• Title/Summary/Keyword: Project Failure

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Risk Ranking for Tunnelling Construction Projects in Malaysia

  • Ghazali, F.E. Mohamed;Wong, H.C.
    • Journal of Construction Engineering and Project Management
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    • v.4 no.1
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    • pp.29-36
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    • 2014
  • Tunnelling has become a preferred method of construction for road and highway projects in countries with a lot of hilly slope geological conditions such as found in Malaysia. However the construction works of a tunnelling project are usually complicated and costly, which consequently impose great risks to the parties involved. This paper identifies the key significant risks and sub-risks for tunnelling construction projects in Malaysia through a case study. Interview has been used as the solitary means to determine the significant risks from contractor's eleven key project personnel who were directly involved in the tunnelling construction such as consultant, construction manager and tunnel engineers. The importance of the risks identified is then prioritised and ranked via the Analytic Hierarchy Process (AHP)'s pairwise comparison approach to determine their criticality towards a successful delivery of project. As a result, three key risks have been identified as significant for the tunnelling case study project, namely health and safety, cost overrun in construction and time overrun in construction. Two sub-risks each of the latter categories, which are cost underestimation and unforeseen events (cost overrun in construction) as well as plant and machinery failure and delay in material delivery (time overrun in construction), have occupied the top five overall risk ranking.

A Study on the Risk Management of Core Technology R&D Project using Degree of Difficulty and Technology Readiness Level (기술난이도와 기술성숙도를 이용한 핵심기술 연구개발 위험도 관리에 관한 연구)

  • Lee, Taehyung
    • Journal of the Korea Institute of Military Science and Technology
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    • v.19 no.6
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    • pp.789-796
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    • 2016
  • In the Core Technology R&D of the defence area, the development of the related core element technology could be the foundation to develop advanced weapon system in the future. But it might make various problems if you can not accurately define the TRL of the element technology. In other words, if the technology is not sufficiently mature and then the project starts, it might require an increase in the development period and additional cost. Finally the system will be in an incomplete state and result in user dissatisfaction and the project failure. Therefore it is a very important task to properly assess the TRL for a successful project. In this study, We propose the method for risk management of core technology R&D project of the defence area using the QFD process with degree of difficulty and technology readiness level. It is also presented the process to determine the risk level using TRL and Degree of difficulty. Finally We apply this method to UGV system for verifying the result of this study.

Evaluation of Project Manager's Leadership in Construction Projects (건설사업 현장소장의 리더십 평가에 관한 연구)

  • Gang, Ji-Sun;Kim, Han-Soo
    • Korean Journal of Construction Engineering and Management
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    • v.11 no.1
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    • pp.151-159
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    • 2010
  • Leadership is a critical factor for success or failure of an organization. Project managers in construction projects are 'field CEO' so their leadership affects performance of the projects. The objectives of this study is to evaluate the leadership of project managers and to analyse its major characteristics. The LBDQ(Leader Behavior Description Questionnaire) technique was used to evaluate and identify types of leadership of project managers from 'heaven' and 'hell'. Relationships between leadership and performance of the projects were also discussed.

Implications from the Sihwaho Policy at the System Dynamics Perspective (시스템다이내믹스 관점에서 본 시화호 정책실패의 교훈)

  • Lee, Mi-Soo;Kim, Doa-Hoon
    • Korean System Dynamics Review
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    • v.6 no.1
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    • pp.125-145
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    • 2005
  • The Sihwaho Project got off to a bad start, which led to a series of mishaps and an imbalance of the whole project. The purpose of this study is to select the case of Sihwaho as a research subject, clean up the contamination caused by the ill planned project, develop suitable measures to stabilize the lake environment, and find the implications of similar development projects. For this, the authorshave conducted three simulations after studying the structural reasons for the failure of the Sihwaho Policy by identifying cause and effect relationships, pre-testing a number of policy measures for the current lake project, and presenting measures for solving the contamination problem at the lake. The simulations have shown us that filling the lake with seawater is inadequate to solve the problem and that we also have to make efforts to reduce the volume of wastes to the lake as well. The authorshave also analyzed the degree of difference between the simulation and survey results for scenario 1, in which we have studied how much seawater can reduce the contamination of the Sihwaho Lake without the effort to reduce the volume of wastes into the lake. The survey showed that most citizens and employees of the Ministry of Environment did not think it would be serious as the simulation results pointed out, and the employees of the Ministry of Environment were more optimistic about the situation than the public.

