Construction Time Estimation for MultiUnit Apartment Complex

1
Construction Time Estimation for Multi-Unit
Apartment Complex

• CE311K CEPM Team 1
• October 16, 2005
• Forrest Bratton --- Charles Pool
• Khaled Alattar --- Clinton Farrell

2
Problem

• To develop a program that accurately estimates
  construction completion time for an apartment
  complex, including
• Equations defining the influence of specific
  variables
• A user interface allowing variable input
• An executable program that will accept the user
  input, solve the equations, and display the
  results of the analysis

3
Project Variables

• Number of Stories
• Number of Units
• Construction Materials
• Geology/Ecology of Site
• Climate

4
Importance of Topic

• Time not only represents a completion date, but
  it also dictates cost estimation and minimizes
  additional costs
• Time estimation for multi-unit housing
  establishes move-in dates for tenants

5
Aftermath of an Overdue Completion Date

• Additional labor costs
• Additional equipment rental costs
• Overdue Construction penalties per day, month, or
  week
• Materials cost could go up after a certain time
• Company reputation on the line
• Construction loan interest payments extended

6
Plan

• Research different completion dates
• Visit construction sites around West Campus
• Research each variables impact on completion
  time
• Use rates, equations, and variables to create our
  program

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Thank you for your Time