• 제목/요약/키워드: Based on a Project Approach

검색결과 627건 처리시간 0.033초

Evaluating the Investment in the Malaysian Construction Sector in the Long-run Using the Modified Internal Rate of Return: A Markov Chain Approach

  • SARSOUR, Wajeeh Mustafa;SABRI, Shamsul Rijal Muhammad
    • The Journal of Asian Finance, Economics and Business
    • /
    • 제7권8호
    • /
    • pp.281-287
    • /
    • 2020
  • In capital budgeting practices, investment project evaluations based on the net present value (NPV) and the internal rate of return (IRR) represent the traditional evaluation techniques. Compared with the traditional methods, the modified internal rate of return (MIRR) gives the opportunity to evaluate an investment in certain projet, while taking the changes in cash flows over time and issuing shares such as dividing shares, bonuses, and dividend for each end of the investment year into account. Therefore, this study aims to evaluate an investment in the Malaysian construction sector utilizing financial data for 39 public listed companies operating in the Malaysian construction sector over the period from Jan 1, 2007, to December 30, 2018, based on the MIRR method. Stochastic was studied in this study to estimate the estimated probability by applying the Markov chain model to the MIRR method where the transition matrix has two possible movements of either Good (G) or Bad (B). it is found that the long-run probability of getting a good investment is higher than the probability of getting a bad investment in the long-run, where were the probabilities of good and bad are 0.5119, 0.4881, respectively. Hence, investment in the Malaysian construction sector is recommended.

Neuro-fuzzy based approach for estimation of concrete compressive strength

  • Xue, Xinhua;Zhou, Hongwei
    • Computers and Concrete
    • /
    • 제21권6호
    • /
    • pp.697-703
    • /
    • 2018
  • Compressive strength is one of the most important engineering properties of concrete, and testing of the compressive strength of concrete specimens is often costly and time consuming. In order to provide the time for concrete form removal, re-shoring to slab, project scheduling and quality control, it is necessary to predict the concrete strength based upon the early strength data. However, concrete compressive strength is affected by many factors, such as quality of raw materials, water cement ratio, ratio of fine aggregate to coarse aggregate, age of concrete, compaction of concrete, temperature, relative humidity and curing of concrete. The concrete compressive strength is a quite nonlinear function that changes depend on the materials used in the concrete and the time. This paper presents an adaptive neuro-fuzzy inference system (ANFIS) for the prediction of concrete compressive strength. The training of fuzzy system was performed by a hybrid method of gradient descent method and least squares algorithm, and the subtractive clustering algorithm (SCA) was utilized for optimizing the number of fuzzy rules. Experimental data on concrete compressive strength in the literature were used to validate and evaluate the performance of the proposed ANFIS model. Further, predictions from three models (the back propagation neural network model, the statistics model, and the ANFIS model) were compared with the experimental data. The results show that the proposed ANFIS model is a feasible, efficient, and accurate tool for predicting the concrete compressive strength.

Daesoon Thought as the Source of Daesoon Jinrihoe's Social Work

  • SORYTE, Rosita
    • 대순사상과 동아시아종교
    • /
    • 제1권2호
    • /
    • pp.89-114
    • /
    • 2022
  • Both in Korea and internationally, many know and appreciate Daesoon Jinrihoe for its social work in the three main areas of education, social welfare and health care, and charity aid. The article surveys Daesoon Jinrihoe's activities in these three areas and proposes a comparison with the charitable and ecological work performed by the Taiwanese Buddhist charity (and new religious movement) Tzu Chi, the peace activities of Soka Gakkai, and the projects developed in Bhutan to implement the policy of Gross National Happiness. Tzu Chi is mostly known for its massive recycling activities, but in fact its view of charity and ecology is based on a specific Buddhist theology. Soka Gakkai's vision of peace relates to its interpretation of Nichiren Buddhism. Gross National Happiness in Bhutan is a project promoted by the government, but scholars who have studied it have concluded that it is deeply rooted in Drukpa Kagyu, the dominant school in Bhutanese Buddhism. Similarities are noted, as well as differences with the Western Christian and post-Christian approach to charity, which is largely based on an affirmation of the self. Daesoon Jinrihoe's social work shares with the Buddhist cases studied in the article the idea that the self may deceive (self-deception) but appears to be inspired by the unique principle of Sangsaeng, and by the idea that the root causes of social problems are grievances accumulated through thousands of years and in need of being resolved.

