• Proceedings of the KSR Conference
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• 2006.11b
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• pp.1418-1422
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• 2006

The project of advanced urban transit system development is developing the advanced vehicle and the core technologies for the cost down by system change, the transport safety and the environmental friendliness and the improvement of passenger service. The product data management system is installed for management of each project. Various data and informations producted from each project are made for database. Therefore, we develop the product data management system.

• International conference on construction engineering and project management
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• 2005.10a
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• pp.802-807
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• 2005

For linear projects, it has long been known that resource utilization is important in improving work efficiency. However, most existing scheduling techniques cannot satisfy the need for solving such issues. This paper presents an optimization model for solving linear scheduling problems involving resource assignment tasks. The proposed model adopts constraint programming (CP) as the searching algorithm for model formulation, and the proposed model is designed to optimize project total cost. Additionally, the concept of outsourcing resources is introduced here to improve project performance.

• Asia pacific journal of information systems
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• v.23 no.2
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• pp.41-66
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• 2013

IS outsourcing has an important meaning to the Korean SME's (Small and Medium Enterprises) which want to use the IS Services. The objective of this research is to manage IT risks occurred during IS outsourcing project process. This study tries to identify these risks using real option methodology. In order to perform this objective, this study set up the research model which is composed of two main concepts. The first one is the risk factors occurred during IS outsourcing project process: User's Risks, Supplier's Risks and Transaction's Risks. All of these risks are based on Transaction Cost Theory. The second one is the intention to get (or buy) Real Options to manage the risks. In the research model, two types of real option are included: option to abandon (put option) and option to defer (call option). This study uses questionnaires and statistics methodology (PLS) to analyze the hypotheses proposed in the research model. Compared with prior studies, this study is different in two ways. First, this study restricts the range of IT risks. Prior researches of IT Risk management in MIS area cover various range of IT risks, but this study focuses on the Korean SME's IT outsourcing risks on the basis of Transaction Cost Theory. This study tests the relationship between the risks and real option types. Second, this study tries to test the moderating effect of user's risks and supplier's risks on the relationship between transaction's risks and real option types. In IT outsourcing research area, almost studies focus on the direct relationships between IT risks and outsourcing success. But in reality, the co-relationship among IT risks may occur. There are some findings according to the research analysis. First, risks related with user's risks have strong causal relationships with the intention to get option to abandon (put) and option to defer. But risks related with supplier's risks have causal relationships only with option to abandon (put). Second, user's risks and supplier's risks have no moderating effect on the relationship between transaction's risks and real option types. According to the research results, this research have some important and interesting implications on the IS outsourcing business area. First, this study identifies the effective types of real option to minimize the risks occurred during the IT outsourcing projects. So IS outsourcing service users can manage (or minimize) effectively the risks, which occurred during outsourcing projects, using real options. Second, real option gives benefits to suppliers and users at the same time (i.e., win-win strategies between IS outsourcing service providers and users). Vendors (:IS outsourcing service providers) can offer users the real options which can minimize the occurrence of risks in time. "IN TIME" means that before the IS outsourcing project starts, vendors can offer users the opportunity to buy real options in appropriate prices to manage the possibility of the risks of IS outsourcing project. And users also have chance to minimize the IT outsourcing risks occurred during the project process using real options.

• Korean Institute of Interior Design Journal
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• no.16
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• pp.91-97
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• 1998

We have been taught designing process throughout the long period of education. Nevertheless it is hard to make a quick response to actual project However if we are faced with the actual project as a design professionals it is hard to cope with the project at once nothing but ambiguous idea. Also most of designers concemed with the project do not recognize who are responsible for what. Consequently this attitude delays the entire operation causing waste of time and resources and leads to the unacceptable result. This research is designed therefore to come up with the projects control process that is practical enough to encourage interior designers as well as design firms to face actual projects with shrewd response. There is of course no single right answer to certain design projects. But at least there should be a guideline which shows designers more reasonale systematic ways to control design project lest they should waste time and cost : a guideline as an assistance for successful design result.

