• Economic and Environmental Geology
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• v.44 no.6
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• pp.533-539
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• 2011

Critical infrastructure resilience has been integrated in critical infrastructure protection in US after Department of Homeland Security recognized that protection, in isolation, is a brittle strategy. Here "resilience" is the system's ability to efficiently reduce both the magnitude and the duration of systemic impacts after hazards, and quantitatively assessed as a resilience cost. The resilience cost is the sum of systemic impacts and recovery efforts, and many case studies on resilience costs show that the recovery effort should be included in resilience assessment. This paper explains how the resilience cost is defined and quantified with a case study.

• Journal of KIBIM
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• v.8 no.4
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• pp.60-71
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• 2018

The port BIM technology has many problems such as lack of relevant system, high cost of BIM infrastructure construction, and process difference of existing domestic inter-industry. Since the port facilities as national key industries are managed and operated by public organizations, it is necessary to integrate IT resources and have a system that needs collective construction and joint utilization management. In this paper, we proposed the convergence of cloud computing technology and BIM as a way to reduce the infrastructure cost required for port BIM operation and to provide various BIM services for domestic process. To do this, we collected system requirements based on demand surveys of port staff and designed a BIM browser that provides IFC-based BIM server and customized services to reduce infrastructure cost in cloud computing environment. In terms of infrastructure, we designed cloud-based IaaS to support cost reduction, which is an essential component, and designed SaaS to support customized services in terms of services. We will perform performance verification with focus on whether port BIM servers and browsers have reached a level where they can manage four BIM models with different types and capacities.

• Journal of Information Technology and Architecture
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• v.10 no.3
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• pp.323-334
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• 2013

There are many studies on the project planning, project management and quality management. The cost of the new project takes only 20% of system's lifetime resource and the costs of the maintenance and infrastructure take more than 80%, so the study on the maintenance is much more important than the study on the new project. There has been many studies on the economic life cycle of the system using it's maintenance cost, but no studies on it's infrastructure cost. This paper provides how we can adapt infrastructure cost, which takes more than 40% of system's life cycle cost, to the economic life cycle of the system and its effects on the system's economic life cycle.

• Land and Housing Review
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• v.3 no.3
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• pp.241-248
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• 2012

Although infrastructure cost comprises the great proportion of residential development cost, all of it tends to be borne by land developers which develop large area. This brings about free-riding by adjacent small development or built-up area, followed by the equity problem in terms of infrastructure development cost sharing and the privatization of development gain. This study aims to establish the method to analyze free-riding on the transportation infrastructure(roads) and investigate empirically how much the free-riding occurs. It sets several development scenarios to calculate the part generated by Bucheon Sangdong district, the case area of this study, of all the traffic flow on the roads. The Network analysis is used to estimate the proportion, by development scenarios, of traffic flow, travel time, and travel cost. As a result, the developer of Bucheon Sangdong district is responsible for 83% of the construction cost of selected roads. The methodology and empirical result of this study would contribute to determine who are liable for the infrastructure facilitation and to estimate how much of the cost the obligators have to share.

• Smart Structures and Systems
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• v.15 no.3
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• pp.609-625
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• 2015

Management of infrastructure stock is essential in sustainability of society, and its analysis and optimization are studied in the light of control system modeling in this paper. At the first part of the paper, cost of stock management is analyzed based on macroscopic statistics on infrastructure stock and economical growth. Stock management burden relative to economy is observed to become larger at low economic growth periods in developed economies. Then, control system modeling of stock management is introduced and by augmenting maintenance actions as control input, dynamic behavior of stock is simulated and compared with existing time history statistics. Assuming steady state conditions, applicability of the model to cross sectional data is also demonstrated. The proposed model is enhanced so that both preventive and corrective maintenance can be included as system inputs, i.e., feedforward and feedback control inputs. Optimal management strategy to achieve specified deteriorated stock level with minimal cost, expressed in terms of preventive and corrective maintenance actions, is derived based on estimated parameter values for corrosion of steel bridges. Relative cost effectiveness of preventive maintenance is shown when target deteriorated stock level is lower.

