• Title/Summary/Keyword: Evaluation of the Potential

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EXPLORING POTENTIAL SUCCESS FACTORS FOR PROCUREMENT OF PRIVATELY FINANCED INFRASTRUCTURE

  • Xiao-Hua Jin;Chunlu Liu;Jian Zuo;Guomin Zhang
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.132-141
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    • 2011
  • Australia has joined many governments to adopt public-private partnership (PPP) as a major strategy for procuring infrastructure for decades. However, failures have occurred although the market has been considered to be a mature and sophisticated one. Failures have typically been traced back to inappropriate economic evaluation and a lack of value-for-money. In particular, a literature review has identified that there was no holistic consideration on the evaluation of procurement transactions of PPP projects. The transaction costs of PPPs were not handled properly. In this paper, theories of transaction cost economics are proposed for the purpose of such a holistic institutional economic evaluation. These theories are analysed in order to identify potential critical success factors for a strategic infrastructure procurement framework. The potential critical success factors are identified and grouped into a number of categories that match the theories of transaction cost economics. These categories include (1) Asset Specificity, (2) Organizational Capability, (3) Transaction Frequency, (4) Behavioural Uncertainty, and (5) Environmental Uncertainty. These potential critical success factors may be subject to an empirical test in the future. The proposed framework will offer decision makers with an insight into project life cycle economic outcomes needed to successfully deliver PPPs.

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Study on nutritional property and use potential of Gochujang using Gongju chestnuts (공주밤을 이용한 고추장의 영양 특성 및 활용 가능성)

  • Kim, Sun-Hyo
    • Journal of Nutrition and Health
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    • v.49 no.5
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    • pp.395-399
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    • 2016
  • Purpose: Gongju is a famous area for chestnuts, which contain various nutrients and phytochemicals. This study aimed to develop gochujang items using Gongju chestnuts and analyze nutritional properties for the best item by sensory evaluation in order to increase marketability of chestnut processed foods. Methods: Gochujang was prepared, and nutrient contents of gochujang were analyzed according to the methods of the food fair by Korea Food Research Institute. Three kinds of gochujang, including general (control)-, dried chestnut powder-, and chestnut syrup- were prepared. Sensory evaluation was performed on three kinds of gochujang by 45 adults, including males and females (20's~60's years of age). Results: Chestnut syrup-gochujang was evaluated as significantly higher than general- or dried chestnut powder-gochujang by sensory evaluation. Thus, nutrition facts were produced for chestnut syrup gochujang. Nutrient contents per 100 g of chestnut syrup gochujang and traditional gochujang in the literature were similar in terms of total carbohydrates and fat, whereas protein content was higher and sodium content was lower in chestnut syrup gochujang than in traditional gochujang in the literature. Conclusions: The results imply that chestnut syrup gochujang has nutritional benefits such as higher content of protein and lower content of sodium than traditional gochujang in the literature, in addition with its good taste. Therefore, chestnut syrup gochujang may have high usage potential. There is a need to improve the quality and storage of chestnut syrup gochujang through future study.

An Analysis of Agricultural Landuse Suitability Using Landuse Limitation Factors - A Case Study of Ibang-myeon, Changnyeong-gun, Kyungsangnam-do - (토지이용 제한인자를 활용한 농업적 토지이용 적합성 분석 - 경상남도 창녕군 이방면을 대상으로 -)

  • Jang, Gab-Sue;Park, In-Hwan
    • Journal of Environmental Impact Assessment
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    • v.15 no.6
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    • pp.357-372
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    • 2006
  • The excessive land activities in farming can cause soil erosion, inundation by a flood, and fallow. So far land evaluation has been analyzed using the land use limitation derived from the excessive land activities. This study was done for evaluating the agricultural fields by using 3 land use limitations, inundation potential, soil erodibility potential, and fallow potential. The study area is Ibang-myeon, Changnyeong-gun, Gyeongnam-province, Korea. A logistic regression model was applied to recognize the inundation potential by a flood in the Nakdong river basin. And potential soil erodibility index (PSEI) was derived from USLE model to analyze the soil erodibility potential. And a probability model from a logistic regression model was applied to detect the fallow potential. Therefore, we found 220.7ha for the 4th grade and 86.1ha for the 5th grade was analyzed as water damage potential. Large area near Nakdong river have problem to grow the rice due to the damage by water inundation. And 213.6ha for the 3rd grade and 103.3ha for 4th grade was detected as a result of the analysis of soil erosion potential. The soil erosion potential was high when within-field integrity of soil was not stable, or the kinetic energy was high or the slope length was long due to a steep slope of a specific land. And 869.1ha for 3rd grade, 174.9ha for 4th grade, and 110.6ha for 5th grade was detected to be distributed having the fallow potential. Especially, a village, having a steep mountain, had 249.5ha for the 3rd grade, which was 28.7% of total area showing the 3rd grade. Finally, Three villages, including An-ri, Geonam-ri, Songgok-ri, showed they had largest area of the suitable land in the study area. These villages had similar topographic condition where they were far from Nakdong river, and they had relatively higher elevation and flat lands.

