• Title/Summary/Keyword: Environment Cost

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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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Essay on the Calculation of Appropriate Working Environment Measurement Fees (적정 작업환경측정수수료 산정을 위한 소고)

  • Park, Ji-Yeon
    • Journal of Korean Society of Occupational and Environmental Hygiene
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    • v.31 no.3
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    • pp.274-285
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    • 2021
  • Objectives: The question of whether the level of fees paid to working environment measurement agencies is appropriate has long been a matter of concern to the government. In addition, measurement institutions express dissatisfaction with their level of compensation, which has a great influence on the evaluation of a subject's policy. This study is intended to find a way to appropriately calculate working environment measurement fees. Methods: We looked at the principle of fee determination as a basic theory of fee calculation used in fee calculation, the legal and academic aspects of the general method of fee calculation, and government cost calculation standards. Furthermore, we reviewed the research methods applied so far to derive a method of calculating fees appropriate for this environment. Results: The working environment measurement environment is different from other commission calculation environments. The other environment is to appropriately calculate the service price provided by a monopoly public enterprise, while the situation is to appropriately calculate the fees provided by competitive private enterprises. Therefore, the service delivery environment and the delivery entity are different. In this case, the appropriate method of calculating service fees would be competitive pricing. There have also been many problems under the method of calculation by service cost. Conclusions: First, the working environment measurement fee requires an accounting correction of endogenous variables. Second, the theory of calculating fees appropriate for this situation is appropriate for competitive pricing that applies to private competitors. Third, the government should make efforts to make the service supply market a fully competitive market while ensuring that the service fee level is determined at the marginal cost level. Fourth, economically, research on marginal cost levels is needed.

A STUDY ON BIM-BASED 5D SIMULATION IN WEB ENVIRONMENT

  • Jae-Bok Lim;Jae-Hong Ahn;Ju-Hyung Kim;Jae-Jun Kim
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.169-172
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    • 2013
  • Building Information Modeling (BIM) is an effective decision-making platform that helps to save project cost and enhance quality of construction. By generating and linking a wide variety of objects data, BIM can be effectively utilized, and it should be ensured that object properties maintain consistency throughout the project period of design, estimates, construction, maintenance and repair. This study examined how to utilize BIM data in a construction project, by linking cost and schedule data in web environment, to better utilize the information and maintain consistency of the BIM information. To do so, the model integrated WBS data and CBS data, linked them with BIM model to realize 5D simulation in web environment. As a result, cost and schedule data could be simultaneously acquired, and object properties-cost, schedule, location-as well. These are expected to contribute to developing a BIM-based automatic data-processing system in web environment.

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Suggestion of Allocation Methodology of Environmental Pollution Cost on Multi - Product (복합생산품에 대한 환경오염비용 배분 방법론)

  • Kim, Deok-Jin
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.21 no.5
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    • pp.311-318
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    • 2009
  • In previous study, a new allocation methodology of common cost on multi-product have been suggested. The aim of this study is to suggest the methodology that allocates an environment pollution cost including carbon emission cost to each cost of multi-product. For this study, a supposed multi-energy system composed of twenty kinds of systems was made. The multi-energy system produces eighteen kinds of outputs that are electricity, steam, hot water, chilled water, ice, warm air, and cooling air from seven kinds of energy source that are LNG, coil, geothermal energy, sun heat, hydrogen, bio-mass, and waste. The new methodology was applied to the multi-energy system in order to allocate the environment pollution cost to each production cost, and twenty seven equations were induced. From this result, it is concluded that this methodology can estimate each unit cost and allocate each cost flow in any product of any energy system.

Development of TCA Method for Cost Analysis in Farmhouse (TCA 분석 TOOL 개발과 농가비용 비교분석)

  • Yoon, Sung-Yee
    • Korean Journal of Organic Agriculture
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    • v.12 no.1
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    • pp.23-44
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    • 2004
  • TCA(Total Cost Assessment) can be defined by a tool to evaluate actual profit about investment. Also, It can be used by method to make more reasonable decision-making in business. Enforcement of 'direct payment system' for environment friendship farmhouse of government is spreading recent times. But, it is true that it is no definite standard about appropriation of disbursement amount of money. TCA method can be utilized usefully for solution of these problem. Also, It will help to decide price grasping invisible cost and environment cost. Therefore, We tried that may can apply TCA theory in farmhouse class, and attempted economic performance estimation which use this. This study introduces TCA theory and developed applicable expense list in agriculture field. Also, We applied TCA theory to farmhouse. This theories referenced domestic and th6 foreign countries, connection literature. But, It handled part about invisible cost and social cost etc..

