• Title/Summary/Keyword: Efficient management project

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Statistical Approach for the Prediction of Improper Businessman in Defense Procurement

  • Han, Hongkyu;Choi, Seokcheol
    • Journal of the Korean Society of Systems Engineering
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    • v.7 no.2
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    • pp.21-30
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    • 2011
  • The contractor management for the effective defense project is essential factor in the modern defense acquisition project. The occurrence of Improper Businessman causes the reason in which defense acquisition project is unable to be reasonably fulfilled and setback to the deployment of defense weapon system. In this paper, we develop a prediction model for the effective defense project by using the Discriminant Analysis, the Logistic Regression & Artificial Neural Network and analyse the core variables that determine the Improper Businessman in many variables. It is expected that our model can be used to improve the project management capability of defense acquisition and contribute to the establishment of efficient procurement procedure through entry of the reliable domestic manufacturer.

Requirement Analysis for Development of EVMS in Nuclear Power Plant (원전건설 성과관리시스템(EVMS) 개발을 위한 요건 분석)

  • Won, Seo-Kyung;Park, Weon-Seob;Chong, Young-Whan;Kim, Jae-Yong;Kim, Yun-Myung
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2013.05a
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    • pp.271-272
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    • 2013
  • The Korean nuclear industry acquired technology for each construction stage including engineering, procurement, construction and commissioning from advanced nuclear countries. While the levels of technology and quality have greatly improved, the same cannot be said for the level of project management. In particular, the level of project performance measurement and forecasting project risk still remain at the single project management level. Thus, this paper reviewed the concept of the EVMS method and requirement for the system. The adoption of the EVMS, an advanced project management method, can enable efficient management of project risks and promote an adequate environment for project implementation.

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Development of BIM-based CPLM System for Civil Project Management (토목 프로젝트 관리를 위한 BIM 기반 CPLM 시스템 개발)

  • Lee, Kwang-Myong;Lee, Chang-Woo;Han, Song-Yi;Kang, Hyoung-Seok;Noh, Sang-Do
    • Journal of KIBIM
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    • v.1 no.2
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    • pp.24-29
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    • 2011
  • BIM technology, based on 3D model of civil engineering structures, creates and manages information of the structures throughout four stages: Planning, design, construction, and maintenance. BIM is now used around the globe for improvement of the construction productivity. However, in order to expect the efficient engineering work, collaboration system between participants in a construction project is necessary. Therefore, in this paper BIM based CPLM (Construction project lifecycle management) system was designed and developed by analyzing the requirements of participants of a construction project. CPLM system offers an environment which enables the sharing and management of information according to the each stage of construction. CPLM is expected to aid cooperative decision-making during the overall construction process through the process innovation and the efficient data management.

A Study on Earned Value Management System (EVMS) For Project Using ERP System (ERP 시스템을 이용한 프로젝트 EVMS에 관한 연구)

  • Park, Je-Won;Lee, Chang-Ho
    • Journal of the Korea Safety Management & Science
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    • v.12 no.4
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    • pp.145-151
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    • 2010
  • It seems that a primary concern of the project-based company, which provides a large scale product or service over long term period, is to run a successful project through systematic project process control and control costs. One of the typical project control methods is Earned Value Management System(EVMS) which analyses the precess through performance measurement. Even though the EVMS is a highly efficient tool in the managerial aspect, it cannot easily determine the Planned Value(PV), Actual Cost(AC), or Earned Value(EV) due to the indistinct criteria and extensive data. The accurate calculation of AC in particular, is the basic of project management, but most companies record direct personnel expenses or direct expenses only. Since they calculate indirect expenses based on the estimated ratio, it limits the systematic project management that reflects changes in profit and loss of a company. This study introduces a EVMS for project management and its actual case based on EVMS and ERP system which some additional modules are installed for performance measurement. It is expected that this new method enables a company to save time and effort, and also to improve transparency by specifying expense items in detail and to switch quarterly settlement to monthly by reducing the time of calculation.

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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Optimizing Construction Alternatives for Scheduling Repetitive Units

  • Park, Sang-Min;Lee, Dong-Eun
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.158-160
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    • 2015
  • Efficient scheduling and resource management are the key factor to reduce construction project budget (e.g., labor cost, equipment cost, material cost, etc.). Resource-based line of balance (LOB) technique has been used to complement the limitations of existing time-driven scheduling techniques (e.g., critical-path method). Optimizing construction alternatives contributes to cost savings while honoring the project deadline. However, existing LOB scheduling is lack of identifying optimal resource combination. This study presents a method which identifies the optimal construction alternatives, hence achieving resource minimization in a repetitive construction by using genetic algorithm (GA). The method provides efficient planning tool that enhances the usability of the system.

