• Title/Summary/Keyword: Investment projects

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The Current Status and Facilitation Strategy of BIM for Civil Infrastructure Projects (토목공사의 BIM 현황 및 활성화에 관한 연구)

  • Park, Tae-Soon;Park, Hee-Sung
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.38 no.1
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    • pp.133-140
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    • 2018
  • The purpose of this paper is to provide baseline on the current status and the activation of BIM in civil engineering which can integrate and manage the information and tasks generated during the life cycle. Hierarchical analysis was conducted to identify the level of BIM application, recognition survey for practitioners, and activation plans. The survey results show similar trends in BIM activation inhibition factor, the need for BIM, the effect of BIM and the future possibility of BIM. The utilization of BIM and the technical training in the civil engineering field were lower than those in the architectural field. The analysis of AHP(Analytic Hierarchy Process) is performed to identify the degree of importance in financial, operational, investment, technical, and institutional sections as its activating factors. As a result, the technical factor points the highest degree. Thus, study shows the direction to apply BIM in civil engineering in the future by suggesting an efficient plan.

A Development of the Risk Factor Dictionary for the Private Finance Construction Project (민간투자 건설사업 위험요인사전 개발)

  • Kim, Seon-Gyoo
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.5
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    • pp.152-160
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    • 2007
  • Recently, the government is very active to secure the financial resources by inducement of the private investment in fulfilling an extension of the SOC facilities. One of the reasons that the private investors hesitate to put money into the private finance projects, however, is the lack of knowledges about various risks to be possibly incurred during the project execution. This research was performed as one of the preparation works in order for a A engineering company to act as a prime contractor of the project management service in the private finance project, and finally developed the risk factor dictionary as a new concept to satisfy the requirement of a A company and overcome a limit of the existing risk checklists. Although the risk factor dictionary looks like the only simplified table to be the risk factors identified in three dimensions, the impacts and response strategies expressed in narrative and multi-items, and the responsible parties indicated, it has great meanings to get a lot of direct and indirect accomplishments over the simplified table during the development process.

A Study on the Business Model and Implications of Korean Logistics Companies into Vietnam -The Case of Northern Vietnam- (국내 물류기업의 베트남 진출 비즈니스 모델과 시사점 - 베트남 북부 지역을 중심으로-)

  • Chung, Tae-Won
    • Journal of Korea Port Economic Association
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    • v.35 no.4
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    • pp.17-30
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    • 2019
  • This study examines the recent business models of domestic logistics companies in Hanoi and Hai Phong, Vietnam, and suggests implications. We introduced business models (coastal shipping, distribution center and ICD transportation, cold chain, border crossing, port development, etc.) that provide logistics services through cooperation with existing logistics companies (shippers, logistics companies, local companies, etc.). If we propose a partnership plan in the short and medium term, short-term projects include warehouse, ICD, trucking business, and it is feasible to not only collaborate with Korean companies that have already entered the market, but to also invest in joint ventures with local companies (up to 51% of local companies). In the long term, we can consider coastal transportation, cross-border transportation, trucking, and investment in new deep sea ports. All of these businesses require local partnerships, so local companies require a 51% stake.

- A Case Study on OOP Component Build-up for Reliability of MRP System - (MRP 시스템의 신뢰성을 위한 객체재향 컴포넌트 개발 사례)

