• Title/Summary/Keyword: construction cost estimation

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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
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    • v.20 no.3
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    • pp.22-30
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    • 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.

Estimation of Design Wave Height for the Waters around the Korean Peninsula

  • Lee, Dong-Young;Jun, Ki-Cheon
    • Ocean Science Journal
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    • v.41 no.4
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    • pp.245-254
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    • 2006
  • Long term wave climate of both extreme wave and operational wave height is essential for planning and designing coastal structures. Since the field wave data for the waters around Korean peninsula is not enough to provide reliable wave statistics, the wave climate information has been generated by means of long-term wave hindcasting using available meteorological data. Basic data base of hindcasted wave parameters such as significant wave height, peak period and direction has been established continuously for the period of 25 years starting from 1979 and for major 106 typhoons for the past 53 years since 1951 for each grid point of the North East Asia Regional Seas with grid size of 18 km. Wind field reanalyzed by European Center for Midrange Weather Forecasts (ECMWF) was used for the simulation of waves for the extra-tropical storms, while wind field calculated by typhoon wind model with typhoon parameters carefully analyzed using most of the available data was used for the simulation of typhoon waves. Design wave heights for the return period of 10, 20, 30, 50 and 100 years for 16 directions at each grid point have been estimated by means of extreme wave analysis using the wave simulation data. As in conventional methodsi of design criteria estimation, it is assumed that the climate is stationary and the statistics and extreme analysis using the long-term hindcasting data are used in the statistical prediction for the future. The method of extreme statistical analysis in handling the extreme vents like typhoon Maemi in 2003 was evaluated for more stable results of design wave height estimation for the return periods of 30-50 years for the cost effective construction of coastal structures.

PC controlled Autonomous Navigation System for GPS Guided Field Robot (GPS를 이용한 필드로봇의 PC기반 자율항법 제어 시스템)

  • Han, Jae-Won;Park, Jae-Ho;Hong, Sung-Kyung;Ryuh, Young-Sun
    • Journal of Biosystems Engineering
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    • v.34 no.4
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    • pp.278-285
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    • 2009
  • Navigation system is applied in variety of fields including the simple location positioning, autopilot navigation of unmanned robot tractor, autonomous guidance systems for agricultural vehicles, construction of large field works that require high precision and map making process. Particularly utilization of GPS (Global Positioning System) is very common in the present navigation system. This study introduces a navigation system for autonomous field robot that travels to the pre-input path using GPS information. Performance of the GPS- based navigation is highly depended on its receiving rate because GPS receivers do not acquire any navigation information in the period between the refresh intervals. So this study presents an algorithm that improves an accuracy of the navigation by estimation the positional information during the blind period of a low rate GPS receiver. In fact the algorithm calculated the robot's heading in a 50 Hz rate, so the blind period of an 1 Hz GPS receiver is extensively covered. Consequently implementation of the algorithm to the GPS based navigation showed an improvement in guidance accuracy. The conventional field robot directly carried an expensive control computer and sensors onboard, therefore the miniaturization and weight reduction of the robot was limited. In this paper, the field robot carried only communication equipments such as GPS module, normal RC receiver, and bluetooth modem. This enabled the field robot to be built in an economic cost and miniature size.

Performance Comparison of Neural Network Models for the Estimation of Instantaneous and Accumulated Powder Exhausts of a Bulk Trailer (벌크 트레일러의 순간 및 누적 분말 배출량 추정을 위한 신경망 모델 성능 비교)

  • Chang June Lee;Jung Keun Lee
    • Journal of Sensor Science and Technology
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    • v.32 no.3
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    • pp.174-179
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    • 2023
  • Bulk trailers, used for the transportation of powdered materials, such as cement and fly ash, are crucial in the construction industry. The speedy exhaustion of powdered materials stored in the tank of bulk trailers is relevant to improving transportation efficiency and reducing transportation costs. The exhaust time can be reduced by developing an automatic control system to replace the manual exhaust operation. The instantaneous or accumulated exhausts of powdered materials must be measured for automatic control of the bulk trailer exhaust system. Accordingly, we previously proposed a recurrent neural network (RNN) model that estimated the instantaneous exhaust based on low-cost pressure sensor signals without an expensive flowmeter for powders. Although our previous study utilized only an RNN model, models such as multilayer perceptron (MLP) and convolutional neural network (CNN) are also widely utilized for time-series estimation. This study compares the performance of three neural network models (MLP, CNN, and RNN) in estimating instantaneous and accumulated exhausts. In terms of the instantaneous exhaust estimation, the difference in the performance of neural network models was insignificant (that is, 8.64, 8.62, and 8.56% for the MLP, CNN, and RNN, respectively, in terms of the normalized root mean squared error). However, in the case of the accumulated exhaust, the performance was excellent in the order of CNN (1.67%), MLP (2.03%), and RNN (2.20%).