NON-VALUE ADDING ACTIVITIES IN SOUTH AFRICAN CONSTRUCTION: A RESEARCH AGENDA

  • Fidelis Emuze;John Smallwood
    • 국제학술발표논문집
    • /
    • The 4th International Conference on Construction Engineering and Project Management Organized by the University of New South Wales
    • /
    • pp.453-458
    • /
    • 2011
  • The construction industry's importance to nation building, economic empowerment, and contributions to global commerce cannot be over emphasised. However, poor productivity, accidents, rework, time and cost overruns, and client dissatisfaction have characterised the industry performance in a multi-dimensional way. The central issue in this particular research is the seemingly inadequate achievement of optimum performance in the construction process, either with respect to value for money for the client and the entire construction supply chain or value in terms of the utility derived from built assets in spite of efforts by government and governmental bodies such as the Construction Industry Development Board (cidb) to increase industry performance. Therefore, based upon an extensive review of related literature, the paper reports on effects and causes of non-value adding activities in the construction industry in general, and South African construction in particular. The research findings indicate that activities that can be referred to as non-value activities are not only prevalent, but they can also be held responsible for performance related issues in terms of cost, time, quality and health and safety (H&S) in construction; and the exploration of pluralism in the research methodology may result in a robust model based upon the system dynamics approach. Therefore, the study suggests that there is major scope for value optimisation in the construction process especially in terms of availability and implementation of interventions, which have not only proven successful in other industries, but are also adaptable in the construction industry context.

  • PDF

An AI-Based Prevention Program to Protect Youth from Cybergrooming

  • 김기정;리푸 후앙;조진희
    • 인터넷정보학회논문지
    • /
    • 제24권5호
    • /
    • pp.67-73
    • /
    • 2023
  • The Digital Age calls for improvement of information literacy particularly among children and youth who are vulnerable to cybergrooming. Taking an interdisciplinary approach by leveraging our team's expertise including child and adolescent development, data analytics, and cybersecurity, this study proposes an interactive artificial intelligence (AI)-based preventive simulation program that raises youth knowledge and awareness about the risk of cybergrooming as well as increases resilient self-efficacy in their cybersecurity-relevant skills. The primary purpose of this project is to evaluate the effectiveness of the simulation program on preventing cybergrooming. More specifically, this study is designed to examine developmental changes in self-efficacy of cybersecurity-relevant skills among youth participants as a function of the preventive simulation program. Further, this study will identify risk and protective factors that explain interindividual differences in the ability of children and youth either to fall victim to advances from a cyber predator or to recognize and deter such threats. The preliminary data will help improve the effectiveness of the preventive simulation program as well as the methods of implementation to large groups of youth. The findings from the proposed study will contribute to making specific recommendations to parents, educators, practitioners, and policy makers for the prevention of cybergrooming.

케이블-댐퍼 시스템의 전체감쇠비 해석을 통한 선형조합 접근법의 유효성 (Validity of Linear Combination Approach based on Net Damping Analysis of Cable-Damper System)

