Implementation of Techniques and its Management on Constructional Activities
Madan Kumar L1, Vadiraj Rao N. R.2, Chandana Prasad B. G.3, Rajani A4
1Madan Kumar L., Department of Civil Engineering, The National Institute of Engineering, Mysuru, India.
2Vadiraj Rao N. R., Department of Civil Engineering, The National Institute of Engineering, Mysuru, India.
3Chandana Prasad B. G., Department of Civil Engineering, The National Institute of Engineering, Mysuru, India.
4Rajani A., Department of Civil Engineering, The National Institute of Engineering, Mysuru, India.
Manuscript received on 20 August 2019 | Revised Manuscript received on 27 August 2019 | Manuscript Published on 31 August 2019 | PP: 454-458 | Volume-8 Issue-9S2 August 2019 | Retrieval Number: I10960789S219/19©BEIESP DOI: 10.35940/ijitee.I1096.0789S219
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open-access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Precast construction is a time effective technique which consumes less time than cast-in-situ technique for execution. Savings of time in construction would compensate the overall profit for the owner. Precast technology achieves better concrete quality control with less wastage of materials. In this paper, G+3 commercial multi-storied building is planned and compared with the precast construction and cast-in-situ construction for cost analysis using Payback Period Method and Net Present Value Method. Scheduling is done using Primavera. Primavera (P6) turn out to be competent tool in monitoring, scheduling, controlling and updating the project at any stage of construction process. Through payback period it is able to deduce that, the initial investment can be recovered approximately one month before the cast-in-situ method when we are employing precast approach. Also, considering investment criteria i.e. Net present value method shows that, a higher profit is obtained towards the investment in precast than in cast-in-situ method. Hence, precast construction method proves to be profitable when compared to conventional method of construction.
Keywords: Cast-in-situ, Net Present Value Method, Payback Period Method, Precast, Primavera.
Scope of the Article: Simulation Optimization and Risk Management