• Title/Summary/Keyword: Preliminary Construction Cost

Search Result 125, Processing Time 0.023 seconds

Improvement of Concessionaire Designation Evaluation Criteria for Build-Transfer-Lease Private Participation in Infrastructure Projects (BTL사업의 사업시행자 선정 평가기준개선에 관한 연구)

  • Shin, Hyun-In;Park, Tae-Keun
    • Korean Journal of Construction Engineering and Management
    • /
    • v.7 no.6
    • /
    • pp.121-131
    • /
    • 2006
  • Since "Act on Private Participation in Infrastructure" were changed in January 2005, BTL(Build-Transfer-Lease) projects of Private Participation In Infrastructure was introduced in the domestic construction market for the purpose of providing public facilities with the public. Selecting the most qualified Promoter should be considered discreetly in BTL projects because BTL projects is for projects with approximately thirty year project life cycle, plan, construction, operating, maintenance and obviously the success of the project totally depends on the capability and role of concessionaire. However, score for cost is likely to influence designating concessionaire to take the project. Accordingly, low bid contract with too much competition could decrease the quality of the construction plan and operating plan. Thus, this study did preliminary research and documents on problems of evaluation criteria for designating concessionaire in BTL projects, and proposed improvement program by doing questionnaire over specialists of each field.

A Probabilistic Risk-based Cost Estimation Model for Initial-Stage Decision Making on Apartment Remolding Projects (공동주택 리모델링 초기 단계 의사결정을 위한 확률론적 리스크 기반 비용 예측 모델 개발)

  • Lee, Dong-gun;Cha, Heesung
    • Korean Journal of Construction Engineering and Management
    • /
    • v.17 no.2
    • /
    • pp.70-79
    • /
    • 2016
  • The current remodeling cost estimation process is not only dependent on the historical data of new building construction, but it also has a poor linkage with risk-based estimation approach. As such, there is a high risk of falling short of initial budget. To overcome this, a risk-based estimation approach is necessary by providing a probabilistic estimation in consideration of the potential risk factors in conducting the remodeling projects. In addition, the decision-making process should be linked with the risk-based estimation results in stead of intuitive and/or experience-based estimation. This study provides a probabilistic estimation process for residential remodeling projects by developing a detailed methodology in which a step-by-step approach can be achieved. The new proposed estimation approach can help in decision-making for remodeling projects in terms of whether to proceed or not, by effectively reflecting the potential risk factors in the early stage of the project. In addition, the study can enhance the reliability of the estimation results by developing a sustainable estimation process model where a risk-based evaluation can be accomplished by setting up the cost-risk relationship database structure.

CM at Risk Case Study on Guaranteed Maximum Price Contract - Focused on Cases for USA - (책임형 CM 발주방식의 최대공사비보증계약 사례연구 - 미국 공공발주 프로젝트 사례 중심 -)

  • Jeong, Jinhak;Han, Jonghoon;Lee, Joosung;Ahn, Yonghan
    • Korean Journal of Construction Engineering and Management
    • /
    • v.20 no.3
    • /
    • pp.22-30
    • /
    • 2019
  • The purpose of this study is to derive basic data of the Guaranteed Maximum Price(GMP) process and to present specimens that can be used at the time of execution of CM at Risk project in South Korea. CM at Risk project is issued in South Korea, but the actual data is lack. On the other hand, CM at Risk project is universalized and the market of the CM at Risk is steadily growing. Because of that, in this study, The United States cases was selected as a sample. GMP consists of CM's fee, CM contingency, project direct cost, project indirect cost, allowance. GMP negotiations are performed before the end of design completion, and after 3 rounds of estimation comparison, preliminary GMP is confirmed. GMP can be multiple contract and it is useful for Procurement of long lead materials and early construction. If the actual cost is lower than expected GMP, sharing of the saving is an option since the conflict of interests between the client and the contractor can occur.

Preliminary Feasibility Study for Commercial DME Plant Project (DME 상용화 플랜트 예비 타당성 조사)

  • Mo, Younggi;Kang, Minseo;Song, Taekyoung;Baek, Youngsoon;Cho, Wonjun
    • Journal of Hydrogen and New Energy
    • /
    • v.25 no.2
    • /
    • pp.173-182
    • /
    • 2014
  • Dimethyl ether (DME) is a new clean fuel as an environmentally-being energy resources. DME has similar characteristics to those of LPG and can be substituted Diesel fuel. KOGAS has investigated and developed new innovative DME synthesis process from synthesis gas with KOGAS's own technologies. KOGAS had finished the construction of 10ton/day DME demonstration plant in 2008, we have established the basic design of commercial plant which can produce 3,000ton/day DME. Specifically, an economic model for a commercial DME project will be presented. It accounts for all the major cost factors that are considered in a commercial scale project as the model input for performing cash flow analysis, after which key economic indicators are produced including the internal rate of return (IRR), net present value (NPV). Sensitivity analysis is performed to identify dominant cost factors to the project economics and quantify their impact. The inputs to the economic analysis will be based on representative cost factors from the commercial-scale design of KOGAS' direct DME process supplemented by literature data. Case study results will be presented based on recent commercialization projects.