Analysis of Impact on ERP Customization Module Using CSR Data

  • Yoo, Byung-Keun;Kim, Seung-Hee
    • Journal of Information Processing Systems
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    • v.17 no.3
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    • pp.473-488
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    • 2021
  • The enterprise resource planning (ERP) system is a standardized and advanced business process that many companies are implementing now-a-days through customization. However, it affects the efficiency of operations as these customizations are based on uniqueness. In this study, we analyzed the impact of customized modules and processing time on customer service request (CSR), by utilizing the stacked CSR data during the construction and operation of ERP, focusing on small and medium-sized enterprises (SMEs). As a result, a positive correlation was found between unit companies and the length of ERP implementation; ERP modules and the length of ERP implementation; ERP modules and unit companies; and the type of ERP implementation and ERP module. In terms of CSR, a comparison of CSR processing time of CBO (customized business object) module and STD (standard) module revealed that while the five modules did not display statistically significant differences, one module demonstrated a statistically very significant difference. In sum, the analysis indicates that the CBO-type CSR and its processing cost are higher than those of STD-type CSR. These results indicate that companies planning to implement an ERP system should consider the ERP module and their customization ratio and level. It not only gives the theoretical validity that should be considered as an indicator for decision making when ERP is constructed, but also its implications on the impact of processing time suggesting that the maintenance costs and project scheduling of ERP software must also be considered. This study is the first to present the degree of impact on the operation and maintenance of customized modules based on actual data and can provide a theoretical basis for applying SW change ratio in the cost estimation of ERP system maintenance.

Formal Estimation Method for Optimal Budget Appropriation of Highway Construction Projects under Long-term Continuation Contracts (장기계속계약제도 하에서 고속도로공사 최적공사비 산출방안 정립에 관한 연구)

  • Koo, Bon-Sang;Yu, Jung-Ho;Park, Jong-Ho
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.35 no.6
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    • pp.1405-1412
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    • 2015
  • In Korea, public infrastructure projects employ "long term continuation (LTC) contracts," which require budgets to be reevaluated and re-appropriated annually throughout the multi-year life of the project. However, such contracts also make it susceptible to frequently changing government policies, in which budgets required for existing projects are allocated to new projects and thus does not provide a consistent stream of capital to multi-year projects. Each year, the KEC needs to attain government funds for construction of its multiple highway construction sites. Because it is difficult to know the amount that may be actually appropriated to KEC in a given year, it is in turn difficult to anticipate and provide sufficient funds necessary for construction to run smoothly and continuously. The lack of a good logic for appropriation has resulted in projects having a skewed distribution of capital. To get better budget appropriations from the central government, the KEC first needs a systemized approach that rationalizes the annual construction capital optimally required for its individual sites. The goal of this research was to devise a way that allows the KEC to determine and calculate the optimal construction costs that would be required for its individual construction sites on an annual basis. Both the optimal progress rate and the essential work types were assessed through a workshop with 24 professionals (KEC employees and contractors) who had extensive experience in KEC projects and also were currently working in these projects.

PRT Benefit Estimation Study; Focused on Nan-Gok line (PRT시스템 도입시 편익산정 연구; 난곡노선을 중심으로)

  • Lee, Jin-Sun
    • Journal of the Korean Society for Railway
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    • v.14 no.4
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    • pp.370-375
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    • 2011
  • In this paper, as a follow-up PRT studies of "J. Lee & K. Kim[2]", in terms of public transportation systems, economic feasibility of PRT systems was investigated. Based on previous studies, PRT demand was estimated and the required number of PRT vehicles has been calculated and the benefit was estimated. To ensure the economic feasibility, construction cost of a PRT system should be the level of 8 billion won per km, and the annual operating costs of the PRT system construction should be approximately 4.63% level. As a result, how much to reduce PRT construction costs, depending on whether decisions are considered to be economically feasible. Thus, PRT technology development will be conducted by targeting the most lightweight and by minimizing the infrastructure and vehicles of PRT.

