| Title |
Development of Historical Data Selection Model Using Non-parametric test in Public Sector - focused on Reinforced Concrete Works of Multi-housing Projects - |
| Authors |
Lee, Hyun-Ki ; Jeon, Jae-Yong ; Park, Sung-Chul ; Hong, Tae-Hoon ; Koo, Kyo-Jin ; Hyun, Chang-Taek |
| Keywords |
actual-cost based contract cost ; Historical data ; Multi-hosing ; Reinforced concrete work ; Goodnessof-fittest |
| Abstract |
The government wants to apply the construction cost estimating method based on historical data published in the first six months of 2004. Construction companies, however, require the proposed cost estimation model, to be improved which makes it difficult to predict a reasonable construction costs. This paper presents an improved historical data selection model after analyzing the problem of previous method throughout comparing contracted unit prices of reinforced concrete works selected by the previous model to market prices. The model which can select more feasible data would assist participates such as general contractors and sub-contractors to earn a proper profits. |