• Title/Summary/Keyword: Technical Value Evaluation

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Development of an Operation Model for Technical Proposal-Based Tender of Public Construction Projects (공공건설공사의 기술제안형 입찰 운영모델 개발)

  • Yu, Il-Han;Kim, Kyung-Rai
    • Korean Journal of Construction Engineering and Management
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    • v.9 no.2
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    • pp.136-145
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    • 2008
  • Recently the Ministry of Finance and Economy of Korea launched two new project delivery systems called "Best Value Contract (Design-Bid-Build)" and "Bridging Contract (Design-Build)" in October of 2007 by revising enforcement ordinances of "Act on Contracts to Which the State is a Party". These project delivery systems require the bidders to submit technical proposal adjusted to the project characteristics and objectives for selecting the contractor by evaluating technical proposals. This research aimed to suggest guideline to effectively operate the project delivery systems described above. To reach the goal of the research, the framework of the operation model was developed, which includes the four categories: the standard bidding process, the technical proposal requirements, the technical proposal evaluation criteria, and the award methods. The contents of the four categories above were fulfilled throughout conferring with the advisory experts. In particular, the award methods, which are the important decision-making factor in the perspective of the owner, consist of four types: Low Bid-Fully Qualified, Weighted Criteria, Adjusted Bid, and Adjusted Score. The quantitative features and application criteria of these four types of award methods were suggested throughout the simulation using the virtual case.

Discrimination of neutrons and gamma-rays in plastic scintillator based on spiking cortical model

  • Bing-Qi Liu;Hao-Ran Liu;Lan Chang;Yu-Xin Cheng;Zhuo Zuo;Peng Li
    • Nuclear Engineering and Technology
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    • v.55 no.9
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    • pp.3359-3366
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    • 2023
  • In this study, a spiking cortical model (SCM) based n-g discrimination method is proposed. The SCM-based algorithm is compared with three other methods, namely: (i) the pulse-coupled neural network (PCNN), (ii) the charge comparison, and (iii) the zero-crossing. The objective evaluation criteria used for the comparison are the FoM-value and the time consumption of discrimination. Experimental results demonstrated that our proposed method outperforms the other methods significantly with the highest FoM-value. Specifically, the proposed method exhibits a 34.81% improvement compared with the PCNN, a 50.29% improvement compared with the charge comparison, and a 110.02% improvement compared with the zero-crossing. Additionally, the proposed method features the second-fastest discrimination time, where it is 75.67% faster than the PCNN, 70.65% faster than the charge comparison and 38.4% slower than the zero-crossing. Our study also discusses the role and change pattern of each parameter of the SCM to guide the selection process. It concludes that the SCM's outstanding ability to recognize the dynamic information in the pulse signal, improved accuracy when compared to the PCNN, and better computational complexity enables the SCM to exhibit excellent n-γ discrimination performance while consuming less time.

Mitigating Uncertainty in the Boardroom: Analysis to Financial Reporting for Financial Risk COVID-19

  • JABBAR, Ali Khazaal;ALMAYYAHI, Aymen Raheem Abdulaali;ALI, Ibrahem Mohamed;ALNOOR, Alhamzah
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.233-243
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    • 2020
  • This study aims to assess the impacts of COVID-19 on International Financial Reporting Standards (IFRS), because of the problems associated with changing and amending the financial reports according to the policies established based on the circumstances of the epidemic. The study sample targeted several international financial reports that were amended based on epidemic conditions. The revised financial reporting period provides standardized reporting procedures for financial transactions worldwide despite the pandemic. Therefore, IFRS has been used to reduce challenges in financial reporting by monitoring the duration of social distancing while reporting matters to eliminate confirmed uncertainty and judgment. After analyzing the data obtained through global search engines, the results conducted provided evidence that COVID-19 affects financial reporting in companies around the world. Therefore, companies face difficulty reporting finances based on the challenging environment that the pandemic represents. Besides, IFRS fair value measurements consider the prices that were predicted according to current market values. The contexts of the changing the standards by IFRS to curb the effects of the COVID19 financial reporting was attained through evaluation of the online files that were randomly selected and filtered to obtain valid data.

