• Title/Summary/Keyword: Project Life Cycle Cost

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Comparative numerical analysis for cost and embodied carbon optimisation of steel building structures

  • Eleftheriadis, Stathis;Dunant, Cyrille F.;Drewniok, Michal P.;Rogers-Tizard, William;Kyprianou, Constantinos
    • Advances in Computational Design
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    • v.3 no.4
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    • pp.385-404
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    • 2018
  • The study investigated an area of sustainable structural design that is often overlooked in practical engineering applications. Specifically, a novel method to simultaneously optimise the cost and embodied carbon performance of steel building structures was explored in this paper. To achieve this, a parametric design model was developed to analyse code compliant structural configurations based on project specific constraints and rigorous testing of various steel beam sections, floor construction typologies (precast or composite) and column layouts that could not be performed manually by engineering practitioners. Detailed objective functions were embedded in the model to compute the cost and life cycle carbon emissions of the different material types used in the structure. Results from a comparative numerical analysis of a real case study illustrated that the proposed optimisation approach could guide structural engineers towards areas of the solution space with realistic design configurations, enabling them to effectively evaluate trade-offs between cost and carbon performance. This significant contribution implied that the optimisation model could reduce the time required for the design and analysis of multiple structural configurations especially during the early stages of a project. Overall, the paper suggested that the deployment of automated design procedures can enhance the quality as well as the efficiency of the optimisation analysis.

An Analysis of Factors Affecting Environmental Load in Earthwork Type of Road Project (도로건설공사 토공작업부에 대한 환경부하 영향인자 분석)

  • Park, Jin-Young;Im, Je-Gyu;Kim, Byung-Soo
    • Korean Journal of Construction Engineering and Management
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    • v.19 no.4
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    • pp.52-60
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    • 2018
  • In the construction industry, attempts to evaluate the environmental impact of products through life cycle assessment (LCA) approach has been on the rise. However, the domestic construction industry needs to make rapid decisions due to limited budget and schedule, so it is difficult to carry out a review of the environmental load on all resources. The decision-making process requires information on the major influence factors that should be focused on to reduce environmental load. And this information should be quantified so that it can be linked to environmental impact assessment. In this study, the LCA results of road construction cases were analyzed to provide such information. As a result, diesel, ready-mixed concrete, urethane-based paint, aggregate, and asphalt concrete were found to be the main factors that generated 93.17% of the environmental load in the earthwork type of road project. The total environmental cost caused by these affecting factors when constructing 1 km of earthwork type of road project is 242 million won. The analysis also shows that a 10% reduction in the amount of ready-mixed and asphalt concretes can reduce carbon emissions by 5.02% and 2.28% while reducing environmental costs by 11 million won per kilometer. In order to reduce carbon emissions of the earthwork type of road project, it is necessary to actively develop and introduce new methods and eco-friendly materials to reduce the overall use of ready-mixed concrete and asphalt concrete.

Advanced Work Packaging (AWP) in Practice: Variables for Theory and Implementation

  • Jung, Youngsoo;Jeong, Yeheun;Lee, Yunsub;Kang, Seunghee;Shin, Younghwan;Kim, Youngtae
    • International conference on construction engineering and project management
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    • 2020.12a
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    • pp.201-206
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    • 2020
  • Diversification of project delivery methods (PDM) under ever-changing construction business environment has significantly changed the role of project participants. Active efforts to effectively sharing the roles and responsibilities have been observed in the project management offices (PMOs) among owner/operator organizations as well as engineering, procurement, construction and maintenance (EPCM) firms. In order for being effective in a holistic way throughout the project life-cycle, a PMO needs to have 'adequate management skills' as well as 'essential technical capabilities' in cooperating with many different participants. One of the well-known examples of the PMO's tool to support these skills and capabilities is the effective 'work packaging (WP)' that serves as a common basis integrating all relevant information in a structured manner. In an attempt to enhance the construction productivity, the concept of 'advanced work packing (AWP)' has been introduced by Construction Industry Institute (CII). The AWP enables productivity to be improved by early planning of construction packages in the design phase "with the end in mind". The purpose of this study is to identify and evaluate the 'variables' of advanced work packing (AWP) for life-cycle information integration. Firstly, an extended concept of advanced WP based on the CII AWP was defined in order to comprehend many different issues of business functions (e.g. cost, schedule, quality, etc.). A structured list of major components and variables of AWP were then identified and examined for practical viability with real-world examples. Strategic fits and managerial effectiveness were stressed throughout the analyses. Findings, implications and lessons learned are briefly discussed as well.

