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Visual Basic GUI for an Improved of M&V Framework Considering Risk Assessment

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@article{IJASEIT2338,
   author = {Nor Shahida Razali and Nofri Yenita Dahlan and Wan Faezah Abbas and Hasmaini Mohamad},
   title = {Visual Basic GUI for an Improved of M&V Framework Considering Risk Assessment},
   journal = {International Journal on Advanced Science, Engineering and Information Technology},
   volume = {7},
   number = {6},
   year = {2017},
   pages = {2018--2026},
   keywords = {IPMVP; energy savings; option C; single variable; multi-variable; monte carlo simulations; risk assessment},
   abstract = {This paper presents a development of Visual Basic based Graphical User Interface (GUI) for an improved of Measurement and Verification Protocol (M&V) Whole Facility framework to quantify an investment in energy savings considering risks. Monte Carlo simulations are presented to assess the risks of an Energy Conservation Measure (ECM) project. The proposed M&V framework produces a continuous range of savings and rate of return of the investment with associated probabilities instead of a single value assessment without margin of error. The GUI was tested for a commercial building using three different variables that are affecting the energy use: 1) Cooling Degree Days (CDD), 2) Number of Working Days (NWD) and 3) Multi-Variable that combining CDD and NWD. From the findings, it shows that the proposed Visual Basic based GUI of M&V with Monte Carlo simulation provides a more comprehensive overview of energy savings investment in a building.},
   issn = {2088-5334},
   publisher = {INSIGHT - Indonesian Society for Knowledge and Human Development},
   url = {http://ijaseit.insightsociety.org/index.php?option=com_content&view=article&id=9&Itemid=1&article_id=2338},
   doi = {10.18517/ijaseit.7.6.2338}
}

EndNote

%A Razali, Nor Shahida
%A Dahlan, Nofri Yenita
%A Abbas, Wan Faezah
%A Mohamad, Hasmaini
%D 2017
%T Visual Basic GUI for an Improved of M&V Framework Considering Risk Assessment
%B 2017
%9 IPMVP; energy savings; option C; single variable; multi-variable; monte carlo simulations; risk assessment
%! Visual Basic GUI for an Improved of M&V Framework Considering Risk Assessment
%K IPMVP; energy savings; option C; single variable; multi-variable; monte carlo simulations; risk assessment
%X This paper presents a development of Visual Basic based Graphical User Interface (GUI) for an improved of Measurement and Verification Protocol (M&V) Whole Facility framework to quantify an investment in energy savings considering risks. Monte Carlo simulations are presented to assess the risks of an Energy Conservation Measure (ECM) project. The proposed M&V framework produces a continuous range of savings and rate of return of the investment with associated probabilities instead of a single value assessment without margin of error. The GUI was tested for a commercial building using three different variables that are affecting the energy use: 1) Cooling Degree Days (CDD), 2) Number of Working Days (NWD) and 3) Multi-Variable that combining CDD and NWD. From the findings, it shows that the proposed Visual Basic based GUI of M&V with Monte Carlo simulation provides a more comprehensive overview of energy savings investment in a building.
%U http://ijaseit.insightsociety.org/index.php?option=com_content&view=article&id=9&Itemid=1&article_id=2338
%R doi:10.18517/ijaseit.7.6.2338
%J International Journal on Advanced Science, Engineering and Information Technology
%V 7
%N 6
%@ 2088-5334

IEEE

Nor Shahida Razali,Nofri Yenita Dahlan,Wan Faezah Abbas and Hasmaini Mohamad,"Visual Basic GUI for an Improved of M&V Framework Considering Risk Assessment," International Journal on Advanced Science, Engineering and Information Technology, vol. 7, no. 6, pp. 2018-2026, 2017. [Online]. Available: http://dx.doi.org/10.18517/ijaseit.7.6.2338.

RefMan/ProCite (RIS)

TY  - JOUR
AU  - Razali, Nor Shahida
AU  - Dahlan, Nofri Yenita
AU  - Abbas, Wan Faezah
AU  - Mohamad, Hasmaini
PY  - 2017
TI  - Visual Basic GUI for an Improved of M&V Framework Considering Risk Assessment
JF  - International Journal on Advanced Science, Engineering and Information Technology; Vol. 7 (2017) No. 6
Y2  - 2017
SP  - 2018
EP  - 2026
SN  - 2088-5334
PB  - INSIGHT - Indonesian Society for Knowledge and Human Development
KW  - IPMVP; energy savings; option C; single variable; multi-variable; monte carlo simulations; risk assessment
N2  - This paper presents a development of Visual Basic based Graphical User Interface (GUI) for an improved of Measurement and Verification Protocol (M&V) Whole Facility framework to quantify an investment in energy savings considering risks. Monte Carlo simulations are presented to assess the risks of an Energy Conservation Measure (ECM) project. The proposed M&V framework produces a continuous range of savings and rate of return of the investment with associated probabilities instead of a single value assessment without margin of error. The GUI was tested for a commercial building using three different variables that are affecting the energy use: 1) Cooling Degree Days (CDD), 2) Number of Working Days (NWD) and 3) Multi-Variable that combining CDD and NWD. From the findings, it shows that the proposed Visual Basic based GUI of M&V with Monte Carlo simulation provides a more comprehensive overview of energy savings investment in a building.
UR  - http://ijaseit.insightsociety.org/index.php?option=com_content&view=article&id=9&Itemid=1&article_id=2338
DO  - 10.18517/ijaseit.7.6.2338

RefWorks

RT Journal Article
ID 2338
A1 Razali, Nor Shahida
A1 Dahlan, Nofri Yenita
A1 Abbas, Wan Faezah
A1 Mohamad, Hasmaini
T1 Visual Basic GUI for an Improved of M&V Framework Considering Risk Assessment
JF International Journal on Advanced Science, Engineering and Information Technology
VO 7
IS 6
YR 2017
SP 2018
OP 2026
SN 2088-5334
PB INSIGHT - Indonesian Society for Knowledge and Human Development
K1 IPMVP; energy savings; option C; single variable; multi-variable; monte carlo simulations; risk assessment
AB This paper presents a development of Visual Basic based Graphical User Interface (GUI) for an improved of Measurement and Verification Protocol (M&V) Whole Facility framework to quantify an investment in energy savings considering risks. Monte Carlo simulations are presented to assess the risks of an Energy Conservation Measure (ECM) project. The proposed M&V framework produces a continuous range of savings and rate of return of the investment with associated probabilities instead of a single value assessment without margin of error. The GUI was tested for a commercial building using three different variables that are affecting the energy use: 1) Cooling Degree Days (CDD), 2) Number of Working Days (NWD) and 3) Multi-Variable that combining CDD and NWD. From the findings, it shows that the proposed Visual Basic based GUI of M&V with Monte Carlo simulation provides a more comprehensive overview of energy savings investment in a building.
LK http://ijaseit.insightsociety.org/index.php?option=com_content&view=article&id=9&Itemid=1&article_id=2338
DO  - 10.18517/ijaseit.7.6.2338