• New & Renewable Energy
• /
• v.7 no.4
• /
• pp.10-17
• /
• 2011

Recently, electricity industry is facing high market uncertainty which has ever had and which increase risks in power market. In this study, we analyze risk factors such as discount rates, initial investment (overnight cost), plant factor, fuel cost, carbon price, etc, for the perspective of investor. For the analysis of risk factors, we used LCOE method. The results of this study show that renewable energy is more affected by plant factor and overnight cost than other risk factors. First, Renewable energy has higher proportion of overnight cost in the total investment than that of other technologies. Second, renewable energy is free of fuel cost and carbon price so plant factor is the most important factor, in other words, competitiveness of renewable energy depends on plant factor. Furthermore, we conducted economic feasibility of wind power and PV in domestic case study. The minimum requirement condition to get profitability is that plant factor 15% and overnight cost \6,000,000/kW and 26%, \2,200,000/kW for PV and Wind Power, respectively.

• Journal of the Korea Society of Computer and Information
• /
• v.28 no.3
• /
• pp.159-166
• /
• 2023

In this paper, we propose a reasonable plan for university information education by examining whether university students' academic performance improves when the information mind is satisfied. In particular, through comparison between physical education students and general students, it was intended to provide empirical help in preparing strategies for information education in universities in the future. As a result of the analysis, there were some differences by major category, but overall, the information mind improved major convergence ability, teamwork and self-directed learning ability, and academic performance. Therefore, in order to improve the Information mind of college students, it is suggested that the need for Information should be recognized and the curriculum and program suitable for the major characteristics should be introduced and implemented.

• Proceedings of the Korea Information Processing Society Conference
• /
• 2022.05a
• /
• pp.370-373
• /
• 2022

본 연구에서는 전이 엔트로피 개념을 활용하여 주요 상품 선물의 하방 리스크 지수의 정보 흐름을 바탕으로 한 인과관계 네트워크를 구성하였다. 그리고 구성된 네트워크를 활용하여 금융 시장을 분석하였으며, 또한 정보 흐름의 존재 여부를 바탕으로 상품 선물의 하방 리스크 지수의 예측력이 개선될 수 있는지 확인하고자 하였다. 이를 위하여 정보 불확실성의 감소량을 측정하는 전이 엔트로피를 인과관계의 측정 지표로 상정하였으며, 전이 엔트로피 측정 시 발생할 수 있는 유한크기효과(finite size effect)를 조정하는 데 있어서 효과적인 지표인 효율적 전이 엔트로피를 활용하여 정보 흐름 네트워크를 구성하였으며 이를 이용하여 금융 지수 간의 인과관계를 분석하고 EDaR 의 등락 예측에 활용하였다. 그 결과, 금융 시장 지수를 효율적 전이 엔트로피를 이용한 인과관계 네트워크를 활용하여 금융 시장의 복잡계 네트워크 분석이 가능함을 확인하였고, 구성된 네트워크를 활용하여 국내 금융 시장 등락 예측에 있어 더 적은 데이터 열을 활용하여 거의 유사한 예측 결과를 냄으로써 상품 선물 시장 관련 예측의 데이터 열 선택에 활용할 수 있음을 확인하였다.

• Journal of the Korea Institute of Military Science and Technology
• /
• v.27 no.3
• /
• pp.364-374
• /
• 2024

Today, risks created by uncertainty must be managed for successful project execution. From this perspective, applying a risk management process is very important for successful defense systems test works. This paper describes 'the implentation of risk management process for test work' carried out by DTERI's process improvement activities. In this study, the concept of risk management process, and details of the risk management process are examined through PMBOK and ISO/IEC/IEEE 15288, CMMI. After that, we defined 'Standard Process for Risk Management' of defence systems test works. And, we describe 'Risk Management Function' of DTERI's Project Management System(PMS) and the risk management process of DTERI. Finally, the effectiveness of the risk management standard process is verified through quantitative analysis.

