Geotechnical Instrumentation News Monitoring with
Transcription
Geotechnical Instrumentation News Monitoring with
" % # (% %# % %% $ # # &#) #$% #$% % #$ "$$/'&+' "&&"+"')&)',++!"*+")'* $&$$ $ % % %% $ % % !%&# $ $%#&% $% )&#% # &% !% $ # #% # & &!! #% $&'"&*'&')'&+!*'&*3*2%0 "& %$ # # &%#$ '&$), " %# # ! &# %# '$ # # &(%# ! %&$ ')+!(,"* $ $%#&% $% $% $ % % #& ,&)$'*')0'$$ '*&"$/' )#")&$"&$"/) *$"%"+!)"$*'&+-(!&)"&&&)"+"&+ '&*+"+,+.* .* '+!&"$&*+),%&++"'&.* !)',+"& )',&.+) *+'+!&"* '&+)*+ ''#-". '%"& -&+* !')+',)** )#+($ ! !!&'$ &'!''#'"##%($'$$(%'&*$ (#%!$&$%+$!!$&$%"#)!#&''('$####%# #)%&'*$%'&$!(" LQGG 30 &#+$+$( +#")!( % "% "*&( ('!") "*&() 15,))@-9 "0139<+0 #6*-9;0)7<1: 605<551+31.. 659),-31+")636 )AA)99151 ')9,'13:65 % "% "*&()% ,(*")"% 6'205#B/96@52?@A1 .::2?@:6A5*.F %605:<;1?6A6@5<9B:/6. .;.1.) '29 .E 2:.6942<A205;60.9;2D@/6A2050. D2/DDD/6A2050. "*&("#") )5),1)5-6;-+051+)3$6+1-;@ #569?B0516A<?&!2D@ 2:.69 #569-?B054<912?0<: "*&("#") -65:;1;<;-6.;0-4-91+)5$6+1-;@ 6.1=135/15--9: 6;1.%.F2? 92E.;12?299?6C2 %2@A<;) '29.E 2:.69 9/.F2?.@02<?4 <;?.1*29602 29602<:=.;F ! A5&A?22A &B6A26?89.;1* '29.E 2:.69032960203296020<: ")*("+*"&%%+)("'*"&%) -6;-+051+)3 ->:1:7<*31:0-,8<)9;-93@)5, ,1:;91*<;-,;69-/1:;-9-,4-4*-9:6.;0)5),1)5-6;-+051+)3$6+1-;@%0-)55<)3 :<*:+917;1659);-.694-4*-9:6.;0-$6+1-;@1: 654-4*-9:>1;015 69;0 4-91+)4)@:<*:+91*-;096</0;0-"<*31:0-9: &$7-9@-)96=-9:-):9);-1: &$7-9@-)9 6'205#B/96@52?@A1 .::2?@:6A5*.F %605:<;1) %)*(+$%**"&% <5;B;;6096336AA92 2.A *56@@29D299 <C2F '?.02F2C<;'$ ;49.;1 '29 .E 2:.697<5;1B;;6096332096=@20<B8 !% '$1:7<*31:0-, 8<)9;-93@.69 &$-4*-969&$ 7-9@-)9*@1%-+0"<*31:0-9:;,+6;0 =-5<- -+0- 69;0)26;) "-916,1+)3 76:;)/-7)1,); -+0- 69;0)26;) $$ ("!$%$%#$-5,&$ ),,9-::+0)5/-:;6!% '$ "!6? -+0- )*&*!%") *.?1*69@<;#?<32@@<?.;15.6? 6;6;4.;1A52;C6?<;:2;A2=A<3 6;6;4 .;1 6;2?.9#?<02@@;46;22?6;4 '52(;6C2?@6AF<3?6A6@5<9B:/6. %<<: &A<?2@%<.1).;0<BC2? )' ,'29 .E 2:.69 4DD:6;6;4B/00. !(&+*"% #.<9< .GG.??6;6 <982@A<;2*.F *2@A).;0<BC2?)