• Journal of Construction Engineering and Project Management
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• v.6 no.2
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• pp.8-15
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• 2016

Cost planning practices in the construction industry worldwide has gained much popularity in recent times due to economic recession and stringent measures that various procurement laws prescribe in most developed and developing countries. Nevertheless, these practices in developing countries such as Ghana are constrained with the existence of critical barriers that render them non-effective and hence, accounting for the numerous abandonment of both private and public projects. Consequently, this study was enunciated with the aim to examine the critical barriers to the practice of effective cost planning in the Ghanaian construction industry. Through an in-depth literature review and a pilot survey, questionnaires were designed and administered to quantity surveyors. Data generated from the field survey was subjected to principal component analysis. The findings of the study revealed weak cost planning knowledge base, poor cost databases and understanding, inadequate designs and planning and external conditions are the major barriers to cost planning practices in the Ghanaian construction industry. The need for this study cannot be doubted since it provides an insight for experts in the construction industry on the barriers of the practice of cost planning in the industry. The awareness of these barriers will therefore facilitate efficient and effective efforts to resolve them. A future study is thereby proposed by this study to explore effective cost planning practices in the Ghanaian construction industry that will ensure private and public stakeholders get value for their money invested.

• Korean Journal of Construction Engineering and Management
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• v.11 no.6
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• pp.65-77
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• 2010

Our nation's housing construction is given much weight over 32% in 2007 and especially apartment is taking over 67%. If we put into construction environment consideration, we are having a trouble with price cap policy and the realestate recession due to the global economic crisis. So in order to get competitive power and supply of cheap apartment, the necessity of cost saving is increasing. This research collected the past constructed apartment project's cost saving examples which were influencing on the construction cost, quality and time. We analyzed collected cost saving datum and assorted these in compliance with classification system. By analysis of correlation among datum with exclusion and integration, we make a propose cost saving Checklist that will be a base data to give a chance to use in working level and other research.

• Journal of Ocean Engineering and Technology
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• v.21 no.5
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• pp.55-60
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• 2007

Bellows are mechanical components which prevent the damage of system by absorption of the vibration and the displacement of axle and radial direction. Thermal piping system is expanded by the fluid of the high temperature from the heat engine inside. At this time, bellows prevent the damage of the piping due to the thermal expansion. Recently, design of bellows is required to fit some other operational environments which are not suggested in the E.J.M.A code book. And it is difficult to produce and to maintain bellows of high temperature and high pressure bemuse of its complicated shape and this causes the manufacturing cost to rise. The objective of this study is to determine optimum shape of bellows which can endure in the high temperature and high pressure. The maximum stress has an effect on the fatigue life of bellows, therefore it needs to be minimized. This study attempts to find a shape which minimizes the stress occurring in the bellows by the design of experiment. The model used in this study is not presented in the E.J.M.A code book, therefore, from the result of design of experiment we find the factors which give effects on the characteristic value and we presents the recession model using the RSM, which can predict the characteristic values depending on the change of factor values.

• Journal of Forest and Environmental Science
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• v.34 no.4
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• pp.293-303
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• 2018

Sumber Jaya (54,194 hectares) is a district in West Lampung, Indonesia, located at the upper part of Tulang Bawang watershed. This watershed is one major water resource for Lampung Province, but has become a focal point of discussion because of the widespread conversion of forestland to coffee plantations and human settlements which lead to environmental and hydrological problems. This research aimed to evaluate Sumber Jaya watershed affecting by rapid land use change using hydrological methods as a base for watershed management. Nested catchment structure consisted of eight sub-catchments was employed in this research to assess scaling issues of land use change impacts on rainfall-runoff connections. Six tipping bucket rain gages were installed on the hill slopes of each sub-catchment and Parshall flumes were installed at the outlets of each sub-catchment to monitor stream flow. First, unit hydrograph that expressed the relationship of rainfall and runoff was computed using IHACRES model. Second, unit hydrograph was also constructed from observations of input and response during several significant storms with approximately equal duration. The result showed that most of the storm flow from these catchments consisted of slow flow. A maximum of about 50% of the effective rainfall became quick flow, and only less than 10% of remaining effective rainfall which was routed as slow flow contributed to hydrograph peaks; the rest was stored. Also, comparing peak responses and recession rates on the hydrograph, storm flow discharge was generally increased slowly on the rising limb and decreased rapidly on the falling limb. These responses indicated the soils in these catchments were still able to hold and store rain water.

