• Title/Summary/Keyword: Commercial Construction

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BIM-BASED TIME SERIES COST MODEL FOR BUILDING PROJECTS: FOCUSING ON MATERIAL PRICES

  • Sungjoo Hwang;Moonseo Park;Hyun-Soo Lee;Hyunsoo Kim
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.1-6
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    • 2011
  • As large-scale building projects have recently increased for the residential, commercial and office facilities, construction costs for these projects have become a matter of great concern, due to their significant construction cost implications, as well as unpredictable market conditions and fluctuations in the rate of inflation during the projects' long-term construction periods. In particular, recent volatile fluctuations of construction material prices fueled such problems as cost forecasting. This research develops a time series model using the Box-Jenkins approach and material price time series data in Korea in order to forecast trends in the unit prices of required materials. Building information modeling (BIM) approaches are also used to analyze injection times of construction resources and to conduct quantity take-off so that total material prices can be forecast. To determine an optimal time series model for forecasting price trends, comparative analysis of predictability of tentative autoregressive integrated moving average (ARIMA) models is conducted. The proposed BIM-based time series forecasting model can help to deal with sudden changes in economic conditions by estimating material prices that correspond to resource injection times.

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An Analysis of Locational Characteristics and User Behavior of Neighborhood Parks in Central Business District (중심상업지역 근린공원의 공간적 입지특성과 이용행태 분석)

  • Choi, Chul-Hyun;Woo, Young-Sook;Jung, Sung-Gwan
    • Journal of the Korean Association of Geographic Information Studies
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    • v.18 no.1
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    • pp.25-47
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    • 2015
  • The user behaviors in the parks around the commercial area may have different characteristics in comparison with the behaviors in typical neighborhood parks because they may be affected by nearby commercial facilities. The purpose of this study is to explore the characteristics of park users'behavior considering adjacent environments in the neighborhood parks located in central business district of Daegu and to suggest improvements and complements for the construction of new parks and remodeling current parks. According to the results, the land values were high and the percentage of deteriorated buildings was low around Gukchae Reward Movement Memorial Park and 2.28 Central Memorial Park. However, the commercial facilities were entirely declined along with a drop in land values around Gyeongsang-gamyeong Park and old people used this park more than young people. In terms of the purpose of park use, users of three parks had indirect behavior patterns related near commercial facilities rather than using directly park facilities and the age groups of park users were similar to the user groups of nearby commercial facilities. Also, the determinant factors of satisfaction with park use were varied depending on the difference of age groups of park users and park characteristics. Therefore, it is necessary to consider the effects of user age groups according to the changes of environment around parks for the construction and organization of parks.

Diversified Investment of Commercial Real Estate Assets - Focused on Office Building and Retail Real Estate Markets in Seoul - (상업용 부동산 시장의 분산투자에 관한 연구 - 서울지역의 오피스 빌딩 및 소매용 부동산 시장을 중심으로 -)

  • Park, Jongkwon;Jun, Jaebum
    • Korean Journal of Construction Engineering and Management
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    • v.16 no.6
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    • pp.144-155
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    • 2015
  • This paper is to understand investment's efficiency and performance of commercial real estate assets diversified by use and district. To do so, this paper divides two different commercial real estate markets(office build market and retail real estate market) in Seoul city by district into "GBD(Gangnam Business District), YBD(Yeouido Business District), and CBD(Central Business District)" and "GBD(Gangnam Business District), SBD(Shinchon Business District), and CBD(Central Business District)" respectively, configures these districts each other to structure portfolios as its portion varies based on Markowitz's Mean-Variance principle, and looks at risk-return relationship of portfolios to find out efficiency, performance, and optimal investment chosen based upon Sharpe's Performance Index. As a result, the portfolio configured by "10 to 30% of office building asset at CBD" and "70 to 90% of retail real estate asset at CBD" is shown to be the most optimal, suggesting the highest quarterly Sharpe's performance index of 2.7118~2.7776 with quarterly rate of return of 1.826%~1.838% and quarterly standard deviation of 0.573~0.589. Furthermore, it is obvious that diversified portfolio configured by use(office-retail) shows better investment performance than that by district with same type of asset(office-office or retail-retail). Finally, results driven from this research will play an important role to stimulate real estate and construction markets through enlarging ideas as to diversified investment by use and district on real estate indirect investment products.

A Conceptual Study of the underdevelopment of the British Multinational Corporations, 1870-1914: from the perspective of the network theory (1870-1914년 영국의 초국적 기업 발전을 저해한 요인 분석: 연결망(네트워크) 이론의 개념적 적용)

  • Yang, Oh Suk;Kang, Won Taek
    • Journal of International Area Studies (JIAS)
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    • v.14 no.1
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    • pp.129-153
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    • 2010
  • The guiding research question of this paper is to discover 'why the UK could not develop a general structure in which transnational corporations were born during the end of the 19th ~ beginning of the 20th century like other countries'. In response to this question, although acknowledging its imperfections, the author would like to explore the causality in the context of 'Social Construction' which is reflected in the attributes of British society. As such, researchers are strongly recommended to take into account the actors' interests and the increased value effect of events which is driven by control power. This paper concludes that: firstly, not only was contempt for industrial capitalism prevalent in British society, the British government was unable to recognize the necessity of promoting policies for the development of transnational corporation. In addition, the increase in the clout of commercial-financial capitalists in the city of London along with the expansion of gentlemanly elites interfered with the transnationality of British companies. Secondly, the foundation of the political and economic structures in the UK experienced continuity and challenge simultaneously. Since the 1850's, the British social structure has been progressively characterized by the strengthening power of the commercial-financial elites in London, which resulted not in the transnationality of manufacturing but that of financial services. Finally, the configuration of the social network driven by the British elites consists of the actors' interests and control power in association with severance and connection. Unlike the complementarity of interests, in the initial stage, intended connection based on voluntary motivation between gentries and commercial-financial elites occurred in terms of control power. However, ultimately, the holding of power was transferred to the commercial-financial elites excluding the industrial capitalists and resulted in the reconfiguration of the social network.

