| Title |
A study on the status and improvement of preliminary feasibility study of culture and tourism projects |
| Authors |
Sun, Shu-Li ; Kim, Ju-Hyung ; Shin Sung-Woo ; Kim, Jae-Jun |
| Keywords |
Preliminary Feasibility Study ; Economic Analysis ; Public Sector |
| Abstract |
According to the preceding research outcomes, feasibility studies on public construction projects were incorrect andsubjective. To resolve the problems, Korean government initiated Preliminary Feasibility Study (PFS) system prior toundertaking the main feasibility study. The PSF can be categorized into four areas such as road, railroad, harbor, airport, andCulture & Tourism (C&T). Especially when it comes to complex due to the introduction of five-weekday working system andlocal government°Øs self administrative system. As a result, the standardization and legislation of the PSF can not be operatedeffectively. Accordingly this paper seeks to 1) identify actual condition of conducted PSF in C&T; 2) set up analytical modelconsidering cost factor of economical efficiency and seek obstacles of PSF system; 3) suggest improvement plan forconstruction PSF projects. |