• New & Renewable Energy
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• v.10 no.1
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• pp.41-49
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• 2014

For a proper valuation of wind power project, it is necessary to consider volatilities of key parameters such as annual energy production, electricity sales price, and long term interest rate. Real option methodology allows to calculate option values of these parameters. Volatilities to be considered in wind project valuation are 1) annual energy production (AEP) estimation due to meteorological variation and estimation errors in wind speed distribution, 2) changes in system marginal price (SMP), and 3) interest rate fluctuation of project financing which provides refinancing option to be exercised during a loan tenor for commercial scale projects. Real option valuation turns out to be more than half of the sales value based on a case study for a FIT scheme wind project that was sold to a financial investor.

• Journal of Technology Innovation
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• v.12 no.3
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• pp.111-134
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• 2004

Current technology innovation or new product development project is composed of various process elements that conduct researches on fundamental technologies. However, with the effects of PERT and CPM, the greater part of the existing project management researches have only focused on the resource allocation and scheduling. But in the multi-project environment, priorities between technology elements need to be considered. Furthermore, a disagreement of opinion between project managers and researchers should be considered. In this study, technology element priority was determined using modified QFD and Taguchi method. Outcome of each method was compared to analyze the difference between project managers and researchers. As a result, QFD method showed relatively high level of consistency between project managers and researchers.

• Korea Trade Review
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• v.44 no.1
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• pp.221-235
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• 2019

SMEs are experiencing difficulties in doing sales promotion due to the low awareness of the image of the company and the products produced by them in the global market. Therefore, the Government should seek ways to raise awareness of SMEs' image and products. SMEs have to carry out global innovation activities needed to develop new products or new technologies, but they are exposed to limitations of these innovative activities due to the limit of their available resources. Therefore, as a national project, the Ministry of SMEs and Startups and the Small and Medium Business Corporation are doing project for fostering and constructing global shopping mall (independent mall) so that SMEs can strengthen their global innovation activities. The purpose of this paper is to contribute to succeeding in the project for fostering and constructing global shopping mall (independent mall) by studying the case of Zungle Incorporation which operates a global shopping mall and greatly increases exports by participating in this project, and identifying success factors of Zungle Incorporation in doing this project.

• International conference on construction engineering and project management
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• 2011.02a
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• pp.269-272
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• 2011

The impact of a new stadium on the urban context and regional development is significant. Especially where several new stadiums are built for single mega events like the Olympic Games, Commonwealth Games or the Soccer World Cup the impact is even higher. Objective of this paper is to identify and analyze the key drivers for sustainable integration of stadiums within the existing context. The level of sustainability is analyzed based on four different categories: urban, social, environmental and economics. Particular focus is on the project management strategy for implementation of the key drivers during pre-design, design and execution. In conclusion key elements of the project management strategy for sustainable integration of a stadium within the urban, environmental, social and economic context are summarized.

• Land and Housing Review
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• v.5 no.3
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• pp.123-129
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• 2014

Paris hasn't experienced such excitement since the huge changes brought about by Baron Haussmann in the 19th century. Paris Rive Gauche project, started in 1991, is the largest urban project in city ever since, it represents about 1% of Paris territory. It takes place on a workshops, factories and warehouses area that prospered along the Seine river and the railways in the 19th century. Originally planned as a business quarter, Paris Rive Gauche, developed by SEMAPA for the City of Paris, fosters urban diversity through housing, offices, public facilities, shops, creating a stimulating neighbourhood where 18,000 residents, 30,000 students as well as 60,000 employees will soon croth paths. This project's main principles are urban and social diversity, deployment of public facilites, the development of new university campus inside the city, promotion of industrial patrimony and connecting the old 13th distict to the river and the opposite side. Half of the project is going to be built on a concrete slab that covers the railway tracks which is one of the major performances of this long-term project. This concrete slab represents the new level of the City, about 6 to 8 meters above the railway tracks. We distinguish three families of buildings on the cover : Classic buildings; Bridges buildings and Connection buildings, these last guarantee the linkage between old and new level of the City.

