• Title/Summary/Keyword: Cost breakdown

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Life Cycle Cost Breakdown Structure Development of Buildings through Delphi Analysis

  • Jeong, Jae-Hyuk;Shin, Han-Woo;Ryu, Han-Guk;Kim, Gwang-Hee;Kim, Tae-Hui
    • Journal of the Korea Institute of Building Construction
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    • v.12 no.5
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    • pp.528-538
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    • 2012
  • With domestic construction projects becoming bigger, more specialized and more advanced, the construction industry is striving to improve quality and quantity, and is diversifying functions and shapes. Nevertheless, the process of a construction project causes problems when we estimate construction price, because the cost breakdown structures are different in each step. The primary aim of this study was to estimate building life cycle cost using the Delphi method. The cost breakdown structure for life cycle cost was classified into planning, design, construction, maintenance and waste disposal, and each detailed classification was determined by estimating life cycle cost. Moreover, the developed cost breakdown structure is verified by consulting with experts to secure objectivity and validity.

Cost Breakdown Structure for Reasonable Maintenance of Educational Facilities (교육시설물의 합리적인 유지관리를 위한 비용분류체계)

  • Jeong, Jae-Hyuk;Shin, Han-Woo;Kim, Tae-Hui
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2011.11a
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    • pp.65-67
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    • 2011
  • It is necessary to the development of the best maintenance system for applying the long-term maintenance plan using the cost breakdown structure in the educational facilities. This study developed the cost breakdown structure for the best maintenance system using the delphi method. For the convenience of maintenance, the maintenance cost breakdown structures are separated into building exterior wall, building inside wall, electric installation, heating installation and outdoor facilities. And these results atomized in each parts. And this study constructed the cost breakdown structure to maintenance's practicality and effectiveness through the expert analysis.

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Analysis of Construction Work Breakdown Structure of Maintenance of Educational Facility (학교시설물 유지관리를 위한 공사 분류 체계 분석)

  • Ryu, Hanguk
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2015.05a
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    • pp.251-252
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    • 2015
  • Enough school facility maintenance data should be accumulated in a database or data warehouse in order to supply information about school facility correct maintenance budget plan, budget assignment, and cycle and rate of maintenance or replacement. For those, this research analyze the present school facility maintenance practice and budget and construction cost structure. In order to solve the problems, this study analyze the present practice of maintenance and replacement and obtain LCC(Life cycle cost) data, perform expert interview and then establish construction work breakdown structure of maintenance of educational facility by combining work breakdown structure(WBS) and cost breakdown structure(CBS).

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A Study on the Development of Optimal Alternative Selection Model to Renew Building Equipments System (건축설비시설의 갱신을 위한 최적 대체안 선정모델 개발에 관한 연구)

  • 윤동원;이정재;정광섭;한화택;정순성
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.12 no.10
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    • pp.950-961
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    • 2000
  • The objective of this study is to develop optimal alternative selection model for renewing building equipments system. Cost Breakdown Structure of LCC in HVAC systems are deduced from resonable data and factors. As for Cost Breakdown Structure of LCC in HVAC system, pertinent level, title, CBS number, and block number are determined efficiently. Especially, in addition to current cost factor, it is possible to make Cost Breakdown Structure using present worth method more clear. A model of POWER LCC ver 1.0 used to analyze primary cooling system, heating system, and air conditioning system are POWER LCC ver 1.0_/sub SYSTEM/ : C1+ C2- C3+ C4+ C5+ C6+ C7±C8+ C9- C10/sub -1/+ C10/sub -2/+ C10/sub -3/, and is implemented with consideration of Cost Breakdown Structure and their summation using present-worth method. It is programmed with one of scientific languages, MATLAB 5.3.

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A Study on the Introduction of the Work Breakdown Structure for Infrastructure Asset Management

  • Jeong, Seongyun
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.691-692
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    • 2015
  • Several scholars in South Korea have predicted that maintenance costs of social infrastructure will sharply increase from the mid-2020s, and cause budgetary deficits among facilities management agencies. Interest in infrastructure asset management (IAM) is rising as a solution to such problem. In this study, an information system for asset valuation that reflects the salvage value and deferred cost of social infrastructure based on WBS (work breakdown structure) was developed in consideration of IAM. To reuse the construction cost information such as the acquisition cost, the interconnection between CBS (cost breakdown structure) and WBS was considered. Furthermore, asset valuation information was developed with XML schema to facilitate the exchange and reuse of the information among project participants.

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Development of the Space Cost Breakdown Structure(CBS) for Multi-Family Housing Projects (공공아파트 건설공사의 공간별 공사비분류체계 개발)

  • Hyun, Chang-Taek;Koo, Kyo-Jin;Yeon, Hee-Jung;Moon, Hyun-Seok;Cho, Kyu-Man;Hong, Tae-Hoon
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.6
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    • pp.178-187
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    • 2007
  • As the government has enforced recently the policies on the distribution of the housing, the construction cost of multi-family housing projects has increasingly become very sensitive and political issue. However, it is difficult to predict the construction cost in planning and design phase of the project because the Bill of Quantity of the multi-family housing projects was composed of breakdown structure based on each work package. To predict the construction cost in planning and design phase for multi-family housing projects in more effective and reasonable way, this study developed the cost breakdown structure based on spaces using Delphi method. The Cost Breakdown Structure (CBS) based on spaces for multi-family housing projects basically consists of three parts: (i) Building part; (ii) Non-building part; and (iii) Additional part. The characteristics of spaces in multi-family housing projects are fully taken into consideration. Then these three parts were subdivided into work packages in terms of work tasks. Additionally, the usefulness and effectiveness of Space CBS in this paper were validated by analyzing the BOQs of several collected sample projects and matching with Space CBS afterwards.

