WorldWideScience

Sample records for technology investment project

  1. Evaluation of Representative Smart Grid Investment Project Technologies: Demand Response

    Energy Technology Data Exchange (ETDEWEB)

    Fuller, Jason C.; Prakash Kumar, Nirupama; Bonebrake, Christopher A.

    2012-02-14

    This document is one of a series of reports estimating the benefits of deploying technologies similar to those implemented on the Smart Grid Investment Grant (SGIG) projects. Four technical reports cover the various types of technologies deployed in the SGIG projects, distribution automation, demand response, energy storage, and renewables integration. A fifth report in the series examines the benefits of deploying these technologies on a national level. This technical report examines the impacts of a limited number of demand response technologies and implementations deployed in the SGIG projects.

  2. Evaluation of Representative Smart Grid Investment Grant Project Technologies: Thermal Energy Storage

    Energy Technology Data Exchange (ETDEWEB)

    Tuffner, Francis K.; Bonebrake, Christopher A.

    2012-02-14

    This document is one of a series of reports estimating the benefits of deploying technologies similar to those implemented on the Smart Grid Investment Grant (SGIG) projects. Four technical reports cover the various types of technologies deployed in the SGIG projects, distribution automation, demand response, energy storage, and renewables integration. A fifth report in the series examines the benefits of deploying these technologies on a national level. This technical report examines the impacts of energy storage technologies deployed in the SGIG projects.

  3. Investments in information systems and technology in the healthcare: Project management mediation

    Directory of Open Access Journals (Sweden)

    Jorge Gomes

    2017-03-01

    Full Text Available Healthcare organisations must improve their business practices and internal procedures in order to answer the increasing demand of health professionals and the general public for more and better information. Hospitals invest massively in information systems and technology (IS/IT in the hope that these investments will improve healthcare and meet patients’ demands. The main objective of our research is to study how organisational maturity, enhanced by investments in IS/IT, project management and best practices, leads to successful projects in public healthcare organisations. The rational of our model is that organisational maturity has a positive effect on IS/IT project success, and that this success is also positively enhanced by the use of project management practices. We emphasise that this combination of approaches can increase the effectiveness of projects. Furthermore, it can also improve the confidence that the results of investments will meet stakeholders’ expectations.

  4. Evaluation of Representative Smart Grid Investment Grant Project Technologies: Distributed Generation

    Energy Technology Data Exchange (ETDEWEB)

    Singh, Ruchi; Vyakaranam, Bharat GNVSR

    2012-02-14

    This document is one of a series of reports estimating the benefits of deploying technologies similar to those implemented on the Smart Grid Investment Grant (SGIG) projects. Four technical reports cover the various types of technologies deployed in the SGIG projects, distribution automation, demand response, energy storage, and renewables integration. A fifth report in the series examines the benefits of deploying these technologies on a national level. This technical report examines the impacts of addition of renewable resources- solar and wind in the distribution system as deployed in the SGIG projects.

  5. Network models for solving the problem of multicriterial adaptive optimization of investment projects control with several acceptable technologies

    Science.gov (United States)

    Shorikov, A. F.; Butsenko, E. V.

    2017-10-01

    This paper discusses the problem of multicriterial adaptive optimization the control of investment projects in the presence of several technologies. On the basis of network modeling proposed a new economic and mathematical model and a method for solving the problem of multicriterial adaptive optimization the control of investment projects in the presence of several technologies. Network economic and mathematical modeling allows you to determine the optimal time and calendar schedule for the implementation of the investment project and serves as an instrument to increase the economic potential and competitiveness of the enterprise. On a meaningful practical example, the processes of forming network models are shown, including the definition of the sequence of actions of a particular investment projecting process, the network-based work schedules are constructed. The calculation of the parameters of network models is carried out. Optimal (critical) paths have been formed and the optimal time for implementing the chosen technologies of the investment project has been calculated. It also shows the selection of the optimal technology from a set of possible technologies for project implementation, taking into account the time and cost of the work. The proposed model and method for solving the problem of managing investment projects can serve as a basis for the development, creation and application of appropriate computer information systems to support the adoption of managerial decisions by business people.

  6. Should France invest in new nuclear technology? The enhancement of the EPR project using 'real option' method

    International Nuclear Information System (INIS)

    Epaulard, A.; Gallon, St.

    2000-01-01

    The mathematical tools developed to enhance financial options can also be used to calculate the economics value of investment projects which offer flexibility but whose return is uncertain (like options offered on the stock exchange). In this article, an enhancement method of this kind is applied to a construction project (in 2000) for an EPR nuclear prototype. This prototype will make it possible to use EPR to renew the French electrical infrastructure in 2020 (flexibility), but its economic value will depend upon competitiveness vis-a-vis other production methods available at this time (hence an uncertain return). We demonstrate that investing in EPR technology in 2000 will provide sufficient flexibility in 2020 to be considered profitable, even though it is improbable that the EPR technology will be used at the end of this period. The investment agreed in 2000 to expand EPR technology therefore effectively has the role of an option, or of an insurance policy (guaranteeing against the risk that traditional electricity production methods will be expensive in 2020). (authors)

  7. Investment in Green Technologies

    Science.gov (United States)

    Das Gupta, Supratim

    Since the middle of the 1970's, there has been considerable research about how to deal with exhaustible natural resources which are essential to production. In the absence of substitution possibilities, the finite stock of these resources acts as a limiting factor to continued growth of output and hence consumption possibilities. In our first chapter, we combine a finite natural resource and human capital in the production function and look at the possibility of maintaining a non-declining or sustainable level of consumption for an infinite horizon. Our results show that the return to human capital accumulation plays a key role in ensuring this objective. In our model without physical capital, we obtain a similar result where this return must be such that the fraction of time devoted to acquiring human capital each period is at least as much as the share of natural resources in output. Our second chapter focuses on the transition from a relatively cheap exhaustible natural resource (coal, gasoline) to an expensive alternative technology assumed to be in nearly unlimited supply (wind, solar). Due to significant cost differences between fossil-fuel based energy sources and these alternative (backstop) technologies, their use is not as widespread. Public subsidies to research can however bring about innovation through cheaper production techniques which would significantly reduce the operating costs of these backstop technologies. But without sufficient incentives for investment and patent protections, individual firms typically underinvest in backstop technologies relative to the socially optimal level. In our paper, we find that this underinvestment in the backstop also leads to an under-extraction of the exhaustible natural resource. This imply firms would conserve the natural resource for too long and switch later to the alternative technology relative to the socially optimal solution. We extend the chapter to include pollution as a flow variable. Pollution from

  8. Evaluating strategic investments : real options' role in new manufacturing technology projects

    OpenAIRE

    Silva, Patrícia Pereira da

    1998-01-01

    The decision to invest, particularly in new manufacturing tecnologies, is often hampered by using conventional methods of capital investment analysis. Limitations of current approaches are discussed and new frameworks that are being presented in the literature with regard to strategic concern are analysed. It is discussed how real options, a relatively recent technique from this the finance area, may provide the ability to measure some of the benefits that are presently treated.

  9. Engineering management technologies of increasing energy efficiency processes in the investment and construction projects

    Science.gov (United States)

    Borisovich Zelentsov, Leonid; Dmitrievna Mailyan, Liya; Sultanovich Shogenov, Murat

    2017-10-01

    The article deals with the problems of using the energy-efficient materials and engineering technologies during the construction of buildings and structures. As the analysis showed, one of the most important problems in this sphere is the infringement of production technologies working with energy-efficient materials. To improve the given situation, it is offered to set a technological normal at the design stage by means of working out the technological maps studying the set and the succession of operations in details, taking in mind the properties of energy-efficient materials. At Don State Technical University (DSTU) the intelligent systems of management are being developed providing organizational and technological and also informational integration of design and production stages by means of creating the single database of technological maps, volumes of work and resources.

  10. Advocating investments in information technology

    International Nuclear Information System (INIS)

    Nirenberg, L.M.

    1992-01-01

    Information and communication systems can improve the timeliness and quality of decisions. These benefits are strategically important to the utility industry in an era of increasing competition. Because these systems often do not reduce labor cost, however, they can be difficult to evaluate. This report presents a new process for reaching consensus of the value of capital investment in information and communication systems. The results of this project is A Strategic Advocacy Process (ASAP), a methodology that can be used to evaluate investments in information technology. ASAP uses belief graphs to produce a living business case showing facts, assumptions, goals, and metrics for measuring progress toward those goals; shows how to use option pricing theory to quantify the value of managerial flexibility; ASAP uses an organizational impact assessment tool to identify the potential impact of new information systems and how to realize the benefits of managerial flexibility. The ASAP methodology addresses the critical problem of correctly valuing information and communication systems. The methodology offers a way to account for the ''intangible'' value of these systems by recognizing the managerial flexibility these systems can provide in addressing risks and uncovering new business opportunities. Metrics for measuring progress toward new goals can be defined, and plans for achieving the goals can be made. As a result, agreement can be reached on the uses, value, and priority of projects based on a metric other than on labor replacement savings

  11. Determining the directions of increasing the innovative potential of the region by developing innovative technologies and competences when preparing and implementing large investment projects

    Directory of Open Access Journals (Sweden)

    Timur V. Kramin

    2015-12-01

    Full Text Available Objective to determine the directions of increasing the innovative potential of a region through the development of innovative technologies and competences in the process of preparation and implementation of large investment projects in the Republic of Tatarstan. Methods methodology of project management institutional approach. Results it is proved that the main largescale directions of innovative potential development in the Republic of Tatarstan as a result of preparation and implementing of Universiade 2013 in Kazan are knowledge management information technologies risk management. It is shown that in the framework of the considered innovative areas a complete system was formed of competences of employees and managers in the fields of education trade hospitality and service. Scientific novelty the key directions were defined of increasing the innovative potential of a region through the development of innovative technologies and competences in the process of preparation and implementation of large investment projects by the example of the World Summer Student Games in Kazan in 2013. Practical significance on the basis of specific examples the authors illustrate the practiceoriented mechanism of innovative potential development of a region as a result of implementation of large investment projects. nbsp

  12. The economic rationale for investing decisions innovative projects rationalization of investments for innovative projects

    Directory of Open Access Journals (Sweden)

    L. O. Zhitinskaya

    2017-01-01

    Full Text Available The article provides a selection of methods for determining the feasibility of an investment-innovative project. Estimated indicators are identified analytically, on their basis a conclusion is made about the economic efficiency and feasibility of the project, which is the basis of its competitiveness. Such growth analytics is necessary, since the social and economic development of the country and the region largely depends on the investment climate, which is facilitated by the legislation of the Russian Federation (the Tax Code of the Russian Federation, the law of the Russian Federation on the regulation of investment activities, etc.. Since competitiveness is also determined by the economic feasibility and financial solvency of innovative projects, modern information and software, as well as the methodology for project appraisal and the corresponding order of their implementation, are needed. In the Russian Federation, a method is used to assess the efficiency of capital investments in capitalist countries, as well as the methodology of economic (competitive analysis of investment-innovative projects. The basis of the method is that reimbursement of investments occurs in two economic forms: net profit and depreciation (net income. Of the numerous methods for assessing the feasibility of investment, the most often used along with discount methods (taking into account the factor of money changes over time, statistical methods with determining the payback period and the average rate of return on investment. Defined indicators: the net present value (NPV and the internal rate of return (IRR. The methodology specified in the article is useful to the investor in order to rationalize investment flows, helps to achieve the maximum IRR. The implementation of the innovative project serves the competitiveness of the manufacturing enterprise by increasing the technical and technological levels of the products.

  13. Collect, analyze and data base for building up the investment reports of Center for Nuclear Science and Technology construction project

    International Nuclear Information System (INIS)

    Pham Quang Minh; Tran Chi Thanh; Cao Dinh Thanh; Mai Dinh Trung; Hoang Sy Than; Nguyen Nhi Dien; Trinh Van Giap; Le Ba Thuan; Vu Tien Ha

    2014-01-01

    Following the Contract No.19/HD/NVCB dated July 10, 2013 signed by the President of Vietnam Atomic Energy Institute (VINATOM), an additional ministerial Project was approval by the Decision No. 526/QD-VNLNT dated July 8, 2013 by the VINATOM President in order to implement an important task for VINATOM. This project was implemented by the Institute for Nuclear Science and Technology (INST) in Hanoi as management organization and VINATOM as the owner of project results. Main objectives of this Project are to support national budget for implementing to collected the general report from previous projects which are relevant to CNEST and new research reactor, IAEA guidance documents, documents provided by ROSATOM in seminars in 2010, 2012 and 2013, report from expert visits of Ministry of Science and Technology and completed the general report about the construction project of CNEST. (author)

  14. Innovation investment area: Technology summary

    International Nuclear Information System (INIS)

    1994-03-01

    The mission of Environmental Management's (EM) Office of Technology Development (OTD) Innovation Investment Area is to identify and provide development support for two types of technologies that are developed to characterize, treat and dispose of DOE waste, and to remediate contaminated sites. They are: technologies that show promise to address specific EM needs, but require proof-of-principle experimentation; and (2) already proven technologies in other fields that require critical path experimentation to demonstrate feasibility for adaptation to specific EM needs. The underlying strategy is to ensure that private industry, other Federal Agencies, universities, and DOE National Laboratories are major participants in developing and deploying new and emerging technologies. To this end, about 125 different new and emerging technologies are being developed through Innovation Investment Area's (IIA) two program elements: RDDT ampersand E New Initiatives (RD01) and Interagency Agreements (RD02). Both of these activities are intended to foster research and development partnerships so as to introduce innovative technologies into other OTD program elements for expedited evaluation

  15. Innovation investment area: Technology summary

    Energy Technology Data Exchange (ETDEWEB)

    1994-03-01

    The mission of Environmental Management`s (EM) Office of Technology Development (OTD) Innovation Investment Area is to identify and provide development support for two types of technologies that are developed to characterize, treat and dispose of DOE waste, and to remediate contaminated sites. They are: technologies that show promise to address specific EM needs, but require proof-of-principle experimentation; and (2) already proven technologies in other fields that require critical path experimentation to demonstrate feasibility for adaptation to specific EM needs. The underlying strategy is to ensure that private industry, other Federal Agencies, universities, and DOE National Laboratories are major participants in developing and deploying new and emerging technologies. To this end, about 125 different new and emerging technologies are being developed through Innovation Investment Area`s (IIA) two program elements: RDDT&E New Initiatives (RD01) and Interagency Agreements (RD02). Both of these activities are intended to foster research and development partnerships so as to introduce innovative technologies into other OTD program elements for expedited evaluation.

  16. APPROACHES FOR EVALUATING AND FINANCING INVESTMENT PROJECTS

    Directory of Open Access Journals (Sweden)

    MARIA-LOREDANA POPESCU

    2011-04-01

    Full Text Available This article presents the financial investment approach and the investment evaluation methods, which are criteria for assessing both investment projects and their funding sources. An important role in the analysis carried out is played by the investment decision and financing decision quality. Making an investment decision implies computing the related investment efficiency indicators. They allow the comparison of several variants of the same investment project as well as their comparison with other projects in the same industry or in other industries. The financing decision concerns the selection between their own sources (share capital, depreciation fund, profits, reserve funds, additional capital, revenues from investments, attracted sources (domestic resource mobilization and borrowed sources (credits.

  17. 77 FR 3847 - Major Capital Investment Projects

    Science.gov (United States)

    2012-01-25

    ... Administration 49 CFR Part 611 Major Capital Investment Projects; Proposed Rule #0;#0;Federal Register / Vol. 77... Capital Investment Projects AGENCY: Federal Transit Administration (FTA), DOT. ACTION: Notice of Proposed... the project justification and local financial commitment criteria specified in statute and this...

  18. Monitoring the effectiveness evaluation of investment projects

    Directory of Open Access Journals (Sweden)

    Skopin Alex O.

    2012-02-01

    Full Text Available The article raised the question of monitoring regulatory evaluation of the effectiveness of regional investment projects. This is justified by the fact that the current regulatory framework defined indicators for measuring the effectiveness of regional investment projects, but these figures are usually used only at the design stage of the project, an interim assessment of the effectiveness of a sufficiently simplified and based on the level of exploration investment.

  19. Irreversible Investment with Embodied Technological Progress

    OpenAIRE

    Bruno de Oliveira Cruz; Aude Pommeret

    2015-01-01

    In this paper, we propose to explain capital accumulation in a stochastic framework by taking into account the two main motives for investment. Specifically, firms invest to expand capacity and to replace old machines. The model considers irreversible investment under uncertainty and embodied technological progress. It is shown to be consistent with the following empirical observations: Investment is lumpy and infrequent at the firm level; firms can invest even if they have not reached full c...

  20. Notification: EPA Investments in Information Technology Products and Services

    Science.gov (United States)

    Project #OA-FY14-0307, June 10, 2014. The U.S. Environmental Protection Agency (EPA) Office oflnspector General (OIG) plans to begin preliminary research on the EPA's management of information technology (IT) investments.

  1. Catalog of Investment Projects in Bulgaria

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2011-10-15

    This catalog includes information about 129 potential investment projects in Bulgaria and was developed by a team of experts from InvestBulgaria Agency in cooperation with municipalities and private companies. The document presents in brief general facts about the regions in Bulgaria. Projects are divided into the following categories: Tourism, Manufacturing, Urban Planning, Real Estate, Environment and renewable energy sources, Commerce, and Innovative and creative projects. The catalog provides detailed information about each project such as: status of the project, location, ownership, infrastructure, estimated value, contact information, etc.

  2. Simulation of investment returns of toll projects.

    Science.gov (United States)

    2013-08-01

    This research develops a methodological framework to illustrate key stages in applying the simulation of investment returns of toll projects, acting as an example process of helping agencies conduct numerical risk analysis by taking certain uncertain...

  3. MANAGING LARGE INVESTMENT PROJECTS IN GORJ

    Directory of Open Access Journals (Sweden)

    CÎRNU DORU

    2016-12-01

    Full Text Available Currently, the concept of project management is considered to be the best concept for efficient management of a project, so it is used all over the world, and most recently in our country. This concept is designed with all the general characteristics of project management, but adapted to the large investment projects. This paper presents the project management concept and project management organization for capital projects. This concept is conceived with all general characteristics of project management, but adopted to the condition of large investment projects. The concept also includes the project team and the project manager, the person authorized and responsible for achieving the objectives planned in the project. For efficient managing by project, it is necessary to insure a good compozition of project team, as a team of people who, in collaboration with project manager, work directly on managing the project. To effectively manage the project, it is necessary to ensure a proper composition of the project team, a team of people who, in collaboration with the project manager to work directly for project management. It is a particularly good method of achieving the objectives planned projects, which means a project with a certain level of performance required in a planned time, with planned costs.

  4. Project governance getting investments right

    CERN Document Server

    Williams, Terry M

    2012-01-01

    Provides essential insight into what it takes to turn an initial idea into a project with successful outcome in the long term. Fills a gap in current literature on project management and is thoroughly grounded in the latest research in this field.

  5. Cost overruns in public sector investment projects

    NARCIS (Netherlands)

    Miranda Sarmento, J.J.; Renneboog, Luc

    2017-01-01

    We analyze cost overruns in a large sample of public infrastructural investment projects in Portugal. The average cost deviation relative to the budgeted costs amounts to 24%. The large projects even have a higher cost deviation and a higher probability of cost overruns, which suggests that the

  6. Technology Transfer, Foreign Direct Investment and Economic ...

    African Journals Online (AJOL)

    2015-05-29

    May 29, 2015 ... Awosusi and Awolusi: Foreign Direct Investment and Economic Growth in Nigeria development ... (Saggi 2002) of international technology transfer, domestic investment, and growth is imperative, hence, the .... developing countries to draw upon the stock of knowledge created by their innovations. Contrary ...

  7. 75 FR 39492 - Major Capital Investment Projects

    Science.gov (United States)

    2010-07-09

    ... DEPARTMENT OF TRANSPORTATION Federal Transit Administration 49 CFR Part 611 [Docket No. FTA-2010-0009] RIN 2132-AB02 Major Capital Investment Projects AGENCY: Federal Transit Administration (FTA), DOT. ACTION: Public meetings on ANPRM. SUMMARY: This document announces the date, time, and location of an...

  8. 75 FR 33757 - Major Capital Investment Projects

    Science.gov (United States)

    2010-06-15

    ... DEPARTMENT OF TRANSPORTATION Federal Transit Administration 49 CFR Part 611 [Docket No. FTA-2010-0009] RIN 2132-AB02 Major Capital Investment Projects AGENCY: Federal Transit Administration (FTA), DOT. ACTION: Public meetings on ANPRM. SUMMARY: This document announces the dates, times, and locations of...

  9. Research on the Investment Costs of IT Project

    Science.gov (United States)

    Zurong, Chen; Feng, Jingchun

    2018-02-01

    The investment costs of IT project are the basis of IT project management. The meaning and composition of the investment costs of IT project were analyzed in this paper, which involving the engineering cost of IT project, the other costs of IT project, reserve cost and financing interest of the construction period. On this basis, the composition and content of static investment costs and dynamic investment costs of IT project were also studied in the paper.

  10. Technology, Agglomeration, and Regional Competition for Investment

    OpenAIRE

    Bruce A. Blonigen; Van Kolpin

    2002-01-01

    The active 'courting' of firms by municipalities, regions, and even nations has a long-standing history and the competition for firm location through a wide variety of incentives seems to have escalated to new heights in recent years. We develop a model that explores technology development by firms that face regional competition for their investment and examine the endogenous determination of regions' policies, firm technology, and agglomeration externalities. In particular, we find that regi...

  11. Information technology investments must deliver value

    International Nuclear Information System (INIS)

    Schulz, Y.

    1998-01-01

    The value of information technology (IT) management for the petroleum industry was discussed. There are currently two points of view regarding the subject. Adherents of one view hold that the strategic uses of information technology are relevant to the oil and gas industry, while those opposed find no demonstrated connection between information technology investments and business results. This paper addresses the impact of the information paradox, but maintains that information technology is not only valuable but essential to the oil and gas industry. This paper maintains that whenever it is perceived as being of limited use and too expensive, it is usually because it is not well managed. Value management can and should lead to superior outcomes. Neither exploration, nor drilling nor production, nor marketing could exist without information technology as the value is imperative. To further make the case, the nature of information technology value management and the strategies required to achieve value from information technology are reviewed. figs

  12. Technology transfers, foreign investment and productivity spillovers

    OpenAIRE

    NEWMAN, CAROL

    2015-01-01

    PUBLISHED This paper explores the relationship between foreign direct investment (FDI) and the productivity of host country domestic firms. We rely on a specially designed survey of over 4000 manufacturing firms in Vietnam, and separate out productivity gains along the supply chain (obtained through direct transfers of knowledge/technology between linked firms) from productivity effects through indirect FDI spillovers. In addition to identifying indirect vertical productivity spillovers fr...

  13. 10 CFR 603.1340 - Technology investment agreement.

    Science.gov (United States)

    2010-01-01

    ... 10 Energy 4 2010-01-01 2010-01-01 false Technology investment agreement. 603.1340 Section 603.1340 Energy DEPARTMENT OF ENERGY (CONTINUED) ASSISTANCE REGULATIONS TECHNOLOGY INVESTMENT AGREEMENTS Definitions of Terms Used in this Part § 603.1340 Technology investment agreement. A TIA is a special type of...

  14. NASA technology investments: building America's future

    Science.gov (United States)

    Peck, Mason

    2013-03-01

    Investments in technology and innovation enable new space missions, stimulate the economy, contribute to the nation's global competitiveness, and inspire America's next generation of scientists, engineers and astronauts. Chief Technologist Mason Peck will provide an overview of NASA's ambitious program of space exploration that builds on new technologies, as well as proven capabilities, as it expands humanity's reach into the solar system while providing broadly-applicable benefits here on Earth. Peck also will discuss efforts of the Office of the Chief Technologist to coordinate the agency's overall technology portfolio, identifying development needs, ensuring synergy and reducing duplication, while furthering the national initiatives as outlined by President Obama's Office of Science and Technology Policy. By coordinating technology programs within NASA, Peck's office facilitates integration of available and new technology into operational systems that support specific human-exploration missions, science missions, and aeronautics. The office also engages other government agencies and the larger aerospace community to develop partnerships in areas of mutual interest that could lead to new breakthrough capabilities. NASA technology transfer translates our air and space missions into societal benefits for people everywhere. Peck will highlight NASA's use of technology transfer and commercialization to help American entrepreneurs and innovators develop technological solutions that stimulate the growth of the innovation economy by creating new products and services, new business and industries and high quality, sustainable jobs.

  15. Computational Support for Technology- Investment Decisions

    Science.gov (United States)

    Adumitroaie, Virgil; Hua, Hook; Lincoln, William; Block, Gary; Mrozinski, Joseph; Shelton, Kacie; Weisbin, Charles; Elfes, Alberto; Smith, Jeffrey

    2007-01-01

    Strategic Assessment of Risk and Technology (START) is a user-friendly computer program that assists human managers in making decisions regarding research-and-development investment portfolios in the presence of uncertainties and of non-technological constraints that include budgetary and time limits, restrictions related to infrastructure, and programmatic and institutional priorities. START facilitates quantitative analysis of technologies, capabilities, missions, scenarios and programs, and thereby enables the selection and scheduling of value-optimal development efforts. START incorporates features that, variously, perform or support a unique combination of functions, most of which are not systematically performed or supported by prior decision- support software. These functions include the following: Optimal portfolio selection using an expected-utility-based assessment of capabilities and technologies; Temporal investment recommendations; Distinctions between enhancing and enabling capabilities; Analysis of partial funding for enhancing capabilities; and Sensitivity and uncertainty analysis. START can run on almost any computing hardware, within Linux and related operating systems that include Mac OS X versions 10.3 and later, and can run in Windows under the Cygwin environment. START can be distributed in binary code form. START calls, as external libraries, several open-source software packages. Output is in Excel (.xls) file format.

  16. NASA/ESTO investments in remote sensing technologies (Conference Presentation)

    Science.gov (United States)

    Babu, Sachidananda R.

    2017-02-01

    For more then 18 years NASA Earth Science Technology Office has been investing in remote sensing technologies. During this period ESTO has invested in more then 900 tasks. These tasks are managed under multiple programs like Instrument Incubator Program (IIP), Advanced Component Technology (ACT), Advanced Information Systems Technology (AIST), In-Space Validation of Earth Science Technologies (InVEST), Sustainable Land Imaging - Technology (SLI-T) and others. This covers the whole spectrum of technologies from component to full up satellite in space and software. Over the years many of these technologies have been infused into space missions like Aquarius, SMAP, CYGNSS, SWOT, TEMPO and others. Over the years ESTO is actively investing in Infrared sensor technologies for space applications. Recent investments have been for SLI-T and InVEST program. On these tasks technology development is from simple Bolometers to Advanced Photonic waveguide based spectrometers. Some of the details on these missions and technologies will be presented.

  17. \\t Capital Planning and Investment Control (CPIC) for the Management of Information Technology Investments

    Science.gov (United States)

    Capital Planning and Investment Control (CPIC) is the Information Technology (IT) governance and management methodology in use at EPA for selecting, controlling and evaluating the performance of EPA IT investments throughout the full lifecycle.

  18. Railway projects prioritisation for investment : application of goal programming

    OpenAIRE

    Ahern, Aoife; Anandarajah, Gabrial

    2007-01-01

    This research develops a weighted integer goal-programming model for prioritising railway projects for investment. The goal of the model is to prioritise the identified projects for investment while maximising the objectives and meeting the budget limit for capital investment. The model minimises the goal deviations of the objectives. The objectives of the model include quantitative and qualitative attributes. The model is applied to prioritise the new railway projects, which have a total cos...

  19. Economic Efficiency and Investment Implementation in Energy Saving Projects

    Directory of Open Access Journals (Sweden)

    Venelin Terziev

    2017-09-01

    Full Text Available Investment in building thermoinsulation is a subject to appraisal for efficiency from the position of discounted cash flows taken specifically by energy saving. The appraisal of investment as optimal is attended by achieving the shortest term for investment implementation, the lowest investment outlays, the maximum total net value of energy savings, the shortest investment payback period. The complex application of the dynamic methods for appraising economic efficiency of an investment – net present value, internal rate of return, profitability index and discounted payback period, involves drawing of particular values which comparison definitely will show if this kind of investment is practically “attractive”. However, the question for significance weight of each of these indicators above in decision making for implementation a particular real investment still remains unsolved. This requires working out a system of criteria, priorities that can determine which of the indicators for economic efficiency of specific investment project will have the highest significance.

  20. Integrating energy and environmental goals. Investment needs and technology options

    International Nuclear Information System (INIS)

    2004-04-01

    Economic and population growth will continue to drive an expansion of the global energy market. The Earth's energy resources are undoubtedly adequate to meet rising demand for at least the next three decades. But the projected increases in energy consumption and market developments raise serious concerns about the security of energy supplies, investment in energy infrastructure, the threat of environmental damage caused by energy use and the uneven access of the world's population to modern energy. The first two sections of this background paper provide an outlook for energy demand and emissions over the next thirty years, based on findings in the IEA's World Energy Outlook 2002. Section four presents projections for global investment needs from the latest WEO publication, the World Energy Investment Outlook 2003. For both the energy and investment outlooks, an alternative scenario for OECD countries is examined. The scenarios describe a world in which environmental and energy supply security concerns will continue to plague policy makers. Clearly, changes in power generation, automotive engines and fuel technologies will be required to change trends in energy demand and emissions over the next thirty years and beyond. Improvements in energy efficiency will also play a fundamental role. A number of technologies offer the long term potential to diversify the energy sector away from its present heavy reliance on fossil fuels. Based on various IEA studies, section five evaluates those technologies that offer the potential to reduce emissions, including renewable energy, fossil-fuel use with CO2 capture and storage, nuclear, hydrogen, biofuels and efficient energy end use. No single technology can meet the challenge by itself. Different regions and countries will require different combinations of technologies to best serve their needs and best exploit their indigenous resources. Developing countries, in particular, will face far greater challenges in the years ahead

  1. Improvement of methods of evaluation of investment projects in the context of import substitution

    Directory of Open Access Journals (Sweden)

    Kuvshinov M.S.

    2017-01-01

    Full Text Available Due to the imposition of sanctions, based more on geopolitical interests, there were additional essential restrictions on sources of external credits, use of import raw materials and technologies, possibilities of attraction to work of the qualified employees which do not have the Russian nationality, participation in the international technology and scientific projects. At similar restrictions of different resources investment decisions are made extremely carefully, and especially careful and reasonable efficiency evaluation of the investments is required. Traditionally used techniques of efficiency evaluation of investment projects not fully consider strategic interests of owners of industrial enterprises and investors. Decrease in risks requires higher quality of project evaluation. In this work the method of multi-level consistently complex integral assessment of investment projects on an indicator of the integral indicator of their efficiency implementing consecutive selection of investment projects from a portfolio on essential indicators of commercial effectiveness, efficiency of production business activities, a financial state and productivity of activity is provided. The developed method of a complex assessment of investment projects is implemented for practical application by the software product allowing to create on the basis of economic-mathematical modeling specific recommendations in economic practice of industrial enterprises during the developing and implementation of investment strategies. The conclusion that for the Russian economy in the conditions of import substitution accounting of all set of interests of investors and owners of the enterprises provides development and implementation of reasonable investment strategies is drawn.

  2. THEORETICAL APPROACHES DEFINE SENSE OF INVESTMENT PROJECT

    Directory of Open Access Journals (Sweden)

    Yu. A. Burduzha

    2010-11-01

    Full Text Available The essence of terms “project”, “investment project” is defined in the article, as well as the difference between definitions of terms “project”, “plan” and “program” is determined. The main approaches to the treatment of definition of term “investment project” are considered.

  3. Technology transfers, foreign investment and productivity spillovers

    DEFF Research Database (Denmark)

    Newman, Carol; Rand, John; Talbot, Theodore Purdendu

    2015-01-01

    This paper explores the relationship between foreign direct investment (FDI) and the productivity of host country domestic firms. We rely on a specially designed survey of over 4000 manufacturing firms in Vietnam, and separate out productivity gains along the supply chain (obtained through direct...... transfers of knowledge/technology between linked firms) from productivity effects through indirect FDI spillovers. In addition to identifying indirect vertical productivity spillovers from FDI, our results show that there are productivity gains associated with direct linkages between foreign......-owned and domestic firms along the supply chain not captured by commonly used measures of spillovers. This includes evidence of productivity gains through forward linkages for domestic firms which receive inputs from foreign-owned firms....

  4. Defining Investment Additionality for CDM projects - practical approaches

    International Nuclear Information System (INIS)

    Greiner, Sandra; Michaelowa, Axel

    2003-01-01

    The environmental integrity of the CDM under the Kyoto Protocol depends on the possibility to avoid giving emission credits to projects that would have happened anyway. Whether and how 'Investment Additionality' of CDM projects has to be determined is currently a part of climate negotiations. We discuss the rationale of companies to invest in projects and analyse possible criteria to determine Investment Additionality from a theoretical point of view. Differences in the type of investment call for the application of different criteria. Although some criteria are better than others, no single criterion can outweigh the others in all respects. We therefore suggest a scheme for additionality testing that aims at matching types of investment and criteria in a sensible way. Criteria are evaluated on the grounds of robustness to manipulation, degree of coverage and appropriateness for testing the investment decision under consideration

  5. Analysis on Dynamic Decision-Making Model of the Enterprise Technological Innovation Investment under Uncertain Environment

    Directory of Open Access Journals (Sweden)

    Yong Long

    2012-01-01

    Full Text Available Under the environment of fuzzy factors including the return of market, performance of product, and the demanding level of market, we use the method of dynamic programming and establish the model of investment decision, in technology innovation project of enterprise, based on the dynamic programming. Analysis of the influence caused by the changes of fuzzy uncertainty factors to technological innovation project investment of enterprise.

  6. Impacts of project attributes on investment preferences : an empirical cluster analysis of energy conservation investment attitudes

    NARCIS (Netherlands)

    Meisner, Jan; Gillissen, Merlijn

    1994-01-01

    Investment attitude refers to the way managements of firms value attributes of investmentproposals and weigh them in their final appraisal. It seems that among firms in the Netherlands an investment attitude exists that hinders theimplementation of energy conservation projects. Using paired

  7. Influence of elements of “technological revolution” on efficiency of the investment and construction sphere

    Directory of Open Access Journals (Sweden)

    Murashova Olga

    2017-01-01

    Full Text Available The article describes a new view on the investment and construction area taking into consideration the influence of information technologies and innovations. The author has pointed out the basic aspects, which could allow making a break-through in management effectiveness, if being implemented in companies’ business or in investment and construction projects. The article presents the definition of the investment and construction cycle as an integrator of innovation solutions. The paper contains the conclusion about the obvious sector development using active implementation of information modeling of the investment and construction project facilities.

  8. Healthcare's Future: Strategic Investment in Technology.

    Science.gov (United States)

    Franklin, Michael A

    2018-01-01

    Recent and rapid advances in the implementation of technology have greatly affected the quality and efficiency of healthcare delivery in the United States. Simultaneously, diverse generational pressures-including the consumerism of millennials and unsustainable growth in the costs of care for baby boomers-have accelerated a revolution in healthcare delivery that was marked in 2010 by the passage of the Affordable Care Act.Against this backdrop, Maryland and the Centers for Medicare & Medicaid Services entered into a partnership in 2014 to modernize the Maryland All-Payer Model. Under this architecture, each Maryland hospital negotiates a global budget revenue agreement with the state's rate-setting agency, limiting the hospital's annual revenue to the budgetary cap established by the state.At Atlantic General Hospital (AGH), leaders had established a disciplined strategic planning process in which the board of trustees, medical staff, and administration annually agree on goals and initiatives to achieve the objectives set forth in its five-year strategic plans. This article describes two initiatives to improve care using technology. In 2006, AGH introduced a service guarantee in the emergency room (ER); the ER 30-Minute Promise assures patients that they will be placed in a bed or receive care within 30 minutes of arrival in the ER. In 2007, several independent hospitals in the state formed Maryland eCare to jointly contract for intensive care unit (ICU) physician coverage via telemedicine. This technology allows clinical staff to continuously monitor ICU patients remotely. The positive results of the ER 30-Minute Promise and Maryland eCare program show that technological advances in an independent, small, rural hospital can make a significant impact on its ability to maintain independence. AGH's strategic investments prepared the organization well for the transition in 2014 to a value-based payment system.

  9. Information Technology Investment Strategy Planning: Balance Scorecard Approach

    Directory of Open Access Journals (Sweden)

    Henny Hendarti

    2011-05-01

    Full Text Available Purpose of this research are to prepare the IT investment strategy using Balanced Scorecard approach in the company where the appropriate planning of this IT investment strategy can maximize the competitive benefit in the company, and it also to recommended a strategy of IT investment that can be implemented and measure the rate of return from the IT investment in the company. Research Method used book studies, field studies, and analysis system. Book studies from the books and journal. Field studies done by observation, interview, and questioner, and analysis system done by analyzed the ongoing system in the company. The result from this analysis is a recommendation in investment IT such as sales module, payment module, and report module. Then for the conclusion, this information technology investment planning can be develop to another investment implementation such authorized website of the company and using PDA (Personal Digital AssistantIndex Terms - Planning, Information Technology, Investment, Balance Scorecard

  10. How to Choose the Best Investment Project - Multicriterial Approach

    OpenAIRE

    Plazibat, Neli; Babić, Zoran

    1996-01-01

    The choice of the best investment project is a typical problem which requires the use of multicriterial analysis. This paper presents one of the possible ways of such choice from the set of 15 investment projects mostly done for the so called "small enterprises". The final choice i.e. the final rank of the projects is carried out by the combination of the two methods for multicriterial decision making, the analytic hierarchy process and PROMETHEE method.

  11. FINANCING MECHANISMS FOR INVESTMENT PROJECTS IN THE AGRICULTURAL SECTOR OF UKRAINE'S ECONOMY INVOLVING ANGEL INVESTORS

    Directory of Open Access Journals (Sweden)

    T. Nagachevska

    2014-06-01

    Full Text Available The challenges connected with attracting foreign investments into the agricultural sector of the Ukrainian economy as well as diversification of forms of international investments are actual due to the immediate needs of realization of innovative development, technological upgrading and strengthening of agricultural sector attractiveness on the world market. Current situation and problems connected with attracting foreign investments into the agricultural sector of the Ukrainian economy are revealed. It is detected that level of attracting foreign investments into the agricultural sector of Ukraine and into AIC together don't meet the needs of its innovative potential. The following factors of agricultural sector attractiveness have been considered: high soil fertility and favorable weather conditions for growing crops; export capacity; high yield of the Ukrainian farming companies; undervalued assets and low level of capitalization of agricultural companies; attractive tax regime for agricultural producers. It is recommended that agricultural producers should indicate these factors in investment proposals and projects that they present to potential international investors. State investment policy in the agricultural sector is viewed to consolidate the resource base and the sources of investment have been determined. Suggestions to expand the financing mechanisms for investment projects in the agricultural sector involving angel investors have been justified. Economic feasibility of attracting foreign investments for financing of innovation activity of farming companies has been revealed. The key requirements and main stages of investments of angel investment association have been described.

  12. Output-based allocation and investment in clean technologies

    Energy Technology Data Exchange (ETDEWEB)

    Rosendahl, Knut Einar; Storroesten, Halvor Briseid

    2011-07-01

    Allocation of emission allowances may affect firms' incentives to invest in clean technologies. In this paper we show that so-called output-based allocation tends to stimulate such investments as long as individual firms do not assume the regulator to tighten the allocation rule as a consequence of their investments. The explanation is that output-based allocation creates an implicit subsidy to the firms' output, which increases production, leads to a higher price of allowances, and thus increases the incentives to invest in clean technologies. On the other hand, if the firms expect the regulator to tighten the allocation rule after observing their clean technology investment, the firms' incentives to invest are moderated. If strong, this last effect may outweigh the enhanced investment incentives induced by increased output and higher allowance price. (Author)

  13. Investment in Watershed Services projects: the ClimateWIse project

    Science.gov (United States)

    Brauman, K. A.; Ponette-González, A.; Bremer, L.; Hamel, P.; Floerke, M.; Rocha, H.; Schneider, C.

    2016-12-01

    Millions of people depend on water supplied from páramo grasslands and Andean and Atlantic forests in montane tropical South America. It is thus critical to ensure clean, secure water through climate-resilient source water protection. Through a multidisciplinary, multi-institutional, and multi-country (U.S., Germany, Brazil) partnership, our newly funded project `ClimateWIse' will collaborate with a network of Investment in Watershed Services (IWS) projects to assess the effects of land use and climate change on water resources in this region. In IWS projects, downstream water users support upstream land stewards in undertaking source watershed protection activities. These projects are often sited at high-elevations in data-poor regions, and there is little evidence of their immediate or long-term impact on water quantity or quality. In recent years, many IWS projects have initiated formal monitoring programs. One key goal of ClimateWIse is to compile and analyze this IWS monitoring data, focusing on three sites in Brazil and three in Peru, Ecuador, and Colombia. Using preliminary data from three IWS programs in Brazil - Extrema, Camboriu, and Guandu - we demonstrate how the monitoring design of IWS programs can be combined with regional-scale weather and land use data to quantify land-use change and climate change impacts on water resources in this region. The challenges of ongoing data cleaning and assimilation will be discussed, as will the challenges of comparing data from programs where different types of monitoring programs have been implemented.

  14. Finite Project Life and Uncertainty Effects on Investment

    NARCIS (Netherlands)

    Gryglewicz, S.; Huisman, K.J.M.; Kort, P.M.

    2006-01-01

    This paper revisits the important result of the real options approach to investment under uncertainty, which states that increased uncertainty raises the value of waiting and thus decelerates investment.Typically in this literature projects are assumed to be perpetual.However, in today.s economy

  15. Exploring International Investment through a Classroom Portfolio Simulation Project

    Science.gov (United States)

    Chen, Xiaoying; Yur-Austin, Jasmine

    2013-01-01

    A rapid integration of financial markets has prevailed during the last three decades. Investors are able to diversify investment beyond national markets to mitigate return volatility of a "pure domestic portfolio." This article discusses a simulation project through which students learn the role of international investment by managing…

  16. Exploring the evolution of investment pattern on advanced manufacturing technology

    DEFF Research Database (Denmark)

    Yang, Cheng; Matthiesen, Rikke Vestergaard; Johansen, John

    2014-01-01

    This paper explores the evolution of investment pattern on advanced manufacturing technology in a manner that builds on a longitudinal perspective. Based on the data of investments in AMTs from 567 manufacturing companies this paper develops a longitudinal taxonomy defined by the evolution...... of technology management, which is comprised primarily of cross-sectional studies that do not address the dynamic nature of investments in AMTs....

  17. The Returns of Investment in Tertiary Technological Education in Greece.

    Science.gov (United States)

    Tsamadias, Constantinos

    2002-01-01

    Return on investment was estimated from earnings data on Greek graduates of tertiary technological education and secondary education, using elaborate and Mincerian estimation models. Return rates were similar in both methods. Differences were greater for females. Both societal and individual investment in tertiary technological education was…

  18. ESTIMATION CRITERIA OF INVESTMENT INNOVATIVE PROJECTS IN HEALTHCARE SPHERE

    OpenAIRE

    Vadim A. Lomazov; Elena V. Nesterova

    2013-01-01

    The problem of evaluating investment projects in the health sector, implemented on a public-private partnership, is considered. As part of the procedure for constructing estimates is suggested to reveal medical, social, economic, scientific and innovative components of the project as a separate component of the project to be used as the analytic hierarchy subcriteria.

  19. ESTIMATION CRITERIA OF INVESTMENT INNOVATIVE PROJECTS IN HEALTHCARE SPHERE

    Directory of Open Access Journals (Sweden)

    Vadim A. Lomazov

    2013-01-01

    Full Text Available The problem of evaluating investment projects in the health sector, implemented on a public-private partnership, is considered. As part of the procedure for constructing estimates is suggested to reveal medical, social, economic, scientific and innovative components of the project as a separate component of the project to be used as the analytic hierarchy subcriteria.

  20. Financial options methodology for analyzing investments in new technology

    Science.gov (United States)

    Wenning, B. D.

    1995-01-01

    The evaluation of investments in longer term research and development in emerging technologies, because of the nature of such subjects, must address inherent uncertainties. Most notably, future cash flow forecasts include substantial uncertainties. Conventional present value methodology, when applied to emerging technologies severely penalizes cash flow forecasts, and strategic investment opportunities are at risk of being neglected. Use of options evaluation methodology adapted from the financial arena has been introduced as having applicability in such technology evaluations. Indeed, characteristics of superconducting magnetic energy storage technology suggest that it is a candidate for the use of options methodology when investment decisions are being contemplated.

  1. Financial options methodology for analyzing investments in new technology

    International Nuclear Information System (INIS)

    Wenning, B.D.

    1994-01-01

    The evaluation of investments in longer term research and development in emerging technologies, because of the nature of such subjects, must address inherent uncertainties. Most notably, future cash flow forecasts include substantial uncertainties. Conventional present value methodology, when applied to emerging technologies severely penalizes cash flow forecasts, and strategic investment opportunities are at risk of being neglected. Use of options valuation methodology adapted from the financial arena has been introduced as having applicability in such technology evaluations. Indeed, characteristics of superconducting magnetic energy storage technology suggest that it is a candidate for the use of options methodology when investment decisions are being contemplated

  2. Profitability Analysis for Agricultural Investment Projects

    Directory of Open Access Journals (Sweden)

    Florina Oana VIRLANUTA

    2011-11-01

    Full Text Available In agriculture production is based on a process both economically as well as the biological one, the work results are influenced, more than any branch of economic, natural and climatic conditions are subject to higher risk and permanently. Due to the features of production in agriculture, we believe that it is necessary such as performance agricultural units to be assessed under a system of specific indicators. The correct assessment units are closely related agricultural economic-financial investment in agriculture. In the following we present and analyze a complex system of specific performance indicators of the extremely for assessing agricultural units.

  3. Financing investment in environmentally sound technologies: Foreign direct investment versus foreign debt finance

    International Nuclear Information System (INIS)

    Anyangah, Joshua Okeyo

    2010-01-01

    This paper develops a screening model to examine the relationship between alternative sources of private capital and investment in environmentally sound technologies (ESTs). In the model, a polluter (agent) must secure investment funds from the international financial markets in order to upgrade its production and abatement technology. The requisite capital can be obtained via either market loans (debt finance) or foreign direct investment (FDI). Under debt finance, the foreign financier supplies only capital and the relationship between the two parties is more 'arms-length'. By contrast, under FDI, the investor delivers both capital and managerial skills. We use the model to derive the implications of debt finance for optimal investment decisions and compare them to those obtained under FDI. Investment incentives are more pronounced under debt finance. (author)

  4. An Assessment of Priority in the Investing in Technological Processes, Considering the Parameter of Competitive Adaptibility of Technologies

    Directory of Open Access Journals (Sweden)

    Didyk Andrii M.

    2016-03-01

    Full Text Available The article is aimed at developing a method for assessing the priority in the investing in technological processes of enterprises. This method differs from the existing through considering (in terms of multi-criteria approach together with using membership functions in the term sets the parameter of competitive adaptibility of technologies, which reflects their ability to improve the competitive position of enterprise in the market in the short terms and acquire competitive advantage regardless of the scale of investment projects. The main stages of assessing the priority in the investing in technological processes of enterprises have been provided, making use of fuzzy logic instrumentarium. Prospects for further researches on the topic should be contained in identifying the resource constraints in solving multi-criteria task of assessing priority in the investment in technological processes, taking into account the parameter of competitive adaptibility of technologies

  5. Investment and Project Economics: Contemporary Lessons for ...

    African Journals Online (AJOL)

    Taking up the contemporary challenge to sensitize and synergize instructional, industrial and governmental functionaries along this line are leading global faculties such as the Academy of Project Management (APM), Project Management Institute (PMI), and Business Analyst (BA) Times, amongst others. This work is ...

  6. Investment and Project Economics: Contemporary Lessons for ...

    African Journals Online (AJOL)

    Toshiba

    expeditiously realize the projects and conscientiously actualize the desired transformation. Thus, construction management, project administration and allied contractual concerns are all about change. (Agundu, 2011; Olusegun, 2011; Neebee and Ihenyen, 2010; Omesi and Eze, 2008). The Gosden – Timperley – Cube ...

  7. Investment and Project Economics: Contemporary Lessons for ...

    African Journals Online (AJOL)

    Toshiba

    Abstract. Ideally, projects constitute the nexus of strategic national transformation and sustainable development. Taking up the contemporary challenge to sensitize and synergize instructional, industrial and governmental functionaries along this line are leading global faculties such as the Academy of Project Management ...

  8. 78 FR 1991 - Major Capital Investment Projects

    Science.gov (United States)

    2013-01-09

    ... give adequate consideration to projects in fast growing areas and the long term benefits of the project..., outlined in the NPRM. First, FTA intends, as noted in the NPRM, to measure a wider range of benefits... mobility benefits and cost-effectiveness that are simplified yet reliably objective metrics. Second, FTA is...

  9. Technological Progress and Investment Microeconomic Foundations and Macroeconomic Implications

    OpenAIRE

    Boucekkine, Raouf; de Oliveira Cruz, Bruno

    2006-01-01

    This paper presents a non-technical overview of the recent investment literature with a special emphasis on the connection between technological progress and the investment decision. First of all, we acknowledge that some dramatic advances have been made in the 1990s in understanding and modelling non-convex capital adjustment schemes and irreversibility. Nonetheless, this new literature has not satisfactorily accounted for the investment-specific (or embodied) nature of technical progress. W...

  10. The Real Options Attached to an Investment Project

    Directory of Open Access Journals (Sweden)

    Mihai-Cristian DINICĂ

    2011-12-01

    Full Text Available The real options capture the importance of the managerial team’s role in creating value through investment projects. The investments in real assets have a set of options that managers can exercise during the period of the project to increase the value of the assets or to limit the eventual losses. This options have their own value.The traditional methods for investment project evaluatioan, based on discounted cash flows, have some major disadvantages: they assume the irreversibility of a decision, do not take into account the interactions between decisions in several periods and treat the investment as pasive. The evaluation using real options undertake this disadvantage. The paper shows the main types of real options, together with their elements and captures the impact of these options on the value of the investment. The main two models used to evaluate real options, the binomial model and Black-Scholes model, are explained and used to compute the value of real options attached to an investment project.

  11. [Provision of integrity and reliability in hygienic examination of investment projects for human capital development].

    Science.gov (United States)

    Tarkhov, P V; Matsenko, A M; Krugliak, A P; Derkach, Zh V

    2012-01-01

    To reach normal competitiveness in world division of labour, investment projects should stimulate development of human capital towards advance of modern technologies and organizational development of all types of labour. At present time there are only separate calculations of certain types of people's health damage and completely disparate matters of damage compensation exceptionally for chemical contamination effects. The purpose of the paper is development of algorithms to provide hygienic welfare of human capital in investment projects. For this purpose in investments assessment and hygienic examination it is necessary to apply complete and comprehensive (systematic) evaluation of all factors that influence human capital welfare and practical hygienic and research institutions should be focused on systematic elimination of possible dangers and risks of investment projects.

  12. Financial risks in major investment projects

    International Nuclear Information System (INIS)

    Segelod, Esbjoern

    2006-01-01

    We have probably all read about large projects which proved far more expensive than anticipated, projects such as the Channel tunnel which cost 80% more than planned, and the oil pipeline between the oil field in Prudhoe Bay in Northern Alaska and the oil terminal in Vadez in the south which overran its budget by 1,000%. The purpose of this paper is to summarise our knowledge of the risk of cost escalation. Which projects are more likely than others to be hit by cost escalation, and why

  13. Considerations for successful minority investments in independent power projects

    International Nuclear Information System (INIS)

    Bleveans, Lincoln

    1998-01-01

    This article considers the role of lead developers and lead investors, and minority investors in power projects. The risks involved in minority investment without control is examined, and minority investor issues, the 'due diligence' of the minority investor, the need for timely information, and the importance of minority investors to the power project are discussed. (UK)

  14. Attractiveness Evaluation of Investment in Wind Energy Projects

    Directory of Open Access Journals (Sweden)

    Paulius Rudzkis

    2012-07-01

    Full Text Available Last decade as prices of fossil energy resources were almost constantly going upwards, increasing flow of investments is directed to renewable energy resources. Development and application of green energy became one of priority objectives in many countries. While in the context of wind energy production Lithuania lags behind the EU average, its potential of wind energy usage has great perspective. In this article using random processes, cost-benefit and financial analysis, attractiveness of investment in wind energy projects is examined. Given the stochastic nature of wind energy and by looking into investment profitableness and risk factors, effectiveness of wind turbine is evaluated. Analysis showed that wind energy projects could be considered as having high profit-to-risk factor and should generate significant interest of investment community.

  15. The study on stage financing model of IT project investment.

    Science.gov (United States)

    Chen, Si-hua; Xu, Sheng-hua; Lee, Changhoon; Xiong, Neal N; He, Wei

    2014-01-01

    Stage financing is the basic operation of venture capital investment. In investment, usually venture capitalists use different strategies to obtain the maximum returns. Due to its advantages to reduce the information asymmetry and agency cost, stage financing is widely used by venture capitalists. Although considerable attentions are devoted to stage financing, very little is known about the risk aversion strategies of IT projects. This paper mainly addresses the problem of risk aversion of venture capital investment in IT projects. Based on the analysis of characteristics of venture capital investment of IT projects, this paper introduces a real option pricing model to measure the value brought by the stage financing strategy and design a risk aversion model for IT projects. Because real option pricing method regards investment activity as contingent decision, it helps to make judgment on the management flexibility of IT projects and then make a more reasonable evaluation about the IT programs. Lastly by being applied to a real case, it further illustrates the effectiveness and feasibility of the model.

