• Journal of Information Technology Services
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• v.8 no.1
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• pp.113-124
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• 2009

Value-based requirements engineering process, called The ViRE(Value-Innovative Requirement Engineering) was suggested to create an uncontested market using ERRC(Eliminate, Reduce, Raise, Create) requirements analysis. But ViRE did not provides a quantitative data analysis method for ERRC decision so as to make objective decisions for customers. In this paper, to solve this problem, we suggest a quantitative ERRC analysis method by estimating requirements cost. Our method defines user requirements and decides their weight. Then, it makes quality level table for all the identified requirements and function modules and estimate implementation cost based on their quality levels. Finally, assess each requirement's impact and then evaluate ERRC value. We could get the more objective ERRC values by evaluate the requirement weight. functional module weight, and implementation cost. And we proved the efficiency of our model by a case study, smart student ID system.

• Earthquakes and Structures
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• v.21 no.5
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• pp.489-503
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• 2021

This research aims to investigate the seismic response of RC shear wall buildings of 5-, 6-, 7-, 8-, 9-, and 10-story designed as conventional and ductile and located in moderate seismic zone in Saudi Arabia in accordance with the seismic provisions of the American code ASCE-7-16. Dynamic analysis is conducted using the developed models in ETABS and the design spectra of the selected zone. The seismic responses of a number of design variations are evaluated in terms of story displacements, drift, shear and moments of both conventional and ductile building models as performance measures and presented comparatively. In addition, pushover analysis is also performed for the lowest and highest building models. Cost estimate of ductile and conventional walls is evaluated and compared to each other in terms of weight of reinforcement bars. In addition, due to the complexity of design and installation of ductile shear walls, sensitivity analysis is performed as well. It is observed that conventional design considerably increases induced seismic responses as well as cost compared to ductile one.

• International conference on construction engineering and project management
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• 2015.10a
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• pp.371-375
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• 2015

Design-Build (DB) has gained in popularity in roadway projects due to its defining advantage to improve communication and fast-track project delivery. However, very little is known about the impact of change order frequency and occurrence timing pertaining to DB projects. The study analyzes their impacts on project time and cost performance by conducting a rigorous numerical analysis drawing on 530 3R (rehabilitation, reconstruction, and resurfacing) projects completed between 2002 and 2011 in Florida by using a multiple linear regression. The results indicate that DB outperformed Design-Bid-Build in project cost as well as time. Critically, the regression analysis signifies that earlier change order occurrence caused more unfavorable impacts on schedule and cost. The proposed analyses and models will lead to the improved ability of agencies to quickly and more reliably estimate the potential change order impacts on schedule and cost.

• International conference on construction engineering and project management
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• 2015.10a
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• pp.263-267
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• 2015

Stakeholders of a construction project expect cost savings through fast and accurate cost analysis by performing BIM-based quantity take-off (BQT). However, authors have observed that there can be discrepancies in the results of BQT depending on the level of development (LOD) and modeling methods. In addition, since quantity take-off methods are different depending on the construction work items, the combination of LOD, modeling methods of BIM, features of construction work items can cause serious overestimate or underestimate in BQT results. It is necessary to identify what kind of problems can happen and how those problems can be avoided in various construction work items, since the discrepancy of quantity take-off results has great impact on not only cost analysis but also the determination of contract amount and it can cause claims, poor construction quality, cost overruns, and many others later in the construction project. Therefore, this paper focuses the identification of issues and problems of BQT at each construction work item level based on two categorizations of structural works and interior works.

• Environmental and Resource Economics Review
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• v.23 no.4
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• pp.617-641
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• 2014

Korean electricity market is a Cost-Based Pool (CBP) designed to minimize electricity production cost through cost by providing cost reduction incentives to generators. Generation companies have shown diverse efforts to reduce costs in CBP market such as procuring low-price fuels, installing high efficiency gas turbine and constructing power plants near the heavy-load site. Recently, as a way to improve CBP market, a proposal to exclude no-load cost from System Marginal Price (SMP) and to compensate generators ex post was suggested to Korea Power Exchange. This study analyzes the impact of excluding no-load cost from SMP on the cost reduction incentive of generators. We found that excluding no-load cost from SMP enhances the likelihood of decreasing the cost reduction incentives of LNG combined-cycle generators lying on the price-setting range.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.28 no.5D
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• pp.677-684
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• 2008

