• Title/Summary/Keyword: Construction business indicators

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A Study on Development of Digital Curation Maturity Models and Indicators: Focusing on KISTI (디지털 큐레이션 성숙도 모델 및 지표 개발에 관한 연구: 한국과학기술정보연구원 디지털큐레이션센터를 중심으로)

  • Seonghun, Kim;Suelki, Do;Sangeun, Han;Jayhoon, Kim;Seokjong, Lim;Jinho, Park
    • Journal of the Korean Society for information Management
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    • v.39 no.4
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    • pp.269-306
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    • 2022
  • This study aimed to develop indicators that can measure the digital transformation performance of science and technology information construction and sharing systems by utilizing the Digital Curation Maturity Models. For digital transformation, it is necessary to consider not only simple service improvement but also organizational and business changes. In this study, we aimed to develop a model for measuring the digital transformation of KISTI, Korea's representative science and technology information service organization. KISTI has already carried out BPR work for digital transformation and borrowed the concept of a maturity model. However, in BPR, there is no method to measure the result. Therefore, in this paper, we developed an index to measure digital transformation based on the maturity model. Indicator development was carried out in two ways: model development and evaluation. Cases for model construction were made through a comprehensive review of existing KISTI and various domestic and foreign cases. The models before verification were technology (37), data (45), strategy (18), organization (36), and (social)influence (14) based on the major categories. After verification using confirmatory factor analysis, the model is classified as technology (20 / 17 indicators dropped), data (36 / 9 indicators dropped), strategy (18 / maintenance), organization(30 / 6 indicators dropped), and (social) influence (13 indicators / 1 indicator dropped).

Conceptual Framework for Pattern-Based Real-Time Trading System using Genetic Algorithm (유전알고리즘 활용한 실시간 패턴 트레이딩 시스템 프레임워크)

  • Lee, Suk-Jun;Jeong, Suk-Jae
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.36 no.4
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    • pp.123-129
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    • 2013
  • The aim of this study is to design an intelligent pattern-based real-time trading system (PRTS) using rough set analysis of technical indicators, dynamic time warping (DTW), and genetic algorithm in stock futures market. Rough set is well known as a data-mining tool for extracting trading rules from huge data sets such as real-time data sets, and a technical indicator is used for the construction of the data sets. To measure similarity of patterns, DTW is used over a given period. Through an empirical study, we identify the ideal performances that were profitable in various market conditions.

Issues and Misconceptions of Financial Inclusion Indices: Evidences from Selected Asian Economies

  • ALI, Jamshed;KHAN, Muhammad Arshad;KHAN, Usman Shaukat;WADOOD, Misbah
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.12
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    • pp.363-370
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    • 2021
  • This study aims to revisit the issues and misconceptions about financial inclusion (FI) indices. For indices construction, this study uses two approaches: one approach following the methodology of Sarma (2008) which is based on UNDP methodology, while the other is the Dynamic Factor Model (DFM)-based index of Stock and Watson (2002) and Rehman et al. (2021). The data of 18 economies of Asia from 1997 till 2017 is used for indices construction and analysis. The authors constructed macro and micro-level financial inclusion indices based on the different types of financial inclusion indicators. Second, the authors have critically evaluated two different approaches, and the results show that Sarma (2008)-based index show financial inclusion's level, while DFM-based index reveal fluctuation in the current year's financial inclusion level due to the prior variations. For measuring the level of financial inclusion, the Sarma (2008) index is effective, while for forecasting the level of financial inclusion, the DFM approach is more appropriate. Furthermore, the micro and macro aspects of financial inclusion should be reflected in separate indices for better understanding and in-depth insights.

