• Title/Summary/Keyword: Project Complexity

Search Result 280, Processing Time 0.027 seconds

Managing Mega-Project Complexity in Five Dimensions

  • Gransberg, Douglas D.;Jeong, H. David
    • International conference on construction engineering and project management
    • /
    • 2015.10a
    • /
    • pp.6-9
    • /
    • 2015
  • Traditional project management theory is based on a three-dimensional life cycle approach where the project managerseeks to optimize the dimensions of cost-schedule-technical (quality or design). This paper reports the findings of a case study analysis of two complex mega-projects in Michigan which confirm the findings of previous research and illustrates the use of a framework for five-dimensional project management (5DPM) that is for conceptualizing a complex project's scope of work. The framework elevates the recognition that the project's social/political context and the financial arrangements create complexity adding two new dimensions. This paper also demonstrates a methodology to graphically display a project's complexity to better understand and prioritize the available resources. The result is a "complexity footprint" that may help a complex project manager identify the boundary between controllable and uncontrollable projects impacts. The paper finds that applying 5DPM to the two case study projects has given the project delivery team a tool which is actually adding value to the complex project management process.

  • PDF

A Study on the Contingency Model for S/W Development Project Management (S/W 개발 프로젝트 관리를 위한 상황 모형 연구)

  • Hong Myung-Hon;Kim Jeong-Gon;Kim Shin-Kon
    • Journal of Information Technology Applications and Management
    • /
    • v.13 no.2
    • /
    • pp.145-162
    • /
    • 2006
  • Despite the careful attention paid by managers and researchers to the effective administration of the S/W Development Project, there are cases where the project goes over-budget or misses deadlines. Existing research blames these problems on task complexity or mismanagement. In order to verify the results that varied according to the fitness between the Task Characteristics and the Project Management Types, a contingency model was employed. The verification of the contingency model demonstrated that the greater the task complexity, the greater the effectiveness of the project coordination, and the lesser the task complexity, the greater the effectiveness of project control. This research is theoretically important in that it develops a composite model to verify the relation between the three factors of Task Characteristics, Project Management Types, and Project Performance that compose the S/W Development Project.

  • PDF

PROJECT COMPLEXITY AS A MODERATOR OF PERFORMANCE BIAS TOWARDS OVERRUN

  • Li liu;Andrew Nguyen;James Arvanitakis
    • International conference on construction engineering and project management
    • /
    • 2011.02a
    • /
    • pp.38-45
    • /
    • 2011
  • Studies have shown that infrastructure projects have continued to experience significant delays and cost overrun over an extended period of time and no evidence of learning ever have happened [1] [2]. Various causes contribute to the bias towards overrun [3]. This study contributes to literature by developing and subsequently validating a set of hypothesized relationships between project complexity and project performance. The results show that project complexity is associated with both the magnitude and variance of overrun. Further, the extent and magnitude of the positive bias towards overrun are moderated by project complexity.

  • PDF

An Interindustry Analysis Considering Complexity of Space Exploration Project (우주개발사업의 복합성을 고려한 산업연관분석)

  • Lee, Eui-Kyung;Hur, Hee-Young
    • Journal of the Korean Society for Aeronautical & Space Sciences
    • /
    • v.42 no.9
    • /
    • pp.739-744
    • /
    • 2014
  • Space exploration project usually consists of so many fields of sub projects that it has a diverse ripple effect throughout the economy. Further studies could not consider the complexity of the space exploration project because they regarded it as one project in spite of the diversity. This study found a way to consider complexity of space exploration project using the concept of WAC(weighted average coefficient). The moon exploration project (2014~2020) is the subject of this study. We classified the moon exploration project into 8 industries and calculated the WAC of production inducement coefficient, value added inducement coefficient, and employment inducement coefficient. The result of analysis using these WACs is that production inducement effect amounts to 1,229.6 billion won, value added inducement effect 324.6 billion won, employment inducement effect 4,844 men. And the linkage effect analysis shows that moon exploration project has more backward linkage effect than forward linkage effect.