  • 김현겸;황재웅;이명재
    • 대한토목학회논문집
    • /
    • 제29권5A호
    • /
    • pp.467-475
    • /
    • 2009
  • 기존의 연구들은 댐퍼만에 의한 부가감쇠비의 Universal Curve만을 제공하였기 때문에 실무에서는 케이블의 구조감쇠 및 공기역학적감쇠와 같은 자체감쇠를 독립적으로 고려하곤 한다. 즉, 케이블에 발생하는 자체감쇠비와 댐퍼에 의해 부여되는 Universal Curve로부터 얻은 부가감쇠비를 산술적으로 합하여 케이블-댐퍼 시스템의 전체감쇠비를 결정해 왔다. 하지만 이러한 선형조합 접근법은 이론적인 근거가 미약하며 관련된 연구도 찾아볼 수 없는 실정이므로 이에 관한 유효성을 검증해 볼 필요가 있다. 이것을 위해 본 연구에서는 자체감쇠를 고려한 전체감쇠비 해석법을 개발하여 정해를 제시하고 이것을 기존의 선형조합 접근법에 의해 얻어진 전체감쇠비와 비교하여 선형조합 접근법의 유효성 여부를 검증하였다. 본 연구의 결과에 의하면, 강성은 작고 최적감쇠계수와 비슷한 감쇠계수를 갖는 댐퍼가 지점에서 가깝게 설치되어 있으며, 케이블의 진동이 저차 모드 위주로 발생하고 케이블의 자체감쇠가 크지 않은 일반적인 풍환경에서는 기존의 연구그룹에서 제시하는 연구결과나 선형조합 접근법을 적용하는 것에 무리가 따르지 않는다. 하지만 외부댐퍼나 예기치 못한 고차 진동모드의 발생, 강성이 큰 댐퍼가 사용되는 경우에는 본 연구를 적용하는 것이 바람직한 것으로 나타났다. 본 연구는 케이블의 자체감쇠를 고려한 전체감쇠비의 정해를 제시하고 이것을 토대로 선형조합 접근법에 대한 적용근거를 제시하였다는 점에서 의미를 찾을 수 있다. 차후 본 연구를 발전시켜 공기역학적감쇠에 대응하는 최적감쇠계수를 실시간으로 제시할 수 있게 된다면 MR(Magneto-rheological) 댐퍼와 같은 준능동 댐퍼의 케이블-댐퍼 시스템 제어의 중요한 알고리즘이 될 것으로 기대된다.

Automated Supervision of Data Production - Managing the Creation of Statistical Reports on Periodic Data

  • Schanzenberger, Anja;Lawrence, D.R.
    • 한국디지털정책학회:학술대회논문집
    • /
    • 한국디지털정책학회 2004년도 International Conference on Digital Policy & Management
    • /
    • pp.39-53
    • /
    • 2004
  • Data production systems are generally very large, distributed and complex systems used for creating advanced (mainly statistical) reports. Typically, data is gathered periodically and then subsequently aggregated and separated during numerous production steps. These production steps are arranged in a specific sequence (workflow or production chain), and can be located worldwide. Today, a need for improving and automating methods of supervision for data production systems has been recognized. Supervision in this context entails planning, monitoring and controlling data production. Two significant approaches are introduced here for improving this supervision. The first is a 'closely-coupledd' approach (meaning direct communication between production jobs and supervisory tool, informing the supervisory tod immediately about delays in production) - based upon traditional production planning methods typically used for manufacturing (goods) and adopted for working with data production. The second is a 'loosely-coupled' approach (meaning no direct communication between supervisory tool and production jobs is used) - having its origins in proven traditional project management. The supervisory tool just enquires continuously the progress of production. In both cases, dates, costs, resources, and system health information is made available to management. production operators and administrators to support a timely and smooth production of periodic data. Both approaches are theoretically described and compared. The main finding is that, both are useful, but in different cases. The main advantages of the closely coupled approach are the large production optimisation potential and a production overview in form of a job execution plan, whereas the loosely coupled method mainly supports unhindered job execution and offers a sophisticated production overview in form of a milestone schedule. Ideas for further research include investigation of other potential approaches and theoretical and practical comparison.

