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A Conceptual Cost Comparison Study between Alberta and Overseas Module Assembly Strategies for Industrial Construction Projects
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A Conceptual Cost Comparison Study
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- Author / Creator
- Sedaghat, Nassim
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In recent years, the lower cost of construction resources in overseas countries (e.g. China and Korea) and advancements in transportation have increased the interest in offshore fabrication and assembly of industrial modules as an alternative to local assembly in Alberta, Canada. Many research studies have addressed the differences between modular and conventional methods of construction and developed decision support tools to assist the management team in selecting the best construction method. However, no study has investigated the effect of overseas fabrication and assembly on the cost of modular construction projects. This research study attempts to facilitate the performance of cost comparison at the conceptual stage between the local and foreign fabrication and assembly of industrial modules. In this study, the cost items required for conducting conceptual cost comparisons between the Alberta and overseas module fabrication and assembly are identified by interviewing experts in modular industrial construction. Moreover, a new method is proposed to investigate the differences between the Alberta and overseas fabrication and assembly of modules in terms of module quantity and required material. Furthermore, a statistical simulation model is developed to perform a cost comparison study between Alberta and overseas module assembly that can be used in future conceptual cost estimations of similar projects. This research assists project managers in comparing alternative assembly locations in industrial modular projects by providing a list of cost items, conducting a comparison between local and overseas module construction on two industrial projects, and developing a simulation tool for performing cost comparison studies on such projects.
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- Subjects / Keywords
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- Graduation date
- Fall 2016
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- Type of Item
- Thesis
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- Degree
- Master of Science
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- License
- This thesis is made available by the University of Alberta Libraries with permission of the copyright owner solely for non-commercial purposes. This thesis, or any portion thereof, may not otherwise be copied or reproduced without the written consent of the copyright owner, except to the extent permitted by Canadian copyright law.