The study on estimating the coefficients of factors affecting business closure and exploring their geographic variations: The case of Chungnam Province (사업체 폐업 요인의 영향력 추정 및 지역적 편차 탐색에 관한 연구: 충남지역을 사례로)

  • Lee, Gyeong Ju;Im, Jun Hong
    • Land and Housing Review
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    • v.11 no.1
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    • pp.79-86
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    • 2020
  • The number of business closure is one of key indicators diagnosing the status of local economy. The increases in closure are attributed to various endogenous/exogenous factors such as decreases in sales of stores, decline of local market, deterioration of global financial condition, but it is not trivial task to figure out the cause and effect mechanism among variables. The effects of those factors are expected to show geographical variations, which the empirical analysis results in this study presented. As such, the objective of this study is to estimate the effects of variables on increase in the number of business closure and examine the distributional properties of the geographic variations of the effects among spatial units of analysis. To this end, GWR (Geographically Weighted Regression) model was utilized to draw empirical analysis outcomes. It is expected that the outcomes of the sort in this research may be useful in aiding decision-making process of drafting locality-specific policies and/or deciding where to prioritize the limited public resources available.

A Study on the Factors for Strengthening Competitiveness of CM Projects based on Balanced Score Card (BSC기반 건설사업관리프로젝트 수주역량요인 연구)

  • Beak, Nak Kyu;Lee, Dong Heon;Lim, Hyoung Chul
    • Korean Journal of Construction Engineering and Management
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    • v.20 no.6
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    • pp.74-80
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    • 2019
  • In domestic construction industry, CM companies perform overall project management tasks such as planning, designing, construction management, evaluation, maintenance for construction projects. However, even with these tasks, as competition becomes more fierce and probability dependence is high, lots of CM companies are experiencing difficulties of securing and preparing indicators for order competence reinforcement. This study examines domestic business condition and task analysis. Also Competence factors are derived through institutional and legal investigation, and review of existing literature. The derived competence factors are focused on practical factors by interviewing with experts. competence factors for each type were classified into BSC's four perspectives(Finance / Customers / Internal processes / Learning and Growth) and surveyed. Based on the results of the survey, the priorities of competence factors that companies should focus on were derived. The purpose of this study is to contribute on making an indicator that can be utilized on business activities through priority analysis of competence factors for order competitiveness reinforcement of CM companies.

Development of Criteria and Indicators for Forest Management Certification in Korea (한국형 산림경영인증 기준과 지표의 개발)

  • Shin, Hye-Jin;Kim, Eui-Gyeong;Yoo, Byoung-Il;Seo, Jeong-Won
    • Journal of Korean Society of Forest Science
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    • v.99 no.1
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    • pp.24-35
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    • 2010
  • This paper aims to contribute to the introduction of forest certification (a private enterprise) in Korea by developing C&I with consideration of the Korean forestry situation. For this study, 6 attributes for establishing certification system at FMU level was applied. To weigh relative importance of international organization's assortment and indicators, AHP survey was conducted to each experts in political, ecological, social, and economic field. By the experts attending FSC's auditing process, indicators adopted through AHP survey were inspected again for the realistic application in the fields. In this process, the typical environment of Korean forestry in real aspect and problems in FSC system were reaffirmed. Therefore, 7 criteria, 27 indicators and 92 checklists were finally developed for the construction of forest certification based on the results of AHP surveys and from investigation on the realistic situation in the fields.

The Life Expectancy Making Model for Construction Equipment (건설장비 수명결정 모델)

  • Lee, Yongsu;Kim, Cheol Min
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.32 no.5D
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    • pp.453-461
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    • 2012
  • Life analysis is conducted for economic analysis of equipment or facilities. The purpose of life analysis is to predict future indicators for scrapping construction equipment, and establish and utilize a wide variety of business strategies according to data predictions. First, this study shows the methods to figure out average life, life expectancy and life prediction of construction equipment and the analysis of life making methods, using survival curves. Second, the study proposes and examines the life expectancy making model depending on revenues and expenses. The result of the study reveals that the economic life of the same equipment varies with expenses, revenues and the initial cost. The life expectancy making model for construction equipment reflects respective management status for equipment and will help efficient management for companies.

