• Title/Summary/Keyword: Actual estimating cost

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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.

The Development of Probabilistic Time and Cost Data: Focus on field conditions and labor productivity

  • Hyun, Chang-Taek;Hong, Tae-Hoon;Ji, Soung-Min;Yu, Jun-Hyeok;An, Soo-Bae
    • Journal of Construction Engineering and Project Management
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    • v.1 no.1
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    • pp.37-43
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    • 2011
  • Labor productivity is a significant factor associated with controlling time, cost, and quality. Many researchers have developed models to define methods of measuring the relationship between productivity and various parameters such as the size of working area, maximum working hours, and the crew composition. Most of the previous research has focused on estimating productivity; however, this research concentrates on estimating labor productivity and developing time and cost data for repetitive concrete pouring activity. In Korea, "Standard Estimating" only entails the average productivity data of the construction industry, and it is difficult to predict the time and cost spent on any particular project. As a result, errors occur in estimating duration and cost for individual activities or projects. To address these issues, this research sought to collect data, measure productivity, and develop time and cost data using labor productivity based on field conditions from the collected data. A probabilistic approach is also proposed to develop data. A case study is performed to validate this process using actual data collected from construction sites. It is possible that the result will be used as the EVMS baseline of cost management and schedule management.

PROBABILISTIC MODEL-BASED APPROACH FOR TIME AND COST DATA : REGARDING FIELD CONDITIONS AND LABOR PRODUCTIVITY

  • ChangTaek Hyun;TaeHoon Hong;SoungMin Ji;JunHyeok Yu;SooBae An
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.256-261
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    • 2011
  • Labor productivity is a significant factor related to control time, cost, and quality. Many researchers have developed models to define method of measuring the relationship between productivity and various constraints such as the size of working area, maximum working hours, and the crew composition. Most of the previous research has focused on estimating productivity; however, this research concentrates on estimating labor productivity and developing time and cost data for repetitive concrete pouring activity. In Korea, "Standard Estimating" only contains the average productivity data of the construction industry, and it is difficult to predict the time and cost of any particular project; hence, there are some errors in estimating duration and cost for individual activity and project. To address these issues, this research collects data, measures productivity, and develops time and cost data using labor productivity based on field conditions from the collected data. A probabilistic approach is also proposed to develop data. A case study is performed to validate this process using actual data collected from construction sites and it is possible that the result will be used as the EVMS baseline of cost management and schedule management.

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Cost Estimating Method of Public Building Construction through Construction Scale (공사규모에 따른 공공건축물 공사비의 산정방법)

  • Yim, Jin-Ho;Park, Jun-Mo;Kim, Ok-Kyue
    • Journal of the Korea Institute of Building Construction
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    • v.15 no.3
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    • pp.307-316
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    • 2015
  • As there are a lot of differences in the public building construction cost depending on the construction scale of actual construction cost system, a lot of problems occur in the estimation of the cost. So, the development of a predictive model depending on the construction scale shall be used in a way that it is applied to the case selectively and differently. This study drew a cost estimating model through a regression analysis. For this, 42 construction sites which were ordered during 2011 to 2012 by Public Procurement Service data were selected as a historical data. Based on the application of the model to new construction and the verification of its effect, the reasonable model for estimating the construction cost has been suggested.

Development of an Activity-Based Conceptual Cost Estimating Model for P.S.CBox Girder Bridge (대표공종 기반의 P.S.C 박스 거더교 개략공사비 산정모델 개발 -상부공사 중심으로-)

  • Cho, Ji-Hoon;Kim, Sang-Bum
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2008.11a
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    • pp.197-201
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    • 2008
  • Conceptual cost estimates for domestic highway projects have generally been conducted using governmental unit-price references. Inaccuracies in governmental unit-price data has repeatedly addressed in the Korean construction industry which often lead to poor decision making and cost management practices. Thus, needs for developing a better way of conceptual cost estimating has been widely recognized. This research is considered as the first step in developing such model using real-world cost data based on actual construction activities. The data analyzed in this paper includes 41 P.S.C (Prestressed Concrete) Box bridges which broke into 4 categories based on 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). Actual design documents; including actual cost estimating documents, drawings and specifications were carefully reviewed to effectively break down cost structures for PSC girder bridges. Among more than 40 cost categories for each P.S.C girder bridge type, 7 of them were identified which accounted for more than 95% of total construction cost (ILM: 99.47%, MSS: 99.22%, FSM: 98.18%, and FCM: 98.12%). In order to validate the clustering of cost categories, the variation of each cost category has been investigated which resulted in between -1.16 % and 0.59%.

