• Title/Summary/Keyword: total construction cost

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A Study on the Improvement of Total Cost Change Control in Private Investment Projects (민간투자시설사업에 있어 총사업비 변경관리의 개선방안 연구 - 고속도로 민간투자시설사업을 중심으로)

  • Kim Se-Jong;Kim Yong-Su
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.119-126
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    • 2001
  • This paper analyzes problems related to total cost changes in private investment projects, and then proposes an improvement measure for the control of cost changes within the framework of the project management, contract, human resource, project communication, cost, and time management. From the viewpoint of contract management, the basis of cost change ought to be cleared up with standardization of related provisions in the concession agreement, and potentiality of change ought to be excluded with prescription of the private investor's leading role from the design phase. Regarding human resource management, this paper proposes a standard work flow granting much sovereign rights to private parts by putting restriction on work scopes of the entrusted authority of government, and transferring the rights of assignment, contract, and control about the responsible supervisor to the concessionaire. With regard to project communication management the notification of changes on drawings and technical documents ought to be automated and the realtime database ought to be established with DMIS (Drawings & Documents Management Information System). From the cost management point of view, this thesis integrates the control of cost-change-approved items and disapproved items to one cost breakdown system, and then harmonizes the actual progress with EVMS in time management.

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A Study on the Performance Evaluation of Form Using the Aluminum Alloy Frame Reinforced Panel (Aluminum 합금재 Frame을 이용한 벽체거푸집공법의 성능평가에 관한 연구)

  • 안재철;오상균;강병희
    • Journal of the Korea Institute of Building Construction
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    • v.1 no.1
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    • pp.135-142
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    • 2001
  • This study is for the investigation of form using the aluminum-compound metal frame(Aluminum frame reinforced panel : AFR panel) which is improved in the capacity in the wall-concrete structure in steal of using the existing form which has problems such as, excessive exposure of cement, the loss of labor when it is constructed or disjointed, and it's economical efficiency compared with that of EURO Form. AFR panel passes the KS F 8006 test, and as a result of field test, it's displacement is satisfied with Specification. And using AFR panel is more economical than that of EURO Form because saving labor cost which plays a major part in cost saving in formwork is more effective in retrenching total cost than increment of material cost.

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Quantitative estimation system development for project similarity (주요 건물군의 유사도 정량화 측정 시스템)

  • Lee, Eun-Ji;Choi, Byoung-Il;Ko, Yong-Ho;Han, Seung-woo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2014.05a
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    • pp.162-163
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    • 2014
  • Operation and maintenance stage consists the largest portion of project life cycle cost. Appropriate management and analysis of such stages have massive effect on the total project cost. The effective prediction of optimized repair period is one of main factors in ㅌ management. However, it has been analyzed that the prediction of appropriate repair period revealed limitations in reliability. Therefore, this study suggests a methodology of repair period prediction by dividing finished projects into similar groups with same properties to be compared with the target project using quantitative variables.

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A Study on an application of PERT/CPM for process Management (공정관리를 위한 PERT/CPM 활용에 관한 연구)

  • 이종철;강규철
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.6 no.9
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    • pp.7-18
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    • 1983
  • In this paper, I have approached the problem of scheduling that can be reasonably cost down and duration down in the tenement house by using PERT/CPM technics. The tenement house of 'M' construction company consistute 78 element workings in total. I made out the net-work scheduling through 78 element workings, after calculating by computer, G-COS 101, I reduced the duration and cost by MCX, and then enforced from the least cost slope to six times. Resulty, I attained PERT/CPM scheduling for construction scheduling ; a) Make Possible the effectiveness budgeting control b) How the scientific materials c) Make possible the reasonably decision making d) Strengthen the material control by relevance of element workings e) Make possible the duration down through the least cost.

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Implementation of Customized EPM for Collaborative Resource Procurement in Small and Medium Size Plant Construction Enterprises (중소플랜트기업의 협업자원조달을 위한 Customized EPM구현)

  • Nam, Jung-Tai;Kim, Sung-Hun;Han, Young-Geun
    • Journal of the Korea Safety Management & Science
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    • v.10 no.2
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    • pp.133-141
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    • 2008
  • The need for total enterprise management that covers from accepting orders, design, cost, procurement, manufacture, and delivery has been recently raised in order for efficient project management of small and medium size plant construction enterprises. This trend is reflected in the introduction of EPM(Enterprise Project Management) solutions by some shipbuilding enterprises and large construction corporations. In step with the trend, small and medium size plant construction enterprises are enabled to provide knowledge base in terms of reducing cost and production period and managing portfolio for accepting orders and attaining contract by inducing customized EPM This study presents a design of customized EPM based on a case study of a company. It exhibits a collaborative/collaboration resource-supply model which can be universally applied to small and medium size job-order production enterprises. The research discusses that under the assumption that information is shared internally between departments on planning, supply, manufacture, and quality control in order to create collaborative environment and close participation is created externally between suppliers and orderers, productivity can be improved in cost reduction through planning efficient collaborative supply model.