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Analysis of Boundary Conditions for Cost Breakdown Structure in the Construction and Maintenance phase (시공단계와 유지관리단계 비용분류체계의 경계조건 분석)

  • Jeong, Jae-Hyuk;Shin, Han-Woo;Kim, Tae-Hui
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2012.05a
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    • pp.21-23
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    • 2012
  • The process of building project for planning, designing, construction, maintenance, and waste disposal are related with each other. However, we have a difficulty for estimating building's LCC due not to be flexible each other. Therefore, we analyzed the boundary condition between the process of construction and maintenance, and analyzed the factor of segment. We also suggested the Link System for flexible relation.

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Improvement Factors of Promoter Selection Evaluation Criteria for Build-Transfer-Lease Private Participation in Infrastructure Projects (BTL사업의 사업시행자 평가기준 개선 요인 분석)

  • Shin, Hyun-In;Park, Tae-Keun
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2006.11a
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    • pp.310-316
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    • 2006
  • Since 'Act on Private Participation in Infrastructure' were changed in January 2005, BTL(Build-Transfer-Lease) projects of Private Participation in Infrastructure was introduced in the domestic construction market for the purpose of providing public facilities with the public. Selecting the most qualified Promoter should be considered discreetly in BTL projects because BTL projects is for projects with approximately thirty year project life cycle, plan, construction, operating, maintenance and obviously the success of the project totally depends on the capability and role of Promoter. However, score for cost is likely to influence selecting Promoter to take the project. Accordingly, low bid contract with too much competition could decrease the quality of the construction plan and operating plan. Thus, this study did preliminary research and documents on problems of evaluation criteria for selecting Promoter in BTL projects, and proposed improvement factors by doing questionnaire over specialists of each field.

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Advanced Dual Refrigerant Expansion Cycle for LNG Liquefaction (천연가스 액화용 이중 냉매 팽창 사이클)

  • Kim, Minki;Kim, Mungyu;Lee, Kihwan;Kim, Hyobin;Lee, Donghun;Min, Joonho;Kim, Jinmo
    • Plant Journal
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    • v.15 no.2
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    • pp.46-55
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    • 2019
  • This paper presents a LNG Liquefaction cycle configuration using two stages of methane expansion (i.e. spliting into two stages as warm & cold to generate an additional inflection point within a cold composite curve) and a single stage of nitrogen expansion to improve the efficiency of the conventional Methane & Nitrogen Expansion Cycle. In comparison with Double Nitrogen Expansion Cycel and Methane & Nitrogen Expansion Cycle, the cycle efficiency has increased approximately from 13.92 and 13.13 to 12.08 kW/ton/day (8~15% efficiency increase). A Life Cycle Cost (LCC) analysis based on Net Present Value (NPV) also show an improvement in therms of project NPV, against a minor increment of a CAPEX.

