• Title/Summary/Keyword: Asset management plan

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Study on Devaluation of Public Housing in United States: Public Housing in the Past, Present and Future

  • Shin, Wonhye
    • Architectural research
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    • v.16 no.4
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    • pp.185-192
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    • 2014
  • As the cities developed and grew into larger metropolises, land value grew and land invariably became an asset. One of very critical causalities of such widespread need for development was the urban residence that got converted into cesspools of urban slum, major crime area and rapidly degraded. Incessant population growth of these cities called for more land to build residences especially the economically affordable and safe housings were needed for the citizens of none or low-income community. However, not enough attentions have yet been given to the essential basics of human habitation that exist within metropolitan limits by social, economical and political aspects. The following paper studies and elaborates the development motivation adopted by the government to develop public housing in the United States under the technical guidance of supporters and developers from national and international communities. The paper discusses current situation of public housing in the United States with a focus on understanding the present status of public housing and physical condition of their surroundings, strategies for fund mobilization, types of local involvement and community participation, ways of continuous monitoring and maintenance, etc. thereby creating a self-sustaining and integrated management plan for public housings in the future.

Information security risk: Application of the conjoint analysis (정보 보안 위험: 컨조인트 분석 활용 사례 연구)

  • Pak, Ro-Jin;Lee, Dong-Hoon
    • Journal of the Korean Data and Information Science Society
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    • v.22 no.2
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    • pp.207-215
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    • 2011
  • This Risk analysis on information related assets is conducted primarily according to the standards the Korea Information and Telecommunications Technology Association (TTA) or the International Organization for Standardization (ISO). The process is made of asset analysis, threat analysis, vulnerability analysis, and response plan analysis. The risk for information related assets belongs to the operational risks suggested by BIS (Bank for International Settlements) and the information related losses can be estimated in terms of BIS' suggestion. In this paper it is proposed that how to apply the method proposed by BIS to estimate the loss of information assets.

Productivity Analysis for Multi-Wells Depressurization of Gas Hydrate Bearing Sediments in Ulleung Basin, East Sea of Korea (동해 울릉분지 가스하이드레이트 퇴적층 내 다중정 감압에 따른 생산성 분석)

  • Moon, Seo-Yoon;Shin, Hyo-Jin;Lim, Jong-Se
    • Ocean and Polar Research
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    • v.43 no.4
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    • pp.295-306
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    • 2021
  • A field scale productivity analysis is required for the development of gas hydrate in marine sedimentary layers to verify the field applicability of production techniques and to improve productivity. In this study, the productivity resulting from the application of depressurization using multi-wells for the development of gas hydrate in the Ulleung Basin, East Sea of Korea, was determined. A numerical analysis model reflecting the conditions of candidate sites for the Ulleung Basin was constructed, and the productivity and dissociation behavior were comparatively analyzed. The pressure propagation and gas hydrate dissociation region by the multi-wells were wider and the productivity was higher than that of a single well. Different depressurization effects according to the spacing of multi-wells affected productivity. The results provide basic data for productivity analysis when establishing a field test production plan for the Ulleung Basin.

Economic-based approach for predicting optimal water pipe renewal period based on risk and failure rate

  • Kim, Kibum;Seo, Jeewon;Hyung, Jinseok;Kim, Taehyeon;Kim, Jaehag;Koo, Jayong
    • Environmental Engineering Research
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    • v.24 no.1
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    • pp.63-73
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    • 2019
  • This study suggests a method for calculating the benefits of water pipe renewal based on an estimate of the water supply suspension risk. The proposed method based on five benefit items is more direct and specific than other benefit estimation methods. In addition, a methodology evaluating the economics of pipe renewal based on pipe failure rate is proposed for estimating the optimal renewal point from an economic perspective. By estimating the optimal renewal period based on a yearly benefit cost ratio per pipe in a case study area, it was possible to draft an optimal renewal plan for the subject region from an economic perspective. Compared with other methodologies, a reasonable optimal renewal period was derived from an economic point of view. The result of this study may be used to develop future water pipe renewal plans. Moreover, the proposed methodologies and results derived from this study can be applied to asset management plans.