• Proceedings of the KSR Conference
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• 2011.05a
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• pp.1604-1611
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• 2011

Light Rail Transit(LRT) is a large scale complex system which combines rolling stocks, power supply, signal communication, tracks & stations, and hundreds of billions of wons per project are spent for construction. Therefore efficient integration of sub-systems is very important. The systems engineering is a good method to reduce the cost and risk of LRT project. In this paper, we introduce a research plan on the application of systems engineering to LRT project. We, Korea Railroad Research Institute(KRRI), launched a research program with 4 companies, which is support by the governmen and project period is 4.5 years. Main research topic is to develop the technology for the application of systems engineering technical process to LRT project based on ISO/IEC 15288.

• Journal of the Korean Professional Engineers Association
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• v.26 no.3
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• pp.69-79
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• 1993

This paper explains about general considerations and project management for a State of the Art utility supervisory systems. [1] The implementation and management of a supervisory system design project requires both a dedication of resources and application of good communications in order to be suc-cessful. [2] Success is on time delivery of a system to a satisfied customer at the proposal cost, [3] The recent experience of a company plus the collected comments from a number of ex-perienced control center project management provide a guideline for the company who is considering such a project. The Comments reflect typical situations or decision points faced by the project Manage.[2] This paper also attempts to help engineers in the task of specifying buying, and instal-ling a supervisory system[1]

• Architectural research
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• v.14 no.3
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• pp.109-116
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• 2012

In order to shorten construction duration in high-rise project, construction company tried to make various system method toward simplifying construction method and shortening construction duration. Though high-rise tower-type residential project are growing, there are few case study. Then, the data for preliminary schedule planning in high-rise tower-type residential project are rare. This purpose of research shows construction method in structural work in high-rise tower-type residential project, suggests schedule planning in structural work through case studies. The structural work in high-rise tower-type residential project was divided 1) completion of form in lower part and 2) the typical floor under penthouse. The statistical analysis were done in two parts, the data from analysis were used in simulation. Finally, researcher confirmed the difference between real construction duration and the figure from simulation. The results shows that the more construction duration is long, the less ACS's cost is low. It means the effectiveness is increasing in ACS, if the floor number is high.

• Asian Journal of Innovation and Policy
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• v.5 no.2
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• pp.197-207
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• 2016

This paper seeks to measure the monetary value of technical development in the deep seabed manganese nodule mining by applying the compound option model (COM). The COM is appropriate for the project in terms of its decision-making structure and embedded uncertainty. The estimation results show that the deep seabed mining project has more economic potential than shown by the previously obtained results from the discounted cash flow (DCF) analysis. In addition, it is reasonable to invest in the project taking the various uncertainty factors into consideration, because the ratio of the value to the cost of the project is far higher than one. This information can be utilized in national ocean policy decision-making.

• Korean Journal of Construction Engineering and Management
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• v.7 no.5
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• pp.177-190
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• 2006

Construction projects are facing delay problems. Delays in construction have been immense effect on performance or satisfactory delivery of the project. Delays have been causing project cost overrun as well as it is a source of dispute hence damaging the relationship between the project participants. The purpose of this study was to explore the causes of delay risk through a field survey study. Data were collected from construction professionals working in owner, consultant and contractor organizations. All together 208 questionnaire instruments were used and analyzed by employing statistical tools (SPSS computer program). 19 delay factors were identified by this study, out of which following factors were critical: Frequent interruptions from public (local people, pressure group etc.), changed site condition, failure to provide required construction site, unrealistic project time estimation and design errors.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.30 no.4
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• pp.1-12
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• 2007

Motorola developed the framework of six sigma in 1987. In these days, many companies adapt this powerful tool. In 1996, six sigma was introduced to the Korean companies as a management innovation tool. This study shows case study of 'Champion Project' which was adopted on one Korean company. The champion project is directed by the leader who has a champion belt. The project focus on the processes optimization problem or resource concentration problem to solve critical issues inside of the process. This case study shows the result of champion project. The effect was encouraging in the aspect of effectiveness and efficiency. The most important point of this study is an introduction of the third generation six sigma which was successively adopted on the Korean company.