• Journal of the Korea Institute of Building Construction
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• v.6 no.3 s.21
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• pp.115-122
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• 2006

This study is aimed to get clear model for CM fee level in public construction project. For the practical use and main target, CM for fee contract only is assessed and analysed. Cost estimate by percentage of total contract sum and method based on the historical construction data have significant deficiency. An regression model and probabilistic model are suggested with 9 independent variables. In the case of limited work scope, an element based floor area model is suggested and concluded with fish-bone scheme.

• IE interfaces
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• v.19 no.4
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• pp.342-354
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• 2006

The purpose of this thesis is to develop the schemes of supporting estimate for marine engines’ factories which are in a general make-to-order style. The marine engines’ factories currently use the method which depends on the past data and experiences handled by the responsible person, which causes inefficiency and inaccuracy in dealing with a huge amount of data. We apply association rule to solving the problems mentioned above. Critical data for analysis is filtered among materials that have been using actual records of performance so far. Secondly, relation with each part of marine engines through filtered data so that the company can estimate cost promptly and precisely if customers with similar components as requested. By proposed method of study estimate support efficient and supported exactly.

• Korean Journal of Health Education and Promotion
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• v.29 no.5
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• pp.37-48
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• 2012

Objectives: The economic evaluation of health promotion programs has increasingly become an imperative activity for securing public fund or budget. The purpose of this study is to conduct an economic evaluation for the healthy school canteen program using the contingent valuation method(CVM). Methods: To estimate the benefit from the healthy school canteen program, double-bounded dichotomous choice method as a sort of willingness to pay was employed. Four hundred parents who lived in Seoul and have students at middle or high schools, were administrated by semi-constructive questionnaire containing the necessary information for benefit estimation. Cost estimation of healthy school canteen program was made referring to three types of pilot programs. Finally, the benefit against the cost was worked out according to the three levels of estimated cost. Results: Cost estimate is 8,488 and 9,311 won depending on the two senarios about how to invest on the program, respectably. The results of benefit estimate shows that the average cost willingness to pay(WTP) for healthy school canteen program is 21,275 won(16,963-59,838 won, 95% CI) and total benefits turned out 14.7 billion won. According to the cost-benefit analysis, average benefit-cost ratio is from 2.3 to 3.6. Conclusions: Healthy school canteen program could be economically accepted, and government can take consideration of expanding beneficiaries of healthy school canteen program for health promotion.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.59 no.10
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• pp.1787-1791
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• 2010

This paper presents the survey results of the interruption on domestic customer, especially commercial, with primary focus on the cost are presented. General method utilized in quantifying the benefit of reliability on power system is to estimate the Customer Interruption Cost(CIC) associated with the electric service interruption. According to change the circumstance of electricity market by the deregulation and the introduction of new technology, reliable and accurate CIC is required for estimate the applied plan and technology under the circumstance. This paper presents the commercial customer interruption cost is estimated by the survey conducted by KEPCO in 2009. To collect the customer interruption data for calculation of CIC, the survey is conducted. The survey targeting commercial customer around the branch-offices under twelve regional headquarters of KEPCO was carried out.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.59 no.10
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• pp.1792-1796
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• 2010

In this paper, the survey results of the interruption on domestic residential customer with primary focus on the cost are presented. General method utilized in quantifying the benefit of reliability on power system is to estimate the Customer Interruption Cost(CIC) associated with the electric service interruption. According to change the circumstance of electricity market by the deregulation and the introduction of new technology, reliable and accurate CIC is required for estimate the applied plan and technology under the circumstance. This paper presents the residential customer interruption cost is estimated by the survey conducted by KEPCO in 2009. To collect the customer interruption data for calculation of CIC, the survey is conducted. The survey targeting residential customer around the branch-offices under twelve regional headquarters of KEPCO was carried out.

• Proceedings of the KIEE Conference
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• 2001.07a
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• pp.267-269
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• 2001

This paper presents algorithms to evaluate reliability of distribution power system taking into consideration customer interruption cost. Customer interruption cost is considered as one of the valuable index to estimate reliability of the distribution power system from customer situation. Also, this paper estimate evaluation results regarding the reliability of distribution power system using a sample model system. Finally, evaluation results of unserved energy and system interruption cost based on customer interruption cost are shown in detail.

• Proceedings of the Korean Society of Agricultural Engineers Conference
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• 2000.10a
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• pp.239-245
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• 2000

This study is aimed to develop the historical data management system named "ACON"(Actual COst Network system) which can be used for collecting, analysis and modification of the historical data. ACON_Local is used for collecting the historical data at each spot place. It redueces the work potential of managers, spending time and cost. ACON_Analysis is to analyze the collection , modifies the data′s error and updates the historical database. ACON_Network is developed to transfer data from ACON to Web server or opposites. The proposed model, ACON, provide the easy way for the cost estimate system, "HiCOMS" to collect, analyze and modify the historical cost evaluated data, which is used to compose the historical data base.

• International conference on construction engineering and project management
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• 2005.10a
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• pp.935-940
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• 2005

This paper presents the results of a statistical analysis using historical data of cost contingency. As a result, a model that predicts and estimates an accurate cost contingency value using the least squares estimation method was developed. Data such as original contract amounts, estimated contingency amounts set by maximum funding limits, and actual contingency amounts, were collected and used for model development. The more effective prediction model was selected from the two developed models based on its prediction capability. The model would help guide project managers making financial decisions when the determination of the cost contingency amounts for multiple projects is necessary.

• International conference on construction engineering and project management
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• 2015.10a
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• pp.660-661
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• 2015

Building Information Modeling (BIM) is a nascent technology in Korea, and currently lacks formal guidelines to assist Architectural and Engineering (AE) firms in estimating BIM service fees, while also allowing government agencies to allocate budgets for the rendered BIM services. This research provides a method to estimate costs for BIM services based on the cost-plus pricing framework. The approach requires a generalized estimate of the man hour per floor area data to calculate the direct labor costs. Man-hour data were collected from forty five projects that have implemented BIM. Interpolation of the man-hours was performed to develop a general reference table for 'Type 2' (i.e., public schools and office buildings, etc.) projects. By providing an objective approach for estimating the costs of BIM services, it allows clients and AE firms to agree upon a fair cost for BIM related services, and thus expedite its adoption in Korea.

• 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.