Current Status of Old Housing for Low-Income Elderly Households in Seoul and Green Remodeling Support Plan: Economic Analysis Considering the Social Cost of Green Remodeling

In this study, the economic feasibility of green remodeling (GR), which could improve the health, safety, and energy of elderly households considering social cost, was analyzed. As a result, the net present value of GR was ‘−10,267 USD (49.7%)’, which was found to be uneconomical compared to the total construction cost (20,981 USD, 100%) despite benefits of energy saving, carbon reduction, and air pollutant reduction. Based on this result, in order to expand GR for low-income elderly households, who cannot afford to perform GR, a GR support measure linked to the currently implemented energy conversion and old-age housing support policies was proposed. It allows the government to perform GR for low-income elderly households with 1/4 of the total construction cost. This result could revitalize GR to reduce greenhouse gas and contribute to housing stability for low-income elderly households who are vulnerable to COVID-19 and climate change.

Significance and Analysis of Time and Cost Overrun in the Construction Industry of Mumbai

The occurrence of time and cost overrun has become quite significant in a majority of construction projects in India, which is negatively affecting the GDP and potential development of nation. As per the statistics of project cost and duration in March 2012, 179 projects out of 555 projects of worth 150 Crore INR have been facing cost and time overrun and others are at the very high risk, with the total construction cost overrun of 1.23 Lakh Crore INR. (Times, 2013) The time and cost overrun of the construction projects results in overextension of the time and finance of the client which may lead to entire failure of the project, unfinished project, abandoned project or reduction in the performance standards of the project. This condition depicts the requirement of the study and analysis of the causes or risk factors for time and cost overrun, and solutions and strategies for mitigation of cost and time overrun. The present research involves the study and analysis of the various risk factors related to time and cost overrun; assessment of the overruns in the construction projects of Mumbai, India and other parts of the world; identification and analysis of the leading causes for time and cost overrun in the construction projects of Mumbai; identification of potential solutions; and preparation of an effective mitigation model for overruns in construction projects of Mumbai

Experimental Study on Recycling of Bituminous Aggregate in Cement Concrete: A Research

Recycling of bituminous aggregates in cement concrete has been selected for the present study to determine suitability of recycled material in road construction. This will help in achieving economy in road construction as well as saving on environment degradation in term of reduced mining and less pollution. Construction and maintenance of roads and highways involve millions of tonnes of aggregate. Considering the scarcity of fresh aggregate, replacement of part of the fresh aggregate with recycled aggregate is considered in the present study. Construction of the road is quite cost intensive. Material alone cost more than 60% of the total construction cost, out of which aggregate cost component, is approximately 30%. We can use recycled aggregate in place of fresh aggregate in construction of road and provide economy to the project. For making best use of recycled aggregates, it is essential to study the suitability of the same in various pavement components. In the present study recycled aggregate are used in Granular Sub Base (GSB) and Wet Mix Macadam (WMM).

Experimental Study on Recycling of Bituminous Aggregate in Cement Concrete

Recycling of bituminous aggregates in cement concrete has been selected for the present study to determine suitability of recycled material in road construction. This will help in achieving economy in road construction as well as saving on environment degradation in term of reduced mining and less pollution. Construction and maintenance of roads and highways involve millions of tonnes of aggregate. Considering the scarcity of fresh aggregate, replacement of part of the fresh aggregate with recycled aggregate is considered in the present study. Construction of the road is quite cost intensive. Material alone cost more than 60% of the total construction cost, out of which aggregate cost component, is approximately 30%. We can use recycled aggregate in place of fresh aggregate in construction of road and provide economy to the project. For making best use of recycled aggregates, it is essential to study the suitability of the same in various pavement components. In the present study recycled aggregate are used in Granular Sub Base (GSB) and Wet Mix Macadam (WMM).

Facade Optimization For An Education Building Using Multi-objective Evolutionary Algorithms

Architectural design of a facade, both at the aesthetic point of view and from the point of view of internal daylighting performance of the building, can be considered as a complex task. In this study, we implement a multi-objective evolutionary algorithm to formally exploration the process of reconstruction of the education building’s facade. The purpose of this research is to create a facade configuration by considering the size and location of elements and their materials when creating a suitable internal daylight distribution. The total construction cost of the building’s exterior and the daylight performance of the building’s interior are considered as objectives. The problem formulation includes two conflicting objectives, which are to increase daylighting aspect on each floor and reduce the total construction cost of the facade. To detect the approximation of Pareto fronts, including non-dominated solutions, we used a fast and elitist multi-objective genetic algorithm (NSGA-II). Computational and architectural results show that NSGA-II is efficient enough to demonstrate eligible facade design alternatives.

