• Title/Summary/Keyword: Cost Prediction

Search Result 1,038, Processing Time 0.025 seconds

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
    • /
    • 2010.05a
    • /
    • pp.143-147
    • /
    • 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.

  • PDF

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
    • /
    • 2006.11a
    • /
    • pp.638-641
    • /
    • 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.

  • PDF

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
    • /
    • v.28 no.1
    • /
    • pp.65-75
    • /
    • 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.

Establishment of WBS·CBS-based Construction Information Classification System for Efficient Construction Cost Analysis and Prediction of High-tech Facilities (하이테크 공장의 효율적 건설 사업비 분석 및 예측을 위한 WBS·CBS 기반 건설정보 분류체계 구축)

  • Choi, Seong Hoon;Kim, Jinchul;Kwon, Soonwook
    • The Journal of the Korea Contents Association
    • /
    • v.21 no.8
    • /
    • pp.356-366
    • /
    • 2021
  • The high-tech industry, a leader in the national economy, has a larger investment cost compared to general buildings, a shorter construction period, and requires continuous investment. Therefore, accurate construction cost prediction and quick decision-making are important factors for efficient cost and process management. Overseas, the construction information classification system has been standardized since 1980 and has been continuously developed, improving construction productivity by systematically collecting and utilizing project life cycle information. At domestic construction sites, attempts have been made to standardize the classification system of construction information, but it is difficult to achieve continuous standardization and systematization due to the absence of a standardization body and differences in cost and process management methods for each construction company. Particular, in the case of the high-tech industry, the standardization and systematization level of the construction information classification system for high-tech facility construction is very low due to problems such as large scale, numerous types of work, complex construction and security. Therefore, the purpose of this study is to construct a construction information classification system suitable for high-tech facility construction through collection, classification, and analysis of related project data constructed in Korea. Based on the WBS (Work Breakdown Structure) and CBS (Cost Breakdown Structure) classified and analyzed through this study, a code system through hierarchical classification was proposed, and the cost model of buildings by linking WBS and CBS was three-dimensionalized and the utilized method was presented. Through this, an information classification system based on inter-relationships can be developed beyond the one-way tree structure, which is a general construction information classification system, and effects such as shortening of construction period and cost reduction will be maximized.

Evaluation on the Creep Life Prediction Using Initial Strain Method (초기 연신율법을 이용한 크리프 수명예측 평가)

  • Kong, Yu-Sik;Lim, Man-Bae;Lee, Sang-Pill;Yoon, Han-Ki;Oh, Sae-Kyoo
    • Transactions of the Korean Society of Mechanical Engineers A
    • /
    • v.26 no.6
    • /
    • pp.1069-1076
    • /
    • 2002
  • The high temperature creep behavior of heat machine systems such as aircraft engines, boilers and turbines in power plants and nuclear reactor components have been considered as an important and needful fact. There are considerable research results available for the design of high temperature tube materials in power plants. However, few studies on the Initial Strain Method (ISM) capable of securing repair, maintenance, cost loss and life loss have been made. In this method, 3 long time prediction Of high temperature creep characteristics can be dramatically induced through a short time experiment. The purpose of present study is to investigate the high temperature creep lift of Udimet 720, SCM 440-STD61 and 1Cr-0.5Mo steel using the ISM. The creep test was performed at 40$0^{\circ}C$ to $700^{\circ}C$ under a pure loading. In the prediction of creep life for each materials, the equation of ISM was superior of Larson-Miller Parameter(LMP). Especially, the long time prediction of creep life was identified to improve the reliability.

Intelligent Traffic Prediction by Multi-sensor Fusion using Multi-threaded Machine Learning

  • Aung, Swe Sw;Nagayama, Itaru;Tamaki, Shiro
    • IEIE Transactions on Smart Processing and Computing
    • /
    • v.5 no.6
    • /
    • pp.430-439
    • /
    • 2016
  • Estimation and analysis of traffic jams plays a vital role in an intelligent transportation system and advances safety in the transportation system as well as mobility and optimization of environmental impact. For these reasons, many researchers currently mainly focus on the brilliant machine learning-based prediction approaches for traffic prediction systems. This paper primarily addresses the analysis and comparison of prediction accuracy between two machine learning algorithms: Naïve Bayes and K-Nearest Neighbor (K-NN). Based on the fact that optimized estimation accuracy of these methods mainly depends on a large amount of recounted data and that they require much time to compute the same function heuristically for each action, we propose an approach that applies multi-threading to these heuristic methods. It is obvious that the greater the amount of historical data, the more processing time is necessary. For a real-time system, operational response time is vital, and the proposed system also focuses on the time complexity cost as well as computational complexity. It is experimentally confirmed that K-NN does much better than Naïve Bayes, not only in prediction accuracy but also in processing time. Multi-threading-based K-NN could compute four times faster than classical K-NN, whereas multi-threading-based Naïve Bayes could process only twice as fast as classical Bayes.