  16. Ceramic Technology Project

    Energy Technology Data Exchange (ETDEWEB)

    1992-03-01

    The Ceramic Technology Project was developed by the USDOE Office of Transportation Systems (OTS) in Conservation and Renewable Energy. This project, part of the OTS's Materials Development Program, was developed to meet the ceramic technology requirements of the OTS's automotive technology programs. Significant accomplishments in fabricating ceramic components for the USDOE and NASA advanced heat engine programs have provided evidence that the operation of ceramic parts in high-temperature engine environments is feasible. These programs have also demonstrated that additional research is needed in materials and processing development, design methodology, and data base and life prediction before industry will have a sufficient technology base from which to produce reliable cost-effective ceramic engine components commercially. A five-year project plan was developed with extensive input from private industry. In July 1990 the original plan was updated through the estimated completion of development in 1993. The objective is to develop the industrial technology base required for reliable ceramics for application in advanced automotive heat engines. The project approach includes determining the mechanisms controlling reliability, improving processes for fabricating existing ceramics, developing new materials with increased reliability, and testing these materials in simulated engine environments to confirm reliability. Although this is a generic materials project, the focus is on the structural ceramics for advanced gas turbine and diesel engines, ceramic bearings and attachments, and ceramic coatings for thermal barrier and wear applications in these engines. To facilitate the rapid transfer of this technology to US industry, the major portion of the work is being done in the ceramic industry, with technological support from government laboratories, other industrial laboratories, and universities.

  17. Expanding educational access and opportunities: The globalization and foreign direct investment of multinational corporations and their influence on STEM, project-based learning and the national science and technology fair in schools in Costa Rica

    Science.gov (United States)

    Valdez, Joaquin G.

    The purpose of this qualitative study was to examine the influence of globalization and the foreign direct investment (FDI) of multinational corporations (MNCs) on the curriculum in schools in Costa Rica. The study focused primarily on Science, Technology, Engineering and Mathematics (STEM), Project-Based Learning (PBL), 21st century skills, and the national science and technology fair. The high influx of MNCs such as Intel has changed the global and educational culture of the country increasing the number of knowledge-based workers in Costa Rica. As a result, policy changes have been instituted in education to mirror the demands of sustaining the country's global economy. This study was supported by the creation of three research questions that would attempt to answer 1) the extent that teachers implementing STEM curriculum trace their practices back to policy, globalization, and multinational corporations as well as the extent to which the economic growth of Costa Rica and STEM education are related, 2) how mandating the national science and technology fair has influenced 21st century skills through project-based learning and the use of technology by teachers and its impact on curriculum and instruction, and 3) how has the national science and technology fair policy changed the value of STEM education for students, teachers, and educational leaders. To further understand the outcome of this study, four theoretical frameworks were applied that included, Spring's theory of world educational culture, Friedman's world flatteners, Wagner's 21st century skills and partnerships for 21st century skills, and Slough and Milam's STEM project-based learning theoretical framework. Each framework was applied to support the changes to the educational system; survival skills necessary to compete in the global job market; application of 21st century skills in the classroom and in the science projects students created. A research team comprised of 14 doctoral students, led by Dr

  18. Investment specific technological progress and structural change

    Directory of Open Access Journals (Sweden)

    Ricardo Silva Azevedo Araujo

    2010-12-01

    Full Text Available In this paper we introduce investment specific technical progress into Pasinetti's model of structural change. Our aim is to assess the effects of embodied technical progress on economic growth and macroeconomic variables. Our findings suggest that despite the fact that this type of technical progress increases the productivity of capital, it has negative effects on conditions that promote full employment.

  19. Application of scenario analysis in the investment projects evaluation

    Directory of Open Access Journals (Sweden)

    Brzaković Tomislav

    2016-01-01

    Full Text Available Investing represents an investment in the present to achieve certain effects in the future, and risk is an essential part of the investment process. Scenario analysis involves key risk factors of the project, its sensitivity to changes in key factors and the likelihood of their changes. Scenario analysis allows us to assign probabilities to the base case, the best case and the worst case so that we can find the expected value and standard deviation of the project's NPV to get a better idea of the project's risk. The goal is to determine whether it is possible to make relevant investment decisions on the basis of the parameters of projects risk, such as the standard deviation and the coefficient of variation. The paper is based on a mathematical model, applied to a specific agricultural company. In our case, the project has a wide range of possibilities and a large potential negative value, which suggests a great risk of the project. Although the scenario analysis shows a higher risk, it is not clear if the project should be accepted or not, and therefore, it is necessary to conduct simulation analysis, in order to get reliable answers.

  20. NASA Program Office Technology Investments to Enable Future Missions

    Science.gov (United States)

    Thronson, Harley; Pham, Thai; Ganel, Opher

    2018-01-01

    The Cosmic Origins (COR) and Physics of the Cosmos (PCOS) Program Offices (POs) reside at NASA GSFC and implement priorities for the NASA HQ Astrophysics Division (APD). One major aspect of the POs’ activities is managing our Strategic Astrophysics Technology (SAT) program to mature technologies for future strategic missions. The Programs follow APD guidance on which missions are strategic, currently informed by the NRC’s 2010 Decadal Survey report, as well as APD’s Implementation Plan and the Astrophysics Roadmap.In preparation for the upcoming 2020 Decadal Survey, the APD has established Science and Technology Definition Teams (STDTs) to study four large-mission concepts: the Origins Space Telescope (née, Far-IR Surveyor), Habitable Exoplanet Imaging Mission, Large UV/Optical/IR Surveyor, and Lynx (née, X-ray Surveyor). The STDTs will develop the science case and design reference mission, assess technology development needs, and estimate the cost of their concept. A fifth team, the L3 Study Team (L3ST), was charged to study potential US contributions to ESA’s planned Laser Interferometer Space Antenna (LISA) gravitational-wave observatory.The POs use a rigorous and transparent process to solicit technology gaps from the scientific and technical communities, and prioritize those entries based on strategic alignment, expected impact, cross-cutting applicability, and urgency. For the past two years, the technology-gap assessments of the four STDTs and the L3ST are included in our process. Until a study team submits its final report, community-proposed changes to gaps submitted or adopted by a study team are forwarded to that study team for consideration.We discuss our technology development process, with strategic prioritization informing calls for SAT proposals and informing investment decisions. We also present results of the 2017 technology gap prioritization and showcase our current portfolio of technology development projects. To date, 96 COR and 86

  1. Portfolio management for investment projects in the construction industry

    Directory of Open Access Journals (Sweden)

    Kozlov Alexander

    2017-01-01

    Full Text Available The Russian business community has realized the need for project/targeted programme management procedures; therefore, the demand for customized project-oriented management methods goes up. In the meantime, this demand is not supplied in full, and the supply is far from being efficient. Project management methodologies need further improvement, including development of portfolio management processes applicable to investment projects developed and implemented in the construction industry. The article considers General approaches to the formalization of the management of portfolios of investment–construction projects. For the main groups of processes portfolio management (“Formation and alignment”, “Monitoring and control” and “Support and development” deals with their constituent sub-processes. The proposed decomposition can be used for both portfolio construction and investment projects and also has an invariant character, which allows extending the proposed approaches to other system target–oriented and project–oriented management.

  2. CHARACTERISTICS OF MIRR METHOD IN EVALUATION OF INVESTMENT PROJECTS' EFFECTIVENESS

    OpenAIRE

    P. Kukhta

    2014-01-01

    There were analyzed characteristics of the Modified Internal Rate of Return method in the evaluation of investment projects, restrictions connected with its application, advantages and disadvantages compared with indicators of the original Internal Rate of Return and Net Present Value for projects with certain baseline characteristics. It was determined opportunities to adapt the method of Modified Internal Rate of Return to alternative computational approaches of the project cash flows evalu...

  3. CHARACTERISTICS OF MIRR METHOD IN EVALUATION OF INVESTMENT PROJECTS' EFFECTIVENESS

    Directory of Open Access Journals (Sweden)

    P. Kukhta

    2014-09-01

    Full Text Available There were analyzed characteristics of the Modified Internal Rate of Return method in the evaluation of investment projects, restrictions connected with its application, advantages and disadvantages compared with indicators of the original Internal Rate of Return and Net Present Value for projects with certain baseline characteristics. It was determined opportunities to adapt the method of Modified Internal Rate of Return to alternative computational approaches of the project cash flows evaluation.

  4. Investments in technology subject to uncertainty. Analysis and policy

    DEFF Research Database (Denmark)

    Pedersen, Jørgen Lindgaard

    1997-01-01

    Investments in technology are today of such a magnitude that it matters. In the paper there are three important questions. First on the question in which sense technological uncertainty can be said to be a problem. Second on strategies for diminishing technological uncertainties. Three on policy...

  5. Investment appraisal of technology innovations on dairy farm electricity consumption.

    Science.gov (United States)

    Upton, J; Murphy, M; De Boer, I J M; Groot Koerkamp, P W G; Berentsen, P B M; Shalloo, L

    2015-02-01

    The aim of this study was to conduct an investment appraisal for milk-cooling, water-heating, and milk-harvesting technologies on a range of farm sizes in 2 different electricity-pricing environments. This was achieved by using a model for electricity consumption on dairy farms. The model simulated the effect of 6 technology investment scenarios on the electricity consumption and electricity costs of the 3 largest electricity-consuming systems within the dairy farm (i.e., milk-cooling, water-heating, and milking machine systems). The technology investment scenarios were direct expansion milk-cooling, ice bank milk-cooling, milk precooling, solar water-heating, and variable speed drive vacuum pump-milking systems. A dairy farm profitability calculator was combined with the electricity consumption model to assess the effect of each investment scenario on the total discounted net income over a 10-yr period subsequent to the investment taking place. Included in the calculation were the initial investments, which were depreciated to zero over the 10-yr period. The return on additional investment for 5 investment scenarios compared with a base scenario was computed as the investment appraisal metric. The results of this study showed that the highest return on investment figures were realized by using a direct expansion milk-cooling system with precooling of milk to 15°C with water before milk entry to the storage tank, heating water with an electrical water-heating system, and using standard vacuum pump control on the milking system. Return on investment figures did not exceed the suggested hurdle rate of 10% for any of the ice bank scenarios, making the ice bank system reliant on a grant aid framework to reduce the initial capital investment and improve the return on investment. The solar water-heating and variable speed drive vacuum pump scenarios failed to produce positive return on investment figures on any of the 3 farm sizes considered on either the day and night

  6. Characteristics of Criteria for Selecting Investment Projects under Uncertainty

    Directory of Open Access Journals (Sweden)

    Adrian ENCIU

    2011-07-01

    Full Text Available Within financial theory and practice, there are used five main criteria for selecting investment projects: the net present value (NPV criterion, the internal rate of return (IRR criterion, the return term (RT criterion, the profitability ratio (PR criterion and the supplementary return (SR criterion. The assay will emphasize several new properties of said indexes for investment assessment, having as starting point the hypotheses of (approximately normal repartition of cash-flows generated by an investment project. The obtained results point to the fact that the NPV indexes (the analysis of this criterion was carried out in the article “The NPV Criterion for Valuing Investments under Uncertainty”, Daniel Armeanu, Leonard Lache, Economic Computation and Economic Cybernetics Studies and Research no. 4/2009, pp. 133-143, IRR, PR, RT and SR register normal repartitions, therefore simplifying the investment analysis under economic uncertainty, by the capacity of building confidence intervals and assessing probabilities for the inferior limits of said investment assessment indexes.

  7. Human Capital Investment and the Value of Risky R&D Projects

    DEFF Research Database (Denmark)

    Dockner, Engelbert; Siyahhan, Baran

    be observed during the R&D phase of the project. The exogenous value of the patent determines the firm’s decisions to invest in human capital, to abandon the project if necessary, and to invest in marketing the new product. We study the corresponding optimal stopping times, determine their value and risk......We consider a firm that employs human capital to make a technological breakthrough. Since the probability of success of the breakthrough depends on the current stock of human capital the firm has an incentive to expand its human capital stock. The present value of the patent is stochastic but can...... consequences, and derive optimal investment in the stock of human capital. While optimal investment in human capital is very sensitive to its productivity do increase the probability of a breakthrough it is insensitive to changes in the volatility of the present value of the patent. The value of the firm...

  8. ECO INVESTMENT PROJECT MANAGEMENT THROUGH TIME APPLYING ARTIFICIAL NEURAL NETWORKS

    Directory of Open Access Journals (Sweden)

    Tamara Gvozdenović

    2007-06-01

    Full Text Available he concept of project management expresses an indispensable approach to investment projects. Time is often the most important factor in these projects. The artificial neural network is the paradigm of data processing, which is inspired by the one used by the biological brain, and it is used in numerous, different fields, among which is the project management. This research is oriented to application of artificial neural networks in managing time of investment project. The artificial neural networks are used to define the optimistic, the most probable and the pessimistic time in PERT method. The program package Matlab: Neural Network Toolbox is used in data simulation. The feed-forward back propagation network is chosen.

  9. RegionsТ Competition for Investment Projects in Forest Development

    Directory of Open Access Journals (Sweden)

    Valentina Fedorovna Lapo

    2014-06-01

    Full Text Available The author considers the problem of competition between regions for investments. It is hypothesized that the presence of legislative stimulating benefits in a particular region, ceteris paribus, promotes investment flows in forest projects from other regions and is an instrumentl of inter-regional competition. To test the hypotheses the researcher uses a modified model with spatial weighted exogenous variables in order to assess the spatial effects. The obtained estimates indicate the presence of spatial effects, both negative (an inter-regional competition for investment and positive (agglomeration effects. The author argues that the process of inter-regional competition for investment in projects on forest development is caused by benefits under taxes and payments into the regional budget, regulation of pricing (including actions by natural and local monopolies and depreciation policy and solutions to put some forest projects in the list of priority ones. Along with this, the paper identifies agglomeration effects induced by a number of benefits: direct dealings in investment by financing or property contribution, subsidies, state guarantees, credit security and partial payment of interest

  10. European investment projects in third countries: Legally green?

    NARCIS (Netherlands)

    D.N. Ratsiborinskaya (Daria)

    2012-01-01

    textabstractThis article provides an overview of the corporate self-regulation by five European-based multilateral financial institutions where European environmental acquis is applied in investment projects in the third countries. Academic research on environmental standards suffers from a certain

  11. Development as an effective management system construction and investment projects

    Directory of Open Access Journals (Sweden)

    Beloborodov Roman S.

    2011-02-01

    Full Text Available The article presents the material of the application of the conception «Development» as the effective methodology of the investment-construction project management within the framework the systems approach. Theoretical principles of the application of this conception are generalized and systematized based on the example of the creation of the low habitable complex.

  12. Managing Investment in Teaching and Learning Technologies

    Science.gov (United States)

    Coen, Michael; Nicol, David

    2007-01-01

    Information and communications technologies are radically changing the way that teaching and learning activities are organised and delivered within higher education (HE) institutions. A wide range of technologies is being deployed in quite complex and interactive ways, including virtual learning environments (VLEs), mobile communication…

  13. Strategic Technology Investment Analysis: An Integrated System Approach

    Science.gov (United States)

    Adumitroaie, V.; Weisbin, C. R.

    2010-01-01

    Complex technology investment decisions within NASA are increasingly difficult to make such that the end results are satisfying the technical objectives and all the organizational constraints. Due to a restricted science budget environment and numerous required technology developments, the investment decisions need to take into account not only the functional impact on the program goals, but also development uncertainties and cost variations along with maintaining a healthy workforce. This paper describes an approach for optimizing and qualifying technology investment portfolios from the perspective of an integrated system model. The methodology encompasses multi-attribute decision theory elements and sensitivity analysis. The evaluation of the degree of robustness of the recommended portfolio provides the decision-maker with an array of viable selection alternatives, which take into account input uncertainties and possibly satisfy nontechnical constraints. The methodology is presented in the context of assessing capability development portfolios for NASA technology programs.

  14. Investment timing under uncertain renewable energy policy: An empirical study of small hydropower projects

    International Nuclear Information System (INIS)

    Linnerud, Kristin; Andersson, Ane Marte; Fleten, Stein-Erik

    2014-01-01

    Policy uncertainty can be a powerful deterrent to immediate investments. Based on panel data of 214 licenses to construct small run-of-the-river hydropower plants, we examine whether the prospect of a common Swedish–Norwegian market for green certificates (i.e., a renewable portfolio standard scheme) affected the timing of investments. Our results show that traditional utilities and other professional investors in the energy market acted in accordance with a real options investment rule, and the prospect of possible future subsidies delayed their investment decision. On the other hand, our results do not show that farmers and other non-professional investors incorporated timing considerations in their investment decisions. Rather, our results indicate that these investors behaved as if their investment opportunity is now-or-never, investing if the project is profitable according to a net present value investment rule, ignoring the opportunity to create additional value by waiting. The observed difference in behavior between professional and non-professional investors is interesting given the distributed nature of many renewable energy technologies, and can help planners and policymakers better understand the forces shaping the future market for electricity. - Highlights: • We examine whether the prospect of introducing subsidies delayed investments in hydropower. • We find that professional and non-professional investors behaved differently. • Professional investors explored the opportunity to create additional value by waiting. • Farmers behaved as if their investment opportunity was now-or-never. • These observations are interesting given the distributed nature of renewable energy technologies

  15. The Investments in Renewable Energy Sources: Do Low Carbon Economies Better Invest in Green Technologies?

    Directory of Open Access Journals (Sweden)

    Antonio Angelo Romano

    2011-01-01

    Full Text Available The aim of this study is to analyse the driving of investment in renewable energy sources in low carbon and high carbon economies. To address these issues, a dynamic panel analysis of the renewable investment in a sample of 29 countries was proposed. Results demonstrate that the dynamic of investments in renewable sources is similar in the two panels, and depends by nuclear power generation, GDP and technological efficiency. Results show that countries try to reduce their environmental footprint, decreasing the CO2 intensity. Based on the estimation results, we think that energy sustainability passes through the use of renewable resources that can complement the nuclear technology on condition that both exceed their limits.

  16. Joint Small Arms Technology Development Strategy for Joint Service Small Arms Science and Technology Investments

    Science.gov (United States)

    2016-01-26

    weight reduction technologies in order to maintain Soldier mobility on the battlefield. Technology investment should be made in weight reduction ...technology investment should be made in design and analysis of lightweight structural components to reduce weapon receiver and chassis weight . Weight ...includes weight reduction (load reduction to the soldier), ergonomics, and communication and integration of fire control components. Specifically in the

  17. PROBLEMS OF ENVIRONMENTAL AND ECONOMICAL ASSESSMENT OF INVESTMENT PROJECTS ON PROCESSING WASTES INTO CONSTRUCTION PRODUCTS

    Directory of Open Access Journals (Sweden)

    Tskhovrebov Eduard Stanislavovich

    2017-03-01

    Full Text Available Social and economical development, investing activities, and ensuring environmental safety are the main strategic components of sustainable development of the Russian Federation. Considering that any economic activities are related to using natural resources, and environmental impact, the economically and ecologically effective investments in modern competitive resources- and energy-saving, environment-safe industrial and other innovative technologies are the integral conditions of ensuring favorable conditions for life activities, achieving balance of the ecological-economic system of the country However, there is a number of environmental and business factors, which prevent full-scale implementation of modern resource-saving and environmental protection technologies in production, ensuring, on the one hand, achievement of pay-back of investments in the shortest times (economic result in the form of profit, and on the other hand, observation of all environmental, sanitary-and-hygienic, technical norms, demands and rules set forth by the legislation. At the stage of business planning, all the possible future environmental costs and environmental and financial damages caused by the manufacturing activities during implementation and post-implementation periods are not taken into account as a practice of assessment of environmental efficiency and practicality of investment projects. This article covers methodical and scientific methodological approaches to the solution of the given problem within the limits of development of recommendations on environmental and economic assessment of investment projects that would ensure environmental safety and economic efficiency of the investments. Results of own researches in the field, including the developed software for environmental and economic assessment of investment projects in the building industry, in the waste processing into secondary raw materials and products, which allows to analyze efficiency of

  18. ANALYSIS OF INVESTMENT ATTRACTIVENESS REDEVELOPMENT PROJECTS THE INDUSTRIAL AREAS IN KIEV

    Directory of Open Access Journals (Sweden)

    Yevsyukov T. O.

    2017-08-01

    Full Text Available At the present stage of development of land relations in major cities of our country important issue is the development of investment, attract and use foreign investment. According to the Law of Ukraine "On investment activity" under the investment necessary to understand "all types of property and intellectual values invested in business and other activities, which resulted in creating profit (income or social effect is achieved." For the economy of any city, including the city. Kyiv and development of urban land use, renovation of industrial areas deindustrialization of inefficient production centers, it is extremely important investment activity (foreign investment as one of the most effective mechanisms for the development and activities of national companies. The purpose of the article to analyze the investment attractiveness of the redevelopment projects of industrial areas to economic development of eco-industrial land use in Kiev, despite the downward trend in investment activity of domestic enterprises, the need for technical and technological modernization of production as well as the entire market infrastructure, redevelopment of industrial areas. Redevelopment areas – this is a comprehensive activity aimed at changing the existing construction work carried out with the help of large investments (investments in reconstruction; renovation of; overhaul; demolition; conversion; improving the environment, which results in a positive effect on economic, social and environmental aspects. Investment and construction projects related to redevelopment of industrial land use (objects in the management of the city, characterized by considerable risks given the high capital intensity, binding to a specific area, and the impact of other internal and external factors. That is why this investment activity should be ensured exceptional dynamic management to ensure the quality of implementation and the necessary level of profitability and

  19. The Risks of Investments in Transport Infrastructure Projects

    Directory of Open Access Journals (Sweden)

    O. Pokorná

    2002-01-01

    Full Text Available Investment decisions should not be taken without an in-depth analysis of the risks. This is an important stage in project preparation and should be performed simultaneously with the planning of the financial operations. Infrastructure development requires that project risks and responsibilities be assigned to the public or private entity that is best able to manage them. The risks and their financial impacts are usually not quantified equally by all parties. Each party views the given risks according to the guarantees provided. These guarantees are related to the form of participation in the project.

  20. Technology Transfer, Foreign Direct Investment and Economic ...

    African Journals Online (AJOL)

    The aim of this study is to investigate the long-run equilibrium relationship between various international factors and economic growth, as well as to assess the short-term impact of inward FDI, trade and economic growth on international technology transfer to Nigeria. To achieve this, the study used a time series data from ...

  1. Financial investments in fuel cells and hydrogen projects in Brazil

    Energy Technology Data Exchange (ETDEWEB)

    Brito de Matos, Maiana; Neves, Newton Pimenta Jr.; Silva, Ennio Peres da; Silva Pinto, Cristiano [Universidade Estadual de Campinas (UNICAMP), SP (Brazil)

    2010-07-01

    This work aims to identify, classify and account for the investments in hydrogen and fuel cells from 1999 to 2007 made by the public and private sectors in Brazil. Two methodologies were applied to obtain the data for this study. The Top-Down methodology was used to obtain the information from the sponsoring agencies, institutions and funds that promote science and technology in Brazil, such as CNPq, FINEP, P and D ANEEL and Regional Foundations for Research Support. The Bottom-Up methodology consisted in obtaining data directly from the research groups granted by those agencies. After accounting the total Brazilian investment in the period, this was compared with the investments made by the other BRIC countries (Russia, India and China). Next, BRIC countries investment was compared with those made by the European Union, Japan and the United States. The results show that in order to participate in the market share related to equipment and services for the hydrogen economy, Brazil needs to increase the efforts in research, development and innovation in the area. It will be also necessary to apply resources in other important research issues besides ethanol reforming, polymer electrolyte and solid oxide fuel cells, which are the current technologies supported by the Brazilian funding agencies. To achieve this, resources that are already available could be used more efficiently. Another important evidence is that the total annual investment made BRIC countries together is of the same order of magnitude as the investments made separately by the European Union, Japan and the United States. (orig.)

  2. How Korean Venture Capitals Invest In New Technology Ventures

    Directory of Open Access Journals (Sweden)

    Youngkeun Choi

    2013-01-01

    Full Text Available In the entrepreneurship field, this study examines what kinds of external endorsements are helpful for venture capitals investment and the growth of new technology ventures in developing countries. This study uses the signalling theory and the methodologies of multiple regression and survival analysis with the panel data of the ventures in Korea. In the results, collaboration with business groups and certification of government are positively influential in attracting venture capitals’ investment, which accelerate the growth of new technology ventures. The practical implication for entrepreneurs is that they need to obtain the endorsement from business groups and governments strategically.

  3. Technology Cooperation Agreement Pilot Project (TCAPP)

    Energy Technology Data Exchange (ETDEWEB)

    Keegan, P.; Benioff, R.

    1999-10-20

    The Technology Cooperation Agreement Pilot Project (TCAPP) is helping developing countries design and implement actions to attract investment in clean energy technologies that will meet their economic development goals, while mitigating greenhouse gas emissions. TCAPP was launched by three US government agencies -- the US Agency for International Development (USAID), the US Environmental Protection Agency (USEPA), and the US Department of Energy (USDOE) -- in August 1997 to establish a model for climate change technology cooperation with developing and transition countries. This report describes the TCAPP approach and the significant progress made by the participating countries.

  4. PRINCIPLES OF ASSESSING THE SOCIAL EFFECTS BY IMPLEMENTING INVESTMENT PROJECTS

    Directory of Open Access Journals (Sweden)

    Denis SIMOV

    2013-12-01

    Full Text Available Financial instruments are efficient – in terms of resource – mobilization of cohesion policy resources to achieve the objectives of the strategy. Rules of forming the investment strategy, particularly in State structures, by using the budget funds of the Republic of Moldova, must include as one of the criteria for project selection, the achieve of a positive social effect associated with its implementation.

  5. ISSUES REGARDING THE FINANCIAL FLOW PROJECTIONS IN THE SELECTION OF INVESTMENT PROJECTS

    Directory of Open Access Journals (Sweden)

    Mariana Rodica ŢÎRLEA

    2015-06-01

    Full Text Available For a company, through investment activities, it is followed to either create new abilities or expand the existing abilities, the partial or complete replacement of existing technical base or its modernization. In the condition that it is desired the creation of a technical base, the investment involves the purchase of fixed capital that can materialize in: buildings, special buildings, land, vehicles, facilities, equipment, etc. In terms of expansion and modernization, investment implies the existence of a material base on which should be intervened wholly or partly by its development or modernization. For the selection of investment projects in the context of investment strategy established at enterprise level through a Financial justification and prioritization of investments this should lead to the achievement of the objectives set at its level.

  6. Investment appraisal of technology innovations on dairy farm electricity consumption

    NARCIS (Netherlands)

    Upton, J.; Murphy, M.; Boer, de I.J.M.; Groot Koerkamp, P.W.G.; Berentsen, P.B.M.; Shalloo, L.

    2015-01-01

    The aim of this study was to conduct an investment appraisal for milk-cooling, water-heating, and milk-harvesting technologies on a range of farm sizes in 2 different electricity-pricing environments. This was achieved by using a model for electricity consumption on dairy farms. The model simulated

  7. Investments on a Rugged Landscape: The Effect of Investor Population, Network Structure, and Complexity on Technological Change

    DEFF Research Database (Denmark)

    Hain, Daniel; Mas Tur, Elena

    In this paper, we investigate which characteristics of technological and financial systems might be conductive for technological change. We are particularly in how the interplay between capabilities, resources and networks among investors with the complexity and maturity of technologies affect...... the rate and direction of investments in potential innovation projects. To do so, we present an agent-based simulation model of technology investment by heterogeneous financial agents connected in a co-investment network. We model these agents as to observe emerging technologies on a technology “fitness...... landscape”, and select potential investment targets according to their perceived risk-adjusted returns, where risks are a function of the technology’s maturity and the returns of the achieved technology fitness. Subject to imperfect information and bounded rationality, financial agents are heterogeneous...

  8. Digital management technology and its application to investment casting enterprises

    Directory of Open Access Journals (Sweden)

    Xiao-yuan Ji

    2016-09-01

    Full Text Available With the advent of Industry 4.0, more and more investment casting enterprises are implementing production manufacturing systems, especially in the last two years. This paper summarizes three new common requirements of the digital management aspect in precision casting enterprises, and puts forward three corresponding techniques. They are: the production process tracking card technology based on the main-sub card mode; the workshop site production process processing technology based on the barcode; and the equipment data integration technology. Then, this paper discusses in detail the principle, application and effect of these technologies; to provide the reference for enterprises to move towards digital casting and intelligent casting.

  9. Principles for the formation of an effective concept of multifunctional high-rise construction investment projects

    Science.gov (United States)

    Beliakov, Sergei

    2018-03-01

    Investment projects of high-rise construction have a number of features that determine specific risks and additional opportunities that require analysis and accounting in the formation of an effective project concept. The most significant features of high-rise construction include long construction time, complexity of technical and technological solutions, complexity of decisions on the organization of construction and operation, high cost of construction and operation, complexity in determining the ratio of areas designed to accommodate different functional areas, when organizing and coordinating the operation of the facility, with internal zoning. Taking into account the specificity of high-rise construction, among the factors determining the effectiveness of projects, it is advisable to consider as key factors: organizational, technological and investment factors. Within the framework of the article, the author singled out key particular functions for each group of factors under consideration, and also developed a system of principles for the formation of an effective concept of multifunctional high-rise construction investment projects, including the principle of logistic efficiency, the principle of optimal functional zoning, the principle of efficiency of equipment use, the principle of optimizing technological processes, the principle maximization of income, the principle of fund management, the principle of risk management . The model of formation of an effective concept of investment projects of multifunctional high-rise construction developed by the author can contribute to the development of methodological tools in the field of managing the implementation of high-rise construction projects, taking into account their specificity in the current economic conditions.

  10. Principles for the formation of an effective concept of multifunctional high-rise construction investment projects

    Directory of Open Access Journals (Sweden)

    Beliakov Sergei

    2018-01-01

    Full Text Available Investment projects of high-rise construction have a number of features that determine specific risks and additional opportunities that require analysis and accounting in the formation of an effective project concept. The most significant features of high-rise construction include long construction time, complexity of technical and technological solutions, complexity of decisions on the organization of construction and operation, high cost of construction and operation, complexity in determining the ratio of areas designed to accommodate different functional areas, when organizing and coordinating the operation of the facility, with internal zoning. Taking into account the specificity of high-rise construction, among the factors determining the effectiveness of projects, it is advisable to consider as key factors: organizational, technological and investment factors. Within the framework of the article, the author singled out key particular functions for each group of factors under consideration, and also developed a system of principles for the formation of an effective concept of multifunctional high-rise construction investment projects, including the principle of logistic efficiency, the principle of optimal functional zoning, the principle of efficiency of equipment use, the principle of optimizing technological processes, the principle maximization of income, the principle of fund management, the principle of risk management . The model of formation of an effective concept of investment projects of multifunctional high-rise construction developed by the author can contribute to the development of methodological tools in the field of managing the implementation of high-rise construction projects, taking into account their specificity in the current economic conditions.

  11. State investments in high-technology job growth.

    Science.gov (United States)

    Leicht, Kevin T; Jenkins, J Craig

    2017-07-01

    Since the early 1970's state and local governments have launched an array of economic development programs designed to promote high-technology development. The question our analysis addresses is whether these programs promote long-term high-technology employment growth net of state location and agglomeration advantages. Proponents talk about an infrastructure strategy that promotes investment in public research and specialized infrastructure to attract and grow new high technology industries in specific locations, and a more decentralized entrepreneurial strategy that reinforces local agglomeration capacities by investing in new enterprises and products, promoting the development of local networks and partnerships. Our results support the entrepreneurial strategy, suggesting that state governments can accelerate high technology development by adopting market-supportive programs that complement private sector initiatives. In addition to positive direct benefits of technology deployment/transfer programs and SBIR programs, entrepreneurial programs affect change in high-technology employment in concert with existing locational and agglomeration advantages. Rural (i.e. low population density) states tend to benefit by technology development programs. Infrastructure strategy programs also facilitate high technology job growth in places where local advantages already exist. Our results suggest that critics of industrial policy are correct that high technology growth is organic and endogenous, yet state governments are able to "pick winners and losers" in ways that grow their local economy. Copyright © 2017 Elsevier Inc. All rights reserved.

  12. METHODOLOGICAL ASPECTS OF CLASSIFICATION OF INVESTMENT MODELS APPLICABLE TO CONSTRUCTION PROJECTS

    OpenAIRE

    Yaskova Natalya Yurevna; Moskvichev Danil Vasilevich

    2012-01-01

    The paper covers the identification of basic investment models applicable to construction projects. They are needed to substantiate the transformation of the investment system, to identify the numerical values of the investment process, and to solve the problems that prevent the efficiency improvement of the investment system. As a result of the analysis, the authors have identified sixteen models that differ in the mode of investment, investment targets, types of investees, in...

  13. EVALUATION CRITERIA OF INNOVATIVE SOCIAL INVESTMENT PROJECTS IN HEALTH CARE

    Directory of Open Access Journals (Sweden)

    Vadim Aleksandrovich Lomazov

    2013-11-01

    Full Text Available Purpose: analysis of key indicators and creation of evaluation criteria of innovative socio-economic investment projects in healthcare, implemented on the basis of public-private partnerships.Methodology: there has been performed comprehensive assessment of specialized socio-economic projects in health sector taking into consideration interests of participants in the project (public and private, main aspects (medical, social, economic, scientific and innovative, and assessment components (presumable effectiveness or risk during implementation of the project. The degree of relative importance of the factors considered in each level, and the levels themselves are determined by experts with the help of paired comparisons method. The values of the project indicators are estimated against nonuniform grading scale, both the results of direct measurements and expert information being used.Results: There has been suggested an approach and a procedure for evaluating projects based on the allocation of interests, issues and evaluation components of the project as sub-criteria levels of the hierarchy analysis method; there has been developed research prototype of information analysis system for assessment of projects on the basis of the proposed approach.DOI: http://dx.doi.org/10.12731/2218-7405-2013-8-48

  14. FOREIGN DIRECT INVESTMENT AND TECHNOLOGICAL INNOVATION IN DEVELOPING COUNTRIES

    Directory of Open Access Journals (Sweden)

    Kamilia Loukil

    2016-09-01

    Full Text Available A large number of countries have enacted laws aimed at making it easier for firms to invest in their country, while many countries offer various monetary incentives and tax incentives to encourage inward Foreign Direct Investment (FDI. The desire to attract FDI is due not only to the fact that FDI brings in new investment boosting national income and employment, but also due to the expectation that inward FDI would also provide additional spillover benefits to the local economy that can result in higher productivity growth and increased export growth. This study aims to examine the impact of foreign direct investment on innovation in developing countries. The estimation of a panel threshold model on a sample of 54 developing countries for the 1980-2009 period shows the presence of non linear effects in the relationship between FDI and innovation. We find a threshold value of technological development below which FDI has a negative impact on innovation and above which FDI has a significant positive impact on innovation. We conclude that it is not enough for economic policy to attract foreign investments, it is still necessary to support domestic firms to build an absorptive capacity allowing them to enjoy the benefits of multinational firms.

  15. Assessing the capital efficiency of healthcare information technologies investments: an econometric perspective.

    Science.gov (United States)

    Meyer, Rodolphe; Degoulet, Patrice

    2008-01-01

    To examine the different methods that can be used in the quantification of the added value of information technologies (IT) in the health care sector. This quantification represents a major issue for decision-makers and health care professionals when they have to plan an IT investment. Articles were chosen via Medline, internet and the University of Geneva bibliographic portal. Some of the papers were obtained directly from their authors. We examine the most current methods used to evaluate IT return on investment (ROI) in the general business and in the health care sector, drawing attention on methods traditionally used in macroeconomic studies that could reveal themselves disruptive for IT ROI impact evaluation in hospitals. Financial and accounting methods can provide interesting data on a specific IT project but are usually incomplete for revealing the global IT investment influence. Econometric methods tend to demonstrate the positive impact of health care IT (HIT) on hospital production and productivity. Hospitals having higher levels of IT investment tend to deliver a higher level of clinical quality and show improved hospital cost performances. Information technologies are so intermingled with people and processes that the identification of specific IT benefit remains questionable. Using macroeconomic tools could be the best way to analyze and compute IT ROI in health care. Econometric tools take into account all types investments (inputs) and all the returns (outputs) enabling the precise measurement of IT investments impact, breakeven points, and possible threshold levels, thus providing helpful intelligence to reach the higher levels of IT governance in hospitals.

  16. Medical implants by using RP and investment casting technologies

    Directory of Open Access Journals (Sweden)

    Milan Horacek

    2011-02-01

    Full Text Available The paper deals with the production technology of knee joint replacement by using rapid prototyping technology. The aim of the work is to outline the manufacturing technology intended for prototype production with the use of rapid prototyping and investment casting technology for use in orthopaedics and the surgery of knee joint replacement. The research results should make an effective contribution in the attempts to minimize the invasive surgical procedure, shorten the production of knee joint replacement as well as reduce the cost. At present, the research is focused on the preparation of STL data from CT (Computed Tomography and verification of the production technology of prototypes made using available RP technology and its evaluation.

  17. CREATION OF OPTIMAL PERFORMANCE OF AN INVESTMENT PROJECT

    Directory of Open Access Journals (Sweden)

    Višnja Vojvodić Rosenzweig

    2010-12-01

    Full Text Available The selection of an investment project is formulated as a multi-criteria decision-making problem. This paper presents a case in which the decision-maker uses nine criteria or rather attributes (Net Present Value, Internal Rate of Return, Payback Period, Accounting Rate of Return, Cumulative Cash Flows, Return on Investment, Net Profit Margin, Interest Coverage Ratio and Current Ratio. Individual utility functions are constructed for each attribute separately, as well as a global utility function representing a weighted sum of individual utility functions. For every attribute a finite set of ordered pairs or utility points is determined, taking into account the decision-maker’s assessment. The given points are then approximated by the utility function. Finally, according to the decision-maker’s assessment the optimization problem is solved with the purpose of achieving an optimal performance for each project. By way of negotiation the performances on offer approach the optimal performance of the project with the purpose of realising an agreement between the decision-maker and the investor.

  18. Transformational Tools and Technologies Project

    Data.gov (United States)

    National Aeronautics and Space Administration — The Transformational Tools and Technologies (TTT) Project advances state-of-the-art computational and experimental tools and technologies that are vital to aviation...

  19. [Health impact assessment of building and investment projects].

    Science.gov (United States)

    Thriene, B

    2003-02-01

    For regional planning and approval procedures for building projects of a certain order of magnitude and power rating according to the German Federal Act on the Prevention of Emissions with Integrated Environmental Impact Assessment (EIA), the German public health departments, acting as public authorities, increasingly perform health impact assessments (HIA). The amended Act on Environmental Impact Assessment, the Decree on industrial plants which require approval (4th Federal Decree on Emission Prevention) and the Health Service Acts of the Federal States of Germany form the legal basis for the assessment of health issues with regard to approval procedures for building and investment projects. In the framework of the "Action Programme for the Environment and Health", the present article aims at making this process binding and to ensure responsibility and general involvement of the Public Health departments in all German Federal States. Future criteria, basic principles and procedures for single-case testing as well as assessment standards should meet these requirements. The Federal Ministry for the Environment and the Federal Ministry for Health should agree on Health Impact Assessment (HIA ) as well as on the relaxant stipulations in their procedures and general administrative regulations for implementing the Environmental Impact Assessment Act (EIA). Current EIA procedures focus on urban development and road construction, industrial investment projects, intensive animal husbandry plants, waste incineration plants, and wind energy farms. This paper illustrates examples meeting with varying degrees of public acceptance. However, being involved in the regional planning procedure for the project "Extension of the federal motorway A 14 from Magdeburg to Schwerin", the Public Health Service also shares global responsibility for health and climate protection. Demands for shortest routing conflict with objectives of environmental protection which should be given long

  20. Advanced Technology Program: investing in new ideas, new technologies, and new markets

    Science.gov (United States)

    Hewes, John D.

    2001-04-01

    The Advanced Technology Program (ATP), an agency within the U.S. Department of Commerce's Technology Administration and the National Institute of Standards and Technology, provides co-funding to industry for high-risk/high-payoff applied research. Companies of any size may apply, and universities or governmental research institutions may partner with industry in ATP projects. Since its inception, the ATP has participated in 468 projects, representing 3B of total industry/government investment. U.S. industry has indicated that ATP has a significant role to play in the area of high throughput R&D. ATP can catalyze the development of lower-cost hardware and software tools to bring leading-edge, generic technologies to more industries, and can facilitate the integration of hardware and software systems. The ATP is currently funding research projects in high throughput discovery of catalysts and polymer coatings, with FY199 project requests of 36.1M over five years. In addition to extramural funding, the ATP has internal funding of the NIST Measurement and Standards Laboratories (MSL). The MSL opportunity in high throughput screening is to develop measurement science to support new parallel methodologies and measurement tools tailored to specific industrial needs; to validate new and existing measurement methods and models using parallel or high throughput approaches; and to demonstrate application of HT methods to new materials and R&D problems; and to develop new standards addressing systems integration issues. The ATP is co-funding research at the NIST MSL in key areas.

  1. Technology transfers, foreign investment and productivity spillovers: evidence from Vietnam

    DEFF Research Database (Denmark)

    Newman, Carol; Rand, John; Talbot, Theodore Purdendu

    FDI through vertical linkages along the supply chain. Our results suggest that domestic firms experience more productivity spillovers through forward linkages from foreign-input suppliers to domestic input users than through backward linkages from foreign customers to domestic producers of inputs....... Productivity externalities from upstream sectors are associated with joint venture foreign investors while downstream sectors experience direct technology transfers from upstream wholly foreign owned investors. Spillovers from FDI through backward linkages are also detected but only when competition from...... imported intermediates is controlled for and are associated with innovations and technology investments made by firms....

  2. Technology Investment Agendas to Expand Human Space Futures

    Science.gov (United States)

    Sherwood, Brent

    2012-01-01

    The paper develops four alternative core-technology advancement specifications, one for each of the four strategic goal options for government investment in human space flight. Already discussed in the literature, these are: Explore Mars; Settle the Moon; accelerate commercial development of Space Passenger Travel; and enable industrial scale-up of Space Solar Power for Earth. In the case of the Explore Mars goal, the paper starts with the contemporary NASA accounting of ?55 Mars-enabling technologies. The analysis decomposes that technology agenda into technologies applicable only to the Explore Mars goal, versus those applicable more broadly to the other three options. Salient technology needs of all four options are then elaborated to a comparable level of detail. The comparison differentiates how technologies or major developments that may seem the same at the level of budget lines or headlines (e.g., heavy-lift Earth launch) would in fact diverge widely if developed in the service of one or another of the HSF goals. The paper concludes that the explicit choice of human space flight goal matters greatly; an expensive portfolio of challenging technologies would not only enable a particular option, it would foreclose the others. Technologies essential to enable human exploration of Mars cannot prepare interchangeably for alternative futures; they would not allow us to choose later to Settle the Moon, unleash robust growth of Space Passenger Travel industries, or help the transition to a post-petroleum future with Space Solar Power for Earth. The paper concludes that a decades-long decision in the U.S.--whether made consciously or by default--to focus technology investment toward achieving human exploration of Mars someday would effectively preclude the alternative goals in our lifetime.

  3. Technology Education Professional Enhancement Project

    Science.gov (United States)

    Hughes, Thomas A., Jr.

    1996-01-01

    The two goals of this project are: the use of integrative field of aerospace technology to enhance the content and instruction delivered by math, science, and technology teachers through the development of a new publication entitled NASA Technology Today, and to develop a rationale and structure for the study of technology, which establishes the foundation for developing technology education standards and programs of the future.

  4. AN APPROACH TO THE QUALITY IMPROVEMENT OF A MASSIVE INVESTMENT PROJECT BY INTEGRATING ICT AND QMS

    Directory of Open Access Journals (Sweden)

    Tamara Gvozdenovic

    2007-12-01

    Full Text Available This work has presented an approach to the quality improvement of an investment project by the change in the concept of project management. Building time of the investment project is a complex factor which needs a special attention. It is well known that the PERT method has been applied with long-lasting investment projects, where a big time distance brings about significant uncertainty of future situations. Microsoft Project 2002 and Matlab: Neural Network Toolbox are the software tools used for solving the problem of investment project management.

  5. Manipulating the discount rate when valuing international investment projects

    Directory of Open Access Journals (Sweden)

    A. A. Medved

    2017-01-01

    Full Text Available The article deals with the practice of evaluation of international investment projects using the cash flow discounting rate. The problem of the discount rate manipulating is connected with the category “country risk”, which often determines the impact on the rate and, accordingly, the investment decisions. Critically examines existing approaches to the definition of “country risk”. Categories that make up a complete picture of “country risk” are distinguished. The general defect of existing country risk concepts is revealed – the fact that the measurements are based on rather subjective assessments and do not have sufficient empirical evidence, the fact that almost all of them have a clear liberal democratic bias: as a rule, drawing attention to the relationship between the political system and stability, the liberal democratic structure of society is recognized as the most stable, without any acceptable scientific evidence, followed by autocracy, military dictatorships and new independent states. The author affirms the lack of a clear and unambiguous definition of this category, the controversial approach to ranking of countries. The author analyzes and proves the bias of rating assigned by foreign companies. As a conclusion the need to create a national research concept of the “country risk” category is аffirms with the subsequent promotion of national rating agencies to the world market. The author's conception of the category “country risk” is proposed, an author's definition is given to this notion, it is recommended to establish the primacy of national ratings over foreign ones both in domestic and international relations in order to have independent influence on international capital flows. It is also proposed the evaluation of projects based on the dynamic discounting rates, especially for long-term strategic projects.

  6. ACCOUNTING INFORMATION – A BASIS FOR ACHIEVING THE DECISION FOR THE REALIZATION OF PUBLIC INVESTMENT PROJECT

    Directory of Open Access Journals (Sweden)

    2012-12-01

    Full Text Available Accounting information plays a key role in the foundation process of public sector decisions. Financing budget deficits, treasury risk identification (availability risk, formation of tax claims, foundation of financial sustainability for public investment projects are just some examples of using accounting information in decision-making process of credit accountant. How can we use and process accounting information in the foundation of public investment projects? We will try to answer this question in the content of this paper. The revenues and expenses, as accounting information, are necessary for determining the actual financial net value and/or the actual economic net value. These indicators have decisive information power in accepting and / or rejecting public investment projects. In the current economic context, the importance of investments is major for at least three reasons: the first one is a highly circulated reason in the last 20 years: the increase of technology, the alignment of the technology used in the alignment of competitors from the European market and even worldwide; the second reason is linked to the support of economic growth in crisis conditions through a policy of major investments especially in the infrastructure sector; the third reason, which derives from the second one, is that of post-accession grant funds available for investment both in private and public sectors. The importance given to public investments is also revealed by the authorities' approach to establishing key areas of interventions under grant programs (with programs designed to both public and private environment designed exclusively to carry out public investment programs (for example the POS Transport. In this context, the present research is intended to be a documentary of the role that accounting information plays in decision-making process that precedes the development of an investment, especially as most major investments are made in the public

  7. Managing Technology Projects

    Science.gov (United States)

    Booth, Char

    2009-01-01

    This will be my first time authoring this column, and I'm delighted to have the opportunity it presents to explore the intersection of library technology and public services. As the recent title of the 2008 Internet Librarian conference indicates, "Beyond Library 2.0: User-Focused Tools and Technologies," the tide of what for several years has…

  8. Influence Diagram Use With Respect to Technology Planning and Investment

    Science.gov (United States)

    Levack, Daniel J. H.; DeHoff, Bryan; Rhodes, Russel E.

    2009-01-01

    Influence diagrams are relatively simple, but powerful, tools for assessing the impact of choices or resource allocations on goals or requirements. They are very general and can be used on a wide range of problems. They can be used for any problem that has defined goals, a set of factors that influence the goals or the other factors, and a set of inputs. Influence diagrams show the relationship among a set of results and the attributes that influence them and the inputs that influence the attributes. If the results are goals or requirements of a program, then the influence diagram can be used to examine how the requirements are affected by changes to technology investment. This paper uses an example to show how to construct and interpret influence diagrams, how to assign weights to the inputs and attributes, how to assign weights to the transfer functions (influences), and how to calculate the resulting influences of the inputs on the results. A study is also presented as an example of how using influence diagrams can help in technology planning and investment. The Space Propulsion Synergy Team (SPST) used this technique to examine the impact of R&D spending on the Life Cycle Cost (LCC) of a space transportation system. The question addressed was the effect on the recurring and the non-recurring portions of LCC of the proportion of R&D resources spent to impact technology objectives versus the proportion spent to impact operational dependability objectives. The goals, attributes, and the inputs were established. All of the linkages (influences) were determined. The weighting of each of the attributes and each of the linkages was determined. Finally the inputs were varied and the impacts on the LCC determined and are presented. The paper discusses how each of these was accomplished both for credibility and as an example for future studies using influence diagrams for technology planning and investment planning.

  9. Comparative analysis of methodical approaches to evaluating the efficiency of investment projects in the power industry

    International Nuclear Information System (INIS)

    Tolstooukhov, D.A.; Karkhov, A.N.

    2001-01-01

    At present time, a transition is made to market mechanisms of economy functioning based on equilibrium price formation for products of enterprises and their self-financing. Based on long-term forecasts of economic development, electric power industry should not only ensure preservation of the accumulated potential but should also provide for modernization, reconstruction, service life extension of operating power facilities and construction of new ones. Under market conditions, nuclear power installations will have to prove their right to exist and develop in competition with other power technologies. In these conditions, the responsibility is growing for the correctness of investment decisions taken in the power industry and methods on which they are based. This paper analyzes currently used calculation methods for economic efficiency of investment projects. It emphasizes the limitations and drawbacks of the existing methodical approaches, and their inconsistency with market economy and scientific and technological progress (STP). The said drawbacks lead to serious mistakes in evaluating the prospects for the development of nuclear power. The paper describes a methodical approach based on equilibrium price formation that does not have the said drawbacks and may be used as the basis for further work on creation of improved calculation methods for the economic efficiency of investment projects in nuclear power. (authors)

  10. Reform of investment policy in the function of sustainable development with special emphasis on investment in information technologies

    Directory of Open Access Journals (Sweden)

    Dragičević-Radičević Tatjana

    2017-01-01

    Full Text Available Global economy still records a decline in FDI. The main causes are increased economic instability and geopolitical risks. Given the continued negative trend, it is clear that it is necessary to reform the investment policies at the national, regional, bilateral, multilateral and international level, to ensure sustainable economic development. Key elements of the reforms are: to provide instruments to reduce risks, create mechanisms of responsible investment, improve the structural coherence and promote regional investments. Refer to the current dates of the sectors investments (according to the report of UNCTAD from 2015th shows that the services sector recorded double growth compared to the investment in the manufacturing sector in 2012. Also, if we take into consideration the fact that investment in IT sector investment involves three aspects: transactional (minimizing costs, strategic (innovation technologies, achieving competitiveness and information (improving access to information and communications, it may be assumed that the reforms in the investment policies should be directly correlated with investments in information technology.

  11. The Revolutionary Vertical Lift Technology (RVLT) Project

    Science.gov (United States)

    Yamauchi, Gloria K.

    2018-01-01

    The Revolutionary Vertical Lift Technology (RVLT) Project is one of six projects in the Advanced Air Vehicles Program (AAVP) of the NASA Aeronautics Research Mission Directorate. The overarching goal of the RVLT Project is to develop and validate tools, technologies, and concepts to overcome key barriers for vertical lift vehicles. The project vision is to enable the next generation of vertical lift vehicles with aggressive goals for efficiency, noise, and emissions, to expand current capabilities and develop new commercial markets. The RVLT Project invests in technologies that support conventional, non-conventional, and emerging vertical-lift aircraft in the very light to heavy vehicle classes. Research areas include acoustic, aeromechanics, drive systems, engines, icing, hybrid-electric systems, impact dynamics, experimental techniques, computational methods, and conceptual design. The project research is executed at NASA Ames, Glenn, and Langley Research Centers; the research extensively leverages partnerships with the US Army, the Federal Aviation Administration, industry, and academia. The primary facilities used by the project for testing of vertical-lift technologies include the 14- by 22-Ft Wind Tunnel, Icing Research Tunnel, National Full-Scale Aerodynamics Complex, 7- by 10-Ft Wind Tunnel, Rotor Test Cell, Landing and Impact Research facility, Compressor Test Facility, Drive System Test Facilities, Transonic Turbine Blade Cascade Facility, Vertical Motion Simulator, Mobile Acoustic Facility, Exterior Effects Synthesis and Simulation Lab, and the NASA Advanced Supercomputing Complex. To learn more about the RVLT Project, please stop by booth #1004 or visit their website at https://www.nasa.gov/aeroresearch/programs/aavp/rvlt.

  12. [Earth Science Technology Office's Computational Technologies Project

    Science.gov (United States)

    Fischer, James (Technical Monitor); Merkey, Phillip

    2005-01-01

    This grant supported the effort to characterize the problem domain of the Earth Science Technology Office's Computational Technologies Project, to engage the Beowulf Cluster Computing Community as well as the High Performance Computing Research Community so that we can predict the applicability of said technologies to the scientific community represented by the CT project and formulate long term strategies to provide the computational resources necessary to attain the anticipated scientific objectives of the CT project. Specifically, the goal of the evaluation effort is to use the information gathered over the course of the Round-3 investigations to quantify the trends in scientific expectations, the algorithmic requirements and capabilities of high-performance computers to satisfy this anticipated need.

  13. Advanced Information Technology Investments at the NASA Earth Science Technology Office

    Science.gov (United States)

    Clune, T.; Seablom, M. S.; Moe, K.

