• Title/Summary/Keyword: Budgeting Method

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The Study on Application of Advanced Maintenance and RePairBudgeting Model for Domestic Military Facilities (국방시설에 적합한 선진 유지관리예산모델의 적용에 관한 연구)

  • Park Chan-Sik;Hong Sung-Ho
    • Korean Journal of Construction Engineering and Management
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    • v.3 no.4 s.12
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    • pp.123-131
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    • 2002
  • The M&R(Maintenance & Repair) budgeting system for domestic military facilities based incremental budgeting model has caused many problems due to the difference between M&R requirement and budget, so military facility become early deterioration. this study proposes the application method of foreign M&R budgeting model for domestic military facility to improve current M&R budgeting system. In order to investigate the current status and problem of M&R budgeting system, this study reviewed various literature related characteristics and types of the foreign M&R budgeting model. The interview was performed for domestic military facility official. The model would greatly improve the current M&R budgeting process for the domestic military facilities.

A Study on the Contingency Theory of Budgeting Control System through the Human Relation Model (인간관계모형(人間關係模型)을 통한 예산관리(豫算管理)시스템 상황론(狀況論))

  • Park, Dae-Kyu
    • Korean Business Review
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    • v.5
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    • pp.161-183
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    • 1992
  • This paper has an aim to look into whether it is possible for us to make an approach the budgeting control with the theory of human relation. This is only a traditional method and also it is open to criticism. I think modem budgetion control should be debeloped by the contingency theory. As the environment is changing continuously, the budgeting control system which can be adapted for this change should be built up. This paper consists of management control, human relation model method and changes of budgeting control.

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Improving Memory Efficiency of Dynamic Memory Allocators for Real-Time Embedded Systems

  • Lee, Jung-Hee;Yi, Joon-Hwan
    • ETRI Journal
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    • v.33 no.2
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    • pp.230-239
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    • 2011
  • Dynamic memory allocators for real-time embedded systems need to fulfill three fundamental requirements: bounded worst-case execution time, fast average execution time, and minimal fragmentation. Since embedded systems generally run continuously during their whole lifetime, fragmentation is one of the most important factors in designing the memory allocator. This paper focuses on minimizing fragmentation while other requirements are still satisfied. To minimize fragmentation, a part of a memory region is segregated by the proposed budgeting method that exploits the memory profile of the given application. The budgeting method can be applied for any existing memory allocators. Experimental results show that the memory efficiency of allocators can be improved by up to 18.85% by using the budgeting method. Its worst-case execution time is analyzed to be bounded.

THE EFFICIENT ESTIMATE OF ENVIRONMENTAL MANAGEMENT COSTS IN THE CONSTRUCTION SITES

  • Hyuk Moon;Sung-Jin Kim;Jae-Jun Kim
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.437-446
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    • 2005
  • Recently as people's values are changing from development phase into running stage after quality of life, so that the needs of environmentally friendly construction are gradually increasing. Also populace discontent about the pollution during construction process such as the noise and vibration caused by construction machinery is increasing. Even though it is impossible to eliminate the construction pollution fully, it is necessary to make efforts to reduce construction pollution to a minimum. In terms of construction site operating, the first possible step for solving these matters directly is that the necessary sum of expenses must be secured as the environmental management costs in the conceptual phase. However, in fact, the environmental management costs have not been secured in the budget. Generally it is the major reason not arising proper activities to prevent the pollution in the construction site. The purpose of this research is to suggest the efficient budgeting method regarding Environmental management costs to ensure the necessary sum of environmental management expenses. To provide an efficient budgeting method, interviews with the person in charge of environment management was conducted. 78 construction sites was surveyed and environmental management costs were analyzed through their historical data from the survey. According to the results of analysis, the ratio of environmental management costs is revealed 0.45% of construction cost as average comparing 0.2% of legal limit. And usually the environmental management cost was appropriated into the safety management budget. So it is needed to isolate environmental management budget securely and modify the ratio of Environmental conservation Costs in Construction Technology Management Act.

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An Empirical Study on the Effect of public Construction Industry by Expansion of New Budget System (계속비 사업 확대로 인한 공공건설사업 파급효과 분석)

  • Kim, Sang-Bum;Lee, Jeong-Dae;Cho, Ji-Hoon
    • Korean Journal of Construction Engineering and Management
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    • v.9 no.3
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    • pp.153-163
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    • 2008
  • Domestic construction industry accounts about 15% of Gross Domestic Product(GDP) and Korean government spends approximately 50 trillion won per year for public infrastructure projects. Effective management of public construction projects would result in cost saving and enhance financial stability of the government. In doing so, the government promoted a new budgeting system, Continual Budget Method(CBM) as a part of public project performance enhancement program published in 1999. This research mainly attempted to investigate and analyze the impact of new budgeting in term of cost and schedule performance. Based on the analysis result of n2 projects. The new budgeting system could save project cost by 9.83y. Due to the saving of indirect costs from reduction. Although limited government budget cannot allow all the projects to be excuted with the new budgeting system, the new budgeting system should be more-widely utilized in the public sector because of its proven benefits from this research.

