• Title/Summary/Keyword: standard of cost estimation

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Development of Electrical Construction Cost Index for Historical Construction Costs Estimation System (실적공사비 적산제도 활용을 위한 전기공사비지수 개발)

  • Sohn, H.K.;Lee, H.K.;Park, M.Y.;Park, I.P.;Kwon, Y.M.;Seo, S.S.;Kim, K.G.;Kim, J.H.
    • Proceedings of the KIEE Conference
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    • 2005.07e
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    • pp.37-39
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    • 2005
  • When we have been estimated construction costs, till now, we are used to costs accumulating method of each items based on standard labors rates. But there are some problems of its methods. Our governments are applied to a historical construction costs estimation system for building construction and civil engineering works from January 2004. The electrical construction works are forecasted that applied to historical construction cost estimation systems. This paper is showed to development of electrical construction cost index for estimation of historical costs and contract prices.

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Application of Probabilistic Risk Analysis for Profitability-Evaluation of Apartment Reconstruction Projects (아파트 재건축사업의 수익성평가에 대한 확률적 위험도 분석 모형 적용방안)

  • Woo, Kwang-Min;Lee, Hak-Ki
    • Korean Journal of Construction Engineering and Management
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    • v.7 no.5
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    • pp.167-176
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    • 2006
  • It was found that Korean Standard of Estimate which has been used as the only basis of cost estimate of public construction projects had some side effects such as jerry-build construction and over-estimation because it failed to reflect the current price and the state-of-the-art construction methods in a changing construction environment. Therefore, the government decided to gradually introduce historical construction cost into cost estimate of public construction projects from 2004. This paper presents analytic criteria and a process model for deducing more current and reasonable historical construction cost for contract items from not only previous contract prices but also all of the other bid prices that were not contracted. The procedure of estimating actual unit cost proposed in this paper focuses on the removal of abnormal values including strategically too low or high prices and the time correction. In addition, basic research is conducted for the correction of actual unit cost through the analysis of fluctuation of bid price depending on bidding types and rates of successful bid. It is anticipated that the effective use of the proposed process model for estimating actual unit cost would make the cost estimation more current and reasonable.

A Study of Landscape Construction Work Classification for System Instruction of New Estimation System based on Historical Construction data. - With regard to Housing Landscape Construction - (실적공사비 적산방식 도입을 위한 조경공사 공종분류체계에 관한 연구 -주택단지 조경공사를 중심으로-)

  • 박원규;김두하;안동만
    • Journal of the Korean Institute of Landscape Architecture
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    • v.25 no.1
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    • pp.82-99
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    • 1997
  • The purpose of this study is to establish work classification system of landscape construction in order to offer the basis of new estimation system of public landscape construction. New estimation system is based on historical construction data. For application of this system, the standard work classification system is necessary. Because extensive cost data should be accumulated under an unified construction work classification system. In the study of new estimation system carried by KICT(Korea Institute of Construction Technology), landscaping works belong to earth work of civil engineering. It looks very unreasonable work classification, because landscape archtecture has its own specialties and professional domain. In this study, information classification systems in the construction industry and various landscaping works of housing developments are analysed. As a result. a standard work classification system of housing landscape construction is proposed in section VI-3. This standard work classification structure consists of three levels divisions (i.e large work division, middle work division, small work division) . Now in this study, housing landscape construction works are divided into four large works and twenty six middle works. According to work attributes, middle and small work division is possible to subdivide into details.

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Analysing Construction Cost Index Fluctuation on Apartment Housing (공동주택 건설공사비지수의 변동추세 분석)

  • Park, Won-Young;Park, Tae-Il
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2019.05a
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    • pp.226-227
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    • 2019
  • The basic type construction cost which is the base of the building cost estimation is being adjusted according to the price changes by utilizing the apartment construction cost index in order to flexibly operate it. In this study, we analyzed the change trends and characteristics of the housing cost index for the basic type building cost model project operated from September, 2012 to March, 2018. As a result, the increase in material costs is slight while the share of the labor cost increased in the construction cost due to the rise of labor unit price, leading to a perceived increase in sensitivity of labor costs. We should be careful to keep the sensitivity of the material cost and the labor cost to an appropriate level so that the index may not be distorted.

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A Conceptual Investment Cost Estimation Using by Cost Indices for the Train Control Facility of High-speed Rail Project (원가지수를 이용한 고속철도 설비의 개략적 투자비 추정기법)

  • Lee, Young-Joo;Lee, Yong-Eok;Jang, Seong-Yong
    • Journal of the Korean Society for Railway
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    • v.14 no.2
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    • pp.194-202
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    • 2011
  • Most of Orders of Magnitude estimate are based on historical data. This data is converted to the current price using by the cost index method mainly. This method, however, is rarely utilized or only for one-time use due to the lack of data and the complex escalation calculation method. This paper present a typical process on the conceptual investment cost estimation using by Cost Indexes based on the actual case for the Train Control facility of High-speed rail project. The result is expected to serve as both an easy way for Order of Magnitude estimate and a standard guideline for computerized modeling.

