The economic feasibility of crane cabins with real-time computer-aided visual guidance system
Cranes’ operations are extremely risky and hazardous tasks, as demonstrated in various surveys in the field of incidents’ causes and effects. The most frequent cause of unsafe crane operation task execution is human error. Accordingly, innovation which enables cranes’ safe operations, prevents “blind lifts” and helps crane operator to avoid potential error is urgent. Project SPRINCE has proposed computer-aided Visual Guidance System as a real time solution aimed to prevent crane accidents, caused by obstructed view. This paper analyses the economic feasibility of Visual Guidance System application in various scenarios in aim to connect human, technology and organization issues through cost-benefit framework. There are two proposed investment scenarios analysed: A) Producing and selling of crane cabins with real-time computer-aided Visual Guidance System and B) Usage (purchase) of crane cabins with real-time computer-aided Visual Guidance System. The economic appraisal has proved that the total economic benefit in both scenarios in the complete utilization period is several times higher than the buying price, while the internal rate of return is few times higher than the aggregate rate of interest paid. Also, the amount of time which takes to recover the cost of an investment is less than four years. Moreover, both scenarios belong to the category of innovation projects with very low risk.
Ancione, G., Kavasidis, I., Merlino, G., & Milazzo, M. F. (2017). Real-time guidance system for cranes to manage risks due to releases of hazardous materials. in L. Walls, M. Revie, T. Bedford Risk, Reliability and Safety: Innovating Theory and Practice. London, UK: Taylor and Francis Group, 742-749.
Ansaldi, S.M., Agnello, P., & Bragatto, P.A. (2018). Smart safety systems: Are they ready to control the hazard of major accidents? WIT Transactions on the Built Environment, 174, 169-180.
Beavers, J.E., Moore, J.R., Rinehart, R., & Schriver, W.R. (2006). Crane-related fatalities in the construction industry. Journal of Construction Engineering and Management, 132 (9), 901-910.
Chu, X.N., & Thi, H. D. (2018). Determination of the Hazard Area of Crane and Hurdle-using Method for Accident Prevention. International Journal of Applied Engineering Research, 13 (9), 6717-6722.
Curry, S. & Weiss, J. (2000). Project Analysis in Developing Countries. London, UK: MacMillan Press.
Dondur, N. (2002). Economic analysis of projects. Belgrade, RS: Faculty of Mechanical Engineering (In Serbian)
European agency for Safety and Health at work (2013): EU-OSHA Multi-Annual Strategic Programme (MSP) 2014-2020.
Fabiano, B. & Currò, F. (2012). From a survey on accidents in the downstream oil industry to the development of a detailed near-miss reporting system. Process Safety and Environmental Protection, 90 (5), 357-367.
Fang, Y., Chen, J., Cho, Y. K., Kim, K., Zhang, S., & Perez, E. (2018). Vision-based load sway monitoring to improve crane safety in blind lifts. Journal of Structural Integrity and Maintenance, 3 (4), 233-242.
Marhavilas, P.K., Koulouriotis, D., & Gemeni, V. (2011). Risk analysis and assessment methodologies in the work sites: On a review, classification and comparative study of the scientific literature of the period 2000–2009. Journal of Loss Prevention in the Process Industries, 24 (5), 477-523.
Milazzo, M.F., Ancione, G., Brkic, V.S., & Vališ, D. (2016). Investigation of crane operation safety by analysing main accident causes. Pp. 74-80 in L. Walls, M. Revie, T. Bedford, Risk, Reliability and Safety: Innovating Theory and Practice. London, UK: Taylor and Francis Group
Neitzel, R.L., Seixas, N.S., & Ren, K.K. (2001). A review of crane safety in the construction industry. Applied Occupational and Environmental Hygiene, 16 (12), 1106-1117.
Pinto, A., Nunes, I.L., & Ribeiro, R.A. (2011). Occupational risk assessment in construction industry–Overview and reflection. Safety Science, 49 (5), 616-624.
Poh, C.Q., Ubeynarayana, C.U., & Goh, Y.M. (2018). Safety leading indicators for construction sites: A machine learning approach. Automation in construction, 93, 375-386.
Puška, A., Beganović, A., & Šadić, S. (2018). Model for investment decision making by applying the multi-criteria analysis method. Serbian Journal of Management, 13 (1), 7-28.
Rosenfeld, Y., & Shapira, A. (1998). Automation of existing tower cranes: economic and technological feasibility, Automation in Construction, 7, 285-298.
Shin, I.J. (2015). Factors that affect safety of tower crane installation/dismantling in construction industry. Safety Science, 72, 379-390.
Skogdalen, J.E., & Vinnem, J.E. (2011). Quantitative risk analysis offshore - Human and organizational factors. Reliability Engineering & System Safety, 96 (4), 468-479.
Spasojević Brkić, V., Klarin, M.M., & Brkić, A.D. (2015a). Ergonomic design of crane cabin interior: The path to improved safety. Safety Science, 73, 43-51.
The Author wishes to submit the Work to SJM for publication. To enable SJM to publish the Work and to give effect to the parties’ intention set forth herein, they have agreed to cede the first right to publication and republication in the SJM Journal.
The Author hereby cedes to SJM, who accepts the cession, to the copyright in and to the paper.
The purpose of the cession is to enable SJM to publish the Work, as first publisher world-wide, and for republication in the SJM Journal, and to grant the right to others to publish the Work world-wide, for so long as such copyright subsists;
SJM shall be entitled to edit the work before publication, as it deems fit, subject to the Authors approval
The Author warrants to SJM that:
- the Author is the owner of the copyright in the Work, whether as author or as reassigned from the Author’s employee and that the Author is entitled to cede the copyright to SJM;
- the paper (or any of its part) is not submitted or accepted for publication in any other Journal;
- the Work is an original work created by the Author;
- the Author has not transferred, ceded, or assigned the copyright, or any part thereof, to any third party; or granted any third party a licence or other right to the copyright, which may affect or detract from the rights granted to SJM in terms of this agreement.
The Author hereby indemnifies the SJM as a body and its individual members, to the fullest extent permitted in law, against all or any claims which may arise consequent to the warranties set forth.
No monetary consideration shall be payable by SJM to the Author for the cession, but SJM shall clearly identify the Author as having produced the Work and ensure that due recognition is given to the Author in any publication of the Work.
Should SJM, in its sole discretion, elect not to publish the Work within 1 year after the date of this agreement, the cession shall lapse and be of no further effect. In such event the copyright shall revert to the Author and SJM shall not publish the Work, or any part thereof, without the Author’s prior written consent.