• Title/Summary/Keyword: construction costs

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A Study on the Improvement of Cost Calculation Model of Recycling Treatment Facility for Estimation of Construction Waste Disposal Fee (건설폐기물 처리대가 산정을 위한 중간처리시설의 비용산정 모델 개선에 관한 연구)

  • Chang-Hak, Kim;Jun-Yeong, Lee;Hyo-Jin, Kim
    • Land and Housing Review
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    • v.14 no.1
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    • pp.135-144
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    • 2023
  • LH Corporation uses the construction waste disposal fee standard, of which the model was developed a long time ago. Therefore, this model is problematic because it needs to reflect waste treatment facilities' technological development and environmental conditions. In this study, the estimated manpower and costs required for the process operation of waste treatment facilities were analyzed, followed by the proposed estimation criteria. This improved standard model can be used as a cost calculation standard for the recycling and treatment of construction waste in public institutions. The study also suggests that an increase in waste treatment costs is needed.

A Standard Section-Based Approximate Cost Estimating Model on Tunnel (II) - Cost Variance Index Table and Test - (표준단면을 이용한 터널 공사비 예측모델 개발 (II) - 공사비 변동 모델 및 검증 -)

  • Cho, Jeongyeon;Kim, Sang-Kwi;Kim, Kyoungmin;Kim, Kyong Ju
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.28 no.5D
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    • pp.677-684
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    • 2008
  • The paper provides an approximate cost estimating model that can be used for tunnel. Based on the previous study analyzed critical factors that have impact on tunnel construction cost, this paper establishes a cost variance index table that reflects the cost impacts due to the change of the critical cost factors. An estimating procedure is described utilizing the index table. For the verification of the suggested model, the comparison of the estimated construction cost with real project cost is performed. The estimated results range from 95%~111% of the real project costs. As an approximate tunnel cost estimating model, the model can be utilized to quickly estimate tunnel construction costs based on the conceptual information at the planning stage and to efficiently make a decision on design alternatives.

Economic Feasibility Analysis for Introducing Integrated Management System for Supporting Underground Construction (지하구조물건설 현장지원 통합관리시스템 도입을 위한 경제적 타당성 분석)

  • Baek, Hyeon Gi;Jang, Yong Gu;Seo, Jong Won
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.30 no.5D
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    • pp.513-522
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    • 2010
  • Underground construction for traffic networks, complexes, and storage facilities has risen as an effective land use plan for dealing with emerging problems such as overcrowded urban cities and traffic jams. This paper performed an economic feasibility analysis of the development of the integrated field management system which provides field workers and managers with 3D-based location tracking and clear communication during underground construction works. To conduct the analysis, processes and problems of field management for underground construction were analyzed and deduction in accidents and field management costs and productivity improvement were estimated as expected benefits. Based on computed benefits and costs, an economic analysis was conducted using Benefit/Cost ratio(B/C), Net Present Value(NPV), and Internal Rate of Return(IRR) and then sensitivity analysis was performed to cope with the uncertainty of assumed variables.

A Study on Benefit/Cost Analysis of Form Work Methods for High-rise Residential Buildings (고층 주거건축물 거푸집의 편익/비용 분석에 관한 연구)

  • Kim, Jae-Yeob;Kim, Jae-Hyun
    • Journal of the Korea Institute of Building Construction
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    • v.10 no.4
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    • pp.49-57
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    • 2010
  • Selecting an appropriate formwork to fit the construction of a high-rise building is an important factor that can influence the success or failure of a construction. Currently, however, the reality is that in domestic high-rise building construction, the selection of an appropriate formwork with consideration of the characteristics of the formwork has not been done in a reasonable manner. To select formwork in a systematic and reasonable fashion, comprehensive consideration is required that must not only include the aspect of construction costs, but also air, quality, safety, and environmental issues. Therefore, this study aims to rationalize the selection process of formwork by applying the scientific method of Analytic Hierarchy Process (AHP) to the selection process of formwork, in terms of construction costs, quality and safety. To do this, the researcher investigated the current status of formwork being used in high-rise residential building construction. Then, based on the results of this investigation, the researcher selected an alternative for the formwork, and taking construction experts as the subjects of this study, conducted a survey on the applicability of the formwork as well as the priority of management thereof when selecting formwork. It is judged that the results of this research will contribute a more scientific and reasonable decision-making process than the existing non-scientific method in selecting formwork for high-rise residential building construction.