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A Study on the Detection of Fault Factor in Gear-Integrated Bearing (기어일체형 베어링의 결함인자 검출에 대한 연구)

  • Yeongsik Kang;Ina Yang;Eunjun Lee;Hwajong Jin;Donghyouk Shim
    • Journal of the Korea Institute of Military Science and Technology
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    • v.26 no.2
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    • pp.113-121
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    • 2023
  • High-precision lasers and anti-aircraft radars are the main equipment to protect the Korean Peninsula, and require preemptive maintenance before signs of failure. Of the key components in the drive sector, bearings do not have a fault alarm function. Therefore, the technology for diagnosing defects in bearings before the performance degradation of equipment occurs is becoming more important. In this paper, for the experimental analysis, we measured the acceleration of the four sets of the same lot using acceleration sensors. Through periodic measurements, the factors that changed until the bearing stopped rotating were analyzed. To determine the replacement time, the main factors and threshold values of the bearing signal were analyzed. The error of the theoretical and experimental analysis results of the defect frequency was within 2.8 %, and the validity of the theoretical analysis results could be confirmed. Based on the results, it is possible to remotely transmit trouble alerts to users through the system check function.

A Decision Support System for Small & Medium Construction Companies (SMCCs) at the early stages of international projects

  • Park, Chan Young;Jang, Woosik;Hwang, Geunouk;Lee, Kang-Wook;Han, Seung Heon
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.213-216
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    • 2015
  • Despite the significant increase of Korean contractors in the international construction market, many SMCCs (Small & Medium Construction Companies) have suffered in the global financial crisis, and some of them have been kicked out of the international market after experiencing huge losses on projects. SMCCs face obstacles in the international market, such as an insufficient ability to gather information and inappropriate management of associated risks, which lead to difficulties in establishing effective business strategies. In other words, making immature decisions without an effective business strategy may cause not only the failure of one project but also the bankruptcy of the SMCC. To overcome this, the research presented herein aims to propose a decision support system for SMCCs, which would screen projects and make a go/no-go decision at the early stages of international projects. The proposed system comprises a double axis: (1) a profit prediction model, which evaluates 10 project properties using an objective methodology based on a historical project performance database and roughly suggests expected profit rate, and (2) a feasibility assessment model, which evaluates 17 project environment factors in a subjective and quantitative methodology based on experience and supervision. Finally, a web-based system is established to enhance the practical usability, which is expected to be a good reference for inexperienced SMCCs to make proper decisions and establish effective business strategies.

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IMPLEMENTATION OF TRL TOOLS TO KOREAN NATIONAL CONSTRUCTION AND TRANSPORTATION R&D PROJECTS FOR IMPROVING PRACTICAL USE

  • Namgyun Kim;Byungho An;Jaehong Choi;Hyunseok Lee;Sanghyuk Park;Yeasang Kim
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.608-615
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    • 2013
  • The major countries including Korea extend the national investment on R&D and implement the business performance diffusion policy as the knowledge based competition age arrives recently. The necessity for risk management and systematic management system for R&D achievement have been appeared to prevent the failure as the R&D scale becomes larger as it was said. For this matter, the organization such as NASA and DoD in USA defines the Technology Readiness Level (TRL) as a quantitative accomplishment management index and utilize the Technology Readiness Assessment (TRA) system as a criterion. Such tool is evaluated as very effective in the R&D project purposed the practicalization. It is expected that the disadvantage of evaluation system which is oriented to the academic accomplishment in its contents of current research and to contribute greatly to the practicalization of outcomes when such technology readiness level concept is applied to Korean national construction and transportation R&D project. Accordingly, this study analyzed the concept of TRL·TRA, the characteristics and current evaluation management system of Korean national construction and transportation R&D project and suggested the construction and transportation R&D project TRL·TRA performance model to accomplish the practicalization purpose.

