• Title/Summary/Keyword: construction related costs

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A Study on the Calculation of Construction Project Cost of Healthcare Facility Business Plan (의료시설 사업계획서의 건축사업비 산정에 관한 연구)

  • Choi, Kwangseok
    • Journal of The Korea Institute of Healthcare Architecture
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    • v.27 no.2
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    • pp.7-14
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    • 2021
  • Purpose: The purpose of this study is to provide an effective construction project cost estimation tool for preparing a business plan of healthcare facilities which can be practically used for development projects. Methods: In order to provide a tool for calculating construction project costs, this study analyzed the Building and Related Laws, the Building Technology Promotion Laws, the Ministry of Land, Infrastructure and Transport notifications and directives, the Ministry of Trade, Industry and Energy notifications, the detailed guidelines of the Ministry of Strategy and Finance, the Building Service Industry Promotion Acts, various certification standards, actual project budget calculation cases, etc. with advices from related experts. Results: 1) Construction cost is classified into construction costs, architectural design costs, supervision costs, incidental costs, and each sub-element. In particular, since there are many incidental cost items, essential items to be reviewed during planning are derived and costs are calculated according to appropriate consideration criteria. 2) Criteria for Payment calculation mainly applies the construction cost rate method or the actual cost fixed amount method in consideration of the characteristics and scope of work. Implications: There are many calculation factors that need to be applied to the construction project cost. Therefore, it is necessary to organize the calculation process more clearly.

IDENTIFICATION OF SOME FAILURE COSTS AND THEIR PERCEIVED ROOT CAUSES IN CONSTRUCTION

  • Saad Al-Jibouri;Martijn Oude Vrielink
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.184-189
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    • 2009
  • In 2008 the total estimated failure costs in the Netherlands was estimated to be 11.4% of the industry's turnover compared to 7.7% seven years earlier. Failure costs can be the consequence of rework as a result of failure to conform to the product requirements and specifications or due to inefficient processes and bad management practices. Many construction companies however are unaware of the exact nature of these costs, their root causes or how to control them. This paper describes work carried out in the Netherlands to identify the different types of failure costs in construction and their root causes. The research described builds on previous findings by another research institution and expands it to include information collected from project cases and a survey of a number of project managers in the construction industry. The paper describes the analysis of the results from cases and the survey to identify the root causes of failure costs. Research shows, for example, that many failure costs are related to the client taking late decisions and making changes to the project requirements.

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A Basic Study on Construction Costs Comparison between LEED and non-LEED Certified Educational Buildings (교육시설물의 LEED 인증유무에 따른 공사비 비교를 위한 기초연구)

  • Ha, SunGeun;Jang, JunHo;Kim, JiMyong;Son, Kiyoung
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2017.05a
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    • pp.262-263
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    • 2017
  • Currently, the environmental certification such as BREEAM and LEED has been improved for the sustainable development and related research is conducted continuously. Especially, in the respect of economy, it is reported that the construction costs of the certified buildings are more increased than non-certified buildings. However, the report has not focused on the educational building but the residential and commercial buildings. Therefore, the objective of this study is to analyze the difference of construction costs between LEED and Non-LEED educational buildings. To achieve the objective, the buildings data are collected in 21 universities then T-test is used for examining the construction costs. As a result, it shows that the construction costs of LEED buildings are increased by 3.8% comparing with non-LEED buildings.

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The effects of construction related costs on the optimization of steel frames

  • Choi, Byoung-Han;Gupta, Abhinav;Baugh, John W. Jr.
    • Structural Engineering and Mechanics
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    • v.43 no.1
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    • pp.31-51
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    • 2012
  • This paper presents a computational study that explores the design of rigid steel frames by considering construction related costs. More specifically, two different aspects are investigated in this study focusing on the effects of (a) reducing the number of labor intensive rigid connections within a frame of given geometric layout, and (b) reducing the number of different member section types used in the frame. A genetic algorithm based optimization framework searches design space for these objectives. Unlike some studies that express connection cost as a factor of the entire frame weight, here connections and their associated cost factors are explicitly represented at the member level to evaluate the cost of connections associated with each beam. In addition, because variety in member section types can drive up construction related costs, its effects are evaluated implicitly by generating curves that show the trade off between cost and different numbers of section types used within the frame. Our results show that designs in which all connections are considered to be rigid can be excessively conservative: rigid connections can often be eliminated without any appreciable increase in frame weight, resulting in a reduction in overall cost. Eliminating additional rigid connections leads to further reductions in cost, even as frame weight increases, up to a certain point. These complex relationships between overall cost, rigid connections, and member section types are presented for a representative five-story steel frame.

