• Korean Journal of Construction Engineering and Management
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• v.17 no.3
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• pp.125-133
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• 2016

The Project Risk Management is intended to result in the effective management by identifying in advance and mitigating all significant risks including project risks and opportunities during the entire project life cycle - from project inception to completion of construction. It is impossible to predict an exact budget and construction duration before finishing a project. So, Washington Department of Transportation mandates that workshop-based risk management is conducted for projects over specific cost. However, the domestic construction sites have depended on numerical risk analysis without any workshop and efficient risk management have not made. Therefore, in this study, we propose the effective risk management using the RBES program which is very useful for workshop-based risk management and pre & post mitigation, by workshop-based risk management techniques. This proposed risk management approach is applied to a domestic 'A' river recovery project. It is concluded that we may expect the effect to mitigate the total cost overrun problem and the construction duration delay effect in the project by identifying significant risks and by preparing effective risk mitigation strategies.

• The Journal of the Korea Contents Association
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• v.21 no.8
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• pp.356-366
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• 2021

The high-tech industry, a leader in the national economy, has a larger investment cost compared to general buildings, a shorter construction period, and requires continuous investment. Therefore, accurate construction cost prediction and quick decision-making are important factors for efficient cost and process management. Overseas, the construction information classification system has been standardized since 1980 and has been continuously developed, improving construction productivity by systematically collecting and utilizing project life cycle information. At domestic construction sites, attempts have been made to standardize the classification system of construction information, but it is difficult to achieve continuous standardization and systematization due to the absence of a standardization body and differences in cost and process management methods for each construction company. Particular, in the case of the high-tech industry, the standardization and systematization level of the construction information classification system for high-tech facility construction is very low due to problems such as large scale, numerous types of work, complex construction and security. Therefore, the purpose of this study is to construct a construction information classification system suitable for high-tech facility construction through collection, classification, and analysis of related project data constructed in Korea. Based on the WBS (Work Breakdown Structure) and CBS (Cost Breakdown Structure) classified and analyzed through this study, a code system through hierarchical classification was proposed, and the cost model of buildings by linking WBS and CBS was three-dimensionalized and the utilized method was presented. Through this, an information classification system based on inter-relationships can be developed beyond the one-way tree structure, which is a general construction information classification system, and effects such as shortening of construction period and cost reduction will be maximized.

• Transactions of the KSME C: Technology and Education
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• v.1 no.1
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• pp.139-145
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• 2013

Light rail transit(LRT) is a public transportation and mainly has an automatic driverless operation system. LRT project is a large scaled project which a construction cost is tens of billions of won per km. Systems engineering(SE) is an interdisciplinary approach and means to enable realization of successful systems. In this paper, we propose the systems engineering processes and their outputs list for the LRT project. And then, we present template and sample case of process output. We also present a case which carried out SE process by SE tool.

• Journal of the Korea Society of Computer and Information
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• v.27 no.11
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• pp.131-138
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• 2022

Git's commit message is closely related to the project life cycle, and by this characteristic, it can greatly contribute to cost reduction and improvement of work efficiency by identifying risk factors and project status of project operation activities. Among these related fields, there are many studies that classify commit messages as types of software maintenance, and the maximum accuracy among the studies is 87%. In this paper, the purpose of using a solution using the commit classification model is to design and implement a complex classification model that combines several models to increase the accuracy of the previously published models and increase the reliability of the model. In this paper, a dataset was constructed by extracting automated labeling and source changes and trained using the DistillBERT model. As a result of verification, reliability was secured by obtaining an F1 score of 95%, which is 8% higher than the maximum of 87% reported in previous studies. Using the results of this study, it is expected that the reliability of the model will be increased and it will be possible to apply it to solutions such as software and project management.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.22 no.4
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• pp.67-74
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• 2021

Domestically, technical condition evaluation for breakwaters has been conducted through safety checks and safety diagnosis. If necessary, maintenance for the facility is conducted. However, in recent years, the need for infrastructure management has been increasing from a life-cycle-cost perspective. For these reasons, the "Sustainable Infrastructure Management Basic Act" was enacted. Previously, only the technical part of the breakwaters was evaluated. However, based on the act, comprehensive management of breakwaters will be possible through performance improvement by adding economic and political evaluations. In this study, evaluation factors and evaluation methods were developed for a breakwater rehabilitation project. The purpose of this study is to present a development direction, items, and methods for the evaluation of breakwater performance improvement to be applied in future practice. This study reviews the concept of maintenance and performance improvement, the literature related to performance improvement, and the project type for the common standard of performance improvement. Evaluation items and evaluation methods for breakwater rehabilitation are suggested to be reviewed by experts. The methodology suggested in this study could be used for preventive maintenance and to reduce accidents.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.29 no.1D
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• pp.63-72
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• 2009

This study aims at establishing the decision-making support system for the highway assets, long-term performance presumption and evaluation of asset value, which are appropriate for Korea, and proposing the methods of the optimal engineering method and the timing decision for the preventive maintenance through the project evaluation, the optimization method and life-cycle analysis related to the highways. In order to supplement the current problem of the near-sighted budget management system, which chooses the maintenance place of the highway, depending on the level of the budget with fixed amount, the long-term required budget prediction system and the economy principle were introduced, so that the pavement agency can predict the level of the required budget, and it was aimed to develop the pavement asset evaluation system to maintain the performance of the highway with the minimum of the cost. In the use of the highway pavement asset evaluation system, to maintain the appropriate level of the pavement evaluation index, when the budget was efficiently established in the reference of the required maintenance budget for the chosen section of the highway in the year concerned, it was possible to analyze the most rational pavement maintenance budget. With this result, it is estimated to prevent the unnecessary waste of budget in advance, and through the development of the decision-making system for the long-term performance presumption and the asset value estimation of the pavement, it is expected to able to analyze the previous evaluation of the project related to the highway and the feasibility of introduction.

