• Title/Summary/Keyword: Cost Evaluation

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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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A Study on Reliability Evaluation for Constructing Inner Grid of Offshore Wind Farm (해상풍력단지의 내부 계통망 구성을 위한 신뢰도 평가에 관한 연구)

  • Bae, In-Su;Shin, Je-Seok;Kim, Jin-O
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.27 no.11
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    • pp.89-95
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    • 2013
  • In resent years, Offshore Wind Farm (OWF) is being actively developed. Typically, OWF has a better wind resource than onshore one, but also have a very high investment cost and maintenance cost. Furthermore, due to a difficulty of geographical access, OWF can be affected by the failure for a longer time. As the result, OWF has a higher loss cost. Therefore, a reliability evaluation should be performed more carefully at OWF planning stage. In this paper, a methodology for the reliability evaluation on inner grid is suggested. Inner grid connects wind turbines via submarine cables and transfers power to offshore substation. According to location of the faulted cable under layouts of inner grid, the transfer ability of inner grid is influenced. In order to indicate the transfer ability of inner grid, several indices are introduced such as PNDR, EEND and EENDC. To demonstrate the methodology described in this paper, diversity case studies were performed.

The Analysis on the Determinations Factors of Container Port Competitiveness (컨테이너 항만경쟁력 결정요인 분석)

  • Lee, Ki-Tae;Baek, In-Hum
    • Journal of Fisheries and Marine Sciences Education
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    • v.27 no.1
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    • pp.262-272
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    • 2015
  • The aim of this study is to analysis factors that determine the competitiveness of container ports using the KJ and AHP methods. For this, 54 detailed attributing factors were identified both by previous studies and port users. 24 attributing factors were identified by a group of port experts. also, These were grouped 18 detailed attributing factors into 6 attributing factors by a group of port experts using the KJ method. These were made into a model of hierarchical structure with 3 levels, taking 1 goal factor, 6 evaluation factors and 18 detailed evaluation factors. The collected date of questionnaires were analyzed by a group of port experts using the AHP method. The analysis result of the evaluation factors in container port shows that port cargo volume is the most important factor, followed by port location, port cost, port service, port facility and port management. The analysis results of detailed evaluation factors in container port shows that import and export cargo volume is the most important factor, followed by transshipment cargo volume, distance from main trunk, cargo handling cost, distance from the point of importing and exporting, speediness of cargo handling, stability of cargo handling, vessel/cargo cost in port entry and leaving, punctuality in port entry and leaving, number and length of berth, collateral service cost, terminal area, hinterland accessibility, ability of terminal operation company, front depth of berth, etc.

Cost-Effectiveness Analysis of Breast Cancer Screening in Rural Iran

  • Zehtab, Nooshin;Jafari, Mohammad;Barooni, Mohsen;Nakhaee, Nouzar;Goudarzi, Reza;Zadeh, Mohammad Hassan Larry
    • Asian Pacific Journal of Cancer Prevention
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    • v.17 no.2
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    • pp.609-614
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    • 2016
  • Background: Although breast cancer is the most common cancer in women, economic evaluation of breast cancer screening is not fully addressed in developing countries. The main objective of the present study was to analyze the cost-effectiveness of breast cancer screening using mammography in 35-69 year old women in an Iranian setting. Materials and Methods: This was an economic evaluation study assessing the cost-effectiveness of a population-based screening program in 35-69 year old women residing in rural areas of South east Iran. The study was conducted from the perspective of policy-makers of insurance. The study population consisted of 35- to 69-year old women in rural areas of Kerman with a population of about 19,651 in 2013. The decision tree modeling and economic evaluation software were used for cost-effectiveness and sensitivity analyses of the interventions. Results: The total cost of the screening program was 7,067.69 US$ and the total effectiveness for screening and no-screening interventions was 0.06171 and 0.00864 disability adjusted life years averted, respectively. The average cost-effectiveness ratio DALY averted US$ for screening intervention was 7,7082.5 US$ per DALY averted and 589,027 US $ for no-screening intervention. The incremental cost-effectiveness ratio DALY averted was 6,264 US$ per DALY averted for screening intervention compared with no-screening intervention. Conclusions: Although the screening intervention is more cost-effective than the alternative (noscreening) strategy, it seems that including breast cancer screening program in health insurance package may not be recommended as long as the target group has a low participation rate.

Development of Reliability for Conceptual Cost Estimates in Construction Projects (건축프로젝트 개산견적 신뢰도 향상 방안)

  • An, Sung-Hoon;Kang, Kyung-In
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2006.11a
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    • pp.175-180
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    • 2006
  • Total conceptual cost estimates and the assessment of the reliability of these estimates are critical in the early stages of a building construction project. The purpose of this study is to propose the method to clients or estimators for improving the reliability of conceptual cost estimates by evaluating the reliability of conceptual cost estimates. The data from 83 building construction projects were collected for this study. The results showed that the proposed method can propose alternatives to clients or estimators for improving the reliability of conceptual cost estimates with the process of evaluation, review and feedback. This process can assist clients in their evaluation of the reliability of the estimated cost and the probability of exceeding the target cost, and in their re-estimation after dealing with the elements that influence the conceptual cost estimate badly.

