• Title/Summary/Keyword: Cost Modeling

Search Result 1,428, Processing Time 0.031 seconds

A Study of cost data modeling for Megaproject (메가프로젝트 원가 자료 분석에 관한 연구)

  • Ji, Seong-Min;Cho, Jae-Kyung;Hyun, Chang-Taek
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2009.11a
    • /
    • pp.253-256
    • /
    • 2009
  • To the success of the megaproject including various and complex facilities, it is needed to establish a database system. Developments in data collection, storage and extracting technology have enabled iPMIS to manage various and complex information about cost and time. Especially, when we consider that both the go and no go decision in feasibility, Cost is an important and clear criteria in megaproject. Thus, Cost data modeling is the basis of the system and is necessary process. This research is focus on the structure and definition about CBS data which is collected from sites. We used four tools which are Function Analysis in VE, Casual loop Diagram in System Dynamics, Decision Tree in Data-mining, and Normalization in SQL to identify its cause and effect relationship on CBS data. Cost data modeling provide iPMIS with helpful guideline.

  • PDF

Relationship Between Yield and Cost Considering Repair and Rework for LCD Manufacturing System (LCD생산시스템에서 Repair와 Rework을 고려한 수율과 원가 분석 모델)

  • Ha, Chunghun
    • Journal of Korean Institute of Industrial Engineers
    • /
    • v.33 no.3
    • /
    • pp.364-372
    • /
    • 2007
  • The cost modeling of the LCD manufacturing system with the repair and the rework process is hard to achieve because of it's complex manufacturing process. The technical cost modeling divides each process separately and hierarchically, so it is very useful to calculate the total manufacturing cost of the complex manufacturing system. We applied the method to the complex LCD manufacturing system to obtain more accurate cost model. Yields are the most important control parameters in manufacturing. In this paper, we propose a yield based cost model for the LCD manufacturing system and reveal the relationship between manufacturing yield and cost. Through the model, we can estimate the manufacturing cost on the basis of yields that are control indicators of manufacturing. Some simulations are performed to observe the effects of the yield to the cost, and the results are coincide with the real situation. With the proposed model, we expect to develop some optimization problems for enlarging productivity in the LCD industry.

A Study on 3D Data Model Development by Normalizing and Method of its Effective Use - Focused on Building Interior Construction - (정규화를 통한 3차원 데이터 모델 구축 및 활용성 향상 방안 연구 -건축 마감 공사 중심으로 -)

  • Lee, Myoung-Hoon;Ham, Nam-Hyuk;Kim, Ju-Hyung;Kim, Jae-Jun
    • Journal of The Korean Digital Architecture Interior Association
    • /
    • v.10 no.3
    • /
    • pp.11-18
    • /
    • 2010
  • Cost estimation through fast and correct quantity take offs are crucial in the process of construction project. The existing methods for cost estimation are mainly based on 2D-based drawings and the estimation result tends to be different according to the estimator's experience, the quality and quantity of used information and estimation time. To solve these problems, the domestic construction industry have recently tried to use the data extracted from 3D data modeling based on BIM(Building Information Modeling) in order to achieve more accurate and objective cost estimation. However it tends to increase dramatically the quantity of information that can be used in cost estimation by estimators. Therefore in order to achieve quality information data from 3D data modeling, the characteristics of the project should be reflected on the 3D model and it is most important to extract information only for cost estimation from the whole 3D model fast and accurately. Thus this study aims to propose the 3D modeling method through Data Normalization which maximizes the usability of 3D Data modeling in cost estimation process.

A Proposal of BIL for Reasonable Cost Estimation of Mechanical Contracts and Construction in Design Phases (설계단계에서 적정 기계설비 공사비 산정을 위한 BIM 정보표현수준(BIL) 개선안)

  • Park, Bo Sung;Kim, Sean Hay
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
    • /
    • v.29 no.12
    • /
    • pp.663-672
    • /
    • 2017
  • Building information modeling (BIM) technology based on 3D modeling has been applied to the entire domestic construction industry since 2010. It can calculate quantity take-off considering construction productivity at design phase. Based on this, it is possible to improve the reliability of construction cost prediction of design phase in the process of cost estimation. However, Building Information Level (BIL) defined by Ministry of Land, Infrastructure and Transport and Public Procurement Service does not seem to offer doable environment due to the lack of detailed application items. By calculating construction cost that meets Construction Cost Estimate Accuracy by American Association of Cost Engineers (AACE) through quantity take-off and cost estimation based on 3D modeling of BIM technology, a BIL improvement proposal at design phase for Mechanical Contracts and Construction is provided here. Results showed that properties including outline and minimum specification of the main equipment, internal main piping, and internal main duct should be defined from the intermediate design phase to have reliable cost estimation.

Wave Modeling for Low-cost Wave Monitoring System (저가형 해파 모니터링 시스템을 위한 파형 모델링)

  • Lee, Jung-Hyun;Lee, Dong-Wook;Heo, Moon-Beom
    • The Transactions of The Korean Institute of Electrical Engineers
    • /
    • v.63 no.3
    • /
    • pp.383-388
    • /
    • 2014
  • This paper describes a wave modeling method using low-cost sensors. Wave modeling is applied to the wave monitoring system for accurate measurement of ocean wave parameters. The observation of ocean wave parameters is necessary to improve the accuracy of forecast of ocean wave condition. However, the ocean wave parameters measured by a low-cost wave monitoring system suffer from several errors. Therefore we introduce a wave modeling method to compensate the ocean wave parameters corrupted by errors. The proposed method is analyzed using experiments within controlled environment. It is verified that the accuracy of low-cost wave monitoring system can be increased by the proposed method.