  • PDF

경상북도 장애인편의시설설치촉진사업 성과관리 평가지표 개발연구: 논리모형을 적용하여 (Developing a Performance Measurement Index of Convenient Facilities Facilitation Project for People with Disabilities in Gyeongsangbukdo: Application of Logic Model)

  • 송인욱;원서진;김동화
    • 한국콘텐츠학회논문지
    • /
    • 제19권5호
    • /
    • pp.115-127
    • /
    • 2019
  • 본 연구는 지방자치단체가 수행하는 다양한 보조사업 중 장애인편의시설설치촉진사업에서 효과적이고 효율적인 성과관리 평가체계구축의 필요성과 실효성에 대해 논의하였다. 이와 함께 사회서비스 영역에서 성과평가시스템을 도입하면서 논리적 구조로 활용되는 논리모형을 적용하여 사회복지시설평가영역에 포함되지 않는 장애인편의시설설치촉진사업의 성과관리 평가지표를 개발함을 목적으로 한다. 이를 위해 문헌검토와 초점집단인터뷰를 통해 성과관리 평가지표를 개발하고 시범평가를 통해 평가지표의 타당성 및 평가용이성 분석을 실시한 후, 시범평가결과를 바탕으로 현장의견조사 및 전문가를 통한 타당성 검토를 진행하여 최종지표를 개발하였다. 최종 개발된 평가지표는 전체 8개 영역, 39개 문항으로 구성되었다. 장애인편의시설설치촉진사업 성과관리 평가체계 구축을 통해 장애인편의시설설치촉진사업 전반의 합리화를 추구하고자 하였으며, 본 연구에서 제시된 성과관리 평가지표의 개념틀과 평가접근 방식은 공공부문의 다양한 사회서비스 유형과 특성에 적합하게 활용될 수 있을 것이다.

DSM 기법에 따른 안전 관리를 통한 차상중심 열차제어시스템 개발 프로세스의 개선에 관한 연구 (On Enhancing Train-Centric Train Control System Development Process using DSM-based Safety Management)

  • 김주욱;오세찬;한석윤;김영민;심상현
    • 산업경영시스템학회지
    • /
    • 제39권3호
    • /
    • pp.129-138
    • /
    • 2016
  • The train-centric control systems development has some distinct points in that a big size of government budget is in general expended in there and the development duration seems to be long. In addition, the changes are ever made continuously in the capability and operational requirements for Trains. Thus, the impact of the potential changes in the required operational capability on the development activities can induce some type of project risks [7]. As such, proper management of project risk has been one of crucial subjects in the train systems development. All these notes combined together make it the significance of the safety management process be raised further up in the train-centric control systems development. As such, the underlying safety management process should be capable of appropriately handling the potential risks that can be created due to the unexpected changes and the long-term development period. The process should also be complemented for the safety consideration of train-centric control systems, for instance, stop. To study these aspect is the objective of the paper. To do so, a step-by-step approach to analyzing the safety management process is first presented. Then, to enhance the process some necessary and useful activities are added in terms of risk and safety management. Then, to pursue some enhancement on the process, a set of necessary and useful activities are added in terms of risk and safety management. The resultant process is further analyzed and tailored using a design structure matrix method. The resultant process is applied in a train-centric control development as a case study.

패시브 건축디자인기법에 의한 친환경 공공도서관 건축설계 - 세종시립도서관 계획안을 중심으로 - (The Design of Eco-friendly Public Library by Applying Passive Architectural Design Techniques - Focused on the Sejong Municipal Public Library -)

  • 박열;최진희
    • 교육시설 논문지
    • /
    • 제26권4호
    • /
    • pp.27-34
    • /
    • 2019
  • Recently the architectural paradigm have been changing into eco-friendly architecture as an sustainable architecture. This social background encourages the development of various methods of building applicable for eco-friendly buildings in architectural design. Among them, passive architecture is an design approach for eco-friendly design that contrasts with technology-based methods through MEP for renewable energy. This study researches the Passive Architectural Design methodology with two points of view; Passive Architectural Design Techniques as a guideline, which defines the elements to consider for passive architecture, and the project of Sejong Municipal Public Library as a case, which is to analysis the architectural design process. The purpose of this study is to propose an eco-friendly public building based on the methodology which is suitable for passive architectural design. Finally, this study suggests that the eco-friendly public building design for passive architecture should consider from the early step of design process, such as concept and building form etc. What is important for the passive architecture is not how much building can produce the natural energy but how less building consumes it to maintain.