• Title/Summary/Keyword: Decision-making processes

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Development of a Decision Making Model for Construction Management in LNG Plant Construction - Focused on Construction Stage - (LNG 공사의 건설사업관리 의사결정지원모델 개발 - 시공단계 중심 -)

  • Park, Hwan Pyo;Han, Jae Goo;Chin, Kyung Ho
    • Korean Journal of Construction Engineering and Management
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    • v.15 no.3
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    • pp.47-57
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    • 2014
  • LNG plant projects tend to be implemented in overseas owing to its characteristics, so their project management scheme is somewhat different from those of general projects. Value chain in a LNG plant project includes exploration/production of gases, physical liquefaction/chemical conversion processes, transportation and storage. Key factors in the chain include liquefaction process (including ultra-low temperature liquefaction) to convert natural gas into liquid materials or fuel, and Front End Engineering Design (FEED) package, as well as Engineering, Procurement and Construction (EPC) technology comprising control, operation and construction. Success of a complex LNG plant project implemented in overseas depends on decision-making process in project management. Accordingly, to develop a decision-making model in of plant construction, the study extracted none factors in project management by EPC stage and assessed importance of each factor. The result showed that items in both project management and project risk management are important. Especially, the study developed a decision-making model in the construction stage of a LNG plant project based on the project management factors and importance assessment. The developed decision-making model would lay groundwork in building a decision-making system in construction stage of project management.

A Research on the Importance of Decision Making in Process of Promoting an Urban Regeneration Project -Focused on Cheong-ju City- (도시재생 사업추진과정에서의 의사결정기준 중요도 -청주시를 중심으로-)

  • Kim, Joonghun;Oh, Hyoungseok;Baik, Minseok;Hwang, Jaehoon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.9
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    • pp.431-439
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    • 2016
  • Urban regeneration projects involve various stakeholders, which result in decision making processes that require long periods of time and cause many conflicts. This study aims to identify important factors in decision making for promoting an urban regeneration project. The analysis results utilizing AHP are as follows: Firstly, the analysis results identify the main considerations in the process of promoting urban regeneration projects as residents' opinion(0.393), involvement of local government(0.231), opinions of related experts(0.206) and master plan(0.169). Secondly, the key drivers of stakeholders' qualitative decision making were found to include sustainability(0.325), economic feasibility(0.277), ease of project implementation(0.232) and equity(0.166). Lastly, meaningful differences in the relative importance of key aspects of decision making were identified when respondents were grouped according to being aware or not aware of the urban regeneration project, as well as living on or living off the project site. The results of this study can be used to implement successful urban regeneration projects in the future.

Heritage Conservation Principles in the Context of Sustainable Development (지속가능한 발전에 있어서 문화유산 보존·관리의 원칙과 적용)

  • Lee, Su-jeong
    • Korean Journal of Heritage: History & Science
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    • v.52 no.2
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    • pp.106-121
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    • 2019
  • Sustainable development in society has become the center of focus in many fields such as industry, environment, health, culture, etc. Considering that the concept of heritage involves understanding it as a 'resource' to improve the quality of people's lives, sustainability is an important goal that heritage policy has to achieve. Adopting the definition of sustainability in the 1987 Brundtland Report, this paper defines the concept of sustainability with respect to heritage, as well as their respective roles. Following that, three action principles are presented: value-based conservation, rational decision-making, and community involvement. Two cases demonstrating how the three principles should be practiced in managing change are then illustrated. Considering that heritage can play its role as a resource once its significance is protected, this paper argues that value-based rational decision-making is of paramount importance and the first principle. Conservation aims to manage change by practicing a cyclic process of value identification, value sustaining, and value dissemination. Therefore, this paper argues that all processes should be connected in the context of heritage values. A rational decision-making process practicing value-based conservation is then suggested. This paper argues that rational decision-making can only be practiced once values are identified by objective criteria and managed by rational judgment upon impact assessment. Community involvement, the third principle, is necessary to realize value-based conservation and rational decision-making. Recognizing that a community is a beneficiary of heritage and a creator of a beneficial process at the same time, it discusses the role of community and the importance of this role in policies for the sustainability of heritage. This paper concludes with a set of recommendations to improve policies after examining the two decision-making cases.

A Fuzzy Agent System to Control the State Transition for an Autonomous Decision Making on Taxi Driving (택시 운행 중 상태변화에 대한 자율적 의사결정을 위한 퍼지 에이전트)

  • Lim, Chun-Kyu;Kang, Byung-Wook
    • The KIPS Transactions:PartB
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    • v.12B no.4 s.100
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    • pp.413-420
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    • 2005
  • In this paper, we apply software agents, which use fuzzy logic and make autonomous decisions according to state transitions, to car driving environment. We carry out an experiment on artificial intelligent car driving in terms of real-time reactive agents. Inference techniques for constructing real-time reactive agents consider the settings with max-product inference, n-fuzzy rules, and n-associatives ($A_l,\;B_l),\;{\ldots}(A_n,\;B_n$). Then we perform defuzzification processes, extract a central value, and work out inference processes.

