• Journal of Korean Society of Transportation
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• v.24 no.5 s.91
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• pp.67-74
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• 2006

This paper proposes a way to a risk quantification of public sector comparator in the value-for-money test of the BTL (Build-Transfer-Lease) scheme in rail investment projects. Two principal risks that are project delay and budget increasing costs are identified and are empirically quantified with a case study of the Haman-Jinju link. The methodology suggested is expected to be a good reference for the similar research afterwards and also to help in settling down the scheme that is only an early stage.

• Korean Journal of Construction Engineering and Management
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• v.1 no.4 s.4
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• pp.67-73
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• 2000

For the successful performance of a private infrastructure project, an effective project financing is indispensable through various domestic/overseas sources. This study explains the concept of the private infrastructure development and investigates its current status in Korea. In addition, the details of the changed environment for the project finance under the newly enacted 'Private Investment Act' are compared in an analytical manner to those under the previous law. Finally, it discusses the problems that still remain and recommends the remedies available for the better financing environment.

• Construction Engineering and Management
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• v.12 no.2
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• pp.17-22
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• 2011

남북 쌍방의 정치 협상이나 현황에 의미를 두지 말고 제 3 세계 주관사를 초청하여 서울 신의주 간 고속도로 민자 사업을 계획, 시공 및 관리하자는 주장은 이상에 불과할 수 있다. 남북 간 정경 분리 원칙을 내세우지만 간단한 미풍에도 흔들리고 있는 것이 개성공단의 현실이다. 필자는 거창한 통일 관련 학자는 아니지만 도로를 사랑하는 사람으로 도로인에 남북 화합의 지휘자가 되라고 권한다. 통상 사업 초기, 기획의 미비로 드는 추가 비용을 예방비용, 평가비용, 실패비용으로 구성할 수 있는데 대기업들은 예방비용에 미리 투자함으로써 품질은 높이고 비용은 줄이는 전략을 구사하고 있다. 대북 인프라 사업은 예방비용에 투자하는 것과 같다. 북한에 투자하는 SOC 사업은 비용은 파악하기 쉬운 반면, 그것이 가지고 올 이익은 장기적이고, 위험도가 크며, 또한 편익을 정량화하는 것이 어려운 특성이 있어 반대 여론이 높은 것이 사실이다. 그러나 조건 없는 남북 경협을 주장하는 것이 아닌 이상 남북 양 정부 이익을 창출할 수 있는 제 3자 방식의 민자를 통한 도로 사업은 현재 논의되고 있는 어떠한 SOC 사업보다 타당성이 있다. 도로 건설 불가론이란 거대 여론앞에 풍전등화의 두려움에 떨고 있는 건설인들에게 북한 도로 시장이라는 커다란 선물 보따리를 정부가 앞장 서 풀어주길 기대한다.

• 주택과사람들
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• s.189
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• pp.82-83
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• 2006

전철역과 대합실 기능밖에 하지 못했던 기존 역사(驛舍)가 쇼핑 · 문화 공간으로 탈바꿈하고 있다. 새로운 복합 공간으로 자리매김할 민자역사의 투자가치와 향후 전망을 살펴보자.

• Construction Engineering and Management
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• v.20 no.4
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• pp.3-7
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• 2019

• Korean Journal of Construction Engineering and Management
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• v.5 no.2 s.18
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• pp.172-180
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• 2004

Recently, there are growing concerns on the introduction of private financing in railroad station construction project. But private-funded station project does not have the efficient delivery system. This study is focused on the recommended solutions about the private-funded station project management. Through the literature survey and interview, it is investigated and analyzed that project management has the problems. The problems are classified as 2 areas: law & regulations and job practice. The problems in law & regulations are a lowing on the profitability, and an unreasonable project team selection process. Job practice has problems such as delaying in authorization process, and inferior feasibility analysis. The study suggests several recommended solutions related to the problem areas. That are as follows: the efficient return of investment system, the project financing system, the professional project management, the benchmarking team operation, and the cut down on discussion period

• JOURNAL OF ELECTRICAL WORLD
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• s.224
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• pp.50-56
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• 1995

• 어항어장
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• s.12
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• pp.29-31
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• 1990

• KSCE Journal of Civil and Environmental Engineering Research
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• v.29 no.3D
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• pp.381-389
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• 2009

Korean government is investing 1.8 billion won on infrastructure and investment on PPP projects constitutes 16.3%. This phenomenon is to promote private investment as well as lessening government burdens of public budgeting. However, the only criterion to be considered is government financial status in selecting public or private highway investment projects. So systematic decision support model is required in choosing public or private highway investment projects. So, this paper suggests a systematic decision support model for deciding public or private highway investment at the early stage of project planning. Furthermore, this paper identifies key decision variables with respect to economic, politic, project management criterions based on the related literatures and feedbacks from experts. This paper analyzed 30 cases of government investment and PPP projects and got the survey result from highway specialists. As a result, this paper presents an interval with respect to economic criteria using mean and standard deviation and a logistic regression equation which can predict the possibility of PPP project. Through this study, decision maker of central or local government can decide public or PPP highway project more systematically and reasonably.

• Korean Journal of Construction Engineering and Management
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• v.8 no.5
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• pp.152-160
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• 2007

Recently, the government is very active to secure the financial resources by inducement of the private investment in fulfilling an extension of the SOC facilities. One of the reasons that the private investors hesitate to put money into the private finance projects, however, is the lack of knowledges about various risks to be possibly incurred during the project execution. This research was performed as one of the preparation works in order for a A engineering company to act as a prime contractor of the project management service in the private finance project, and finally developed the risk factor dictionary as a new concept to satisfy the requirement of a A company and overcome a limit of the existing risk checklists. Although the risk factor dictionary looks like the only simplified table to be the risk factors identified in three dimensions, the impacts and response strategies expressed in narrative and multi-items, and the responsible parties indicated, it has great meanings to get a lot of direct and indirect accomplishments over the simplified table during the development process.