Development of a Maintenance and Repair Cost Estimation Model for Educational Buildings Using Regression Analysis

The aim of this study is to identify key performance indicators as well as the correlations among these indicators to develop a maintenance and repair cost estimation model for educational buildings based on actual payment records. The importance of financial estimation for facility management syste...

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Main Authors: Ji-Myong Kim, Taehui Kim, Yeong-Jin Yu, Kiyoung Son
Format: Article
Language:English
Published: Taylor & Francis Group 2018-05-01
Series:Journal of Asian Architecture and Building Engineering
Subjects:
Online Access:http://dx.doi.org/10.3130/jaabe.17.307
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author Ji-Myong Kim
Taehui Kim
Yeong-Jin Yu
Kiyoung Son
author_facet Ji-Myong Kim
Taehui Kim
Yeong-Jin Yu
Kiyoung Son
author_sort Ji-Myong Kim
collection DOAJ
description The aim of this study is to identify key performance indicators as well as the correlations among these indicators to develop a maintenance and repair cost estimation model for educational buildings based on actual payment records. The importance of financial estimation for facility management systems has increased. Especially, the estimation of maintenance and repair costs is essential to facility management for educational buildings considering the long-life cycle of a building. However, data regarding facility management is still limited. This study adopts payment records related to maintenance and repair work from educational institutions to develop a quantitative approach. Statistical analyses and a multiple regression analysis are conducted to examine the record and generate a cost estimation model. The findings and results of this study provide a guide for maintenance and repair cost estimation of integrated facility management and could be used as a guideline for budgeting for school maintenance.
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spelling doaj.art-1bff6289936b40c793eacb5b0a855f452023-08-03T09:15:32ZengTaylor & Francis GroupJournal of Asian Architecture and Building Engineering1347-28522018-05-0117230731210.3130/jaabe.17.30712029193Development of a Maintenance and Repair Cost Estimation Model for Educational Buildings Using Regression AnalysisJi-Myong Kim0Taehui Kim1Yeong-Jin Yu2Kiyoung Son3Texas A&M UniversityMokpo National UniversityUniversity of UlsanUniversity of UlsanThe aim of this study is to identify key performance indicators as well as the correlations among these indicators to develop a maintenance and repair cost estimation model for educational buildings based on actual payment records. The importance of financial estimation for facility management systems has increased. Especially, the estimation of maintenance and repair costs is essential to facility management for educational buildings considering the long-life cycle of a building. However, data regarding facility management is still limited. This study adopts payment records related to maintenance and repair work from educational institutions to develop a quantitative approach. Statistical analyses and a multiple regression analysis are conducted to examine the record and generate a cost estimation model. The findings and results of this study provide a guide for maintenance and repair cost estimation of integrated facility management and could be used as a guideline for budgeting for school maintenance.http://dx.doi.org/10.3130/jaabe.17.307floridaeducational buildingsmaintenance and repair costregression analysis
spellingShingle Ji-Myong Kim
Taehui Kim
Yeong-Jin Yu
Kiyoung Son
Development of a Maintenance and Repair Cost Estimation Model for Educational Buildings Using Regression Analysis
Journal of Asian Architecture and Building Engineering
florida
educational buildings
maintenance and repair cost
regression analysis
title Development of a Maintenance and Repair Cost Estimation Model for Educational Buildings Using Regression Analysis
title_full Development of a Maintenance and Repair Cost Estimation Model for Educational Buildings Using Regression Analysis
title_fullStr Development of a Maintenance and Repair Cost Estimation Model for Educational Buildings Using Regression Analysis
title_full_unstemmed Development of a Maintenance and Repair Cost Estimation Model for Educational Buildings Using Regression Analysis
title_short Development of a Maintenance and Repair Cost Estimation Model for Educational Buildings Using Regression Analysis
title_sort development of a maintenance and repair cost estimation model for educational buildings using regression analysis
topic florida
educational buildings
maintenance and repair cost
regression analysis
url http://dx.doi.org/10.3130/jaabe.17.307
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AT kiyoungson developmentofamaintenanceandrepaircostestimationmodelforeducationalbuildingsusingregressionanalysis