• Title/Summary/Keyword: Cost impact

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The Effects of Residents' Perceptions of Tourism Impact and Conflicts on Residents' Participation in Rural Tourism Village (농촌관광마을사업에 대한 관광영향 지각 및 갈등이 주민참여에 미치는 영향)

  • Joo, Young-Min;Park, Duk-Byeong
    • Journal of Agricultural Extension & Community Development
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    • v.15 no.4
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    • pp.577-597
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    • 2008
  • The purpose of this study is to examine the effects of residents' perceptions of tourism impact and conflicts on residents' participation in rural tourism village. Method of analysis involves factor analysis and regression analysis in this study. In order to measure the level of perception, three factors(economic benefits, social benefits, social and environmental cost) are derived from the factor analysis. And also in order to measure the level of conflict, two factor(openness of information, leading of operation) are derive from the factor analysis. The result of regression analysis indicate that perceived economic benefits and social benefits are rather greater impacts on residents' participation than social and environmental cost, and also openness of information is rather greater impacts on residents' participation than leading of operation.

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Analysis of the Impact of Construction Planning Tasks on Project Cost and Schedule Success in Residential Projects (공동주택 설비공사 계획업무의 성과지표에 미치는 영향분석)

  • Kim, Dae Young;Lim, Hyoungchul;Kim, Daeyoung;Huh, Youngki
    • Korean Journal of Construction Engineering and Management
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    • v.20 no.3
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    • pp.31-38
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    • 2019
  • The main purpose of this study is to analyze the impact of the cost estimates on the construction work in residential apartment housing facilities. The planning work of facility construction is roughly divided into five main tasks which are further broken down into the following: process plan (P1-P6), construction plan (C1-C5), environmental management plan (E1-E4), quality management plan (Q1-Q5) and the safety management plan (S1-S5). In this study these tasks were classified into 25 detailed planning duties and a statistical analysis was performed on each one to determine its impact on cost. Finally this study derives from major planning tasks for effective cost management through correlation between planning tasks, cost indicators and t-test.

An Exploratory Study of EVMS Environment Factors and their Impact on Cost Performance for Construction and Environmental Projects

  • Aramali, Vartenie;Sanboskani, Hala;G. Edward Jr., Gibson;Asmar, Mounir El
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.170-178
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    • 2022
  • A high-performing Earned Value Management System (EVMS) can influence project success and help stakeholders meet project objectives. Although EVMS processes are well-supported by technical guidelines and standards, project managers often face challenges related to the project culture, team, resources, and business practices that make up the project environment within which an EVMS is being used. A comprehensive literature review revealed a lack of a data-driven and consistent assessment frameworks that can gauge the environment surrounding EVMS implementation. This paper will discuss the EVMS environment of construction and environmental projects, and examine its impact on cost performance. The authors used a multi-method approach to identify 27 environment factors that make up the EVMS environment, assessing them on 18 construction and environmental projects worth over $2 billion of total cost. Research methods employed include: (1) a literature review of more than 300 references; (2) a survey of 294 respondents; and (3) remote research charrettes with more than 60 participating expert practitioners. Culture (one of the identified environment categories) was found to be relatively more important in terms of its impact on the EVMS environment, followed by people, practices, and resources. These exploratory results show statistically significant differences in cost performance between completed projects with either a good or poor environment, for the sample projects. Key environment factors are outlined, and guidance is provided to practitioners around how to set up an effective EVMS environment in a construction or environmental project to inform decision-making and support achieving the project cost objectives successfully.

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The Impact of Import Oil Price Increase on the Cost Structure of the Korean Logistics Industry (수입원유가격의 상승이 국내 물류산업의 비용구조에 미치는 영향분석)

  • Yoon, Jae-Ho;Park, Myong-Sup
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.41
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    • pp.169-183
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    • 2009
  • This study has been conducted under the background of the high rocketed international oil price in the mid of the 2008 year. Korean logistics industry then suffered from a harsh labor strike which paralyzed temporarily Korean exports and imports activities mainly due to the rising motor fuel prices. The theme of this study started from the highly practical question: what would be the impact of the soaring crude oil price on the cost structure of the Korean logistics industry? For this practical question this study conducted an input-output analysis utilizing the 2003 year benchmark input-output table, published by the Bank of Korea in 2007.

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Moderating effect Switching Barrier on Coffee-shop customer Satisfaction and Loyalty (커피전문점에서 전환장벽을 고려한 고객만족과 충성의 관계)

  • Kim, Pan-Su;Han, Jang-Hyeop
    • Proceedings of the Safety Management and Science Conference
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    • 2011.11a
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    • pp.683-694
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    • 2011
  • This study analysed impact of service quality on customer satisfaction and loyalty in the take-out coffee shop. The switching barrier was also studied as a moderating effect. Particularly, this study focused on relationships between customer loyalty and switching barriers. A lot of previous studies interest only in customers satisfaction. This study also analysed relationships among service quality, customer satisfaction, switching barriers and brand loyalty. Eventually, service quality significantly affects customer satisfaction, moderating effects, brand loyalty and marketing performance. SERVQUAL model which was established by PZB (1988) was used as a service quality factors. The impact on customer satisfaction was analysed using multiple regression analysis. Simple regression analysis was used to find effects of customer satisfaction and customer loyalty. Additional factors of switching barriers was classified based on previous studies. Hierarchical multiple regression analysis was used to find factors of customer loyalty among switching barriers. In the result, we can find that the importance of tangibles, responsiveness in service quality factors and contract cost, search cost and continuous cost in moderating effects.

