• Korean Journal of Construction Engineering and Management
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• v.19 no.5
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• pp.3-9
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• 2018

Although Life Cycle Cost (LCC) must be evaluated by experts, sometimes it may not allow a sufficient time for even the experienced LCC expert to make rational decisions. Therefore, it often ends with relatively comparing the final numbers. We have broken down 110 technical proposals that are actually bade and accepted for large construction projects, and then have analyzed the uncertainty of Maintenance and Energy (M&E) cost during building life cycle, which turns out be the most volatile factor in uncertainty of LCC. Also we suggest "Value Engineering Index (VEI)" - the reduced M&E cost that is normalized by the reduced first cost. It is analyzed that the most uncertain factors of the M&E cost include repair and replacement term differing from each project, duplicated repair and replacement, non-standard repair items, and site-specific energy cost. Eventually we propose a VEI population with a mean of 1.38 and a standard deviation of 1.19, which is obtained by individually and exclusively applying the uncertain factors of the M&E cost to the 35 standard sample of technical proposals. The LCC evaluators may be able to use the VEI population as the benchmark to select the technical proposal with the most reasonable LCC among many others in two suggested manners; the one is to deterministically calculate the probability of single VEIs, and the other is to stochastically calculate the probability of the VEIs where uncertainty is quantified.

• Journal of Environmental Policy
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• v.10 no.4
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• pp.39-59
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• 2011

In this article, I would like to analyze the conditions in applying the LCC method for each construction type by selecting 10 apartment complexes among the Turn-key projects which have been ongoing for the last 5 years. In addition, this article will identify the problems to the application of double landscape architecture and suggest improvement measures. Among the 10 case targets, a total of 151 LCC analyses were conducted, and the average application ratio placing for each construction type was shown in the following order: architecture (34.4%)> electricity (21.2%)>machine (18.5%)>civil engineering (13.2%)>landscape architecture (12.6%). As numbers show, landscape architecture was the lowest. The ratio of LCC reduction amount was shown in the following order: machine (32.1%)> architecture (23.9%)>electricity (23.4%)>civil engineering (17.5%)>landscape architecture (3.1%). The field of landscape architecture had a reduction amount that was about 5 to 6 times lower than civil engineering which had a similar number of LCC analysis cases. The total LCC analysis items of landscape architecture was 19, including 15 double packing material, 1 building covering, 1 grass planting, 1 planting infrastructure, and 1 facility. The following measures were suggested to promote LCC analysis in landscape architecture: first, set an analysis item that considers the construction expense ratio of landscape architecture; second, legal regulation of landscape architecture and expansion of its application; third, prepare VE/LCC standards which are suitable for landscape architecture.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.469-472
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• 2003

A life cycle cost analysis model for public water supply systems should be different from the ones for other civil and architectural facilities as the operation and the maintenance cost of the water supply systems mainly come from the various mechanical systems and the pipeline systems of the collecting/treating/distributing facilities. This paper presents a cost classification scheme and a life cycle cost analysis model for public water supply systems. A value analysis (VA) procedure that is well suited for practical purposes is also presented. The presented life cycle model and the value analysis procedure were applied to a real world project, and this case study is discussed in the paper. The model and the procedure presented in this study can greatly contribute to the value-oriented design alternative selection, the estimation of the maintenance cost, and the allocation of budget for water supply system construction projects.

• Proceedings of the Computational Structural Engineering Institute Conference
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• 2009.04a
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• pp.553-556
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• 2009

최근 우리나라의 건설 분야에서는 생애주기비용(Life Cycle Cost;이하 LCC)/가치공학(Value Engineering; 이하 VE)을 적용한 구조물 설계가 실시되고 있다. 이는, 건설교통부에서 공공건설사업의 효율성을 제고하기 위하여 실시하고 있으며, 대통령령에 따라 "건설기술관리법시행령"을 제정하여 공공사업분 수행 절차와 기준을 법제화 하였으며 이후 시행령 38조 13의 "설계의 경제성등 검토" 실시를 의무화하는 시행지침을 작성하여 수행하고 있다. 이러한, LCC/VE의 검토에서 보수 보강 공사비 산정은 유지보수공사 프로파일링을 통한 보수 보강 시기를 산정(건설교통부, 2003)하여 교량 구성요소별 보수 교체 주기를 산정(건설교통부, 2001)에서 제시한 기간을 적용하여 LCC/VE를 평가하고 있다. 하지만, 이러한 보수 보강 공사비의 적용은 일괄적인 적용이며, 예전 국내의 교량 건설기술이 현재와 같이 발전된 상태에서의 현황이 아니므로 본 연구에서는 현재 고속국도에 완공되어 운용중인 교량 구조물을 시설물의 안전관리에 관한 특별법 시행령(2008)에 따른 "시설물의 안전점검 및 정밀안전진단 지침"에 의한 교량의 초기점검, 정밀점검 및 정밀안전진단 자료를 조사 분석하여 보수 보강 공사비 곡선을 추정하려 한다.

• Proceedings of the KSR Conference
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• 2004.06a
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• pp.1001-1006
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• 2004

Selection of optimal railway line is taken into consideration include of the purpose of railway, geographical features and facility of management. This study performed opinions of specialists, checking of industrial environment, analysis of bid guideline to select the optimal line and executed AHP method to make quality model and choose weight factors. Therefore, this study executed about six categories which are the efficiency of transportation, facility of planning and construction, economical efficiency, coincidency of planning, the civil appeal and environmental standards, connection with system, and indicated the differences of other method by analyze into specific factors of each categories.

