• Title/Summary/Keyword: feasibility

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Integration of the Feasibility Assessment Procedure and EIA of the Big Public Investment Project : In the Case of the Saemangeum Reclamation Project (대규모 공공투자사업의 경제적 타당성 평가와 환경영향평가 통압 방안 - 새만금 간척사업을 사례로 -)

  • Choi, Mi-Hee
    • Journal of Environmental Impact Assessment
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    • v.11 no.2
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    • pp.93-107
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    • 2002
  • The choice of big public investment project needs an appropriate feasibility analysis before it is implemented, bemuse a rot wisely chosen one would bring about big and longrun societal costs. But the feasibility analysis for the big public investment project in Korea has been done without linking the economic benefits and environmental damages. Consequently social conflicts arose frequently during and after project implementation, owing to such concerns asincreasing costs and serious ecological damages. The recent social conflict over the Saemangeum Project is a typical case. This reclamation project began in 1991 and finished 60% of the whole process in 1999, when its feasibility was again assessed under the public pressure by the joint assessment team consisting of both citizen's and government's professionals. Even the assessment report by this joint team could not show the convincing results owing to the improper assessment procedure and failure to set proper feasibility criteria. This paper pointed out the limitations of our current procedure of feasibility assessment and identified the concrete problems that atosee during the recent reassessment process of the Saemangeum reclamation project by the joint team. In order to improve the current problem-ridden practices, it is concluded by the policy recommendation for establishing a right feasibility assessment procedure for the public investment projects.

A Study of Assessment Method for Site Feasibility of Municipal Solid Waste Incineration (생활폐기물소각장의 입지타당성 평가기법)

  • Lee, Mu-Choon
    • Journal of Environmental Impact Assessment
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    • v.6 no.2
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    • pp.123-135
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    • 1997
  • The solid waste incineration facilities which cause environmental pollution. And those are some kind of loathing facilities for residents who do not want it. This problem could be solved by location feasibility study. The purpose of location feasibility study was to determine one site out of three candidate sites. This study which was done by the law, environmental and economic factor was considered for optimum site selection. Comparative evaluation among the candidate sites was done by ordinal scale and thus the optimum site was selected.

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On Stable Convergence in Infeasible Interior-Point Methods (비가능 내부점 방법에 있어서 안정적 수렴에 대하여)

  • 설동렬;성명기;박순달
    • Journal of the military operations research society of Korea
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    • v.25 no.2
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    • pp.97-105
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    • 1999
  • When infeasible interior-point methods are applied to large-scale linear programming problems, they become unstable and cannot solve the problems if convergence rates of primal feasibility, dual feasibility and duality gap are not well-balanced. We can balance convergence rates of primal feasibility, dual feasibility and duality gap by introducing control parameters. As a result, the stability and the efficiency of infeasible interior-point methods can be improved.

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Economic Analysis for a Tidal Power Plant Project using RETScreen - Focused on the Tidal Power Plant in Asan Bay (RETScreen을 활용한 조력발전 개발사업 경제성 분석 - 아산만 조력발전소 사례를 중심으로 -)

  • Kim, Min-Ock;Jeong, Keun-Chae
    • Korean Journal of Construction Engineering and Management
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    • v.14 no.4
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    • pp.152-163
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    • 2013
  • In this research, we analyse the economic feasibility of a tidal power plant project which can efficiently generate mass, permanent, predictable, and homogeneous electric power. For the economic feasibility analysis, we used the RETScreen that is developed at the CANMET Energy Technology Center in Natural Resources Canada and widely utilized for analysing the economic feasibility and sensitivity of clean energy projects. Results from the feasibility and sensitivity analysis showd that the tidal power plant project in Korea has a enough economic feasibility, and its feasibility increases more as certified emission reductions price and electricity unit price increase. Based on the results from the feasibility study, we can solve the energy problems to be come in near future by constructing the tidal power plants in Korea more aggressively.

