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Huh, Young-Ki, Bon-Gang Hwang, and Joong-Seok Lee. "FEASIBILITY ANALYSIS MODEL FOR DEVELOPER-PROPOSED HOUSING PROJECTS IN THE REPUBLIC OF KOREA." Journal of Civil Engineering and Management 18, no. 3 (June 29, 2012): 345–55. http://dx.doi.org/10.3846/13923730.2012.698911.
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The current construction industry recession in the republic of Korea has caused many construction companies to promote their own housing development projects. However, developers are still proposing many housing projects. While many studies on feasibility analysis for housing projects have been released, the focus was on economic feasibility, and factors related to developers have not been identified clearly enough to be used in practice. A feasibility analysis model is developed for apartment development projects in Korea to help main contractors make sound decisions on projects proposed by developers. To establish the model, 31 driving factors behind projects’ success, in seven categories, were identified through several meetings with experts and surveys. Factors such as ‘developer’, ‘method of raising funds’ and ‘method of contract’, which were considered less important in previous studies, were included in the model. Criteria for each factor were also developed to assess the factors quantitatively. Then, each factor was assigned a weight by applying the Analytic Hierarchy Process. ‘Salability’, ‘economic feasibility’, ‘site location’ and ‘method of raising funds’ have relatively high weights. Finally, based on a Monte Carlo simulation, a feasibility analysis model was established, providing a probability distribution of each project's grade. The model was applied to 12 housing projects constructed in Busan (seven successful projects and five abandoned projects) to verify its reliability. The application results showed that the model properly filtered projects that are unlikely to be profitable, indicating that it is reasonably reliable. Our model could thus be a useful tool for contractors, especially those with limited experience in analyzing project development feasibility.
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Kim, Ki-Shin, Joong-Seok Lee, and Young-Ki Huh. "Development of Feasibility Analysis Model for Developer-requested Housing Projects." Journal of the Korea Institute of Building Construction 9, no. 3 (June 20, 2009): 117–25. http://dx.doi.org/10.5345/jkic.2009.9.3.117.
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Remillard, C. M., M. Madden, J. Favors, L. Childs-Gleason, K. W. Ross, L. Rogers, and M. L. Ruiz. "BRIDGING THE GAP BETWEEN NASA EARTH OBSERVATIONS AND DECISION MAKERS THROUGH THE NASA DEVELOP NATIONAL PROGRAM." ISPRS - International Archives of the Photogrammetry, Remote Sensing and Spatial Information Sciences XLI-B6 (June 17, 2016): 145–48. http://dx.doi.org/10.5194/isprsarchives-xli-b6-145-2016.
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The NASA DEVELOP National Program bridges the gap between NASA Earth Science and society by building capacity in both participants and partner organizations that collaborate to conduct projects. These rapid feasibility projects highlight the capabilities of satellite and aerial Earth observations. Immersion of decision and policy makers in these feasibility projects increases awareness of the capabilities of Earth observations and contributes to the tools and resources available to support enhanced decision making. This paper will present the DEVELOP model, best practices, and two case studies, the Colombia Ecological Forecasting project and the Miami-Dade County Ecological Forecasting project, that showcase the successful adoption of tools and methods for decision making. Through over 90 projects each year, DEVELOP is always striving for the innovative, practical, and beneficial use of NASA Earth science data.
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Remillard, C. M., M. Madden, J. Favors, L. Childs-Gleason, K. W. Ross, L. Rogers, and M. L. Ruiz. "BRIDGING THE GAP BETWEEN NASA EARTH OBSERVATIONS AND DECISION MAKERS THROUGH THE NASA DEVELOP NATIONAL PROGRAM." ISPRS - International Archives of the Photogrammetry, Remote Sensing and Spatial Information Sciences XLI-B6 (June 17, 2016): 145–48. http://dx.doi.org/10.5194/isprs-archives-xli-b6-145-2016.
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The NASA DEVELOP National Program bridges the gap between NASA Earth Science and society by building capacity in both participants and partner organizations that collaborate to conduct projects. These rapid feasibility projects highlight the capabilities of satellite and aerial Earth observations. Immersion of decision and policy makers in these feasibility projects increases awareness of the capabilities of Earth observations and contributes to the tools and resources available to support enhanced decision making. This paper will present the DEVELOP model, best practices, and two case studies, the Colombia Ecological Forecasting project and the Miami-Dade County Ecological Forecasting project, that showcase the successful adoption of tools and methods for decision making. Through over 90 projects each year, DEVELOP is always striving for the innovative, practical, and beneficial use of NASA Earth science data.
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Della Spina, Lucia, Francesco Calabrò, and Alessandro Rugolo. "Social Housing: An Appraisal Model of the Economic Benefits in Urban Regeneration Programs." Sustainability 12, no. 2 (January 14, 2020): 609. http://dx.doi.org/10.3390/su12020609.
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The decision-making process relating to Social Housing (SH) policies and projects involves social and urban transformations and is consequently linked to urban planning, urban regeneration projects, the dynamics of the real estate market and cooperation between public and private developers. Furthermore, this decision-making process must be supported by assessments relating to economic feasibility and assessments on social and environmental sustainability. The paper illustrates a decision support evaluation model for the implementation of integrated urban redevelopment programs related to Social Housing interventions to be implemented in PPP. The model is based on the search for an economic balance between the interests of the parties involved, with the aim of maximizing the share of housing in SH by minimizing the public contribution quota. The model was developed on a degraded settlement of Public Residential Construction, the subject of a wider urban regeneration program in the Municipality of Reggio Calabria (Italy). Considering the financial feasibility constraint for the developer and the conditions of the local real estate market, with the risk of the investment attached to it, the model makes it possible to verify the economic sustainability and the financial feasibility of the interventions in SH through the estimation of: (i) The profit of the developer/investor; (ii) the trade-in value to be paid to the developer against the investment; (iii) the maximum share of SH to be carried out in development. The research and the results obtained highlight the utility of the model and the ease of use in the programming phase, in relation to urban regeneration programs that involve interventions in SH.
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KHANDEKAR, Anant V., Jurgita ANTUCHEVIČIENĖ, and Shankar CHAKRABORTY. "SMALL HYDRO-POWER PLANT PROJECT SELECTION USING FUZZY AXIOMATIC DESIGN PRINCIPLES." Technological and Economic Development of Economy 21, no. 5 (September 29, 2015): 756–72. http://dx.doi.org/10.3846/20294913.2015.1056282.
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There has been a rapid growth in construction activities during the last few decades owing to overall development in all facets of humanity. Due to technological advancements and ever increasing civilization, there is a persistent need of energy. Along with the conventional energy sources, the renewable energy sources have also significantly contributed to the rising energy needs. As a renewable source of energy, numerous small hydro-power plants (SHPPs) have been built up across the world in the recent past. Usually these SHPPs are being built and operated by the private developers complying with the government regulations. In order to assist a developer in selecting the most profitable and feasible SHPP for construction and subsequent operation, a method based on fuzzy axiomatic design principles is employed in this paper. The techno-commercial and socioeconomic criteria as considered for analyzing the feasibility of the candidate SHPPs are expressed qualitatively using trapezoidal fuzzy numbers. The performance of each SHPP is evaluated in terms of its total information content and the one with the least information content is selected to be the best venture for the required construction activity. The adopted methodology is found to have immense potential to the developers while selecting the most feasible project for construction.
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Ou-Yang, Chao, and Wang-Li Chen. "A Hybrid Approach for Project Crashing Optimization Strategy with Risk Consideration: A Case Study for an EPC Project." Mathematical Problems in Engineering 2019 (January 17, 2019): 1–17. http://dx.doi.org/10.1155/2019/9649632.