• Proceedings of the KSR Conference
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• 2007.05a
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• pp.295-302
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• 2007

The objective of this paper is to evaluate the proposed design by the Value Engineering (VE) analysis for the gravel ballast and the concrete ballast track structures. However, reliabilities about the VE analysis results based on Life-Cycle Cost(LCC) has not been fully benefited from VE implementation due to disregard of basic principles and lack of systematic performance measurement systems. In this paper, the VE analysis using the Delphi survey of professional group is proposed to decide reasonable determinants for investment and alternative design in construction project of railway tracks. Moreover, the efficiency of VE analysis is invested by an application of the developed methodology to track structures.

• Journal of Korean Tunnelling and Underground Space Association
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• v.20 no.1
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• pp.119-130
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• 2018

The VE/LCC study on the existing multi-utility tunnel examined the economical feasibility of the collective area through the cost-benefit analysis of the ten major routes of Seoul for the benefit (7 items) and the cost (5 items) through quantitative methods. In this paper, we analyzed the economic efficiency of 61 sectors by adding 3 items (reduced traffic accident, reduced vehicle noise, social-economic loss). The reduced traffic accident item is an improvement of the traffic accident cost that can be saved by the implementation of the project, and the reduced vehicle noise item is an indicator of the amount of noise change caused by the implement of the business. Finally, the social-economic loss items represent the impact on the local economy due to the construction of the multi-utility tunnel. The amounts of the additional items were compared and items added in the open type and tunnel type multi-utility tunnel were analyzed for each analysis. Result on the analysis, it analyzed the items applied to the basic and detail models in the economic evaluation of the multi-utility tunnel design, and makes it possible to evaluate the economic efficiency more efficiently. The economic evaluation of the basic and detailed models including the items presented in this study will be often used in the design of the multi-utility tunnel design.

• Korean Journal of Construction Engineering and Management
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• v.17 no.2
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• pp.31-38
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• 2016

In a construction project, the portion for maintenance costs for a building is considerable compared to the initial construction cost. As such, Life Cycle Cost (LCC) analysis is being increasingly utilized to assess the design value of engineering work in Korea. Additionally, the Public Procurement Service in Korea announced that it will be mandatory for all domestic construction projects to adopt BIM. Furthermore, the paradigm for architectural design has shifted from 2D to 3D, and to BIM, which includes a data management system. Within this background, however, there is currently no adequate BIM-based LCC analysis software and the requirements of cost estimation for repair and replacement cost for a building is not completely adequate in BIM tools such as Revit and Archicad. Therefore, this study suggests a process of cost estimation for repair and replacement (R&R) cost based on IFC data. First, we analyzed existing R&R criteria and defined BIM-based requirements when calculating R&R costs. These requirements were extracted from relevant IFC data. Subsequently, this was saved to a database and a BIM-based database was built for R&R cost estimation. Finally, this database was connected with external databases such as R&R Criteria DB and Cost Information DB to calculate R&R costs. This process is expected to improve upon the traditional process of cost estimation of R&R cost by applying a BIM model. The proposed process can contribute to a further standardizing of BIM-based LCC analysis thru application to initial construction costs, energy costs, and other maintenance costs.

• Journal of the Korean Society of Environmental Restoration Technology
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• v.13 no.1
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• pp.93-102
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• 2010

Greening sometimes fails because its method is not suitable for various site conditions, therefore the trend of selecting a revegetation method in Korea today is through test construction. However, due to enlargement, complication and diversification of domestic construction businesses, the importance of VE is gradually increasing as effective efforts over a whole life-cycle to obtain goals such as quality improvement and cost reduction, and not only quality and economic efficiency but also substantiality need to be considered in comparing revegetation methods. For this study, Sungnam~Janghowon (area1), where comparatively various slope revegetation methods are used, was selected the investigation site. The site was divided into three areas:blasting rock, ripping rock and earth sand. The revegetation methods used were six in the blasting rock area, five in the ripping rock area, and two in the earth sand region. 2007 monitoring data was analyzed, and Value (V) was calculated with LCC related ratio, and compared and contrasted with the evaluation of prior revegetation methods. Therefore it is believed that this analysis enables selection of the most appropriate method, unbiased towards one particular characteristic such as quality, vegetation growth and economy. When aiming for a durable effect, it shall be more efficient to select the most appropriate method focusing on LCC analysis, which deals with the economic aspect, as well as the design function aspect.

• Journal of the Korean Institute of Landscape Architecture
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• v.42 no.5
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• pp.101-109
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• 2014

In order to save costs and enhance quality in construction without damaging the environment, the VE/LCC analysis method is increasingly used. This study was carried out to conduct a value analysis for the ecological restoration of a slope considering life cycle cost and performance. The construction conditions were classified into three types(A, B, C) according to the condition of each base. Three construction methods for slope ecological restoration were selected by each condition. Eventually, a value analysis was conducted for total nine conditions by analyzing the life cycle cost and performance. The gradient of slope and base of Condition 1 were below 1:1.2 and general soil, while condition 2 and 3 were below 1:1.0(reaping rock) and below 1:0.7(soft rock, blasted rock), respectively. A value analysis was conducted based on the value estimated via life cycle cost and performance analysis. The result showed that the B construction method had the highest value in Condition 1 as it showed 108.4, while A and C showed 90.3 and 45.8, respectively. When it comes to Condition 2, Construction Method A indicated the highest value as it showed 89.1(B: 47.5, C: 47.0). In Condition 3, Construction Method A(89.1) was the highest, while B and C showed 55.4 and 40.2, respectively. Based on the result of this study, in order to make a reasonable decision that can enhance quality and reduce costs in slope ecological restoration, the slope ecological restoration method must be reviewed in consideration of life cycle cost and performance.