Decision Methods for Evaluation of Alternatives (대안 평가를 위한 의사결정 기법)

  • Nam, Kie-Chang;Hong, Sang-Pyo
    • Journal of Environmental Impact Assessment
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    • v.9 no.4
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    • pp.363-372
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    • 2000
  • For any particular development project or environmental regulations, decision-making criteria is required and conflicts among criteria should be resolved. It is necessary to investigate criteria that government agencies employ in making decisions that influence the environment. The evaluation of alternative development proposals and regulatory measures involves much more than environmental issues. Economic, technical, and social factors should be considered along with environmental impacts when making evaluations. Evaluation should be based on values of all individuals who may be affected by public or private decisions. There are many evaluation methods for determining how individuals and groups value alternative public actions. Numerous weighting-scaling methodologies can be used in such evaluations. These methodologies represent adaptations of multiple-criteria or multiple-attribute decision-making techniques. Environmental risk assessment which accounts for uncertainties in choosing among alternative policies and projects is increasingly used.

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A study on the performance evaluation and technical development of an eco-environmental photovoltaic solar leisure boat with applied sail control device (접이식 풍력 Sail 돛 제어장치를 적용한 친환경 태양광 레져보트의 성능평가)

  • Moon, Byung-Young;Lee, Sung-Bum;Lee, Ki-Yeol
    • Journal of Advanced Marine Engineering and Technology
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    • v.40 no.3
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    • pp.240-248
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    • 2016
  • As a new technical approach, the achievement of an eco-environmental leisure boat with a photovoltaic system is attempted by simultaneously actuating nine photovoltaic solar panels, in association with an applied sail control system by use of wind. In this approach, the photovoltaic system consists of a solar module, an inverter, a battery, and relevant components, while the sail control device is equipped with a sail up/down and mast-turning instrument. Furthermore, this research conducts a performance evaluation of the manufactured prototype and acquires the purposed quantity value and the development purpose items. The significant items-sail up/down speed (seconds) and mast turning angle (degrees)-are evaluated during the performance test. In the process of the performance evaluation, a wind direction sensitivity of 90% and a maximum instant charging power of 900 W were also obtained. In addition, the maximum sail time is evaluated in order to acquire the optimum quantity.

Efficiency Review for the Evaluation Method and standard for High speed Railway Rail Fastening System (고속철도 레일 체결장치 성능 평가방법 및 기준검토)

  • Kim In-Jae;Kang Kee-Dong;Han Sang-Chul;Yang Shin-Choo
    • Proceedings of the KSR Conference
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    • 2004.10a
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    • pp.818-823
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    • 2004
  • In case of the Korea Railroad, when we would decide the track structure, it has been introduced the whole track structure system based on only the foreign application cases and data offered by manufacturers without the process of the objective performance verification. The value of property for track materials, derived from the calculation of track structure, was hard to perform the objective performance evaluation among track structure systems because each manufacturer adopted the different test method and standard. To solve the above-mentioned problem, it should suggest the technical and objective evaluation method about the performance of track materials and meet with the standard of High Speed railroad and international railroad through the establishment and revision of performance standard. In the objective and technical respects, it will be a major role to decide the track structure. In this paper, I would like to summarize the case which was improved the problem of test method and standard exposed from the performance verification of Rail Fastening System among the track structure systems of High speed railroad.

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Application of WCT(Wet Compaction Test) for Fiber Evaluation

  • Seo, Yung-B.;Ha, In-Ho;Lee, Chun-Han
    • Journal of Korea Technical Association of The Pulp and Paper Industry
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    • v.38 no.5 s.118
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    • pp.9-15
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    • 2006
  • Wet compaction test (WCT) is a fiber evaluation method where wet fibers are compressed at one side of a cylinder and water drains out from the other side. The consistency of the fiber furnishes and their pressures are recorded during the test. In the previous study we found that WCT results always gave better coefficients of determination in fiber furnish drainage, and paper properties (density, tensile, tear, and burst strength) than those of WRV (water retention value). Fiber freeness and fiber length correlated well with drainage and tear strength of the furnishes, respectively; however, their correlations were very much improved by combining the WCT results. In this study, we used the WCT test for fractionated fiber furnishes to see whether improvement of the WCT is possible. We found that strength properties such as breaking length and burst index were correlated better with the fractionated long fiber furnishes. Drainage was greatly affected by the presence of short fiber furnishes. We used bleached chemical pulps (SwBKP, HwBKP), recycled pulp (OCC), and mechanical pulp (BCTMP) as fiber furnishes in this study. Fiber fractionation can be performed on-line in these days by using multifractor and WCT can be used as an on-line test in papermachine in the future.