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This study aims to develop and provide a comprehensive evaluation strategy for schedule-related variations and time-cost analysis for an engineering–procurement–construction (EPC) project. Time-cost analysis is an important aspect of project scheduling, particularly in long-term and costly EPC projects. In this study, a hybrid method is proposed for the time-cost optimization strategy evaluation of a project. Monte Carlo simulation is applied to determine contingency plans and realize the effective management of estimated schedule uncertainties. A mathematical integer linear programming optimization model coded using CPLEX is developed to assess appropriate strategies for project execution under time and cost constraints. A set of project evaluation optimization models considering risk and project crash plan and the relationship between crash cost and delay penalty is also developed for assessing project feasibility. The correlation between project risk and crashing strategy has seldom been evaluated simultaneously in previous research. This work fills this research gap by quantifying the feasibility of a project, with combined data on risk, schedule, and cost as evaluation indicators. It allows project managers to consider management issues and strategies before they implement projects. A practical example with numerical applications is presented to illustrate the contribution of the decision-making support mechanism, and several managerial insights are provided.
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Aleksanov, D. S., N. V. Chekmareva, L. E. Kresova, and A. V. Sharapova. "Risk Analysis of the Grain Processing Investment Project." Economy of agricultural and processing enterprises, no. 8 (2020): 49–54. http://dx.doi.org/10.31442/0235-2494-2020-0-8-49-54.
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The method of risk assessment of investment projects is developed taking into account the specifics of the agro-industrial sector (for example, a grain processing project). The issues of comprehensive risk assessment of investment projects are considered. An algorithm for performing risk analysis with simultaneous consideration of reduced efficiency and violation of feasibility conditions in combination with the level of predictability of changes in parameters was developed.
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Moeller-Chavez, G., L. Seguí-Amórtegui, O. Alfranca-Burriel, V. Escalante-Estrada, F. Pozo-Román, and A. Rivas-Hernández. "Water reuse in the Apatlaco River Basin (México): a feasibility study." Water Science and Technology 50, no. 2 (July 1, 2004): 329–37. http://dx.doi.org/10.2166/wst.2004.0149.
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The aim of this work is to determine the technical and economic feasibility of implementing different reclamation and reuse projects that improve the quality of the Apatlaco river basin located in the central part of Mexico. A special methodology based on a decision support system was developed. This methodology allows to decide if it is convenient or not to finance a reclamation or reuse project for the most common water uses in the basin. This methodology is based on the net present value criteria (NPV) of the effective cash flow during the useful life of the project. The results obtained reveal a technical and economical feasibility for industrial reuse in Jiutepec and for agricultural reuse in Zacatepec and Emiliano Zapata. On the other hand, sanitation projects are not feasible in all cases analyzed. Therefore, Mexican Regulation (Ley Federal de Derechos en Materia de Agua) as currently implemented, does not promote and support this kind of projects.
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Astanakulov, O. T., and E. G. Sheina. "Creating methodological means of analyzing and evaluating the feasibility of investment projects." National Interests: Priorities and Security 16, no. 10 (October 15, 2020): 1900–1920. http://dx.doi.org/10.24891/ni.16.10.1900.
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Subject. The article discusses the economic relations of entities and investors in articulating and implementing an investment policy and managing the investment of financial resources. Objectives. We determine distinctions of creating and using a business plan of an investment project, illustrating the case of an industrial enterprise, and evaluate its performance indicators. The study also provides recommendations for mitigating investment risks identified in monitoring. Methods. Research is based on methods of the structural logic analysis and expert assessments. We hypothesize that a new investment project will be more effectively developed and implemented if there is a correct and appropriate business plan of the project and inherent investment risks are pre-assessed. Results. We analyzed statistical and dynamic methods for evaluating investment projects, found their strengths and weaknesses. Consequently, we selected optimal financial results of investment project studies, which are presented as business plans. The article sets out the methodological approach to ranking investment project risks through materiality and probability indicators, which are point-based and depend on the expert assessment method. This will allow for a more detailed classification of all risks associated with capital investment. Conclusions and Relevance. The article presents the assessment and rationale of the business plan on the investment project for industrial waste recycling, through a set of methods for evaluating the effectiveness of the investment project, so as to improve financial position and liquidity of the enterprise in the long run.
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Konior, Jarosław. "Feasibility Study of construction project in compliance with Bank Investment Supervision requirements." MATEC Web of Conferences 174 (2018): 04010. http://dx.doi.org/10.1051/matecconf/201817404010.
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On the basis of the 12-year author's practice of Bank Investment Supervision developed methodology significant construction projects risks have been identified and measured: risks of the highest impact values and risks of the biggest likelihood appearance. The research has been recorded in 400 - 450 reports of 42 investment projects in advanced manufacturing, commercial, residential, hotels and apartment housing sectors. At least one risk of the highest measured level of significance has been highlighted at each phase of investment process: design, construction and maintenance. A reasonable level of risks significance has been determined which stands for not more than 1/3 of possible significance in “risks monitoring” strategy. Engineering, Project and Construction Management (EPCM) approach to investment process and solid, consequent, regular construction projects monitoring executed by professional Banking Supervision Inspector (BSI) make possible to minimise any faults of inappropriate financing of construction projects.
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Li, Jin Hua, and Hong Yue Zhang. "Research on the Life Cycle Cost Control of Urban Complex Based on the Sustainable Development Theory." Applied Mechanics and Materials 638-640 (September 2014): 2423–27. http://dx.doi.org/10.4028/www.scientific.net/amm.638-640.2423.
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The developer should apply the idea of sustainable development in each stage and consider the cost comprehensively. In the decision-making phase, the developer should consider the social and economic benefits, demonstrate the feasibility of the project. At the design stage the design unit should make full use of the new technology and renewable resources to design the urban complex. In the implementation stage, the construction unit should control costs within budget and reduce the pollution to the environment. In the operational phase, the tenement and the users should utilize resources circularly and protect environment. Research on sustainable development on the city complex can not only play a positive role for building materials saving, energy saving, resources and the environment protection, but also can have a great impact on the economic benefits of the urban complex and can greatly reduce the operation cost of the late.
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Langue, Michael, Ingrid Scott, and Ajay Soni. "The Pediatric Examination Assessment Rubric (PEAR): A Pilot Project." Journal of Academic Ophthalmology 10, no. 01 (January 2018): e127-e132. http://dx.doi.org/10.1055/s-0038-1668574.
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Purpose The pediatric ophthalmic examination is often considered a challenge to ophthalmologists at any level of training. New tools need to be developed and tested to enhance resident and fellow training in pediatric ophthalmology. To our knowledge, this pilot project introduces the first educational rubric designed specifically for a pediatric ophthalmic examination. Methods Preliminary surveys were completed by 11 ophthalmic residents, of all three postgraduate years (PGY), to gauge comfort level with the pediatric ophthalmic examination. A one-page Pediatric Examination Assessment Rubric (PEAR) was developed and reviewed by 13 content experts (12 pediatric ophthalmologists and a lead developer of the Ophthalmic Clinical Exercise Examination [OCEX] tool) at eight academic institutions. A total of five educators from three academic institutions used the rubric to evaluate a total of six residents during a new strabismus evaluation. Postevaluation surveys were completed by both the five educators and the six residents. Results Preliminary surveys showed that only 18.2% of residents felt their pediatric examination skills were good. Residents noted higher levels of frustration and less comfort with the pediatric examination when compared with an adult examination. Thirteen experts' comments were incorporated into the rubric to establish content validity. Postevaluation surveys showed that 60% of faculty and 100% of residents found the rubric to be very effective in providing feedback. Conclusion In this pilot project, we established the need for more concrete educational tools in pediatric ophthalmology, created an educational tool, established content validity, and demonstrated feasibility. The PEAR helps residents identify skills to target for improvement based on the quality of their pediatric ophthalmic examinations. At three academic institutions, the PEAR was shown to be easy to use and a useful tool for training residents to perform the pediatric ophthalmic examination.
