scholarly journals MODEL ESTIMATION OF THE WHOLE LIFE COST OF A BUILDING WITH RESPECT TO RISK FACTORS

2019 ◽  
Vol 25 (1) ◽  
pp. 20-38 ◽  
Author(s):  
Damian Wieczorek ◽  
Edyta Plebankiewicz ◽  
Krzysztof Zima
Keyword(s):  
Risk Factors ◽  
Life Cycle ◽  
Life Cycle Cost ◽  
Fuzzy Inference ◽  
Office Building ◽  
Individual Element ◽  
Model Estimation ◽  
Proposed Model ◽  
The Impact ◽  
Whole Life Cost

The paper deals with estimating the life cycle cost and the whole life cost of a building. An original model for estimating the life cycle cost and the whole life cost of a building which allows the quantification of the increase in costs resulting from the incurred and assessed risk is presented. The proposed model consists of two basic parts: module I evaluating the impact of identified risk factors on individual element of the life cycle cost, and module II allowing to assess life cycle cost including the risk factors selected in module I. In module I the model of fuzzy inference of Mamdani was used. The structure of module II is based on the theory of possibilities and fuzzy sets. The operation of the model is presented on the example of an office building.

scholarly journals Life Cycle Assessment of Railway Ground-Borne Noise and Vibration Mitigation Methods Using Geosynthetics, Metamaterials and Ground Improvement

2018 ◽  
Vol 10 (10) ◽  
pp. 3753 ◽  
Author(s):  
Sakdirat Kaewunruen ◽  
Victor Martin
Keyword(s):  
Life Cycle ◽  
Life Cycle Cost ◽  
Ground Improvement ◽  
Cycle Performance ◽  
Vibration Mitigation ◽  
Noise And Vibration ◽  
Climate Conditions ◽  
Extreme Climate ◽  
Mitigation Methods ◽  
The Impact

Significant increase in the demand for freight and passenger transports by trains pushes the railway authorities and train companies to increase the speed, the axle load and the number of train carriages/wagons. All of these actions increase ground-borne noise and vibrations that negatively affect people who work, stay, or reside nearby the railway lines. In order to mitigate these phenomena, many techniques have been developed and studied but there is a serious lack of life-cycle information regarding such the methods in order to make a well-informed and sustainable decision. The aim of this study is to evaluate the life-cycle performance of mitigation methods that can enhance sustainability and efficacy in the railway industry. The emphasis of this study is placed on new methods for ground-borne noise and vibration mitigation including metamaterials, geosynthetics, and ground improvement. To benchmark all of these methods, identical baseline assumptions and the life-cycle analysis over 50 years have been adopted where relevant. This study also evaluates and highlights the impact of extreme climate conditions on the life-cycle cost of each method. It is found that the anti-resonator method is the most expensive methods compared with the others whilst the use of geogrids (for subgrade stiffening) is relatively reliable when used in combination with ground improvements. The adverse climate has also played a significant role in all of the methods. However, it was found that sustainable methods, which are less sensitive to extreme climate, are associated with the applications of geosynthetic materials such as geogrids, composites, etc.

scholarly journals The Impact Assessment of Campus Buildings Based on a Life Cycle Assessment–Life Cycle Cost Integrated Model

2019 ◽  
Vol 12 (1) ◽  
pp. 294 ◽  
Author(s):  
Zhuyuan Xue ◽  
Hongbo Liu ◽  
Qinxiao Zhang ◽  
Jingxin Wang ◽  
Jilin Fan ◽  
...  
Keyword(s):  
Life Cycle Assessment ◽  
Life Cycle ◽  
Environmental Impacts ◽  
Life Cycle Cost ◽  
Electric Energy ◽  
Integrated Model ◽  
Economic Costs ◽  
Analytic Hierarchy ◽  
The Sustainable Development ◽  
The Impact

The development of higher education has led to an increasing demand for campus buildings. To promote the sustainable development of campus buildings, this paper combines social willingness-to-pay (WTP) with the analytic hierarchy process (AHP) based on the characteristics of Chinese campus buildings to establish a life cycle assessment–life cycle cost (LCA–LCC) integrated model. Based on this model, this paper analyses the teaching building at a university in North China. The results show that the environmental impacts and economic costs are largest in the operation phase of the life cycle, mainly because of the use of electric energy. The environmental impacts and economic costs during the construction phase mainly come from the building material production process (BMPP); in this process, steel is the main source. Throughout the life cycle, abiotic depletion-fossil fuel potential (ADP fossil) and global warming potential (GWP) are the most prominent indexes. Further analysis shows that these two indexes should be the emphases of similar building assessments in the near future. Finally, this study offers suggestions for the proposed buildings and existing buildings based on the prominent problems found in the case study, with the aim to provide reference for the design, construction, and operation management of similar buildings.

