• Title/Summary/Keyword: Construction Cost Prediction

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Prediction of duration and construction cost of road tunnels using Gaussian process regression

  • Mahmoodzadeh, Arsalan;Mohammadi, Mokhtar;Abdulhamid, Sazan Nariman;Ibrahim, Hawkar Hashim;Ali, Hunar Farid Hama;Nejati, Hamid Reza;Rashidi, Shima
    • Geomechanics and Engineering
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    • v.28 no.1
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    • pp.65-75
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    • 2022
  • Time and cost of construction are key factors in decision-making during a tunnel project's planning and design phase. Estimations of time and cost of tunnel construction projects are subject to significant uncertainties caused by uncertain geotechnical and geological conditions. The Gaussian Process Regression (GPR) technique for predicting ground condition and construction time and cost of mountain tunnel projects is used in this work. The GPR model is trained with data from past mountain tunnel projects. The model is applied to a case study in which the predicted time and cost of tunnel construction using the GPR model are compared with the actual construction time and cost for model validation and reducing the uncertainty for the future projects. In addition, the results obtained from the GPR have been compared with to other models of artificial neural network (ANN) and support vector regression (SVR) that the GPR model provides more accurate results.

A Study on the Prediction of SIP Piling Noise by Computer Simulation (Computer Simulation을 이용한 SIP 항타소음의 예측에 관한 연구)

  • 이병윤;윤해동;김재수
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2001.11a
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    • pp.14-21
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    • 2001
  • Recently, with the increasing of construction works, large construction equipment are used to reduce the term of work and labor cost in construction field. Therefore, construction equipment noise has caused much annoyance for a number of dweller in nearby construction field and it has become a very serious problem in our living environment. Nevertheless, in our country, adequite guidelines for the construction equipment noise are very deficiency because of the lack of basic data and insufficient research works. From this point of view, this study attempts to survey the characteristics and prediction of SIP piling noise. On the basis of measurement value, we analysed about prediction possibility of SIP piling noise by computer simulation.

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Analysis of Impact Factors for the Improvement of Conceptual Cost Estimation Accuracy for Public Office Building (공공청사 개산견적 정확도 향상을 위한 공사비 영향요인 분석)

  • Jo, Yeong-Ho;Yun, Seok-Heon
    • Journal of the Korea Institute of Building Construction
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    • v.21 no.5
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    • pp.495-506
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    • 2021
  • A Conceptual cost estimate, which is computed in the preliminary step of a project, is important for decision-making by a contractor in terms of the project budget, economic feasibility and validity analysis, and alternative comparisons. Therefore, a high error rate of a prediction model for a conceptual cost estimate can lead to various problems including excessive project expenditures and a delayed break-even point. this study proposed optimal impact factors by configuring quantitative impact factors computable in a preliminary step in various cases(combinations of impact factors). subsequently, the accuracy of different cases was comparatively analyzed by using the cases as input values of a prediction model using regression analysis. when the optimal combination of impact factors proposed in this study and other combination of impact factors were applied to the prediction model, the regression analysis-based prediction model exhibited 0.2-4.7% improvements in accuracy, respectively. the optimal combination of impact factors proposed in this study improved the accuracy of the prediction model of a conceptual cost estimate by removing unnecessary impact factor.

A Study on the Characteristics and Prediction of Piling Noise by Oil Pressure Method (유압식 항타소음의 특성과 예측에 관한 연구)

  • 이병윤;윤해동;김재수
    • Proceedings of the Korean Society for Noise and Vibration Engineering Conference
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    • 2001.11a
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    • pp.102-107
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    • 2001
  • Recently, with the increasing of construction works, large construction equipment are used to reduce the term of work and labor cost in construction field. Therefore, construction equipment noise has caused much annoyance for a number of dweller in nearby construction field and it has become a very serious problem in our living environment. Neverthless, in our country, adequite guidelines for the construction equipment noise are very deficiency because of the lack of basic data and insufficient research works. From this point of view, this study attempts to survey the characteristics and prediction of piling noise in oil pressure method. On the basis of measurement value, we analysed about prediction possibility of piling noise in oil pressure method.

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Prediction of UDPSC Bridge's Maintanence Cost based on Life Cycle Cost Analysis (LCC 분석에 기초한 UDPSC 교량의 유지관리비 예측에 관한 연구)

  • Shim, Bo-Hyun;Lee, Heung-Chol;Woo, Sung-Kwon
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2006.11a
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    • pp.638-641
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    • 2006
  • In this paper, A calculating cost method of maintenance and repair for bridge which is built up by new construction technique named Up-Down Precast Concrete(UDPSC). After 2000, 109 Bridges which are using UDPSC technique have been built up, 37 bridges's construction work are processing, and 194 designs are presented for construction. Because this technology has developed recently, there are few field data for analyzing the maintenance and repair cost. Therefore, the maintenance and repair cost is computed using Construction and Transportation Ministry's guide line for computation and former research's data.

