• Title/Summary/Keyword: probabilistic forecast

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COMPENSATION STRUCTURE AND CONTINGENCY ALLOCATION IN INTEGRATED PROJECT DELIVERY SYSTEMS

  • Mei Liu;F. H. (Bud) Griffis;Andrew Bates
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.338-343
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    • 2013
  • Integrated Project Delivery (IPD) as a delivery method fully capitalizes on an integrated project team that takes advantage of the knowledge of all team members to maximize project outcomes. IPD is currently the highest form of collaboration available because all three core project stakeholders, owner, designer and contractor, are aligned to the same purpose. Compared with traditional project delivery approaches such as Design-Bid-Build (DBB), Design-Build (DB), and CM at-Risk, IPD is distinguished in that it eliminates the adversarial nature of the business by encouraging transparency, open communication, honesty and collaboration among all project stakeholders. The team appropriately shares the project risk and reward. Sharing reward is easy, while it is hard to fairly share a failure. So the compensation structure and the contingency in IPD are very different from those in traditional delivery methods and they are expected to encourage motivation, inspiration and creativity of all project stakeholders to achieve project success. This paper investigates the compensation structure in IPD and provides a method to determine the proper level of contingency allocation to reduce the risk of cost overrun. It also proposes a method in which contingency could be used as a functional monetary incentive when established to produce the desired level of collaboration in IPD. Based on the compensation structure scenario discovered, a probabilistic contingency calculation model was created by evaluating the random nature of changes and various risk drivers. The model can be used by the IPD team to forecast the probability of the cost overrun and equip the IPD team with confidence to really enjoy the benefits of collaborative team work.

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On the Study of Developement for Urban Meteorological Service Technology (도시기상서비스 기술 개발에 관한 연구)

  • Choi, Young-Jean;Kim, Chang-Mo;Ryu, Chan-Su
    • Journal of Integrative Natural Science
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    • v.4 no.2
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    • pp.149-157
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    • 2011
  • Urbanization of the world's population has given rise to more than 450 cities around the world with populations in excess of 1 million (megacity) and more than 25 so-called metacities with populations over 10 million (Brinkhoff, 2010). The United States today has a total resident population of more than 308,500,000 people, with 81 percent residing in cities and suburbs as of mid - 2005 (UN, 2008). Urban meteorology is the study of the physics, dynamics, and chemistry of the interactions of Earth's atmosphere and the urban built environment, and the provision of meteorological services to the populations and institutions of metropolitan areas. While the details of such services are dependent on the location and the synoptic climatology of each city, there are common themes, such as enhancing quality of life and responding to emergencies. Experience elsewhere (e.g., Shanghai, Helsinki, Tokyo, Seoul, etc.) shows urban meteorological support is a key part of an integrated or multi-hazard warning system that considers the full range of environmental challenges and provides a unified response from municipal leaders. Urban meteorology has come to require much more than observing and forecasting the weather of our cities and metropolitan areas. Forecast improvement as a function of more and better observations of various kinds and as a function of model resolution, larger ensembles, predicted probability distributions; Responses of emergency managers, government officials, and users to improved and probabilistic forecasts; Benefits of improved forecasts in reduction of loss of life, property damage, and other adverse effects. A national initiative to enhance urban meteorological services is a high-priority need for a wide variety of stakeholders, including the general, commerce and industry, and all levels of government. Some of the activities of such an initiative include: conducting basic research and development; prototyping and other activities to enable very--short and short range predictions; supporting and improving productivity and efficiency in commercial and industrial sectors; and urban planning for long term sustainability. In addition urban test-beds are an effective means for developing, testing, and fostering the necessary basic and applied meteorological and socioeconomic research, and transitioning research findings to operations. An extended, multi-year period of continuous effort, punctuated with intensive observing and forecasting periods, is envisioned.

A Study on Evaluation of Slope Stability and Range of Rockfall Hazard of Daljeon-ri Columnar Joint in Pohang, Korea (천연기념물 제415호 포항 달전리 주상절리의 사면안정성 평가 및 낙석 위험 범위 설정)

  • Kim, Jae Hwan;Kang, Mu Hwan;Kong, Dal-Yong;Jwa, Yong-Joo
    • Journal of Conservation Science
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    • v.37 no.5
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    • pp.505-515
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    • 2021
  • In this study, we evaluated the slope stability of the Pohang Daljeon-ri columnar joint (Natural Monuments # 415) and calculated the maximum energy, jumping height and moving distance of rockfalls using a simulation. Based on the results, we established the range of rockfall risk. The slopes of the Pohang Daljeon-ri columnar joint have dip directions of 93.79°, 131.99°, 165.54° and 259.84° from left (SW) to right (NE). Furthermore, they have a fan-like shape. The Pohang Daljeon-ri columnar joints are divided into four sections depending on the dip direction. The measurement results of the discontinuous face show that zone 1 is 125, zone 2 is 261, zone 3 is 262, zone 4 is 43. The results of slope stability analyses for each section using a stereographic projection method correspond to the range of planar and toppling failure. Although it is difficult to diagnose the type of failure, risk evaluation of currently falling rocks requires further focus. The maximum movement distance of a rockfall in the simulation was approximately 66 m and the rockfall risk range was the entire area under slope. In addition, it is difficult to forecast where a rock will fall as it rolls in various directions due to topographic factors. Thus, the installation of measures to prevent falling is suggested to secure the stability based on the results of the rockfall simulations and its probabilistic analysis.

A study on prediction method for flood risk using LENS and flood risk matrix (국지 앙상블자료와 홍수위험매트릭스를 이용한 홍수위험도 예측 방법 연구)

  • Choi, Cheonkyu;Kim, Kyungtak;Choi, Yunseok
    • Journal of Korea Water Resources Association
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    • v.55 no.9
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    • pp.657-668
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    • 2022
  • With the occurrence of localized heavy rain while river flow has increased, both flow and rainfall cause riverside flood damages. As the degree of damage varies according to the level of social and economic impact, it is required to secure sufficient forecast lead time for flood response in areas with high population and asset density. In this study, the author established a flood risk matrix using ensemble rainfall runoff modeling and evaluated its applicability in order to increase the damage reduction effect by securing the time required for flood response. The flood risk matrix constructs the flood damage impact level (X-axis) using flood damage data and predicts the likelihood of flood occurrence (Y-axis) according to the result of ensemble rainfall runoff modeling using LENS rainfall data and as well as probabilistic forecasting. Therefore, the author introduced a method for determining the impact level of flood damage using historical flood damage data and quantitative flood damage assessment methods. It was compared with the existing flood warning data and the damage situation at the flood warning points in the Taehwa River Basin and the Hyeongsan River Basin in the Nakdong River Region. As a result, the analysis showed that it was possible to predict the time and degree of flood risk from up to three days in advance. Hence, it will be helpful for damage reduction activities by securing the lead time for flood response.