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Implementation of Customized EPM for Collaborative Resource Procurement in Small and Medium Size Plant Construction Enterprises (중소플랜트기업의 협업자원조달을 위한 Customized EPM구현)

  • Nam, Jung-Tai;Kim, Sung-Hun;Han, Young-Geun
    • Journal of the Korea Safety Management & Science
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    • v.10 no.2
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    • pp.133-141
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    • 2008
  • The need for total enterprise management that covers from accepting orders, design, cost, procurement, manufacture, and delivery has been recently raised in order for efficient project management of small and medium size plant construction enterprises. This trend is reflected in the introduction of EPM(Enterprise Project Management) solutions by some shipbuilding enterprises and large construction corporations. In step with the trend, small and medium size plant construction enterprises are enabled to provide knowledge base in terms of reducing cost and production period and managing portfolio for accepting orders and attaining contract by inducing customized EPM This study presents a design of customized EPM based on a case study of a company. It exhibits a collaborative/collaboration resource-supply model which can be universally applied to small and medium size job-order production enterprises. The research discusses that under the assumption that information is shared internally between departments on planning, supply, manufacture, and quality control in order to create collaborative environment and close participation is created externally between suppliers and orderers, productivity can be improved in cost reduction through planning efficient collaborative supply model.

A Study on Integration of Schedule Management and Risk Management (공정관리와 리스크관리의 통합을 위한 기초연구)

  • Jang, Myung-Houn;Youn, You-Sang;Suh, Sang-Wook
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2006.11a
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    • pp.105-110
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    • 2006
  • It is more effective and more efficient to manage schedule and risk at a same time because many risks occur in construction phase in building construction projects. The objective of this paper is to propose a tool that manages risks in a project management software. The tool is implemented by VBA in Microsoft Project, and enables field managers of a construction project to make schedules and to help to predict risks.

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Influencing Factors on the Acceptance of Blockchain Technology in Capturing and Sharing Project Knowledge: A Grounded Theory Study

  • Bardesy, Waseem S.;Alsereihy, Hassan A.
    • International Journal of Computer Science & Network Security
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    • v.22 no.10
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    • pp.262-270
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    • 2022
  • In the past two decades, there has been an increasing interest in project knowledge management, as knowledge is a crucial resource for project management success. Knowledge capture and sharing are two effective project management practices. Capturing and sharing project knowledge has become more efficient due to technological advances. Nevertheless, present technologies face several technical, functional, and usage obstacles and constraints. Thus, Blockchain technology might provide promising answers, yet, there is still a dearth of understanding regarding the technology's proper and practical application. Consequently, the goal of this study was to fill the gap in the literature about the adoption of Blockchain technology and to investigate the project stakeholders' acceptance and willingness to utilize the technology for capturing and sharing project knowledge. Due to this inquiry's exploratory and inductive characteristics, qualitative research methodology was used, namely the Grounded Theory research approach. Accordingly, eighteen in-depth, semi-structured interviews were conducted to collect the data. Concurrent data collection and analysis were undertaken, with findings emerging after three coding steps. Four influencing factors and one moderating factor were identified as affecting users' acceptance of Blockchain technology for capturing and sharing project knowledge. Consequently, the results of the study aimed to fill a gap in the existing literature by undertaking a comprehensive analysis of the unrealized potential of Blockchain technology to improve knowledge capture and sharing in the project management environment.

A Study on Construction of Management System for Efficient Management and Application of Regional Development Project (지역개발사업의 효율적 관리 및 활용을 위한 관리체계 구축에 관한 연구)

  • Kim, Nam-Jung
    • Land and Housing Review
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    • v.7 no.1
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    • pp.1-8
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    • 2016
  • This research has its objective in searching for a management plan that is stronger than existing plan for the regional development project in time for the execution of "Regulations on Regional Development and Support". Accordingly, the following plans for improvement are suggested to make improvements in lack of regional development projects management awareness; absence of integrated management system; and lack of reliability in project management information. Firstly, the management of regional development project needs to be operated as a system for project evaluation management based on related legislations. Secondly, various information of regional development project should construct a database, which becomes an information system that can be utilized by the central government and regional governing organizations. Third, to promote efficiency in regional development project management and expertise, it is necessary to prepare a project management system utilizing professional outsourcing organizations and such. Lastly, it is necessary to improve the work environment to enhance the expertise and the responsibilities of those government officials in charge of the project.