• Title/Summary/Keyword: KPI(Key Performance Indicator)

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Key Performance Indicators for Project Management Performance of Large Contractors in Developing Countries: A Case Study in Vietnam

  • Soo-Yong Kim;Troung-Van Luu
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1599-1607
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    • 2009
  • In order to deal with severe competition in the construction market of developing countries, large contractors must continually improve their own performance and operation. Performance measurement is the heart of ceaseless improvement in organizations. Key performance indicators (KPIs) play a key role in measuring project management performance (PMP) of large contractors in developing countries. The main objective of this paper is to identify KPIs, which can be used to measure PMP of contractors, and then analyze the underlying relationships of these KPIs in order to gain insight into PMP of large construction firms in Vietnam construction industry (VCI). Literature reviews and the pilot survey provided 30 KPIs. Fourteen KPIs, which have the mean values higher than 3.0, were considered as important KPIs through a questionnaire survey of 32 professionals. Factor analysis of these KPIs was employed to categorize them. The results of the survey revealed that top six KPIs are construction time and cost, owner satisfaction on services and products, and quality management and project team performance. Factor analysis uncovered that 14 top-ranked KPIs can be grouped under six categories, namely: (1) construction input management, (2) owner satisfaction, (3) cost and quality, (4) manpower management, (5) subcontractor performance and (6) equipment management. The findings of this research can be used as a guideline to measure PMP of contractors in Vietnam as well as in other developing countries. Since contractors from a country to the other country may have the same manner to manage construction projects, the results of this study may be useful not only to practitioners and researchers in Vietnam but also to participants in other developing countries.

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MES system based on real-time process capability management

  • Han, Jin-Su
    • Journal of the Korea Society of Computer and Information
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    • v.25 no.11
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    • pp.115-122
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    • 2020
  • In this paper, we propose an MES system based on real-time process capability management and how to manage the manufacturing process using the system. The current MES system presents a KPI report that makes it easy to recognize the manufacturing site, but has not been able to derive an improvement method to improve the actual manufacturing site KPI. In other words, it is difficult to extract the cause of the increase in defective rate, decrease in yield, and increase in production lead-time, and to draw an improvement plan and apply it to the manufacturing site. The purpose of the MES system based on real-time process capability management proposed in this paper is to establish an manufacturing operation management system that overcomes the limitations of the existing MES by managing the distribution of major factors of the equipment that determines the process capability. In addition, by presenting a speed improvement method for real-time large-capacity data processing, it is intended to be applied so that the system can operate well.

A Study on the Quantitative Prediction Model for Setting the Target Value of Service Availability for a LRT Line (경전철 노선의 서비스가용도 목표값 설정을 위한 정량적 예측모델에 관한 연구)

  • Lee, Chang-Hyung;Lee, Jong-Woo
    • Journal of the Korean Society for Railway
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    • v.15 no.3
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    • pp.278-285
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    • 2012
  • The Service Availability (SA) in the viewpoint of passenger is used as the key performance indicator (KPI) of quality of service in Light Rail Transit (LRT) Public-Private Partnerships projects. But there are many disputes on the target value of SA because of the lack of experience in SA. The target value of SA should be set at an early stage of the project to be specified on the system specifications and operation plan. Therefore, this paper developed the quantitative prediction model of SA to set the reasonably achievable target value of SA at an early stage of the LRT project. Also this paper analyzed the relationship and differentiation of SA and Train Punctuality (TP) that is mostly compared with SA.

A Study on Current Energy Consumption and Recycling at Public Wastewater Treatment Plants in Korea (국내 공공하수도 시설의 에너지 사용 및 자원화실태 조사연구)

  • Park, Seungho;Kim, Byongjoo;Bae, Jae-Ho;Lee, Cheol Mo;Kim, Eung-Ho
    • Journal of Korean Society of Water and Wastewater
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    • v.21 no.5
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    • pp.539-549
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    • 2007
  • To establish effective and prompt measures for energy conservation in public wastewater treatment plants in Korea, energy consumption rates in 233 utilities in 9 provinces and 7 metropolitan cities are investigated and compared to the rest of the world. Mean load factor for wastewater treatment utilities is 74.9% and those for influent pumps and aeration blowers are 56.2% and 61.0%, respectively. Mean electrical energy usages as the key performance indicators are $0.243kWh/m^3$ for overall sewage treatments and 2.07 kWh per unit kg BOD removal. Digester gas as one of major byproducts in the process amounts to $382,000m^3/day$ nationwide. While major part of the digester gas is used for sludge heating, only 7.3% of the gas is utilized for electricity generation. Both efficiencies for BOD removal and digestion gas generation are considerably lower than those in USA and EU utilities due to low concentration of organic material in influent wastewater. Such low energy regeneration, in turn, results in significantly higher energy consumption in Korean plants, compared to that in USA and EU ones.

Design of KPI on Individual Performance Measurement System (개별성과측정시스템의 주요성과지표 설계 연구)

  • Hong, Hyun-Gi;Oh, Sang-Young
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.9 no.3
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    • pp.815-821
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    • 2008
  • Performance of corporation results from operation of tangible and intangible assets. Thus, measuring performance need to be taken place in terms of tangible and intangible aspects. However, the research objects, in the measurement of performance, do not guarantee researchers to achieve quantitative results and it is difficult to have objectivity. There are also many different points between a big enterprise and a small-medium size company. These facts require new measurement methods. This study suggests aspects of measurement method as task, attitude, ability and qualification for small-medium size companies. Specially, this study suggest individual measurement method than organizational one. The research system consists of users, team leaders and staffs charge of BSC and the users can access BSC sewer to input, to evaluate and to prove data through their own accounts.