Analysis and Realistic Estimation of Maintenance Cost of Construction Equipment Expenses (건설기계 경비의 관리비 구성 분석 및 현실화)

  • Kim, Kyung-A;Huh, Young-Ki
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.503-508
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    • 2007
  • The Equipment Expenses section of the Poom-Saem, that is used for Construction Cost Estimation on public sectors in Korea, has been rarely revised, and so does not reflect changes of construction equipment technology and construction methods, since it was established based on data from Japan and the U.S in the early 1960s. In order to make reasonable estimation of maintenance costs(Interest, Storage, Insurance, Tax), the equipment expenses section of the Poom-Saem and the domestic and overseas documentary records were investigated. Further, 16 construction sites were visited, and 20 Construction Equipment leasing services were surveyed. Based on results from analysing figures related with the estimation of maintenance costs, the maintenance cost is redefined. Then, construction equipment was classified into 6 exclusive construction equipment and general one, and realistic figures of the maintenance cost, which consists of interest, storage, insurance, tax, are suggested respectively. The optimum level of each item which consists of equipment costs was revealed based on the result of the analysis on the figures of equipment costs calculation from the Poom-Saem and the collected data. The research will be the foundation that helps to estimate appropriate construction costs and the ground work of related studies.

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An Analysis of Classification and Causes for Construction Waste of Apartment Building Projects (공동주택 건축공사의 공종별 폐기물의 종류와 발생원인 분석)

  • Seo, Jong-Min;Kim, Sun-Kuk
    • KIEAE Journal
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    • v.7 no.5
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    • pp.127-133
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    • 2007
  • Each year the amount of construction wastes increases at a rapid pace. Particularly, wastes from apartment housing projects that make up 89.14% of the total construction projects have increased about 48% as compared with those of the year 2000. Construction wastes are therefore rising as an issue related to environmental problems and disposal costs. And there are ongoing studies of the disposal, control and recycling of construction wastes. Mitigation measures for the wastes, however, have been a rare subject of research that focuses on waste-generating factors by activity during apartment housing projects. Given that, the purpose of this study was to categorize construction wastes by work type and to identify the factors causing wastes in order to reduce them. This study investigated the amount of the wastes from apartment housing constructions by activity as related to disposal costs, and examined causes in the ordering, transport, material management and construction stage, respectively. The analysis results will likely bring about expectation effects that help reduce the generation of the wastes by establishing action plans.

AN APPROACH FOR ESTIMATING TOTAL COST OF OCCUPATIONAL SAFETY FOR BUILDING CONSTRUCTIONS

  • Gurkan Emre Gurcanli;Nesimi Teoman Korkutan;Ugur Mungen
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.168-175
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    • 2011
  • Construction accidents are major problem in Turkish Construction industry and especially fatally rates are very high. Current legislative system on occupational safety in Turkey enforces employers to implement safety measures as well as safety management systems. However level of consciousness in the industry is unsatisfactory and safety are perceived as extra cost and unnecessary expenditure. Moreover, especially in small residential building constructions which have a big share in the industry and unfortunately safety measures to mitigate or abate construction risks do not exist. The study focuses on small residential building construction sites and in the scope of this study, thirty building projects are examined. For each building project, project cost including labour and material costs, service and consultancy costs for mechanical, electrical systems as well as architectural and structural services, costs for supervision and finally general expenditures for construction site facilities were calculated. On the other hand, occupational safety costs for personal protective equipment, collective protective measures, consultancy and training were determined. Work breakdown structures were established and for each work item firstly occupational risks were evaluated and furthermore according to risk scores safety measures to be implemented were defined and related costs were calculated. The study gave results for total safety cost on average, in terms of percentage of total project cost (3.73% of total project cost), safety cost per man-hour (0.40 USD) and safety cost in terms of unit construction area (11.60 USD per square meter). Since safety management is a part of whole project management process, study gives suggestions and techniques to calculate safety costs and implement safety measures as a part of project management service for professionals. Authors believe that suggested approach may easily developed by the usage of more data to establish a model for estimation not only for building construction sites but also for all construction projects.