For Accuracy Improvement of High-tech Factory Construction Costs Predictions, Derivation of Correction Factors by Factory Capacity (하이테크 공장 건설 사업비 예측 정확도 향상을 위한 공장 생산량 기반 세부 공사별 보정계수 도출)

  • Choi, Seong Hoon;Kim, Jinchul;Oh, Jae Young;Kwon, Soonwook
    • The Journal of the Korea Contents Association
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    • v.21 no.11
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    • pp.203-212
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    • 2021
  • The high-tech industry, a highly knowledge-intensive industry based on advanced technologies such as electronics, new materials, and IT, is developing rapidly centering on the semiconductor, display, and battery fields. The market size of this industry is continuously increasing, and various challenges are coming forward due to various factors such as changes in the market, changes in demand, and the requirements of the clients. Many strategies are being implemented to advance the start-up time of factories, such as fast-track construction and basic line construction. Therefore, construction of high-tech factory is required to respond to various types of construction plans and early decision making, and an accurate and reliable method of calculating construction costs is needed. In this study the existing construction type was classified into the overall line configuration considering the total production of the factory, and a basic line configuration for quick production start-up. The correction ratio/value for each detailed construction required to calculate the construction cost of the basic line configuration type was derived. Finally, reliability and accuracy were verified by applying the correction ratio suggested in this study to a new high-tech factory construction project.

The Development of a Construction Project Collaboration System: eWorks21 (eWorks21: 건설프로젝트협업시스템의 개발)

  • 구상회;최성철
    • The Journal of Society for e-Business Studies
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    • v.6 no.3
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    • pp.149-161
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    • 2001
  • Construction and engineering is one of the world largest industry. Yet, it Is one of the most inefficiently operated industry. Since buildings are not constructed by mass production, construction projects usually require intense communication and collaboration between participants, who are usually widely dispersed. That is the main reason for the inefficiency. eWorks21 that we developed in this research, is a project management system that can improve communication and collaboration among project participants using the Internet. eWorks21 can reduce project life-cycle, costs, and increase revenue, resource utilization, controls, transparency, and competitiveness, which will eventually provide infrastructure for knowledge management of construction projects. In this research, we classified currently available project collaboration systems, and analyzed the benefits gained by using project collaboration systems. Then we describe the implementation of eWorks21, and discuss employment and utilization strategies of project collaboration systems.

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A Study on a System of Resolving Claim according to the Delay of Construction Projects - Focus on Liquidated Damages - (공기지연에 따른 클레임 대응방안에 관한 연구 - 지체상금을 중심으로 -)

  • 이영민;이상범;김정길
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2002.11a
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    • pp.111-116
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    • 2002
  • The delay of the completion of the construction project occurs frequently because the origin schedule is affected by numerous factors that contribute to the overall delay in completing the project. But in our country. the dealing with a claim is not sufficient yet by reasons of fairl relation between owner and constructor, cognitive shortage in claim, and such. especially they have make a wrong application of baseless the rule. In this study. we make a rational model ; that includes calculating of dispute costs, and suggest the solution and the prevention for claim by considerating the law followed liquidated damages.

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Analysis of Construction Cost and Influence Factors on Horizontal Ground Heat Exchangers (수평형 지중 열교환기 시스템의 시공비 및 영향인자 분석)

  • Yoon, Seok;Lee, Seungrae
    • New & Renewable Energy
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    • v.10 no.3
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    • pp.6-13
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    • 2014
  • This paper presents a computational study of thermal performance and construction cost of horizontal ground heat exchangers (GHEs). GLD (ground loop design) simulations of various type of GHEs were carried out. Construction costs were also calculated based on standard estimating, and compared with vertical type GHE system. Besides that, dummy regression analysis was conducted to study the influence of design parameters on the simulation results in horizontal ground heat exchanger system.

기획단계에서의 최적 개산견적산정의 방법론 고찰

  • Kim Chan-Joong
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.120-125
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    • 2003
  • The estimated construction costs derived at the Planning stage of a project are utilized as important data determining the feasibility of overall project. Therefore the clients usually expect to have estimations of the construction cost as precise as possible and there has been extensive studies carried out by the cost specialists worldwide to satisfy this client's specific need whereas the local estimators still heavily rely on producing quantities and detail quotations only. This paper is to introduce a case study where elemental/functional area cost analysis is incorporated into a database system for the improved accuracy in cost estimations.

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Project scheduling by FGP to Time-Cost-Quality trade off: construction case study

  • Faregh, Najmeh;Ketabi, Saeedeh;Ghandehari, Mahsa
    • Journal of Construction Engineering and Project Management
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    • v.4 no.3
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    • pp.53-59
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    • 2014
  • Project managers are responsible to conduct project on time with least amount of costs and the most possible quality with respect to shortage of resources and environmental certainties. They have to make the best decision to reach such conflicting objects. In this study the project scheduling with multi goals-multi modes was planned in fuzzy conditions under resource constraints and expanded by fuzzy goal programing (FGP). The project cost was calculated by the price of renewable resources and the quality criteria were evaluated by the quality function deployment method (QFD). Finally the model was verified by a construction case study with 22 activities along with solving by GAMS. The results showed that this model could provide a systematic framework to facilitate the decision making process and made the project managers to be able to schedule the project closer to reality.