• Title/Summary/Keyword: Project Cost Performance

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A Preliminary Study of the evaluating and improving WLCM for construction project based on BIM (BIM기반 프로젝트의 WLCM (Whole Life-Cycle Management) 적용모델 개발을 위한 기초연구)

  • Lee, Geun-Ho;Lim, Hyoung-Chul
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2011.11a
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    • pp.13-14
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    • 2011
  • The main purpose of this research is to propose standardization of construction components design with BIM and to develop WLCM Framework and Application System for supply chain management on interaction of stakeholders based on proposed standard component. To accomplish main purpose of this research, we planned three years period, in first year, we will develop model for building lifecycle based on BIM, and this model can give the chance of collaboration with stakeholders of building project. In second year, we will develop WLCM system with model, and to improve performance of application model/system. This study can contribute on reduction of whole lifecycle cost, with preventing omission of factors on cost reduction possibility, develop concurrent engineering framework for construction stakeholders with proposed BIM.

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Comparative Performance Analysis of Robot-based Automated Construction System Using a Real Scale Test Project

  • Lee, Ung-Kyun
    • Journal of the Korea Institute of Building Construction
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    • v.15 no.3
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    • pp.339-349
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    • 2015
  • A large-scale research project to develop a robot-based automated building construction system for steel structures was successfully conducted in South Korea. This paper discusses the results of the real-scale test and the key lessons gained from the testing process. The system was assessed in terms of system productivity, construction cost, quality control, and safety improvements. While the productivity of the automated system showed an improvement of about 9.5%, the construction cost was about six times higher than that of the conventional method. The field test also indicated that the automated system requires more on-site quality control measures. However, because the system can eliminate the causes of various safety accidents, safety levels might be expected to be improved significantly. It is expected that this paper will provide knowledge and insight for developing new systems, and the results of the real-scale test might be useful for other researchers and similar research projects in the future.

Evaluation Model of the Value of Process Redesign: A Case Study of Manufacturing Company (프로세스 재설계에 대한 가치평가모형: 제조업체 사례연구)

  • 이상재
    • Journal of the Korean Operations Research and Management Science Society
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    • v.24 no.4
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    • pp.81-94
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    • 1999
  • Organization change projects such as Business Process Redesign(BPR) have been implemented by many firms for enhancing their organizational performance. However, management is reluctant to initiate these projects due to enterprise-wide impact and steeper project cost than the traditional system development projects. Thus, there emerges a need to accurately assess the value of the redesigned organizational process for the successful implementation of BPR projects. The purpose of this study is to assess the value of process redesign in the point of resource utilization and allocation, and cycle time and cost reduction. The candidate process and the design alternatives are identified from organizational requirements analysis. The variables and their relations are defined to perform task activity analysis, bottleneck analysis, cycle cost analysis, and resource utilization analysis. A Case study of a manufacturing company indicates that the assessments method proposed in this study is a promising approach to identify the business alternative process that lead to the highest organizational performance.

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Economic Appraisal of Telemedicine (원격진료시스템의 경제성 분석)

  • 이해종;채영문;조재국;최형식
    • Health Policy and Management
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    • v.6 no.1
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    • pp.85-109
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    • 1996
  • Telemedicine can increase accessibility to advance medical technology at the university hospital for community residents living in a remote area. This paper focused on the economic evaluation of telemedicine to identify important factors influencing costs and benefits and to understand how these factors can be changed to improve economic performance of the telemedicine. When the telemedicine project currently operating in Korea was evaluated based on the traditional cost-benefit analysis, the results showed a heavy net loss wiht a B/C ration of 0.56. As several values were added to the analysis based on the Information Economics approach, B/C ratios steadly increased. When the saving of medical expenses from the early detection of diseases was taken into a consideration, the ration exceeded the break-even point. >From the sensitivity analysis, a number of patients and the cost for equipment and communication were found to be the key factors for influencing economic performance of telemedicine.

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Selection of a Probability Distribution for Modeling Labor Productivity during Overtime

  • Woo, Sung-Kwon
    • Korean Journal of Construction Engineering and Management
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    • v.6 no.1 s.23
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    • pp.49-57
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    • 2005
  • Construction labor productivity, which is the greatest source of variation in overall construction productivity, is the critical factor for determining the project performance in terms of time and cost, especially during scheduled overtime when extra time and cost are invested. The objective of this research is to select an appropriate type of probability distribution function representing the variability of daily labor productivity during overtime. Based on the results of statistical data analysis of labor performance during different weekly work hours, lognormal distribution is selected in order to take advantage of easiness of generating correlated random numbers. The selected lognormal distribution can be used for development of a simulation model in construction scheduling, cost analysis, and other applications areas where representation of the correlations between variables are essential.

