• Journal of the Korea Safety Management & Science
• /
• v.7 no.2
• /
• pp.95-106
• /
• 2005

Many Korean companies are challenged to reduce logistics cost and meet environmental-friendly logistics. The textile companies in harsh competition are requested to make improvement on their logistics environment to cut down the total cost. However, they have reached the limit on improving the manufacturing process. We believe that the logistics department is the most improvable part at present. Improving logistics will be highly effective to cut down the total cost. In this study, we present Pad Pool System(PPS) as the solution to save their logistics cost. PPS, which means the shared use of Styrofoam pads, will enable the textile companies to cut down their cost and strengthen enterprise competitiveness. Also, PPS will be helpful reducing environmental disruption because the system reuses retrieved Styrofoam pads many times.

• Journal of the Korea Safety Management & Science
• /
• v.17 no.1
• /
• pp.271-279
• /
• 2015

Global warming has pressured companies to put a greater emphasis on environment management which allows them to reduce environmental impact and costs of their operations. In Korea, the coal-fired power plants take a large account of electricity generation at 31.7% of the total electricity usage in 2014. Thus, environmental impact of coal-fired power plants is significant. This paper illustrated how to compute environmental impact and costs in electricity generation at a coal-fired power plant using MFCA methodology. Compared to the traditional accounting, an advantage of MFCA is to provide information on electricity generation costs and environmental wastes incurring throughout the production process of electricity. Based on MFCA, the coal-fired power plant was able to reduce production cost of electricity by 52.3%, and environmental wastes by 47.7%. As a result, MFCA seemed to be an effective tool in environmental management for power plants.

• Proceedings of the Korean Institute Of Construction Engineering and Management
• /
• 2004.11a
• /
• pp.588-591
• /
• 2004

Recently as people's values are changing from development into quality of life, the needs of environmentally friendly construction are gradually increasing, also popular discontent about the construction pollution such as the noise and vibration cause by construction machinery is increasing. Even though it is impossible to eliminate construction pollution fully, it is necessary to make efforts to reduce construction pollution to a minimum. The first step solving these matters is that the necessary sum of expense must be secured as the environmental budgeting method regarding Environmental management costs. To provide an efficient budgeting method, a interview with the person in charge of environment management was conducted. and the environmental management costs were analyzed through the historical data.

• International conference on construction engineering and project management
• /
• 2022.06a
• /
• pp.170-178
• /
• 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.

• Journal of Information Technology Services
• /
• v.13 no.4
• /
• pp.169-188
• /
• 2014

Recently the complexity and difficulty of the IT projects are increasing due to technological and environmental risks, resulting in the adoption of PMO(Project Management Office) onto IT project management practices, including public area projects. For example, the Korean government regulated the application of PMO onto large scale public IT projects. However, since there has been no reliable method to estimate the cost to execute PMOs, a PMO cost evaluation model to support the budget and cost planning of PMO projects is required. Thus, the purpose of this research is to develop a systematic cost evaluation model for PMO projects. We identified the dimensions that determine the PMO execution cost to be the scale of the subject project, the technical difficulty level of the subject project, and the tasks to be executed in the PMO project. Based on the determinants, the PMO execution cost model were developed from historical data and experts opinion. Upon verification, the validity of the developed model has high level of consistency compared with their experiences of real PMO project costs.

• Journal of Korean Society of Water and Wastewater
• /
• v.31 no.1
• /
• pp.51-62
• /
• 2017

For the asset management of a water pipe network, it would be necessary to understand the extent of the maintenance cost required for the water pipe network for the future. This study would develop a method to draw the optimum cost required for the maintenance of the water pipe network in waterworks facilities to maintain the aim revenue water ratio and to achieve the target revenue water ratio, considering the water service providers' waterworks condition and revenue water ratio comprehensively. This study conducted a survey with 96 water service providers as of the early 2015 and developed models to estimate the optimum maintenance cost of the water pipe network, considering the characteristics of the water service providers. Since the correlation coefficient of all the developed models was higher than 0.95, it turned out that it had significant reliability, which was statistically significant. As a result of applying the developed models to the actual water service providers, it was drawn that increasing revenue water ratio to more than a certain level can reduce the maintenance cost of the water pipe network by a great deal. In other words, it is judged that it would be the most efficient to secure the reliability of waterworks management by increasing the short-term revenue water ratio to more than a certain level and gradually increase the revenue water ratio from the long-term perspective. It is expected that the proposed methodology proposed in this study and the results of the study will be used as a basic research for planning the maintenance of water pipe network or establishing a plan for waterworks facilities asset management.

