• Title/Summary/Keyword: Construction Cost Prediction

Search Result 205, Processing Time 0.024 seconds

Experimental Study on Long-Term Prediction of Rebar Price Using Deep Learning Recursive Prediction Meothod (딥러닝의 반복적 예측방법을 활용한 철근 가격 장기예측에 관한 실험적 연구)

  • Lee, Yong-Seong;Kim, Kyung-Hwan
    • Korean Journal of Construction Engineering and Management
    • /
    • v.22 no.3
    • /
    • pp.21-30
    • /
    • 2021
  • This study proposes a 5-month rebar price prediction method using the recursive prediction method of deep learning. This approach predicts a long-term point in time by repeating the process of predicting all the characteristics of the input data and adding them to the original data and predicting the next point in time. The predicted average accuracy of the rebar prices for one to five months is approximately 97.24% in the manner presented in this study. Through the proposed method, it is expected that more accurate cost planning will be possible than the existing method by supplementing the systematicity of the price estimation method through human experience and judgment. In addition, it is expected that the method presented in this study can be utilized in studies that predict long-term prices using time series data including building materials other than rebar.

A Comparative Study on the Prediction of the Final Settlement Using Preexistence Method and ARIMA Method (기존기법과 ARIMA기법을 활용한 최종 침하량 예측에 관한 비교 연구)

  • Kang, Seyeon
    • Journal of the Korean GEO-environmental Society
    • /
    • v.20 no.10
    • /
    • pp.29-38
    • /
    • 2019
  • In stability and settlement management of soft ground, the settlement prediction technology has been continuously developed and used to reduce construction cost and confirm the exact land use time. However, the preexistence prediction methods such as hyperbolic method, Asaoka method and Hoshino method are difficult to predict the settlement accurately at the beginning of consolidation because the accurate settlement prediction is possible only after many measurement periods have passed. It is judged as the reason for estimating the future settlement through the proportionality assumption of the slope which the preexistence prediction method computes from the settlement curve. In this study, ARIMA technique is introduced among time series analysis techniques and compared with preexistence prediction methods. ARIMA method was predictable without any distinction of ground conditions, and the results similar to the existing method are predicted early (final settlement).

A Study on the Estimation Model of Cost of Energy for Wind Turbines (풍력발전기의 에너지 비용 산출에 대한 고찰)

  • Chung, Taeyoung;Moon, Seokjun;Rim, Chaewhan
    • New & Renewable Energy
    • /
    • v.8 no.4
    • /
    • pp.3-12
    • /
    • 2012
  • Large offshore wind farms have actively been developed in order to meet the needs for wind energy since the land-based wind farms have almost been fully developed especially in Europe. The key problem for the construction of offshore wind farms may be on the high cost of energy compared to land-based ones. NREL (National Renewable Energy Laboratory) has developed a spreadsheet-based tool to estimate the cost of wind-generated electricity from both land-based and offshore wind turbines. Component formulas for various kinds and scales of wind turbines were made using available field data. In this paper, this NREL estimation model is introduced and applied to the offshore wind turbines now under designing or in production in Korea, and the result is discussed.

Evaluation of a Traffic Lane Closure and Pavement Repair for a Certain Period (Focusing on the Gimcheon~Sunsan Project) (1차로 전면차단 후 도로포장 보수방법의 효과분석 (김천~선산 사례중심))

  • Ryu, Sung Woo;Park, Kwon-Je;Han, SeungHwan;Choi, InGu;Cho, Yoon-Ho
    • International Journal of Highway Engineering
    • /
    • v.18 no.3
    • /
    • pp.11-19
    • /
    • 2016
  • PURPOSES : This study supports the evidence that it is possible to rehabilitate a damaged pavement with a lane closure specifically based on the Gimcheon~Sunsan project. METHODS : The prediction results from the simulation programs were compared with field monitoring, which focused on traffic management planning, congestion (length, time, and passing speed), bypass, and user cost, among others. RESULTS : The research results showed that lane closure application and pavement repair of the aged pavement in Korea were possible, even though the prediction results were minimally different from the field monitoring. The road agency contributes to service life extension of the rehabilitated pavement using this method. CONCLUSIONS : A marginal effect caused by the lane closure was observed on travelling users or vehicles, and the user cost of pavement repair decreased. Therefore, introducing the repair method or rehabilitation in Korea is possible. Information dissemination through various media was properly done to execute the project well. Moreover, the construction area traffic utilized nearby alternative roads. Therefore, improving the repaired pavemen's service life while ensuring that the pavement management agency can provide a road with comfortable user riding quality was possible.

