• 제목/요약/키워드: Cost Normalization

검색결과 40건 처리시간 0.022초

Cost Normalization Procedure for Phase-Based Performance Measurement

  • Choi, Jiyong;Yun, Sungmin;Oliveira, Daniel;Mulva, Stephen;Kang, Youngcheol
    • 국제학술발표논문집
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    • The 6th International Conference on Construction Engineering and Project Management
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    • pp.72-76
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    • 2015
  • Capital project benchmarking requires an effective cost normalization process to compare cost performance of projects accomplished in different time and location. Existing cost normalization approaches have been established based on the assumption that all required information for cost normalization is fully identified once a project is completed. Cost normalization, however, is sometimes required to evaluate phase-level outcomes of an ongoing project where the required information is not fully available. This paper aims to provide a cost normalization procedure for phase-based performance assessment. The procedure consists of three normalization steps: currency conversion, location adjustment, and time adjustment considering various scenarios where the required information is not fully identified. This paper also presents how the cost normalization procedure has been applied to the 10-10 Performance Assessment Program, which is a phase-based performance assessment system developed by the Construction Industry Institute (CII). Both researchers and industrial professionals can apply the cost normalization procedure to studies and practices regarding to cost estimation, feasibility analysis, and performance assessment.

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Cost Normalization Framework for a Benchmarking System: A Case for Downstream and Chemical Construction Projects

  • Yin, Zhe;DeGezelle, Deborah;Pappas, Mike;Caldas, Carlos
    • 국제학술발표논문집
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    • The 9th International Conference on Construction Engineering and Project Management
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    • pp.590-598
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    • 2022
  • Benchmarking is an important tool to assess the performance of capital projects in the construction industry. Incorporating cost-related metrics into a benchmarking system requires an effective cost normalization process to enable meaningful comparisons among projects that were executed at different locations and times. Projects in the downstream and chemicals sector have unique characteristics compared to other types of construction projects, they require a distinctive cost normalization framework to be developed to benchmark their absolute cost performance. The purpose of this study is to develop such a framework to be used for the case of benchmarking the downstream and chemical projects for their performance assessment. The research team started with a review of existing cost normalization methodologies adopted in benchmarking systems and conducted 7 interviews to identify the current cost normalization practices used by industrial professionals. A panel of 12 experts was then convened and it held 6 review sessions to accomplish the framework development. The cost normalization framework for benchmarking downstream and chemical projects was established as a three-step procedure and it adopts a 4-element cost breakdown structure to accommodate projects submitted by both owners and contractors. It also incorporated 5 published cost indexes that are compatible with downstream and chemical projects and they were embedded into 2 options to complete the normalization process. The framework was then pilot-tested on 4 completed projects to validate its functional practicality and the downstream and chemical use case in the benchmarking system.

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품질과 비용의 득실관계를 고려한 품질기능전개 모형 (A Model of Quality Function Deployment with Cost-Quality Tradeoffs)

  • 우태희;박재현
    • 대한안전경영과학회:학술대회논문집
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    • 대한안전경영과학회 2002년도 춘계학술대회
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    • pp.227-230
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    • 2002
  • This paper presents an analytic method of quality function deployment(QFD) that is to maximize customer satisfaction subject to technical and economic sides in process design. We have used Wasserman's normalization method and the analytical hierarchy process(AHP) to determine the intensity of the relationship between customer requirements and process design attributes. This paper also shows cost-quality model the tradeoff between quality and cost as a linear programming(LP) with new constraints that have designated special process required allocating firstly The cost-quality function deployment of piston ring is presented to illustrate the feasibility of such techniques.

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품질과 비용의 득실관계를 고려한 품질기능전개 모형 (A Model of Quality Function Deployment with Cost-Quality Tradeoffs)

  • 우태희;박재현
    • 대한안전경영과학회지
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    • 제4권2호
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    • pp.169-178
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    • 2002
  • This paper presents an analytic method of quality function deployment(QFD) that is to maximize customer satisfaction subject to technical and economic sides in process design. We have used Wasserman's normalization method and the analytical hierarchy process(AHP) to determine the intensity of the relationship between customer requirements and process design attributes. This paper also shows cost-quality model the tradeoff between quality and cost as a linear programming(LP) with new constraints that have designated special process required allocating firstly. The cost-quality function deployment of piston ring is presented to illustrate the feasibility of such techniques.