A Comparative Study between Islamic and Conventional Exchange-Traded Funds: Evidence from Global Market Indices

  • YAP, Kok-Leong;LAU, Wee-Yeap;ISMAIL, Izlin
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.2
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    • pp.725-735
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    • 2021
  • This study investigates whether the Islamic Exchange-Traded Funds (ETFs) provide significant benefit to investors relative to conventional ETFs. Six pairs of Islamic and conventional ETFs with 10-year daily price data from 2010 to 2019 have been selected from major market indices like MSCI World Index, MSCI Emerging Markets, MyETF Dow Jones Islamic Market Malaysia, MSCI South East Asia and Wahed FTSE Shariah USA Index for this study. For ETFs that are launched after 2010, the price data from launch date to 2019 are used. Our results show: First, Islamic ETFs are more likely to trade at a premium rather than at a discount, implying the investors are willing to pay a premium. Second, it is also found that Islamic ETFs have a relatively shorter period of price deviation from the benchmark, implying more price stability. Third, conventional ETFs have higher return and lower tracking errors relative to Islamic ETFs. These new findings add to the stylized facts of Islamic ETFs in the extant literature for investors, plan sponsors and regulators as to the differences between the ETFs. As policy suggestion, asset management companies can design new investment products to bridge the gap between conventional and Islamic finance.

A Study of Analysis and Response and Plan for National and International Security Practices using Fin-Tech Technologies (핀테크 금융 기술을 이용한 국내외 보안 사례 분석 및 대응 방안에 대한 연구)

  • Shin, Seung-Soo;Jeong, Yoon-Su;An, Yu-Jin
    • Journal of Convergence Society for SMB
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    • v.5 no.3
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    • pp.1-7
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    • 2015
  • Recently, finance technology related to Fin-Tech has emerged while national and international financial incidents have increased. Security technologies that are currently operated in the financial institutions, have been reported to be vulnerable to security attacks. In this paper, we propose a method of response and plan of security incident using Fin-Tech technology in the divers authentication methods and the usage of biometrics. Proposed method provides a convenient banking services to the users by integrating IT technology, such as personal asset management, crowdfunding to finance technology. Also, the proposed method may provide the security with ease by applying the security technologies such as PCI-DSS, tokenization technique, FDS, the block chain. Proposed method analyzes a number of security cases in relation to the Fin-Tech, financial technologies, for a response.

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Development of a Concentration Prediction Model for Disinfection By-product according to Introduce the Advanced Water Treatment Process in Water Supply Network (고도정수처리에 따른 상수도 공급과정에서의 소독부산물 농도 예측모델 개발)

  • Seo, Jeewon;Kim, Kibum;Kim, Kibum;Koo, Jayong
    • Journal of Korean Society of Water and Wastewater
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    • v.31 no.5
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    • pp.421-430
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    • 2017
  • In this study, a model was developed to predict for Disinfection By-Products (DBPs) generated in water supply networks and consumer premises, before and after the introduction of advanced water purification facilities. Based on two-way ANOVA, which was carried out to statistically verify the water quality difference in the water supply network according to introduce the advanced water treatment process. The water quality before and after advanced water purification was shown to have a statistically significant difference. A multiple regression model was developed to predict the concentration of DBPs in consumer premises before and after the introduction of advanced water purification facilities. The prediction model developed for the concentration of DBPs accurately simulated the actual measurements, as its coefficients of correlation with the actual measurements were all 0.88 or higher. In addition, the prediction for the period not used in the model development to verify the developed model also showed coefficients of correlation with the actual measurements of 0.96 or higher. As the prediction model developed in this study has an advantage in that the variables that compose the model are relatively simple when compared with those of models developed in previous studies, it is considered highly usable for further study and field application. The methodology proposed in this study and the study findings can be used to meet the level of consumer requirement related to DBPs and to analyze and set the service level when establishing a master plan for development of water supply, and a water supply facility asset management plan.

