• Title/Summary/Keyword: CBS (Cost Breakdown Structure)

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A Linkage Method for the Life Cycle Cost Breakdown Structure through an Analysis of Boundary Conditions (경계조건 분석을 통한 LCCBS 연계방안)

  • Jeong, Jae-Hyuk;Kim, Tae-Hui
    • Journal of the Korea Institute of Building Construction
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    • v.13 no.4
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    • pp.321-332
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    • 2013
  • Costs and expenses are intertwined and incurred throughout an entire construction project, even from the pre-construction phase, and each phase has a different impact on the life cycle cost (LCC). However, the cost breakdown structure (CBS) is different in each phase of a building construction project, which makes it hard to reasonably calculate construction cost. For this reason, the boundary conditions were analyzed in this study based on the life cycle cost break structure (LCCBS). In addition, breakdown factors were analyzed based on the boundary conditions to derive a linkage method. The validity of the linkage method was verified through application to actual construction projects. Through the analysis, it was found that the problem of items being left out was reduced by more than 97.2 percent, and the work was done an average of 6 hours faster compared to the conventional method. It is expected that by applying the new LCC system, LCC will be both reduced and calculated in a more efficient manner.

A STUDY ON THE LIFE CYCLE COST ANALYSIS IN LIGHT RAIL TRANSIT BRIDGES: FOCUSED ON SUPERSTRUCTURE

  • Lee Du-heon;Kim Kyoon-tai;Kim Hyun Bae;Jun Jin-taek;Han Choong-hee
    • International conference on construction engineering and project management
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    • 2007.03a
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    • pp.30-40
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    • 2007
  • The demand for light-rail construction projects has recently been increasing, and they are mostly supervised by private construction companies. Therefore, a private construction company that aim to raise gains from the operation of the facilities during the contract period greater than what they invested should b able to accurately calculate the costs from the aspect of Life Cycle Cost (LCC). In particular, a light-rail transit bridge that has a heavier portion from the aspect of the cost of light-rail transit construction requires a more accurate calculation method than the conventional LCC calculation method. For this, an LCC analysis model was developed and a cost breakdown structure was suggested based on literature review. The construction costs by shape of the upper part of a light-rail transit were calculated based on the cost breakdown system presented in this paper, and the cost generation cycle and cost unit price were collected and analyzed based on records on maintenance costs, rehabilitation and replacement. In addition, after forming some hypotheses in order to perform the LCC analysis, economic evaluation was conducted from the aspect of the LCC by using performance data by item.

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Breakdown Structures for Physical Asset Management in Built Environment (건설 산업의 시설물 자산관리를 위한 분류체계 역량)

  • Gebremichael, Dagem Derese;Moon, Kyeongpil;Lee, Yunsub;Jung, Youngsoo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2021.05a
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    • pp.305-306
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    • 2021
  • Breakdown structure (BS) is a tool used to allocate information packages for various management functions and drive computerized information systems. Although several BS exists, work breakdown structures (WBS) and cost breakdown structures (CBS) are the most widely studied and used in previous literature. Nevertheless, heterogeneity of BS and respective management capabilities in current practices are not adequately addressed. In this context, this paper compared the management capabilities of various BS in both building and plant industries through systematic literature. Management requirements and applications scope, in terms of life cycle and stakeholder, were analyzed, respectively. Finally, finding and lesson-learned are outlined.

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A measure for activating BIM by actual application analysis of integrated utilization process of quantity, process(4D), and construction cost(5D) in view of life-cycle

  • Lee, Jae-Hong;Kim, Tae-Young
    • Journal of the Korea Society of Computer and Information
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    • v.25 no.12
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    • pp.1-15
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    • 2020
  • In this paper, we propose a novel method for converting the existing 2D processes in the design and construction phase of civil engineering, to the future BIM-based processes. First, we compare and analyze the actual application processes of the outputs of the existing 2D method and the outputs of the 3D BIM method, for the whole process of BIM design of earthworks and road structures and integrated utilization of quantity, process(4D) and construction cost(5D), in view of life-cycle. The proposed method acquire the outputs of the design phase integrating IFC international common standard file information and CBS/OBS/WBS standard classification scheme information, and acquire the outputs of the construction stage by using an integrated utilization module for quantity, process(4D) and construction cost(5D). Ultimately, we intend to commercialize the step by step technologies for BIM design and construction in civil engineering by using the proposed method.

