• Title/Summary/Keyword: Project cost

Search Result 2,467, Processing Time 0.031 seconds

Determinants and Processes of IT Consolidation: A Case Study of Korean Conglomerates (IT 통합의 결정 요인과 과정: 국내 대기업들에 대한 사례 연구)

  • Zo, Hang-Jung;Song, Chan-Hoo;Han, Seung-Hun
    • Information Systems Review
    • /
    • v.10 no.3
    • /
    • pp.223-255
    • /
    • 2008
  • This study explores the determinants and processes of IT consolidation of Korean conglomerates. Through an extensive analysis of cases, this study identifies the drivers, benefits and critical success factors of IT consolidation, and observes the transition of vision for the IT service subsidiaries in the conglomerates. The results show that most firms in this analysis have completed the organizational, physical, and logical consolidation of their IT resources, and currently some of them are preparing for the next stage of IT consolidation such as rational consolidation and virtualization. It is also found that the strategic factor was one of the most significant determinants in consolidating IT resources which leaded the transition of vision of the IT service firms in the conglomerates from "cost center" to "profit center". The results of this study can provide a fundamental and empirical basis for building a theory of IT consolidation, and be used as a valuable benchmarking model for the organizations which consider starting a project of IT consolidation.

Inventory Management in Construction Operations Involving on-site Fabrication of Raw Materials (원자재 조립.가공과정을 갖는 건설공사 프로세스의 적정 재고관리 방안에 관한 연구)

  • Im, Keon-Soon;Han, Seung-Heon;Jung, Do-Young;Ryu, Chung-Kyu;Choi, Seok-Jin
    • Korean Journal of Construction Engineering and Management
    • /
    • v.9 no.1
    • /
    • pp.187-198
    • /
    • 2008
  • There are usually plenty of material inventories in a construction site. More inventories can meet unexpected demands, and also they may have an economical advantage by avoiding a probable escalation of raw material costs. On the other hand, these inventories also cause negative aspects to increase costs for storing redundant inventory as well as decreasing construction productivity. Therefore, a proper method of deciding an optimal level of material inventories while considering dynamic variations of resources under uncertainty is very crucial for the economical efficiency of construction projects. This research presents a stochastic modelling method for construction operations, particularly targeting a work process involving on-site fabrication of raw materials like iron-rebar process (delivery, cut and assembly, and placement). To develop the model, we apply the concept of factory physics to depict the overall components of a system. Then, an optimal inventory management model is devised to support purchase decisions where users can make timely actions on how much to order and when to buy raw materials. Also, optimal time lag, which minimizes the storage time for pre-assembled materials, is obtained. To verify this method, a real case is applied to elicit an optimal amount of inventory and time lag. It is found that average values as well as variability of inventory level decreased significantly so as to minimize economic costs related to inventory management under uncertain project condition.

Development of an Automated Gangform Climbing System for Apartment Housing Construction - Structural Stability and Tower Crane Lifting Load Analysis - (공동주택 전용 갱폼 인양 자동화 기술의 개발 - 구조적 안정성 및 타워크레인 양중부하 분석 -)

  • Lee, Jeong-Ho;Yang, Sang-Hoon;Kim, Young-Suk
    • Korean Journal of Construction Engineering and Management
    • /
    • v.13 no.4
    • /
    • pp.48-59
    • /
    • 2012
  • Gangform, compared to the traditional forms, is a systemized form which can reduce construction duration and cost by the advantage of using it repeatedly. However, transportation and climbing process of the Gangform is highly dependant on the performance of tower crane. Gangform climbing process takes one day out of six to seven days of a structural work cycle. Tower cranes can not be used in other lifting works when they lift the Gangform during the structural work cycle, causing the delay in the construction project. Numerous efforts and researches have been done in domestic and international industry to solve such limitations of Gangform climbing process. Especially, "A Study on the Development of Automatic Gangform Climbing System for Apartment Housing Construction"has suggested a conceptual model which can climb the Gangform system without a tower crane. In this paper, the technical and economical feasibilities of previously proposed Automatic Gangform climbing system are examined by evaluating its structural stability and lifting load reduction effect.

Design and Implementation of SQL Audit Tool for Database Performance (데이터베이스 성능을 위한 SQL 감리 도구의 설계 및 구현)

  • Liu, Chen;Kim, Taewoo;Zheng, Baowei;Yeo, Jeongmo
    • KIPS Transactions on Software and Data Engineering
    • /
    • v.5 no.5
    • /
    • pp.203-208
    • /
    • 2016
  • Information system audit is the requirement to configure the information system successfully. However, there is a problem with reduction of efficiency in the audit work when the system capacity is growing up. In the subsidiary field of information system audit, there is the same problem. In this paper, we will focus on the database audit, and implement an SQL audit tool in order to improve the performance of a database. During the designing phase of the SQL audit tool which aim to improve the performance of a database, we have analyzed the requirements of SQL audit work. Based on the aforementioned them, the process of the SQL audit tool has been designed with SQL audit features in accordance with information audit process. During the implementation phase, we have implemented 3 main function modules according to the output of the design phase. The main modules we implemented are the audit job definition module, audit job executing module and result reporting module. With the implemented tool, it applied to an Electric Power Corporation project in China and compared with other tools that are able to use SQL audit. In this paper, the implemented SQL audit tool is able to perform the general SQL audit work and to reduce the cost of the audit work for database performance and to raise the accuracy of result and to apply the extended inspection rule which need to use SQL parsing.

