Abstract: Construction technology and on-site construction activities have a direct influence on the life cycle costs of energy efficiently renovated apartment buildings. The systematic inadequacies of the External Thermal Insulation Composite System (ETICS) which occur during the construction phase increase the risk for all stakeholders, reduce mechanical durability and increase the life cycle costs of the building. The economic effect of these shortcomings can be minimised if the risk of the most significant on-site activities is recognised. The objective of the presented ETICS economic assessment concept is to evaluate the economic influence of on-site shortcomings and reveal their significance to the foreseeable future repair costs. The model assembles repair techniques, discusses their direct cost calculation methods, argues over the proper usage of net present value over the life cycle of the building, and proposes a simulation tool to evaluate the risk of on-site activities. As the technique is dependent on the selected real interest rate, a sensitivity analysis is anticipated to determine the validity of the recommendations. After the verification of the model on the sample buildings by the industry, it is expected to increase economic rationality of resource allocation and reduce high-risk systematic shortcomings during the construction process of ETICS.
Abstract: Construction cost estimation is one of the most
important aspects of construction project design. For generations, the
process of cost estimating has been manual, time-consuming and
error-prone. This has partly led to most cost estimates to be unclear
and riddled with inaccuracies that at times lead to over- or underestimation
of construction cost. The development of standard set of
measurement rules that are understandable by all those involved in a
construction project, have not totally solved the challenges. Emerging
Building Information Modelling (BIM) technologies can exploit
standard measurement methods to automate cost estimation process
and improve accuracies. This requires standard measurement
methods to be structured in ontological and machine readable format;
so that BIM software packages can easily read them. Most standard
measurement methods are still text-based in textbooks and require
manual editing into tables or Spreadsheet during cost estimation. The
aim of this study is to explore the development of an ontology based
on New Rules of Measurement (NRM) commonly used in the UK for
cost estimation. The methodology adopted is Methontology, one of
the most widely used ontology engineering methodologies. The
challenges in this exploratory study are also reported and
recommendations for future studies proposed.
Abstract: Apparel product development is an important stage in the life cycle of a product. Shortening this stage will help to reduce the costs of a garment. The aim of this study is to examine the production parameters in knitwear apparel companies by defining the unit costs, and developing a software to calculate the unit costs of garments and make the cost estimates. In this study, with the help of a questionnaire, different companies- systems of unit cost estimating and cost calculating were tried to be analyzed. Within the scope of the questionnaire, the importance of cost estimating process for apparel companies and the expectations from a new cost estimating program were investigated. According to the results of the questionnaire, it was seen that the majority of companies which participated to the questionnaire use manual cost calculating methods or simple Microsoft Excel spreadsheets to make cost estimates. Furthermore, it was discovered that many companies meet with difficulties in archiving the cost data for future use and as a solution to that problem, it is thought that prior to making a cost estimate, sub units of garment costs which are fabric, accessory and the labor costs should be analyzed and added to the database of the programme beforehand. Another specification of the cost estimating unit prepared in this study is that the programme was designed to consist of two main units, one of which makes the product specification and the other makes the cost calculation. The programme is prepared as a web-based application in order that the supplier, the manufacturer and the customer can have the opportunity to communicate through the same platform.
Abstract: The procurement and cost management approach adopted for mechanical and electrical (M&E) services in Malaysian construction industry have been criticized for its inefficiency. The study examined early cost estimating practices adopted for mechanical and electrical services (M&E) in Malaysia so as to understand the level of compliance of the current techniques with best practices. The methodology adopted for the study is a review of bidding documents used on both completed and on – going building projects awarded between 2008 – 2010 under 9th Malaysian Plan. The analysis revealed that, M&E services cost cannot be reliably estimated at pre-contract stage; the bidding techniques adopted for M&E services failed to provide uniform basis for contractors to submit tender; detailed measurement of items were not made which could complicate post contract cost control and financial management. The paper concluded that, there is need to follow a structured approach in determining the pre-contract cost estimate for M&E services which will serve as a virile tool for post contract cost control.
Abstract: The Canadian aerospace industry faces many
challenges. One of them is the difficulty in estimating costs. In
particular, the design effort required in a project impacts resource
requirements and lead-time, and consequently the final cost. This
paper presents the findings of a case study conducted for recognized
global leader in the design and manufacturing of aircraft engines. The
study models parametric cost estimation relationships to estimate the
design effort of integrated blade-rotor low-pressure compressor fans.
Several effort drivers are selected to model the relationship.
Comparative analyses of three types of models are conducted. The
model with the best accuracy and significance in design estimation is
retained.
Abstract: This paper presents the development of an MODAPTS based cost estimating system to help designers in estimating the manufacturing cost of a assembly products which is belonged from the workers in working fields. Competitiveness of manufacturing cost is getting harder because of the development of Information and telecommunication, but also globalization. Therefore, the accuracy of the assembly cost estimation is getting important. DFA and MODAPTS is useful method for measuring the working hour. But these two methods are used just as a timetable. Therefore, in this paper, we suggest the process of measuring the working hours by MODAPTS which includes the working field-s accurate information. In addition, we adduce the estimation method of accuracy assembly cost with the real information. This research could be useful for designers that can estimate the assembly cost more accurately, and also effective for the companies that which are concerned to reduce the product cost.