• Title/Summary/Keyword: EPC-Global

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Overseas Construction Order Forecasting Using Time Series Model (시계열 모형을 이용한 해외건설 수주 전망)

  • Kim, Woon Joong
    • Korean Journal of Construction Engineering and Management
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    • v.19 no.2
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    • pp.107-116
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    • 2018
  • Since 2010, Korea's overseas construction orders have seen dramatic fluctuations. I propose causes and remedies for the industry as a whole. Orders have recorded an annual average of $63.8 billion dollars from 2011 to 2014, reaching its highest at $71.6 billion dollars(2010) which marked the peak of Korea's overseas construction. However, due to a decline in international oil prices, starting in the last half of 2014, Korea's overseas construction orders have followed suit recording $46.1 billion dollar in 2014, $28.2 billion dollars in 2016, and $29.0 billion dollars in 2017. Facing uncertainty in Korea's overseas construction market, caused by continued slow growth of the global economy, Korean EPC contractors are at a critical point in regards to their award-winning capabilities. Together with declining oil prices, the challenges have never been bigger. To mitigate the challenges, I would suggest policy direction as a way to grow and develop the overseas construction industry. Proper counterplans are needed to foster Korea's overseas construction industry. Forecasting total order amount for overseas construction projects is essencial. Analyzing contract award & tender structure and its changing trends in both overseas and world construction markets should also be included. Korea has great potential and global competitiveness. These measures will serve to enhance Korea's overall export strategy in uncertain overseas markets and global economy.

Improved Scheme to Manage Engineering Man-hour in a Plant Project (플랜트 프로젝트에서의 설계시간 관리 기법 개선 방안에 관한 연구)

  • Shin, Ji-Roh;Moon, Seung-Jae;Lee, Jae-Heon
    • Plant Journal
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    • v.5 no.1
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    • pp.51-59
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    • 2009
  • The global plant construction market has grown dramatically since 2000. As the market grows, domestic EPC contractors are expanding to meet its needs and have made great strides in terms of economic indicators from a decade ago. Larger projects involve a number of risk factors, such as volatile oil prices, however, and thus require quantitative and elaborate project management techniques for the ultimate success of a project's profitability. In addition, many Korean companies face difficulties in predicting potential risks and problems due to a lack of experience in dealing with the global market trend toward projects based on the Cost-re(Cost Reimbursable) contract as opposed to those based on the LSTK(Lumpsum Turnkey) contract. This study will examine methods and types of man-hour management according to plant project contract types. Further, it will explore the man-hour management system for successful completion of projects by satisfying the client's needs and enhancing the convenience in engineers' using the system. Additionally, this study will analyze the current system and identify its problems to address potential problems.

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Systems Engineering-based Approach In Developing Concept Design Of Carbon Capture System (이산화탄소 포집 시스템 개념설계 개발을 위한 시스템 엔지니어링 기반 접근방법)

  • Lee, Chang Hwan;Hong, Dae Geun;Yoon, Su Chul;Suh, Suk-Hwna;Sur, Hwal Won
    • Journal of the Korean Society of Systems Engineering
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    • v.9 no.2
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    • pp.23-36
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    • 2013
  • Plant industry is one of technology-intensive and most prosperous industries in Korea because of its recent prosperity and promising outlook in export. However, no Korean EPC company has yet been well prepared in lifting their capacity sufficient enough to get the upstream conceptual or basic design and engineering orders for sizable plant projects which are known as the more value-added. If systems engineering, a methodology which developed complex systems such as airplanes and has been justified its effectiveness in Defense and NASA projects, can be integrated with plant engineering which should be developed and applied based on the requirements of so many stakeholders, conditions, lifecycle concepts, and constraints of the projects, huge synergic effect is expected particularly in developing a specific upstream design, which is a conceptual or basic design. The notion of integration with each other between systems engineering and plant engineering can be really the crux of EPC's success in any plant projects. This paper suggests an approach showing a methodology how to dig out, analyze, evaluate, verify and implement the stakeholders' requirements into a plant design in conceptual phase using the theory and skills of systems engineering. ISO/IEC 15288 well known systems engineering standards is used. Carbon capture system is used for a case study, for it is an emerging technology in reducing emissions of carbon dioxide causing global warming from flue gas after combustion. Here systems engineering was proven to play a substantial role in enhancing the capability of designers in developing a conceptual design of whole plant or certain part of crucial plant systems.

