• International conference on construction engineering and project management
• /
• 2009.05a
• /
• pp.1176-1182
• /
• 2009

Due to recession in real estate market, interest of risk analysis is increasing. Feasibility study in the first stage takes a great role in a project. There are not objectified tools which are able to cope with uncertainty of project, and feasibility study based on selected method of determinism does not include liquidity of weight risk. Also, shortage of consideration for subjective and atypical external factors causes inappropriate results. Therefore, this study proposes feasibility study model focused on risk factor influences in construction cost and sales cost. Considering effective level of cost based on objective risk factors and probable weight of risk by this model, real workers are able to bring correct and scientific decisions better than former method based on selective analysis of real estate development.

• Journal of the Korean Society of Industry Convergence
• /
• v.27 no.3
• /
• pp.547-553
• /
• 2024

Hydrogen is considered a key energy source to achieve carbon neutrality through the global goal of 'Net Zero'. Due to limitations in domestic green hydrogen production, Korean companies are interested in importing green hydrogen produced overseas. Because Australia and the Middle East possess high-quality renewable energy resources, they are attracting attention as suitable regions for producing green hydrogen using renewable energy. The cost of constructing and operating a green ammonia plant varies depending on the region. In this study, an economic feasibility comparison of green ammonia plant construction in Australia and the Middle East is conducted. Through this, it is expected to contribute to the economic analysis and feasibility analysis of the project to import hydrogen in the form of green ammonia into Korea.

• Journal of the Korean Society of Industry Convergence
• /
• v.27 no.2_1
• /
• pp.277-285
• /
• 2024

Hydrogen is considered a key energy source to achieve carbon neutrality through the global goal of 'net zero'. Due to limitations in producing green hydrogen domestically, Korean companies are interested in importing green hydrogen produced overseas. The Middle East has high-quality solar energy resources and is attracting attention as a region producing green hydrogen using renewable energy. To build a green ammonia plant, optimization of the production facility configuration and economic feasibility analysis are required. It is expected that it will contribute to reviewing the economic feasibility of constructing overseas hydrogen production plants through preliminary economic feasibility analysis.

• Proceedings of the Korean Operations and Management Science Society Conference
• /
• 1988.10a
• /
• pp.9-9
• /
• 1988

• Transportation Technology and Policy
• /
• v.10 no.5
• /
• pp.80-86
• /
• 2013

• Journal of the Korean Society of Safety
• /
• v.35 no.3
• /
• pp.32-42
• /
• 2020

In this study, in order to secure the necessity of introducing the safety certification system for the assembled temporary equipment and materials, the feasibility of the introduction was analyzed through literature review, structural analysis, and actual experiments and surveys related to the assembled temporary equipment and materials. In the previous studies, it was found that the research on the assembled temporary equipment and materials was insufficient, and it was possible to grasp the necessity of introducing the safety certification system for the assembled temporary equipment and materials. In addition, in the results of the serious accident analysis, it was found that the soundness of the temporary equipment and materials is determined by the structural characteristics after it was assembled. As a result of the feasibility analysis of the introduction of the safety certification of the assembled temporary equipment and materials through structural analysis, it is possible to effectively and rationally reflect the main geometrical influence factors, and to introduce the safety certification system that can test the procedures and procedures of the assembled temporary equipment and materials and based on it. It was found that there is a need. As a result of feasibility analysis on the necessity of introducing the safety certification system for assembled temporary equipment and materials through actual experiments, the existing single member performance evaluation has limitations in evaluating the structural performance of the assembled temporary equipment and materials. It was found that there is a need to introduce a safety certification system. As a result of gathering opinions on the feasibility of introducing the safety certification system for assembled temporary equipment and materials of manufacturers and users through the survey, it was found that the overall positive response result was high and the effectiveness was high.

