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논문 기본 정보

자료유형
학술대회자료
저자정보
Cindy L. Menches (Illinois Institute of Technology) Dae Young Kim (Dong-Eui University) Won-Sang Shin (Semyung University) Chang-Baek Son (Semyung University)
저널정보
한국산업정보학회 한국산업정보학회 학술대회논문집 2014 The International Industrial Information Systems Conference
발행연도
2014.1
수록면
144 - 147 (4page)

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초록· 키워드

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Annually, the U.S. government provides millions of dollars in capital improvement projects to agencies in order to reduce losses associated with natural disasters. To be eligible for federal funding, a project must be “cost effective” as demonstrated through a benefit-cost analysis (BCA). To establish the “cost” used in the analysis, an engineer must define the scope of work, perform preliminary engineering, and develop an estimated project cost. This preliminary project development work must be funded up-front by the requesting agency, but, ideally, agencies would like to know before they authorize development funds whether the proposed mitigation project is likely to be cost effective. This paper examines indicators that can be used to investigate a project’s cost effectiveness prior to authorizing preliminary development funds. The indicators include project useful life, mitigation project cost, and recurrence interval of the disaster. An equation was developed to represent the expected benefit-cost ratio (BCR), and a sensitivity analysis was performed to determine how sensitive the BCR was to changes in each indicator. These indicators can be used by agencies to determine whether to proceed with preliminary project development. Ultimately, this paper may contribute to improving the image of construction industry by providing simplified cost effective indicators.

목차

Abstract
Ⅰ. INTRODUCTION AND BACKGROUND
Ⅱ. METHODOLOGY
Ⅲ. CONCLUSIONS
Ⅳ. ACKNOWLEDGEMENT
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