The coefficient of consolidation of clay deposit is one of the most important properties in the design of ground improvement. The in-situ value of $c_h$ is generally estimated by pore pressure dissipation using piezocone. Many researchers have suggested theoretical formula for its estimation. This study attempts to find out the validity of the existing theoretical formula in Korea and to find out the characteristics of $c_h$ related to the mechanical properties of clay. Piezocone tests and laboratory tests were performed at the site of pilot project of ground improvement at Yangsan-Mulgeum, Gyeongnam. Comparison of the estimated values of $c_h$using piezocone tests results and those from laboratory consolidation tests are carried out. Results show that Torstensson(cylindrical cavity theory) and Teh & Houlsby solutions derive similar values of $c_h$. And $c_h$ from oedometer test shows values similar to the above two methods. The value from either of the above two methods[Torstensson(cylindrical) or Teh & Houlsby] is recommended to be used as $c_h$.