• Title/Summary/Keyword: Transportation Project

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Transportation Economic Analysis Method for a Maglav System (자기부상열차 도입의 교통경제학적 평가방법 연구)

  • Kim Hyun-Woong
    • Proceedings of the KSR Conference
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    • 2005.11a
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    • pp.1276-1280
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    • 2005
  • The Maglav system project affects communities and are usually funded by public agencies. Evaluation of this project that considerably impact whole communities requires public involvement. This specific requirement of transportation projects determines the method of their evaluation as the impacts are estimated from the transportation economic point of view. Especially evaluation criteria must reflect the needs of the interested parties and should consider all foreseeable benefits and losses caused by the Maglav project. To select evaluation criteria and evaluation method may help a decision--maker in making a best selection for a Maglav project.

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IMPLEMENTATION OF TRL TOOLS TO KOREAN NATIONAL CONSTRUCTION AND TRANSPORTATION R&D PROJECTS FOR IMPROVING PRACTICAL USE

  • Namgyun Kim;Byungho An;Jaehong Choi;Hyunseok Lee;Sanghyuk Park;Yeasang Kim
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.608-615
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    • 2013
  • The major countries including Korea extend the national investment on R&D and implement the business performance diffusion policy as the knowledge based competition age arrives recently. The necessity for risk management and systematic management system for R&D achievement have been appeared to prevent the failure as the R&D scale becomes larger as it was said. For this matter, the organization such as NASA and DoD in USA defines the Technology Readiness Level (TRL) as a quantitative accomplishment management index and utilize the Technology Readiness Assessment (TRA) system as a criterion. Such tool is evaluated as very effective in the R&D project purposed the practicalization. It is expected that the disadvantage of evaluation system which is oriented to the academic accomplishment in its contents of current research and to contribute greatly to the practicalization of outcomes when such technology readiness level concept is applied to Korean national construction and transportation R&D project. Accordingly, this study analyzed the concept of TRL·TRA, the characteristics and current evaluation management system of Korean national construction and transportation R&D project and suggested the construction and transportation R&D project TRL·TRA performance model to accomplish the practicalization purpose.

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INVESTMENT EVALUATION OF TRANSPORTATION INFRASTRUTURE PROJECTS USING BINOMIAL REAL OPTION MODEL

  • Qiyu Qian;Xueqing Wang;Charles Y.J. Cheah
    • International conference on construction engineering and project management
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    • 2007.03a
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    • pp.563-572
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    • 2007
  • Transportation infrastructure is critical to economic growth of a country such as China. Careful evaluation of investments in traffic infrastructure projects is therefore pertinent. As traditional evaluation methods do not consider the uncertainty of future cash flows and mobility during project execution, the real option approach is gradually gaining recognition in the context of valuing construction and infrastructure projects. However, many of the cases only evaluate individual options separately although multiple options often exist in a typical large infrastructure project. Using a highway project in China as a case study, this paper first evaluates a deferment option and a growth option embedded in the project. Subsequently, the values are combined using the fuzzy analytical hierarchy process. It is found that the combined value is less than the sum of the two option values. This finding is consistent with the theoretical observations given in past real option literature despite the use of a different approach.

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A Plan of Project Information Management through Analysis of Drafting Process for Transportation Planning (양중계획입안 프로세스의 구조화를 통한 프로젝트 정보관리 방안)

  • Kim, Jin-Ho
    • Journal of the Korea Institute of Building Construction
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    • v.8 no.3
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    • pp.101-109
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    • 2008
  • As the number of high-rise building construction projects grows up, the subject of the transportation planning has become one of the grave issue. however important decision making are made by the experience of the a planner without the rational plans for information sharing. therefore, the purpose of this study is to suggest a plan of prefect information management not only for describing drafting process for transportation planning but also for systematizing information used in the procurement, transportation and construction phase to achieve these objectives, this study 1)analyzes the prior theory about transportation planning, 2)performs a case study of actual project to embody the problems of site management by analyzing the results of interviewing experts. In conclusion, the following factors are systematized : 1)the structure of drafting process for transportation planning, 2)the contents of information used in the procurement, transportation and construction phase, 3)the actual condition of code breakdown structure in transportation Planning phase. It is anticipated that the proposed methodology would be able to improve information management among the related engineers and accumulated data that might be used in similar construction projects in Korea.

Analysis of the Construction Plan and Enforcement Condition of the Port Circular Highway for Cargo Transportation of the Pusan Port (부산항 물동량 처리를 위한 광역배후수송도로의 건설계획과 시행실태 분석)

    • Journal of Korean Port Research
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    • v.13 no.2
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    • pp.313-322
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    • 1999
  • Pusan the principal port of South Korea, has opened its door since 1876. Currently, the four-stage port construction project is under way to handle ever-growing marine transportation volume. While the port unloading capabilities are increasing the infrastructure to deal with all the transportation volume failed to catch up with them. Accordingly the city had to suffer from worst traffic congestion on due to the increasing container traffic volume causing logistical costs to rise. This study was designed to inspect the enforcement of infrastructure construction plan and suggest systematical and effective ways to improve the plan. The study focused on :\circled1The decision-making procedure, \circled2Financial resource for the plan, \circled3Effectiveness of the project enforcement, and \circled4Who will be in charge of the project. As a result from the study, these followings were suggested to improve the plan. First, Pusan Port Infrastructure consisting of (Inter-city Free way, Belt Highway and Outer Highway) should be immediately legally-regulation project. Second, the method to finance the project should be deter-mined and investment consultation among the central government the city government and private sector should be also made. Measures to make the central government budget allocation for the project mandatory should be discussed. Third, Effectiveness of the project can be doubled by gradually or partialyl opening the routes based on long-term or short-term operating plans. Fourth, The organizer of the project should be appointed, or a special task-force team in charge of the plan can be formed.