&+ '29 .E 2:.69 =.<9<=.<9<4.G0<: $()!"'%&($*"&% &.?.5*.A@<;#"<E 996@A<;"!% * '29 .E 2:.69 04@04@0. "915;-,15)5),) (&+%-*( %</2?A#5.=B6@2=A 0<92 #<9FA205;6>B2#"<E&A.) <;A?2.9$% '29 .E 2:.69 ?</2?A05.=B6@=<9F:A90. ! ! ! ,01.%*##.+1* /0.!//!/.!/1(0/%*)+.!+),(!0! (%)%0!-1%(%.%1)/0%(%05*(5/%/!+01 %+6/ %*0!#.0%+*!*(!/5+10+1/!* "%*%0!!(!)!*0/0.!//!/%*5+1./0%(%05 *(5/%/3%0$!/!$%/%/,.0%1(.(51/!"1(3$!*0$! /+%(/0.!//!/.!$!2%(5%*"(1!*! 5/0.101.(+),+*!*0//1$/3%0$0%!'!420%+*/+. 5*)%/0.!//!/ 1.%*#* !.0$-1'!/%*#"%*%0!!(!)!*0/0.!//!/%/&1/0+*!)+.!350+%*0!#.0!/!2!.('%* /+"#!+0!$*%(*(5/!/3%0$%*!+01 %+ +/0.01/%*#!+01 %+0+ 5+*000 +.2%/%0 LQGG 30 %$())*)$,( (2:1*?-;A>$2C? =5=25BC *5<< EC 12?ED 1>I B535>D 8?>?BC 1G1B4C C@5391< 1@@?9>D=5>DC 5D3 I?E B5359F5 978B5C?<ED9?> @8?D?C 1<C? 1B545C9B54)5>4D? 20:=><,>,,=.0:<2 6 I?EB C53D9?> ?B 2B1>38 75?D538>931< 7B?E@ 81C 1> E@3?=9>7 5F5>D ?B >5GC I?E G1>D D? C81B5 ?> D85 )53D9?>C B1>385C5?D538>931<B?E@G52@1751D AAA20:49=>4>?>0:<22<:?;=@<51C5C5>49DD? 7-,C0<,=.0:<2 ;>26@? *? CE2=9D 9>6?B=1D9?> 6?B ?B59DC 5=19< I?EB G?B4 ?B <5CC 1>>?E>35=5>D D? 20:=><,>,,=.0:<2 '8?D?C =ECD 25 C5>D1C1C5@1B1D58978B5C?<ED9?>!'?B* 69<5C 0:(><,>, =171J9>5 9C 1 6B55 =5= 25BC89@ 25>569D 1>4 9C >?D 1F19<12<5 2I CE2C3B9@D9?> 6 I?E ?B I?EB ?B71>9J1 D9?> 9C >?D 1 =5=25B 1>4 G?E<4 <9;5 D? :?9> <?7 ?>D? AAA20:49=>4>?>0:<2 D? <51B> 8?G D85 5? >CD9DED5 31> 5> 81>35 I?EB CE335CC 5H@1>4 I?EB ;>?G<5475 1>4 @B?F945 I?E G9D8 >E =5B?EC25>569DC1>4C5BF935C ! $ # " ! $ ""$ !!! !# $ $ !$ ! "$ """ LQGG 30 +(',%#(.'-# , % ! -#% 3 (' / 2&'$-, #!"0 -+0#'! #%'!, #' +!#% ! -#('+ *. 4 , !' +&('- '- #% )"(' 1 LQGG 30 %$())*)$,( 2;:?@6@A@2$2C? @5 )52 :@2>:.@6;:.8 (E9<;?6A9;:6281 #2.?A>292:@?6: 2;9205.:60?## (2<@29/2> ;?@;:&.>7&8.F.);C2>? ;?@;:# CCC3949;>4 *89C 5? >CD9DED5 ?6 ) )I=@? C9E= G9<< C8?G31C5 @B?65CC9?>1<C 5AE9@=5>D =5D8?4C 1>4 ?B71>9J1D9?>C 1CC?391D54 G9D8 =1;9>7 695<4 @5B6?B =1>35 =51CEB5=5>DC D? 85<@ =1>175 B9C;C 9> D85 45C97> 3?>CDBE3D9?> 1>4 ?@ 5B1D9?