| Title |
Application of Probabilistic VE/LCC Analysis Models for Quay Wall Structures |
| Authors |
Ahn, Jong-Pil ; Lee, Cheung-Bin ; Park, Ju-Won ; Yu, Deog-Chan |
| Keywords |
VE(Value Engineering) ; LCC(Life Cycle Cost) ; probabilistic VE/ LCC Analysis ; quay wall structures |
| Abstract |
It is common that the analysis of VE/LCC is performed in design phase of quay wall structures. The analysis is mainly executed based on experience and engineering sense of expert considering the selection of construction method, construction and maintenance cost. Recently there are increasing demands on the analysis that includes uncertainty and vulnerability of input parameters. For this purpose, fuzzy reliability based probabilistic VE/LCC analysis model for quay wall structures is suggested. In VE/LCC analysis for quay wall structures, the application of probabilistic analysis method give very similar results compare with those of deterministic analysis method. It is anticipated that the methodology proposed in this paper can also be utilized in the design and maintenance phase of other facilities where decision making is made for the probabilistic life cycle cost and value analysis. |