• Title/Summary/Keyword: total construction cost

Search Result 579, Processing Time 0.032 seconds

Improvement of the Calculation Standard for Prolongation cost of Domestic Public Construction Project (국내 공공 공사 공기연장 간접비 산정 기준 개선방안 - 국가계약법 및 지방계약법 산정기준의 비교 고찰 -)

  • Jeong, Kichang;Lee, Jaeseob
    • Korean Journal of Construction Engineering and Management
    • /
    • v.17 no.4
    • /
    • pp.95-102
    • /
    • 2016
  • Recently, a research regarding calculation of construction time extension-oriented incidental costs has been intensively suggested in quantitative aspect and recent studies on system improvement has been made continuously. In the case of Domestic Public Construction Works, State Contract Act is applied when the client is government whereas Local Government Contract Act is done when the client is local government, but more meticulous study is required because improvement plan is not proposed even there is a clear demand for improvement of these problems on calculation standard. Thus this study suggested appropriate standard by comparing each the calculation standards followed by 'State Contract Act' and 'Local Government Contract Act', considering the problems accorded, and analyzing field cases. Calculation method of other expenses was differently regulated as the revision of each regulation, and this demonstrates that there is a difference of actual cost from 12.37% to 24.95%. It is shown that less cost of construction time were calculated than actual cost according to a problem of calculation method by State Contract Act as the rate at the time of contract to be applied in other expense rate. This study suggested the rate against incidental cost and the rate of other expense per day against total construction cost as an appropriate rate calculation for other expense based on field database.

Recalculation of Monthly Weather Table for Construction Standard Cost Estimating on Aerial Photogrammetry (항공사진측량 품셈 개정을 위한 월별천후표 재계산)

  • Song, DongSeob
    • Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
    • /
    • v.37 no.6
    • /
    • pp.571-577
    • /
    • 2019
  • Since the introduction of digital cameras in an aerial-photogrammetry field on 2006, the technological paradigm related to the photogrammetry has been shifting from the analog types to digital types. However, current construction standard cost for the aerial-photogrammetry and the digital mapping are being mixed with analog-based concepts and digital-based methods. In the current standard cost, the monthly weather table is closely related to the calculation of the number of flying days in a taking of aerial photograph. The current monthly weather table uses the results calculated from the observation data of total cloud amount from 1999 to 2007. In this study, the monthly weather table was calculated using the total cloud data during ten years from 2009 to 2018. As a result, the newly calculated number of clear days for 29 stations was analyzed as 44 days decreased by 6 days. The maximum number of clear days decreased in Jinju as 23 days, and the highest decreased clearing days was February.

An Exploratory Study of EVMS Environment Factors and their Impact on Cost Performance for Construction and Environmental Projects

  • Aramali, Vartenie;Sanboskani, Hala;G. Edward Jr., Gibson;Asmar, Mounir El
    • International conference on construction engineering and project management
    • /
    • 2022.06a
    • /
    • pp.170-178
    • /
    • 2022
  • A high-performing Earned Value Management System (EVMS) can influence project success and help stakeholders meet project objectives. Although EVMS processes are well-supported by technical guidelines and standards, project managers often face challenges related to the project culture, team, resources, and business practices that make up the project environment within which an EVMS is being used. A comprehensive literature review revealed a lack of a data-driven and consistent assessment frameworks that can gauge the environment surrounding EVMS implementation. This paper will discuss the EVMS environment of construction and environmental projects, and examine its impact on cost performance. The authors used a multi-method approach to identify 27 environment factors that make up the EVMS environment, assessing them on 18 construction and environmental projects worth over $2 billion of total cost. Research methods employed include: (1) a literature review of more than 300 references; (2) a survey of 294 respondents; and (3) remote research charrettes with more than 60 participating expert practitioners. Culture (one of the identified environment categories) was found to be relatively more important in terms of its impact on the EVMS environment, followed by people, practices, and resources. These exploratory results show statistically significant differences in cost performance between completed projects with either a good or poor environment, for the sample projects. Key environment factors are outlined, and guidance is provided to practitioners around how to set up an effective EVMS environment in a construction or environmental project to inform decision-making and support achieving the project cost objectives successfully.

