• Title/Summary/Keyword: cost breakdown system

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Development of the Approximate Cost Estimating Model for PSC Box Girder Bridge based on the Breakdown of Standard Work (대표공종 기반의 PSC Box 교량 상부공사 개략공사비 산정모델에 관한 연구)

  • Kim, Sang-Bum;Cho, Ji-Hoon
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.33 no.2
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    • pp.791-800
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    • 2013
  • Needs for developing a better way of cost estimating process for public construction projects have been widely recognized. Those needs are mainly from the early phases of the project through the construction life cycle due to the its importance to the control process. In contrast to the traditional estimating method based on unit-price references, this research utilized this following process. The first step is analyzing the real cost data from actual cost activities (2000~2010) about the statement of P.S.C(Prestressed Concrete) Box Girder Bridge. The collected data was broken into four categories based on technical construction methods such as I.L.M(Incremental Launching Method), M.S.S(Movable Scaffolding System), F.S.M(Full Staging Method), and F.C.M(Free Cantilever Method). The second, actual design documents including the actual cost estimating documents, drawings and specifications were carefully reviewed to cluster the cost itemized statement from four categories. It was also attempted to seek the proper breakdown of standard works that are responsible for more than 95 percentage in each categories in terms of its cost. The third, this research comes up the index for standard unit materials and unit price of standard work and develops the approximate estimating model applying for the specification(length and breadth of bridges) per square area that the user takes as well as suggests the practical application plan within the original time alloted.

A Development of Work Breakdown Structure and Link to Standard Estimation System for 3D Printing Building (건축물 3D 프린팅 공종분류체계 도출 및 표준품셈 연계방안 제시)

  • Ju, Ki-Beom;Seo, Myoung-Bae;Park, Hyung-Jin
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.19 no.12
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    • pp.702-708
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    • 2018
  • 3D printing technology is attracting increasing attention as a key technology of the fourth industrial revolution that can change the production paradigm of existing industries. The introduction of construction 3D printing technology has been slower than other industries because of the characteristics of the construction field. On the other hand construction automation using 3D printing is required to reduce the production population, as well as improve productivity and safety. In this study, a construction 3D printing work breakdown structure and link method to a standard estimation system were developed as a preliminary preparation for introducing 3D printing to construction. Based on expert consultation on construction and 3D printing, a hypothetical scenario was developed based on existing construction 3D printing technology. According to the scenario, 16 kinds of works required for 3D printing construction work were derived. The existing work breakdown structure and standard estimation system were analyzed, and the 3D printing work was linked. 3D printing works that were the same as the existing breakdown structure were found, and non-existent works were added to the similar breakdown structure. These results are expected to be helpful for future 3D printing construction management and cost estimation. The actual standard estimation system through 3D printing work will need to be calculated.

Web-Based Cost Planning Program for High-Rise Office Building (고층 사무소건축의 공사비계획을 위한 웹 기반 개산견적 프로그램)

  • Kim Ki-Hong;Park Chan-Sik;Chang Sun-Ho
    • Korean Journal of Construction Engineering and Management
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    • v.6 no.2 s.24
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    • pp.69-79
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    • 2005
  • The Purpose of cost Planning at the early Phase of construction Projects is to provide the clients with the appropriate cost information during the design decision-making process. Therefore, the cost planning process is expected not only to predict projects' cost accurately but also closely to coordinate with the design decision-making activities. This paper proposes a new cost planning method for the effective and efficient directions relating a design decision-making process. Strategies for this method are i ) to utilize elemental cost breakdown system, and ii ) to apply probabilistic distribution theories. Based on these strategic direction, this paper proposed a probabilistic cost planning model for high-rise office building projects. The suggested model provides appropriate cost information to meet clients limited budget and various project' requirements during the design decision-making process. This study is based on probabilistic distribution variables theories and the range estimating technique. This study also develops a web-based software program in order to apply the proposed cost planning model effectively in high-rise of office building construction practices.

A Proposal of Modeling Guide of the Unit Space-based Preliminary Cost Estimation in Urban Renewal Mix-Used Development - Case Study on ○○ Transfer Station Complex - (복합용도 개발 도시재생 사업에서의 단위 공간 기반 개산견적 모델링 가이드 제안 - ○○시 ○○역 복합환승센터 사례를 중심으로 -)

  • Kang, Shin-Yeop;Ahn, Jae-Hong;Kim, Ju-Hyung
    • Journal of KIBIM
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    • v.3 no.1
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    • pp.11-20
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    • 2013
  • Mix-used development in urban renewal project is done to effectively utilize the limited downtown. Generally unlike a single project, It features placing a large number of different facilities(residential, commercial, business, cultural, etc.) which is each other organically linked. The purpose of this study is to suggest the method of modeling guide for 3D preliminary cost estimation considering visual and intuitive judgement of space in mix-used development Urban Renewal project. In this research, introducing SME(Standard Module and Element) breakdown structure, FID(Finish Identity) for estimating building space unit-based quantity take off was implemented. It could narrow the discrepancy of opinion between the stakeholders with more accurate cost-estimates, comparing to the traditional methods.

