Title Case Study on Construction Cost Comparison for On-Site Construction and Off-Site Construction of Plant Project
Authors Kang, Hyun Wook
DOI https://dx.doi.org/10.6106/KJCEM.2023.24.4.025
Page pp.25-34
ISSN 2005-6095
Keywords Plant Construction; On-Site Construction; Off-Site Construction; Pipe Rack; Direct Cost; Indirect Cost
Abstract The purpose of this study is to calculate and compare construction costs for On-Site Construction and Off-Site Construction in Plant Project. For this purpose, the target for calculating the construction cost was limited to the Pipe Rack(Steel Structure and Piping). The results derived according to the purpose of the study are as follows. 1)The direct construction cost for On-Site Pipe Rack construction was KRW 56 billion, with Steel Structure KRW 25.1 billion and Piping KRW 30.8 billion won. 2)Comparing the rate of change between On-Site Construction and Off-Site Construction, material costs increased by 1.9% and expenses by 192.1%, but labor costs decreased by -9.1%, resulting in a total direct construction cost increase of 8.4%. These results can be used as reference data to check the current status of the increase or decrease in construction costs when constructing Pipe Racks as Off-Site Construction.