Strategic Plans for the Fusion DEMO Program of Korea

Abstract

The strategic plans for the Korean fusion DEMO program of which the total investment and duration are estimated to be 5 to 11 billion US dollars and around 27 years respectively were developed by adopting various practical skills of the business management and project management disciplines including gap study, analytic hierarchy process and work breakdown structure.The vision, mission and strategic objectives of the program were set in line with the national policies on the promotion of the fusion energy development. The key strategies and strategic initiatives of the program were derived from SWOT (Strengths, Weaknesses, Opportunities and Threats) and matched pair analysis. The implementing measures for the strategic initiatives were studied and the critical success factors for the program were also defined.To facilitate the R&D portfolio management, the Program was divided into three sub-programs in accordance with the three phases of the Program.The R&D activities and facilities of the 2nd phase program were pulled from the final product of the program that is the fusion DEMO Plant by carrying out a gap study. The implementation plans including the estimated costs, human resource plans and timelines are also prepared and introduced.