• Journal of Information Processing Systems
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• v.1 no.1 s.1
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• pp.79-85
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• 2005

In this paper, we dealt with substantial asset analysis methodology applied to two-dimensional asset classification and qualitative evaluation method according to the business process. Most of the existent risk analysis methodology and tools presented classification by asset type and physical evaluation by a quantitative method. We focused our research on qualitative evaluation with 2-dimensional asset classification. It converts from quantitative asset value with purchase cost, recovery and exchange cost, etc. to qualitative evaluation considering specific factors related to the business process. In the first phase, we classified the IT assets into tangible and intangible assets, including human and information data asset, and evaluated their value. Then, we converted the quantitative asset value to the qualitative asset value using a conversion standard table. In the second phase, we reclassified the assets using 2-dimensional classification factors reflecting the business process, and applied weight to the first evaluation results. This method is to consider the organization characteristics, IT asset structure scheme and business process. Therefore, we can evaluate the concrete and substantial asset value corresponding to the organization business process, even if they are the same asset type.

• International conference on construction engineering and project management
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• 2009.05a
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• pp.380-387
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• 2009

In the past, many state Departments of Transportation (DOTs) in the U.S. managed their highway assets on a "worst first" basis and planned their highway projects in a tactical rather than strategic fashion. Due to increasingly tight highway budgets and recognition of long term benefits of asset management systems, the Federal Highway Administration (FHWA) has strongly pushed and encouraged state DOTs to implement asset management for managing their highway assets and highway projects. Currently, many DOTs have actively implemented and are in the process of applying this asset management concept for their highway infrastructure. However, different DOTs are developing different asset management systems because of their different organizational structures, data management structures, relationship with the legislature, and investment priorities. This study first identifies asset management indicators which are essential to successfully implementing asset management systems for State highway assets. The research team conducted a survey of asset management experts and reviewed the practices and policies of leading DOTs in asset management. Based on these indicators, this study develops an Asset Management Assessment Model (AM²) for different asset management systems. This model can be used by different DOTs to evaluate their current asset management systems and identify their strong areas and also their weak areas to improve in order to fully benefit from the advanced concept of asset management.

• Journal of Service Research and Studies
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• v.5 no.2
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• pp.35-49
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• 2015

The purpose of this paper is to see what the problem is and what the direction of the strategy of asset management after this study has analyzed asset management status of nonlife insurance companies according to interest rate trends, analyzing in time series asset state, management asset lists, asset distribution state, securities list and total asset yield of Nonlife insurance companies during year 2009~2014. As the study result, nonlife insurance companies have managed assets in stability than profitability according to safety asset was increased, but risky asset was decreased. Performance rate of total asset was dropped according to interest rate declined trends. Trend between stock index and performance rates of total asset was not accord. The correlation coefficient between interest rate and performance rates of total asset was highly plus, but the correlation coefficient of KOSPI and performance rate of total asset showed minus.

• East Asian Economic Review
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• v.24 no.1
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• pp.89-124
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• 2020

Even with the sizable Foreign Exchange (FX) holdings and good credit ratings of its top assets, Asia remains vulnerable to various shocks. This paper highlights the limited cross-border asset pledgeability as a significant factor for the lingering vulnerability in Asia. The dichotomy in asset holdings between pledgeable FX and non-pledgeable domestic assets in major economies in Asia has been the source of increasing stabilization costs as well as weakened market momentum in the region. Specifically, the peculiar feature of asset holdings in Asia reflects seriously deficient cross-border asset pledgeability that is left unaddressed. Asset pledgeability contributes toward financial stability via three channels: 1) capital market development by recognizing the role of collateral, 2) increased shock absorption capacity via collateral management, 3) and the newly activated safe asset provision. Therefore, it is crucial to go beyond the usual market development strategy and expand the overall asset pledgeability in the region that has remained unduly depressed.

• Analyses & Alternatives
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• v.3 no.1
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• pp.135-157
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• 2019

The linkages between asset prices and macroeconomic outcomes are long-standing issue to both economists and monetary authorities. This paper explores the impact of asset prices on output and price in China. It focuses on the impacts of asset prices on the low quantiles of GDP gap and high quantiles of price gaprespectively. The main findings are the following: the influence of stock price gap, stock returns, and money growth on the different quantile of GDP gap and price gap are noticeable different, and there are significant impacts on the left tail of GDP gap distribution and on the right tail of price gap distribution. This implies that the results coming from simple regression will underestimate the economic risk imposed by asset price volatility. Moreover, these results also provide the caveat that one should cautiously distinguish the meaning of asset price gap and asset price growth rate and use them, through their contents are similar in some sense. One implication for monetarypolicy is that authority should interpret the relationship between asset prices and macro-economy in wider perspectives, and make the policy decision taking the impacts of asset prices on the tails of economy.

