• Proceedings of the Korean Institute of Building Construction Conference
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• 2009.05b
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• pp.171-174
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• 2009

The standard estimation system, used to estimate the predetermined cost of construction work, is measured by the standard and typical construction methods and field conditions. And the standard estimation system is applied to basic data for the measuring of construction cost, such as the consumed quantity of material, labor hours, and machinery cost. However it does not reflect sufficiently for the diversity and reality of constructions work Therefore, this study is recognized the necessity of new cost estimation models for the rational construction cost estimation. To improve estimation technique and construction ability, it was analyzed labor hours, production volume based on the work crew in construction work.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2020.06a
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• pp.171-172
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• 2020

Recently, the need for smart construction technologies related to the Fourth Industrial Revolution has been increasing in order to improve productivity of the construction industry. The Ministry of Land, Infrastructure and Transport has established Smart construction technology road map to commercialize the smart construction, and research and development is also underway. However, due to the lack of cost estimation standards for such smart construction technologies to be deployed to actual sites, smart construction technologies are not actively applied to construction sites. In particular, cost estimation standards are needed for construction machinery equipment with ICT technology that is currently available for commercialization. Therefore, as a preliminary study for the development of smart construction cost estimation standards, a case study was conducted on ICT construction estimation standards in Japan and present them as basic data for standards in Korea.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2023.05a
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• pp.339-340
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• 2023

Steel construction is one of the commonly used methods in building construction due to its efficiency in terms of time and cost. In particular, the top-down method using steel frames is widely used in the construction of underground structures in urban areas to shorten the construction period. However, there is currently no standardized cost estimation for subway steel frame construction in Korea, causing difficulties in determining the expected cost. In this study, we aim to provide basic data for establishing a cost estimation standard for subway steel frame construction through on-site surveys of subway steel frame construction commonly used in urban areas.

• Plant Journal
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• v.8 no.1
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• pp.50-59
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• 2012

The current dual-watchdog estimation system has individually calculated the construction, the engineering and the procurement cost. The dual-watchdog estimation system is inefficient and prolonged estimation period because of the lack of the interoperability and the difference of material unit cost and construction unit cost. In order to resolve this problem, new estimation software was developed. The estimation software is developed by making up for the weak points in existing estimation method. The cost data with the same standard is the key point. And this software enhanced accuracy and speed of the data search in stylized estimation standard. A summary of the construction, the engineering and the procurement cost was generated in this estimation software. The unit rate about the labor cost, equipment and expense through a sheet was handled. The developed estimation software has five categories on engineering cost, procurement cost, construction cost and subcontractor management sheet. In this study, the estimation software to supplement the faults of the existing estimation method was developed. And estimation software on petrochemical projects increases an efficiency of the estimation work.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2022.04a
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• pp.198-199
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• 2022

Reinforced concrete is the most widely used construction method for constructing structures. There is a lot of process for constructing Reinforced concrete structures such as installing rebars, molds and support, mixing and placing concrete, and curing. So the reinforced concrete work accounts for a large part of the total construction cost for constructing structure. For this reason a reasonable standard for estimating the cost of reinforced concrete construction has to be established and it will be possible to secure appropriate costs for construction work. In this study, we analyze the revision factors of the standard for estimating the cost of reinforced concrete construction and present them to secure reasonable construction costs.

• Journal of Information Technology Services
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• v.16 no.3
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• pp.47-65
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• 2017

The reference guide for the cost of establishing the digital documents has been used as a basis for establishing the budget for the construction of the knowledge information resource. However, due to the abolition of the nominal unit price notification in terms of IT projects, it is necessary to conduct research to convert the standard of the current labor force grade standard to the national incompetency standard (NCS). In this study, we investigate and revise the system and contents of the current knowledge information cost estimation model. In specific, i) we conducted gap analysis of cost estimation model and existing NCS model. As the contents conforming for the construction of the knowledge information resource were not adoptable, we define the description of the construction of the knowledge information resource and to identify the core elements of NCS prior to the improvement of the cost model. ⅱ) then we proposed improve the cost model considering integration with newly proposed NCS model for knowledge information construction job. In order to ensure the validity of the application of NCS development and cost estimation model, the experts reviewed relevant contents and made plans for improvement by using experts from supply and demand groups of various fields of national knowledge informatization projects.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2016.05a
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• pp.235-236
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• 2016

The importance of construction management has been increasing due to the fact that complex construction projects blend several different industries depending on the traits of the construction. This research was conducted to search for a method to enhance efficiency in cost management of construction project and meet the need for reusability of accumulated construction information. The process of detailed estimation and methodology for using standard unit price information has been developed to strengthen the interoperability in cost information by utilizing a standard classification system. The concept of ontology is proposed as a method of connecting construction information based on a standard breakdown structure to increasing the connectivity of the cost information in the construction project. Therefore, construction information knowledge framework is developed in order to improve the efficiency of the detailed estimation work process.

• International Journal of Highway Engineering
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• v.11 no.1
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• pp.85-94
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• 2009

In cost estimation of construction, several methods including quantity-per-unit costing, job costing, unit cost estimation and lumpsum estimation are being utilized in Korea. Among them, a Quantity-per-unit Costing Method is used as a standard of cost estimation in public and private works. This paper presents the realistic job-costing method on all road construction tasks through statistical analyses with field survey data to solve the problems induced by the existing quantity-per-unit costing method. Furthermore, it was found that the newly developed job costing method is able to produce a simple costing procedure and a more actual construction cost estimation by a case study, which was performed to compare particular construction costs produced by two different methods, existing quantity-per-unit costing and newly developed job costing. These methods is compared by Case-study about sub-base. In the case of Job costing method, the estimate is shorter than the other case about 50% and can make up for the weak point about instrument in the current Standard of cost estimation. And it can be depict by Job Costing method about progress of work for using by a plan about construction management.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2007.11a
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• pp.607-612
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• 2007

Early cost estimation promote efficient budget plan by comparing alternatives and presenting cost information However it is hard to predict accurate cost because of vague cost standard and lack of available information in the early stage. The precious cost model has limitations in the accuracy because they are simple linear model which uses the unit cost per kilometer. This study presents the framework of early cost estimation for road construction projects to overcome the limitation of previous cost model. This study analyzed domestic and foreign cost model and cost data of previous road construction project to present method of cost model framework.

• Korean Journal of Construction Engineering and Management
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• v.9 no.2
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• pp.170-181
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• 2008

Cost of construction project have to be estimated based on drawing before execution. Cost estimate and check would be performed numerously for preparing general outline of requirements and determining the budget at conceptual planning stage, for obtaining decision on every matter related to design, specification, construction and cost at design stage, and for predicting bidding cost. Thus, importance of cost estimation cannot emphasize too much in construction. However, there are lack of standard estimation method, process, and cost analysis method, that square foot estimation method is as used as eyer, in Korea. Thus, This research present the direction for improving cost estimation and management in construction; It is demanded that establishing standard data base methodology, multi-level database model CUBE, and standard cost planning process, choosing cost estimation methodology according to objectives and cost planning process, and making more experts.