• Title/Summary/Keyword: life cycle cost breakdown structure

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Life Cycle Cost Breakdown Structure Development of Buildings through Delphi Analysis

  • Jeong, Jae-Hyuk;Shin, Han-Woo;Ryu, Han-Guk;Kim, Gwang-Hee;Kim, Tae-Hui
    • Journal of the Korea Institute of Building Construction
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    • v.12 no.5
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    • pp.528-538
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    • 2012
  • With domestic construction projects becoming bigger, more specialized and more advanced, the construction industry is striving to improve quality and quantity, and is diversifying functions and shapes. Nevertheless, the process of a construction project causes problems when we estimate construction price, because the cost breakdown structures are different in each step. The primary aim of this study was to estimate building life cycle cost using the Delphi method. The cost breakdown structure for life cycle cost was classified into planning, design, construction, maintenance and waste disposal, and each detailed classification was determined by estimating life cycle cost. Moreover, the developed cost breakdown structure is verified by consulting with experts to secure objectivity and validity.

A Linkage Method for the Life Cycle Cost Breakdown Structure through an Analysis of Boundary Conditions (경계조건 분석을 통한 LCCBS 연계방안)

  • Jeong, Jae-Hyuk;Kim, Tae-Hui
    • Journal of the Korea Institute of Building Construction
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    • v.13 no.4
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    • pp.321-332
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    • 2013
  • Costs and expenses are intertwined and incurred throughout an entire construction project, even from the pre-construction phase, and each phase has a different impact on the life cycle cost (LCC). However, the cost breakdown structure (CBS) is different in each phase of a building construction project, which makes it hard to reasonably calculate construction cost. For this reason, the boundary conditions were analyzed in this study based on the life cycle cost break structure (LCCBS). In addition, breakdown factors were analyzed based on the boundary conditions to derive a linkage method. The validity of the linkage method was verified through application to actual construction projects. Through the analysis, it was found that the problem of items being left out was reduced by more than 97.2 percent, and the work was done an average of 6 hours faster compared to the conventional method. It is expected that by applying the new LCC system, LCC will be both reduced and calculated in a more efficient manner.

An Analysis on Cost Factor Reduction of Life Cycle for High Speed Train(KTX-1) Based on the Maintenance Information (유지보수정보를 활용한 고속철도차량(KTX-1) 수명주기비용 요소절감 분석)

  • Kim, Jae-Moon;Kim, Yang-Su;Chang, Chin-Young;Lee, Jong-Sung
    • Proceedings of the KIEE Conference
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    • 2011.07a
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    • pp.2169-2170
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    • 2011
  • This paper presents about the analysis on cost factor reduction using the life cycle cost model for motor block in the KTX-1. Until now, most life cycle cost of the system as a whole that has been studied. but in case of railway industry part, LCC studies are needed on the subsystem like a propulsion control system because subsystems are developed continuously localization. Therefore, In this paper presents cost breakdown structure for life cycle cost (LCC) estimation for localization development of propulsion control system (Motor Block) in high speed railway vehicle (KTX-1). Also to analysis LCC on motor block, it was analyzed physical breakdown structure (PBS) and preventive cost on propulsion control system in view of maintenance cost. Based on this, we describe life cycle cost on motor block of KTX-1.

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A Study on the Development of Life Cycle Cost Analysis Methodology in HVAC system for Decision Maker (의사 결정자를 위한 HVAC 시스템의 LCC 분석 방법론 개발에 관한 연구)

  • Jung, Soon-Sung
    • Journal of the Korean Solar Energy Society
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    • v.24 no.4
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    • pp.55-63
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    • 2004
  • The purpose of this study is to development of life cycle cost analysis methodology of HVAC system for decision maker. The results of this study are as follows; maintenance/management, equipment construction, planning/design, and demolition/sell phases (1) To develop the cost breakdown structure for LCC in HVAC system, this study apply the method of additional pertinent level, title, CBS number, block number and variable index. (2) LCC analysis order of HVAC system compose four phase. (3) Life cycle costing influence diagram can bring us to make the most efficient decision through a visual graphical diagram that is shown relationship among variables and that decision maker traces easily from life cycle cost analysis situation.

Analysis of Construction Work Breakdown Structure of Maintenance of Educational Facility (학교시설물 유지관리를 위한 공사 분류 체계 분석)

  • Ryu, Hanguk
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2015.05a
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    • pp.251-252
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    • 2015
  • Enough school facility maintenance data should be accumulated in a database or data warehouse in order to supply information about school facility correct maintenance budget plan, budget assignment, and cycle and rate of maintenance or replacement. For those, this research analyze the present school facility maintenance practice and budget and construction cost structure. In order to solve the problems, this study analyze the present practice of maintenance and replacement and obtain LCC(Life cycle cost) data, perform expert interview and then establish construction work breakdown structure of maintenance of educational facility by combining work breakdown structure(WBS) and cost breakdown structure(CBS).

