• Title/Summary/Keyword: Project Factor

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A Study on Critical Success Factors for 6 Sigma Project in Construction Site using Factor Analysis (요인분석법을 이용한 건설시공 현장에서의 6시그마 개선활동 성공요인에 관한 연구)

  • Kim, Chae-Soo
    • Journal of Korean Society of Water and Wastewater
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    • v.28 no.1
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    • pp.125-134
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    • 2014
  • 6 sigma is a management innovation strategy which improves most of all managerial processes including transactional and project based operations such as marketing, purchasing, accounting, and construction. Even though 6 sigma is trying to solve problems from the customer's viewpoint in the scientific manner, project leader feels some difficulties in implementation because of several reasons. Especially the difficulties are prevalent in construction site. This paper investigates the cause of the difficulties through questionnaires, analyzes the investigation results, and verifies the critical success factors of 6 sigma implementation. Factor analysis has been usually employed in reducing quantity of data and summarizing information chaos. In this study, several variables from questionnaires are grouped into just only four factors by the process of factor analysis. The critical success factors are extracted as project management system, implementation mechanism, site condition, and project ownership. Some ideas for each individual success factor are suggested, which are expected to be useful in successful implementation of 6 Sigma in construction site.

Quantity Surveyors' Perception of Cost Impact Factors in Hong Kong Civil Engineering Projects

  • Chiu, Wai Yee Betty;Lau, Hat Lan Ellen
    • Journal of Construction Engineering and Project Management
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    • v.5 no.3
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    • pp.1-9
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    • 2015
  • Project cost is an important concern in any construction project. Although there has been a lot of studies on factors affecting the cost of construction projects, there seems no consensus as what cost factors have direct influence on the cost of civil engineering projects. This study therefore aims to bridge the current knowledge gap by examining quantity surveyors' perception of the factor structure among nineteen costing attributes identified based on literature review. Questionnaire was used to elicit responses from quantity surveyors working in the Hong Kong construction industry. Principal component analysis is conducted to extract the factor structure of the cost attributes and the attributes are grouped into three factor components, namely the contract management factor, the project management factor and the monetary value factor. Understanding these cost impact factors could be crucial in managing civil engineering projects, since it allows the project stakeholders and quantity surveyors to take precautionary steps to identify the cost management problems and areas for improvement and could even help to avoid cost deviations in engineering projects.

A Priority Analysis on Influential Factors for Invigorating Project Management Office (PMO) in Public Sectors based on Analytic Hierarchy Process (AHP) (계층분석과정을 이용한 공공분야 PMO 제도 활성화요인 우선순위 분석)

  • Back, Hyungchung;Kang, Pilsung
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.37 no.4
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    • pp.42-53
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    • 2014
  • This study identifies influential factors for invigorating the public management office (PMO) system for system integration (SI) projects in public sectors and analyzes the priority of each factor from the point of different stakeholders, i.e., owners, SI company, and PMO. Based on the literature review, four first-level influential factors are identified: legal system maintenance, owner's capability, SI company's capability, and PMO's capability. Among them, the PMO's capability is determined as the most critical factor by all the stakeholders. Among the second-level influential factors, the capabilities of professional engineers and project managers are considered as important among the PMO's capability, whereas the reasonable consulting fee is considered as the most critical factor among the legal system maintenance. With respect to each stakeholder, project management capability is considered as the most important factor for owners, while the reasonable consulting fee is considered as the most important factor for PMO.

A Study on the Disturbing Factors in University's Hospital Reengineering Project (한 대학병원 종사자들이 인지하는 병원경영혁신의 장애 요인)

  • Nam, Eun-Woo;Van, Myeong-Kyu
    • Korea Journal of Hospital Management
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    • v.1 no.1
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    • pp.136-153
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    • 1996
  • The purpose of this study is to identify the factors hindering hospital reengineering project in one university hospital. The data was collected by the self-administered Questionnaire to 288 members of the hospital in Pusan on April 5-18, 1996. This study took some statistical methodologies, such as descriptive analysis, factor analysis and logit model analysis. The results were as follows; First, in the descriptive analysis for whether the hospital reengineering named RUSH94 was a success or not, the subjects judged that it was not successful and regarded their fable mutual communication as the main factor. Second, in the reason of failure at the reengineering project, the group who thought that the failure factor was the lack of mutual consensus checked the scores of the first factor produced from the factor analysis.

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Analysis of the Effectiveness of Project Risk Management (PRM) on the Project Success: Focused on the Implementation Phase of Overseas Construction Projects (프로젝트 리스크 관리(PRM)가 프로젝트 성공에 미치는 효과성 분석: 해외건설사업 수행단계 전반을 중심으로)

  • Sullim Jung;Dae-Cheol Kim
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.46 no.3
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    • pp.221-230
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    • 2023
  • Under increased complexity and uncertainty of overseas construction projects, it is important for construction companies to improve their own project risk management capabilities instead of risk-taking strategies to secure competitiveness in the overseas construction market. Although most of the risks occur in project execution stage, many previous studies focused on planning stage including risk identification and analysis among PRM process. Therefore, this study aims to verify the effectiveness of whole PRM process during project execution stage through empirical study on participants of overseas construction projects. As the result it was found that first, the factor directly affects the project success is the execution process of PRM. It implies that appropriate actions such as appointing charged manager for risks, timely implementation of responding plan, continuous risk monitoring and updating established plan are the key for contribution to the project success. Second, the importance of communication in PRM is also found, which is not conducted at a specific but throughout the entire PRM process and need to be managed as essential factor for successful PRM..

