• Title/Summary/Keyword: Well cost

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Impact of shear wall design on performance and cost of RC buildings in moderate seismic regions

  • Mahmoud, Sayed;Salman, Alaa
    • Earthquakes and Structures
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    • v.21 no.5
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    • pp.489-503
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    • 2021
  • This research aims to investigate the seismic response of RC shear wall buildings of 5-, 6-, 7-, 8-, 9-, and 10-story designed as conventional and ductile and located in moderate seismic zone in Saudi Arabia in accordance with the seismic provisions of the American code ASCE-7-16. Dynamic analysis is conducted using the developed models in ETABS and the design spectra of the selected zone. The seismic responses of a number of design variations are evaluated in terms of story displacements, drift, shear and moments of both conventional and ductile building models as performance measures and presented comparatively. In addition, pushover analysis is also performed for the lowest and highest building models. Cost estimate of ductile and conventional walls is evaluated and compared to each other in terms of weight of reinforcement bars. In addition, due to the complexity of design and installation of ductile shear walls, sensitivity analysis is performed as well. It is observed that conventional design considerably increases induced seismic responses as well as cost compared to ductile one.

COST PERFORMANCE PREDICTION FOR INTERNATIONAL CONSTRUCTION PROJECTS USING MULTIPLE REGRESSION ANALYSIS AND STRUCTURAL EQUATION MODEL: A COMPARATIVE STUDY

  • D.Y. Kim;S.H. Han;H. Kim;H. Park
    • International conference on construction engineering and project management
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    • 2007.03a
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    • pp.653-661
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    • 2007
  • Overseas construction projects tend to be more complex than domestic projects, being exposed to more external risks, such as politics, economy, society, and culture, as well as more internal risks from the project itself. It is crucial to have an early understanding of the project condition, in order to be well prepared in various phases of the project. This study compares a structural equation model and multiple regression analysis, in their capacity to predict cost performance of international construction projects. The structural equation model shows a more accurate prediction of cost performance than does regression analysis, due to its intrinsic capability of considering various cost factors in a systematic way.

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Linking of Egoistic, Altruistic, and Biospheric Values to Green Loyalty: The Role of Green Functional Benefit, Green Monetary Cost and Green Satisfaction

  • IMANINGSIH, Erna S.;TJIPTOHERIJANTO, Prijono;HERUWASTO, Ignatius;ARUAN, Daniel Tumpal H.
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.2
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    • pp.277-286
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    • 2019
  • The study aims to analyze the influence of egoistic, altruistic and biospheric value on green functional benefit, green monetary cost, green satisfaction and green loyalty. The study analyzes the effect of green functional benefit and green monetary cost on green satisfaction and green loyalty, as well as green satisfaction on green loyalty. The study employs quantitative methods with customers who have green brand purchase experience in Indonesia. Non-probability sampling was conducted using purposive sampling method based on predetermined criteria, which are customers who have already purchase and use green brand products. A total of 402 samples were analyzed using Structural Equation Modelling. The result shows that the data support hypotheses on egoistic and biospheric value, hypotheses on green functional benefit effect to green satisfaction and green loyalty, as well as green monetary cost effect to green loyalty. The other hypotheses are not supported by data. As a conclusion, it is egoistic and biospheric value that has positive effect on green loyalty, while green functional benefit and green monetary cost act as mediation between the value orientation and green loyalty. As managerial implication, green brand marketing strategy should incorporate egoistic and biospheric values in messages in advertising and promotion.

Development of Project Management System for Geothermal Well Construction (지열발전 시추공 구축 프로젝트관리시스템 개발)

  • Kim, Kwang-Yeom;Lee, Seung-Soo
    • New & Renewable Energy
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    • v.8 no.3
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    • pp.38-46
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    • 2012
  • Enhanced Geothermal System (EGS) among geothermal system types enables to produce sustainable energy even in non-volcanic region while conventional geothermal energy has been restricted to obtain only from hot and permeable formation such as in volcanic regions. Successful EGS project in terms of economy, however, can be expected only when the project is managed effectively considering most of influencing factors (e.g., tangible and intangible resources, cost, time, risks, etc.). In particular, well construction is of the utmost importance in geothermal project as it dominantly influences on time and cost in the whole project. Therefore, when it comes to viable geothermal project without abundant experience, managing drilling economically and efficiently is inevitable. In this study, a project management system for well construction in geothermal project based on project control system including work breakdown structure and cost account was developed to predict and assess the performance of drilling and to visualize the progress.

Improving the Application Type and Quality/Characteristics Adjustment Factors of the Korea Software Cost Estimation Standard (소프트웨어 개발비 기준의 애플리케이션 유형과 품질 및 특성 보정요소 개선)

  • Park, Chan-Kyoo;Kim, Woo-Je;Seo, Yong-Won
    • Journal of Information Technology Services
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    • v.8 no.2
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    • pp.43-70
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    • 2009
  • As software development and maintenance cost increase quickly, information systems managers are more concerned about how to effectively manage software cost. To estimate the software development cost, most public institutes of Korea use the software cost estimation standard established by the government. Unfortunately, the accuracy of the estimation derived from the standard has not been satisfactory in spite of repetitive modifications made to improve it. One of the major reasons for the inaccuracy is that the standard has too small a number of cost adjustment factors to reflect the various characteristics of a software development project. To remedy this problem, we propose new cost adjustment factors which can be incorporated into the standard and are important to enhance the estimation accuracy, based on the analysis of several well-known software estimation models. Furthermore, by applying the proposed model to real world software projects, we show that the proposed model can produce more accurate estimates than the current standard.