A Linkage Method for the Life Cycle Cost Breakdown Structure through an Analysis of Boundary Conditions (경계조건 분석을 통한 LCCBS 연계방안)

  • Jeong, Jae-Hyuk;Kim, Tae-Hui
    • Journal of the Korea Institute of Building Construction
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    • v.13 no.4
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    • pp.321-332
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    • 2013
  • Costs and expenses are intertwined and incurred throughout an entire construction project, even from the pre-construction phase, and each phase has a different impact on the life cycle cost (LCC). However, the cost breakdown structure (CBS) is different in each phase of a building construction project, which makes it hard to reasonably calculate construction cost. For this reason, the boundary conditions were analyzed in this study based on the life cycle cost break structure (LCCBS). In addition, breakdown factors were analyzed based on the boundary conditions to derive a linkage method. The validity of the linkage method was verified through application to actual construction projects. Through the analysis, it was found that the problem of items being left out was reduced by more than 97.2 percent, and the work was done an average of 6 hours faster compared to the conventional method. It is expected that by applying the new LCC system, LCC will be both reduced and calculated in a more efficient manner.

A Development of Unified and Consistent BIM Database for Integrated Use of BIM-based Quantities, Process, and Construction Costs in Civil Engineering

  • Lee, Jae-Hong;Lee, Sung-Woo;Kim, Tae-Young
    • Journal of the Korea Society of Computer and Information
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    • v.24 no.2
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    • pp.127-137
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    • 2019
  • In this study, we have developed a calculation system for BIM-based quantities, 4D process, and 5D construction costs, by integrating object shape attributes and the standard classification system which consist of Cost Breakdown System(CBS), Object Breakdown System(OBS) and Work Breakdown System(WBS) in order to use for the 4 dimensional process control of roads and rivers. First, a new BIM library database connected with the BIM library shape objects was built according to the CBS/OBS/WBS standard classification system of the civil engineering field, and a integrated database system of BIM-based quantities, process(4D), and construction costs(5D) for roads and rivers was constructed. Nextly, the process classification system and the cost classification system were automatically disassembled to the BIM objects consisting of the Revit-family style elements. Finally, we added functions for automatically generating four dimensional activities and generating a automatic cost statement according to the combination of WBS and CBS classification system The ultimate goal of this study was to extend the integrated quantities, process(4D), and construction costs(5D) system for new roads and rivers, enabling the integrated use of process(4D) and construction costs(5D) in the design and construction stage, based on the tasks described above.

A STUDY ON THE LIFE CYCLE COST ANALYSIS IN LIGHT RAIL TRANSIT BRIDGES: FOCUSED ON SUPERSTRUCTURE

  • Lee Du-heon;Kim Kyoon-tai;Kim Hyun Bae;Jun Jin-taek;Han Choong-hee
    • International conference on construction engineering and project management
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    • 2007.03a
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    • pp.30-40
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    • 2007
  • The demand for light-rail construction projects has recently been increasing, and they are mostly supervised by private construction companies. Therefore, a private construction company that aim to raise gains from the operation of the facilities during the contract period greater than what they invested should b able to accurately calculate the costs from the aspect of Life Cycle Cost (LCC). In particular, a light-rail transit bridge that has a heavier portion from the aspect of the cost of light-rail transit construction requires a more accurate calculation method than the conventional LCC calculation method. For this, an LCC analysis model was developed and a cost breakdown structure was suggested based on literature review. The construction costs by shape of the upper part of a light-rail transit were calculated based on the cost breakdown system presented in this paper, and the cost generation cycle and cost unit price were collected and analyzed based on records on maintenance costs, rehabilitation and replacement. In addition, after forming some hypotheses in order to perform the LCC analysis, economic evaluation was conducted from the aspect of the LCC by using performance data by item.

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An Analysis on Cost Factor Reduction of Life Cycle for High Speed Train(KTX-1) Based on the Maintenance Information (유지보수정보를 활용한 고속철도차량(KTX-1) 수명주기비용 요소절감 분석)

  • Kim, Jae-Moon;Kim, Yang-Su;Chang, Chin-Young;Lee, Jong-Sung
    • Proceedings of the KIEE Conference
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    • 2011.07a
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    • pp.2169-2170
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    • 2011
  • This paper presents about the analysis on cost factor reduction using the life cycle cost model for motor block in the KTX-1. Until now, most life cycle cost of the system as a whole that has been studied. but in case of railway industry part, LCC studies are needed on the subsystem like a propulsion control system because subsystems are developed continuously localization. Therefore, In this paper presents cost breakdown structure for life cycle cost (LCC) estimation for localization development of propulsion control system (Motor Block) in high speed railway vehicle (KTX-1). Also to analysis LCC on motor block, it was analyzed physical breakdown structure (PBS) and preventive cost on propulsion control system in view of maintenance cost. Based on this, we describe life cycle cost on motor block of KTX-1.

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