Global Project Finance Trends and Commercial Risk Analysis (글로벌 프로젝트 파이낸스 최근 동향 및 상업위험 분석)

  • Kim, Sang Man
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.61
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    • pp.273-302
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    • 2014
  • Project finance ("PF") is a method of raising long-term debt financing based on lending against the cash flow generated by the project alone. Project finance is a nonrecourse or limited recourse financing structure against the sponsors(or the investors). The debt terms in a project finance are not based on the creditor's credit support or on the value of the assets of the project. Lenders rely on the future cash flow to be generated by the project for debt repayment and interest, rather than the value of the project or the credit ratings of the sponsors. The non-recourse or limited recourse financing usually prompt potential project finance lenders to assess carefully all possible risks that might arise in a project to ensure that those risks are mitigated and controlled. In this respect, project finance is a opposite financing method of corporate finance. Project finance has rapidly grown over the last 20 years due to the worldwide process of privatization of public sector and development of natural resources. Global project finance volume reached the record USD 406.5 billion in 2011. In 2012, however, Global project finance volume dropped 6% to USD 382.3 billion. Infrastructure overtook Energy to lead all sectors with USD 113.6 billion. It is generally recognized that there are more and higher risks in project finance compared with corporate finance. Project finance is exposed to commercial risks as well as political risks. The main commercial risks are completion risks, environmental risks, operating risks, input supply risks, revenue risks, etc, and the main political risks are currency convertibility and transfer risks, expropriation risks, war and civil disturbance risks, risks of breach of government concession agreement, etc. Completion risks include permits risks, risks relating to the EPC Contractor, construction cost overrun, delay in completion, inadequate performance on completion, etc.

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UHF RFID Hand-Held Transceiver System with Multi-protocol and Multi-Standard supplements (Multi-Protocol/Multi-Standard 지원 UHF RFID 휴대용 리더 시스템)

  • Park, Kyong-Tae;Roh, Hyoung-Hwan;Park, Jun-Seok
    • 한국정보통신설비학회:학술대회논문집
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    • 2007.08a
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    • pp.147-150
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    • 2007
  • This paper presents an advanced RFID reader system implementing multi-protocols and multi-standards at 900MHz. In accordance with the strict regulations specified by ISO 18000-6 B-Type and EPC Global Gen 2, we have designed corresponding systemic factors which meet the domestic radio frequency utilizing bands of 910-914MHz. In addition, we develop numerous crucial factors of system compatibility options including SSB (Single-Side Band) and DSB (Double-Side Band) specifications, also OOK (On-Off Keying), ASK (Amplitude Shift Keying) and PR-ASK (Phase Reversed-Amplitude Shift Keying) modulation formula. Remarkable technical features of system in this paper can be the direct conversion routines using I/Q Modulation/Demodulation respectively, and Full-Duplex formulation operating at identical frequency bands.

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RFID Standardization and Technology Trends (RFID 표준화 및 기술 동향)

  • Oh, S.W.;Pyo, C.S.;Chae, J.S.
    • Electronics and Telecommunications Trends
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    • v.20 no.3 s.93
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    • pp.56-66
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    • 2005
  • RFID 기술은 전파 신호, 즉 라디오 주파수를 이용한 무선 인터페이스를 통해 사물의 정보를 원격으로 주고 받을 수 있는 기술로서, 기존 바코드의 단점을 보완하여 사물의정보화를 촉진함으로써 향후 USN 환경의 핵심 기술로 활용될 것이다. 특히 RFID 기술은 기존의 자동식별 매체에 비해 인식거리 및 제작가격 등에서 서비스 창출과 시장 활성화에 유리한 특징을 갖고 있으므로 현재 물류 및 유통 업계를 중심으로 테스트베드구축과 실증실험이 진행되고 있다. 따라서, 본 고에서는 국제 표준화기구인 ISO/IEC및 RFID 기술 규격화 단체인 EPC global, 그리고 국내 표준화 그룹을 중심으로, RFID기술의 표준화 및 관련 기술 동향을 정리한다.

RFID Technology Standardization Trends (RFID 기술 표준화 동향)

  • Oh, S.W.;Chae, J.S.;Pyo, C.S.
    • Electronics and Telecommunications Trends
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    • v.25 no.4
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    • pp.1-11
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    • 2010
  • RFID 기술은 1990년대 후반부터 교통카드, 출입 관리, 동물 관리, 재고 관리 분야를 시작으로 본격적인 기술 실용화 단계에 들어가면서, 물품을 식별하여 데이터를 자동으로 수집하기 위한 대표적인 기술로 자리잡고 있다. 2000년대 중반 다양한 RFID 실증 실험을 통한 기술 확산 노력과 함께, 인식률 수준 및 장비 상호운용성에 대한 목표가 달성되어 감에 따라, 이제는 센서 기능, 전지 지원, 모바일 단말, 위치 추적, 보안 기술, 소프트웨어 등과 연계된 RFID 응용 기술 표준화가 활발히 추진되고 있다. 이에 본 고에서는 국제 표준화기구인 ISO/IEC JTC 1 및 ITU-T, RFID 산업 규격화 단체인 EPC-global, 그리고 국내 표준화 그룹을 중심으로, RFID 기술에 대한 최신 표준화 동향을 정리한다.