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The Life Cycle Cost Estimation for Domestic Products Motor Block of KTX-1 Considering Periodic Maintenance (유지보수정보 주기를 고려한 KTX-1 모터블럭 개발품의 수명주기비용 예측)

  • Yun, Cha-Jung;Noh, Myoung-Gyu;Kim, Jae-Moon
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.62 no.2
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    • pp.288-292
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    • 2013
  • This paper presents the result of life-cycle cost (LCC) estimation for domestic products propulsion control system (motor block unit) of KTX-1 considering periodic maintenance. Life cycle costing is one of the most effective approaches for the cost analysis of long-life systems such as the KTX-1. Life cycle costing includes the cost of concept design, development, manufacture, operation, maintenance and disposal. To estimate LCC for domestic products motor block unit, it was analyzed physical breakdown structure (PBS) on motor unit in view of maintenance cost and unit cost etc. As a results, life cycle cost on motor block unit increased moderately expect for periodical time when major parts are replaced at the same time. hereafter this results will be reflected in the domestic products being developed.

A STUDY ON THE LIFE CYCLE COST ANALYSIS IN LIGHT RAIL TRANSIT BRIDGES: FOCUSED ON SUPERSTRUCTURE

  • Lee Du-heon;Kim Kyoon-tai;Kim Hyun Bae;Jun Jin-taek;Han Choong-hee
    • International conference on construction engineering and project management
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    • 2007.03a
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    • pp.30-40
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    • 2007
  • The demand for light-rail construction projects has recently been increasing, and they are mostly supervised by private construction companies. Therefore, a private construction company that aim to raise gains from the operation of the facilities during the contract period greater than what they invested should b able to accurately calculate the costs from the aspect of Life Cycle Cost (LCC). In particular, a light-rail transit bridge that has a heavier portion from the aspect of the cost of light-rail transit construction requires a more accurate calculation method than the conventional LCC calculation method. For this, an LCC analysis model was developed and a cost breakdown structure was suggested based on literature review. The construction costs by shape of the upper part of a light-rail transit were calculated based on the cost breakdown system presented in this paper, and the cost generation cycle and cost unit price were collected and analyzed based on records on maintenance costs, rehabilitation and replacement. In addition, after forming some hypotheses in order to perform the LCC analysis, economic evaluation was conducted from the aspect of the LCC by using performance data by item.

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Automated Methodology for Linking BIM Objects with Cost and Schedule Information by utilizing Geometry Breakdown Structure (GBS)

  • Lee, Kwangjin;Jung, Youngsoo
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.637-638
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    • 2015
  • There has been growing interests in life-cycle project management in the construction industry. A lot of attention is given to Building Information Modeling (BIM) which stores and uses a variety of construction information for the life cycle of project management. However, due to the additional workload arising from BIM, its expected effects versus its input costs are still under discussion in practice. As an attempt to address this issue, one of previous studies suggested an automated linking process by developing Standard Classification Numbering System (SCNS) and Geometry Breakdown Structure (GBS) to enhance the efficiency of integration process of BIM objects, cost, and schedule. Though SCNS and GBS facilitates identifying all different dataset, making object sets and linking schedule activities still needs to be manually done without having an automated tool. In this context, the purpose of this paper is to develop and validate a fully automated integration system for 3D-objects, cost, and schedule. A prototype system for single family homes (Hanok) was developed and tested in order to verify its efficiency.

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Breakdown Structures for Physical Asset Management in Built Environment (건설 산업의 시설물 자산관리를 위한 분류체계 역량)

  • Gebremichael, Dagem Derese;Moon, Kyeongpil;Lee, Yunsub;Jung, Youngsoo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2021.05a
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    • pp.305-306
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    • 2021
  • Breakdown structure (BS) is a tool used to allocate information packages for various management functions and drive computerized information systems. Although several BS exists, work breakdown structures (WBS) and cost breakdown structures (CBS) are the most widely studied and used in previous literature. Nevertheless, heterogeneity of BS and respective management capabilities in current practices are not adequately addressed. In this context, this paper compared the management capabilities of various BS in both building and plant industries through systematic literature. Management requirements and applications scope, in terms of life cycle and stakeholder, were analyzed, respectively. Finally, finding and lesson-learned are outlined.

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A Study on the Development of Optimal Alternative Selection Model to Renew Building Equipments System (건축설비시설의 갱신을 위한 최적 대체안 선정모델 개발에 관한 연구)

  • 윤동원;이정재;정광섭;한화택;정순성
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.12 no.10
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    • pp.950-961
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    • 2000
  • The objective of this study is to develop optimal alternative selection model for renewing building equipments system. Cost Breakdown Structure of LCC in HVAC systems are deduced from resonable data and factors. As for Cost Breakdown Structure of LCC in HVAC system, pertinent level, title, CBS number, and block number are determined efficiently. Especially, in addition to current cost factor, it is possible to make Cost Breakdown Structure using present worth method more clear. A model of POWER LCC ver 1.0 used to analyze primary cooling system, heating system, and air conditioning system are POWER LCC ver 1.0_/sub SYSTEM/ : C1+ C2- C3+ C4+ C5+ C6+ C7±C8+ C9- C10/sub -1/+ C10/sub -2/+ C10/sub -3/, and is implemented with consideration of Cost Breakdown Structure and their summation using present-worth method. It is programmed with one of scientific languages, MATLAB 5.3.

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