• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.67-72
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• 2003

Infrastructure asset management is a methodology for programming infrastructure capital investments and adjusting infrastructure service provision to fulfil established performance, considering the life-cycle perspective of infrastructure. In this study, the methodologies for infrastructure asset management system implemented in sewer management system, bridge management system, pavement and highway management system, and embankment dam management system are described with focus on the system in U.S. As the major methodology to support the decision-making for asset mangers to better allocate the limited funds to the area needing it the most. various demand forecasting methodologies used in wastewater, water, transportation, electricity, and construction are also introduced for their applicability towards infrastructure asset management.

• Proceedings of the KSRS Conference
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• 2007.10a
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• pp.357-360
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• 2007

An asset tracking using wireless sensor network is concerned with geographical locations of sensor nodes. The limited size of sensor nodes makes them attractable for tracking service, at the same time their size causes power restrictions, limited computation power, and storage restrictions. Due to such constrained capabilities, the wireless sensor network basically assumes the failure of sensor nodes. This causes a set of concerns in designing asset tracking system on wireless sensor network and one of the most critical factors is location uncertainty of sensor nodes. In this paper, we classify the location uncertainty problem in asset tracking system into following cases. First, sensor node isn't read at all because of sensor node failure, leading to misunderstanding that asset is not present. Second, incorrect location is read due to interference of RSSI, providing unreliable location of asset. We implemented and installed our asset tracking system in a real environment and continuously monitored the status of asset and measured error rate of location of sensor nodes. We present experimental results that demonstrate the location uncertainty problem in asset tracking system using wireless sensor network.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2008.11a
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• pp.227-232
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• 2008

Recently, Operators of Facilities perform Asset Management for extending life-cycle of Facilities. Moreover government recommend Asset Management for educational facilities through the statute as promotion law for educational facilities business, regulations of operating educational facilities business. Operators of Education Facilities also have recognized Asset concept of the educational facilities, and established and operated each systems. However, OO university isn't performing Asset Management efficiently because of absence of own structure system and Asset Management system. Therefore, this study analysed the present condition of Asset Management of OO university, and offered basic references that efficiently improve the present Asset Management and suggest not only the reasonable operation but also management organization.

• International conference on construction engineering and project management
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• 2013.01a
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• pp.576-582
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• 2013

Typical highway infrastructure systems include roadway pavement, drainage systems, tunneling, and other hardware components such as guardrails, traffic signs, and lighting. Tunnels in a highway system have provided significant advantages to overcoming various natural challenges including crossing underneath bodies of water or through mountainous areas. While only a few tunnel failure cases have been reported, the failure rate is likely to increase as these assets age and because agencies have not emphasized tunneling asset management. A tunnel system undergoes a deterioration life cycle pattern that is similar to other infrastructure systems. There are very few agencies in the United States implementing comprehensive tunnel asset management programs. While current tunnel asset management programs focus on inspection, maintenance, and operation safety, there is an increasing need for the development of a comprehensive life cycle tunnel asset management program. This paper describes a conceptual framework for a comprehensive tunnel asset management program. The framework consists of three basic phases including a strategic plan, a tactical plan, and an operational plan to provide better information to the decision makers. The strategic plan is a basic long term approach of tunnel asset management. The tactical plan determines specific objectives and the operational plan actually applies asset management objectives in practice. The information includes operational condition, structural condition, efficiency of the system, emergency response, and life cycle cost analysis for tunnel capital improvement project planning.

• Land and Housing Review
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• v.12 no.1
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• pp.165-175
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• 2021

A preliminary study was conducted to introduce the concept of asset management in developing maintenance strategies for public facilities. A survey was carried out to analyze public institutions' maintenance status, thereby leading to an asset management system. The survey identified the maintenance priorities for the asset management system, evaluated the weight factor in selecting facilities, and analyzed the current maintenance system. The purpose of the study is to assess the system transitioning to asset management systems considering the life cycle of the facilities from safety management-oriented maintenance policies. As a consequence of the survey results, the study presents data for establishing an asset management system.

• KEPCO Journal on Electric Power and Energy
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• v.7 no.1
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• pp.79-84
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• 2021

The fundamental element to be kept for big data analysis, artificial intelligence technologies and asset management system is a data quality, which could directly affect the entire system reliability. For this reason, the momentum of data cleaning works is recently increased and data cleaning methods have been investigating around the world. In the field of electric power, however, asset data cleaning methods have not been fully determined therefore, automatic cleaning algorithm of asset data for transmission cables has been studied in this paper. Cleaning algorithm is composed of missing data treatment and outlier data one. Rule-based and expert opinion based cleaning methods are converged and utilized for these dirty data.

