• Title/Summary/Keyword: Optimal construction cost

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Development of Quantitative Decision Support Model for Optimal Form-Work Based on Construction Site Type (건축 공사현장 유형별 최적 거푸집 공법선정을 위한 정량적 의사결정 지원모델 개발)

  • Kim, Oh-Hyung;Cha, Hee-Sung
    • Korean Journal of Construction Engineering and Management
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    • v.20 no.4
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    • pp.56-68
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    • 2019
  • An optimal selection of form-work is very important in the construction project in terms of construction cost and duration management. Also, it substantially affects the quality of the structure and the finishing work. However, in South Korea, the decision making on the selection of form-work has been based on the experience and intuition of construction practitioners not on the objective data or rational decision-making system. In order to solve the problem, several types of research on the selection of form-work has been processed. However, they did not consider the construction site condition, which is one of the most important factors for the selection of form-work. Thus, the objective of this study is developing the objective decision supporting system considering the site condition. This study provides the quantitative decision support model for optimal form-work based on construction site type. It is expected that the decision support model will help the practitioners decide optimal form-work based on the objective data. It will ameliorate the existing decision making process using experience and intuition. In addition, because the model considers site-conditions, it will provide more accurate and appropriate decision on the selection of an optimal form-work.

An Estimation Model of Historical Cost Using BIM Library for Road Project (도로분야 BIM 라이브러리를 활용한 실적공사비 산정모델 구축)

  • Moon, HyounSeok;Ju, KiBeom
    • Korean Journal of Computational Design and Engineering
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    • v.20 no.4
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    • pp.431-442
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    • 2015
  • Currently, a BIM-based quantity takeoff (QTO) system is mainly focused on architectural projects. To perform this, diverse quantity takeoff methods such as an object-based automatic quantity takeoff, manual quantity and base functions of calculation have widely been utilizing. However, since BIM library for road projects includes structural elements associated with alignment, it is necessary to establish cost estimation system interlocked with historical cost using 3D library by each unit length. Accordingly, the aim of this study is to develop cost estimation model with using a historical cost approach so that it can be utilized in construction planning based on the BIM library for road projects. For this, based on the BIM library for road, the standardized quantity is estimated, and a process for calculating historical cost and a verification model with a 5D simulation was developed by mapping a WBS code with each BIM library object. This can be applied during the approximate cost estimation process in a project planning and an initial design phase for road projects. Besides, it is expected that these results will be utilized in constructing an optimal historical cost estimation process for project libraries.

A Web-based Decision Support System for Selecting Optimal Retaining Wall Systems (적정 흙막이 공법 선정을 위한 웹 기반 의사결정 지원 시스템)

  • Kim, Hye-Won;Choi, Myung-Seok;Lee, Ghang
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2008.11a
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    • pp.694-697
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    • 2008
  • A retaining wall system suitable for a construction project is selected on the basis of subsoil conditions. If the decision-maker selects an improper system, it has a negative effect on the cost and schedule of the construction project. There have been many studies related to the models and processes for selecting optimal retaining wall systems. However, engineers who are not familiar with formal analysis methods could not easily utilize the formal methods proposed by previous studies. In order to overcome this problem, we developed a web-based decision support system called Dr. Underground, which is both physically and technically easily accessible by engineers. Dr. Underground was developed based on a selection method developed from a precedent research project. It was developed using a server-side web language ASP.NET and MS Access as a database. Decision-makers can input data about the building's condition, construction site conditions and adjacent site conditions in this system. Based on the input data, Dr. Underground recommends an optimal retaining wall system for the inputted conditions and provides detail information on the system.

