• Korean Journal of Construction Engineering and Management
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• v.17 no.2
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• pp.21-30
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• 2016

The current PF project is entirely relying on construction company's credibility. As such, it has increased a negative and bad recognition in domestic real estate economy. In addition, PF experts has a perception that a project's safety of future cash flow profitability is more important than the construction company's credibility. So many PF experts make an effort in order to set aside safe project structure of PF and analyse systematically the risks of the project. In common feasibility study of the PF Project, financial specialists and real estate specialists are forecasting and evaluating the suitability of the project through reviewing the development profit from the project of sales. However, cash flow analysis and evaluation from the perspective of mid-sized construction companies are still in the primary level. Therefore, this study has analysed the current feasibility study and go/no go decision making procedures. Then the authors have a new cash flow analysis method from the perspective of mid-sized construction companies, by improving the feasibility study and go/no go decision making procedures.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.16 no.9
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• pp.5859-5864
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• 2015

The purpose of this study is to analyze the outcomes of experts' survey for Cultivation techniques of good seed bulb in garlics program, purpose of introduction, and performance analysis this program. As a result of survey on new technology adoption to be cultivated in cultivation techniques of good seed bulb in garlics, technique satisfaction scored the highest with 4.3 points whereas innovation scored 4.21 points. On the other hand, risk scored the lowest with 2.53 points. Also, using BMO model business attractiveness and business fit scored 44 points, 45points respectively. Thus, the project rate of success were analyzed by more than 80 per cent. Finally, the management performance is analyzed on the garlic farms by selecting the highest awareness collected. As a result of effects after new technology adoption, 43% of the surveyees stated that the relative management costs dramatically decreased, and increase in production.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.26 no.1D
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• pp.41-47
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• 2006

The construction of traffic facilities has generated a variety of problems in the equality and efficiency when it would be planed and evaluated. One of the reasons for these phenomena isn't the definition of an objective standard about benefit items. Thus, results of evaluation couldn't give a demonstration of confidence. But, the traffic facility construction and its operation costs are securely appeared. Therefor, it will be demonstrated to decide the benefit items in this study. Before deciding the items, user's satisfaction evaluation and economic analysis would be carried. We find out subway user's satisfaction higher than load traffic mode user in satisfaction evaluation, while subway's economic feasibility is lower than load facility, as a result of B/C analysis. In this inconsistent results, we found out that the benefit value is a little lower because of indefinite standard of it's items as comparing Busan Metropolitan City's population with subway's modal split ratio. Accordingly, we enumerate some benefit items in the case of feasibility evaluation as constructing traffic facility. And each of evaluation items' weight is estimated by using ANP. We found out that the weight value of accessibility has the highest one, that of punctuality has second, that of travel time has third, and benefit items according to improvement of user's traffic condition have much more important than those which were considered in the existence economic analysis.

• Journal of Korean Society for Geospatial Information Science
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• v.20 no.3
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• pp.73-82
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• 2012

In order to carry out efficient investment and successful business in national geo-spatial industry, economic assessment on the field of 3D geo-information has recently emerged as a serious issue. Therefore, this study is intended to offer cost-effective evaluation scheme which are proper for 3D geo-spatial information, especially focusing on development of orthophoto and DEM. The study is organized as follows. The first section clarifies preliminary rules for feasibility by defining target work and category in order to estimate benefit. Then, this paper will be limited to consideration of production of digital mapping for target business which is expected to create high value and its benefit from cost reduction is suggested. Drawing from the AHP(Analytic Hierarchy Process) methods, this study comprehensively described final result and implication to examine business value. Consequently, this study can suggest economical evaluation methods on 3D geo-spatial information industry, which takes up a considerable part of immaterial benefit and has difficulties in economic assessment and estimation. preventing a variety of errors in system operation in advance.

• Journal of the Korean Society for Railway
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• v.15 no.2
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• pp.179-184
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• 2012

Environmental impact is getting more attention in many feasibility studies for railroad-related projects and research items. For sustainable growth and green transportation, the benefits typically used for feasibility studies in railway-related projects, are composed mostly of economic criterions which is not considering growing attention on changing paradigm. Based on the analysis of current methodologies, improvements in estimating environmental impact especially on noise and pollution are suggested. Active steering bogie has been proposed to satisfy stabilizing and steering performance of railroad. This paper describes the feasibility study of the active steering bogie for a urban railway vehicle based on environment-related criteria.

• Proceedings of the KSR Conference
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• 2011.05a
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• pp.1300-1305
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• 2011

Environmental Impact is getting more attention in many feasibility studies for railroad-related projects and research items. For sustainable growth and green transportation, the benefits typically used for feasibility studies in railway-related projects, are composed mostly of economic criterions which is not considering growing attention on changing paradigm. Based on the analysis of current methodologies, improvements in estimating environmental impact especially on noise and pollution are suggested.

• Journal of the Korean Society of Marine Environment & Safety
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• v.20 no.2
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• pp.130-142
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• 2014

The Korean government is considering implementation of the marine ecosystem restoration technology program (MERTP) to analyze the current status of the marine ecosystems and causes for the ecosystem deterioration as well as to eventually establish a master strategic plan for restoring ecosystem functions and preventing ecosystem functional loss. In order to determine likelihood of successful implementation, it is essential to perform an analysis of the economic feasibility of the program. The present study assessed economic feasibility of the MERTP. To this end, the dichotomous choice contingent valuation (CV) method is used. In particular, dichotomous choice (DC) format is employed as a method of eliciting willingness-to-pay (WTP) response to incentive-compatible mechanisms. The study also employed the spike model to deal with zero WTP responses from the DC CV survey. This survey of 1,000 randomly selected households in accordance with the guidelines provided by the National Oceanic and Atmospheric Administration (USA) was carried out nationwide in 2013. And, the respondents were asked in person-to-person interviews about their WTP for implementing the MERTP. The results showed that the annual mean WTP was estimated to be 5,414 won per household. Consequently, the annual benefit from the MERTP would be about 98.6 billion won for the next five years. Economic feasibility assessment utilizing the MERTP investment cost and expansion cost of the value provided that net present value, benefit/cost ratio, and internal rate of return are 337.8 billion won, 5.20, and 65.9 %, respectively, which are bigger than 0, 1.0, and 5.5 %, and that the MERTP passes the cost-benefit analysis.

