• Title/Summary/Keyword: preliminary feasibility

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Development of a Framework for Estimating the Benefits of IT Projects : Focusing on Preliminary Feasibility Study (정보화 사업의 편익 추정 프레임워크 개발 : 정보화부문 예비타당성조사를 중심으로)

  • Lee, Chunghun
    • Journal of Information Technology Services
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    • v.17 no.3
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    • pp.101-115
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    • 2018
  • In order to promote the IT business efficiently, the Preliminary Feasibility Study has been conducted since 2004. It is to verify the feasibility of a large-scale IT project in advance and to determine whether to reflect the budget. It is more difficult to analyze the benefits of the IT project than other projects, because the IT project is carried out by combining tangible and intangible assets and human resources. For this reason, the Standard Guideline for Preliminary Feasibility Study in the IT field suggests a framework to support in estimating the benefits of the IT project. However, it includes the following problems : 1) level discrepancy among the benefit categories, 2) lack of types of benefit items, 3) no consideration of benefit inducing factors. So the framework is facing a low utilization. This study develops a new framework through a three-step research process. The new framework can be used not only for preliminary feasibility studies but also for estimating the benefits of general IT projects.

The Analysis of Assessment Factors for Preliminary Feasibility Study of Dam Project in Korea (국책사업 예비타당성조사 평가항목별 중요도 분석 - 댐 개발사업을 중심으로 -)

  • Koo, Jakon;Lee, Muchoon
    • Journal of Environmental Impact Assessment
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    • v.13 no.6
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    • pp.307-314
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    • 2004
  • Among large developmental projects, those of the government and public institutions with the total budget of more than 50billion wons can be executed only when the feasibility of the project has been testified through the procedure of preliminary feasibility study. Multi-purpose dams are public structures that can supply water, produce electricity, and control flood, they belong to large national projects that require legal evaluation procedures such as preliminary feasibility study and environmental impact assessment(EIA). The index that should be considered to be important in dam plan is the migration of residents in submerged district. The importance in the preliminary feasibility study is 4.93 points(98.6 in the scale of 100 at maximum). Among the 12 assessment elements of the policy and economy in the preliminary feasibility study, the element of environment assessment is turned out to be 4.68 points in the assessment importance (93.5 in the scale of 100 at maximum), which is the second in the total ranking and the first in the field of policy, indicating that the element is very important in dam construction planning.

Preliminary Feasibility Study for Water Resources Policy Effect Analysis Direction (수자원분야 예비타당성 조사 정책효과 분석 방향)

  • Seong, Yeonjeong;Choi, Seungan;Kwon, Hyun-Han;Jung, Younghun
    • Journal of Korean Society of Disaster and Security
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    • v.14 no.3
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    • pp.1-16
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    • 2021
  • Recently, large-scale projects are required in the water resources sector considering safety and publicitythe due to uncertainty of securing water resources and changes in the ecological environment by climate change. Among these large-scale projects, the projects that fall under the preliminary feasibility study are determined by comprehensive analysis based on economic analysis, policy analysis, and balanced regional development analysis. However, most of the results of the preliminary feasibility study showed a tendency to depend heavily on economic analysis. For this reason, projects in non-metropolitan areas sometimes fail in the preliminary feasibility study. To supplement this point, the Korea Development Institute revised the standard guidelines for preliminary feasibility studies for water resources sector projects that place a high weight on policy feasibility analysis. Therefore, the objective of this study is to analyze the cases of the preliminary feasibility study conducted previously and to suggest the direction of policy analysis in the preliminary feasibility study for water resources sector projects. For this, we analyze preliminary feasibility studies conducted for 18 years from 2002 to 2019, and suggest direction of policy analysis method using the benefit items not included in the economic analysis.

The application of the Intuitive Method to Evaluate Feasibilities of Railway Project (철도사업에의 직관적 타당성 평가모형 적용)

  • Kim, Hyun-Woong;Hyeon, Jae-Myeong
    • Proceedings of the KSR Conference
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    • 2010.06a
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    • pp.437-441
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    • 2010
  • The SOC project such as road and railway performs a preliminary feasibility study according to the priority of the individual projects after establishing the master plans. For a preliminary feasibility study, feasibility evaluation should be performed according to the transport demand estimation and economic analysis. The feasibility of individual project will be performed by focussing on the results of analyzing economic feasibility. In case that analysis of the traffic demand and the economic feasibility every phase is performed, a lot of time and expense will be required in the course of promoting projects. So this study could give help to determine the priority of the project by intuitive method only in the phase to establish the master plan and a preliminary feasibility study.

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On the Improvement of the Preliminary Feasibility Study for the System Development Program (체계개발 연구사업의 사전타당성 조사 개선 방향)

  • Kim, Jae-Gon;Kim, Dong-Guen;Jun, Hong-Bae
    • Journal of Korea Technology Innovation Society
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    • v.18 no.4
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    • pp.641-666
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    • 2015
  • Recently, it becomes more important to carry out the feasibility study on government R&D projects since the amount of R&D funds increases. For this purpose, until so far the general framework on the preliminary feasibility study for government driven research projects has been built and modified, and well applied to several domains. However, there is still the limitation in applying the method of preliminary feasibility study to system development research projects. The system development research projects have many different features compared to general research projects, for example, long-period development, lots of stakeholder involvement, multi-disciplinary works, and so on. Considering these characteristics, it is necessary to improve the method for the preliminary feasibility study. In this vein, this study deals with looking into the improvement points of the preliminary feasibility study in terms of the application of the system development projects.