Development of Measurement and Evaluation Process for Risk-based Configuration Factors in Mixed Used Development in Urban Regeneration Projects (복합용도 도시재생사업에서의 리스크 기반 변화요인 측정 및 평가 프로세스 개발)

  • Son, Myung-Jin;Hyun, Chang-Taek
    • Korean Journal of Construction Engineering and Management
    • /
    • v.13 no.6
    • /
    • pp.94-106
    • /
    • 2012
  • In recent years, the risks and uncertainties associated with mixed used development in urban regeneration projects which have actively been implemented at home and abroad have been on the rise due to the uncertainties of the initial business plan, difficulty of financing, increase in total cost and schedule delay. To cope with rapid social and economic changes and optimize benefits, a risk-based configuration management process that considers life cycle is required, along with accurate planning in the early stage of the business. In addition, it is necessary to prepare measures that can respond to the evaluation and measurement of the configuration factors in relation to the business process. However, the focus of previous studies on configuration management in the field of construction was mainly on humanities and the sociological aspects such as organization, leadership, ideology and similar concepts. There has been limited research on the process and measurement and evaluation methods for configuration factors required in decision-making on the risks and changes that can occur in the actual project implementation phase. Accordingly, in this study, we defined risk-based configuration factors and developed a process and MECA/3DAM/CII methodology to measure and evaluate these factors so as to carry out systematic configuration management of mixed used development in urban regeneration projects.

Analysis of the abroad and domestic research trends on climate change and its economical effect on the power plant (기후변화협약 시행에 따른 대응 방안 및 발전분야 영향 분석)

  • Woo, Kwangje;Hwang, Jae Dong;Jeong, Seok Yong;Jang, Gil Hong
    • Clean Technology
    • /
    • v.7 no.1
    • /
    • pp.43-49
    • /
    • 2001
  • To meet $CO_2$ emission regulation, this study describes the present state of $CO_2$ reduction technology and the effect of the regulation on power industry. In Japan, R&D investment is actively continuing through a long-term R&D project, along with trying to meet the reduction demand by the ways of energy saving and abroad business. EU has made a lot of investments in increasing the efficiency of power generation and developing alternative energy sources. The US is making provision of the portion of reduction by using energy saving program and emission trading, and the current DOE-driven program is addressing the development of cost-effective power systems. In the country, the research to reduce $CO_2$ emission has been mainly driven by the government and research institute supported by the government. Meanwhile, if the reduction obligation imposed on Portugal which is the least strict condition will be enforced in Korea, it is likely that about 50 running power plants should be stopped or shut down after 2015, in spite of voluntary reduction efforts such as conversion to clean fuels, etc. according to the government's long-term electric power need and supply plan.

  • PDF

A Comparative Analysis of the Competitiveness of the Distribution Ship Industries of Japan and China (일본과 중국의 유통선박산업의 경쟁력비교분석)

  • Lee, Jae-Sung
    • Journal of Distribution Science
    • /
    • v.11 no.8
    • /
    • pp.31-37
    • /
    • 2013
  • Purpose - This study aims to strengthen the economic cooperation between Korea and Japan by studying the pattern of trade between them and identifying drawbacks. Thus, it aims to enable trade expansion by analyzing the factors that affect trade and identifying ways to improve them. If economic cooperation is improved, transport and communication costs, as well as the transaction cost of economic exchanges, can be minimized. Research design, data, methodology - The trade intensity index developed by the Japanese economist Yamazawa under his trade intensity theory was used to analyze the trade decision factor of Korea and Japan. Trade structure and decision factors were analyzed for the target period of 2000 to 2012, and the period ranging from 2000 to 2005 was compared with the period ranging from 2005 to 2012. This paper is an analysis of the resultant time series. The data were collected from Korea Traders Association, Korea Customs Office, and UN Comtrade (2000, 2005, 2012) and whole table indexes were calculated by the author. Trade related index was used to analyze the comparative advantage based on time-series analysis statistics data (2000. 2005, 2012) through an analysis of the trade intensity index (TII), revealed comparative advantage index (RCA), and trade specialization index (TSI). Results - The trade intensity index of the industries of Japan and Korea is 1.814 in 2000. The export ratio of Japan against China was slightly higher at 2.128. TII is indicated to be 1.600 in both 2005 and 2012, which means export ratio of Japan against China is considerably maintained in 2005; however, export ratio of Japan against China is diminishing gradually as its index is 1.600 in 2012. Second, as per the trade specialization index of the ship industry in Japan and China, TSI is indicated to be -0.818 in 2000, -0.308 in 2005, and -0.847 in 2012. Generally, it is still closer to -1 and especially, we can see it is more closer to -1 in 2012. Third, as per the revealed comparative advantage index of the ship industry in Japan and China, the RCA index in 2012 is 0.007, which is quite far from 1 as compared to the value in 2000 and 2005. Hence, the Japanese ship industry has a significant comparative disadvantage against the Chinese ship industry. Conclusions - Both countries invest most of their capital in the shipping industry. It is the shipping industry that receives the most capital investment in the two countries is invested and governmental policy funds are needed. As both countries have large shipping industries, this research project is very valuable. Japan and China are compared because they are Korea's neighbors. Also, Korea is strategically located in Northeast Asia and has a history of foreign intrusion from several countries. Therefore, the purpose of this research study is to understand the trade structures of both countries and intensify the economic cooperation between Japan and China.