    2012-12-01

    The NASA Earth Science Technology Office (ESTO) regularly makes investments for nurturing advanced concepts in information technology to enable rapid, low-cost acquisition, processing and visualization of Earth science data in support of future NASA missions and climate change research. In 2012, the National Research Council published a mid-term assessment of the 2007 decadal survey for future spacemissions supporting Earth science and applications [1]. The report stated, "Earth sciences have advanced significantly because of existing observational capabilities and the fruit of past investments, along with advances in data and information systems, computer science, and enabling technologies." The report found that NASA had responded favorably and aggressively to the decadal survey and noted the role of the recent ESTO solicitation for information systems technologies that partnered with the NASA Applied Sciences Program to support the transition into operations. NASA's future missions are key stakeholders for the ESTO technology investments. Also driving these investments is the need for the Agency to properly address questions regarding the prediction, adaptation, and eventual mitigation of climate change. The Earth Science Division has championed interdisciplinary research, recognizing that the Earth must be studied as a complete system in order toaddress key science questions [2]. Information technology investments in the low-mid technology readiness level (TRL) range play a key role in meeting these challenges. ESTO's Advanced Information Systems Technology (AIST) program invests in higher risk / higher reward technologies that solve the most challenging problems of the information processing chain. This includes the space segment, where the information pipeline begins, to the end user, where knowledge is ultimatelyadvanced. The objectives of the program are to reduce the risk, cost, size, and development time of Earth Science space-based and ground

  14. Additive Manufacturing Technology Development Project

    Data.gov (United States)

    National Aeronautics and Space Administration — The 3D Printing In Zero-G (3D Print) technology demonstration project is a proof-of-concept test designed to assess the properties of melt deposition modeling...

  15. Investments

    CERN Document Server

    Bodie, Zvi; Marcus, Alan J.

    2017-01-01

    The integrated solutions for Bodie, Kane, and Marcus' Investments set the standard for graduate/MBA investments textbooks. The unifying theme is that security markets are nearly efficient, meaning that most securities are priced appropriately given their risk and return attributes. The content places greater emphasis on asset allocation and offers a much broader and deeper treatment of futures, options, and other derivative security markets than most investment texts. Connect is the only integrated learning system that empowers students by continuously adapting to deliver precisely what they need, when they need it, and how they need it, so that your class time is more engaging and effective.

  16. Investments

    CERN Document Server

    Bodie, Zvi

    2013-01-01

    The integrated solutions for Bodie, Kane, and Marcus' Investments set the standard for graduate/MBA investments textbooks. The unifying theme is that security markets are nearly efficient, meaning that most securities are priced appropriately given their risk and return attributes. The content places greater emphasis on asset allocation and offers a much broader and deeper treatment of futures, options, and other derivative security markets than most investment texts. McGraw-Hill's adaptive learning component, LearnSmart, provides assignable modules that help students master chapter core concepts and come to class more prepared. Bodie Investments' blend of practical and theoretical coverage combines with a complete digital solution to help your students achieve higher outcomes in the course

  17. HOSPITAL MANAGERS' NEED FOR INFORMATION ON HEALTH TECHNOLOGY INVESTMENTS

    DEFF Research Database (Denmark)

    Ølholm, Anne Mette; Kidholm, Kristian; Birk-Olsen, Mette

    2015-01-01

    OBJECTIVES: There is growing interest in implementing hospital-based health technology assessment (HB-HTA) as a tool to facilitate decision making based on a systematic and multidisciplinary assessment of evidence. However, the decision-making process, including the informational needs of hospital...... decision makers, is not well described. The objective was to review empirical studies analysing the information that hospital decision makers need when deciding about health technology (HT) investments. METHODS: A systematic review of empirical studies published in English or Danish from 2000 to 2012...... was carried out. The literature was assessed by two reviewers working independently. The identified informational needs were assessed with regard to their agreement with the nine domains of EUnetHTA's Core Model. RESULTS: A total of 2,689 articles were identified and assessed. The review process resulted...

  18. Photonics: Technology project summary

    Science.gov (United States)

    Depaula, Ramon P.

    1991-01-01

    Photonics involves the use of light (photons) in conjunction with electronics for applications in communications, computing, control, and sensing. Components used in photonic systems include lasers, optical detectors, optical wave guide devices, fiber optics, and traditional electronic devices. The goal of this program is to develop hybrid optoelectronic devices and systems for sensing, information processing, communications, and control. It is hoped that these new devices will yield at least an order of magnitude improvement in performance over existing technology. The objective of the program is to conduct research and development in the following areas: (1) materials and devices; (2) networking and computing; (3) optical processing/advanced pattern recognition; and (4) sensing.

  19. Influence of Selected Stakeholders of Construction Investment Projects on the Course of Project

    Science.gov (United States)

    Bizon-Górecka, Jadwiga; Górecki, Jarosław

    2017-10-01

    The article presents an entity perspective of the construction investment projects. In a course of the project there are stakeholders who have an indirect influence (e.g. decision-makers in the selection of projects) or a direct influence (e.g. members of the project team). An intuitive opinion about a significant influence of project stakeholders on the project’s course encouraged the authors to undertake a research in this area. The article illustrates the initial phases of the construction project life cycle in a perspective of the entities and, in particular, a role of different stakeholders in making decisions that affect a course of the project. An analysis of the structure of the construction project life cycle makes a substantial involvement of various subjects in the initial phases of the project, i.e. in an initial phase and during a creation of the structures. A key point is to underline the factors of decision-making by the participants of the construction process. It was indicated that the stakeholders have a different impact on the course of the project. In large projects, which have many stakeholders, their role in the implementation of the investment project can vary, depending on the life cycle of the project. They can have positive or negative impacts on achieving the project objectives. The paper presents the results of 100 surveys made among participants of the building processes, executors of the construction projects in the Kuyavian-Pomeranian region. The study was conducted in December 2016 and January 2017. It revealed what is the impact of individual stakeholders of the construction projects on the course of the project. A special attention was paid to a complex relationship between objectives of the project and stakeholders’ goals. A great care to the smallest possible number of risks, which may arise from the different objectives of the project and its stakeholders’ goals, should be focused on the augmentation of correlation of

  20. Transportation Energy Futures Series. Vehicle Technology Deployment Pathways. An Examination of Timing and Investment Constraints

    Energy Technology Data Exchange (ETDEWEB)

    Plotkin, Steve [Argonne National Lab. (ANL), Argonne, IL (United States); Stephens, Thomas [Argonne National Lab. (ANL), Argonne, IL (United States); McManus, Walter [Oakland Univ., Rochester, MI (United States)

    2013-03-01

    Scenarios of new vehicle technology deployment serve various purposes; some will seek to establish plausibility. This report proposes two reality checks for scenarios: (1) implications of manufacturing constraints on timing of vehicle deployment and (2) investment decisions required to bring new vehicle technologies to market. An estimated timeline of 12 to more than 22 years from initial market introduction to saturation is supported by historical examples and based on the product development process. Researchers also consider the series of investment decisions to develop and build the vehicles and their associated fueling infrastructure. A proposed decision tree analysis structure could be used to systematically examine investors' decisions and the potential outcomes, including consideration of cash flow and return on investment. This method requires data or assumptions about capital cost, variable cost, revenue, timing, and probability of success/failure, and would result in a detailed consideration of the value proposition of large investments and long lead times. This is one of a series of reports produced as a result of the Transportation Energy Futures (TEF) project, a Department of Energy-sponsored multi-agency effort to pinpoint underexplored strategies for abating GHGs and reducing petroleum dependence related to transportation.

  1. Transportation Energy Futures Series: Vehicle Technology Deployment Pathways: An Examination of Timing and Investment Constraints

    Energy Technology Data Exchange (ETDEWEB)

    Plotkin, S.; Stephens, T.; McManus, W.

    2013-03-01

    Scenarios of new vehicle technology deployment serve various purposes; some will seek to establish plausibility. This report proposes two reality checks for scenarios: (1) implications of manufacturing constraints on timing of vehicle deployment and (2) investment decisions required to bring new vehicle technologies to market. An estimated timeline of 12 to more than 22 years from initial market introduction to saturation is supported by historical examples and based on the product development process. Researchers also consider the series of investment decisions to develop and build the vehicles and their associated fueling infrastructure. A proposed decision tree analysis structure could be used to systematically examine investors' decisions and the potential outcomes, including consideration of cash flow and return on investment. This method requires data or assumptions about capital cost, variable cost, revenue, timing, and probability of success/failure, and would result in a detailed consideration of the value proposition of large investments and long lead times. This is one of a series of reports produced as a result of the Transportation Energy Futures (TEF) project, a Department of Energy-sponsored multi-agency effort to pinpoint underexplored strategies for abating GHGs and reducing petroleum dependence related to transportation.

  2. Liquidity, Technological Opportunities, and the Stage Distribution of Venture Capital Investments.

    Science.gov (United States)

    Lahr, Henry; Mina, Andrea

    2014-06-01

    This paper explores the determinants of the stage distribution of European venture capital investments from 1990 to 2011. Consistent with liquidity risk theory, we find that the likelihood of investing in earlier stages increases relative to all private equity investments during liquidity crisis years. While liquidity is the main driver of acquisition investments and, to some extent, of expansion financings, technological opportunities are overall the main driver of early and late stage venture capital investments. In contrast to the dotcom crash, the recent financial crisis negatively affected the relative likelihood of expansion investments, but not of early and late stage investments.

  3. Liquidity, Technological Opportunities, and the Stage Distribution of Venture Capital Investments

    Science.gov (United States)

    Lahr, Henry; Mina, Andrea

    2014-01-01

    This paper explores the determinants of the stage distribution of European venture capital investments from 1990 to 2011. Consistent with liquidity risk theory, we find that the likelihood of investing in earlier stages increases relative to all private equity investments during liquidity crisis years. While liquidity is the main driver of acquisition investments and, to some extent, of expansion financings, technological opportunities are overall the main driver of early and late stage venture capital investments. In contrast to the dotcom crash, the recent financial crisis negatively affected the relative likelihood of expansion investments, but not of early and late stage investments. PMID:26166906

  4. Investment appraisal for small CHP technology in biomass-fuel power plant

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1999-07-01

    The paper is essentially an investment appraisal for small CHP (combined heat and power) technology in biomass-fuel power plant and discusses and presents data on the combustion/steam cycle technologies to demonstrate the economic viability of CHP projects using established market costs for technology and employing energy crops as biomass fuel. The data is based on the UK, where electricity prices are low, but the overseas market (where prices are higher and there is potential for UK exports) is also discussed. The report aims to synthesise up-to-date technical and economic information on biomass-fuel CHP projects of small scale and focuses on technical and financial information on equipment, capital, construction and operating costs, and revenue streams.

  5. Encouraging private sector investment in climatefriendly technologies in developing countries. An assessment of policy options for the Dutch government

    International Nuclear Information System (INIS)

    Van Rooijen, S.N.M.; Van Wees, M.T.

    2006-10-01

    This study aims to explore new or reformed policies to be adopted by the Dutch government to encourage private sector investments in climate-friendly technologies in developing countries. A literature review of barriers to climate-friendly investments and of directions for solutions has been complemented with a number of in-depth interviews with stakeholders representing the major actors involved in investment projects (project sponsors, financing institutions, institutional investors and government). The barrier analysis has resulted in the following list of key obstacles to climate-friendly investments: (1) Lack of a sound, transparent and stable enabling environment for investing in developing countries; (2) Shortage of experienced and creditworthy sponsors; (3) High specific project risks; (4) Overestimation investment risks related to (sustainable) investments in developing countries in general (risk perspective); (5) Additional costs of climate-friendly technologies; (6) Shortage of risk capital; (7) Insufficient guarantee mechanisms; (8) Lack of know-how on public-private partnership structures and on financial design; and (9) Lack of insight how corporate social responsibility can be operationalised. Four main gaps have been identified on the basis of an assessment of current Dutch policies and instruments: (1) Shortage of instruments to directly promote investments; (2) Underdeveloped guarantee instruments; (3) Too restrictive cap on project size in financial schemes; (4) Lack of support in operationalising the concept of corporate social responsibility. Four areas for new or intensified policies have been identified based on the barrier and gap analysis: (1) Direct promotion of (potentially large scale) investments, including: (a) Supporting (the establishment of) sponsor companies developing sustainable energy projects in developing countries; (b) Making risk capital available; (c) Creating investment credit facilities; (d) Making development capital in

  6. Exploring the Relationship between Authentic Leadership and Project Outcomes and Job Satisfaction with Information Technology Professionals

    Science.gov (United States)

    Fischer, Mark A.

    2014-01-01

    One of the most important issues for organizations and information technology (IT) professionals is measuring the success or failure of information technology projects. How we understand the value and usefulness of IT projects is critical to how information technology executives evaluate and decide on technology investments. In a 2009 CHAOS…

  7. India-Africa: trade, investments and humanitarian projects

    Directory of Open Access Journals (Sweden)

    Alim Vidadievich Suleymanov

    2016-12-01

    Full Text Available Active growth of trade volume between India and Africa which has increased in twenty times since the beginning of the twenty-first century or in seventy times since 1991, certainly actualized a question of features of the modern Indo-African relations. In this regard the purpose of article is consideration of features of policy of India to the African countries. The author does the short historical review of the Indo-African relations, and considers key spheres of realization of modern regional strategy of India on the African continent - humanitarian projects, foreign trade and investments. The main methods of research are the comparative-historical approach and the statistical analysis, being used for identification of positive or negative dynamics of development of the Indo-African cooperation. Now the African region takes strategic significance for India. Rapid economic development of the African countries and increase in a standard of living of the population turn the continent into a perspective sales market of the Indian goods and services. Besides, India actively develops humanitarian projects and renders the financial help to many African countries. However, India faces set of problems and factors - geographical remoteness, the discrimination and racism, instability of political systems of many African countries and the African policy of China. The active economic policy of China on the African continent has compelled India to develop cooperation with the countries of Africa more actively. In recent years India also as well as China tries to make active and modernize the economic and humanitarian policy in Africa. Struggle for commodity markets of the goods and services in Africa makes Africa by strategic region not only in the Indo-Chinese relations, but in foreign policy of India as a whole.

  8. Department of Energy Recovery Act Investment in Biomass Technologies

    Energy Technology Data Exchange (ETDEWEB)

    None

    2010-11-01

    The American Recovery and Reinvestment Act of 2009 (Recovery Act) provided more than $36 billion to the Department of Energy (DOE) to accelerate work on existing projects, undertake new and transformative research, and deploy clean energy technologies across the nation. Of this funding, $1029 million is supporting innovative work to advance biomass research, development, demonstration, and deployment.

  9. HOSPITAL MANAGERS' NEED FOR INFORMATION ON HEALTH TECHNOLOGY INVESTMENTS.

    Science.gov (United States)

    Ølholm, Anne Mette; Kidholm, Kristian; Birk-Olsen, Mette; Christensen, Janne Buck

    2015-01-01

    There is growing interest in implementing hospital-based health technology assessment (HB-HTA) as a tool to facilitate decision making based on a systematic and multidisciplinary assessment of evidence. However, the decision-making process, including the informational needs of hospital decision makers, is not well described. The objective was to review empirical studies analysing the information that hospital decision makers need when deciding about health technology (HT) investments. A systematic review of empirical studies published in English or Danish from 2000 to 2012 was carried out. The literature was assessed by two reviewers working independently. The identified informational needs were assessed with regard to their agreement with the nine domains of EUnetHTA's Core Model. A total of 2,689 articles were identified and assessed. The review process resulted in 14 relevant studies containing 74 types of information that hospital decision makers found relevant. In addition to information covered by the Core Model, other types of information dealing with political and strategic aspects were identified. The most frequently mentioned types of information in the literature related to clinical, economic and political/strategic aspects. Legal, social, and ethical aspects were seldom considered most important. Hospital decision makers are able to describe their information needs when deciding on HT investments. The different types of information were not of equal importance to hospital decision makers, however, and full agreement between EUnetHTA's Core Model and the hospital decision-makers' informational needs was not observed. They also need information on political and strategic aspects not covered by the Core Model.

  10. Simulation-based valuation of project finance investments. Crucial aspects of power plant projects

    Energy Technology Data Exchange (ETDEWEB)

    Pietz, Matthaeus

    2010-12-15

    The liberalization of electricity markets transformed a regulated and stable market to a market with former unknown price volatility. This results in a high uncertainty which is mainly due to the, from an economic point of view, lack of storability of the commodity electricity. Thus investments in power plants are highly risky. This dissertation analyzes crucial aspects within the valuation of a power plant financed via project finance, a popular financing method for projects with high capital requirements. Starting with the development of a valuation model based on stochastic modelling of the future cash flows the focus of the analysis is on the impact of model complexity and electricity prices. (orig.)

  11. R&D Investment in New Technology-Based Firms: Strategic and Entrepreneurial Dynamics and the Impact of Universities

    Science.gov (United States)

    Lynskey, Michael J.

    2016-01-01

    This article examines how two core factors--strategic and entrepreneurial dynamics--influence research and development (R&D) investment in new technology-based firms (NTBFs) using data from a questionnaire survey conducted in Japan. Among the strategic dynamics, it is found that joint R&D projects with universities have a positive,…

  12. Information Technology Investment Strategy Planning: Balance Scorecard Approach

    OpenAIRE

    Hendarti, Henny; Kurniawan, Iwan

    2011-01-01

    Purpose of this research are to prepare the IT investment strategy using Balanced Scorecard approach in the company where the appropriate planning of this IT investment strategy can maximize the competitive benefit in the company, and it also to recommended a strategy of IT investment that can be implemented and measure the rate of return from the IT investment in the company. Research Method used book studies, field studies, and analysis system. Book studies from the books and journal. Field...

  13. A proposed project risk management framework in the information technology environment / Herbert James van Antwerp

    OpenAIRE

    Van Antwerp, Herbert James

    2010-01-01

    Information Technology (IT) projects that resulted from the accelerated technological pace of change, will enable a path of growth and long term return on investment (ROI) for organisations. However, embarking on such large scale investments leave little opportunity to turn back, and sound project management principles will be required to effectively manage unforeseen issues during the project life cycle, and if these fail, the organisations will be constantly functioning in cr...

  14. SYSTEM PRINCIPLES OF THE SOCIALLY RESPONSIBLE INVESTING OF POWER PROJECTS OF UKRAINE

    Directory of Open Access Journals (Sweden)

    O. Chernyak

    2014-06-01

    Full Text Available The new direction of modern investment projects was researched – socially responsible investing. We consider the system principles of social investment, including the selection of the best options for risk analysis, assessment and minimization. The methods of estimation of social projects in the energy sector of Ukraine for every type of risk were examined. The expert estimation of three power projects was analysed. The regressive model of estimation of competence of every expert was built and the type of projects according to environmental and social principles of analysis has been established.

  15. The economics of project analysis: Optimal investment criteria and methods of study

    Science.gov (United States)

    Scriven, M. C.

    1979-01-01

    Insight is provided toward the development of an optimal program for investment analysis of project proposals offering commercial potential and its components. This involves a critique of economic investment criteria viewed in relation to requirements of engineering economy analysis. An outline for a systems approach to project analysis is given Application of the Leontief input-output methodology to analysis of projects involving multiple processes and products is investigated. Effective application of elements of neoclassical economic theory to investment analysis of project components is demonstrated. Patterns of both static and dynamic activity levels are incorporated.

  16. Canadian fusion fuels technology project

    International Nuclear Information System (INIS)

    1986-01-01

    The Canadian Fusion Fuels Technology Project was launched in 1982 to coordinate Canada's provision of fusion fuels technology to international fusion power development programs. The project has a mandate to extend and adapt existing Canadian tritium technologies for use in international fusion power development programs. 1985-86 represents the fourth year of the first five-year term of the Canadian Fusion Fuels Technology Project (CFFTP). This reporting period coincides with an increasing trend in global fusion R and D to direct more effort towards the management of tritium. This has resulted in an increased linking of CFFTP activities and objectives with those of facilities abroad. In this way there has been a continuing achievement resulting from CFFTP efforts to have cooperative R and D and service activities with organizations abroad. All of this is aided by the cooperative international atmosphere within the fusion community. This report summarizes our past year and provides some highlights of the upcoming year 1986/87, which is the final year of the first five-year phase of the program. AECL (representing the Federal Government), the Ministry of Energy (representing Ontario) and Ontario Hydro, have given formal indication of their intent to continue with a second five-year program. Plans for the second phase will continue to emphasize tritium technology and remote handling

  17. Dynamic modeling of uncertainty in the planned values of investments in petrochemical and refining projects

    International Nuclear Information System (INIS)

    Vianello, Juliano Melquiades; Costa, Leticia; Teixeira, José Paulo

    2014-01-01

    There is a large gap between the planned value of investment in a project and its financial implementation. This fact creates a mismatch between the planned and effectively achieved net present value (NPV) of the project. Considering the project portfolio of a company, this could even threaten your solvency in the future. Therefore, a quantitative-risk analysis that takes into account different possible scenarios for these values of investment is extremely important to measure statistically the real value of a project. The aim of this paper is to present the reasons for this mismatch between planned and executed investments and, from this study, obtain a suitable stochastic process to generate different scenarios for these investments in the oil industry. Although the results are valid for projects in the petrochemical and refining sector, also called in the oil industry as downstream, the methodology can be applied to the upstream or even other branches of industry. - Highlights: • We measure statistically the real value of an investment project. • We present the reasons for the mismatch between planned and executed investments. • We obtain a stochastic process to generate scenarios for oil industry investments. • Results are valid for projects in the petrochemical and refining sector, downstream. • The methodology can be applied to the upstream or even other branches of industry

  18. Technology Spillover from Foreign Direct Investment in Turkey

    Directory of Open Access Journals (Sweden)

    Özcan Karahan

    2016-12-01

    quarterly data for the period of 2002 and 2015 in Turkey. Thus we try to examine whether technological diffusion generated by FDI inflows to Turkey enhances the innovative capability of the country or not. Design/methodology/approach – The variables Foreign Direct Investment (FDI and Gross Domestic Product (GDP are sourced from Electronic Data Delivery System (EDDS in Central Bank of the Republic of Turkey. FDI series consist of values called "Net Incurrence of Liabilities" in Balance of Payments Analytical Presentation while GDP series gather from the expenditure based GDP data in EDDS. Both Johansen Cointegration Test and Granger Causality Test are applied to examine between Foreign Direct Investment flows and economic growth in Turkey. Findings – Results reveal that there is not any significant link among the FDI and economic growth during the studied time period in Turkey. It seems that FDI inflows to Turkey is not complementary to economic growth, which shows that positive spillover effect sourced from FDI inflows to Turkey does not exist. Research limitations/implications – Policymakers should recognize that technology spillover effects of FDI do not occur without greater absorptive capacity. Attracting FDI is only one part of the story and thus not yield the desired benefits itself. Positive effects of FDI depends on the overall incentive and capacity structure of the host country. Then the key policy implication here is that policymakers should give same weight of policies aimed at attracting FDI versus those that seek to improve local economic conditions. Originality/value – This study insight the spillover effects of FDI based on Turkish experience that benefits from FDI do not occur automatically and effortlessly in developing countries.

  19. IMPROVING THE PROVISION OF STATE GUARANTEES UNDER CREDITS OR BONDED LOANS RAISED FOR INVESTMENT PROJECTS IMPLEMENTATION

    Directory of Open Access Journals (Sweden)

    Lola D. Sanginova

    2015-01-01

    Full Text Available Importance: Under current conditions, the Russian economy needs investment resources to ensure sustainable social and economic development. One of instruments of state-financing backing that can be used to support capital intensive, economically viable, financially and socially efficient investment projects that create "growing points" are state guarantees of theRussian Federation.Objective: The objective of this study is to identify possible ways to improve the requirements and procedures of providing state guarantees of theRussian Federationwhich contribute to the increase in the quantity and quality of investment projects of high social importance. Methods: Through the use of general scientific methods, analysis and synthesis, induction and deduction the possibility of creating a more attractive environment for principals is analyzed, measures to reduce the risk for public legal entities in providing state guarantees of theRussian Federationunder credits or bonded loans raised for investment projects implementation.Results: Principles of state guarantee support that ensure the interests of both the principals and the guarantor are defined. The basic directions for improving the mechanism how state guarantees of theRussian Federationsupport investment projects are justified. These directions include increasing availability of obtaining state guarantee support by lowering the cost of investment projects for which the state guarantees may be provided; reducing time of decision making on granting a state guarantee; increasing the creditors’ responsibility for a qualitative assessment of the creditworthiness of principals and investment projects; changing the methodology for assessing the social efficiency of investment projects; increasing the information transparency of provided state guarantees of the Russian Federation.Conclusions: The main result of this study is that under current conditions of economic turbulence state guarantees of the

  20. Project approach helps technology transfer

    International Nuclear Information System (INIS)

    Walcher, M.W.

    1982-01-01

    The placing of the contract by the National Power Corporation with Westinghouse for the Philippines nuclear power plant (PNPP-1) is described. Maximised use of Philippine contractors under Westinghouse supervision was provided for. Technology transfer is an important benefit of the contract arrangements, since National Power Corporation project management acquires considerable nuclear plant experience during plant construction through consultation with technical personnel. (U.K.)

  1. 2016 Decadal Update of the NASA ESTO Lidar Technologies Investment Strategy

    Science.gov (United States)

    Valinia, Azita; Tratt, David M.; Lotshaw, William T.; Gaab, Kevin M.; Komar, George J.; Rioux, Norman M.; Perez, Mario R.; Smith, Erin C.

    2016-01-01

    We describe the 2016 update of the NASA Earth Science Technology Office (ESTO) investment strategy in the area of lidar technologies as pertaining to NASAs Earth Science measurement goals in the next decade.

  2. A conceptual decision model for investment project appraisal and selection procedure

    NARCIS (Netherlands)

    Vajarothai, Pintip; Al-Jibouri, Saad H.S.; Halman, Johannes I.M.

    2015-01-01

    Organisations in public or private sector invest in projects to meet strategic objectives; to solve a problem, respond to specific needs or to realize investment opportunities. Governments, particularly in developing countries, face increasing demands of society for more and better services.

  3. THE DECISION OF INVESTING IN INFORMATION AND COMMUNICATION TECHNOLOGY IN SMALL AND MEDIUM ENTERPRISES

    Directory of Open Access Journals (Sweden)

    Javier García DÍEZ

    2016-08-01

    Full Text Available A diagnostic tool on the decision of investing in Information and Communication Technology (ICT in small and medium enterprises (SME suggested in Judith Redoli et al. (2008, showed its usefulness helping to understand how an enterprise uses ICT and ‘‘how’’ and ‘‘when’’ a company should incorporate new technological elements. The model was applied successfully in the assessment of 500 SME; as a result a technology deployment project was given to each enterprise in which a priority project was also defined. This short paper presents the second part of that study: a second assessment was made to those SME oriented to detect whether the enterprises on which the analysis was conducted did achieve the deployment of the technologies identified within six months, and the relationship between this fact and the existence of an associated grant. On the other hand, in this research the correlation between the priority project established in the first assessment and the one that was finally completed was demonstrated.

  4. Evaluation of the Impact of EISA Federal Project Investments

    Energy Technology Data Exchange (ETDEWEB)

    Judd, Kathleen S.; Wendel, Emily M.; Morris, Scott L.; Williamson, Jennifer L.; Halverson, Mark A.; Livingston, Olga V.; Loper, Susan A.

    2012-12-31

    The DOE's Federal Energy Management Program has been charged by Office of Management and Budget to conduct an evaluation on actual and verifiable energy savings and carbon emissions reductions from federal energy management investments made across the Federal government as a result of the Energy Independence and Security Act of 2007. This study presents the findings from that evaluation.

  5. THE MODELLING OF ORGANIZATIONAL STRUCTURES OF MANAGEMENT BY REALIZING INVESTMENT CONSTRUCTION PROJECTS

    Directory of Open Access Journals (Sweden)

    Олег Александрович КУЧМА

    2016-03-01

    Full Text Available The authors consider the modeling of organizational structures by virtue of interaction between the basic participants by realizing of investment construction projects. This process is directed at the complex analysis of a problem of quality management by creating of building goods taking into account modern project management tendencies. The topicality of problem is obvious as by realizing of investment construction projects there is a liberal share of uncompleted projects, and in the completed projects actual values considerably exceed budgeted capital expenditures. The introduced model allows managing the project per quality system in all phases of the investment construction project‘s life cycle. It promotes refinement of building goods, improves the rate of successfully completed projects with actual values near budgeted.

  6. Research Projects in Industrial Technology.

    Energy Technology Data Exchange (ETDEWEB)

    United States. Bonneville Power Administration. Industrial Technology Section.

    1990-06-01

    The purpose of this booklet is to briefly describe ongoing and completed projects being carried out by Bonneville Power Administration's (BPA) Industrial Technology Section. In the Pacific Northwest, the industrial sector is the largest of the four consuming sectors. It accounted for thirty-nine percent of the total firm demand in the region in 1987. It is not easy to asses the conservation potential in the industrial sector. Recognizing this, the Northwest Power Planning Council established an objective to gain information on the size, cost, and availability of the conservation resource in the industrial sector, as well as other sectors, in its 1986 Power Plan. Specifically, the Council recommended that BPA operate a research and development program in conjunction with industry to determine the potential costs and savings from efficiency improvements in industrial processes which apply to a wide array of industrial firms.'' The section, composed of multidisciplinary engineers, provides technical support to the Industrial Programs Branch by designing and carrying out research relating to energy conservation in the industrial sector. The projects contained in this booklet are arranged by sector --industrial, utility, and agricultural -- and, within each sector, chronologically from ongoing to completed, with those projects completed most recently falling first. For each project the following information is given: its objective approach, key findings, cost, and contact person. Completed projects also include the date of completion, a report title, and report number.

  7. Research on Investment Risk Management of Chinese Prefabricated Construction Projects Based on a System Dynamics Model

    Directory of Open Access Journals (Sweden)

    Ming Li

    2017-09-01

    Full Text Available Prefabricated construction, a new direction for the future development of the Chinese construction industry, can maximize the requirements of “green”. As a new form of green building, prefabricated construction is of particular interest. On account of the immature development of the green building market in China, the investment risk for prefabricated construction is higher than for traditional architecture. Hence, it is especially important to improve its investment risk identification and management. This study adopts system dynamics and builds a risk identification feedback chart and risk flow chart, to comprehensively identify investment risks that projects in China may face and to process quantitative estimation of investment risk factors. Key factors influencing project investment risks are found, and corresponding measures are pointedly proposed. This paper may provide guidance and a reference for promoting the sound development of prefabricated construction in China.

  8. Study On The Multi-Project Management Practices for Complex Investments

    Directory of Open Access Journals (Sweden)

    Mircea Sandru

    2015-11-01

    Full Text Available This paper highlights the results of a study carried out during the doctoral research in case of multi project Engineering, Procurement, Construction, Commissioning (EPCC investment types. The objective of this study was to improve the project portfolio management. The methodology used in the research presented in this paper is focused on the analysis of the authors related to the approaches debated in literature and theirs applicability in EPCC type investment programs. In this sense were analyzed 11 international projects in petrochemical and refinery field and also 7 investments in other different areas of chemical industry. The research highlighted that the management process of these investments can be improved trough the correct project integration, being able to provide a performing working environment able to sustain the management team in identifying the investment program criticalities and congestion points in order to be able to manage them in an efficient manner in order to assure the reach of the investment goal. Having as consequence the possibility to significant reduction of execution period, up to 16% and in the mean time also the delays related risks through a more efficient investment managerial act.

  9. Delivering construction projects using innovative building technologies

    CSIR Research Space (South Africa)

    Ampofo-Anti, Naalamkai

    2017-07-01

    Full Text Available This paper presents a project delivery model developed for use by public sector clients tasked with using innovative building technologies (IBTs) in lieu of conventional building technologies (CBTs) in the delivery of social infrastructure projects....

  10. Shippingport station decommissioning project technology transfer program

    International Nuclear Information System (INIS)

    McKernan, M.L.

    1989-01-01

    The US Department of Energy (DOE) Shippingport Station Decommissioning Project (SSDP) decontaminated and dismantled the world's first nuclear-fueled, commercial-size electric power plant. The SSDP programmatic goal direction for technology transfer is documentation of project management and operations experience. The objective is to provide future nuclear facility decommissioning projects with pertinent SSDP performance data for project assessment, planning, and operational implementation. This paper sets out access and availability directions for SSDP technology acquisition. Discusses are technology transfer definition; technology transfer products including topical and other project reports, professional-technical society presentations, other project liaison and media relations, visual documentation, and technology transfer data base; and retrieving SSDP information

  11. Targeted pricing, consumer myopia and investment in customer-tracking technology

    OpenAIRE

    Baye, Irina; Sapi, Geza

    2014-01-01

    We analyze how consumer myopia influences investment incentives into a technology that enables firms to track consumers' purchases and make targeted offers based on their preferences. In a two-period Hotelling setup firms may invest in customer-tracking technology. If a firm acquires the technology, it can practice first-degree price discrimination among consumers that bought from it in the first period. We distinguish between the cases of all consumers being myopic and when they are sophisti...

  12. THE REGIONAL ASPECT OF USING GEOINFORMATION TECHNOLOGIES AT THE STAGE OF INCREASING THE INVESTMENT ATTRACTIVENESS OF ENGINEERING-PREPARED TERRITORIES

    Directory of Open Access Journals (Sweden)

    A. V. Volkov

    2017-01-01

    Full Text Available This paper highlights the advantages of geoinformation technologies using in the formation of perspective land plots for construction to increase the investment attractiveness of engineering prepared territories. It discusses the formation of land plots, which were prepared for placement of new enterprises, their legal registration and the necessary infrastructure. It analyzes the approaches to pricing prepared land plots in the market, as well as their demand among investors for major investment projects in the construction sector. The paper describes the characteristics of types of sites for construction, substantiating the creation of a data base for prospective engineering prepared territories.The emphasis is made on the question of working with a large amount of spatial information being analyzed that dictates the use of GIS technologies for increasing efficiency of interaction of interested parties. The article analyzes the structure of the Federal geographic information system, created to provide electronic interaction at the level of the Federal Executive power, local government bodies, legal persons and individuals.Geographic information system (GIS of this level can provide a comprehensive assessment of the quality of the prepared documents, execution of project agreements of territorial planning and information support for decision for all levels of government in planning of territory development. GIS allow us to operatively evaluate the investment attractiveness of prospective land plots for construction. The use of technologies of collecting and providing information about engineering prepared territories to potential investors improves the investment attractiveness of the Russian Federation on the whole. 

  13. DECISION-MAKING AND MANAGEMENT OF PRE-INVESTMENT IN A PROGRAMME OF PROJECTS

    Directory of Open Access Journals (Sweden)

    R.P. Botha

    2012-01-01

    Full Text Available

    ENGLISH ABSTRACT: Owing to ever-increasing business pressures and the resulting requirements of organisations, individual projects rarely fulfil all expectations; so it is quite often necessary to implement a programme of interdependent projects. In such programmes the matter of pre-investment (investing effort or money before the project results are required is a recurring theme amongst programme managers. However, very few decision-making techniques or management guidelines on the topic of pre-investment are available. In this paper a framework is proposed to assist a programme or project manager in the decision-making and management of pre-investment in a programme. The framework is based on pre-investment propositions with high levels of support from a Delphi panel, in the context of a multi-billion Rand petrochemical programme. The results of the research are three matrices that provide guidance on the timing of pre-investment, tools and information required, and benefits of pre-investment. These guidelines all relate to four aspects of pre-investment: context, systems and procedures, timing, and scope. Even though the work was done in the context of a specific case, the preinvestment guidelines should be applicable in various industries.

    AFRIKAANSE OPSOMMING: Die steeds toenemende druk op besighede en die gevolglike vereistes wat ondernemings aan hulself stel, lei daartoe dat individuele projekte selde aan al die verwagtings voldoen. Dit is dus dikwels nodig om ’n program van interafhanklike projekte te implementeer. In sulke programme is voorafinvestering (investering van fondse of werk voordat projekresultate vereis word ’n saak wat by herhaling deur programbestuurders opgehaal word. Daar bestaan egter tans geen besluitnemingstegnieke of riglyne vir die bestuur van voorafinvestering nie. Hierdie artikel behandel ’n raamwerk om programbestuurders en projekbestuurders behulpsaam te wees met besluitneming oor en die bestuur

  14. Developing an Integrated Monitoring and Evaluation Flow for Sustainable Investment Projects

    Directory of Open Access Journals (Sweden)

    Florin TACHE

    2011-12-01

    Full Text Available Under the circumstances of certain weaknesses in the monitoring and evaluation processes of sustainable investment projects, the paper aims to develop a general integrated flow, encompassing both a project monitoring system and also a project evaluation system for the investment projects involving economic objectives, as well as cross-cutting social and environmental targets. The whole approach is being presented as a flowchart, which highlights the intimate relationship between the monitoring and evaluation processes, and provides a formal framework for performing a logical monitoring and evaluation process, taking into account simultaneously the economic, social and environmental perspectives, within an investment project. Last, but not least, the article states both the estimated advantages and the disadvantages of such a managerial tool, opening new perspectives for developing further improved models and systems.

  15. Measuring the strategic value of information technology investments

    International Nuclear Information System (INIS)

    Conrad, K.W.

    1994-08-01

    Value is often perceived differently by the proponents of new information technologies and those who allocate resources and define priorities. Such differences often become a roadblock to meeting true business needs. Project justifications regularly rely on calculated cost savings, which rarely measure the full benefit of new technologies. In fact, if cost savings provide a complete picture, then the organization is probably just automating routine clerical operations and has abandoned efforts that would provide significant strategic value. Strategic value is not limited to financial calculations, but includes quality, time and risk criteria. This paper describes approaches for measuring strategic value that can provide organizations with proven techniques to improve performance, reengineer processes, benchmark performance against other suppliers, identify outsourcing opportunities, or defend themselves from pressures to outsource. Many organizations respond to tightening budgets by cutting overhead. These measurement approaches can demonstrate how overhead is critical to organizational effectiveness and how cost savings can be found, instead, by measurably improving performance throughout the organization. Finally, the paper describes efforts underway within the Department of Energy and at the Hanford Site to implement the approaches described in this paper

  16. Project valuation and investment decisions: CAPM versus arbitrage

    OpenAIRE

    Magni, Carlo Alberto

    2007-01-01

    This paper shows that (i) project valuation via disequilibrium NPV+CAPM contradicts valuation via arbitrage pricing, (ii) standard CAPM-minded decision makers may fail to profit from arbitrage opportunities, (iii) standard CAPM-based valuation violates value additivity. As a consequence, the standard use of CAPM for project valuation and decision making should be reconsidered.

  17. How does technological regime affect performance of technology development projects?

    NARCIS (Netherlands)

    Song, Michael; Hooshangi, Soheil; Zhao, Y. Lisa; Halman, Johannes I.M.

    2014-01-01

    In this study, we examine how technological regime affects the performance of technology development projects (i.e., project quality, sales, and profit). Technological regime is defined as the set of attributes of a technological environment where the innovative activities of firms take place.

  18. Efficient capacity investment and joint production agreements in an oligopolistic electricity market: The HidroAysen joint venture project

    International Nuclear Information System (INIS)

    Raineri, Ricardo; Contreras, Gonzalo

    2010-01-01

    We develop a model for a power market with the characteristics of the Chilean power supply industry, which is an integrated system with a system operator (SO) with a vast authority to define the dispatch of the system. We evaluate whether a large joint power generator project made up by the two largest power generators is an anti-competitive project. Considering four investment technologies for power generation, namely, hydro, coal, diesel, and an advantageous hydro technology which can only be built in a large scale (HidroAysen) for the joint venture case, we use an oligopolistic Cournot model and a Benevolent Social Planner, both calibrated to the Chilean power industry, in order to assess the efficiency of alternative investment strategies and conditions whether the HidroAysen joint venture project can be barred to be judged as anti-competitive. Results suggest that the joint venture is an efficient investment and there is a pro-competitive behaviour on the part of the two power generators, and that there are benefit to consumers, who should expect non-increasing energy prices as a result of the advantageous hydrotechnology.

  19. An integrated model for part-operation allocation and investments in CNC technology

    NARCIS (Netherlands)

    Bokhorst, J.A.C.; Slomp, J.; Suresh, N.

    2002-01-01

    This study addresses the issue of investment appraisal of new technology, specifically computer numerical control (CNC) machine tools in conjunction with optimal allocation of parts and operations on CNC machines as the investments take place. Part-operation allocation is the allocation of parts and

  20. The impact of delaying an investment decision on R&D projects in real option game

    International Nuclear Information System (INIS)

    Chang, Shuhua; Li, Yue; Gao, Fanglu

    2016-01-01

    In a research and development (R&D) investment, the cost and the project value of such an investment are usually uncertain, which thus increases its complexity. Correspondingly, the NPV (Net Present Value) rule fails to evaluate the value of this project exactly, because this method does not take into account the market uncertainty, irreversibility of investment and ability of delay entry. In this paper, we employ the real option theory to evaluate the project value of a R&D investment. Since the cost of a R&D investment is very high and the flow of the information is crowded, an investor cannot make an immediate decision every time. So, the proposed real option model is an exchange option. At the same time, combining the real option and the game theory, we can find the Nash equilibrium which is the optimal strategy. Moreover, we also study how the delayed time influences the price of the project investment and how the different delayed times effect the choice of the optimal strategies.

  1. Valuation of real options : construction of a model to evaluate real investment projects

    OpenAIRE

    Rutgerson, Mette Rørvik

    2008-01-01

    In this thesis I use two existing models to construct a model that can evaluate the exploration phase and the production phase of a real investment project simultaneously. I assume that the value of the production phase is the value of the outcome of an exploration project and can therefore make a model that combines the two phases. I assume that the exploration phase has on-going investment costs until completion and that the time to completion is uncertain. I allow the exploration project t...

  2. Methodology for construction compliance monitoring in the crediting of investment projects for road construction

    Science.gov (United States)

    Vaynshtok, Natalia

    2017-10-01

    The article provides the results of development of the methodology for construction compliance monitoring in the crediting of investment projects for road construction. Work scope analysis of construction audit was conducted and an algorithm of financial audit in the crediting investment projects was developed. Furthermore, the possible pitfalls and abuses of counterparties were investigated and recommendations were given allowing the bank to receive objective and independent information on the progress of the project in real time. This mechanism is useful for the bank in insurance of possible risks, targeted and rational use of credit funds.

  3. Human Capital Investment and the Completion of Risky R&D Projects

    DEFF Research Database (Denmark)

    Siyahhan, Baran; Engelbert, Dockner

    2010-01-01

    We consider a firm that employs human capital to make a tech- nological breakthrough. Since the probability of success of the break- through depends on the current stock of human capital the firm has an incentive to expand its human capital stock. The present value of the patent is stochastic...... but can be observed during the R&D phase of the project. The exogenous value of the patent determines the firm’s decisions to invest in human capital, to abandon the project if nec- essary, and to invest in marketing the new product. We study the corresponding optimal stopping times, determine their value...... and risk consequences, and derive optimal investment in the stock of human capital. While optimal investment in human capital is very sensitive to its productivity do increase the probability of a breakthrough it is insensitive to changes in the volatility of the present value of the patent. The value...

  4. A SIMULATION BASED APPROACH FOR AN INVESTMENT PROJECT EVALUATION UNDER UNCERTAIN AND RISKY ENVIRONMENTS

    Directory of Open Access Journals (Sweden)

    Özgür YALÇINKAYA

    2010-06-01

    Full Text Available Under high uncertainty and risky environments, the future estimations related to project proposalscannot be certain and really materialized values. It is inevitable that there exists a deviation or gap betweenforecasted values and actual values. Thus, project risk level of the proposal should be analyzedin the assessment phase. Simulation based project evaluation approaches enables to make more reliableinvestment decision since they permits including future uncertainty and risk in analyze process. Inaddition, many times, project proposals are evaluated with more than one conflicted criteria. The aimof this paper is to present a new approach that accounts for multiple objectives for evaluating riskyinvestment projects and determining projects risk level. With the proposed simulation based optimizationapproach, necessity values for project parameters are determined to reach the expected profitabilityof the investment with the minimum initial investment cost. Also, there is an illustrative examplegiven in this study as an application of the proposed approach.

  5. DEVELOPMENT POLICY AND INVESTMENT PROJECTS ASSESSMENT IN THE SECTOR OF SME IN SERBIA

    Directory of Open Access Journals (Sweden)

    JUGOSLAV ANIČIĆ

    2016-02-01

    Full Text Available The problems of rational investing, in other words efficient planning and realization of investment projects, are among key problems in development of every enterprise. For successful realization of business plans, enterprise should make use of its internal strengths and available resources from surroundings, and turn them into its competitive advantage. Small and medium enterprises in Serbia are facing low liquidity and a lack of their own funds for investing into long-term and development projects. Therefore, investment projects are conducted with a high participation of loaned funds, mainly credits, with high interest rates and short terms for paying back. The sector of small enterprises makes numerous mistakes when creating financial plans. Enterprises don’t understand basic parameters of revenues, especially which leverage points manage revenues, and revenues, themselves, are set on a too optimistic level. The time necessary to create revenues is also underestimated. In projections, many significant cost items are underestimated, and some costs are overlooked, which, inevitably, leads to liquidity problems. Needed cash funds are not acquired quickly, so the consequence is a negative cash flow, with all negative consequences in the later life of an enterprise. Such situation dictates necessity of additional caution when assessing investment projects' profitability because investment failures cause large negative consequences, both for an enterprise and a wider area or branch in which it functions. For the assessment of its investment projects small enterprises must use dynamic methods which take time value of money into consideration and which contribute to a better control of cash flows and liquidity of an enterprise.

  6. Verification of a investment appeal assessment technique of the IT introduction project at the hi-tech knowledge-intensive enterprise

    Directory of Open Access Journals (Sweden)

    E. V. Shkarupeta

    2016-01-01

    Full Text Available Need of an assessment of investment appeal of projects, according to authors, is caused also by the fact that the investment project is the independent object of the analysis entering the general program of development, both the knowledge-intensive enterprise, and economy in general. Results of the investment analysis allow the potential owner to determine the term necessary for return of originally invested sum, to calculate real increments of assets from acquisition of property, to estimate potential stability to risks of the cash flow formed by concrete object of property. In article features of an assessment of investment appeal of innovative projects on introduction of information technologies are considered. Methodical approach to innovative development of the knowledge-intensive enterprise is created. Within this approach the main evaluation stages are defined, approaches to an assessment of a discountrate of the IT and innovative project are specified, calculation of key indicators of investment appeal of the innovative project is made. The offered assessment procedure of investment appeal of the investment project of introduction of information technologies will allow the enterprise to choose an optimal variant of implementation of IT solutions which will give the chance to solve the problems revealed during an assessment of his activity. Research is based on the theoretical and methodological provisions, classical and modern fundamental concepts which are contained in works of classics of economic and administrative science and also the domestic and foreign scientists working in the field of the organization and management, the organization and management of innovative development of the knowledge-intensive enterprises. For the solution of the tasks set in article the complex of scientific basic and applied theories, approaches and methods has been used, namely: theory of systems and system analysis, theory of management, theory of

  7. Shippingport station decommissioning project technology transfer program

    International Nuclear Information System (INIS)

    McKernan, M.L.

    1988-01-01

    US Department of Energy (DOE) Shippingport Station Decommissioning Project (SSDP) decommissioned, decontaminated, and dismantled the world's first, nuclear fueled, commercial size, electric power plant. SSDP programmatic goal direction for technology transfer is documentation of project management and operations experience. Objective is to provide future nuclear facility decommissioning projects with pertinent SSDP performance data for project assessment, planning, and operational implementation. This paper presents a working definition for technology transfer. Direction is provided for access and availability for SSDP technology acquisition

  8. United States Rotorcraft Technology Investment: Is There a Lack of a Vision

    National Research Council Canada - National Science Library

    Grotophorst, Jean A

    2008-01-01

    .... The teaming with AgustaWestland, a foreign company, served as a catalyst to question the type and amount of investments the United States was spending in new rotorcraft technologies or improvements...

  9. ITS technologies reduce delay, crashes and emissions, with significant returns on investment : research spotlight.

    Science.gov (United States)

    2015-07-01

    Intelligent transportation systems (ITS) technologies have gained popularity in recent years as a method for relieving road congestion and improving safety through better traf c and incident management. Since 2006, MDOT has invested more than $100 mi...

  10. Technology Expenditures: A Policy Analysis in a Selected School and Return on Investment

    Science.gov (United States)

    Ferguson, Timothy Brian

    2012-01-01

    The process of retooling schools to prepare students for the Twenty-First Century requires that schools invest in technology resources and ongoing professional development for teachers to support the transformation of teaching and learning practices through technology integration. Technology resources are still considered to be educational…

  11. PRODUCTIVITY AND LAND ENHANCING TECHNOLOGIES IN NORTHERN ETHIOPIA: HEALTH, PUBLIC INVESTMENTS, AND SEQUENTIAL ADOPTION

    OpenAIRE

    Ersado, Lire; Amacher, Gregory S.; Alwang, Jeffrey Roger

    2003-01-01

    The adoption of more efficient farming practices and technologies that enhance agricultural productivity and improve environmental sustainability is instrumental for achieving economic growth, food security and poverty alleviation in sub-Saharan Africa. Our research examines the interaction between public investments, community health, and adoption of productivity and land enhancing technologies by households in the northern Ethiopian state of Tigray. Agricultural technology adoption decision...

  12. THE GERMAN DIRECT INVESTMENTS IN INNOVATIVE AND TECHNOLOGICAL DEVELOPMENT OF THE RUSSIAN ECONOMY

    Directory of Open Access Journals (Sweden)

    Карина Юрьевна Ашикарьян

    2013-05-01

    Full Text Available In the conditions of globalization and economy modernization the special attention is paid to cooperation of the countries in the sphere of innovations and high technologies which is reached at the expense of a transfer of knowledge and technologies. One of priority instruments of innovative and technological cooperation today are direct foreign investments. Germany occupies one of leading provisions among the developed countries of the world and possesses high scientific and technical potential. The importance is got by direct investments of Germany, as main supplier of the real direct investments bringing new technologies and knowledge in economy of Russia. Thus, the German direct investments are the most important source of advanced technologies and the methods of management promoting modernization of the Russian economy and transition to an innovative way of development. Direct German investments accelerate process of integration of the Russian economy  in the world economy, improve use of various advantages of the international labor cooperation and its division, promote involvement in being formed European economic space.The article describes a role of the German direct investments in innovative and technological development of  the Russian economy.DOI: http://dx.doi.org/10.12731/2218-7405-2013-4-19

  13. Characterizing uncertain sea-level rise projections to support investment decisions.

    Science.gov (United States)

    Sriver, Ryan L; Lempert, Robert J; Wikman-Svahn, Per; Keller, Klaus

    2018-01-01

    Many institutions worldwide are considering how to include uncertainty about future changes in sea-levels and storm surges into their investment decisions regarding large capital infrastructures. Here we examine how to characterize deeply uncertain climate change projections to support such decisions using Robust Decision Making analysis. We address questions regarding how to confront the potential for future changes in low probability but large impact flooding events due to changes in sea-levels and storm surges. Such extreme events can affect investments in infrastructure but have proved difficult to consider in such decisions because of the deep uncertainty surrounding them. This study utilizes Robust Decision Making methods to address two questions applied to investment decisions at the Port of Los Angeles: (1) Under what future conditions would a Port of Los Angeles decision to harden its facilities against extreme flood scenarios at the next upgrade pass a cost-benefit test, and (2) Do sea-level rise projections and other information suggest such conditions are sufficiently likely to justify such an investment? We also compare and contrast the Robust Decision Making methods with a full probabilistic analysis. These two analysis frameworks result in similar investment recommendations for different idealized future sea-level projections, but provide different information to decision makers and envision different types of engagement with stakeholders. In particular, the full probabilistic analysis begins by aggregating the best scientific information into a single set of joint probability distributions, while the Robust Decision Making analysis identifies scenarios where a decision to invest in near-term response to extreme sea-level rise passes a cost-benefit test, and then assembles scientific information of differing levels of confidence to help decision makers judge whether or not these scenarios are sufficiently likely to justify making such investments

  14. Characterizing uncertain sea-level rise projections to support investment decisions

    Science.gov (United States)

    Lempert, Robert J.; Wikman-Svahn, Per; Keller, Klaus

    2018-01-01

    Many institutions worldwide are considering how to include uncertainty about future changes in sea-levels and storm surges into their investment decisions regarding large capital infrastructures. Here we examine how to characterize deeply uncertain climate change projections to support such decisions using Robust Decision Making analysis. We address questions regarding how to confront the potential for future changes in low probability but large impact flooding events due to changes in sea-levels and storm surges. Such extreme events can affect investments in infrastructure but have proved difficult to consider in such decisions because of the deep uncertainty surrounding them. This study utilizes Robust Decision Making methods to address two questions applied to investment decisions at the Port of Los Angeles: (1) Under what future conditions would a Port of Los Angeles decision to harden its facilities against extreme flood scenarios at the next upgrade pass a cost-benefit test, and (2) Do sea-level rise projections and other information suggest such conditions are sufficiently likely to justify such an investment? We also compare and contrast the Robust Decision Making methods with a full probabilistic analysis. These two analysis frameworks result in similar investment recommendations for different idealized future sea-level projections, but provide different information to decision makers and envision different types of engagement with stakeholders. In particular, the full probabilistic analysis begins by aggregating the best scientific information into a single set of joint probability distributions, while the Robust Decision Making analysis identifies scenarios where a decision to invest in near-term response to extreme sea-level rise passes a cost-benefit test, and then assembles scientific information of differing levels of confidence to help decision makers judge whether or not these scenarios are sufficiently likely to justify making such investments

  15. Investment Strategy of Emission-Reduction Technology in a Supply Chain

    Directory of Open Access Journals (Sweden)

    Gao Xiang Lou

    2015-08-01

    Full Text Available Greenhouse gas emissions have serious impacts on the natural environment. Therefore, the restrictions imposed on carbon emission force enterprises to take carbon emission into consideration when making production decisions. In this paper, in the context of allowing emission trading and investment of emission reduction technology, models were presented for a two-stage supply chain to analyze the optimal investment and pricing decisions. The results indicate that manufacturer’s endurance capacity of reduction difficulty is higher in the cooperation model than in the Stackelberg game model, and that perfect coordination of supply chains can be realized by a revenue sharing contract. From the perspective of a consumer, low-carbon products mean higher price, so that subsidies or tax exemptions should be provided to keep low prices. Meanwhile, the government can promote investment in emission-reduction technologies and achieve its emission reduction targets by controlling emission trading price, strengthening emission reduction publicity and providing technology investment subsidies.

