• Journal of Korea Port Economic Association
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• v.23 no.3
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• pp.29-51
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• 2007

The purpose of this study aims to explore shipowner's lost profit and its claim resulted from delay in redelivery under time charter with the Achilleas case. In this case, the charterers submitted that there was an established prima facie measure of damages in cases of late delivery, namely the difference between the market rate and the charter-party rate for the period from the time when the vessel should have been delivered until the time of her actual redelivery. An award for lost profit in respect of a subsequent charter could only be made under the second limb because the charterers had not been told, at or before the making of the addendum, that the owners were going to enter into a subsequent fixture and that it was critical that redelivery take place on time. However, the owners said their losses that was a not unlikely consequence of the charterers' breach. There was no special rule that the first limb could only lead to damages calculated by taking the difference between the market and the charter-party rate for the overrun. To award damages in the Achilleas case on the basis of the difference between the market and the charter rate for the overrun would compensate the owners for only a fraction of the true loss caused by the breach.

• Korean Journal of Food Science and Technology
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• v.33 no.6
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• pp.676-681
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• 2001

This study was carried out to evaluate the quality characteristics of frozen soy yogurts prepared with different proteolytic enzymes and starter culture. The viable cell counts of lactic acid bacteria in frozen soy yogurts were measured $10^8$ CFU/g by the single culture method, while $10^9$ CFU/g by the mixed culture method except ${\alpha}-chymotrypsin$ treatment. The viable cell counts of lactic acid bacteria did not decrease after freezing for 30 min in ice cream maker. The lactic acid bacteria from the mixed culture showed better bile acid tolerance than those from the single culture. The lactic acid bacteria from the frozen soy yogurt prepared with ${\alpha}-chymotrypsin$ and mixed culture of Bifidobacterium bifidum and Lactobacillus bulgaricus showed better acid tolerance and bile acid tolerance. The highest(73.45%) overrun was observed in the frozen soy yogurt treated with ${\alpha}-chymotrypsin$ and mixed culture of B. bifidum and L. bulgaricus. The melt-down percent was higher in the single culture than the mixed culture. In sensory test, the frozen soy yogurt prepared with ${\alpha}-chymotrypsin$ and mixed culture of B. bifidum and L. bulgaricus was the most desirable, the highest scores in sourness, bitterness and mouthfeel.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2015.11a
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• pp.164-165
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• 2015

Modular construction technique is an adaptation of factory-based mass production concept in ordinary manufacturing industries to construction industry and it assumes that panels, units, etc. are fabricated in factories and assembled in construction sites. Given its structural limitations, modular construction technique is primarily used in low-story buildings whose maximum height is usually five stories, but researchers are actively studying possible adaptation of modular construction technique to high-rise building designs these days as in the case of infill-type modular construction design. Infill-type modular construction technique, most frequently used in high-rise building construction projects, completes frame construction first in reinforced concrete structures and fills unit modules in such structures. However, infill-type modular construction technique leads to longer construction schedule accompanying increase in construction cost, cost overrun due to additional of temporary work, and possible damage to units in the wake of facility construction. Accordingly, this study is performed as a basic study for the development of bottom-up infill-type modular construction technique intended to construct structural frames and fill in units sequentially in a bid to address such drawbacks of current infill-type modular construction technique.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.419-422
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• 2002

The features of modem construction industry can be summarized as specialization, complexity, and large-scale. Therefore, increasing uncertainty of construction project can not be effectively dealt with traditional method used for construction cost management. Cost overrun affects on successful execution of managing construction project in a negative way. Therefore, accurate estimation is a priori for effective cost management. First, this work analyzes the previous cost estimation model for the effective cost management. Then, a standard structure required for developing the cost estimation model for site development was presented. In addition, the cost estimation model which can be used in planning and design phases was introduced by analyzing real site development projects.

• Journal of Electrical Engineering and Technology
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• v.10 no.5
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• pp.2170-2178
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• 2015

This paper presents the effective and reliable speed control of PMDC motors under variable loads and reference speeds. As is known DC motors are more preferred in industrial practices. This is that, the PMDC motors don’t require brush and commutator care and to increase in torque per motor depending on developments in power electronics. In this study, proportional-integral controller (PI) and fuzzy logic controller (FL) have been designed for speed control of PMDC motor. In the design of these controllers, characteristics such as minimum overrun time, response time to the load, settling time and ideal rise time have been taken into consideration for better stability performance. In this design, the best system response was searched by examining the effect of different defuzzification methods onto the fuzzy logic system response. In conclusion, it has been seen that FL controller has a better performance for variable speed-load control of PMDC motor compared to PI controller.

