• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.477-480
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• 2003

The objective procedure and criterion needs to efficiently perform the safety assessment and improve reliability for results of the cost analysis. There are many studies about cost analysis of safety assessment, but the these studies have problems such as non-quantification of criterions and methods. The purpose of this study to suggest the procedure and criterion for successful cost analysis and quantify cost factors. First, in the cost analysis of the housing reconstruction that is presented this study, determinate the life-cycle and the discount rate, then estimate reconstruction cost and remodeling cost. Finally, compare the annual equivalent LCC of two costs for decision malting to reconstruction or remodeling.