Project Management : Simplifying or Exacerbating (프로젝트를 위한 프로젝트 관리의 역할)

  • Qureshi, Sheheryar Mohsin;Kang, Chang Wook
    • Journal of Korean Society of Industrial and Systems Engineering
    • /
    • v.37 no.2
    • /
    • pp.9-18
    • /
    • 2014
  • The purpose of this research is to initiate discussion to simplify existing tools and methods for managing projects which make project management a harder job to perform and a tougher task to handle. Additionally, summarizing the definitions of "project" that have been found from reviewing the relevant literature, it deliberates on revising the duties and responsibilities of project manager and proposes performance expectancy triangle explaining a relationship among accountability, responsibility and authority - the Tri-butes. It sheds light on several factors critical to the success of projects. Finally, we propose a function indicating that customer demands or desires greatly affect project complexity.

Quantifying Risk Factors on Cost Performance By Characterizing Capital Facility Projects

  • Jang, Myung-Hoon;Cha, Hee-Sung
    • Korean Journal of Construction Engineering and Management
    • /
    • v.7 no.4 s.32
    • /
    • pp.177-183
    • /
    • 2006
  • Risk-based estimation has been successfully introduced into the construction industry. By incorporating historical data associated with probability analysis, risk-based estimate is an effective decision support aid in considering whether to launch a particular project. The industry challenges, however, especially related with management issues, such as labor shortage, wage growth, and supply chain complexity, have often resulted in poor cost performance. The insufficient assessing the project characteristics (i.e., resource availability, project complexity, and project delivery method) can be the main reasons in the poor cost performance. Because the accuracy level of cost performance prediction can be enhanced by extensive evaluation of the subject project characteristics, a new approach for predicting cost performance in an earlier stage of a project can improve the Industry substantiality, in other words, value maximization. The purpose of this paper is to develop a new methodology in developing a risk-based estimate tool by incorporating extensive project characteristics. To do this, an extensive industry survey was conducted from both private and public sectors in building industry in Korea. In addition, significant project characteristics were identified in terms of cost performance indicator. Although the data collection is limited to Korean industry the suggested approach provides the industry with a straightforward methodology in risk management. As many researchers maintained that front-end planning efforts are crucial in achieving the successful outcome in building projects, the new method for risk-based estimation can Improve the cost performance as well as enhance the fulfillment in terms of business sustainability.

Strategic Issues in Managing Complexity in NPD Projects (신제품개발 과정의 복잡성에 대한 주요 연구과제)

  • Kim, Jongbae
    • Asia Marketing Journal
    • /
    • v.7 no.3
    • /
    • pp.53-76
    • /
    • 2005
  • With rapid technological and market change, new product development (NPD) complexity is a significant issue that organizations continually face in their development projects. There are numerous factors, which cause development projects to become increasingly costly & complex. A product is more likely to be successfully developed and marketed when the complexity inherent in NPD projects is clearly understood and carefully managed. Based upon the previous studies, this study examines the nature and importance of complexity in developing new products and then identifies several issues in managing complexity. Issues considered include: definition of complexity : consequences of complexity; and methods for managing complexity in NPD projects. To achieve high performance in managing complexity in development projects, these issues need to be addressed, for example: A. Complexity inherent in NPD projects is multi-faceted and multidimensional. What factors need to be considered in defining and/or measuring complexity in a development project? For example, is it sufficient if complexity is defined only from a technological perspective, or is it more desirable to consider the entire array of complexity sources which NPD teams with different functions (e.g., marketing, R&D, manufacturing, etc.) face in the development process? Moreover, is it sufficient if complexity is measured only once during a development project, or is it more effective and useful to trace complexity changes over the entire development life cycle? B. Complexity inherent in a project can have negative as well as positive influences on NPD performance. Thus, which complexity impacts are usually considered negative and which are positive? Project complexity also can affect the entire organization. Any complexity could be better assessed in broader and longer perspective. What are some ways in which the long-term impact of complexity on an organization can be assessed and managed? C. Based upon previous studies, several approaches for managing complexity are derived. What are the weaknesses & strengths of each approach? Is there a desirable hierarchy or order among these approaches when more than one approach is used? Are there differences in the outcomes according to industry and product types (incremental or radical)? Answers to these and other questions can help organizations effectively manage the complexity inherent in most development projects. Complexity is worthy of additional attention from researchers and practitioners alike. Large-scale empirical investigations, jointly conducted by researchers and practitioners, will help gain useful insights into understanding and managing complexity. Those organizations that can accurately identify, assess, and manage the complexity inherent in projects are likely to gain important competitive advantages.

