• Title/Summary/Keyword: Asset management System

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Modeling and Design of Intelligent Agent System

  • Kim, Dae-Su;Kim, Chang-Suk;Rim, Kee-Wook
    • International Journal of Control, Automation, and Systems
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    • v.1 no.2
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    • pp.257-261
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    • 2003
  • In this study, we investigated the modeling and design of an Intelligent Agent System (IAS). To achieve this goal, we introduced several kinds of agents that exhibit intelligent features. These are the main agent, management agent, watcher agent, report agent and application agent. We applied the intelligent agent concept to two different application fields, i.e. the intelligent agent system for pattern classification and the intelligent agent system for bank asset management modeling.

Development of an Evaluation System of a LOS-based Balanced Scorecard for Road Infrastructure Asset Management (도로자산관리를 위한 서비스수준 기반 균형성과표 평가체계 개발)

  • Han, Dae Seok;Yoo, In Kyoon;Lee, Su Hyung
    • International Journal of Highway Engineering
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    • v.17 no.3
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    • pp.13-25
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    • 2015
  • PURPOSES : This paper aims at the implementation of a balanced scorecard that can be widely applied to modern business management for use in the public road management sector. METHODS : This study applied the newly developed LOS-based balanced scorecard system instead of a traditional Key Performance Index (KPI) for better decision making in asset management planning. As an evaluation technique, a" hierarchical alignment and cascading method" is also suggested. Finally, the suggested system has been empirically applied to a regional government. RESULTS : To provide stable and sustainable road services, the balanced scorecard informs the regional government of needed improvements in its asset management plans regarding budget optimization, structural management, the development of inner-business processes, and human resources. CONCLUSIONS : An LOS-based balanced scorecard for managing road services and organizations in a quantitative manner has been successfully developed and tested through a field study. The developed scorecard is a timely topic and a useful analytical tool for coping with the new phases of an aging infrastructure, tighter budgets, and demand for greater public accountability.

Intellectual Asset Measurement of Construction Corporation's Knowledge Management (건설기업 지식경영의 지적자산 측정)

  • Son Young-Chan;Baik Jong-Keon;Kim Jae-Jun
    • Korean Journal of Construction Engineering and Management
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    • v.3 no.3 s.11
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    • pp.94-102
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    • 2002
  • It expresses well result measurement system's the importance that 'It can not manage that can not measure.' In this way, there is no expressivity that express difficulty. While Corporation's tangible asset is possible measuring by specific amount of money of financial statement or loss and gain statement etc, Method of corporation's intangible asset measurement is much had been introduced, but some one is not presenting objective frame. This research did size of construction corporation's intangible Asset(Intellectual Asset) through knowledge asset storing accumulation model(XYZ model) that present in LG economy research institute so that do quantification objectively. Through this, can presume construction corporation's intrinsic value level.

Investigating the Global Financial Markets from a Social Network Analysis Perspective (소셜네트워크분석 접근법을 활용한 글로벌 금융시장 네트워크 분석)

  • Kim, Dae-Sik;Kwahk, Kee-Young
    • Journal of the Korean Operations Research and Management Science Society
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    • v.38 no.4
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    • pp.11-33
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    • 2013
  • We analyzed the structures and properties of the global financial market networks using social network analysis approach. The Minimum Spanning Tree (MST) lengths and networks of the global financial markets based on the correlation coefficients have been analyzed. Firstly, similar to the previous studies on the global stock indices using MST length, the diversification effects in the global multi-asset portfolio can disappear during the crisis as the correlations among the asset class and within the asset class increase due to the system risks. Second, through the network visualization, we found the clustering of the asset class in the global financial markets network, which confirms the possible diversification effect in the global multi-asset portfolio. Meanwhile, we found the changes in the structure of the network during the crisis. For the last one, in terms of the degree centrality, the stock indices were the most influential to other assets in the global financial markets network, while in terms of the betweenness centrality, Gold, Silver and AUD. In the practical perspective, we propose the methods such as MST length and network visualization to monitor the change of the correlation risk for the risk management of the multi-asset portfolio.

Asset-based Mapping Approach to Design for Poverty Informations (자산기반매핑을 이용한 가난정보 구축에 관한 연구)

  • Liou, Jaeik;Kim, Jae-Yun
    • Journal of the Korean Association of Geographic Information Studies
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    • v.5 no.3
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    • pp.55-67
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    • 2002
  • Various researches and practices on asset management and asset-based mapping have been done with regard to engineering, industry, business and stocks marketing areas. Their notions and concepts are differently interpreted in response to different requirements. There are considerable research outcomes of management, operation and maintenance for physical, natural and digital assets. However, existing concept of asset management might have limitations to deal with diverse tangible or intangible assets at the individual/household/community level. In this paper, a conceptual framework of Hexad asset model is designed to explicate increase, decrease and other changes of assets flows as a geometric pathway. Particularly, consideration of lands and housing as important physical and natural assets to escape poverty not only leads to creation of an excellent 3D digital asset management, but also reaches to a new approach to asset-based mapping for a poverty information management and system.