  • Seo Jang Hoon
    • Journal of the Korea Safety Management & Science
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    • v.6 no.3
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    • pp.211-235
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    • 2004
  • Component based design is perceived as a key technology for developing advanced real-time systems in a both cost- and time effective manner. Already today, component based design is seen to increase software productivity, by reducing the amount of effort needed to update and maintain systems, by packaging solutions for re-use, and easing distribution. Nowdays, a thousand and one companies in If(Information Technology) industry such as Sl(System Integration) and software development companies, regardless of scale of their projects, has spent their time and endeavor on developing reusable business logic. The component software is the outcome of software developers effort on overcoming this problem; the component software is the way propositioned for quick and easy implementation of software. In addition, there has been lots of investment on researching and developing the software development methodology and leading If companies has released new standard technologies to help with component development. For instance, COM(Component Object Model) and DCOM(Distribute COM) technology of Microsoft and EJB(Enterprise Java Beans) technology of Sun Microsystems has turned up. Component-Based Development (CBD) has not redeemed its promises of reuse and flexibility. Reuse is inhibited due to problems such as component retrieval, architectural mismatch, and application specificness. Component-based systems are flexible in the sense that components can be replaced and fine-tuned, but only under the assumption that the software architecture remains stable during the system's lifetime. In this paper, It suggest that systems composed of components should be generated from functional and nonfunctional requirements rather than being composed out of existing or newly developed components. about implements and accomplishes the modeling for the Product Control component development by applying CCD(Contract-Collaboration Diagram), one of component development methodology, to MRP(Material Requirement Planning) System

A Case Study of maintenance cost estimation for military official residence building in BTL project (BTL사업 군관사 건축물의 유지관리비용 산정에 관한 연구)

  • Kwon, Bum-Joon;Kim, Hyun-Kyu;Kim, Yong-Su
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2008.11a
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    • pp.851-854
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    • 2008
  • The purpose of this study is to predict the maintenance cost for military official residence building projects which were ordered for five military official residence building. In conducting this study, the adapted research method was to classify initial investment for each construction of the military official residence building and to estimate maintenance cost. This study was analyzed by studying the estimation of maintenance cost in the apartments and present value analysis method. The results of this research are as follows. 1) The initial investments was analyzed that the total construction cost would be 1,683,286 thousand won ; construction(79%), civil(3%), landscaping(2%), MEP(5%), heating and hot water supply system(5%), and water supply and sanitary system(6%) per square meter. 2) Based on the result analyzed above, the maintenance cost of the apartments was analyzed and then estimated the proper maintenance cost by using maintenance cost estimation method and present a value analysis method.

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A Study on Strategic Factors for the Application of Digitalized Korean Human Dataset (한국인의 인체정보 활용을 위한 전략적 요인에 관한 연구)

  • Park, Dong-Jin;Lee, Sang-Tae;Lee, Sang-Ho;Lee, Seung-Bok;Shin, Dong-Sun
    • Journal of Digital Convergence
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    • v.8 no.2
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    • pp.203-216
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    • 2010
  • This study corresponds to an exploratory survey that identifies and organizes important decision factors for establishing R&D strategic portfolio in the application of digitalized Korean human-dataset. In the case of countries that have performed the above, the digitalized human-dataset and its visualization application development research are regarded as strategic R&D projects selected and supervised in national level. To achieve the goal of this study, we organize a professional group that reviews articles, suggests research topics, considers alternatives and answers questionnaires. With this study, we draw and refine the detailed factors; these are reflected during a strategic planning phase that includes R&D vision setting, SWOT analysis and strategy development, research area and project selection. In addition to this contribution for supporting the strategic planning, the study also shows the detailed research area's definition/scope and their priorities in terms of importance and urgency. This addition will act as a guideline for investigating further research and as a framework for assessing the current status of research investment.

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Economic Evaluation Algorithm of Island Micro-grid for Utility and Independent Power Producer (전력회사와 발전사업자 측면에서 도서지역용 마이크로그리드의 경제성평가 알고리즘)

  • Nam, Yang-Hyum;Lee, Hoo-Dong;Kim, Yu-Rim;Marito, Ferrira;Kim, Mi-Young;Rho, Dae-Seok
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.66 no.7
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    • pp.1032-1038
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    • 2017
  • Recently, regulation on carbon emissions has been strengthened according to the new climate change convention (COP21) held in Paris, and then Korea has decided to reduce CO2 emissions by 37% until 2030. As one of countermeasures, the government has energetically performed demonstration projects of island micro-grid including solar power, wind power and energy storage system. However, in order to smoothly introduce island micro-grid, it is a critical issue to carry out the economic evaluation for power utility aspect and independent power producer aspect. Therefore, this paper proposes economic evaluation algorithms of island micro-grid which are based on the present worth method, considering cost and benefit factors in the aspect of both sides. Firstly, in case of power utility this paper proposes algorithm to estimate a period of return on investment according to the introduction capacity of distributed generators replacing diesel generator. And also, in case of independent power producer, this paper proposes evaluation algorithm to estimate weighting factor of SMP and benefit rate based on break-even point related with cost and benefit. From a case study result on real island micro-grid model, it is confirmed that proposed algorithms are useful and practical for the economic evaluation of island micro-grid.