• New & Renewable Energy
• /
• v.1 no.3 s.3
• /
• pp.42-50
• /
• 2005

This paper deals with the economic feasibility model and analysis of a hydrogen fuel-cell vehicle [FCV] against two similar types of non-business vehicles fueled with gasoline [GV] and diesel [DV] considering greenhouse gas [GHG]. Considering the price of vehicles and annual operating cost, we build a classical economic feasibility model. Since the economic feasibility could be affected by many input factors such as the prices of vehicles, the price of fuels, annual driving distance and so on, we estimate the average future values of input factors, which is defined as "the average case". Based on the average case, we assess the representative economic feasibility of a FCV with/without GHG, and by changing various annual driving distances, we assess its economy in terms of net-present value, internal rate of return, and payback period. In addition, we make some sensitivity analysis of its economic feasibility by changing the values of the critical input factors one at time. Based on the average case, it turns out that the consumer of a FCV could save 25,000 won/year for a GV, but the consumer could pay 120,000 won/year more for a DV. This indicates that gasoline vehicles could be replaced gradually by FCVs in Korean market which might be formed by those consumers driving annually more than approximately 14,800 km. As the results of our sensitivity analysis, it turns out that a FCV is no more economical if the difference of the prices between FCV and GV is more than 10,130,000 won or the price of hydrogen fuel could be more than 5,136 won/kg.

• The Journal of Society for e-Business Studies
• /
• v.13 no.4
• /
• pp.49-69
• /
• 2008

Recently, ubiquitous computing technology becomes available to develop advanced electronic commerce：u-commerce. Hence, it is the very time to perform feasibility analysis in applying ubiquitous computing technology, especially estimating economical value of the on-going technology. Hence, the purpose of this paper is to propose a financial value estimating methodology in performing feasibility test on ubiquitous computing technology. To do so, Black and Scholes model is basically adopted. To show the feasibility if the idea proposed in this paper, actual case study through focused group interview with those who are actually performing on-going ubiquitous computing projects. As the result, we validated the possibility of applying Black-Sholes model to assessing feasibility analysis for ubiquitous technology development with the price of call option, volatility, and the comparison with other similar technologies.

• Proceedings of the Korean Institute Of Construction Engineering and Management
• /
• autumn
• /
• pp.347-352
• /
• 2001

Midtown redevelopment project is intended for restoration of city's declining function and promoting the utilization of land, but several factors such as participants of different nature in the project, different expectation level from them, high land value accompanied by geographical location as a city and the demand for high density development, nature of business that requires long duration to complete and vast amount of fund contribute to complication of feasibility study. Due to these characteristics of midtown redevelopment project, consideration of various factors involved with it and reliable analysis are required but suggested complication of feasibility study is causing halt in project, preventing from launching it and delaying it. So, this study was undertaken to be a help to feasibility study of midtown redevelopment project by suggesting main elements that need to be dealt with analysing questionnaire survey result attained from related expert in this area and arranging total 45 factors essential to feasibility study for midtown redevelopment project that can be classified into 5 main category such as economic/financial factors, legal/institutional factors, market related factors, technical factors and conflict related factors through documental investigation, case study and interview with specialist concerned.

• The Journal of Korean Academic Society of Nursing Education
• /
• v.20 no.4
• /
• pp.639-649
• /
• 2014

Purpose: This study evaluates the feasibility of Korean Advance Directives (K-AD) developed earlier. Method: From January 1 to February 28, 2013, data were collected from 330 adults through a self-reported questionnaire established by the authors based on literature review and expert consultation. The feasibility of K-AD was multi-dimensionally evaluated through four criteria: cognitive, psychological, document making and socially expecting aspects. Data were analyzed using t tests, one-way ANOVA, and Scheffe post hoc tests via the SAS 9.1.3 program. Results: The feasibility of K-AD differed significantly by gender (p=.003), educational level (p<.001), religion (p=.002), and self-reported health status (p=.039). Differences in the level of easiness with K-AD by gender (p=.008) and education (p=.047) were significant. Perceived simplicity of AD differed significantly by religion (p=.005), and the necessity of AD differed significantly by gender (p=.025) and religion (p=.005). Conclusion: K-AD are sufficiently feasible to be tentatively utilized in practice. This is the first study to explore the feasibility of K-AD on the basis of multiple aspects. However, further studies involving diverse populations and methodologies to validate the usefulness of K-AD are warranted.