An Analysis of the Uncertainty Factors for the Life Cycle Cost of Light Railroad Transit (경량전철 교량 LCC분석을 위한 불확실성 인자 분석)

  • Won, Seo-Kyung;Lee, Du-Heon;Kim, Kyoon-Tai;Kim, Hyun-Bae;Jun, Jin-Taek;Han, Choong-Hee
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.396-400
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    • 2007
  • Various ways of automated guideway transit construction are being planned recently owing to the policies of the national government and local municipalities as well as increasing investment from the private sector. Particularly, the increase in the private investment is increasing greatly in SOC (Social Overhead Cost). This trend of promoting private sector investment must be conducted on the basis of a thorough analysis of the economic feasibility of the project from the government and construction companies in the private sector. In other words, an accurate cost analysis of initial investment cost (Construction cost), maintenance/repair cost, profit making through the operation of the concerned facilities, cost of dissolution, etc. in terms of the life cycle is very much in need. Nevertheless, the analysis of uncertainty factors and its probabilistic theory are in need of development so that they can be used in the analysis of the economic feasibility of a construction project. First of all, the actual studies on maintenance/repair cost of automated guideway transit are scarce as of yet, prohibiting an accurate computation of the cost and its economic analysis. Accordingly, this study focused on the uncertainty analysis of the economic feasibility for civil engineering structures among automated guideway transit construction projects based on the rapidly increasing investment on such structures from the private sector. For this research purpose, a cost classification system for the automated guideway transit is proposed, first of all, and the data On the cost cycle of the civil structure facilities and their unit cost are collected and analyzed. Then, the uncertainty in the cost is analyzed from the perspective of LCC. In consideration of the current status with almost no. studies on maintenance/repair of such facilities, it is expected that the cost classification system and the uncertainty analysis technique proposed in this study will greatly enhance LCC analysis and economic feasibility studies for automated guideway transit projects in the future.

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EXPLORING POTENTIAL SUCCESS FACTORS FOR PROCUREMENT OF PRIVATELY FINANCED INFRASTRUCTURE

  • Xiao-Hua Jin;Chunlu Liu;Jian Zuo;Guomin Zhang
    • 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.

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A Model for Software Maintenance Cost Estimation based on Productivity (생산성 기반의 소프트웨어 유지보수 대가산정 모델)

  • Bae, Joon-Soo
    • IE interfaces
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    • v.17 no.spc
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    • pp.122-130
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    • 2004
  • Since the cost of software maintenance occupies about 50~75% in a general successful organization, the software maintenance plays an important role in software life cycle. In particular, if the managed system needs to be operated in a long term or the system is very large and complex, then the maintenance is especially more important. Software maintenance is defined as software modification activities after customer delivery, such as improvement of performance or functionality, error correction, adaptation to environmental changes, etc. In this paper, software cost estimation models are proposed, that is based on productivity of manpower in maintenance projects. In order to do this, the activities of maintenance are classified into function change, non-function change, user support and application operation. The proposed models are constructed and verified based on the real size and cost information of projects in the real world. The approach in this paper is to discriminate the heterogeneous activities in maintenance projects, and then to calculate the respective cost of each discriminated activity. By using the proposed models, the total cost of maintenance project is summed from the costs of four activities. In addition the number of conflicts between owner and order receiver about the amount of cost will be reduced and the reasonable cost estimation system will be established.

Software Development Effort Estimation Using Partition of Project Delivery Rate Group (프로젝트 인도율 그룹 분할 방법을 이용한 소프트웨어 개발노력 추정)

  • Lee, Sang-Un;No, Myeong-Ok;Lee, Bu-Gwon
    • The KIPS Transactions:PartD
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    • v.9D no.2
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    • pp.259-266
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    • 2002
  • The main issue in software development is the ability of software project effort and cost estimation in the early phase of software life cycle. The regression models for project effort and cost estimation are presented by function point that is a software sire. The data sets used to conduct previous studies are of ten small and not too recent. Applying these models to 789 project data developed from 1990 ; the models only explain fewer than 0.53 $R^2$(Coefficient of determination) of the data variation. Homogeneous group in accordance with project delivery rate (PDR) divides the data sets. Then this paper presents general effort estimation models using project delivery rate. The presented model has a random distribution of residuals and explains more than 0.93 $R^2$ of data variation in most of PDR ranges.