• Title/Summary/Keyword: Project cost

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The Economic Feasibility Analysis of Crop Cultivation Practice Project in Pirganj and Kurigram Districts, Bangladesh (작물재배기술의 경제적 타당성 분석 : 방글라데시 피르간즈군과 쿠리그람군 사례)

  • Tabassum, Nazia;Lim, Jae-Hwan;Gim, Uhn-Soon
    • Korean Journal of Agricultural Science
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    • v.35 no.1
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    • pp.85-100
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    • 2008
  • The United States Department of Agriculture (USDA) funded collaborative project on The Economic Feasibility Analysis of Crop Cultivation Practice Project in Pirganj and Kurigram Districts in Bangladesh will started during 2008-2012, for 4 years with total project cost of US$ 571,270. The project will be implemented in 6 villages; has 1,097 hectares areas which is divided into 948 hectares of agricultural land, 52 hectares of forest land and 345 hectares of other land, covered 1,059 households equal to 5,305 persons in Pirganj and Kurigram districts The project has proposed to be implemented in joint collaboration by Bangladesh Agricultural Research Council (BARC), Bangladesh Agricultural Research Institute (BARI) and Rangpur Dinajpur Rural Service (RDRS) Bangladesh with full participation of the farmers' groups of respective project site. The specific objectives of the project are: (1) to estimate the productivity of paddy, wheat, maize, tobacco and sugarcane (2) to determine the cost of production and returns to the above mentioned crops (3) to study the interrelationship between inputs and output of the above mentioned crops and (4) to examine the resource utilization patterns at farm level. In this project analysis, the net incremental profit is US$33,028. The expected incremental project benefit and incremented production cost are estimated as US$ 219,959 and US$ 186,931 respectively. The financial decision making criteria would be followed in this crop cultivation practice project. After the project implementation, the expected project benefits are assumed to be continued for 15 years. The benefit cost ratio (B/C) of the project is estimated at 1.077 (table 11) when using discount rate of 10% as an opportunity cost of capital in Bangladesh. FIRR of project is estimated at 26.15% which is bigger than the opportunity cost by more than double. So this project is financially feasible and acceptable. Therefore, this project should be extended to other areas to increase the farm income and economic growth of marginal poor farmers in Bangladesh.

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Optimal growth conditions and economic analysis of sea cucumber releasing

  • Lee, Cheol;Choi, Sang Duk
    • Fisheries and Aquatic Sciences
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    • v.23 no.4
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    • pp.11.1-11.11
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    • 2020
  • We tried to find the optimal growth conditions of sea cucumber and to analyze the economic effectiveness of the sea cucumber seedling release project in Korea. We first examined the optimal growth conditions of sea cucumber in the relating literatures. Then, we analyzed the economic effectiveness of the sea cucumber seedling release project of the Woncheon fishing village union of Gyeongnam Province in 2016-2018 by using the cost benefit analysis method. The net income of the release project of the Woncheon fishing village union was 69,850 Korean won. The benefit to cost ratio of the sea cucumber seedling release project of the Woncheon fishing village union was estimated to be 1.7, indicating that the project was economically feasible. In order to improve the economic feasibility of the sea cucumber release project, as we see in the case of the Woncheon fishing village union, it is necessary to manage the purchase of the sea cucumber seedling, to improve the recapture rate of sea cucumber, and to manage marketing of sea cucumber.

Affect of Scaling Up a Project to the Implementation in Software Development Process (소프트웨어 개발 시 프로젝트의 크기가 구현에 미치는 영향)

  • Jeong, Moon Jae
    • Smart Media Journal
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    • v.1 no.4
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    • pp.79-83
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    • 2012
  • In software development process, increasing the size of project(scaling up) is not a same problem as scaling up the parts of small project. Scaling up a project should accompany the communications, and cost, productivity, qualities, development activity, methodologies etc should be considered with it. In this paper, the effective usage of the important elements are discussed in order not to fail to scale up a project.

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A Study on Fashion Show Project Management with the Aud of the Network Technique (네트웍 기법에 의한 패션쇼 프로젝트의 관리 모형에 관한 연구)

  • 양리나
    • The Research Journal of the Costume Culture
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    • v.6 no.3
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    • pp.21-33
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    • 1998
  • A project manager is required to have systematic knowledge in the project management in fashion and apparel industry. The Network Technique is a modern project management technique and applies to almost all industry sectors, including fashion and apparel industry. Through the Network Technique, we can save project time and cost. The purpose of present study are - to introduce the Network Technique into fashion and apparel industry management area, and - to make an practical application of he Network Technique to fashion and apparel industry. For these purpose, fist we define the Network Technique, and then we apply it to fashion show as an example. Only time component is considered in this study. Cost component can be dealt with later on in the project planning area.