A financial feasibility analysis of architectural development projects that use probabilistic simulation analysis method (확률론적 시뮬레이션 분석방법을 적용한 건축개발사업의 재무적 타당성 분석)

  • Lee, Seong-Soo;Choi, Hee-Bok;Kang, Kyung-In
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.3
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    • pp.76-86
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    • 2007
  • Construction development work invents profit as those finalize object, and a make or break success of project depends on correct analysis and forecast business feasibility at project early. Business feasibility study would be decision-making under precarious situation because is connoting uncertainty that is future. estimate at present visual point essentially. Under uncertainty, a decision-making method is based on probability theory of statistics, but business feasibility study had applied with not feasibility study by probabilistic decision method but it by determinism derision method so far. Therefore in this study doing decision-making by a probability theory method for successful project at early business feasibility study, it present a probabilistic study method that use simulation that can supply a little more correct and reliable data to decision-maker As result, a probabilistic study method is more suitable than deterministic study method as technique for a financial feasibility study of construction development work. Making good use of this probabilistic study method at important business or careful decision-making, because efficient Judgment that is based accuracy and authoritativeness may become available.

A Study on the Feasibility Assessment for Selecting Recreation Forest Sites: The Case of Gwangju-si in Gyeonggi-do (휴양림 조성 대상지 선정을 위한 타당성 평가 연구 - 경기도 광주시를 중심으로 -)

  • Seo, Jung-young;Yeom, Sung-Jin
    • Journal of Environmental Science International
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    • v.28 no.11
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    • pp.959-969
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    • 2019
  • This study sought to contribute to the revitalization of local economy by developing a natural recreation forest, which is the base of ecotourism recreation, through utilizing forest resources and the natural environment of Gwangju-si. The study conducted a feasibility assessment through on-site surveys such as the suitability of the candidate sites, location analysis, and possibility of damage to the forest, before developing recreation forest sites in Gwangju-si and, based on the result, selected appropriate subject sites. The candidates for this study were 5 forest sites such as one site in the Mokheon-dong area, two in the Docheok-myeon area, and one in the Toechon-myeon area. For this study, the current status of the natural recreation forest was surveyed, its feasibility index and assessment process were investigated, and the local status and related regulations of Gyeonggi-do and Gwangju-si were reviewed. The final subject sites were selected after feasibility assessment utilizing assessment index in order to evaluate the candidate sites. The feasibility assessment was conducted after three separate on-site surveys for each candidate site between October 2018 and January 2019 utilizing "The Feasibility Assessment Criteria for Natural Recreation Forest (Notification 2018-71)" of the Korean Forest Service. The items instrumental to the feasibility assessment were classified into landscape, location, water system, induction of recreation, and development condition; the assessment was made after redefining each item into detailed items. Through this process, the Usan-ri area was selected as the final site for developing natural recreation forest, having obtained more than 100 points according to "The Feasibility Assessment Criteria for Natural Recreation Forest" of the Korean Forest Service. In order to develop natural recreation forest in the Usan-ri area in the future, further discussion is necessary with the relevant departments in consideration of the degree of ecological zoning map.

Improvement of Total Floor Area Planning for the Feasibility Study on the Establishment of a General Hospital - Focused on Pre-feasibility Study of KDI Case Analysis (종합병원 건립 타당성 조사의 연면적 계획 개선방안 - 공공의료기관 재정사업 예비타당성조사 사례를 중심으로)

