• Title/Summary/Keyword: Construction cost index

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Analysis of Construction Safety Management and Execution Tasks for Performance Improvement (건설공사 안전관리 및 시공 업무의 중요도 분석에 관한 연구)

  • Kang, Sang-Hun;Kim, Dae Young
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2018.11a
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    • pp.130-131
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    • 2018
  • The main purpose of this study is to analyze the importance of the construction work of apartment buildings. The construction work operation was divided into five major tasks, which include: Schedule Control (P'1 - P5) Construction Management (C'1 - C'5), Environmental Management (E'1 - E'3), and Quality Management. Finally, this study derived major construction execution tasks through correlation between construction work and the original index and t-test.

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Development of Construction Cost Estimation Model for Elementary, Middle and High School Facilities (초·중·고등학교 시설물별 추정공사비 산정모델 개발)

  • Jung, Eui-Hyun;Yeom, Dong-Jun;Kim, Jun-Sang;Kim, Young Suk
    • Korean Journal of Construction Engineering and Management
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    • v.22 no.3
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    • pp.69-78
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    • 2021
  • Estimated construction cost is an important index to secure an optimal budget which needs to go into construction projects in the previous of basic design phase. In order for public institutions to calculate the estimated construction cost, the cost per unit area of public buildings is used. However, the current calculation method of the estimated construction cost in public buildings is impossible to reflect the characteristics of many facilities and combinations. The purpose of this study is to develop an estimation model in the previous of basic design phase for the elementary, middle and high school facilities. it is expected that it is possible to estimate the construction cost of the elementary, middle and high schools in a reasonable and reliable manner through the estimation model developed in this study.

Delays and its Analysis: Indian Residential Construction Projects

  • Metha, Rakesh L.;Gaikwad, Suraj V.
    • Journal of Construction Engineering and Project Management
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    • v.7 no.4
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    • pp.20-28
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    • 2017
  • In almost every construction project, delay is an inevitable yet controllable phenomenon. The Indian construction industry encounters an enormous amount of delays in projects. Delay affects both time and money in the forms of schedule and cost overruns, respectively. Due to impressive and dynamic growth in the Indian construction sector, planned efforts are essential to limit these undesirable delays. On account of the surge in the rate of residential building construction, the task of identification and analysis of the delays in residential projects in India has been attempted by the authors. A questionnaire survey was conducted involving 100 stakeholders. Further analysis included an Importance Index to rank the identified delays, Principle Component Analysis for advanced statistical analysis, and Correlation Analysis to check the extent of agreement amongst stakeholders. Conclusions drawn with reference to the analysed data eventually reflected finance-related issues, as well as labour related problems as the dominating causes of delays. The aim of the research is to provide insight to the construction stakeholders and researchers, on an international scale, with the obtained results.

A Statistical Analysis on the Chemical Compositions & Mechanical Properties of Weathering Steels (내후성강재의 화학성분 및 기계적성질에 관한 통계적 분석)

  • Kyung, Kab Soo;Kwon, Soon Chul
    • Journal of Korean Society of Steel Construction
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    • v.15 no.2
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    • pp.147-157
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    • 2003
  • The application in steel structures is increasing the mill sheet for the weathering steels by minimum maintenance cost in a life cycle cost. These have been collected and statistically analyzed to investigate chemical compositions, mechanical properties, weldability indices, weathering index and impact absorbed energy. From this study, although the band of dispersion in chernical compositions, mechanical properties and impact absorbed energy of the weathering steels appeared a little larger, the results revealed that these values have adequately satisfied the standard values of the Korean Standard. Furthermore, it was found that the weldability indices and the weathering index for the weathering steels have respectively satisfied the value prescribed by the Japanese Highway Specification and ASTM.

A Study for Verification of the Performance Index Model of EVMS in Credible Interval (신뢰구간상에서 EVMS 성과지수모델의 검정에 관한 연구)

  • Kang Byung-Wook;Lee Young-Dai;Park Hyuk;Chun Yong-Hyun
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.478-481
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    • 2002
  • In these days, Cost and Scheduling was managed effectively because of introduction of EVMS to construction project. However the EVMS is appropriate methods to advanced country, so it is difficult to apply into domestic construction project. in this paper weighted value n, m was used of compositive index(CI) to forecast Estimate At Completion (EAC) using statistical analysis in credible interval the objective of this paper is to verify compositive index(CI) and to forecast Estimate At Completion (EAC).

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The Development of Life Cycle Cost Evaluation Index for Public Facilities (공공시설물의 생애주기비용 평가기준 개발)

  • Kim, Tae-Hui;Gu, Bon-Hak;Kim, Ok-Gyu;Park, Tae-Keun;Lee, Hyun-Soo
    • Korean Journal of Construction Engineering and Management
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    • v.9 no.6
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    • pp.216-224
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    • 2008
  • Recently, most developed countries use the evaluation system about Life Cycle Cost(LCC), and KOREA is beginning to introduce the system to reduce construction expenses. And the introduction of "Technical Proposal Type Bid", which is a new procurement method of Korea government, has made needs for the price-valuation way to evaluate facilities LCC. These days, LCC has been being evaluated by BTL and turnkey project in KOREA, which is suffering from difficulties in evaluating it, because evaluation elements and standards are vague. In addition, LCC evaluation in public construction business except BTL and turnkey is not carried out. Therefore, this paper is to develop a new evaluation index to evaluate LCC both systematically and objectively. The results of this paper are as followings. (1) Necessity and problem analysis of LCC evaluation index, (2) LCC evaluation index deduction from the technical report and question analysis, (3) Application and evaluation method suggestion to practice.

