• International conference on construction engineering and project management
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• 2011.02a
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• pp.176-181
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• 2011

A role of cost modeler is that of facilitating design process by the systematic application of cost factors so as to maintain sensible and economic relationships between cost, quantity, utility and appearance. These relationships help to achieve the client's requirements within an agreed budget. The purpose of this study is to develop a parametric cost estimating model for the early design stage by using the multi-dimensional system of OLAP (On-line Analytical Processing) based on the case of quantity data related to architectural design features. The parametric cost estimating models have been adopted to support decision making in the early design stage. These models typically use a similar instance or a pattern of historical case. In order to effectively use this type of data model, it is required to set data classification and prediction methods. One of the methods is to find the similar class in line with attribute selection measure in the multi-dimensional data model. Therefore, this research is to analyze the relevance attribute influenced by architectural design features with the subject of case-based quantity data used for the parametric cost estimating model. The relevance attributes can be analyzed by Analytical Characterization. It helps determine what attributes to be included in the OLAP multi-dimension.

• Proceedings of the Korean Geotechical Society Conference
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• 2001.10a
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• pp.65-94
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• 2001

The use of PBD(prefabricated band drain)far ground improvement is rapidly increased due to the merit of construction period and cost, environmental preservation compared with other vertical drain method, and the development of material. This paper presents the historical review, theoretical background, design procedure and method, and typical construction example for the PBD. Also, the direction of further technical development and study is recommended.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2004.11a
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• pp.588-591
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• 2004

Recently as people's values are changing from development into quality of life, the needs of environmentally friendly construction are gradually increasing, also popular discontent about the construction pollution such as the noise and vibration cause by construction machinery is increasing. Even though it is impossible to eliminate construction pollution fully, it is necessary to make efforts to reduce construction pollution to a minimum. The first step solving these matters is that the necessary sum of expense must be secured as the environmental budgeting method regarding Environmental management costs. To provide an efficient budgeting method, a interview with the person in charge of environment management was conducted. and the environmental management costs were analyzed through the historical data.

• Korean Journal of Construction Engineering and Management
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• v.14 no.3
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• pp.42-52
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• 2013

The aim of this study is to present a prediction model of construction cost for a bridge that has a high reliability using historical data from the planning phase based on a CBR (Case-Based Reasoning) method in order to overcome limitations of existing construction cost prediction methods, which is linearly estimated. To do this, a reasoning model of bridge construction cost by a spreadsheet template was suggested using complexly both CBR and GA (Genetic Algorithm). Besides, this study performed a case study to verify the suggested cost reasoning model for bridge construction projects. Measuring efficiency for a result of the case study was 8.69% on average. Since accuracy of the suggested prediction cost is relatively high compared to the other analysis methods for a prediction of construction cost, reliability of the suggested model was secured. In the case that information for detailed specifications of each bridge type in an initial design phase is difficult to be collected, the suggested model is able to predict the bridge construction cost within the minimized measuring efficiency with only the representative specifications for bridges as an improved correction method. Therefore, it is expected that the model will be used to estimate a reasonable construction cost for a bridge project.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2007.11a
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• pp.499-502
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• 2007

The government abolished the existing method to calculate the construction price by the quantity take-off and pricing. It has introduced a new estimating system which uses the actual cost data on the basis of actual contract unit price. However, in the case of the current method to calculate the estimate price of BTL educational facilities, it is difficult to prepare an accurate ground for calculating unit prices due to a lack of standardized work breakdown structure (WBS) and guidelines for the detailed bidding documents. Thus, this research aims to establish WBS using the actual construction price on the basis of the actual bidding documents for the previous construction of BTL educational facilities. This specific WBS can be differentiated from the general WBS which is not suited for construction of the educational facility. It makes possible to build the construction information classification system and it helps to systemize the maintenance and repair cost items.