DEVELOPMENT OF FEASIBILITY ANALYSIS MODEL FOR DEVELOPER-REQUESTED HOUSING PROJECTS

  • Young-Ki Huh;Bon-Gang Hwang;Joong-Seok Lee
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.847-855
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    • 2009
  • While many studies on feasibility analysis for housing projects have been released, the main focus was on economic feasibility and factors related to developers were not clearly identified enough to be used in practice. In order to establish a feasibility analysis model for apartment development projects requested by developers in Korea, 31 driving factors behind projects' success were identified under seven different categories. Criterions of the each factor were also developed, and weight of each factor was assigned by applying the Analytical Hierarchy Process(AHP). Finally, based on the Monte Carlo simulation, the feasibility analysis model was established, providing probability distribution of project's grade. The model was applied to 12 housing projects to verify its reliability, and found that the model properly filtered projects that are unlikely to be profitable, indicating reasonable reliability of the model. The model can be a useful tool for contractors, especially with less experience in analyzing project development feasibility.

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A study on performance capability of local government on the forest tending project (지방자치단체 숲가꾸기 사업 수행역량에 관한 연구)

  • Kim, Myoung-Kwan;Oh, Do-Kyo;Kim, Se-Bin
    • Korean Journal of Agricultural Science
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    • v.40 no.1
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    • pp.1-11
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    • 2013
  • The study proposes to draw out the correlation on what kinds of influences local government personnel's performance capability affect the overall quality of the project, and to suggest institutional supplement policies. For the study, two analytical methods are conducted. First, a hypothesis per each factor was set by classifying the factors which affect the personnel's performance capability into organizational and individual factors. Second, a survey was conducted targeting the project management personnels and presented the result on the verification of the hypothesis through statistic techniques. As the result, it is considered that the quality of forest tending project is more affected by the individual factors than the organizational factor, thereby this study suggests the methods of reinforcement in project management personnel's performance capability.

Predicting Project Performance by Analyzing Key Success Factors on Project Fiancing(PF) Development (건설 프로젝트 파이낸스(PF) 사업의 성공영향요인(KSF) 분석을 통한 사업성과 예측 모델)

  • Lee, Dong-Gun;Cha, Hee-Sung
    • Korean Journal of Construction Engineering and Management
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    • v.15 no.5
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    • pp.127-137
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    • 2014
  • Project Financing (PF) development project is the type which influences national economy and building industry largely because it is exerted by using borrowed money from many kinds of investors and huge amount of financial raising. Many domestic PF projects are focused mainly on the profit maximization lacking in a sufficient feasibility study. Nowadays many projects are suspending due to the global finance debacle and stagnation of real estate industry. Therefore, in this paper, risk factors of PF project are deducted and Key Success Factors (KSFs) are derived through Factor-Analysis and qualified using Fuzzy-AHP method. And through the evaluation of the derived success factors in real projects, a strong correlationship has been identified between the score of each PF success factor and the level of success and/or expected rate of return (ROR). So, the result of this paper can help decision makers of the PF projects make a better decision and give a meaningful guidance in achieving successful PF projects.

Factors Affecting the Success of Construction Projects in Khyber Pakhtunkhwa, Pakistan

  • Musarat, M. Ali;Ahad, M. Zeeshan
    • Journal of Construction Engineering and Project Management
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    • v.6 no.4
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    • pp.1-6
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    • 2016
  • Construction industry ranks as the largest industry and imparts a significant part in developing and achieving the aims of society. Due to the involvement of larger number of stakeholders, construction industry is complex in nature. The current study is designed to identify and evaluate the factors affecting the success of construction projects in Khyber Pakhtunkhwa (KP), Pakistan. To carry out the study, a questionnaire was developed in term of interview pilot study. The data from the questionnaire survey was analyzed through SPSS software in five groups to accumulate authenticity of 44 factors. Later on the ranking was done by relative importance index (RII). According to the outcome of the research, "Project Group" stood highest among the five groups with factor of "project size" at the top rank while "Contractor Group" stood lowest with the factor of "client size" at bottom rank. From the study it is concluded that the Project Group is identified as a crucial blockade in success of construction projects. By giving pivotal attention to project group, the projects could be successfully attained from factors of project size, materials and equipment, funds and resources and project planning. To focus on the factors of project group, trust of the province people could be restored in construction of projects.

Analysis on the Construction Cost of Spatial Structures-Focused on the Roof Structure (대공간구조물의 건설 비용 분석-지붕구조체 중심으로)

  • Jang, Myung-Ho;Cheong, Myung-Chae;Sur, Sam-Yeol
    • Journal of Korean Association for Spatial Structures
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    • v.7 no.1 s.23
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    • pp.87-94
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    • 2007
  • An economic analysis is one of the most important factor to determine tile project feasibility. In some mega project, however, it is not unique factor to make a Go or No-Go decision because of overriding this work, an economic aspect by some project indirect factor such as political, social, environmental and technical factor, etc. The purpose of the this study is to investigate the cost model effects of spatial structure.

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