A Study on Calculation of Interior Construction Area Using 3D Modeling Program (3D 모델링 프로그램을 활용한 인테리어 공사면적 산출에 대한 연구)

  • Ha, Seung-Beom
    • The Journal of the Convergence on Culture Technology
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    • v.9 no.1
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    • pp.531-537
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    • 2023
  • Interior construction is required to estimate the quantity of material and the cost expected from 2D drawing in design phase and look for the reasonable method of work. Therefore, exact estimation for quantity and budgeting are very important processes, as a measure of judging the profitability of interior construction. These processes are mostly based on 2D drawing, so time and experienced staff are required. Error and omission can occur because the experienced staff also calculates the area using 2D based drawing. Interior market is currently based on 3D modeling from planning to final design. Accordingly, estimating quantity based on 3D modeling is emerging as a way of reducing error and omission. This paper will present the methodology on calculating area, the basic element of estimating quantity based on 3D Modeling in interior field.

A Study on the Welding Amount Estimation System combined with 3D CAD Tool (3차원 CAD 통합형 용접물량 산출 시스템에 관한 연구)

  • Ruy, Won-Sun;Kim, Ho-Kyeong;Ko, Dae-Eun
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.14 no.7
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    • pp.3184-3190
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    • 2013
  • These days, the great part of design processes in the field of ship or offshore manufacturing are planed and implemented using the customized CAD system for each ship-building companies. It means that all information for design and production could be extracted and reused at the useful other area cost considerable time and efforts. The representative example is the estimation of welding length and material amount which is demanded during the construction of ship or offshore structures. The proper estimation of welding material to be used and the usage of them at the stage of schedule planning is mostly important to achieve the seamless process of production and expect the costing in advance. This study is related to the calculation of welding length and needed material amount at the stage of design complete utilizing the CAD system. The calculated amount are classified according to welding position, stage, block, bevel and welding type. Moreover it is possible to predict the working time for welding operation and could be used efficiently for the cost management using the results of this research.

A Study of sea Dike meterials loss due to Scouring and Consolidation Settlement During the Periond of Construction on Construction on the West Cost of Korea (서해암 방조제 공사 기간중 유실토량 측정시험)

  • 안재숙
    • Magazine of the Korean Society of Agricultural Engineers
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    • v.14 no.1
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    • pp.2503-2519
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    • 1972
  • The studies were carried out to find the cause and the quantitative evaluation of sea dike materials loss which is occured during the period of construction works for the tideland reclamation projects on the west coast of Korea. Major subjects to studies were to establish the typical relationships between the tidal flow and the movement of dike materials, the tidal-flow and the erosion, the dike materials and the ratio of material movement(losses), construction methods and the ratio of materials movement (losses). Based on the above subjects, the studies were made for the purpose of obtain the following informations; (1) Collecting and evaluaing the data of dike material losses due to foundation settlement, from designed existing dikes on the west coast. (2) By the field investigation at A-San Sea Dike, Pyong Taek Project, the Comparison would be made by the relationships between the tide velocity and the movement of dike foundation under the natural conditions and the period of construction so that find out the relationship between the dike materials of foundation situation and settlements. With regard to the dike construction works, it is so difficult to calculate the exact quantity of material losses due to the foundation settlements. The major factors that affect the settlement losses of the dike materials are: (1) Topographical variation (2) Swepting the sectional area of dike by the tide velocity. (3) Dumping riprap to the outerside of dike during the period of construction works. (4) Sectional area losses by the cause of occurence of the new tide channels. (5) material losses by the heavy storms. (6) Consolidation settlement by the foundation weakness. (7) Material losses by the earth materials by tide flow. Most hi호 material losses were occured by the Consolidation settlement due to the foundation weakness, the maximum tide velocities due to decrease the cross sectional area of the gaps and erosion of foundation due to the range of tide, Inner and outerside of dike, or dike material loses due to the tide flow. Final conclusion would be obtained by the continuous measurement of consolidation settlement at the stage of final clusure of the dike. (It is scheduled to close on the end of 1972) However, intermediate conclusion can be introduced as follows: (1) The estimation of material(losses) during the period of construction works for the existing sea-dikes up to date were only empirical. The material losses at the general closure for design was estimated at 10% of the riprap, 20% of the earth materials, and 20% of the riprap, 40% of the earth materials at the final closure of the dike. The final closure estimated double quantity to the general closure, but it is still doubt. (2) The ratio of consolidation settlements was found smaller than the calculated quantity. It can be foreseen that settlement speeds is higher thom the calculated speeds. (3) The movement of dike foundation under the natural conditions were not so depends on the geological conditions of the foundation. (4) When the tide velocities was estimated 100 at the normal tide, it was estimated 125 at the high tide and 55 at the low tide. The tide velocities at the low tide shows apparently lower than the high tide and the higher velocities at the deep water depth.

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