• Title/Summary/Keyword: Construction Project Performance

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An Impact of Project Performance by Using Smart Construction Technology (스마트 건설기술 활용에 따른 프로젝트 성과 영향에 관한 연구)

  • Kim, Taehoon;Cho, Kyuman
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2023.05a
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    • pp.291-292
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    • 2023
  • In line with the advent of the 4th industrial revolution, project performance such as construction productivity and safety is being improved through the use of various smart technologies in construction projects. However, most studies focus on case analysis according to technology application, and research on performance impact and evaluation methods is insufficient. However, the performance impact of the use of smart construction technology can vary greatly depending on the capabilities and level of support of the organization using the technology. Therefore, this study aims to establish factors that affect the performance of smart construction technology utilization at the organizational level and analyze the performance impact relationship. The results of this study will provide the basis for establishing an organizational system and evaluating performance for the efficient use of smart construction technology in the future.

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The Necessity of Performance Goal Setting Phase for Construction Project (건설사업 성과목표수립 단계의 필요성에 관한 연구)

  • Jeon, Me-Yeon;Yu, Jung-Ho
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2011.05a
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    • pp.159-162
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    • 2011
  • The goal setting and performance measurement is essential tool for performance management. If appropriate goal setting and performance measurement is not done, problems may arise in the management. Therefore, in order to improve the efficiency of building production that management is essential. In addition, the construction project objectives established at the planning phase give considerable influence on the success of the construction project. Therefore, objective of this paper is to suggest the necessity of performance goal setting phase. This paper analyzes problems of goal setting phase and suggests the way to improve about problems.

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A Study on the Determining Factors For Assessment Criteria of Project Performance Capability of CM(Constuction Management) Considering Safety (안전을 고려한 건설사업관리 용역업자(CM) 사업수행능력 평가기준 요인 도출 연구)

  • Kim, Do-Su;Shin, Yoon-Seok
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2019.11a
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    • pp.52-53
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    • 2019
  • The construction industry has the most safety accidents among domestic industries. Special care must be taken because disasters in the construction industry lead to social problems caused by huge property losses and casualties. As a result of this, there is a growing awareness of disasters occurring in the construction industry, and government departments are tightening regulations on safety management. In particular, the OSHA(Occupational Safety and Health Agency) focuses on the expansion of protection targets and the clarification of responsibility in the full amendment OSHA. As a result, a study that focuses on safety management by client's responsibility is needed. In this study, the project performance capability assessment of construction project management contractors, which is being carried out with uniform assessment criteria without considering the characteristics of the construction project, is considered and all the amendments to the OSHA are considered, and the factors were derived for improvement measures.

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Appraising the Performance of Construction Projects during Implementation in Kenya, 1963-2018: A Literature Review Perspective

  • Ong'ondo, Cyrus Babu;Gwaya, Abednego Oswald;Masu, Sylvester
    • Journal of Construction Engineering and Project Management
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    • v.9 no.2
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    • pp.1-24
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    • 2019
  • Poor project performance has been noted as the bane in the construction industry globally. This paper sought to investigate, by way of literature, the performance patterns of construction projects in Kenya since independence (1963-2018). This was informed by reports of undesirable project performance in the industry. This descriptive study used available studies previously done in this subject area. In sum, literature is replete with evidence on a myriad of challenges facing the execution of projects. The study established that generally, the project performance is poor and has assumed a chronic trajectory spanning over five decades. On average, the findings reveal that 35-60% of projects initiated in Kenya face cost overruns while time overrun is most severe with 35-73% projects overrunning their schedule. In addition, the findings problematize the issue of plurality of performance measurement regimes in the construction industry. Here, it was observed that no singular construct exists to objectively measure the various facets that constitute the 'health' of a project. This paper has contributed to the body of knowledge by examining the performance patterns in Kenya for over fifty years while at the same time identifying the bottlenecks inherent in projects execution. Importantly, the conceptual performance efficiency framework derived in the current study presents a paradigm shift in the monitoring and evaluation of projects. To this end, an in-depth analysis is recommended on the interaction of efficiency enablers in the buildup of performance efficiency index (PEI). Similarly, a further inquiry is recommended on the integration and impact of the proposed framework in the management of projects.

A Study of the Effect of PMC and Human Resource Competency on Construction Project Performance Outcomes (PMC (Project Management Consultant)와 인적자원역량이 건설프로젝트성과에 미치는 영향에 관한 연구)

  • Lee, Heonchang;Lee, Jeongryun;Ahn, Byeonghoon
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.42 no.5
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    • pp.701-710
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    • 2022
  • This study aims to prove the importance and necessity of a project management consultancy (PMC) that systematically manages construction projects to ensure their successful implementation. In order to analyze the interrelationship between the role of PMC and the outcome of the construction projects, structural equation modelling(SEM) was conducted. Hence, one of the critical aspects when conducting the project, human resource competency, especially referring to the competency of project team members and the project manager's leadership, affects the performance of construction projects. As a result of this study, PMC is found to have significant effects on human resource competency and construction project performance. In addition,human resource competency also had a significant effect on construction project performance. Consequently, the research outcomes suggest that introducing PMC services should be done when implementing large domestic infrastructure projects successfully, as doing so will enhance PM leadership and strengthen the capacity of the project team members.

