• Title/Summary/Keyword: Project Life-cycle

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A Economic feasibility of HTS cable by estimating the Life-Cycle cost (Life-cycle 비용 산정을 통한 초전도케이블 경제성 검토)

  • Kim Jong Yul;Lee Seong Ryul;Yoon Jae Young
    • Proceedings of the KIEE Conference
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    • summer
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    • pp.424-426
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    • 2004
  • As power demand increases gradually, the call for underground transmission system increases. But it is very difficult and high in cost to construct new ducts and/or tunnels for power cables in metropolitan areas. HTS (High Temperature Superconducting) cable has the several useful characteristics such as increased power density, stronger fields and/or reduced losses. Therefore HTS cable can allow more power to be moved in existing ducts, which means very large economical and environmental benefits. In these days, companies world-wide have conducted researches on HTS cable. A development project for a 22.9kV class HTS cable is proceeding at a research center and university in Korea. In this paper, we investigate the expected price of HTS cable to have a merit in viewpoint of economic aspect. First, life-cycle cost of conventional cable is calculated and based on this, the expected price of HTS cable is evaluated, which HTS cable is competitive against conventional cable.

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Fundamental Investigation of Knowledge Management System for a Plant

  • Seo-kyung Won;Ji-Yune Soh;Junbok Lee ;Choong-hee Han
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.375-380
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    • 2009
  • Gas & Oil plant construction projects are increasing recently all over oil-producing countries. An EPC (Engineering, Procurement and Construction) company, which participates in the plant projects, should possess pertinent engineering licenses and EPC management skills to create high added-value. Nonetheless, there exist various risks involved in the EPC life cycle process due to such characteristics of construction projects as long duration of construction time and complicated processes along with the procured goods or services subjected to various logistics. The objective of this paper is to analyze the overall EPC life cycle for proper process and to examine various information and document. Additionally, the principal data for the analysis of the EPC process are derived from personal interviews with experts and specialty contractors of the plant projects. The results of this study would be widely used as a guide for efficient and effective management of overseas gas plant projects.

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Constitution of Work Process for the Remodeling Construction Project in Planning Phase (건축물 리모델링 기획단계에서의 사업수행 프로세스 구축)

  • Kwon, Won;Chun, Jae-Youl
    • Korean Journal of Construction Engineering and Management
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    • v.7 no.6
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    • pp.165-174
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    • 2006
  • Recently, the architecture remodeling is rising as new alternative for activating the construction market as the interest toward life cycle of buildings has increased. But the reality is that current remodeling business is suffering various types of difficulties in its performance due to the absence of general management technology and factor technology in systematic performance procedure or evaluation, etc toward remodeling effect, evaluation on performance, imperfect system for reflecting user requirements and remodeling life cycle ; planning, $feasibility ^{\circ}\hat{E}designing^{\circ}\hat{E}construction^{\circ}\hat{E}management$ along with lack of overall understanding on remodeling. Accordingly, this research has attempted to search for an effective management method through overall understanding in project performance by presenting work procedure of remodeling project and analysis items for decision making, etc centered on early planning stage out of three stages called planning, designing and construction.

A Software Architecture Life Cycle Model Based on the Program Management Perspective : The Expanded Spiral Model (프로그램 관리 관점에 기반을 둔 소프트웨어 아키텍처 생애주기 모델 : 확장된 나선형 모델)

  • Koh, Seokha
    • Journal of Information Technology Applications and Management
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    • v.20 no.2
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    • pp.69-87
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    • 2013
  • The expanded spiral model in this paper consists of five processes of architecture design, architectural construction, architectural maintenance, operation, and architectural management. The former four processes are executed alternatively, while the latter architectural management process is executed continuously interacting with the other processes during the whole life cycle of the system. The expanded spiral model provides a conceptual framework to sort discussions of architectural degeneration into those of product-oriented processes and those of management processes, making it possible to incorporate the models and body of knowledge about project and program management especially those of Project Management Institute, into discussions of architectural degeneration. A good architecture decomposes the software-intensive system into components mutually interacting in a well-formed structure. The architecture design process and the architectural construction process together create the object system with well-designed architecture. The architectural maintenance process prevents the implemented architecture deviate from the designed architecture. The architectural management process monitors the changes of requirements including architecturally significant requirements, supports the other processes to be executed reflecting various perspectives of stake-holders, and creates and documents the reasons of architectural decisions, which is considered as a key element of the architecture.