A Study on the Development of the Property Information Modeling Methods for the Trades without Shape Information (형상정보가 없는 공종의 속성정보모델링 기법 개발에 관한 연구)

  • Lee, Min-Cheol;Lee, Sang-Jin;Ock, Jong-Ho
    • Korean Journal of Computational Design and Engineering
    • /
    • v.16 no.2
    • /
    • pp.114-125
    • /
    • 2011
  • Construction industries worldwide have moved to Building Information Modeling environment in conjunction with IT technology progress. Korean domestic construction market is in the midst of enthusiastically adopting BIM technique and the public sectors try to apply the method to their projects. Difficulties have been introduced, however, in doing so mainly due to the complexity in reflecting the distinctions of the public cost estimate requirements to BIM modeling. The main objective of this study is to propose four kinds of BIM property information modeling methodologies which would be used in the quantity surveys of the public construction projects. To evaluate the applicability of the suggested modeling methods, the research performed a case study.

Development of Construction Cost Analysis Process Based on Structural Building Information Modeling (구조BIM기반 공사비 상세분석 프로세스 구축)

  • Lee, Seung-Il
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2012.11a
    • /
    • pp.237-238
    • /
    • 2012
  • As a way to improve productivity and integrated project delivery in construction industry, BIM(building Information Modeling) using IT technique is being studied and applied recently. S-BIM application Process was established that enable efficient work through Structural BIM detailed Model in consideration of the collaboration among relevant fields. This study has the objective applying S-BIM technique to enable effective Cost Analysis in initial design phase and presenting the method for practical works using Construction Cost Analysis Process based on S-BIM.

  • PDF

How Much Discrepancy Can Happen from BIM-based Quantity Take?

  • Kim, Seong-Ah;Chin, Sangyoon
    • International conference on construction engineering and project management
    • /
    • 2015.10a
    • /
    • pp.263-267
    • /
    • 2015
  • Stakeholders of a construction project expect cost savings through fast and accurate cost analysis by performing BIM-based quantity take-off (BQT). However, authors have observed that there can be discrepancies in the results of BQT depending on the level of development (LOD) and modeling methods. In addition, since quantity take-off methods are different depending on the construction work items, the combination of LOD, modeling methods of BIM, features of construction work items can cause serious overestimate or underestimate in BQT results. It is necessary to identify what kind of problems can happen and how those problems can be avoided in various construction work items, since the discrepancy of quantity take-off results has great impact on not only cost analysis but also the determination of contract amount and it can cause claims, poor construction quality, cost overruns, and many others later in the construction project. Therefore, this paper focuses the identification of issues and problems of BQT at each construction work item level based on two categorizations of structural works and interior works.

  • PDF

Apartment house project cost schedule for integrated management BIM-based BoQ application plan (공동주택 프로젝트 비용일정통합 관리를 위한 BIM 기반 BoQ 구축 및 활용 방안)

  • Zheng, Lianyi;Kim, Woong-Gi;Ham, Nam-Hyuk;Kim, Jae-Jun
    • Journal of KIBIM
    • /
    • v.11 no.2
    • /
    • pp.1-16
    • /
    • 2021
  • Since entering the 21st century, the construction industry has developed faster and faster, and more and more technologies have been applied in the construction industry. BIM technology (Building Information Modeling) was born in this environment. The application of BIM technology can greatly improve the efficiency of cost management and help achieve the goal of cost management. But through BIM to realize project cost management, there is still no good solution. In order to solve this problem, this paper puts forward the concept of WBS structure applied to construction projects by studying the BoQ (Bill of Quantities) list based on BIM, and proposes the numbering method of the structure. The WBS (Work Breakdown Structure) structure proposed in this paper divides more than 5000 cost objects into 133 projects according to the type of work and project schedule. This structure helps to realize the application of BIM in project cost management. Although this article has studied more than 5000 data of three projects, it does not think that it can cover all cost objects in the existing construction industry. The purpose of this article is to propose a solution for cost and Process Control using BIM-based BoQ data.

Cost Management System for Mechanical, Electrical, and Plumbing(MEP) Coordination Using Building Information Modeling(BIM) - A Case Study (BIM 기반 MEP 설계 조율 프로세스 분석을 통한 비용 관리 시스템 개발 사례 연구)

  • Won, Jongsung;Ham, Sungil;Jang, Sejun
    • Journal of the Korea Institute of Building Construction
    • /
    • v.22 no.2
    • /
    • pp.195-205
    • /
    • 2022
  • This paper aims to propose a cost-based mechanical, electrical, and plumbing(MEP) coordination process using building information modeling(BIM). The proposed process can help project participants eliminate identified clashes between the MEP elements, analyze trends relating to MEP costs during the coordination process, and share their findings. MEP quantity-related information extracted through BIM was integrated with the cost database and schedule information. To check the applicability of the proposed process, it was applied to a construction project in South Korea. Through the application of the proposed process, MEP-related cost was reduced.