• Title/Summary/Keyword: Quantitative valuation

Search Result 101, Processing Time 0.028 seconds

Valuation of Benefits from the Adoption of Project Information Management System

  • Kyong Ju Kim;Kyoungmin Kim;Ki Yong Kang;Geon Hee Lee
    • International conference on construction engineering and project management
    • /
    • 2009.05a
    • /
    • pp.1548-1552
    • /
    • 2009
  • In the construction industry, IT has been an alternative for the enhancement of productivity and technical advances through a paradigm shift. While it has been recognized that the IT system will have a substantial influence on the industry, a quantitative valuation has been very limited. This paper has chosen EVMS (Earned Value Management System), which supports the integrated management of cost and schedule by utilizing IT tools, and which is the largest trend in the construction IT industry in Korea, in order to suggest an analysis model for the valuation of IT. The CVM (Contingent Valuation Method) is used to quantitatively measure intangible value of IT application. Then, a valuation and analysis model were suggested for the quantitative valuation of the effect of IT adoption. In terms of willingness to pay for EVMS, the expected benefits from the adoption of EVMS were US$ 584.52 per man annually. This research should be helpful for construction companies evaluating their investment to Project Management Information System.

  • PDF

An Empirical Analysis on Determinant Factors of Patent Valuation and Technology Transaction Prices (특허가치 결정요인과 기술거래금액에 관한 실증 분석)

  • Sung, Tae-Eung;Kim, Da Seul;Jang, Jong-Moon;Park, Hyun-Woo
    • Journal of Korea Technology Innovation Society
    • /
    • v.19 no.2
    • /
    • pp.254-279
    • /
    • 2016
  • Recently, with the conversion towards knowledge-based economy era, the importance of the evaluation for patent valuation has been growing rapidly because technology transactions are increasing with the purpose of practically utilizing R&D outcomes such as technology commercialization and technology transfer. Nevertheless, there is a lack of research on determinants of patent valuation by analyzing technology transactions due to the difficulty of collecting data in practice. Hence, to suggest quantitative determinants for the patent valuation which could be applied to scoring methods, 15 patent valuation models domestically and overseas are analysed in order to assure the objectiveness for subjective results from qualitative methods such as expert surveys, comparison assessment, etc. Through this analysis, the important 6 common determinants are drawn and patent information is matched which can be used as proxy variables of individual determinant factors by advanced researches. In addition, to validate whether the model proposed has a statistically meaningful effect, total 517 technology transactions are collected from both public and private technology transaction offices and analysed by multiple regression analysis, which led to significant patent determinant factors in deciding its value. As a result, it is herein presented that patent connectivity(number of literature cited) and commercialization stage in market influence significantly on patent valuation. The meaning of this study is in that it suggests the significant quantitative determinants of patent valuation based on the technology transactions data in practice, and if research results by industry are systematically verified through seamless collection of transaction data and their monitoring, we would propose the customized patent valuation model by industry which is applicable for both strategic planning of patent registration and achievement assessment of research projects (with representative patents).

The Study on the Quality Assessment Model of Aircraft Voice Recognition Software (항공기 음성인식 소프트웨어 품질 평가 모델 연구)

  • Lee, Seung-Mok
    • Journal of Software Assessment and Valuation
    • /
    • v.15 no.2
    • /
    • pp.73-83
    • /
    • 2019
  • Voice Recognition has recently been improved with AI(Artificial Intelligence) and has greatly improved the false recognition rate and provides an effective and efficient Human Machine Interface (HMI). This trend has also been applied in the defense industry, particularly in the aviation, F-35. However, for the quality evaluation of Voice Recognition, the defense industry, especially the aircraft, requires measurable quantitative models. In this paper, the quantitative evaluation model is proposed for applying Voice Recognition to aircraft. For the proposal, the evaluation items are identified from the Voice Recognition technology and ISO/IEC 25000(SQuaRE) quality attributes. Using these two perspectives, the quantitative evaluation model is proposed under aircraft operation condition and confirms the evaluation results.

A Study on the Relationship between Weighted Value and Qualitative Standard in Substantial Similarity (실질적 유사성 판단을 위한 가중치 활용과 질적 분석의 관계)

  • Kim, Si-Yeol
    • Journal of Software Assessment and Valuation
    • /
    • v.15 no.1
    • /
    • pp.25-35
    • /
    • 2019
  • In Korea, the calculation of quantitative similarity is commonly used to gauge the substantial similarity of computer programs. Substantial similarity should be assessed by considering the quantity and quality of areas that show similarity, but in practice, qualitative aspects are reflected by multiplying the weighted value in the calculation of quantitative similarity. However, such a practical method cannot be deemed adequate, considering the fundamental characteristic of the judgment on substantial similarity, which holds that the quantitative and qualitative aspects of similar areas should be considered on an equal footing. Thus, this study pointed out the issue regarding the use of weighted value and sought appropriate ways to take into account qualitative aspects when assessing the substantial similarity of computer programs.

A Study on the Evaluation Method of Defense Technology Valuation Using the Readability Level Assessment of Core National Defense Technology (국방 핵심기술의 성숙도(Readiness Level)평가를 활용한 국방기술가치평가 방안 연구)

  • Lee, Hyung-Seog;Shin, Chung-Jin;Kang, Seok-Joong
    • Journal of the Korea Institute of Information and Communication Engineering
    • /
    • v.23 no.12
    • /
    • pp.1710-1719
    • /
    • 2019
  • This study is intended to understand defense technologies that require the convergence of various technologies and the integration of systems, and to propose valuation methods that reflect the characteristics of each field. The measure of technology level, integration (system integration technology) between technologies, preparation of manufacturing, and maturity scale of the weapons system to be valued are measured according to the items of measurement factors to verify system performance, and to present a framework for estimating the quantitative values of core technologies using system maturity. Considering the characteristics of each technology field, the research suggests a proper valuation method. In evaluating the value of defense technologies, A proposal is made to evaluate the value of defense technology by competent technical experts in each field, using SRL, which can be evaluated according to the evaluation criteria reflecting the technical characteristics of each field, and to evaluate the completion of the entire system in quantitative terms.

