• Title/Summary/Keyword: Project Value Objective

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The Problem of the Quality of the Predecessor Activity on the Time and Cost of the Successor Activity in the Project Schedule - Project Schedule with Resource Constraints - (프로젝트 일정에서 선행활동 품질이 후행활동의 시간과 비용에 미치는 문제 - 자원제약이 존재하는 프로젝트 일정문제 -)

  • Kim, Gab Sik;Bae, Byeong Man;Ahn, Tae Ho
    • Journal of Korean Society for Quality Management
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    • v.50 no.2
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    • pp.265-286
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    • 2022
  • Purpose: The time and cost of a project activity exists in a selected mode and there is a quality level for the selected mode, and the time and cost of the current activity is determined by the quality level of the preceding activity. When an activity is a predecessor activity of an activity, it is characterized as a trade-off problem in which the time and cost of the activity are determined according to the quality level of the activity. Methods: A neighbor search heuristic algorithm obtains a solution by (1) randomly determining the mode, quality level, and assignment order for each activity. (2) get a solution by improving the solution by changing the possible modes and quality levels; (3) to find a solution by improving the solution from the point where it is feasible to advance the start time. Here, Case[1] is a method to find the optimal solution value after repeating (1). Case [2] is a method for finding a solution including (1) and (2). Case [3] refers to a method for finding solutions including (1), (2), and (3). Results: It can be seen that the value of the objective function presented by the algorithm changes depending on how the model of the heuristic algorithm is designed and applied. In other words, it suggests the importance of algorithm design and proves the importance of the quality problem of activities in the project schedule. Conclusion: A study significance of the optimization algorithm and the heuristic algorithm was applied to the effect of the quality of the preceding activity on the duration and cost of itself and the succeeding activity, which was not addressed in the project schedule problem.

The Method of Value System Management to support decision-making of Urban Regeneration Project (도시재생사업의 의사결정 지원을 위한 가치체계 관리 방안)

  • Kang, Hyun-Koo;Yu, Jung-Ho;Kim, Chang-Duk;Son, Bo-Sik
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.4
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    • pp.139-150
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    • 2009
  • Objective of Urban regeneration is a recovery of urban utilities through a physical, environmental, cultural, industrial and economic regeneration. The current paradigm of urban regeneration is not a simple redevelopment as physical redevelopment or improvement. This study is proposed that value system management applied the benefit management, value system, Quality Function deployment for a value conflict of urban regeneration. There is a reason to conflict value that value system is unstructured. Because this study is proposed to establish the process of value system, and applied this process to Se-woon 4th area urban regeneration project. This study is analyzed to divide value system of urban regeneration program into city level, district level, zone level in district. An analysis of value system obtained through '2020 urban master plan', 'the downtown recreate a comprehensive plan', 'Se-woon New town plan'. It is proposed that value system management method through Between values correlation analysis and the order of priority deduction. These are obtained to use Delphi technique and Analytic Hierarchy Process(AHP)

A Development of Railroad R&D Project Performance Analysis Method (철도사업 성과분석 표준매뉴얼 개발)

  • Jin, Il-Kyoung;Yoo, Jae-Kyun;Byun, Ji-Young
    • Proceedings of the KSR Conference
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    • 2011.10a
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    • pp.472-476
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    • 2011
  • Railway R&D technology development projects for the economic value of technology development does not mention the estimated economic impact on future policies must reflect the issues that are raised. In the research phase of technology development by providing value and economic effects can increase the utilization of technology development are considered. However, some items in some way to analyze and quantify its effect on what the procedures are not standardized, not as needed by individual researchers and analysis by providing a variety of reliability problems can occur. Therefore, the development of technologies to measure the value and economic impact analysis and the development of a standardized manual is needed. In this paper, development of railway technology R & D performance (technical, economic) to be estimated by an objective analysis of standardized and that man should aim to create. And the standard manual of the national economic effect in the development of technologies (production inducement effect, the effect of import substitution industries, including analysis using the taxable year), due to technology development and economic benefits (investment in railways in the handbook and the feasibility of the proposed railway project to produce various ally standards), technology development, and on which to base the valuation will.

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Characteristic Analysis for Weight Values of Evaluation Items by Traffic Safety Project Type (교통안전사업 유형별 평가항목의 가중치 특성분석)

  • Lee, Heewon;Lee, Jisun
    • International Journal of Highway Engineering
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    • v.20 no.1
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    • pp.147-156
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    • 2018
  • PURPOSES : The purpose of this study is to analyze the characteristics of the weight values of evaluation items by traffic safety project type. METHODS : In general, a large-scale investment in projects such as the traffic safety project requires economic analyses to be performed in advance. However, there is an argument for considering special characteristics of the traffic safety project. Therefore, this study conducted characteristic analysis of the weight values of evaluation items. The analysis consisted of two steps. The first step was hypothesis verification using analysis of variance (ANOVA). In this process, the authors examined whether the weight of evaluation items is the same regardless of the traffic safety project type. Based on the first step's results, the authors proceeded to the second step. The objective of this step was to analyze how different the weight values are by traffic safety project type using an analytic hierarchy process. RESULTS : According to the ANOVA test results, the benefit to cost ratios have different weight values based on traffic safety project type at the 0.01 significance level. The policy evaluation items, such as the plans connection, resident opinion, and regional equity, also showed the same results except that the result for the related plans connection was statistically significant at the 0.05 level. Based on the first step's result, the AHP analysis in the second step showed that the traffic safety projects for vulnerable users and pedestrians have very low weight values in economic evaluation factors compared with other safety project types. The weight values for vulnerable users and pedestrians were 0.29 and 0.26, respectively, in economic evaluation items. On the other hand, the weight values for other safety project types were around 0.6. Among the policy evaluation items, resident opinion showed a higher weight value than other factors, such as connection and regional equity items. CONCLUSIONS : The social and economic impact of a traffic safety project varies by project type and project characteristics. Although the economic approach is overarching and a reasonable methodology is applied for large-scale projects, it should be noted that the safety issue, especially for transportation of vulnerable uses, requires a non-economical approach. Based on the analysis results, this study suggests that the priority of the projects should be determined by separating them into independent assessment groups depending on their characteristics.