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Badasyan, Norayr. "Project feasibility analysis economic model for private investments in the renewable energy sector." Built Environment Project and Asset Management 8, no. 2 (May 14, 2018): 215–30. http://dx.doi.org/10.1108/bepam-08-2017-0057.
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Purpose The purpose of this paper is to explore the financial and economic aspects of the renewable energy sector aiming to develop and present a project feasibility analysis model that allows the public sector to master plan socially beneficial infrastructure projects and to find financially viable options for private investments. This paper develops a general frame that can be harmonized to a certain project by applying relevant country specific schemes. Design/methodology/approach The cost-benefit analysis (CBA) approach is used to develop relevant formulas aiming to compare the economic internal rate of return (EIRR) and financial internal rate of return (FIRR) of the possible investment options. The IRR method is used for the development of a platform that will allow comparing different project alternatives and choosing an optimal model for both public and private partners. A case study approach from Uzbekistan is used to highlight the implementation possibilities of the model based on a certain country example. Findings This paper develops a decision-making frame allowing the public sector to find organizational options that provide economically viable projects and at the same time attract private investors in the latter. The designed map of possible benefits, costs and revenue mechanisms allows practitioners to analyze the economic and financial viability of the existing combinations by using the developed model. Practical implications The developed model will allow the public sector to use the needed data on different possible design models in the developed formulas in order to identify the EIRR and FIRR of each option. Nevertheless, the application of the model will be possible after considering country specific options needed for CBA. The private sector can use the model to identify the financially acceptable options for the investments. Originality/value The paper provides the decision makers with a sound tool to identify the possible combinations of the options to conduct a relevant project with private investments in the renewable energy sector and to choose the model that generates the highest social welfare.
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Novales, M., A. Orro, and M. R. Bugarin. "Madrid tram-train feasibility study conclusions." Proceedings of the Institution of Mechanical Engineers, Part F: Journal of Rail and Rapid Transit 217, no. 1 (January 1, 2003): 1–10. http://dx.doi.org/10.1177/095440970321700101.
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The tram-train concept consists of the operation of a light rail system that can run either on existing or new tramway tracks, or on existing railway tracks, so that the services of urban public transport can be extended towards the region over these existing railway tracks, with much lower costs than if a completely new line were built. The authors have developed a research project about the feasibility of such a system in Madrid (Spain), extending newly created light rail networks through local Renfe (National Railways) lines, or through the Metrosur line (a circular metro line of new construction in the south of the city). The aim of the paper is to explain the conclusions of this research project in relation to the main technical issues that must be solved to develop this system.
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Dutta Roy, K., B. Thakur, T. S. Konar, and S. N. Chakrabarty. "Rapid evaluation of water supply project feasibility in Kolkata, India." Drinking Water Engineering and Science 3, no. 1 (March 31, 2010): 29–42. http://dx.doi.org/10.5194/dwes-3-29-2010.
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Abstract. Mega cities in developing countries are mostly dependent on external funding for improving the civic infrastructures like water supply. International and sometimes national agencies stipulate financial justifications for infrastructure funding. Expansion of drinking water network with external funding therefore requires explicit economic estimates. A methodology suitable for local condition has been developed in this study. Relevant field data were collected for estimating the cost of supply. The artificial neural network technique has been used for cost estimate. The willingness to pay survey has been used for estimating the benefits. Cost and benefit have been compared with consideration of time value of money. The risk and uncertainty have been investigated by Monte Carlo's simulation and sensitivity analysis. The results in this case indicated that consumers were willing to pay for supply of drinking water. It has been also found that supply up to 20 km from the treatment plant is economical after which new plants should be considered. The study would help to plan for economically optimal improvement of water supply. It could be also used for estimating the water tariff structure for the city.
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Dutta Roy, K., B. Thakur, T. S. Konar, and S. N. Chakrabarty. "Rapid evaluation of water supply project feasibility in Kolkata, India." Drinking Water Engineering and Science Discussions 3, no. 1 (January 22, 2010): 65–105. http://dx.doi.org/10.5194/dwesd-3-65-2010.
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Abstract. Mega cities in developing countries are mostly dependent on external funding for improving the civic infrastructures like water supply. International and sometimes national agencies stipulate financial justifications for infrastructure funding. Expansion of drinking water network with external funding therefore requires explicit economic estimates. A methodology suitable for local condition has been developed in this study. Relevant field data were collected for estimating the cost of supply. The artificial neural network technique has been used for cost estimate. The willingness to pay survey has been used for estimating the benefits. Cost and benefit have been compared with consideration of time value of money. The risk and uncertainty have been investigated by Monte Carlo's simulation and sensitivity analysis. The results in this case indicated that consumers were willing to pay for supply of drinking water. It has been also found that supply up to 20 km from the treatment plant is economical after which new plants should be considered. The study would help to plan for economically optimal improvement of water supply. It could be also used for estimating the water tariff structure for the city.
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Alak, Aiman, Katarzyna J. Jerzak, Jaclyn A. Quirt, Shannon J. Lane, Patricia A. Miller, Shariq Haider, and Donald M. Arnold. "How to Succeed in Research During Medical Training: A Qualitative Study." Clinical & Investigative Medicine 37, no. 3 (June 1, 2014): 117. http://dx.doi.org/10.25011/cim.v37i3.21378.
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Purpose: The objective of this study was to examine the characteristics of the medical trainee (resident), the supervisor and the project that contribute to successful completion of resident-led research and publication in a peer-reviewed scientific journal. Methods: Qualitative, interview-based study of Internal Medicine trainees and their supervisors. All interviewed trainees published at least one first-author research paper based on a project they completed during residency. Thematic analysis was used to explore key themes from interview transcripts. An iterative, team-based approach was used to develop a coding framework, which was then applied to the data and summarized. Six investigators independently reviewed and coded transcripts, discussed the data collectively and developed key themes by consensus. Results: Thirty participants (15 residents and 15 supervisors) were interviewed. Three major themes for successful resident research projects emerged: 1) the resident is the project champion; 2) supervisors ensure feasibility and timeliness of the project; and, 3) limited time is a challenge that can be overcome. Residents were motivated by fellowship aspirations, prioritized the project and were genuinely interested in the content area. Supervisors were responsible for setting deadlines, limiting the scope of the project and ensuring feasibility of the study design. Existing research funds and infrastructure from other projects were frequently used by supervisors to support research done by trainees. Conclusions: Successful resident-led research projects require leadership and motivation by the resident and engagement, reality-checking and deadline-setting by the supervisor. Responsibilities and expectations in the resident-supervisor relationship should be set early and adequate program resources and funding are required.
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Torry, Malcolm. "Do We Need Basic Income Experiments?" Basic Income Studies 16, no. 1 (June 1, 2021): 39–54. http://dx.doi.org/10.1515/bis-2021-0020.
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Abstract In this article ‘Basic Income’, ‘Basic Income scheme’, ‘experiment’ and ‘pilot project’ will be defined, and Basic Income pilot projects in Namibia and India will be distinguished from Minimum Income Guarantee experiments in the USA and Canada and the ambiguous pilot project in Finland. The conditions for running a genuine Basic Income pilot project in a country with a more developed economy will then be outlined, and microsimulation will be found to be the only reliable method for testing a Basic Income scheme for financial feasibility. The conclusion will be drawn that microsimulation can provide many of the results that a pilot project would deliver, but that pilot projects of financially feasible Basic Income schemes might still be useful to test dynamic macroeconomic and labour market effects.
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Dzyuba, A. P. "Experience of practical application of the mechanism of price-dependent electricity consumption to increase the efficiency of investment projects at industrial enterprises in Russia." Russian Journal of Industrial Economics 12, no. 3 (September 26, 2019): 288–304. http://dx.doi.org/10.17073/2072-1633-2019-3-288-304.