A research of extracting B2B website evaluation factors and development for standard evaluation measurement (B2B 웹사이트 평가요인 추출과 평가측정 지표 개발에 관한 연구)

  • Jung, Jin-Yong;Hwang, Chong-Sun
    • Proceedings of the Korea Information Processing Society Conference
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    • 2005.05a
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    • pp.491-494
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    • 2005
  • 기업의 웹사이트는 기업의 환경 변화를 주도하는 관문으로서의 역할을 하고 있다. 그러나 현재 기업의 웹사이트 평가지표에 대한 연구는 진행되지 않고 연구의 대부분이 웹사이트의 외형적인 측면들을 평가하고 있다. 특히 e-Biz 측면에서 전자상거래 주체인 B2B(Business to Business) 웹사이트에 대한 연구는 거의 이루어 지지 않고 있어, 기업 관점의 웹사이트 평가와 B2B 웹사이트에 대한 평가지표 연구가 필요하다. 본 연구는 평가지표 KPI(Key Performance Indicator)를 도출하고, AHP(Analytic Hierarchy Process) 기법으로 웹사이트 평가 연구를 통하여 평가지표를 추출한 후 B2B에 적용함으로써 각 지표들의 중요도 및 가중치의 차이를 살펴본다. 이를 통해 기업과 기업간에 전자상거래 규모의 확대에 따른 의사결정과 B2B 웹사이트를 보다 쉽게 설계 할 수 있는 명확한 기준을 제시하였다.

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A Study on Developing A Web-based Evaluation System of Information & BPR in Small and Medium Enterprises : WESBI (웹기반 중소기업 경영혁신 및 정보화 수준 진단 시스템[WESBI] 개발 및 활용)

  • Kim, Jin-Su;Lim, Se-Heon;Lee, Sang-Heon
    • Journal of Digital Convergence
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    • v.2 no.1
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    • pp.127-143
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    • 2004
  • Small and Medium Enterprises(SME's) Informatization is the essential element for the competitive advantage. But SME's lack of IS specialist, Informatization Mind, IS implementation's funds etc. This study suggest Framework and Key Performance Indicator(KPI) which is will be able to diagnose a BPR & Information system of SME's Informatization and developed A Web-based Evaluation System for BPR & Information Systemsn(WESBI). WESBI help efficiently SME's Informatization implementation and WESBI' data which is accumulated provide guideline in the policy development a SME's Informatization.

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A Study on Voluntarily Participative Field Research Circle and Total Production Management(TPM) Innovation Activities of Foreign Enterprise in China (중국 진출 기업의 학습조직 현장개선 자주연구회 운영과 전사적 생산경영혁신(TPM) 활동 연구)

  • Yoo, Sung-Hee;Lee, Chang-Ho
    • Journal of the Korea Safety Management & Science
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    • v.12 no.3
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    • pp.223-230
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    • 2010
  • Recently Korean enterprises that branch out into China have been continuously increased to achieve diverse objectives such as personnel expenses reduction, market share extension on China and globalization strategy implementation. We have studied about competitiveness reinforcement of enterprises that branch out into China in terms of TPM(Total Production Management). In this paper, we extended the concept of traditional TPM(Total Productive Maintenance) to TPM(Total Production Management) that covers extensively the concept of total management innovation activities. We explored detailed activities of TPM and voluntarily participative field research circle. Also, We suggested some prerequisite conditions for TPM settlement that might be recommended for the foreign companies in China and checked Key Performance Indicator(KPI) that could be useful to confirm how TPM contributed to enterprise competitiveness reinforcement.

Factor Analysis on the Performance of Hospital Customer Relationship Management (HCRM) System (병원고객관계관리시스템의 성과요인 분석)

  • Chun, Je-Ran
    • Journal of the Korea Convergence Society
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    • v.12 no.5
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    • pp.79-84
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    • 2021
  • The objective of this paper is to find out the factors for the performance of the Hospital Customer Relationship Management (HCRM) system. Furthermore, the relationships between these factors have been analyzed. In order to analyze the performance of the HCRM system, factor analysis with several Key Performance Indicators (KPIs) was conducted. And also multiple regression analysis and Chi-square test were executed. In this study, several hypotheses were derived to analyze the relationships between factors of performance of HCRM system. These hypotheses were tested by using the Structural Equation Model (SEM). As the result of this study, we discovered the HCRM-Infrastructure has positive effects on the HCRM-Performance. And the HCRM-Performance has also positive influences on the hospital management performance. On the basis of the research result, we proposed some suggestions and guidelines for the successful implementation and improvement of HCRM system.

A Case Study on BSC System Implementation of Korea Minting & Security Printing Corporation (한국조폐공사 BSC 시스템 구축 사례)

  • Lee, Choong-Seop
    • Information Systems Review
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    • v.9 no.1
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    • pp.191-214
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    • 2007
  • This study analyzes the process of establishing BSC based strategic performance evaluation system of KOMSCO. This case could be a reference to other public institutes for BSC introduction and efficient BSC usage. Internal control system of KOMSCO has been improved by EVA system in 1999, BSC introduction and Job analysis in 2001 through 2002, and BSC performance evaluation system in 2004. KOMSCO tries to reflect BSC concept by inducing employees to cooperate selection process of CSF and KPI and by considering the organizational characteristics of KOMSCO in constructing it's performance indices. It is suggested that these processes are very important and should be followed by other institutes in their BSC introduction. By applying BSC, KOMSCO provides improvement in employees' understanding of strategy, performance management, and performance evaluation. KOMSCO' information system based on ERP and efficiently connected to EIS, KMS, and BSC seems to play an important role of BSC application. BSC system of KOMSCO is now in the early stage of application and needs to be evaluated by the efficiency of usage in terms of overall performance evaluation system, deduction system of evaluation point for excess accomplishment over target, and connection to budget system.