A Study on Cost Prediction of Highway Operating Risk through a Case Study of Power Failure (정전사고 사례분석을 통한 고속도로 운영 위험비용 산정에 대한 연구)

  • Kwon, Yong-Hoon;Kim, Kyong-Ju;Lim, Won-Seok;Park, Chan-Jin;Chae, Myung-Jin
    • Korean Journal of Construction Engineering and Management
    • /
    • v.10 no.1
    • /
    • pp.78-90
    • /
    • 2009
  • Recently, operation of highway is the complex digital Infrastructure based on complicated IT. The application of IT is increasing more and more in digital Infrastructure. Though IT is very convenient, if unpredicted operating risk of highway occurs, widespread damage can be large. When operating risk of highway occurs, road users are out of smoothly-run service because of the operating interruption. This risk causes unpredicted operating management cost and additional maintenance cost. It will excess over the planned operating cost, which may leads to users's unsafety and operator's insolvency because of income loss. Until now, related studies to find out the risk are not sufficient. The purpose of this study is to suggest risk cost items and to estimate the reasonable risk cost by using simulation method in case of occurring the huge power failure at the operating digitalized highway. This study indicates the several plans to hedge against risk cost and the management of highway project. From now on, it will be used as basic data to confirm the soundness of operating system in Digital Infrastructure.

Economic Benefits of An Application of Construction Debris Units in Housing Environment Amelioration Area (주거환경개선지구 건축물해체 시 발생원단위 적용의 경제성 효과)

  • Hwang, Hyun-Seung;Son, Byeung-Hun;Park, Sang-Min;Hong, Won-Hwa
    • Journal of the Korean housing association
    • /
    • v.20 no.3
    • /
    • pp.77-84
    • /
    • 2009
  • The construction debris has been enormously increased since 90's because of a reconstruction and developing a new building site. Under the construction law, construction debris must legally recycle or reclaim at cost, but almost people have depended on reclamation of the illegal process to treat construction debris. Therefore, the environmental disruption and contamination have been begun the hot issue of society and in controversy with residents. With the consequence that indicates a substitute about an application of construction debris units is the most important thing for studying construction debris of quantity when the construction units are demolished. Nowadays, the area under the housing environment amelioration policies is getting rapidly old, then it is beyond anticipating reconstruction. Before construction units are demolished, generally three of four engineers investigate or predict the quantity of construction debris for two months. But this study is using the units of construction debris instead of the investigation and gets more precise data than investigation or prediction. In conclusion, the purpose of this study offers that units of construction debris can alternate the investigating of construction debris and curtail the expenses of labors and finances. Finally, those effects are going to make economical benefits covering the whole of the process of constructions.

Development of Mongolian Numerical Weather Prediction System (MNWPS) Based on Cluster System (클러스터 기반의 몽골기상청 수치예보시스템 개발)