• Proceedings of the Korean Society of Soil and Groundwater Environment Conference
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• 2003.09a
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• pp.574-578
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• 2003

There are so many methods to estimate the groundwater recharge. These methods can be categorized into four groups. First groupis related to the water balance analysis, second group is concerned with baseflow/springflow recession, and third group is interested in some types of tracers; environmental tracers and/or temperature profile. The limitation of these types of methods is that the estimated results of recharge are presented in the form of an average over some time period. Forth group has a little different approach. They use the time series data of hydraulic head and specific yield evaluated from field test, and the results of estimation are described in the sequential form. But their approach has a serious problem. The estimated results in forth typeof methods are generally underestimated because they cannot consider the discharge phase of water table fluctuation coupled with the recharge phase. Ketchum el. at. (2000) proposed calibrated method, considering recharge- and discharge-coupled water table fluctuation. But the dischargeis considered just as the areal average with discharge rate. On the other hand, there are many methods to estimate the source wavelet with observed data set in geophysics/signal processing and geophysical methods are rarely applied to the estimation of groundwater recharge. The purpose this study is the evaluation of the applicability of one of the geophysical method in the estimation of sequential recharge rate. The applied geophysical method is called minimum entropy deconvolution (MED). For this purpose, numerical modeling with linearized Boussinesq equation was applied. Using the synthesized hydraulic head through the numerical modeling, the relative sequenceof recharge is calculated inversely. Estimated results are very concordant with the applied recharge sequence. Cross-correlations between applied recharge sequence and the estimated results are above 0.985 in all study cases. Through the numerical test, the availability of MED in the estimation of the recharge sequence to groundwater was investigated

• Journal of the Korean earth science society
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• v.30 no.5
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• pp.529-549
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• 2009

In 2007, just after the recession of the Changma, anomalously long rainy period (from July 30 to August 15) occurred in Korea. To identify the cause of the sustained rainy period, we performed synoptic analysis and the associated air motions. The behavior of each air parcel trajectory associated with atmospheric motion was then investigated. As a result, three particular phenomena occurring at latitudes lower than $40^{\circ}N$ were discovered. First, a mass of relatively cold air, referred to as E, made a deep intrusion from $20^{\circ}N$ to $60^{\circ}N$. Second, this intrusion was accompanied by another mass of air called dE. It was colder and drier than E and originated from the mid-troposphere over the tropical ocean. Third, dE and E rotated clockwise three times over a period of 17 days over the Northwestern Pacific and blocked the westerly waves imbedded in the zonal flow from propagating. Two additional phenomena were observed at latitudes higher than $40^{\circ}N$. First, the cold core system, while approaching from the west with low geopotential values at its center, was stagnated over Shanxi China. It enhanced the northward intrusion of dE and E, and then diminished. The subsequent low system showed similar evolution as the first one. Second, a warm core anticyclone was formed over Lake Baikal, blocking the westerlies for 13 days and contributed to the persistent northward incursion of warm moist air. Moreover, a horizontally extended intrusion of upper level clouds from the tropics to $50^{\circ}N$, which may be interpreted as a tropical plume, was found around the end of the period (from August 12 to 15, 2007) with successive tropical nights over Korea.

