• Title/Summary/Keyword: Optimal construction cost

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Construction Safety and Health Management Cost Prediction Model using Support Vector Machine (서포트 벡터 머신을 이용한 건설업 안전보건관리비 예측 모델)

  • Shin, Sung Woo
    • Journal of the Korean Society of Safety
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    • v.32 no.1
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    • pp.115-120
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    • 2017
  • The aim of this study is to develop construction safety and health management cost prediction model using support vector machine (SVM). To this end, theoretical concept of SVM is investigated to formulate the cost prediction model. Input and output variables have been selected by analyzing the balancing accounts for the completed construction project. In order to train and validate the proposed prediction model, 150 data sets have been gathered from field. Effects of SVM parameters on prediction accuracy are analyzed and from which the optimal parameter values have been determined. The prediction performance tests are conducted to confirm the applicability of the proposed model. Based on the results, it is concluded that the proposed SVM model can effectively be used to predict the construction safety and health management cost.

Development of Bridge Management System for Next Generation based on Life-Cycle Cost and Performance (생애주기 비용 및 성능을 고려한 차세대 교량 유지관리기법 개발)

  • Park, Kyung-Hoon
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.167-174
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    • 2007
  • This study proposes a practical and realistic method to establish an optimal lifetime maintenance strategy for deteriorating bridges by considering the life-cycle performance as well as the life-cycle cost. The proposed method offers a set of optimal tradeoff maintenance scenarios among other conflicting objectives, such as minimizing cost and maximizing performance. A genetic algorithm is used to generate a set of maintenance scenarios that is a multi-objective combinatorial optimization problem related to the and the life-cycle cost and performance as separate objective functions. A computer program, which generates optimal maintenance scenarios, was developed based on the proposed method. The subordinate relation between bridge members has been considered to decide optimal maintenance sequence. The developed program has been used to present a procedure for finding an optimal maintenance scenario for steel-girder bridges on the Korean National Road. Through this bridge maintenance scenario analysis, it is expected that the developed method and program can be effectively used to allow bridge managers an optimal maintenance strategy satisfying various constraints and requirements.

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Field Application of Least Cost Design Model on Water Distribution Systems using Ant Colony Optimization Algorithm (개미군집 최적화 알고리즘을 이용한 상수도관망 시스템의 최저비용설계 모델의 현장 적용)

  • Park, Sanghyuk;Choi, Hongsoon;Koo, Jayong
    • Journal of Korean Society of Water and Wastewater
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    • v.27 no.4
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    • pp.413-428
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    • 2013
  • In this study, Ant Colony Algorithm(ACO) was used for optimal model. ACO which are metaheuristic algorithm for combinatorial optimization problem are inspired by the fact that ants are able to find the shortest route between their nest and food source. For applying the model to water distribution systems, pipes, tanks(reservoirs), pump construction and pump operation cost were considered as object function and pressure at each node and reservoir level were considered as constraints. Modified model from Ostfeld and Tubaltzev(2008) was verified by applying 2-Looped, Hanoi and Ostfeld's networks. And sensitivity analysis about ant number, number of ants in a best group and pheromone decrease rate was accomplished. After the verification, it was applied to real water network from S water treatment plant. As a result of the analysis, in the Two-looped network, the best design cost was found to $419,000 and in the Hanoi network, the best design cost was calculated to $6,164,384, and in the Ostfeld's network, the best design cost was found to $3,525,096. These are almost equal or better result compared with previous researches. Last, the cost of optimal design for real network, was found for 66 billion dollar that is 8.8 % lower than before. In addition, optimal diameter for aged pipes was found in this study and the 5 of 8 aged pipes were changed the diameter. Through this result, pipe construction cost reduction was found to 11 percent lower than before. And to conclusion, The least cost design model on water distribution system was developed and verified successfully in this study and it will be very useful not only optimal pipe change plan but optimization plan for whole water distribution system.

A Study on the fluctuation Factors Influenced on the Computation of interior Cost (인테리어 공사비 산정에 영향을 주는 변동요인에 관한 연구)

  • 정재은;권영성
    • Korean Institute of Interior Design Journal
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    • no.16
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    • pp.75-81
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    • 1998
  • With the rise of the economic level and the improvement of the standard of living the size of the interior work is becoming large and specialized, With the recent opening of the domestic interior decoration market the order of the large-scale interior decoration work is actively received and its efficient construction is vigorously made. Accordingly reliability is required in keeping with all the accuracy of computing interior construction expenses systematically is importantly emerging. The estimation sheet written in a kind of process mode and in an area made as the construction expense breakdown mode were statistically treated and analyzed as well as quantity computation breakdown data. In determing the major factors that expert an influence on the factors of changes in construction expenses as well as the compositional ratio of construction work that becomes basic material for developing the cost model of interior decoration work the following conclusion could be made: Improvement should be made to suit the present situation by synthesizing and arranging the data practically used in current interior construction expenses. Required construction expenses for the kind of work common to each construction field are showing a given proportion and the required construction expenses of rather small scale interior construction work tend to be irregular. It is necessary to compute optimal construction expenses by calculating the optimal period of work and working personnel in consideration of the influential factor in each work.

