• Title/Summary/Keyword: economic life cycle

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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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Low Cycle Fatigue Life Behavior of GFRP Coated Aluminum Plates According to Layup Number (적층수에 따른 GFRP 피막 Al 평활재의 저주기 피로수명 평가)

  • Myung, Nohjun;Seo, Jihye;Lee, Eunkyun;Choi, Nak-Sam
    • Composites Research
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    • v.31 no.6
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    • pp.332-339
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    • 2018
  • Fiber metal hybrid laminate (FML) can be used as an economic material with superior mechanical properties and light weight than conventional metal by bonding of metal and FRP. However, there are disadvantages that it is difficult to predict fracture behavior because of the large difference in properties depending on the type of fiber and lamination conditions. In this paper, we study the failure behavior of hybrid materials with laminated glass fiber reinforced plastics (GFRP, GEP118, woven type) in Al6061-T6 alloy. The Al alloys were coated with GFRP 1, 3, and 5 layers, and fracture behavior was analyzed by using a static test and a low cycle fatigue test. In the low cycle fatigue test, strain - life analysis and the total strain energy density method were used to analyze and predict the fatigue life. The Al alloy did not have tensile properties strengthening effect due to the GFRP coating. The fatigue hysteresis geometry followed the behavior of the Al alloy, the base material, regardless of the GFRP coating and number of coatings. As a result of the low cycle fatigue test, the fatigue strength was increased by the coating of GFRP, but it did not increase proportionally with the number of GFRP layers.

Indirect Cost Effects on Life-Cycle-Cost Effective Optimum Design of Steel Box Girder Bridge (강상자형교의 LCC 최적설계에 미치는 간접비용의 영향)

  • Lee, Kwang Min;Cho, Hyo Nam;Cha, Chul Jun;Eom, In Su
    • Journal of Korean Society of Steel Construction
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    • v.17 no.2 s.75
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    • pp.115-130
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    • 2005
  • This paper presents the effects of indirect costs on Life-Cycle-Cost(LCC) effective optimum design of steel-box girder bridges. The LCC formulations considered in the LCC optimization of the bridges consist of initial cost and expected rehabilitation costs including repair/replacement costs, loss of contents or fatality and injury losses, and indirect costs such as road user costs and indirect socio-economic losses. To demonstrate the LCC-effectiveness for optimum design of the bridges, an actual steel box girder bridge having two continuous spans(2@50m=100m) is considered as a numerical example. And also, in this paper, various sensitivity analyses are performed to investigate the effects of indirect costs caused by traffic conditions such as number of detour route, number of lane on detour route, length of detour route, and traffic volumes on the LCC-effective optimum design. From the numerical investigations, it may be concluded that indirect costs caused by traffic network may sensitively influence on the LCC-effective optimum design of steel-box girder bridges. Therefore, it may be stated that the traffic conditions should be considered as one of the important items in the LCC-effective optimum design of the bridges.

A Study on the Life Cycle Cost Analysis of Light Railroad Transit Bridges (경량전철 교량의 생애주기비용 분석에 관한 연구)

  • Lee, Du-Heon;Kim, Kyoon-Tai;An, Dong-Geun;Jun, Jin-Taek;Han, Choong-Hee
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2006.11a
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    • pp.384-389
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    • 2006
  • The needs for Light Railroad Transit(LRT) have been increased due to the heavy traffic congestions in large cities like Seoul, Korea. Korean government is seeking the LRT system development (including planning, designing, construction, and maintenance and operations) in terms of public-private-partnership (PPP). At the private sector side, it is crucial to estimate the life cycle cost (LCC) to project the cash flow during the O&M period. Since the most construction and O&M cost of LRT project is at the bridge construction, a cost analysis model and a cost breakdown structures (CBS) on LRT bridges are discussed through in depth literature reviews. Construction and maintenance cost of bridges are collected and analyzed. LCC is analyzed by types of bridge superstructures and historical data of repair and rehabilitation (R&R) is investigated. There have been scarce number of LCC analysis on railway bridges. This research delivers a well-defined CBS and maintenance cost data, which will be a great benefit to the systematic maintenance strategy development for railroad bridges.

