This study presents an operational technique to maximize the profit of a cogeneration power plant under cost-based pool power market. In benefit side energy sale profit, heat sale profit, and supplementary fund profit for electric power industry are included and the changeable cost was considered in cost side. The profit of a cogeneration power plant is varied enormously by the operation conditions, and constraint conditions. The result of this case study can be used as a reference to a cogeneration power plant under the same power trading system.

In this study, the experimental study has carried out to select pitch angle on the backward flow in an axial fan that has adjustable pitch blades. With the change of pitch angle of axial fan with adjustable blade, air flow rate, pressure and air flow direction can be changed. Because of this merit, adjustable axial fan can be used in the backward flow. For the selection of the backward flow pitch angle, fan performance test method is selected by KS B 6311. Dynamic pressure, static pressure, electric current and voltage are measured in each pitch angles of axial fan that are $36^{\circ}$, $-16^{\circ}$, $-21^{\circ}$, $-26^{\circ}$, $-31^{\circ}$ and $-36^{\circ}$. In the result of test, fan performance curves at several pitch angle has been investigated. Finally, pitch angle of $-26^{\circ}$ has been selected to get largest flow rate at backward flow situation.

The global plant construction market has grown dramatically since 2000. As the market grows, domestic EPC contractors are expanding to meet its needs and have made great strides in terms of economic indicators from a decade ago. Larger projects involve a number of risk factors, such as volatile oil prices, however, and thus require quantitative and elaborate project management techniques for the ultimate success of a project's profitability. In addition, many Korean companies face difficulties in predicting potential risks and problems due to a lack of experience in dealing with the global market trend toward projects based on the Cost-re(Cost Reimbursable) contract as opposed to those based on the LSTK(Lumpsum Turnkey) contract. This study will examine methods and types of man-hour management according to plant project contract types. Further, it will explore the man-hour management system for successful completion of projects by satisfying the client's needs and enhancing the convenience in engineers' using the system. Additionally, this study will analyze the current system and identify its problems to address potential problems.