Cooperation Measures for Agricultural Infrastructure Development in North Korea (북한 농업생산기반조성 현황과 협력 방안)

  • Choe Jin Wook
    • Proceedings of the Korean Society of Crop Science Conference
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    • 1998.10a
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    • pp.134-158
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    • 1998
  • The objectives of this article are to identify the current status of agricultural infrastructure in North Korea and to suggest some cooperation measures among South and North Koreas and international agencies in order to develop the North Korea's agricultural infrastructure. The area of cultivated land in North Korea is 1,992 thousand ha (paddy field: 585 thousand ha: upland: 1,407 thousand ha) in 1997. Major water use facilities in North Korea are 1,900 reservoirs (included 100 big dams), 36,400 irrigation pumping stations, 1,600 drainage pumping stations, and 14'a,000 wells. In addition, there is 'two thousand Ri canal construction project' linking the rivers of Aprok, Daeryong, Daedong, Jaeryong, and Yesong. The unit of paddy land consolidation is about 1 ha which is regarded as rational for agricultural mechanization. The project of 'Darak' upland construction to create small size farmland, which has been carried out since 1976 has been unsuccessful due to the shortage of construction equipment. The area of farmland created by reclamation by 1995 is only 75 thousand ha although the potential project area is at)out 320 thousand ha along the western coast. It is due to the fact that civil engineering technologies and equipments are old and investment funds are insufficient. These are a few suggested areas of cooperation among South and North Korea and international agencies in order to improve North Korea's agricultural infrastructure : i) see land reclamation and land consolidation projects to increase paddy fields for rice production; ii) rehabilitation project in farm land areas devastated by flood; and iii) agricultural water development project which including diagnosing and rehabilitating irrigation and drainage facilities.

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Topic Model Analysis of Research Trend on Renewable Energy (신재생에너지 동향 파악을 위한 토픽 모형 분석)

  • Shin, KyuSik;Choi, HoeRyeon;Lee, HongChul
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.9
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    • pp.6411-6418
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    • 2015
  • To respond the climate change and environmental pollution, the studies on renewable energy policies are increasing. The renewable energy is a new growth engine technology represented by the green industry and green technology. At present, the investments for the renewable energy supply and technology development projects of three main strategy sectors such as sunlight, wind power and hydrogen fuel cell are implemented in our country, while they are still in the early stage, accordingly reducing those uncertainty for the research direction and investment fields is the most urgent issue among others. Thus, this study applied text mining method and multinominal topic model among the big data analysis methods on our country's newspaper articles concerning the renewable energy over the last 10 years, and then analyzed the core issues and global research trend, forecasting the renewable energy fields with the growth potential. It is predicted that these results of the study based on information and communication technology will be actively applied on the renewable energy fields.

Usability of Project Finance with Sinking Fund (감채기금을 이용한 프로젝트 파이낸스의 유용성)

  • Han, Sang Jun
    • International Area Studies Review
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    • v.15 no.3
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    • pp.369-392
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    • 2011
  • A pure project finance is exposed to high default risk because it is made solely based on the business value of the project. Project finance with sinking funds can reduce the high default risk, in that it uses sinking funds to ensure the principal without requiring collaterals or guarantees. In view of economic efficiency, this paper analytically compares project finance with sinking funds to usual project finance and derives the condition for its superiority in corporate tax saving. Because sinking funds generate the repayments for the principal with compounding interest rates, in terms of effectiveness, project finance with sinking funds is suitable for long-term projects whose period is longer than 10 years. Pension funds can be good sources for project finance with sinking funds, since they should be managed to ensure stable investment returns for long periods.