A Process for Replacing BIM Property Information about Internal Finishing of Office Building in Design Phase (업무시설 설계단계 BIM 내부마감 속성정보 교체 프로세스)

  • Han, Ji-Ho;Nam, Dong-Hee;Park, Sang-Hun;Koo, Kyo-Jin
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2023.05a
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    • pp.207-208
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    • 2023
  • The procedure of predicting the construction cost and selecting the best alternative is performed based on comparative review of each building case. In the case of office building, it is required continuously until design is complete, since the owner requirements are various and likely to change during the design process compared to a standardized apartment. However, since the comparison work for each alternative in practice uses only the unit construction cost, there is no correlation between the alternative and the final result, and it is difficult to quantitatively determine the effect of the determined design factor on the total construction cost. It is needed that a means to support the generation of design alternatives using similar building cases during the design phase. This paper proposes a BIM-based data replacing process to support creating and comparison of design alternatives of internal finishing for office building. When design alternatives are created through the proposed process, it is possible to compare several similar cases with current project under equivalent design circumstance. Because only some finishing properties are replaced while maintaining the shape information such as the length, height, and base constraint of the object to be replaced.

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Application of Activity-Based Costing(ABC) for Modular Building Construction Indirect Costs Calculation at the Manufacturing Stage (활동기준원가계산법(Actvitiy-Based Costing)에 의한 모듈러 건축물 공장제작단계 간접비 산정 방안)

  • Lee, JeongHoon;Park, Moonseo;Lee, Hyun-Soo;Lee, Kwang-Pyo;Hyun, Hosang
    • Korean Journal of Construction Engineering and Management
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    • v.16 no.4
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    • pp.139-145
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    • 2015
  • Modular construction is combined with manufacturing production process and conventional construction industry technique. Considering characteristic of modular construction production process, manufacturing facilities require indirect costs for utilities, equipment, and overall maintenance, which can affect modular units pricing. However, current modular construction cost classification is inadvertent to reflect the manufacturing overhead costs, because it is generally added as a percentage to sum of labor, material and equipment as it called in single cost pool used. This process is easy to estimate the total construction cost at the project starting points, but it brings on misunderstanding of project profit estimations by "cross subsidization phenomenon". To prevent this situation, in this research aims to provide modular construction overhead cost handling process at the detailed indirect cost calculation for manufacturing stage using Activity-Based Costing as one of the powerful method for overhead costs estimation and allocation. Using this research results, modular construction cost estimators have more detailed cost information of modular units and prevent to misallocate indirect costs. Also, it can be utilized to aid the understanding of the company's profit structure.

Risk-based Decision Model to Estimate the Contingency for Large Construction Projects (리스크 분석에 기초한 대형건설공사의 예비비 산정에 관한 연구)

  • Kim Du-Yon;Han Goo-Soo;Han Seung-Hun
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.485-490
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    • 2003
  • Nowadays the rapid change in construction environment getting more globalized and complicated has caused lots of unexpected risks from inside and out of the country, so more sophisticated construction management strategies are being strongly needed. This paper suggests a risk management model with which we can estimate the appropriate contingency by quantifying the amount of probable risks immanent in large construction projects, which have a high degree of uncertainty in the anticipation of the total construction cost. To develop the model, the risk factors that make cost variations are elicited based on the real data of the contingencies assigned to the past projects. Furthermore, the influential relationship of risk factors is structured by applying the CRM(Cost Risk Model) which is the synthetic model of Monte Carlo Simulation, Influence Diagram and Decision Tree. The ultimate outcome of this research can by validated by tile case study with a large construction project performed.

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Development of Wave Breaking Construction Method for Shore Protection using New Type of Precast Preforated Concrete Block (프리캐스트 유공식 호안블록을 이용한 소파감쇄 신공법개발)

  • 이주호;박광순;박경래;염종윤;배한욱
    • Proceedings of the Korea Concrete Institute Conference
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    • 1997.10a
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    • pp.743-748
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    • 1997
  • In this paper, a new type of precast perforated concrete block is presented to be used in the construction of a step seawall. The overtopping rate of the perforated step seawall is lower than that of the traditional non-perforated step seawall. In construction stage, the cost of total construction of the perforated block is cheaper than that of traditional block. The new type of perforated block may be used as an alternative for shore protection facility.

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Cost effective design of RC building frame employing unified particle swarm optimization

  • Payel Chaudhuri;Swarup K. Barman
    • Advances in Computational Design
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    • v.9 no.1
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    • pp.1-23
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    • 2024
  • Present paper deals with the cost effective design of reinforced concrete building frame employing unified particle swarm optimization (UPSO). A building frame with G+8 stories have been adopted to demonstrate the effectiveness of the present algorithm. Effect of seismic loads and wind load have been considered as per Indian Standard (IS) 1893 (Part-I) and IS 875 (Part-III) respectively. Analysis of the frame has been carried out in STAAD Pro software.The design loads for all the beams and columns obtained from STAAD Pro have been given as input of the optimization algorithm. Next, cost optimization of all beams and columns have been carried out in MATLAB environment using UPSO, considering the safety and serviceability criteria mentioned in IS 456. Cost of formwork, concrete and reinforcement have been considered to calculate the total cost. Reinforcement of beams and columns has been calculated with consideration for curtailment and feasibility of laying the reinforcement bars during actual construction. The numerical analysis ensures the accuracy of the developed algorithm in providing the cost optimized design of RC building frame considering safety, serviceability and constructional feasibilities. Further, Monte Carlo simulations performed on the numerical results, proved the consistency and robustness of the developed algorithm. Thus, the present algorithm is capable of giving a cost effective design of RC building frame, which can be adopted directly in construction site without making any changes.