• Title/Summary/Keyword: total construction cost

Search Result 579, Processing Time 0.043 seconds

Analysis of Cost Benefit Related to Appointing a Health Care Manager in the Construction Industry (건설업 보건관리자 선임 관련 비용편익분석)

  • Jung, Hye-Sun;Yi, Jee-Seon;Shin, In-Jae;Choi, Eun-Hi
    • Korean Journal of Occupational Health Nursing
    • /
    • v.25 no.2
    • /
    • pp.130-140
    • /
    • 2016
  • Purpose: The construction worker has diverse harmful factors such as noise, dust, and dealing with chemicals. Therefore this research aimed to examine the necessity of appointing a health manager in the construction industry by examining the cost-benefit analysis when the construction industry appoints a health manager. Methods: In order to calculate the healthcare staff employment cost and the benefits from their activities in 1,425 construction companies with the staff of 300 or more people during 2011, this study analyzed existing data and existing research data, as well as national data. Results: Total annual costs were 99,920,070,900 won and total annual benefits were 324,807,182,625 won. Benefits were found to be 224,887,111,725 won exceeding costs. Benefit/cost ratio resulting from appointing a health manager in the construction industry workplaces was 3.25 times. Conclusion: The findings of this research can be used as the base data to make rational decision to positively encourage the employment of healthcare staff in construction companies pursuant to relevant laws.

How to Use Standard Market Prices for Ordinary Management System of Construction Equipment Prices in Poom-Saem (시가표준액을 활용한 건설공사표준품셈 건설기계가격 상시관리 방안)

  • Ahn, Bang-Ryul;Huh, Youngki;Kim, Dae Young;Tae, Yong-Ho
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2014.11a
    • /
    • pp.98-99
    • /
    • 2014
  • Construction equipment cost is critical to estimate the total construction costs, particularly in large and complicated projects. Despite its importance, the construction equipment cost may not reflect the current market value since the equipment database is being updated every 6 years at most. To keep construction equipment cost up to date, it is highly recommended to use the standard market price that is reported each year by the Ministry of Security and Public Administration (MOSPA). However, there is still a gap to adopt the standard market price system for the construction equipment cost computing system. Therefore, this paper suggests an effective way to develop a construction equipment cost estimation system.

  • PDF

Comparative Study of Cost Estimate System in Landscape Architectural Construction - Comparison of Unit Price between Actual Construction Cost and Standard Quantity per Unit - (조경공사 적산방식의 비교연구 - 실적공사비와 표준품셈의 단가비교 -)

  • Jung, Un-Soo;Choi, Key-Soo
    • Journal of the Korean Institute of Landscape Architecture
    • /
    • v.40 no.2
    • /
    • pp.97-111
    • /
    • 2012
  • This study aims to find a proper construction cost calculation method by comparing unit prices of cost estimate in landscape construction among other public ordering construction projects. There were 7 out of 12 items from the actual work cost in the first half of 2011 were compared. The 12 items were classified as landscape Architectural construction and the 7 items were the approximate standard. As applied construction types, the comparable 35 items out of the 80 actual work cost items applied to 5 sites were compared to the unit price of the standard quantity per unit in March 2011, which was the approximate standard. Actual construction rate of the 7 items in the category of landscape sector was 104.86% for each item and 92.09% as a total construction cost. The high actual construction rate was caused by the high rate of seed spray depending on the status of applying rocks. However, there were more fundamental reasons for the cost generated from aslope treatment for grass and seed spray. So, it requires more detailed regulations on the modification factors for each soil type, the standard and needs to improve theillogical standard quantity per unit system. Actual construction rate of the 35 items in the applied sectors of civil engineering and architecture was 78.65% for each item and 71.31% (70.17%) as a total construction cost. This shows that actual unit cost cannot reflect actual cost structurally and standard quantity per unit system lacks practicality in terms of construction due to thelabor force. 85.1~91.2 % actual construction rate announced by the Ministry of Land and Maritime Affairs referred to the newly switched items. So the result was estimated as actual construction rate. This requires supplementation after verification in order to make the actual work cost produce at a proper rate. Also, standard quantity per unit system needs complementation with these actual data and so on.