  16. Investing Wisely in Information Technology: Asking the Right Questions.

    Science.gov (United States)

    Breivik, Patricia Senn

    1993-01-01

    College administrators are offered a series of questions to ask in evaluating the appropriateness of information technology for their campuses. Issues addressed include defining institutional goals and the role of information technology in them, determining the most effective organization of information resources and technology, and allocation of…

  17. A boom in energy technology innovation despite decades of stagnant investment

    Energy Technology Data Exchange (ETDEWEB)

    Bettencourt, Luis M [Los Alamos National Laboratory; Trancik, Jessika A [SANTA FE INSTITUTE; Kaur, Jasleen [INDIANA UNIV

    2009-01-01

    Rates of patenting in energy technologies in the United States stagnated during a period of low federal investment in the sector from the mid-1980's through 2000. To analyze the current state of the field, we built a new comprehensive database of energy patents in the USA and worldwide aggregated by nation and technology. We show that innovation in energy technologies, as measured by numbers of new patents, has grown dramatically over the last decade both for renewable and fossil fuel-based technologies, but that traditional investment -government and private support for research and development (R&D) -has not risen commensurately. We also show that while venture capital investment in the sector has increased significantly in the last few years it lags the observed uptick in patenting. We find increasing patenting rates in nations worldwide but also differences in regional priorities, as well as a marked divergence in innovation rates across technologies. Renewable energy technologies - especially solar and wind - currently show the fastest rates of innovation, while patenting levels in nuclear fission have remained low despite relatively high levels of sustained investment. While this sharp increase of innovative activity bodes well for change in the energy sector, the future of emerging technologies may hinge on sustained investment in R&D and favorable incentives for market entry.

  18. Influence of the Risk-Contributing Factors on the Financing of the Investment Project for Building of Intelligent Buildings

    OpenAIRE

    Voytolovskiy Nikolay; Trebukhin Anatoliy; Shoshinov Vitaly

    2017-01-01

    This article provides the generic classification of risks of the investment projects for the construction of intelligent buildings which differ by the detachment of the subjective perception of risk by the investor. Risk and uncertainty were justified as system characteristics of the investment projects for the construction of intelligent buildings. Characteristics of the development was given in the context of project management. Methodical schemes of the development of the investment projec...

  19. Return on Knowledge Assets: Rethinking Investments in Educational Technology.

    Science.gov (United States)

    Watkins, Karen E.; Callahan, Mary Wilson

    1998-01-01

    Presents various ways of understanding knowledge and intellectual capital and the assets they produce. Considers implications of assessing the return on educational technologies as organizational knowledge assets. Presents a case study to illustrate how an educational technology application might help capture the benefits of knowledge capital.…

  20. Optimizing technology investments: a broad mission model approach

    Science.gov (United States)

    Shishko, R.

    2003-01-01

    A long-standing problem in NASA is how to allocate scarce technology development resources across advanced technologies in order to best support a large set of future potential missions. Within NASA, two orthogonal paradigms have received attention in recent years: the real-options approach and the broad mission model approach. This paper focuses on the latter.

  1. Promoting Sustainability through Investment in Building Information Modeling (BIM Technologies: A Design Company Perspective

    Directory of Open Access Journals (Sweden)

    Marius Reizgevičius

    2018-02-01

    Full Text Available The aim of this article is to enhance the understanding of how design companies perceive the benefits of Building Information Modeling (BIM technologies application. BIM is recognized in the literature as a (potentially powerful driver leading the construction sector towards sustainability. However, for design companies, the choice to invest in BIM technologies is basically an economic one. Specifically, a design company assesses economic benefits and efficiency improvements thanks to the application of BIM technologies. The article discusses the return on investments (ROI in BIM technologies and reviews ROI calculation methodologies proposed by other authors. In order to evaluate BIM return on investment correctly practical ROI calculations are carried out. Appropriate methods, together with the relevant variables for ROI calculation, are developed. The study allows for adjusting the calculation method making it more accurate and understandable using the Autodesk Revit based ROI calculation of the first year.

  2. Methane LIDAR Laser Technology Project

    Data.gov (United States)

    National Aeronautics and Space Administration — Fibertek proposes to develop laser technology intended to meet NASA's need for innovative lidar technologies for atmospheric measurements of methane. NASA and the...

  3. Returns on investments in energy-saving technologies under energy price uncertainty in Dutch greenhouse horticulture

    NARCIS (Netherlands)

    Diederen, P.J.M.; Tongeren, van F.W.; Veen, van der H.B.

    2003-01-01

    Conventional net present value calculations evaluating the profitability of investments in energy-saving technologies in Dutch horticultural outlays predict a much higher rate of adoption of these technologies than is actually observed. This paper tries to explain this gap by applying a real options

  4. Influence of the Risk-Contributing Factors on the Financing of the Investment Project for Building of Intelligent Buildings

    Directory of Open Access Journals (Sweden)

    Voytolovskiy Nikolay

    2017-01-01

    Full Text Available This article provides the generic classification of risks of the investment projects for the construction of intelligent buildings which differ by the detachment of the subjective perception of risk by the investor. Risk and uncertainty were justified as system characteristics of the investment projects for the construction of intelligent buildings. Characteristics of the development was given in the context of project management. Methodical schemes of the development of the investment project risks were specified on the basis of interconnection of risk and project effectiveness. Risk management procedure at realization of the developer project was developed.

  5. Interconnection of the Degree of Risk and Life Cycle of the “Green Construction” Investment Projects

    OpenAIRE

    Lepehova Natalia; Shoshinov Vitaly

    2017-01-01

    This article analyses interconnection of the degree of risk and the life cycle of the “green building” investment projects, which is structured according to the life cycle. Main stages of the implementation of investment and construction project were considered, interconnection of the project life cycle and the level of project risk were presented in the form of graphical model, proposed a mathematical model of the risk calculation at different stages of the project life cycle, which is a fun...

  6. Evaluating the Investment Benefit of Multinational Enterprises' International Projects Based on Risk Adjustment: Evidence from China

    Science.gov (United States)

    Chen, Chong

    2016-01-01

    This study examines the international risks faced by multinational enterprises to understand their impact on the evaluation of investment projects. Moreover, it establishes a 'three-dimensional' theoretical framework of risk identification to analyse the composition of international risk indicators of multinational enterprises based on the theory…

  7. On-Line Investment Analysis and Portfolio Management: Using Learning Outcome Statements To Design Projects.

    Science.gov (United States)

    Pettijohn, James B.; Ragan, Gay A.; Ragan, Kent P.

    2003-01-01

    Describes an Internet-based project to familiarize students with online investment analysis and stock portfolio management. Outlines a process for writing learning outcomes that address three levels of cognition: knowledge/comprehension, application/analysis, and synthesis/evaluation. (SK)

  8. Investments on Pro-poor Development Projects on Goats: Ensuring Success for Improved Livelihoods.

    Science.gov (United States)

    Devendra, C

    2013-01-01

    The elements that determine the success of development projects on goats and the prerequisites for ensuring this are discussed in the context of the bewildering diversity of goat genetic resources, production systems, multifunctionality, and opportunities for responding to constraints for productivity enhancement. Key determinants for the success of pro-poor projects are the imperatives of realistic project design, resolution of priorities and positive impacts to increase investments and spur agricultural growth, and appropriate policy. Throughout the developing world, there exist 97% of the total world population of 921 million goats across all agro-ecological zones (AEZs), including 570 breeds and 64% share of the breeds. They occupy a very important biological and socio-economic niche in farming systems making significant multifunctional contributions especially to food, nutrition and financial security, stability of farm households, and survival of the poor in the rural areas. Definitions are given of successful and failed projects. The analyses highlighted in successful projects the value of strong participatory efforts with farmers and climate change. Climate change effects on goats are inevitable and are mediated through heat stress, type of AEZ, water availability, quantity and quality of the available feed resources and type of production system. Within the prevailing production systems, improved integrated tree crops - ruminant systems are underestimated and are an important pathway to enhance C sequestration. Key development strategies and opportunities for research and development (R and D) are enormous, and include inter alia defining a policy framework, resolution of priority constraints using systems perspectives and community-based participatory activities, application of yield-enhancing technologies, intensification, scaling up, and impacts. The priority for development concerns the rainfed areas with large concentrations of ruminants in which

  9. Investments on Pro-poor Development Projects on Goats: Ensuring Success for Improved Livelihoods

    Directory of Open Access Journals (Sweden)

    C. Devendra

    2013-01-01

    Full Text Available The elements that determine the success of development projects on goats and the prerequisites for ensuring this are discussed in the context of the bewildering diversity of goat genetic resources, production systems, multifunctionality, and opportunities for responding to constraints for productivity enhancement. Key determinants for the success of pro-poor projects are the imperatives of realistic project design, resolution of priorities and positive impacts to increase investments and spur agricultural growth, and appropriate policy. Throughout the developing world, there exist 97% of the total world population of 921 million goats across all agro-ecological zones (AEZs, including 570 breeds and 64% share of the breeds. They occupy a very important biological and socio-economic niche in farming systems making significant multifunctional contributions especially to food, nutrition and financial security, stability of farm households, and survival of the poor in the rural areas. Definitions are given of successful and failed projects. The analyses highlighted in successful projects the value of strong participatory efforts with farmers and climate change. Climate change effects on goats are inevitable and are mediated through heat stress, type of AEZ, water availability, quantity and quality of the available feed resources and type of production system. Within the prevailing production systems, improved integrated tree crops - ruminant systems are underestimated and are an important pathway to enhance C sequestration. Key development strategies and opportunities for research and development (R and D are enormous, and include inter alia defining a policy framework, resolution of priority constraints using systems perspectives and community-based participatory activities, application of yield-enhancing technologies, intensification, scaling up, and impacts. The priority for development concerns the rainfed areas with large concentrations of

  10. Producer firms, technology diffusion and spillovers to local suppliers : Examining the effects of Foreign Direct Investment and the technology gap

    NARCIS (Netherlands)

    Jordaan, J.A.

    2017-01-01

    In this paper, we conduct a detailed examination of the effects of Foreign Direct Investment (FDI) and the technology gap on local technology dissemination and spillovers. Using unique firm level data from surveys among FDI firms and domestic producer firms and a random sample of their suppliers in

  11. The Analysis of Several Models of Investment Value of Logistics Project Evaluation

    Directory of Open Access Journals (Sweden)

    Ke Qiu Cheng Zhou

    2013-01-01

    Full Text Available The study of the logistics project evaluation model features reviews the traditional value evaluation model. On the basis of this, using the fuzzy theory, we establish several logistics project evaluation models under fuzzy environment. The analysis of the respective characteristics and the comparison of the calculated results of the three models show that these models are important methods of investment value of logistics evaluation.

  12. Attracting private investment into REDD+ projects: An overview of regulatory challenges

    Directory of Open Access Journals (Sweden)

    Sophie May Chapman

    2013-07-01

    Full Text Available To date, forest carbon projects around the world have faced common challenges within what are nonetheless unique, country-specific legal and political systems. These issues include the role of land tenure in forest carbon projects, the importance of legal frameworks in clarifying the legal foundations for forest carbon projects (such as with respect to the right to carbon or the process under which forest carbon projects can be approved and the need to properly address leakage, additionality, permanence, and community and biodiversity benefits within forest carbon project design. By addressing these issues, both international and national regulation has a role to play in creating the enabling conditions for private sector investment. This paper will provide an overview of the regulatory issues that need to be addressed to enable private sector investment into REDD+ projects by 1 outlining current international policy, noting the role of the private sector in REDD+ implementation and describing the voluntary market’s role as a testing ground for early forest carbon projects; 2 discussing REDD+ implementation from a project-level perspective, including both the general and legal issues that need to be addressed in REDD+ project design; and 3 considering how these lessons (drawn largely from land-based forest carbon projects apply to mangroves, peatlands and other wetlands as sites for implementing REDD+ activities.

  13. Management of Innovative Projects through Agile Technology

    Directory of Open Access Journals (Sweden)

    Radu Bucea-Manea-Tonis

    2014-09-01

    Full Text Available Because of the globalization and the evolution of internet and technologies, nowadays the innovation is associated with open collaboration conducted by a legal framework. The paper analyses the methods that allow a better management for innovative projects and focuses on agile projects within a technological network.

  14. Management of investment-construction projects basing on the matrix of key events

    Directory of Open Access Journals (Sweden)

    Morozenko Andrey Aleksandrovich

    2016-11-01

    Full Text Available The article considers the current problematic issues in the management of investment-construction projects, examines the questions of efficiency increase of construction operations on the basis of the formation of a reflex-adaptive organizational structure. The authors analyzed the necessity of forming a matrix of key events in the investment-construction project (ICP, which will create the optimal structure of the project, basing on the work program for its implementation. For convenience of representing programs of the project implementation in time the authors make recommendations to consolidate the works into separate, economically independent functional blocks. It is proposed to use an algorithm of forming the matrix of an investment-construction project, considering the economic independence of the functional blocks and stages of the ICP implementation. The use of extended network model is justified, which is supplemented by organizational and structural constraints at different stages of the project, highlighting key events fundamentally influencing the further course of the ICP implementation.

  15. Exploring the Effects of Technology Overload on the Outcomes of Enterprise Resource Planning (ERP) Implementation Projects

    Science.gov (United States)

    Kates, Earl B.

    2016-01-01

    Despite significant investments made by organizations to implement ERP systems and prior research that explored contributing factors of ERP failure, the ERP implementation success rate continues to remain low in practice. Increased technology usage in the workplace coupled with higher dependency on technology to complete project tasks often leads…

  16. Smart Gun Technology project. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Weiss, D.R.

    1996-05-01

    The goal of the Smart Gun Technology project is to eliminate the capability of an unauthorized user form firing a law officer`s firearm by implementing user-recognizing-and-authorizing (or {open_quotes}smart{close_quotes}) surety technologies. This project was funded by the National Institute of Justice. This report lists the findings and results of the project`s three primary objectives. First, to find and document the requirements for a smart firearm technology that law enforcement officers will value. Second, to investigate, evaluate, and prioritize technologies that meet the requirements for a law enforcement officer`s smart firearm. Third, to demonstrate and document the most promising technology`s usefulness in models of a smart firearm.

  17. Lyndon B. Johnson Space Center (JSC) proposed dual-use technology investment program in intelligent robots

    Science.gov (United States)

    Erikson, Jon D.

    1994-01-01

    This paper presents an overview of the proposed Lyndon B. Johnson Space Center (JSC) precompetitive, dual-use technology investment project in robotics. New robotic technology in advanced robots, which can recognize and respond to their environments and to spoken human supervision so as to perform a variety of combined mobility and manipulation tasks in various sectors, is an obejective of this work. In the U.S. economy, such robots offer the benefits of improved global competitiveness in a critical industrial sector; improved productivity by the end users of these robots; a growing robotics industry that produces jobs and profits; lower cost health care delivery with quality improvements; and, as these 'intelligent' robots become acceptable throughout society, an increase in the standard of living for everyone. In space, such robots will provide improved safety, reliability, and productivity as Space Station evolves, and will enable human space exploration (by human/robot teams). The proposed effort consists of partnerships between manufacturers, universities, and JSC to develop working production prototypes of these robots by leveraging current development by both sides. Currently targeted applications are in the manufacturing, health care, services, and construction sectors of the U.S. economy and in the inspection, servicing, maintenance, and repair aspects of space exploration. But the focus is on the generic software architecture and standardized interfaces for custom modules tailored for the various applications allowing end users to customize a robot as PC users customize PC's. Production prototypes would be completed in 5 years under this proposal.

  18. A System Model of Increasing the Investment Potential of Technologically Unrelated Sectors

    Directory of Open Access Journals (Sweden)

    Melnyk Alexander G.

    2016-02-01

    Full Text Available The article presents a theoretical substantiation and the progress of practical application of the method for evaluating lagged effects of increasing the investment potential of interaction between industries in meso-level innovation systems on the example of the high-tech sector of Ukraine. The interaction data are considered in terms of their formation in such technologically unrelated sectors as the industrial sector and sector of education and sciences. It has been determined that the analytical basis to form the models of increasing the investment potential in innovation systems of meso-level should be presented by a comprehensive integrated assessment of all sectors involved in the reproduction process including technologically unrelated sectors of highly structured innovative systems. There has been proposed a system model of increasing the investment potential of the high-tech sector taking into account the optimization and synergy effects for system decisions concerning technologically unrelated sectors in economic systems of innovation type of reproduction.

  19. Aerospace Technology Curriculum Guide. Invest in Success. Vo. Ed. #260.

    Science.gov (United States)

    Idaho State Dept. of Education, Boise. Div. of Vocational Education.

    This document contains standards for an articulated secondary and postsecondary curriculum in aerospace technology. The curriculum standards can be used to ensure that vocational programs meet the needs of local business and industry. The first part of the document contains a task list and student performance standards for the aerospace technology…

  20. Pipeline cost reduction through effective project management and applied technology

    Energy Technology Data Exchange (ETDEWEB)

    Jenkins, A. [TransCanada Pipeline Ltd., Alberta (Canada); Babuk, T. [Empress International Inc., Westwood, NJ (United States); Mohitpour, M. [Tempsys Pipeline Solutions Inc., Vancouver, BC (Canada); Murray, M.A. [National Energy Board of Canada (Canada)

    2005-07-01

    Pipelines are regarded by many as passive structures with the technology involved in their construction and operation being viewed as relatively simple and stable. If such is the case how can there be much room for cost improvement? In reality, there have been many technological and regulatory innovations required within the pipeline industry to meet the challenges posed by ever increasing consumer demand for hydrocarbons, the effects of aging infrastructure and a need to control operating and maintenance expenditures. The importance of technology management, as a subset of overall project management, is a key element of life cycle cost control. Assurance of public safety and the integrity of the system are other key elements in ensuring a successful pipeline project. The essentials of best practise project management from an owner/ operator's perspective are set out in the paper. Particular attention is paid to the appropriate introduction of new technology, strategic procurement practice and material selection, indicating that capital cost savings of up to 15% are achievable without harming life cycle cost. The value of partnering leading to technical innovation, cost savings and improved profitability for all the participants is described. Partnering also helps avoid duplicated effort through the use of common tools for design, planning schedule tracking and reporting. Investing in appropriate technology development has been a major source of cost reduction in recent years and the impact of a number of these recently introduced technologies in the areas of materials, construction processes and operation and maintenance are discussed in the paper. (author)

  1. FEATURES OF AN ESTIMATION OF INVESTMENT PROJECTS AT THE ENTERPRISES OF AVIATION INSTRUMENT

    Directory of Open Access Journals (Sweden)

    Petr P. Dobrov

    2016-01-01

    Full Text Available The relevance of this study due to the fact that the current situation in Russia is complemented by the negative effects of market reforms in the economy and economic sanctions adopted against our country and in particular the different level companies. In view of this, to effectively manage the activities and the development of aviation instrument companies and enterprises of different ownership forms are highly relevant issues related to the assessment of investment projects. The general crisis that engulfed almost all industry in Russia, demanded the application of a new ideology of the organization and management of investment projects, as well as their assessment at the enterprises of aviation instrument. In Russia, began a new stage in the development of project management establishment of a domestic methodology, complex tools and training for professional project management on the basis of domestic achievements, global experience and creativity of its processing based on the actual conditions of our country. The need for the use of project management methodology in Russia is determined by two factors: the increasing complexity of projects and the organizations that operate them, and the fact that project management is widely used in countries with market economies. Projects at the enterprises of aviation instrument making and evaluation are characterized by complexity and uncertainty, a significant dependence on the dynamic environment, including socio-economic, political, financial, economic, legislative influence of both the state and competing companies. In this paper, a study of modern methods of evaluating investment projects at the enterprises of aviation instrument. Methodology. The methodological basis of this paper appeared comparative and economic-mathematical analysis methods. Results. As part of the presentation of the present article the author, it was found that the activity of modern companies is not linear and is

  2. The hydroelectric power plant as a project of private investment; La central hidroelectrica como proyecto de inversion privada

    Energy Technology Data Exchange (ETDEWEB)

    Guerra, Eduardo [Industrias Metalurgicas Pescarmona S.A. (IMPSA), Mendoza (Argentina)]. E-mail: guerra@impsa.com.ar

    2001-07-01

    The paper describes the process to be followed for the performance, construction and operation of a hydroelectric investment from the view point of a private investor. The paper demonstrates that it is possible to finance the project through the 'project finance', where the finance has as guarantee the own assets and the fund fluxes of the investment.

  3. VESUB Technology Demonstration: Project Summary

    National Research Council Canada - National Science Library

    Seamon, Alton

    1999-01-01

    The objective of this report is to provide a chronology of project events and an assemblage of critical technical and process issues that played a significant role in the development of the Virtual...

  4. Evaluation of learning moments, investment cost and life cost of five EOS DEMO/UKR projects; Evaluatie leermomenten, investerings- en levensduurkosten van vijf EOS DEMO/UKR projecten

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2012-03-15

    Subsidised, energy efficient building example projects in the Netherlands show that the additional cost of 10 to 15% for the initial investment are compensated by the much lower energy cost later on. A study has been conducted of the relation between investments, housing expenses and energy efficient building [Dutch] Gesubsidieerde, energiezuinig gebouwde voorbeeldprojecten in Nederland tonen aan dat de meerkosten van 10% tot 15% voor de initiele investering opwegen tegen de veel lagere energiekosten later. Een studie is uitgevoerd naar de relatie tussen investeringen, woonlasten en energiezuinig bouwen.

  5. Addressing Future Technology Challenges Through Innovation and Investment

    Science.gov (United States)

    2012-03-01

    relative parity with the US, and that “If technologically advanced U.S. programs are not initiated relatively soon, the margin of competitive ... competitive free market; a 50/50 or 70/30 cost share is not uncommon. By cost sharing, DARPA accepts much of the financial risk during development, while...opened up a broad spectrum of realistic choices for military acquisitions. Changing lanes across the operational panorama not only degrades expensive

  6. Clean Air Technology Initiative Projects

    Science.gov (United States)

    EPA Pacific Southwest has provided funding to both South Coast AQMD and San Joaquin Valley APCD to help spur early-stage, innovative technologies that need further testing and demonstration prior to deployment and commercialization.

  7. Analysis on the choice of the most suitable metal prices in a mining investment project

    International Nuclear Information System (INIS)

    Torre, L. de la; Espi, J. a.

    2014-01-01

    The mineral price assigned in mining project design is critical to determining the economic feasibility of a project. Nevertheless, although it is not difficult to find literature about market metal prices, it is much more complicated to achieve a specific methodology for calculating the value or which justifications are appropriate to include. This study presents an analysis of various methods for selecting metal prices and investigates the mechanisms and motives underlying price selections. The results describe various attitudes adopted by the designers of mining investment project, and how the price can be determined not just by means of forecasting also by consideration of other relevant parameters. (Author)

  8. A case of social investment: Uere and Phillips Petroleum do Brasil Projects

    Energy Technology Data Exchange (ETDEWEB)

    Medeiros, Daniella dos Santos; Fryklund, Robert Eugene [Phillips Petroleum do Brasil Ltda., Rio de Janeiro, RJ (Brazil); Mello, Yvonne Bezerra de [Projeto Uere, Rio de Janeiro, RJ (Brazil)

    2004-07-01

    CONOCOPHILLIPS views Social Investment as an important element of contributing to social progress and achieving its view of Sustainable Growth. According to CONOCOPHILLIPS a company's ability to grow depends not only on its business successes but also on its reputation as a corporate citizen. This reputation is built largely by responsible civic actions, social investment and environmental stewardship. The company invests in programs that provide sustainable community development, benefit the stakeholders, are aligned with its strategic business objectives, and are consistent with its core values. CONOCOPHILLIPS recognizes that the most effective corporate social investment is achieved by pro actively identifying the key community needs and by entering into strategic partnerships with agencies and organizations that serve good causes. In Rio de Janeiro, Phillips Petroleum do Brasil, a subsidiary of CONOCOPHILLIPS, has been working with Projeto Uere, a non-profit non-governmental organization (NGO) that runs an educational program for children living under social risk in Favela da Mare. Projeto Uere performs preventive work, helping children overcome their learning and social difficulties. The Projeto Uere case study results will highlight the application of some of CONOCOPHILLIPS social investment policies and strategies used to select and evaluate partnership projects in Brazil. (author)

  9. Analysis of Return on Investment in Different Types of Agile Software Development Project Teams

    Directory of Open Access Journals (Sweden)

    Goran MILANOV

    2012-01-01

    Full Text Available This exploratory study of IT project teams in Serbia investigates how the choice of agile methods in different development project teams affects the return-on-investment (ROI. In this paper different types of software project teams are analyzed in order to examine and identify the business-value of using agile methods. In various software development project teams, the ROI of agile methods is yet to be fully explored, while the ROI of traditional methods is well-understood. Since ROI is important indicator of the projects success, in this paper we examine the factors that influence the ROI both from software solution customer point of view, and different agile project teams.

  10. Fostering Entrepreneurial Investment Decision in Medical Technology Ventures in a Changing Business Environment

    Directory of Open Access Journals (Sweden)

    Sonja Bettina Keppler

    2015-02-01

    Full Text Available This paper presents the results obtained from a survey among public and private venture capitalists from countries which attract a large amount of venture capital investment: Germany, Switzerland, Austria and Israel. The objective is to investigate venture capitalists’ investment criteria for medical technology ventures in the start-up or expansion phase. Since existing research evaluated venture capitalists’ general investment criteria, the aim of this study is to provide specific results on entrepreneurial investment decisions for the medical technology sector, which constantly attracted a significant share of European venture capital. The research used semi-structured interviews with 39 venture capitalists and experts. The results show that venture capitalists prefer to invest in companies which develop products for treating and diagnosing diseases showing a high prevalence and large market volumes, such as cardiovascular, metabolic and neurological diseases, and orthopaedic disorders. The study confirms that venture capitalists use a number of industry-specific criteria highly relevant in a changing business environment. These include a high medical need for the product, availability of clinical data, stage of European Conformity approval, high probability of receiving reimbursement from health insurances, medical key opinion leaders supporting technology, management’s regulatory experience and their communication ability with doctors and key opinion leaders.

  11. Investment inefficiency and the adoption of eco-innovations: The case of household energy efficiency technologies

    International Nuclear Information System (INIS)

    Diaz-Rainey, Ivan; Ashton, John K.

    2015-01-01

    This paper examines the factors determining household adoption of energy efficiency eco-innovations. We do so by testing hypotheses grounded in diffusion and finance theory and the literature on the barriers to energy efficiency. Using two large surveys of UK households, we explore the adoption of nine technologies. Our results indicate ‘investment inefficiency’ amongst household adopters occurs for two reasons. First, contrary to notions of rational choice, we find a negative relationship between the investment return of technologies and their level of diffusion. Second, we show adopters of these technologies display characteristics broadly consistent with diffusion theory, contradicting the prediction of finance theory that investment return, not individual characteristics, should drive adoption. We also find that policy has played a role in inducing the diffusion of these technologies and that tenure and spill-over effects are important in adoption. Finally, adoption is motivated more by a desire to save money than by environmental concern. We conclude by giving examples of how our research can lead to better policy timing and targeting. -- Highlights: •We explore the factors driving household adoption of energy efficiency technologies. •We employ two high quality nationally representative cross sectional surveys. •There is a negative relationship between investment return and level of diffusion. •Adopters display characteristics broadly consistent with diffusion theory. •Policy interventions, tenure effects and spill-over effects also influence adoption

  12. Enabling Telescopes of the Future: Long-Range Technology Investing

    Science.gov (United States)

    Thronson, Harley

    2004-01-01

    The Office of Space Science at NASA Headquarters has a current staff of about 60 professionals (aka, scientists, engineers, budget analysts) and an annual budget of $2.5 B out of NASA s $15.0 B. About 35 missions or programs in various stages of development or operation are managed by OSS, notable among them are Hubble Space Telescope, Mars Global Surveyor, Mars 2001 Odyssey, Chandra X-ray Observatory, TRACE (solar observatory), Cassini (mission to Saturn), Galileo (mission at Jupiter), and Next Generation Space Telescope. OSS has an annual technology budget of several hundred million dollars. So, what is it that we are doing?

  13. Heat savings and heat generation technologies: Modelling of residential investment behaviour with local health costs

    International Nuclear Information System (INIS)

    Zvingilaite, Erika; Klinge Jacobsen, Henrik

    2015-01-01

    The trade-off between investing in energy savings and investing in individual heating technologies with high investment and low variable costs in single family houses is modelled for a number of building and consumer categories in Denmark. For each group the private economic cost of providing heating comfort is minimised. The private solution may deviate from the socio-economical optimal solution and we suggest changes to policy to incentivise the individuals to make choices more in line with the socio-economic optimal mix of energy savings and technologies. The households can combine their primary heating source with secondary heating e.g. a woodstove. This choice results in increased indoor air pollution with fine particles causing health effects. We integrate health cost due to use of woodstoves into household optimisation of heating expenditures. The results show that due to a combination of low costs of primary fuel and low environmental performance of woodstoves today, included health costs lead to decreased use of secondary heating. Overall the interdependence of heat generation technology- and heat saving-choice is significant. The total optimal level of heat savings for private consumers decrease by 66% when all have the option to shift to the technology with lowest variable costs. - Highlights: • Heat saving investment and heat technology choice are interdependent. • Health damage costs should be included in private heating choice optimisation. • Flexibility in heating technology choice reduce the optimal level of saving investments. • Models of private and socioeconomic optimal heating produce different technology mix. • Rebound effects are moderate but varies greatly among consumer categories

  14. Residential Customer Enrollment in Time-based Rate and Enabling Technology Programs: Smart Grid Investment Grant Consumer Behavior Study Analysis

    Energy Technology Data Exchange (ETDEWEB)

    Todd, Annika [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Cappers, Peter [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Goldman, Charles [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

    2013-05-01

    The U.S. Department of Energy’s (DOE’s) Smart Grid Investment Grant (SGIG) program is working with a subset of the 99 SGIG projects undertaking Consumer Behavior Studies (CBS), which examine the response of mass market consumers (i.e., residential and small commercial customers) to time-varying electricity prices (referred to herein as time-based rate programs) in conjunction with the deployment of advanced metering infrastructure (AMI) and associated technologies. The effort presents an opportunity to advance the electric industry’s understanding of consumer behavior.

  15. Study on optimized decision-making model of offshore wind power projects investment

    Science.gov (United States)

    Zhao, Tian; Yang, Shangdong; Gao, Guowei; Ma, Li

    2018-02-01

    China’s offshore wind energy is of great potential and plays an important role in promoting China’s energy structure adjustment. However, the current development of offshore wind power in China is inadequate, and is much less developed than that of onshore wind power. On the basis of considering all kinds of risks faced by offshore wind power development, an optimized model of offshore wind power investment decision is established in this paper by proposing the risk-benefit assessment method. To prove the practicability of this method in improving the selection of wind power projects, python programming is used to simulate the investment analysis of a large number of projects. Therefore, the paper is dedicated to provide decision-making support for the sound development of offshore wind power industry.

  16. Causal Models for Safety Assurance Technologies Project

    Data.gov (United States)

    National Aeronautics and Space Administration — Fulfillment of NASA's System-Wide Safety and Assurance Technology (SSAT) project at NASA requires leveraging vast amounts of data into actionable knowledge. Models...

  17. Correlationally Assessing the Relationship of Information Technology Investments in Electronic Medical Records to Business Value

    Science.gov (United States)

    Richardson, Daniel J.

    2009-01-01

    The lag in information exchange and assimilation adoption experienced by modern primary care physicians in the conduct of evidence based medicine may be affecting health care system productivity and patient quality of care. Further, interest in whether or not information technology (IT) investments show an increase in business value has increased…

  18. 77 FR 5865 - American Unity Investments, Inc., China Display Technologies, Inc., China Wind Energy, Inc., Fuda...

    Science.gov (United States)

    2012-02-06

    ... SECURITIES AND EXCHANGE COMMISSION [File No. 500-1] American Unity Investments, Inc., China Display Technologies, Inc., China Wind Energy, Inc., Fuda Faucet Works, Inc., Greater China Media... concerning the securities of China Wind Energy, Inc. because it has not filed any periodic reports since the...

  19. Investigations of Properties of Wax Mixtures Used in the Investment Casting Technology – New Investigation Methods

    Directory of Open Access Journals (Sweden)

    J. Zych

    2012-09-01

    Full Text Available The results of testing of the selected group of wax mixtures used in the investment casting technology, are presented in the paper. Themeasurements of the kinetics of the mixtures shrinkage and changes of viscous-plastic properties as a temperature function wereperformed. The temperature influence on bending strength of wax mixtures was determined.

  20. Russia's projects and investments in Central Asia: the oil and gas industry

    OpenAIRE

    Paramonov, Vladimir; Strokov, Aleksei

    2008-01-01

    In the 1990s, Russia's projects and investments in the Central Asian oil and gas industry were mainly concentrated in Kazakhstan, while its interest in other states of the region were minimal. When Vladimir Putin became Russian president in 2000 and the price of hydrocarbons steadily rose, Central Asia's importance abruptly increased. This caused the Russian Federation and Russian oil and gas companies to drastically step up their activity not only in Kazakhstan, but also in Turkmenistan and ...

  1. Towards a more investment friendly economic incentive regime for offshore infrastructure projects

    OpenAIRE

    BHAGWAT, Pradyumna; LIND, Leandro

    2018-01-01

    Offshore infrastructure projects will play a key role in enabling the EU to meet its renewable energy goals. Therefore, effective economic incentives must be in place to ensure adequate investments. • Since the liberalisation of the power sector, the use of ‘incentive regulation’ has become a standard practice among European regulators. This TSO incentive regulation is done in a ‘portfolio’ fashion. • In the countries analysed, different risk/remuneration profiles are set according to the gen...

  2. An average-based accounting approach to capital asset investments: The case of project finance

    OpenAIRE

    Carlo Alberto Magni

    2014-01-01

    Literature and textbooks on capital budgeting endorse Net Present Value (NPV) and generally treat accounting rates of return as not being reliable tools. This paper shows that accounting numbers can be reconciled with NPV and fruitfully employed in real-life applications. Focusing on project finance transactions, an Average Return On Investment (AROI) is drawn from the pro forma financial statements, obtained as the ratio of aggregate income to aggregate book value. It is shown that such a me...

  3. REAL OPTIONS ANALYSIS – ASSESSMENT METHOD OF INVESTMENT PROJECTS IN GREEN ENERGY

    Directory of Open Access Journals (Sweden)

    MAFTEI DANIEL

    2014-10-01

    Full Text Available This article highlights the importance of real options as a evaluation method of investment in green energy. Article consider several theoretical and practical approaches, the analysis based on real options by many authors who have theorized and used this method. Each approach provides a operationalisation through a steps series of specific evaluation. This paper highlights the different views: academics, financiers, managers and facilitates the access to an accurate evaluation decisions of projects.

  4. Assessing the Option to Abandon an Investment Project by the Binomial Options Pricing Model

    Directory of Open Access Journals (Sweden)

    Salvador Cruz Rambaud

    2016-01-01

    Full Text Available Usually, traditional methods for investment project appraisal such as the net present value (hereinafter NPV do not incorporate in their values the operational flexibility offered by including a real option included in the project. In this paper, real options, and more specifically the option to abandon, are analysed as a complement to cash flow sequence which quantifies the project. In this way, by considering the existing analogy with financial options, a mathematical expression is derived by using the binomial options pricing model. This methodology provides the value of the option to abandon the project within one, two, and in general n periods. Therefore, this paper aims to be a useful tool in determining the value of the option to abandon according to its residual value, thus making easier the control of the uncertainty element within the project.

  5. ON THE QUESTION OF CORPORATE FUNDING IMPLEMENTATION OF EXPLORATION AND PRODUCTION INVESTMENT PROJECTS

    Directory of Open Access Journals (Sweden)

    Voronin D. M.

    2016-03-01

    Full Text Available As part of the research, the content of the required theoretical and methodological tools in the field of corporate finance investment projects of exploration and production of hydrocarbons described. Indicated cash flow characteristics of such projects in accordance with the phases of the project, identified the risks associated with cash flows. In practical terms, the proposed approach to the financing of projects includes sequential algorithm deciding on the implementation of funding is considered on case studies and can be used in the process of financial planning oil and gas companies, in building policy project financing, corporate procedures and regulations. In solving problems of theoretical and applied scientific methods used in the study, including methods of logical, comparative and systematic analysis, as well as methods of economic-mathematical modeling.

  6. Minimizing Investment Risk of Integrated Rail and Transit-Oriented-Development Projects over Years in a Linear Monocentric City

    Directory of Open Access Journals (Sweden)

    Ding Liu

    2016-01-01

    Full Text Available Rail and transit-oriented-development (TOD projects are simultaneously optimized in this paper, with special consideration given to yearly variation and spatial and temporal correlation of population densities. In the proposed model, the objective is to minimize the investment risk of integrated rail and TOD projects with a given required expected return on investment. The investment risk is optimized based on closed-form solutions of the design variables, including rail line length, the number of TOD projects, and the number of housing units in each TOD project. The closed-form solutions are given explicitly under the assumption of social welfare maximization. It is found that underestimation exists for rail and TOD projects without consideration of the correlation of spatial and temporal population densities. TOD projects can greatly improve the return on investment of the rail operator. A numerical example is also presented.

  7. Capacity Mapping: R&D investment in SET-Plan technologies

    OpenAIRE

    CORSATEA TEODORA; FIORINI ALESSANDRO; GEORGAKAKI Aliki; LEPSA BIANCA-NICOLE

    2015-01-01

    SETIS (Strategic Energy Technologies Information System) is the European Commission’s information system for the SET-Plan. It makes the case for technology options and priorities, monitors and reviews progress regarding implementation, assesses the impact on policy and identifies corrective measures if needed. Therefore, part of the broad scope of the SET-Plan focuses on capacities mapping, which aims to provide an assessment of public and corporate R&D investment in low-carbon energy technol...

  8. A research proposal for investigating the effect of foreign direct investments on technology transfer in the Arabian Gulf (GCC)

    Science.gov (United States)

    Tahat, Kaher; Whelan, Susan

    2015-02-01

    In terms of hosting countries perspectives, Foreign Direct Investments (FDI) could have a positive effect on its developing economy, by transferring, both: resources of finance in addition to the international technology (ITT) (Choi, 1997). Multinational companies (MNC) are engaging in the transferring of the new technology, internally as well as licensing older one; they create "Spillover" (Knowledge) for facilitating the transfer of ITT in line with geographical location, period of investment, and the type of industry. Furthermore, the effect of these spillovers depends on the level of transferring this knowledge based on FDI attraction policies of the host country (Huang, 2009). Considering the Arabian Gulf council countries (GCC) as "FDI- rich hosting countries", who are not seeking for financial resources, i.e., they already have a huge financial capacity for funding their different projects, even though FDI has been powerfully presented in GCC . They saw noticeable increases in FDI inflows beginning in 2002, (www.unctad.org.fdistatistics). Therefore by assumption, FDI inflows to GCC could positively affect their economic growth through transferring the advanced technology, in order to build up their level of technology (productivity growth) as well as their economic diversification strategy. If so how this Knowledge could be diffused and measured in order to maximize its benefit and enhancing the productivity growth, and what is the current status of (GCC).

  9. Review of NASA In-Space Propulsion Technology Program Inflatable Decelerator Investments

    Science.gov (United States)

    Richardson, E. H.; Mnk, M. M.; James, B. F.; Moon, S. A.

    2005-01-01

    The NASA In-Space Propulsion Technology (ISPT) Program is managed by the NASA Headquarters Science Mission Directorate and is implemented by the Marshall Space Flight Center in Huntsville, Alabama. The ISPT objective is to fund development of promising in-space propulsion technologies that can decrease flight times, decrease cost, or increase delivered payload mass for future science missions. Before ISPT will invest in a technology, the Technology Readiness Level (TRL) of the concept must be estimated to be at TRL 3. A TRL 3 signifies that the technical community agrees that the feasibility of the concept has been proven through experiment or analysis. One of the highest priority technology investments for ISPT is Aerocapture. The aerocapture maneuver uses a planetary atmosphere to reduce or alter the speed of a vehicle allowing for quick, propellantless (or using very little propellant) orbit capture. The atmosphere is used as a brake, transferring the energy associated with the vehicle's high speed into thermal energy. The ISPT Aerocapture Technology Area (ATA) is currently investing in the development of advanced lightweight ablative thermal protection systems, high temperature composite structures, and heat-flux sensors for rigid aeroshells. The heritage of rigid aeroshells extends back to the Apollo era and this technology will most likely be used by the first generation aerocapture vehicle. As a second generation aerocapture technology, ISPT is investing in three inflatable aerodynamic decelerator concepts for planetary aerocapture. They are: trailing ballute (balloon-parachute), attached afterbody ballute, and an inflatable aeroshell. ISPT also leverages the NASA Small Business Innovative Research Program for additional inflatable decelerator technology development. In mid-2004 ISPT requested an independent review of the three inflatable decelerator technologies funded directly by ISPT to validate the TRL and to identify technology maturation concerns. An

  10. Operation algorithm of the information system of improving organizational and technological reliability of construction projects using energy efficient technologies

    Directory of Open Access Journals (Sweden)

    Ginzburg Aleksandr Vital’evich

    2016-10-01

    Full Text Available The main source for the development of construction projects with energy-efficient technologies in use is investments. The traditional approaches of risk management: insurance, diversification and redundancy only raise the cost of the construction project, which has a negative impact on the investor’s decision to invest. In order to solve this problem an information system has been developed, which is based on the principle of insightful analysis of the potential “pure” risks and a list of recommendations of risk management. This tool allows identifying all the weaknesses of a construction project, improving the organizational and technological reliability, and imparting an understanding to the investor / a customer of the resources required for the project implementation.

  11. Optimal Selection Method for Investment Project Investicinių projektų optimalios atrankos metodas

    Directory of Open Access Journals (Sweden)

    Vytautas Jonas Žilinskas

    2011-02-01

    Full Text Available

    Under the modern world market conditions the investment activity of enterprises is increasing. Therefore, one of the main aspects of the investment activity guarantee is a selection and apprehension of the main principles of the investment control and possi-bilities of different uses of the investment instruments. For the optimum selection of the investment projects it is suggested to use a formalistic experimental author’s modified method of priority allocation and selection, which gives an opportunity to evaluate the investment project according to different partial criteria and their meaning of importance. Working out this way a complex evaluation of each chosen investment project is obtai-ned. Using the suggested MPSP (modified method of priority allocation and selection the investment projects are evaluated with qualitative and quantitative criteria. So this method can be used when qualitative criteria of evaluation are predominated. Formalis-tic methods of analysis cannot be used to establish quantitative criteria and those small projects when it is relatively too expensive to apply other usual methods of the financial economic analysis. Method MPSP selection is universal and ordinary so it can be used to establish the efficiency of different projects, to classify projects, to model the strategy of the state economy. If you like to control the realization of the chosen investment project more effectively and rationally it is suggested to use PERT (Program Evaluation and Review Technique.The main control elements of the investment project are reviewed in the article using PERT which is useful to draw up an optimistic reticular schedule of the investment work implementation.

  12. Selection of priority investment projects for the development of the Russian Arctic

    Science.gov (United States)

    Novoselov, A.; Potravny, I.; Novoselova, I.; Gassiy, V.

    2017-12-01

    In the Russian Arctic, there is currently an active process of preparation and implementation of investment projects aiming to extract natural resources, with the aim of sustainable socioeconomic development of the region. These projects are associated with the development of key zones in the Arctic and involve the exploration for and production of minerals (diamonds, gold, rare-earth metals, oil, and gas) and the development of energy and infrastructure (e.g., the Northern Sea Route). Such projects, which are often carried out in territories of traditional nature management belonging to the indigenous peoples of the North, must consider their environmental and social responsibility and the preservation of the ethnic identity and culture of indigenous peoples. The extraction of mineral deposits in the Arctic and the Far North places new demands on subsoil users, related to the preservation and development of the socio-cultural environment of the indigenous peoples of the North and to the ecological rehabilitation of the area. This article presents economic and mathematical models for selecting the optimal development project options based on the pairwise comparison of investment projects and the evaluation of indigenous peoples' preferences. We investigated the investment projects' impact on traditional territories in the Arctic, including the Republic of Sakha (Yakutia), in terms of socioeconomic and ethnological development, and environmental change. The suggested system of models can be used to assess the priority of projects supporting and developing the region in the mining corporation's area of responsibility. The proposed models are based on fuzzy set theory, which provides an effective assessment of the population's preferences for projects. Data are processed using the hierarchy analysis method and multivariate optimization calculations to determine the project sets at different funding levels. The creation of information-linked processing models is

  13. Project Investment and Project Financing: A study on Business Case and Financing Models

    OpenAIRE

    Wang, Simiao

    2012-01-01

    Uncertainty is a very significant factor that must be taken into consideration in project front-end phase management. By taking into uncertainty, the planners can to a great extent make sure that the business case could be accurate between specific intervals, hence business case can be based on to make decision. In a highly uncertain environment; the project sponsors should prefer other means to finance the project rather than using debt. Risk management is extremely important in project fina...

  14. The ITER project technological challenges

    CERN Multimedia

    CERN. Geneva; Lister, Joseph; Marquina, Miguel A; Todesco, Ezio

    2005-01-01

    The first lecture reminds us of the ITER challenges, presents hard engineering problems, typically due to mechanical forces and thermal loads and identifies where the physics uncertainties play a significant role in the engineering requirements. The second lecture presents soft engineering problems of measuring the plasma parameters, feedback control of the plasma and handling the physics data flow and slow controls data flow from a large experiment like ITER. The last three lectures focus on superconductors for fusion. The third lecture reviews the design criteria and manufacturing methods for 6 milestone-conductors of large fusion devices (T-7, T-15, Tore Supra, LHD, W-7X, ITER). The evolution of the designer approach and the available technologies are critically discussed. The fourth lecture is devoted to the issue of performance prediction, from a superconducting wire to a large size conductor. The role of scaling laws, self-field, current distribution, voltage-current characteristic and transposition are...

  15. Ceramic technology for advanced heat engines project

    Energy Technology Data Exchange (ETDEWEB)

    1990-09-01

    The Ceramic Technology for Advanced Heat Engines Project was developed by the Department of Energy's Office of Transportation Systems in Conservation and Renewable Energy. This project was developed to meet the ceramic technology requirements of the OTT's automotive technology programs. This project is managed by ORNL and is closely coordinated with complementary ceramics tasks funded by other DOE offices, NASA, DoD, and industry. Research is discussed under the following topics; Turbomilling of SiC Whiskers; microwave sintering of silicon nitride; and milling characterization; processing of monolithics; silicon nitride matrix; oxide matrix; silicate matrix; thermal and wear coatings; joining; design; contact interfaces; time-dependent behavior; environmental effects; fracture mechanics; nondestructive evaluation; and technology transfer. References, figures, and tables are included with each topic.

  16. CONSIDERATIONS ON THE METHODOLOGY FOR IDENTIFYING AND PRIORITIZING PUBLIC INVESTMENT PROJECTS IN ROMANIA

    Directory of Open Access Journals (Sweden)

    Marilena BOGHEANU

    2012-01-01

    Full Text Available The optimization of the investment project pipeline of public administration is a key issue for member states, including Romania, in the current European Union policy. Solving this problem depends largely on the establishment of an appropriate methodological framework for identifying and prioritizing projects and development programs. Based on the new requirements imposed by the European Commission for the next financial cycle 2014-2020, in this article we propose solutions for improving the methodological framework by establishing general and specific criteria for evaluating projects, especially in the ex-ante stage.Our research is based on critical analysis of the current situation, including sample survey. The results obtained were materialized in an improved methodology for selecting and prioritizing projects that can contribute to a stable and uniform mechanism for planning at local level.

  17. Selection of Investment Projects by Monte Carlo Method in Risk Condition

    Directory of Open Access Journals (Sweden)

    M. E.

    2017-12-01

    Full Text Available The Monte Carlo method (also known as the Monte Carlo simulation was proposed by Nicholas Metropolis, S. Ulam and Jhon Von Neiman in 50-th years of the past century. The method can be widely applied to analysis of investment projects due to the advantages recognized both by practitioners and the academic community. The balance model of a project with discounted financial flows has been implemented for Microsoft Excel and Google Docs spread-sheet solutions. The Monte Carlo method for project with low and high correlated net present value (NPV parameters in the environment of the electronic tables of MS Excel/Google Docs. A distinct graduation of risk was identified. A necessity of account of correlation effects and the use of multivariate imitation during the project selection has been demonstrated.

  18. A Duopoly Manufacturers’ Game Model Considering Green Technology Investment under a Cap-and-Trade System

    Directory of Open Access Journals (Sweden)

    Yi Zheng

    2018-03-01

    Full Text Available This research studied the duopoly manufacturers’ decision-making considering green technology investment and under a cap-and-trade system. It was assumed there were two manufacturers producing products which were substitutable for one another. On the basis of this assumption, the optimal production capacity, price, and green technology investment of the duopoly manufacturers under a cap-and-trade system were obtained. The increase or decrease of the optimal production quantity of the duopoly manufacturers under a cap-and-trade system was decided by their green technology level. The increase of the optimal price as well as the increase or decrease of the maximum expected profits were decided by the initial carbon emission quota granted by the government. Our research indicates that the carbon emission of unit product is inversely proportional to the market share of an enterprise and becomes an important index to measure the core competitiveness of an enterprise.

  19. Project inspection using mobile technology - phase II : assessing the impacts of mobile technology on project inspection.

    Science.gov (United States)

    2015-01-01

    As mobile technology becomes widely available and affordable, transportation agencies can use this : technology to streamline operations involved within project inspection. This research, conducted in two : phases, identified opportunities for proces...

  20. Technology Management on Large Construction Projects

    DEFF Research Database (Denmark)

    Bonke, Sten

    The aim of this text is to discuss and to develop the concept of technology management in relation to the empirical field of construction projects. In the first of the two main sections central theories and their derived assertions concerning technology management criteria are summed up...... Fixed Link construction project. Finally on this basis the concluding remarks are pointing to the main theoretical problems and their practical implementations for the introduction of a technology management discipline in construction....... in a schematic theoretical framework. Hereafter the general characteristics of construction are examined from the point of view of serving as an empirical field for technology management analysis. In the second section the technology management theme is associated with the empirical properties of the Great Belt...

  1. Technology integration project: Environmental Restoration Technologies Department Sandia National Laboratories

    Energy Technology Data Exchange (ETDEWEB)

    Williams, C.V.; Burford, T.D. [Sandia National Labs., Albuquerque, NM (United States). Environmental Restoration Technologies; Allen, C.A. [Tech Reps, Inc., Albuquerque, NM (United States)

    1996-08-01

    Sandia National Laboratories Environmental Restoration Technologies Department is developing environmental restoration technologies through funding form the US Department of Energy`s (DOE`s) Office of Science and Technology. Initially, this technology development has been through the Mixed Waste Landfill Integrated Demonstration (MWLID). It is currently being developed through the Contaminant Plume containment and Remediation Focus Area, the Landfill Stabilization Focus Area, and the Characterization, Monitoring, and Sensor Cross-Cutting Program. This Technology Integration Project (TIP) was responsible for transferring MWLID-developed technologies for routine use by environmental restoration groups throughout the DOE complex and commercializing these technologies to the private sector. The MWLID`s technology transfer/commercialization successes were achieved by involving private industry in development, demonstration, and technology transfer/commercialization activities; gathering and disseminating information about MWLID activities and technologies; and promoting stakeholder and regulatory involvement. From FY91 through FY95, 30 Technical Task Plans (TTPs) were funded. From these TTPs, the MWLID can claim 15 technology transfer/commercialization successes. Another seven technology transfer/commercialization successes are expected. With the changeover to the focus areas, the TIP continued the technology transfer/commercialization efforts begun under the MWLID.

  2. Technology integration project: Environmental Restoration Technologies Department Sandia National Laboratories

    International Nuclear Information System (INIS)

    Williams, C.V.; Burford, T.D.

    1996-08-01

    Sandia National Laboratories Environmental Restoration Technologies Department is developing environmental restoration technologies through funding form the US Department of Energy's (DOE's) Office of Science and Technology. Initially, this technology development has been through the Mixed Waste Landfill Integrated Demonstration (MWLID). It is currently being developed through the Contaminant Plume containment and Remediation Focus Area, the Landfill Stabilization Focus Area, and the Characterization, Monitoring, and Sensor Cross-Cutting Program. This Technology Integration Project (TIP) was responsible for transferring MWLID-developed technologies for routine use by environmental restoration groups throughout the DOE complex and commercializing these technologies to the private sector. The MWLID's technology transfer/commercialization successes were achieved by involving private industry in development, demonstration, and technology transfer/commercialization activities; gathering and disseminating information about MWLID activities and technologies; and promoting stakeholder and regulatory involvement. From FY91 through FY95, 30 Technical Task Plans (TTPs) were funded. From these TTPs, the MWLID can claim 15 technology transfer/commercialization successes. Another seven technology transfer/commercialization successes are expected. With the changeover to the focus areas, the TIP continued the technology transfer/commercialization efforts begun under the MWLID

  3. Canadian Fusion Fuels Technology Project activities report

    International Nuclear Information System (INIS)

    1985-01-01

    The Canadian Fusion Fuels Technology Project was formally established in 1982. The project is directed toward the further development of Canadian capabilities in five major areas: tritium technology, breeder technology, materials technology, equipment development and safety and the environment. The project is funded by three partners - Government of Canada (50%), Ontario Provincial Government (25%) and Ontario Hydro (25%). The fiscal year 1984/85 represents the third year of operation of the project. In 1984/85, 108 contracts were awarded totalling $4 million. Supplementary funding by subcontractors added approximately $1.9 million to the total project value. More than 200 people participated in the technical work involved in the project. Sixteen people were on attachment to foreign facilities for terms ranging from 1 month to 2.5 years. Five patents were applied for including a tritium discrimination monitor, a new radio-chemical tritium separation method, a new variation of fuel cleanup by gas chromatography, a passive tritium permeation system using bimetallic membranes, and a new breeder process using lithium salts dissolved in heavy water

  4. Projection display technologies for the new millennium

    Science.gov (United States)

    Kahn, Frederic J.