Topic Modeling of News Article about International Construction Market Using Latent Dirichlet Allocation (Latent Dirichlet Allocation 기법을 활용한 해외건설시장 뉴스기사의 토픽 모델링(Topic Modeling))

  • Moon, Seonghyeon;Chung, Sehwan;Chi, Seokho
    • KSCE Journal of Civil and Environmental Engineering Research
    • /
    • v.38 no.4
    • /
    • pp.595-599
    • /
    • 2018
  • Sufficient understanding of oversea construction market status is crucial to get profitability in the international construction project. Plenty of researchers have been considering the news article as a fine data source for figuring out the market condition, since the data includes market information such as political, economic, and social issue. Since the text data exists in unstructured format with huge size, various text-mining techniques were studied to reduce the unnecessary manpower, time, and cost to summarize the data. However, there are some limitations to extract the needed information from the news article because of the existence of various topics in the data. This research is aimed to overcome the problems and contribute to summarization of market status by performing topic modeling with Latent Dirichlet Allocation. With assuming that 10 topics existed in the corpus, the topics included projects for user convenience (topic-2), private supports to solve poverty problems in Africa (topic-4), and so on. By grouping the topics in the news articles, the results could improve extracting useful information and summarizing the market status.

Formal Estimation Method for Optimal Budget Appropriation of Highway Construction Projects under Long-term Continuation Contracts (장기계속계약제도 하에서 고속도로공사 최적공사비 산출방안 정립에 관한 연구)

  • Koo, Bon-Sang;Yu, Jung-Ho;Park, Jong-Ho
    • KSCE Journal of Civil and Environmental Engineering Research
    • /
    • v.35 no.6
    • /
    • pp.1405-1412
    • /
    • 2015
  • In Korea, public infrastructure projects employ "long term continuation (LTC) contracts," which require budgets to be reevaluated and re-appropriated annually throughout the multi-year life of the project. However, such contracts also make it susceptible to frequently changing government policies, in which budgets required for existing projects are allocated to new projects and thus does not provide a consistent stream of capital to multi-year projects. Each year, the KEC needs to attain government funds for construction of its multiple highway construction sites. Because it is difficult to know the amount that may be actually appropriated to KEC in a given year, it is in turn difficult to anticipate and provide sufficient funds necessary for construction to run smoothly and continuously. The lack of a good logic for appropriation has resulted in projects having a skewed distribution of capital. To get better budget appropriations from the central government, the KEC first needs a systemized approach that rationalizes the annual construction capital optimally required for its individual sites. The goal of this research was to devise a way that allows the KEC to determine and calculate the optimal construction costs that would be required for its individual construction sites on an annual basis. Both the optimal progress rate and the essential work types were assessed through a workshop with 24 professionals (KEC employees and contractors) who had extensive experience in KEC projects and also were currently working in these projects.

A Study on the Inventory Estimation for the Activated Bioshield Concrete of KRR-2 (연구로 2호기 방사화 수조 콘크리트의 재고량 평가에 관한 연구)

  • Hong, Sang Bum;Seo, Bum Kyoung;Cho, Dong Keun;Jeong, Gyeong Hwan;Moon, Jei Kwon
    • Journal of Radiation Protection and Research
    • /
    • v.37 no.4
    • /
    • pp.202-207
    • /
    • 2012
  • The radioactivity inventory significantly affects all steps of decommissioning projects including planning, cost estimation, risk assessment, waste management and site remediation. The decommissioning project of the KRR-2 was completed in 2009 and a large amount of activated concrete waste was generated. The bioshield concrete, containing minute amount of impurity elements, was activated by neutron reaction during the operation of the reactor. A variety radionuclides was generated in the concrete, including $^3H$, $^{14}C$, $^{55}Fe$, $^{60}Co$ $^{63}Ni$, $^{134}Cs$, $^{152}Eu$ and $^{154}Eu$. In this paper, the comparison between the calculated results and previous measured results was carried out to estimate the inventory of the bioshield concrete of the KRR-2. The combined computer codes of MCNP5 and ORIGEN 2.1 for calculation of the distribution of neutron flux, cross-section and generation of radionuclides were used. The results were shown that 99.8% of the total radioactivity of $^3H$, $^{55}Fe$, $^{60}Co$ and $^{152}Eu$ in the bioshield concrete 12 years after shutdown. The effects on the variation of inventory were analysed depending on the operation periods and the cooling times in the bioshield concrete.