• Proceedings of the Korean Institute of Building Construction Conference
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• 2023.05a
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• pp.289-290
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• 2023

According to relevant laws, in the case of a construction project with a total construction cost of 30 billion won or more, a post-construction evaluation must be performed after completion. In addition, a post-construction evaluation report must be prepared and entered into the Continuous Acquisition & Life-cycle Support(CALS). As a result of reviewing the currently accumulated post-construction evaluation reports, since the report is not standardized, it is difficult for public project owners to write the report. It also hinders the post-construction evaluation and management center from verifying contents, analyzing data, and deriving meaningful results. In order to improve the convenience of the public owners who must conduct post-construction evaluations and the work efficiency of the center, evaluation factors were standardized and a standard post-construction evaluation report format for road construction was developed in Excel. Through this, the data in the reports will be effectively accumulated, managed, and analyzed, so that meaningful results will be produced and be helpful in future construction work.

• Journal of the Korean Society for Geothermal and Hydrothermal Energy
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• v.8 no.3
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• pp.12-18
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• 2012

The purpose of this study is to make an economic analysis(Life cycle cost) of selecting optimal air conditioning system for a research building which is 8 stories with a total floor area of $32,010m^2$. Energy consumptions of three proposed air-conditioning systems(Alt-1,2,3) that reflect the government green-growth policy are calculated and compared. The results show that life cycle cost of Alt-3(Ventilation DX AHU+EHP) is less than Alt-1(EHP+ventilation DX AHU) by 5.1%, and Alt-2(Absorption chiller/heater+EHP) by 34.3%. Annual energy consumption of Alt-3 is less than Alt-1 by 9.9%, and Alt-2 by 37.4%. Annual $CO_2$ emission of Alt-3 is less than Alt-1 by 9.9%, and Alt-2 by 0.2%.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2007.11a
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• pp.917-920
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• 2007

Private companies will get back their investment by leasing facilities to the government, Since act on private participation in infrastructure were changed in January 2005, BTL(Build Transfer Lease) project of introduced in the domestic construction market for the purpose of providing public facilities with the public. BTL projects is for with approximately project life cycle form plan to maintenance the success of the project totally depends on the capability and role of concessionaire. Accordingly, this study is aimed to improve in order to proceed with BTL project efficiently, a clear standard for the item of evaluation was presented.

• Journal of the Korea institute for structural maintenance and inspection
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• v.14 no.4
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• pp.86-93
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• 2010

The wear of railway track affects loss of rough ride, noise or vibration of train and traveling safety. Moreover as the track is worn away, this promotes destruction of structural mechanism of rail track which can bring about increasing of rail track maintenance cost drastically. For this reason, it is very important and interested research subject to design railway track structure and to analyse train movement mechanism based on systematic analysis of the reasons causing rail wear possible in real field. In this research, for the efficient maintenance, Life Cycle Performance of rail track and maintenance characteristics are computed considering some track components such as track type, contracting type, sleeper type and roadbed type. Time - Wear probabilistic distribution relationship as well as multiple regression analysis based on time, curvature and wear data are computed to predict the service life remainder of railway track and to be adapted to safety assessment.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2016.05a
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• pp.187-188
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• 2016

The purpose of this study is to develop a method of evaluating eco-efficiency of concrete based on environmental load emission, manufacturing cost, and durability in the concrete production process. Eco-efficiency is an advanced concept used to evaluate eco-friendliness of concrete. This technique intends to produce environment-friendly and highly durable concrete while minimizing environmental load on the ecosystem and manufacturing cost based on the results of service life assessment on concrete. This technique can be utilized to efficiently evaluate sustainability of concrete and find methods to improve it. Furthermore, the vision of this study is to contribute to implementation of environment-friendly concrete and construction industry.

• Journal of the Korean Society for Railway
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• v.11 no.1
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• pp.107-113
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• 2008

As it recently appears that LCC (Life Cycle Cost) analysis may be considered as an essential method for economic evaluation of infrastructures. Many researches have been made to assess LCC of each facility based on reasonable methods. However, expected maintenance repair cost must be reasonably estimated to enhance the reliability of LCC analysis through systematic and rational methods. This study is intended to propose a rational approach to reliability-based LCC analysis of high-speed railway steel bridges considering lifetime corrosion and fatigue damage. However in Korea, since high speed railway steel bridges are only recently constructed, no direct statistical data are available for the account of the maintenance cost and thus their maintenance characteristics are not clear yet. In this paper, for the assessment of expected maintenance/repair cost, the fatigue system reliability analysis incorporating the corrosion effect is proposed by considering the corrosion and fatigue damage using measured data of high speed railway steel bridges. A model proposed by Rahgozar, of at for fatigue notch factor considering the corrosion effect is used in order to incorporate the corrosion effect into the fatigue strength reduction and S-N curve. Finally, the effectiveness of LCC model proposed for high-speed railway steel bridges is demonstrated by a numerical example.

• Journal of the Earthquake Engineering Society of Korea
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• v.10 no.6 s.52
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• pp.47-56
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• 2006

A method is presented for evaluating the economic efficiency of a semi-active magneto-rheological (MR) damper system for cable-stayed bridges under earthquake loadings. An optimal MR damper capacity maximizing the cost-effectiveness is estimated for various seismic characteristics of ground motion. The economic efficiency of MR damper system is addressed by introducing the life-cycle cost concept. To evaluate the expected damage cost, the probability of failure is estimated. The cost-effectiveness index is defined as the ratio of the sums of the expected damage costs and each device cost between a bridge structure with the MR damper system and a bridge structure with elastic bearings. In the evaluation of cost-effectiveness, the scale of damage cost is adopted as parametric variables. The results of the evaluation show that the MR damper system can be a cost-effective design alternative. The optical capacity of MR damper is increased as the seismic hazard becomes severe.

• 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.

• KSBB Journal
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• v.25 no.1
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• pp.1-10
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• 2010

Biodiesel is a type of biofuel obtained from bioresources and able to use in diesel vehicles as an alternative/additive to petro diesel. In recent biodiesel research, there are three main issues which include high quality biodiesel, low cost feed stock and a highly efficient biodiesel production process. The sustainable production and use of biodiesel are attracting much attention in the renewable energy field. In this paper, we review some of the literatures related to environmental and economic evaluation for biodiesel production and analysis the issues including life cycle assessment (LCA), global warming potential (GWP), energy consumption, biodiesel production cost, production technologies and feedstock.

• Journal of Ocean Engineering and Technology
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• v.34 no.5
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• pp.342-350
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• 2020

In this study, a hydrate inhibition system is investigated for shallow water gas fields. Mono-ethylene glycol (MEG) injection has been used as a typical method for inhibiting hydrate formation in gas fields; therefore, most offshore platforms are equipped with MEG injection and regeneration processes. A recent application of a kinetic hydrate inhibitor (KHI) has reduced the total volume of MEG injection and hence reduce the operating cost. Experiments are designed and performed to evaluate and verify the KHI performance for inhibiting hydrate formation under shallow water conditions. However, the shut-in and restart operation may require the injection and regeneration of MEG. For this operation, the MEG concentration must be optimized while considering the cost of MEG regeneration. The obtained results suggest that decreasing MEG concentration from 80 wt% to 70 wt% can reduce the life cycle cost (LCC) of MEG regeneration process by approximately 5.98 million USD owing to reduced distillation column cost. These results suggest that the hydrate inhibition system must be evaluated through well-designed experiments and process simulations involving LCC analysis.