Analyzing Characteristics of Design-Build Delivery System in Korea Using System Dynamics Modeling (시스템다이내믹스 모델을 이용한 국내 설계시공 일괄입찰 발주방식 특성분석)

  • Lee, Hyun-Soo;Ji, Sae-Hyun;Park, Moon-Seo;Song, Sang-Hun
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.5
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    • pp.119-131
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    • 2007
  • Design build (DB) is a construction project delivery system which has become one of the favored ones and the growth of DB by the public agencies has been steadily increasing. DB can be viewed as an evolutionary project delivery system, since DB project team members collaborate on work with each other, keep seeking cost effective and innovative alternatives that meet the construction needs of the project. Thus DB outperformed others in delivery speed, cost saving, and turnover quality. In Korea, DB projects likewise have steadily increased that it is needed to analyze characteristics of DB delivery system in Korea. For that purpose, this research would offer an analysis of characteristics of DB delivery system in Korea using system dynamics model with investigating the public market trend, comparing DB performance to DBB, and analyzing questionnaire survey.

A Case Study on Risk Analysis of Large Construction Projects (건설공사를 위한 위험분석기법 사례연구)

  • Kim Chang Hak;Park Seo Young;Kwak Joong Min;Kang In-Seok
    • Proceedings of the KSR Conference
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    • 2004.06a
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    • pp.1155-1162
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    • 2004
  • This research proposes a new risk analysis method in order to guarantee successful performance of construction projects. The proposed risk analysis methods consists of four phases. First step, AHP model can help contractors decide whether or not they bid for a project by analysing risks involved in the project. Second step, the influence diagraming, decision tree and Monte Carlo simulation are used as tools to analyze and evaluate project risks quantitatively. Third step, Monte Carlo simulation is used to assess risk for groups of activities with probabilistic branching and calendars. Finally, Fuzzy theory suggests a risk management method for construction projects, which is using subjective knowledge of an expert and linguistic value, to analyze and quantify risk. The result of study is expected to improve the accuracy of risk analysis because three factors, such as probability, impact and exposure, for estimating membership function are introduced to quantify each risk factor. Consequently, it will help contractors identify risk elements in their projects and quantify the impact of risk on project time and cost.

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BIM Utilization Plan for Schedule Risk Management (공정리스크 관리를 위한 BIM 적용 방안)

  • Lee, Gye-Hyun;Kim, Ju-Hyung;Kim, Jae-Jun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2012.05a
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    • pp.143-144
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    • 2012
  • A number of construction projects tied to the concerns and decision-making is also very complicated. In addition, more than any other industry, is inherent in many risk factors. In the course of the construction project on risk factors that exist in the early stages of project risk factors to predict in advance and prepare a project by shortening the construction period and project cost as you can to maximize performance. In this study, I proposed risk management processes and how they are used in web-based schedule risk in the process of change management system, and between 3D CAD, 4D CAD taking into account the linkages, risk management strategy process in the BIM environment.

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Study on the Key Technologies for Performance and Operation of the High-Speed EMU (동력분산형 고속철도 차량성능 및 운용 기반기술 연구)

  • Song, Dahl-H.;Min, Kyung-H.
    • Proceedings of the KSR Conference
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    • 2008.06a
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    • pp.1227-1232
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    • 2008
  • High-speed train of push-pull type called as G7 train has been developed and chosen as the model of KTX-II which will be operated on Honam Line nexr year. However, the EMU-type high-speed train appeared to be the recent trend that foreign markets have shown. Also, in the near future, a great number of new train sets are needed to accommodate the increased passengers in our country. Thus, development of the high-speed EMU was decided, planned, and started. In the development, included were almost all fundamental key technologies such as noise and vibration reduction in a passenger cabin, running characteristics, aerodynamic analysis, crashworthiness evaluation, EMI/EMC analysis, design of the cooling system for the propulsion control system, enhanced performance of transformer and switching converters, synchronous traction motor with permanent magnets, new design of front nose and ergonomic interiors, application of advanced information technology(IT) and smart sensors and the cost reduction of construction of railway bridges, etc. Each key technologies are carried out as sub-project independently but under the supervision of a project. The project will develop the high advanced level of technologies and provide necessary know-why's and support the team in charge of the development of the high-speed EMU, Hyundai Rotem Co. Ltd. The high-speed EMU will be successfully developed with the support of the project.

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Ontology based Integrated Construction Information Management for Modernized Traditional Housing (Hanok)

  • Lee, Heewoo;Lee, Yunsub;Jin, Zhenhui;Gebremichael, Dagem Derese;Jung, Youngsoo
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.162-169
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    • 2022
  • In an attempt to disseminate modernized Korean traditional housing (Hanok), a ten-year research project was initiated in 2010 by the Korean Government to reduce the construction cost, improve the facility performance, and automate the Hanok construction industry. To meet these objectives, various research areas, including public policies, planning methods, design standards, new building materials, construction standards, maintenance procedures, advanced project management tools, and integrated IT applications have been developed. In addition, comprehensive technologies developed were applied to the ten pilot Hanok buildings to validate the real-world performance as part of the research project. To further facilitate the digital transformation of the Hanok industry by using the research results, it is required to disseminate the developed technologies in an automated and standardized manner. In particular, it is crucial to systematize and manage the interoperability of various technical data and accumulated historical data for different business functions, especially within the highly fragmented industry. In this context, this paper proposes an ontology-based Hanok information dissemination platform to enable industry-wide automated knowledge and information sharing. The system architecture, standardized historical database, and advanced analytics based on ontology web language (OWL) for the Hanok industrialization platform are introduced.

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