A FAST INTRA PREDICTION MODE SELECTION METHOD IN H.264/AVC SCALABLE VIDEO CODING

  • Park, Sung-Jae;Lee, Yeo-Song;Sohn, Chae-Bong;Jeong, S.Y.;Chung, Kwang-Sue;Park, Ho-Chong;Ahn, Chang-Bum;Oh, Seoung-Jun
    • Proceedings of the Korean Society of Broadcast Engineers Conference
    • /
    • 2009.01a
    • /
    • pp.170-173
    • /
    • 2009
  • In this paper, we propose a fast intra prediction mode selection method in Scalable Video Coding(SVC) which is an emerging video coding standard as an extension of H.264/Advanced Video Coding(H.264/AVC). The proposed method decides a candidate intra prediction mode based on the characteristic of macroblock smoothness. Statistical analysis is applied to computing that smoothness in spatial enhancement layer. We also propose an early termination scheme for Intra_BL mode decision where the RD cost value of Intra_BL is utilized. Compared with JSVM software, our scheme can reduce about 55% of the computation complexity of intra prediction on average, while the performance degradation is negligible; For low QP values, the average PSNR loss is very negligible, equivalently the bit rate increases by 0.01%. For high QP values, the average PSNR loss is less than 0.01dB, which equals to 0.25% increase in bitrate on average.

  • PDF

Genome Scale Protein Secondary Structure Prediction Using a Data Distribution on a Grid Computing

  • Cho, Min-Kyu;Lee, Soojin;Jung, Jin-Won;Kim, Jai-Hoon;Lee, Weontae
    • Proceedings of the Korean Biophysical Society Conference
    • /
    • 2003.06a
    • /
    • pp.65-65
    • /
    • 2003
  • After many genome projects, algorithms and software to process explosively growing biological information have been developed. To process huge amount of biological information, high performance computing equipments are essential. If we use the remote resources such as computing power, storages etc., through a Grid to share the resources in the Internet environment, we will be able to obtain great efficiency to process data at a low cost. Here we present the performance improvement of the protein secondary structure prediction (PSIPred) by using the Grid platform, distributing protein sequence data on the Grid where each computer node analyzes its own part of protein sequence data to speed up the structure prediction. On the Grid, genome scale secondary structure prediction for Mycoplasma genitalium, Escherichia coli, Helicobacter pylori, Saccharomyces cerevisiae and Caenorhabditis slogans were performed and analyzed by a statistical way to show the protein structural deviation and comparison between the genomes. Experimental results show that the Grid is a viable platform to speed up the protein structure prediction and from the predicted structures.

  • PDF

Evaluation of Hydraulic Conductivity Function in Unsaturated Soils using an Inverse Analysis (역해석기법을 이용한 불포화토 투수계수함수 산정에 관한 연구)

  • Lee, Joonyong;Han, Jin-Tae
    • Journal of The Korean Society of Agricultural Engineers
    • /
    • v.55 no.4
    • /
    • pp.1-11
    • /
    • 2013
  • Unsaturated hydraulic conductivity function is one of key parameters to solve the flow phenomena in problems of landslide. Prediction models for hydraulic conductivity function related to soil-water retention curve equations in many geotechnical applications have been still used instead of direct measurement of the hydraulic conductivity function since prediction models from soil-water retention curve equations are attractive for their fast and easy use and low cost. However, many researchers found that prediction models for the hydraulic conductivity function can not predict the hydraulic conductivity exactly in comparison with experimental outputs. This research introduced an inverse analysis to evaluate the hydraulic conductivity function corresponding to experimental output from the flow pump system. Optimisation process was carried out to obtain the hydraulic conductivity function. This research showed that the inverse analysis with flow pump system was suitable to assess the hydraulic conductivity in unsaturated soil, and the prediction models for the hydraulic conductivity were led to the significant discrepancy from actual experimental outputs.

Software Fault Prediction at Design Phase

  • Singh, Pradeep;Verma, Shrish;Vyas, O.P.
    • Journal of Electrical Engineering and Technology
    • /
    • v.9 no.5
    • /
    • pp.1739-1745
    • /
    • 2014
  • Prediction of fault-prone modules continues to attract researcher's interest due to its significant impact on software development cost. The most important goal of such techniques is to correctly identify the modules where faults are most likely to present in early phases of software development lifecycle. Various software metrics related to modules level fault data have been successfully used for prediction of fault-prone modules. Goal of this research is to predict the faulty modules at design phase using design metrics of modules and faults related to modules. We have analyzed the effect of pre-processing and different machine learning schemes on eleven projects from NASA Metrics Data Program which offers design metrics and its related faults. Using seven machine learning and four preprocessing techniques we confirmed that models built from design metrics are surprisingly good at fault proneness prediction. The result shows that we should choose Naïve Bayes or Voting feature intervals with discretization for different data sets as they outperformed out of 28 schemes. Naive Bayes and Voting feature intervals has performed AUC > 0.7 on average of eleven projects. Our proposed framework is effective and can predict an acceptable level of fault at design phases.