• Journal of Agricultural Extension & Community Development
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• v.28 no.3
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• pp.137-151
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• 2021

The study aims to explore the success factors focus on the system for implementing the New Rural Vitalization Plus Project (NRVPP). It offers recommendations to bring the success of the community development projects and support the strategies in political and practical. Conclusions and recommendations for improving the practice of implementation are based on the results of the in-depth interview with 9 developers and experts joining the NRVPP. Findings show that the promotion team as the NGO for the community development project used the collaboration and cooperation network to progress for the success of the project although they suffered the political, legal, and institutional problems hindering the normal function of each promotion entity in municipalities. The implications of the study were presented in the conclusion section.

• Proceedings of the Korean Magnestics Society Conference
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• 2007.05a
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• pp.41.1-41.1
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• 2007

• Journal of the Korean Operations Research and Management Science Society
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• v.15 no.1
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• pp.47-61
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• 1990

The purpose of this study is to construct a new model named Communication Consensus Value Weighted (CCVW) model based on inter-personal technical communication within a project team, and to design Feasibility Estimates Integrated Terminal System (FEITS) which is a subsystem of R & D Project Planning System/System Alternatives Feasibility Estimation System (RDPPL/SAFES) using the model as a key function for feasibility estimation in that system. This new model aims to integrate technical feasibility estimated by several estimators in the lowest level as the project work breakdown structure which is the indentical conception of a terminal system in RDPPL. The process to obtain the feasibility estimate integrated is presented in this paper.

• The Journal of the Korea Contents Association
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• v.12 no.8
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• pp.29-36
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• 2012

In CCPM Technique, as the buffer size calculation method, the Cut and Paste(C&P) method and the Root Square Error (RSE) method for all tasks carried out the same treatment, without considering the actual situation and characteristics of the task, the lack of reasonable judgment, is too simple and hasty. In this paper, taking into account the limitations of existing methods, a new method of buffer sizing method based on statistical analysis was introduced. It makes statistical analysis for the relationship between each worker and a variety of tasks, and use the information to predict the next task time. In order to verify the effectiveness of the new method, according to different task difficulty and the number of tasks set up the project. Use C&P, RSE method and new methods to predict the time of the project. Through Monte Carlo Simulation to simulate the project time, a comparison of three methods of performance. The results show that the new method can achieve the managers expect the probability of completion, and for those tasks can be completed ahead of schedule, the new method can save project time.

• Proceedings of the Korea Inteligent Information System Society Conference
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• 2005.11a
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• pp.241-250
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• 2005

New product development (NPD) is defined as the transformation of a market opportunity and a set of assumptions about product technology into a product available for sale. Managers charged with project selection decisions in the NPD process, such as go/no-go choices and specific resource allocation decisions, are faced with a complicated problem. Therefore, the ability to develop new successful products has identifies as a major determinant in sustaining a firm's competitive advantage. The purpose of this study is to develop a new evaluation model for NPD project selection in the high -tech industry using support vector machines (SYM). The evaluation model is developed through two phases. In the first phase, binary (go/no-go) classification prediction model, i.e. SVM for high-tech NPD project selection is developed. In the second phase. using the predicted output value of SVM, feasibility grade is calculated for the final NPD project decision making. In this study, the feasibility grades are also divided as three level grades. We assume that the frequency of NPD project cases is symmetrically determined according to the feasibility grades and misclassification errors are partially minimized by the multiple grades. However, the horizon of grade level can be changed by firms' NPD strategy. Our proposed feasibility grade method is more reasonable in NPD decision problems by considering particularly risk factor of NPD in viewpoints of future NPD success probability. In our empirical study using Korean NPD cases, the SVM significantly outperformed ANN and logistic regression as benchmark models in hit ratio. And the feasibility grades generated from the predicted output value of SVM showed that they can offer a useful guideline for NPD project selection.