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Contingency Estimation Method based on Stochastic Earned Value Management System (추계적 EVMS 기반 예비비 산정 방법론)

  • Gwak, Han-Seong;Choi, Byung-Youn;Yi, Chang-Yong;Lee, Dong-Eun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2018.05a
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    • pp.72-73
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    • 2018
  • The accuracy of contingency estimation plays an important role for dealing with the uncertainty of the financial success of construction project. Its' estimation may be used for various purposes such as schedule control, emergency resolve, and quality expense, etc. This paper presents a contingency estimation method which is schedule control specific. The method 1) implements stochastic EVMS, 2) detects a specific timing for schedule compression, 3) identifies an optimal strategy for shortening planned schedule, 4) finds a probability density function (PDF) of project cost overrun, and 5) estimates the optimal contingency cost based on the level of confidence. The method facilitates expeditious decisions involved in project budgeting. The validity of the method is confirmed by performing test case.

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OPTIMAL DESIGN ALGORITHM OF THE FOUNDATION OF TOWER CRANES

  • Kim, Sun-Kuk;Kim, Jang-Young;Ryu, Sang-Yeon
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1047-1052
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    • 2009
  • As buildings nowadays become taller in height and larger in size the safety review of lifting plan takes larger portion in construction project management. However, the cost and safety in lifting plan have a contradictory effect on each other. Therefore, an optimization algorithm needs devising as a solution of the contradictory problem. In many cases at construction sites, selections and stability review of tower cranes are assigned to equipment suppliers or field managers, which cause the problems in safety and cost of the projects. To improve the part of the current situation, a study on the optimization algorithm for designing the foundation of tower cranes is conducted in this study, which can be utilized by equipment suppliers or field managers to check the stability of tower cranes easily and promptly without substantial knowledge.

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Study on Establishing Investment Mathematical Models for Each Application ESS Optimal Capacity in Nationwide Perspective (국가적 관점에서 각 용도별 ESS 적정용량 산정을 위한 투자수리모델 수립에 관한 연구)

  • Kim, Jung-Hoon;Youn, Seok-Min
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.65 no.6
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    • pp.979-986
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    • 2016
  • At present, electric power industry around the world are being gradually changed to a new paradigm, such as electrical energy storage system, the wireless power transmission. Demand for ESS, the core technology of the new paradigm, has been growing worldwide. However, it is essential to estimate the optimal capacity of ESS facilities for frequency regulation because the benefit would be saturated in accordance with the investment moment and the increase of total invested capacity of ESS facilities. Hence, in this paper, the annual optimal mathematical investment model is proposed to estimate the optimal capacity and to establish investment plan of ESS facility for frequency regulation. The optimal mathematical investment model is newly established for each season, because the construction period is short and the operation effect for the load by seasons is different unlike previous the mathematical investment model. Additionally, the marginal operating cost is found by new mathematical operation model considering no-load cost and start-up cost as step functions improving the previous mathematical operation model. ESS optimal capacity is established by use value in use iterative methods. In this case, ESS facilities cost is used in terms of the value of the beginning of the year.

A Study on Probabilistic Optimal Reliability Criterion Determination in Transmission System Expansion Planning (송전계통확충계획을 위한 확률론적 최적신뢰도 기준설정에 관한 연구)

  • Tran, TrungTinh;Kwon, Jung-Ji;Choi, Jae-Seok
    • Proceedings of the KIEE Conference
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    • 2005.07a
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    • pp.748-750
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    • 2005
  • This paper approaches a methodology for deciding the optimal reliability criteria for an optimal composite power system expansion planning considering generation and transmission systems simultaneously. A probabilisticreliability criterion, $LOLE_R$(Loss of Load Expectation), is used in this study. The optimalreliability criterion $LOLE_R*$ is decided at minimum cost point of total cost curve which is the sum of the utility cost associated with construction cost and the customer outage cost associated with supply interruptions for load considering forced outage rates of elements(generators and lines) in long term forecasting. The characteristicsand effectiveness of this methodology are illustrated by the case study using MRBTS size system.

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A Decision-Supporting Model for Rehabilitation of Old Water Distribution Systems

  • Kim, Joong-Hoon;Geem, Zong-Woo;Lee, Hyun-dong;Kim, Seong-Han
    • Korean Journal of Hydrosciences
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    • v.8
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    • pp.31-40
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    • 1997
  • Flow carrying capacity of water distribution systems is getting reduced by deterioration of pipes in the systems. The objective of this paper is to present a managerial decision-making model for the rehabilitation of water distribution systems with a mininum cost. The decisions made by the model also satisfy the requirements for discharge and pressure at demanding nodes in the systems. Replacement cost, pipe break repair cost, and pumping cost are considered in the economic evaluation of the decision along with the break rate and the interest rate to determine the optimal replacement time for each pipe. Then, the hydraulic integrity of the water distribution system is checked for the decision by a pipe network simulator, KYPIPE, if discharge and pressure requirements are satisfied. In case the system does not satisfy the hydraulic requirements, the decision made for the optimal replacement time is revised until the requirments are satisfied. The model is well applied to an existing water distribution system, the Seoul Metropolitan Water Supply System (1st Phase). The results show that the decisions for the replacement time determined by the economic analysis are accepted as optimal and hydraulic integrity of the system is in good condition.

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Application of Building using Optimal Design Technique of Irregular Wall (일반 건축물의 이형벽체 최적설계기법 적용사례)

  • Han, Kyung-Soo;Bang, Jung-Seok
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2014.05a
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    • pp.86-87
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    • 2014
  • Recently, construction project has greatly increased the needs for cost savings due to excessive competition and economic recession. The purpose of this study is to introduce application of building using optimal design technique for improving constructability and economic efficiency of structural wall. As a results, design results of irregular wall show about 15% reduction of the longitudinal bar compared to single walls and ultimately improve constructability.

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