• Title/Summary/Keyword: construction costs

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An Empirical Approach Study on Construction Cost Estimation in Public Work Projects (공공사업 예정공사비에 대한 실증적 접근)

  • Yoo, Chang-Kyu;Song, Jeong-Gyu;Lee, Yun-Sun;Kim, Jae-Jun
    • Journal of the Korea Institute of Building Construction
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    • v.9 no.1
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    • pp.65-73
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    • 2009
  • Looking at current construction costs estimations of publicly declared public works, there are many instances where estimation criteria are ambiguous and doesn't imply the reality. Up to date, estimation criteria for calculating construction cost estimations are simply by unit area multiplication and stochastic construction cost estimation. However, possibility of making errors are high due to using uniform data that excludes each public work's specifications and environmental conditions. Further, on the aspect of cost management, there is certain limitation in the efficiency of cost management in order-placing stage and commencing-work stage; while efficient cost management and reduction of expenses are highly possible during initial stages of the project. In this respect, the paper adopts positive approach with regards to construction cost estimations of public works and draws common elements from calculation tables of the construction cost estimations from 3 completed domestic construction works; after which, the paper analyzes whether business exposition, construction guide and publicly-declared estimated construction costs that the orderer issued are calculated economically and properly; deducing problems in the process, the paper seeks to recommend rational calculation method on this.

A CBR-BASED COST PREDICTION MODEL FOR THE DESIGN PHASE OF PUBLIC MULTI-FAMILY HOUSING CONSTRUCTION PROJECTS

  • TaeHoon Hong;ChangTaek Hyun;HyunSeok Moon
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.203-211
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    • 2009
  • Korean public owners who order public multi-family housing construction projects have yet to gain access to a model for predicting construction cost. For this reason, their construction cost prediction is mainly dependent upon historic data and experience. In this paper, a cost-prediction model based on Case-Based Reasoning (CBR) in the design phase of public multi-family housing construction projects was developed. The developed model can determine the total construction cost by estimating the different Building, Civil, Mechanical, Electronic and Telecommunication, and Landscaping work costs. Model validation showed an accuracy of 97.56%, confirming the model's excellent viability. The developed model can thus be used to predict the construction cost to be shouldered by public owners before the design is completed. Moreover, any change orders during the design phase can be immediately applied to the model, and various construction costs by design alternative can be verified using this model. Therefore, it is expected that public owners can exercise effective design management by using the developed cost prediction model. The use of such an effective cost prediction model can enable the owners to accurately determine in advance the construction cost and prevent increase or decrease in cost arising from the design changes in the design phase, such as change order. The model can also prevent the untoward increase in the duration of the design phase as it can effectively control unnecessary change orders.

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An Analysis of the Duration of the Construction Document Phase of Large Public Building Projects Delivered by the Total Solution Service from 2009 to 2014 (공공기관 발주 대형건축공사 실시설계 기간에 대한 분석 및 개선방안 -2009년부터 2014년까지 공공발주 맞춤형 서비스 프로젝트를 중심으로 -)

  • Jung, Wooyoung;Lee, Taewon;Rhee, Pung-wook;Lee, Ghang
    • Korean Journal of Construction Engineering and Management
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    • v.16 no.4
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    • pp.89-97
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    • 2015
  • This paper analyzes the duration of the construction document (CD) phase of 42 large public building projects delivered by the total solution service of Public Procurement Services in Korea from 2009 to 2014. The quality of construction documents significantly affects the quality of construction and facility management. Thus, securing appropriate time for the CD phase during project planning is important for the quality of a project. Currently, the duration of the CD phase is planned based on the construction costs of a project following a notice of the Ministry of Land, Infrastructure and Transport. However, our analysis results showed that the correlation between the actual duration of the CD phase and construction costs is very weak. The actual CD phase takes 1.33-1.79 times longer than the planned duration. The practitioners who were interviewed, were already aware that the correlation between the duration of the CD phase and the construction costs is weak. They identified the complexity of the project, the extent of the design changes, project type, client characteristics, and others as more influential factors on the CD phase than the construction costs. To improve the quality of CDs, a new guideline for determining an adequate CD phase duration should be studied and developed.

A Case Analysis of the Economic Impact on Accidents during Excavation (터파기 공사 사고의 경제적 영향 사례분석)

  • Go, Kwang-Ro;Lee, Ghang;Choi, Myung-Seok
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2008.05a
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    • pp.7-10
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    • 2008
  • As the land price in the downtown area increases, buildings are becoming bigger, deeper and higher. Consequently, the importance of underground construction has increased. Although construction engineers make every effort to complete underground construction without any problem, construction failures like landslides and the collapse of a retaining wall occur because of the uncertainty of the soil conditions as well as the unexpected risks of excavation work. In order to prevent potential excavation accidents, it is essential to understand the causes and impacts of such accidents. However, there are only a few examples of construction failures, which show the economic impact on accidents during excavation because of the sensibility of the information. This paper presents two cases of excavation accidents, which were investigated by construction insurance company. The compensation for the accidents paid by the insurance company was compared with the estimated costs calculated based on the estimation method for excavation accidents proposed by our previous study. The comparison results showed that the estimate calculated by our method was much less than the actual compensation because the estimate solely focused on the construction costs whereas the compensation included other external factors.