Analysis of Defect Repair Cost by Work Type based on Defect Inspection of Apartments (공동주택의 하자진단에 기초한 공종별 하자보수비용의 분석)

  • Lee, Jin-Eung;Kim, Byung-Yun;Jeong, Byung-Joo
    • Journal of the Korea Institute of Building Construction
    • /
    • v.15 no.5
    • /
    • pp.491-500
    • /
    • 2015
  • This study investigated defect status by work type, based on the report data of defect inspection results, acquired by consumers' request to safety inspection agencies, before the expiration of legal defect repair warranty period. In fact, the data was not acquired by centering on suppliers, namely, construction companies in relation with the defects becoming causes to increase construction cost of apartments. This study aims to provide objective and basic data for quality improvement at construction stage and for solution to defect disputes. The study results are presented below: (1) The number of defect cases occurring from architectural work among total work types were 1,986, defect occurrence rate was 62.5%, and defect repair cost was KRW $25,851/m^2$, which stood at 78.2% of the total work types. This means the defect occurrence rate and defect repair cost in architectural work are bigger than those of other work types. (2) Major defects in architectural work were revealed in the following order: cracks from frame work, inferior interior finishing work, inferior finishing work of plaster/masonry works, water leak/damage from waterproof work and withering/omission from landscape work. The total repair cost of the major selected defects was KRW $12,220/m^2$, and was analyzed to take up 37% of the total defect repair cost.

A Study on the Analysis of Cost Adjustment Scenarios by Bidding Method through Analysis of the Total Project Cost Management Process (총사업비 관리 프로세스 분석을 통한 입·낙찰 방식별 공사비 조정 시나리오 분석 연구)

  • Kim, Kyeongbaek;Lee, Gayeoun;Kim, Sangbum
    • Korean Journal of Construction Engineering and Management
    • /
    • v.21 no.2
    • /
    • pp.30-38
    • /
    • 2020
  • Inadequate cost management has widely been recognized as one of the most problematic areas in the Korean construction industry as many believes that public cost references are not reasonably reflecting the market conditions. 'Total Project Cost Management Guideline' developed by Ministry of Economy and Finance(MOEF) to govern public budget control has been identified as one of the main reasons for this problem. This study attempts to thoroughly review 'Total Project Cost Management Guideline' itself and quantitatively analyze the impact of it on project cost during procurement process. Different procurement methods are considered including turnkey & alternative, private contract, qualification examination, and lowest price bidding system in this quantitative impact analysis of 'Total Project Cost Management Guideline'. Analysis results shows that this governmental process works mainly as a constant cost-cutting tool throughout the procurement process.

Construction of Time - Cost Model for Building Projects in Vietnam

  • Long, Le-Hoai;Lee, Young-Dai;Cho, Jeong-Wook
    • Korean Journal of Construction Engineering and Management
    • /
    • v.10 no.3
    • /
    • pp.130-138
    • /
    • 2009
  • Bromilow's time-cost (BTC) relationship was examined for building projects in Vietnam using actual construction time and total construction cost. Data set was collected from 77 historical building construction projects completed between 1999 and 2005 which were adjusted by consumer price index (CPI) to 2000 price. Time-cost equations were specified respected to two sectors, public and private, in Vietnamese construction industry and all cases. It is shown that a public funded building project has the longer construction duration than a similar budget private funded project. The resulting models are statistically significant. The adjusted R-square coefficients of all cases, public and private projects models are respectively 0.403, 0.436 and 0.377 mean that the BTC regression lines moderately fit the data set.

A Study on the Factors for Revision of the Reinforced Concrete Construction Cost Estimation Standard (철근콘크리트 공사비산정기준 개정요인에 관한 연구)

  • Song, Tae-seok;Ahn, Bang-yul
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2022.04a
    • /
    • pp.198-199
    • /
    • 2022
  • Reinforced concrete is the most widely used construction method for constructing structures. There is a lot of process for constructing Reinforced concrete structures such as installing rebars, molds and support, mixing and placing concrete, and curing. So the reinforced concrete work accounts for a large part of the total construction cost for constructing structure. For this reason a reasonable standard for estimating the cost of reinforced concrete construction has to be established and it will be possible to secure appropriate costs for construction work. In this study, we analyze the revision factors of the standard for estimating the cost of reinforced concrete construction and present them to secure reasonable construction costs.