  • Cho, Junyoung
    • Journal of The Korea Institute of Healthcare Architecture
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    • v.30 no.1
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    • pp.37-44
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    • 2024
  • Purpose: The planning of medical facilities involves formulating a comprehensive medical basic plan, translating it into spatial dimensions through a space program. Feasibility assessment often relies on empirical methods like floor area per bed. However, with the shift towards specialized medical concepts, proportional scaling to bed numbers is challenging. This study proposes scale planning improvements during the feasibility assessment stage for comprehensive hospitals, analyzing cases using area determination factors and standard areas based on medical resources. Methods: The Korean Development Institute's Public Investment Management Center (KDI) identified issues in the scale determination of medical facilities in the Preliminary Feasibility Study Guidelines and investigated alternative approaches for determining the scale of a case that passed the preliminary feasibility study in 2019. The study assessed the feasibility of applying individual factors to determine not only the number of beds but also the scale at the sector and department levels. Additionally, a statistical analysis was conducted to examine the correlation between the total number of beds and various area determination factors. Results: Results suggest a strong correlation between total beds and major equipment needs, but in hospitals with <500 beds, this correlation weakens. Ward section scale is better calculated per ward type, not just total beds. Outpatient department scale depends on specialists, influencing treatment room numbers. Medical personnel play a crucial role in determining the scale of sections like rehabilitation therapy rooms, operating rooms, dialysis rooms, and overall facility scale.

A Study on Feasibility Evaluation for Prognosis Systems based on an Empirical Model in Nuclear Power Plants

  • Lee, Soo Ill
    • International Journal of Safety
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    • v.11 no.1
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    • pp.26-32
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    • 2012
  • This paper introduces a feasibility evaluation method for prognosis systems based on an empirical model in nuclear power plants. By exploiting the dynamical signature characterized by abnormal phenomena, the prognosis technique can be applied to detect the plant abnormal states prior to an unexpected plant trip. Early $operator^{\circ}{\emptyset}s$ awareness can extend available time for operation action; therefore, unexpected plant trip and time-consuming maintenance can be reduced. For the practical application in nuclear power plant, it is important not only to enhance the advantages of prognosis systems, but also to quantify the negative impact in prognosis, e.g., uncertainty. In order to apply these prognosis systems to real nuclear power plants, it is necessary to conduct a feasibility evaluation; the evaluation consists of 4 steps (: the development of an evaluation method, the development of selection criteria for the abnormal state, acquisition and signal processing, and an evaluation experiment). In this paper, we introduce the feasibility evaluation method and propose further study points for applying prognosis systems from KHNP's experiences in testing some prognosis technologies available in the market.

Development of an Automatic System for Feasibility Studies on Transport Investment

  • Eom, Jin Ki;Lee, Kwang Sub;Lee, Jun;Moon, Dae Seop
    • International Journal of Railway
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    • v.5 no.4
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    • pp.144-147
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    • 2012
  • New transport technologies have been rapidly developed and various transport systems are ready to introduce. However, there no exists effective decision making tools for pre-feasibility studies on transport systems. The pre-feasibility studies should provide reliable solutions about whether a certain transport system is feasible or not by cost-benefit analysis and effectiveness test of enhancing regional economy. This study introduces the smart transport investment/information system (SMARTIS) for supporting decision making with ease, fast and reliable methods. The SMARTIS incorporates travel demand estimates into the process of feasibility studies with automatic data processing methods to give reliable solutions quickly. The SMARTIS is expected to be informative for transit agencies, planners, and operators.

A Study on Feasibility Analysis and Alternatives for Infrared Detector Development (적외선 검출기 개발가능성 및 대안분석 연구)

  • Min, Sung Ki;Kim, Chul Whan;Kim, Kyoung Su
    • Journal of the Korean Society of Systems Engineering
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    • v.1 no.1
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    • pp.1-13
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    • 2005
  • The purpose of this paper analyze development feasibility and alternatives for infrared detector development in both technology and cost. Infrared Detector is core component of Thermal Imaging System and developed by ADD from 2006 10 2008 year. We got raw input data from development and technical expert, and then analyze cost and technology for development feasibility, and alternatives study. Technology level is analyzed by TRL(Technology Readiness Level) and AOA(Analysis of Alternatives) is done by development cost estimate. Estimating the development cost, we use SEER-H that is parametric cost estimating tool based on Knowledge Base. This study can help those who are related to the cost and development feasibility analysis of other weapon systems.

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