산출 자동화 기술 개발)

  • Sunwoo, Hyo-Bin;Choi, Go-Hoon;Heo, Seok-Jae
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2022.04a
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    • pp.227-228
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    • 2022
  • In order to achieve the goal of cost management, which is one of the three major management goals of building production, this paper introduces an approximate cost estimating automation technology in the design stage as the importance of predicting construction costs increases. BIM is used for accurate estimating, and the quantity of structural members and finishing materials is calculated by creating a 3D model of the actual building. However, only 2D basic design drawings are provided when making an estimating. Therefore, for accurate quantity calculation, digitization of 2D drawings is required. Therefore, this research calculates the quantity of concrete structural members by calculating the area for the recognition area through 2D drawing recognition technology incorporating computer vision. It is judged that the development technology of this research can be used as an important decision-making tool when predicting the construction cost in the design stage. In addition, it is expected that 3D modeling automation and 3D structural analysis will be possible through the digitization of 2D drawings.

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An Analysis of the Importance of the Risk Factors Influencing the Calculation of the Subcontract Construction Bidding Cost (건설공사 하도급 입찰단가 산정에 영향을 미치는 리스크 요인의 중요도 분석)

  • Lee, Sung-Goo;Park, Tae-Keun
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.2
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    • pp.109-117
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    • 2007
  • The construction environment has the trend of oversizing and professionalizing, the increase of the construction period, and the risk factors and the uncertain factors which are important in the construction bid. The misunderstanding and the lack of knowledge of the subcontractor result in the decrease of the profit or the deficit. In conclusion, these are supposed to give the financial burden to the subcontractor. So, it is very important to predict the construction preparation cost calculation by the risk factors in the bidding stage and to calculate the bid unit cost considering the target profit of the subcontractor in the process of the mutual agreement and performance of the contract. In these points of view, this study analyzes how the importance of the risks influencing the bidding cost calculation affect the construction cost, and this analysis can be used as the basic data to establish the suitable bid strategy of the subcontractor.

A Study on Analysis of Construction Monitoring Cost and Improvement Measures of Railway Tunnel Construction in Seoul (서울시 철도터널 건설공사의 공사계측비 분석 및 개선방안 연구)

  • Jong-Tae Woo
    • Journal of the Society of Disaster Information
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    • v.19 no.1
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    • pp.18-30
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    • 2023
  • Purpose: This study is to contribute to the development of monitoring technology through the increase of confidence in construction monitoring by deriving the analysis of construction monitoring cost and improvement measures of railway tunnel construction in Seoul. Method: It presents the status on design and contract of construction monitoring cost, status on application construction monitoring cost and its analysis, analysis on safety management cost and quality management cost, expansion of application of the price calculation standard for monitoring management services to improve this, and monitoring for direct order of ordering organization. Results: If the monitoring management service that was meanwhile ordered as included in the construction work is performed by the directly selected company of ordering organization through the preliminary screening for bidding qualification, then the improvement of monitoring quality and the accurate monitoring data can be secured. Conclusion: For the price calculation standard for monitoring management service, the application of actual cost addition method under the Engineering Promotion Act and the calculation standard of monitoring management cost for standard estimation for ground survey should be extended through the direct order of ordering organization, not the method to be included in the net construction cost where it is performed by a subcontractor via contractor.

THE TREND OF CONSTRUCTION COST INDICES AND THEIR APPLICATIONS

  • Yoo-Sub Lee;Seung-Hyun Lee;Tai-Kyung Kang
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.908-912
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    • 2005
  • Construction Cost Indices are values for measuring fluctuations in direct construction costs which include material costs, labor costs, and equipment costs for construction operations. In Korea, Korea Institute of Construction Technology (KICT) has been assessing and announcing these indices since January, 2004. The main goals of this paper are to look over the calculation process for those indices and then present the trend in construction costs according to the types of facilities with the past construction cost index data. Also, this paper traces the origin of the occurrence of significant changes on those indices through the further analysis of the trend. In addition, this paper shows the practicality of the indices and the way how to put them to practical use. An alternative estimate method using the indices is suggested for compensating the changes of construction costs caused by price fluctuations.

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Fundamental Rearch to Prepare a Direction to Improve the Design Fee Standard through Case Analysis (사례분석을 통한 설계대가 기준 개선 방향 마련 기초연구)

  • Han, Jae Goo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2020.11a
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    • pp.179-180
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    • 2020
  • In the budgeting guidelines, there are rules for calculating design fee and direct costs. However, only the design fee is calculated excluding the direct cost, which causes the cost to be insufficient. Therefore, this study is designed to analyze representative cases where direct costs are insufficient, draw out problems, and propose a way to improve design fees.

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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
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    • 2020.06a
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    • pp.202-203
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    • 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.

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Preliminary Study on the Construction of Database for BIM-based preliminary estimate. (BIM 기반 개산견적을 위한 DB구축 기초연구)

  • Jun, Kl-Hyun;Yun, Seok-Heon
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2012.11a
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    • pp.291-292
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    • 2012
  • Progress in the construction project, the estimated cost of the measure is very important. Use preliminary estimate cost data for the prediction of construction cost. But, preliminary estimate cost data a clear calculation, there is no way. it is rely on the historical data and the past construction data. As a result, a significant difference in the actual construction cost and the predicted cost of the problem occurs. In this study, taking advantage of BIM Cost Prediction for efficient and rapid preliminary estimate BIM for building database through the study preliminary estimate cost data.

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An Analysis on the Importance of the Risk Factors Considering the Reasons for the Increase of the Subcontract Construction Project Bid Cost (건설프로젝트 하도급 입찰금액 상승요인을 고려한 리스크인자의 중요도에 관한 분석)

  • Lee, Sung-Goo;Shin, Hyun-In
    • Journal of the Korea Institute of Building Construction
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    • v.7 no.1 s.23
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    • pp.63-70
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    • 2007
  • The aims of this study are to draw the project risk factors by grasping the relation especially between the construction preparation cost calculation and the project risk factors in the project's bidding stage, and to draw the cost estimate based on the risk when the orderer or the constructer performs the project and the main factors in calculating the most suitable construction cost by clarifying the understanding degree of the influence between the risk factors and the construction cost. In addition, this study can give a help to the proper decision -making through the prediction of the construction preparation cost, and this study is expected to give the basic data in developing the assessment tool for the most suitable construction cost of the project.

GMP Calculation Process in CM at Risk for Public Construction Project (공공 건설사업 CM at Risk 적용시 GMP 산출 프로세스)

  • Kim, Gun-Sung;Jin, Zheng-Xun;Hyun, Chang-Taek
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2020.06a
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    • pp.48-49
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    • 2020
  • Recently the diversification of construction market and the continuous reduction of construction amount are raising the need of alternative delivery method in the construction industry. The foreign advanced companies actively adopted the CM at Risk delivery method where they perform the service of agent CM in the design phase, and agree GMP(Guaranteed Maximum Price) with the client at the time of 50~80% completion of design. Even in Korea they began to apply that method to pilot projects. In CM at Risk, through the early participation of builder, the level of design completion can be improved and the change order and construction period delay can be minimized. On the other hand, GMP is usually calculated when the design is about 80% complete, so there is uncertainty in the construction cost. Therefore, in this research, the increased amounts of construction cost are analyzed in a number of public construction projects, and GMP calculation process is proposed using the analysis results and CBR(Case-Based Reasoning) technique to reduce the construction cost increase in the construction phase.

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