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An Empirical Study of the Mediating Effect of Governance in Relationship between Resident Participation and Rural Community Design Project Performance - Focused on the Case of Utturu Village - (주민참여와 농촌 마을만들기 사업성과의 관계에서 거버넌스의 매개효과 실증분석 - 제주 웃뜨르권역 사례를 중심으로 -)

  • Kang, Ki-Ho;Lee, Jin-Hee
    • Journal of Korean Society of Rural Planning
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    • v.21 no.1
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    • pp.103-115
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    • 2015
  • As rural development projects, mostly carried out in a top-down development method in the past came to take a bottom-up development method in earnest, entering the 2000s, resident participation became an essential element of a rural community design project, to the extent that it can influence the success or failure of a rural community design project. It is taken for granted that rural residents independently participate in community design projects, but as they are accustomed to various subsidy projects carried out by the government and become increasingly aging, it is not easy to induce their spontaneous participation in farming areas with such problems. Especially, to prevent the distrust between administrative agencies and residents from serving as an obstacle in the residents' spontaneous participation, it is necessary to construct horizontal governance among the village residents, administrative agencies and the group of experts supporting for the project. This study attempted to verify the mediating effect of governance in the relationship between resident participation and the performance of the rural community design project based on this problem recognition, and for this purpose, the results of a survey with residents in Utturu Village, Hangyeong-myeon, Jeju-si, which was completed by carrying out a comprehensive rural development project, the typical bottom-up community design project was used for an empirical analysis. The results of the study can provide implications for setting directions, establishing strategies and constructing governance of rural community design projects in the future, and especially, it can be said that this study has academic significance in that governance is recognized as an important variable related to the project performance.

What Factors Make the Delay of the Information System Project Implementation? (무엇이 정보시스템 프로젝트 일정을 지연시키는가?)

  • Seoung, Byung Ook;Park, Sang Cheol;Koh, Joon
    • Knowledge Management Research
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    • v.22 no.1
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    • pp.1-19
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    • 2021
  • Large-scaled hospital information system projects are often delayed than originally planned. Regarding project management, it is necessary to examine main factors triggering the schedule delay and to analyze the causality of such delay. This study tries to find the delay factors and causal relationship between them based on the case of the hospital information system development project by using the grounded theory method. It turned out that 'unrealistic scheduling' affects overall schedule delays like domino phenomenon, and 'poor analysis of existing systems' leads to poor quality of work analysis while 'poor subsystem integrated interface' triggers poor design quality. This study found out the factors affecting the delay of a project, analyzing cause-and-effect relationships between them in the academic side. From the practical view, it shows a solution to minimize delays in the project schedule for each of SI companies, hospitals and project managers.

A study on the Impact of Project Logistics Riskon Overseas Plant Business Performance (프로젝트 물류 리스크가 해외 플랜트 사업성과에 미치는 영향에 관한 연구)

  • Eun-Jin Park;Jin-Ho Oh;Keun-Sik Park
    • Korea Trade Review
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    • v.45 no.2
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    • pp.191-209
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    • 2020
  • Project logistics is becoming increasingly important in overseas plant projects. Efficient logistics risk management is needed to reduce construction period and reduce costs. However, Korean construction firms bid unconditionally without sufficient experience and analysis on overseas plants contract, companies are gradually losing profitability on projects due to not considering profitability. Despite the significant effects on the profitability of Korean construction companies, and although these companies still continue to bid on overseas plant projects, policies to manage project logistics risks for safe transport and compliance with the contracted building schedule in the long term is still lacking. Hence, this study investigates the risk factors related to project logistics and to analyze the effect of project logistics risk on overseas plant business performance. We conducted a survey of project-related workers. The results of the analysis are as follows: First, among the logistics risk factors, overseas platform business people recognize operational risk and financial risk factors, which have a positive effect directly on overseas plant performance. Second, the ability to manage project logistics risks can have a significant impact on the success or failure of overseas plants. Finally, if logistics risk factors are managed on the basis of the research results confirmed through empirical analysis, it is possible to carry out more efficient and effective management of the project, which implies that this will have a positive effect on overseas plant business performance.