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Estimating Relative Risk Level of Construction Work (건설공사 상대적 위험도 산정)

  • Son, Ki-Sang;Yang, Hak-Soo;Gal, Won-Mo
    • Journal of the Korean Society of Safety
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    • v.21 no.5 s.77
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    • pp.53-59
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    • 2006
  • Standard safety management costs can not be applied to each site with same rate, it is very difficult, because it depends on the experience, work method, work kind, work progress schedule, and hazard level of each construction company. Therefore, this study is to find out hazard level of each work kinds through questionnaire and interview and investigate analyze the status which standard safety management costs have been used. Also, this study is to show reasonable rates of standard safety management costs in construction industry and to set up countermeasures against those problem after reviewing its status in korea with in Japan and Europe. The domestic system of standard safety management costs is not considered in the foreign country, while only related subjective items have been investigated and evaluated for this study. This study is to investigate eleven project kinds of domestic system, first, and to investigate eleven items of apartment bldg, office, civil work such as bridge, tunnel, dam, plant etc, secondly. Additionally, three items of gymnasium, railway, particular steel tower are investigated in this study. Also this study is to investigate and analyze performed costs of presently processing worker finished work so that it shows a new reasonable rate against standard safety management costs in construction industry, in order to make basial data and material to be systemized.

An Analysis of Influential Factors and their Prioritization in Association with the Loss from Construction Disasters with a Focus on Uninsured Categories (건설재해손실 영향요인 및 우선순위 분석 - 비보험비용 항목을 중심으로 -)

  • Yang, Yong Koo;Kim, Byung Suk
    • Journal of the Korea Safety Management & Science
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    • v.16 no.3
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    • pp.23-34
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    • 2014
  • With a view to analyzing the influential factors and their prioritization in association with the loss from construction disasters, this study has presented relative weighted value and importance for each category of loss by making a systematic classification of costs for non-insured categories (indirect costs) and conducting AHP analysis based on results of a survey of specialists. Through the study, first, I have divided the larger classification of loss factors into human loss factor, financial loss factor, special cost factor, and managerial loss factor, and, second, have presented prioritization of loss categories by allotting scores based on weighted values after calculating weighted value through pairwise comparison of loss levels. Based on these results of the study, we should be able to qualitatively calculate the loss costs that construction disasters inflict on business, promote rational decision-making and efficiency in spending related to a disaster, and compare it against safety investment designed to reduce disaster loss from the perspective of business strategy.

Prediction of Building Construction Project Costs Using Adaptive Neuro-Fuzzy Inference System(ANFIS) (적응형 뉴로-퍼지(ANFIS)를 이용한 건축공사비 예측)

  • Yun, Seok-Heon;Park, U-Yeol
    • Journal of the Korea Institute of Building Construction
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    • v.23 no.1
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    • pp.103-111
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    • 2023
  • Accurate cost estimation in the early stages of a construction project is critical to the successful execution of the project. In this study, an ANFIS model was presented to predict construction costs in the early stages of a construction project. To increase the usability of the model, open construction cost data was used, and a model using limited information in the early stage of the project was presented. We analyzed existing studies related to ANFIS to identify recent trends, and after reviewing the basic structure of ANFIS, presented an ANFIS model for predicting conceptual construction costs. The variation in prediction performance depending on the type and number of membership functions of the ANFIS model was analyzed, the model with the best performance was presented, and the prediction accuracy of representative machine learning models was compared and analyzed. Through comparing the ANFIS model with other machine learning models, it was found to show equal or better performance, and it is concluded that it can be applied to predicting construction costs in the early stage of a project.