Optimum design of steel frame structures considering construction cost and seismic damage

  • Kaveh, A.;Fahimi-Farzam, M.;Kalateh-Ahani, M.
    • Smart Structures and Systems
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    • v.16 no.1
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    • pp.1-26
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    • 2015
  • Minimizing construction cost and reducing seismic damage are two conflicting objectives in the design of any new structure. In the present work, we try to develop a framework in order to solve the optimum performance-based design problem considering the construction cost and the seismic damage of steel moment-frame structures. The Park-Ang damage index is selected as the seismic damage measure because it is one of the most realistic measures of structural damage. The non-dominated sorting genetic algorithm (NSGA-II) is employed as the optimization algorithm to search the Pareto optimal solutions. To improve the time efficiency of the proposed framework, three simplifying strategies are adopted: first, simplified nonlinear modeling investigating minimum level of structural modeling sophistication; second, fitness approximation decreasing the number of fitness function evaluations; third, wavelet decomposition of earthquake record decreasing the number of acceleration points involved in time-history loading. The constraints of the optimization problem are considered in accordance with Federal Emergency Management Agency's (FEMA) recommended seismic design specifications. The results from numerical application of the proposed framework demonstrate the efficiency of the framework in solving the present multi-objective optimization problem.

Improved Escalation Method for the Cost Estimation System using Previous Bid Price in Public Construction Projects (공공 건설공사에서의 실적공사비 적용에 따른 물가변동률 산정기준 개선방안)

  • Baek, Seung-Ho;Kang, Tai-Kyung;Lee, Yoo-Sub
    • Journal of the Korea Institute of Building Construction
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    • v.12 no.1
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    • pp.108-114
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    • 2012
  • Escalation method examining the changes in price index has been widely utilized in public construction projects. The previous escalation method determined estimated changes in price based on the average unit price of contract items over a period of time. In relation to this method, the issue has been raised that the fluctuation rates of previous method show different trends compared with other related price indices, as the influence of the small group of contract items with large unit prices overwhelms the others. This research suggested an improved escalation method which estimates the fluctuation rate by examining the changes in CCI (construction cost index) and applies it to the total amount or the partial amount deducted for labor cost in price escalation for previous bid price method. To verify the improvement, a case study is conducted on an educational facility, and the fluctuation rate was estimated in two different base periods (short term, long term). The results over the long term showed similar tendencies to those of related price indices, as well as significant differences in fluctuation rates compared to those of the previous method.

Corrosion-Fatigue Reliability-Based Life Cycle Cost Analysis of High-Speed Railway Steel Bridges (고속철도 강교량의 부식.피로신뢰성 기반 생애주기비용 분석)

  • Jeon, Hong-Min;Sun, Jong-Wan;Cho, Hyo-Nam
    • Proceedings of the KSR Conference
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    • 2007.11a
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    • pp.1132-1140
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    • 2007
  • As it recently appears that Life Cycle Cost Analysis may be considered as new methodology for economic valuation of infrastructure many researches have been made to assess LCC(Life Cycle Cost) of each facility based on a reasonable methods. In general, LCC is composed of construction cost and expected maintenance repair cost. And especially, maintenance repair cost must be estimated to enhance the reliability through systematic and reasonable methods. However in Korea, because high speed railway steel bridges are recently constructed no direct statistical data are available for the account of the maintenance cost and then their maintenance characteristics are not linear yet. Therefore, the approach proposed in the paper utilizes a theoretical determination and degradation of the corrosion and fatigue of the bridges based on Rahgozar et al.(2006)'s model on fatigue notch factor considering into the corrosion to incorporate the corrosion effect into the fatigue strength reduction model. And then, the corresponding probability of failure is calculated in terms of the reliability index using S-N curve to formulate the fatigue limit state. Therefore, this paper proposes the minimum Life Cycle Cost through optimum maintenance plan analysis of high-speed railway steel bridges under construction. Finally, this paper reviews the proposed model in oder to confirm the applicability and feasibility by appling it to high speed railway steel bridges under construction

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A STUDY ON THE INTRODUCTION OF THE PAY ADJUSTMENT SYSTEM FOR THE VOLUNTARY ASSURANCE OF QUALITY BY THE CONTRACTORS

  • Byung-Ok Noh;Sang-Beom Lee;Jai-Dong Koo
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.521-525
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    • 2011
  • Although the Korean construction industry has risen rapidly, the quality of the buildings is not met with the industry standard compared to the potential of the technology development and the cost of maintenance has been increased. The user's request for quality have been increased, but in the current building construction, the contractors only follow the specifications of design, material and technology, and their main concern is whether they are in right track with the specification or not. Thus, the necessity of developing technology has been ignored and sufficient opportunities for the development have not been provided as well. In the developed countries, in contrast, the quality assurance and the payment regulation system has been utilized for the active response to the changes of users' request. As a result of this, the maintenance cost has been decreased and the development of construction technology has been improved. Therefore the pay adjustment system is needed to create the improvement of the quality of the buildings by the contractors' earnest building construction. In order to introduce the pay adjustment system suitable to the Korean construction industry, this study presented the logical method of adjusting the construction cost and making payment with the pay adjustment index that is created based on the result of the performance test, after making a set of the indicators of the building performance standard and applied them to the targeted building.

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