• Korean Journal of Construction Engineering and Management
• /
• v.12 no.1
• /
• pp.141-152
• /
• 2011

The market volume of urban regeneration projects has steadily increased, thereby mixed-use development also shows significant market growth. However, previous researches on urban regeneration mainly deduced suggestions and plans for institution improvement based on comparison between projects implemented the inside and outside of the country. Whereas, researches on project management closely related to project success were limited, particularly in performance management. Accordingly, this research aims at developing a program performance management framework for public clients so as to succeed mixed-use development projects. Through extensive literature review and expert interview, this research developed performance indices for diverse facilities, risk management framework and integrating method of program performance score. The proposed framework is able to consider total life cycle from basic planning to maintenance phase and to check real-time performance level. Moreover, risk management framework can periodically assess and control the level of inherent risks within performance indices. The results can contribute to improve existing performance management practices and be basis for a web-based system developed in future.

• Journal of the Korea Institute of Building Construction
• /
• v.20 no.1
• /
• pp.83-91
• /
• 2020

The recent bridge construction projects is demanded more sophisticated risk management measures and loss forecasts to brace for risk losses from an increase in the trend of bridge construction. This study aims to analyze the risk factors that caused the loss of material in actual bridge construction and to develop a quantified predictive loss model, based on the past record of insurance payment by major domestic insurance companies for bridge construction projects. For the development of quantitative bridge construction loss model, the dependent variable was selected as the loss ratio, i.e., the ratio of insurance payout divided by the total project cost, while the independent variable adopted 1) Technical factors: superstructure type, foundation type, construction method, and bridge length 2) Natural hazards: typhoon and flood 3) Project information: construction period and total project cost. Among the selected independent variables, superstructure type, construction method, and project period were shown to affect the ratio of bridge construction losses. The results of this study can provide government agencies, bridge construction design and construction and insurance companies with the quantitative damage prediction and risk assessment services, using risk indicators and loss prediction functions derived from the findings of this study and can be used as a guideline for future basic bridge risk assessment development research.

• Korean Journal of Construction Engineering and Management
• /
• v.7 no.5
• /
• pp.64-76
• /
• 2006

Korea's overseas construction industry has been rather depressed by the weakened profitability as well as the sharp decrease of the market shares due to the lack of international competitiveness and the declined international market. There exist a lot of various risks in performing the overseas construction, and especially EPC projects, which entail complicated process from different parts, also require a sophisticated procurement and management skill. Subsequently, to survive in the competitive international market, we need to establish strategies to select potentially profitable projects at the initial stage of bidding process and to mitigate the high degree of risk exposure through contract negotiation and its adjustment. This research discusses the trend of environment in international construction markets. Then, it identifies the key factors that affect the profitability significantly through the structured surveys from 59 actual overseas projects, and it analyzes the key factors by using statistical methods. This research provides the profitability evaluation bases, with which overseas construction participants can forecast and analyze the risk more systematically, by eliciting profit-influencing factors using the result of statistical analysis, literature review and structuring their cause-and-effect relationships. The profitability casual hierarchy structure describes the profitability factors' hierarchy in details and their interrelationships. It also enables us to find out critical factors directly related to profitability aggravation through a qualitative and quantitative analysis. Ultimately, with this hierarchy structure as the base, the research will suggest how to develop the quantitative profitability forecasting model.

• KSCE Journal of Civil and Environmental Engineering Research
• /
• v.30 no.3D
• /
• pp.295-302
• /
• 2010

Since the late 1990s, the BOT mode in China has been extensively used in the water sector in order to attract private investment, improve technical and operational efficiency, and expand the coverage of water services. The BOT mode has been hailed as this provides a win-win structure between the government and private players through formalized procedures and an optimal risk allocation. However, recent market analyses show that some foreign investors are reluctant to participate in the market or even retreat due to uncertainties and risks in the market. This study aims to explore various risks in the Chinese water BOT market based on the thorough literature review, fieldwork, and the case studies on the two wholly foreign-owned BOT water projects: the Chengdu No. 6 and the Shanghai Dachang Water Supply BOT projects. The research results indicate that the Chinese BOT market embraces high risks in political, institutional and legal, and financial systems. The key to a successful takeoff of the BOT mode in the Chinese water market depends on the extent to which the government will be able to remove risky factors in political, institutional and legal, and financing systems. This research outcome will provide a useful reference to the Korean construction companies which consider expanding business to overseas water markets in the form of public private partnership.