  • PDF

Development of Water Supply System under Uncertainty

  • Chung, Gun-Hui;Kim, Tae-Woong;Kim, Joong-Hoon
    • Proceedings of the Korea Water Resources Association Conference
    • /
    • 2009.05a
    • /
    • pp.2179-2183
    • /
    • 2009
  • As urbanization is progressed, the network for distributing water in a basin become complex due to the spatial expansion and parameter uncertainties of water supply systems. When a long range water supply plan is determined, the total construction and operation cost has to be evaluated with the system components and parameter uncertainties as many as possible. In this paper, the robust optimization approach of Bertsimas and Sim is applied in a hypothetical system to find a solution which remains feasible under the possible parameter uncertainties having the correlation effect between the uncertain coefficients. The system components to supply, treatment, and transport water are included in the developed water supply system and construction and expansion of the system is allowed for a long-range period. In this approach, the tradeoff between system robustness and total cost of the system is evaluated in terms of the degree of conservatism which can be converted to the probability of constraint violation. As a result, the degree of conservatism increases, the total cost is increased due to the installation of large capacity of treatment and transportation systems. The applied robust optimization technique can be used to determine a long-range water supply plan with the consideration of system failure.

  • PDF

An Empirical Study on Top Management's Leadership in Construction Quality Management Activities and Construction Quality Management Performance (최고경영자의 리더십이 건설품질경영활동과 건설품질경영성과에 관한 실증연구)

  • Cho, Jin-Ho
    • Journal of Korean Society for Quality Management
    • /
    • v.45 no.3
    • /
    • pp.403-426
    • /
    • 2017
  • Purpose:?The purpose of this study is to analyze the causal relationship between top management 's leadership and construction quality management activities that affect construction management performance based on construction quality management. Methods:?As its method, the causal relationship between the leadership of top management and the key management factors of construction quality management activities affecting management performance is analyzed by using the structural equation model. The construction companies used in the analysis sample conducted surveys on companies that are conducting ISO, KOSHA, OHSAS, DQC, and so on. Results:?It was revealed that top management's leadership has a great influence on management performance and all management factors of construction quality management activities. However, safety management does not affect the management performance of construction quality management activities. And top management's leadership on management performance are explained by the mediating effect of cost, time, quality and communication among management factors of construction quality management activities. Conclusion:?In the previous study, the quality management activities and the ISO - based integrated total quality management system (TQM) applied in the manufacturing or service industries were presented as empirical results. However, this study presents the results of different studies by presenting empirical study results by selecting time, cost, quality, safety and communication as key management factors of quality management activities of construction companies through reviewing and analyzing previous studies in construction field.

Reinforced-Concrete Works Productivity Analysis on Nuclear-Power-Plant Project

  • Lim, Jin-Ho;Huh, Young-Ki;Oh, Jae-Hun;Seo, Hyeon-Taek
    • International conference on construction engineering and project management
    • /
    • 2015.10a
    • /
    • pp.600-601
    • /
    • 2015
  • Both the importance and process of estimating Nuclear-power plant construction time and cost have increased in significance as energy user costs themselves have become more significant. In estimating construction time, few parameters are more significant than work item production rates and factors significantly affecting the rates. A standardized data collection tool was used to acquire a total of 401 data points from a S Nuclear-power plant project, for selected critical works: form-work, rebar-work, and concrete-pouring. With the data, several hypothesized drivers of the man-hour production rates and crew-day production rates were also analyzed. Findings from this study will enable industry professionals to enhance accuracy of time and cost estimation for nuclear power plant construction.

