| Title |
Web-Based Cost Planning Program for High-Rise Office Building |
| Authors |
Kim, Ki-Hong ; Park, Chan-Sik ; Chang, Sun-Ho |
| Keywords |
Cost Planning ; Web-Based Program ; Range Estimating ; Design Decision-Making |
| Abstract |
The purpose of cost planning at the early phase of construction projects is to provide the clients with the appropriate cost information during the design decision-making process. Therefore, the cost planning process is expected not only to predict projects' cost accurately but also closely to coordinate with the design decision-making activities. This paper proposes a new cost planning method for the effective and efficient directions relating a design decision-making process. Strategies for this method are ⅰ) to utilize elemental cost breakdown system, and ⅱ) to apply probabilistic distribution theories. Based on these strategic directions, this paper proposed a probabilistic cost planning model for high-rise office building projects. The suggested model provides appropriate cost information to meet clients' limited budget and various projects' requirements during the design decision-making process. This study is based on probabilistic distribution variables theories and the range estimating technique. This study also develops a web-based software program in order to apply the proposed cost planning model effectively in high-rise office building construction practices. |