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Current State and Challenges of Pharmacoeconomic Evaluation in Korea (우리나라 의약품 경제성평가의 현황과 과제)

  • Choi, Sang-Eun
    • Journal of Preventive Medicine and Public Health
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    • v.41 no.2
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    • pp.74-79
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    • 2008
  • Since the positive listing system for prescription drug reimbursement has been introduced in Korea, the number of pharmacoeconomic evaluation studies has increased. However it is not clear if the quality of pharmacoeconomic evaluation study has improved. Due to the lack of randomized clinical studies in Korean health care setting, Korean economic evaluation studies have typically integrated the local cost data and foreign clinical data. Therefore methodological issues can be raised in regard to data coherence and consistency. But the quality of data was not questiened and the potential bias has not been investigated yet. Even though changes in policy have encouraged the undertaking of pharmacoeconomic evaluations, there is few public-side funding for validation study of cost-effectiveness models and data. Several companies perform economic evaluation studies to be submitted on behalf of their own products, but do not want the study results to be disclosed to the academic community or public. To improve the present conduct of pharmacoeconomic evaluations in Korea, various funding sources need to be developed, and, like other multidisciplinary areas, the experts in different fields of study should collaborate to ensure the validity and credibility of pharmacoeconomic evaluations.

ROADWAY PERFORMANCE EVALUATION USING FUNCTION ANALYSIS METHOD OF VALUE ENGINEERING

  • Jong-Hyun Park;Yong-Jang Lee;In-Su Jung;Chan-Sik Lee
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1528-1533
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    • 2009
  • Infrastructure is provided to the user through long-term project period and large-scale working expenses. Existing facilities are getting old as time goes by. Accordingly, proper maintenance is required and generally more maintenance cost than initial invested cost is needed during life cycle. Therefore, a specific plan that just increases the value of facilities is required by evaluating performance of facilities and inputting minimum maintenance cost. Value engineering that increases the value of object by systemically analyzing Life Cycle Costs and function is actively promoted at the design phase of construction. These efforts can increase the performance of facilities at the maintenance phase of infrastructure. This study is to search how to evaluate the performance of Roadway by utilizing function analysis, as a core part of VE in the maintenance phase. In order to this a new evaluation criteria were proposed by adding an evaluation items to the existing criteria through the research of old documents, status of roadway maintenance and function analysis of VE. The results of this study may promote the effective performance evaluation to determine a resolution of roadway congestion in future. A succeeding study using the proposed evaluation criteria will be required.

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A Design of Cross Effect Evaluation System for Estimating the Effectiveness of R&D Projects (R&D프로젝트군의 효과추정을 위한 복합효과 평가시스템의 설계)

  • 강일중;권철신;박준호
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.11a
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    • pp.21-24
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    • 2003
  • $\ulcorner$Cost Effectiveness Analysis$\lrcorner$ has been widely used to evaluate the effectiveness of R&D resources. But, almost of cost effectiveness evaluation systems have some problems, especially the cross effect among R&D projects has not been considered. To solve this problem, we have designed a new $\ulcorner$Cross Effect Evaluation System(CEES)$\lrcorner$, which are able to estimate multi-effects and cross effects by completion time among several projects.

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The Single Effect Evaluation System for Analyzing the Effectiveness of R&D Project (R&D프로젝트의 효과분석을 위한 단독효과평가체계)

  • Gwon Cheol Sin;Park Jun Ho;Gang Il Jung
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.05a
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    • pp.966-971
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    • 2003
  • [ $\lceil\;Cost Effectiveness Analysis\;\rfloor$ ] has been widely used to evaluate effectiveness of R&D resources. But, almost of cost effectiveness evaluation systems have some problems, especially estimating method of effect on R&D project is very rough and imprecise. To solve this problem, we have designed new single effect evaluation system, which are able to apply the distribution of order statistics and to transform relative measure into absolute measure for getting single effect.

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Optimum Collector Area and Economic Evaluation for the Greenhouse Heating (태양열 온실 난방에 대한 최척 집열 면적과 경제성 평가)

  • Pak, Ee-Tong;Kim, Kyu-In
    • Solar Energy
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    • v.2 no.1
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    • pp.49-58
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    • 1982
  • Aim of this study was to obtain the heating performance and the economic evaluation on solar heating system for greenhouse which area of floor was $90m^2$. For heating performance effective solar energy for the greenhouse was compared with overall heating loads including coefficient of heat transfer and conduction. And the economic evaluation solar heating system was evaluated by comparison its initial investiment costing with oil saving cost. Initial investiment costing included collector cost, storage cost, piping cost, control system cost and miscellaneous costs which included pumps, motors etc. The contents of this study included the survey of climate conditions for solar heating, long-term collector performance and optimum collector area of solar heating system in existing greenhouse. The results are follows: 1. Average horizontal radiation during winter was $2,434Kcal/m^2$ day which was the highest value in this country, so the climate conditions of Suwon was suitable for solar heating. 2. Resulting calculation of the optimum collector area was $30m^2$ and the solar energy accounted for 30% of the overall heating load. 3. The capacity of storage tank required 60 liter per unit area ($m^2$) of solar collector.

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