• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2006.11a
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• pp.175-180
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• 2006

Total conceptual cost estimates and the assessment of the reliability of these estimates are critical in the early stages of a building construction project. The purpose of this study is to propose the method to clients or estimators for improving the reliability of conceptual cost estimates by evaluating the reliability of conceptual cost estimates. The data from 83 building construction projects were collected for this study. The results showed that the proposed method can propose alternatives to clients or estimators for improving the reliability of conceptual cost estimates with the process of evaluation, review and feedback. This process can assist clients in their evaluation of the reliability of the estimated cost and the probability of exceeding the target cost, and in their re-estimation after dealing with the elements that influence the conceptual cost estimate badly.

• Korean Journal of Construction Engineering and Management
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• v.9 no.6
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• pp.175-184
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• 2008

For deciding the profitability and feasibility of the construction project, the schematic estimation has to not only link the design decision-making but also estimate the cost with reliability. The prototype-based schematic estimation system was developed for easily linking with design-making and supports to evaluate the design alternatives in the design development stage but didn't consider the cost estimated by parameter and additional work items by users. This research presents the object-parameter based schematic estimation model in the design development stage that can lead to accurately estimate the cost by using historical data from the high-storied office buildings. For the development of the proposed model for schematic estimation, after analyzing and classifying the work items from the Bills of Quantities(BOQs) and drawings of historical data, this research proposed the methods of estimating cost in accordance with attributes of each work item. In addition, a case study is performed for the effectiveness as comparing the previous estimating method with the proposed model.

• 한국IT서비스학회:학술대회논문집
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• 2005.11a
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• pp.382-390
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• 2005

소프트웨어 개발 프로젝트 사업의 성패는 사업의 첫 관문인 소프트웨어 견적의 결과에 좌우되는 경우가 많다. 특히, 확정가격 계약으로 수행되는 국내의 소프트웨어 사업 관행 하에서는 견적의 잘못이 회사의 존폐로 귀결되는 경우도 있다. 견적의 핵은 정확한 원가의 파악인데, 이를 위해서는 고객이 요구한 업무량과 개발자의 생산성을 정확히 아는 데서 출발해야 한다. 문제는 고객의 요구를 사업 초기에 정확히 파악하는 것이 쉽지 않을 뿐 아니라, 개발자 자신의 생산성을 잘 모른다는 것이다. 더욱이 정보의 부족으로 프로젝트의 특성 파악을 제대로 할 수 없어서, 해당 프로젝트에 적합한 생산성 보정계수의 적용이 어렵다는 점이다. 본 사례는 삼성SDS가 금년도에 종료된 수십 여 개의 프로젝트로부터 수집한 생산성 영향인자들이 생산성에 어떠한 영향을 어느 정도나 미치는 지를 분석한 것이다. 본 분석을 통하여 생산성에 영향을 미치는 주요 인자들을 식별할 수 있었고, 이들이 미치는 영향 정도를 바탕으로 견적에서 활용할 수 있는 다양한 파라메트릭 모델을 만들 수 있었다. 본 논문은 생산성 영향인자의 식별과 이들을 이용한 견적용 파라메트릭 모델의 개발 방법을 다루었다.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.16 no.6
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• pp.4176-4184
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• 2015

Cost Estimate for alternative in design phase of construction become criterion for profitability and feasibility analysis of projects. Initial design phase performed schematic estimate based on similar data in the past. The quantity take-off according to estimators experience and calculation method are occurred different or missing. IT (Information Technology) technology evolution has been promoting BIM technology in construction. It is changing the paradigm of planning, design, construction and maintenance phase throughout the construction project. A number of studies have been attempted to apply BIM technology in the construction. In this paper, we propose schematic estimation framework linking standard format IFC (Industry Foundation Classes) and estimate related knowledge. As a result, it performs a cost prediction for decision-making in the design phase, and expected to overcome the limitations of previous studies. In addition, it is possible actively coping with changes.

