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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Article
Author(s)
Chun Kyong Lee
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DOI:10.17265/1934-7359/2017.10.006
Affiliation(s)
R&D Center, LCCKOREA. Co., Ltd., Seoul 06527, Republic of Korea
ABSTRACT
After the introduction of BTL (Build-Transfer-Lease) projects in 2005, most construction projects of
school facilities have been implemented in BTL system. However, concern about
whether the school facilities can be managed appropriately during the 20 year
as operation and management period is increasing. Therefore, the necessity of
reference for evaluation standard on operating costs and the establishment of
LCC (life cycle costing)
prediction models is coming to the fore. In this respect, the goal of this
study was to extract the variables for LCC-related models and conduct analyses of the
correlations of the variables using statistical analysis tool, in order to
establish LCC prediction and backtracking model based on BTL project cases of
school facilities. The prediction and backtracking model of LCC will be a key
for budget equalization or optimum range as one way of estimating method using
LCC by year and school type. In the future, it would provide the accurate
reference for analyzing and managing the actual input costs against the plan
and evaluating the practical cost for long-term facility management plan as the
predictive management.
KEYWORDS
Life cycle costing, prediction and backtracking model, school facility.
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