• Title/Summary/Keyword: project investment ranking decision

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Investment Ranking Decision Using MCDA in Dam Projects (MCDA 기법을 이용한 댐사업의 투자우선순위 결정)

  • Kim, Woo-Gu;Lee, Gwang-Man;Park, Doo-Ho
    • Journal of Korea Water Resources Association
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    • v.39 no.12 s.173
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    • pp.1067-1080
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    • 2006
  • In empirical evaluations of public projects and public provided goods, MCDA(multicriteria decision-making analysis) has helped decision makers with an adequate policy decision-making tool since it allows taking into account a wide range of assessment criteria. As a tool for decision-making of conflict management, MCDA has demonstrated its usefulness in many public projects such as road, dam and harbor construction. In this study, to use this merit of MCDA, dam project assessment indicators from points of social, economic, environmental and practical views are developed based on sustainable development of water resources, and weighting factors are also estimated by means of questionnaire survey. In order to decide project investment rank, developed evaluation indicators are applied to 6 existing dams under investigation for a rehabilitation project. In addition to, it is recognized that the project practicability has become more important indicator as well as environmental and social issues. This is because cooperation and support from a local government and people are regarded as one of the most important problems in public projects recently.

A Study on the Size Determination and Resource Expenditure- A Case of the KT's TOP Strategy (R&D 투자 규모결정 및 자원배분에 관한 연구 -한국통신의 TOP기술발전전략을 중심으로-)

  • 백광천;서의호;서창교;이영민
    • Korean Management Science Review
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    • v.10 no.1
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    • pp.81-105
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    • 1993
  • The objective of the paper is to develop models for determining the aggregate budget size in long-range R&D planning of KT(Korea Telecom.) and for allocating it by strategically adopted technologies for KT's TOP(Telecommunication-Oriented Paradise) Strategy. In the model of R&D budget size determination, the linear regression analysis is applied. In allocating the R&D expenditure, criteria weighting and technological importance ranking are determined by means of the Analytic Hierarchy Process(AHP) as a decision aid, along with hierarchical representation and pairwse comparisons. R&D budget analysis provides to basic data for the mid-and long-range R&D planning. The model then needs to be adjusted as the TOP project plan becomes specific. Resource allocation model for R&D based on AHP can be used to identify the importance of the technologies for TOP according to short-, mid-, and long-term perspectives without further modification. It is expected that the R&D budget analysis model works as the basis for planning R&D investment strategies and that the resource allocation model for R&D contributes to the effective use of the limited resource.

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A Study on the Procedures and Application Examples for Establishment of Master Plan Standard for the Utility Tunnel (공동구 기본계획 기준수립을 위한 절차 및 적용사례에 대한 연구)

  • Oh, Wonjoon;Cho, Choongyeun;Lee, Minjae
    • Korean Journal of Construction Engineering and Management
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    • v.21 no.4
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    • pp.100-107
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    • 2020
  • In this paper, a study was conducted on the method of establishing the master plan standard for rational decision-making about utility tunnel construction in the existing urban. In the previous study, the optimal route was selected by the feasibility assessment. However, in order to increase the objectivity of the installation conditions of the utility tunnel in the master plan standard, comprehensive evaluation of the results by feasibility and economics analysis calculates the overall ranking for all sections analyzed. In addition, based on the results of the comprehensive evaluation, a method for establishing a mid·long term investment plan was introduced after reviewing the project to be conducted in the region. Additionally, in order to review the establishment of the standard suggested in the paper, an analysis was conducted by applying the master plan procedure to the northwestern urban zone of seoul.