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Project Performance Comparison Based on Different Types of Project Delivery System (사례연구 분석을 통한 발주방식별 성과비교)

  • Lee, Soo-Kyong;Jung, Young-Soo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2011.05a
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    • pp.207-209
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    • 2011
  • Numerous reports show that alternative project delivery systems (PDSs) such as design-build (DB), construction management at risk (CMR), and design-build-maintain (DBM) are increasingly used in many countries. This study compared characteristics of each PDS (design-bid-build (DBB), DB, CMR, or DBM) by analyzing quantitative data from 9 research articles. In order to compare characteristics between DBB and alternative PDSs, the study is based on principal 3 factors - Time, Cost, and Quality. DB shows the best performance in the time part and also the cost performance depending on facility type and project size. The performance of quality has minor difference among different PDSs. These results support the fact that using an appropriate PDS by the characteristic of a project makes high value of efficiency and productivity.

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Integrated Planning Process Implementation Method Based on the Cost, Schedule, and Technical Performance (비용, 일정 및 기술적 성과를 고려한 통합 계획수립 프로세스 구현 방안)

  • You, Yi-Ju;Park, Young-Won
    • Journal of the Korea Institute of Military Science and Technology
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    • v.10 no.3
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    • pp.100-108
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    • 2007
  • The purpose of the research is to propose an integrated project planning process and its implementation method. Although there is increasing interest in the application of the Earned Value Management(EVM) method in the project management area, the progress and maturity of the technical performance have not been included in assessing the Earned Value. The main concept of the planning process is to use cost, schedule, as well as the technical performance in the assessment of the Earned Value Management for Military R&D project management practices. The resulting process can enhance the efficiency of the project work by eliminating the currently duplicated activities between traditional project planning process and the newly implemented Earned Value Management process and by shortening the early planning process duration of projects adopting EVM practices.

A CASE STUDY OF CONSTRUCTION ENGINEERING FOR CABLE SUPPORTED BRIDGE BY COLLABORATIVE SYSTEM

  • Jung-Min Nam;Sung-Ho Kim;Jae-Hong Kim
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.586-590
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    • 2011
  • This paper presents the case study of the CE by collaborative system and proposes a model of the CM group for the cable supported bridge. The cable supported bridges have a large project scale and need a high level of construction method. Therefore an advanced construction management system is required for successful completion of project. The construction management (CM) group which control design management, construction plan, subcontract, technical support and R&D is organized for the cable supported bridge project. The CM group established a collaborative system with construction site and drew an effective management of cost, process, quality, safety for each project. Furthermore, the CM group established the procedure of construction management based on the construction engineering (CE) items and performed the project management on the construction phase. Efficiency of cost reduction and site control is maximized by using a collaborative system.

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Sensititivity Analysis For Development Of Gulf Of Alaska

  • Pak, Ee-Tong
    • 한국해양학회지
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    • v.11 no.2
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    • pp.57-63
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    • 1976
  • It was attempted to analyze the sensitivity of the oil prospect place named MARIA which placed inside Gulf of Alaska. For the analysis, P6031090, ECOANA( computer) which installed in the head office, Shell Oil Co was used and the data needed for computer programming were 1) Unit of Production data 2) Production Schedule 3) Total Gross Yearly Expenses and 4) Total Gross Capital and so on. The important data among the computer output 1) PVPAT (Present Value After Tax): $1,167,077,500 2) Payout After Tax: 3.14 Years (256,284,810 BBL Production) 3) Earning Power: 42% (After Tax) 4) PVPAT/BBL : $1.22 5) Capital/BBL : $2.00. On the other hand, the effect acted upon PVPAT with varying the Platform cost, Facility cost, Pipeline cost and Well cost was observed in comparion with the basic for range from 50% to 200%. Resultantly, the order was 1) Pipeline cost 2) Facility cost 3) Well cost 4) Platform cost for range form 100% to 200%. This project was completed by the contract with Shell Oil Co., and the geological data needed for this analysis were given by the head office and the development project started from Jan. 1976.

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A Cost Estimation Model for Highway Projects in Korea

  • Kim, Soo-Yong;Kim, Young-Mok;Luu, Truong-Van
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2008.11a
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    • pp.922-925
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    • 2008
  • Many highway projects are under way in Korea. However, owners frequently find that the project cost exceeds the budget and they are unable to identify the underlining reasons. The main purpose of this research is to develop cost models for transportation projects in Korea using the multiple linear regression (MLR). The data consist of 27 completed transportation projects, built from 1991 to 2001, The technique of multiple regression analysis is used to develop the parametric cost estimating model for total budget cost per highway square meter (TBC/$m^2$). Findings of the study indicated that MLR car be applied to highway projects in Korea. There are twf) major contributions of this research. (1) the identification of transportation parameters as a significant cost driver for transportation costs and (2) the successful development of the parametric cost estimating models for transportation projects in Korea.

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Analysis on the Construction Cost of Steel Truss Stadium (철골 트러스 스타디움 구조물의 공사비 분석)

  • Jang, Myung-Ho;Sur, Sam-Yeol
    • Journal of Korean Association for Spatial Structures
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    • v.7 no.2 s.24
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    • pp.75-82
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    • 2007
  • Building costs means capital costs which include cost of land, cost of acquiring and preparing the site, construction costs, engineering fees, furnishings, cost of financing the project, and cost of management required to run and maintenance the building for use. An economic analysis is one of the most important factor to determine the project feasibility. The purpose of the this study is to analysis on the construction cost structure of steel truss stadium.

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