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Harmony search based, improved Particle Swarm Optimizer for minimum cost design of semi-rigid steel frames

  • Hadidi, Ali;Rafiee, Amin
    • Structural Engineering and Mechanics
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    • v.50 no.3
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    • pp.323-347
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    • 2014
  • This paper proposes a Particle Swarm Optimization (PSO) algorithm, which is improved by making use of the Harmony Search (HS) approach and called HS-PSO algorithm. A computer code is developed for optimal sizing design of non-linear steel frames with various semi-rigid and rigid beam-to-column connections based on the HS-PSO algorithm. The developed code selects suitable sections for beams and columns, from a standard set of steel sections such as American Institute of Steel Construction (AISC) wide-flange W-shapes, such that the minimum total cost, which comprises total member plus connection costs, is obtained. Stress and displacement constraints of AISC-LRFD code together with the size constraints are imposed on the frame in the optimal design procedure. The nonlinear moment-rotation behavior of connections is modeled using the Frye-Morris polynomial model. Moreover, the P-${\Delta}$ effects of beam-column members are taken into account in the non-linear structural analysis. Three benchmark design examples with several types of connections are presented and the results are compared with those of standard PSO and of other researches as well. The comparison shows that the proposed HS-PSO algorithm performs better both than the PSO and the Big Bang-Big Crunch (BB-BC) methods.

Optimal Calculation of Size of Harbor Facility ensuring Maximum Resident's Participation using SNS and ICT (SNS와 ICT를 활용한 주민 참여를 최대한 보장하는 최적 항만 시설 규모 산정)

  • Park, Sang-Goul;Hwang, Chan-Gyu
    • The Journal of the Korea institute of electronic communication sciences
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    • v.9 no.10
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    • pp.1153-1159
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    • 2014
  • In this paper we propose novel method for cost of harbor facility of redevelopment of Mookho harbor at Donghae city by using ICT(Information Communication Technology) and Social Network System that is able to participate most residents instead of partly participation for harbor development. In order to do this, we analyze urban marketing which was maximally reflected opinion of resident by using previous simple questionnaire as well as various SNS (Social Network System) as method of effective resident's participation in process harbor redevelopment. We perform optimal selection for ratio of resident's participation. We also propose calculation of optimal construction cost and method of urban marketing.

Two-layer Investment Decision-making Using Knowledge about Investor′s Risk-preference: Model and Empirical Testing.

  • Won, Chaehwan;Kim, Chulsoo
    • Management Science and Financial Engineering
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    • v.10 no.1
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    • pp.25-41
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    • 2004
  • There have been many studies to build a model that can help investors construct optimal portfolio. Most of the previous models, however, are based upon the path-breaking Markowitz model (1959) which is a quantitative model. One of the most important problems with that kind of quantitative model is that, in reality, most of the investors use not only quantitative, but also qualitative information when they select their optimal portfolio. Since collecting both types of information from the markets are time consuming and expensive, making a set of target assets smaller, without suffering heavy loss in the rate of return, would attract investors. To extract only desired assets among all available assets, we need knowledge that identifies investors' preference for the risk of the assets. This study suggests two-layer decision-making rules capable of identifying an investor's risk preference and an architecture applying them to a quantitative portfolio model based on risk and expected return. Our knowledge-based portfolio system is to build an investor's preference-oriented portfolio. The empirical tests using the data from Korean capital markets show the results that our model contributes significantly to the construction of a better portfolio in the perspective of an investor's benefit/cost ratio than that produced by the existing portfolio models.

Electric Bill Minimization Model and Economic Assessment of Battery Energy Storage Systems Installed in a Non-residential Customer (비주거용 소비자 전력요금최소화 목적 BESS 최적운영 및 경제성 평가)

  • Park, Yong-Gi;Kwon, Kyoung-Min;Lim, Sung-Soo;Park, Jong-Bae
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.65 no.8
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    • pp.1347-1354
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    • 2016
  • This paper presents optimal operational scheduling model and economic assessment of Li-ion battery energy storage systems installed in non-residential customers. The operation schedule of a BESS is determined to minimize electric bill, which is composed of demand and energy charges. Dynamic programming is introduced to solve the nonlinear optimization problem. Based on the optimal operation schedule result, the economics of a BESS are evaluated in the investor and the social perspective respectively. Calculated benefits in the investor or customer perspective are the savings of demand charge, energy charge, and related taxes. The social benefits include fuel cost savings of generating units, construction deferral effects of the generation capacity and T&D infra, and incremental CO2 emission cost impacts, etc. Case studies are applied to an large industrial customer that shows similarly repeated load patterns according to days of the week.