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A Study on the Ecological Life Style in the Home and Preservation of the Earth Environment (지구환경보전과 가정에서의 생태적인 생활양식)

  • 최남숙
    • Hwankyungkyoyuk
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    • v.7 no.1
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    • pp.88-105
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    • 1994
  • Since the Rio Convention of 1992, the international community has displayed a heightened consciousness concerning the Earth environment and domestic attention on the said subject has also rapidly increased. An Ecological life style signifies the conscious efforts to preserve the environment interpreted into quotidien action. For the realization of conservation in action, an understanding of the specific details of environmental preservation must precede. The environmental conservation action in the homes was systematically approached in this study as an input-process-output and feedback cycle. The input phage is the consumer oriented buying stage, the while the process is the actual use of the products and the output stage consists of categorizing and producing wales, the feodbach being recycling of resources. At each stage the attitude which is devoted to environmental consciousness plays a big ride in the actual preservation of the Earth environment. in order to effectively conserve the environment, efforts displayed by the business sector is as important as implementation of environmentally conscious action at home. During the process of producing and distributing products, and attitude and action in preservation efforts are crncial and the responsibility ageat. For the business sector to effectively initiate environmental preservation into action, institutional support from the government and cooperation from the homes is of essence. Consolidated efforts to atter the superfrony life style into ecological life styles and ralues is essential to solve the most important socio-economic issue of the 90's of preserving the earth.

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Development of Surface Treatment Systems for Concrete Structures to Extend Service Life (내구수명 증진을 위한 콘크리트 구조물용 표면처리공법 개발)

  • Lee, Chang-Soo;Yoon, In-Seok;Lee, Kyu-Dong;Park, Jong-Hyuk
    • Journal of the Korea institute for structural maintenance and inspection
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    • v.6 no.2
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    • pp.255-261
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    • 2002
  • Concrete structures stand in poor surrounding than it has ever been met before, because they are installed in severe conditions such as chloride penetration. $CO_2$ gas, water and so on. Therefore, the countermeasure to efficiently protect from the deterioration of concrete structures should be urgently considered. From this point of view, this study was aimed to develop surface treatment systems for concrete structures, which cover physical properties, long term durability and economic consideration. Developing the optimal surface treatment materials, powder type polymer or liquid type polymer was added to inorganic base materials. Three surface treatment materials which had shown best results in primary tests were selected and durability tests were fulfilled. Consequently optimum surface treatment material was developed. The surface treatment materials, which were developed through this study, can efficiently extend the service life of concrete structures. As a result, the life cycle cost should be reduced and the waste of material resources would be cut down.

Depression of Married and Employed Women Based on Social-Role Theory (기혼 직장 여성 우울: 사회역할 이론을 중심으로)

  • Cho, In-Sook;Ahn, Suk-Hee;Kim, Souk-Young;Park, Young-Sook;Kim, Hae-Won;Lee, Sun-Ok;Lee, Sook-Hee;Chung, Chae-Weon
    • Journal of Korean Academy of Nursing
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    • v.42 no.4
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    • pp.496-507
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    • 2012
  • Purpose: This study was based on social-role theory, and purposes were to investigate (1) how depression and health determinants vary with married and employed women, and (2) what factors contribute to depression according to family cycle. Methods: A stratified convenience sample of 765 married and employed women was recruited during May to August 2010. Study variables of depression, socio-demographic threatening factors, psycho-stimulating factors, and social-role related factors were measured via a structured questionnaire. Results: Prevalence rate for depression was 18.6%, with highest rate (25.4%) from elementary laborers. Greater levels of depression were related to women's occupation, higher life stress, and poorer health; lower social support and vulnerable personality; higher levels of social-role related stress. From multivariate analysis, women with preadolescents were the most vulnerable to depression affected by occupation, life stress, personality, and parenting stress. These factors (except for occupational class) combined with economic status, social support, and housework unfairness were significant for depression in women with adolescents. Conclusion: Depression among married and employed women differs by psycho-stimulating and social role relevant factors in addition to occupational class and family life cycle. Female elementary laborers and women with children need to have the highest prioritization for community mental health programs.

