• Title/Summary/Keyword: Cost Structure

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Suggestion and Verification of Assessment model on Construction-Cost of Steel Bridge in Project Performance Phases

  • Kab-Soo Kyung;Hye-Yeon Park;Sin-Hwa Kang;Eun-Kyoung Jeon
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.606-615
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    • 2009
  • Estimating the reasonable construction-cost according to the construction phase in public construction is an important element for securing and executing a national budget efficiently. As a general rule, the predetermined cost of construction is estimated at the end of the design of the target structure. Therefore, it seems to be a considerably difficult problem to estimate the approximate cost of construction, only with its basic information of the bridge in the design planning phase and the early design stage where we can not have specific detailed-section of the target structure. In this paper, we present the calculation of construction-cost in the planning phase based on the analysis of factors affecting the cost of construction conducted in the previous study. Beside, to estimate the cost of construction in early design phase, we would like to present the calculation of construction-cost in the early design phase by executing the analysis of data collected from 61 steel box bridges. It was found from the result of study that the estimated cost of construction gained by the calculation of construction-cost in this paper reduces the error between the real cost of construction and that by the existing method of using.

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Cost Analysis of the Structural Work of Green Frame

  • Joo, Jin-Kyu;Kim, Sun-Kuk;Lee, Goon-Jae;Lim, Chae-Yeon
    • Journal of the Korea Institute of Building Construction
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    • v.12 no.4
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    • pp.401-414
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    • 2012
  • The adoption of Green Frame is expected to provide economic benefits, since construction costs are reduced by the in-situ production of precast concrete column and beam. The cost reduction can ultimately be realized by saving transportation costs and the overhead and profit of PC plants. The cost structure of Green Frame, which is built up using composite precast concrete members, is similar to that of a bearing-wall structure, but the difference in construction process has resulted in some cost differences for a few items. In particular, production and installation is the principal work involved in Green Frame made by precast concrete members, while form and concrete work is the principal work for a bearing-wall structure. As such, the rental time and fee for a tower crane should be compared through time analysis. To verify reliability, this study focused on developed residential projects to estimate the construction costs. Through this analysis, it was found that the costs of Green Frame were 1.57% lower than the costs of bearing-wall structure. The results of this study will help in the development of a management plan for the structural work of Green Frame.

Life-cycle-cost optimization for the wind load design of tall buildings equipped with TMDs

  • Venanzi, Ilaria;Ierimonti, Laura;Caracoglia, Luca
    • Wind and Structures
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    • v.30 no.4
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    • pp.379-392
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    • 2020
  • The paper presents a Life-Cycle Cost-based optimization framework for wind-excited tall buildings equipped with Tuned Mass Dampers (TMDs). The objective is to minimize the Life-Cycle Cost that comprises initial costs of the structure, the control system and costs related to repair, maintenance and downtime over the building's lifetime. The integrated optimization of structural sections and mass ratio of the TMDs is carried out, leading to a set of Pareto optimal solutions. The main advantage of the proposed methodology is that, differently from the traditional optimal design approach, it allows to perform the unified design of both the structure and the control system in a Life Cycle Cost Analysis framework. The procedure quantifies wind-induced losses, related to structural and nonstructural damage, considering the stochastic nature of the loads (wind velocity and direction), the specificity of the structural modeling (e.g., non-shear-type vibration modes and torsional effects) and the presence of the TMDs. Both serviceability and ultimate limit states related to the structure and the TMDs' damage are adopted for the computation of repair costs. The application to a case study tall building allows to demonstrate the efficiency of the procedure for the integrated design of the structure and the control system.

Application of the Runge Kutta Discontinuous Galerkin-Direct Ghost Fluid Method to internal explosion inside a water-filled tube

  • Park, Jinwon
    • International Journal of Naval Architecture and Ocean Engineering
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    • v.11 no.1
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    • pp.572-583
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    • 2019
  • This paper aims to assess the applicability of the Runge Kutta Discontinuous Galerkin-Direct Ghost Fluid Method to the internal explosion inside a water-filled tube, which previously was studied by many researchers in separate works. Once the explosive charge located at the inner center of the water-filled tube explodes, the tube wall is subjected to an extremely high intensity fluid loading and deformed. The deformation causes a modification of the field of fluid flow in the region near the water-structure interface so that has substantial influence on the response of the structure. To connect the structure and the fluid, valid data exchanges along the interface are essential. Classical fluid structure interaction simulations usually employ a matched meshing scheme which discretizes the fluid and structure domains using a single mesh density. The computational cost of fluid structure interaction simulations is usually governed by the structure because the size of time step may be determined by the density of structure mesh. The finer mesh density, the better solution, but more expensive computational cost. To reduce such computational cost, a non-matched meshing scheme which allows for different mesh densities is employed. The coupled numerical approach of this paper has fewer difficulties in the implementation and computation, compared to gas dynamics based approach which requires complicated analytical manipulations. It can also be applied to wider compressible, inviscid fluid flow analyses often found in underwater explosion events.

A Study on Benefit Cost Analysis of Chungju UIS (청주시 도시정보시스템의 비용편익분석 연구)

  • Kim, Kwang Ju
    • Journal of the Korean Association of Geographic Information Studies
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    • v.6 no.4
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    • pp.1-15
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    • 2003
  • Recently, urban information system(UIS) has been developed and utilized by local governments in Korea and has become a key means of urban informatization of local governments. When UIS is conducted only for FM oriented internal utilization regardless of its cost-efficiency, however, its cost-benefit structure could be distorted seriously. The study utilizes benefit cost analysis technique and applied the technique to a model case of Chungju UIS selected by National GIS team. Chungju City developed its GIS for the management of roads and urban planning in 1993. At its beginning, the system was an efficient model with relatively strong cost-benefit structure and could produce positive net benefit 10 years' after its construction. When the city began to develop its facility management with the financial assistance from central government in 1998, however, its cost-benefit structure became distorted. As a result, it is delayed for the UIS to produce positive net benefit until the year of 2015. Using benefit cost ratio, discount rate and Mobile GIS, the study also conducts a sensitivity analysis.

