• Title/Summary/Keyword: Cost impact

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A Comparative Analysis of Environmental Impact Statement before and after Public Participation (주민참여제도를 전후한 환경영향평가서의 비교분석)

  • Bang, Kyu-Chul;Han, Eui-Jung
    • Journal of Environmental Impact Assessment
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    • v.4 no.2
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    • pp.151-156
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    • 1995
  • Public participation in Environmental Impact Assessment (EIA) process has been implemented since the introduction of EIA project on August 1 1991, followed with Environmental Policy Act promulgation on August 1 1990. Though public participation has room for improvement. This study compared before and after the introduction of public participation on EIS preparation cost, project cost, EIS preparation term and project term through 293 EISs analysis. Also public opinions in EIS after introduction of public participation were analyzed. The results are expected to be contributed to the system improvement of public participation.

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Management in the EPC Business for Overseas Power Plant Projects (해외 발전플랜트 EPC 사업의 리스크 분석 및 관리방안)

  • Park, Euiseung;Yoo, Hoseon;Lee, Jae-Heon
    • Plant Journal
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    • v.7 no.3
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    • pp.48-64
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    • 2011
  • In this work, risks in EPC project for overseas power plant projects are analyzed and risk management methods are suggested to reduce cost and to shorten time. 79% of risks occurred in the engineering phase for S project located in South-East Asia. The impact scales of risks on major project objectives which are cost, time, scope, and quality are analyzed as 3.5, 3.8, 2.7, and 3.7, respectively. The level of impact scales is very similar to each other except the impact scale of scope. The risk management methods suggested in this study have to be applied at the appropriate time to manage risks effectively. After that, risks are managed continuously by monitoring.

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A Study on Cost-Benefit Analysis of Noise Control Facilities using Road Traffic Noise Map (도로교통 소음지도를 이용한 소음저감시설의 비용 / 효과 분석방법 연구)

  • Kim, Ji-Yoon;Park, Sang-Kyu
    • Proceedings of the Korean Society for Noise and Vibration Engineering Conference
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    • 2008.11a
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    • pp.303-310
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    • 2008
  • In Korea, the current noise impact assessment has not yet considered the vertical noise propagation property by buildings and other obstacles. And noise control plan has been established without conducting the economic assessment for the noise control facilities. A noise map is used to calculate the noise level based on a theoretical formula or an empirical formula, and also predict the characteristics of vertical propagation by linking with a geometry data. And It is Possible to analyze cost-effect of noise control facilities by consider installation costs. In this study, we addressed the application of noise map for noise impact assessment and cost-effect analysis of noise control facilities.

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Application of Risk Analysis for Economic Evaluation of Railroad Investments (위험도 분석을 이용한 철도투자사업 경제성평가 적용방안)

  • Lee, Ho;Suh, Sun-Duck
    • Proceedings of the KSR Conference
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    • 2001.05a
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    • pp.44-51
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    • 2001
  • To account for uncertainties involved in an economic analysis of project, sensitivity analysis are usually being done in Korea. Though useful for policy analysis, but it larks explicit consideration of probability of occurring certain events considered in the sensitivity analysis. Risk analysis otherwise can explicitly account for the probability of certain event which has dire impact on project viability, such as cost, discount rate, and size of benefit. This paper reports experience of applying risk analysis method for economic evaluation of railroad investment. Probability distribution of event has paramount impact on the risk analysis results, while not many prior researches dealt with these issues. Probability distribution of rolling stock cost and operating cost, in addition to those cost variables, are developed considering railway demand in this study. Case study results are reported. Issues in applying risk analysis are reported in addition to further research direction.

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Analysis of Economical efficiency for renewable energy in Steam Power Plant (신재생에너지 적용에 따른 화력발전 경제성분석)

  • Choi, Kyoung-Sik
    • Journal of Environmental Impact Assessment
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    • v.23 no.1
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    • pp.11-17
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    • 2014
  • Since the Renewable Portfolio Standard (RPS) would be started in 2012, the use of renewable energy should be 11% of total energy use including bio-fuel in 2030. The economic efficiency for renewable energy in B power plant was considered with the bio-diesel, wind power and solar power. The Net Present Value (NPV) and Benefit/Cost Ratio(BC) were used for the economic efficiency with the cost and benefit analysis. In case of bio-diesel, the cost resulted from the fuel conversion and the benefit would be created with trade and environmental improvement. With regard to wind power and solar power, the construction cost would be required and benefit factors would be same as the bio-diesel. The wind power was the best of economic efficiency of renewable energy as the results of NPV and BC ratio. Whereas, the market of wind power was very popular and the techniques of wind power has been developing rapidly.