Assessment of Rice Cultivation in Rural Areas from E3 (Energy, Environment, and Economy) Perspectives (E3(Energy, Environment, and Economy)관점에서의 농촌 바이오매스 평가 - 벼 재배를 중심으로 -)

  • Lee, Jimin;Kim, Taegon;Suh, Kyo
    • Journal of Korean Society of Rural Planning
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    • v.21 no.1
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    • pp.1-8
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    • 2015
  • Population growth and increasing consumption of resources in the process of the industrial development has caused environmental pollution, climate change, and resource exhaustion. Therefore 'sustainable development' has become the important issue for the future. The sustainable development aims at effective resource use, less environmental impacts, and higher social security. Generally the rural area including agricultural fields and forest has various and plentiful natural resources which could make future development sustainable. To develop potential rural resources, the values for energy, environment and economy should be assessed considering the life-cycle of resources. The purposes of this study are to suggest the E3 (Energy, Environment, and Economy) assessment model for rural biomass considering life-cycle of resource and to apply the model to rice, the major agricultural product. As the results of this study, it turned out through E3 assessment that economic gain of rice cultivation is 578,374 won/10a, carbon absorption is $1,530kgCO_2/10a$, carbon emission is $926.65kgCO_2/10a$, and bio-energy potential of by-product is 394,028 kcal/10a. When E3 assessment was applied to by province, the results varied by regions because of the amount of input during cultivation. These results would be useful to realize the rural biomass and design regional resources plan in integrated E3 perspective.

A Study on the Consumption Patterns of Poor Households (빈곤계층의 소비패턴에 관한 연구 : 2007년과 2008년의 변화 비교)

  • Joung, Won Oh;Lee, Sun Jeong
    • Korean Journal of Social Welfare Studies
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    • v.42 no.1
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    • pp.305-331
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    • 2011
  • This study analyzes the consumption patterns of the poor households. The first objective of this analysis is to show that the group living in poverty get not one consumption pattern but several types of consumption patterns. The second objective is to understand what factors effect the consumption patterns. This study use the data of Korea Welfare Panel Study in 2008 & 2009. In oder to achieve first goal, We conduct factor analysis and cluster analysis. And to achieve second goal, We conduct multinomial logistic Analysis. Major findings are as follows. First we find six patterns of consuming types of the poor households. They are education oriented consuming type, diet oriented type, social network oriented type, transportation-communication oriented type, health & medical oriented type, and housing expenditure oriented type. Second we find these consumption patterns are effected by not economic factors but socio-populational factors, especially by life cycle of members of household.

A Case Study on the Economic Analysis for an Advanced Technology-Based HYAC System Using LCC Technique (LCC 기법을 이용한 신기술 냉 $\cdot$ 난방 공조설비 시스템의 경제성 분석에 관한 사례연구)

  • Kim Yong-Su;Hwang Seong-Su
    • Korean Journal of Construction Engineering and Management
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    • v.6 no.2 s.24
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    • pp.129-138
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    • 2005
  • The purpose of this study is to assess economic effects for an advanced technology-based HVAC system. The study has been performed using LCC technique for the economic analysis. Data for LCC analysis are collected from estimation and interview of estimators and maintenance experts of buildings. Based on the LCC analysis, the economic effect of a new HVAC system has been predicted as follows : for the investment during 15 years of study period, (1) $21.6\%$ of LCC saving is predicted, (2) return rate for the investment is 4.8 times in case of new construction, and 14.4 times in case of building remodelling.