• Title/Summary/Keyword: Life-cycle costs

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A Study on the Analysis of LCA tools for Eco-Building (친환경 건축물의 LCA 평가도구 비교분석 연구)

  • Son, Woo-Jin;Kang, Hae-Jin;Rhee, Eon-Ku
    • 한국태양에너지학회:학술대회논문집
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    • 2009.11a
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    • pp.394-399
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    • 2009
  • Since some decades ago, there has been a concern for resource depletion and environmental pollution associated with building properties. In addressing such impact of the built environment, there is a recognition of the existence of alternative building materials, fuels for energy supply as well as technologies for waste handling and disposal. Nevertheless, for long time, the choice between such alternatives was dictated by factors such as differences in prices and aesthetic values. A new important dimension in discriminating between different options is the environmental dimension. This aspect is important since buildings are one of the spatially big new additions to the natural environment that consume a lot of materials and energy during their long lifetime. Thus, with the environmental dimension kept in mind, a existing cost estimation needs to be changed. A new cost assessment method, Life Cycle Cost, should calculate overall costs with dimensional factors: investment and utility costs as well as maintenance costs over the lifetime of the building. Aiming to give an overview of the present status of Building Life Cycle Assessment(LCA) tools as a basis for further research and development including economic performance, this paper describes and compares 3 different tools for Life Cycle Assessment(LCA) and economic analysis of the green buildings. This paper compared these approaches based on various aspects. These include economic analysis method, evaluation duration, data of results(index). Use of the comparison analysis is to produce a better picture and indicate profits and shortcomings for the tools as a group; thus providing important direction improvement of LCA tool as well as further research and development of this group of tools.

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A Preliminary Study on the Prediction of School Facilities Repair Frequency and Rate (학교시설 수선주기 및 수선율 예측에 관한 기초적 연구)

  • Jung, Young-Han;Lee, Jae-Sung;Cho, Bong-Ho
    • The Journal of Sustainable Design and Educational Environment Research
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    • v.9 no.2
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    • pp.1-8
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    • 2010
  • This study is to present an engineering solution for the repair frequency and repair rates of a building. The existing data for the repair frequency and repair rates are used to draw the probability distribution for the generalized repair frequency and repair rate in a building. The suggested methodology can be widely used for most buildings to estimate the legal repair frequency and repair rates. Also, the methodology can be applied to resolve the risks on the maintenance costs in LC (Life Cycle) plans or LCC (Life Cycle Cost) analysis. As the future studies, there are the multiple regression analysis including the parameters on incurred costs and the decision methods on efficient repair and replacement.

A Life Cycle Cost Case Analysis on the Build-Transfer-Lease(BTL) Projects of School (학교 임대형민자사업(BTL)의 LCC 사례 분석)

  • Cho, Seung-Yun;Ahn, Jang-Won;Kim, Yong-Su
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.145-150
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    • 2007
  • This study is a LCC case analysis on the school one of the BTL projects which is constructed by private organizations and rented to government. According to the RFP to make out documents, it is performed the case analysis based on the results of LCC calculation about maintenance & conservation costs; repairing costs and replacement costs. It is analyzed LCC on maintenance & conservation costs for 20 years(rent period) and 65 years(life cycle). As a result of LCC analysis, about more than 50% of total LCC are architectural works and the rest of them are machinery works, electric works, and civil works in the order. And it is also suggested some problems and their solutions to perform LCC analysis on the current BTL projects of school.

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Evaluation of Economy Feasibility for Bridge Superstructures Using LCC Optimal Design (LCC 최적설계를 황용한 교량 상부구조의 경제성 평가)

  • Ahn Ye-Jun;Lee Kwang-Kyun;Park Jang-Ho;Shin Young-Seok
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 2006.04a
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    • pp.549-556
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    • 2006
  • Life cycle cost is one of important factors in the evaluation of economy feasibility. Load carrying capacity curves for girders and decks are derived on the basis of bridge diagnostic results and condition grade curves to determine the service life and life cycle profile. The total life cycle costs including initial cost, damage cost, maintenance cost, user cost, and etc for the service life are calculated for steel box girder, PSC-I girder and rationalized plate girder. The optimal designs are performed for various service lifes and different superstructure types. The effects of parameters on the life cycle cost are investigated and the economy feasibility is evaluated through the sensitivity analysis.

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LCCA and LCA to Evaluate Feasibility for Introducing High-Efficiency Motors into Air Ventilation Systems of Public Facilities (고효율 전동기를 다중이용시설 환기설비에 도입하기 위한 LCCA 및 LCA 분석)

  • Quan, Junlong;Choi, Sooho;Kwon, Taehwan;Choi, Hyemi;Kim, Juhyung;Kim, Jaejun
    • Korean Journal of Construction Engineering and Management
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    • v.16 no.4
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    • pp.41-49
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    • 2015
  • The amount of energy consumed in air ventilation systems of public facilities accounts for 40% of their total energy consumption. To reduce their energy consumption, applying variable speed operation controlled by an inverter with a high-efficiency motor is suggested. Since these methods require higher initial investment costs compared to the existing systems, economic evaluation should be conducted from a long-term perspective. While LCCA(Life Cycle Cost Analysis) model is useful to estimate net savings of alternatives that differs with respect to initial costs and operating costs, the environmental burdens are not considered. On the contrary LCA(Life Cycle Assesment) model is suitable to assess environmental impacts associated with the stages of a product's life but it does not consider costs. In this study, the high-efficient motors are introduced into the air ventilation system of a subway station and a comprehensive analysis on the economic and environmental impacts of the proposed method is conducted by using LCCA and LCA model.