An Evaluation Method for Scientists and Engineers in Project - oriented R&D Organizations (Project를 위주로 하는 연구개발(硏究開發) 기관에 있어서 과학자(科學者), 기술자(技術者)의 평가방법(評價方法))

  • Park, Sun-Dal
    • Journal of Korean Institute of Industrial Engineers
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    • v.1 no.1
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    • pp.57-65
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    • 1975
  • A perfect evaluation for scientists and engineers is impossible unless the R&D process is fully explored. But the study in this area is being intencified, and consequently progress is being made. In this paper an evaluation method for scientists and engineers in project-oriented R&D organizations is developed. That is, a method that the evaluation for the job performance directly influences personnel management such as promotion, and the evaluation for their potential, characteristics influences indirectly. Further systematization of evaluation process, which is no less importatant than evaluation itself, is attempted.

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The Economic Value Analysis of the Potential Wind Farm Site Using the Black-Scholes Model (블랙 숄즈 모델을 이용한 잠재적 풍력발전 위치의 경제적 가치분석)

  • Jaehun Sim
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.45 no.4
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    • pp.21-30
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    • 2022
  • To mitigate the environmental impacts of the energy sector, the government of South Korea has made a continuous effort to facilitate the development and commercialization of renewable energy. As a result, the efficiency of renewable energy plants is not a consideration in the potential site selection process. To contribute to the overall sustainability of this increasingly important sector, this study utilizes the Black-Scholes model to evaluate the economic value of potential sites for off-site wind farms, while analyzing the environmental mitigation of these potential sites in terms of carbon emission reduction. In order to incorporate the importance of flexibility and uncertainty factors in the evaluation process, this study has developed a site evaluation model focused on system dynamics and real option approaches that compares the expected revenue and expected cost during the life cycle of off-site wind farm sites. Using sensitivity analysis, this study further investigates two uncertainty factors (namely, investment cost and wind energy production) on the economic value and carbon emission reduction of potential wind farm locations.

An Evaluation of the Research Potential in the Aeronautics Transport Mode in Europe

  • Mesko, Maja;Hanzic, Katja;Stiglic, Mitja;Bozicnik, Stane
    • Journal of Distribution Science
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    • v.12 no.9
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    • pp.25-38
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    • 2014
  • Purpose - Our study aims to analyze and assess aeronautics transport, to bring comprehensive insight about the existing potential in the new member states, candidate countries, potential candidate countries, and associated states. Methodology - The evaluation was carried out by applying qualitative methodology to the research results and on existing capabilities, to assess the overall research capability in the aeronautics transport mode of each country and region, in the European context. Results - Overall, countries with the strongest potential are the Czech Republic, Poland, Hungary, and Romania. The aeronautics research potential was evaluated as weak in as many as 11 countries, with Estonia, Bosnia-Herzegovina, Macedonia, Montenegro, Albania, and Moldova being evaluated as weak in all categories, and Latvia, Croatia, and Serbia being evaluated as weak overall but having at least one category evaluated as medium. Conclusion - Based on the research findings, there are recommendations regarding both the research policy and research activities related to the aeronautics transport mode. The findings contribute to the further development of EU aeronautics research and the aviation industry.

The Fault Tolerant Evaluation Model due to the Periodic Automatic Fault Detection Function of the Safety-critical I&C Systems in the Nuclear Power Plants (원전 안전필수 계측제어시스템의 주기적 자동고장검출기능에 따른 고장허용 평가모델)

  • Hur, Seop;Kim, Dong-Hoon;Choi, Jong-Gyun;Kim, Chang-Hwoi;Lee, Dong-Young
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.62 no.7
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    • pp.994-1002
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    • 2013
  • This study suggests a generalized availability and safety evaluation model to evaluate the influences to the system's fault tolerant capabilities depending on automatic fault detection function such as the automatic periodic testings. The conventional evaluation model of automatic fault detection function deals only with the self diagnostics, and supposes that the fault detection coverage of self diagnostics is always constant. But all of the fault detection methods could be degraded. For example, the periodic surveillance test has the potential human errors or test equipment errors, the self diagnostics has the potential degradation of built-in logics, and the automatic periodic testing has the potential degradation of automatic test facilities. The suggested evaluation models have incorporated the loss or erroneous behaviors of the automatic fault detection methods. The availability and the safety of each module of the safety grade platform have been evaluated as they were applied the automatic periodic test methodology and the fault tolerant evaluation models. The availability and safety of the safety grade platform were improved when applied the automatic periodic testing. Especially the fault tolerant capability of the processor module with a weak self-diagnostics and the process parameter input modules were dramatically improved compared to the conventional cases. In addition, as a result of the safety evaluation of the digital reactor protection system, the system safety of the digital parts was improved about 4 times compared to the conventional cases.