• Proceedings of the Korea Water Resources Association Conference
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• 2018.05a
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• pp.438-438
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• 2018

최근 여름철 강우로 인한 도시시설과 공공시설의 피해가 급증화되고 대형화 되면서 이에 대한 피해를 최소화하여 피해를 최대한 줄이는 객관적인 판단이 필요하다. 특히, 하천정비계획지구의 경우에는 치수사업의 타당성을 판단할 수 있는 경제성분석이 중요하다. 치수사업의 경제성분석 방법을 연구할 수 있는 방법으로는 다차원 홍수피해 산정방법((Multi-Dimension Flood Damage Assessment; MD-FDA)이 치수사업의 경제성 분석을 계량 평가하는 방법으로 주로 사용되고 있다. 다차원 홍수피해 산정방법은 홍수피해 유형과 토지이용을 고려한 침수피해액 산정이 가능한 경제성 분석 방법이다. 본 연구에서는 SG정비계획지구 13개소(축제 및 확폭지구 4개소, 보축 및 하도준설지구 9개소)에 대해 다차원 홍수피해 산정방법을 이용하여 치수경제성 분석을 실시하였다. 치수경제성 분석을 위해 해당지역의 주거지역, 농업지역, 산업지역의 대상자산을 분석하여 자산가치를 분석하고 빈도별 홍수량에 대응하는 침수심과 침수편입율을 추정하여 침수지역의 자산액을 조사하였다. 조사된 자료를 활용하여 사업 시행전후에 대한 직접피해액을 자산피해와 인명피해로 구분하여 치수경제성 대상지구의 홍수규모별 예상피해액을 산정하였다. 그리고 피해액을 근거로 하여 비용편익비(B/C)를 활용하여 최종적인 치수경제성 분석을 진행하였다. 분석결과, 대상지구 3개 지구에서 B/C가 1이상의 값을 가져 사업의 경제성이 높은 것으로 나타났다. 분석결과를 활용하여 B/C가 1이하인 계획지구에 대해서도 치수사업의 일관성 및 지역주민의 안정된 생활보장을 위해 지속적인 사업의 시행이 필요할 것으로 판단된다.

• Journal of Energy Engineering
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• v.23 no.4
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• pp.176-182
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• 2014

The project of promoting the economy has attracted attention as on strategy for the economic revitalization of abandoned mine areas which is promoting by local government based on the "Special law on the development of abandoned mine areas". Through the analysis of economic feasibility analysis, the government is trying to determine the presence or absence of budget support to project of promoting the economy of local government. Furthermore, this paper attempts to conduct a cost-benefit analysis, using net present value(NPV), benefit/cost(B/C) ratio, internal rate of return(IRR) techniques for project of promoting the economy of Samcheok City. The project of promoting the economic of Samcheok City is promoting the Yukbaeksan flowers rest park and Glass Art Culture and Tourism theme park. The results indicate that NPV, B/C ratio and IRR of Yukbaeksan flowers rest park are 3,937 million won, 1.06, 6.18% and NPV, B/C ratio and IRR of Glass Art Culture and Tourism theme park are 8,311 million won, 1.34 and 9.47. Accordingly, the projects of promoting the economic of Samcheok City ensure economic feasibility that the three indicators have exceeded 0, 1.0 and 5.5% respectively. Moreover, the analysis results can be used effectively in the decision for the project of promoting ecomony of Samcheok city.

• Proceedings of the Korea Water Resources Association Conference
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• 2004.05b
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• pp.771-776
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• 2004

치수사업에서 실시하는 경제성분석은 계획하고 있는 사업의 사회적 후생의 극대화 측면에서 경제적 타당성을 분석 평가하는 것으로서 일반적으로 편익${\cdot}$비용분석이 사용되고 있다. 이러한 경제성분석시의 문제점으로 직접편익뿐 아니라 간접편익 및 비계량편익에 해당하는 사업의 효과도 편익부분의 계산에 포함할 수 있는 방법이 필요한 실정이다. 이에 따라 본 연구에서는 홍수에 의한 교통두절로 인한 피해를 간접편익으로 고려하여 오산천지역에 적용해 보았다. 교통두절피해 편익의 항목으로서 주로 차량운행비용 절감과 통행시간비용 절감의 두 항목을 고려하였으며, 이 두 항목에 내한 결과에서 홍수지체시간당(단위 1일당) 적지 않은 편익이 발생하는 것으로 나타났다. 본 연구를 통해 일반적인 치수사업 경제성분석에서 이뤄지지 않았던 교통두절에 의한 피해항목을 간접편익으로 고려함으로써 홍수로 인한 교통두절피해를 정량적으로 계량할 수 있었으며, 실질적으로 편익에 영향이 가장 큰 편익가치(재화가치, 시간가치)에 대한 연구가 계속적으로 수반된다면 이후의 다른 치수사업 경제성분석시에 효과적인 분석이 이뤄질 것으로 판단된다.