The efforts always will get gains? Risk perception of turnover and cost of changing job affect employee turnover: Evidence from Korea

  • Li, Liang;Elaydi, Salma;Shin, Geon-Cheol;Wei, Kaikai
    • Asia Pacific Journal of Business Review
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    • v.5 no.2
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    • pp.1-18
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    • 2021
  • This present study investigatesed the impact of the team innovation-oriented human resource management (HRM) practices on employees' turnover intention among financial, pharmaceuticals, distribution, and manufacturing industries in Korea. Furthermore, we explored whether risk perception of turnover and the cost of changing job would mediate the relationship between team innovation-oriented human resource management practices with employees' turnover intention in different industries in Korea. To that end, PLS structural equation modeling was used to exam the research hypothesis. We have found that team innovation-oriented HRM practices have a significant impact on employees' turnover intention. Moreover, we have discovered risk perception of turnover and the switching cost of changing job playing mediating role in the relationship of team innovation-oriented HRM practices with turnover intention among different type of industries employee. Lastly, the theoretical implications were discussed based on these findings.

A Benefit-Cost Analysis on the DSM Programs Part I (DSM 프로그램의 비용효과 분석 I)

  • Hwang, Sung-Wook;Kim, Bal-Ho;Kim, Jung-Hoon;Park, Jong-Bae
    • Proceedings of the KIEE Conference
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    • 2000.11a
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    • pp.46-48
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    • 2000
  • This paper presents an approach to B/C analysis amenable to evaluate the impact of DSM programs especially on the strategic conservation programs and the load management programs. The proposed approach embedding the existing B/C analyses is applicable to the new electricity market Case studies show the B/C ratio and the avoided cost due to the impact of DSM programs.

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A Benefit-Cost Analysis on the DSM Programs Part II (DSM 프로그램의 비용효과 분석 II)

  • Park, Jong-Bae;Kim, Jin-Ho;Hwang, Sung-Wook;Kim, Bal-Ho
    • Proceedings of the KIEE Conference
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    • 2000.11a
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    • pp.190-192
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    • 2000
  • This paper presents an approach to B/C analysis amenable to evaluate the impact of DSM programs especially on the strategic conservation programs and the load management programs. The proposed approach embedding the existing B/C analyses is applicable to the new electricity market. Case studies show the B/C ratio and the avoided cost due to the impact of DSM programs.

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Study on Critical Impact Point for a SB2 Class Flexible Barrier (SB2등급 연성베리어의 충돌지점(CIP)에 대한 연구)

  • Heo, Yeon Hee;Kim, Yong Guk;Ko, Man Gi;Kim, Kee Dong
    • International Journal of Highway Engineering
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    • v.15 no.4
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    • pp.127-133
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    • 2013
  • PURPOSES : The impact performance of flexible barrier system such as structural response, vehicular motion and occupant safety vary depending on the impact point. Thus, to properly evaluate the performance of a flexible barrier system, impact should be made to a point which will lead to the worst possible results. This point is called the Critical Impact Point (CIP). This paper presents the way to determine the CIP for a SB2 class flexible barrier system which is consisted of Thrie-Beam rail and circular hollow tube post of 2m span. METHODS: Barrier VII simulations were made for impact points; Case 1 at a post, Case 2 at 1/3 span downstream from a post, Case 3 at middle of the span, Case 4 at 2/3 span downstream from a post. For the structural performance (deflections), impact simulation of 8000kg-65km/h-15degree was used, and for vehicle motion and occupant safety, simulation of 1300kg-80km/h-20degree impact was made and analysed. RESULTS: Case 1 gave the largest dynamic deflection of 75.72cm and also gave the largest snag value of 44.3cm. Occupant safety and exit angle of the vehicle after the impact were not sensitive to the impact point and were all below the allowable limit. CONCLUSIONS : For the SB2 class flexible barrier system's CIP can be regarded as a post which is sufficiently away from the end of Length of Need in order to avoid the end-effect of the barrier system. It can be more economic in the long run because the normal concrete pavement material is likely to cost more due to higher probability of maintenance and repair and higher social cost due to traffic accident, etc.

Theoretical Reflections on the Calculation of Development Impact Fees (도시개발부담금 산정에 관한 이론적 고찰)

  • Yeon-Taek Ryu
    • Journal of the Economic Geographical Society of Korea
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    • v.26 no.1
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    • pp.55-71
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    • 2023
  • This paper theoretically explores the calculation of development impact fees focusing on urban growth, new urban development, developer, urban planner, housing, real estate market, community planning, community financing, local government, land use planning, public facilities, and development cost. Many questions related to who bears the burden of paying impact fees beg for answers based on empirical analysis. Those questions involve the extent to which landowners bear the burden, the effect of different levels of impact fees on the socioeconomic mix of communities, the distribution of fiscal benefits within a region where urban communities assess different levels of impact fees, and the preparedness of urban communities to accommodate development displaced by impact fees. Broader questions also relate to how urban and regional form is affected by differential application of impact fees throughout an area and whether money gained from the impact fees makes regional growth more or less efficient. Who ultimately pays development impact fees? There has been little empirical evaluation of how the market responds to development impact fees, but there is considerable information to suggest that, on the whole, the occupants - residents and users - pay the majority of the development impact fees.