• Title/Summary/Keyword: CSF(Critical Success Factors)

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Identification of Critical Success Factors (CSFs) for Public-Private Partnerships Across Infrastructure Sectors

  • Shrestha, Bandana;Shrestha, Pramen P.
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.83-90
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    • 2022
  • Public-private partnerships (PPP) projects are becoming popular in both developed and developing countries due to their ability to access new financing sources and transfer certain project risks to the private sector. PPP has been an active research area where the concept of Critical Success Factors (CSF) is often discussed by researchers. This study aims to identify the CSFs for various PPP infrastructure projects that have been explored in previous CSF studies. This article reviewed the literature about CSF in PPP projects from the years 2002 to 2021, compared the findings of studies regarding the identified CSFs, and consolidated the CSFs that can be applied to various PPP infrastructure projects. The results showed that dominant research focused on general infrastructure, where CSFs can be applied to all infrastructure sectors rather than any specific sector. The most identified CSFs from the study are favorable and efficient legal frameworks, appropriate risk allocation and sharing, a robust and reliable private consortium, a competitive and transparent procurement process, and political support and stability. The findings from the study can provide an overview of CSFs that are relevant to specific PPP infrastructure sectors like building infrastructure, transportation, water, etc. as well as for general infrastructure. In addition, the results can also be used for further empirical analysis.

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Critical Success Factors for Electronic Commerce: Comparative Analysis between Korea and U.S.A. (전자상거래의 성공요인: 한미 비교분석)

  • Sung, Tae-Kyung;Lee, Sang-Kyu
    • Asia pacific journal of information systems
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    • v.12 no.4
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    • pp.37-53
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    • 2002
  • The three main purposes of this paper are to (1) identify critical success factors(CSF's) for electronic commerce(EC), (2) investigate the explanatory power of these CSF's on firm performance, and (3) compare differences in evaluating CSF's and explaining impact of CSF's on performance between Korean and U.S.A. EC managers. Through a literature review and interviews with managers in EC firms, a list of 16 CSF's consisting of 111 items was compiled. In the second stage, questionnaires were administered to managers of EC companies in Seoul, Korea and Texas, U.S.A. Survey results show that CSF's have very significant explanatory power for firm performance in both Korean and U.S.A. While security, privacy, technical expertise, information about goods/services, and variety of goods/services are the most explanatory CSF's in Korea, evaluation of EC operations, technical expertise, and ease of use show most explanatory power in U.S.A. This analysis confirms the fact that customers use EC if they feel comfortable about navigating EC for information about a variety of goods/services without technical difficulty and in a secure and private way.

e-Learning Business Models and Critical Success Factors : An Empirical Assessment of e-Learning Firms (e-Learning 비즈니스 모델과 성공요인에 관한 연구)

  • Jeong Dae Yul;Seong Haeng Nam
    • Proceedings of the Korea Association of Information Systems Conference
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    • 2004.11a
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    • pp.431-443
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    • 2004
  • Many e-Learning companies are incorporated for the last five years, but most of them are failed or merged by the other company. The main reasons are the absence of competitive strategies and recognition of critical success factors. There are many researches on the critical success factors of Information System (IS) and Electronic Commerce (EC) . We derived e-Learning success factors from the previous IS and EC researches. We classified the success factors into five dimensions, (1) contents management, (2) learner management, (3) business strategy, (4) organizational support and ability, (5) learning management system (LMS), and each dimension has 9 or more success factors measurement items. We surveyed the perceived importance of the success factors from the manager of South Korea e-Learning firms. The paper categorized the items into two or more factors for each dimension by the exploratory factor analysis. Finally, we conducted one-way ANOVA for each success factors by the business model. As a result, there is different importance level for each success factors by the business model. We concluded that each e-Learning company needs different strategies to their business model.

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An Empirical Study on the Critical Success Factors of Business to Business e-Procurement System (B2B 전자조달시스템의 핵심성공요인(CSF) 도출을 위한 실증분석)

  • Lee, Sang-Jin;Shin, Seoung-Man
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.47
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    • pp.239-260
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    • 2010
  • The purpose of this study would like to investigate the critical success factors of the e-procurement which means on-line purchase of goods and services for organizations. This action represents one of the largest expense items in a firm's cost structure. In order to draw CSFs of e-procurement system, we have surveyed questionnaire to the related firms. The basic variables used in this survey are taken from many precedent researches in relation to the e-procurement. On the other hand, the research data is collected from companies which had used the MRO e-marketplace. Through factor analysis of those data, four-factor resulted as follows: (1) factor one suggests the rationalization of the firm's management of its suppliers; (2) factor two calls for redesigning affected business processes and influencing end-user/employee procurement-related behaviors; (3) factor three refers to carefully orchestrating an e-procurement technology planning process with one's suppliers and using intelligence in designing the software and mining the data it produces; and (4) factor four relates to selecting an e-procurement solution and/or simultaneously participating in a number of electronic environments supporting e-procurement. In conclusion, these four factors are regarded as critical success factors for the application of e-procurement system and then suppliers should take care the effective planning of e-procurement structure.

