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Financial Performance Assessment of Flat Buildings Using Life Cycle Cost and Cost–Benefit Analysis Velantika, Griselda Junianda; Mikhail, Reguel; Putri, Karina Meilawati Eka; Widowati, Elok Dewi; Alghiffary, Rizqi; Akbari, Muhamad Fauzan
Advance Sustainable Science Engineering and Technology Vol. 7 No. 1 (2025): November-January
Publisher : Science and Technology Research Centre Universitas PGRI Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26877/asset.v7i1.1005

Abstract

Buildings resulting from construction projects are durable assets and decisions related to construction projects have enduring impacts. In many cases, building owners prioritize only the initial costs, such as building design, construction, and equipment costs, while neglecting the future operation and maintenance costs. This research studies life cycle costing (LCC) analysis to evaluate the financial feasibility of urban housing. The LCC calculates all the costs incurred and benefits during the building's operation. The cost is generated from construction, operational, and maintenance costs. At the same time, the benefit breaks down into flat rental costs, retail rental costs, and parking costs. The costs incurred are estimated over 25 years, and the parameters of feasibility are net Present Value (NPV), Benefit-Cost Ratio (BCR), and Internal Rate of Return (IRR). The study generates negative NPV, BCR < 1, and 0.61% of IRR. It indicates that the project is not feasible. This research gives alternatives to make the project feasible. This study employed a trial-and-error approach to ascertain the viability of investing in flat rentals by systematically adjusting rental rates. Incremental adjustments to rental rates are tested by a series of rate hikes of 50%, 100%, 150%, and 200% using a trial-and-error approach. The project will become feasible if the flat rate increases to 150-200% of the initial rental rate.
Analisis dan Desain Modifikasi Jembatan Rangka Busur Baja dengan Fluid Viscous Damper Menggunakan SAP2000 Akbari, Muhamad Fauzan; Saputra, Yohanes Hadi; Alghiffary, Rizqi; Velantika, Griselda Junianda; Eka Putri, Karina Melawati; Widowati, Elok Dewi
Jurnal Proyek Teknik Sipil Vol 8, No 2 (2025): September
Publisher : Civil Infrastructure Engineering and Architectural Design

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14710/potensi.2025.29068

Abstract

ABSTRACT The bridge design modification presented in this study focuses on implementing a steel arch truss system combined with Fluid Viscous Dampers (FVDs) to improve structural efficiency and seismic resilience. The steel arch truss enables a longer main span with fewer intermediate supports, offering construction advantages, enhanced stability, and improved aesthetics. Additionally, the integration of FVDs aims to reduce structural displacements during seismic events, thereby minimizing potential post-earthquake damage.The object of this study is referred to as Bridge XYZ, assumed to be one of the key bridges in Gresik Regency, serving as a vital connection between Gresik and Lamongan. This bridge plays a strategic role in supporting mobility and logistics distribution in the region, making structural optimization and seismic mitigation essential. The research methodology includes data collection and literature review, followed by the structural redesign process. Structural modeling and analysis were conducted using SAP2000 software, adhering to Indonesian bridge and seismic design standards. The primary objective is to develop a single-span bridge configuration using steel orthotropic decks for a lighter superstructure and to evaluate the effectiveness of FVDs in reducing seismic-induced displacements. The analysis results show that the redesigned bridge utilizes BJ55 steel orthotropic deck plates with T-profile ribs, cross girders with WF profiles, tie beams with box girders, and Macalloy suspension cables. The application of FVDs successfully reduced seismic displacement by 3% to 45%, demonstrating their effectiveness in enhancing the bridge’s structural resilience.KEYWORDS Fluid Viscous Damper; SAP2000; Steel Arch Truss.