  • PDF

A Term-based Language for Resource-Constrained Project Scheduling and its Complexity Analysis

  • Kutzner, Arne;Kim, Pok-Son
    • International Journal of Fuzzy Logic and Intelligent Systems
    • /
    • v.12 no.1
    • /
    • pp.20-28
    • /
    • 2012
  • We define a language $\mathcal{RS}$, a subclass of the scheduling language $\mathcal{RS}V$ (resource constrained project scheduling with variant processes). $\mathcal{RS}$ involves the determination of the starting times for ground activities of a project satisfying precedence and resource constraints, in order to minimize the total project duration. In $\mathcal{RS}$ ground activities and two structural symbols (operators) 'seq' and 'pll' are used to construct activity-terms representing scheduling problems. We consider three different variants for formalizing the $\mathcal{RS}$-scheduling problem, the optimizing variant, the number variant and the decision variant. Using the decision variant we show that the problem $\mathcal{RS}$ is $\mathcal{NP}$-complete. Further we show that the optimizing variant (or number variant) of the $\mathcal{RS}$-problem is computable in polynomial time iff the decision variant is computable in polynomial time.

Project Experience and its Impact on Project Performance (프로젝트 경험이 프로젝트 성과에 미치는 영향)

  • Yu, Gun Jea
    • The Journal of the Korea Contents Association
    • /
    • v.14 no.8
    • /
    • pp.365-373
    • /
    • 2014
  • The assignment of exploration on individuals provides challenging work environments, while it generates high levels of complexity. On the other hand, the assignment of exploitation on individuals offers less challenging work environments, while it makes low levels of complexity. Give the characteristics of exploration and exploitation, I argue that the assignments of both exploration and exploitation create the favorable work environments to individuals. Developed hypotheses were tested using a logit regression from a sample of 168 project managers in a R&D center. I found that a manager who experienced exploitation project(s) is positively related to higher performance in exploitation project(s). In addition, a manager who experienced both exploitation and exploration projects are found to be positively associated with higher project performance.

Case study of the large switching software metrics and their fault analysis (대형 교환 소프트웨어의 복잡성과 고장분석 사례 연구)

  • 이재기;남상식;김창봉;이규대
    • The Journal of Korean Institute of Communications and Information Sciences
    • /
    • v.27 no.10C
    • /
    • pp.887-901
    • /
    • 2002
  • Software management model divided into the software project model and design estimation model, software matrices model, reliability growth model, process improvement model(or process maturity model) etc. Among these software management models, software complexity model make an estimated of the product software. For a practice of software managed, need to guideline of the static analysis of software. Especially, Software complexity model introduced for the estimation of software quantity and program complexity. In case of measurement the software matrices, its need for us to analysis of software quality and products. On the other hand, we known that complexity program include many defects and consuming of source cost. So, we apply to complexity model using of the program complexity, control structure and volume matrices, interface metrics, process complexity metrics method. In this paper, we represent that the analysis of fault data detected during the system test. Also, we analysis of program control structure and interface, volume matrices in various aspect of switching software. Others, their results utilized similar of project and system development.