> ?6 5>79>55B54 6139<9D95C *85 41I 3?>65B5>35 G9<< 3?>35>DB1D5 ?> 75?D538>931< CDBE3DEB1< 5>F9B?>=5>D1< 1>4 75?@8IC931< 9>CDBE=5>D1D9?> =5D8 ?4C 1>4 1@@<931D9?>C 6?B =?>9D?B9>7 @5B6?B=1>35 ?6 6139<9D95C H@5BDC 1>4 @B13D9D9?>5BC 6B?= 5F5BI 3?>D9>5>D 1>4 =?B5 D81> 3?E>DB95C G8? G?B; 9> 9> 6B1CDBE3DEB5 3?>CDBE3D9?> =9>9>7 @5 DB?<5E= 1>4 D85 75?5>F9B?>=5>D1< 695<4C G9<< E>4?E2D54<I 25 9> 1DD5> 41>35 $$ 1<C? G9<< ?665B C@5391< <53DEB5C D538>931< @B5C5>D1D9?>C @?CD5B C5CC9?>C 5H8929D9?>C G?B;C8?@C 1>4 D538>931< D?EBC 1C G5<< 1C 1 @1B1<<5< >?>D538>931<@B?7B1= 2;;:4>2?? )52 5.882:42;3(A?@.6:./686@E6: @522;2:B6>;:92:@ ::A.8;:4>2??;3@52 2;:?@6@A@2;3( #.>05 $2C%>82.:?" 5??>7B5CC G9<< @B5C5>D 1 2B?14 @5BC@53D9F5 ?> D85 B?<5 ?6 75?5>79>55BC 1>4 75?C395>D9CDC 9> @B?D53D9>7 1>4 @B5 C5BF9>7 ?EB 5>F9B?>=5>D 1>4 G9<< 5= @81C9J5 D85 2B514D8 1>4 9>D5B49C39@<9> 1BI >1DEB5 ?6 D85 75?5>F9B?>=5>D *85 &B71>9J9>7 ?==9DD55 9C @<1>>9>7 1 D538>931< @B?7B1= D81D 9>3<E45C CD1D5?6D851BD 3?>DB92ED9?>C 144B5CC 9>7 1<< 6135DC ?6 @B13D935 B5C51B38 1>4 54 E 31D9 ? > @ 5BD19 >9 >7 D? D8 5 75?5>F9B?>=5>D 1>4 D85 381<<5>75 ?6 CECD19>129<9DI 6139>7 5>79>55BC C395> D9CDC 1>4 @B13D9D9?>5BC D?41I (% 2%#( -)#!+ 1%11).- /0./.1!+1 5)++ "% $3% "6 !0#( !-$ 2(% !"120!#21 5)++ "% $3% "6 !0#( ?B 1449 D9?>1< ?>7B5CC 9>6?B=1D9?> 3853; GGG75?9>CD9DED5?B7 ?B 3?>D13D D85 3?>65B5>35 3?3819BC 'B?6 "B9C8>1 (544I 6<0//C?4.0/? 1>4 B 5D8 B?CC-2<:==20:=C9>0..:8 2;@205:60.8.>@5=A.72 :46:22>6:4.:1(;68E:.960? (+ #.E (.0>.92:@; CCC422?1;>4 ) , G9<< 25 D85 D8 4535>>91< 5?D538>931< 1BD8AE1;5 >79>55B9>7 1>4 )?9< I>1=93C ?>65B5>35 ?B71 >9J54 2I D85 1BD8AE1;5 >79>55B9>7 1>4 )?9< I>1=93C ?==9DD55 ?6 D85 5? >CD9DED5 ?6 ) 1>4 6?<<?GC D85 8978<I CE335CC6E< ) 3?>65B5>35C 9> )51DD<5 - '1B; 9DI +* 1>4 '1C145>1 *89C ?>65B5>35 G9<< 2B9>7 D?75D85B D85 2B?14 3?==E>9DI ?6 75?@B?65CC9?>1<C G8? G?B; ?> 51BD8AE1;5 5>79>55B9>7 1>4 C?9< 4I>1=93C @B?2<5=C 6?B 1 3?= @B585>C9F5 4535>>91< 5H1=9>1D9?