• The Journal of Asian Finance, Economics and Business
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• 제9권5호
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• pp.355-363
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• 2022

The debt maturity structure has a significant impact on a company's financial situation. Any debt maturity structure decisions substantially impact investment decisions due to changes in capital cost and dividend decisions due to cash flow consequences. This study used the system generalized method of moment (Sys-GMM) to investigate the debt maturity structure of real estate companies listed on the Ho Chi Minh Stock Exchange (HOSE) in the duration from 2008 to 20019. It found that the firm size, liquidity, and tangible assets affected the decision on debt maturity structure. The tangible asset had the most significant impact on the possibility for companies to access long-term loans. This finding revealed that the majority of the real estate companies listed on HOSE borrowed money from banks. Such decisions are most likely affected by the collateral. Another finding of the study is that financial institutions had a major impact on loan maturity structure, whereas the effects of the financial market were negligible. Besides, the real estate companies listed on HOSE seemed not to pay attention to changes in inflation, economic growth, and institutional qualities when deciding on the debt maturity structure.

• 한국수자원학회:학술대회논문집
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• 한국수자원학회 2023년도 학술발표회
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• pp.169-169
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• 2023

Most distributed water is not used effectively due to water loss occurring in pipe networks. These water losses are caused by leakage, typically due to high water pressure to ensure adequate water supply. High water pressure can cause the pipe to burst or develop leaks over time, particularly in an aging network. In order to reduce the amount of leakage and ensure proper water distribution, it is important to apply pressure management. Pressure management aims to maintain a steady and uniform pressure level throughout the network, which can be achieved through various operational schemes. The schemes include: (1) installing a variable speed pump (VSP), (2) introducing district metered area (DMA), and (3) operating pressure-reducing valves (PRV). Applying these approaches requires consideration of various hydraulic, economic, and environmental aspects. Due to the different functions of these approaches and related components, an all-together optimization of these schemes is a complicated task. In order to reduce the optimization complexity, this study recommends a sequential optimization method. With three network operation schemes considered (i.e., VSP, DMA, and PRV), the method explores all the possible combinations of pressure management paths. Through sequential optimization, the best pressure management path can be determined using a multiple-criteria decision analysis (MCDA) to weigh in factors of cost savings, investment, pressure uniformity, and CO₂ emissions. Additionally, the contribution of each scheme to pressure management was also described in the application results.

• 국제학술발표논문집
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• The 3th International Conference on Construction Engineering and Project Management
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• pp.1564-1569
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• 2009

Project managers play a key role in cost, time, and quality of a project. Selection of an appropriate project manager, therefore, is considered as one of the most important decisions in any construction project. It should be noted that most important decision makings are carried out by the project manager throughout the project. Traditionally, project manager selection in construction companies in Iran is through organizing an interview with candidates and selecting the most appropriate choice in accordance with the capabilities, potentials and individual specifications coupled with the requirements of the project. In the same direction, organizing interview on selection of appropriate candidate is usually carried out by senior managers of companies. Determination of the most important criteria for selection of project managers and also identification of significance coefficient of each criterion can highly help senior managers of companies to make sound selection decisions. In this paper, a numerical model has been considered for determination of significance of each criterion, details of which are submitted for selection of project manager in Iranian petrochemical, oil and gas sector companies. For this reason, all criteria- considered by senior managers of the companies under study- are first determined. Then, information obtained through 38 interviews, conducted by senior managers of the mentioned companies while selecting project manager, is analyzed. Significant coefficient of each criterion is calculated through the accumulated data using fuzzy curves method.

• 국제학술발표논문집
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• The 1th International Conference on Construction Engineering and Project Management
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• pp.1150-1153
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• 2005

The orders of Design-Build Delivery System (DBDS) in a large and public construction project have been increasing. Single Source Responsibility (SSR) for design and construction, which contributes to quality improvement of design and construction, has been performed. The DBDS performs SSR for design and construction, but, it has not maximized effect because of the dissatisfied alternative analysis procedures which are based on constructability evaluation and the information system in the design step. In this research, Constructability Evaluation Factors (CEFs) that must be evaluated, investigated, and reflected in the basic design step for design-build projects. The CEF proposed and the business process of each conductor has been systematized. To propose constructability evaluation factors, first classify drawing information by the constructability evaluation sphere. CEFs must be proposed to evaluate factors according to interference among work items. Second, applicable CEFs must be classified by preference ranking and weight. Third, the values of constructability factors in accordance with building elements and work items, need to be calculated. Finally, the CEFs proposal will support rational decision making, design cost reduction, and quality improvement through the values for constructability of building elements and work items.

• 국제학술발표논문집
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• The 9th International Conference on Construction Engineering and Project Management
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• pp.25-32
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• 2022

As a project delivery method, Design-Build (DB) has provided owner, architect, and contractor groups with a process of early design and rapid construction for the past three decades. Although there are many benefits to using standard DB, dissatisfaction has arisen due to limitations to innovate, limited owner involvement during design, and often lengthy procurement. Progressive Design-Build (PDB) has become an appealing alternative providing benefits not seen with standard DB. This paper investigates how PDB impacts a project and how it compares against standard DB; it also presents a proposed framework for evaluating the owner's responsibility and assessment of a project, which we named the "Four Pillars of Project Success". The four pillars are defined with respect to an owner's responsibility and assessment of a project, including project predictability, project risk, project schedule, and project cost. We conducted a literature review, examined several public project case studies, analyzed PDB project information collected by the Design-Build Institute of America (DBIA), and held stakeholder interviews with owners, contractors, and architects who have used both PDB and standard DB. This paper offers insight into PDB's structure and outcomes so an owner group can make an informed decision when considering PDB as their next construction contracting method.