Construction Cost Segregation Process using Building Information Modeling

  • Zhou, Rong;Li, Huimin;Zhang, Chengyi;Lv, Lelin;Tian, Junrui;Cakir, Sevilay Demirkesen
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.1106-1113
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    • 2022
  • Cost segregation helps reduce tax liabilities by reclassifying real property to personal property and accelerates tax depreciation of a property. A typical cost segregation study requires much time and high costs. This study proposed a BIM integrated cost segregation process that can be applied to any commercial building project. The proposed BIM-based cost segregation process was verified in a new commercial construction project. It approved that this approach can: (1) increase the cash flow for the owner and provide assistance to tax-paying enterprises; (2) enable the contractor to use it as an added value in the bidding process; (3) realize data sharing in a common platform to improve the cost segregation study efficiency and reduce costs and errors; (4) contribute to the asset management in the life cycle of buildings while filling in the blank of cost segregation process. Future studies will focus on the automation of cost segregation and asset management in building construction's life cycle.

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A Study on Project Information Integrated Management Measures Using Life Cycle Information in Road Construction Projects (도로건설사업의 생애주기별 정보를 이용한 건설사업정보 통합관리방안 연구)

  • Kim, Seong-Jin;Kim, Bum-Soo;Kim, Tae-Hak;Kim, Nam-Gon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.20 no.11
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    • pp.208-216
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    • 2019
  • Construction projects generate a massive amount of diverse information. It takes at least five years to more than 10 years to complete, so it is important to manage the information on a project's history, including processes and costs. Furthermore, it is necessary to determine if construction projects have been carried out according to the planned goals, and to convert a construction information management system (CALS) into a virtuous cycle. It is easy to ensure integrated information management in private construction projects because constructors can take care of the whole process (from planning to completion), whereas it is difficult for public construction projects because various agencies are involved in the projects. A CALS manages the project information of public road construction, but that information is managed according to CALS subsystems, resulting in disconnected information among the subsystems, and making it impossible to monitor integrated information. Thus, this study proposes integrated information management measures to ensure comprehensive management of the information generated during the construction life cycle. To that end, a CALS is improved by standardizing and integrating the system database, integrating the individually managed user information, and connecting the system with the Dbrain tool, which collectively builds artificial intelligence, to ensure information management based on the project budget.

Life-Cycle Cost Analysis of Ballast Water Treatment System (LCC 분석에 의한 Ballast Water 처리 시스템의 경제성 평가)

  • Kim, Je-Eun;Kim, Soo-Young;Kim, Hyung-Man;Seo, Guan-Hui
    • Journal of the Society of Naval Architects of Korea
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    • v.42 no.6 s.144
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    • pp.673-678
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    • 2005
  • IMO adopted ' International Convention for The Control and Management of Ships' Ballast Water and Sediments ' on February 13th 2004. According to this convention, a ballast water treatment system should be installed in all ships obligatorily up to a standard date. When the system is installed, economic propriety should be considered. The economic propriety analysis examines the profit of a relevant project which can be presented by a equation, (Profit) = (income) - (expense) - (tax). However, the ballast water system is not for the profit during the life cycle but for the satisfaction of the regulation. Therefore, the expense should be minimum against the profit. This study presents the LCC(Life-Cycle Cost) analysis for economic evaluation of several ballast water system of foreign products.

