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http://dx.doi.org/10.15207/JKCS.2017.8.2.163

A Study on Improvement of Feasibility Evaluation for Public Projects  

Park, Seung-Jun (Chonnam National University)
Publication Information
Journal of the Korea Convergence Society / v.8, no.2, 2017 , pp. 163-168 More about this Journal
Abstract
The feasibility evaluation of public projects has been carried out mainly in the economic analysis. However, items of political, technological and balanced regional development aspects are further evaluated by applying analytic hierarchy process, This paper suggests to analyzes preliminary feasibility study of construction and research & development project during the past three years and to verify correlation between B/C ratio and AHP weight. The result shows that the correlation between cost benefit ratio and the weight of the hierarchy is 0.744 in construction projects and 0.899 in research & development project. Namely, AHP weight be under the control of B/C ratio and is devoted to its role against expectation. Therefore it must be sufficiently discussed in various designs of studies to maximize the effects of AHP analysis.
Keywords
Analytic Hierarchy Process; Cost-Benefit Analysis; Preliminary Feasibility Study; Industiry Convergence; Public Projects; ICT Cnovergence;
Citations & Related Records
Times Cited By KSCI : 8  (Citation Analysis)
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