The Study of Rationality for Public Organizations' Cost Allocation Method (공공기관의 운영합리화를 위한 원가산정 방안에 대한 연구 -별정우체국을 중심으로-)

  • Park, Sung-Jong;Han, Kyung-Il
    • Journal of Digital Convergence
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    • v.10 no.8
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    • pp.91-96
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    • 2012
  • The purpose of this study is to examine the rationality for public organizations' cost allocation method through the case of special post offices. The proper use of allocation method is crucial to promote and nurture the public organization sector. On that note, this paper presents how to apply the proper estimation method. The cost allocation method is to split the total expense into appropriate services and departments. Using the basic expense rate and the standard depreciation rate and area at each post office, the total cost is calculated into the cost per person and area. As a result, the correct cost can be assigned through allocation per according service unit.

Integer Programming-based Maximum Likelihood Method for OFDM Parameter Estimation

  • Chitpinityon, Nudcharee;Chotikakamth, Nopporn
    • Proceedings of the IEEK Conference
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    • 2002.07c
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    • pp.1780-1783
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    • 2002
  • A problem of signal transmitted and received in OFDM systems is considered. In particular, an efficient solution to the problem of blind channel estimation based on Maximum Likelihood (ML) principle has been investigated. The paper proposes a new upper-bound cost, used in conjunction with a standard branch and bound integer programming technique for solving the ML problem. The tighter upper-bound cost exploits a finite-alphabet property of the transmitted signal. The proposed upper-bound cost was found to greatly speed up the ML algorithm, thus reducing computational complexity. Experimental results and discussion are included.

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Finite element analysis based fatigue life evaluation approach for railway bridges: a study in Indian scenario

  • Ajmal, P.C. Hisham;Mohammed, Althaf
    • Structural Monitoring and Maintenance
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    • v.5 no.4
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    • pp.429-443
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    • 2018
  • Fatigue is a principal failure mode for steel structures, and it is still less understood than any other modes of failure. Fatigue life estimation of metal bridges is a major issue for making cost effective decisions on the rehabilitation or replacement of existing infrastructure. The fatigue design procedures given by the standard codes are either empirical or based on nominal stress approach. Since the fatigue life estimation through field measurements is difficult and costly, more researches are needed to develop promising techniques in the fatigue analysis of bridges through Finite Element Analysis (FEA). This paper aims to develop a methodology for the Fatigue life estimation of railway steel bridge using FEA. The guidelines of IIW-1823-07 were used in the development of the methodology. The Finite Element (FE) package ANSYS and the programming software MATLAB were used to implement this methodology on an Indian Railway Standard (IRS) welded plate girder bridge. The results obtained were compared with results from published literature and found satisfactory.

STUDY ON LCC ANALYSIS OF BUILDING ACCORDING TO STRUCTURES - FOCUSING ON MILITARY ESTABLISHMENTS -

  • Hyo-Joong Kim;Jung-Whan Oh ;Min Yu ;Mi-Hye Lee ;Young-Dong Yu ;Tae-Keun Park
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.1187-1192
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    • 2005
  • Approximately 25% of military establishments became superannuated to unable perform their function, and it influences on the environment by construction wastes and the waste of national budget, as there is no rational and objective standard even though old facilities have been replaced through modernization project. Therefore, it has been searched to introduce industrial building system that can cope with the new building-construction and transference for the improvement of existing military establishments. However, as there is no economical estimation standard for practical use, industrial building-construction is still remaining at the initial stage, and the study is insufficient too. So. in this study, I would like to develope LCC cost model for rational LCC comparative analysis between industrial construction system (Modular) and existing reinforced concrete structure and cage, and to evaluate economical efficiency through case analysis.

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Estimation of Exhaust NOx Emission for Marine Engines (선박엔진의 NOx 배출량 산정)

  • 김대식;엄명도
    • Journal of Advanced Marine Engineering and Technology
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    • v.24 no.4
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    • pp.441-445
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    • 2000
  • Considering international status of our country as world class ship builder and geographical characteristics encircled by sea in three facets, controlling of air pollutants emission from marine engines becomes more and more important issue in recent days. Implementation of immediate pollutants emission control regulation and standardization of test and certification procedure are required to reduce air pollution from marine engines. But cost increments due to additional equipment of emission control device and development and certification test expenses as well as depreciation of fuel economy should be considered. To satisfy those air pollution reduction and economic requirements, we should make our own interpretation of IMO standard and implementation schedule depending on our country's status. For this purpose we measured NOx emission from small and middle class marine engines to calculate emission factor and total pollutant emission in our country. With the comparison and analysis of other countries emission control regulation we proposed basic data of total emission from marine engine and future emission control standard in our country. According to our estimation, 62% of total NOx emission of marine engines comes from fishing boat and 38% from commercial vessels. The portion of NOx emission from marine engine is 18.6% of whole country NOx emission. Due to the voyage characteristics of middle and large vessel and necessity of international harmonization of marine engine pollutants emission control standard, it is inevitable to adopt IMO standard for middle and large marine engines. But considering technological and cost effect of fishing boat operating in near sea, it is resonable to set a standard within 80% of measured value at the moment and gradually implement the same IMO standard in near future.

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