• Title/Summary/Keyword: cost evaluation

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A Study on the Selection of the Optimum Railroad Line using VE-LCC Analysis (VE-LCC 분석을 통한 철도의 최적노선 선정방안 연구)

  • Shin Tae-Kyun;Son Seok-Ku;Lee Seung-Hoon;Koo Kyo-Jin;Hyun Chang-Taek
    • Proceedings of the KSR Conference
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    • 2003.05a
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    • pp.315-320
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    • 2003
  • Selecting a railroad line requires the comparative evaluation of various elements. As a systematic approach to this selection it will be necessary to apply the VE study and the LCC analysis. This study proposes a methodology for selecting the optimum line of the ralroad using VE-LCC analysis. The VE study is performed by following four steps : Information analysis, Function analysis, Alternative evaluation, and Optimum plan selection. The economics evaluation in VE study is using LCC analysis and Sensitivity analysis. Cost items in LCC analysis are classified into bridge, tunnel, rail, and earthwork. We could select the optimum alte-rnatives considering not only cost elements hut also various evaluation element in VE-LCC analysis. The synthetic evaluation process of relative value composition and weighted matrix evaluation

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Use of Economic Evaluation in the Listing and Pricing of Pharmaceuticals (의약품 보험 급여 및 가격 결정과 경제성 평가의 활용)

  • Lee, Tae-Jin
    • Journal of Preventive Medicine and Public Health
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    • v.41 no.2
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    • pp.69-73
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    • 2008
  • To curb a rapid increase in expenditures for pharmaceuticals, the Korean government introduced a positive list system and a negotiation process for drug prices at the end of 2006. Economic evaluation of pharmaceuticals has begun to have a pivotal role in the listing and pricing of drugs for the Korean National Health Insurance. There are some points to discuss regarding the use of economic evaluation in the listing and pricing in the context of the Korean system. First, the listing and pricing processes have been fragmented, evoking complaints from pharmaceutical companies and delaying the access of new drugs to patients. Second, there is a concern that the positive list system may limit the range and availability of drugs for patients to choose for treatment. Third, the time schedule for de-listing of existing drugs may not be realistic. Fourth, it is not always easy to provide reliable evidence of cost-effectiveness due to a lack of materials. Fifth, there is no consensus on the range of the ICER (incremental cost-effectiveness ratio) acceptable to the Korean society. In conclusion, in the near future, it will be necessary to evaluate the achievements that the economic evaluation has provided to the Korean society.

A Study on the Change of Critical Elements of the Design Evaluation during the last two Decades - Focused on Architectural Competition in Germany - (최근 20년간 디자인 평가항목 변천에 관한 연구 - 독일설계경기를 중심으로 -)

  • Cho, Ja-Yeon
    • Korean Institute of Interior Design Journal
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    • v.20 no.2
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    • pp.3-9
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    • 2011
  • In this study, the change of critical elements of the design evaluation was investigated during two decades at the architectural competition which was held nationwide in Germany. Specifically, the periods of investigation span both from July 1989 to June 1990 and from July 2009 to June 2010. The results of the analysis show that the cost of construction, the maintenance cost, the design of facade and the energy conservation are being magnified for the new important elements. The images of buildings and the economic aspects are meant to be high. The frequency of the critical elements for interior spaces is approximately two times more important than those for the forms and outdoor spaces. Overall, many juries of the architectural competition in Germany were interested in the elements for interior spaces. The field of function accounts for roughly the half of four basic architectural fields such as function, others, aesthetic and construction fields. The critical elements are required persistently such as context, Circulation, organization of space, form, landscape and outdoor space design, arrangement of building, cost of construction, function, design of facade, location of main entrance. These items are regarded as the most important elements of the design evaluation at the competition. Knowing the change of critical elements of the design evaluation, we can understand the trend of architecture in Germany. The results of this study can be applied in Korea to develop the critical elements of design.

Review of Programs for Improving Patient's Access to Medicines (의약품 접근성 향상을 위한 방안 고찰)

  • Kim, EuGene;Kim, Younhee
    • Korean Journal of Clinical Pharmacy
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    • v.28 no.1
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    • pp.40-50
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    • 2018
  • Objective: This study presented the analysis period, the complexity of combined therapy and comparator choice as the key limitations in the economic evaluation of new drugs, and discussed programs for coping with these limitations. Methods: This study evaluated the post-evaluation, risk-sharing agreement, extra funding program, and flexible incremental cost-effectiveness ratio (ICER) threshold as actions or programs that would increase accessibility to costly new drugs. The study also presented the cases of other countries. The application of the post-evaluation was considered to deal with high uncertainty regarding new drugs. Results: The risk-sharing agreement was introduced in European countries as well as South Korea and has been responsible for the shift from using the financial schemes to outcome-based schemes. The drug funding program has had troubled in securing stable extra funds. The application of higher ICER in the economic evaluation of expensive and innovative oncology drugs was criticized because of the inequity between oncology patients and patients with other diseases. Conclusion: Therefore, introducing and applying actions that would increase the accessibility to costly new drugs in South Korea have been deemed necessary after careful reviews and discussions with various stakeholders (insurer, policy makers, pharmaceutical companies and patients).