• International conference on construction engineering and project management
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• 2013.01a
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• pp.386-389
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• 2013

Under climate change and urbanization, rainwater harvesting (RWH) systems are emerging as an alternative source of water supply because of growing concern about water sustainability. RWH systems can satisfy the various watering needs and provide the environmental benefits of lessening the damages from flood, drought, and runoff. The economic success of a RWH system is vitally concerned with the determination of the design capacity of storage tank to be built in the system. The design capacity is determined by the factors of average annual rainfall, period of water scarcity, and water price during the whole life-cycles. Despite the high uncertainties inherent in these factors, the current engineering design of RWH system construction often assumes that storage tanks should be built all at once. This assumption implicitly ignores the managerial flexibility in responds to the future as new information comes out-the right to build storage tanks stage by stage depending on the evolution of demand. This study evaluates the value of a multistage storage tank construction using a real option approach. A case study involving a typical RWH system construction in Jeonju, the Republic of Korea is conducted. The managerial flexibility obtained from the real option perspective allows engineers to develop investment strategies to better cope with the issue of water sustainability.

• Journal of Korean Tunnelling and Underground Space Association
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• v.20 no.1
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• pp.131-144
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• 2018

The urban center of a large city has a high concentration ratio of population, commerce, and traffic. Therefore, the expected effect is high from the introduction of the urban utility tunnel and it also has sufficient economic feasibility considering life cycle cost. Moreover, the construction cost can be greatly reduced if it is included in a large underground development such as a subway or a complex transfer center construction. However, it is not reflected in actual underground development plan. When planning a urban utility tunnel in Korea, it is expected to have difficulties such as the cost of relocation of the existing Life-Line, conflicts among the individual facility institutions, procurement of construction resources and sharing. Furthermore, it is possible to promote the project only if a consensus is drawn up by a collective council composed of all facilities and project developers. Therefore, an optimal alternative should be proposed using economic analysis and feasibility assessment system. In this study, the analytic hierarchy process (AHP) is performed considering the characteristics of urban areas and the importance of each indicator is quantified. As a result, we can support reasonable design capacity optimization using the feasibility assessment system.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.27 no.10
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• pp.544-551
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• 2015

This study was conducted to determine the LCC of apartment complexes with district heating and a cogeneration system. For the purpose of analyzing LCC according to the size of the apartment complex, 500, 1,500, and 4,000-unit model apartments were selected. Analysis was performed on the design of the heating system and the life cycle cost including total construction cost, maintenance and operation cost for the duration of the project period (15 years). According to the calculated results, 1) The initial cost of the cogeneration system for 500, 1,500, and 4,000-unit apartments is higher than that of the district heating system by 20%, 13%, and 12%, respectively. 2) In the case of the cogeneration system, the payback period by electric generation was found to be 5.21, 4.92 and 4.47 years, and saving cost was calculated to be 29 billion won, 94 billion won and 262 billion won after the payback period for 500, 1,500, and 4,000-unit apartments, respectively. 3) The LCC values of the cogeneration system were 1.12, 1.07 and 1.06 times larger than those of the district system according to the size of the apartment complex. In this study, the district heating system was found to be more efficient than the cogeneration system in terms of LCC reduction. 4) District heating is affected by fuel bills, so energy efficiency should be improved through recovering waste heat (incineration heat, etc.). Also, district cooling should be provided according to heat use to keep the temperature high in winter and low in summer.

• Journal of the Computational Structural Engineering Institute of Korea
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• v.30 no.3
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• pp.223-230
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• 2017

BIM(building information modeling) has been actively applied to construction industries and to maximize its application through the life cycle of structure, various relevant technologies have been proposed. In particular, 4D sequencing management and 5D cost-related management were introduced as an improved version of the design review and interface control by 3D information design. On the other hand, the virtual construction using virtual construction equipment can sophisticatedly handle capacity, dynamic movement, collision boundaries of actual construction machines but it still stays at a low level in a technical sense. In this study, simulation systems based on BIM involving virtual construction equipment have been developed; then it is applied to the actual construction project to evaluate the safety and efficiency of construction equipments. It was confirmed that the simulation systems can be utilized to construct virtual construction site by using an effective 3D library of construction equipment and can plays a key role to secure construction safety and economic feasibility. Specifically, the simulation system are very useful for decision making by construction managers to select the optimum equipment and construction method with a better understanding for safety and cost-saving.