Environmental Impact Assessment for Development Projects Considering Carbon Sink and Sequestration(I) - Focused on a Solar Power Plant Development Project - (탄소흡수원을 고려한 개발사업 환경영향평가 방안(I) - 태양광발전소 건설사업 사례를 중심으로 -)

  • Hwang, Sang-Il;Park, Sun-Hwan
    • Journal of Environmental Impact Assessment
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    • v.19 no.6
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    • pp.625-631
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    • 2010
  • The objective of this work was to investigate how carbon sink and sequestration of vegetation and soil in the development project area can impact the land use plan, in addition to carbon emission capacity of the development project when we conduct environmental impact assessment. Especially, we did this work for a development project of solar power plant which would be constructed in forest area. Through this work, we found that 1) the amount of carbon sink and sequestration largely decreased due to reduction of the green area, 2) in terms of carbon sink and sequestration, conservation of natural green area is better than construction of newly vegetated area, 3) biochar application into soil can become an alternative for increase of carbon sink, and 4) even though a solar power production does hugely reduce carbon emissions and offset the carbon sink and sequestration capacity from the forest, it is necessary to consider the public value of the forest(reduction of heat island, habitat etc.) in siting for development area.

Comparative Analysis of Track Ballast Structures based on Value Engineering (가치공학에 기초한 궤도도상구조의 비교분석)

  • Baek, Jae-Wook;Song, Yoo-Seob;Park, Tae-Hyo
    • Proceedings of the KSR Conference
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    • 2007.05a
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    • pp.295-302
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    • 2007
  • The objective of this paper is to evaluate the proposed design by the Value Engineering (VE) analysis for the gravel ballast and the concrete ballast track structures. However, reliabilities about the VE analysis results based on Life-Cycle Cost(LCC) has not been fully benefited from VE implementation due to disregard of basic principles and lack of systematic performance measurement systems. In this paper, the VE analysis using the Delphi survey of professional group is proposed to decide reasonable determinants for investment and alternative design in construction project of railway tracks. Moreover, the efficiency of VE analysis is invested by an application of the developed methodology to track structures.

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A Study for Verification of the Performance Index Model of EVMS in Credible Interval (신뢰구간상에서 EVMS 성과지수모델의 검정에 관한 연구)

  • Kang Byung-Wook;Lee Young-Dai;Park Hyuk;Chun Yong-Hyun
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.478-481
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    • 2002
  • In these days, Cost and Scheduling was managed effectively because of introduction of EVMS to construction project. However the EVMS is appropriate methods to advanced country, so it is difficult to apply into domestic construction project. in this paper weighted value n, m was used of compositive index(CI) to forecast Estimate At Completion (EAC) using statistical analysis in credible interval the objective of this paper is to verify compositive index(CI) and to forecast Estimate At Completion (EAC).

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A Study about Restoration to the Original State Modern Building in Incheon Public Garden(Jayu Park) (인천만국공원 내 근대건축물 복원사업연구)

  • Shon, Jang-Won
    • Journal of The Korean Digital Architecture Interior Association
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    • v.7 no.1
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    • pp.21-28
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    • 2007
  • Incheon City move onward re-modeling about Jayu Park(public park) in Incheon city. The building restoration must equip all data which are necessary to a restoration and it must be advanced and, currently the project which is advanced is not like that. The place objective which evaluates the restoration possibility of the modern time building where this dissertation is included consequently in project contents it is letting. The evaluation result data is not secured not to be, the restoration is impossible. Also simplicity reappearance of the building where the function disappears without being true feelings characteristic is there is not a possibility of having a construction value. The modern time building restoration which Incheon City it propels consequently it is right to be discontinued.

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Six Sigma Project Selection Integrated into the Business Strategy (경영전략과 통합된 6시그마 과제 선정 방안)

  • Hur, Won-Suk;Kim, Dong-Chun;Jang, Joong-Soon
    • IE interfaces
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    • v.16 no.spc
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    • pp.1-6
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    • 2003
  • This study deals with the problem of selecting 6 sigma projects. Traditionally, such selection was based on CTQ (critical to quality) or COPQ (cost of poor quality) derived within business units. Since the objective of 6 sigma is to achieve business goals in a short period, 6 sigma projects should be selected and carried out in coincidence with the whole company's strategies. This paper proposes two methods of selecting 6 sigma projects: one is to identify CTQ's by analyzing the company's BSC's (balanced score card) and then deploying them into subunits of the company and the other is to identify those projects with large hidden COPQ or cost of waste by applying value stream analysis and process model simulation to derive process cost models.

A Study on Relative Comparison of R&D Performance Using ANP Model (ANP 모델을 이용한 연구개발 성과의 상대적 비교에 대한 연구)

  • Jung, Uk
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.33 no.2
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    • pp.89-96
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    • 2010
  • This study explores the application of the analytic network process (ANP) approach for the evaluation of R&D projects with heterogeneous objectives. The ANP model in this study produced the final priorities of projects with respect to several performance measures when there are interdependencies between research objectives and performance measures. The paper provides value to practitioners by providing a generic model for R&D project evaluation. The ANP approach is tested against empirical data drawn from fourteen R&D projects under six different objective programs sponsored by the Korean government.