Computer Science
8 years ago

New cost estimation method revolutionizes efficiency in building construction projects.

Korean Journal of Construction Engineering and Management
Method of Quantity Data Analysis for Building Construction Cost Estimation : Focusing on Finish Work of Public Apartment Project
Sae‐Hyun Ji, Moonseo Park, Hyunsoo Lee, Ki-Hoon Seong, You-Sang Yoon

Paper Summary

The article discusses a new method for estimating construction costs for public apartment projects. The researchers created a standard cost database called CUBE and analyzed item quantities for different types of areas. They built a database with 90 building cost data and confirmed its usefulness. This new method aims to improve cost estimation efficiency and productivity in Korea.

Related papers

Theme background image
Engineering
8 years ago

New cost analysis format revolutionizes road construction project management in Korea!

Information Modeling
Theme background image
Engineering
8 years ago

Revolutionizing Construction Cost Estimation: A Game Changer for Budget Planning!

Design Manufacture
Technology Readiness
1 view
Theme background image
Engineering
3 years ago

Factors like experience and market status significantly impact construction project cost estimates.

Information Modeling
Project Management