    2000-04-01

    Although analog CRTs continue to enable most of the world's electronic projection displays such as US consumer rear projection televisions, discrete pixel (digital) active matrix LCD and DLP reflective mirror array projectors have rapidly created large nonconsumer markets--primarily for business. Recent advances in image quality, compactness and cost effectiveness of digital projectors have the potential to revolutionize major consumer and entertainment markets as well. Digital penetration of the mainstream consumer projection TV market will begin in the hear 2000. By 2005 digital projection HDTVs could take the major share of the consumer HDTV projection market. Digital projection is expected to dominate both the consumer HDTV and the cinema market by 2010, resulting in potential shipments for all projection markets exceeding 10 M units per year. Digital projection is improving at a rate 10X faster than analog CRT projectors and 5X faster than PDP flat panels. Continued rapid improvement of digital projection is expected due to its relative immaturity and due to the wide diversity of technological improvements being pursued. Key technology enablers are the imaging panels, light sources and micro-optics. Market shares of single panel projectors, MEMs panels, LCOS panels and low T p-Si TFT LCD panel variants are expected to increase.

  5. Interconnection of the Degree of Risk and Life Cycle of the “Green Construction” Investment Projects

    Directory of Open Access Journals (Sweden)

    Lepehova Natalia

    2017-01-01

    Full Text Available This article analyses interconnection of the degree of risk and the life cycle of the “green building” investment projects, which is structured according to the life cycle. Main stages of the implementation of investment and construction project were considered, interconnection of the project life cycle and the level of project risk were presented in the form of graphical model, proposed a mathematical model of the risk calculation at different stages of the project life cycle, which is a function of depending on the different risk parameters.

  6. Opportunities and Challenges of Large Investment Projects in the New Economy: the Port of Ust-Luga

    Directory of Open Access Journals (Sweden)

    Popodko Galina

    2015-09-01

    Full Text Available The aim of this study is to search for a mechanism for implementing large investment projects of crucial economic importance in the modern economic conditions characterized by the sanction policy of foreign states, limited public investment, and a mass exodus of foreign investors. An example of a large-scale investment project is the construction of a multipurpose multimodal complex — the commercial seaport of Ust-Luga. This is one of the most recent large projects in seaport infrastructure development. This article estimates the project’s significance for the development of the Baltic region and presents a competitive analysis of the seaport position in comparison to the largest European ports. The authors analyze the strengths of the seaport construction project, namely, the favorable natural environment and climate, advantageous geographical position, strong political will demonstrated by the federal and regional authorities. The article also considers the challenges the project faces — unfortunate geopolitical situation, growing competition from other seaports, and lack of investment. Based on the analysis of challenges, it is concluded that there are significant risks associated predominantly with lack of investment. In these conditions, a large investment project requires the enhancement of public-private partnership, which will ensure the timely implementation of such projects

  7. Decision Analysis Methods Used to Make Appropriate Investments in Human Exploration Capabilities and Technologies

    Science.gov (United States)

    Williams-Byrd, Julie; Arney, Dale C.; Hay, Jason; Reeves, John D.; Craig, Douglas

    2016-01-01

    NASA is transforming human spaceflight. The Agency is shifting from an exploration-based program with human activities in low Earth orbit (LEO) and targeted robotic missions in deep space to a more sustainable and integrated pioneering approach. Through pioneering, NASA seeks to address national goals to develop the capacity for people to work, learn, operate, live, and thrive safely beyond Earth for extended periods of time. However, pioneering space involves daunting technical challenges of transportation, maintaining health, and enabling crew productivity for long durations in remote, hostile, and alien environments. Prudent investments in capability and technology developments, based on mission need, are critical for enabling a campaign of human exploration missions. There are a wide variety of capabilities and technologies that could enable these missions, so it is a major challenge for NASA's Human Exploration and Operations Mission Directorate (HEOMD) to make knowledgeable portfolio decisions. It is critical for this pioneering initiative that these investment decisions are informed with a prioritization process that is robust and defensible. It is NASA's role to invest in targeted technologies and capabilities that would enable exploration missions even though specific requirements have not been identified. To inform these investments decisions, NASA's HEOMD has supported a variety of analysis activities that prioritize capabilities and technologies. These activities are often based on input from subject matter experts within the NASA community who understand the technical challenges of enabling human exploration missions. This paper will review a variety of processes and methods that NASA has used to prioritize and rank capabilities and technologies applicable to human space exploration. The paper will show the similarities in the various processes and showcase instances were customer specified priorities force modifications to the process. Specifically

  8. Pilot Project Technology Business Case: Mobile Work Packages

    Energy Technology Data Exchange (ETDEWEB)

    Thomas, Ken [Idaho National Lab. (INL), Idaho Falls, ID (United States); Lawrie, Sean [ScottMadden, Inc., Raleigh, NC (United States); Niedermuller, Josef [ScottMadden, Inc., Raleigh, NC (United States)

    2015-05-01

    Performance advantages of the new pilot project technologies are widely acknowledged, but it has proven difficult for utilities to derive business cases for justifying investment in these new capabilities. Lack of a business case is often cited by utilities as a barrier to pursuing wide-scale application of digital technologies to nuclear plant work activities. The decision to move forward with funding usually hinges on demonstrating actual cost reductions that can be credited to budgets and thereby truly reduce O&M or capital costs. Technology enhancements, while enhancing work methods and making work more efficient, often fail to eliminate workload such that it changes overall staffing and material cost requirements. It is critical to demonstrate cost reductions or impacts on non-cost performance objectives in order for the business case to justify investment by nuclear operators. The Business Case Methodology (BCM) was developed in September of 2015 to frame the benefit side of II&C technologies to address the “benefit” side of the analysis—as opposed to the cost side—and how the organization evaluates discretionary projects (net present value (NPV), accounting effects of taxes, discount rates, etc.). The cost and analysis side is not particularly difficult for the organization and can usually be determined with a fair amount of precision (not withstanding implementation project cost overruns). It is in determining the “benefits” side of the analysis that utilities have more difficulty in technology projects and that is the focus of this methodology. The methodology is presented in the context of the entire process, but the tool provided is limited to determining the organizational benefits only. This report describes a the use of the BCM in building a business case for mobile work packages, which includes computer-based procedures and other automated elements of a work package. Key to those impacts will be identifying where the savings are

  9. Investment in Information and Communication Technology inDeveloping Countries: The Effect of Foreign Direct Investment:Evidences from Sultanate of Oman

    OpenAIRE

    Alraja, Mansour Naser; Hammami, Samir; Samman, Hazem Mohammed Al

    2016-01-01

    Foreign direct investment (FDI) is a crucial tool developing the economy of any country if it is employed in a proper manner. Moreover, foreign direct investment has many effects; and one of them is thriving the information and communication technology (ICT) sector as a pivotal sector which includes four sub-sectors according to the World Bank (ICT Service Exports, ICT Goods Imports, High-Technology Exports and ICT Goods Exports). Hence, the aim of this paper is to identify the influence of f...

  10. Prioritizing Information Technology Investments: Assessing the Correlations among Technological Readiness, Information Technology Flexibility, and Information Technology Effectiveness

    Science.gov (United States)

    Walter, John T.

    2010-01-01

    Management's dilemma, when allocating financial resources towards the improvement of technological readiness and IT flexibility within their organizations, is to control financial risk and maximize IT effectiveness. Technological readiness is people's propensity to embrace and use technology. Its drivers are optimism, innovativeness, discomfort,…

  11. The Canadian Fusion Fuels Technology Project

    International Nuclear Information System (INIS)

    Dautovich, D.P.; Gierszewski, P.J.; Wong, K.Y.; Stasko, R.R.; Burnham, C.D.

    1987-04-01

    The Canadian Fusion Fuels Technology Project (CFFTP) is a national project whose aim is to develop capability in tritium and robotics technologies for application to international fusion development programs. Activities over the first five years have brought substantial interaction with the world's leading projects such as Tokamak Fusion Test Reactor (TFTR), the Joint European Torus (JET), and the Next European Torus (NET), Canadian R and D and engineering services, and hardware are in demand as these major projects prepare for tritium operation leading to the demonstration of energy breakeven around 1990. Global planning is underway for the next generation ignition experiment. It is anticipated this will provide increased opportunity for CFFTP and its contractors among industry, universities and governmental laboratories

  12. Do Short-Term Managerial Objectives Lead to Under- or Over-Investment in Long-Term Projects

    OpenAIRE

    Lucian Arye Bebchuk; Lars A. Stole

    1994-01-01

    This paper studies managerial decisions about investment in long-run projects in the presence of imperfect information (the market knows less about such investments than the firm's managers) and short-term managerial objectives (the managers are concerned about the short-term stock price as well as the long-term stock price). Prior work has suggested that imperfect information and short-term managerial objectives induce managers to underinvest in long-run projects. We show that either underin...

  13. Bilişim Teknolojisi Projelerinde Reel Opsiyonlar (Real Options in Information Technology Projects

    Directory of Open Access Journals (Sweden)

    İpek Deveci KOCAKOÇ

    2009-10-01

    Full Text Available Many sources such as the immaturity, complexity and unpredictable evolution of the technologies themselves, and the difficulty of predicting the market demand generally cause uncertainty in the Information Technology (IT projects. Managerial flexibility has value in the context of uncertain IT projects, as management can continuously gather information about uncertain project and market characteristics and, based on this information, change its course of action. As traditional capital budgeting (or project appraisal approaches fail to consider embedded managerial flexibility in projects, the new investment evaluation approach called “real options” has come on the scene recently. “Options thinking,” an emerging investment management philosophy based on the theory of financial options can provide a promising foundation for hedging the risks under uncertainty. This paper aims at analyzing a real IT investment having growth opportunities by using real options approach. Specifically, the value of investing in a software project as well as embedded flexibility in this opportunity is modeled as an option contract. The expected costs required for completing the project and thereafter the resulting asset value are considered as the base-case parameters of this contract. Option values derived from Binomial method are used for evaluating the project and the optimal investment policy is determined based on these values. As a result, it is shown that the value of an IT project having flexibility can differ from one obtained with traditional capital budgeting methods and a rejected project which was seen as unprofitable before can turn a profitable one through embedded flexibilities.

  14. Ceramic Technology for Advanced Heat Engines Project

    Energy Technology Data Exchange (ETDEWEB)

    1989-08-01

    The Ceramic Technology for Advanced Heat Engines Project was developed by the Department of Energy's Office of Transportation Systems (OTS) in Conservation and Renewable Energy. This project, part of the OTS's Advanced Materials Development Program, was developed to meet the ceramic technology requirements of the OTS's automotive technology programs. Significant accomplishments in fabricating ceramic components for the Department of Energy (DOE), National Aeronautics and Space Administration (NASA), and Department of Defense (DoD) advanced heat engine programs have provided evidence that the operation of ceramic parts in high-temperature engine environments is feasible. However, these programs have also demonstrated that additional research is needed in materials and processing development, design methodology, and data base and life prediction before industry will have a sufficient technology base from which to produce reliable cost-effective ceramic engine components commercially.

  15. Overcoming the initial investment hurdle for advanced biofuels. An analysis of biofuel-related risks and their impact on project financing. Report of ELOBIO subtask 7

    International Nuclear Information System (INIS)

    Bole, T.; Londo, M.; Van Stralen, J.; Uslu, A.

    2010-04-01

    The ELOBIO research project aims to develop policies that will help achieve a higher share of biofuels in total transport fuel in a low-disturbing and sustainable way. Workpackage 7 of the ELOBIO project aims at addressing the objective of providing a reliable estimate of the potential and costs of biofuels, given the application of low-disturbing policy measures. More specifically, we seek to evaluate the impact of these biofuel policy measures on the investment climate for second-generation technologies. To this end, we try to answer several sub-questions in a following logical sequence: (1) What are the different factors that contribute to investment risk in biofuels and what are their relative contributions to overall biofuel project risk as perceived by finance providers?; (2) How do these risks translate into cost of capital for different biofuel technologies?; (3) How does cost of capital influence market penetration rates for the different technologies?; and (4) What is the best policy (or policy mix) to overcome the initial investment hurdle for advanced biofuels, thus lowering their cost of capital and achieve wider market deployment?.

  16. Information Technology in Engineering and Project Management

    Directory of Open Access Journals (Sweden)

    Chien-Ho Ko

    2017-01-01

    Full Text Available Information Technology (IT can be regarded as the use of computers to store, analyze, and manipulate data (Daintith, 2009. With the rapid development of personal computers, IT has been widely applied in nearly every field (Davenport, 2013. This issue presents five papers covering engineering and project management, three of which focus on the application of IT to solve engineering and project management issues, while one presents research into public private partnerships, and another into cash flow forecasting.

  17. Calculation of Investments for the Distribution of GPON Technology in the village of Bishtazhin through database

    Directory of Open Access Journals (Sweden)

    MSc. Jusuf Qarkaxhija

    2013-12-01

    Full Text Available According to daily reports, the income from internet services is getting lower each year. Landline phone services are running at a loss,  whereas mobile phone services are getting too mainstream and the only bright spot holding together cable operators (ISP  in positive balance is the income from broadband services (Fast internet, IPTV. Broadband technology is a term that defines multiple methods of information distribution through internet at great speed. Some of the broadband technologies are: optic fiber, coaxial cable, DSL, Wireless, mobile broadband, and satellite connection.  The ultimate goal of any broadband service provider is being able to provide voice, data and the video through a single network, called triple play service. The Internet distribution remains an important issue in Kosovo and particularly in rural zones. Considering the immense development of the technologies and different alternatives that we can face, the goal of this paper is to emphasize the necessity of a forecasting of such investment and to give an experience in this aspect. Because of the fact that in this investment are involved many factors related to population, geographical factors, several technologies and the fact that these factors are in continuously change, the best way is, to store all the data in a database and to use this database for different results. This database helps us to substitute the previous manual calculations with an automatic procedure of calculations. This way of work will improve the work style, having now all the tools to take the right decision about an Internet investment considering all the aspects of this investment.

  18. Foreign direct investment (FDI) in energy/electricity projects in the economies in transition

    International Nuclear Information System (INIS)

    Brendow, K.

    1995-01-01

    Registered foreign direct investments (FDI) in energy/ electricity projects in central and eastern Europe and the CIS are weak and disappointing compared with expectations and business opportunities. In addition, energy FDI is highly concentrated in oil and gas exploration/extraction. FDI opportunities in electricity generation, transmission and distribution while being explored, have not been implemented, mostly for legislation restriction reasons towards foreign participation. The major issue appears to be the extent of privatization of this politically and socially sensitive industry. Progress are made in Hungary, Poland and the Czech Republic. A significant breakthrough depends on political stability, economic recovery and progress in privatization. 2 figs

  19. The Influence of Brexit on the Foreign Direct Investment Projects and Inflows in the United Kingdom

    OpenAIRE

    Simionescu, Mihaela

    2017-01-01

    The main purpose of this study is to assess the impact of Brexit on the foreign direct investment (FDI) in the United Kingdom. As a novelty, compare to previous studies from the literature, the research focused on two proxies for FDI: FDI projects with the associated new and safeguarded jobs and FDI inflows as percent of GDP. Moreover, other methods were used to measure the Brexit impact on the FDI: a gravity model approach based on mixed-effects Poisson models and a counterfactual analysis b...

  20. Lobatto-Milstein Numerical Method in Application of Uncertainty Investment of Solar Power Projects

    Directory of Open Access Journals (Sweden)

    Mahmoud A. Eissa

    2017-01-01

    Full Text Available Recently, there has been a growing interest in the production of electricity from renewable energy sources (RES. The RES investment is characterized by uncertainty, which is long-term, costly and depends on feed-in tariff and support schemes. In this paper, we address the real option valuation (ROV of a solar power plant investment. The real option framework is investigated. This framework considers the renewable certificate price and, further, the cost of delay between establishing and operating the solar power plant. The optimal time of launching the project and assessing the value of the deferred option are discussed. The new three-stage numerical methods are constructed, the Lobatto3C-Milstein (L3CM methods. The numerical methods are integrated with the concept of Black–Scholes option pricing theory and applied in option valuation for solar energy investment with uncertainty. The numerical results of the L3CM, finite difference and Monte Carlo methods are compared to show the efficiency of our methods. Our dataset refers to the Arab Republic of Egypt.

  1. Foreign Direct Investment and the Transfer of Technologies to Angola’s Energy Sector

    Directory of Open Access Journals (Sweden)

    Albert Edgar Manyuchi

    2016-01-01

    Full Text Available The relationship between foreign direct investment (FDI and the transfer of technology is undergoing a great deal of academic scrutiny and policy analysis. A growing body of literature shows that FDI can be a channel by which to transfer and/or acquire technology; however, there is a paucity of empirical studies on this as it relates to African economies. This article seeks to fill some of that gap by focusing on how FDI inflows are contributing to the transfer of technologies specifically into Angola’s energy sector. The analysis is based on qualitative research conducted in Angola in 2014 and reveals that energy production and distribution-technology infrastructure, including machinery and human skills, have been developed largely through FDI inflows. There is, however, no evidence that this FDI has enlarged Angola’s endogenous scientific and technological research capabilities in the energy sector; therefore, policies that promote these capabilities, especially manufacturing capabilities, should be introduced.

  2. A Correlational Study Assessing the Relationships among Information Technology Project Complexity, Project Complication, and Project Success

    Science.gov (United States)

    Williamson, David J.

    2011-01-01

    The specific problem addressed in this study was the low success rate of information technology (IT) projects in the U.S. Due to the abstract nature and inherent complexity of software development, IT projects are among the most complex projects encountered. Most existing schools of project management theory are based on the rational systems…

  3. Ceramic Technology for Advanced Heat Engines Project

    Energy Technology Data Exchange (ETDEWEB)

    1990-08-01

    The Ceramic Technology For Advanced Heat Engines Project was developed by the Department of Energy's Office of Transportation Systems (OTS) in Conservation and Renewable Energy. This project, part of the OTS's Advanced Materials Development Program, was developed to meet the ceramic technology requirements of the OTS's automotive technology programs. Significant accomplishments in fabricating ceramic components for the Department of Energy (DOE), National Aeronautics and Space Administration (NASA), and Department of Defense (DOD) advanced heat engine programs have provided evidence that the operation of ceramic parts in high-temperature engine environments is feasible. However, these programs have also demonstrated that additional research is needed in materials and processing development, design methodology, and data base and life prediction before industry will have a sufficient technology base from which to produce reliable cost-effective ceramic engine components commercially. An assessment of needs was completed, and a five year project plan was developed with extensive input from private industry. The objective of the project is to develop the industrial technology base required for reliable ceramics for application in advanced automotive heat engines. The project approach includes determining the mechanisms controlling reliability, improving processes for fabricating existing ceramics, developing new materials with increased reliability, and testing these materials in simulated engine environments to confirm reliability. Although this is a generic materials project, the focus is on structural ceramics for advanced gas turbine and diesel engines, ceramic hearings and attachments, and ceramic coatings for thermal barrier and wear applications in these engines.

  4. Employee Perception of the Impact of Information Technology Investment in Organisations: a survey of the hotel industry

    OpenAIRE

    Bruce Lo; Cede Sri Darma

    2000-01-01

    To improve their operational efficiency and to maintain their competitiveness in the market place many organisations continue to invest substantially in their Information Technology (IT) capability. But how do the employees themselves view the impact and the value of IT investment? This paper considers this question in the context of the hospitality industry. More specifically, it investigates the different perception of hotel employees on the impact of organisational IT investment on (a) IT ...

  5. Credit constraints, energy management practices, and investments in energy saving technologies: German manufacturing in close-up

    OpenAIRE

    Löschel, Andreas; Lutz, Benjamin Johannes; Massier, Philipp

    2017-01-01

    We analyze the drivers and barriers that influence investments increasing the energy efficiency of firms' production processes or buildings in the German manufacturing sector based on microdata. In particular, we shed light on the relationship between financial barriers (e. g. credit constraints), information and knowledge (e. g. energy management practices), salience of energy-related topics, and the investments in energy saving technologies. A better understanding of firms' investment behav...

  6. JUPITER PROJECT - MERGING INVERSE PROBLEM FORMULATION TECHNOLOGIES

    Science.gov (United States)

    The JUPITER (Joint Universal Parameter IdenTification and Evaluation of Reliability) project seeks to enhance and build on the technology and momentum behind two of the most popular sensitivity analysis, data assessment, calibration, and uncertainty analysis programs used in envi...

  7. Ceramic technology for Advanced Heat Engines Project

    Energy Technology Data Exchange (ETDEWEB)

    Johnson, D.R.

    1991-07-01

    Significant accomplishments in fabricating ceramic components for advanced heat engine programs have provided evidence that the operation of ceramic parts in high-temperature engine environments is feasible. However, these programs have also demonstrated that additional research is needed in materials and processing development, design methodology, and database and life prediction before industry will have a sufficient technology base from which to produce reliable cost-effective ceramic engine components commercially. An assessment of needs was completed, and a five year project plan was developed with extensive input from private industry. The project approach includes determining the mechanisms controlling reliability, improving processes for fabricating existing ceramics, developing new materials with increased reliability, and testing these materials in simulated engine environments to confirm reliability. Although this is a generic materials project, the focus is on the structural ceramics for advanced gas turbine and diesel engines, ceramic bearings and attachments, and ceramic coatings for thermal barrier and wear applications in these engines. To facilitate the rapid transfer of this technology to US industry, the major portion of the work is being done in the ceramic industry, with technological support from government laboratories, other industrial laboratories, and universities. This project is managed by ORNL for the Office of Transportation Technologies, Office of Transportation Materials, and is closely coordinated with complementary ceramics tasks funded by other DOE offices, NASA, DOD, and industry.

  8. Geospatial Technologies: Real Projects in Real Classrooms

    Science.gov (United States)

    Kolvoord, Bob

    2008-01-01

    Geospatial technologies of geographic information systems, global positioning systems, and remote sensing are just a few of the projects that evoke an unexpected drive and devotion from high school students in Virginia. Their integration into different curricular areas lets students focus on understanding their community and the many issues that…

  9. Ceramic Technology For Advanced Heat Engines Project

    Energy Technology Data Exchange (ETDEWEB)

    1990-12-01

    Significant accomplishments in fabricating ceramic components for the Department of Energy (DOE), National Aeronautics and Space Administration (NASA), and Department of Defense (DoD) advanced heat engine programs have provided evidence that the operation of ceramic parts in high-temperature engine environments is feasible. However, these programs have also demonstrated that additional research is needed in materials and processing development, design methodology, and data base and life prediction before industry will have a sufficient technology base from which to produce reliable cost-effective ceramic engine components commercially. The objective of the project is to develop the industrial technology base required for reliable ceramics for application in advanced automotive heat engines. The project approach includes determining the mechanisms controlling reliability, improving processes for fabricating existing ceramics, developing new materials with increased reliability, and testing these materials in simulated engine environments to confirm reliability. Although this is a generic materials project, the focus is on the structural ceramics for advanced gas turbine and diesel engines, ceramic bearings and attachments, and ceramic coatings for thermal barrier and wear applications in these engines. This advanced materials technology is being developed in parallel and close coordination with the ongoing DOE and industry proof of concept engine development programs. To facilitate the rapid transfer of this technology to U.S. industry, the major portion of the work is being done in the ceramic industry, with technological support from government laboratories, other industrial laboratories, and universities. Abstracts prepared for appropriate papers.

  10. Accelerators for the advanced radiation technology project

    International Nuclear Information System (INIS)

    Maruyama, Michio

    1990-01-01

    Ion beam irradiation facilities are now under construction for the advanced radiation technology (ART) project in Takasaki Radiation Chemistry Research Establishment of (Japan Atomic Energy Research Institute) JAERI. The project is intended to make an effective use of ion beams, especially ion beams, in the research field of radiation application technology. The TIARA (Takasaki Ion Accelerators for Advanced Radiation Application) facilities include four ion accelerators to produce almost all kinds of energetic ions in the periodic table. The facilities are also provided with several advanced irradiation means and act as very powerful accelerator complex for material development. Specifically, this report presents an outline of the ART project, features of TIARA as accelerator facilities dedicated to material development, the AVF cyclotron under construction (Sumitomo Heavy Industries, Ltd., Model 930), tandem accelerator, microbeam, and experimental instruments used. (N.K.)

  11. Biologically inspired technologies in NASA's morphing project

    Science.gov (United States)

    McGowan, Anna-Maria R.; Cox, David E.; Lazos, Barry S.; Waszak, Martin R.; Raney, David L.; Siochi, Emilie J.; Pao, S. Paul

    2003-07-01

    For centuries, biology has provided fertile ground for hypothesis, discovery, and inspiration. Time-tested methods used in nature are being used as a basis for several research studies conducted at the NASA Langley Research Center as a part of Morphing Project, which develops and assesses breakthrough vehicle technologies. These studies range from low drag airfoil design guided by marine and avian morphologies to soaring techniques inspired by birds and the study of small flexible wing vehicles. Biology often suggests unconventional yet effective approaches such as non-planar wings, dynamic soaring, exploiting aeroelastic effects, collaborative control, flapping, and fibrous active materials. These approaches and other novel technologies for future flight vehicles are being studied in NASA's Morphing Project. This paper will discuss recent findings in the aeronautics-based, biologically-inspired research in the project.

  12. Revolutionary Aerospace Systems Concepts - Planning for the Future of Technology Investments

    Science.gov (United States)

    Ferebee, Melvin J., Jr.; Breckenridge, Roger A.; Hall, John B., Jr.

    2002-01-01

    In January, 2000, the NASA Administrator gave the following directions to Langley: "We will create a new role for Langley as a leader for the assessment of revolutionary aerospace system concepts and architectures, and provide resources needed to assure technology breakthroughs will be there to support these advanced concepts. This is critical in determining how NASA can best invest its resources to enable future missions." The key objective of the RASC team is to look beyond current research and technology (R&T) programs and missions and evolutionary technology development approaches with a "top-down" perspective to explore possible new mission capabilities. The accomplishment of this objective will allow NASA to provide the ability to go anywhere, anytime - safely, and affordably- to meet its strategic goals for exploration, science, and commercialization. The RASC Team will seek to maximize the cross-Enterprise benefits of these revolutionary capabilities as it defines the revolutionary enabling technology areas and performance levels needed. The product of the RASC Team studies will be revolutionary systems concepts along with enabling technologies and payoffs in new mission capabilities, which these concepts can provide. These results will be delivered to the NASA Enterprises and the NASA Chief Technologist for use in planning revolutionary future NASA R&T program investments.

  13. Investing in mental health and well-being: findings from the DataPrev project

    Science.gov (United States)

    Mcdaid, David; Park, A-La

    2011-01-01

    A systematic review was conducted to determine the extent to which an economic case has been made in high-income countries for investment in interventions to promote mental health and well-being. We focused on areas of interest to the DataPrev project: early years and parenting interventions, actions set in schools and workplaces and measures targeted at older people. Economic evaluations had to have some focus on promotion of mental health and well-being and/or primary prevention of poor mental health through health-related means. Studies preventing exacerbations in existing mental health problems were excluded, with the exception of support for parents with mental health problems, which might indirectly affect the mental health of their children. Overall 47 studies were identified. There was considerable variability in their quality, with a variety of outcome measures and different perspectives: societal, public purse, employer or health system used, making policy comparisons difficult. Caution must therefore be exercised in interpreting results, but the case for investment in parenting and health visitor-related programmes appears most strong, especially when impacts beyond the health sector are taken into account. In the workplace an economic return on investment in a number of comprehensive workplace health promotion programmes and stress management projects (largely in the USA) was reported, while group-based exercise and psychosocial interventions are of potential benefit to older people. Many gaps remain; a key first step would be to make more use of the existence evidence base on effectiveness and model mid- to long-term costs and benefits of action in different contexts and settings. PMID:22079932

  14. Investment opportunity in China's overseas oil project: An empirical analysis based on real option approach

    International Nuclear Information System (INIS)

    Tang, Bao-Jun; Zhou, Hui-Ling; Chen, Hao; Wang, Kai; Cao, Hong

    2017-01-01

    China's overseas oil investments uphold national energy security. Located in the complex international economic and political environment, the benefits of overseas oil projects are affected by various uncertainties. Oil companies call for a set of evaluation method dealing with these uncertainties, especially when encountering low-oil-price conditions. It is much more crucial to answer when to optimally invest rather than whether to invest. This paper analyzes the investment opportunity of an oil project in the development and production phase considering uncertainty, irreversibility and management flexibility. The decision-making process combines Discounted Cash Flow (DCF) method and the trinomial tree model of Real Option Approach (ROA). For practical purposes, tools of hurdle price, cumulative probability and decision tree are adopted. In addition, results of the case project show the economic feasibility at present and optimal start-up timing at the end of 2016. Besides, the lower cost parameters generally make it easier to meet the opportunity. The scenario analysis suggests the higher risk contributes to an earlier start-up. Furthermore, the issues of method applicability, investment signals and decision-lag effects are discussed. - Highlights: • Volatility is combined with fluctuations in oil price, exchange rate and political situation. • Hurdle price is adopted as a critical price to measure investment opportunity. • Scenario analysis suggests the higher risk contribute to earlier investment timing.

  15. Oil and gas investment projects in the frame of the Kyoto protocol flexibility mechanisms in Russia

    International Nuclear Information System (INIS)

    Platonova, A.

    2005-02-01

    This PhD thesis evaluates the perspectives of the oil and gas investment projects in the frame of the Joint Implementation mechanism in Russia. From the energy point of view, the relationships between climate policy and energy systems are described and the main sources of GHG emissions reductions in the Russian oil and gas sector are evaluated. From the environmental point of view, the JI is firstly considered as an economic instrument of the international climate agreements. Secondly, are demonstrated the characteristics of the JI perturbing his efficiency and his capacity to ensure the environmental quality of projects. Based on the specificities of Russian climate policy, two scenarios of its development are proposed to estimate the perspectives of JI in the oil and gas sector in the middle term. (author)

  16. Financing innovative technologies in wind projects

    International Nuclear Information System (INIS)

    Vaughan, C.

    2006-01-01

    Methods of market entry and the financing of new technologies were discussed from the perspective of Clipper Windpower, a wind energy company based in the northeastern United States and Canada. Many new technology companies only consider private equity when seeking financing for new product development. However, financing for projects and products is only the first step to market entry. Wind projects are the financial equivalent of a high yield bond with mechanical risk. Many wind power projects with company equity can also be seen as a long term bond with upside in any given year. It is therefore important for wind developers to seek out strategic buyers for both product development and project development, in addition to finding sources of private equity. Clipper Windpower Inc. has developed a partnership with British Petroleum (BP), who hold an equity interest in the company. Both companies are now partnering on projects with Clipper turbines, and firm orders are in place for 2007 and 2008. As a result of the partnership, Clipper now has increased its financial strength in cash flows, balance sheets, and projected revenue. It was concluded that a successful partnership can increase the scale of wind power development, and bring financial sophistication to smaller companies with limited resources. refs., tabs., figs

  17. Assessment of instruments in facilitating investment in off-grid renewable energy projects

    International Nuclear Information System (INIS)

    Shi, Xunpeng; Liu, Xiying; Yao, Lixia

    2016-01-01

    Renewable off-grid solution plays a critical role in supporting rural electrification. However, off-grid Renewable Energy (OGRE) project financing faces significant challenges due to limited financing access, low affordability of consumers, high transactions costs and etc. Various supporting instruments have been implemented to facilitate OGRE investment. This study assesses the effectiveness of those instruments with a framework consists of three dimensions: feasibility, sustainability and replicability. The weights of each dimension in the framework and the scores of each instrument are assessed by expert surveys based on the Delphi method. It is suggested that all the three dimensions should be taken into consideration while assessing the instruments, among which feasibility and sustainability are considered as the most important dimensions in the assessment framework. Furthermore, the top-5 most effective instruments in facilitating OGRE investment are local engagement in operation and maintenance, loan guarantee, start-up grant, end user financing, and concessional finance. Developing countries that need to increase electrification, such as most of the ASEAN member states, could use these top scored instruments despite of their limited amount of public finance. - Highlights: •Assess the effectiveness of instruments for promoting financing for OGRE projects. •A three-dimension assessment framework: feasibility, sustainability, replicability. •Use online surveys and the Delphi method to collect experts’ assessment. •The most effective instruments: local engagement, loan guarantee, and start-up grant.

  18. The New Mexico Technology Deployment Pilot Project: A technology reinvestment project. Final report

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1996-11-01

    The New Mexico Technology Deployment Project (NMTDP) has been in operation for slightly more than two years. As one of the original TRP projects, NMTDP had the charter to develop and validate a new model for technology extraction which emphasized focused technology collaboration, early industry involvement, and a strong dual use commercialization and productization emphasis. Taken in total, the first two years of the NMTDP have been exceptionally successful, surpassing the goals of the project. This report describes the accomplishments and evolution of the NMTDP to date and discusses the future potential of the project. Despite the end of federal funding, and a subsequent reduction in level of effort, the project partners are committed to continuation of the project.

  19. Some aspects concerning the implementation of a fuel technology project

    International Nuclear Information System (INIS)

    Andreescu, N.; Alecu, M.; Mirion, I.

    1977-01-01

    The nuclear power programme in Romania envisages that until 1990 there will be installed about 6000 MWe in nuclear power plants. In order to put into practice such a nuclear programme there will be necessary high investments, possible to be achieved only by the ever increasing participation of the Romanian industry. With a view to this purpose, the Romanian authorities pay great attention to the research and development of the nuclear fuel manufacturing technology. Some research started in 1968-1969 and was intensified later in 1971 when the Institute for Nuclear Technology was founded and in 1972 when the IAEA-UNDP programme ''Development of Nuclear Technology in Romania'' started. This programme was conceived to deal with; 1. technology of UO2 powder and pellet fabrication; 2. manufacturing technology of fuel rods and bundle; 3. irradiation test of fuel rods; 4. development of various activities connected to fuel technology (thermal transfer loops, corrosion tests, neutronic, thermal and hydrodynamical calculations). Within the IAEA-UNDP project a demonstration facility was installed at INT where a great number of the works, resulting from the above mentioned directions, were performed. As a result of these works, at the end of 1975 in the demonstration facility there were manufactured in a reproducible way fuel rods according to the required specifications. The paper further presents the adopted irradiation testing programme, the out-of-pile testing programme, as well as some performances obtained during the different phases of the whole project. There have been conceived and manufactured some equipment meant for fabrication, tests, or for current control. The paper also shows some aspects connected to the personnel formation, as well as some aspects that will have to be solved in order to make possible the step from the demonstration facility to a fuel plant

  20. California Institute of Technology: Caltech Energy Conservation Investment Program. Green Revolving Funds in Action: Case Study Series

    Science.gov (United States)

    Caine, Rebecca

    2011-01-01

    The Caltech Energy Conservation Investment Program (CECIP) was initiated in 2009. It manages $8 million within an existing fund in the school's endowment, which had been created to finance capital projects. Any member of the Caltech community may submit a project proposal, and projects are considered for approval as long as they have at least a 15…

  1. Supporting Project Work with Information Technology

    DEFF Research Database (Denmark)

    Heilesen, Simon

    2015-01-01

    activities. The second is to direct student use of ICT in terms of making systems available and teaching academic computing. The third challenge is to supervise and conduct project work online and in blended learning environments. Finally, one must find a way to exploit the potentials of ICT in problem...... University problem-oriented project work is based. However, in implementing and integrating the new technologies in academic practices, a number of challenges have had to be addressed. This chapter discusses four of these challenges. The first is to provide a physical and virtual framework for learning...

  2. Supporting Project Work with Information Technology

    DEFF Research Database (Denmark)

    Heilesen, Simon

    2015-01-01

    Like so many other institutions, Roskilde University has had to adapt to the new realities brought about by the rapid developments in information and communication technology (ICT). On the whole, ICT tools have proven to be helpful in supporting and developing the work forms on which Roskilde...... University problem-oriented project work is based. However, in implementing and integrating the new technologies in academic practices, a number of challenges have had to be addressed. This chapter discusses four of these challenges. The first is to provide a physical and virtual framework for learning...

  3. The Plasma Hearth Process Technology Development Project

    International Nuclear Information System (INIS)

    Geimer, R.; Batdorf, J.; Wolfe, P.

    1993-01-01

    The US DOE Office of Technology Development (OTD) is currently evaluating the Plasma Hearth Process (PHP) for potential treatment of several DOE waste types. The PHP is a high-temperature vitrification process that has potential application for a wide range of mixed waste types in both the low-level and transuranic mixed waste categories. The PHP is being tested under both the OTD Mixed Waste Integrated Program and the Buried Waste Integrated Demonstration. Initial testing has been completed on several different surrogate waste forms that are representative of some of the DOE mixed waste streams. Destruction of organic material exceeds that of conventional incineration technologies. The vitrified residual has leaching characteristics comparable to glass formulations produced in the high-level waste program. The first phase of the PHP demonstration project has been successfully completed, and the project is currently beginning a comprehensive second phase of development and testing

  4. Assessment of Non-Financial Criteria in the Selection of Investment Projects for Seed Capital Funding: the Contribution of Scientometrics and Patentometrics

    Directory of Open Access Journals (Sweden)

    Gustavo da Silva Motta

    2012-09-01

    Full Text Available The aim of this article is to assess the potential of using scientometric and patentometric indicators as a way of instrumentalizing the selection process of projects for seed capital funding. There is an increasing interest in technology based enterprises for their capacity to contribute to economic and social development, but there is also some difficulty in assessing non-financial criteria associated with technology for the purposes of financial funding. Thus, this research selected the case of the first enterprise invested in by the largest seed capital fund in Brazil, in order to create scientific and technological indicators and to assess the extent to which these indicators may contribute to understanding the market potential of the technology once it is assessed. It was concluded that scientometric and patentometric indicators favour the assessment process for non-financial criteria, in particular those criteria dealt with in this study: technology, market, divestment, and team.

  5. Manufacturing Methods and Technology Project Summary Reports.

    Science.gov (United States)

    1983-12-01

    to be not feasible. _ Inductoslag Remelting - The effect of the layering of the chips in the molten salt could not be overcome irrespective of long...Manufacturing ME-20 Processes for Depleted Uranium Large Caliber Armor Defeating Projectiles *_o" "-g _ "...• %...- "% "%’.-- % U W C . . C...TECHNOLOGY PROJICT SUIUARY R -PO RT (iCS DROIT-302) MMT Projects 576, 77, 78, and 79 6634 titled "Manufacturing Processes for Depleted Uranium Large

  6. Manufacturing Methods and Technology Project Summary Reports.

    Science.gov (United States)

    1980-12-01

    sulfuric acid with organic modifiers were examined. Aluminum alloys which were processed included the 1100, 2024, 3003, 5052 , 6061, and 7075 series. The...and 772 3500 - Extrusion Technology for High 156 Strength Aluminum Bridge Deck Components Project E75 3552 - Improved Aluminum Alloy Welding Filler...that a 7075-type aluminum alloy which was much tougher than commercially available alloys , could be produced using a certain thermal-mechanical

  7. Investing in New Technology in Pulmonary Medicine: Navigating the Tortuous Path to Success.

    Science.gov (United States)

    Kruklitis, Robert; French, Kim; Cangelosi, Michael Joseph; Kovitz, Kevin L

    2017-09-01

    The introduction of new technologies offers the promise to advance medicine. This occurs alongside improved efforts to control costs of health care by hospital administrators, the Centers for Medicare & Medicaid Services' (CMS) pivot to value programs, and commercial payers' efforts to reduce reimbursement. These trends present a challenge for the pulmonologist, among others, who must navigate increasingly complex and highly scrutinized evaluation processes used to secure new technology (NT). Health-care providers are turning toward value assessments while simultaneously tasked with the mission of offering state of the art technologies and services. Pulmonologists desiring NT are thus faced with increased scrutiny in their evaluation of costs and clinical data to support investments. Consideration of this scrutiny and further evidence to temper the evaluation will improve the likelihood of adoption and patient access to clinically impactful technology. The identification of this evidence may provide a comprehensive view of the clinical and economic benefits of such technologies to both administrators and pulmonary clinicians. It is imperative that all parties involved in the decision process work collaboratively to deploy value added and clinically impactful technologies. Although a physician group might invest in such NT, the capital required often leads such decisions to a larger organization such as a hospital, health-care system, or privately owned entity. This article aims to provide a framework for pulmonary clinicians to better understand the processes that purchasers use to evaluate NT, the pressures that influence their consideration, and what resources may be leveraged toward success. Copyright © 2017 American College of Chest Physicians. Published by Elsevier Inc. All rights reserved.

  8. Container cargo simulation modeling for measuring impacts of infrastructure investment projects in Pearl River Delta

    Science.gov (United States)

    Li, Jia-Qi; Shibasaki, Ryuichi; Li, Bo-Wei

    2010-03-01

    In the Pearl River Delta (PRD), there is severe competition between container ports, particularly those in Hong Kong, Shenzhen, and Guangzhou, for collecting international maritime container cargo. In addition, the second phase of the Nansha terminal in Guangzhou’s port and the first phase of the Da Chang Bay container terminal in Shenzhen opened last year. Under these circumstances, there is an increasing need to quantitatively measure the impact these infrastructure investments have on regional cargo flows. The analysis should include the effects of container terminal construction, berth deepening, and access road construction. The authors have been developing a model for international cargo simulation (MICS) which can simulate the movement of cargo. The volume of origin-destination (OD) container cargo in the East Asian region was used as an input, in order to evaluate the effects of international freight transportation policies. This paper focuses on the PRD area and, by incorporating a more detailed network, evaluates the impact of several infrastructure investment projects on freight movement.

  9. Projections of US GHG reductions from nuclear power new capacity based on historic levels of investment

    International Nuclear Information System (INIS)

    Besmann, Theodore M.

    2010-01-01

    Historical rates of capital investment in nuclear plant construction were used as a guide to estimate the potential rate of future capacity introduction. The total linear rate of capital expenditure over the entire period of historical construction from 1964 to 1990 was determined to equal $11.5 billion/yr, and that for the period of peak construction from 1973 to 1985 was computed as $17.9 billion/yr, all in 2004$. These values were used with a variety of current capital cost estimates for nuclear construction to obtain several scenarios for possible future nuclear capacity additions. These values were used to obtain the effect of projected nuclear generating capacity on GHG emissions assuming nuclear would directly replace coal-fired generation. It was concluded that actual reductions in emissions would not be experienced until 2038, yet growth in emissions from electrical production would be slowed through that period. Due to the significant time to introduce large-scale changes in the utility sector, nuclear energy cannot have a dramatic short-term effect on emissions. Nuclear power, however, can have a major positive longer term impact, particularly under more favorable cost and investment conditions.

  10. Life support technology investment strategies for flight programs: An application of decision analysis

    Science.gov (United States)

    Schlater, Nelson J.; Simonds, Charles H.; Ballin, Mark G.

    1993-01-01

    Applied research and technology development (R&TD) is often characterized by uncertainty, risk, and significant delays before tangible returns are obtained. Given the increased awareness of limitations in resources, effective R&TD today needs a method for up-front assessment of competing technologies to help guide technology investment decisions. Such an assessment approach must account for uncertainties in system performance parameters, mission requirements and architectures, and internal and external events influencing a development program. The methodology known as decision analysis has the potential to address these issues. It was evaluated by performing a case study assessment of alternative carbon dioxide removal technologies for NASA's proposed First Lunar Outpost program. An approach was developed that accounts for the uncertainties in each technology's cost and performance parameters as well as programmatic uncertainties such as mission architecture. Life cycle cost savings relative to a baseline, adjusted for the cost of money, was used as a figure of merit to evaluate each of the alternative carbon dioxide removal technology candidates. The methodology was found to provide a consistent decision-making strategy for development of new life support technology. The case study results provided insight that was not possible from more traditional analysis approaches.

  11. Technology investment fund : issues for consideration : issue paper for an expert workshop

    International Nuclear Information System (INIS)

    Drexhage, J.

    2006-12-01

    This document was prepared in advance of an expert workshop held to discuss technology investment funds (TIF) related to Canada's Clean Air Act. TIFs are being considered in the development of the Clean Air Act as a compliance option for air emissions regulations. Energy production is expected to dominate Canadian business in the future, and the domestic sector is undergoing a marked shift from conventional to unconventional sources such as oil sands, coalbed methane (CBM) and liquefied natural gas. Technological solutions are required to allow Canada to obtain the benefits of the country's natural resource wealth while reducing impacts to the environment. However, solutions will vary from region to region. The report examined issues related to financing research and demonstration programs. Research and development policies were discussed, as well as the role of the government in encouraging public and private partnerships. It was suggested that a portfolio of policy approaches will be required, as well as a compliance-based TIF designed to address a range of greenhouse gas (GHG) and air pollutants. Issues concerning rates of contributions and recognition for existing technology investments were also reviewed. Various taxes, levies, and funding approaches were outlined. It was concluded that a successful TIF will form part of an overall emissions trading framework.1 tab

  12. MHD heat and seed recovery technology project

    Energy Technology Data Exchange (ETDEWEB)

    Petrick, M.; Johnson, T. R.

    1980-08-01

    The MHD Heat and Seed Recovery Technology Project at Argonne National Laboratory is obtaining information for the design and operation of the steam plant downstream of the MHD channel-diffuser, and of the seed regeneration process. The project goal is to supply the engineering data required in the design of components for prototype and demonstration MHD facilities. The work is being done in close cooperation with the Heat Recovery-Seed Recovery facility, which will be a 20-MW pilot plant of the MHD steam bottoming system. The primary effort of the HSR Technology Project is directed toward experimental investigations of critical issues, such as 1) NO/sub x/ behavior in the radiant boiler and secondary combustor; 2) radiant boiler design to meet the multiple requirements of steam generation, NO/sub x/ decomposition, and seed slag separation; 3) effects of solid or liquid seed deposits on heat transfer and gas flow in the steam and air heaters; 4) formation, growth, and deposition of seed-slag particles, 5) character of the combustion gas effluents, and 6) the corrosion and erosion of ceramic and metallic materials of construction. These investigations are performed primarily in a 2-MW test facility, Argonne MHD Process Engineering Laboratory (AMPEL). Other project activities are related to studies of the thermochemistry of the seed-slag combustion gas system, identification of ceramic and metallic materials for service in the MHD-steam plant, and evaluation of seed regeneration processes. Progress is reported.

  13. Advanced Turbine Technology Applications Project (ATTAP)

    Science.gov (United States)

    1994-01-01

    Reports technical effort by AlliedSignal Engines in sixth year of DOE/NASA funded project. Topics include: gas turbine engine design modifications of production APU to incorporate ceramic components; fabrication and processing of silicon nitride blades and nozzles; component and engine testing; and refinement and development of critical ceramics technologies, including: hot corrosion testing and environmental life predictive model; advanced NDE methods for internal flaws in ceramic components; and improved carbon pulverization modeling during impact. ATTAP project is oriented toward developing high-risk technology of ceramic structural component design and fabrication to carry forward to commercial production by 'bridging the gap' between structural ceramics in the laboratory and near-term commercial heat engine application. Current ATTAP project goal is to support accelerated commercialization of advanced, high-temperature engines for hybrid vehicles and other applications. Project objectives are to provide essential and substantial early field experience demonstrating ceramic component reliability and durability in modified, available, gas turbine engine applications; and to scale-up and improve manufacturing processes of ceramic turbine engine components and demonstrate application of these processes in the production environment.

  14. Guide for developing an information technology investment road map for population health management.

    Science.gov (United States)

    Hunt, Jacquelyn S; Gibson, Richard F; Whittington, John; Powell, Kitty; Wozney, Brad; Knudson, Susan

    2015-06-01

    Many health systems recovering from a massive investment in electronic health records are now faced with the prospect of maturing into accountable care organizations. This maturation includes the need to cooperate with new partners, involve substantially new data sources, require investment in additional information technology (IT) solutions, and become proficient in managing care from a new perspective. Adding to the confusion, there are hundreds of population health management (PHM) vendors with overlapping product functions. This article proposes an organized approach to investing in PHM IT. The steps include assessing the organization's business and clinical goals, establishing governance, agreeing on business requirements, evaluating the ability of current IT systems to meet those requirements, setting time lines and budgets, rationalizing current and future needs and capabilities, and installing the new systems in the context of a continuously learning organization. This article will help organizations chart their position on the population health readiness spectrum and enhance their chances for a successful transition from volume-based to value-based care.

  15. Investment feasibility tracking: the importance of measuring and tracking the success level of the project during commercialization phase

    Science.gov (United States)

    Saputra, Y. A.; Setyaningtyas, V. E. D.; Latiffianti, E.; Wijaya, S. H.; Ladamay, O. S. A.

    2018-04-01

    Measuring project success level is a challenging activity. This area of works has attracted many researchers to look deeper into the method of measurement, success factor identification, risk management, and many others relevant topics. However, the project management scope is limited until the project handover stage. After a project handover, the control of a project management changes from Project Management Team to the project owner/commercialization team. From an investor’s point of view, the success of a project delivery needs to be followed by the success of commercialization phase. This paper aims to present an approach on how we track and measure the progress and success level of a project investment in the commercialization phase. This is an interesting topic which probably often being forgotten in many practical case. Our proposed concept modify Freeman and Beale concept by estimating the variance between the Planned Net Present Value / Annual Worth (as it is in the Feasibility Study Document) and the Actual Net Present Value / Annual Worth (until the point time of evaluation). The gap will lead us to the next analysis and give us some important information, especially exposing whether our project investment performs better than the planning or underperformed. Some corrective actions can be suggested based on the provided information. Practical cases to exercise the concept is also provided and discussed; one case in a property sector in the middle of commercialization phase, and another case in a Power Plant investment approaching the end of commercialization phase.

  16. The Role of Technology, Investment and Ownership Structure in the Productivity Performance of the Manufacturing Sector in Vietnam

    DEFF Research Database (Denmark)

    Newman, Carol; Narciso, Gaia; Tarp, Finn

    2009-01-01

    . The empirical analysis reveals investment and technology usage as important determinants of enterprise productivity levels. Specifically, higher levels of productivity are found in foreign- and state-owned enterprises, driven almost entirely by higher levels of investment and technology usage. Our results......This paper explores the productivity performance of the manufacturing sector in Vietnam between 2001 and 2007. Total Factor Productivity indices are computed using an index number approach and the productivity performance of manufacturing sub-sectors is analysed. We find that productivity increases...... provide a strong quantitative basis in support of ongoing government initiatives aimed at encouraging investment in technology and innovation. They also point to the clear need for such initiatives to be complemented by measures to provide a more balanced distribution of investment, such that a level...

  17. A case for Sandia investment in complex adaptive systems science and technology.

    Energy Technology Data Exchange (ETDEWEB)

    Colbaugh, Richard; Tsao, Jeffrey Yeenien; Johnson, Curtis Martin; Backus, George A.; Brown, Theresa Jean; Jones, Katherine A.

    2012-05-01

    This white paper makes a case for Sandia National Laboratories investments in complex adaptive systems science and technology (S&T) -- investments that could enable higher-value-added and more-robustly-engineered solutions to challenges of importance to Sandia's national security mission and to the nation. Complex adaptive systems are ubiquitous in Sandia's national security mission areas. We often ignore the adaptive complexity of these systems by narrowing our 'aperture of concern' to systems or subsystems with a limited range of function exposed to a limited range of environments over limited periods of time. But by widening our aperture of concern we could increase our impact considerably. To do so, the science and technology of complex adaptive systems must mature considerably. Despite an explosion of interest outside of Sandia, however, that science and technology is still in its youth. What has been missing is contact with real (rather than model) systems and real domain-area detail. With its center-of-gravity as an engineering laboratory, Sandia's has made considerable progress applying existing science and technology to real complex adaptive systems. It has focused much less, however, on advancing the science and technology itself. But its close contact with real systems and real domain-area detail represents a powerful strength with which to help complex adaptive systems science and technology mature. Sandia is thus both a prime beneficiary of, as well as potentially a prime contributor to, complex adaptive systems science and technology. Building a productive program in complex adaptive systems science and technology at Sandia will not be trivial, but a credible path can be envisioned: in the short run, continue to apply existing science and technology to real domain-area complex adaptive systems; in the medium run, jump-start the creation of new science and technology capability through Sandia's Laboratory Directed Research

  18. An energy pricing scheme for the diffusion of decentralized renewable technology investment in developing countries

    International Nuclear Information System (INIS)

    Thiam, Djiby Racine

    2011-01-01

    The purpose of this paper is to investigate price support for market penetration of renewable energy in developing nations through a decentralized supply process. We integrate the new decentralized energy support: renewable premium tariff, to analyze impacts of tariff incentives on the diffusion of renewable technology in Senegal. Based on photovoltaic and wind technologies and an assessment of renewable energy resources in Senegal, an optimization technique is combined with a cash flow analysis to investigate investment decisions in renewable energy sector. Our findings indicate that this support mechanism could strengthen the sustainable deployment of renewable energy in remote areas of Senegal. Although different payoffs emerged, profits associated with a renewable premium tariff are the highest among the set of existing payoffs. Moreover in analyzing impacts of price incentives on social welfare, we show that price tariffing schemes must be strategically scrutinized in order to minimize welfare loss associated with price incentives. Finally we argue that a sustainable promotion of incentive mechanisms supporting deployment of renewable technology in developing nations should be carried out under reliable institutional structures. The additional advantage of the proposed methodology is its ability to integrate different stakeholders (producers, investors and consumers) in the planning process. - Highlights: → We simulate impacts of price support for market penetration of renewable technology in developing nations. → An array of price incentive mechanisms strengthens diffusion of renewable technology in Senegal. → Moreover, reliable institutional frameworks in developing nations are a requirement in order to strengthen diffusion path of renewable technologies.

