Many organizations have transformed their business in order to survive and compete in the future. They generate projects by creating a vision, using strategies and objectives with funds aligning strategies and make efforts to complete them successfully because project success leads to business success. All projects have triple constraints such as scope, time, and cost to be completed. Project cost performance is a key factor to achieve project goals and which is mostly related with risks among various cost drivers. Projects require a cost estimation method to complete them within their budget and on time. An accurate budget cannot be estimated due to the uncertainties and risks. Thus some additional money should be funded in addition to the base budget as a contingency reserve for identified risks and a management reserve for unidentified risks. While research on contingency reserve for identified risks included in project budget baseline have been presented, research on management reserve for unidentified risks included in total project budget is still scarce. The lack of research on estimation method and role of the management reserve have made project managers little confidence to estimate project budget accurately with reasonable basis. This study proposes a practical model to estimate budgets including contingency and management reserves for not only project cost management but also to keep the balance of organization’s total funds to maximize return on investments for project portfolio management. The advantages of the proposed model are demonstrated by its application to construction projects in Korea and the processes to apply this model for verification are also provided.

The knitting method of the sleeves for improving movement adaptability were studied in this paper. The purpose of this study is proposing a knitting method that is suitable for the bodies of women in their 20's and can enhance wearing satisfaction. To see the effect of the bind-off length at the axilla, a movement adaptability test was undertaken for 4 samples that have bind-off at bodices. In addition to that, the analysis of their sliding distance with respect to the human motions were executed. The results of this study were listed below. Its result was that the samples with small bind-off lengths represent better wearing satisfaction than the samples which have large bind-off lengths. The comparison of the sliding distances at the hem, waist and sleeves with respect to the tester's motions also shows that the sample having small bind-off makes better result than the sample with large bind-off. It was observed that the optimal length of bind-off was 2cm for the improvement of the sleeve functionality.

The purpose of this study is proposing a knitting method that is suitable for the bodies of women in their 20's and can enhance aesthetic aspect and wearing satisfaction. For this study, four kinds of seamless knit one-pieces were implemented by different knitting method of waist dart each other. The inspection of the exterior and the sensory test of movement adaptability were included in this study. The results of this study were listed below. Exterior evaluation of the four samples results that the sample with outside narrowing and widening get low grade. Thus, we can see that the method having only outside narrowing and widening for waist shaping can cause problems. In addition to that, the sample with inside narrowing and widening get highest grade for almost all test items. The dressing evaluation results that the knitting method of waist dart affect only on the exterior but not on the movement adaptability of the seamless knit one-piece.