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A Study on Future Transportation Policy Based on the Smart Highway Project (스마트 하이웨이 사업에 따른 미래 교통정책의 변화에 관한 연구)

  • Choi, Jae-yong;Kim, Nak-seok
    • Journal of the Society of Disaster Information
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    • v.6 no.2
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    • pp.131-142
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    • 2010
  • The paper presents the future transportation policy based on the smart highway project in korea. The backgrounds and the principal findings in this study were obtained through domestic and overseas literature surveys. The domestic and overseas transportation policies were also compared and analyzed using various case studies. As a result, the future transportation policy in Korea was concluded within the limit conducted in this paper. Research results demonstrated that the future transportation policy should be reflected and accompanied by various social developments. The social benefits from the future transportation policy should also be distribute equally to social individuals, rather than small limited groups. That is, the recent global slogan of green growth is an example of a future transportation policy since it is for all social individuals, not for a limited small group.

A Study on Criteria for investment Priority of Railway Project (철도건설 투자우선순위에 관한 연구)

  • Park, Il-Ha;Park, Yong-Gul;Kim, Si-Gon
    • Proceedings of the KSR Conference
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    • 2008.11b
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    • pp.112-116
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    • 2008
  • Determining the investment priority of the railway project is essential to keep its object of railway investment. [National railway construction plan] provide 4 major evaluation indicators and their weighting range in determining the investment priority of railway construction. Which are investment efficiency, inter-regional balance of development, network effects, government supporting policy. However this present criteria has inconsistency in determining economical feasibility of the railway transportation when applying the same evaluation indicator, investment efficiency, with the road transportation. The railway transportation is superior to road transportation in terms of transportation capacity and distance, while offering less carbon emissions. In spite of the prominent position of the railway transportation, it can be failed to obtain its proper investment priority when being determined under economical feasibility based. Therefore, this study analyzed the inconsistency under present evaluation criteria and proposed new evaluation method for the investment priority of the railway construction using AHP(analytic hierarchy process), while differentiate from the road construction. This method is optimized for only determining the priority of the railway construction itself under object of railway investment respectively.

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Construction Delay Analysis Using Daily Work Report Data for Short Construction Seasons

  • Jamal, Md Shah;Abdelaty, Ahmed;Shrestha, K. Joseph
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.616-623
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    • 2022
  • Some regions and states, such as Wyoming, have harsh weather conditions, forcing most transportation projects to be completed under tight schedules. However, construction projects are not only delayed by weather conditions, but also delayed by other factors such as contractor's competency, resource availability, coordination issues, and safety. Also, the construction method, geographical location of the projects, and inability to follow baseline schedules accurately due to the contractor's resource allocation are also reasons for the delay. This paper discusses the main reasons for the delay in the public transportation projects based on Daily Work Reports (DWRs) from five different transportation projects of the last three years in Wyoming. This paper focuses on the inconsistencies of the contractor's schedules to complete the project according to the baseline schedule. First, the authors collected DWRs and baseline schedules from the Wyoming Department of Transportation (WYDOT). Second, the DWR data are compared against the baseline schedules to determine the reasons for delaying their significance. Finally, the paper presents the recommendations to mitigate the effects of delays on public transportation projects as well as to improve the documentation process of DWR data.

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A Study on the Linkage Strategy for Urban Regeneration Considering Local Characteristics (지역특성을 고려한 기성시가지의 연계적 재생전략 연구)

  • Kim, Cheol-Su;Jung, Byung-Doo;Kang, Seung-Kyu
    • Journal of the Korean housing association
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    • v.23 no.5
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    • pp.87-94
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    • 2012
  • The primary purposes of this study are to suggest a medium-sized regeneration project which includes the excluded small sites near existing regeneration site, to identify urban improvement type which fits local conditions, and to suggest proper regeneration strategies for the improvement type. Main findings of this study are follows. First, the size of the living environment improvement project in urban area should be larger than 3ha and government's incentives are required for parcel merges to make the medium-size project site. Second, independent type of urban regeneration project should consider local characteristics while center-spread type of urban regeneration project should build a center by providing neighborhood facilities and proper housings. Third, urban regeneration project should be able to utilize local assets, such as cultural heritages, natural landscapes, transportation facilities. Fourth, standards for public support should be prepared to improve local competitiveness. Last, further studies are required for urban regeneration system improvement.