R&D Cooperation and Life cycle (Concentrating of case study relating to Cooperation and Competition in Information Industry) (공동연구개발과 순기 모형(부 : 정보통신분야의 협력과 경쟁관계를 중심으로))

  • 김범환
    • Journal of Technology Innovation
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    • v.2 no.1
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    • pp.256-276
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    • 1994
  • This paper aims at identifying the desirable R'||'&'||'D life cycle related to government-industry cooperative R'||'&'||'D. It is based on a case study associated with the relationship between cooperation and cooperation in information in information communications sector. It presents three types of R'||'&'||'D life cycle to achieve a technological enhancement as high as possible with limited resources. The first case of R'||'&'||'D project is of "advanced type". In the generic technology phase, government takes a leading role jointly in R'||'&'||'D activities, but, in after the applied research phase, the domestic firms take the lead. This kind of cooperation can be made when competition between domestic firms is highly intense, and the technological knowledges of participating firms are at internationally competitive levels. The second type of "less-advanced type"; the firms of a country(more often a small country) lag behind in technology level, and the penetration of foreign firms in the market is limited. In this case, government takes full charge of R'||'&'||'D activities up to the applied research phase, due to the low technology level and insufficient financial resources of private firms. Lastly, this paper presents and R'||'&'||'D life cycle of "strategic" type. This applies to the case in which domestic firm with less financial resources make an attempt to increase their technological knowledges while the government, in turn, contributes to strengthen the international competitiveness of domestic industry.

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A STUDY ON THE LIFE-CYCLE FOR SELECTING A GRATING

  • Yun-Sik Kim;Dong-Wan Kang;Taehoon Hong;Chang-Taek Hyun
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1189-1194
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    • 2009
  • A gutter-shaped U grating is a facility that is installed at the sides of a road to provide pedestrians with a rainwater-free road. The previous studies on this facility focused mainly on the progress of the efforts that are being made to improve its performance and interception efficiency so as to prevent damages in regional areas due to the heavy rains caused by climate change. The studies on its maintenance, however, are still inadequate. Therefore, this study was conducted to analyze and compare the life cycle costs and performance evaluations of the steel and magic gratings, which are installed in apartments. The results of the study show that the replacement period and rate of gratings differ depending on where they are installed. The initial capital investment cost of a magic grating installed at a road where many vehicles pass is quite high, but in terms of its maintenance and entire-life-cycle costs, its total expenses are lower than those of a steel grating. The results of this study are expected to serve as preliminary data for the selection of an adequate grating that is suitable for particular places in the design phase of construction projects.

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Critical Assessment of Programme-Based Conflict Resolution Model Applied to Multiple Stakeholders Within The Context of Industrialized Building Production and Life Cycle Supply Chain System

  • Tanaka, Koji
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.551-562
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    • 2022
  • The building production system has been analysed by the dichotomy "employer-contractor" relationship, which failed to take into account of the role and function of multiple stakeholders within the life-cycle supply chain. This is further observed in the current conflict resolution model, which, in my argument, struggles to contribute to industrialize the building production and achieve better efficiency and effectiveness as expected. The purpose of this paper is to critically assess the issues of current programme-based conflict resolution model, and discuss alternative models how they can be modelled and applied to the construction projects. The conclusions of findings are; First, the current model is framed around the contracts and dispute resolutions based on the legal concept of "claimant and respondent" where one party(s) advances a claim once and the other(s) objects, as such it fails to reflect the nature of construction projects where multiple stakeholders are involved concurrently and for a long period of life-cycle of buildings. Second, an alternative is "Six-stakeholders model" which represents the multiple stakeholders and clarifies the flow of obligation-liability-monetary relationships among participants for a long period of life-cycle of buildings. Further, with reference to both historical and recent cases, a reflection and insight into pros and cons of programming method is added, especially as to why this method is considered to have become a mandate of the modern construction management, and how academics and practitioners should deal with it more cautiously and prudently.

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