• Proceedings of the Korean Institute of Building Construction Conference
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• 2010.05a
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• pp.105-109
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• 2010

Nowadays, the construction of high-rise building is rapidly increasing. There are many cost-increasing factors to the management in the high-rise building construction. For large and complex projects like the high-rise building construction, the more systematic methods and tools are needed for cost control. It is important to identify major cost control items and to manage them for effective cost management in the high-rise building construction. This study proposes a method of identifying major cost-increasing factors in the high-rise building construction based on the Delphi method.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2006.11a
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• pp.507-510
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• 2006

Recently, the skyscrapers are increasing. There are major cost-increasing factors to management in the skyscraper construction. The more projects are large like the skyscraper construction, the more systematic methods and tools are needed for cost control. This study proposes an assessment model for major cost-increasing factors in skyscraper construction using FMEA.

• International conference on construction engineering and project management
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• 2009.05a
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• pp.354-360
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• 2009

The demands for large-scale construction projects such as Mega-projects are largely increasing due to the rapid growth of increasing populations as well as the need to replace existing buildings and infrastructure. Increasing costs of materials, supplies, and labors require the first cost estimates at the preliminary planning stage to be as accurate as possible. This paper presents the results obtained from the survey on evaluating nine critical success factors that influence the accurate first cost estimates for large-scale projects from practical experiences. It then examines the current cost structures of construction companies for large-scale projects, followed by the causes for cost and schedule overrun. Twenty completed surveys were collected and the Analytic Hierarchy Process was applied to analyze the data. The results indicate that technology issues, the contract type, and social and environmental impacts are the significant leading factors for accurate first cost estimates of large-scale construction projects.

• Korean Journal of Construction Engineering and Management
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• v.13 no.2
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• pp.147-155
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• 2012

Recently, various construction projects are invested with plenty capital, manpower and resources. The advanced methods of the construction management is introduced to Korea. However, the cases which get involved in excessive cost frequently occur. We can explain it means that the cost management in the entire phases and the risk factors in its works has not been done yet as expected. Thus, it is necessary to unearth risk factors relative to cost management and analyse them for preventing cost-increasing and the success of projects. In this point of view, this study aims to identify the risk factors of the cost management focused on pre-construction stages from the perspective of construction management which is possible to take part in the whole phases and works in cost management. Also, the impact priority and grade of risk factors to cost-increasing are evaluated by using FMEA.

• Industrial Engineering and Management Systems
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• v.11 no.1
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• pp.11-17
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• 2012

Along with the recent trend toward increasing variety and shorter life of products in the market, evaluation of risk for economic investment alternatives is of practical importance in manufacturing companies. This paper assumes that each alternative is composed of demand volume and unit sales price as income factors, and unit variable cost and fixed cost as expense factors. The paper assumes that these four factors move worse from the originally expected values, toward the direction of decreasing profit. Values of these four factors are also assumed to fluctuate from year to year over the entire multi-period. By applying the analysis of the breakeven points to each of the four factors, safer area against these changes is represented on the two dimensional domain called normalized total-cost unit-cost domain. A practical numerical example is analyzed to verify the validity of the proposed method.

• Journal of Information Technology Services
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• v.14 no.3
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• pp.67-84
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• 2015

Software is more diverse and complex and the level of importance for the maintenance of application software to securely operate software is also gradually increasing in proportion. The calculation method for maintenance cost of application software applied in Korea public enterprises is involved in the range of 10 to 15% of development cost, depending on the Software Project Cost Estimation Guide. Moreover, as most software maintenance cost estimation procedures do not take into consideration of the risk factors related of maintenance, it can be seen as a main cause for the occurrence of maintenance related accidents. This study proposes a maintenance cost estimate model that takes into consideration of the risks related to the software maintenance activities to improve and resolve issues arising from the estimation of maintenance cost. In doing so, maintenance risk factors are analyzed and a risk index is derived through the analysis of risk levels based on the risk factors. Based on such analysis, a maintenance cost estimate method which reflects the maintenance risk index was established.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2011.05b
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• pp.97-98
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• 2011

The number of high-rise buildings has increased year after year, with there currently being 5 projects in progress to construct buildings higher than 100 stories in Seoul alone. The construction cost for such high-rise buildings is significantly higher than the cost for a conventional low-rise building, while maintenance costs are expected to be two to three times higher. To reduce the maintenance cost of a high-rise building, there is the need for a guide rail to be used for maintenance, which is why there is the need for research on the guide rail system. For this reason, as preliminary research to develop a guide rail, this study aims to derive the factors increasing construction cost by taking the installation of a guide rail into account. This is expected to lay the groundwork for the design and construction of guide rails for high-rise building maintenance.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2021.05a
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• pp.315-316
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• 2021

The proportion of maintenance work has been increasing due to the recent aging of the infrastructure, but the standardized construction cost estimation standards are insufficient for this. In particular, reinforced concrete structures are being applied to many structures such as buildings and bridges, and various construction methods for maintenance of reinforced concrete structures are being developed and applied. In this study, we surveyed about the current status of the construction method for the maintenance work of reinforced concrete structures and analyze the factors of the revision of the construction cost estimate standard for the reinforced concrete structure maintenance.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2019.05a
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• pp.240-241
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• 2019

With slow sea trade volumes growth and increasing competition of ports, port industry is witnessing an increasing number of factors that have driven up the costs. Using financial data collected from Korea's container terminal operators, this study analyzed cost structural characteristics. The differences by terminal size, region and operating status of the terminal operators were examined and the suggestion were presented based on the result of the analysis.

• Journal of Korean Society for Quality Management
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• v.18 no.1
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• pp.77-83
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• 1990

A model for the economic design of an pn control charts with an assignale cause is presented and the loss-cost function for control schemes using these charts is derived. By minimizing this function with respect to the three control variables, namely, the sample size, the sampling interval and acceptance number, the economically optimal control plan can be optained. The article shows what influence increasing or decreasing condition, according to changeability of the size of these factors, of expected cost can have on the economy when an attribute control chart is used.