Sustainable construction

2020 ◽  
Vol 20 (2) ◽  
pp. 191-207 ◽  
Author(s):  
Muhammad Waseem Khan ◽  
Yousaf Ali
Keyword(s):  
Life Cycle ◽  
Rice Husk ◽  
Life Cycle Cost ◽  
Sustainable Construction ◽  
Partial Replacement ◽  
Content Type ◽  
Government Organizations ◽  
Construction Companies ◽  
Concrete Type ◽  
The Impact

Purpose The change in climate and depletion of natural resources because of the harmful emissions from different materials becomes a main issue for the globe. Some of the developed and developing countries have focused on this issue and performed research to provide a solution. The purpose of this study is to identify the best types of concrete based on its impact on the environment and economy. Design/methodology/approach The life cycle assessment and life cycle cost analysis of six concrete mixtures that include construction and demolition wastes (CDW), marble sludge, rice husk and bagasse ash as a partial replacement of cement, are performed. These types of concrete are compared with each other and with ordinary concrete to select the best possible concrete type for a developing country, like Pakistan. Findings The results show that, although for an agricultural country like Pakistan, the agriculture wastes such as rice husk and bagasse ash are preferable to be used, if the emissions of CO2 and CO from rice husk and NOx and SO2 from bagasse ash are properly controlled. However, based on the results, it is recommended to use the CDW in concrete because of the small amount of air emissions and affordable prices. Originality/value Through this study, a path has been provided to construction companies and relative government organizations of Pakistan, which leads to sustainable practices in the construction industry. Moreover, the base is provided for future researchers who want to work in this area, as for Pakistan, there is no database available that helps to identify the impact of different concrete on the environment.

scholarly journals Minimizing delivered energy and life cycle cost using Graphical script: An office building retrofitting case

2020 ◽  
Vol 268 ◽  
pp. 114929 ◽  
Author(s):  
Mehrdad Rabani ◽  
Habtamu Bayera Madessa ◽  
Omid Mohseni ◽  
Natasa Nord
Keyword(s):  
Life Cycle ◽  
Life Cycle Cost ◽  
Office Building

scholarly journals Life Cycle Assessment dan Life Cycle Cost untuk Serat Kenaf

2020 ◽  
Vol 9 (3) ◽  
pp. 213-224
Author(s):  
Desrina Yusi Irawati ◽  
Melati Kurniawati
Keyword(s):  
Life Cycle Assessment ◽  
Life Cycle ◽  
Environmental Impact ◽  
Impact Assessment ◽  
Life Cycle Cost ◽  
Impact Category ◽  
Kenaf Fiber ◽  
A Value ◽  
Treatment Stage ◽  
The Impact

Kenaf fiber from the kenaf plant is the excellent raw material for industry because of the various diversified products it produces. To develop sustainable kenaf fiber, information is needed on the strengths and weaknesses of kenaf cultivation systems with respect to productivity and environmental impact. Therefore, a comprehensive environmental and economic impact assessment was conducted from cultivating kenaf to kenaf fiber. The environmental impact assessment uses the Life Cycle Assessment (LCA) method and economic calculations from the life cycle of kenaf to kenaf fiber to collectors use the Life Cycle Cost (LCC) method. The calculation of environmental impacts is in accordance with the stages of ISO 14040, using a single score assessment. The LCA results show that the treatment stage is the highest contributor of the three groups of impact categories. The highest to the lowest in the impact category group that was influenced by the treatment stage were resources with a value of 21.4 mPt, human health with a value of 8.76 mPt, and ecosystem quality with a value of 1.91 mPt. The cost identified through the LCC is Rp. 6,088,468,333, NVP and B/Cnet are positive. The results of the sensitivity analysis if there is a reduction in production> 6%, the business is still profitable and can be run.