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

  • 오영진;김발호;박종배
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.52 no.9
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    • pp.535-541
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    • 2003
  • Demand Side Management (DSM) activities have been designed to encourage customers to modify their patterns of electricity consumption including the timing and level of electricity demand. The role of DSM has been more and more important in the point of social energy utilization on the limited resources. The objectives of DSM are generally related to load reductions and generation cost savings. This paper presents an approach to B/C analysis to evaluate the impact of DSM programs especially on the strategic conservation 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.

The Social Value of Ham-Pyung Butterfly Festival - Through the Travel Cost Method - (함평나비(대)축제의 사회적 가치 - 여행비용접근법을 바탕으로 -)

  • Lee, Kyoung-Jin;Song, Myung-Gyu
    • Journal of Environmental Impact Assessment
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    • v.22 no.4
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    • pp.291-302
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    • 2013
  • The aim of this study is to assess the social value of Ham-Pyung Butterfly Festival in the year of 2011. The tool for the assesment is the zonal travel cost method. The result of the study can be summed up as follows; First, the average individual consumer's surplus measures approximately from 29,700 to 30,100 Won. Second, the total consumer's surplus, that is the social value of the festival, ranges approximately from 7.6 to 7.7 billion Won. The most beneficiary of the event is turned up to be the people who are living in the outside of Ham-Pyung and go on a tour there. For that reason, the central government looks to have the obligation to support and to sponsor the festival.

Measuring the Impact of Change Orders on Project Performances by Building Type

  • Juarez, Marcus;Kim, Joseph J.
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.179-187
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    • 2022
  • The project performances can be measured in terms of meeting the project schedule, budget, and conformance to functional and technical specifications. Numerous studies have been conducted to examine the causes and effects of change orders for both vertical and horizontal construction, respectively. However, these studies mainly focus on a single project type, so this paper examines the impact of change order for cost growth and schedule overruns using four different building types to close the gap in the change order research area. A total of 211 building projects are collected from four building types: healthcare, residential, office, and education. Statistical analyses using ANOVA tests and linear regression models are used to examine the created metric $CO/day on the cost and schedule impacts. The results found that mean $CO/day values were not statistically different among building types, and that the sum of change orders is a statistically significant predictor of $CO/day. The results will help project stakeholders mitigate the negative change orders effects can be a challenge for project managers and researchers alike.

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The Effects of Slab Size on Pavement Life Cycle Cost

  • Parsons, Timothy A.;Hall, Jim W.Jr
    • International Journal of Highway Engineering
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    • v.8 no.2 s.28
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    • pp.49-54
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    • 2006
  • The purpose of this study was to determine the effect of expansion joint spacing (slab size) on the life cycle costs of owning Portland Cement Concrete (PCC) airfield pavements. Previous research has shown that slab size has a statistically significant impact on pavement performance. A probabilistic life cycle cost analysis was performed to determine if the effect of slab size on pavement performance would affect the total cost of ownership of PCC pavements. Data from 48 Pavement Condition Index (PCI) inspections of military and civilian airfields were used to develop probability-of-distress-by-condition curves, which were then used to develop probabilistic cost-of-repair-by-condition curves. A present worth life cycle cost analysis was then performed for various slab sizes, using construction costs, rehabilitation costs, and maintenance costs. Maintenance costs were determined by assuming a condition deterioration rate appropriate for each slab size and applying the cost-by-condition curves. The probabilistic cost-of-repair-by-condition curves indicated that smaller slabs are more expensive to repair on a unit cost basis. Life cycle cost analysis showed that larger slabs have a higher total cost of ownership than smaller slabs due to a faster rate of deterioration.

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STATISTICALLY PREPROCESSED DATA BASED PARAMETRIC COST MODEL FOR BUILDING PROJECTS

  • Sae-Hyun Ji;Moonseo Park;Hyun-Soo Lee
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.417-424
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    • 2009
  • For a construction project to progress smoothly, effective cost estimation is vital, particularly in the conceptual and schematic design stages. In these early phases, despite the fact that initial estimates are highly sensitive to changes in project scope, owners require accurate forecasts which reflect their supplying information. Thus, cost estimators need effective estimation strategies. Practically, parametric cost estimates are the most commonly used method in these initial phases, which utilizes historical cost data (Karshenas 1984, Kirkham 2007). Hence, compilation of historical data regarding appropriate cost variance governing parameters is a prime requirement. However, precedent practice of data mining (data preprocessing) for denoising internal errors or abnormal values is needed before compilation. As an effort to deal with this issue, this research proposed a statistical methodology for data preprocessing and verified that data preprocessing has a positive impact on the enhancement of estimate accuracy and stability. Moreover, Statistically Preprocessed data Based Parametric (SPBP) cost models are developed based on multiple regression equations and verified their effectiveness compared with conventional cost models.

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