Minimizing Fluctuation of the Maintenance, Repair, and Rehabilitation Cost Profile of a Building
Publication: Journal of Performance of Constructed Facilities
Volume 30, Issue 3
Abstract
Preventive and regular maintenance, repair, and rehabilitation (MR&R) is necessary for a building to function satisfactorily throughout its lifecycle. A relatively constant MR&R budget is generally allocated to a building each year. However, because the components used in a building have different life expectancies, annual MR&R cost profiles may fluctuate quite strongly over time. Accordingly, if MR&R for several components comes due in the same budget period, the pre-allocated MR&R budget may not be sufficient to cover all necessary MR&R. In these cases, MR&R for some components would be postponed. This failure to conduct MR&R in a timely manner may adversely affect long-term performance of the building. To address this concern, this paper introduces a model that can minimize the fluctuation of the MR&R cost profile by adjusting the timing of some MR&R activities to earlier points than the initial MR&R schedule. Applying the newly developed model to a case study confirmed its applicability and effectiveness in stabilizing the MR&R cost profile. This paper makes a theoretical contribution to developing an optimization model that can minimize the fluctuation of the cost profile over time. It is of value to practitioners by providing an effective tool to establish a more reliable and executable MR&R schedule, thereby preventing MR&R activities from being postponed and increasing the life expectancy of a building.
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Acknowledgments
This research was supported by a grant (07 Urban Renaissance B03) from High-Tech Urban Development Program funded by the Ministry of Land, Infrastructure and Transport of the Korean Government for Changtaek Hyun. Also, this research was supported by Basic Science Research Program through the National Research Foundation of Korea (NRF) funded by the Ministry of Science, ICT and Future Planning (2013010660) for Sangwon Han.
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Information & Authors
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Published In
Journal of Performance of Constructed Facilities
Volume 30 • Issue 3 • June 2016
Copyright
© 2015 American Society of Civil Engineers.
History
Received: Oct 7, 2014
Accepted: Mar 19, 2015
Published online: Jun 1, 2015
Discussion open until: Nov 1, 2015
Published in print: Jun 1, 2016
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