Proposed a Checklist for the Classification of Construction Business Model by Utilizing the Price Influence Factors and the Construction Regulation - As Focus on Aged Public Rental Apartment - (가격영향요인과 건설제도를 활용한 건설사업 유형분류 체크리스트 제안 - 노후공공임대주택 중심으로 -)

  • Park, Seongsik;Bae, Byungyun
    • Korean Journal of Construction Engineering and Management
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    • v.20 no.6
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    • pp.132-141
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    • 2019
  • 1990s, Construction market continued to grow in South Korea exceeding 20% of GDP. In 2015, more than 30 years of old multi-family dwellings amounted to 4.93 million and it continues to increase until 2019. In Particular, the share of Public rental Housing accounts for 90.6% of South Korea's Total aging housing. Before checking the feasibility of Construction Project Management such as Renovation and Reconstruction, Checklists were presented through price impact factor analysis and analysis of housing construction system(Regulation). Based on 32 Price Influencing factors and 20 Indicators based on the housing construction system The Construction project management seems appropriate. As a result, the 22 complexes were found to be suitable for remodeling. This study is meaningful enough to be used for Domestic rental Housing construction and Construction project management and to suggest specificity. Future Research is needed to Quantify the checklist.

Investigation of Key Factors to measure on-site Performance of a Construction firm

  • Lee, Young-Dai;Kim, Jung-Ki;Acharya, Nirmal Kumar
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.6
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    • pp.246-262
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    • 2007
  • The performance of projects has always been an area of interest in the construction industry. Roles of all construction supply chain partners are necessary; however the role of a contractor firm in the construction project is pivotal. So, this research intended to explore a Construction Firm's performance criteria which could measure the level of performance of that firm in an ongoing project. Data was collected from construction professionals working in three principal project participant organizations, namely Owner, Consultant and Contractor. A total of 113 nos. of performance measuring items were sorted from literature review and used to collect data. Statistical tools processed by SPSS program was employed to analyze the data. Out of total 113 items, only 65 nos. of variables were found to be acceptable to every population group of this study. Factor analysis revealed 12 key performance predicting factors (KPPF) with 53 predictive indicators. 12 KPPFS with index weight are: work progress and smoothening (9.3%), change order management and work accuracy (9.1%), business relationship building (8.1%), adequacy of construction work procedure (8.6%), quality performance (8.0%), health and site safety adequacy (8.8%), Innovative contractor (8.0%), adequacy of construction site information (6.8%), compliance with contract plan/specification requirements (8.9%), creditworthiness and financial capability (8.3%), intra-agency relationship and responsiveness (7.0%) and resource management (9.2%). These results could be useful to project management body to evaluate performance of its contractor firm on site as well as the contractor itself to assess own performance and its subcontractors on-site.

Establishing Evaluation Indicator for Agricultural Utilization of Idle Farmlands and Field Application (유휴농지 농업적 활용 평가지표 설정 및 현장적용)

  • Kim, Kyoung-Chan;Park, Chang-Won;Cho, Seok-Ho;Choi, Jin-Gyu;Yoon, Seong-Soo;Son, Yong-Hoon
    • Journal of Korean Society of Rural Planning
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    • v.20 no.2
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    • pp.127-137
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    • 2014
  • Self-sufficiency rate of food in South Korea is almost at the lowest level among OECD countries, and the decrease tend of farmland is expected to be continued. In this situation, the government has been revised the target self-sufficiency rate of food, and carried forward various policies in order to achieve it. One of those policies is the restoration business of idle farmland which is planned to carry forward after 2015. This study set up indicators evaluating effective use of idle farmland, and tried to apply in the field before carrying forward restoration business. The result of this study may be summarized as follows. First of all, it reset an evaluation indicator that was based on the evaluation indicator developed in order to set application directions of idle farmland. Next, it selected 30 idle farmlands with reset evaluation indicator among 11,635 which were inspected nationwide in 2012. Before applying indicator, it measured the condition of recycling such as accessibility of farmland, condition of irrigation and drainage system, land state, and surroundings by field investigation. Then, it calculated composite score in each target area through applying indicators, and verified the indicator by comparing calculated result with the one which was decided from field investigation. Finally, it carried out field investigation, correct and upgrade some problems of the standard of score calculation that was found during applying previously set evaluation indicator to target area, and established the final standard of calculation for evaluation indicator.