A Technical Movement of Contents Application in I-Business Shopping Mall (전자상거래 쇼핑몰의 컨텐츠 활용에 관한 기술 동향)

  • 이승렬;윤호군;정화영
    • Proceedings of the Korea Contents Association Conference
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    • 2003.05a
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    • pp.185-188
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    • 2003
  • Entrance on the stage of electronic commerce based on internet is acting role that take away regional limitation in commercial transaction. This means that must establish common idea until now in commercial transaction newly, That is, feeler escapes in pattern that is been prior and it means that sight is been prior. We say too much may not be even if success and failure availability of electronic commerce shopping mall catches this sight. And, We Must be able to meet and attach goods purchase by construction of shopping mall through development of correct contents about in various desire of costomer. Therefore, in this paper, we recognize and studied about the efficiency of practical use for useful contents to satisfy customer'a desire in shopping mall construction.

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Development of Building Integrated PV(BIPV) module for the replacement of commercial building envelope materials (건물외피용 태양광발전 BIPV 모듈 개발 연구)

  • Yoon, Jongho;Kim, J.I;Lee, K.S.;Yu, G.J.
    • KIEAE Journal
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    • v.4 no.3
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    • pp.113-119
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    • 2004
  • As Building Integrated Photovoltaic(BIPV) system replaces the conventional building finishing materials with PV modules, two function of electricity generation and building envelope can be expected. Therefore BIPV can be a good alternative technology for the 21 century environment-friendly buildings. The objective of this paper is to develope BIPV modules for a commercial buildings of which structure is mainly light-weight, curtain wall system. Two types of module are developed for a opaque part and a transparent part of building envelope. Current technology level and market status of Korea determines the configuration of developed BIPV modules. Architectural considerations for the integration of PV module to building envelope such as building structure, construction type, safety, regulation, maintenance etc. have been carefully reflected from the early stage of BIPV module design. Especially the survey result of current building envelope materials determines the size of unit BIPV modules and a unique cladding method for PV module installation is developed. Trial product of BIPV modules and cladding hardwares are manufactured and sample construction details for a demonstration building are proposed.

An Analysis Locational Value of the Commercial Facilities by the Internalization of Street (가로의 내부화에 따른 상가 입지가치 분석)

  • Kim, Jin-Sik;Kim, Whoi-Yul;Kim, Byeoung-Su;Ahn, Byung-Ju;Lee, Yun-Seon;Kim, Jae-Jun
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.876-879
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    • 2007
  • Large scale composition facility gives in commerce and space structure effect. therefore, this study will estimating locational value of the commercial facilities by separating space analyze to the topological property, predict a pattern and distribution of passenger's routes through the space syntax on the basis of analysis about the topological property which quantitatively using a estimating tool. Moreover, this study should suggest some of present issues at the aspects of inside city plan and design fitting the internalization of street for propelling efficient the locational strategy.

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Visualization method of Clearance Design of Gas Turbine using Commercial Finite Element Analysis program (상용 유한요소 해석 프로그램을 이용한 가스터빈 간극 설계의 가시화 방법)

  • Han, Do Won;Kim, Yeong Chun;Kim, Kyung Chun
    • Journal of the Korean Society of Visualization
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    • v.17 no.1
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    • pp.78-84
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    • 2019
  • A gas turbine is the main equipment of a power plant that generates electricity by high-speed rotation of the rotor in a high-temperature environment. In particular, in the case of medium to large-sized gas turbines, the rotor is composed of a plurality of stages, and each component is exposed to different physical environments. Especially, in the case of the tip clearance of the turbine, it is a very important factor in the performance of the design items and the operation of the stable turbine, and a design considering the physical behavior of all major parts should be done. In this study, we will discuss the process of visualizing the physical behavior of turbine operating conditions and the method of designing tip clearance for stable operation by using commercial finite element analysis program for gas turbine assembly model and single product.

A Case Study on the Evaluation Technique of Evacuation Safety in Building Fire (건축물화재시의 피난안전에 관한 평가기술에 대한 사례조사)

  • Kwon, Young-Jin;Lee, Byeong-Heun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2020.11a
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    • pp.115-116
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    • 2020
  • Recently, due to fires in high-rise residential and commercial buildings and apartments in Ulsan and Busan, the issue of evacuation safety in the event of a building fire is being closely watched. In the evacuation safety design for these building fires, it is important to secure evacuation routes considering the spatial characteristics of the building or the characteristics of the occupants and to take measures to protect the evacuation routes in order to ensure the safety of the occupants in the event of a fire. Although simulation is mainly used in Korea to assess the safety of evacuation, there is a big difference in that the Building Standards Act provides tools that can be calculated more than simulation in neighboring Japan. In addition to the evaluation method, which is called the "Building Law Assessment Methods" in Japan, the research team considered that it is important to know the process of evaluation in future domestic research, and investigated the contents of the evaluation process and wanted to apply it first to domestic buildings in the future.

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