• Journal of Korean Society of Coastal and Ocean Engineers
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• v.20 no.4
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• pp.390-400
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• 2008

Reports on VE/LCC based coastal structural design were analyzed to derive possible improvement. VE/LCC technique may be effectively applied to making decisions in coastal structural design. However, it has not been well utilized in recent projects for some problems. Therefore, recent project reports on VE/LCC have been analyzed and merits and demerits were classified. Then, the reason why VE/LCC cannot be effectively applied to real projects was drived. Finally, some pre-requisites to improve the technique were summarized.

• Journal of the Korea Institute of Building Construction
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• v.4 no.4
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• pp.143-150
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• 2004

The purpose of this study is to assess economic effects for a new technology-based ventilation 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 technology-based ventilation system has been predicted as follows: for the investment during 15 years of study period, (1) return rate for the investment is 9.3 times. (2) 7.3% of LCC saving is predicted.

• Journal of the Korea Institute of Building Construction
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• v.3 no.4
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• pp.129-134
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• 2003

The purpose of this study is to evaluate efficiency by the Life Cycle Cost(LCC) analysis of floor covering materials for remodeling. This study has been performed as a case study. The LCC analysis is a technique which takes account into both initial-future costs and benefits of an investment over some period of time. LCC is important in commercial decision making because it provides improved assessment of the living-term cost effectiveness of construction projects as well as alternative economic methods that focus on initial costs. For LCC analysis and comparison, the present value technique is used. The results of this study are summarized as follows; (1) A LCC analysis model of floor covering materials is suggested through a case study (2) As a result of LCC case study, the type of sheet is analysed more economical than that of tile in floor covering materials.

• 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.

• Korean Journal of Construction Engineering and Management
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• v.9 no.4
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• pp.182-192
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• 2008

The purpose of this research is to identify problems and solutions of domestic Life Cycle Cost analysis in BTL(Build-Transfer-Lease), a PFI(Private Finance Initiatives) project. It is expected BTL would be quite effective delivery method for public construction introducing the private's major capital investments and technologies, and obviously LCC analysis is becoming more important factor for success of BTL projects. Nevertheless, there are still some complicated issues in LCC analysis, a technique for selecting the optimal VE(Value Engineering) proposals and estimating OM&R (Operation, Maintenance, & Repair) cost of the buildings, and has been applied limitedly. This research mainly focuses on educational facility, as most frequently delivered by BTL currently, especially with two levels (Alternative LCC and Building LCC) , which is occupied main potion in BTL project. In addition, it identifies four main problems and suggests their solutions through case studies focusing six major factors (WBS, Repair Information, Life Cycle, Time value of money, Repair Information Database, LCC Model) from three projects. Advanced development of this research requires closer partnership between the private / public sectors, and their long term strategies.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.21 no.12
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• pp.153-161
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• 2020

Building information modeling (BIM) is a smart construction technique that is recognized as essential for current construction facility projects. The Public Procurement Service (a construction project-ordering agency) announced a plan to introduce BIM and has required changing the operation of projects by using BIM design information. LCC analysis is essential for items, quantity, and cost information of the construction, and it is expected that efficient work will be achieved by using BIM design information. In this study, a BIM-LCC analysis system was established for selecting optimal design alternatives by actively using open KBIMS libraries. The BIM-LCC analysis system consists of a single alternative and an optimal alternative LCC analysis, but it has a limitation in that only the architecture and machine libraries have been applied. However, by applying BIM, practical use and work efficiency can be expected. In order to use the method as an LCC analysis support tool with BIM design information in the future, it will be necessary to collect user opinions and improve the UI.

• Proceedings of the KSR Conference
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• 2008.06a
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• pp.128-138
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• 2008

VE of the scripture season enterprises and it respected LCC analyzes from the research which it sees and to use AHP techniques and definite LCC techniques and probabilistic LCC techniques selects the optimum route the case study which it executed. It presented the quality rating model in about the resultant most route lascivious at the time of VE evaluation, in order to select the alternative of optimum AHP techniques which are one in decision-making technique and an evaluation item by weight and a grade it applied the mountaintop it did. Also the definite LCC analyzer law departments of existing together it applied the probabilistic LCC techniques which use Monte Carlo Simulation in about analytical prices and reliability height boil. The economical efficiency was excellent with VE/LCC analytical resultant route and facility size abridgment, the rivers most it will be able to minimize an environmental effect with short distance traverse, the selection this hit preparation LCC which separates from the land use side decreased, the value (V) above 22.0% with the fact that it improves. And, the reliability of the probabilistic LCC analytical resultant analytical results in compliance with Monte Carlo Simulation with 90.3% was very analyzed with the fact that it is a high level.

• Proceedings of the Korea Concrete Institute Conference
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• 2005.11a
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• pp.511-514
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• 2005

In this study, LCC(Life Cycle Cost) evaluation technique is used for the purpose of accumulation of basic data required for such integrative system construction. We predicted the degradation time of concrete and repair material by neutralization through FEM analysis, and utilized the result for LCC evaluation It turned out that the repair method of construction in the most economical initial measure against degradation and a durable period can be chosen through the LCC evaluation in consideration of the degradation prediction using FEM analysis and the initial construction expense in a durable period and repair expense, and the number of repair times.

• Proceedings of the Korea Concrete Institute Conference
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• 2004.11a
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• pp.773-776
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• 2004

The so-called Life Cycle Cost (LCC) analysis on reinforced concrete bridge can provide useful information for initial design and maintenance plan of the RC bridge. This paper proposes an LCC prediction equation and a sensitivity analysis method for RC bridges. An LCC equation for the RC bridge which includes initial investment cost, maintenance cost, and demolition cost was derived and verified from the data for design and construction of an RC slab bridge. In order to solve uncertainty problem on actual discount rate and material characteristics in the analysis of LCC of concrete bridges, a sensitivity analysis method on the LCC using the Monte Carlo simulation technique was suggested.

• Korean Journal of Construction Engineering and Management
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• v.2 no.2 s.6
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• pp.59-67
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• 2001

The purpose of this study is to evaluate economics by the Life Cycle cost(LCC) analysis of Steel Box Girder and Prestressed Box Girder bridge types. The study has been performed as a case study. A questionnaire survey for the repair and replacement cycle has been done in order to predict operation and maintenance costs. For LCC analysis and comparison, the present value technique is used. The results of this study are summarized as follows: (1) A LCC analysis model of Steel Box Girder and Prestressed Box Girder bridge types is suggested through a case study. (2) The repair and replacement cycle of elements of them are investigated using a questionnaire survey. (3) As a result of LCC case study, the type of Prestressed Box Girder bridge is analyzed more economic than Steel Box Girder.