  19. GROWTH AND VENTURE CAPITAL INVESTMENT IN TECHNOLOGY-BASED SMALL FIRMS THE CASE OF HUNGARY

    Directory of Open Access Journals (Sweden)

    Becsky Nagy Patricia

    2014-07-01

    Full Text Available Venture capital backed enterprises represent a low proportion of companies, even of innovative ones. The research question was, whether these companies have an important role in innovation and economic growth in Hungary compared to other countries. In the first part of the article I present the theoretical background of technology-based small firms, highlighting the most important models and theories of the economic impact and the special development of innovative technology-oriented small firms. In the second part of the article I present the status of the most important indicators of innovation in connection with entrepreneurship, than I elaborate on the measures of start-ups, mainly the high-tech ones with high-growth potential. I describe the current position of venture capital industry, detailing the venture capital investments, with particular emphasis on classical venture capital investments that points out the number and the amount of venture capital investments financing early stage firms with high-growth potential. At the end I summarize the status of Hungarian technology-based small firms and their possibilities to get financial sources form venture capital investors, with regards to the status and the prospects of the JEREMIE program. In Hungary the number of internationally competitive firms, ready and willing to obtain venture capital, is much lower than in the US or Western European countries. Hungary could take advantage of its competitive edges in some special fields of innovation. The efficiency of information flow would reduce the information gap between the demand and the supply side of the venture capital market and more Hungarian firms could be internationally successful through venture capital financing. The recent years’ policy and special programs like JEREMIE generated more transactions, that helped to inform the entrepreneurs about venture capital and helped to co-invest public resources with private equity more

  20. Information Technology Management: Reporting of DoD Capital Investments for Information Technology in Support of the FY 2006 Budget Submission

    National Research Council Canada - National Science Library

    Truex, Kathryn M; Shaffer, Robert L; Leighton, George A; Johnson, Robert R; Brunetti, Tina N; Courtade, Rebecca S; Woodruff, Courtney E; Buscaigio, James J; Gavura, Cindy L

    2005-01-01

    Who Should Read This Report and Why? DoD managers preparing and certifying capital investment justifications for information technology should read this report to improve the quality of data being submitted by the Department of Defense...

  1. Working capital management in the process of financial support of investment and construction projects and of the construction material industry

    Science.gov (United States)

    Danilochkina, Nadezhda; Lukmanova, Inessa; Roshchina, Olga; Voytolovskiy, Nikolay

    2018-03-01

    The article presents the analysis of working capital in the process of financial support of high-rise construction investment projects. The factors influencing the choice of the working capital management model were analyzed, the reasons of the change in the requirement for the values of current assets in the process of construction of high-rise facilities were determined. The author has developed the scheme of interrelation between production, operational and financial activity cycles of enterprises implementing investment projects of unique buildings and structures and made a comparative description of their financing sources.

  2. Optimal Strategies for Low Carbon Supply Chain with Strategic Customer Behavior and Green Technology Investment

    Directory of Open Access Journals (Sweden)

    Wen Jiang

    2016-01-01

    Full Text Available Climate change is mainly caused by excessive emissions of carbon dioxide and other greenhouse gases. In order to reduce carbon emissions, cap and trade policy is implemented by governments in many countries, which has significant impacts on the decisions of companies at all levels of the low carbon supply chain. This paper investigates the decision-making and coordination of a low carbon supply chain consisting of a low carbon manufacturer who produces one product and is allowed to invest in green technology to reduce carbon emissions in production and a retailer who faces stochastic demands formed by homogeneous strategic customers. We investigate the optimal production, pricing, carbon trading, and green technology investment strategies of the low carbon supply chain in centralized (including Rational Expected Equilibrium scenario and quantity commitment scenario and decentralized settings. It is demonstrated that quantity commitment strategy can improve the profit of the low carbon supply chain with strategic customer behavior. We also show that the performance of decentralized supply chain is lower than that of quantity commitment scenario. We prove that the low carbon supply chain cannot be coordinated by revenue sharing contract but by revenue sharing-cost sharing contract.

  3. Artificial intelligence and exponential technologies business models evolution and new investment opportunities

    CERN Document Server

    Corea, Francesco

    2017-01-01

    Artificial Intelligence is a huge breakthrough technology that is changing our world. It requires some degrees of technical skills to be developed and understood, so in this book we are going to first of all define AI and categorize it with a non-technical language. We will explain how we reached this phase and what historically happened to artificial intelligence in the last century. Recent advancements in machine learning, neuroscience, and artificial intelligence technology will be addressed, and new business models introduced for and by artificial intelligence research will be analyzed. Finally, we will describe the investment landscape, through the quite comprehensive study of almost 14,000 AI companies and we will discuss important features and characteristics of both AI investors as well as investments. This is the “Internet of Thinks” era. AI is revolutionizing the world we live in. It is augmenting the human experiences, and it targets to amplify human intelligence in a future not so distant from...

  4. Feeding the world in the coming decades requires improvements in investment, technology and institutions.

    Science.gov (United States)

    Haddad, Lawrence; Martorell, Reynaldo

    2002-11-01

    The world is food secure at the global level, yet nearly 800 million are food insecure. "Business as usual" is not going to bring us close to meeting the Millennium Development Goal of halving the proportion of the population consuming less than the minimum energy requirement. So what has to change? The three papers in this session offer clues in three broad areas: (a) increased investment-by developing and developed countries-in public goods such as agricultural research, education, and clean water, (b) technologies to boost agricultural productivity for the poor and institutions that guide the diffusion and application of technology that need to be developed and (c) national-level institutions and governance structures to be strengthened and held accountable for protecting and respecting human rights, for providing the right types of national-level public goods to those that most need them and for preserving peace and stability.

  5. Assessment of the possibility of utilisation of used ceramic moulds originated from the investment casting technology

    Directory of Open Access Journals (Sweden)

    M. Holtzer

    2009-04-01

    Full Text Available Review of wastes generated by investment casting technology and discussion on possibilities of disposal of the largest quantity waste from this technology - used ceramic mould is presented in the paper. Preliminary examinations of disintegration process of used ceramic mould conducted in various testing conditions were performed in the frame of presented research. Applied system of disintegration doesn’twarrant obtained material to be suitable for reuse in production of ceramic moulds. Investigations of the inter-phase boundary: ceramicmould-casting were performed to examine environmental harmfulness of used ceramic moulds. Additionally ecologic assessment of spentmoulds by means of it’s elution in the aspect of qualifying possibilities of it’s disposal were performed. Gained results qualify the waste from ceramic mould to storage in deposits for neutral wastes.

  6. Foreign direct investment and technology spillovers in Mexico: 20 years of NAFTA

    Directory of Open Access Journals (Sweden)

    Enrique Armas

    2017-10-01

    Full Text Available This article analyses the development of technology capabilities in the manufacturing sector of Mexico during the last two decades. It has been argued that the inclusion of Mexico in the North America Free Trade Agreement (NAFTA in 1994 would be enough to catch up with Canada and the United States. In this regard, trade liberalisation and foreign direct investment (FDI would have been two strategic tools to close the technology gap between Mexico and its commercial partners in North America. Yet, after twenty years of NAFTA, it has been demonstrated that many indigenous firms in Mexico must develop an absorptive capacity to benefit from FDI. This paper suggests that the debate on the Asian miracle in the 1990s could be an adequate theoretical framework to discuss technology development and industrialisation in the case of emerging economies. In fact, this debate reveals two alternative approaches to explain the development of technology capabilities: (i the accumulation view of growth, and (ii the assimilation view of growth. Therefore, the Asian miracle exemplifies how entrepreneurship, learning and a supporting innovation policy could be an adequate strategy to benefit from FDI and technology spillovers in the case of emerging economies.

  7. Examining the Relationship between Technology Leadership Behaviors and Project Success

    Science.gov (United States)

    Bolman, David B.

    2012-01-01

    Organizations invest substantial resources into technology initiatives intended to generate advantages associated with improved use of human resources, increased operational efficiencies, and creating new capacities within processes and products; however, there is limited knowledge regarding how technology leadership behaviors influence project…

  8. Information technology project risk management in Peru

    OpenAIRE

    Del Carpio Gallegos, Javier

    2014-01-01

    This article shows how some principles, uses, and practices of risk management are applied in information technology projects in Peru; in the last four years, in representative sectors like manufacturing, banking, information and communications, academics institutions, construction, government, consulting, services, and others. El presente artículo muestra algunos principios, usos y prácticas de cómo la gestión de riesgos de proyectos de tecnología se ha llevado a cabo en los últimos cuatr...

  9. CCS TECHNOLOGY: OVERVIEW OF PROJECTS, TECHNOLOGY AND MONITORING

    Directory of Open Access Journals (Sweden)

    Nediljka Gaurina-Međimurec

    2018-01-01

    Full Text Available Carbon capture and storage (CCS in terms of geological sequestration presents the process of capturing CO2 from large point sources, transporting it to a storage site, and depositing it into an underground geological formation. In addition to ecological benefits, underground injection of CO2 shows certain potential risks associated with unwanted migration of CO2 to groundwater and surface, so the possibility of carrying out such projects depends on the possibility of reducing mentioned risks to an acceptable level. For this purpose, a detailed risk assessment and analysis must be carried out, serving as the basis for a monitoring plan. Well designed and implemented monitoring plan and program provide important data on site integrity, well injectivity, and entire storage complex performance. This paper gives the overview of large scale and pilot projects of CO2 capture and geological storage in operation, under construction and in the phase of development all over the world, technology basics and available monitoring techniques. An example of CCS project monitoring is given through the monitoring program of the Lacq pilot project in France

  10. Investments in Fossil Energy Technology: How the Government's Fossil Energy R&D Program Has Made a Difference

    Science.gov (United States)

    1997-03-01

    America has the technological capacity to change its energy future. There is no reason, for example, why our nation must continue following a path of rising oil imports when billions of barrels of crude oil remain in domestic oil fields. There is no reason why we cannot continue to use our abundant supplies of high-value, low-cost coal when we have the scientific know-how to remove virtually all of its pollutants and reduce greenhouse gas emissions. There is no reason why we cannot turn increasingly to clean-burning natural gas and tap the huge supplies we know exist within our borders. We remain a nation rich in the fuels that have powered economic growth. Today 85 percent of the energy we use to heat our homes and businesses, generate our electricity, and fuel our vehicles comes from coal, petroleum and natural gas. As we move toward a new century, the contributions of these fuels will grow. By 2015, the United States is likely to require nearly 20 percent more energy than it uses today, and fossil fuels are projected to supply almost 88 percent of the energy Americans will consume. We have the scientific know-how to continue using our fossil fuel wealth without fear of environmental damage or skyrocketing costs. The key is technology - developing cutting edge concepts that are beyond the private sector's current capabilities. Some of the most important innovations in America's energy industry are the results of investments in the Federal government's fossil energy research and development programs. Today, our air and water are cleaner, our economy is stronger, and our industries are more competitive in the global market because these programs have produced results. This booklet summarizes many of these achievements. It is not a comprehensive list by any means. Still, it provides solid evidence that the taxpayers' investment in government fossil energy research has paid real and measurable dividends.

  11. Cap-and-trade policy: The influence on investments in carbon dioxide reducing technologies in Indiana

    Science.gov (United States)

    Fahie, Monique

    With most of the energy produced in the state of Indiana coming from coal, the implementation of policy instruments such as cap-and-trade, which is included in the most recent climate bill, will have significant effects. This thesis provides an analysis of the effects that a cap-and-trade policy might have on the investment decisions for alternative technologies in the power plant sector in Indiana. Two economic models of representative coal-fired power plants, Gallagher (600MW) and Rockport (2600MW), are selected and used to evaluate the repowering decision of a plant for several technologies: integrated gasification combined cycle (IGCC), wind farm combined with natural gas combined cycle (NGCC) and supercritical pulverized coal (SCPC). The firm will make its decisions based on the net present value (NPV) of cost estimates for these CO2 reducing technologies, the cost of purchasing offsets and CO 2 allowances. This model is applied to a base case and three American Clean Energy and Security Act of 2009 cases derived from the Energy Information Administration (EIA, 2009b). A sensitivity analysis is done on the discount rate and capital costs. The results of the study indicate that a SCPC plant without carbon capture and storage (CCS) is the least costly compliance option for both plants under all of the cases while retrofitting the existing plant with CCS is the most expensive. Gallagher's three least expensive options across most scenarios were SCPC without CCS, the operation of the existing plant as is and investment in wind plus NGCC. Rockport's three least expensive compliance options across most scenarios were SCPC without CCS, the operation of the existing plant as is and IGCC without CCS. For both plants, when a 12% discount rate is utilized, NPV of costs are generally lower and the operation of the existing plant technology with the aid of allowances and offsets to be in compliance is the cheapest option. If capital costs were to decrease by 30%, a SCPC

  12. Workplace Factors That Shape Information Technology Project Success

    Science.gov (United States)

    Nguyen, Dan Schilling

    2013-01-01

    Information technology (IT) project success depends on having a project manager with effective decision making, leadership, and project management skills. Project success also depends on completing the project in a given budget, time, and scope. Despite these critical qualities of a successful project manager, little research has explored the…

  13. DETERMINATION OF THE RELEVANCE OF INVESTING IN THE MANAGEMENT OF INFORMATION TECHNOLOGIES BY SMALL JITOMATE PRODUCERS, APPLYING GAME THEORY

    Directory of Open Access Journals (Sweden)

    Rodríguez Claudia

    2017-12-01

    Full Text Available The leading national states in the tomato market are mainly Sinaloa and Jalisco. They determine the amount of production will sell in the country meanwhile smallholders depend about that decision to calculate the quantity of tomato they be able to place into local supply markets. Large producers invest in other aspects, such as in Information Technology Management (ITM, in order to obtain international and updated information they need for their strategic decision-making, as well as to establish effective communication with other producers, with suppliers and with customers. The question posed in the present investigation is: Will the lack of investment in ITM be a factor that affects the competitiveness of smallholders? This article has the objective to estimate the relevance of investing in the ITM, in order to increase the production through the application of the Cournot and Branding model; for two players who decide to sell simultaneously, resulting in two models: The first one, where the player 1 it will be a big producer who decides to invest in ITM to increase its market, while player 2 is a smallholder who does not have the capacity to invest in ITM. In the second resulting model, both players are big producers, who decide to invest in ITM to increase their market. In both models, we would be expected that the player who sells the most, whoever invests in ITM; however, as will be observed in the conclusions, investing in ITM is not always the solution to sell more.

  14. Understanding Information Technology Investment Decision-Making in the Context of Hotel Global Distribution Systems: a Multiple-Case Study

    OpenAIRE

    Connolly, Daniel J.

    1999-01-01

    UNDERSTANDING INFORMATION TECHNOLOGY INVESTMENT DECISION-MAKING IN THE CONTEXT OF HOTEL GLOBAL DISTRIBUTION SYSTEMS: A MULTIPLE-CASE STUDY by Daniel J. Connolly Dr. Michael D. Olsen, Chair Department of Hospitality and Tourism Management ABSTRACT This study investigates what three large, multinational hospitality companies do in practice when evaluating and making IT investment decisions. This study was launched in an attempt to 1) learn more about ...

  15. A System Dynamics Analysis of Investment, Technology and Policy that Affect Natural Gas Exploration and Exploitation in China

    OpenAIRE

    Xiao, Jianzhong; Cheng, Jinhua; Shen, Jun; Wang, Xiaolin

    2017-01-01

    Natural gas has an increasing role in Chinese energy transformation. We present a system dynamics model of the natural gas industry in China. A new system dynamics model for natural gas companies based on reserve exploration and well construction as well as investment dynamics is proposed. The contribution of the paper is to analyze the influence of technology, investment and policy factors on the natural gas industry. We found that the dynamics of the main variables, including gas policy, co...

  16. Technological Innovation Projects: Proposal For an Integrative Model Between Project Management and Knowledge Management in a Customer-Supplier Perspective

    Directory of Open Access Journals (Sweden)

    Edval da Silva Tavares

    2014-10-01

    Full Text Available In face of strong competition, companies in Brazil have increased their financial investments in automation, offering new products and services and reducing operating costs. These companies are focusing their efforts on core competencies and, therefore, they often lack the internal expertise to implement new projects, especially those that bring technological innovation. For this reason, we use the processes of outsourcing or subcontracting to help implement such projects. The unit of analysis in this study is the project and the object of the study to analyze the process of knowledge transfer from a provider to a customer during the duration of the project, which involves new technologies. The main motivation of this work is to address the acquisition and retention of new knowledge related to projects designed for business customers. We have developed a study of three cases of multiple financial firms that buy new technologies and two suppliers of information technology. As a practical result, a management model of knowledge transfer and retention of knowledge in client companies is proposed and incorporated into project management.

  17. Venture Leaders Prize for innovative technology projects

    CERN Document Server

    2006-01-01

    In co-operation with the GEBERT RÜF FOUNDATION and the Ernest & Young Entrepreneur of the Year Award, venturelab will be presenting the Venture Leaders Prize. The Venture Leaders Prize, which is the new guise of the NETS (New Entrepreneurs in Technology and Science) Prize, will give twenty research entrepreneurs with projects to develop innovative technologies the opportunity to win the chance of participating in a programme to assist them in starting up their companies. The winners will go to spend 10 days in the Boston area (United States) where they will take part in a development programme for their project, which will include an entrepreneurship course, opportunities to meet start-up companies and financing experts, etc. This prize has already spawned many companies such as id Quantique, Selexis or ABMI which have contributed to the economic development of regions, particularly in French-speaking Switzerland. The competition is open to students and scientists from all fields, who would like to s...

  18. Nexus between Information and Communication Technology, Financial Intermediation, and Household Investment: A Review

    Directory of Open Access Journals (Sweden)

    Richard M. Kiai

    2017-06-01

    Full Text Available Financial inclusion has been recognized as a poverty reduction tool, and many economies have taken it up as a national agenda. To achieve the expected levels of financial inclusion, governments have worked with financial intermediaries to reach the expected target group, the unbanked poor. As per the financial intermediation theory, the role of financial intermediaries is to minimize the information asymmetry in the financial system. To enhance financial inclusion, many countries and financial institutions have embraced information and communication technology (ICT. ICT has been recognized as a tool that has worked greatly toward enhancing sharing of information at a low cost and that has thus helped in improving financial inclusion. Though many countries have achieved high levels of financial inclusion through ICT, the levels of poverty have not declined. It was thus important to establish the relationship between ICT, financial intermediation, and household investment. This study methodology was a review of the literature on financial inclusion, financial intermediation, ICT, and household investment. From this study, it was noted that ICT is helping in financial intermediation and thus more people can access financial services. Unfortunately, the levels of ICT capability among the poor are low, and in that case, the poor are not able to utilize financial services offered through ICT platforms to undertake household investment. This is the reason as to why, despite the high levels of financial inclusion, the poor still remain poor. This study recommends that the government should ensure that the levels of ICT among the populace are high. Financial institutions on the other hand should provide financial services with more user-friendly platforms.

  19. THE EVALUATION SYSTEM OF DESIGN SOLUTIONS FOR RESIDENTIAL PROPERTY ON THE PRE-INVESTMENT STAGE THROUGH NEURAL NETWORK TECHNOLOGY

    Directory of Open Access Journals (Sweden)

    G. D. Kostsikava

    2016-01-01

    Full Text Available Ever since the Soviet Union design solutions were evaluated according to different criteria and indicators. At the present stage of evaluation systems of design solutions stands systemengineering doctrine is allocated. It is complemented by the theory of efficiency and financial sustainability investment project in view of the general market concept. Also great attention is paid to the virtual object modeling. It is urgent to include the behavior prediction of an investment construction project model at each stage of its life cycle. The high cost of all phases of this life cycle makes it necessary to calculate the feasibility of the investment. Very urgent to do it as accurately as possible and before we start of design works on the stage of the investment plan evaluation. Belarus has legislated pre-investment stage of construction project development. To evaluate the design solution at this stage is necessary to develop an investment justification, a project management plan and a business plan. They will evaluate and will compare several options for future objects by the complex. This requires not only time, but considerable financial costs. In order to optimize the process to develop an evaluation system design solutions based on existing projects. It allows the customer (investor choose design solutions to build the object without developing of pre-design documentations for several options. This system it is advisable to try out the example of apartment house building with the assistance of the national fund of project documentation and objects-analogues data bank. The developed evaluation system of design solutions for residential real estate objects in the pre-investment stage is supposed to use the theory of neural networks and neyroprogramming. This system bases on the input parameters projects. The hidden layer neurons are trained to choose suitable projects of apartment houses with their classification. The projects will be classified

  20. Development of the System of Investment Support of Projects in the Industrial-Innovative Development of Kazakhstan

    Science.gov (United States)

    Doskaliyeva, Bayan B.; Orynbassarova, Yerkenazym D.; Omarkhanov?, Zhibek M.; Karibaev, Yerkebulan S.; Baimukhametova, Ayagul S.

    2016-01-01

    The purpose of this study is to determine specific features of investment regulation mechanism aimed at providing effective implementation of projects in the context of industrial-innovative development of Kazakhstan. There the used the system of general scientific and special research methods providing the possibility to disclose processes and…

  1. Potential Opportunities for Investment in Space Technologies in Latin-America: a Case for Mexico

    Science.gov (United States)

    Sanchez, G.

    2002-01-01

    Student, Master of Space Studies. International Space University. Strasbourg Central The objective of this paper is to analyze the possible commercial benefits that the global manufacturing space industry could obtain by investing in Latin-American countries. Spacecraft manufacturers have recently been complaining about small margins. They claim that customers demand technological advancement at the same time as they push for quick delivery and competitive prices. They also argue that operators (their main customers) do have great profits. Thus, manufacturers would like to raise the prices of their spacecraft (SpaceNews. January 7, 2002. P.17). This may sound logical, but it would be interesting to analyze if the industry could find alternative ways of saving money while remaining competitive. Mexico is a good example of a Latin-American country that has received foreign investment for establishing manufacturing and assembly plants for different industries. This has been mainly due to two special characteristics of the Mexican manufacturing workforce: low labor costs and qualified, reliable human resources. As a result, Mexican manufacturing industry has acquired a solid reputation worldwide. A similar story can be told about other industries such as electronics, computer assembly, clothes, etc. It is probably worth to make an analogy with a labor-demanding industry that already has experience in the Mexican market: the car industry has found a formula to keep manufacturing costs low while maintaining production and quality levels. Mexico currently manufactures and assembles cars for European, Japanese and American companies for the international market. If the same success story could be repeated for the spacecraft manufacturing industry, the benefits would be enormous. Manufacturers could consider relocating their plants to Mexico to manufacture and test parts or entire spacecraft. This would help reduce the cost of human labor, especially because of the long

  2. Essays in Investment Theory

    International Nuclear Information System (INIS)

    Bobtcheff, C.

    2006-01-01

    This thesis analyzes different aspects of the investment decision. In the first chapter, we consider an economy in which different energy sources may produce electricity. The model focuses first on the optimal use of a hydroelectric dam from which water can be extracted and which is supplied with a random water flow. The presence of constraints on a minimal and on a maximal storage capacity makes electricity consumption smoothing possible only when the quantity of water available to the agent lies in a certain range that we determine. In a second stage, we introduce a second energy source with unlimited supply at some exogenous cost. The marginal propensity to produce hydroelectricity is an increasing function of the second technology cost. The availability at a low cost of the alternative source improves thus time diversification. Finally, the optimal electric park is composed of a number of dams that is increasing with the cost of the second technology. Chapter 2 studies the decision of an investor who wants to undertake an irreversible investment when he has the choice between two mutually exclusive projects that present input price and/or output price uncertainty. We prove that the investor decides not to invest in any project when each investment generates the same payoff independently of its size. Therefore, some inaction region appears in which the investor prefers not to invest whereas an immediate investment would have been optimal if no choice had been available: a 'choice value' is thus created. A key feature of this bidimensional degree of uncertainty is thus that the payoff generated by each project is not a sufficient statistic to make a rational investment. In this context, our analysis provides a new motive for waiting to invest: the benefits associated with the dominance of one project over the other. In chapter 3, we study the investment decision problem of a duo-poly with price competition on a market of finite size driven by stochastic taste

  3. Canadian Fusion Fuels Technology Project annual report 93/94

    International Nuclear Information System (INIS)

    1994-01-01

    The Canadian Fusion Fuels Technology Project exists to develop fusion technologies and apply them worldwide in today's advanced fusion projects and to apply these technologies in fusion and tritium research facilities. CFFTP concentrates on developing capability in fusion fuel cycle systems, in tritium handling technologies and in remote handling. This is an annual report for CFFTP and as such also includes a financial report

  4. Effect of Green Technology Investment on a Production-Inventory System with Carbon Tax

    Directory of Open Access Journals (Sweden)

    Tapan Kumar Datta

    2017-01-01

    Full Text Available Carbon emissions play the central role in global warming. Manufacturing firms are significant contributors to carbon emissions. In many countries, regulatory authorities are taking actions to reduce emissions. Carbon taxation and cap-and-trade schemes are two mechanisms implemented in many countries. In the present paper, the author analyzes a production-inventory model under a carbon tax system. The production rate is assumed to be a decision variable and can be set at any level within machine limits. A proportion of items produced are defective, and this proportion depends on the production rate. Demand depends on the selling price. Unit price is a decreasing function of the production rate. Emissions can be reduced to some extent by capital investment on green technology, and this capital investment amount is a decision variable. Customers are categorized as retail customers and wholesale customers. A discount is offered to the wholesale customers on the regular selling price. The results are illustrated by a numerical example and a sensitivity analysis is performed.

  5. An Evaluation of Investment in a PV Power Generation Project in the Gobi Desert Using a Real Options Model

    OpenAIRE

    Yiqing Li; Weiguo Yang; Lixin Tian; Jie Yang

    2018-01-01

    This paper presents a policy benefit model of a photovoltaic (PV) power generation project based on real options analysis (ROA) and the two-factor learning curve model. The main purpose is to examine the investment behavior of developing a PV project in the Gobi desert considering multiple uncertain factors. We take the environmental cost of desertification control into account for the first time in the literature. Four other uncertain factors are thermal power cost, PV power generation cost,...

  6. Small Hydropower Research and Development Technology Project

    Energy Technology Data Exchange (ETDEWEB)

    Blackmore, Mo [Near Space Systems, Inc.

    2013-12-06

    The objective of this work was to investigate, develop, and validate the next generation of small hydroturbine generator designs that maximize the energy transfer from flowing water to electrical power generation. What resulted from this effort was the design of a new technology hydroturbine that Near Space Systems (NSS) has named the Star*Stream© Hydroturbine. Using a design that eliminates nearly all of the shortfalls of conventional hydroturbines, the Star*Stream© Hydroturbine employs a new mechanical-to-electrical energy transfer hydro design that operates without lubrication of any kind, and does not introduce foreign chemicals or particulate matter from oil or drive shaft seal degradation into the hydro ecology. In its unique configuration, the Star*Stream© Hydroturbine is nearly environmentally inert, without the negative aspects caused by interrupting the ecological continuity, i.e., disruptions to sedimentation, water quality, habitat changes, human displacement, fish migration, etc., - while it ensures dramatically reduced timeframes to project completion. While a remarkable reduction in LCOE resulting from application of the Star*Stream© Hydroturbine technology has been the core achievement of the this effort, there have been numerous technological breakthroughs from the development effort.

  7. Understanding the impact of business cases on IT investment decisions : An analysis of municipal e-government projects

    NARCIS (Netherlands)

    Berghout, Egon; Tan, Chee-Wee

    2013-01-01

    This study synthesizes the extant literature to derive an integrative developmental framework for IT business cases that can be applied to diagnose the feasibility of technological investments. We then construct a theoretical model that postulates the impact of IT business case elements on the

  8. Return on Scientific Investment – RoSI: a PMO dynamical index proposal for scientific projects performance evaluation and management

    Directory of Open Access Journals (Sweden)

    Cristofer André Caous

    2012-06-01

    Full Text Available Objective: To propose a measure (index of expected risks to evaluateand follow up the performance analysis of research projects involvingfinancial and adequate structure parameters for its development.Methods: A ranking of acceptable results regarding researchprojects with complex variables was used as an index to gauge aproject performance. In order to implement this method the ulcerindex as the basic model to accommodate the following variableswas applied: costs, high impact publication, fund raising, and patentregistry. The proposed structured analysis, named here as RoSI(Return on Scientific Investment comprises a pipeline of analysis tocharacterize the risk based on a modeling tool that comprises multiplevariables interacting in semi-quantitatively environments. Results:This method was tested with data from three different projects in ourInstitution (projects A, B and C. Different curves reflected the ulcer indexes identifying the project that may have a minor risk (project C related to development and expected results according to initial or full investment. Conclusion: The results showed that this model contributes significantly to the analysis of risk and planning as well as to the definition of necessary investments that consider contingency actions with benefits to the different stakeholders: the investor or donor, the project manager and the researchers.

  9. Valuation of clean energy investments: The case of the Zero Emission Coal (ZEC) technology

    Science.gov (United States)

    Yeboah, Frank Ernest

    Today, coal-fired power plants produce about 55% of the electrical energy output in the U.S. Demand for electricity is expected to grow in future. Coal can and will continue to play a substantial role in the future global energy supply, despite its high emission of greenhouse gases (e.g. CO2 etc.) and low thermal energy conversion efficiency of about 37%. This is due to the fact that, it is inexpensive and global reserves are abundant. Furthermore, cost competitive and environmentally acceptable energy alternatives are lacking. New technologies could also make coal-fired plants more efficient and environmentally benign. One such technology is the Zero Emission Carbon (ZEC) power plant, which is currently being proposed by the ZECA Corporation. How much will such a technology cost? How competitive will it be in the electric energy market when used as a technology for mitigating CO2 emission? If there were regulatory mechanisms, such as carbon tax to regulate CO2 emission, what would be the minimum carbon tax that should be imposed? How will changes in energy policy affect the implementation of the ZEC technology? How will the cost of the ZEC technology be affected, if a switch from coal (high emission-intensive fuel) to natural gas (low emission-intensive fuel) were to be made? This work introduces a model that can be used to analyze and assess the economic value of a ZEC investment using valuation techniques employed in the electric energy industry such as revenue requirement (e.g. cost-of-service). The study concludes that the cost of service for ZEC technology will be about 95/MWh at the current baseline scenario of using fuel cell as the power generation system and coal as the primary fuel, and hence will not be competitive in the energy markets. For the technology to be competitive, fuel cell capital cost should be as low as 500/kW with a lifetime of 20 years or more, the cost of capital should be around 10%, and a carbon tax of 30/t of CO2 should be in place

  10. QUANTITATIVE ASSESSMENT OF THE INVESTMENT PROJECT CREATION OR RENOVATION TRANSPORT INFRASTRUCTURE

    Directory of Open Access Journals (Sweden)

    V. V. Gasilov

    2014-01-01

    Full Text Available Summary. The paper proposes a method of determining the quantitative assessment of the investment project of reconstruction of the facility or transport infrastructure, taking into account the impact on both the vehicle and non-transport effect. Among the most significant socio- economic benefits of modernization and development of the road network of the federal and regional significance include: improving and improving and improving the social conditions of the population , increased economic activity , reduction of transport costs in the price of goods and services, reducing the negative impact of transport and road complex environment. Modelling of toxic pollutant emissions for the transport stream to optimize road to reconstruct existing infrastructure by minimizing environmental damage. Kinematic model of traffic flow, which allows to express the parameters of toxic pollution through directly observable quantities, based on the concept of cellular automata , augmented parameters governing the organization of traffic. Necessary to determine the parameters of motion so that the average flow rate was in the optimal range (60 - 90 km / h. Multicriteria optimization problem so requires collecting and analyzing vast and diverse information of the following types: topographic, demographic, social, economic, environmental, transport. As follows from the calculations, the doses of all types of toxic effects, per unit length of the road, increase significantly in the fall an average speed of traffic flow. Thus, modeling of toxic emissions transport stream allows one hand to optimize the traffic in the existing infrastructure and, on the other hand, to optimize the construction and reconstruction of infrastructure.

  11. AGT (Advanced Gas Turbine) technology project

    Science.gov (United States)

    1988-01-01

    An overall summary documentation is provided for the Advanced Gas Turbine Technology Project conducted by the Allison Gas Turbine Division of General Motors. This advanced, high risk work was initiated in October 1979 under charter from the U.S. Congress to promote an engine for transportation that would provide an alternate to reciprocating spark ignition (SI) engines for the U.S. automotive industry and simultaneously establish the feasibility of advanced ceramic materials for hot section components to be used in an automotive gas turbine. As this program evolved, dictates of available funding, Government charter, and technical developments caused program emphases to focus on the development and demonstration of the ceramic turbine hot section and away from the development of engine and powertrain technologies and subsequent vehicular demonstrations. Program technical performance concluded in June 1987. The AGT 100 program successfully achieved project objectives with significant technology advances. Specific AGT 100 program achievements are: (1) Ceramic component feasibility for use in gas turbine engines has been demonstrated; (2) A new, 100 hp engine was designed, fabricated, and tested for 572 hour at operating temperatures to 2200 F, uncooled; (3) Statistical design methodology has been applied and correlated to experimental data acquired from over 5500 hour of rig and engine testing; (4) Ceramic component processing capability has progressed from a rudimentary level able to fabricate simple parts to a sophisticated level able to provide complex geometries such as rotors and scrolls; (5) Required improvements for monolithic and composite ceramic gas turbine components to meet automotive reliability, performance, and cost goals have been identified; (6) The combustor design demonstrated lower emissions than 1986 Federal Standards on methanol, JP-5, and diesel fuel. Thus, the potential for meeting emission standards and multifuel capability has been initiated

  12. The Columbia River Protection Supplemental Technologies Quality Assurance Project Plan

    Energy Technology Data Exchange (ETDEWEB)

    Fix, N. J.

    2008-03-12

    Pacific Northwest National Laboratory researchers are working on the Columbia River Protection Supplemental Technologies Project. This project is a U. S. Department of Energy, Office of Environmental Management-funded initiative designed to develop new methods, strategies, and technologies for characterizing, modeling, remediating, and monitoring soils and groundwater contaminated with metals, radionuclides, and chlorinated organics. This Quality Assurance Project Plan provides the quality assurance requirements and processes that will be followed by the Technologies Project staff.

  13. FINANCING OF INVESTMENT PROJECTS OF GAS DISTRIBUTION ENTERPISES AS A FACTOR OF THEIR DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Svitlana Korol

    2016-03-01

    Full Text Available In the article theoretical questions of formation sources of financing investments   are  considered, the analysis of investment activities is carried out by the sources of funding for gas  utility. The purpose of this article is to identify priority sources of financing investment activities of gas distribution enterprises. The  methodology  of  research.  To  achieve  this  goal  the  author  used  methods  of  theoretical generalization; statistical and financial methods in the study of dynamics and structure of  investment; tabular methods to display the structure of the main sources of financing of  the  investment program of gas distribution enterprises; consistency and comparison, to determine the relationship between the main components of investment sources of financing. As a result of research by critical retrospective analysis to determine the structure of sources of financing investment activities of gas distribution enterprises. It is established that the main sources of financing the investment program are the tariffs for transportation and supply of gas, says the national Commission, carrying out state regulation in the areas of energy and  utilities (NCREU. It is filed the structure of the main financing sources of the investment  program of gas distribution enterprises. It is proved that the level of funding depends on the size  of NCREU rates and gas consumption. Scientific novelty of the article is lack in domestic and foreign areas of research priority  selection of sources financing of the investment program for gas distribution enterprises. The practical significance is that the theoretical concepts, practical results and conclusions of  articles that reveal the essence of the problem of investment sources of financing, can be used in  the activity of gas distribution enterprises taking into account the current state of development  of the economy. Keywords: investment  resources,  financing

  14. THE SIGNIFICANCE OF FOREIGN DIRECT INVESTMENT IN COUNTRIES IN TRANSITION WITH THE PROJECTION OF FDI INFLOW IN SERBIA UNTIL 2020

    Directory of Open Access Journals (Sweden)

    STEVANOVIĆ Mirjana

    2016-11-01

    Full Text Available Foreign direct investments (FDI are the core and essence of every economic policy of any country, both in theory and in practice. In other words, we have fresh capital which is placed through foreign direct investment on the one hand and on the other hand, we have equity owners who use the opportunity to place it with the aim to make a profit. The inflow of foreign direct investments in countries in transition is analyzed in this paper, with a special emphasis on Serbia with the projection of inflow movement by the year 2020 (the statistical method of a linear growth trend was applied; problems the countries in transition are faced with, legislative regulations, tax incentives

  15. Unintended possible consequences of fuel input taxes for individual investments in greenhouse gas mitigation technologies and the resulting emissions

    Directory of Open Access Journals (Sweden)

    Heinz E. Klingelhöfer

    2017-03-01

    Full Text Available Background: South Africa is planning to introduce a carbon tax as a Pigouvian measure for the reduction of greenhouse gas emissions, one of the tax bases designed as a fuel input tax. In this form, it is supposed to incentivise users to reduce and/or substitute fossil fuels, leading to a reduction of CO2 emissions. Aim: This article examines how such a carbon tax regime may affect the individual willingness to invest in greenhouse gas mitigation technologies. Setting: Mathematical derivation, using methods of linear programming, duality theory and sensitivity analysis. Methods: By employing a two-step evaluation approach, it allows to identify the factors determining the maximum price an individual investor would pay for such an investment, given the conditions of imperfect markets. Results: This price ceiling depends on the (corrected net present values of the payments and on the interdependencies arising from changes in the optimal investment and production programmes. Although the well-established results of environmental economics usually can be confirmed for a single investment, increasing carbon taxes may entail sometimes contradictory and unexpected consequences for individual investments in greenhouse gas mitigation technologies and the resulting emissions. Under certain circumstances, they may discourage such investments and, when still undertaken, even lead to higher emissions. However, these results can be interpreted in an economically comprehensible manner. Conclusion: Under the usually given conditions of imperfect markets, the impact of a carbon tax regime on individual investment decisions to mitigate greenhouse gas emissions is not as straight forward as under the usually assumed, but unrealistically simplifying perfect market conditions. To avoid undesired and discouraging effects, policy makers cannot make solitary decisions, but have to take interdependencies on the addressee´s side into account. The individual investor

  16. A Priority Rule-Based Heuristic for Resource Investment Project Scheduling Problem with Discounted Cash Flows and Tardiness Penalties

    Directory of Open Access Journals (Sweden)

    Amir Abbas Najafi

    2009-01-01

    Full Text Available Resource investment problem with discounted cash flows (RIPDCFs is a class of project scheduling problem. In RIPDCF, the availability levels of the resources are considered decision variables, and the goal is to find a schedule such that the net present value of the project cash flows optimizes. In this paper, we consider a new RIPDCF in which tardiness of project is permitted with defined penalty. We mathematically formulated the problem and developed a heuristic method to solve it. The results of the performance analysis of the proposed method show an effective solution approach to the problem.

  17. Clean Coal Technology Programs: Completed Projects (Volume 2)

    Energy Technology Data Exchange (ETDEWEB)

    Assistant Secretary for Fossil Energy

    2003-12-01

    Annual report on the Clean Coal Technology Demonstration Program (CCTDP), Power Plant Improvement Initiative (PPII), and Clean Coal Power Initiative (CCPI). The report addresses the roles of the programs, implementation, funding and costs, project descriptions, legislative history, program history, environmental aspects, and project contacts. The project descriptions describe the technology and provides a brief summary of the demonstration results.

  18. Environmental Regulation, Foreign Direct Investment and Green Technological Progress—Evidence from Chinese Manufacturing Industries

    Directory of Open Access Journals (Sweden)

    Jiangfeng Hu

    2018-01-01

    Full Text Available This study examines the spillover effects of foreign direct investment (FDI on green technology progress rate (as measured by the green total factor productivity. The analysis utilizes two measures of FDI, labor-based FDI and capital-based FDI, and separately investigates four sets of industry classifications—high/low discharge regulation and high/low emission standard regulation. The results indicate that in the low discharge regulation and low emission standard regulation industry, labor-based FDI has a significant negative spillover effect, and capital-based FDI has a significant positive spillover effect. However, in the high-intensity environmental regulation industry, the negative influence of labor-based FDI is completely restrained, and capital-based FDI continues to play a significant positive green technological spillover effects. These findings have clear policy implications: the government should be gradually reducing the labor-based FDI inflow or increasing stringency of environmental regulation in order to reduce or eliminate the negative spillover effect of the labor-based FDI.

  19. Environmental Regulation, Foreign Direct Investment and Green Technological Progress-Evidence from Chinese Manufacturing Industries.

    Science.gov (United States)

    Hu, Jiangfeng; Wang, Zhao; Lian, Yuehan; Huang, Qinghua

    2018-01-29

    This study examines the spillover effects of foreign direct investment (FDI) on green technology progress rate (as measured by the green total factor productivity). The analysis utilizes two measures of FDI, labor-based FDI and capital-based FDI, and separately investigates four sets of industry classifications-high/low discharge regulation and high/low emission standard regulation. The results indicate that in the low discharge regulation and low emission standard regulation industry, labor-based FDI has a significant negative spillover effect, and capital-based FDI has a significant positive spillover effect. However, in the high-intensity environmental regulation industry, the negative influence of labor-based FDI is completely restrained, and capital-based FDI continues to play a significant positive green technological spillover effects. These findings have clear policy implications: the government should be gradually reducing the labor-based FDI inflow or increasing stringency of environmental regulation in order to reduce or eliminate the negative spillover effect of the labor-based FDI.

  20. Environmental Regulation, Foreign Direct Investment and Green Technological Progress—Evidence from Chinese Manufacturing Industries

    Science.gov (United States)

    Hu, Jiangfeng; Wang, Zhao; Lian, Yuehan; Huang, Qinghua

    2018-01-01

    This study examines the spillover effects of foreign direct investment (FDI) on green technology progress rate (as measured by the green total factor productivity). The analysis utilizes two measures of FDI, labor-based FDI and capital-based FDI, and separately investigates four sets of industry classifications—high/low discharge regulation and high/low emission standard regulation. The results indicate that in the low discharge regulation and low emission standard regulation industry, labor-based FDI has a significant negative spillover effect, and capital-based FDI has a significant positive spillover effect. However, in the high-intensity environmental regulation industry, the negative influence of labor-based FDI is completely restrained, and capital-based FDI continues to play a significant positive green technological spillover effects. These findings have clear policy implications: the government should be gradually reducing the labor-based FDI inflow or increasing stringency of environmental regulation in order to reduce or eliminate the negative spillover effect of the labor-based FDI. PMID:29382112

  1. 30 CFR 402.11 - Technology-development project applications.

    Science.gov (United States)

    2010-07-01

    ... 30 Mineral Resources 2 2010-07-01 2010-07-01 false Technology-development project applications... RESEARCH PROGRAM AND THE WATER-RESOURCES TECHNOLOGY DEVELOPMENT PROGRAM Application, Evaluation, and Management Procedures § 402.11 Technology-development project applications. (a) Grant awards will be used to...

  2. Project Mechanisms and Technology Diffusion in Climate Policy - Kyoto project mechanisms and technology diffusion

    International Nuclear Information System (INIS)

    Glachant, M.; Meniere, Y.

    2010-01-01

    The paper deals with the diffusion of GHG mitigation technologies in developing countries. We develop a model where an abatement technology is progressively adopted by firms and we use it to compare the Clean Development Mechanism (CDM) with a standard Cap and Trade scheme (C and T). In the presence of learning spillovers, we show that the CDM yields a higher social welfare than C and T if the first adopter receives CDM credits whereas the followers do not. This result lends support to the policy proposal of relaxing the CDM additionality constraint for projects which generate significant learning externalities. (authors)

  3. The deformation of wax patterns and castings in investment casting technology

    Directory of Open Access Journals (Sweden)

    A. Herman

    2012-01-01

    Full Text Available The dimensional accuracy of the final casting of Inconel alloy 738 LC is affected by many aspects. One of them is the choice of method and time of cooling wax model for precision investment casting. The main objective was to study the initial deformation of the complex shape of the casting of the rotor blades. Various approaches have been tested for cooling wax pattern. When wax models are cooling on the air, without clamping in jig for cooling, deviations from the ideal shape of the casting are very noticeable (up to 8 mm and most are in extreme positions of the model. When blade is cooled in fixing jig in water environment, the resulting deviations compared with cooling in air are significantly larger, sometimes up to 10 mm. This itself does not mean that the final shape of the casting is dimensionally more accurate with usage of wax models, which have deviations from the ideal position smaller. Another deformation occurs when shell mould is produced around wax pattern and furthermore deformations emerge while casting of blade is cooling. This paper demonstrates first steps in describing complex process of deformations of Inconel alloy blades produced with investment casting technology by comparing results from thermal imagery, simulations in foundry simulation software ProCAST 2010 and measurements from CNC scanning system Carl Zeiss MC 850. Conclusions are so far not groundbreaking, but it seems deformations of wax pattern and deformations of castings do in some cases cancel each other by having opposite directions. Describing entirely whole process of deformations will help increase precision of blade castings so that models at the beginning and blades in the end are the same.

  4. A System Dynamics Analysis of Investment, Technology and Policy that Affect Natural Gas Exploration and Exploitation in China

    Directory of Open Access Journals (Sweden)

    Jianzhong Xiao

    2017-01-01

    Full Text Available Natural gas has an increasing role in Chinese energy transformation. We present a system dynamics model of the natural gas industry in China. A new system dynamics model for natural gas companies based on reserve exploration and well construction as well as investment dynamics is proposed. The contribution of the paper is to analyze the influence of technology, investment and policy factors on the natural gas industry. We found that the dynamics of the main variables, including gas policy, cost of investment, accounting depreciation and exploitation technology, are sensitive to the sustainable development of resources. The simulations and results presented here will be helpful for government to reform policies, and for upstream companies to make decisions.

  5. The behavioural aspect of green technology investments: A general positive model in the context of heterogeneous agents

    NARCIS (Netherlands)

    Knobloch, F.; Mercure, J.F.A.

    2016-01-01

    Studies report that firms do not invest in cost-effective green technologies. While economic barriers can explain parts of the gap, behavioural aspects cause further under-valuation. This could be partly due to systematic deviations of decision-making agents’ perceptions from normative benchmarks,

  6. Project and desire of being teacher of physical education in public schools: an study about teaching and pedagogical investment

    Directory of Open Access Journals (Sweden)

    Artur Gomes de Souza

    2017-02-01

    Full Text Available This paper had as study object the pedagogical investment of the teacher. We investigated the trajectory and the practices of one female teacher that works for 13 years in basic education. We used the biographic and ethnographic approach, as resource to semi-structured interview and observations of 24 classes taught by that teacher. The Sartrean categories of project and desire of being and, also, the concept of mobiles that, according to the Soviet School, give sense to the subject activity, were used in the data analyses refered to the trajectory and pedagogical investment. We identified that the fundamental mediations in her project achievement and the reasons that incites to act in an permanent basis of adversity and accomplishments.

  7. Maturity and Performance in Information Technology Project Management

    OpenAIRE

    Renato de Oliveira Moraes; Fernando José Barbin Laurindo

    2013-01-01

    This study concerns the relationship between the information technology (IT) project performance and the project management maturity of an organization. The research was developed from a survey of 185 respondents during 2010. Project performance was evaluated using the two first dimensions proposed by Shenhar et al (2001) – project efficiency and impact on the customer. Project management maturity was evaluated using the formalization level of project management processes described in PMBoK. ...

  8. Academic Training: The ITER project: technological challenges

    CERN Multimedia

    Françoise Benz

    2005-01-01

    2004-2005 ACADEMIC TRAINING PROGRAMME LECTURE SERIES 31 May, 1, 2, 3, June from 11:00 to 12:00 on 31 May and 2, 3, June. From 10:00 to 12:00 on 1 June - Main Auditorium, bldg. 500 The ITER project: technological challenges J. LISTER / CRPP-EPFL, Lausanne, CH and P. BRUZZONE / CRPP-EPFL, Zürich, CH The first lecture reminds us of the ITER challenges, presents hard engineering problems, typically due to mechanical forces and thermal loads and identifies where the physics uncertainties play a significant role in the engineering requirements. The second lecture presents soft engineering problems of measuring the plasma parameters, feedback control of the plasma and handling the physics data flow and slow controls data flow from a large experiment like ITER. The last three lectures focus on superconductors for fusion. The third lecture reviews the design criteria and manufacturing methods for 6 milestone-conductors of large fusion devices (T-7, T-15, Tore Supra, LHD, W-7X, ITER). The evolution of the...

  9. Academic Training: The ITER project: technological challenges

    CERN Multimedia

    Françoise Benz

    2005-01-01

    2004-2005 ACADEMIC TRAINING PROGRAMME LECTURE SERIES 31 May, 1, 2, 3, June from 11:00 to 12:00 on 31 May and 2, 3, June. From 10:00 to 12:00 on 1 June - Main Auditorium, bldg. 500 The ITER project: technological challenges J. LISTER / CRPP-EPFL, Lausanne and P. BRUZZONE / CRPP-EPFL, Zürich The first lecture reminds us of the ITER challenges, presents hard engineering problems, typically due to mechanical forces and thermal loads and identifies where the physics uncertainties play a significant role in the engineering requirements. The second lecture presents soft engineering problems of measuring the plasma parameters, feedback control of the plasma and handling the physics data flow and slow controls data flow from a large experiment like ITER. The last three lectures focus on superconductors for fusion. The third lecture reviews the design criteria and manufacturing methods for 6 milestone-conductors of large fusion devices (T-7, T-15, Tore Supra, LHD, W-7X, ITER). The evolution of the de...

  10. Nuclear Systems (NS): Technology Demonstration Unit (TDU) Project

    Data.gov (United States)

    National Aeronautics and Space Administration — The Nuclear Systems Project demonstrates nuclear power technology readiness to support the goals of NASA’s Space Technology Mission Directorate. To this end,...

  11. Solid State Electrolyte for Li Battery Technology Project

    Data.gov (United States)

    National Aeronautics and Space Administration —  The fabrication technology developed in this project will aid GRC in advancing  Lithium Ion Batteries (LIB) technology by developing new electrode and SSE...

  12. CubeSat infrared atmospheric sounder (CIRAS) NASA InVEST technology demonstration

    Science.gov (United States)

    Pagano, Thomas S.

    2017-02-01

    Infrared sounders measure the upwelling radiation of the Earth in the Midwave Infrared (MWIR) and Longwave Infrared (LWIR) region of the spectrum with global daily coverage from space. The observed radiances are assimilated into weather forecast models and used to retrieve lower tropospheric temperature and water vapor for climate studies. There are several operational sounders today including the Atmospheric Infrared Sounder (AIRS) on Aqua, the Crosstrack Infrared Sounder (CrIS) on Suomi NPP and JPSS, and the Infrared Atmospheric Sounding Interferometer (IASI) on the MetOp spacecraft. The CubeSat Infrared Atmospheric Sounder (CIRAS) is a NASA In-flight Validation of Earth Science Technologies (InVEST) program to demonstrate three new instrument technologies in an imaging sounder configuration. The first is a 2D array of High Operating Temperature Barrier Infrared Detector (HOT-BIRD) material, selected for its high uniformity, low cost, low noise and higher operating temperatures than traditional materials. The detectors are hybridized to a commercial ROIC and commercial camera electronics. The second technology is a MWIR Grating Spectrometer (MGS) designed to provide imaging spectroscopy for atmospheric sounding in a CubeSat volume. The MGS employs an immersion grating or grism, has no moving parts, and is based on heritage spectrometers including the OCO- 2. The third technology is a Black Silicon infrared blackbody calibration target. The Black Silicon offers very low reflectance over a broad spectral range on a flat surface and is more robust than carbon nanotubes. JPL will also develop the mechanical, electronic and thermal subsystems for the CIRAS payload. The spacecraft will be a commercially available CubeSat. The integrated system will be a complete 6U CubeSat capable of measuring temperature and water vapor profiles with good lower tropospheric sensitivity. The low cost of CIRAS enables multiple units to be flown to improve temporal coverage or measure 3D

  13. An Evaluation of Investment in a PV Power Generation Project in the Gobi Desert Using a Real Options Model

    Directory of Open Access Journals (Sweden)

    Yiqing Li

    2018-01-01

    Full Text Available This paper presents a policy benefit model of a photovoltaic (PV power generation project based on real options analysis (ROA and the two-factor learning curve model. The main purpose is to examine the investment behavior of developing a PV project in the Gobi desert considering multiple uncertain factors. We take the environmental cost of desertification control into account for the first time in the literature. Four other uncertain factors are thermal power cost, PV power generation cost, carbon prices, and government subsidy. A binary tree method is applied to solve the proposed model, and we obtain both unit decision value and optimal investment time. Our baseline scenario illustrates that ROA is more effective than net present value (NPV analysis when dealing with uncertainty. Our simulation results show that the government could suffer a loss in accordance with the existing subsidy policy when investing in a PV project. Therefore, the subsidy should be gradually reduced. Finally, the influence of the subsidy policy on decision value is discussed, and an appropriate subsidy is determined accordingly.