Cost-risk contingency framework for managing cost overrun in metropolitan projects: using fuzzy-AHP and simulation

PurposeRisk analysis plays a vital role in controlling and managing cost overruns in complex construction projects, particularly where uncertainty is high. This study attempts to address an important issue of cost overrun that encountered by metropolitan rapid transit projects in relation to the significance of risk involved under high uncertainty.Design/methodology/approachIn order to solve cost overrun problems in metropolitan transit projects and facilitate the decision-makers for effective future budgeting, a cost-risk contingency framework has been designed using fuzzy logic, analytical hierarchy process and Monte Carlo simulation.FindingsInitially, a hierarchical breakdown structure of important complexity-driven risk factors has been conceptualized herein using relative importance index. Later, a proposed cost-risk contingency framework has investigated the expected total construction cost in order to consider the additional budgeted cost required to mitigate the risk consequences for particular project activity. The results of cost-risk analysis imply that poor design issues, an increase in material prices and delays in relocating facilities show higher dependency and increase the risk of cost overrun in metropolitan transit projects.Practical implicationsThe findings and implication for project managers could possibly be achieved by assuming the proposed cost-risk contingency framework under high uncertainty of cost found in this research. Furthermore, this procedure may be used by experts from other engineering domains by replacing and considering the complex relationship between complexity-risk factors.Originality/valueThis study contributes to the body of knowledge by providing a practical contingency model to identify and evaluate the additional risk cost required to compute total construction cost for getting stability in future budgeting.

Effective Post-Construction Evaluation Practices for Work Zone Management Strategies

State departments of transportation (DOTs) invest a significant amount of effort to develop and implement transportation management plans (TMPs) in order to effectively manage the traffic flow of work zones and secure the safety of workers and the traveling public during construction of highway projects. State DOTs typically spend an average 3% to 5% of the total construction cost for TMP development and implementation, but some urban projects, in highly congested areas, may require up to 30% of the total construction cost for this effort. For continuous improvement of TMP development and implementation, it is critically important to monitor the performance of work zone management strategies during construction and evaluate them at the conclusion of construction. However, most state DOTs lack structured policies and/or work processes to ensure the implementation of these important monitoring and evaluation components as part of the TMP. A working feedback loop must be established in the project delivery process to document lessons learned, successes and failures, potential changes to the TMP, and transfer them back to the early TMP development stage. This research extensively reviews existing literature and evaluates the current practices of monitoring and evaluating work zone management strategies. This study identifies and presents effective practices for continuous improvement of TMP development and implementation through creating a working feedback loop.

Magnitude of Construction Cost and Schedule Overruns in Public Work Projects

This study analyzed 363 Clark County Department of Public Works (CCDPW) projects to determine construction cost and schedule overruns in various types and sizes of the projects. The sample projects were constructed from 1991 to 2008, with a total construction cost of $1.85 billion, equivalent to 2012 cost. A one-factor ANOVA test was conducted to determine whether construction cost and schedule overruns significantly varied based on types and sizes of the projects. The study showed that large, long-duration projects had significantly higher cost and schedule overruns than smaller, short-duration projects.

Leveraging Mobile Technology to Facilitate Collaboration Between Shipyards and the Navy Customer for Improved Delivery Cycle Time

Today’s Navy ships are some of the most complex vessels being manufactured. As such, there are a multitude of stakeholders and requirements that must be satisfied through all phases of construction. Manufacturing issues invariably arise and must be tracked from initial documenting through to resolution. Given the number and types of stakeholders involved in the manufacturing process, this can lead to information silos with multiple groups having differing views into each other’s data (if they have a view at all). While the shipyards have their internal quality (lien) management systems, the Navy system of record for outstanding issues is the Technical Support Maintenance (TSM) system. Lacking an efficient interface between TSM and the shipbuilders organic lien management systems and a mobile component that can be taken to the ship , the TSM system is cumbersome and is yet another source of siloed information. Additionally, once a manufacturing issue has reached the TSM system there can be a significant dollar value attached to resolution. Resolving issues once they have reached the Navy’s system of record can extend production schedules to the right and significantly impact total construction cost and delivery of the product and the value proposition of a program.