Publications / 2011 Proceedings of the 28th ISARC, Seoul, Korea

Development of a Web-Based CBS Organization System for Mega-Projects

Chang Teak Hyun, Run Zhi Jin, Myung Jin Son, Beom Suk Park, You Sang Yoon
Pages 461-466 (2011 Proceedings of the 28th ISARC, Seoul, Korea, ISBN 978-89-954572-4-5, ISSN 2413-5844)
Abstract:

The construction business is gradually progressing towards the implementation of large-scale mega-projects for the creation of a synergy effect within limited grounds. However, various problems are manifesting, such as increased project costs, delays in the construction duration, and conflicts between stockholders. Thus, this study aimed to develop a web-based CBS Organization System to support the prediction and management of the total project cost, which is the most important part of construction project planning. To achieve this, CBS cost items for mega-projects were initially deduced, based on which a standard CBS was developed. The developed CBS Organization System supports easy and rapid organization of a CBS that suits the properties of mega- projects by adding/deleting some cost items based on the standard CBS. The developed system is expected to enable CMrs or owners with insufficient experience to use the system effortlessly.

Keywords: Web-based, Cost Breakdown Structure (CBS), Mega-projects, Cost Prediction and Management