• Title/Summary/Keyword: Investment projects

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Development of Multi-Criteria Decision Making Model for the Determination of Investment Priority in Water Resources Projects (수자원사업 투자우선순위결정을 위한 다기준의사결정모형 개발)

  • Yeo, Kyu-Dong;Choi, Seung-An;Kim, Gil-Ho;Lee, Sang-Won
    • Proceedings of the Korea Water Resources Association Conference
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    • 2011.05a
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    • pp.109-113
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    • 2011
  • 수자원사업은 합리적이고 신뢰성 있는 의사결정이 필요한데 그동안 주로 경제성분석에 의존하여 왔다. 본 연구는 경제성분석위주의 기존 방법을 탈피하여 사업 필요성과 투자 타당성을 다양한 각도로 평가할 수 있는 합리적이고 객관적인 수자원사업 대안선정과 투자우선순위결정 방법을 도출하고자 하였다. 이를 위해, 대안 간에 동일한 기준으로 종합평가점수를 산정하여 우선순위를 결정할 수 있도록 다기준의사결정모형을 개발하였다. 적용결과는 취약성 기준에 큰 영향을 받으며, 정책적 기준, 경제성 기준의 순으로 분석되었다. 이는 전문가 설문에 의한 평가기준별 가중치의 영향으로, 수자원사업은 단순히 경제성 분석만으로 평가를 해서는 안 됨을 의미한다. 본 연구는 대규모의 예산이 투입되는 수자원사업에 대한 효율성과 취약지역에 대한 형평성을 제고하는데 기여할 수 있을 것으로 판단된다.

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기술능력 발전의 시기별 특성: 포항제철 사례연구

  • 송성수
    • Journal of Technology Innovation
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    • v.10 no.1
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    • pp.174-200
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    • 2002
  • Technological capabilities of POSCO (Pohang Iron & Steel Co.) have been developed through acquisition, catch-up, and generation stage. In 1970s standardized operation technologies were acquired based on Japan's technological cooperation. The prime route of technological acquisition was overseas training and operation technologies were articulated by mock and real operation. In 1980s POSCO focused to catch-up advanced technologies through in-house R&D activities. Technological informations were broadly accumulated, task force teams were constructed for important technological tasks, and the scope of technological innovation covered nearly all fields. In 1990s POSCO launched long-term projects based on the large-scale investment and challenged the new fronts of steel technologies. Frontier technologies such as smelting reduction and thin slab casting were early commercialized and new technological concepts were emerged. In conclusion, this article suggests some implications on the development of technological capabilities in Korea.

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Mass Timber: The New Sustainable Choice for Tall Buildings

  • Cover, Jennifer
    • International Journal of High-Rise Buildings
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    • v.9 no.1
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    • pp.87-93
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    • 2020
  • Professionals who work in the realm of tall building design and construction are well aware that high-rises are the best solution for accommodating growing urban populations. Until recently, few would have thought to include tall wood buildings as part of that solution, but there is growing awareness that tall mass timber structures can help satisfy the need for density while addressing the need-equally urgent-for a more sustainable built environment. This paper examines the trend toward tall wood buildings in the United States, including their history and international influences, market drivers, structural performance, and economic viability, as well as building code changes that allow wood structures up to 18 stories. It highlights examples of mass timber projects, with an emphasis on benefits that impact return on investment.

Optimization Model for Sewer Rehabilitation Using Fast Messy Genetic Algorithm (fmGA를 이용한 하수관거정비 최적화 모델)

  • Ryu, Jae-Na;Ki, Beom-Joon;Rark, Kyoc-Hong;Lee, Cha-Don
    • Journal of Korean Society of Water and Wastewater
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    • v.18 no.2
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    • pp.145-154
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    • 2004
  • A long-term sewer rehabilitation project consuming an enormous budget needs to be conducted systematically using an optimization skill. The optimal budgeting and ordering of priority for sewer rehabilitation projects are very important with respect to the effectiveness of investment. In this study, the sewer rehabilitation optimization model using fast-messy genetic algorithm is developed to suggest a schedule for optimal sewer rehabilitation in a subcatchment area by modifying the existing GOOSER$^{(R)}$ model having been developed using simple genetic algorithm. The sewer rehabilitation optimization model using fast-messy genetic algorithm can improve the speed converging to the optimal solution relative to GOOSER$^{(R)}$, suggesting that it is more advantageous to the sewer rehabilitation in a larger-scale subcatchment area than GOOSER.

Analyzing the Influence Factors on Efficiency in Open R&D by Tobit Model (Tobit 모형을 활용한 개방형 R&D 효율성 영향요인 분석)

  • Min, Hyun-Ku
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.43 no.3
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    • pp.87-94
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    • 2020
  • In this study, the factors affecting the efficiency of 48 projects of private R&D institutes were analyzed using the Tobit model. Influencing factors were selected as open R&D network size, IT industry, interaction between R&D network size and IT industry, and type of R&D network cooperation. As a result of Tobit analysis, the R&D network size, the IT industry, and the type of R&D network cooperation were found to be significant. The larger the open R&D network size, the lower the efficiency, and the IT industry showed lower R&D efficiency than other industries. In addition, cooperation with universities and research institutes showed lower R&D efficiency than cooperation with companies. As a result of these studies, companies will be able to select and focus on cooperation with the outside in relations and investment allocation.