Laboratory/Field evaluation and calibration method of low-cost PM sensor for indoor PM2.5, PM10 measurement (실내 미세먼지 측정을 위한 저가형 PM 센서의 실험실/현장 평가 및 보정 방법)

  • Doheon, Kim;Dongmin, Shin;Jungho, Hwang
    • Particle and aerosol research
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    • v.18 no.4
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    • pp.109-127
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    • 2022
  • Recently, low-cost particulate matter (PM) sensors have been widely used in monitoring mass concentration. Maintaining the accuracy of the sensors is important and requires rigorous performance evaluation and calibration. In this study, two commercial low-cost PM sensors(LCS), Plantower PMS3003 and Plantower PMS7003, were evaluated in the laboratory and field with a reference-grade PM monitor (GRIMM 11-D). Laboratory evaluation was conducted with single/mixed particles of PSL (Poly Styrene Latex) in an acrylic chamber at 20℃ and relative humidity of 20%. Field evaluation was conducted inside a building of Yonsei University (Shinchon) from February 12 to March 31, 2022. In both evaluations, LCS measured values became different from reference measured values when the relative humidity was high or the outdoor air PM10/PM2.5 ratio was high. Based on the field evaluation, the LCS measured values were corrected through four different regression analysis models. As a result, the multivariate polynomial regression analysis model showed highest matching with the reference PM monitor (PM2.5 >0.9, PM10 >0.85). In this model, the PM10/PM2.5 ratio and relative humidity were chosen as independent variables.

Performance Analysis Framework for Post-Evaluation of Construction Projects through Benchmarking from Advanced Countries (선진국 사례 벤치마킹을 통한 건설공사 사후평가 성과분석 체계 개발)

  • Lee, Kang-Wook
    • Journal of the Korean Society of Industry Convergence
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    • v.25 no.6_2
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    • pp.1017-1027
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    • 2022
  • Development of social overhead capital (SOC) requires huge national finance, and performance issues such as cost-efficiency, safety, and environment have been constantly raised. However, currently each construction client has limited access to its own projects' performance without analytic methodology for industry-level comparisons and benchmarking for improvement. To overcome this problem, this study proposes a comprehensive performance analysis framework for post-evaluation of large-scale construction projects. To this end, this study performed a case study of advanced countries (the U.S., the U.K. and Japan) and consultation with related experts to develop a tailored performance analysis framework for the Post- Construction Evaluation and Management system in Korea. The developed framework covers three categories (project performance, project efficiency, and ripple effect), nine areas (cost, schedule, change, safety, quality, demand, benefit-cost ratio, civil complaint, and defect), and 31 detailed metrics. Using industry-level project performance database and statistical techniques, the proposed framework can be used not only to diagnose excellent and unsatisfactory performance areas for completed construction projects, but also to provide reference data for future similar projects. This study can contribute to the improvement of clients' performance management practices and effectiveness of construction projects.

Theory and Methods for the Evaluation of Environmental Resources (환경자원의 가치평가 이론과 주요 방법)

  • Kim, Joon-Soon
    • Journal of Forest and Environmental Science
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    • v.19 no.1
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    • pp.108-123
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    • 2003
  • The importance of environmental resources has been recognized over the world after Rio declaration(1992). so it is moved to monetarize environmental resources. The studies on the evaluation of nonmarket goods began also in the early 1990 in Korea. In practice the preliminary feasibility studies(PFS) are carried out since 1999 in case of major public investments projects. In PFS the Benefit-Cost analysis is practically used. which is considering the evaluation of environmental resources. But the methods for the evaluation have not been fixed up. In this study It is introduced to the theory and major methods for the evaluation of environmental resources. In the theory the evaluation is handled in aspect of demand function and supply function. The optimum level can be extracted from the two functions. In the method. travel cost method(TCM), hedonic price method(HPM) and contingent valuation method(CVM) are introduced according to the market structures.

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Analytic Outage Cost and Marginal Cost Evaluation in Generation Planning (전원계측에서의 공급지장비와 자계비용의 해석적 추정에 관한 연구)

  • Bong-Yong Lee;Chung-Hoon Kim;Young-Moon Park
    • The Transactions of the Korean Institute of Electrical Engineers
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    • v.32 no.2
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    • pp.33-42
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    • 1983
  • Outage cost inclusion in operational simulation is very important subject in generation planning. Conventional discretized one in probabilistic simulation has unavoidably insufficient modeling and costly computation time. Now that the analytic operational simulation is possible, the outage cost inclusion is desired. With this inclusion the objective function of operational simulation becomes convex, so that analytic manipulation is easier. The derivation of outage cost is made in this paper, and the effects is evaluated. Further marginal cost is mentioned.

Reliability Improvement Considering Interruption Cost with Load Type in Distribution Systems (부하형태에 따른 정전비용을 고려한 배편계통의 신뢰도 향상)

  • Kim, Kyu-Ho;Bae, In-Su;Kim, Jin-O;Lee, Sang-Keun
    • Proceedings of the KIEE Conference
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    • 2004.11b
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    • pp.143-146
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    • 2004
  • This paper presents a method to improve reliability by dispersed generation (DG) installation considering load types and interruption cost. The objective functions such as power losses cost, operation cost of DGS, power buy cost and interruption cost are minimized for reliability improvement and efficient operation. The several indices for reliability evaluation are improved by dispersed generation system installation.

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An assurance level and product type based evaluation effort model for CC evaluation (CC기반에서 보증수준 및 제품유형을 동시에 고려한 평가업무량 모델)

  • Choi, Sang-Soo;Choi, Seung;Lee, Wan-Seok;Lee, Kang-Soo
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.14 no.1
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    • pp.25-34
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    • 2004
  • Common Criteria(CC, ISO/IEC 15408) is an international standard for evaluation of Information Suity Systems(ISS). There need a suitable evidence of estimation of evaluation cost in an evaluation facility under the CC-based evaluation and assurance scheme. In this paper, we propose an evaluation effort model, which is based not only on assurance-level but also on product-type of ISS, by means of real experience of real evaluators, use-ratio concept and the Function Point of security function. The model is based not on a real evaluation environment of evaluation facility, but on CC, public PPs and product specific STs. Our result might be used as a basic model for estimation of evaluation cost and time of ISS in an CC-based evaluation and assurance scheme.