TOTAL RISK INDEX FOR ASSESSING RISK LEVELS OF OVERSEAS CONSTRUCTION PROJECTS

  • Du Yon Kim;Seung Heon Han;Heedae Park
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1414-1418
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    • 2009
  • International construction projects typically manifest difficult, complex, and varied types of risk exposures; because of this, there is a need for accurate evaluation of risk-integrated performances during the timeframe of project execution. Given the financial crisis currently affecting the world economy recession, risk management has become a more crucial part for the success of international project management. However, the majority of risk management approaches, particularly for overseas projects, are focused primarily on simple forms of checklists, formalization of risk variables affecting project performance for a specific phase, or more complicated computational methods that restricting practical utilization in real-world projects; moreover, these methods lack the conceptual basis to broadly visualize the level of risk over all phases of a project. This study suggests an efficient, yet simple risk-integrated total index to successfully assess the risk levels of overseas construction projects. To this end, this paper first investigates the life cycles and key processes of decision-making for a given project and then derives formulas to represent the total risk index (TRI) along the key decision-making processes. In addition, the study examines the relationships between TRI and performance levels based on the analysis of 126 real-world project samples. Validations using the proposed TRI showed a high correlation to project performance, signifying the usefulness of the proposed approach for construction firms when investigating the level of risks and key areas for management focus.

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Data Dependency Graph : A Representation of Data Requirements for Business Process Modeling (데이터 의존성 그래프 : 비즈니스 프로세스 설계를 위한 데이터 요구사항의 표현)

  • Jang, Moo-Kyung
    • Journal of the Korea Safety Management & Science
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    • v.13 no.2
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    • pp.231-241
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    • 2011
  • Business processes are often of long duration, and include internal worker's decision making, which makes business processes to be exposed to many exceptional situations. These properties of business processes makes it difficult to guarantee successful termination of business processes at the design phase. The behavioral properties of business processes mainly depends on the data aspects of business processes. To formalize the data aspect of process modeling, this paper proposes a graph-based model, called Data Dependency Graph (DDG), constructed from dependency relationships specified between business data. The paper also defines a mechanism of describing a set of mapping rules that generates a process model semantically equivalent to a DDG, which is accomplished by allocating data dependencies to component activities.

Functional Requirements for VTS Decision Support System (VTS 의사결정지원 시스템 기능 요구 사항)

  • Lee, Sang-Woo;Lee, Byung-Gil
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2015.07a
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    • pp.338-339
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    • 2015
  • VTS Decision Support System can be defined a tool which assists VTS operator for decision-making at operational, planning and management level especially for the safety and efficiency of vessel traffic. This paper presents classification of VTS Decision Support System, detailed definition of alerts, and operational and functional requirements of VTS Decision Support System.

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The Impact of Croup Member Characteristics on the Use of GDSS (집단요인이 GDSS활용의 효과에 미치는 영향에 관한 연구)

  • Park, Moo-Jin
    • Journal of the Korean Operations Research and Management Science Society
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    • v.23 no.4
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    • pp.171-186
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    • 1998
  • While one main stream of research in GDSS (Group Decision Support System) is to investigate how GDSS affects decision-making performances of groups according to task types, support features, meeting facilitation modes and meeting environments. little study h3s been done about how group characteristics affect group decision processes and outcomes depending upon GDSS is provided or not. So far, most GDSS research has considered group characteristics (e.g. personality homogeneity) as given and did not include it as control variables in experiments. Therefore, the objective of this study is to investigate how members of two different groups perceive the use of GDSS in group meetings through lab experiments. The two groups are homogeneous and heterogeneous groups in terms of members' personality mix. This research found that the effect of GDSS is a function of groups' personality homogeneity in regards of the satisfaction on decision process and the communication thoroughness. The support of GDSS and the group homogeneity are proved to influence participant's perception about some dependent variables such as satisfaction on decision process.

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Eliciting Mental Models for Mobile Device Purchase Decision Making (모바일 기기 구매 의사결정에 관한 멘탈 모델의 추출)

  • Hwang, Sin-Woong;Yoon, Yong-Sik;Sohn, Young-Woo
    • Science of Emotion and Sensibility
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    • v.10 no.1
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    • pp.23-36
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    • 2007
  • This research focused on eliciting and analyzing mental models of mobile device purchasing consumers who are distinguished by their familiarity with information technology. Mental model elicitation processes proceeded by critical decision method. And Pathfinder algorithm and Social Network Analysis were used to analyze the mental models. The results show that IT-familiar consumers have mental models of which elements are more organized and distinctive while IT-unfamiliar consumers have vague and socially affected mental models.

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Optimal Design of Batch-Storage Network (회분식 공정-저장조 그물망 구조의 최적설계)

  • 이경범;이의수
    • Journal of Institute of Control, Robotics and Systems
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    • v.4 no.6
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    • pp.802-810
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    • 1998
  • The purpose of this study is to find the analytic solution of determining the optimal capacity of processes and storages to meet the product demand. Recent trend to reduce product delivery time and to provide high quality product to customer requires the increasing capacity of storage facilities. However, the cost of constructing and operating storage facilities is becoming substantial because of increasing land value, environmental and safety concern. Therefore, reasonable decision making about the capacity of processes and storages is important subject for industries. The industrial solution for this subject is to use the classical economic lot sizing method, EOQ(Economic Order Quantity) model, trimmed with practical experience but the unrealistic assumption of EOQ model is not suitable for the chemical plant design with highly interlinked processes and storages. This study, a first systematic attempt for this subject, clearly overcomes the limitation of classical lot sizing method. The superstructure of the plant consists of the network of serially and/or parallelly interlinked processes and storages. A novel production and inventory analysis method, PSW(Periodic Square Wave) model, is applied. The objective function of optimization is minimizing the total cost composed of setup and inventory holding cost. The advantage of PSW model comes from the fact that the model provide a set of simple analytic solution in spite of realistic description of material flow between process and storage. The resulting simple analytic solution can greatly enhance the proper and quick investment decision for the preliminary plant design confronting diverse economic situation.

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