• The Transactions of the Korean Institute of Electrical Engineers A
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• v.52 no.1
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• pp.9-16
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• 2003

In this paper, we propose a reliability evaluation method considering the momentary interruptions of power distribution systems. The results of research are concentrated on two parts. One is the analytic and probabilistic reliability evaluation of power distribution system considering the momentary interruptions and the other is the reliability cost evaluation that unifies the cost of sustained and momentary interruptions. This proposed reliability cost evaluation methodology is also divided into the analytic and probabilistic approach and the time sequential Monte Carlo method is used for the probabilistic method. The proposed methods are tested using the modified RBTS (Roy Billinton Test System) form and historical reliability data of KEPCO (Korea Electric Power Corporation) system. Through the case studies, it is verified that the proposed reliability evaluation and its cost/worth assessment methodologies can be applied to the actual reliability studies.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.155-162
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• 2001

Recently, in Korea, a few construction companies have been tried to develop a management system, which is able to integrate schedule and cost. In spite of these attempts, however, advanced management techniques can be hardly applied under the BoQ based management system. In order to improve these problems, many studies have been peformed, but yet could not overcome practical limitations. Besides, the application of historical data is below the level since it is so difficult to accumulate and feed-back historical data under the unique character of construction industry. Consequently, lots of time and effort have being wasted to establish control criteria. The newly generated Information is not systematically managed as well. Therefore, this study suggests Integrated Construction Management System complemented the existing practical problems.

• Journal of the Korean Institute of Educational Facilities
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• v.26 no.6
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• pp.29-37
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• 2019

The research institute has a function to get the research outcome through the various experiments, data collection and analysis. Therefore, research building is important to keep the research condition or experiment environment. But buildings would be deteriorated and leaded into the deterrence of research. Maintenance is planned to protect the research building condition through various general repair or heavy repair. The heavy repair is generally conducted in massive repair scope or main components preparation. In this paper, it aimed at analyzing the effect of the massive or main components repair with inputted cost and its resulted output. In order to analyze the effect of a massive repair, it used the Benefit/Cost analysis and sensitivity analysis. Results of this study are as follows : The benefit/cost analysis shows that research building whose researcher continuously live and study has good effect. On the contrary, pace of the the experimental function is not good effect in benefit/cost analysis. But the experimental function is indispensible to get the research outcom for the research goal. Therefore, the experimental function will be planned to repair and get the historical repair data because the proper repair time would be prepared to cut down the repair cost.

• Korean Journal of Construction Engineering and Management
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• v.10 no.4
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• pp.50-57
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• 2009

The Korea Standard of Estimate which has been used as the only basis of Cost estimate of public construction projects is failed to reflect the fluctuation of current construction cost. Therefore, the government decided to gradually introduce historical construction cost into cost estimate of public construction projects from 2004 and to reduce the use of Korean Standard of Estimate. This paper presents a series of process and the methodology for computing Actual Cost and analyzing the fluctuation patterns based on not only previous contract prices which made a successful bid but also all of the other bid prices. Also, this paper mainly handles a device for extracting strategic bid price such as low price bid for assuring reliable data and for predicting the construction cost which is built by Wavelet Analysis of Time series Analysis data and Neural Network. It is anticipated that the effective use of the proposed process for estimating actual unit cost would make the cost estimation more current and reasonable.

• Journal of KIBIM
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• v.1 no.1
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• pp.18-25
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• 2011

Construction cost estimation in the early phase provides the opportunity to make reasonable decisions related to the project. For estimating this cost, various methods have been developed. But several problems have been recognized like accuracy, relation beteewn design and cost etc. In this study, we developed the method of cost estimating for building parts. The modified method has defferent ratio of space functions to calculate cost more correctly. Also historical cost data is used in this modified method for architects to estimate cost conveniently. By this modified method, we expects architects should easily design buildings based on cost.