  • Lee, Yong Hee;Chang, Dong-Eon;Cho, Chun-Ho;Ahn, Kwang-Deuk;Chung, Hyo-Sang;Gomboluudev, P.
    • Atmosphere
    • /
    • v.15 no.1
    • /
    • pp.35-46
    • /
    • 2005
  • Today, the outreach of National Meteorological Service such as PC cluster based Numerical Weather Prediction (NWP) technique is vigorous in the world wide. In this regard, WMO (World Meteorological Organization) asked KMA (Korea Meteorological Administration) to formulate a regional project, which cover most of RA II members, using similar technical system with KMA's. In that sense, Meteorological Research Institute (METRI) in KMA developed Mongolian NWP System (MNWPS) based on PC cluster and transferred the technology to Weather Service Center in Mongolia. The hybrid parallel algorithm and channel bonding technique were adopted to cut cost and showed 41% faster performance than single MPI (Message Passing Interface) approach. The cluster technique of Beowulf type was also adopted for convenient management and saving resources. The Linux based free operating system provide very cost effective solution for operating multi-nodes. Additionally, the GNU software provide many tools, utilities and applications for construction and management of a cluster. A flash flood event happened in Mongolia (2 September 2003) was selected for test run, and MNWPS successfully simulated the event with initial and boundary condition from Global Data Assimilation and Prediction System (GDAPS) of KMA. Now, the cluster based NWP System in Mongolia has been operated for local prediction around the region and provided various auxiliary charts.

The Development and Application of Low Vibration Explosives(NewFINECKER) (미진동 화약(NewFINECKER) 개발 및 현장 적용에 관한 연구)

  • Park, Yun-Seok;Jeong, Min-Su
    • Explosives and Blasting
    • /
    • v.28 no.1
    • /
    • pp.11-18
    • /
    • 2010
  • This study improved construction and cost efficiency that are disadvantages of existing low vibration crackers(low vibration cracker, plasma, etc) and introduced cases of development and practical applications of Low vibration explosives(NewFINECKER) that minimizes blast vibration. The low vibration explosives(NewFINECKER) is suitable to Type-1 among standard blasting patterns of Ministry of Land, Transport and Maritime Affairs(MLTM) and delay blasting is possible. Moreover, the low vibration explosives improve construction and work efficiency while the level of vibration is shown to be about 60~70% of normal emulsion explosives. Additionally, this study suggested standard blasting patterns, the prediction equation of blasting vibration, and construction methods.

Development of Determination System for Optimal Combination of Earthwork Equipments (토공사를 위한 건설장비 투입 최적 조합 산정 시스템 개발)

  • Park, Jae-Woo;Yeom, Dong-Jun
    • Journal of the Korean Society of Industry Convergence
    • /
    • v.23 no.6_2
    • /
    • pp.957-969
    • /
    • 2020
  • The primary objective of this study is to develop a determination system for an optimal combination of earthwork equipment that improves the traditional way in convenience, prediction accuracy, and productivity. For this, the following research works are conducted sequentially; 1)literature review, 2)technology development trend analysis, 3)develop a determination system for the optimal combination of earthwork equipment, 4)simulation of a developed system. As a result, core considerations are deducted for the development of a determination system. Furthermore, site simulation is performed using a developed system. Site simulation result, Cluster 1(R1200LC 7㎥, CAT 775G 65ton×2) was selected from 6 clusters because of its production cost (₩491/㎥). It is expected that the application range and impact on the construction industry will be enormous due to the availability of the developed system.

LIFT CYCLE PREDICTION METHOD FOR THE SELECTION OF LIFT EQUIPMENT IN SUPER TALL BUILDING CONSTRUCTION

  • Seo-kyung Won;Choong-hee Han;Junbok Lee
    • International conference on construction engineering and project management
    • /
    • 2009.05a
    • /
    • pp.153-160
    • /
    • 2009
  • The demand for super tall building construction is increasing worldwide. There has been a constant request for achieving early payback on investment by shortening the construction time. This pertains especially for the case of huge investment projects such as super tall building construction. It is very important to shorten the construction time for the building framework, which requires substantial construction time and cost, and this is directly related to the establishment of an optimum lift plan for construction. When there is a problem in the selection of the lift equipment, it is almost impossible to revise the selection, resulting in a possible failure of the project. Thus, the purpose of this study is to analyze the function and logic for the development of the process for the selection of lift equipment for super tall building projects and further development of making the analyzed process into a system. In line with this research objective, the process of selecting the optimum lift equipment by domestic construction company was investigated and analyzed as well as collecting the actual field data. The actual data were obtained by sensors installed on tower cranes at three construction sites with the help from the construction company.

  • PDF