| Title |
A Development of Quantitative Analysis Model for the Policy Analysis in Feasibility Study Using the Performance Assessment Method |
| Authors |
Lim, Yong-Soo ; Song, Hyun-Young ; Jeong Han-Kee ; Jeong Min-Chul ; Kong, Jung-Sik |
| Keywords |
(Preliminary) Feasibility Study ; Policy Analysis ; Value Engineering ; Performance Assessment |
| Abstract |
As an impactive factor on industries and national economy, The Social Overhead Capital(SOC) is major factor to determine the national competitiveness and the investment of SOC is essential for its economic growth. Accordingly, introduction of the preliminary feasibility study and establishment of legal institutionalization and evaluation system has been carried out and reviewed since 1999. Nevertheless of these efforts, basic problems such as lack of scientific method for investment evaluation and loss of effectiveness on feasibility studies are continuously being brought up. Moreover, as the preliminary study to improve the mentioned problems is mainly focused on the economic and estimated demand analysis, the study of policy analysis, the most important phase during a feasibility study, is still insufficient. Therefore, in this paper, a quantitative decision-making model, to which the performance assessment method of Value Engineering(VE) is applied, is developed and proposed to improve the policy analysis of (preliminary) feasibility study that requires combining with relative studies, to induce quantitative analysis method, and to contribute the improvement of value on the political aspect for SOC investment goals and use as a strategic decision-making method by systematic analysis. |