• Title/Summary/Keyword: FEASIBILITY STUDY

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The Analysis of Assessment Factors for Preliminary Feasibility Study of Dam Project in Korea (국책사업 예비타당성조사 평가항목별 중요도 분석 - 댐 개발사업을 중심으로 -)

  • Koo, Jakon;Lee, Muchoon
    • Journal of Environmental Impact Assessment
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    • v.13 no.6
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    • pp.307-314
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    • 2004
  • Among large developmental projects, those of the government and public institutions with the total budget of more than 50billion wons can be executed only when the feasibility of the project has been testified through the procedure of preliminary feasibility study. Multi-purpose dams are public structures that can supply water, produce electricity, and control flood, they belong to large national projects that require legal evaluation procedures such as preliminary feasibility study and environmental impact assessment(EIA). The index that should be considered to be important in dam plan is the migration of residents in submerged district. The importance in the preliminary feasibility study is 4.93 points(98.6 in the scale of 100 at maximum). Among the 12 assessment elements of the policy and economy in the preliminary feasibility study, the element of environment assessment is turned out to be 4.68 points in the assessment importance (93.5 in the scale of 100 at maximum), which is the second in the total ranking and the first in the field of policy, indicating that the element is very important in dam construction planning.

A Study of Assessment Method for Site Feasibility of Municipal Solid Waste Incineration (생활폐기물소각장의 입지타당성 평가기법)

  • Lee, Mu-Choon
    • Journal of Environmental Impact Assessment
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    • v.6 no.2
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    • pp.123-135
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    • 1997
  • The solid waste incineration facilities which cause environmental pollution. And those are some kind of loathing facilities for residents who do not want it. This problem could be solved by location feasibility study. The purpose of location feasibility study was to determine one site out of three candidate sites. This study which was done by the law, environmental and economic factor was considered for optimum site selection. Comparative evaluation among the candidate sites was done by ordinal scale and thus the optimum site was selected.

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A financial feasibility analysis of architectural development projects that use probabilistic simulation analysis method (확률론적 시뮬레이션 분석방법을 적용한 건축개발사업의 재무적 타당성 분석)

  • Lee, Seong-Soo;Choi, Hee-Bok;Kang, Kyung-In
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.3
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    • pp.76-86
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    • 2007
  • Construction development work invents profit as those finalize object, and a make or break success of project depends on correct analysis and forecast business feasibility at project early. Business feasibility study would be decision-making under precarious situation because is connoting uncertainty that is future. estimate at present visual point essentially. Under uncertainty, a decision-making method is based on probability theory of statistics, but business feasibility study had applied with not feasibility study by probabilistic decision method but it by determinism derision method so far. Therefore in this study doing decision-making by a probability theory method for successful project at early business feasibility study, it present a probabilistic study method that use simulation that can supply a little more correct and reliable data to decision-maker As result, a probabilistic study method is more suitable than deterministic study method as technique for a financial feasibility study of construction development work. Making good use of this probabilistic study method at important business or careful decision-making, because efficient Judgment that is based accuracy and authoritativeness may become available.

A Study on the Economic Feasibility Analysis of Public Library Construction - Focused on the Case of Geumsaem Library Construction - (공공도서관 건립의 경제적 타당성 분석에 관한 연구 - 금샘도서관 건립 사례를 중심으로 -)

  • Kang, Hee-Kyung;Lee, Yong-Jae
    • Journal of Korean Library and Information Science Society
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    • v.48 no.2
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    • pp.99-119
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    • 2017
  • As a part of feasibility study of constructing Geumsaem library, the purpose of this study is to examine the result of economic feasibility analysis on constructing the library. In order to achieve the purpose, we evaluated policy relevance, investigated people's demand for constructing the library, and examined the result of economic feasibility analysis. As the tools of economical efficiency analysis, we used the techniques like cost-benefit ratio, net present value and internal rate of return to analyse the economic feasibility, and we estimated the amount of benefit by contingent valuation method. As the result of this study, cost-benefit ratio for constructing Geumsaem library was turned out as 1.28, and we could get an assessment of positive economic feasibility about constructing the library.

Improvement of Total Floor Area Planning for the Feasibility Study on the Establishment of a General Hospital - Focused on Pre-feasibility Study of KDI Case Analysis (종합병원 건립 타당성 조사의 연면적 계획 개선방안 - 공공의료기관 재정사업 예비타당성조사 사례를 중심으로)

  • Cho, Junyoung
    • Journal of The Korea Institute of Healthcare Architecture
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    • v.30 no.1
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    • pp.37-44
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    • 2024
  • Purpose: The planning of medical facilities involves formulating a comprehensive medical basic plan, translating it into spatial dimensions through a space program. Feasibility assessment often relies on empirical methods like floor area per bed. However, with the shift towards specialized medical concepts, proportional scaling to bed numbers is challenging. This study proposes scale planning improvements during the feasibility assessment stage for comprehensive hospitals, analyzing cases using area determination factors and standard areas based on medical resources. Methods: The Korean Development Institute's Public Investment Management Center (KDI) identified issues in the scale determination of medical facilities in the Preliminary Feasibility Study Guidelines and investigated alternative approaches for determining the scale of a case that passed the preliminary feasibility study in 2019. The study assessed the feasibility of applying individual factors to determine not only the number of beds but also the scale at the sector and department levels. Additionally, a statistical analysis was conducted to examine the correlation between the total number of beds and various area determination factors. Results: Results suggest a strong correlation between total beds and major equipment needs, but in hospitals with <500 beds, this correlation weakens. Ward section scale is better calculated per ward type, not just total beds. Outpatient department scale depends on specialists, influencing treatment room numbers. Medical personnel play a crucial role in determining the scale of sections like rehabilitation therapy rooms, operating rooms, dialysis rooms, and overall facility scale.

