• Title/Summary/Keyword: total construction cost

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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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Presumption Method for Optimum Correction Rate of Total Construction Cost Using the Median based on Historical Data Analysis in Public Office Buildings (공공건축물 실적자료 분석에 따른 중위수를 활용한 총공사비의 적정보정율 추정방법)

  • Yim, Jin-Ho;Park, Jun-Mo;Kim, Ok-Kyue
    • Journal of the Korea Institute of Building Construction
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    • v.14 no.5
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    • pp.415-422
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    • 2014
  • There is growing difference between a planned value and an actual cost for increasing as an risk of construction cost. A construction cost index is an alternative to redeem a problem, but it is still very difficult to reduce an actual differential as a price fluctuation. Furthermore an existing theory of a construction cost index is overly complex, and is unsuitable for using in working-level. This study suggests an optimum correction rate in respect of a total construction cost. It is analyzing the actual cost of 53 public buildings that the Public Procurement Service ordered. The objects are main processes that include architectural works, mechanical works, electrical works, telecommunication works, and service facilities. It is compared a total construction cost based on absolute error rate using the median from frequentist principle. For this, it is selected the suitable regression model and set a correction rate.

Cost Analysis Study : Development of HVAC&R System Cost Estimation and Prediction Methodology for Office Buildings (사무소 건물의 HVAC&R 시스템 공사비 분석방법 및 예측에 관한 연구)

  • Cho, Jinkyun;Shin, Seungho;Kim, Jonghurn
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.26 no.3
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    • pp.115-121
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    • 2014
  • HVAC&R system costs can often be one of the most expensive components, representing approximately 15% of the total construction cost for office buildings. Despite their significant importance, there is a lack of a consistent and homogeneous framework to approximate the estimate research. This research deals with the prediction methodology of HVAC&R system cost with the aim of establishing a common idea for the analysis of the construction cost estimate. Our approach deals with the concept of an HVAC&R set that is composed of subsystems. The matrix combination analysis is examined, and total 960 HVAC&R system cost estimation can be implemented to large scale office buildings.

Process of Cost Estimation in Feasibility Analysis Considering ratio of Renewable Portfolio Standard (신·재생에너지 공급의무화제도(RPS) 비율을 고려한 타당성 분석의 공사비 산정 프로세스)

  • Yang, Hyun-Ju;Kim, Jong-Hyeob;Han, Sangwon;Hyun, Chang-Taek
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2014.05a
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    • pp.44-45
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    • 2014
  • Recently the Korean government also has strictly restricted a law such as GBCC(Green Building Certification Criteria)and RPS(Renewable Portfolio Standard) on the construction. Especially the government announced a obligation of renewable energy consumption over 12% for all the public buildings of total area over 1,000㎡ since 2014. Regarding to the policy, this study presented the economics of energy analysis of the public office buildings that supplies 12% renewable energy output in the early stage of construction project. This paper calculated on CO2 emission by the geothermal, solar heat, and solar photovoltaic system and estimated the saving cost. Reduced cost through the energy saving are predicted to influence on the total construction cost. As a result air pollution and energy saving cost are expected that renewable energy system would be saving total initial cost of construction on planning phase.

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The Research about Increase and Decrease of the Construction Cost by the Alteration of Design (설계변경에 의한 공사비의 증감에 관한 연구)

  • Im Chil-Soon;Lee Gyu-Chel
    • Korean Journal of Construction Engineering and Management
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    • v.4 no.4 s.16
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    • pp.106-113
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    • 2003
  • The purpose of this thesis is to provide an appropriate trade-off information for the conflicting interests caused by the various factors between building owner and contractor during selecting the contractor and performing the construction work, in which the construction was contracted by open bidding from the government or private organizations. In order to propose the legitimate evidence, the differences between the domestic contract sheet of drawing change and the process of drawing change and those of the foreign countries were compared and analysed The number of construction ordered in Youngdong area in 2001 whose construction expenses are more than 100,000,000 won is 218 items and 147,005,000,000 won in total cost Among them, the number of 218 items whose total cost amounts to 16,705,000,000 (11.36$\%$) is in case of increase of construction expenses due to the drawing changes, and the number of 48 items whose tool cost amounts to 2,009,000,000 won (1.37$\%$) is the case of decrease. In conclusions, the contractor could have more benefits than the building owner in case they submit the detailed estimate sheet without eliminating the increasing expenses of construction. It is shown that the building owner's loss is increasing whenever the labor cost is higher material cost Therefore, this thesis proposes a proper standards for the harmonious compromise between the contractor and the building owner for the problems caused by the drawing changes when the contract agreement is occurred.