• Information Systems Review
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• v.3 no.2
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• pp.245-260
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• 2001

While past knowledge management researches have focused on conceptualization and strategic implications, knowledge asset researches attempt to provide practical guidelines for companies. However, each research classifies knowledge asset from its own perspective, and thus it is not a trivial task to leverage consistent and inclusive criteria in managing corporate knowledge asset. The objective of this paper is to develop a knowledge asset classification schema on the basis of the three business functions: customer relationship management, product innovation, and infrastructure management. To demonstrate the feasibility of our schema, it has been applied to 9 Korean corporations. Knowledge assets are evaluated according to core capabilities, which are main drivers of sustainable competitive advantages. The results of case study show that the leveraged classification schema reflects current knowledge asset management and characteristics of corporations. Our finding is that most top-quality knowledge management corporations are likely to develop well-balanced knowledge asset.

• Korean Journal of Remote Sensing
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• v.23 no.5
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• pp.465-471
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• 2007

Many hospitals have been considering new technology such as wireless sensor network(WSN). The technology can be used to track the location of medical devices needed for inspections or repairs, and it can also be used to detect of a theft of an asset. In an asset-tracking system using WSN, acquiring the location of moving sensor nodes inherently introduces uncertainty in location determination. In fact, the sensor nodes attached to an asset are prone to failure from lack of energy or from physical destruction. Therefore, even if the asset is located within the predetermined area, the asset-tracking application could "misunderstand" that an asset has escaped from the area. This paper classifies the causes of such unexpected situations into the following five cases: 1) an asset has actually escaped from a predetermined area; 2) a sensor node was broken; 3) the battery for the sensor node was totally discharged; 4) an asset went into a shadow area; 5) a sensor node was stolen. We implemented and installed our asset-tracking system in a hospital and continuously monitored the status of assets such as ventilators, syringe pumps, wheel chairs and IV poles. Based on this real experience, we suggest how to differentiate each case of location uncertainty and propose possible solutions to prevent them.

• Proceedings of the KSRS Conference
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• 2007.10a
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• pp.357-360
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• 2007

An asset tracking using wireless sensor network is concerned with geographical locations of sensor nodes. The limited size of sensor nodes makes them attractable for tracking service, at the same time their size causes power restrictions, limited computation power, and storage restrictions. Due to such constrained capabilities, the wireless sensor network basically assumes the failure of sensor nodes. This causes a set of concerns in designing asset tracking system on wireless sensor network and one of the most critical factors is location uncertainty of sensor nodes. In this paper, we classify the location uncertainty problem in asset tracking system into following cases. First, sensor node isn't read at all because of sensor node failure, leading to misunderstanding that asset is not present. Second, incorrect location is read due to interference of RSSI, providing unreliable location of asset. We implemented and installed our asset tracking system in a real environment and continuously monitored the status of asset and measured error rate of location of sensor nodes. We present experimental results that demonstrate the location uncertainty problem in asset tracking system using wireless sensor network.

• Journal of Convergence for Information Technology
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• v.7 no.5
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• pp.111-116
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• 2017

In this paper, we propose a method to measure the complexity of assets when a software component is constructed as a basic asset, a standardized design model is acquired, and a reusable extended asset is designed based on the standardized design model. However, each asset of our proposed asset management system consists of composite assets that combine assets of two domains. So this method can not make accurate measurements. Therefore, the complexity of the overall asset can be measured by reflecting the property value of the basic asset stored under the architecture. In conclusion, it is possible to measure the composite-complexity of a composed asset that is inversely proportional to cohesion and proportional to the cumulative sum of the associated values of each asset in the asset-related design.

• International conference on construction engineering and project management
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• 2013.01a
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• pp.576-582
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• 2013

Typical highway infrastructure systems include roadway pavement, drainage systems, tunneling, and other hardware components such as guardrails, traffic signs, and lighting. Tunnels in a highway system have provided significant advantages to overcoming various natural challenges including crossing underneath bodies of water or through mountainous areas. While only a few tunnel failure cases have been reported, the failure rate is likely to increase as these assets age and because agencies have not emphasized tunneling asset management. A tunnel system undergoes a deterioration life cycle pattern that is similar to other infrastructure systems. There are very few agencies in the United States implementing comprehensive tunnel asset management programs. While current tunnel asset management programs focus on inspection, maintenance, and operation safety, there is an increasing need for the development of a comprehensive life cycle tunnel asset management program. This paper describes a conceptual framework for a comprehensive tunnel asset management program. The framework consists of three basic phases including a strategic plan, a tactical plan, and an operational plan to provide better information to the decision makers. The strategic plan is a basic long term approach of tunnel asset management. The tactical plan determines specific objectives and the operational plan actually applies asset management objectives in practice. The information includes operational condition, structural condition, efficiency of the system, emergency response, and life cycle cost analysis for tunnel capital improvement project planning.