• Korean Journal of Construction Engineering and Management
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• v.22 no.3
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• pp.12-20
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• 2021

In order to secure construction quality and safety and prevent cost disputes, the importance of calculating 'the appropriate construction period' has recently emerged. It is necessary to analyze a considerable amount of historical data to establish the standard for calculating the construction period. However, many experts are raising questions about the use of past data due to changes in the construction business environment, such as shortening working hours, reinforcing quality regulations, and changing climate conditions. In addition, the possibility of errors increases when calculating a uniform construction period using historical statistics because the work order and productivity are very diverse according to construction conditions. Therefore, through this study, a new solution to change from the method of analyzing past data to the method of reviewing current production data through an active 'transformation of thoughts' was proposed through this study. In other words, the process of reviewing and calculating 'the appropriate construction period' was institutionalized by introducing 'process management experts' and 'construction experts by type of construction' in the design stage.

• Korean Journal of Construction Engineering and Management
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• v.23 no.3
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• pp.13-24
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• 2022

Construction projects are exposed to various types of risks, which tend to increase. The increasing risks call for contractors' more attentions to forecasting and dealing with these risks. One of the measures to deal with contractors' risks is to forecast or estimate risk cost and include it in the construction budget. Although various researches in relation to risk cost have been observed, little attention has been paid to general contractors' perceptions and current practices in estimating risk cost of construction budget. The objective of the study is to identify and discuss key characteristics and implications based on the survey and analysis of general contractors' perceptions and current practices in estimating risk cost of construction budget. The study shows that there is a gap between the perception and the practice of estimating risk cost, that is, high perception of the importance of risk cost and a relatively low level of practice. It suggests that historical cost data, guidelines and corporate-level standard procedures are required to improve the current practice in addition to sufficient time allocations for risk cost estimating. It discusses that there is a need for using sophisticated estimating techniques including bid data analytics despite a low level of the current adoption, and also proposes that research and development in the field of the sophisticated estimating techniques should be further implemented in order to increase their practicality.

• Korean Journal of Construction Engineering and Management
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• v.12 no.1
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• pp.53-61
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• 2011

For construction projects, the importance of early cost estimates is highly recognized by the project team and sponsoring organization because early cost estimates are frequently a foundation of business decisions as well as a basis for identifying any changes as the project progresses from design to construction. However, it is difficult to accurately estimate construction cost in the early stage of a project due to various uncertainties in construction. To deal with these uncertainties, cost estimates should be made several times over the course of the project. In particular, early cost estimates are essential process for successful project management. For accurate construction cost estimates, it is necessary to compare cost estimates with actual costs based on historical project data. In this context, case-based reasoning (CBR), which is the process of solving new problems based on the solutions of similar past problems, can be considered as an effective method for cost estimating. To obtain this, it is also required to define the attribute similarities and the attribute weights. However, no existing method is capable of determining attribute weights of qualitative variables. Consequently, it has been a well-known barrier of accurate early cost estimates. Using Genetic Algorithms (GA), this research suggests the method of determining the attribute weight of qualitative variables. Based on building project case studies, the proposed methodology was validated.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 1999.10a
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• pp.11-18
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• 1999

Major factors that are considered to determine lease charges of container terminals are, among others, construction cost of berth, discount rate, financing cost, and size of annual equivalent recovery. This paper aims to calculate construction costs at PECT and GCT and their annual equivalent recovery on the basis of historical data, and to identify whether or not relationship of the above result and current lease charges at the two terminals are justifiable.

• Journal of KIBIM
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• v.1 no.1
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• pp.18-25
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• 2011

Construction cost estimation in the early phase provides the opportunity to make reasonable decisions related to the project. For estimating this cost, various methods have been developed. But several problems have been recognized like accuracy, relation beteewn design and cost etc. In this study, we developed the method of cost estimating for building parts. The modified method has defferent ratio of space functions to calculate cost more correctly. Also historical cost data is used in this modified method for architects to estimate cost conveniently. By this modified method, we expects architects should easily design buildings based on cost.