An Empirical Analysis on the Presumption of Public Apartment's Construction Cost in Housing Land Development Project (택지개발사업의 공공주택건설공사비 추정의 실증적 분석)

  • Kim, Seong-Hee
    • Korean Journal of Construction Engineering and Management
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    • v.12 no.2
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    • pp.81-88
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    • 2011
  • Providers haven't recently had a flexible construction cost estimation system to meet various needs of consumers about public housing. So the subject of this study is to estimate construction cost reasonably in early project stage of public housing and then develop reliable means which is able to support construction cost management and establish a adequate funding investment plan as a provider. In this study, Regression analysis was performed by the case on 20 public apartment complex which were designed from the first half of 2007 to the first half of 2008. A total construction cost of construction, civil engineering, machinery, elevator, land scape, electricity and communication work was used as one sample for increasing explanation and representativeness of the case. In addition, The total construction cost which is devided into design, contract and completion cost was variously analysed for increasing relevance of model and actual utilization. The result of estimation model based on a total construction cost set up completion and design cost showed that error rate is within 2%, which is a excellent result. The estimation model of the construction cost developed by this study is expected to estimate approximate construction cost which is adjacent real construction cost in early stage of the project by using some data.

A Study of the Application for Proper Construction Cost Estimating Method based on the Actual Cost Data (실적자료에 의한 적정 건축공사비 산정 방법에 관한 사례연구)

  • Cho Jae-Ho;Park Sang-Jun;Chun Jae-Youl
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.383-386
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    • 2001
  • The ability to make good cost overruns predictions is a very important aspect of in major construction project. The probabilistic cost models can provide more reliable than traditional cost models which have been used in korea to prepare Bill of Quantities, if the actual cost data are sufficient enough to analyze the trends of the variables. The paper considers non-deterministic methods in a cost estimate. The method(referred to as the 'Monte Carlo simulation' method) interprets cost data indirectly, to generate a probability distribution for total costs from the deficient elemental experience cost distribution. The objectives of this research is to develop a method to forecast the probabilistic total construction cost and the elemental work cost

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Basic study of reuse planning automation algorithms on system forms that are used on girders and beams (보용 시스템 거푸집의 전용계획 자동화 알고리즘 기초연구)

  • Lim, Chaeyeon;Kim, Sunkuk
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2015.05a
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    • pp.7-8
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    • 2015
  • Formwork accounts for 10% of the total construction cost and 30~40% of the framework cost, which is a fairly large part. Various system forms were developed for improved economic feasibility and constructability of formwork and for reduced construction duration. In general, the price of system forms per unit area is higher than that of the conventional method, yet the total construction cost can be reduced through higher reusability and constructability. However, if the reusability of forms is excessively increased to cut down the material cost, it may increase the construction duration, which will result in cost increase. On the other hand, if the reusability is decreased for reduction of construction duration, it may lead to cost increase caused by excessive input of materials. To solve such a problem, an algorithm for simplified reuse planning that meets the requirements of construction duration, cost, quality and safety is required. In this regard, the study intends to perform a fundamental research for development of reuse planning automation algorithms on system forms that are used on girders and beams.

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Suggestions on Efficient Cost Management for Public Construction Projects - Focused on Total Project Cost Management System- (공공건설사업 사업비 관리의 문제점 및 개선방안 - 총사업비관리제도를 중심으로-)

  • Chang, Chul-Ki
    • Korean Journal of Construction Engineering and Management
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    • v.14 no.3
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    • pp.12-21
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    • 2013
  • Total Project Cost Management System(TPCMS) was introduced with the purpose of increasing the efficiency of cost control for public construction project in 1994. In this paper, general perception of participants of the public construction project on the TPCMS was examined, and the problems in implementing the TPCMS was figured out through expert interviews and survey. Then better ways to implement the system were drawn based on the problems. To effectively manage the cost of public construction project, basically project cost should be estimated accurately in planning stage and managed based on it to have a project complete within the budget. In addition, the cost need to be managed in more systematic ways in terms of data collection and analysis, and the autonomy in managing the project cost given to the project owner needs to be expanded. Most of all, proper budget should be provided to prevent a project from delay through setting the priority of projects and proper budget allocation based on the priority.

A Study on the Construction of Computerized Algorithm for Proper Construction Cost Estimation Method by Historical Data Analysis (실적자료 분석에 의한 적정 공사비 산정방법의 전산화 알고리즘 구축에 관한 연구)

  • Chun Jae-Youl
    • Korean Journal of Construction Engineering and Management
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    • v.4 no.4 s.16
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    • pp.192-200
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    • 2003
  • The object of this research is to develop a computerized algorithm of cost estimation method to forecast the total construction cost in the bidding stage by the historical and elemental work cost data. Traditional cost models to prepare Bill of Quantities in the korea construction industry since 1970 are not helpful to forecast the project total cost in the bidding stage because the BOQ is always constant data according to the design factors of a particular project. On the contrary, statistical models can provide cost quicker and more reliable than traditional ones if the collected cost data are sufficient enough to analyze the trends of the variables. The estimation system considers non-deterministic methods which referred to as the 'Monte Carlo simulation. The method interprets cost data to generate a probabilistic distribution for total costs from the deficient elemental experience cost distribution.