Analysis of the Restoration Actual Conditions on the Quarries II (토석채취지의 복구 실태 분석 II)

  • Park, Jae Hyeon
    • Journal of Korean Society of Forest Science
    • /
    • v.101 no.4
    • /
    • pp.558-566
    • /
    • 2012
  • This study was conducted to offer preliminary data for a natural restoration by the actual condition survey of quarries after extracting rock materials. The mountain restoration area according to a farming and fishing village organize project was restored by green landscape after quarry. However, planting tree species were died due to poor maintenance and administration after restoration works and surface soil loss and erosion occurred during a summer rainfall season because of poor slope greening. It will be needed to review restoration constructions to establish a natural friendly and flawless construction through the selection of optimum restoration works and the examination of soil and geological characteristics. In addition, it is necessary to apply cost-reducing program of restoration constructions. Quarry areas could be restored by the selection of simple and optimum construction works because the most areas were dominant in earth-sand rocks, soft-rocks, and weather-rocks. In addition, the restoration construction project should be examined thoroughly by restoration specialists during green restoration planning and review processes.

Suggestions for Resolving the Social Conflict in Affordable Housing

  • Park, Tae Soon;Lee, Mihong
    • Land and Housing Review
    • /
    • v.5 no.3
    • /
    • pp.179-191
    • /
    • 2014
  • The purpose of this study is to employ a method called 'conflict impact assessment' to analyze the progress, background, cause and relevant issues of conflicts related with affordable housing for youth (Happiness Housing Project), a project that has been implemented since last May 2013, thereby identifying the relevant problems and draw out objectives for improvement. The researchers expect that this study will contribute to solving the current issues regarding Happiness Housing, and contribute to improving the quality of the government's policies. For the above purpose, literatures on Happiness Housing produced from August to November 2013 were reviewed, in-depth telephone or face-to-face interviews were conducted with personnel associated with project implementation in the Ministry of Land, Infrastructure and Transportation and LH, etc., and major interested parties including Yangcheon-gu residents. Key issues identified regarding Happiness Housing construction include: the way that the project was implemented, living quality of residents, impact on educational environment, inconsistence with existing plans, relatively high construction cost, insolvency of public corporations, land use fee issue with Korail, need of preliminary feasibility survey, securing sufficient amount for supply and issue of additional designation, likelihood of finishing construction in time and issues related with actual source of demand, etc. Through analysis of conflict development and positions of interested parties, the main causes of the conflicts were identified as follows: lack of deliberation on pledges during election, lack of viability review on pledges, lack of conflict management plans, one-way implementation without consent of interested parties, project plans established with no regard to local circumstances, frequent project revision, underwehlming level of conflict management. In order to address issues above, the following measures need to be taken: selecting election pledges based on actual effectiveness, thorough assessment on pledges by relevant departments, gradual implementation based on consideration of the actual circumstances, participation of key interested parties, consistent policy and adopting conflict management techniques that reflect the reality.

An Evaluation of the Importance of Risk Factors for the General Hospital Remodeling Approached by Analytic Hierarchy Process (AHP) (AHP 분석을 통한 종합병원 리모델링 공사의 리스크 요인 우선순위 평가)

  • Moon, Seong Joo ;Go, Seong Seok
    • Journal of The Korea Institute of Healthcare Architecture
    • /
    • v.30 no.3
    • /
    • pp.45-56
    • /
    • 2024
  • Purpose: It is important to note that the relative importance of risk factors should be identified to successfully complete the remodeling project of general hospital. Approached by analytic hierarchy process (AHP), the present study aimed to systematically evaluate the risk factors for remodeling of general hospital. Methods: The present work classified the risk factors of general hospital remodeling into four major categories including the requirements survey stage, planning and design stage, dismantling and construction stage, and maintenance stage. In addition, four sub-categories were derived from each major category factor. Furthermore, five major categories and four subcategories were selected to be considered from the perspectives of two stakeholders of contractor and constructor. The relative importance of the major and sub-categories factors was calculated using the AHP technique on the survey data collected from 49 respondents who participated in the survey study. Results: The results indicate that, the risk factor of requirements survey stage was found to be the most important risk factor to consider among the four major categories of factors. Also, insufficient preliminary investigation, design inconsistencies in architecture/mechanics/electricity, occurrence of safety accidents, and insufficient review of various equipment capacities and performances were found to have the highest priorities of each subcategory factor group included in the four major categories. From the perspective of contractor, the error in predicting the construction period was found to be the most important risk factor. The occurrence of safety accidents during construction was found to be the most important risk factor to be considered by constructor. Implications: The result of the current work should provide important insights and guidelines for the risk management activity that contributes to controlling the project time, cost, and scope required for general hospital remodeling.