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The article is devoted to the issue of improving the efficiency of the investment project for upgrading the area of quenching furnaces at an industrial enterprise through the mechanism of price-dependent electricity consumption. The article reveals the peculiarities of pricing for the purchase of electricity by industrial enterprises and substantiates the expediency of applying the organizational and economic tool for increasing energy efficiency – price-dependent electricity consumption. The economic example of the investment project implementation in the baseline scenario of the project and using price-dependent consumption is shown on a concrete practical example. Based on the price-dependent electricity consumption model, several combinations of equipment loading schedules for various shifts were calculated, on the basis of which tariffs for electricity purchase were determined, the value of which turned out to be significantly lower than the similar values in the base case. On the basis of the received price parameters for the purchase of electricity, the calculation of performance indicators and financial feasibility of the investment project was carried out. The results of the study allow to draw conclusions about the economic feasibility and practical feasibility of the developed tools of price-dependent electricity consumption, the use of which will reduce the cost of purchasing electricity for industrial enterprises and increase the efficiency of the investment projects being released.
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Kobayashi, Ichiro, Michio Sugeno, Toru Sugimoto, Shino Iwashita, Noriko Ito, Michiaki Iwazume, and Yusuke Takahashi. "Everyday-Language Computing Project Overview." Journal of Advanced Computational Intelligence and Intelligent Informatics 10, no. 6 (November 20, 2006): 773–81. http://dx.doi.org/10.20965/jaciii.2006.p0773.
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This paper explains an overview of everyday language computing (ELC) promoted by the Laboratory for Language-Based Intelligent Systems, Brain Science Institute, RIKEN from 2000 to 2005. The objective of ELC was to develop a language-based intelligent system. To do this, we constructed a computational model of language in context, called the Semiotic Base, and developed computational algorithms for text understanding and generation, which are basic information processing in the ELC framework. Based on these resources and algorithms, we constructed a computing environment in which language is used as an information medium to process information. To demonstrate its feasibility, we developed language-based applications such as a language-based wordprocessor, language-based programming, and “smart” help. We explain the basic principles of ELC, outline of its basic technologies, and discuss applications developed based on the ELC framework.
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Kudryavtseva, Vera A. "Practical recommendations for implementing the project funding mechanism in the transport construction." SHS Web of Conferences 112 (2021): 00026. http://dx.doi.org/10.1051/shsconf/202111200026.
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Changes in the Russian and global economies have been affecting all sectors. Neither the transport industry nor the construction one is an exception. These industries are budget-forming, and all participants in business processes should be interested in their strategic development. In order for the federal projects developed by the Ministry of Transport to be effective, a new project funding approach is required. Industries and companies have limited financial resources. The Russian Railways company is no exception due to its limited budgetary funds and own financial capabilities. It is necessary to develop effective mechanisms for funding railway infrastructure projects. Project funding mechanisms can be innovative ways of funding large-scale infrastructure projects, since they are based on a combination of banking, commercial and public resources. Project funding can unite financial resources and competences of project participants. In addition, qualified financial institutions will be involved in project funding transactions, which ensures the timely project implantation. Project funding mechanisms allow for a comprehensive project assessment, since the lender confirms the economic feasibility of the project. Project effectiveness evaluation has become relevant after the adoption of a strategy for the development of railway transport in the Russian Federation until 2030. Polygon technologies are promising for Russian Railways and used by the Trans-Siberian Railways.
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Morano, Pierluigi, and Francesco Tajani. "Break Even Analysis for the Financial Verification of Urban Regeneration Projects." Applied Mechanics and Materials 438-439 (October 2013): 1830–35. http://dx.doi.org/10.4028/www.scientific.net/amm.438-439.1830.
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The involvement of the private investor in urban regeneration projects makes the verification of the financial feasibility of the initiative inevitable. Thus, the applicability of Break Even Analysis (BEA) is tested in this study. BEA is a financial analysis technique that allows to study the impact that technical, economic and organizational decisions may have on the financial feasibility of the project. The main methodological and operational aspects of BEA are discussed, with the application of an urban regeneration of a former brownfield site located in a city of Southern Italy being developed. The success of the experiment confirms the possibility to use BEA for the financial analysis of projects, especially in the early design stages.
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Ming, Li. "China's Small Hydropower CDM Projects Development on Low-Carbon Economy Era." Advanced Materials Research 108-111 (May 2010): 156–61. http://dx.doi.org/10.4028/www.scientific.net/amr.108-111.156.
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Clean Development Mechanism (CDM) is an international cooperation mechanisms based on the "Kyoto Protocol". Through CDM, developed and developing countries can reach a win-win in achieving sustainable development and reduce greenhouse gas emissions. There is no doubt low-carbon economy has brought new opportunities for CDM projects. Through CDM theory, this paper studied on the feasibility of small hydropower CDM projects, the benefits of small hydropower CDM projects, as well as development procedures of small hydropower CDM project.
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Buah, Eric, Lassi Linnanen, Huapeng Wu, and Martin A. Kesse. "Can Artificial Intelligence Assist Project Developers in Long-Term Management of Energy Projects? The Case of CO2 Capture and Storage." Energies 13, no. 23 (November 27, 2020): 6259. http://dx.doi.org/10.3390/en13236259.
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This paper contributes to the state of the art of applications of artificial intelligence (AI) in energy systems with a focus on the phenomenon of social acceptance of energy projects. The aim of the paper is to present a novel AI-powered communication and engagement framework for energy projects. The method can assist project managers of energy projects to develop AI-powered virtual communication and engagement agents for engaging their citizens and their network of stakeholders who influence their energy projects. Unlike the standard consultation techniques and large-scale deliberative engagement approaches that require face-to-face engagement, the virtual engagement platform provides citizens with a forum to continually influence project outcomes at the comfort of their homes or anywhere via mobile devices. In the communication and engagement process, the project managers’ cognitive capability can be augmented with the probabilistic capability of the algorithm to gain insights into the stakeholders’ positive and negative feelings on the project, in order to devise interventions to co-develop an acceptable energy project. The proposed method was developed using the combined capability of fuzzy logic and a deep neural network incorporated with a Likert scaling strategy to reason with and engage people. In a mainstream deep neural network, one requires lots of data to build the system. The novelty of our system, however, in relation to the mainstream deep neural network approach, is that one can even use small data of a few hundreds to build the system. Further, its performance can be improved over time as it learns more about the future. We have tested the feasibility of the system using citizens’ affective responses to CO2 storage and the system demonstrated 90.476% performance.
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Chen, Yan Xia, Shun Sheng Guo, Bai Gang Du, and Li Bo Sun. "Design and Application of Project Management System for Project-Driven Equipment Manufacturing Enterprise." Applied Mechanics and Materials 397-400 (September 2013): 2610–17. http://dx.doi.org/10.4028/www.scientific.net/amm.397-400.2610.
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The production mode of equipment manufacturing enterprise is large single-piece production driven by project for customer personalization. This is complex in a large project, where having so many involved resources, persons and content can become more difficult to manage. Whereas, the current project management system mainly focuses on some single functions and ignores the requirements of project lifecycle for process tracking management. Therefore, on the foundation of investigation and analysis, the models of material flow and cash flow are proposed to monitor the implementation process of project and developed a lifecycle-oriented Project Management System (PMS) by using ASP.NET platform and SQL SERVER database technology in equipment manufacturing enterprise. Finally, the application effect of PMS software in equipment manufacturing enterprise demonstrates its feasibility and effectiveness.
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Bell, Simon, Gilroy Coleman, Jian Qiang Guo, and Martin Sewell. "Information Systems Project in China: action research and soft systems methodology." Human Systems Management 19, no. 3 (July 8, 2000): 181–92. http://dx.doi.org/10.3233/hsm-2000-19305.