• KEPCO Journal on Electric Power and Energy
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• v.7 no.1
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• pp.73-77
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• 2021

As the big data analysis technologies has been developed worldwide, the importance of asset management for electric power facilities based data analysis is increasing. It is essential to secure quality of data that will determine the performance of the RISK evaluation algorithm for asset management. To improve reliability of asset management, asset data must be preprocessed. In particular, the process of cleaning dirty data is required, and it is also urgent to develop an algorithm to reduce time and improve accuracy for data treatment. In this paper, the result of the development of an automatic cleaning algorithm specialized in overhead transmission asset data is presented. A data cleaning algorithm was developed to enable data clean by analyzing quality and overall pattern of raw data.

• Korean Journal of Remote Sensing
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• v.23 no.5
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• pp.465-471
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• 2007

Many hospitals have been considering new technology such as wireless sensor network(WSN). The technology can be used to track the location of medical devices needed for inspections or repairs, and it can also be used to detect of a theft of an asset. In an asset-tracking system using WSN, acquiring the location of moving sensor nodes inherently introduces uncertainty in location determination. In fact, the sensor nodes attached to an asset are prone to failure from lack of energy or from physical destruction. Therefore, even if the asset is located within the predetermined area, the asset-tracking application could "misunderstand" that an asset has escaped from the area. This paper classifies the causes of such unexpected situations into the following five cases: 1) an asset has actually escaped from a predetermined area; 2) a sensor node was broken; 3) the battery for the sensor node was totally discharged; 4) an asset went into a shadow area; 5) a sensor node was stolen. We implemented and installed our asset-tracking system in a hospital and continuously monitored the status of assets such as ventilators, syringe pumps, wheel chairs and IV poles. Based on this real experience, we suggest how to differentiate each case of location uncertainty and propose possible solutions to prevent them.

• Journal of the military operations research society of Korea
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• v.31 no.2
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• pp.13-27
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• 2005

The most portion of the Korean Army's ammunition management system has achieved efficiency and automation based on the Ammunition Information System (AIS). However, a few limitations for the automation system constructed at each site, exist in verifying the real time situation. At the present state of technology, the asset visibility of the located ammunitions is basically achieved. On the other hand, the ammunitions in the middle of transportation are difficult to achieve asset visibility. The RFID(Radio Frequency Identification) technology could be an appropriate solution in these circumstances. Therefore, the objective of this paper is to apply the RFID to improve defense asset management, total asset visibility and ammunition distribution efficiency in the ammunition management system of the Korean Army.

• International Journal of Highway Engineering
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• v.19 no.3
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• pp.19-30
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• 2017

PURPOSES : This study proposes the road asset valuation approach using alternative depreciation methods. It has become necessary to have asset management system according to the adoption of accrual basis accounting for governmental financial reporting and the amendment of the road act. Therefore, it is very important to analyze the effect of depreciation methods on road asset value as a basic research for road asset management system. METHODS : The Ministry of Strategy and Finance (MOSF) has mainly performed road asset valuation based on Write down Replacement Cost and Straight Line depreciation method. This study suggests some appropriate asset valuation methods for road assets through case analysis using three depreciation methods: Consumption-based depreciation method, Condition-based depreciation method, and Straight Line depreciation method. A road asset valuation data of national highway route 1 (year 2014) is used to analyze the effect of three depreciation methods on the road asset value. Road assets include land and structures (pavement, bridge, and tunnel). This study mainly focuses on structures such as bridges and tunnels, because according to governmental accounting standards, land and road pavement assets do not depreciate. RESULTS : The main results of this study are as follows. Firstly, overall asset value of national highway route 1 was estimated at 6.97 trillion KRW when MOSF's method (straight-line depreciation method) is applied. Secondly, asset value was estimated at 4.85 trillion KRW on application of consumption-based depreciation method. Thirdly, asset value was estimated at 4.37 trillion KRW when condition-based depreciation method is applied. Therefore, either consumption-based or condition-based depreciation methods would be more appropriate than straight-line depreciation method if we can use the condition data of road assets including land that are available in real time. CONCLUSIONS : Since road assets such as pavements, bridges, and tunnels have various patterns of deterioration and condition monitoring period, it is necessary to consider a specific valuation method according to the condition of each road asset. Firstly, even though road pavements do not depreciate, asset valuation through condition-based depreciation method would be more appropriate when requirements for application of non-depreciation approach are not satisfied. Since bridge and tunnel facilities show various patterns of deterioration and condition monitoring period by type and condition level, consumption-based depreciation method based on deterioration model would be appropriate. Therefore, it is necessary to have a reasonable asset management system to apply condition-based depreciation method and a periodic condition investigation to manage road assets well.