A Study on the Life Cycle Cost Analysis of Light Railroad Transit Bridges (경량전철 교량의 생애주기비용 분석에 관한 연구)

  • Lee, Du-Heon;Kim, Kyoon-Tai;An, Dong-Geun;Jun, Jin-Taek;Han, Choong-Hee
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2006.11a
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    • pp.384-389
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    • 2006
  • The needs for Light Railroad Transit(LRT) have been increased due to the heavy traffic congestions in large cities like Seoul, Korea. Korean government is seeking the LRT system development (including planning, designing, construction, and maintenance and operations) in terms of public-private-partnership (PPP). At the private sector side, it is crucial to estimate the life cycle cost (LCC) to project the cash flow during the O&M period. Since the most construction and O&M cost of LRT project is at the bridge construction, a cost analysis model and a cost breakdown structures (CBS) on LRT bridges are discussed through in depth literature reviews. Construction and maintenance cost of bridges are collected and analyzed. LCC is analyzed by types of bridge superstructures and historical data of repair and rehabilitation (R&R) is investigated. There have been scarce number of LCC analysis on railway bridges. This research delivers a well-defined CBS and maintenance cost data, which will be a great benefit to the systematic maintenance strategy development for railroad bridges.

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The Life Cycle Cost Estimation using the Maintenance Information of a Propulsion Control System in the High Speed Train(KTX-1) (고속철도차량(KTX-1) 추진제어장치의 유지보수정보를 이용한 수명주기비용 예측)

  • Kim, Jae-Moon;Yun, Cha-Jung;Kim, Yang-Su;Jang, Jin-Yeong;Lee, Jong-Seong
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.60 no.11
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    • pp.2176-2181
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    • 2011
  • This paper estimates the life cycle cost(LCC) of a propulsion control system using the maintenance information in the high speed train(KTX-1). Life cycle costing is one of the most effective approaches for the cost analysis of long-life systems such as the KTX-1. Until now, most life cycle cost of the system has been studied as a whole system viewpoint. But in case of railway industry, LCC studies are needed on the subsystem like a propulsion control system because subsystems are developed continuously localization. This paper proposes the life cycle cost model which fitted to estimate life cycle cost (LCC) using maintenance information manual. As a result, LCC on propulsion control system increased moderately expect for periodical time when major parts are replaced at the same time. Results will be reflected in the development of domestic products.

An Aplication Model to Ensure Practical Usage in Construction Management (공사관리의 실용성 확보 전략과 적용 모델의 개발)

  • Chang Young-Bae;Lee Hyun-Soo
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.401-404
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    • 2002
  • To manage a construction project efficiently, it is essential to ensure the practical usage in construction management. The purpose of this study is to develop a practical model, which will increase the efficiency of management. The followings are the method of this study: (1) Establishing a breakdown structure based on integration of CBS and WBS which is well acquainted (2) Developing and systemizing managerial standards and processes on such activities as calculating and marking progress rates & schedule, summarizing cost by activities level, making out project analysis reports. This study shall contribute to raising the efficiency in construction management after being verified in a pilot project and being developed into construction management system.

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An Analysis of a Request for the Development of Computer Application Technology in an Architectural Construction Management System (건축공정 관리시스템의 전산적용 최적화를 위한 시스템 개발 요구 분석)

  • Kwon, Choon-An;Ji, Suk-Won
    • Journal of the Korea Institute of Building Construction
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    • v.11 no.6
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    • pp.567-575
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    • 2011
  • With the development of construction information, a computerization tool for architectural process control is a necessary tool. However, the reality is that the conditions and understanding of users are not sufficient to fully utilize such a tool. In particular, it was analyzed that the reason for the negative feedback from hands-on workers regarding the current process control information system is that there is a difficulty in accessing the system for users that are not process and planning experts, due to a lack of information and technical contents at the phase of control and planning prior to the process plan. Therefore, the demands of users and a direction for the improvement of a system in terms of optimizing process control computerization were investigated, with the aim of addressing the disadvantages of the existing system and developing a professional system that is specialized in the construction industry. Therefore, it is necessary to construct an integrated WBS (IWBS) that combines WBS with CBS, and subsequently, it is judged that the most important aspect is the integrated technology of compatibility and operation of data that is linked with OBS. The process information must then deal with the changing information; in other words, the amount of construction, construction cost, and the required construction period etc., by coding data into a 4-unit index, such as a project unit (WBS Level 1), a project facility unit (WBS Level 2), a management department unit (OBS Level 1), and a control manager unit (OBS Level 2). After that, it was found that it is necessary to develop a computer system to consistently integrate process information into a management department.