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Developing Information Systems is a process fraught with danger and often resulting in failure. Failure rates now run at 80% and there is no sign of decline [16,17,18,20,21,30,31,35,36,40]. If Information Systems (IS) projects are high risk even in industrialised societies, then projects in developing countries and newly emerging economies are even more prone to failure. Putting IS projects together with the developing economies would appear to be a recipe for disaster but this paper describes an IS project developed between the UK and China which has got to beta testing stage and shows early signs of success. The paper describes the process whereby the project was developed, the methodology applied and the problems and difficulties encountered. Taking as its point of reference the autumn 1999 review mission, the paper describes the situation for the Feasibility and Appraisal Information System (FAIS) at that time and draws out some policy and methodology learning issues relevant to others planning IS in similar contexts.
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Gonzalez, Avelino J., Setsuo Tsuruta, Yoshitaka Sakurai, Johann Nguyen, Kouhei Takada, and Ken Uchida. "Using contexts to supervise a collaborative process." Artificial Intelligence for Engineering Design, Analysis and Manufacturing 25, no. 1 (October 7, 2010): 25–40. http://dx.doi.org/10.1017/s0890060410000156.
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AbstractThis article describes an investigation into the feasibility of using contextual reasoning to monitor and supervise the collaborative work of several knowledge workers working together on a project. Managing large and complex projects is a difficult task that requiressituational awarenessby the project manager to be able to be proactive when possible and to react correctly in the presence of events. In complex projects, effective oversight of the project personnel and the progress of the project are essential in ensuring that project objectives are met. This is especially true of projects that require contributions from various experts, whose interaction may be limited to a Web-based collaborative tool. Such oversight is typically the job of a project manager who is tasked with avoiding cost overruns, shipment delays, and ensuring product effectiveness. We utilizecontext-based reasoningandcontextual graphsas the tools of choice for implementing an agent that emulates the function of a competent project manager. We use rocket design and manufacture as the domain to evaluate our technique. We use a public domain rocket design software package developed by the National Aeronautics and Space Administration as a guide to the domain. The article describes the investigation, its results, and the related works in a collaborative design project.
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Altemirova, A. S., and I. V. Burenina. "Contract modeling of investment projects in the field of oil and gas construction." E3S Web of Conferences 266 (2021): 06001. http://dx.doi.org/10.1051/e3sconf/202126606001.
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The purpose of this article is to select and justify the optimal contract model for one of the largest investment and construction projects of PJSC based on a preliminary assessment of the project under several alternative contracts. To achieve this goal, the following results were obtained: first, a classification of contracts for investment and construction projects (ICP) was developed, adapted to the specifics of the oil and gas business, second, the process steps for planning the contract model of oil and gas construction projects were formed, and third, a conclusion was made about the feasibility of using a particular contract model in terms of the project economy, its timing, the quality of decisions at each stage, and the risk management system.
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Sulthoni, Noor Achyar, and Anas Lutfi. "Analisis Kelayakan Pengembangan Proyek Apartemen Citralake Suites - Citra Garden City." Jurnal Manajemen Bisnis dan Kewirausahaan 4, no. 2 (March 14, 2020): 16. http://dx.doi.org/10.24912/jmbk.v4i2.7514.
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The population density in the capital has increased from year to years, this situation used by PT CD as a business tool in the property sector. A kind of research is needed to find out whether the development of this land is profitable or not, by conducting a Business Feasibility Analysis. Investment decision analysis is done by using 3 (three) main calculation methods. From the results of research conducted by the author, it is obtained as follows in :In the payback period, sales are up to 2018, reaching 60%, so this project is feasible to be acceptedNet Present Value Analysis, From the results of calculations, NPV cash inflow is still far greater than the NPV cash outflow means that according to the NPV assessment that this project is considered very feasible to be carried outThe Internal Rate of Return (IRR) is a feasible project because the IRR is a normal and optimistic alternative. greater than the Weighted average cost of capital (WACC)Based on the results of the analysis and calculations carried out by the author in relation to project, the general investment investment is considered very feasible and beneficial not only to the developer but also consumers who buy apartment units on the project. Paying attention to what has been analyzed and discussed, the author's suggestion is to re-check cashflow by considering finding alternative funding with an improved loan. so that the cost of capital is small and profits increase.
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Podhradsky, Ashley, Cindy Casey, and Peter Ceretti. "The Bluetooth Honeypot Project." International Journal of Interdisciplinary Telecommunications and Networking 4, no. 3 (July 2012): 1–22. http://dx.doi.org/10.4018/jitn.2012070101.
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Bluetooth technology (BT) and the inherent security vulnerabilities it introduces into business domains are often overlooked when security policies are developed. However, the International Data Corporation (IDC) projected that global Bluetooth short-wave wire semiconductor revenue will triple from $1.7 billion in 2007, to $3.3 billion in 2012 (Reidy, 2008). After a brief history of Bluetooth technology, researchers will examine how Bluetooth works, its vulnerabilities, and how these vulnerabilities can be exploited. Bluetooth malware and its associated risks will also be explored. As a practical approach to monitor Bluetooth threats and malware, the employment of a Bluetooth honeypot will be discussed, including honeypot structure and the legalities of deploying them. Building on Andrew Smith’s earlier work developing Bluepot, a functional Bluetooth honeypot (Smith, 2011), researchers will test Bluepot and discuss the feasibility of using it as a prototype for developing a functional Bluetooth honeypot to secure corporate data and analyze BT malware.
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Sinha, Akanksha, Kelly C. Strong, Mehmet E. Ozbek, and Jennifer Shane. "A Decision Support Framework for Assessing the Contextual Factors for Complex Highway Projects." Transportation Research Record: Journal of the Transportation Research Board 2672, no. 26 (May 23, 2018): 77–87. http://dx.doi.org/10.1177/0361198118774162.
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Traditional strategies for highway projects during the 1950s and 1960s focused on three dimensions of project management: cost, schedule, and technical (scope). Recently, with the focus shifting towards reconstruction/rehabilitation projects, project management strategies have shifted to include other project management dimensions. The Second Strategic Highway Research Program (SHRP2) project R-10 examined the best practices for managing complex renewal projects. The primary outcome of the study was a recommendation to utilize a five-dimensional project management planning (5DPM) model that added context and financing as two new dimensions to the traditional dimensions of cost, schedule, and technical. Pilot testing of the 5DPM implementation suggested that the most complicated dimension to assess during the project management planning phase for a complex project is the context dimension. Currently there is no efficient, structured process for evaluating the context dimension on complex projects within the 5DPM framework. Given this, the objective of this study is to develop a decision support framework which can be used by different transportation agencies when assessing contextual factors and assigning complexity rating scores. The framework uses a structured analytical process as opposed to the more subjective scoring used during the 5DPM workshops. As a major part of its methodology, this research uses a multiple-criteria decision-making tool called analytical hierarchy process in developing the framework. The paper presents two implementation examples which demonstrate the feasibility of the developed framework for a rebuild project and an expansion project.
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Choi, Jiyong, Sungmin Yun, and Daniel P. de Oliveira. "Developing a cost normalization framework for phase-based performance assessment of construction projects." Canadian Journal of Civil Engineering 43, no. 12 (December 2016): 1075–86. http://dx.doi.org/10.1139/cjce-2016-0223.
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Capital project benchmarking requires an effective cost normalization process to achieve reasonable comparisons of cost-related performance for projects that are executed at different times and locations. Traditionally, cost normalization approaches were developed for ex post facto analysis of project performance and assume that all required information is fully available from a completed project. However, practitioners have expressed the need for cost normalization techniques to evaluate phase-level outcomes during ongoing projects. This paper aims to provide a cost normalization framework tailored to phase-based performance assessment. The framework involves three main steps: currency conversion, location adjustment, and time adjustment with considerations for various scenarios where the required information is not fully available. Case studies are conducted to demonstrate how the proposed cost normalization framework has been applied to phase-based performance assessment for capital projects. The proposed framework can benefit both researchers and industrial professionals interested in cost estimation, feasibility analysis, and performance assessment.