  14. THEORETICAL AND PRACTICAL CONSIDERATIONS REGARDING THE IMPORTANCE OF INVESTMENT IN TECHNOLOGY AND INFORMATION IN THE PROCESS OF ECONOMIC GROWTH

    Directory of Open Access Journals (Sweden)

    CEAUSESCU IONUT

    2013-02-01

    Full Text Available The main purpose of this study is to capture based on new theories of economic growth in the knowledge, based economic development, the importance of investing in information are as a new factor of production, we propose a different treatment of essential identifiable knowledge structures: technologies and information .. Meanwhile, the article aims to capture the role that information plays in this highly complex process of economic growth. I realized through this expose, a representation of specific investments in information behavior and reasoning phenomena sustainable development concepts.

  15. Optimal Technology Investment and Operation in Zero-Net-Energy Buildings with Demand Response

    International Nuclear Information System (INIS)

    Stadler, Michael; Siddiqui, Afzal; Marnay, Chris; Hirohisa, Aki; Lai, Judy

    2009-01-01

    The US Department of Energy has launched the Zero-Net-Energy (ZNE) Commercial Building Initiative (CBI) in order to develop commercial buildings that produce as much energy as they use. Its objective is to make these buildings marketable by 2025 such that they minimize their energy use through cutting-edge energy-efficient technologies and meet their remaining energy needs through on-site renewable energy generation. We examine how such buildings may be implemented within the context of a cost- or carbon-minimizing microgrid that is able to adopt and operate various technologies, such as photovoltaic (PV) on-site generation, heat exchangers, solar thermal collectors, absorption chillers, and passive/demand-response technologies. We use a mixed-integer linear program (MILP) that has a multi-criteria objective function: the minimization of a weighted average of the building's annual energy costs and carbon/CO2 emissions. The MILP's constraints ensure energy balance and capacity limits. In addition, constraining the building's energy consumed to equal its energy exports enables us to explore how energy sales and demand-response measures may enable compliance with the CBI. Using a nursing home in northern California and New York with existing tariff rates and technology data, we find that a ZNE building requires ample PV capacity installed to ensure electricity sales during the day. This is complemented by investment in energy-efficient combined heat and power equipment, while occasional demand response shaves energy consumption. A large amount of storage is also adopted, which may be impractical. Nevertheless, it shows the nature of the solutions and costs necessary to achieve ZNE. For comparison, we analyze a nursing home facility in New York to examine the effects of a flatter tariff structure and different load profiles. It has trouble reaching ZNE status and its load reductions as well as efficiency measures need to be more effective than those in the CA case

  16. A three pronged approach to community scale renewable energy: Education, incremental capital investment and smart grid technology

    Science.gov (United States)

    Demeo, Anna E.

    ; first hand exposure to technology, providing a sense of independence that strengthens communities, and developing a direct link between the energy people use and how that energy is created. Ultimately community scale renewable energy projects help bolster support for large-scale projects that are imperative to making real and lasting progress towards reducing emissions. Finally, technological advancements in renewable energy generation, energy storage and distribution systems, are imperative to replacing fossil fuels. The shift towards a higher penetration of renewable energy into the electric grid can be realized with the implementation of a more sophisticated smart grid, which uses dynamic demand response to alter demand to follow generation. Introduction of tidal power can serve to further stabilize the grid and reduce the amount of storage required. This work describes an interdisciplinary approach to addressing issues of energy, and thereby climate, through substantive efforts in three concentrations; energy literacy education, community driven renewable energy projects based on incremental capital investment and a smart, micro grid encompassing tidal power and other renewable energy source.

  17. Estimation of the Net Present Value of the Investment Project in the Situation of Fuzzy Initial Data

    Directory of Open Access Journals (Sweden)

    Kotsyuba Oleksiy S.

    2017-03-01

    Full Text Available The article investigates the problem of estimating the net present value of the investment project using a methodology based on the theory of fuzzy sets in the situation when the initial data are described by fuzzy estimates. In the general case the fuzzy-multiple estimation of the specified indicator at a discrete-interval representation of the initial parameters is reduced to a set of homogeneous optimization problems. Often, depending on the characteristics of fuzzy estimates of cash flows of the investment project under consideration, the solutions to these problems can be found directly on the basis of relevant analytical expressions, while other problems require using special optimization methods. In the work there made an attempt to develop the analytical component of the fuzzy-multiple modeling of the net present value indicator. First, we examined the general search and optimization approach, which allows providing a predetermined degree of accuracy, as well as the method for approximate determination of the fuzzy estimate of the net present value on the basis of analytical relationships developed by Сhui-Yu Chiu and Chan S. Park. After that, the situation was analyzed, and the corresponding calculation model was proposed, when fuzzy estimates of the cash flows of the investment project can be interpreted from the perspective of the concept of the money-generating operation formulated by O. B. Lozhkin. Among other things, it allowed to develop a general scheme for determining the fuzzy estimate of the net present value, supplementing it with the situation of this concept. As the main direction of the further development of the problems discussed in the publication there determined the formation of a holistic methodology for evaluating the effectiveness of real investments, which would cover different in their nature and structural characteristics types of uncertainty from unified theoretical positions.

  18. Propulsive Descent Technologies (PDT): Original Content Project

    Data.gov (United States)

    National Aeronautics and Space Administration — Future missions to Mars require landed mass that exceeds the capability of current entry, descent, and landing technology.  New technology and techniques are...

  19. River Protection Project Technology and Innovation Roadmap.

    Energy Technology Data Exchange (ETDEWEB)

    Reid, D. S. [Hanford Site (HNF), Richland, WA (United States); Wooley, T. A. [Hanford Site (HNF), Richland, WA (United States); Kelly, S. E. [Hanford Site (HNF), Richland, WA (United States)

    2017-08-14

    The Technology and Innovation Roadmap is a planning tool for WRPS management, DOE ORP, DOE EM, and others to understand the risks and technology gaps associated with the RPP mission. The roadmap identifies and prioritizes technical areas that require technology solutions and underscores where timely and appropriate technology development can have the greatest impact to reduce those risks and uncertainties. The roadmap also serves as a tool for determining allocation of resources.

  20. Shared Investment Projects and Forecasting Errors: Setting Framework Conditions for Coordination and Sequencing Data Quality Activities

    Science.gov (United States)

    Leitner, Stephan; Brauneis, Alexander; Rausch, Alexandra

    2015-01-01

    In this paper, we investigate the impact of inaccurate forecasting on the coordination of distributed investment decisions. In particular, by setting up a computational multi-agent model of a stylized firm, we investigate the case of investment opportunities that are mutually carried out by organizational departments. The forecasts of concern pertain to the initial amount of money necessary to launch and operate an investment opportunity, to the expected intertemporal distribution of cash flows, and the departments’ efficiency in operating the investment opportunity at hand. We propose a budget allocation mechanism for coordinating such distributed decisions The paper provides guidance on how to set framework conditions, in terms of the number of investment opportunities considered in one round of funding and the number of departments operating one investment opportunity, so that the coordination mechanism is highly robust to forecasting errors. Furthermore, we show that—in some setups—a certain extent of misforecasting is desirable from the firm’s point of view as it supports the achievement of the corporate objective of value maximization. We then address the question of how to improve forecasting quality in the best possible way, and provide policy advice on how to sequence activities for improving forecasting quality so that the robustness of the coordination mechanism to errors increases in the best possible way. At the same time, we show that wrong decisions regarding the sequencing can lead to a decrease in robustness. Finally, we conduct a comprehensive sensitivity analysis and prove that—in particular for relatively good forecasters—most of our results are robust to changes in setting the parameters of our multi-agent simulation model. PMID:25803736

  1. Shared investment projects and forecasting errors: setting framework conditions for coordination and sequencing data quality activities.

    Science.gov (United States)

    Leitner, Stephan; Brauneis, Alexander; Rausch, Alexandra

    2015-01-01

    In this paper, we investigate the impact of inaccurate forecasting on the coordination of distributed investment decisions. In particular, by setting up a computational multi-agent model of a stylized firm, we investigate the case of investment opportunities that are mutually carried out by organizational departments. The forecasts of concern pertain to the initial amount of money necessary to launch and operate an investment opportunity, to the expected intertemporal distribution of cash flows, and the departments' efficiency in operating the investment opportunity at hand. We propose a budget allocation mechanism for coordinating such distributed decisions The paper provides guidance on how to set framework conditions, in terms of the number of investment opportunities considered in one round of funding and the number of departments operating one investment opportunity, so that the coordination mechanism is highly robust to forecasting errors. Furthermore, we show that-in some setups-a certain extent of misforecasting is desirable from the firm's point of view as it supports the achievement of the corporate objective of value maximization. We then address the question of how to improve forecasting quality in the best possible way, and provide policy advice on how to sequence activities for improving forecasting quality so that the robustness of the coordination mechanism to errors increases in the best possible way. At the same time, we show that wrong decisions regarding the sequencing can lead to a decrease in robustness. Finally, we conduct a comprehensive sensitivity analysis and prove that-in particular for relatively good forecasters-most of our results are robust to changes in setting the parameters of our multi-agent simulation model.

  2. Construction Project Performance Improvement through Radio Frequency Identification Technology Application on a Project Supply Chain

    Science.gov (United States)

    Wang, Heng

    2017-01-01

    Construction project productivity typically lags other industries and it has been the focus of numerous studies in order to improve the project performance. This research investigated the application of Radio Frequency Identification (RFID) technology on construction projects' supply chain and determined that RFID technology can improve the…

  3. Public financial institutions and the low carbon transition: five case studies on low-carbon infrastructure and project investment. Environment working paper No. 72:

    International Nuclear Information System (INIS)

    Cochran, Ian; Hubert, Romain; Marchal, Virginie; Youngman, Robert; Rus, Katerina; Baker, Jade; Kynaston, Jane

    2014-01-01

    Public financial institutions (PFIs) are well-positioned to act as a key leverage point for governments' efforts to mobilise private investment in low-carbon projects and infrastructure. The study identifies the tools, instruments and approaches used by five PFIs to directly support and scale-up domestic private sector investment in sustainable transport, energy-efficiency and renewable energy in OECD countries. Between 2010-2012, these five institutions - Group Caisse des Depots in France, KfW Bankengruppe in Germany, the UK Green Investment Bank, the European Investment Bank, and the European Bank for Reconstruction and Development - have provided over 100 billion euros of equity investment and financing for energy efficiency, renewable energy and sustainable transport projects. They use both traditional and innovative approaches to link low-carbon projects with finance through enhancing access to capital; facilitating risk reduction and sharing; improving the capacity of market actors; and shaping broader market practices and conditions. (authors)

  4. Joint development of China's medium/small hydropower projects with international investment

    International Nuclear Information System (INIS)

    Xiaozhang, Z.

    1991-01-01

    A general profile of development of small and medium hydropower in China, is described at first. The socio-economic impacts as well as direct financial benefit will then be analyzed. A prospective view of medium/small hydro development for year 2,000 leads to a description of needs for foreign investment in this field. Following the adoption of open policy, a series of regulations for joint venture with foreign investment have been stipulated by the government, and are briefly illustrated. Future prospect is predicted on the basis of past experiences and planning for the next decade. 3 tabs

  5. Technology transfer by CDM projects: A comparison of Brazil, China, India and Mexico

    International Nuclear Information System (INIS)

    Dechezlepretre, Antoine; Glachant, Matthieu; Meniere, Yann

    2009-01-01

    In a companion paper [Dechezlepretre, A., Glachant, M., Meniere, Y., 2008. The Clean Development Mechanism and the international diffusion of technologies: An empirical study, Energy Policy 36, 1273-1283], we gave a general description of technology transfers by Clean Development Mechanism (CDM) projects and we analyzed their drivers. In this paper, we use the same data and similar econometric models to explain inter-country differences. We focus on 4 countries gathering about 75% of the CDM projects: Brazil, China, India and Mexico. Sixty eight percent of Mexican projects include an international transfer of technology. The rates are, respectively, 12%, 40% and 59% for India, Brazil and China. Our results show that transfers to Mexico and Brazil are mainly related to the strong involvement of foreign partners and good technological capabilities. Besides a relative advantage with respect to these factors, the higher rate of international transfers in Mexico seems to be due to a sector-composition effect. The involvement of foreign partners is less frequent in India and China, where investment opportunities generated by fast growing economies seem to play a more important role in facilitating international technology transfers through the CDM. International transfers are also related to strong technology capabilities in China. In contrast, the lower rate of international transfer (12%) in India may be due to a better capability to diffuse domestic technologies

  6. Critical success factors in information technology projects

    Directory of Open Access Journals (Sweden)

    Ayesha

    2017-02-01

    Full Text Available The purpose of this study is to determine the critical success factors (CSF of IT projects in Pa-kistan. The identified factors cannot only be functional to exact type IT projects but also to all types of IT projects, their success directly affects the achievement of whole organization. The proposed study of this paper has determined 15 factors influencing the most on the success of IT projects through multiple regression analysis. The survey has disclosed that many CSFs were found related to IT projects but these 15 factors are also the backbone of IT projects. The re-search results obtained clearly indicated that the Leadership Qualities played a significant role in obtaining Top Management support in order to access to resources however, the Leadership Qualities did not play any role on the trained and capable Project Team Members. Besides, it is undoubtedly defined effective communication of the project was established to be influential on the conclusion and contributing factor towards the Success of IT projects in Pakistan. Top Man-agement Support as a whole was not found to play a key role in the IT Project Success.

  7. Employee Perception of the Impact of Information Technology Investment in Organisations: a survey of the hotel industry

    Directory of Open Access Journals (Sweden)

    Bruce Lo

    2000-05-01

    Full Text Available To improve their operational efficiency and to maintain their competitiveness in the market place many organisations continue to invest substantially in their Information Technology (IT capability. But how do the employees themselves view the impact and the value of IT investment? This paper considers this question in the context of the hospitality industry. More specifically, it investigates the different perception of hotel employees on the impact of organisational IT investment on (a IT usage by employees, (b employee satisfaction with the IT systems, (c changes in the level of employee performance, and (d organisational performance of the hotel. 945 hotel employees in Bali, Indonesia were surveyed to assess their perception of the organisational impact of IT. Factor analysis, analysis of variance and regression analysis were performed on the data to examine the' range of employee viewpoints. Results showed that there were significant differences among the employees' perception with respect to age, educational level, position in the hotel, and individual income. These findings suggest that even senior management may regard the investment in IT is worthwhile, there may be a divergence of opinion among the employees as to what are the real benefits of IT. In order to fully leverage the potential of their IT investment, managers should pay particular attention to shaping the views of the employees who ultimately determine whether the IT capabilities in an organisation are put to use.

  8. Demonstration projects for diffusion of clean technological innovation: a review

    NARCIS (Netherlands)

    Bossink, B.A.G.

    2014-01-01

    The demonstration project can be an effective organizational form to transform a clean technology prototype - for example, in the field of photovoltaics, carbon capture and storage, or wind power - into a marketable product. A question with regard to the clean technology demonstration project is how

  9. MEASURING PERFORMANCE – IDINSPENSABLE ELEMENT IN ASSURING TRANSPARENCY IN DECISION MAKING PROCESS OF INVESTMENT PROJECTS IMPLEMENTATION (the example of municipality Chisinau

    Directory of Open Access Journals (Sweden)

    Victor PAVALEAN

    2016-06-01

    Full Text Available Performance evaluation proved to be an indispensable component, both, for ensuring the performance criteria budget locally, but also, for ensuring the legality of the investment projects implementation, focusing on quality of the works for which public financial sources were invested,in order to respond effectively to the needs of urban comfort.

  10. 12 CFR 225.127 - Investment in corporations or projects designed primarily to promote community welfare.

    Science.gov (United States)

    2010-01-01

    .... For bank holding companies that file the FR Y-9C (Consolidated Financial Statements for Bank Holding... the FR Y-SP (Parent Company Only Financial Statements for Small Bank Holding Companies), an... CONTROL (REGULATION Y) Regulations Financial Holding Companies Interpretations § 225.127 Investment in...

  11. Science and technology for the new century : a framework for the human resources management of the federal science and technology community - project 1, management and scientific development and training

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-11-01

    The science-based departments of the Canadian Government are responsible for ensuring the effectiveness and relevance of federal investment in science and technology research projects. This publication provides a flexible framework for effectively planning and delivering a learning strategy for the science and technology workforce to ensure that federal science and technology objectives can be met in the future. The framework helps to: (1) identify the corporate needs for developing the science and technology workforce of the federal government by providing recommendations to appropriate organizations, (2) establish the need for a learning strategy linked to the business lines of each organization, (3) find the best ways to implement learning at the appropriate level of investment, (4) choose means to monitor this investment so that its impact on the organization can be measured, and (5) take the proper steps to ensure the successful introduction and nurturing of a learning environment to ensure maximum return on the investment. 9 refs., 5 figs.

  12. Cryogenic MEMS Technology for Sensing Applications Project

    Data.gov (United States)

    National Aeronautics and Space Administration — The development of cryogenic microwave components, such as focal plane polarization modulators, first requires an RF MEMS switching technology that operates...

  13. In-Space Propulsion (346620) Technology Project

    Data.gov (United States)

    National Aeronautics and Space Administration — Technologies include, but are not limited to, electric and advanced chemical propulsion, propellantless propulsion such as aerocapture and solar sails, sample return...

  14. Current Renewable Energy Technologies and Future Projections

    Energy Technology Data Exchange (ETDEWEB)

    Allison, Stephen W [ORNL; Lapsa, Melissa Voss [ORNL; Ward, Christina D [ORNL; Smith, Barton [ORNL; Grubb, Kimberly R [ORNL; Lee, Russell [ORNL

    2007-05-01

    The generally acknowledged sources of renewable energy are wind, geothermal, biomass, solar, hydropower, and hydrogen. Renewable energy technologies are crucial to the production and utilization of energy from these regenerative and virtually inexhaustible sources. Furthermore, renewable energy technologies provide benefits beyond the establishment of sustainable energy resources. For example, these technologies produce negligible amounts of greenhouse gases and other pollutants in providing energy, and they exploit domestically available energy sources, thereby reducing our dependence on both the importation of fossil fuels and the use of nuclear fuels. The market price of renewable energy technologies does not reflect the economic value of these added benefits.

  15. Assessing the Relationship between Ethical Project Management and Information Technology Project Success

    Science.gov (United States)

    Howell, Byron Winter

    2010-01-01

    The purpose of this quantitative study was to assess the relationship between ethical project management and information technology (IT) project success. The success of IT projects is important for organizational success, but the rate of IT projects is historically low, costing billions of dollars annually. Using four key ethical variables…

  16. The Columbia River Protection Supplemental Technologies Quality Assurance Project Plan

    International Nuclear Information System (INIS)

    Fix, Anne

    2007-01-01

    The U.S. Department of Energy (DOE) has conducted interim groundwater remedial activities on the Hanford Site since the mid-1990s for several groundwater contamination plumes. DOE established the Columbia River Protection Supplemental Technologies Project (Technologies Project) in 2006 to evaluate alternative treatment technologies. The objectives for the technology project are as follows: develop a 300 Area polyphosphate treatability test to immobilize uranium, design and test infiltration of a phosphate/apatite technology for Sr-90 at 100-N, perform carbon tetrachloride and chloroform attenuation parameter studies, perform vadose zone chromium characterization and geochemistry studies, perform in situ biostimulation of chromium studies for a reducing barrier at 100-D, and perform a treatability test for phytoremediation for Sr-90 at 100-N. This document provides the quality assurance guidelines that will be followed by the Technologies Project. This Quality Assurance Project Plan is based on the quality assurance requirements of DOE Order 414.1C, Quality Assurance, and 10 CFR 830, Subpart A--Quality Assurance Requirements as delineated in Pacific Northwest National Laboratory?s Standards-Based Management System. In addition, the technology project is subject to the Environmental Protection Agency (EPA) Requirements for Quality Assurance Project Plans (EPA/240/B-01/003, QA/R-5). The Hanford Analytical Services Quality Assurance Requirements Documents (HASQARD, DOE/RL-96-68) apply to portions of this project and to the subcontractors. HASQARD requirements are discussed within applicable sections of this plan.

  17. New business opportunity: Green field project with new technology

    Science.gov (United States)

    Lee, Seung Jae; Woo, Jong Hun; Shin, Jong Gye

    2014-06-01

    Since 2009 of global financial crisis, shipbuilding industry has undergone hard times seriously. After such a long depression, the latest global shipping market index shows that the economic recovery of global shipbuilding market is underway. Especially, nations with enormous resources are going to increase their productivity or expanding their shipyards to accommodate a large amount of orders expected in the near future. However, few commercial projects have been carried out for the practical shipyard layout designs even though those can be good commercial opportunities for shipbuilding engineers. Shipbuilding starts with a shipyard construction with a large scale investment initially. Shipyard design and the equipment layout problem, which is directly linked to the productivity of ship production, is an important issue in the production planning of mass production of ships. In many cases, shipbuilding yard design has relied on the experience of the internal engineer, resulting in sporadic and poorly organized processes. Consequently, economic losses and the trial and error involved in such a design process are inevitable problems. The starting point of shipyard construction is to design a shipyard layout. Four kinds of engineering parts required for the shipyard layout design and construction. Those are civil engineering, building engineering, utility engineering and production layout engineering. Among these parts, production layout engineering is most important because its result is used as a foundation of the other engineering parts, and also, determines the shipyard capacity in the shipyard lifecycle. In this paper, the background of shipbuilding industry is explained in terms of engineering works for the recognition of the macro trend. Nextly, preliminary design methods and related case study is introduced briefly by referencing the previous research. Lastly, the designed work of layout design is validated using the computer simulation technology.

  18. New business opportunity: Green field project with new technology

    Directory of Open Access Journals (Sweden)

    Seung Jae Lee

    2014-06-01

    Full Text Available Since 2009 of global financial crisis, shipbuilding industry has undergone hard times seriously. After such a long depression, the latest global shipping market index shows that the economic recovery of global shipbuilding market is underway. Especially, nations with enormous resources are going to increase their productivity or expanding their shipyards to accommodate a large amount of orders expected in the near future. However, few commercial projects have been carried out for the practical shipyard layout designs even though those can be good commercial opportunities for shipbuilding engineers. Shipbuilding starts with a shipyard construction with a large scale investment initially. Shipyard design and the equipment layout problem, which is directly linked to the productivity of ship production, is an important issue in the production planning of mass production of ships. In many cases, shipbuilding yard design has relied on the experience of the internal engineer, resulting in sporadic and poorly organized processes. Consequently, economic losses and the trial and error involved in such a design process are inevitable problems. The starting point of shipyard construction is to design a shipyard layout. Four kinds of engineering parts required for the shipyard layout design and construction. Those are civil engineering, building engineering, utility engineering and production layout engineering. Among these parts, production layout engineering is most important because its result is used as a foundation of the other engineering parts, and also, determines the shipyard capacity in the shipyard lifecycle. In this paper, the background of shipbuilding industry is explained in terms of engineering works for the recognition of the macro trend. Nextly, preliminary design methods and related case study is introduced briefly by referencing the previous research. Lastly, the designed work of layout design is validated using the computer simulation

  19. Information Technology Project Portfolio and Strategy Alignment Assessment Based on Data Envelopment Analysis

    Directory of Open Access Journals (Sweden)

    Marisa Analía Sánchez

    2012-11-01

    Full Text Available Recent researches have shown that companies face considerable difficulties in assessing the strategy value contribution of Information Technology (IT investments. One of the major obstacles to achieving strategy alignment is that organizations find extremely difficult to link and quantify the IT investments benefits with strategic goals. The aim of this paper is to define an approach to assess portfolio-strategy alignment. To this end a formal specification of Kaplan and Norton Strategy Map is developed utilizing Unified Modeling Language (UML. The approach uses the Strategy Map as a framework for defining the portfolio value contribution and Data Envelopment Analysis (DEA is used as the methodology for measuring efficiency of project portfolios.DOI:10.5585/gep.v3i2.66

  20. Valuation of investment projects by an international oil company: a new proof of a straightforward, rigorous method

    International Nuclear Information System (INIS)

    Pierru, A.; Babusiaux, D.

    2009-02-01

    The problem studied is that of valuing investment projects of an international oil company subject to tax schemes that vary from one country to another. The existing disparities in the tax treatment of interest paid can lead the firm to seek an optimal allocation of its debt capacity among the various projects. In this context, the generalized ATWACC (After-Tax Weighted Average Cost of Capital) method presents numerous advantages over standard methods and is particularly well suited to the valuation of oil-field development projects where debt financing differs from the amount that would correspond to the debt ratio targeted by the firm at the corporate scale. In this paper, we discuss adapting the generalized ATWACC method to the specificities of the oil industry and offer new proof of its validity, based on a model that maximizes, under constraints, the firm's equity value. (authors)

  1. Explaining adoption of end of pipe solutions and clean technologies-Determinants of firms' investments for reducing emissions to air in four sectors in Sweden

    International Nuclear Information System (INIS)

    Hammar, Henrik; Loefgren, Asa

    2010-01-01

    We estimate firms' probability of technological adoption based on a firm level panel data set from four major sectors in Sweden between 2000 and 2003. Technological adoption is measured by environmental protection investments (EPI), and we focus particularly on differences between the decisions to adopt end of pipe solutions and clean technologies. We find that there seem to be different drivers for investments in end of pipe solutions and clean technologies, in particular we show that the probability of a firm investing in clean technologies to reduce emissions to air increases if the firm has expenditures for R and D related to environmental protection (green R and D), while price on energy is important for the investment in end of pipe solutions. Furthermore, our results indicate complementarity between the two types of technologies.

  2. Model for Calculating the Maximum Permissible Tax Burden in Amur Region in the Context of the Implementation of Largest Investment Projects

    OpenAIRE

    Viktor Vladimirovich Ivanov; Maria Olegovna Kakaulina; Oleg Anatolievich Tsepelev

    2018-01-01

    According to the Government of the Amur region, tax collection from the implementation of investment projects was tightly controlled from 2016, because of the region’s high debt load. This situation requires assessing the acceptability of the level of regional tax burden for business entities. The purpose of this paper is to develop a model for assessing the level of regional tax burden, taking into account the implementation of the largest investment projects in the territory. The m...

  3. An assessment of investment projects in terms of gas and oil sectors of Ukraine’s and Russia’s industry

    Directory of Open Access Journals (Sweden)

    Iryna Dzebykh

    2010-12-01

    Full Text Available This article considers the assessment of investment projects with the usage of characteristic examples, taken from gas and oil sectors of the industries, which are of crucial importance for the economies of Ukraine and Russia. These branches of industry are characterized by insufficient definition and complicacy, which necessitates the financial analysis of these sectors in Ukraine and Russia, especially if it is made for the assessment of the investment projects. In the long-term investment budget planning of the company the financial analysis is carried out to determine the investment possibilities, the value of which for the company is more than the money necessary for the ensurance of such possibilities. A few proposed methods can help specialist-analysts to take right decisions concerning investments.

  4. Flexibility and uncertainty in agribusiness projects: investing in a cogeneration plant.

    Directory of Open Access Journals (Sweden)

    Augusto Cesar Arenaro e Mello Dias

    2011-08-01

    Full Text Available Energy generation from biomass has become a source of increasing interest due to growing environmental concerns and the depletion of the world’s fossil fuel reserves. In this paper we analyze a sugar and ethanol producing plant in Brazil which has both the option to expand and to add a cogeneration unit to allow the sale of surplus energy, generated by burning sugar cane bagasse, where the existence of the second option is conditional to the exercise of the first option. We model sugar, ethanol, and electricity prices as geometric mean reverting processes and apply the real options approach to determine the value of these managerial flexibilities, considering that these options have three distinct underlying assets. The option to expand production is a function of the expected future prices of sugar and ethanol, while, on the other hand, the decision to invest in the cogeneration plant will depend on the future prices of energy. Both decisions are modeled as American Compound Options over their respective underlying assets. The model is then solved using the non-censored binomial mean reverting lattice proposed by Bastian-Pinto, Brandão, and Hahn (2010 using the software DPLTM. The results indicate that a significant value can be derived from the flexibility to choose the optimal timing of investment in both options: the investment in the cogeneration unit adds an amount equivalent to the value of the expanding sugar and ethanol production, and represents up to 44% of the project’s static NPV of R$ 195.9 million. We conclude that given that only half of the sugar cane crushing mills currently have cogeneration units installed and given the increasing demand for clean and renewable sources of energy, this may indicate there is a significant potential for investment and further development of bioelectricity cogeneration power plants, and even in the retrofit of older cogeneration units, and that government incentives have been effective in

  5. The use of fuzzy logic in coordinating investment projects in the public sector

    Directory of Open Access Journals (Sweden)

    Jože Benčina

    2007-05-01

    Full Text Available Politics and the professions often have different standpoints on development planning and investment decisions in the public sector. Opposing views, lack of understanding and an inability to accept compromises in the planning and execution of investments frequently cause deviations which ultimately reveal themselves in negativeeconomic consequences. Effective and successful planning and execution of investments in the public sector is one of the key development tasks in a state or local community. For this reason we have undertaken a detailed investigation of the issue with the goal of devising a tool in the form of a model of a system for supportin decision making. In order to make it easier for appraisers and decision makers to express their opinions in a natural and individual manner, we have introduced an appraisal with linguistic values through the use of fuzzy logic. The purpose of this article is to present the characteristics and structure of the fuzzy model for coordinating opinions, and the progress and results of its use in the case of two Slovenian municipalities.

  6. Project Management Plan for the INEL technology logic diagrams

    International Nuclear Information System (INIS)

    Rudin, M.J.

    1992-10-01

    This Project Management Plan (PjMP) describes the elements of project planning and control that apply to activities outlined in Technical Task Plan (TTP) ID-121117, ''Technology Logic Diagrams For The INEL.'' The work on this project will be conducted by personnel in EG ampersand G Idaho, Inc.'s Waste Technology Development Program. Technology logic diagrams represent a formal methodology to identify technology gaps or needs within Environmental Restoration/Waste Management Operations, which will focus on Office of Environmental Restoration and Waste Management (EM-50) research and development, demonstration, test, and evaluation efforts throughout the US Department of Energy complex. This PjMP describes the objectives, organization, roles and responsibilities, workscope and processes for implementing and managing the technology logic diagram for the Idaho National Engineering Laboratory project

  7. NASA Fixed Wing Project Propulsion Research and Technology Development Activities to Reduce Thrust Specific Energy Consumption

    Science.gov (United States)

    Hathaway, Michael D.; DelRasario, Ruben; Madavan, Nateri K.

    2013-01-01

    This paper presents an overview of the propulsion research and technology portfolio of NASA Fundamental Aeronautics Program Fixed Wing Project. The research is aimed at significantly reducing the thrust specific fuel/energy consumption of notional advanced fixed wing aircraft (by 60 % relative to a baseline Boeing 737-800 aircraft with CFM56-7B engines) in the 2030-2035 time frame. The research investments described herein are aimed at improving propulsive efficiency through higher bypass ratio fans, improving thermal efficiency through compact high overall pressure ratio gas generators, and exploring the potential benefits of boundary layer ingestion propulsion and hybrid gas-electric propulsion concepts.

  8. Braided Composite Technologies for Rotorcraft Structures Project

    Data.gov (United States)

    National Aeronautics and Space Administration — The Phase 2 effort will be used to advance the material and design technologies that were explored in the Phase 1 study of hybrid gears. In this hybrid approach, the...

  9. Advanced Manufacturing Technologies (AMT): Manufacturing Initiative Project

    Data.gov (United States)

    National Aeronautics and Space Administration — NASA supports the Advanced Manufacturing National Program Office (AMNPO). Hosted by the National Institute of Standards and Technology (NIST) the AMNPO is...

  10. CONDITIONS OF SUSTAINABILITY OF INVESTMENT BUILDING PROJECTS BASED ON THE RISK MANAGEMENT CONCEPT

    Directory of Open Access Journals (Sweden)

    Morozenko Andrey Aleksandrovich

    2012-10-01

    minimization of risky situations requires reduction of the project implementation period; development of domestic methodologies and standards of project risk management tailored to the conditions of our construction industry is a relevant assignment.

  11. Advanced Manufacturing Technologies (AMT): Advanced Near Net Shape Technology Project

    Data.gov (United States)

    National Aeronautics and Space Administration — Develop and mature manufacturing technology to enable fabrication of single-piece integrally-stiffened launch vehicle structures to replace expensive, heavy, and...

  12. PUBLIC-PRIVATE PARTNERSHIP – THE MOST IMPORTANT MODERN TOOLS OF SUCCESSFUL IMPLEMENTATION OF NATIONAL INVESTMENT PROJECTS

    Directory of Open Access Journals (Sweden)

    E. E. Zhukov

    2010-01-01

    Full Text Available Article is devoted to actual problems and prospects of perfection of public private partnership mechanisms at important social and economic investment projects realization. The analysis of foreign practice in the PPP field is carried out. Features of Russian PPP development model are considered. The main difficulties on this way are designated. Such as: absence of the normal competitive environment during the choice of the private partner-investor; absence of the qualified experts in the PPP; imperfect legislative base; corruption of officials, etc. Main offers of perfection of PPP-mechanism in Russia, accounting forthcoming modernization and innovative development of Russian economy are given.

  13. Value-creating investment strategies to manage risk from structural market uncertainties: Switching and compound options in (V)HTR technologies - HTR2008-58157

    International Nuclear Information System (INIS)

    Lauferts, U.; Halbe, C.; Van Heek, A.

    2008-01-01

    To measure the value of a technology investment under uncertainty with standard techniques like net present value (NPV) or return on investment (ROI) will often uncover the difficulty to present convincing business case. Projected cash flows are inefficient or the discount rate chosen to compensate for the risk is so high, that it is disagreeable to the investor s requirements. Decision making and feasibility studies have to look beyond traditional analysis to reveal the strategic value of a technology investment. Here, a Real Option Analysis (ROA) offers a powerful alternative to standard discounted cash-flow (DCF) methodology by risk-adjusting the cash flow along the decision path rather than risk adjusting the discount rate. Within the GEN IV initiative attention is brought not only towards better sustainability, but also to broader industrial application and improved financing. Especially the HTR design is full of strategic optionalities: The high temperature output facilitates penetration into other non-electricity energy markets like industrial process heat applications and the hydrogen market. The flexibility to switch output in markets with multi-source uncertainties reduces downside risk and creates an additional value of over 50% with regard to the Net Present Value without flexibility. The supplement value of deploying a modular (V)HTR design adds over 100% to the project value using real option evaluation tools. Focus of this paper was to quantify the strategic value that comes along a) with the modular design; a design that offers managerial flexibility adapting a step-by-step investment strategy to the actual market demand and b) with the option to switch between two modes of operation, namely electricity and hydrogen production. We will demonstrate that the effect of uncertain electricity prices can be dampened down with a modular HTR design. By using a real option approach, we view the project as a series of compound options - each option depending

  14. APPLYING LCC METHODOLOGY FOR THE EVALUATION OF THE EFFECTIVENESS OF AN INVESTMENT OF PROJECTS OF THE SEWAGE TREATMENT PLANT

    Directory of Open Access Journals (Sweden)

    Anatoli Hurynovich

    2016-06-01

    Full Text Available The article is referring to the current problems of the evaluation of the effectiveness of an investment of new plans and of the modernization of existing sewage treatment plants including aspects of the optimization of costs of the sewage treatment. He shows the modernization of the sewage treatment plant the Evaluation of the life cycle as the adequate tool assisting choice of the best variant or the level. He is presenting characteristics of LCС methodology and examples of using to the technology assessment the sewage treatment.

  15. A Survey of Technologies Supporting Virtual Project Based Learning

    DEFF Research Database (Denmark)

    Dirckinck-Holmfeld, Lone

    2002-01-01

    This paper describes a survey of technologies and to what extent they support virtual project based learning. The paper argues that a survey of learning technologies should be related to concrete learning tasks and processes. Problem oriented project pedagogy (POPP) is discussed, and a framework...... for evaluation is proposed where negotiation of meaning, coordination and resource management are identified as the key concepts in virtual project based learning. Three e-learning systems are selected for the survey, Virtual-U, Lotus Learningspace and Lotus Quickplace, as each system offers different strategies...... for e-learning. The paper concludes that virtual project based learning may benefit from facilities of all these systems....

  16. Photovoltaic technologies and the genesis project

    International Nuclear Information System (INIS)

    Kuwano, Y.

    1994-01-01

    In this paper, the author first presents briefly global environmental problems and energy problems, as well as recent trends in representative types of solar cell. Next, he gives examples of applications for these solar cells, and finally discusses future prospects for solar cells in the form of the GENESIS project. (TEC). 12 figs., 4 refs

  17. SmartPark Technology Demonstration Project

    Science.gov (United States)

    2013-11-01

    The purpose of FMCSAs SmartPark initiative is to determine the feasibility of a technology for providing truck parking space availability in real time to truckers on the road. SmartPark consists of two phases. Phase I was a field operational test ...

  18. Historical Analysis of Investment in Solar Energy Technologies (2000-2007)

    Energy Technology Data Exchange (ETDEWEB)

    Jennings, C. E.; Margolis, R. M.; Bartlett, J. E.

    2008-12-01

    The solar energy industry experienced unprecedented growth in the eight years from 2000 to 2007, with explosive growth occurring in the latter half of this period. From 2004 to 2007, global private sector investment in solar energy increased by almost twenty-fold, marking a dramatic increase in the short span of four years. This paper examines the timing, magnitude, focus and location of various forms of investment in the solar energy sector. It analyzes their trends to provide an understanding of the growth of the solar industry during the past eight years and to identify emerging themes in this rapidly evolving industry.

  19. Fabrication Technology for X-Ray Optics and Mandrels Project

    Data.gov (United States)

    National Aeronautics and Space Administration — NASA has a cross-project need for large format aspheric x-ray optics, which, demonstrate exceptionally low periodic surface errors. Available technologies to both...

  20. Picosats for Autonomous Rendezvous and Docking Technology Demonstration Project

    Data.gov (United States)

    National Aeronautics and Space Administration — Over the next decade, a host of new technologies and capabilities will be needed by NASA to support Project Constellation. For risk reduction considerations, it is...

  1. Success in large high-technology projects: What really works?

    Science.gov (United States)

    Crosby, P.

    2014-08-01

    Despite a plethora of tools, technologies and management systems, successful execution of big science and engineering projects remains problematic. The sheer scale of globally funded projects such as the Large Hadron Collider and the Square Kilometre Array telescope means that lack of project success can impact both on national budgets, and collaborative reputations. In this paper, I explore data from contemporary literature alongside field research from several current high-technology projects in Europe and Australia, and reveal common `pressure points' that are shown to be key influencers of project control and success. I discuss the how mega-science projects sit between being merely complicated, and chaotic, and explain the importance of understanding multiple dimensions of project complexity. Project manager/leader traits are briefly discussed, including capability to govern and control such enterprises. Project structures are examined, including the challenge of collaborations. I show that early attention to building project resilience, curbing optimism, and risk alertness can help prepare large high-tech projects against threats, and why project managers need to understand aspects of `the silent power of time'. Mission assurance is advanced as a critical success function, alongside the deployment of task forces and new combinations of contingency plans. I argue for increased project control through industrial-style project reviews, and show how post-project reviews are an under-used, yet invaluable avenue of personal and organisational improvement. Lastly, I discuss the avoidance of project amnesia through effective capture of project knowledge, and transfer of lessons-learned to subsequent programs and projects.

  2. Safeguarding public values in gas infrastructure expansion. A comparison of two investment projects

    International Nuclear Information System (INIS)

    De Joode, J.

    2007-02-01

    The realisation of new gas infrastructure projects affects overall gas market performance with respect to the public values of affordability and security of supply. However, the actual contribution of a gas infrastructure expansion project to system affordability and security of supply depends upon the institutional design of the market (legislation, regulatory codes and arrangements, market rules, etc.). In this paper we link the institutional design applicable to two specific gas infrastructure projects with the safeguarding of the aforementioned public values. We conclude that path dependencies can cause large differences in the contribution of the projects to the safeguarding of public values

  3. Technology transfer - LSA project to industry

    Science.gov (United States)

    Gallagher, B. D.

    1981-01-01

    Program goals, procedural steps, and examples of different situations encountered in the Low-cost Solar Array (LSA) project managed at the Jet Propulsion Laboratory in conjunction with industrial contractors are outlined. The project is intended to result in the production-ready status of photovoltaic panels which produce power at $.70/peak W by 1986. The first phase of the program identified materials and processes which were promising for further development. Phase II served to correct steps and materials which did not work and were important to the array processing. The third phase will bring the processes to technical readiness by demonstration of successful fabrication of modules at a scale which can be increased to commercial production. An information exchange is ongoing between manufacturers and the JPL to alter specific steps which yield results which vary from those found in the laboratory when transferred to the factory.

  4. Manufacturing Methods & Technology (MMT) Project Execution Report

    Science.gov (United States)

    1982-10-01

    CY82 19 PROJECTS ADDED IN IST HALF, CY82 DARCOM 0 82 5052 ARMY ENGINEERING UESIGN HANidBOCKS TEChNICAL SLILNTIFIL ANu ENGINEERING DATA IS CONTINALLY...FROM SUPER- ALLOY POWDER THE NEED TO IMPRCVE PObDER CLEANLINESS HAS BEEN RECOGNIZED. 1 82 7298 HIGH TEMPERATURE VACUUM CARBURIZING GEAR CARBURIZING IS...THE PRODUCTION ENVIRONMENT. 1 82 7389 PRODUCTION OF ALUMINUM ALiFRAME COMPONENTS CURRENT METHODS OF MACHINING ALUMINIUM FORGINGS ARE EXPENSIVE AND

  5. Numerical modeling in photonic crystals integrated technology: the COPERNICUS Project

    DEFF Research Database (Denmark)

    Malaguti, Stefania; Armaroli, Andrea; Bellanca, Gaetano

    2011-01-01

    Photonic crystals will play a fundamental role in the future of optical communications. The relevance of the numerical modeling for the success of this technology is assessed by using some examples concerning the experience of the COPERNICUS Project.......Photonic crystals will play a fundamental role in the future of optical communications. The relevance of the numerical modeling for the success of this technology is assessed by using some examples concerning the experience of the COPERNICUS Project....

  6. Correlational Study of Project Managers' Competence Experience, Education, and Technology Experience on Project

    Science.gov (United States)

    Hosford, Bryan

    2017-01-01

    Organizations continue to rely on information technology (IT) as a foundational element, yet poor IT project success continues to impact growth and innovation. Research into IT project success is widespread yet has focused on high-level project management attributes, not specific IT solutions. A review of the research literature revealed that the…

  7. The Interactions among Information Technology Organizational Learning, Project Learning, and Project Success

    Science.gov (United States)

    McKay, Donald S., II

    2012-01-01

    Knowledge gained from completed information technology (IT) projects was not often shared with emerging project teams. Learning lessons from other project teams was not pursued because people lack time, do not see value in learning, fear a potentially painful process, and had concerns that sharing knowledge will hurt their career. Leaders could…

  8. The Role of the Project Management Office on Information Technology Project Success

    Science.gov (United States)

    Stewart, Jacob S.

    2010-01-01

    The rate of failed and challenged Information Technology (IT) projects is too high according to the CHAOS Studies by the Standish Group and the literature on project management (Standish Group, 2008). The CHAOS Studies define project success as meeting the triple constraints of scope, time, and cost. Assessing critical success factors is another…

  9. Minimal Technologies Application Project: Planning and installation

    Energy Technology Data Exchange (ETDEWEB)

    Zellmer, S.D.; Hinchman, R.R.; Severinghaus, W.D.; Johnson, D.O.; Brent, J.J.

    1989-03-01

    Intensive and continuous tactical training during the last 35 years at the Hohenfels Training Area in West Germany has caused the loss of vegetative ground cover and has accelerated soil erosion rates, resulting in extensive environmental damage, safety hazards, and unrealistic training habitats. The objectives of this project are to develop and evaluate revegetation procedures for establishing adequate vegetative cover to control erosion at minimal costs and disruption to training activities. This project involved the development and installation of 12 revegetation procedures that combined four seedbed preparation methods and seeding options with three site-closure periods. In March 1987, the four seedbed preparation/seeding options and closure periods were selected, a study site design and location chosen, and specifications for the revegetation procedures developed. A German rehabilitation contractor attempted the specified seedbed preparation and seeding on the 13.5-ha site in June, but abnormally high rainfall, usually wet site conditions, and lack of adequate equipment prevented the contractor from completing six of the 12 planned procedures. Planning and execution of the project has nonetheless provided valuable information on the importance and use of soil analytical results, seed availability and cost data, contractor equipment requirements, and time required for planning future revegetation efforts. Continued monitoring of vegetative ground cover at the site for the next two years, combined with cost information, will provide necessary data to determine which of the six revegetation procedures is the most effective. These data will be used in planning future rehabilitation efforts on tactical training areas.

  10. MNOS BORAM Manufacturing Methods and Technology Project.

    Science.gov (United States)

    1981-08-01

    Technology Redondo Beach, CA 90278 and Devices Laboratory (ERADCOM) ATTN: DELET-BS Dr. Paul E. Greene 1 Mr. George W. Taylor Hewlett-Packard company Fort...Officer Dr, Harvey Nathanson 1 US Army Research Office Westinghouse Research and ATTN: Dr. Horst Wittmann Development Center P. 0. Box 12211 1310 Beulah...13441 ATTN: Mr. Paul Losleben, R15 9800 Savage Road Commander, RADC I Fort George G. Meade, MD 20755 ATTN: Mr. Joesph B. Brauer, RBRM Griffiss AFB, NY

  11. Project Reinvest: Invest in America's Future by Reinvesting in America's Community Colleges.

    Science.gov (United States)

    McCabe, Robert H.

    To help raise the level of funding for the nation's community colleges, Project Reinvest was created to help colleges communicate their role in solving the nation's problems and the importance of adequate funding. Specifically, the project seeks to encourage colleges' participation in efforts to develop a genuine understanding of their…

  12. Airlie House Pollution Prevention Technology Transfer pilot projects

    Energy Technology Data Exchange (ETDEWEB)

    Thuot, J.R.; Myron, H.; Gatrone, R.; McHenry, J.

    1996-08-01

    The projects were a series of pilot projects developed for DOE with the intention of transferring pollution prevention technology to private industry. The concept was to develop small technology transfer initiatives in partnership with the private sector. Argonne National Laboratory developed three projects: the microscale chemistry in education program, the microscale cost benefit study, and the Bethel New Life recycling trainee program. The two microscale chemistry projects focused on introducing microscale chemistry technologies to secondary and college education. These programs were inexpensive to develop and received excellent evaluations from participants and regulators. The recycle trainee project provided training for two participants and identified recycling and source reduction opportunities in Argonne`s solid waste stream. The pilot projects demonstrated that technology transfer initiatives can be developed and implemented with a small budget and within a short period of time. The essential components of the pilot projects were identification of target technologies that were already available, identification of target audiences, and a focus of effort to achieve a limited but defined objective.

  13. Incorporating the Technology Roadmap Uncertainties into the Project Risk Assessment

    International Nuclear Information System (INIS)

    Bonnema, B.E.

    2002-01-01

    This paper describes two methods, Technology Roadmapping and Project Risk Assessment, which were used to identify and manage the technical risks relating to the treatment of sodium bearing waste at the Idaho National Engineering and Environmental Laboratory. The waste treatment technology under consideration was Direct Vitrification. The primary objective of the Technology Roadmap is to identify technical data uncertainties for the technologies involved and to prioritize the testing or development studies to fill the data gaps. Similarly, project management's objective for a multi-million dollar construction project includes managing all the key risks in accordance to DOE O 413.3 - ''Program and Project Management for the Acquisition of Capital Assets.'' In the early stages, the Project Risk Assessment is based upon a qualitative analysis for each risk's probability and consequence. In order to clearly prioritize the work to resolve the technical issues identified in the Technology Roadmap, the issues must be cross- referenced to the project's Risk Assessment. This will enable the project to get the best value for the cost to mitigate the risks

  14. Project-Based Learning in Electronic Technology: A Case Study

    Science.gov (United States)

    Li, Li

    2015-01-01

    A case study of project-based learning (PBL) implemented in Tianjin University of Technology and Education is presented. This multidiscipline project is innovated to meet the novel requirements of industry while keeping its traditional effectiveness in driving students to apply knowledge to practice and problem-solving. The implementation of PBL…

  15. Leadership Styles: Perceptions in Information Technology Project Teams

    Science.gov (United States)

    Fune, Roy P.

    2013-01-01

    The purpose of this study was to uncover Information Technology (IT) Project Managers' and IT Professionals' perceptions of effective leadership styles as they apply to project success. There have been prior studies dealing with the differences in perceptions between IT Functional Manager's leadership self-perception versus staff perceptions of…

  16. Maturity and Performance in Information Technology Project Management

    Directory of Open Access Journals (Sweden)

    Renato de Oliveira Moraes

    2013-04-01

    Full Text Available This study concerns the relationship between the information technology (IT project performance and the project management maturity of an organization. The research was developed from a survey of 185 respondents during 2010. Project performance was evaluated using the two first dimensions proposed by Shenhar et al (2001 – project efficiency and impact on the customer. Project management maturity was evaluated using the formalization level of project management processes described in PMBoK. Data were analyzed by statistical methods (factorial analysis, Cronbach´s alpha, cluster analysis and bivariate analysis and showed that (i organizations with superior maturity present superior performance in their projects and (ii different maturity dimensions have distinct impacts on IT projects performance.

  17. Information Technology Portfolio Management and the Real Options Method (ROM): Managing the Risks of IT Investments in the Department of the Navy (DON)

    National Research Council Canada - National Science Library

    Davis, Jeffery

    2003-01-01

    .... The Navy portion of those funds is over 55 billion. Rapid change and increasing uncertainty in the technology field has resulted in a high degree of financial risk associated with IT capital investment decisions...

  18. Manufacturing Methods and Technology Project Execution Report.

    Science.gov (United States)

    1984-10-01

    CY84 A,4t TA C 8’. 5052 ARMY ENGINEERING DESIGN H&NUBOIUKS TkCHNICAL SLIENTIFIC AND ENGINEERING OATA IS CONTINALLY BEING GENERk ED WITHIN THt ARMY A:A0...PRODUCTION OF ALUMINUM AIRFRAME COMPONENTS LURRENT METHODS OF MACHINING ALUMINIUM FORGINGS ARE EXPENSIVE AND REQUIRE AN EXCESSIVE NUMBER OF PARTS. 1 84...PRODUCING WEAPON COMPONENTS IS MAINLY BY MACHINING FROM WROUGHT STUCK. IHIS IS A HIGH COST METHOD WHICH PRODUCES MUCH ALLOY STEEL SCRAP. 29 0..I PROJECTS

  19. Fuel Cell Technology Status Analysis Project: Partnership Opportunities

    Energy Technology Data Exchange (ETDEWEB)

    2017-03-13

    Fact sheet describing the National Renewable Energy Laboratory's (NREL's) Fuel Cell Technology Status Analysis Project. NREL is seeking fuel cell industry partners from the United States and abroad to participate in an objective and credible analysis of commercially available fuel cell products to benchmark the current state of the technology and support industry growth.

  20. The Dust Management Project: Characterizing Lunar Environments and Dust, Developing Regolith Mitigation Technology and Simulants

    Science.gov (United States)

    Hyatt, Mark J.; Straka, Sharon A.

    2010-01-01

    A return to the Moon to extend human presence, pursue scientific activities, use the Moon to prepare for future human missions to Mars, and expand Earth?s economic sphere, will require investment in developing new technologies and capabilities to achieve affordable and sustainable human exploration. From the operational experience gained and lessons learned during the Apollo missions, conducting long-term operations in the lunar environment will be a particular challenge, given the difficulties presented by the unique physical properties and other characteristics of lunar regolith, including dust. The Apollo missions and other lunar explorations have identified significant lunar dust-related problems that will challenge future mission success. Comprised of regolith particles ranging in size from tens of nanometers to microns, lunar dust is a manifestation of the complex interaction of the lunar soil with multiple mechanical, electrical, and gravitational effects. The environmental and anthropogenic factors effecting the perturbation, transport, and deposition of lunar dust must be studied in order to mitigate it?s potentially harmful effects on exploration systems and human explorers. The Dust Management Project (DMP) is tasked with the evaluation of lunar dust effects, assessment of the resulting risks, and development of mitigation and management strategies and technologies related to Exploration Systems architectures. To this end, the DMP supports the overall goal of the Exploration Technology Development Program (ETDP) of addressing the relevant high priority technology needs of multiple elements within the Constellation Program (CxP) and sister ETDP projects. Project scope, plans, and accomplishments will be presented.

  1. Didactics, Technology, and Organisation of Project Based Distance Education

    DEFF Research Database (Denmark)

    Knudsen, Morten Haack; Borch, Ole M.; Helbo, Jan

    2005-01-01

    The didactics, technology, and organization of an ICT supported distance engineering Master education are described. A systematic monitoring and evaluation of the basis year has given useful experience, subsequently used for adjustments and improvements. A successful on-campus project organized...... as asynchronous, which is possible with extensive utilization of new information and communication technology. Virtual meetings are conducted with text, sound and video based communication. Also the organization requires technology. A new learning management system, specifically designed to the didactic form...

  2. Technology Transfer and Outreach for SNL/Rochester ALPHA Project.

    Energy Technology Data Exchange (ETDEWEB)

    Sinars, Daniel [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States)

    2016-01-01

    This report describes the next stage goals and resource needs for the joint Sandia and University of Rochester ARPA-E project. A key portion of this project is Technology Transfer and Outreach, with the goal being to help ensure that this project develops a credible method or tool that the magneto-inertial fusion (MIF) research community can use to broaden the advocacy base, to pursue a viable path to commercial fusion energy, and to develop other commercial opportunities for the associated technology. This report describes an analysis of next stage goals and resource needs as requested by Milestone 5.1.1.