• Proceedings of the Korea Water Resources Association Conference
• /
• 2023.05a
• /
• pp.354-354
• /
• 2023

최근 기후변화로 인해 전 지구적인 기후 특성이 변화하고 있으며, 기후 특성의 변화는 수문순환에도 큰 영향을 미친다. IPCC (Intergorvernmental Panel on Climate Change) 6차 기후변화 평가 보고서(2022)에 의하면 AR5 (Assessment Report 5)와 비교해 AR6 (Assessment Report 6)에서는 높은 신뢰도로 기후변화 영향의 범위 및 규모는 보다 확대되었으며, 단기적인 리스크로 극한기후 현상의 빈도와 강도 및 기간이 증가할 것으로 예측하였다. 또한, 중장기적인 리스크로 하천 유량의 규모와 관련한 극한 현상의 변화에 따라 수자원 관리 측면에서 어려움을 겪을 것으로 전망하였다. 위와 같은 기후변화에 대응하기 위해 국내에서는 기후변화와 관련된 다양한 연구가 진행되고 있다. 국내 기후변화 관련 연구로는 ArcSWAT 모형을 활용한 RCP4.5, RCP8.5 시나리오 기반 미래 유출량 추정에 관한 연구와, SWAT, IHACRES, GR4J 모형을 이용한 용담댐 유역의 미래기간 유출량 변화 모의, SWAT과 VIC 모형을 활용한 미래 저유량 예측 시 관측 자료와 비교해 모형이 가지는 불확실성 평가 등 기후변화 영향을 평가 및 예측하기 위한 연구는 활발히 진행 중이다. 하지만, 최근 연구의 주요 동향은 유출 모형을 활용한 미래 유출량 모의에 초점이 맞추어져 있으며, 관측 자료를 통한 기후변화 평가 연구는 부족한 실정이다. 따라서 본 연구에서는 한반도 5대 수계(한강, 금강, 낙동강, 영산강, 섬진강) 유량 관측소의 실측 유량을 활용해 과거기간의 기후변화에 따른 유출특성의 변화와, 미래기후변화 시나리오 자료를 활용한 미래기간 유출특성의 변화를 분석하였다. 분석 인자로 연 유출량, 1일 최대 유출량, 상위 90%에 해당하는 유출량, 하위 10%에 해당하는 유출량 등을 연도별로 분석하였다. 분석 결과 연도별 총 유출량의 큰 변화는 없지만, 홍수 기간의 첨두유량이 증가하는 동시에 갈수 기간 또한 빈도와 규모가 증가하는 양극화 현상이 진행되고 있음을 확인하였다.

• Korean Journal of Construction Engineering and Management
• /
• v.17 no.4
• /
• pp.103-115
• /
• 2016

The 106 buildings of 200 meters' height or greater were completed around the world in 2015 (CTBUH, The Council on Tall Buildings and Urban Habitat). They beat every previous year on record, including the previous record high of 99 completions in 2014. This brings the total number of 200-meter-plus buildings in the world to 1,040, exceeding 1,000 for the first time in history and marking a 392% increase from the year 2000, when only 265 existed. South Korea recorded three completions during 2015 - improving slightly over 2014, in which it had one. This study focused on the fact that high-rise building development project risks have not reduced in Korea in spite of numerous studies and measures. And it attempted to examine whether existing studies and measures have been presented on the basis of the accurate analysis of existing studies and measures and classify and analyze the characteristics of each phase' s risk factors in the hope that its results would be one reference point as to the measure to prevent high-rise building development project risks in the future. A high-rise building development project is the high risk project as compared with the low-rise project. Because a high-rise development project takes long and is very sensitive to the changing environment. Therefore, in order to succeed the project it becomes necessary to effectively manage the risk involved in the process of the high-rise building development project. The result of this study can be used as the guideline to make the risk management system for the high-rise development project.