정규화 기법 기반의 설계VE 기능 및 비용 점수 산출 모델 (Calculation Model for Function & Cost Score based on Normalization Method in Design VE)

  • 이종식
    • 한국건설관리학회논문집
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    • 제16권4호
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    • pp.98-106
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    • 2015
  • VE는 공공건설사업의 예산절감과 기능향상, 구조적 안전, 품질 확보를 목적으로 하고 있다. 그러나 관련 내용이 설계의 경제성 검토 위주로 구성되어 있어 구조적 안전과 품질확보를 위한 검토가 미흡해 질 가능성이 문제점으로 지적되고 있고, VE를 단순한 원가절감방법으로 생각하는 인식으로 인해 VE 수행 시 비용절감에 치중된 대안이 제시되어 왔다. 이에 대한 개선방안으로 정부에서는 생애주기비용절감 가치향상 제안서를 도입하고 원안과 대안의 비용 점수와 기능 점수, 가치 변화를 명시하도록 하였다. 그러나 구체적인 방법과 기준이 제시되어 있지 않아 이론적 근거보다는 실무적 편의 위주의 방법이 사용되고 있다. 현행 방법은 원안과 대안의 비(比)를 이용하기 때문에 간단하고 사용이 편리하다. 하지만 현행 방법을 이용하여 평가 값을 점수화 하면 설계안 속성에 따라 다양한 값이 산출되어 광범위한 점수 분포를 나타낸다. 따라서 많은 양의 VE 안을 평가하여 수정 설계를 위한 최적 안을 선택하는 의사결정과정에서 평가자에게 혼란을 줄 수 있다. 이는 합리적인 의사결정을 저해하는 요소로서, VE대안의 비용과 성능 속성 정보를 이용하여 산출한 가치 점수의 신뢰성 및 객관성 검증의 어려움으로 이어진다. 본 연구는 VE 안 평가 시 의사결정의 효율성 제고를 위하여 기능 점수와 비용 점수 산출 절차와 방법을 고찰하여 문제점을 제시하고, 개선 방안으로서, 정규화 기반의 기능 및 비용 점수 산출 모델을 제시하였다.

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

  • 지성민;조재경;현창택
    • 한국건축시공학회:학술대회논문집
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    • 한국건축시공학회 2009년도 추계 학술논문 발표대회
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    • pp.253-256
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    • 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.

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역기전력 정규화에 의한 PMSM의 센서리스 제어 (PMSM sensorless control by back emf normalization)

  • 이정준;박성준;김철우
    • 전력전자학회:학술대회논문집
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    • 전력전자학회 2002년도 전력전자학술대회 논문집
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    • pp.300-303
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    • 2002
  • With increase of servo motor In industrial and home application, a number of papers related to PMSM control have been researched. Among them, sensorless control schemes are especially concerned in the view point of its cost reduction. In the conventional approach, a rotor position is generally estimated by the integration of estimated rotor speed. In this method, because of their tight relationship between the amplitude of back-emf and rotor position. it is somewhat difficult to find two parameters at the same time. To solve this problem, a novel sensorless control scheme is proposed. It utilizes a back-emf normalization, so it does not requires the variables related with the amplitude of back-emf. The validity of the proposed control scheme was verified through experimental results.

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

  • 이명훈;함남혁;김주형;김재준
    • 한국디지털건축인테리어학회논문집
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    • 제10권3호
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    • pp.11-18
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    • 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.

관계형 데이터베이스에서 저장용량에 제약이 없는 경우 비 정규화를 고려한 데이터베이스 설계 (A Database Design without Storage Constraint Considering Denormalization in Relational Database)

  • 장영관;강맹규
    • 산업경영시스템학회지
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    • 제19권37호
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    • pp.251-261
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    • 1996
  • Databases are critical to business information systems and RDBMS is most widely used for the database system. Normalization was designed to control various anomalies(insert, update, and delete anomalies). However normalized database design does not account for the tradeoffs necessary for the performance reason. In this research, we model a database design problem without storage constraint. Given a normalized database design, in this model, we do the denormalization of duplicating columns in order in reduce frequent join processes. In this paper, we consider insert, update, delete, and storage cost, and the anomalies are treated by additional disk I/O cost necessary for each insert, update transaction. We propose a branch and bound method, and show considerable cost reduction.

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랜덤 심볼에 기반한 정보이론적 학습법의 스텝 사이즈 정규화 (Step-size Normalization of Information Theoretic Learning Methods based on Random Symbols)

  • 김남용
    • 인터넷정보학회논문지
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    • 제21권2호
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    • pp.49-55
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    • 2020
  • 랜덤 심볼열을 기반으로 한 정보이론적 학습법 (ITL)은 특정 확률분포를 갖도록 랜덤하게 발생시킨 심볼열을 타겟 데이터로 활용하고, 입력 데이터 사이의 확률분포 거리 최소화를 비용함수로 하여 설계된다. 이 방식의 단점으로, 고정상수를 알고리듬 갱신의 스텝사이즈로 사용하므로 입력 전력의 통계적 추이를 활용할 수 없다. 정보포텐셜 출력(information potential output, IPO)와 연관된 기울기에서는 정보포텐셜 입력(information potential input, IPI)이, 정보포텐셜 오차(information potential error, IPE)와 관련된 기울기에서는 입력자체가 입력으로 작용함을 이 연구에서 밝혀내고, 입력의 전력 추이를 따로 계산하여 스텝사이즈 (step size)를 정규화하도록 제안하였다. 제안된 알고리듬은 충격성잡음과 다중경로 페이딩 환경의 통신시스템 실험에서 기존 방식보다 약 4dB 정도 더 낮은 정상상태 오차 전력, 약 2배 이상 빠른 수렴속도를 나타냈다.