Quantitative Analysis of Magnitude of Rework by Project Types and Sources of Rework

  • Hwang, Bon-Gang
    • Korean Journal of Construction Engineering and Management
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    • v.7 no.6
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    • pp.202-211
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    • 2006
  • Rework in the construction industry can adversely affect project cost and schedule performance. Based on direct rework costs recorded on 359 construction projects, this paper presents an assessment of the magnitude of rework by various types of projects and sources of rework. The results from this paper establish that on average 4.5% and 2.5% of actual construction costs were spent on rework for owner and contractor projects, respectively. Furthermore, this paper determines that the direct rework costs differ by project types and sources of rework. Finally, it permits the development of rework reduction initiatives. By quantifying and recognizing the different magnitude of rework, the industry can be aware of the waste from rework and develop effective plans for managing rework, ultimately improving project cost performance.

TOTAL RISK INDEX FOR ASSESSING RISK LEVELS OF OVERSEAS CONSTRUCTION PROJECTS

  • Du Yon Kim;Seung Heon Han;Heedae Park
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1414-1418
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    • 2009
  • International construction projects typically manifest difficult, complex, and varied types of risk exposures; because of this, there is a need for accurate evaluation of risk-integrated performances during the timeframe of project execution. Given the financial crisis currently affecting the world economy recession, risk management has become a more crucial part for the success of international project management. However, the majority of risk management approaches, particularly for overseas projects, are focused primarily on simple forms of checklists, formalization of risk variables affecting project performance for a specific phase, or more complicated computational methods that restricting practical utilization in real-world projects; moreover, these methods lack the conceptual basis to broadly visualize the level of risk over all phases of a project. This study suggests an efficient, yet simple risk-integrated total index to successfully assess the risk levels of overseas construction projects. To this end, this paper first investigates the life cycles and key processes of decision-making for a given project and then derives formulas to represent the total risk index (TRI) along the key decision-making processes. In addition, the study examines the relationships between TRI and performance levels based on the analysis of 126 real-world project samples. Validations using the proposed TRI showed a high correlation to project performance, signifying the usefulness of the proposed approach for construction firms when investigating the level of risks and key areas for management focus.

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Analysis of the Impact of Enterprise Risk Management (ERM) on the Project Success through PRM Process: Focused on the Overseas Construction Projects (전사적 리스크 관리(ERM)가 프로젝트 리스크 관리(PRM) 향상을 통해 프로젝트 성과에 미치는 영향 분석: 해외 건설사업을 중심으로)

  • Sullim Jung;Seung-Chul Kim;Dae-Cheol Kim
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.47 no.2
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    • pp.93-106
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    • 2024
  • As the complexity and uncertainty of international construction projects increase, the importance of risk management capabilities in the construction industry has become more pronounced. Accordingly, Enterprise Risk Management (ERM) has become a widely adopted approach among organizations as a new way for more effective risk management. Despite its growing application, research related to ERM is still in its infancy, and most of the existing studies have been limited to financial industries. Therefore, this study aims to empirically examine the influence of ERM's core elements on project risk management (PRM) and project performance within construction firms. Our findings indicate that the key ERM components-organization, policy, and culture-significantly enhance PRM processes, underscoring their critical role and importance. Additionally, effective PRM positively affects project outcomes, highlighting its significance for construction companies engaged in international projects. While ERM does not directly impact project performance, it indirectly improves outcomes through enhanced PRM capabilities. It suggests that ERM will contribute to the firm's performance by improving the firm's PRM capability through policies and a risk-focused culture corresponding to the adopted ERM organization and system..

MANAGEMENT THINKING BEHIND PERFORMANCE MEASURES

  • Yong-Woo Kim ;Glenn Ballard
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.377-382
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    • 2005
  • The tools, methods and measures used for project control reflect underlying theories of management. Management theory has been neglected in the construction industry, which has rather focused on tools and neglected theory. This paper contributes to the theory of project management by introducing and developing two fundamental and competing conceptualizations of management: MBM (Managing-by-Means) and MBR (Managing-by-results). Current project control and performance measurement practice is based on MBR. However, project control based on MBR may not be appropriate for managing dynamic projects. The paper present the Last PlannerTM System (LPS) and Process Variance Control (PVC) as examples of methods reflecting the MBM view. It is argued first that the MBM view is appropriate for managing uncertain, complex and quick projects. The paper also explores how MBR tools and techniques may be appropriately used within an MBM framework.

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Dynamic Modeling of Building Services Projects: A Simulation Model for Real-Life Hospital Project

  • Abhishek, V.;Jagadeesh, P.
    • Journal of Construction Engineering and Project Management
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    • v.3 no.3
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    • pp.35-41
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    • 2013
  • All infrastructure projects are said to be inter-dependent, uncertain and labour-intensive in nature. There is no exception for building services sub sector. For a real time project such as 'The construction, extension and refurbishment of Employees' State Insurance Corporation (ESIC) Hospital at Tirupathy, India with total area of 45,000 square feet at an estimated cost of 1100 million rupees, a generic process model is developed to simulate the effect of set of identified variables on construction project. The 'Stocks and Flows' of dynamic model affords relevant insights to project managers, who apply this knowledge when designing better performance through more appropriate project planning. It is concluded from the model-based approach that building services works can be improved through specific better focussed managerial efforts, such as an increasing coordination effectiveness at the planning stage, clarifying prerequisite conditions prior to installations. Otherwise, pending works arising from work clashes can lead to knock-on effects resulting in productivity constraints and pressures, as well as more rework and demolition. Current study reveals that the model enables deep insight into various interdependent processes, their by improving construction performance levels, by addressing the dynamics of design errors and defective works, and recovering delayed schedule.