• Journal of the Korea Institute of Building Construction
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• v.10 no.2
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• pp.133-138
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• 2010

Conceptual cost is estimated with insufficient information at an early stage of a building construction project, resulting in an inevitable gap between conceptual estimated cost and real constructed cost. For a project to be successful, this gap must be managed to be lower than a reliable level. Therefore, the purpose of this study is to propose a structural process for managing the reliability of conceptual cost estimates at an early stage of a building construction project. In researching this study, conceptual cost estimate experts were interviewed,and a risk management process was studied. Reliability assessment and a review process for improving the quality of conceptual cost estimate and the planning strategy of reliability management based on previous similar projects were added to the present estimate process. The proposed reliability management process will improve the chances of a successful project, by helping to decrease the risk of conceptual estimated cost.

• Korean Journal of Construction Engineering and Management
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• v.20 no.1
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• pp.141-150
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• 2019

In the overseas plant construction market, the domain construction firms' construction capability has been greatly improved, but the capability of project management is evaluated to be insufficient compared to the technical aspect. Project management capabilities from the initial planning stage of project execution are regarded as the core competence of advanced construction companies. Among them, it is urgent to improve the capacity of conceptual estimate for domestic companies. In this study, the researchers surveyed and analyzed the methodology of estimating project cost in the planning phase of the plant project and developed an estimation method by conducting a case study analysis. Based on the logic of the cost index and parametric estimation method among the existing estimation methodology, the estimation tool was developed by deriving the input and output variables tailored to the plant project. The validity of the proposed methodology was evaluated by comparing the accuracy between the project estimate amount of the case project and the actual project amount. In order to increase the utilization of the developed conceptual estimate methodology,for plant construction project, it is necessary to systematize the data of the historical project data. Increasing the accuracy of future project cost estimates is directly related to increasing project award and profitability of the domestic construction company.

• Construction Engineering and Management
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• v.4 no.3 s.15
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• pp.34-37
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• 2003

• Korean Journal of Construction Engineering and Management
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• v.8 no.4
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• pp.155-166
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• 2007

The purpose of this research is to develop a conceptual model and prototype that establishes a new approach for building cost estimating in the schematic design phage. This research use the method that analyzes quantity and unit price separately to enhance schematic cost estimating through conducting literature review andi analyzing existing schematic cost estimating methods. In addition, this study proposes tile concept of cost breakdown structure including two more classifications: building element and floor compared to existing one only classified by trade. Thus, a Quantity Based Active Schematic cost Estimating(Q-BASE) model is developed founded on those two concepts. By applying proposed schematic cost estimating model, historical structure cost of residential complex building project is analyzed, and then, based on this analysis, prototype is implemented.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2021.05a
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• pp.329-330
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• 2021

The calculation of the correct construction value in the construction should be investigated after the quantity is calculated. In order to calculate the quantity requires a lot of cost and time, and the initial accurate quantity calculation is not possible. Therefore, in the planning step in order to successfully complete the project to demonstrate the practicality of the difference between the construction cost by the construction design by presenting a method for calculate the quantity through the estimate with the construction open, floor plan, surface view, section.

• Korean Journal of Construction Engineering and Management
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• v.17 no.2
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• pp.70-79
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• 2016

The current remodeling cost estimation process is not only dependent on the historical data of new building construction, but it also has a poor linkage with risk-based estimation approach. As such, there is a high risk of falling short of initial budget. To overcome this, a risk-based estimation approach is necessary by providing a probabilistic estimation in consideration of the potential risk factors in conducting the remodeling projects. In addition, the decision-making process should be linked with the risk-based estimation results in stead of intuitive and/or experience-based estimation. This study provides a probabilistic estimation process for residential remodeling projects by developing a detailed methodology in which a step-by-step approach can be achieved. The new proposed estimation approach can help in decision-making for remodeling projects in terms of whether to proceed or not, by effectively reflecting the potential risk factors in the early stage of the project. In addition, the study can enhance the reliability of the estimation results by developing a sustainable estimation process model where a risk-based evaluation can be accomplished by setting up the cost-risk relationship database structure.