• KSII Transactions on Internet and Information Systems (TIIS)
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• 제17권4호
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• pp.1276-1295
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• 2023

Sensor networks are now an essential aspect of wireless communication, especially with the introduction of new gadgets and protocols. Their ability to be deployed anywhere, especially where human presence is undesirable, makes them perfect choices for remote observation and control. Despite their vast range of applications from home to hostile territory monitoring, limited battery power remains a limiting factor in their efficacy. To analyze and transmit data, it requires intelligent use of available battery power. Several studies have established effective routing algorithms based on clustering. However, choosing optimal cluster heads and similarity measures for clustering significantly increases computing time and cost. This work proposes and implements a simple two-phase technique of route creation and maintenance to ensure route reliability by employing nature-inspired ant colony optimization followed by the fuzzy decision engine (FDE). Benchmark methods such as PSO, ACO and GWO are compared with the proposed HRCM's performance. The objective has been focused towards establishing the superiority of proposed work amongst existing optimization methods in a standalone configuration. An average of 15% improvement in energy consumption followed by 12% improvement in latency reduction is observed in proposed hybrid model over standalone optimization methods.

• 한국컴퓨터정보학회논문지
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• 제14권7호
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• pp.1-8
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• 2009

본 연구에서는 소프트웨어 제품을 개발하여 테스팅을 거친 후 사용자에게 인도하는 시기를 결정하는 방출문제에 대하여 연구하였다. 따라서 최적 소프트웨어 방출 정책은 소프트웨어 요구 신뢰도를 만족시키고 소프트웨어 개발 및 유지 총비용을 최소화 시키는 정책을 수용해야 한다. 본 논문에서는 로그포아송 실행시간모형에 대하여 베이지안 모수 추정법(마코브체인 몬테칼로(MCMC) 기법 중에 하나인 깁스 샘플링과 메트로폴리스 알고리즘을 이용한 근사기법)이 사용되었다. 본 논문의 수치적인 예에서는 Musa의 T1 자료를 적용하여 최우수추정법과 베이지안 모수 추정과의 관계를 빅교하고 또한 최적 방출시기를 추정하였다.

• The Journal of Asian Finance, Economics and Business
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• 제9권3호
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• pp.389-397
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• 2022

As the Jordanian government is in the process of implementing accrual-based IPSAS, this study aims to provide academics' perspectives on the effective implementation of accrual-based IPSAS in Jordan to authorities and regulators. The findings of a survey of 124 accounting professors at Jordanian institutions reveal that adopting accrual-based IPSAS will aid in presenting the realistic financial status of governmental bodies, with various advantages to adopting accrual-based IPSAS (e.g., enhance assets and liabilities management, decision-making process, transparency, expenditures management). On the other side, we discovered that change is met with reluctance because the majority of public-sector accountants are untrained and unqualified to apply the accrual-based IPSAS. Another main challenge is the cost of implementing the accrual-based IPSAS in the Jordanian public sector is very high. To address these issues, employees should be motivated by providing suitable training programs, reward systems, and top management support and commitment to a successful transition. Finally, we suggested that Jordanian governments commit to using IPSAS in the public sector to increase residents' socioeconomic advantages. Public sectors should implement IPSASs for improved management, transparency in financial reporting, accountability, and regulatory and supervisory agencies.

• 한국건축시공학회:학술대회논문집
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• 한국건축시공학회 2021년도 봄 학술논문 발표대회
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• pp.321-322
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• 2021

This study is to develop a non-contact construction project management solution that can reduce cost and construction period through on-site information sharing, minimizing contact with others by COVID19, and improving the productivity of the construction industry. Decisions, checklists, and execution rates of construction costs can be checked with smart devices through sharing on-site photos and videos, exchanging opinions. Details and checklist data stored on cloud servers of sites that apply non-face-to-face construction project management solutions will be used as data for analyzing amounts and construction periods depending on the size of the construction. Real-time field information sharing will reduce expected problems and waste factors, expand communication channels with users to prevent or minimize construction disputes and claims, and contribute to the expansion and growth of new research industry markets in construction technology.

• 국제학술발표논문집
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• The 5th International Conference on Construction Engineering and Project Management
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• pp.576-582
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• 2013

Typical highway infrastructure systems include roadway pavement, drainage systems, tunneling, and other hardware components such as guardrails, traffic signs, and lighting. Tunnels in a highway system have provided significant advantages to overcoming various natural challenges including crossing underneath bodies of water or through mountainous areas. While only a few tunnel failure cases have been reported, the failure rate is likely to increase as these assets age and because agencies have not emphasized tunneling asset management. A tunnel system undergoes a deterioration life cycle pattern that is similar to other infrastructure systems. There are very few agencies in the United States implementing comprehensive tunnel asset management programs. While current tunnel asset management programs focus on inspection, maintenance, and operation safety, there is an increasing need for the development of a comprehensive life cycle tunnel asset management program. This paper describes a conceptual framework for a comprehensive tunnel asset management program. The framework consists of three basic phases including a strategic plan, a tactical plan, and an operational plan to provide better information to the decision makers. The strategic plan is a basic long term approach of tunnel asset management. The tactical plan determines specific objectives and the operational plan actually applies asset management objectives in practice. The information includes operational condition, structural condition, efficiency of the system, emergency response, and life cycle cost analysis for tunnel capital improvement project planning.