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Business Environment, e-Business Strategy and Performance : An Empirical Study of Venture Firms in Daedeok Valley and Hsinchu Science Park (한.대(韓.臺) 벤처기업의 경영환경, e-비즈니스 전략, 성과간의 관계)

  • Hwang, Kyung-Yun;Moon, Hee-Cheol
    • Journal of Information Technology Applications and Management
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    • v.15 no.1
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    • pp.43-65
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    • 2008
  • This study investigates the effects of business environment on the e-business strategy and performance of venture firms. The development of the research model is based on the empirical studies on the strategy literature. The data from the survey was analyzed using Partial Least Squares(PLS). For Daedeok Valley Venture Firms, product innovation differentiation strategy is affected by environmental uncertainty. And, cost leadership strategy tend to be influence by environmental uncertainty. Finally, venture firm's performance is effected by cost leadership strategy and marketing differentiation strategy. However, for in Hsinchu Science Park Venture Firms, product innovation differentiation strategy is affected by environmental uncertainty and heterogeneity. And, marketing differentiation strategy is enhanced by environment uncertainty and industry growth. In addition, cost leadership strategy tend to be influence by environmental uncertainty and heterogeneity. Finally, venture firm's performance is effected by cost leadership strategy and product innovation differentiation strategy.

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Modeling of Remediation Design in Theoretically Heterogeneous Domain

  • Ko, Nak-Youl;Lee, Kang-Kun
    • Proceedings of the Korean Society of Soil and Groundwater Environment Conference
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    • 2004.09a
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    • pp.302-306
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    • 2004
  • Probabilistic approaches are applied to the problem of groundwater remediation design to consider the risk of design and heterogeneity of real condition. Hydraulic conductivity fields are generated by two methods. First, the homogeneous domains which have the hydraulic conductivity with log-normal distribution are constructed by using Latin Hypercube method. Second, random fields with a certain spatial correlation are also generated. The optimal solutions represented by cumulative distribution function (CDF) of relative cost are calculated by three different manners. The one uses the homogeneous domains with the optimal design of base condition. It shows that ver)'wide range of cost and the influences of different penalty values. The other one uses the random field with same design and shows narrow range of cost. These CDF can reflect on the risk of optimal solution in a simple exampie condition and be effective in estimating the cost of groundwater remediation.

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Designing Cost Effective Open Source System for Bigdata Analysis (빅데이터 분석을 위한 비용효과적 오픈 소스 시스템 설계)

  • Lee, Jong-Hwa;Lee, Hyun-Kyu
    • Knowledge Management Research
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    • v.19 no.1
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    • pp.119-132
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    • 2018
  • Many advanced products and services are emerging in the market thanks to data-based technologies such as Internet (IoT), Big Data, and AI. The construction of a system for data processing under the IoT network environment is not simple in configuration, and has a lot of restrictions due to a high cost for constructing a high performance server environment. Therefore, in this paper, we will design a development environment for large data analysis computing platform using open source with low cost and practicality. Therefore, this study intends to implement a big data processing system using Raspberry Pi, an ultra-small PC environment, and open source API. This big data processing system includes building a portable server system, building a web server for web mining, developing Python IDE classes for crawling, and developing R Libraries for NLP and visualization. Through this research, we will develop a web environment that can control real-time data collection and analysis of web media in a mobile environment and present it as a curriculum for non-IT specialists.

Cost estimation of defense acquisition programs using parametric cost models (파라메트릭 기법에 의한 국방획득사업의 비용추정)

  • Gwon, Yong-Su;Jo, Sang-Yeol
    • 시스템엔지니어링워크숍
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    • s.1
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    • pp.54-59
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    • 2003
  • A parametric cost estimation has a somewhat problem in the application of Korean defence acquisition program environment. In this paper, it is presented the solution suitable in the environment. The analysis is performed to the PRICE model and Korean defense industry cost accounting. Then, the scheme to solve such problems is presented is terms of data management and appropriate for usage.

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A Study on Predicting Construction Cost of Educational Building Project at early stage Using Support Vector Machine Technique (서포트벡터머신을 이용한 교육시설 초기 공사비 예측에 관한 연구)

  • Shin, Jae-Min;Kim, Gwang-Hee
    • The Journal of Sustainable Design and Educational Environment Research
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    • v.11 no.3
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    • pp.46-54
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    • 2012
  • The accuracy of cost estimation at an early stage in school building project is one of the critical factors for successful completion. So various of techniques are developed to predict the construction cost accurately and expeditely. Among the techniques, Support Vector Machine(SVM) has an excellent ability for generalization performance. Therefore, the purpose of this study is to construct the prediction model for construction cost of educational building project using support vector machine technique. And to verify the accuracy of prediction model for construction cost. The performance data used in this study are 217 school building project cost which have been completed from 2004 to 2007 in Gyeonggi-Do, Korea. The result shows that average error rate was 7.48% for SVM prediction model. So using SVM model on predicting construction cost of educational building project will be a considerably effective way at the early project stage.