The paper provides an approximate cost estimating model that can be used for tunnel. Based on the previous study analyzed critical factors that have impact on tunnel construction cost, this paper establishes a cost variance index table that reflects the cost impacts due to the change of the critical cost factors. An estimating procedure is described utilizing the index table. For the verification of the suggested model, the comparison of the estimated construction cost with real project cost is performed. The estimated results range from 95%~111% of the real project costs. As an approximate tunnel cost estimating model, the model can be utilized to quickly estimate tunnel construction costs based on the conceptual information at the planning stage and to efficiently make a decision on design alternatives.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.18 no.5
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• pp.543-548
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• 2017

This paper examines the effects of strong corporate governance for listed companies in accessing capital markets from the point of view of the weighted average cost of capital. Results found that corporate governance had a significant negative(-) relation to the weighted average cost of capital. This finding is consistent with previous research and implies that the higher shareholder ownership and foreign ownership have confidence in the financial information of the company, and therefore, risk is reduced for investors. This results in lower expected rates of return and companies will pay a lower cost of capital. Second, tax evasion had a positive effect(+) on the weighted average cost of capital. The low quality of corporate accounting information is expected to increase tax avoidance. Accordingly, this results in increased risk. If the required rate of return is high in its impact,it leads to increased capital costs. In addition, corporate governance and tax avoidance factors showed a negative affect (-) on the weighted average cost of capital. Corporate governance plays an important role in tax avoidance and the weighted average cost of capital, and strong corporate governance reducesthe impact on tax avoidance. In addition, the weighted average cost of capital in capital markets showed the reducing effect.

• Journal of Environmental Impact Assessment
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• v.2 no.2
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• pp.59-71
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• 1993

Evaluation methods are employed in environmental impact assessment to choose between different project site, to determine the required measures to compensate impact and to decide whether the environmental impacts are more important than the social or economic effects of a project. The main obstacles that restrict use of quantitative evaluation method are a Lack of knowledge about the environmental effects (e.g. if impacts on wildlife or landscape amenities are predicted) and the relative importance of economic and social issues compared with nature conservation stability of ecosystem or landscape beauty. In Germany, the most common method for site planning is the "ecological risk analysis". It is a kind of multi-criteria-decision-method based on quantitative and qualitative description and ordinal ranking. The various kinds of "ecological balancing methods" that are more recently developed (within the last decade) to quantify the required amount for compensatory measures instead often use cardinal figures to express the value of ecosystems, the intensity of impacts, the need for additional measures to compensate for long recuperative periods when restoring ecosystems and so on. There are still only a view attempts to quantify decisions between environmental and socio-economic issues. Multicriteria-analysis as well as cost-benifit-analysis was used. Some new approaches which are still in a preliminary status are based on contingent valuation and on calculations for compensatory payments (instead of compensatory measures).

• Journal of the Earthquake Engineering Society of Korea
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• v.22 no.7
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• pp.369-378
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• 2018

Full-scale seismic retrofit of old and deteriorated masonry buildings requires a lot of cost and time. In such buildings, installing an emergency evacuation space can be considered as an alternative. In this study, requirements of the earthquake-proof table used as an emergency evacuation space for buildings hit by earthquake are investigated. Load conditions required for the table, including the impact effects due to building debris drop, are explained. To investigate the impact effects in more detail, weight drop test is performed for an prototype earthquake-proof table. In the test, the weight of the falling object and free fall height were considered as the main test parameters. The results showed that the duration of impact is very short (0.0226~0.0779sec), and thus the impact forces increase to 15.8~45.2 times the weight of the falling object. Based on these results, design considerations and performance verification criteria of the earthquake-proof table as an emergency evacuation space are given.

• Journal of Environmental Impact Assessment
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• v.6 no.1
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• pp.121-133
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• 1997

EIA should be regarded as an aid to improve the decision making processes because it seeks public opinion and external knowledge in order to ensure the maximum degree of fairness and balance in the final decision as much as possible. According to the above benefits, various decision making systems containing EIA concepts were developed in the area of ground water, traffic, disaster or accident and environment in Cheju Island. But because the development of various decision making systems can be the cause of new impact, it was studied the cause and impact of their development. The major reasons for developing the various decision making system like EIA are the lack of the consideration for the impact of project when it is selected project fulfilling EIA and the increase of the effort for the improvement in the professional quality for one subject without the comprehensive assessment among the subject related to environmental impacts. And the development of the various decision making systems like EIA has caused the several impacts like cost elavoration, the relay of project period, etc. Therefore, after it is improved the problems of present EIA on the comprehensive assessment, the various decision making systems like EIA should be integrated in EIA decision making system.