A study on School Assets Management System based on Ubiquitous Sensor Network (유비쿼터스 센서네트워크를 활용한 학교자산관리시스템)

  • Park, Min-Sik;Jeon, Tae-Hyun
    • Proceedings of the Korean Institute of IIIuminating and Electrical Installation Engineers Conference
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    • 2009.05a
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    • pp.277-280
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    • 2009
  • In this paper, the method to apply the RFID technology to schools will be presented in order to effectively integrate and manage various assets in school. The proposed system may be seemed to be very useful of individual school to grasp the status of their assets and also the central government to control and manage the assets scattered far and wide around the country. We also propose the OSN/PMS server based on EPC global standard could be appropriate especially in schools. In addition the proposed system can acquire simultaneously the information from several RFID readers at real time so that it is possible and easy to track the position, the path of moving and the status of assets in the school. To show the usefulness of the proposed system, the prototype of the system has been implemented and conducted. The proposed system seems to be applicable to various fields such as factories, farms, or homes as well as school.

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The Design of An Ultra-Lightweight RFID Authentication Protocol Using The Index Processing Techniques and Random Numbers (인덱스 처리 기법과 난수 사용을 기반으로 하는 초경량 RFID 인증 프로토콜 설계)

  • Kang, Hyunwoo;Lee, Woo jin
    • Proceedings of the Korea Information Processing Society Conference
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    • 2015.10a
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    • pp.676-679
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    • 2015
  • 수동형 RFID는 제한된 자원으로, 무선채널을 사용하는 기술이다. 하지만 여러 보안 문제점이 있으며, 이를 해결하기 위한 각종 암호화 기법이나 알고리즘을 활용한 인증 프로토콜이 발표되었다. AES와 해시는 대표적인 암호화 알고리즘으로써 그 안정성이 검증되었지만, EPC Global에서 규정한 통신 횟수를 만족하기 힘들다. 본 논문에서는 인덱스 처리 기법과 난수 사용을 기반으로 하는 초경량 RFID 인증 프로토콜을 제안한다. 이 프로토콜은 산술 논리연산자를 사용하여 주요 보안 문제를 해결하였다. 그리고 RFID에 최저 통신횟수를 만족하도록 구현 가능한 프로토콜을 작성하였다.

The Study of Maritime Logistics u-Business Model of Applying RFID Middware System based on EPCglobal ALE1.0 Specification (EPCglobal ALE1.0 표준기반의 RFID Middleware System을 적용한 항만물류 u-비즈니스 모델 연구)

  • Yang, Young-Ju;Ahn, Kyeong-Rim;Park, Jung-Chon
    • Proceedings of the Korea Information Processing Society Conference
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    • 2008.05a
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    • pp.541-544
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    • 2008
  • e-비즈니스 환경 하에서 전자적 데이터 교환 또는 WEB을 이용한 비즈니스 트랜잭션 처리를 통해 산업 부분별 자동화나 정보화가 활발히 진행되었다. 전자적으로 데이터를 처리함으로 인해 기존 오프라인을 이용한 비즈니스 환경 보다는 처리 속도나 처리 시간이 단축되었으며 비용도 많이 절감되었다. 그러나 점차 실시간적으로 데이터를 처리하거나 실시간적으로 화물에 대한 흐름을 추적하고자 하는 사용자들의 요구사항이 도출되기 시작하였다. 이에 RFID, USN 등의 유비쿼터스 개념과 기술을 이용한 u-비즈니스가 도입되어 각 분야에 활발히 적용되고 있다. 특히 유통이나 운송 등 물류 분야에 유비쿼터스 기술이 적용됨으로 실시간으로 데이터를 수집할 수 있어 화물의 흐름 추적을 용이할 수 있는 기반이 되고 있다. 본 논문에서는 새로운 비즈니스 환경에 적합하도록 EPC Global 표준에 따라 개발된 RFID 미들웨어를 항만 물류 비즈니스에 적용할 수 있는 비즈니스 모델을 정의하였다. 또한 정의한 비즈니스 모델을 항만 물류 분야에 적용한 사례와 적용 결과에 대해 논의하고자 한다.