A Commercial Paper Evaluation Model Based on the AHP (계층분석과정에 의한 기업어음 신용평가모형)

  • 이상석;홍재범
    • Korean Management Science Review
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    • v.15 no.1
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    • pp.97-115
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    • 1998
  • This study aims to develop the methodology based on the AHP(Analytic Hierarchy Process) of evaluation for commercial paper. commercial paper is the ma product of merchant banks. commercial paper evaluation is annually performed by the credit-evaluation agency. Credit evaluation is performed by the informal judgemental system, which has potential to induce serious inconsistencies in decision-making. We present an objective scoring model which does not suffer from the weakness of the subjective judgement system. The model used is illustrated by analyzing the commercial paper evaluation for the 3 motor-companies(H, K and S motors).

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Antitumor profiles and cardiac electrophysiological effects of aurora kinase inhibitor ZM447439

  • Lee, Hyang-Ae;Kwon, Miso;Kim, Hyeon-A;Kim, Ki-Suk
    • The Korean Journal of Physiology and Pharmacology
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    • v.23 no.5
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    • pp.393-402
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    • 2019
  • Aurora kinases inhibitors, including ZM447439 (ZM), which suppress cell division, have attracted a great deal of attention as potential novel anti-cancer drugs. Several recent studies have confirmed the anti-cancer effects of ZM in various cancer cell lines. However, there have been no studies regarding the cardiac safety of this agent. We performed several cytotoxicity, invasion and migration assays to examine the anti-cancer effects of ZM. To evaluate the potential effects of ZM on cardiac repolarisation, whole-cell patch-clamp experiments were performed with human induced pluripotent stem cell-derived cardiomyocytes (hiPSC-CMs) and cells with heterogeneous cardiac ion channel expression. We also conducted a contractility assay with rat ventricular myocytes to determine the effects of ZM on myocardial contraction and/or relaxation. In tests to determine in vitro efficacy, ZM inhibited the proliferation of A549, H1299 (lung cancer), MCF-7 (breast cancer) and HepG2 (hepatoma) cell lines with $IC_{50}$ in the submicromolar range, and attenuated the invasive and metastatic capacity of A549 cells. In cardiac toxicity testing, ZM did not significantly affect $I_{Na}$, $I_{Ks}$ or $I_{K1}$, but decreased $I_{hERG}$ in a dose-dependent manner ($IC_{50}$: $6.53{\mu}M$). In action potential (AP) assay using hiPSC-CMs, ZM did not induce any changes in AP parameters up to $3{\mu}M$, but it at $10{\mu}M$ induced prolongation of AP duration. In summary, ZM showed potent broad-spectrum anti-tumor activity, but relatively low levels of cardiac side effects compared to the effective doses to tumor. Therefore, ZM has a potential to be a candidate as an anti-cancer with low cardiac toxicity.

Improvement and evaluation of flood control safety utilizing a flood risk map - Yeong-Seomjin River Basin - (홍수위험지도를 활용한 치수안전도 방법 개선 및 평가 - 영·섬진강 유역중심으로 -)

  • Eo, Gyu;Lee, Sung Hyun;Lim In Gyu;Lee, Gyu Won;Kim, Ji Sung
    • Journal of Korea Water Resources Association
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    • v.57 no.1
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    • pp.21-33
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    • 2024
  • Recently, the patterns of climate change-induced disasters have become more diverse and extensive. To develop an effective flood control plan, Korea has incorporated the concept of Potential Flood Damage (PFD) into the Long-Term Comprehensive Water Resources Plan to assess flood risk. However, concerns regarding the PFD have prompted numerous studies. Previous research primarily focused on modifying and augmenting the PFD index or introducing new indices. This study aims to enhance the existing flood control safety evaluation method by utilizing a flood risk map that incorporates risk indices, specifically focusing on the Yeong-Seomjin river basin. The study introduces three main evaluation approaches: risk and potential analysis, PFD and flood management level analysis, and flood control safety evaluation. The proposed improved evaluation method is expected to be instrumental in evaluating various flood control safety measures and formulating flood control plans.