Cost Normalization Framework for a Benchmarking System: A Case for Downstream and Chemical Construction Projects

  • Yin, Zhe;DeGezelle, Deborah;Pappas, Mike;Caldas, Carlos
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.590-598
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    • 2022
  • Benchmarking is an important tool to assess the performance of capital projects in the construction industry. Incorporating cost-related metrics into a benchmarking system requires an effective cost normalization process to enable meaningful comparisons among projects that were executed at different locations and times. Projects in the downstream and chemicals sector have unique characteristics compared to other types of construction projects, they require a distinctive cost normalization framework to be developed to benchmark their absolute cost performance. The purpose of this study is to develop such a framework to be used for the case of benchmarking the downstream and chemical projects for their performance assessment. The research team started with a review of existing cost normalization methodologies adopted in benchmarking systems and conducted 7 interviews to identify the current cost normalization practices used by industrial professionals. A panel of 12 experts was then convened and it held 6 review sessions to accomplish the framework development. The cost normalization framework for benchmarking downstream and chemical projects was established as a three-step procedure and it adopts a 4-element cost breakdown structure to accommodate projects submitted by both owners and contractors. It also incorporated 5 published cost indexes that are compatible with downstream and chemical projects and they were embedded into 2 options to complete the normalization process. The framework was then pilot-tested on 4 completed projects to validate its functional practicality and the downstream and chemical use case in the benchmarking system.

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Analysis of Levelized Cost of Electricity for Type of Stationary Fuel Cells (발전용 연료전지 형식에 따른 균등화 발전비용 분석)

  • DONGKEUN LEE;TORRES PINEDA ISRAEL;YONGGYUN BAE;YOUNGSANG KIM;KOOKYOUNG AHN;SUNYOUP LEE
    • Transactions of the Korean hydrogen and new energy society
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    • v.33 no.6
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    • pp.643-659
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    • 2022
  • For the economic analysis of fuel cells, levelized cost of electricity was calculated according to the type, capacity, and annual production of the fuel cells. The cost of every component was calculated through the system component breakdown. The direct cost of the system included stack cost, component cost, assembly, test, and conditioning cost, and profit markup cost were added. The effect of capacity and annual production was analyzed by fuel cell type. Sensitivity analysis was performed according to stack life, capital cost, project period, and fuel cost. As a result, it was derived how much the economic efficiency of the fuel cell improves as the capacity increases and the annual production increases.

A study on Deployment of the Optimized WBS and Effective Small and Medium Enterprise Informatization System using Standardized PSDM (표준화된 PSDM을 사용한 최적의 WBS 및 효과적인 중소기업 정보화 시스템 구축에 관한 연구)

  • Yoon, KyungBae;Kwon, HeeChoul
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.14 no.6
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    • pp.199-205
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    • 2014
  • We would like to study and develop the optimized WBS(Work Breakdown Structure) considering project's range, schedule, cost and human resources management with defining phased work in main task and preceding and escorting relationships for effective small and medium enterprises' informatization through standardized PSDM(Production System Development Methodology). For more systemic and effective system built-up, it introduces production information with WBS study which is appropriate for the small and medium enterprises with setting up management items for enhancing system's reliability, quality, productivity, smooth communication among the participated enterprises such as the small and medium enterprises, IT enterprises, and supervision enterprises, and operational support including maintenance of the built system. This study is purpose of helping a lot of the small and medium enterprises and IT enterprises to build up the systems more effective and reliable within planned schedule using the standardized methodology.

A Study on developing WBS based QDBS(Quantity Database System) for the schedule and the cost data integration for road construction project (도로공사의 공정 및 공사비 연계활용을 위한 디지털 수량산출정보시스템(QDBS) 개발 연구)

  • Yun, Seok-Heon;Kim, Seong-Sig
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.4
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    • pp.119-127
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    • 2007
  • Cost and Schedule is the most important information, and how efficiently manage this information is the key issue for Construction Project Management. Domestically, systematic scheduling method such as CPM network is not only used widely but integration of time and cost information also is. In order to effectively integrate and use the time and cost information, it is suggested that WBS(Work Breakdown Structure) based QDB(Quantity Database) should be generated from the design phase and, WBS and QDB related system tool should be supported. It could be helpful to relate and integrate other construction project information.

Development of Earned Value Management System by Using Visualization Index and WBS Map (시각화 지표 및 좌표식 정보분류체계에 의한 공정.공사비 통합관리시스템 개발)

  • Lee, Woo-Sik;Kang, Leen-Seok;Park, Seo-Young
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.1
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    • pp.26-35
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    • 2009
  • Work breakdown structure (WBS) can be used as an information center in earned value management system (EVMS) for the construction project. Because EVMS results, such as schedule variance and cost variance, are analyzed for the selected WBS code, the role of WBS code is important in EVMS. This study suggests a methodology for organizing WBS map with a quadrant. It can represent the project organization collectively by work level in a coordinate system. And the study developed an EVMS tool based on the WBS map and this tool can visualize various attribute indexes of EVMS by color symbols. Those methodologies can be used for improving practical application of EVMS.

Methods for Quantitative Disassembly and Code Establishment of CBS in BIM for Program and Payment Management (BIM의 공정과 기성 관리 적용을 위한 CBS 수량 분개 및 코드 정립 방안)

  • Hando Kim;Jeongyong Nam;Yongju Kim;Inhye Ryu
    • Journal of the Computational Structural Engineering Institute of Korea
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    • v.36 no.6
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    • pp.381-389
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    • 2023
  • One of the crucial components in building information modeling (BIM) is data. To systematically manage these data, various research studies have focused on the creation of object breakdown structures and property sets. Specifically, crucial data for managing programs and payments involves work breakdown structures (WBSs) and cost breakdown structures (CBSs), which are indispensable for mapping BIM objects. Achieving this requires disassembling CBS quantities based on 3D objects and WBS. However, this task is highly tedious owing to the large volume of CBS and divergent coding practices employed by different organizations. Manual processes, such as those based on Excel, become nearly impossible for such extensive tasks. In response to the challenge of computing quantities that are difficult to derive from BIM objects, this study presents methods for disassembling length-based quantities, incorporating significant portions of the bill of quantities (BOQs). The proposed approach recommends suitable CBS by leveraging the accumulated history of WBS-CBS mapping databases. Additionally, it establishes a unified CBS code, facilitating the effective operation of CBS databases.