• Journal of Korean Society of Water and Wastewater
• /
• v.31 no.1
• /
• pp.63-72
• /
• 2017

For economic evaluation of integrated operation to sewage facilities, benefit-cost analysis was performed to watershed sewage works project in 7 watershed areas, 156 facilities. In this study, the cost before and after integrated operation was compared and benefits are calculated from the reduction of operators, increasement treated pollution loads, reduction cost through operation convenience, reduction water consumption through effluent reuse, and improvement of life benefit. The result showed that cost was 8,500million won and benefit was 16,747million won, so benefit was 49% higher than cost. B/C analysis result showed that B/C ratio was 1.97 and it is similar to other researches. The benefits of integrated operation included convenience of data management, increase of emergency response, decrease of complains with sewage which was not reflected numerically, so the benefits of integrated operation were expected much greater than this result

• Journal of Korean Society for Quality Management
• /
• v.49 no.2
• /
• pp.161-170
• /
• 2021

Purpose: The purpose of this study was to evaluate the economic value of installing public Energy storage system (ESS) facilities using a logit regression analysis and Contingent Valuation Method (CVM). We focused mainly on the environmental benefits of ESS and analyzed how the users' attitude toward environmental protection and knowledge of renewable energy affect their Willingness to pay (WTP) Methods: A single-bounded dichotomous choice (SBDC) survey was used to collect the data. We asked participants whether they are willing to pay a randomly presented cost (KRW 100, 500, 1000, 1500, 2000, 2500, 5000, 10000) along with their attitude to toward environmental protection, knowledge of renewable energy, and perceived cost of electric bill. 417 valid samples were collected and used for the analysis. Results: The results of the logit regression show that the initial bid, attitude toward environmental protection, knowledge of renewable energy, and perceived cost of electric bill significantly affect the user's WTP of public ESS facilities. The CVM results show that users are willing to pay KRW 5,049.1/month to install ESS facilities. Conclusion: : According to results, we conclude that the users agree with the need to install ESSs and that environmental benefits of ESSs are important factors for ESS adoption. Therefore, policy makers need to emphasize environmental aspects to install the ESS facilities.

• International conference on construction engineering and project management
• /
• 2022.06a
• /
• pp.1106-1113
• /
• 2022

Cost segregation helps reduce tax liabilities by reclassifying real property to personal property and accelerates tax depreciation of a property. A typical cost segregation study requires much time and high costs. This study proposed a BIM integrated cost segregation process that can be applied to any commercial building project. The proposed BIM-based cost segregation process was verified in a new commercial construction project. It approved that this approach can: (1) increase the cash flow for the owner and provide assistance to tax-paying enterprises; (2) enable the contractor to use it as an added value in the bidding process; (3) realize data sharing in a common platform to improve the cost segregation study efficiency and reduce costs and errors; (4) contribute to the asset management in the life cycle of buildings while filling in the blank of cost segregation process. Future studies will focus on the automation of cost segregation and asset management in building construction's life cycle.

• Journal of the Korea Safety Management & Science
• /
• v.15 no.4
• /
• pp.253-260
• /
• 2013

The importance of environmental protection has been increased recently. Thus the environmental management was settled in an important global competition factor. In the meantime logistics cost occupied the 8.03% of sales at 2011. This portion was greater than the portion of other countries and it was needed the reduction of logistics cost to secure the competition power. As thus in this paper we prepared the process which diminish the environmental discharge and decrease the logistics cost. We proposed the process to apply the MFCA to SCM, until now the MFCA had been used generally in manufacturing process. We defined the loss in SCM and the plus logistic, minus logistic, logistic center and the classification of cost to adopt the MFCA to SCM.