International Laws for the Prevention of IUU Fishing and Improvement Plans for Related Law Systems in Korea (IUU 어업 방지를 위한 국제적 규범과 우리나라 관련 법제의 개선방안)

  • Yang, Gi-Ju;Kim, In-Guek
    • The Journal of Fisheries Business Administration
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    • v.53 no.3
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    • pp.43-64
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    • 2022
  • Efforts to prevent IUU fishing began in 1996 as the IUU Antarctic Marine Living Resources Conservation Committee reported the multilateral efforts of the international community and related international organizations to prevent IUU fishing. Korea has recently been pointed out by the international community as to many problems regarding its will to eradicate IUU fishing. It is true that Korea has ever been designated as an 'IUU participating country' or a 'non-cooperative third country' by the international community and that there have been considerable difficulties in exporting seafood and using ports along with the deterioration of the national image. In 2020, with the efforts of related organizations and fisheries companies, Korea is now free from being known as a that Korea has recovered some degrees of trust from the international community through strengthening legal sanctions against IUU fishing and thorough implementation of follow-up measures is now free from non-cooperating country it cannot be said that the basic problems have been completely resolved just because it has emerged as a disgraceful country, and the current state of IUU fishing of Korea leaves a room for designation as a 'non-cooperative third country' again at any time in the future. Accordingly, there is an urgent need to examine the problems of the IUU fishing-related legal system in Korea and to come up with an improvement plan. Therefore, this paper reviews international norms for IUU fishing regulation (PSMA etc.) and domestic laws with the Distant Water Fisheries Development Act and Propose the improvement methods for related legal systems in Korea.

Artificial Intelligence Based LOS Determination for the Cyclists-Pedestrians Mixed Road Using Mobile Mapping System (인공지능 기반 MMS를 활용한 자전거보행자겸용도로 서비스 수준 산정)

  • Tae-Young Lee;Myung-Sik Do
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.22 no.3
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    • pp.62-72
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    • 2023
  • Recently, the importance of monitoring and management measures for bicycle road related facilities has been increasing. However, research on the monitoring and evaluation of users' safety and convenience in walking spaces including bicycle path is insufficient. In this study, we would like to construct health monitoring data for cylists-pedestrians mixed road using a mobile mapping system, and propose a plan to calculate the level of service of the mixed roads from the perspective of pedestrians and cyclists using artificial intelligence based object detection techniques. The monitoring and level of service calculation method of cylists-pedestrians mixed roads proposed in this study is expected to be used as basic information for planning and management such as maintenance and reconstruction of walking spaces in preparation for the increase of electric bicycles and personal mobility in the future.

Empirical Assessment of International Entry Strategy for Large Construction Companies (주요 전략지수별로 살펴 본 국내 대형건설업체의 해외건설 진출전략 효과에 대한 실증적 연구)

  • Jung, Woo-Yong;Han, Seung-Heon;Jang, Woo-Sik;Koo, Bon-Sang
    • Korean Journal of Construction Engineering and Management
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    • v.11 no.1
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    • pp.59-69
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    • 2010
  • Although international construction market gradually takes a important position among the export industries, the previous studies about international construction entry strategy have just focussed on trend investigation or suggestion for revitalization. Moreover, in order to prepare the market uncertainty such as world financial crisis and to plan the long term strategy, specific strategy studies based on corporate level are required. Therefore, this study estimates the nine strategic index and four financial index of 31 companies that performed 1920 international projects from 1993 to 2007 and evaluate the performance as three periods by multi-regression analysis. Also, this study analyze dynamic correlation between these index and the performance considering times. this study verifies that market diversification, product diversification, localization and decrease of debt to asset ratio make a good effect on the international order as long term strategy and shows that collaborated entry with domestic corporations, alliance entry with host country's company, alliance entry with third country's company, portion of labor cost and portion of management expense differently make a influence on the performance as times. these results will be helpful for the construction companies to plan the international entry strategy reasonably and specifically.