• Journal of Information Technology Services
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• v.16 no.2
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• pp.139-156
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• 2017

Since the global financial crisis of 2008, the continuous development and innovation in technology-related fields such as information and communications technology (ICT) are likely to swim against the recession. In this paradoxical situation, the necessity of financial innovation through ICT is on the rise. For this reason, the appearance of Fintech is more meaningful as a new converged industry with the potential to lead financial innovation. The term of Fintech is derived from combining 'Finance' and 'Technology.' In South Korea, one of the most popular types of Fintech is mobile payment. KakaoPay, which is the first mobile easy payment service in Korea, is a much more simplified type of mobile payment service than ones used in the past, and is provided by the most popular mobile messenger service in Korea, KakaoTalk. However, KakaoPay has few active users in spite of its many advantages, which include convenience, simplicity, and a powerful platform. Thus, the main purpose of this paper is to investigate influencing factors of user resistance on KakaoPay. In order to investigate specific factors, a research model is developed based on the unified understanding of user resistance put forth by Laumer and Eckhardt (2012). After gathering online survey data from KakaoTalk users, an empirical analysis is conducted to verify this research model. The results of this study give insights regarding user resistance factors in the Fintech sector, and by so doing, it is expected that the important factors of user resistance could help the diffusion of new services when new mobile payment services appear in the near future.

• Journal of the Korean Regional Science Association
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• v.15 no.1
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• pp.75-92
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• 1999

In this study, the present state of fiscal crisis for local governments after IMF is analyzed, firstly. its implications Characteristics of structural reform of finance after IMF bailout in Korea are examined, secondly. Since Korea was shocked by the currency crisis at the end of 1997, its local governments have also faced fiscal difficulties. The Depression of national and local economies led to decreases in tax revenues of local governments. And these shrunken revenues led to their expenditure cuts. Many investment plans were curtailed, and ordinary expenditures were also reduced sharply. The negative influences of the currency crisis on local government's finances can be examined in terms of fiscal revenue, fiscal spending, and debt burden. As a result many local governments are now experiencing fiscal stress, and some of them are even faced with fiscal crisis although the possibility of extreme measures, such as moratoriums or bankruptcies, is very slim. This is due in part to the weight of debt in local governments' budgets having remained small since the debt of local governments has been controlled by the central government. Another reason is that, central government, which functions as a lender of last resort for the local governments, will pay the debt for them. Also, without a legal system which stipulates the adjudication of bankruptcy for municipalities in Korea, local Korean governments have no legal right to declare bankruptcy. Although not a single municipality has fallen into insolvency, yet, this trend will continue to deepen as the recession continues and may lead to a situation where manu local governments fall into virtual bankruptcy in the near future, and its effects on society, as a whole, will be serious. Therefore, measures to prevent and overcome such an extreme situation are necessary, but both short-and long-term policies should be to cope with the current fiscal crisis and to prevent the deepening of the current situation.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.17 no.4
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• pp.440-447
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• 2016

Faced with the recent global economic recession, academics looked to the industrial B2B and B2C markets as potential new growth engines. In the B2B market, focusing on the relationship with customers, the relationship benefits are important, and institutional factors will affect the relationship and relationship values with customers. In this study, the relationship values between South Korea and Taiwan are compared by considering their national characteristics. By applying a mixed research method based on sequential exploratory design, 6 relationship values (supplier knowhow, service support, time to market, delivery performance, personal interaction, and product quality) are extracted. In particular, South Korea and Taiwan give priority to supplier knowhow and service support, respectively. Our research findings have both theoretical and practical implications for other emerging countries, as well as developed countries.

• Korean Journal of Construction Engineering and Management
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• v.16 no.2
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• pp.86-96
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• 2015

Real estate market has rapidly grown by active use of project financing in the early 2000s. However, many projects have been in trouble due to global economic recession after that period. It is mainly because those projects were pushed forward a business without comprehensive business feasibility analysis. This paper investigated current evaluation system for real estate development projects and then introduced new evaluation system including evaluation factor and criteria for real estate development projects to prevent implementation of the project without business value and to be able to evaluate potential projects in objective manner. This new evaluation system for real estate development projects can be applied to any type of real estate development projects by modifying evaluation items and weighting factor in accordance with the type and characteristics of project. Through the new evaluation system, the evaluation process for real estate development projects will be able to be standardized, be consistent, and the results of evaluation can be accumulated in consistent way.