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Design and Development of University Asset Management systems (대학 자산관리 시스템의 설계 및 구현)

  • Park, Chul-Young;Park, Dae-Heon;Cho, Sung-Eon;Park, Jang-Woo
    • Journal of Advanced Navigation Technology
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    • v.13 no.6
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    • pp.971-976
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    • 2009
  • This paper demonstrates the design and development of asset management systems suitable for the universities full of very various kind of assets. Universities consists of many departments, which have a multiplicity of many experimental. It is very difficult to record and manage assets with hands. In addition, the equipments are moving freely from one lab to another inside the school, which means it is tough to find the location of the assets and so some stuffs that are given lack attention are likely to disappear. So, these things occurring frequently in the university asset management environment should be considered in the design and embodiment of the asset management system. In the proposed system, location recognition of the assets is realized based on a route tracking method, so it is possible to detect the loss of the high priced assets and entrance, export, and lending of them are controlled efficiently. The system is likely to reduce the load of a manager responsible for asset management, because configured to decrease interventions of the manager in overall asset management process. Especially, the proposed system and implementation method will be suitable for small and medium-scale asset management, path tracking, history management.

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Analysis of Economic Life Cycle for Hydro-Generator Based on Annual Equivalent Cost Method (연간등가비용법을 이용한 수력발전기의 경제적 수명주기 분석)

  • Lee, Sung-Hun;Chang, Jeong-Ho;Kim, Jin-O;Lee, Heung-Ho
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.60 no.11
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    • pp.1993-1999
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    • 2011
  • Today, the power utilities is setting on the slow load growth and the aging of power equipment, and then could spend the efforts on the stability of system performance. Asset management may be defined as the process of maximizing corporate profit by maximizing performance and minimizing cost over the entire life cycle of power equipment. Therefore, asset management is great way to fulfill the economic investment and the stability of system performance. This paper presents the application of effective asset managem ent from an economic perspective. A proposed method is considering the life cycle analysis using life cycle cost methodology for hydro-generator during the total life cycle. The life cycle cost methodology include a way to calculating maintenance and operating costs. The proposed method will be expected to play an important role in investment decision making considering economic evaluation.

Analysis of Domestic and International Infrastructure Asset Management Practices and Improvement Strategy (국내외 사회기반시설물 자산관리 사례 분석을 통한 국내 발전 방안)

  • Chae, Myung-Jin;Lee, Giu;Kim, Jung-Ryul;Cho, Moon-Young
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.2
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    • pp.55-64
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    • 2009
  • In many developed countries, social infrastructure asset management has become an important issue for the effective operation and management, performance improvement, and providing better quality services. This paper describes infrastructure asset management practices in Korea and in the developed countries. Learning lessons from those countries and improve the asset management practices in Korea is the main theme of this paper. Considering the definition and basic structure of infrastructure asset management, authors have analyzed main concerns regarding infrastructure management, techniques, organizations (systems), and processes. The requirements and considerations are presented to overcome the limitations of current maintenance system. This paper will assist adopting infrastructure asset management in Korea and provide guide for the infrastructure maintenance.

Critical Success Factors for Implementation of e-Business in the Public Sector : A Case Study of the Korean ‘Onbid’ Asset-Management System

  • Park, Sang-Hyeok;Kim, Seok-Kyu
    • Journal of Information Technology Applications and Management
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    • v.15 no.3
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    • pp.227-242
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    • 2008
  • The purpose of this study is to identify the critical factors for the successful implementation of e-business in the public sector. The paper reports on a case study of the 'Onbid' asset-management system developed by the Korean Asset Management Corporation (KAMCO). 'Onbid' system is an e-marketplace for trading in public assets, including the disposition by public sale of real estate. Through this case study, the paper: (i) explores the changes in organizational culture that are required for successful e-transformation in organizations of public sectors; and (ii) identifies the critical success factors for the implementation of e-business in the public sector.

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A research framework for development of a LCCA based tunnel asset management system (LCCA기반 터널 자산관리 시스템 개발을 위한 연구개발 프레임웍 설계)

  • Lee, Seung Soo;Kim, Kwang Yeom;Kim, Dong-Gyou;Shin, Hyu-Soung;Seo, Jong Won
    • Journal of Korean Tunnelling and Underground Space Association
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    • v.16 no.6
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    • pp.615-625
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    • 2014
  • As many parts of Korea are mountainous, many tunnels have been constructed to be in step with rapid economic development since 1970's. However, the interest on maintenance of tunnels is far less than the awareness of need for tunnels. As the tunnel maintenance system is the responsive maintenance system which responds to the problems found during the inspection, it will be very difficult to respond to each problem with the limited budget and manpower of the government agencies when the number of aged tunnels rapidly increase in the future. As such, this study presents the need for the LCCA (Life Cycle Cost Analysis) based tunnel asset management system to transform the tunnel maintenance to a preventive management system in a strategic and long-term viewpoint and proposes the framework for development direction. It observed the asset management implementation cases of social infrastructure in other countries and analyzed the need for asset management technique to manage the tunnels in Korea. Moreover, it applied the LCCA model, which is the economic and engineering quantitative decision making technique, for tunnel asset management to present the concrete direction for development of an asset management model and designed the R&D framework to systemize it.