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Organizational Transformation Strategies for Adopting Building Information Modeling in the Engineering-Construction Industry

  • Yong Han Ahn;Young Hoon Kwak;Sung Jun Suk
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.94-102
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    • 2013
  • The architecture, engineering and construction (AEC) industry is beginning to utilize Building Information Modeling (BIM), benefiting from the resulting improved visualization and productivity, better coordination of construction drawings, building documents that contain embedded links to virtual information, faster delivery, and lower costs. However, construction firms often face challenges when reorganizing their company structure to take full advantage of these benefits. This paper proposes an organizational structure that will enable engineering-construction firms to successfully adopt and implement BIM for major construction projects. A case study research method is utilized based on in-depth interviews with four BIM directors and vice presidents charged with BIM adoption, implementation and education. Organizational transformation challenges and recommendations are discussed in detail for those considering implementing BIM in the engineering-construction industry. Topics such as organizational changes in the firm, costs and benefits of BIM implementation, strategies of BIM implementation (execution) plan, BIM education, risks and opportunities associated with BIM, BIM software, contract methods, human resource management and new hires, and the future implementation and direction of BIM are discussed in detail.

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A Study on the Cost Criteria for Street Tree Pruning through Field Survey (현장실태 조사를 통한 가로수전정 원가기준 마련 연구)

  • Oh, jar-hoon;Ahn, Bang-Yul
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2022.04a
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    • pp.210-211
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    • 2022
  • Pruning is the most important work for the growth and aesthetics of street trees. It is also the most actively conducted maintenance work. However, the specifications, application methods, and cost criteria for pruning have not been systematically established. This has recently caused a lot of confusion in the practice of street tree pruning, such as indiscriminate pruning and lack of construction costs. Therefore, this study clarified the contents of work according to the form of pruning. It added 'aesthetic pruning,' which takes into account design. In addition, It revised equipment not in conformity with the law and excluded personnel necessary for on-site traffic control so that they could be reflected separately. As a result, this study is expected to contribute a lot to securing appropriate construction costs for maintaining street trees.

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Investigation of the effect of weak-story on earthquake behavior and rough construction costs of RC buildings

  • Gursoy, Senol;Oz, Ramazan;Bas, Selcuk
    • Computers and Concrete
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    • v.16 no.1
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    • pp.141-161
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    • 2015
  • A significant portion of residential areas of Turkey is located in active earthquake zones. In Turkey occurred major earthquakes in last twenty years, such as Erzincan (1992), Kocaeli and $D{\ddot{u}}zce$ (1999), $Bing{\ddot{o}}l$ (2003), Van (2011). These earthquakes have demonstrated that reinforced concrete (RC) buildings having horizontal and vertical irregularities are significantly damaged, which in turn most of them are collapsed. Architectural design and arrangement of load-bearing system have important effect on RC building since architectural design criteria in design process provide opportunity to make this type of buildings safer and economical under earthquake loads. This study aims to investigate comparatively the effects of weak story irregularity on earthquake behavior and rough construction costs of RC buildings by considering different soil-conditions given in the Turkish Earthquake Code. With this aim, Sta4-CAD program based on matrix displacement method is utilized. Considering that different story height and compressive strength of concrete, and infill walls or their locations are the variables, a set of structural models are developed to determine the effect of them on earthquake behavior and rough construction costs of RC buildings. In conclusion, some recommendations and results related to making RC buildings safer and more economical are presented by comparing results obtained from structural analyses.

A Study on the Estimation of Elemental Costs for an Apartment Building (공동주택에 대한 부위별 공사비 산정에 관한 연구 - 사례 H사의 실행단가를 중심으로 한 연구 -)

  • Kang, Hyun-Wook;Yoo, Jong-Hwan;Kim, Yong-Su
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.2
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    • pp.173-181
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    • 2007
  • The purpose of this study is to estimate elemental costs of an apartment building. The adapted research method includes a case study from $^{\circ}{\AE}H^{\circ}{\phi}$ construction company. The results of this study are as follows: 1) An elemental cost format of an apartment building is proposed, 2) An elemental cost table based on a case study of $^{\circ}{\AE}H^{\circ}{\phi}$ construction company is suggested.

Development of a model for an equation for estimating construction costs based on the resource-based cost estimating system for TBM (TBM 공법의 자원기반 적산 방식에 의한 개산 공사비 예측 식 모델 개발)

  • Han, Seung-Hee;Park, Hong-Tae
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.14 no.3
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    • pp.1474-1480
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    • 2013
  • This study attempted to estimate construction costs in accordance with the resource-based cost estimation (unit cost price) system by diameter for TBM method, and analyzed the direct cost and the total cost. Based on such figures, this study performed a regression analysis and proposed a model for an equation for estimating construction costs. model for the resource-based cost estimation (unit cost price) system classified by diameter for TBM method proposed by this study can be effectively applied to business planning, preliminary investigation, feasibility study, construction cost estimations in the early design stages.

Investigating the Maintenance Cost of Rest Areas: A Case Study of Nevada

  • Shrestha, Kishor;Shrestha, Pramen P.
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.624-631
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    • 2022
  • Highway Rest Areas are envisioned to provide an accessible space for rest and parking for travelers, especially those driving a long distance. In addition, modern highway Rest Areas provide many amenities to highway users, including wifi service, picnic tables, litter barrels, running water, public telephones, and sometimes even free coffee. Various studies were conducted in the domain of Rest Area facility design and their operating costs in different states; however, limited studies were conducted on the maintenance costs of these facilities. Therefore, this study's main objective is to compute the annual maintenance cost of Rest Areas in the state of Nevada. This study also analyzes the main cost categories of the maintenance works. The raw cost data of Nevada Rest Area maintenance from 1990 to 2012 were collected from the Nevada Department of Transportation (NDOT). Results show that the maintenance cost fluctuated over the study period; the maintenance cost decreased from 1991 to 2004 and then increased until 2012. The primary cost categories of maintenance work are labor, equipment, and material costs. Among these, labor cost was the largest category with 56 percent of the total maintenance cost, followed by equipment cost and material cost. The findings of this study may help NDOT and other transportation agencies plan their budget for future Rest Area maintenance activities.

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