• International conference on construction engineering and project management
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• 2011.02a
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• pp.132-141
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• 2011

Australia has joined many governments to adopt public-private partnership (PPP) as a major strategy for procuring infrastructure for decades. However, failures have occurred although the market has been considered to be a mature and sophisticated one. Failures have typically been traced back to inappropriate economic evaluation and a lack of value-for-money. In particular, a literature review has identified that there was no holistic consideration on the evaluation of procurement transactions of PPP projects. The transaction costs of PPPs were not handled properly. In this paper, theories of transaction cost economics are proposed for the purpose of such a holistic institutional economic evaluation. These theories are analysed in order to identify potential critical success factors for a strategic infrastructure procurement framework. The potential critical success factors are identified and grouped into a number of categories that match the theories of transaction cost economics. These categories include (1) Asset Specificity, (2) Organizational Capability, (3) Transaction Frequency, (4) Behavioural Uncertainty, and (5) Environmental Uncertainty. These potential critical success factors may be subject to an empirical test in the future. The proposed framework will offer decision makers with an insight into project life cycle economic outcomes needed to successfully deliver PPPs.

• Journal of the Korean Recycled Construction Resources Institute
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• v.8 no.2
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• pp.227-234
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• 2020

Under consideration of construction waste recycling, candidate secondary products applicable for the civil and construction areas can be reliably employed based on the recycling cost analysis. For the validation purpose, probability-based cost analyses were performed to estimate recycling cost profit considering uncertainties. When recycling construction wastes, the costs at each stage are fully dependent on target products to be adopted. To achieve commercialization of each product, its quality has to be improved with economic efficiency through accurate evaluation of input costs. Based on the probabilistic recycling cost analysis, the cost benefit for target products was estimated with waste classification cost, transportation cost to recycling treatment facilities and production cost. All necessary information on the cost analysis were collected from literature, disclosure, and existing recycling companies. In addition, a cost difference between recycled and non-recycled events was made. As a result, a probability-based recycling cost estimate for candidate secondary products was herein presented.

• International conference on construction engineering and project management
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• 2013.01a
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• pp.367-374
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• 2013

Underground infrastructure systems provide essential public services and goods through buried structures including water and sewer, gas and petroleum, power and communication pipelines. The majority of existing underground infrastructure systems was installed in green field areas prior to development of complex urban built environments. Currently, there is a global trend to escalate major demand for underground infrastructure system renewal and new installation while minimizing disruption and maintaining functions of existing superstructures. Therefore, Engineers and utility owners are rigorously seeking technologies that minimize environmental, social, and economic impact during the renewal and installation process. Trenchless technologies have proven to be socially less disruptive, more environmentally friendly, energy conservative and economically viable alternative methods. All of those benefits are adequate to enhance overall sustainability. This paper describes effective sustainable solutions using trenchless technologies. Sustainability is assessed by a comparison between conventional open cut and trenchless technology methods. Sustainability analysis is based on a broad perspective combining the three main aspects of sustainability: economic; environmental; and social. Economic includes construction cost, benefit, and social cost analysis. Environmental includes emission estimation and environmental quality impact study. Social includes various social impacts on an urban area. This paper summarizes sustainable trenchless technology solutions and presents a sustainable construction method selection process in a proposed framework to be used in urban underground infrastructure capital improvement projects.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2023.05a
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• pp.277-278
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• 2023

The need for maintenance of bridge infrastructure is increasing due to aging, and the cost of maintaining the infrastructure must be calculated for effective budget distribution. Therefore, in this study, representative defects according to bridge superstructure type are derived to calculate the cost for each repair method. First of all, the representative bridges, PSCI girder bridge, Rahmen bridge, Steel box girder bridge, and RC slab bridge, were selected as superstructures using BMS data, and repair methods for defects were presented. In addition, the cost of the repair method by superstructure type was compared. This result is expected to predict total maintenance costs in consideration of the maintenance cycle.

• Korean Journal of Construction Engineering and Management
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• v.18 no.3
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• pp.105-116
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• 2017

In recent years, large Korean construction companies have suffered serious losses in their overseas business. Many practitioners and researchers have analyzed causes of cost overrun in these projects. However, these arguments have not been empirically verified based on acutal project cases. This study investigated cost overrun rate, contingency, allowance, predicted risk before bidding, and actual and residual risk after award in the 67 international infrastructure projects conducted by 13 large construction companies. The causes of cost overruns are derived as follows. First, they identified the possibility of cost overrun to some extent before the bidding, but did not reflect the enough risk money to bid price. In particular, this behavior was more severe in badly cost-overrun projects. Second, the causes of cost overrun were more influenced by external environmental risk than internal capability risk. However, the internal risk in badly cost-overrun projects was relatively high compared to cost-underrun projects. Third, badly cost-overrun projects failed to mitigate risk. However, cost underrun projects were affected more by low exterior risk conditions than by well mitigated risk. This study provides more informed knowledge in controlling project costs in international infrastructure projects.