• Title/Summary/Keyword: Lifetime risk based LCC

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Life Cycle Cost Analysis for Design of Buildings based on the Lifetime Risk (생애 위험도기반 건축물의 설계단계 생애주기비용 분석 방법)

  • Baek, Byung-Hoon;Cho, Choong-Yeon
    • Korean Journal of Construction Engineering and Management
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    • v.15 no.3
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    • pp.113-119
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    • 2014
  • Recently, the demand on the practical application of life-cycle cost effectiveness for design and rehabilitation of structure is rapidly growing unprecedently in engineering practice. Accordingly, in the 21st century, it is almost obvious that life-cycle cost together with value engineering will become a new paradigm for all engineering decision problems in practice. However, in spite of impressive progress in the researches on the LCC, the most researches have only focused on the Deterministic or Probabilistic LCC analysis approach (Level-1 LCC Model) at design stage. Thus, the goal of this study is to develop a practical and realistic methodology for the Lifetime risk based Life-Cycle Cost (LCC)-effective optimum decision-making at design stage.

Life-Cycle Cost Effective Optimal Seismic Retrofit and Maintenance Strategy of Bridge Structures - (I) Development of Lifetime Seismic Reliability Analysis S/W (교량의 생애주기비용 효율적인 최적 내진보강과 유지관리전략 - (I) 생애주기 지진신뢰성해석 프로그램 개발)

  • Lee, Kwang-Min;Choi, Eun-Soo;Cho, Hyo-Nam;An, Hyoung-Jun
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.26 no.6A
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    • pp.965-976
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    • 2006
  • A realistic lifetime seismic-reliability based approach is unavoidable to perform Life-Cycle Cost (LCC)-effective optimum design, maintenance, and retrofitting of structures against seismic risk. So far, though a number of researchers have proposed the LCC-based seismic design and retrofitting methodologies, most researchers have only focused on the methodological point. Accordingly, in most works, they have not been quantitatively considered critical factors such as the effects of seismic retrofit, maintenance, and environmental stressors on lifetime seismic reliability assessment of deteriorating structures. Thus, in this study, a systemic lifetime seismic reliability analysis methodology is proposed and a program HPYER-DRAIN2DX-DS is developed to perform the desired lifetime seismic reliability analysis. To demonstrate the applicability of the program, it is applied to an example bridge with or without seismic retrofit and maintenance strategies. From the numerical investigation, it may be positively stated that HYPER-DRAIN2DX-DS can be utilized as a useful numerical tool for LCC-effective optimum seismic design, maintenance, and retrofitting of bridges.

Life-Cycle Cost Effective Optimal Seismic Retrofit and Maintenance Strategy of Bridge Structures - (II) Methodology for Life-Cycle Cost Analysis (교량의 생애주기비용 효율적인 최적 내진보강과 유지관리전략 - (II) 생애주기비용해석 방법론)

  • Lee, Kwang-Min;Cho, Hyo-Nam;Chung, Jee-Seung;An, Hyoung-Jun
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.26 no.6A
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    • pp.977-988
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    • 2006
  • The goal of this study is to develop a realistic methodology for determination of the Life-Cycle Cost (LCC)-effective optimal seismic retrofit and maintenance strategy of deteriorating bridges. The proposed methodology is based on the concept of minimum LCC which is expressed as the sum of present value of seismic retrofit costs, expected maintenance costs, and expected economic losses with the constraints such as design requirements and acceptable risk of death. The proposed methodology is applied to the LCC-effective optimal seismic retrofit and maintenance strategy of a steel bridge considered as a example bridge in the accompanying study, and various conditions such as corrosion environments and Average Daily Traffic Volumes (ADTVs) are considered to investigate the effects on total expected LCC. In addition, to verify the validity of the developed methodology, the results are compared with the existing methodology. From the numerical investigation, it may be positively expected that the proposed methodology can be effectively utilized as a practical tool for the decision-making of LCC-effective optimal seismic retrofit and maintenance strategy of deteriorating bridges.