  • PDF

Similarity Searching System Development for Construction Material (건축 자재 유사도 검색 시스템 개발)

  • Choi, Byoung-Il;Lee, Eun-Ji;Ko, Yong-Ho;Han, Seung-Woo
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2014.05a
    • /
    • pp.32-33
    • /
    • 2014
  • The appropriate selection of a construction material is important considering the effect on the total project cost and quality. However, the methodologies of the existing systems and databases to suggest search results have been analyzed to lack reliability. Therefore, this study suggests a material searching methodology that results in quantitative results using similarity.

  • PDF

Risk based Value Index Evaluation Model for Modular Design Alternatives in Plant Construction Projects (플랜트 건설사업의 모듈러 설계대안별 RVI 평가 모델)

  • Kang, Hyun Wook
    • Korean Journal of Construction Engineering and Management
    • /
    • v.23 no.5
    • /
    • pp.98-107
    • /
    • 2022
  • The purpose of this study is to suggest a model for evaluation of a risk based value index for modular design alternatives in plant construction projects. Accordingly, 1) Setting the basic project cost and the scope to apply the module, 2) Evaluating the importance, easiness, and effectiveness index for Engineering, Procurement, Fabrication, transportation, and construction work, 3) Estimating the total project cost by analyzing the risk reserve Step, 4) Comparing the effectiveness index and total project cost for each modular design alternative, it was composed of the steps of deriving RVI. To verify such a model, Plan-A, which applied a module to one process, and Plan-B, which applied a module to three processes, were composed to evaluate RVI.

Resource-constrained Scheduling at Different Project Sizes

  • Lazari, Vasiliki;Chassiakos, Athanasios;Karatzas, Stylianos
    • International conference on construction engineering and project management
    • /
    • 2022.06a
    • /
    • pp.196-203
    • /
    • 2022
  • The resource constrained scheduling problem (RCSP) constitutes one of the most challenging problems in Project Management, as it combines multiple parameters, contradicting objectives (project completion within certain deadlines, resource allocation within resource availability margins and with reduced fluctuations), strict constraints (precedence constraints between activities), while its complexity grows with the increase in the number of activities being executed. Due to the large solution space size, this work investigates the application of Genetic Algorithms to approximate the optimal resource alolocation and obtain optimal trade-offs between different project goals. This analysis uses the cost of exceeding the daily resource availability, the cost from the day-by-day resource movement in and out of the site and the cost for using resources day-by-day, to form the objective cost function. The model is applied in different case studies: 1 project consisting of 10 activities, 4 repetitive projects consisting of 40 activities in total and 16 repetitive projects consisting of 160 activities in total, in order to evaluate the effectiveness of the algorithm in different-size solution spaces and under alternative optimization criteria by examining the quality of the solution and the required computational time. The case studies 2 & 3 have been developed by building upon the recurrence of the unit/sub-project (10 activities), meaning that the initial problem is multiplied four and sixteen times respectively. The evaluation results indicate that the proposed model can efficiently provide reliable solutions with respect to the individual goals assigned in every case study regardless of the project scale.

  • PDF

A Study on the Estimation of the Contingency by the Regression Analysis on the Apartment (회귀분석을 통한 공동주택 공사예비비 산정에 관한 연구)

  • Lee Man-Hee;Lee Hak-ki
    • Proceedings of the Korean Institute Of Construction Engineering and Management
    • /
    • autumn
    • /
    • pp.226-229
    • /
    • 2003
  • Construction manager must consider the possibility on the failure of the project in advance and the contingency to provide against the situation, those of which is a dangerous condition not to predict. If they have a quick decision without understanding the contingency, the over-cost in the total cost would be continuously accumulated, and be a barrier at a project going in progress. A various risk could not be coped with at a time to decide either going or sloping the project until the contingency is applied from the first step to progress the project. But a case to apply the contingency to the construction for the investment or the analysis of the project is a little. The process to evaluate it is also absent. The propose of this paper is the followed ; To establish the total cost including the risk first of all, devide into plus or minus factor of the cost, and then the process to calculate the contingency must be suggested by the regression analysis.

  • PDF