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An Investigation on the Propriety of Ratio-Unit Price Method for Estimating Demolition Cost (해체 공사 원가분석을 통한 비율단가 적용방식의 적정성 검토)

  • Sung Nak-won;Kim Young-suk
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2004.11a
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    • pp.579-583
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    • 2004
  • A new and extendable highway should be planned and budgeted by estimating the total construction cost on the basis of the precise cost data. However, the demolition or disjointing cost could not reflect construction site condition sufficiently because it was simply estimated by multiplying the highway structure installation cost by the regular ratio($10\~70\%$) specified in the Korea Standard Estimate. The regular ratio for estimating of demolition and disjointing cost was calculated by not actual construction cost data but subjective experiences of field manager. Therefore, the reliance of the estimated demolition or disjointing cost has been declined. The primary objective of this study is to purpose the standard for estimating proper demolition or disjointing cost of relevant items through various site analysis and survey, and to investigate on the propriety of ratio-unit price method for estimating demolition and disjointing cost.

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Development of Automation Technology for Structural Members Quantity Calculation through 2D Drawing Recognition (2D 도면 인식을 통한 부재 물량 산출 자동화 기술 개발)

  • Sunwoo, Hyo-Bin;Choi, Go-Hoon;Heo, Seok-Jae
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2022.04a
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    • pp.227-228
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    • 2022
  • In order to achieve the goal of cost management, which is one of the three major management goals of building production, this paper introduces an approximate cost estimating automation technology in the design stage as the importance of predicting construction costs increases. BIM is used for accurate estimating, and the quantity of structural members and finishing materials is calculated by creating a 3D model of the actual building. However, only 2D basic design drawings are provided when making an estimating. Therefore, for accurate quantity calculation, digitization of 2D drawings is required. Therefore, this research calculates the quantity of concrete structural members by calculating the area for the recognition area through 2D drawing recognition technology incorporating computer vision. It is judged that the development technology of this research can be used as an important decision-making tool when predicting the construction cost in the design stage. In addition, it is expected that 3D modeling automation and 3D structural analysis will be possible through the digitization of 2D drawings.

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A Study on Calibration of PRICE Model Using Historical Cost Data (실적자료를 활용한 PRICE 모델의 보정방안 연구)

  • Jung, Tae-Kyun;Lee, Yong-Bok;Kang, Sung-Jin
    • Journal of the military operations research society of Korea
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    • v.36 no.1
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    • pp.29-38
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    • 2010
  • In Korea weapon system acquisition processes, it's required a cost estimation report obtained from a commercial cost model. The PRICE model is generally used as a cost estimation model in Korea. However, the model uses American historical R&D data and it's output cost component is different from our cost component of defense accounting system. Also, we found that estimating results show about 10% of difference when we comparing with actual costs in 44 finished weapon acquisition projects. There are some limitations in calibration to increase an accuracy of the PRICE model because it's difficult obtain good real input data, detailed cost and technical data in low level WBS. So, only 8% of the defense R&D projects are calibrated and validation of calibration results is more difficult. Therefore, we studied the standard calibration process and performed the calibration about the MCPLXS/E parameters of the PRICE model based on actual cost data. In order to obtain a good calculation result, we collected the actual material costs from the defense industry companies. Our results can be used for an reference in similar weapon system R&D and production cost estimation cases.

An Analysis of Safety Control Effectiveness in Construction (건설업 안전관리 효과분석에 관한 실증적 연구)

  • 갈원모;손기상;채준석
    • Journal of the Korean Society of Safety
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    • v.11 no.1
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    • pp.121-128
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    • 1996
  • Estimating the cost of injuries and "accidents" to an organization is very important to figure out about how much well each organization has run his company and how much efficiently he has got the results using a certain amount of the expense for safety. Despite the potential usefulness to management of information as to the cost of a company's "accidents", it is not customary accounting practice to make these data available. Of the two general kinds of costs forced on a company by its occupational injuries and "accidents", the insurance cost and uninsured cost, -the former is by far the easier to find out. But actually, this uninsured cost should be figured out at each company. Authors have designed the generalized model to figure out the above problem costs to establish its efficient safety control. One construction company has been a pilot for this study. It is found that efficient safety control cost should be 1.2%~l.3% of total selling amount by analyzing actual data for three years.g actual data for three years.

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Development of a Simulation Model for the Productivity Analysis of Form Work in Multi-Family Housing Construction projects (공동주택 거푸집 공사의 생산성 분석을 위한 시뮬레이션 모델 개발)

  • Kang, Dong-Wan;Moon, Hyun-Seok;Hyun, Chang-Taek
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2009.11a
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    • pp.193-198
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    • 2009
  • It is an important issue in cost management to contract with the standard of cost estimate by the reasonable way in public construction projects. For the standard of cost estimate based on the Standard Estimating System, there is a difference of labor inputs between Standard Estimating System and actual quantities in construction projects. The duration of form work in multi-family housing depends on the manpower compared with other work, which is the critical path on the schedule management to be decided quality, and is the important to the cost management of construction projects. This study presented a simulation model of the productivity analysis for selecting the standard work type of form work in Multi-family housing construction projects.

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