• Journal of Korean Port Research
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• v.14 no.2
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• pp.165-173
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• 2000

Major factors that are considered to determine lease charges of container terminals are, among others, construction cost of berth, discount rate, financing cost, and size of annual equivalent recovery. This paper aims to calculate construction costs at PECT and GCT and their annual equivalent recovery on the basis of historical data, and to identify whether or not the relationship of the above result and current lease charges at the two terminals are justifiable.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2004.11a
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• pp.224-227
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• 2004

As a project progresses, it is well known that construction manager has to define the contingency for the expected project cost, which is used as a buffer for uncertainty. In this study, we mention uncertainty as the amount of likelihood that is difficult or impossible to predict project cost. From the completed work package, we obtain the true cost value, and this information is technically good data for estimating the realistic contingency of work packages to be accomplished. Based upon this historical information, construction manager recomputes the contingency for the remaining works. Conditional probability theory is often useful for re-estimating one of the remaining project progress as the true cost of the completed works can be different from the planned cost. As a project is progressing, true value is really important to predict the realistic project budget and to decrease the uncertainty. In this study, we gave applied conditional probability theory to estimating project contingency supposing a project that consists of fire work packages, provide the fundamental framework for setting and controlling project contingency.

• Korean Journal of Construction Engineering and Management
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• v.7 no.5
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• pp.77-84
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• 2006

Indexes have played an important role as a economic indicator or performance indicator in many industries for a long time. In construction industry, indexes, or Construction Cost Index(CCI), have been used to compensate for the gap of time in Estimate Using the Historical Cost Data from Feb. 2004. CCI is composed of index formula and resources. Existing literatures had used Laspyeres Index as a index formula. And, Leontief table, the bills of quantities, and information of price surveyor were used as a resource. When applying Laspyeres formula and the resources to calculating the CCI, the problems such as double application of price fluctuation, calculating the incorrect weights, may be generated. This paper analyzed the existing economic relevant indexes as well as Laspyeres formula. Thus, feasibility of them was analyzed using three practical cases of apartments. And then, Quantity based Base Period Price Index(QBPPI) was developed to consider the characteristics of construction more accurately.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.24 no.6
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• pp.131-137
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• 2010

Change of the energy used in a house can be separated from LNG, and electric power. The electric power consumption of a house is more increasing than LNG. The interest for electric houses is rising due to energy saving and low carbon emission. Accordingly, the amount of energies and cost are analyzed consumed in a house using cumulative energy consumption. The result of analysis, amount of electric power, is more increase. In comparison, the use volume of city gas is more decrease. In this paper, the use volume of energy resource is analyzed using historical energy consumption data in the past 25 years. In addition, expected electrical power and heating energy is analysed adopting an Electric Residence.

• Transactions of the Korean Society of Mechanical Engineers A
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• v.31 no.1 s.256
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• pp.26-35
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• 2007

The vehicle of urban transit is a complex system that consists of various electric, electronic, and mechanical equipments, and the maintenance cost of this complex and large-scale system generally occupies sixty percent of the LCC (Life Cycle Cost). For reasonable establishing of maintenance strategies, safety security and cost limitation must be considered at the same time. The concept of system reliability has been introduced and optimized as the key of reasonable maintenance strategies. For optimization, three preceding studies were accomplished; standardizing a maintenance classification, constructing RBD (Reliability Block Diagram) of VVVF (Variable Voltage Variable Frequency) urban transit, and developing a web based reliability evaluation system. Historical maintenance data in terms of reliability index can be derived from the web based reliability evaluation system. In this paper, we propose applying inverse problem analysis method and hybrid neuro-genetic algorithm to system reliability optimization for using historical maintenance data in database of web based system. Feed-forward multi-layer neural networks trained by back propagation are used to find out the relationship between several component reliability (input) and system reliability (output) of structural system. The inverse problem can be formulated by using neural network. One of the neural network training algorithms, the back propagation algorithm, can attain stable and quick convergence during training process. Genetic algorithm is used to find the minimum square error.