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A Study on the Presumption of Proper Construction Cost of Distribution Facilities by Analyzing Actual Construction Cost (실적공사비 분석을 통한 유통시설물의 적정공사비 추정에 관한 연구)

  • Go, Seong-Seok;Kim, Hyun-Sik;Lee, Hyun-Chul
    • Korean Journal of Construction Engineering and Management
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    • v.9 no.3
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    • pp.108-117
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    • 2008
  • The appearance of the large distribution facility of large enterprise putting first reaches get to the various effect until change of leisure life and life pattern of the consumers from the distribution industry of the interior of a country. Competition of the distribution facility upgrade of the distribution facility and it shows the aspect which becomes the semi-department store, and construction cost is appearing different in proportion to each form or scale. Therefore, purpose of this study was to facilitate amicable construction progress between the owner and the builder through estimating the proper construction cost. This study investigated and analyzed the actual cost of 15 domestic distribution facilities and these datums were used to estimate the proper construction cost. This cost shows that from new project accomplishment through analysis of prediction construction cost for feasibility study from initial plan and design step and can be utilizable elementary data bH decision method to whether or not to propriety of distribution facilities business.

A Conceptual Framework of an Agent-Based Space-Use Prediction Simulation System

  • Cha, Seung Hyun;Kim, Tae Wan
    • Journal of Construction Engineering and Project Management
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    • v.5 no.4
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    • pp.12-15
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    • 2015
  • Size of building has a direct relationship with building cost, energy use and space maintenance cost. Therefore, minimizing building size during a project development is of paramount importance against such wastes. However, incautious reduction of building size may result in crowded space, and therefore harms the functionality despite the fact that building is supposed to satisfactorily support users' activity. A well-balanced design solution is, therefore, needed at an optimum level that minimizes building size in tandem with providing sufficient space to maintain functionality. For such design, architects and engineers need to be informed accurate and reliable space-use information. We present in this paper a conceptual framework of an agent-based space-use prediction simulation system that provides individual level space-use information over time in a building in consideration of project specific user information and activity schedules, space preference, ad beavioural rules. The information will accordingly assist architects and engineers to optimize space of the building as appropriate.

Correlation Analysis between Building Damage Cost and Major Factors Affected by Typhoon

  • Yang, Sungpil;Yu, Yeongjin;Kim, Sangho;Son, Kiyoung
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.702-703
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    • 2015
  • Currently, according to the climate change, serious damage by Typhoon has been occurred in the world. In this respect, the research on the damage prediction model to minimize the damage from various natural disaster has been conducted in several developed countries. In the case of U.S, various damage prediction models of buildings from natural disasters have been used widely in many organizations such as insurance companies and governments. In South Korea, although studies regarding damage prediction model of hurricane have been conducted, the scope has been only limited to consider the property of hurricane. However, it is necessary to consider various factors such as socio-economic, physical, geographical, and built environmental factors to predict the damages. Therefore, to address this issue, correlation analysis is conducted between various variables based on the data of hurricane from 2003 to 2012. The findings of this study can be utilized to develop for predicting the damage of hurricane on buildings.

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Development of a model for an equation for estimating construction costs based on the resource-based cost estimating system for TBM (TBM 공법의 자원기반 적산 방식에 의한 개산 공사비 예측 식 모델 개발)

  • Han, Seung-Hee;Park, Hong-Tae
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.14 no.3
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    • pp.1474-1480
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    • 2013
  • This study attempted to estimate construction costs in accordance with the resource-based cost estimation (unit cost price) system by diameter for TBM method, and analyzed the direct cost and the total cost. Based on such figures, this study performed a regression analysis and proposed a model for an equation for estimating construction costs. model for the resource-based cost estimation (unit cost price) system classified by diameter for TBM method proposed by this study can be effectively applied to business planning, preliminary investigation, feasibility study, construction cost estimations in the early design stages.

Improving the Accuracy of Early Stage Cost Estimation in Apartment Construction Project (공동주택 프로젝트의 초기 공사비 예측정확도 향상에 관한 연구)

  • Lim, So-Yean;Yeo, Sang-Gu;Go, Seong-Seok
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2010.05a
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    • pp.143-147
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    • 2010
  • Due to the diversification and complication of construction projects, controlling risks from the early design-planning phase gives huge impact on success of the construction project. As a part of managing uncertainties it is also important to estimate the project cost several times. Especially, estimating project cost in the early stage gives effects on making a budget for projects. This study estimated the apartment project cost using case-based reasoning(CBR), which is the process of solving new problems based on the past problems. For this, we deduced the apartment cost influence factors which can be gathered in the early stage of project. Based on the factors we established the database for apartment project and calculated the attribute value, attribute similarity and case similarity. Although we retrieve the most similar case from the database, it is very hard to utilize it directly due to the uniqueness of each project. So, Genetic Algorithm(GA) was applied in revising the cost of the retrieved-case. Therefore, the accuracy of the prediction was improved by GA optimization.

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