> ?6 D85C5 D538>931< 49C39@<9>5C *85 @B? 7B1= G9<< 25 49F5BC5 9>3<E49>7 31C5 89C D?B95C 1>4 @B13D935?B95>D54 @1@5BC B5 35>D B5C51B38 69>49>7C 9>>?F1D9F5 D538>?<?795C %) 1>4 75?@8IC931< 5AE9@=5>D 45=?>CDB1D9?>C 1>4 D85 5=5B79>71BDC13B?CC49C39@<9>5C $2C&>2?612:@:1A0@216: 2>?52E& !?8> >45BC?> '8 ' G1C 9>4E3D54 1C D85 C D8 @B5C945>D 4EB 9>7 D85 5>DB1< '5>>CI<F1>91 )53D9?>C >4 >>E1< 5?D538>931< ?>65B5>35 9> 5BC85I ' *89C 9C D85 C53?>4 I51B D81D D85 81C 9>4E3D54 1 @B5C945>D 1>4 ?JIJOKMDIOF@TGDI@N $@J?@INDAD><ODJI <? =R KD>FPKAMJHK<B@'PI@ LQGG 30 ,VQ·WWKHUHDEHWWHUZD\WRPDQDJHJHRWHFKQLFDOGDWD" )RUWXQDWHO\WKHUHLV:LWKJ,176RIWZDUH\RXQRWRQO\JHWWKHZRUOG·VPRVWÁH[LEOHGDWDEDVHSDFNDJH EXLOWVSHFLÀFDOO\IRUJHRWHFKQLFDODQGJHRHQYLURQPHQWDOSURIHVVLRQDOV³\RXDOVRJHWDV\VWHPWKDWHQDEOHV VRSKLVWLFDWHG GDWD YDOLGDWLRQ HOLPLQDWHV UHGXQGDQF\ LQ GDWD HQWU\ DQG GUDPDWLFDOO\ UHGXFHV UHSRUW SUHSDUDWLRQ DQG DQDO\VLV WLPH E\ DV PXFK DV 2QO\ J,17 RIIHUV D IXOO\ FXVWRPL]DEOH UHODWLRQDO GDWDEDVHWKDWPDNHV\RXWKHWUXHPDVWHURI\RXUJHRWHFKQLFDODQGJHRHQYLURQPHQWDOGDWD:KLFKPHDQV \RXZRQ·WKDYHWRZRUU\DERXWWULSSLQJRYHU\RXUÀ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À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`MYPLUKS` /LSPJHS7PLYKYP]LU[V SVHKILHYPUNZ[YH[H ";;76:43;>..>@;;:6?@ #9;5 D? 4122<5 9> 31BD??>C 0:(><,>, 9C <??;9>7 6?B 1 F?<E>D55B 31BD??>9CD D? G?B; G9D8 D85 49D?B91< ?1B4 D? 3B51D5 31BD??>C 6?B @E2<931D9?> 9> D85 =171 J9>5 1BD??>C =ECD 25 D85 1BD9CDC ?B979 >1< G?B; 1>4 CE2=9DD54 1C 31= 5B1B514I 1BD 21C54 ?> 9451C D81D D85 49D?B91< ?1B4 @B?F945C ?>D13D 7-,C0<,=.0:<2 7H[LU[LKZJYL^ [VNL[OLY[LJOUVSVN`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Š$SSOLFDWLRQVRI(QJLQHHULQJ0DQDJHPHQW Š(QJLQHHULQJ'HVLJQ Š&RQWURO6\VWHPV Š6WUXFWXUDO*HRWHFKQLFDO(QJLQHHULQJ 8QLYHUVLW\RI:LVFRQVLQ3ODWWHYLOOH /HDUQ)URPD/HDGHU &RQWDFW8V7RGD\ ZZZXZSODWWHGXGLVWHG 'LVWDQFH(G#XZSODWWHGX 2QOLQH 0DVWHURI6FLHQFHLQ 3URMHFW0DQDJHPHQW &HUWLÀFDWHV Š&HUWL¿FDWHLQ3URMHFW0DQDJHPHQW Š$GYDQFHG&HUWL¿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