Safety Management Cost Accounting for Underground Electric Power Transmission Facility Construction (전력구 설치 공사의 안전관리비 계상 기준에 관한 연구 )

  • Min Ho, Kim;Sung Woo, Shin
    • Journal of the Korean Society of Safety
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    • v.37 no.6
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    • pp.50-59
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    • 2022
  • In the Construction Technology Promotion Act (CTPA) of the Republic of Korea, safety management cost is enforced as a statutory cost that must be included in the budget of construction projects. However, the construction of underground electric power transmission facilities (UEPTFs) is not included in the category of construction works defined in the CTPA. Consequently, the statutory safety management cost does not apply to the construction of UEPTFs. To overcome this limitation, the clients of UEPTF construction projects generally provide internal guidelines enabling the addition of the safety management cost in the project budget. Nevertheless, even after the execution of the internal guidelines, some important cost items are omitted from the budget owing to the incompleteness of the guidelines. In this context, this paper proposes a complete set of accounting items and their calculation methods for appropriate budgeting of the safety management cost of UEPTF construction projects. To this end, the current budgeting method of the safety management cost of UEPTF construction projects is analyzed, and a questionnaire study is performed to confirm the necessary cost items and their appropriate calculation methods. Based on the results of the questionnaire study, a set of accounting items and their calculation criteria for the budgeting of the safety management cost of UEPTF construction projects are proposed.

A Selection Method for Capital Budgeting Projects with Quality Function Deployment (품질기능전개를 이용한 자본예산투자프로젝트 선정방법)

  • 우태희
    • Journal of the Korea Safety Management & Science
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    • v.2 no.4
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    • pp.125-138
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    • 2000
  • The purpose of this paper is to describe a new analytic method of capital budgeting projects that takes into account both customer wants and competitor's status and to give decision makers a tool for goal setting and planning for technology. This model, which is based on quality function deployment(QFD), has used the analytic hierarchy process(AHP) to determine the intensity of the relationship between the variables involved in each matrix of the model and the 0-1 integer programming to determine the allocation of funds to various technological projects. This paper also proposes how to calculate the new weight of columns to consider various strength levels of roof matrix, representing the correlation among the quality characteristics, using Lyman's normalization procedure. To compare this model with Partovi's model, I adapt the same example which is suggested by Partovi and I show that the value of object function, has maximization problem, in this model is larger than that in Partovi's model.

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A Selection Method for Capital Budgeting Projects with Quality Function Deployment (품질기능전개를 이용한 자본투자프로젝트 선정방법)

  • 우태희
    • Proceedings of the Safety Management and Science Conference
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    • 2000.11a
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    • pp.81-85
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    • 2000
  • The purpose of this paper is to describe a new analytic method of capital budgeting projects that takes into account both customer wants and competitor's status and to give decision makers a tool for goal setting and planning for technology. This model, which is based on quality function deployment(QFD), has used the analytic hierarchy process(AHP) to determine the intensity of the relationship between the variables involved in each matrix of the model and the 0-1 integer programming to determine the allocation of funds to various technological projects. This paper also proposes how to calculate the new weight of columns to consider various strength levels of roof matrix, representing the correlation among the quality characteristics, using Lymsn's normalization procedure. To compare this model with Partovi's model, 1 adapt the same example which is suggested by Partovi and I show that the value of object function, has maximization problem, in this model is larger than that in Partovi's model.

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A Studyon Implementation of TPBS (Transportation-planning Programming Budgeting System) (교통기획예산제도(TPBS) 도입방안에 관한 연구)

  • 김종민
    • Journal of Korean Society of Transportation
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    • v.13 no.1
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    • pp.153-165
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    • 1995
  • The budget management in Korea is one-year budget system which is just following int he steps of last years budget plan. This system towards traditional item-by-item and restriction-centered budget system. The budget distribution without establishing and considering rational policy goals and directions have brought inefficient resource allocations. In order to promote the implementation of transportation planning, there are some alternatives like introduction of top-down planning system preparing for the provincial self-government era. In this study, the most efficient alternatives to promote the existing management system is referring by foreign countries transportation planning examples(BVWP system in Germany). First of all, mid-long term transportation and budget planning should be established and then make decisions of resource availability and allocation. In order to provide ration budget planning, introduction of Transportation Planning Programming Budget System(TPBS) has been judged as one of the method of unifying the sysematic transportation improvement planning and budgeting. All transporation planning and related activites can not be expressed in quantity and due to the limitation of excessive cost of analyzing transportation planning and ranking priority, here after, the continuous study to minimize the evaluation cost and introduction of TPBS should be done.

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Customer Satisfaction Strategy of the College Considering Capital Budgeting (자본투자를 고려한 전문대학의 고객만족전략)

  • Woo, Tae-Hee
    • Journal of the Korea Safety Management & Science
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    • v.9 no.6
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    • pp.113-122
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    • 2007
  • Quality function deployment(QFD) is becoming a widely used customer oriented approach. The aim of this paper is to present an analytic method of quality function deployment that is to maximize customer satisfaction, using a customer satisfaction survey conducted in the college in Korea. Combining weights and satisfaction indices, "performance/important" diagrams are to develop and this grid can be used in order to identify priorities for decision making. Also, this paper shows a 0-1 integer programming model for maximizing customer satisfaction subject to a budget constraint in QFD planning process with case study.