A Study on the Effect Factor of End User's Satisfaction for Smart Work System's Success : Focused on P Corporation (스마트워크 시스템 성공을 위한 사용자 만족의 영향요인에 대한 연구 : P그룹사를 중심으로)

  • Jung, Chang Hyun;Hwang, Chan-Gyu;Hong, Soon-Geun
    • Journal of Information Technology Applications and Management
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    • v.20 no.3_spc
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    • pp.259-278
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    • 2013
  • At the center of the repeating evolution of IT industry, there is mobile computing in the ubiquitous environment, and the increasing usage of smart phones contribute more to its growth. P corporation co-developed with Google and implemented smart work system called SWP for the purpose of 'communication and collaboration with co-workers' beyond the general goal of increasing productivity and comfort of employees. The primary objective of this study is to objectively analyze the influence of the effect factor from end user's perspective and user satisfaction on SWP usage, intention for continuous usage and individual performance. To accomplish this research purpose, this study established research models and hypothesis by collective review about information system success models, and tested the research hypotheses using the structural equation modeling technique by data collected from 320 SWP system users of P corporation. Variations for system satisfaction evaluation standard are 1)SW system usage 2) intention for continuous usage 3) individual performance, effect variations are 1) social factors 2) technical factors 3) combination of social and technical factors. Therefore, this study is about influence factors on success of SWP system and how the factors impact the outcome. The test results of this research model is summarized as follows. Firstly, system user's satisfaction had positive impact on all three; SWP system usage, intention for continuous usage and individual performance. Secondly, social factor 'SWP control system' and technical factor 'information quality' and 'system quality' had positive impact on SWP system user satisfaction, while social factor 'shared value' and technical factor 'service quality' did not have significant effect on user satisfaction. Shared value however, had interactive effect with 'information quality' and 'service quality'. This study is expected to contribute to spread of academic research on smart work system by suggesting a model that can show important factors for corporation while explaining the successful implementation of SWP and its continuous usage.

A New Economic Evaluation for Demand-Side Resource using Lighting Dimming Control for the Electricity Suppliers in Competitive Electricity Markets (조광제어를 활용한 전력판매회사 관점의 수요관리자원에 대한 새로운 가치평가 연구)

  • Kim, Jin-Ho;Kim, Seong-Cheol;Nom, Young-Woo
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.23 no.4
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    • pp.8-15
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    • 2009
  • In this paper, a new demand-side evaluation for the technical potential of lighting dimming control and its applications in electricity markets have been presented. The California standard practice test has been widely used to estimate the economic value of demand-side resources. However, as the advent of deregulation and restructuring of power industry, the California test has been facing some limitations to adopt in the new market environments. In particular the conventional DC test is appropriate for the traditional vertically integrated utility, not for the restructured unbundled utility. Thus, this paper presents a new method to evaluate the economic value of demand-side resource, especially of controllable lighting dimming resource in terms of the energy service provider in market environments. We, therefore, first estimate the technical potential of the lighting dimming control and evaluate the value of the lighting dimming control based on the Korean electricity market data in 2006. The study result shows that the lighting dimming control is a cost effective option for the energy service provider.

Technology Valuation of National R&D Project used SMART3 (SMART3를 이용한 국가연구개발사업 기술가치평가: K연구단 사례 연구)

  • Kang, Dong-Il;Yoon, Sung-Yong
    • Journal of Digital Convergence
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    • v.12 no.11
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    • pp.81-87
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    • 2014
  • In this study, along with the expansion of the national R&D projects, by analyzing the case of K research center of Land and Transport R&D projects, and was evaluated in the value of technology. The evaluation of the value of technology, were analyzed using the SMART3 targeting patents K research center indicate best technical aspects have registered. Analysis technical value of research center K, was found to have maintained the same level as the average of about of Land and Transport R&D projects. The significance of this study is that it was approached by more concrete approach of valuation of technology principle of national R&D projects. We expect that the study of evaluation method and diverse objective to achieve the intended purpose of the national R&D projects are carried out more.