  3. Ceramic Technology Project semiannual progress report, October 1992--March 1993

    Energy Technology Data Exchange (ETDEWEB)

    Johnson, D.R.

    1993-09-01

    This project was developed to meet the ceramic technology requirements of the OTS`s automotive technology programs. Although progress has been made in developing reliable structural ceramics, further work is needed to reduce cost. The work described in this report is organized according to the following work breakdown structure project elements: Materials and processing (monolithics [Si nitride, carbide], ceramic composites, thermal and wear coatings, joining, cost effective ceramic machining), materials design methodology (contact interfaces, new concepts), data base and life prediction (structural qualification, time-dependent behavior, environmental effects, fracture mechanics, nondestructive evaluation development), and technology transfer.

  4. Korea-China Optical Technology Research Centre Project

    International Nuclear Information System (INIS)

    Kim, Cheol Jung; Rhee, Y. J.; Jung, D. Y. and others

    2004-06-01

    The main objectives of this project are to establish the international collaboration basis of optical technologies between Korea and China. The combination of the Chinese advanced fundamental technologies with the Korean industrialization and commercialization infrastructures is realized, by ways of exchanging scientists and informations, holding joint seminars, cooperative utilization of research resources. On the ground of this establishment, the optical technologies of Korea are supposed to be leveled up to those of the world-most advanced. At the same time, for the improvement of mutual benefit and financial profit of both countries, providing technical advice and suggestions to the optical industries in the two countries is an another goal of this project. The state-of-the-arts of the Chinese technologies such as aerospace engineering, military defence technology, medical technology, laser fusion research, and so on, are known to be far above those of Korean and up to one of the most advanced in the world. Thus it is thought to be necessary that the acquisition of these technologies, implementation of joint research projects for technology development as well as the balanced opportunities for commercial product/sales and cooperation should be actively pursued in order to enhance the levels of Korean technologies in these fields

  5. Korea-China Optical Technology Research Centre Project

    Energy Technology Data Exchange (ETDEWEB)

    Kim, Cheol Jung; Rhee, Y. J.; Jung, D. Y. and others

    2004-06-15

    The main objectives of this project are to establish the international collaboration basis of optical technologies between Korea and China. The combination of the Chinese advanced fundamental technologies with the Korean industrialization and commercialization infrastructures is realized, by ways of exchanging scientists and informations, holding joint seminars, cooperative utilization of research resources. On the ground of this establishment, the optical technologies of Korea are supposed to be leveled up to those of the world-most advanced. At the same time, for the improvement of mutual benefit and financial profit of both countries, providing technical advice and suggestions to the optical industries in the two countries is an another goal of this project. The state-of-the-arts of the Chinese technologies such as aerospace engineering, military defence technology, medical technology, laser fusion research, and so on, are known to be far above those of Korean and up to one of the most advanced in the world. Thus it is thought to be necessary that the acquisition of these technologies, implementation of joint research projects for technology development as well as the balanced opportunities for commercial product/sales and cooperation should be actively pursued in order to enhance the levels of Korean technologies in these fields.

  6. Strategic Communication Science and Technology Plan: Current Activities, Capability Gaps and Areas for Further Investment

    Science.gov (United States)

    2009-04-01

    finds itself engaged in for the foreseeable future. There is broad recognition that the US government must re-invest in and rebuild its arsenal of... football game. There are no set plays or time-outs. Boundaries, if they even exist, are discovered through trial and error. Most importantly, there is no...Do their children go to the same schools today? Were they all involved in a sports club ? The idea is to give the US government, specifically embassy

  7. Lessons Learned from the Photovoltaic Manufacturing Technology/PV Manufacturing R&D and Thin Film PV Partnership Projects

    Energy Technology Data Exchange (ETDEWEB)

    Margolis, R.; Mitchell, R.; Zweibel, K.

    2006-09-01

    As the U.S. Department of Energy's (DOE's) Solar Energy Technologies Program initiates new cost-shared solar energy R&D under the Solar America Initiative (SAI), it is useful to analyze the experience gained from cost-shared R&D projects that have been funded through the program to date. This report summarizes lessons learned from two DOE-sponsored photovoltaic (PV) projects: the Photovoltaic Manufacturing Technology/PV Manufacturing R&D (PVMaT/PVMR&D) project and the Thin-Film PV Partnership project. During the past 10-15 years, these two projects have invested roughly $330 million of government resources in cost-shared R&D and leveraged another $190 million in private-sector PV R&D investments. Following a description of key findings and brief descriptions of the PVMaT/PVMR&D and Thin-Film PV Partnership projects, this report presents lessons learned from the projects.

  8. SUCCESS CONCEPT ANALYSIS APPLIED TO THE INFORMATION TECHNOLOGY PROJECT MANAGEMENT

    Directory of Open Access Journals (Sweden)

    Cassio C. Montenegro Duarte

    2012-05-01

    Full Text Available This study evaluates the concept of success in project management that is applicable to the IT universe, from the classical theory associated with the techniques of project management. Therefore, it applies the theoretical analysis associated to the context of information technology in enterprises as well as the classic literature of traditional project management, focusing on its application in business information technology. From the literature developed in the first part of the study, four propositions were prepared for study which formed the basis for the development of the field research with three large companies that develop projects of Information Technology. The methodology used in the study predicted the development of the multiple case study. Empirical evidence suggests that the concept of success found in the classical literature in project management adjusts to the environment management of IT projects. Showed that it is possible to create the model of standard IT projects in order to replicate it in future derivatives projects, which depends on the learning acquired at the end of a long and continuous process and sponsorship of senior management, which ultimately results in its merger into the company culture.

  9. Energy conservation assessment of fixed-asset investment projects: An attempt to improve energy efficiency in China

    International Nuclear Information System (INIS)

    Hu Yuan

    2012-01-01

    Fast economic growth in China has generated energy and environmental problems. Fixed-asset investments have contributed significantly to energy consumption. In China, an energy conservation assessment (ECA), a mechanism similar to the existing environmental impact assessment (EIA), has been applied to improve the energy efficiency of new fixed-asset investment projects. In this paper the origin and development of the ECA system is analyzed and the major features of ECA are discussed. To identify the success and failure of the ECA system, case studies are analyzed and comparison between ECA and EIA, which has been used in China for over 30 years, is made. Based on the analysis, recommendations are provided for the improvement of the ECA system in China. Despite the ECA system only being established for a relatively short time, it has clearly achieved significant success. With further efforts it could play an important role in achieving the goals of improving China’s energy efficiency and reducing green house gas emissions. - Highlights: ► We examine origin and development of energy conservation assessment (ECA) in China. ► ECA has great potential in energy efficiency improvement and GHGs reduction. ► Compared with EIA, ECA is still in its early stages. More efforts are needed. ► Improvements of legal system, assessment procedure, etc. are essential for next step.

  10. State financed PV technology projects in Nigeria

    Energy Technology Data Exchange (ETDEWEB)

    Gyoh, L.; Gyoh, S. [Iceberg PVPS Consultants, Sheffield (United Kingdom)

    2004-07-01

    Despite the progress made by the democratic government of Nigeria to eradicate poverty, there are still millions of people without access to electricity. It would not be financially viable to extend the national electricity grid to each electoral ward, in remote locations in the country. The use of photovoltaic technology now brings electricity to many rural areas as part of the provision of basic needs by the Nigerian authorities. The Nasarawa State Government has embarked on the provision of all it electoral wards with solar powered water supply systems to carter for a mostly rural population of 3.4 million people. The Benue, Taraba, Bauchi and Jigawa State governments have embarked on similar schemes in Rural Water Supply, Health and the Educational sectors of the economy. Ambitious PV programmes, of this nature, inevitably face challenges in developing countries. The preliminary recommendations, of this ongoing study, have been made to address some of the potential challenges in some of the key areas. This paper reviews the implementation progress and suggests some of the lessons that might be learnt. (authors)

  11. State financed PV technology projects in Nigeria

    International Nuclear Information System (INIS)

    Gyoh, L.; Gyoh, S.

    2004-01-01

    Despite the progress made by the democratic government of Nigeria to eradicate poverty, there are still millions of people without access to electricity. It would not be financially viable to extend the national electricity grid to each electoral ward, in remote locations in the country. The use of photovoltaic technology now brings electricity to many rural areas as part of the provision of basic needs by the Nigerian authorities. The Nasarawa State Government has embarked on the provision of all it electoral wards with solar powered water supply systems to carter for a mostly rural population of 3.4 million people. The Benue, Taraba, Bauchi and Jigawa State governments have embarked on similar schemes in Rural Water Supply, Health and the Educational sectors of the economy. Ambitious PV programmes, of this nature, inevitably face challenges in developing countries. The preliminary recommendations, of this ongoing study, have been made to address some of the potential challenges in some of the key areas. This paper reviews the implementation progress and suggests some of the lessons that might be learnt. (authors)

  12. Technology assessment Jordan Nuclear Power Plant Project

    International Nuclear Information System (INIS)

    2010-01-01

    Preliminary regional analysis was carried out for identification of potential sites for NPP, followed by screening of these sites and selecting candidate sites. Aqaba sites are proposed, where it can use the sea water for cooling: i.Site 1; at the sea where it can use the sea water for direct cooling. ii.Site 2; 10 km to the east of Gulf of Aqaba shoreline at the Saudi Arabia borders. iii.Site 3, 4 km to the east of Gulf of Aqaba shoreline. Only the granitic basement in the east of the 6 km²site should be considered as a potential site for a NPP. Preliminary probabilistic seismic hazard assessment gives: Operating-Basis Earthquake-OBE (475 years return period) found to be in the range of 0.163-0.182 g; Safe Shutdown Earthquake-SSE (10,000 years return period) found to be in the range of 0.333-0.502g. The process include also setting up of nuclear company and other organizational matters. Regulations in development are: Site approval; Construction permitting; Overall licensing; Safety (design, construction, training, operations, QA); Emergency planning; Decommissioning; Spent fuel and RW management. JAEC's technology assessment strategy and evaluation methodology are presented

  13. Human genome project: revolutionizing biology through leveraging technology

    Science.gov (United States)

    Dahl, Carol A.; Strausberg, Robert L.

    1996-04-01

    The Human Genome Project (HGP) is an international project to develop genetic, physical, and sequence-based maps of the human genome. Since the inception of the HGP it has been clear that substantially improved technology would be required to meet the scientific goals, particularly in order to acquire the complete sequence of the human genome, and that these technologies coupled with the information forthcoming from the project would have a dramatic effect on the way biomedical research is performed in the future. In this paper, we discuss the state-of-the-art for genomic DNA sequencing, technological challenges that remain, and the potential technological paths that could yield substantially improved genomic sequencing technology. The impact of the technology developed from the HGP is broad-reaching and a discussion of other research and medical applications that are leveraging HGP-derived DNA analysis technologies is included. The multidisciplinary approach to the development of new technologies that has been successful for the HGP provides a paradigm for facilitating new genomic approaches toward understanding the biological role of functional elements and systems within the cell, including those encoded within genomic DNA and their molecular products.

  14. Space technology and robotics in school projects

    Science.gov (United States)

    Villias, Georgios

    2016-04-01

    Space-related educational activities is a very inspiring and attractive way to involve students into science courses, present them the variety of STEM careers that they can follow, while giving them at the same time the opportunity to develop various practical and communication skills necessary for their future professional development. As part of a large scale extracurricular course in Space Science, Space Technology and Robotics that has been introduced in our school, our students, divided in smaller groups of 3-4 students in each, try to understand the challenges that current and future space exploration is facing. Following a mixture of an inquiry-based learning methodology and hands-on practical activities related with constructions and experiments, students get a glimpse of the pre-mentioned fields. Our main goal is to gain practical knowledge and inspiration from the exciting field of Space, to attain an adequate level of team spirit and effective cooperation, while developing technical and research data-mining skills. We use the following two approaches: 1. Constructive (Technical) approach Designing and constructing various customized robotic machines, that will simulate the future space exploration vehicles and satellites needed to study the atmosphere, surface and subsurface of planets, moons or other planetary bodies of our solar system that have shown some promising indications for the existence of life, taking seriously into account their special characteristics and known existing conditions (like Mars, Titan, Europa & Enceladus). The STEM tools we use are the following: - LEGO Mindstorms: to construct rovers for surface exploration. - Hydrobots: an MIT's SeaPerch program for the construction of submarine semi-autonomous robots. - CanSats: Arduino-based microsatellites able to receive, record & transmit data. - Space balloons: appropriate for high altitude atmospheric measurements & photography. 2. Scientific approach Conducting interesting physics

  15. We Must Invest in Applied Knowledge of Computational Neurosciences and Neuroinformatics as an Important Future in Malaysia: The Malaysian Brain Mapping Project

    Science.gov (United States)

    Sumari, Putra; Idris, Zamzuri; Abdullah, Jafri Malin

    2017-01-01

    The Academy of Sciences Malaysia and the Malaysian Industry-Government group for High Technology has been working hard to project the future of big data and neurotechnology usage up to the year 2050. On the 19 September 2016, the International Brain Initiative was announced by US Under Secretary of State Thomas Shannon at a meeting that accompanied the United Nations’ General Assembly in New York City. This initiative was seen as an important effort but deemed costly for developing countries. At a concurrent meeting hosted by the US National Science Foundation at Rockefeller University, numerous countries discussed this massive project, which would require genuine collaboration between investigators in the realms of neuroethics. Malaysia’s readiness to embark on using big data in the field of brain, mind and neurosciences is to prepare for the 4th Industrial Revolution which is an important investment for the country’s future. The development of new strategies has also been encouraged by the involvement of the Society of Brain Mapping and Therapeutics, USA and the International Neuroinformatics Coordinating Facility. PMID:28381924

  16. We Must Invest in Applied Knowledge of Computational Neurosciences and Neuroinformatics as an Important Future in Malaysia: The Malaysian Brain Mapping Project.

    Science.gov (United States)

    Sumari, Putra; Idris, Zamzuri; Abdullah, Jafri Malin

    2017-03-01

    The Academy of Sciences Malaysia and the Malaysian Industry-Government group for High Technology has been working hard to project the future of big data and neurotechnology usage up to the year 2050. On the 19 September 2016, the International Brain Initiative was announced by US Under Secretary of State Thomas Shannon at a meeting that accompanied the United Nations' General Assembly in New York City. This initiative was seen as an important effort but deemed costly for developing countries. At a concurrent meeting hosted by the US National Science Foundation at Rockefeller University, numerous countries discussed this massive project, which would require genuine collaboration between investigators in the realms of neuroethics. Malaysia's readiness to embark on using big data in the field of brain, mind and neurosciences is to prepare for the 4th Industrial Revolution which is an important investment for the country's future. The development of new strategies has also been encouraged by the involvement of the Society of Brain Mapping and Therapeutics, USA and the International Neuroinformatics Coordinating Facility.

  17. The COMURHEX 2 project. Investing in UF6 long-term security of supply

    International Nuclear Information System (INIS)

    Bouzon, Pierre; Lacombe, Philippe; Durante, Pierre; Teyssier, Patrick

    2008-01-01

    The front-end nuclear fuel supply chain for LWRs encompasses four major industrial stages that are mining and concentration, conversion, enrichment, and eventually fuel fabrication. The different stages involve uranium in different chemical and physical forms. Enrichment of the 235-U fissile isotope requires gaseous UF6. As the standard output of mine is U3O8, referred to as ''yellow cake'', a purely chemical stage is therefore needed to fluorinate U3O8 and turn it into UFe: this is the conversion stage. U3O8 inventories management is thus performed at the conversion sites.Purification of the mining concentrates is also needed prior to actual conversion into UFe. This step is important because the front-end supply chain facilities have strict specifications concerning impurities. The conversion stage may involve intermediary products, namely UO3 and/or UF4, depending on the industrial scheme implemented. With the Comurhex 2 project, AREVA is not only shaping the future of conversion market and contributing to the security of supply of its customers, but it is also developing innovative techniques and reorganizing the conversion process steps. Providing such guaranteed and valuable conversion supply with a brand new plant is our strong commitment to a sustainable nuclear fuel cycle. And AREVA is the first that has launched such a project, looking further ahead. The three main axes of sustainable development, economical, social, and environmental, are truly taken into account in the development of the new project.

  18. Disruption of Information Technology Projects: The Reactive Decoupling of Project Management Methodologies

    Science.gov (United States)

    Schmitz, Kurt W.

    2013-01-01

    Information Technology projects have migrated toward two dominant Project Management (PM) methodologies. Plan-driven practices provide organizational control through highly structured plans, schedules, and specifications that facilitate oversight by hierarchical bureaucracies. In contrast, agile practices emphasize empowered teams using flexible…

  19. Ceramic Technology Project. Semiannual progress report, April 1991--September 1991

    Energy Technology Data Exchange (ETDEWEB)

    1992-03-01

    The Ceramic Technology Project was developed by the USDOE Office of Transportation Systems (OTS) in Conservation and Renewable Energy. This project, part of the OTS`s Materials Development Program, was developed to meet the ceramic technology requirements of the OTS`s automotive technology programs. Significant accomplishments in fabricating ceramic components for the USDOE and NASA advanced heat engine programs have provided evidence that the operation of ceramic parts in high-temperature engine environments is feasible. These programs have also demonstrated that additional research is needed in materials and processing development, design methodology, and data base and life prediction before industry will have a sufficient technology base from which to produce reliable cost-effective ceramic engine components commercially. A five-year project plan was developed with extensive input from private industry. In July 1990 the original plan was updated through the estimated completion of development in 1993. The objective is to develop the industrial technology base required for reliable ceramics for application in advanced automotive heat engines. The project approach includes determining the mechanisms controlling reliability, improving processes for fabricating existing ceramics, developing new materials with increased reliability, and testing these materials in simulated engine environments to confirm reliability. Although this is a generic materials project, the focus is on the structural ceramics for advanced gas turbine and diesel engines, ceramic bearings and attachments, and ceramic coatings for thermal barrier and wear applications in these engines. To facilitate the rapid transfer of this technology to US industry, the major portion of the work is being done in the ceramic industry, with technological support from government laboratories, other industrial laboratories, and universities.

  20. Determinants of farmers’ perception to invest in soil and water conservation technologies in the North-Western Highlands of Ethiopia

    Directory of Open Access Journals (Sweden)

    Desalew Meseret Moges

    2017-03-01

    Full Text Available Soil erosion by water is a severe and continuous ecological problem in the north-western Highlands of Ethiopia. Limited perception of farmers to practice soil and water conservation (SWC technologies is one of the major causes that have resulted accelerated soil erosion. Therefore, this paper examines the major determinants of farmers’ perception to use and invest in SWC technologies in Ankasha District, north-western highlands of Ethiopia. A detailed field survey was carried out among 338 households, randomly selected from two rural sample kebeles (called villages here after. Descriptive statistics and logistic regression model were used to analyse the effects of multiple variables on farmers’ perception. The results indicate that educational level of the respondents and their access to trainings were found to have a positive and very significant association (P<0.01 with farmers’ perception. Likewise, land ownership, plot size, slope type, and extension contact positively and significantly influenced farmers’ perception at 5% level of significance. On the other hand, the influence of respondents’ age and plot distance from the homestead was found to be negative and significant (P<0.05. The overall results of this study indicate that the perception of farmers to invest in SWC technologies was highly determined by socioeconomic, institutional, attitudinal and biophysical factors. Thus, a better understanding of constrains that influence farmers' perception is very important while designing and implementing SWC technologies. Frequent contacts between farmers and extension agents and continues agricultural trainings are also needed to increase awareness of the impacts of SWC benefits.

  1. U.K. offshore project employs new technologies

    Energy Technology Data Exchange (ETDEWEB)

    Moritis, G.

    1995-12-18

    The Liverpool Bay project, to produce oil and gas from four offshore fields in the British sector of the Irish Sea, includes a number recently developed technologies. GE Power Systems and GE Marine and Industrial Engines says that this project is the first to use its GE LM6000 aeroderivative gas turbine for power generation. On the Lennox platform, Cooper Cameron Corp.`s first platform spool tree was installed. Marine fouling protection of the platforms is provided by LEV Group`s proprietary ocean-powered marine growth preventers. All three technologies are described.

  2. Barriers and Facilitators of Collaborative Management in Technological Innovation Projects

    Directory of Open Access Journals (Sweden)

    Sonia Regina Hierro Parolin

    2013-05-01

    Full Text Available Discussions about innovation tend to a more systemic and cooperative approach in which those networks focused on scientific and technological development are considered. This article aims to identify the barriers and facilitators in the collaborative management process of technological innovation projects and a study has been carried out by the cooperation action for innovation with 17 industries in Brazil. The primary evidence refers to the crucial role of project managers when leading the structural demands, and clarity on the relevance of the communication of strategic guidelines among the organizations involved for the achievement of the results in the industries.

  3. Project Update: Increased Fuel Affordability through Deployable Refining Technology

    Science.gov (United States)

    2016-08-01

    Form 298 (Rev. 8- 98) Prescribed by ANSI Std. 239.18 1 PROJECT UPDATE: INCREASED FUEL AFFORDABILITY THROUGH DEPLOYABLE REFINING TECHNOLOGY August...Generator fuel ~ 1-2 gph Waste extract ~ 20 gph Feed extractant ~ 20 gph Extraction fluid = denatured ( methanol or DB) ethanol / water 70 / 30...Briefing Charts 3. DATES COVERED (From - To) 15 August 2016 – 30 September 2016 4. TITLE AND SUBTITLE Project Update: Increased Fuel Affordability through

  4. Advanced Turbine Technology Applications Project (ATTAP) and Hybrid Vehicle Turbine Engine Technology Support project (HVTE-TS): Final summary report

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-12-01

    This final technical report was prepared by Rolls-Royce Allison summarizing the multiyear activities of the Advanced Turbine Technology Applications Project (ATTAP) and the Hybrid Vehicle Turbine Engine Technology Support (HVTE-TS) project. The ATTAP program was initiated in October 1987 and continued through 1993 under sponsorship of the US Department of Energy (DOE), Energy Conservation and Renewable Energy, Office of Transportation Technologies, Propulsion Systems, Advanced Propulsion Division. ATTAP was intended to advance the technological readiness of the automotive ceramic gas turbine engine. The target application was the prime power unit coupled to conventional transmissions and powertrains. During the early 1990s, hybrid electric powered automotive propulsion systems became the focus of development and demonstration efforts by the US auto industry and the Department of energy. Thus in 1994, the original ATTAP technology focus was redirected to meet the needs of advanced gas turbine electric generator sets. As a result, the program was restructured to provide the required hybrid vehicle turbine engine technology support and the project renamed HVTE-TS. The overall objective of the combined ATTAP and HVTE-TS projects was to develop and demonstrate structural ceramic components that have the potential for competitive automotive engine life cycle cost and for operating 3,500 hr in an advanced high temperature turbine engine environment. This report describes materials characterization and ceramic component development, ceramic components, hot gasifier rig testing, test-bed engine testing, combustion development, insulation development, and regenerator system development. 130 figs., 12 tabs.

  5. Technology choice and CDM projects in China: case study of a small steel company in Shandong Province

    International Nuclear Information System (INIS)

    Kaneko, Shinji; Yonamine, Asaka; Jung, Tae Yong

    2006-01-01

    Corporate motives and strategies of both investing and hosting country affect the outcomes of a clean development mechanism (CDM) project-who introduces what technology to whom-and result in large differences in economic viability and the CO 2 emission reductions. This is particularly true for steel industry in which steel making consists of many detailed and complex processes, a given strategy could produce cumulative effects of the individual technologies used, leading to large energy savings overall. The objective of this study is to demonstrate some analytical methods that can be used to quantitatively evaluate the impacts of technology selection on the profit performance of CDM projects. Specifically, in this study we analyze a CDM project to introduce energy saving technology from Japan to a small steel manufacturer in China's Shandong Province, and conduct a simulation of the quantitative relationships between various technology options and profitability. Based on these results, we examine the environmental and economic significance of technology selection for CDM projects. To take this further, we then reconsider the profitability of a project as typical FDI activity (i.e., without the CDM), and by comparing this outcome with the CDM case, we clarify the significance and potential of the CDM

  6. Information Technology: The Defense Advanced Research Projects Agency's Transition of Advanced Information Technology Programs

    National Research Council Canada - National Science Library

    Ugone, Mary

    2002-01-01

    .... The Defense Advanced Research Projects Agency's mission is to develop imaginative, innovative, and often high-risk research ideas offering a significant technological impact on DoD and commercial systems...

  7. The Economics of Commercial-Military Integration and Dual-Use Technology Investments,

    Science.gov (United States)

    1995-06-01

    economic surplus. We conclude that despite the significant amount of analysis of the economics of 5 technological change , to date there is still no...firms and market structure. However, while the I 1 Joseph Schumpeter , The Theory of Economic Development, 1989, p. 3. 2 The mathematical constructs... analysis of the economics of technological change , to date there is still no comprehensive, workable

  8. Projecting water resources changes in potential large-scale agricultural investment areas of the Kafue River Basin in Zambia

    Science.gov (United States)

    Kim, Y.; Trainor, A. M.; Baker, T. J.

    2017-12-01

    Climate change impacts regional water availability through the spatial and temporal redistribution of available water resources. This study focuses on understanding possible response of water resources to climate change in regions where potentials for large-scale agricultural investments are planned in the upper and middle Kafue River Basin in Zambia. We used historical and projected precipitation and temperature to assess changes in water yield, using the Soil and Water Assessment Tool (SWAT) hydrological model. Some of the Coupled Model Intercomparison Project Phase 5 (CMIP5) climate model outputs for the Representative Concentration Pathway (RCP) 4.5 and 8.5 scenarios project a temperature warming range from 1.8 - 5.7 °C over the region from 2020 to 2095. Precipitation projection patterns vary monthly but tend toward drier dry seasons with a slight increase in precipitation during the rainy season as compared to the historical time series. The best five calibrated parameter sets generated for the historical record (1965 - 2005) were applied for two future periods, 2020 - 2060 and 2055 - 2095, to project water yield change. Simulations projected that the 90th percentile water yield would be exceeded across most of the study area by up to 800% under the medium-low (RCP4.5) CO2 emission scenario, whereas the high (RCP8.5) CO2 emission scenario resulted in a more spatially varied pattern mixed with increasing (up to 500%) and decreasing (up to -54%) trends. The 10th percentile water yield indicated spatially varied pattern across the basin, increasing by as much as 500% though decreasing in some areas by 66%, with the greatest decreases during the dry season under RCP8.5. Overall, available water resources in the study area are projected to trend toward increased floods (i.e. water yields far exceeding 90th percentile) as well as increasing drought (i.e. water yield far below 10th percentile) vulnerability. Because surface water is a primary source for agriculture

  9. ROMANIAN INVESTMENT POLICY ANALYSIS

    Directory of Open Access Journals (Sweden)

    Hategan Anca

    2011-07-01

    Full Text Available Starting with the year 2009, the European Union, as well as the rest of the world, was affected by the economic and financial crisis, and one of the effects reflected in the decrease of foreign direct investment (FDI projects and also in the reduction of their host locations. Creating a healthy economic environment, that should be efficient for any form of international investment , represents the nowadays challenge of all market economies. This paper concentrates on analyzing our country’s attractiveness from the international investor’s point of view, it also focuses on the Romanian investment policy, its investment climate, as well as on identifying or valuating the strengths and opportunities offered by Romania. The advantages of the foreign direct investments are universally recognized and they basically include the expansion of the production capacity and income, job creation, technologically diffusion and economic development. Creating an appropriate economic environment, that is efficient for any form of international investments represents the nowadays challenge of all market economies. OECD member states experience, for example, outlines the advantages of a functional legal and normative climate, based on the principles of transparency and non discrimination, that are essential for attracting foreign investments. In the actual competition for attracting FDI, every state tries to offer as many incentives to the future foreign investors. The Romanian investment policy sets out incentives in a non-discriminatory and transparent way offering the investors the specific criteria. The Romanian business environment has improved significantly in recent years, driven in particular by EU accession. Major progress has been recorded in areas such as the fiscal environment, rule of law, the fight against corruption and property registration. When considering our country a possible location for the development of their businesses, the foreign

  10. 32 CFR Appendix A to Part 37 - What Is the Civil-Military Integration Policy That Is the Basis for Technology Investment...

    Science.gov (United States)

    2010-07-01

    ... 32 National Defense 1 2010-07-01 2010-07-01 false What Is the Civil-Military Integration Policy That Is the Basis for Technology Investment Agreements? A Appendix A to Part 37 National Defense Department of Defense OFFICE OF THE SECRETARY OF DEFENSE DoD GRANT AND AGREEMENT REGULATIONS TECHNOLOGY...

  11. Biomedical Monitoring By A Novel Noncontact Radio Frequency Technology Project

    Science.gov (United States)

    Oliva-Buisson, Yvette J. (Compiler)

    2014-01-01

    The area of Space Health and Medicine is one of the NASA's Space Technology Grand Challenges. Space is an extreme environment which is not conducive to human life. The extraterrestrial environment can result in the deconditioning of various human physiological systems and thus require easy to use physiological monitoring technologies in order to better monitor space crews for appropriate health management and successful space missions and space operations. Furthermore, the Space Technology Roadmap's Technology Area Breakdown Structure calls for improvements in research to support human health and performance (Technology Area 06). To address these needs, this project investigated a potential noncontact and noninvasive radio frequency-based technique of monitoring central hemodynamic function in human research subjects in response to orthostatic stress.

  12. 105-C Reactor interim safe storage project technology integration plan

    International Nuclear Information System (INIS)

    Pulsford, S.K.

    1997-01-01

    The 105-C Reactor Interim Safe Storage Project Technology Integration Plan involves the decontamination, dismantlement, and interim safe storage of a surplus production reactor. A major goal is to identify and demonstrate new and innovative D and D technologies that will reduce costs, shorten schedules, enhance safety, and have the potential for general use across the RL complex. Innovative technologies are to be demonstrated in the following areas: Characterization; Decontamination; Waste Disposition; Dismantlement, Segmentation, and Demolition; Facility Stabilization; and Health and Safety. The evaluation and ranking of innovative technologies has been completed. Demonstrations will be selected from the ranked technologies according to priority. The contractor team members will review and evaluate the demonstration performances and make final recommendations to DOE

  13. Commercial Supersonics Technology Project - Status of Airport Noise

    Science.gov (United States)

    Bridges, James

    2016-01-01

    The Commercial Supersonic Technology Project has been developing databases, computational tools, and system models to prepare for a level 1 milestone, the Low Noise Propulsion Tech Challenge, to be delivered Sept 2016. Steps taken to prepare for the final validation test are given, including system analysis, code validation, and risk reduction testing.

  14. Didactics, Technology, and Organisation of Project Based Distance Education

    DEFF Research Database (Denmark)

    Knudsen, Morten Haack; Borch, Ole M.; Helbo, Jan

    2005-01-01

    The didactics, technology, and organization of an ICT supported distance engineering Master education are described. A systematic monitoring and evaluation of the basis year has given useful experience, subsequently used for adjustments and improvements. A successful on-campus project organized...

  15. Expert system for economic evaluation of technological projects

    Directory of Open Access Journals (Sweden)

    Bohumil Hlavenka

    2001-01-01

    Full Text Available Apart from the technical level, a basic tool for decision-making and realization of the technical innovation project is also its economic effectiveness. It is assessed by comparing expenses and effects with respect to all-society interests and standards valid in a relevant period for the areas of technology, economy, ecology, safety of work, etc.

  16. Ubiquitous Learning Project Using Life-Logging Technology in Japan

    Science.gov (United States)

    Ogata, Hiroaki; Hou, Bin; Li, Mengmeng; Uosaki, Noriko; Mouri, Kosuke; Liu, Songran

    2014-01-01

    A Ubiquitous Learning Log (ULL) is defined as a digital record of what a learner has learned in daily life using ubiquitous computing technologies. In this paper, a project which developed a system called SCROLL (System for Capturing and Reusing Of Learning Log) is presented. The aim of developing SCROLL is to help learners record, organize,…

  17. Accessing Curriculum Through Technology Tools (ACTTT): A Model Development Project

    Science.gov (United States)

    Daytner, Katrina M.; Johanson, Joyce; Clark, Letha; Robinson, Linda

    2012-01-01

    Accessing Curriculum Through Technology Tools (ACTTT), a project funded by the U.S. Office of Special Education Programs (OSEP), developed and tested a model designed to allow children in early elementary school, including those "at risk" and with disabilities, to better access, participate in, and benefit from the general curriculum.…

  18. Proceedings of the Nuclear Criticality Technology and Safety Project Workshop

    International Nuclear Information System (INIS)

    Sanchez, R.G.

    1994-01-01

    This report is the proceedings of the annual Nuclear Criticality Technology and Safety Project (NCTSP) Workshop held in Monterey, California, on April 16--28, 1993. The NCTSP was sponsored by the Department of Energy and organized by the Los Alamos Critical Experiments Facility. The report is divided into six sections reflecting the sessions outlined on the workshop agenda

  19. Proceedings of the Nuclear Criticality Technology and Safety Project Workshop

    Energy Technology Data Exchange (ETDEWEB)

    Sanchez, R.G. [comp.

    1994-01-01

    This report is the proceedings of the annual Nuclear Criticality Technology and Safety Project (NCTSP) Workshop held in Monterey, California, on April 16--28, 1993. The NCTSP was sponsored by the Department of Energy and organized by the Los Alamos Critical Experiments Facility. The report is divided into six sections reflecting the sessions outlined on the workshop agenda.

  20. Combination of real options and game-theoretic approach in investment analysis

    Science.gov (United States)

    Arasteh, Abdollah

    2016-02-01

    Investments in technology create a large amount of capital investments by major companies. Assessing such investment projects is identified as critical to the efficient assignment of resources. Viewing investment projects as real options, this paper expands a method for assessing technology investment decisions in the linkage existence of uncertainty and competition. It combines the game-theoretic models of strategic market interactions with a real options approach. Several key characteristics underlie the model. First, our study shows how investment strategies rely on competitive interactions. Under the force of competition, firms hurry to exercise their options early. The resulting "hurry equilibrium" destroys the option value of waiting and involves violent investment behavior. Second, we get best investment policies and critical investment entrances. This suggests that integrating will be unavoidable in some information product markets. The model creates some new intuitions into the forces that shape market behavior as noticed in the information technology industry. It can be used to specify best investment policies for technology innovations and adoptions, multistage R&D, and investment projects in information technology.

  1. ‘Slow’ Revitalization on Regional Scale, the Example of an Integrated Investment Project

    Science.gov (United States)

    Mazur-Belzyt, Katarzyna

    2017-10-01

    The study arose from question about the future of towns, as well as the possibility of their development. The paper is an attempt to look at the direction in which many towns around the world aim, connecting to a networks, and especially the network of Cittaslow. The author asked a few questions - whether the Cittaslow network actually helps towns to use their inner potential, build their brand and improve the quality of residents’ lifes? The starting point for the case study method adopted in the paper is a discussion of examples of urban networks as a background for a wider Cittaslow characteristic. For this purpose, there was conducted literature and in situ research on the Cittaslow towns, the query of documents related to Polish Cittaslow, own photographic documentation was collected and a series of talks were carried out in different offices and municipalities. The database constructed in this way, allowed the analysis and conclusions. An important part of the research was the synthesis of information on the integrated project which has been taken in 14 Polish Slow Cities. “The Cross-Local Programme of Revitalization of Cittaslow Town Network in the Warmian-Masurian Voivodeship” is a unique action on the scale of the entire international Cittaslow network. Each of the participating towns tried to exploit through revitalization its own unique potential for real growth and improve the quality of life of its residents. Through the joint action, even the smallest town could more easily obtain significant funding. The involvement of regional government and understanding of the idea was also crucial. Cittaslow network, although not perfect, may in the long term strengthen linkages and exchange of experience between the slow towns and not lead to their unification. Furthermore, as shown by the example of Polish “The Cross-Local Programme of Revitalization of Cittaslow Town Network in the Warmian-Masurian Voivodeship”, belonging to the Cittaslow network

  2. Materials Development Program: Ceramic Technology Project bibliography, 1984--1992

    Energy Technology Data Exchange (ETDEWEB)

    1994-03-01

    The Ceramic Technology [for Advanced Heat Engines] Project was begun in 1983 to meet the ceramic materials needs of the companion DOE automotive engine program, the Advanced Gas Turbine (AGT) project, and the Heavy Duty Transport (low-heat-rejection, heavy-duty diesel) project. Goal is to develop an industry technology base for reliable and cost effective ceramics for applications in advanced automotive gas turbine and diesel engines. Research areas were identified following extensive input from industry and academia. Majority of research is done by industry (60%); work is also done at colleges and universities, in-house, and at other national laboratories and government agencies. In the beginning, reliability of ceramic components was the key issue. The reliability issues have largely been met and, at the present time, cost is the driving issue, especially in light of the highly cost-sensitive automotive market. Emphasis of the program has now been shifted toward developing cost-effective ceramic components for high-performance engines in the near-term. This bibliography is a compilation of publications done in conjunction with the Ceramic Technology Project since its beginning. Citations were obtained from reports done by participants in the project. We have tried to limit citations to those published and easily located. The end date of 1992 was selected.

  3. Analysis of For-Profit Commercial Firm Participation in Technology Investment Agreements

    National Research Council Canada - National Science Library

    Tucker, Barbara

    2002-01-01

    .... These changes impacted the military's ability to maintain technological superiority over its adversaries, which was the foundation of a successful U,S, national defense, Commercial research and development (R&D...

  4. Shared Investment by NIS and National Labs Develops Cutting-Edge Safeguards Technologies

    Energy Technology Data Exchange (ETDEWEB)

    Anheier, Norman C.; Williams, Laura S.

    2012-04-01

    This article, regarding a new technology for detecting undeclared enrichment at gas centrifuge enrichment plants, was written for the DOE/NNSA NA-24 Highlights, a newsletter intended for public release.

  5. Multimodal freight investment criteria.

    Science.gov (United States)

    2010-07-01

    Literature was reviewed on multi-modal investment criteria for freight projects, examining measures and techniques for quantifying project benefits and costs, as well as ways to describe the economic importance of freight transportation. : A limited ...

  6. Investment, replacement and scrapping in a vintage capital model with embodied technological change

    OpenAIRE

    Bitros, George C.; Hritonenko, Natali; Yatsenko, Yuri

    2007-01-01

    This paper analyzes and compares two alternative policies of determining the service life and replacement demand for vintage equipment under embodied technological change. The policies are the infinite-horizon replacement and the transitory replacement ending with scrapping. The corresponding vintage capital models are formulated in the dynamic optimization framework. These two approaches lead to different estimates of the duration of replacements and the impact of technological change on the...

  7. Sustainable thermal technologies and care homes: Productive alignment or risky investment?

    International Nuclear Information System (INIS)

    Neven, Louis; Walker, Gordon; Brown, Sam

    2015-01-01

    The use of more sustainable thermal technologies is a policy imperative across the UK building stock. However, not all building uses provide the same opportunities for technology uptake as others. Care homes for older people have characteristics which in technical and economic terms suggest that they might be particularly appropriate for the implementation of more sustainable thermal technologies. They have comparatively high demands for space heating and hot water often sustained on a 24/7 basis. However there are many considerations, both generic and contextual, that will typically play into processes of technology uptake. Through qualitative research in six case study homes, focused on management and staff perspectives and experiences, we explore the degree to which there might be a productive alignment between care home operation and the use of sustainable thermal technologies. Two key themes emerge focused on business considerations and the importance of avoiding risk and damage to reputation; and the ways in which different thermal technologies are relevant to and can potentially impact on care practices. We conclude that despite potential benefits the sector could remain rather resistant to sustainability innovations. We suggest therefore areas in which productive action and further research could be undertaken. -- Highlights: •Care homes for older people might be particularly appropriate for the use of sustainable thermal technologies. •We examine if a productive alignment between care homes and the use of sustainable thermal technologies does exist in practice. •Two key themes are risks to business reputation; and relevance and potential benefits to care practices. •We conclude that the sector could remain rather reluctant to embrace sustainability innovation

  8. Advanced Air Transportation Technologies Project, Final Document Collection

    Science.gov (United States)

    Mogford, Richard H.; Wold, Sheryl (Editor)

    2008-01-01

    This CD ROM contains a compilation of the final documents of the Advanced Air Transportation Technologies (AAIT) project, which was an eight-year (1996 to 2004), $400M project managed by the Airspace Systems Program office, which was part of the Aeronautics Research Mission Directorate at NASA Headquarters. AAIT focused on developing advanced automation tools and air traffic management concepts that would help improve the efficiency of the National Airspace System, while maintaining or enhancing safety. The documents contained in the CD are final reports on AAIT tasks that serve to document the project's accomplishments over its eight-year term. Documents include information on: Advanced Air Transportation Technologies, Autonomous Operations Planner, Collaborative Arrival Planner, Distributed Air/Ground Traffic Management Concept Elements 5, 6, & 11, Direct-To, Direct-To Technology Transfer, Expedite Departure Path, En Route Data Exchange, Final Approach Spacing Tool - (Active and Passive), Multi-Center Traffic Management Advisor, Multi Center Traffic Management Advisor Technology Transfer, Surface Movement Advisor, Surface Management System, Surface Management System Technology Transfer and Traffic Flow Management Research & Development.

  9. Demonstration Project 111, ITS/CVO Technology Truck, Final Project Report

    Energy Technology Data Exchange (ETDEWEB)

    Gambrell, KP

    2002-01-11

    In 1995, the planning and building processes began to design and develop a mobile demonstration unit that could travel across the nation and be used as an effective outreach tool. In 1997, the unit was completed; and from June 1997 until December 2000, the Federal Highway Administration (FHWA)/Federal Motor Carrier Safety Administration (FMCSA) mobilized the Technology Truck, also known as Demonstration Project No. 111, ''Advanced Motor Carrier Operations and Safety Technologies.'' The project featured the latest available state-of-the-practice intelligent transportation systems (ITS) technologies designed to improve both the efficiency and safety of commercial vehicle operations (CVO). The Technology Truck was designed to inform and educate the motor carrier community and other stakeholders regarding ITS technologies, thus gaining support and buy-in for participation in the ITS program. The primary objective of the project was to demonstrate new and emerging ITS/CVO technologies and programs, showing their impact on motor carrier safety and productivity. In order to meet the objectives of the Technology Truck project, the FHWA/FMCSA formed public/private partnerships with industry and with Oak Ridge National Laboratory to demonstrate and display available ITS/CVO technologies in a cooperative effort. The mobile demonstration unit was showcased at national and regional conferences, symposiums, universities, truck shows and other venues, in an effort to reach as many potential users and decision makers as possible. By the end of the touring phase, the ITS/CVO Technology Truck had been demonstrated in 38 states, 4 Canadian provinces, 88 cities, and 114 events; been toured by 18,099 people; and traveled 115,233 miles. The market penetration for the Technology Truck exceeded 4,000,000, and the website received more than 25,000 hits. In addition to the Truck's visits, the portable ITS/CVO kiosk was demonstrated at 31 events in 23 cites in 15

  10. Expansion of Michigan EOR Operations Using Advanced Amine Technology at a 600 MW Project Wolverine Carbon Capture and Storage Project

    Energy Technology Data Exchange (ETDEWEB)

    H Hoffman; Y kishinevsky; S. Wu; R. Pardini; E. Tripp; D. Barnes

    2010-06-16

    highly corrosive nature of the typical amine-based separation process leads to high plant capital investment. According to recent DOE-NETL studies, MEA-based CCS will increase the cost of electricity of a new pulverized coal plant by 80-85% and reduce the net plant efficiency by about 30%. Non-power industrial facilities will incur similar production output and efficiency penalties when implementing conventional carbon capture systems. The proposed large scale demonstration project combining advanced amine CO{sub 2} capture integrated with commercial EOR operations significantly advances post-combustion technology development toward the DOE objectives of reducing the cost of energy production and improving the efficiency of CO{sub 2} Capture technologies. WPC has assembled a strong multidisciplinary team to meet the objectives of this project. WPC will provide the host site and Hitachi will provide the carbon capture technology and advanced solvent. Burns and Roe bring expertise in overall engineering integration and plant design to the team. Core Energy, an active EOR producer/operator in the State of Michigan, is committed to support the detailed design, construction and operation of the CO{sub 2} pipeline and storage component of the project. This team has developed a Front End Engineering Design and Cost Estimate as part of Phase 1 of DOE Award DE-FE0002477.

  11. Ceramic Technology Project semiannual progress report, April 1992--September 1992

    Energy Technology Data Exchange (ETDEWEB)

    Johnson, D.R.

    1993-07-01

    This project was developed to meet the ceramic technology requirements of the DOE Office of Transportation Systems` automotive technology programs. Significant progress in fabricating ceramic components for DOE, NASA, and DOE advanced heat engine programs show that operation of ceramic parts in high-temperature engines is feasible; however, addition research is needed in materials and processing, design, and data base and life prediction before industry will have a sufficient technology base for producing reliable cost-effective ceramic engine components commercially. A 5-yr project plan was developed, with focus on structural ceramics for advanced gas turbine and diesel engines, ceramic bearings and attachments, and ceramic coatings for thermal barrier and wear applications in these engines.

  12. Tehachapi Wind Energy Storage Project - Technology Performance Report #3

    Energy Technology Data Exchange (ETDEWEB)

    Pinsky, Naum [Southern California Edison, Rosemead, CA (United States); O' Neill, Lori [Southern California Edison, Rosemead, CA (United States)

    2017-03-31

    The TSP is located at SCE’s Monolith Substation in Tehachapi, California. The 8 MW, 4 hours (32 MWh) BESS is housed in a 6,300 square foot facility and 2 x 4 MW/4.5 MVA smart inverters are on a concrete pad adjacent to the BESS facility. The project will evaluate the capabilities of the BESS to improve grid performance and assist in the integration of large-scale intermittent generation, e.g., wind. Project performance was measured by 13 specific operational uses: providing voltage support and grid stabilization, decreasing transmission losses, diminishing congestion, increasing system reliability, deferring transmission investment, optimizing renewable-related transmission, providing system capacity and resources adequacy, integrating renewable energy (smoothing), shifting wind generation output, frequency regulation, spin/non-spin replacement reserves, ramp management, and energy price arbitrage. Most of the operations either shift other generation resources to meet peak load and other electricity system needs with stored electricity, or resolve grid stability and capacity concerns that result from the interconnection of intermittent generation. SCE also demonstrated the ability of lithium ion battery storage to provide nearly instantaneous maximum capacity for supply-side ramp rate control to minimize the need for fossil fuel-powered back-up generation. The project began in October, 2010 and will continue through December, 2016.

  13. Sustainable energy for cashew production chain using innovative clean technology project developments

    Energy Technology Data Exchange (ETDEWEB)

    Pannir Selvam, P.V.; Nandenha, Julio; Santiago, Brunno Henrique de Souza; Silva, Rosalia Tatiane da [Universidade Federal do Rio Grande do Norte (GPEC/DEQ/UFRN), Lagoa Nova, RN (Brazil). Dept. de Engenharia Quimica. Grupo de Pesquisa em Engenharia de Custos e Processos], e-mail: pannirbr@gmail.com

    2006-07-01

    The main objective is to develop a new process synthesis based on the residual biomass waste for the energy production applied to the fruit processing plant with co-production of hot, cold thermal energy using biogas from the wood biomass and animal wastes. After carried out the bibliographical research about the current state of art technology, an engineering project had been developed with the use of the software Super Pro Designer V 4.9. Some simulations of processes of the fast pyrolysis, gasification, bio digestion, generation of energy have been realized including the system integration of energy production as innovation of the present work. Three cases study have been developed: first, the current process of conventional energy using combustion, another one using combined pyrolysis and gasification, and the last one with bio digestion for combined power, heat and chilling. The results about the project investment and the cost analysis, economic viability and cash balance were obtained using software Orc 2004. Several techno-economic parameters of the selected cases study involving process innovation were obtained and compared, where a better energy and materials utilization were observed in relation to conventional process. This project which is still in development phase, involves small scale energy integrated system design. The energy and the process integration cashew fruit production chain, based on the clean technology process design, has enable significant improvement in terms of economic and environmental using optimal system configurations with viability and sustainability. (author)

  14. Learning to make technology work - a study of learning in technology demonstration projects

    DEFF Research Database (Denmark)

    Sutherland Olsen, Dorothy; Andersen, Per Dannemand

    2014-01-01

    participants, including users. The aim of the project is usually to test the technology and promote changes in users habits, while learning is frequently cited as the main outcome. In this paper we review existing studies of demonstration projects and try to gain an overview of the main aims and effects......Building working demonstrations of new technologies within sustainable energy and transport has become an important activity in the move towards a more energy efficient society. The work involved in building these demonstrations is usually organised in a project with a variety of different...

  15. Technology Education in South Africa: Evaluating an Innovative Pilot Project

    Science.gov (United States)

    Stables, Kay; Kimbell, Richard

    2001-02-01

    Researchers from Goldsmiths College were asked to undertake an evaluation of a three year curriculum initiative introducing technology education, through a learner-centred, problem solving and collaborative approach. The program was developed in a group of high schools in the North West Province of South Africa. We visited ten schools involved in the project and ten parallel schools not involved who acted as a control group. We collected data on student capability (demonstrated through an innovative test activity) and on student attitudes towards technology (demonstrated in evaluation questionnaires and in semi-structured interviews). Collectively the data indicate that in areas of knowledge and skill and in certain aspects of procedures (most notably problem solving) the project has had a marked impact. We also illustrate that greater consideration could have been given in the project to developing skills in generating and developing ideas and in graphic communication. Gender differences are noted, particularly in terms of positive attitudes illustrated by both boys and girls from schools involved in the project. Attention is drawn to the critical impact the project has had on transforming the pedagogy of the teachers from a teacher-centred didactic model, to a learner-centred, problem solving model. Some wider implications of the successes of this project are debated.

  16. Risk Management in Information Technology Project: An Empirical Study

    Directory of Open Access Journals (Sweden)

    Kornelius Irfandhi

    2016-09-01

    Full Text Available The companies are facing some risks due to changes in a dynamic environment. If risks are not managed properly, it will have some negative impacts on the companies at the present and the future. One important function of the Information Technology (IT governance is risk management. Risk management in IT project aims to provide a safe environment for IT projects undertaken. Risk management becomes an important process for the success of IT projects. This article discussed the risk of IT project and whether there was a relationship between risk management and the success of the project. The method used was performing a literature review of several scientific articles which published between 2010 and 2014. The results of this study are the presence of risk management and risk manager influence the success of the project. Risk analysis and risk monitoring and control also have a relationship with the subjective performance of IT projects. If risk management is applied properly, the chance of the success of the projects undertaken can be increased. 

  17. SMART I.T.: Forget ROI, the Future of Technology Investment Is All about Value

    Science.gov (United States)

    Krueger, Keith R.

    2013-01-01

    In today's economy, according to a recent "New York Times" article, the value of what Americans get from digital technologies is not calculated as part of the gross domestic product. The GDP only measures the monetary value of the goods and services that Americans pay for, not the information that they gain by using technological…

  18. Technology Takes Coaching to Scale: Investing in Innovation Grantees Show How It's Done

    Science.gov (United States)

    Breslow, Nicole

    2017-01-01

    In recent years, there has been increasing interest in the use of video and other technology tools to support professional learning. A growing body of evidence shows how these tools are improving teachers' practice (Borko, Jacobs, Eiteljorg, & Pittman, 2008; Grant & Kline, 2010; van Es & Sherin, 2010). However, there has been less…

  19. Trade and Investment Policies to Promote Climate Friendly Technologies in APEC Economies

    OpenAIRE

    World Bank

    2012-01-01

    Climate Friendly Technologies (CFT) reduces the emissions of greenhouse gases (GHG) by reducing the carbon content of economic activity. Climate change due to greenhouse gases is expected to affect many sectors, and present risks to many Asia-Pacific Economic Cooperation (APEC) economies in Asia. These risks include falling freshwater availability, rainfall volatility, frequent hurricanes ...

  20. Control of Greenhouse Gas Emissions by Optimal DER Technology Investment and Energy Management in Zero-Net-Energy Buildings

    International Nuclear Information System (INIS)

    Stadler, Michael; Siddiqui, Afzal; Marnay, Chris; Aki, Hirohisa; Lai, Judy

    2009-01-01

    The U.S. Department of Energy has launched the commercial building initiative (CBI) in pursuit of its research goal of achieving zero-net-energy commercial buildings (ZNEB), i.e. ones that produce as much energy as they use. Its objective is to make these buildings marketable by 2025 such that they minimize their energy use through cutting-edge, energy-efficiency technologies and meet their remaining energy needs through on-site renewable energy generation. This paper examines how such buildings may be implemented within the context of a cost- or CO2-minimizing microgrid that is able to adopt and operate various technologies: photovoltaic modules (PV) and other on-site generation, heat exchangers, solar thermal collectors, absorption chillers, and passive/demand-response technologies. A mixed-integer linear program (MILP) that has a multi-criteria objective function is used. The objective is minimization of a weighted average of the building's annual energy costs and CO2 emissions. The MILP's constraints ensure energy balance and capacity limits. In addition, constraining the building's energy consumed to equal its energy exports enables us to explore how energy sales and demand-response measures may enable compliance with the ZNEB objective. Using a commercial test site in northernCalifornia with existing tariff rates and technology data, we find that a ZNEB requires ample PV capacity installed to ensure electricity sales during the day. This is complemented by investment in energy-efficient combined heat and power (CHP) equipment, while occasional demand response shaves energy consumption. A large amount of storage is also adopted, which may be impractical. Nevertheless, it shows the nature of the solutions and costs necessary to achieve a ZNEB. Additionally, the ZNEB approach does not necessary lead to zero-carbon (ZC) buildings as is frequently argued. We also show a multi-objective frontier for the CA example, whichallows us to estimate the needed technologies