• Journal of the Korean Society of Systems Engineering
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• v.10 no.2
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• pp.71-79
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• 2014

To enhance success probability of a system development project, its overall risk level should be minimized through systematically managing schedules, costs, and technical performances. However, Attempts to manage technical performance compared to numerous efforts to control costs and schedules in such projects are deficient. Particularly, a space launch vehicle, a large complex system, development project is much less likely to meet its technical performance objectives due to its technological difficulty, along with schedule delay and cost overrun. The technical performance management (TPM) is a method for tracking and managing technical progress in order to achieve technical performance targets within schedule and budget. In this paper, we investigate applications of the TPM in several space launch vehicle development projects. Then we propose and validate the TPM process to achieve a successful mission in such projects.

• Journal of the Korean Society for Railway
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• v.12 no.1
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• pp.135-143
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• 2009

The majority of development projects fail to meet their target schedule and cost, with the overrun typically between 40 and 200 percent. These overruns happen because the planners underestimate the work or do not consider the need to rework at project planning. Representative schedule planning/management techniques such as Gantt Chart, PERT/CPM etc. that are used in domestic project planning are unable to reflect rework. This paper proposes a method to consider rework to provide more realistic estimates at schedule planning. Additionally, to prevent the underestimation of the work this paper proposes a simulation method that calculates a probabilistic estimated schedule and the associated variance based on the random variable modeling of individual task completion dates.

• Journal of the Korea Institute of Building Construction
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• v.12 no.3
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• pp.299-314
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• 2012

One of reasons for introducing Building Information Modeling (BIM) is to support clash detection tasks by means of a 3D product model. In the conventional construction project process, clashes have been found during construction phase. However, it can cause cost overrun and time delay. In order to investigate and correct clash detections at design phase, relevant business process and guide for this task should be provided. This study aims to identify hindrances in clash detection tasks at the design phase and analyze its current process using IDEF0 model. Despite the convenience of IDEF0 as a systems analysis tool, professional participants might have difficulties to understand their own tasks according to business process. For this reason, in this research, Business Process Model and Notation (BPMN) is introduced to provide ideal process and required decision making governance. The provide BPMN model will provide insights for a BIM-based collaborative environment to enhance the constructability through the construction project.

• Journal of Construction Engineering and Project Management
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• v.4 no.3
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• pp.33-46
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• 2014

Delay is the most common problem in the construction industry. It has many negative effects on project's success in terms of time, cost, quality, and safety. From the literature review, a total of thirty-five factors of delay were selected. These factors were divided into seven groups related to materials, manpower, owner, consultant, contractor, construction, and external problems. This study was carried out to identify the main causes of delay for a construction project through their importance level. The importance level was determined based on the frequency of occurrence and severity of impact. The structured questionnaire has distributed to the respondents who have much experience in construction management in Bangladesh. The results of analysis indicated that top five factors of construction delay according to their level of importance are: (1) price of construction materials increased very rapidly, (2) political situation (revolution/ public strikes), (3) shortages of skilled workers, (4) poor site management and supervision by contractor, (5) incompetent/ immature subcontractors. These findings of this study are expected to be significant contributions to Bangladesh construction industry in controlling current performance of project on time overrun.

• Journal of Information Technology Applications and Management
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• v.12 no.1
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• pp.213-229
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• 2005

Cost overrun or schedule delay of the software development project happens frequently despite that software developers continue to make every effort for the effective management of the projects. Previous researches have ascertained that these problems are ascribed to the uncertainty of projects and the improper management of the projects. The purposes of this research are to investigate the impacts of user participation and task interdependence on the performance of the projects and also to find out the appropriate project management method to improve the project performance. Even though the model fitness of the path model is proved to be very high, the verification of the hypotheses showed a variety of results including the four verifications and the one refutation of the hypotheses as well as the suggestion of one alternative hypothesis. The contribution of this research is that the integration model is proposed and verified, comprising the relationship among the user participation, the task interdependence, and the performance of software development projects. A project manager can utilize the implication of this research for an effective management of software development project.