| Title |
A Study on the Correlation Analysis of the Item of Expenditure using ISM Method |
| Authors |
Song Kyu-Ryol ; Jung Eul-Kyu ; Im Chil-Soon |
| Keywords |
Material Cost ; Labor Cost ; Direct Labor Cost ; Indirect Labor Cost ; Expense Cost ; ISM(Interpretive Structural Modeling) ; Relativity |
| Abstract |
This study is to make clear of the correlations over the construction cost mainly using cost accounting method in the construction among the methodologies of estimating construction cost in a construction work. In the construction accounting method to estimate construction cost, Net construction cost is composed of material cost, labor cost(or direct labor and indirect labor cost), and expense cost. The expense cost is decided by the first two costs which is previously calculated. From this, a complex cost accounting system in construction can be easily understand by recognizing how much the variations on the material cost and labor cost have effect on the each item of expenditure. The result is that they influences public expenditures the most, and does industry disaster insurance bill and employment insurance bill the least. So, the standard of their quantitative influence is presented. |