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Solntsev, Sergii, Zhanna Zhygalkevych, and Maryna Kravchenko. "EVALUATION OF RISK IMPACT ON IMPLEMENTATION OF INNOVATION PROJECTS WITHIN THE FRAMEWORK OF MACHINE-BUILDING QUASI-INTEGRATION STRUCTURES." Baltic Journal of Economic Studies 6, no. 3 (August 5, 2020): 124–35. http://dx.doi.org/10.30525/2256-0742/2020-6-3-124-135.
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The risk management of innovation project can improve the level of risk control of quasi-integration structures (QIS), so as to make more effective decisions, reduce investment losses and achieve mutual benefit as well. Therefore, an assessment of the risk impact on implementation of innovation project makes this study relevance. The purpose of this paper is to analyze the impact of market risks on the success of innovative QIS engineering projects with the involvement of an economic-probabilistic model based on a conjoint analysis. Research methodology. The article substances the feasibility and results of the application of the method of conjoint analysis – one of the methods of mathematical psychology – to assess the impact of risks on the effectiveness of innovative projects implemented within quasi-integration structures in the engineering complex. Findings. The most likely scenarios for implementing an innovative project in terms of the impact of risk events on the financial result had been found with a help of a conjoint procedure with a fractional factorial design. The relative impact of each risk on the success of the innovation project was evaluated. The rule of deciding on the eligibility of an innovative project by the participants of machine-building QIS was formulated on the basis of the technique of the internal rate of investment return (IRR). Research limitations. The developed methodology is proposed to be used in assessing the impact of risks on innovative projects within machine-building quasi-integration structures. The proposed method of assessing the impact of risks on the financial results of innovative projects within the machine-building QIS can be used in more general situations. Practical implications. The methodology was tested on the example of an innovation project within an innovation and technology cluster, which included six participants: mechanical engineering companies, a service company, a scientific institution and an educational institution. The market and specific inter-corporate risks that influence the results of innovative projects within machine-building QISs were identified and evaluated for operationalization. According to the results of implementation of the methodology, the feasibility of implementing an innovative project within the innovation-technological cluster was substantiated. Originality/value. The scientific novelty of this study is the use of a conjoint analysis methodology to assess the impact of market risks.
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Seguin-Fowler, Rebecca, Meredith Graham, Urshila Sriram, Galen Eldridge, Jimin Kim, and Madeleine Tom. "Web-Based Dissemination of a Civic Engagement Curriculum to Promote Healthy Eating and Active Living in Rural Towns: The eHEART Study." International Journal of Environmental Research and Public Health 17, no. 7 (April 9, 2020): 2571. http://dx.doi.org/10.3390/ijerph17072571.
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Civic engagement interventions aimed at improving food and physical activity environments hold promise in addressing rural health disparities, but ensuring feasible and sustained dissemination remains a challenge. The present study aimed to evaluate the feasibility of a civic engagement curriculum adapted for online dissemination (Healthy Eating and Activity in Rural Towns (eHEART)). The eHEART curriculum and website were developed based on feedback from local health educators and community members. eHEART groups were facilitated by local Extension educators across three rural towns in three U.S. states (Montana, Wisconsin, and Alaska). Implementation feasibility was assessed through monthly project reports and interviews with educators. All eHEART groups successfully completed curriculum activities and met their project goals after nine months (November 2018 to July 2019). Groups ranged in size from 4 to 8 community residents and implemented varied strategies to improve aspects of their local food and/or physical activity environments. Facilitators of implementation included clear guidance on facilitating curriculum activities and the flexible and community-driven nature of eHEART projects. Recommended changes included more guidance on evaluating projects and contacting stakeholders as well as providing online tools and support for project management. Findings from this work have important implications for creating healthier rural environments. Local health educators and other community groups can feasibly use the eHEART curriculum to foster environmental changes that support healthy eating and active living.
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Blyznyukova, Iryna, Pavlo Teslenko, Оlena Danchenko, and Victor Melenchuk. "THE CONCEPT OF CREATING A MINIMUM VIABLE PRODUCT AND DESIGN-THINKING IN THE IT-PROJECT TEAM MANAGEMENT." Bulletin of NTU "KhPI". Series: Strategic management, portfolio, program and project management, no. 2(4) (April 19, 2021): 11–17. http://dx.doi.org/10.20998/2413-3000.2021.4.2.
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The IT industry, like any other, has its own specifics. There are developed and tested methods for creating and managing IT projects at all levels of formalization from waterfall to flexible. However, the processes of forming and managing the team of any IT project remain poorly structured and uncertain. Modern life is constantly changing the attitude of customers and users of a project's product to project management methodologies. The criteria for assessing the success of a project are steadily shifting towards ensuring the satisfaction of its main stakeholders. To do this, develop new, or use previously unused means. Among them are the technology of design thinking and the concept of creating a minimum viable product (MVP). These tools began to be used in project management processes with the aim of maximizing stakeholder satisfaction. The paper analyzes the technology of using design thinking and shows the feasibility of its use as an element of the IT project management methodology, which applies client-oriented and value-oriented management approaches. However, at this stage, the technology of design thinking is more developed in a psychological and communicative context. Therefore, the use of the algorithm for creating the MVP will allow formalizing the stages of design thinking when creating an IT project product, and the MVP itself will be used as the current version of the IT project product, unlike the existing IT project management tools, it will exist almost from the very start of the IT project. It is clear that the proposed tools will be applied in practice by the IT project team, which usually suffers from "sudden deadlines", constant temporary overloads in the implementation of an IT project. Therefore, it is important to develop mechanisms for the formation, management and training of an IT project team based on design thinking with a minimum viable product as the basis for development.
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Ock, Jong H., Seung H. Han, Hyung K. Park, and James E. Diekmann. "Improving decision quality: a risk-based go/no-go decision for buildoperatetransfer (BOT) projects." Canadian Journal of Civil Engineering 32, no. 3 (June 1, 2005): 517–32. http://dx.doi.org/10.1139/l05-002.
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The buildoperatetransfer (BOT) mechanism is used worldwide to promote diverse infrastructure projects. Success in BOT projects mainly depends on selecting the right project to promote. The right project selection initiates from identifying a presumably viable project to pursue at the early project initiation process. When deciding on a prospective project to pursue, developers in many cases rely on their judgment, intuition, or rules of thumb rather than analytic evaluation of the complex BOT characteristics and specific project conditions. It is expected that they will improve the quality of their decisions if a methodical formalism is provided that can help systematically recognize (i) risk factors in the BOT project environment, (ii) the impact of these decisions on project feasibility, and (iii) strategic alternatives to enhance these decisions. The main objective of this research is to develop a risk-based, go/no-go decision model as the formalism, which consists of a decision process model and a decision variables relationship model. A numerical example is presented to demonstrate the computational procedures of the model. In an effort to validate the model, this research invites 60 test subjects and adopts convergent experimental studies.Key words: buildoperatetransfer, go/no-go decision, decision quality, multi-attribute decision-making, convergent validation.
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Ma, Guofeng, Shan Jiang, Tiancheng Zhu, and Jianyao Jia. "A Novel Method of Developing Construction Projects Schedule under Rework Scenarios." Sustainability 11, no. 20 (October 16, 2019): 5710. http://dx.doi.org/10.3390/su11205710.