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Relative Cost Modeling for Main Component Systems fo Parallel Hybrid Electric Vehicle (병렬 하이브리드 전기자동차의 주요 구성시스템에 대한 상대적 가격 모델링)

  • Kim, Pill-Soo;Kim,Yong
    • The Transactions of the Korean Institute of Electrical Engineers B
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    • v.48 no.6
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    • pp.294-300
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    • 1999
  • There is a growing interest in hybrid electric vehicles due to environmental concerns. Recent efforts are directed toward developing an improved main component systems for the hybrid electric vehicle applications. Soon after the introduction of electric starter for internal combustion engine early this century, despite being energy efficient and nonpolluting, electric vehicle lost the battle completly to internal combustion engine due to its limited range and inferior performance. Hybrid Electric vehicles offer the most promising solutions to reduce the emission of vehicles. This paper describes a method for cost reduction estimation of parallel hybrid electric vehicle. We used a cost reduction structure that consisted of five major subsystems (three-type and two-type motor) for parallel hybrid electric vehicle. Especially, we estimated the potential for cost reductions in parallel hybrid electric vehicle as a function of time using the learning curve. Also, we estimated the potentials of cost by depreciation.

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Seismic effectiveness of tuned mass dampers in a life-cycle cost perspective

  • Matta, Emiliano
    • Earthquakes and Structures
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    • v.9 no.1
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    • pp.73-91
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    • 2015
  • The effectiveness of tuned mass dampers (TMDs) in reducing the seismic response of civil structures is still a debated issue. The few studies regarding TMDs on inelastic structures indicate that they would perform well under moderate earthquake loading, when the structure remains linear or weakly nonlinear, while tending to fail under severe ground shaking, when the structure experiences strong nonlinearities. TMD seismic efficiency should be therefore rationally assessed by considering to which extent moderate and severe earthquakes respectively contribute to the expected cost of damages and losses over the lifespan of the structure. In this paper, a method for evaluating, in a life-cycle cost (LCC) perspective, the seismic effectiveness of TMDs on inelastic building structures is presented and exemplified on the SAC LA 9-storey steel moment-resisting frame benchmark building. Results show that the LCC concept may provide an appropriate alternative to traditional performance criteria for the evaluation of the effectiveness of TMDs and that TMD installation on typical existing middle-rise buildings in high seismic hazard regions may significantly reduce building lifetime cost despite the poor control performance observed under the most severe seismic events.

A Study on the Factor Demand Structure of Sweet Persimmon (단감의 생산요소 수요구조분석)

  • Yoo, Li-Na;Hwang, Su-Chul
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.9
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    • pp.5843-5849
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    • 2015
  • This study analyzes the factor demand structure of sweet persimmon as a part of finding out cost cutting measures. Income and cost data from 2001~2013 Agricultural Income Survey are used for placing the translog cost function and estimating price elasticies and cross elasticities of labor, capital and intermediate input. The result shows that own price elasticities of all factors are small in absolute terms. Additionally the result indicates capital and intermediate input cannot be a substitution for labor, which is a top-line cost-share. It means that the demand for labor cconstitutionally can't be reduced in a short time. This implies that cost reduction should be done focusing on intermediate input, particularly on fertilizer and materials which have higher price elasticity of demand.

A Basic Study for Developing the Construction Cost Index by Directly Surveying the Cost Input Structure in Korea - Focused on Highway Construction Projects - (원가투입구조의 직접 조사에 의한 국내 건설공사비지수 개발을 위한 기초연구 - 도로시설물 중심으로 -)

  • Kim, Woo-Young;Yi, June-Seong;Lee, Young-Hwan;Lee, Bok-Nam;Kim, Yoon-Joo
    • Korean Journal of Construction Engineering and Management
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    • v.7 no.2 s.30
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    • pp.53-61
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    • 2006
  • Korean Government started to publish Korean CCI(Construction Cost Index) again at February 2004 since CAK(Construction Association of Korea) stopped publishing it 1994. CCI is developed using the verified statistical data, that is, input-output table and producer price index by Korean Bank and labor unit cost by CAK. Though the method is available as it uses the verified statistical data, there is a limitation to reflect the characteristics of construction. For overcoming this limitation, this study suggests CCI development method investigating the input structure of labor and material cost for each type of construction project and applying the cost variations of the items.

A Study on the Development of Life Cycle Cost Analysis Methodology in HVAC system for Decision Maker (의사 결정자를 위한 HVAC 시스템의 LCC 분석 방법론 개발에 관한 연구)

  • Jung, Soon-Sung
    • Journal of the Korean Solar Energy Society
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    • v.24 no.4
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    • pp.55-63
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    • 2004
  • The purpose of this study is to development of life cycle cost analysis methodology of HVAC system for decision maker. The results of this study are as follows; maintenance/management, equipment construction, planning/design, and demolition/sell phases (1) To develop the cost breakdown structure for LCC in HVAC system, this study apply the method of additional pertinent level, title, CBS number, block number and variable index. (2) LCC analysis order of HVAC system compose four phase. (3) Life cycle costing influence diagram can bring us to make the most efficient decision through a visual graphical diagram that is shown relationship among variables and that decision maker traces easily from life cycle cost analysis situation.