Optimum design of laterally-supported castellated beams using CBO algorithm

  • Kaveh, A.;Shokohi, F.
    • Steel and Composite Structures
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    • v.18 no.2
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    • pp.305-324
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    • 2015
  • In this study, two common types of laterally supported castellated beams are considered as design problems: beams with hexagonal openings and beams with circular openings. The main goal of manufacturing these beams is to increase the moment of inertia and section modulus, which results in greater strength and rigidity. These types of open-web beams have found widespread use, primarily in buildings, because of great savings in materials and construction costs. Hence, the minimum cost is taken as the design objective function and the Colliding Bodies Optimization (CBO) method is utilized for obtaining the solution of the design problem. The design methods used in this study are consistent with BS5950 Part 1 and Part 3, and Euro Code 3. A number of design examples are considered to optimize by CBO algorithm. Comparison of the optimal solution of the CBO algorithm with those of the Enhanced Charged System Search (ECSS) method demonstrate the capability of CBO in solving the present type of design problem. It is also observed that optimization results obtained by the CBO algorithm for three design examples have less cost in comparison to the results of the ECSS algorithm. From the results obtained in this paper, it can be concluded that the use of beam with hexagonal opening requires smaller amount of steel material and it is superior to the cellular beam from the cost point of view.

A Study on Composition of The Construction Organization in Construction Work in Korea - Focus on Apartment of The Capital Region - (국내 건축공사 시공조직 구성에 관한 연구 - 수도권 공동주택을 중심으로 -)

  • Lee, Kyo-Sun;Kim, Hyun-Seok;Kang, Kyung-In
    • Journal of the Korea Institute of Building Construction
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    • v.3 no.1
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    • pp.155-160
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    • 2003
  • The Korean economic crisis hit badly the local construction industry, especially during the year of the 1998 when the country took the IMF bailout proframme. Under the poor business environment, such as reduction of construction investment, financial difficulty from high interest rate, and increasing bankruptcies, restructuring measures were repuired for survival of the industry. It is obvious the restructuring process is essential for the future business success. regardless of the financial crisis. With this background, this research aims the contribute to improved construction management structure and strengthened international competitiveness of the industry through the cost reduction and productivity enhancement, by analysising and proposing and optimal level of the manpower structure of construction management organization With the subject of 24 construction fields of apartment houses in the capital region as of January 1, 1999, constructed by OO company having leaded the construction industry of the country so far now, the researcher performed the on the spot survey regarding the organization/manpower structure and construction contract amount.

A Study on Evaluation of Optimal Construction Method of BTL Projects - Focused on Educational Facilities - (BTL 적용 교육시설의 최적 건축공법 평가에 관한 연구)

  • Park, Yoo-Young;Cho, Bong-Ho;Kim, Ki-Hyun;Lee, Chun-Kyong;Park, Tae-Keun
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.3
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    • pp.22-31
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    • 2009
  • In the buildings of educational facilities ordered by BTL projects, the competent authorities, private business, and users of school get to have a deep conflict, due to extra expenses resulted from shortening of construction period and establishment of temporary school building, and inconveniences users of school have to undergo during semester. This study aims at solving immediate problems in the aspect of construction method, proposing several alternative plans, including RC construction method generally applied to construction of the existing school, and modular construction method that is emerged as an alternative method for educational facilities lately, along with the method of construction appropriate for BTL projects of educational facilities, calculating cost of construction required for each alternative plan, analyzing and evaluating period of construction.