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시스템사고로 분석한 RTE 주요성공요인

  • Jeong, Jae-Yun;Kim, Hyeon-Su;Choe, Hyeong-Rim;Hong, Sun-Gu
    • Proceedings of the Korean System Dynamics Society
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    • 2006.11a
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    • pp.13-27
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    • 2006
  • 갈수록 증가하는 불확실한 경영환경에 대응하기 위한 방안으로 실시간기업 (Real-Time Enterprise)이라는 개념이 대두되고 있지만, 현재 이를 구체적으로 실행 하기 위한 연구들이 미흡한 상황이다 이에 본 논문에서 가트너가 제시한 RTE 정의를 바탕으로 RTE 활동 및 구체화 방안을 살펴봄으로써 RTE의 주요성공요인 (Critical Success Factors)을 도출하는 연구를 수행하였다 RTE CSF를 도출함에 있어서 시스템 사고(System Thinking)를 통해 생성 된 인과지도를 이용하였다.

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A Study on Critical Success Factors in Implementing Military Hospital Information Systems (군 병원정보시스템 구현의 중요성공요인 분석 연구)

  • Kim, Jun-Woo;Kim, Seoung-Ki;Jeon, Dong-Jin
    • Asia pacific journal of information systems
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    • v.15 no.1
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    • pp.81-113
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    • 2005
  • IT has affected the hospital management via information systems and multimedia systems such as hospital information systems(HIS) and Order Communication System(OCS). A large number of researches have been done on the topic of success factors of information systems implementation, but a few on the topics of hospital information systems. Thus in this study, the success factors of the military hospital information systems implementation was analysed. To this end, a number of previous researches were reviewed and about 71 items of success factors were deduced. For doing empirical analysis, a questionnaire with 71 items was prepared and sent to proper organizations. The statistical analysis such as factor analysis was applied to about 400 of them returned. The six success factors and 20 sub success factors were resulted from factor analysis. The six success factors include systems management factor, technology and organization factor, the efficiency of IT department factor, technology application factor, outsourcing factor and environment factors. This study finds the outsourcing and environment factors are very important factors as much as other success factors which previously were mentioned.

Measurement of CSF's Maturity for Korean e-Biz Market (한국 e-Biz 시장의 핵심성공요인 성숙도 측정)

  • Hong, Hyun-Gi
    • The Journal of the Korea Contents Association
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    • v.7 no.7
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    • pp.161-170
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    • 2007
  • E-Business has, nowadays, become a common commerce transaction. In the beginning, e-Biz has known as Electronic Commerce and has expanded its territory to department store's shopping mall, travel, finance, stock, and even luxury goods as car sales market. Considering these trends, this paper researched the environment of korean e-Biz market and suggested the picture of the matured and sound e-Biz market in Korea. We surveyed matured level of Critical Success Factors of e-Biz in terms of management. We also surveyed time based Critical Success Factors to analyze level of the Korean e-Biz market. These study's may provide us the knowledge about the prediction and preparation for changes in e-Biz market in the future.

The Analysis of Success Factor and It's Weights of Supply Chain Management System (공급사슬관리시스템의 성공요인 및 중요도 분석)

  • Hong, Hyun-Gi
    • Journal of Digital Convergence
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    • v.10 no.3
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    • pp.51-58
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    • 2012
  • The goal of this paper is to set up the rank list of the critical success factors according to its weights. To get the empirical data for this research, the Internet-based questionnaires were performed. This research is carried out in two steps. At first step, the critical success factors(CSF) are crystallized through factor analysis methods. To find out the weights and ranks of critical success factors in second step, the analytical hierarchical process(AHP) method were performed. The order list of all CSFs will be determined according to their priorities. This order list shows which factors have the most useful influence on the performance and success of SCM. This result could play the role as milestone for the effective management of Supply Chain Management System in korean manufacturing company.

Critical Success Factors for BPM Implementation : A Multiple Case Study (다중 사례 분석을 통한 BPM의 핵심성공요인에 관한 연구)

  • Lee, Sung-Ho;Lee, Jung-Hoon;Jeon, Ho-Jin
    • The Journal of Society for e-Business Studies
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    • v.17 no.1
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    • pp.189-214
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    • 2012
  • In recent years, the innovative management tool of Business Process Management (BPM), has begun to reorganize business processes to enhance firms' operational performance. As practitioners have identified a number of failed BPM projects, research has begun to consider the Critical Success Factors (CSFs) for successful BPM implementation. However, these research works have not yet been properly theoretically grounded in being able rigorously to classify and then compare different BPM implementation practices. The main objective of this paper is thus to identify a theoretical basis for BPM implementation. The paper proposes a combined theoretical framework of dynamic capability and task-technology fit to identify CSFs for BPM. This basis is then used to interpret three different case studies of BPM implementation in Korea.

Critical Success Factors for Nuclear Power Plant Construction Projects (원전건설의 성공적인 시공을 위한 핵심성공요인(CSFs) 도출)

  • Shin, Gisung;Bang, Seongdeok;Kim, Kyeongseok;Kim, Hyoungkwan
    • Korean Journal of Construction Engineering and Management
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    • v.18 no.1
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    • pp.48-57
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    • 2017
  • The construction of the first nuclear power plant (Kori #1) in Korea started in 1971, Korea operates 24 nuclear power plants and is constructing 4 in 2015. During about 45 years of construction experience, insufficient studies have been investigated for the identification of critical success factors(CSFs) for nuclear power plant construction. Based on literature reviews and focus group interviews, this study presented a list of CSFs for construction of nuclear power plants. A survey for validating the results of CSFs was conducted with 164 experts. This study indicates that attentions should be placed upon the lowest price-based contract awarding policy, the need for reasonable pricing standard implementation, database development, and deployment for experienced nuclear power plant construction workers, identification and nurturing of competitive subcontractors, and minimization of lag times in construction activities.