A Study on the Evaluation Method of Close-to-Nature Stream Improvement Works (자연 친화적인 하천 정비사업의 평가방법에 관한 연구)

  • Kim, Seok-Gyu;Kim, Chul
    • Journal of Korea Water Resources Association
    • /
    • v.40 no.7
    • /
    • pp.503-510
    • /
    • 2007
  • In the area of such a nature-friendly stream improvement, it is not established yet which engineering method is suitable for stream environment, due to lack of technology. Therefore, although nature-friendly stream improvement was done with expensive engineering method, the effect has not been fully confirmed, which results from the absence of overall valuation tool of stream improvement. In this regard, it is necessary to develop and apply comprehensive and diverse valuation methods covering stream functions to the analysis of stream improvement. In this study, we collected data from years' of monitoring on the Gyeongcheon river, which is located in Sunchang-eup, Jeollabuk-do and recently underwent an nature-friendly stream improvement work. Based on the data, we developed a series of valuation methods such as stream naturalness evaluation, life cycle evaluation, amenity evaluation, and economic benefit analysis to consider the environmental function of stream from a comprehensive perspective. Stream naturalness evaluation is a quantitative analysis of how natural a stream is, and includes additional valuation items such as ecosystem and water quality for the purpose of overall valuation, unlike existing research focusing on physical elements and structural characteristics of a stream. We developed a method of stream valuation with life cycle assessment to river reorganization project. Amenity evaluation method was developed as a means to analyze residents' satisfaction with stream improvement through questionnaires. Economic benefit analysis was developed as a means to determine the attributes of environmental water supply, ecosystem, river maintenance, and water quality and predict economic benefits using contingent valuation method (CVM) and multi-attribute utility analysis (MAUA) method in order to analyze economic benefits brought in by stream improvement. It is considered that the four methods developed in this study make possible to conduct an overall and quantitative analysis of stream improvement.

A Study on the Gamification Technology Valuation Framework (게이미피케이션 기술 가치 평가 프레임워크 연구)

  • Baek, Junho;Jang, Jintae;Jeong, Jiyong;Kim, Sangkyun
    • Journal of Korea Game Society
    • /
    • v.18 no.3
    • /
    • pp.17-26
    • /
    • 2018
  • As the concept of experience economy has been accelerated recently, user experience is more emphasized today, most of all. And related representative keywords are gamification. Gamification characterized by that intangible elements are produced and consumed through various interactions between providers and users and by having a structure that is difficult to generalize and objectify to economic value. Therefore, the purpose of the present study is to develop a quantitative valuation indicator of concept and standardize the valuation formula covering economic value for gamification technology and overall framework from the perspective of evaluating economic values of intangible technologies such as of knowledge, design, contents, and service of a company.

A Study of the Priority Order Valuation for Multi-Intermodal Transfer Center (복합환승센터 투자우선순위 평가기법 연구 - 경제성분석과 AHP 분석기법을 중심으로 -)

  • Kim, Hwang Bae;Chang, Kyung Uk;Choi, Jin Hee;Kim, Dong Jin
    • KSCE Journal of Civil and Environmental Engineering Research
    • /
    • v.30 no.6D
    • /
    • pp.561-567
    • /
    • 2010
  • Recently, several number of Multi-Intermodal Transfer Center are nominated to improve convenience of public transportation user. Due to budget constraints, it should be defined which is the first consideration among the discussed many works. In this circumstance, there are some absurdities in the evaluation of validity of existing methods. Therefore, we suggested the Priority Order Valuation for Multi-Intermodal Transfer Centerer. The evaluation method, we suggested, is considered quantitative analysis and qualitative analysis. In this study, we find out that B/C ratio and construction costs are strongly related to the quantitative analysis so that Multi-Intermodal Transfer Centers in metropolitan area are evaluated the positive results. Therefore, both quantitative analysis and qualitative analysis are applied to the Priority Order, metropolitan area and other area are fairly evaluated the results for the Priority Order.

The Valuation of Army Tactical Command Information System(ATCIS) (지상전술 C4I체계(ATCIS) 가치평가 실증분석)

  • Kim, Chong-Hae;Jang, Won-Joon;Lee, Choon-Joo;Choi, Don-Oh
    • Journal of the military operations research society of Korea
    • /
    • v.33 no.2
    • /
    • pp.75-86
    • /
    • 2007
  • This paper presents the overall valuation framework of the Army Tactical Command Information System(ATCIS) with its empirical data which is developed by the ROK Army in 2005 with its own R&D efforts over the past 10 years. The valuation with the appropriate methods is conducted through the full and relentless support of ROK Army HQs, defense agencies, and related firms. And the results include both qualitative and quantitative values of the ATCIS in perspectives of economic, technical, and defense strength effects. As a result, the development of ATCIS is valued over 1.7291 trillion Won which is over 6.55 times benefit and cost ratio comparing with other country's similar system. The worth of this paper includes the actual framework and methods to apply the valuation of other weapon systems and its preliminary research, defense offset valuation, performance evaluation and others.