scholarly journals THE IMPACT OF PRODUCT LIFE CYCLE TECHNIQUE IN REDUCING COSTS AND ACHIEVING SUSTAINABLE DEVELOPMENT GOALS, A CASE STUDY IN THE RUSTAN STEEL STRUCTURE PRODUCTION COMPANY IN ERBIL

2021 ◽  
Vol 03 (07) ◽  
pp. 314-328
Author(s):  
Ghazi Abdulazeez SULAIMAN BAG ◽  
Rafiq Faraj MAHMOOD
Keyword(s):  
Corporate Governance ◽  
Life Cycle ◽  
Life Cycle Cost ◽  
Product Life Cycle ◽  
Steel Structures ◽  
Product Life ◽  
Technical Requirements ◽  
The Cost ◽  
The Impact

This research was - case study in Rstin company for the steel structures in Erbil- addressed the cost technique of product life cycle, as discussed the kinds, relevance and the stages of the life cycle of the product, also it referred to the corporate governance of discussing its inception the concept and importance of the principles, objectives, and mechanisms was addressed to the technical aspects of the overlap between the cost of the product life cycle corporate governance and show the appropriate techniques used in each stage of the life cycle of the product and how it achieved by a reduction of costs. The result of this study indicates that the integration between the product life cycle cost and corporate governance works on reduce costs through the various stages of product life cycle. It also concluded that this integration increases the company ability to compete in market which leads to rise in its market share and eventually lead to maximize the profit which has been achieved through the optimal use of a company available resources. It also found that the techniques of life cycle cost of the product cannot be applied without support of the company directors, throughout the technical requirements of the application. Corporate governance ensures directors of the company to utilize firm resources which makes the company to achieve several stakeholders' objectives.

scholarly journals Criticality assessment risk; contribution of fuzzy logic

2018 ◽  
Vol 28 (1) ◽  
pp. 93-105
Author(s):  
S. Masmoudi ◽  
M.M. Dhiaf
Keyword(s):  
Fuzzy Logic ◽  
Risk Taking ◽  
Fuzzy Inference ◽  
Test System ◽  
Two Dimensions ◽  
Probability Of Occurrence ◽  
Proposed Model ◽  
Risk Contribution ◽  
Criticality Assessment ◽  
The Impact

In order to determine the criticality of a risk, an assessment of the probability of occurrence (notion of frequency) and of the impact (notion of severity) are to be estimated. The criticality is the product of the probability of its occurrence and the impact that the risk has on the project, hence on the whole company. So, the practice of matrix or the criticality grid considering these two dimensions is necessary. However, the criticality grid involves the insufficiencies inherent to the subjective behavior of expert judgments and to the imprecise information engaged in the assessment of the risk. Taking into account the problems of the imperfection implied in the Conventional Criticality Matrix (CCM), the objective of this work is to develop a Fuzzy Criticality Matrix (FCM) to overcome these difficulties. The proposed model aims at improving the system of fuzzy inference. The proposed approach is applied to a test system which is the company SAROST S.A.

scholarly journals The impact of changes in the base and precious metals prices on credit risk factors

2020 ◽  
Vol 17 (2) ◽  
pp. 45-64
Author(s):  
Vladimir Živanović
Keyword(s):  
Risk Factors ◽  
Credit Risk ◽  
Risk Model ◽  
Precious Metals ◽  
Multivariate Regression Analysis ◽  
Metal Exchange ◽  
Analysis Model ◽  
Proposed Model ◽  
Credit Risk Model ◽  
The Impact

The changes in the prices of base and precious metals on the global metal market have a significant impact on credit risk factors. The link between these factors has been neglected over the years by traditional credit risk models. The inclusion of correlation coefficients within the set credit risk model will show the impact of these changes on other variables of credit risk over the years under review and the impact of these changes on the probability of default and the recovery rate. Changes in base metals prices on the London Metal Exchange (LME) for lead and zinc and the London Bullion Metal Association (LBMA) for gold and silver as precious metals were used in the proposed credit risk model for the period of ten years. The research was done by using the multivariate regression analysis model and based on the statistical model evaluation,the significant impact of all observed independent variables on the dependent variable of the proposed model was proved. The construction of the proposed model with proven predictability gives a scientific significance to the research that includes variables of models from different markets, which have a significant impact on the variables from the financial market.

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