  • PDF

The Fact-finding and Analysis of the Environmental Management Cost in Construction Projects (건설공사의 환경관리비용 계상 및 운용 실태 분석)

  • Choi, Min-Soo;Kang, Woon-San
    • Korean Journal of Construction Engineering and Management
    • /
    • v.6 no.5 s.27
    • /
    • pp.186-192
    • /
    • 2005
  • The purpose of this study is to find the reality of environmental management cost in construction projects and to suggest some policies in order that owners appropriate the environmental management cost reasonably in the construction budget for reducing the environmental pollution at job sites. We surveyed the actual state of appropriating and expending the environmental management cost over 122 construction sites. According to the results of the survey, while the appropriated rate of the environmental management cost was 0.59% of the total construction cost. the expended rate reached at 0.94%. When examining the antipollution facilities which were operated in job sites, the investment for equipment against air-pollution such as tire washer, dust-proof device was relatively higher than other antipollution equipment. As the method appropriating the environmental management cost, we concluded that a quantity-per-unit costing method is more reasonable than appropriating at a fixed rate of total construction cost considering that there is little correlation between total construction cost and the environmental management cost. To do so, antipollution facilities that must be examined at a design or estimation stage of a construction project should be prescribed by the law. Moreover, referenced cost data for the quantity-per-unit costing should be prepared and officially published.

Improvements on the Total Project Cost Management System for SOC Projects (SOC건설사업의 총사업비 관리체계 개선방안)

  • Kim, Young-Jae;Kim, Kyung-Rai
    • Korean Journal of Construction Engineering and Management
    • /
    • v.11 no.3
    • /
    • pp.105-114
    • /
    • 2010
  • As the Korean economy went into a recession because of the global financial crisis in 2008, in order to vitalize the Korean economy, the government raised SOC budget and made its execution earlier. To prevent increases in budget for the government financial investment projects, the government controlled the project cost of SOC construction projects by enacting 'Guideline for total project cost management' in 1994 and complementing the relevant system. However, different from government intention, the total project cost of SOC projects were increased drastically. Hence, the government authorities and research institutions insisted the necessity of supplementation and improvement for the total project cost management system. This research is to provide the improvement for the total project cost management system of domestic SOC projects. In this research, As-Is Model was adjusted considering status of the total project cost management in the current SOC projects. Also the cost management of construction projects between domestic and other developed countries was studied, analyzed and compared. Based on the above, problems related to total project cost management of domestic SOC projects were found out and an improved total project cost management was provided to improve these problems.

Suggestion of an Automatic BIM-based Repair & Replacement (R&R) Cost Estimating Process (BIM기반 건축물 수선교체비 산정 자동화방안 제시)

  • Park, Ji-Eun;Yu, Jung-Ho
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2016.05a
    • /
    • pp.87-88
    • /
    • 2016
  • In order to assess the design value of engineering work from the point of view of LCC (Life Cycle Cost) in Korea, it is mandatory for all construction works that the total construction costs are over 10 billion won. The LCC includes initial construction costs, maintenance & operation costs, energy costs, end-of-life costs, and so on. Among these, the portion for maintenance & operation costs for a building is sizeable, as compared to the initial construction costs. Furthermore, the paradigm for construction industry has rapidly shifted from 2D to BIM, which includes design planning and data management. However, the study of BIM-based LCC analysis is not adequate today, even though all domestic construction projects ordered by the Public Procurement Service have to adopt BIM. Therefore, this study suggests a methodology of BIM-based LCC analysis that is particularly focused on repair and replacement (R&R) cost. For this purpose, we defined requirements of calculating R&R cost and extracted X from the relevant IFC data. Thereafter, we input them to the ontology of calculating the initial construction costs to obtain an objective output. Finally, in order to automatically calculate R&R cost, mapping with R&R criteria was performed. We expect that our methodology will contribute to more efficiently calculate R&R cost and, furthermore, that this methodology will be applicable to all range of total LCC. Thus, the proposed process of automatic BIM-based LCC analysis will contribute to making LCC analysis more fast and accurate than it is at present.

  • PDF