Economic Analysis of Power Transmission Lines using Interval Mathematics

  • Teegala, Srinivasa Kishore;Singal, Sunil Kumar
    • Journal of Electrical Engineering and Technology
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    • v.10 no.4
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    • pp.1471-1479
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    • 2015
  • A major portion of the capital costs in the present day power transmission systems are due to the cost of equipment and construction process. Transmission utilities in the recent years are drawing greater attention towards performing life cycle costing studies for cost management and decision making. However, the data involved in these studies are highly uncertain and the effect of these uncertainties cannot be directly included in the study process, resulting in inaccurate solutions. Interval mathematics provides a method for including these uncertainties throughout the cost analysis and provides final solution range in the form of intervals. In this regard, it is essential and extremely important that significant research has to be carried out in understanding the principles of life cycle costing methodology and its applicability to cost analysis of transmission lines along with uncertainties involved in the cost assessment process. In this paper, economic analysis of power transmission lines using interval mathematics has been studied. Life cycle costing studies are performed using net present value analysis on a range transmission lines used in India and the results are analyzed. A cost break even analysis considering right of way costs was carried out to determine the point of economy indifference.

A Feasibility Study on the Benefit of Daylighting by LCC Analysis (LCC 기법을 통한 자연채광의 경제성 분석에 대한 연구)

  • Kim, Jeong Tai;Kim, Gon
    • KIEAE Journal
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    • v.6 no.1
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    • pp.3-10
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    • 2006
  • As has been expected, economic factors are a major consideration in almost every decision in building design process. Assuming that improving a lighting system, existing or proposed, will reduce operating cost, what preliminary economic guidelines can be established to determine whether any proposed investment appears cost effective? In such a case a reasonable technique to compare system costs is by life-cycle costing. Stated simply, a life-cycle cost represents the total cost of a system over its entire life cycle, that is, the sum of first cost and all future costs. This paper aims to exemplify the benefit of daylighting in term of economic consideration. Four different electric lighting system designs are proposed and a lighting control system that is continuously operating according to the level of daylight in the space has been adapted. The accumulated performance of electric and daylighting is figured out to declare the effective depth of daylight in the space. The analysis on the saving amount of lighting energy due to daylight has been undertaken in answer to the question, that is, several projects are being considered, which is the most desirable from the cost-effectiveness viewpoint. The result shows clearly that although denser layout of lighting fixtures might be more effective to interface to the level of daylight ceaselessly changeable, its economic benefit may not meet the expected criterion the reason of increased initial investment and maintenance cost for the fixtures and control hardware.

A STUDY ON THE LIFE-CYCLE FOR SELECTING A GRATING

  • Yun-Sik Kim;Dong-Wan Kang;Taehoon Hong;Chang-Taek Hyun
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1189-1194
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    • 2009
  • A gutter-shaped U grating is a facility that is installed at the sides of a road to provide pedestrians with a rainwater-free road. The previous studies on this facility focused mainly on the progress of the efforts that are being made to improve its performance and interception efficiency so as to prevent damages in regional areas due to the heavy rains caused by climate change. The studies on its maintenance, however, are still inadequate. Therefore, this study was conducted to analyze and compare the life cycle costs and performance evaluations of the steel and magic gratings, which are installed in apartments. The results of the study show that the replacement period and rate of gratings differ depending on where they are installed. The initial capital investment cost of a magic grating installed at a road where many vehicles pass is quite high, but in terms of its maintenance and entire-life-cycle costs, its total expenses are lower than those of a steel grating. The results of this study are expected to serve as preliminary data for the selection of an adequate grating that is suitable for particular places in the design phase of construction projects.

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A Study on the Optimal LCC using AMSAA Model (AMSAA Model을 이용한 최적 LCC에 관한 연구)

  • Kim, Jun-Hong
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.29 no.3
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    • pp.135-142
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    • 2006
  • Engineers are always concerned with life cycle costs for making important economic decisions through engineering action like reliability of products. Decisions during the reliability growth development of products involve trade-offs between invested costs and its returns. In order to find minimal LCC containing the reliability improvement cost, production cost, repair and replacement costs, and holding cost of spare parts for failure items we suggest in this paper relationship between development cost and sustaining cost in values of growth parameter $\beta$ of AMSAA model. This model is applied to the reliability growth program based on AMSAA model during R&D phase, the warranty activities of items and the block replacement policy for maintenance of items in avionic equipment.

LCC Analysis to Determine an Appropriate Apartment Rent Rate for HVAC System Renovation Projects

  • Kim, Dae Young;Lim, Hyoung-Chul
    • Journal of Korea Society of Industrial Information Systems
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    • v.20 no.5
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    • pp.107-115
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    • 2015
  • Residential building owners are turning toward renovating their existing buildings to improve old and inefficient HVAC systems. Due to the renovation, much of the added costs will inevitably be passed on to tenants by increasing rent rates. This increment often increases the vacancy rate in the buildings. To balance the interests of both owners and tenants, this paper suggested a method to determine an appropriate rental rate increment for the HVAC system renovation. A case study on residential buildings was conducted to determine a balanced point where the rental rate increment that offsets the amount tenants are willing to pay for the renovation. To calculate all costs incurred by the renovation, life-cycle cost analysis was carried out. Therefore, this paper ultimately provides a threshold value of rental rate increment such that building owners can make a reasonable decision on the HVAC system renovation.