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Construction projects have faced serious schedule delays caused by rework risks. However, it appears that traditional methods are of limited value in developing applicable project schedules. This study presents an analysis on construction projects schedule development under rework scenarios by a novel method named the improved critical chain design structure matrix (CCDSM). Research data are collected from a real estate development project in China. As a result, predictions of project completion duration and probability have been made. A reliable schedule considering information interactions has been developed and visualized. Rework impact areas of activities have been examined to quantitatively record the impact on project duration. To meet different demands, the method generates two more schedules setting different rework buffers. Furthermore, these activities have the potential of causing rework and have been quantified based on the calculation of two criticalities, providing an identification of rework-intensive works that should be payed close importance to, which have not be realized by previous methods. The results proved the feasibility and effectiveness of this method in developing a schedule for construction projects disturbed by rework, helping practitioners adopt measures to avoid rework-caused schedule delays and achieve sustainable development of such projects.
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Rämä, Miika, and Krzysztof Klobut. "Tools for Planning Energy Efficient District Systems." Proceedings 2, no. 15 (August 23, 2018): 1132. http://dx.doi.org/10.3390/proceedings2151132.
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An open-source planning tool for the evaluation district cooling systems is developed within project INDIGO. The tool is based on optimisation model consisting of a defined set of components in a district cooling (DC) system. The approach links up the whole energy chain from consumption to resources achieve an optimal solution. The tool will enable assessment on effects of single components on a system level and provide data for comparison from energy efficiency, economic feasibility and the climate impact point of view. Life cycle assessment (LCA) framework will be utilised as a method for both economic feasibility and climate impact evaluation. This paper reviews the related projects and positions INDIGO planning tool in this context.
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Cadman, Kathleen Paco, and Du Feng. "Development and Testing of Pictorial Action Instructions for a Basic Humanitarian Engineering Project: A Feasibility Study." International Journal for Service Learning in Engineering, Humanitarian Engineering and Social Entrepreneurship 13, no. 2 (October 27, 2018): 1–9. http://dx.doi.org/10.24908/ijsle.v13i2.11594.
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The aim of this study was to develop, refine, and assess the usability of pictorial action instructions (PAI) in training low-literacy individuals to build a basic humanitarian engineering project. Health in low- and middle-income countries is disproportionately affected by environmental hazards, often mitigated by such projects, but widespread literacy deficits often necessitate literacy-adapted materials for training. Project-specific PAI were developed, refined, and tested, with the intent of later testing them abroad. Development was based on best practice guidelines for illustrations and easy-to-understand text. The PAI were then reviewed by literacy specialists for content and formatting. Next, a feasibility study was conducted in Utah with low-literacy immigrants who were trained to use the PAI and provided with tools and materials to individually construct the project. Usability metrics gathered included construction efficiency and effectiveness, user satisfaction, and self-efficacy. Effectiveness was 100% and user satisfaction and self-efficacy were both high. Participants provided feedback to improve the PAI’s clarity by changing item proximity and combining or separating steps, and revisions were made. In future PAI development, it would be beneficial to include low-literacy individuals when making the initial sketches to enhance sequence clarity before finalizing the illustrations.
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Adie, Panji Galih Kusumo. "Capital Budgeting Analysis to Assess the Karaoke Business Feasibility." PINISI Discretion Review 3, no. 1 (September 26, 2019): 47. http://dx.doi.org/10.26858/pdr.v3i1.13271.
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One form of entertainment that is currently being developed and in demand by the people of Jakarta and its surroundings is karaoke. This study aims to determine the results of the investment assessment of Karaoke Taxi using Capital Budgeting techniques in knowing the level of investment feasibility. The results of calculations with the Net Present Value method value of Rp. 92,061,946,333 with an initial capital of Rp. 80,000,000,000. While based on the feasibility analysis using the Profitability Index, the Karaoke Taxi business project got a value of 2.15, this result exceeds the number 1. Based on the feasibility analysis using the Internal Rate of Return a value of 40.18 percent was obtained. For the feasibility analysis using the Discounted Payback Period, the result of the Karaoke Taxi business project will return in the year 3,872, the return of investment is faster than required by the company (4 years).
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ANIN, V. I., I. A. ARUTIUNIAN, and A. A. ICHETOVKIN. "SCIENTIFIC AND METHODOLOGICAL APPROACH TO INTEGRATION OF QUALITY MANAGEMENT UNDER CONDITIONS OF RISKS IN THE CONSTRUCTION INDUSTRY." Bridges and tunnels: Theory, Research, Practice, no. 19 (July 27, 2021): 5–12. http://dx.doi.org/10.15802/bttrp2021/233726.
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Purpose. Justification of the appropriateness of use in terms of efficiency for a construction company, the process of integrating quality management and risk management. Determination of the principles of applying an integrative management model, modules for managing the quality of construction in conditions of risks based on a dynamic system. Methodology. Analysis and generalization of scientific research, practical approaches to quality management and risk management of construction projects, the use of the integration method and the method of identification of QM and RM processes, which makes it possible to substantiate the possibility of developing an integrated approach and determine the principles of applying an integrated quality management model in the face of risks. Results. The study substantiated the feasibility of using an integrative model of risk and quality management in construction, which allows the QM and RM processes to be aligned with the project efficiency criteria, and makes it possible to eliminate contradictions between the quality requirements for the construction object and the level of acceptable risks, and also aligns them with the efficiency requirements for developer. Originality. The principles of quality and risk management are determined, which are prerequisites for the integration of QM and RM processes; modules and levels of implementation of an integrated model of quality management in a risk environment, taking into account the requirements of project efficiency. Practical value. The use of an integrated approach aimed at combining quality management modules for projects and risks in the construction industry will allow to level all the contradictions of these processes in practical implementation, to harmonize with the efficiency requirements for projects and balance the costs of ensuring the planned quality level, provided that the acceptable level of risks is observed.
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Rangaraju, Prasada Rao. "Development of Some Performance-Based Material Specifications for High-Performance Concrete Pavement." Transportation Research Record: Journal of the Transportation Research Board 1834, no. 1 (January 2003): 69–76. http://dx.doi.org/10.3141/1834-09.
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In collaboration with FHWA, the Minnesota Department of Transportation (Mn/DOT) has successfully completed its first experimental high-performance concrete pavement (HPCP) project under the Testing and Evaluation Program (TE-30). This project is one of the 22 projects funded under the TE-30 Program. With a structural design life of 60 years, this HPCP is unique in that it incorporates significant changes to the existing Mn/DOT specifications on concrete materials. Some of the new materials-related specifications developed as a part of this project are based on performance criteria that influence long-term durability of the pavement structure. The background and considerations for selecting the new performance measures are discussed, and test results are presented that evaluate the practical feasibility of establishing and achieving the performance specifications.
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Goldsworthy, Simon, Benjamin Roe, Stuart McGrail, Stephen McCormack, and Julie Walther. "Developing and implementing a Radiotherapy Research Activity Assessment Tool (RAAT): a prospective feasibility study." Journal of Radiotherapy in Practice 15, no. 3 (April 6, 2016): 223–31. http://dx.doi.org/10.1017/s1460396916000121.
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AbstractAimCancer research in the National Health Service has increased by 10·5% in 3 years since the formation of the National Cancer Research networks in 2000. The initial enthusiasm from clinical staffs to embark on a project has to be balanced against the implications of resources, costs and other developments. There is no standardised method to assess the impact of research projects on clinical practice. The aim of this project was to develop and implement a Radiotherapy Research Activity Assessment Tool (RAAT) to assess the feasibility of newly proposed projects within clinical settings.Methods and materialsA multi-step development method was used. The steps involved the principles of quality function deployment. The consecutive steps involved developing a user-friendly and replicable tool and would fit on one A4 page. The process involved multi-professionals and patients throughout the design process. The tool was preliminary tested on usability among eight stakeholders on a ten-point scale (1=poor; 10=very good). Percentage agreement was evaluated at 6 month post initial RAAT assessment scoring by the seven multi-disciplinary team (MDT) members.FindingsThe RAAT was developed in an e-form available in Microsoft Excel. The tool scored a mode of 6 for usability. Interrater reliability testing between the radiotherapy MDT resulted in 88% agreement. The RAAT seems to be feasible in clinical practice, and provide a framework to guide the decision-making process. The study calls for further testing of usability and review of long-term implications on all stakeholders.