Policy assessment of Agricultural Infrastructure Improvement Project for Preliminary Feasibility Study - Multipurpose Rural Water Development Project in Pangyo District - (농업생산기반정비사업의 예비타당성조사 정책효과 분석 - 판교지구 다목적 농촌용수개발사업을 중심으로 -)

  • Kim, Soo-Jin;Bae, Seung-Jong;Yoo, Seunghwan;Kim, Yoonhyung;Yoon, Sungeun;Kim, Jeonghoon
    • Journal of Korean Society of Rural Planning
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    • v.27 no.1
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    • pp.21-28
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    • 2021
  • Since 2001, the Pangyo district multipurpose rural water development project has been promoted as a new target project for stable supply of agricultural water and improvement of the living environment of rural areas in Seocheon-gun. Detailed data analysis and logic must be reinforced, focusing on the items reorganized by the reorganization of the preliminary feasibility study. The purpose of this study is to promote the smooth promotion of projects by conducting a policy effect assessment following the reorganization of the preliminary feasibility study system. This study conducted a policy assessment of agricultural infrastructure improvement project for preliminary feasibility study. The policy assessment is divided into three parts: project implementation conditions, policy effects and special assessments. The newly established policy effect is to assess the job effects, living conditions impact, environmental evaluation, and safety evaluation that contribute to the quality of life. Sixteen policy assessment items were selected and evaluated quantitatively and qualitatively. The results of the study are expected to provide basic data for the comprehensive judgment of the preliminary feasibility study of agricultural infrastructure improvement project in the future.

Preliminary Economic Analysis based on Optimization of Green Ammonia Plant Configuration in the Middle East for Import into Korea

  • Hyun-Chang Shin;Hak-Soo Mok;Woo-Hyun Son
    • Journal of the Korean Society of Industry Convergence
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    • v.27 no.2_1
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    • pp.277-285
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    • 2024
  • Hydrogen is considered a key energy source to achieve carbon neutrality through the global goal of 'net zero'. Due to limitations in producing green hydrogen domestically, Korean companies are interested in importing green hydrogen produced overseas. The Middle East has high-quality solar energy resources and is attracting attention as a region producing green hydrogen using renewable energy. To build a green ammonia plant, optimization of the production facility configuration and economic feasibility analysis are required. It is expected that it will contribute to reviewing the economic feasibility of constructing overseas hydrogen production plants through preliminary economic feasibility analysis.

Regarding the Preliminary Feasibility Study of National R&D Program : With Focus on the Applicability of Theory of Attractive Quality (국가연구개발사업 예비타당성조사 제도의 평가방식에 대한 연구 : 매력적 품질이론의 적용 가능성에 대하여)

  • Yim, Sung-Min;Jung, Uk
    • Journal of Korean Society for Quality Management
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    • v.42 no.2
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    • pp.131-143
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    • 2014
  • Purpose: This paper discusses the intrinsic assumption of one-dimensional relationship between the upper and lower levels in AHP(Analytic Hierarchy Process) for the Preliminary Feasibility Study of National R&D Program. This assumptions has not been questioned in academia and industry so far. Methods: This discussion is induced by understanding the Theory of Attractive Quality (Kano et al. 1984) and explains the limitation of AHP in the preliminary feasibility study of national R&D program. Results: In this paper, we propose a new questioning method based on two dimensional perspective, which is named as 2D-AHP (two dimensional AHP), to overcome the limitation. The main idea stems from the observation that the relationship between the upper and lower levels in AHP can vary depending on the subject of R&D. Conclusion: The two dimensional perspective pointed out in this paper should be more deeply studied in the field of MCDM(multi-criteria decision making) since it can be applied to the more general problems in human decision making.

A Study on the Effect of Preliminary Feasibility Study System Improvement (예비타당성조사 제도 개선 효과에 관한 연구)

  • Park, Seung Jun
    • Smart Media Journal
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    • v.11 no.7
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    • pp.70-75
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    • 2022
  • In 2019, the government improved the system to reduce the maximum weight of economic feasibility items in the comprehensive evaluation from 50% to 45% in order to improve the problem that economic feasibility is a decisive factor in passing the preliminary feasibility study. This study is to analyze the effect of system improvement in 2019 and verified the difference between before and after system improvement. As a result of regression analysis and correlation analysis, both periods showed high correlation, and the difference through Z-test was analyzed as not statistically significant. This result means that institutional improvement to reduce the impact of economics was not effective. Therefore, it is judged that it is necessary to discuss the design of a more effective comprehensive evaluation study through research such as reevaluating the weights of each item in the comprehensive evaluation in various ways in existing projects.

Study on Consideration Plan of Environmental Influence in Preliminary Feasibility Investigation of Railroad Work (철도사업의 예비타당성조사시 환경영향 고려방안에 관한 연구)

  • Sun, Hyo-Sung;Park, Young-Min
    • Proceedings of the KSR Conference
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    • 2006.11b
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    • pp.1178-1183
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    • 2006
  • This paper describes the plans of considering the environmental influences in the preliminary feasibility investigation of railroad work. Because the cost-benefit analysis method about the environmental costs by air pollution and traffic noise is mainly applied in preliminary feasibility investigation, not only the verification in the calculation method of these environmental costs but also the consideration in the environmental costs of the topographical damage and the ecosystem extinction by railroad work is needed. The environment-friendly plans in choosing the locations of the railroad route and station are also suggested, and they include (1) consideration of environment protection area, residential zone, and region with scenic beauty, (2) application of the existing railroad route and station, and (3) railroad route parallel to another traffic facility.

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