Connection Program of Construction New Technology and Results of Construction Transportation R&D (건설교통R&D성과의 건설신기술 연계방안)

  • Park, Hwan-Pyo;Lee, Kyo-Sun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2010.05b
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    • pp.17-20
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    • 2010
  • Recent Construction and Transportation R&D projects are larger in size, investment scale has been increasing rapidly. However, the results of Construction and Transportation in R & D are papers, patents and other results. So, the application record of R&D in the construction field is very lacking. In particular, Construction New Technology's ratio in the midst of R&D's results are about 2.29%. Therefore, this study suggested program that R&D's results has been connected Construction New Technology. The introduction of the new system has greatly increased Construction New Technology and the results of excellent &D will be applied in construction field. So, Cost-reduction and technology's improvement are expected.

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Importance of pumped storage hydroelectric power plant in Turkey

  • Aras, Egemen
    • Advances in Energy Research
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    • v.5 no.3
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    • pp.239-254
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    • 2017
  • The world began to search for new energy sources with increasing energy demand. Renewable energy sources are as hydropower important for alternative energy. Countries with high hydroelectric potentials continue to work to utilize hydroelectric power plants in the most efficient way. Pumped storage hydropower plants are an important investment to meet the growing energy needs at peak times and to store energy. Although it produces energy in many countries, pumped storage hydropower plants have not begun to be built in Turkey which has high hydroelectric potential. A new era will be opened for energy production in Turkey where a large number of pumped storage hydropower plants projects are in study phase with the construction of pumped storage hydropower plants and first nuclear power plant.

A Study on the Evaluation of the Efficiency in the Costs of the Remodeling (개보수 대상 건물의 비용 측면에서의 효율성 평가에 관한 연구 - 바닥 마감재를 중심으로 -)

  • Kim, Sang-Yong;Jung, Byung-Woo;Kang, Kyung-In
    • Journal of the Korea Institute of Building Construction
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    • v.3 no.4
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    • pp.129-134
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    • 2003
  • The purpose of this study is to evaluate efficiency by the Life Cycle Cost(LCC) analysis of floor covering materials for remodeling. This study has been performed as a case study. The LCC analysis is a technique which takes account into both initial-future costs and benefits of an investment over some period of time. LCC is important in commercial decision making because it provides improved assessment of the living-term cost effectiveness of construction projects as well as alternative economic methods that focus on initial costs. For LCC analysis and comparison, the present value technique is used. The results of this study are summarized as follows; (1) A LCC analysis model of floor covering materials is suggested through a case study (2) As a result of LCC case study, the type of sheet is analysed more economical than that of tile in floor covering materials.

Fuel Conversion to Renewable Energy Analysis of the Impact on the Horticulture in the Agricultural Sector -Mainly Wood Pellets- (농업부문에서 신재생에너지로의 연료전환이 시설원예에 미치는 영향 분석 -목재펠릿을 중심으로-)

  • Yoon, Sung-Yee;Kim, Tae-Hoon
    • Korean Journal of Organic Agriculture
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    • v.22 no.4
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    • pp.531-547
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    • 2014
  • This study analyzed the effect of Greenhouse of wood pellet fuel conversing from Diesel. Analyzed through a life cycle assessment of greenhouse gas emissions of carbon dioxide for the environmental assessment, In evaluation of the Ministry of the Environment, analyzed through the life cycle assessment of carbon dioxide emissions of the greenhouse gas and, In the case of economic evaluation, we analyzed the investment payback period to the total revenue generated by each of the calculated incentive based on the RHI and institutions reduction projects a reduction of costs associated with the reduction of fuel costs.

A Case Study on Efficiency Evaluation of DMUs Performances for Digital Pioneer Project by Data Envelopment Analysis Model (DEA를 활용한 차세대첨단콘텐츠육성사업 참여 DMU의 효율성 평가에 관한 사례 연구)

  • Shin, Jae-Shig;Yang, Hae-Sool
    • Journal of Information Technology Services
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    • v.6 no.1
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    • pp.65-81
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    • 2007
  • Recently, the affiliates of the Ministry of Information and Communication have been conducting a performance evaluation study on IT policy projects, based on the performance evaluation model of the U.S. Office of Management and Budgets, with regard to investment in computerization. The performance evaluation model for the policy project could provide the objective information required for the planning, development, and operation of the policy project. However, the performance of the most policy project is likely to be evaluated using the subjective evaluation criteria of evaluators. Therefore, this case study evaluates the relative efficiency using DEA (Data Envelopment Analysis) in order to improve the performance evaluation method of the digital pioneer' project implemented by the Korea IT Industry Promotion Agency. The improvement value of inefficient Decision Making Units (DMUs) was measured by a static efficiency analysis. The measured value will suggest a objective viewpoint of the performance between DMUs to evaluators. In doing so, it will show an appropriate direction for the policy project to be evaluated successfully.