Influence Factor Analysis for Feasibility Study of Building Projects (상업건축물의 사업타당성 영향요인 분석)

  • Son, Ki-Young;Kook, Dong-Hoon;Kim, Sun-Kuk
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2006.11a
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    • pp.462-466
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    • 2006
  • The startingpoint of successful buildingproduction process is the feasibility study of the project. If the feasibility study is poor which is affected in direct production processes such as designing and engineering, it incurs a great unrecoverable loss to the company. The governmentinstitutionalized the feasibility study for projects that budgets over 50billion won in an effort to ensure competitiveness of the construction industry after IMF; however, the system and effort to created systematic studies or guidance preparation for private construction development projects are lacking in great deal. Therefore, the objective of this study is to establish the analysis factors of feasibility study and evaluation standard by systematic analysis in consideration of the changes of various variables and mutual relationships using system dynamics technique for office buildings among commercial buildings.

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A Database Model for Financial Feasibility Study of Buildings Offered for Sale (분양형 건축물의 재무적 타당성검토를 위한 데이터베이스 모델)

  • Oh Hyun-Suk;Jung Jae-Gwan;Koo Kyo-Jin;Hyun Chang-Taek
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.577-580
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    • 2003
  • The purpose of this study was to make a database model for financial feasibility study of buildings offered for sale which is helpful for improvement of business ability in construction and confidence of a project from a related participant. At first, we studied several thesis and met some professionalist which work for construction and did a first survey for examining latest situation of a feasibility study in construction. As a result, even though feasibility study is important, factors for information management wasn't systemized. So we did a second survey for fixing Factors of the database model. The database model was composed of the factors that we got from the second survey. ER(Entity-Relationship) analysis was used to making it. We expect thar we can get more reasonable information to study financial feasibility study and can diminish risks of project through the database model. So the result of this study was to make a database model for more reasonable financial feasibility study of building offered for sale.

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Feasibility Analysis Information Model for Road Construction Projects (도로 프로젝트의 타당성분석 정보모델 구축방안)

  • Yang Jin-Kook;Kim Soo-Yong;An Dong-Geun
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.379-384
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    • 2002
  • A road construction project needs a large scale of investment and tine. In this study, we will review some elements of feasibility analysis and derive points of the existing analyses. And we make some suggestions to improve the existing methods. We propose a 'A Feasibility Information System' for road construction projects. The system will be useful to make a feasibility study for road construction project and help us to predict risks in process of the projects.

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A Study on Feasibility Analysis of Sewer Rehabilitation (하수관거 정비사업의 타당성 분석에 관한 연구)

  • Han, Ihnsup;Chang, Daehwan;Woo, Byungha;Lim, Chulhwan
    • Journal of Korean Society of Water and Wastewater
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    • v.23 no.1
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    • pp.89-96
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    • 2009
  • Feasibility which is complimented before Social Overhead Capital Project and National Policy Project is analyzed by economic and political benefits. The projects will be performed if the benefits are bigger than the project cost. In this study, feasibility was examined at various viewpoints on sewer rehabilitation projects implemented with private capitals. To achieve the feasibility analysis, the B/C (Benefit/Cost Ratio), IRR (Internal Rate of Return) and the returns ratio of the Build Transfer Lease project implemented in 2007 at W city were estimated. At the same time, the correlation with B/C and benefit sensitivity of concessionary rate fluctuation were analyzed to evaluate the efficiency and feasibility of the seven sewer rehabilitation projects promoted by a local autonomous entity.

A Study on the Feasibility Assessment for Selecting Recreation Forest Sites: The Case of Gwangju-si in Gyeonggi-do (휴양림 조성 대상지 선정을 위한 타당성 평가 연구 - 경기도 광주시를 중심으로 -)

  • Seo, Jung-young;Yeom, Sung-Jin
    • Journal of Environmental Science International
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    • v.28 no.11
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    • pp.959-969
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    • 2019
  • This study sought to contribute to the revitalization of local economy by developing a natural recreation forest, which is the base of ecotourism recreation, through utilizing forest resources and the natural environment of Gwangju-si. The study conducted a feasibility assessment through on-site surveys such as the suitability of the candidate sites, location analysis, and possibility of damage to the forest, before developing recreation forest sites in Gwangju-si and, based on the result, selected appropriate subject sites. The candidates for this study were 5 forest sites such as one site in the Mokheon-dong area, two in the Docheok-myeon area, and one in the Toechon-myeon area. For this study, the current status of the natural recreation forest was surveyed, its feasibility index and assessment process were investigated, and the local status and related regulations of Gyeonggi-do and Gwangju-si were reviewed. The final subject sites were selected after feasibility assessment utilizing assessment index in order to evaluate the candidate sites. The feasibility assessment was conducted after three separate on-site surveys for each candidate site between October 2018 and January 2019 utilizing "The Feasibility Assessment Criteria for Natural Recreation Forest (Notification 2018-71)" of the Korean Forest Service. The items instrumental to the feasibility assessment were classified into landscape, location, water system, induction of recreation, and development condition; the assessment was made after redefining each item into detailed items. Through this process, the Usan-ri area was selected as the final site for developing natural recreation forest, having obtained more than 100 points according to "The Feasibility Assessment Criteria for Natural Recreation Forest" of the Korean Forest Service. In order to develop natural recreation forest in the Usan-ri area in the future, further discussion is necessary with the relevant departments in consideration of the degree of ecological zoning map.