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Lim, Brendon, Madhav P. Nepal, Martin Skitmore, and Bo Xiong. "Drivers of the accuracy of developers’ early stage cost estimates in residential construction." Journal of Financial Management of Property and Construction 21, no. 1 (April 4, 2016): 4–20. http://dx.doi.org/10.1108/jfmpc-01-2015-0002.
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Purpose – Preliminary cost estimates for construction projects are often the basis of financial feasibility and budgeting decisions in the early stages of planning and for effective project control, monitoring and execution. The purpose of this paper is to identify and better understand the cost drivers and factors that contribute to the accuracy of estimates in residential construction projects from the developers’ perspective. Design/methodology/approach – The paper uses a literature review to determine the drivers that affect the accuracy of developers’ early stage cost estimates and the factors influencing the construction costs of residential construction projects. It used cost variance data and other supporting documentation collected from two case study projects in South East Queensland, Australia, along with semi-structured interviews conducted with the practitioners involved. Findings – It is found that many cost drivers or factors of cost uncertainty identified in the literature for large-scale projects are not as apparent and relevant for developers’ small-scale residential construction projects. Specifically, the certainty and completeness of project-specific information, suitability of historical cost data, contingency allowances, methods of estimating and the estimator’s level of experience significantly affect the accuracy of cost estimates. Developers of small-scale residential projects use pre-established and suitably priced bills of quantities as the prime estimating method, which is considered to be the most efficient and accurate method for standard house designs. However, this method needs to be backed with the expertise and experience of the estimator. Originality/value – There is a lack of research on the accuracy of developers’ early stage cost estimates and the relevance and applicability of cost drivers and factors in the residential construction projects. This research has practical significance for improving the accuracy of such preliminary cost estimates.
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Lindsay, M. Patrice, Natalie Gierman, Jocelyn E. Harris, Gavin Arthur, Moira E. Teed, Anita Mountain, Gordon Gubitz, et al. "People With Lived Experience at the Centre of Canadian Stroke Best Practice Recommendations: A Model for Guideline Developers." Journal of Patient Experience 7, no. 6 (September 10, 2020): 951–56. http://dx.doi.org/10.1177/2374373520956538.
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Actively engaging people with lived experience (PWLE) in stroke-related clinical practice guideline development has not been effectively implemented. This pilot project evaluated the feasibility, perceived value, and effectiveness of the Community Consultation and Review Panel (CCRP), a new model to engage PWLE in the writing and review of Canadian Stroke Best Practice Recommendations. Responses to a standardized evaluation tool indicated that participants perceived the CCRP as valued, impactful, effective, and beneficial to stroke care. This project successfully demonstrated that values, experiences, and recommendations of PWLE can be effectively incorporated into guideline content and is applicable to all guideline development processes.
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Nazaruddin, Ilham, and Puji Rahmawati. "Development of Innovative Student Worksheets Based on Project-Based Learning: Improve the Learning Outcomes." Jurnal Inovasi Pendidikan Dasar 6, no. 1 (December 5, 2020): 31–38. http://dx.doi.org/10.22236/jipd.v6i1.152.
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This study aims to: (1) develop project-based student worksheet media on the concept of respiratory organs in humans; (2) reveal the feasibility of developing student worksheet media according to media experts, material experts and students; and (3) improving student natural science learning outcomes through innovative student-based worksheet media based on project-based learning. This research was employed a development research design that refers to the ADDIE model. The research subject was elementary school fifth-grade students. Data collection techniques were tests and non-tests. The data instruments were expert validation questionnaires, student response questionnaires, and multiple-choice questions. The feasibility of instructional media was developed and analyzed using the conversion of five quantitative categories. The results of this development were project-based learning student worksheet media. Based on validation, response, and questions, the project-based student worksheet media i is feasible according to media experts, material experts, and students.
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WaiShiang, Cheah, Chong XingZi, Muhammad Asyraf Bin Khairuddin, Nurfauza Binti Jali, and Rahmat Hidayat. "Assessing Financial Sustainability of Community Network Project through e3value Modelling and Simulation." JOIV : International Journal on Informatics Visualization 4, no. 4 (December 18, 2020): 172. http://dx.doi.org/10.30630/joiv.4.4.508.
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Many efforts had been done to make ICTs available in rural area to increase their incomes and productivities. For example, a community ecommerce is introduced to promote community handicraft and income generation; other projects like deploying VSAT to improve the internet connectivity at rural area. Although the project is developed, it is facing a challenge like how to sustain the ICT4D projects? This paper presents the study of financial sustainability of community network project through e3value modelling and simulation. Financial sustainability is one of the important factor for community projects. As a NGO or researcher that is trying to help the community, is it possible for us to access the feasibility of any projects for communities so that a realistic suggestion or proposal can be planned? To sustain the community commerce, it cannot be denied that a well planning and measurement on financial sustainability of the projects is required. Hence, we believe that e3value can be used as a tool to measure the financial sustainability of community network projects. With the use of 3value model, it can serve as a reference for various parties in resolving the financial sustainability issue.
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Warner, David O. "Feasibility of Tobacco Interventions in Anesthesiology Practices." Anesthesiology 110, no. 6 (June 1, 2009): 1223–28. http://dx.doi.org/10.1097/aln.0b013e3181a5d03e.
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Background Abstinence from smoking can improve postoperative outcomes, and surgery is also an excellent opportunity for smokers to permanently quit. One strategy for perioperative tobacco interventions is that anesthesiologists Ask, Advise, and Refer (AAR) -- Ask their patients about tobacco use, Advise them to abstain, and Refer them to resources such as telephone quit-lines. This pilot project determined the feasibility and acceptability of the AAR strategy in anesthesiology practices. Methods An educational program, including presentations, written materials, and Web-based resources, was developed and disseminated to 14 U.S. anesthesiology practices, representing both academic and private practices, who agreed to implement the AAR strategy as a part of their routine clinical practice. Three months after implementation, a survey was administered to those members of these practices who were instructed in the AAR strategy. Results There were 97 respondents (75% response rate). Since the pilot project began, 91%, 79%, and 58% of respondents reported that they frequently or almost always asked, advised, and referred their patients who smoke, respectively. The majority of respondents (56%) agreed that they were responsible for helping patients get the help they need to quit smoking. Most (74%) also agreed that they planned to incorporate the AAR strategy into their routine practice. Conclusion These results suggest that the AAR strategy is potentially feasible and well-accepted in anesthesiology clinical practice. Further work will be needed to define whether these practices and attitudes can be sustained and whether they are ultimately effective in modifying perioperative smoking behavior in surgical patients.
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Phomsoupha, Xaypaseuth. "Project Financing in Laos’ Hydropower for Export of Electricity to Thailand." Hydro Nepal: Journal of Water, Energy and Environment 10 (December 5, 2012): 7–10. http://dx.doi.org/10.3126/hn.v10i0.7096.
Full textAbstract:
Laos, a mountainous and landlocked country, continues to exploit its hydropower potential for export of electricity to neighboring countries such as Thailand, Vietnam and Cambodia. Despite the great development potential and market opportunities both inside and outside the country, the scarcity of finance for public investment in the power generation sector has been a bottleneck for Lao hydropower. Private investment has therefore been sought and promoted through an independent power producer (IPP) approach which relies on the availability of project funds from the private sector. Currently, six privately-financed hydropower projects operated by private companies are exporting electricity to the grids of Laos’ neighbors. Ten additional hydropower projects developed with private financing are now under construction, and several other projects now under consideration as to their technical feasibility are planned to achieve power-on by 2020.DOI: http://dx.doi.org/10.3126/hn.v10i0.7096 Hydro Nepal Vol.10 January 2012 7-10