AN APPROACH FOR ESTIMATING TOTAL COST OF OCCUPATIONAL SAFETY FOR BUILDING CONSTRUCTIONS

  • Gurkan Emre Gurcanli;Nesimi Teoman Korkutan;Ugur Mungen
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.168-175
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    • 2011
  • Construction accidents are major problem in Turkish Construction industry and especially fatally rates are very high. Current legislative system on occupational safety in Turkey enforces employers to implement safety measures as well as safety management systems. However level of consciousness in the industry is unsatisfactory and safety are perceived as extra cost and unnecessary expenditure. Moreover, especially in small residential building constructions which have a big share in the industry and unfortunately safety measures to mitigate or abate construction risks do not exist. The study focuses on small residential building construction sites and in the scope of this study, thirty building projects are examined. For each building project, project cost including labour and material costs, service and consultancy costs for mechanical, electrical systems as well as architectural and structural services, costs for supervision and finally general expenditures for construction site facilities were calculated. On the other hand, occupational safety costs for personal protective equipment, collective protective measures, consultancy and training were determined. Work breakdown structures were established and for each work item firstly occupational risks were evaluated and furthermore according to risk scores safety measures to be implemented were defined and related costs were calculated. The study gave results for total safety cost on average, in terms of percentage of total project cost (3.73% of total project cost), safety cost per man-hour (0.40 USD) and safety cost in terms of unit construction area (11.60 USD per square meter). Since safety management is a part of whole project management process, study gives suggestions and techniques to calculate safety costs and implement safety measures as a part of project management service for professionals. Authors believe that suggested approach may easily developed by the usage of more data to establish a model for estimation not only for building construction sites but also for all construction projects.

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A Study on the Method to Estimate the Cost of Hospice Care (호스피스의 수가 산정 방안에 관한 연구)

  • Cho, Hyun
    • Journal of Korean Academy of Nursing
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    • v.24 no.2
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    • pp.216-225
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    • 1994
  • The cost of hospice care should be covered by the insurance system if it is to be promoted in our country and this, in turn, requires a proper method to the estimate of this cost. The purpose of this study was to set up the method to estimate the cost of hospice care. First the cost effectiveness of hospice care were studied. By tracing the activities of hospice nurses for a given period, all the relevant data such as the scope and load of activities as well as the cost were collected. Then these were analysed and compared with the data obtained from hospice and home care. The results showed that the cost of hospice care was the most economic, and indicate its qualification as .1n in-dependent system. The main part of the cost of hospice care was found to be the labor cost which was up to 83% of the total. Therefore a method to estimate the cost should reflect the real labor cost. Several methods have been proposed in the study in terms of unit labor cost, service time, material cost, and the weight of the labor cost. All variables, including the service time surveyed in this study, can easily be translated into numerical values and it would not difficult to estmate the cost of hospice care. Hence by letting the hospice care be insured, hospice care can be expected to function as a good alternative to the present medical system.

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Life Cycle Cost Model for the Acquisition of Rolling Stocks (철도차량 획득단계에 적용되는 수명주기비용 모형에 관한 연구)

  • Kim, Jong-Woon;Chung, Kwang-Woo;Chung, Jong-Duk;Han, Seok-Yun
    • Proceedings of the KSR Conference
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    • 2009.05a
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    • pp.198-205
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    • 2009
  • It is known that the operation and maintenance cost is generally higher than the acquisition cost of rolling stocks. It is very important for reducing the operation and maintenance cost to acquire the rolling stocks which are well designed with regard to the operation and maintenance cost. Therefore life cycle cost including the operation and maintenance cost is needed to be considered from the acquisition phase. This article presents a procedure and a model for life cycle cost which are applicable to the acquisition of rolling stocks.

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Applicability of low pressure membranes for wastewater treatment with cost study analyses

  • Maddah, Hisham A.;Chogle, Aman M.
    • Membrane and Water Treatment
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    • v.6 no.6
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    • pp.477-488
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    • 2015
  • This study demonstrates that low pressure membranes are the ideal choice for industrial and/or municipal wastewater treatment by showing some promising experimental results, understanding different membrane filtration models, studying the potential of membrane bioreactors (MBRs), considering ceramic membranes fabrication and illustrating the role of nanotechnology in membranes. Cost study calculations are included to determine the treatment cost as well as the initial cost of various membrane types. Results showed that integrated membranes are preferred over MBR in case of average capacities. However, higher capacity situations are the most economical choice for MBR. It is shown that the least treatment cost in MBR was about $0.13/m^3$. However, the $0.13/m^3$ is the theoretical cost which is very small compared to the actual average MBR treatment cost of $0.5/m^3$.

Optimal Operation Scheme and Reliability Index Improvement of Micro Grid Using Energy Storage Systems (에너지 저장장치를 이용한 마이크로 그리드의 최적운영 및 신뢰도 지수 개선)

  • Kim, Kyu-Ho
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.63 no.2
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    • pp.205-210
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    • 2014
  • The micro grid considered in this paper consists of a diesel generator, a photovoltaic array, a wind turbine, a fuel cell, and a energy storage system. This paper explains and simulates the micro grid components in terms of accuracy and efficiency of having a system model based on the costs of fuel as well as operation and maintenance. For operational efficiency, the objective function in a diesel generator consists of the fuel cost function similar to the cost functions used for the conventional fossil-fuel generating plants. The wind turbine generator is modeled by the characteristics of variable output. The optimization is aimed at minimizing the cost function of the system while constraining it to meet the customer demand and safety of micro grid. The operating cost in fuel-cell system includes the fuel costs and the efficiency for fuel to generate electric power. To develop the overall system model gives a possibility to minimize of the total cost of micro grid. The application of optimal operation can save the interruption costs as well as the operating costs, and improve reliability index in micro grid.