A Development of Work Breakdown Structure and Link to Standard Estimation System for 3D Printing Building (건축물 3D 프린팅 공종분류체계 도출 및 표준품셈 연계방안 제시)

  • Ju, Ki-Beom;Seo, Myoung-Bae;Park, Hyung-Jin
    • Journal of the Korea Academia-Industrial cooperation Society
    • /
    • v.19 no.12
    • /
    • pp.702-708
    • /
    • 2018
  • 3D printing technology is attracting increasing attention as a key technology of the fourth industrial revolution that can change the production paradigm of existing industries. The introduction of construction 3D printing technology has been slower than other industries because of the characteristics of the construction field. On the other hand construction automation using 3D printing is required to reduce the production population, as well as improve productivity and safety. In this study, a construction 3D printing work breakdown structure and link method to a standard estimation system were developed as a preliminary preparation for introducing 3D printing to construction. Based on expert consultation on construction and 3D printing, a hypothetical scenario was developed based on existing construction 3D printing technology. According to the scenario, 16 kinds of works required for 3D printing construction work were derived. The existing work breakdown structure and standard estimation system were analyzed, and the 3D printing work was linked. 3D printing works that were the same as the existing breakdown structure were found, and non-existent works were added to the similar breakdown structure. These results are expected to be helpful for future 3D printing construction management and cost estimation. The actual standard estimation system through 3D printing work will need to be calculated.

Strategies to Revitalize BIM(Building Information Modeling) by the Survey Questionnaires from Design Experts in Field of Civil Engineering (토목설계 전문가 설문조사를 통한 BIM 활성화 방안)

  • Seo, Myoung-Bae;Ju, Ki-Beom
    • The Journal of the Korea Contents Association
    • /
    • v.12 no.11
    • /
    • pp.446-457
    • /
    • 2012
  • Recently, BIM(Building Information Modeling),which has been an issue in construction work, has been focused on as a new alternative of building industry for way out of crisis by slowing down and decreasing of orders in construction industry. Research for introducing BIM to the architectural field is already proceeding actively at home and abroad. However, civil engineering is so nonrecurring, horizontal, and different from regular construction works that it a large amount of information occurs because of wide range of project, which causes construction firms and design engineers to have some questions whether their initial investment cost would work or not and feel uncomfortable with the cost. In this study, technology level in engineering firms were surveyed for adapting BIM to domestic civil engineering. Development direction of BIM standard information model was drawn through awareness change analysis of BIM in civil engineering, as well. Deduced development direction is composed of guide development, system development, deliverable check and international standard proposal. The outcome will be employed as preliminary data for the study on development of infrastructure BIM standard and deliverable check system in civil engineering.

A Study on the Demand of Development in the Villages of Rural Areas - Focused on the Analysis of Preliminary Plans about Rural Community Development Project - (농촌지역 마을의 개발수요에 관한 연구 -농촌마을종합개발사업 예비계획서 분석을 통해-)

  • Cho, won-seok;Yoo, Young-Mo
    • Journal of the Korean Institute of Rural Architecture
    • /
    • v.13 no.3
    • /
    • pp.21-28
    • /
    • 2011
  • This paper was able to indicate to the results the following thing that attempted a required potential development demand, through the contents and cost analysis in Rural Community Development Project. Nowadays, Rural Areas comparatively have a lot of development demands related to improvements environmental of residence life and construction of Urban-Rural Exchange Facility, on the other and, there is comparatively a few facilities demands regarding agriculture production. Demand is cold storage facilities and agricultural products direct sale facilities expansion to be able to raise value added of agricultural products as facilities related comparatively a little agriculture production, and an improvement of residence life comparatively has a lot of repair environmental uninhabited house repair, river-front and the roadside, rest shelter creation demands. However, that should be forecasted so that aging of rural, population decrease and development demand is caused by a lot of issues such as maintenances operation of many Urban-Rural Exchange Facilities and a similar program and content has a lot of them in bilateral adjacent zones. Therefore, in the future plan shall attempt efficiency operating facilities and a program through characterization and network of zone so that facilities and program can have complementary relation in the adjacent zones. And item development and an investor are necessary regarding new labor force supply for continuous value maintenance of space and returning to the farm that there were the reverse agriculture production and Amenity which are an rural village. Furthermore, developmental plan of rural village is necessary through the demand analyses that a citizen wishing for things.