• Title/Summary/Keyword: Project Success Elements

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Improvement of Environmental-friendly Hospital Design on Underdeveloped Countries - Focused on Bangladesh -

  • Jang, Duk Chan
    • KIEAE Journal
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    • v.14 no.6
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    • pp.43-52
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    • 2014
  • Hospital design technology of Korea has recently been exported to underdeveloped countries through the EDCF business. This business reflects our high technology of the hospital design and the regional features that reflect the natural environments, the architectural features and the architectural technology of underdeveloped countries. In accordance with the trend of the global environmental-friendly design market, introduction of environmental-friendly design is needed in the project of hospital for underdeveloped countries. A result of examining the Bangladesh case, the hospital design for the underdeveloped countries already contains a lots of environmental-friendly design elements which have lots of effect. In addition, these environmental elements already contains the advantage and efficiency of operation. Thus, for the success of the hospital design project of the international assistance business, it is necessary actively to discover the environmental-friendly design elements of the region, and to survey the environmental-friendly construction of the region and to make the guidelines of environmental-friendly hospital design during the feasibility study phase.

An Exploratory Research on Quantitative Risk Assessment Methodology Throughout Success Factor Analysis in Project Financing (PF 개발사업의 성공요인 분석을 통한 리스크 평가체계 구축을 위한 기초연구)

  • Lee, Dong-Gun;Cha, Hee-Sung
    • Korean Journal of Construction Engineering and Management
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    • v.14 no.5
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    • pp.92-102
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    • 2013
  • A Project Financing (PF) is a form of project delivery system that is carried out for the purpose of trying to give help to the development of national economy and the construction industry in order attract private investment. However, in the case of Korea, many PF projects are only taking into account the aspect of maximizing development benefits, and the proliferation of PF results in project failure. In addition, the interruption of business has been one after another in the aftermath of the recent financial crisis. These major cause is the result of efforts to block the potential risk of objectively quantifying operations. Nowadays, PF risk analysis in terms of various factors is insufficient. The purpose of this study is to identify and quantify the extensive risk elements to classify the cause of affecting the success of the project PF study prior to propose a methodology for evaluating the integrity of the project PF based on this and to provide a quantitative system that can evaluate the business risk. This study identified the factors that affect the PF business success and failure and establish the metrics that can be quantified through existing research and expert interviews. Factors influencing the success of the PF obtained as a result of surveys and interviews in assessing the soundness of the PF development conditions in the future be able to take advantage of, as well as an objective assessment tool to be able to take advantage of the development is expected.

A Study on Evaluation of Construction Project Owner's Organizational Competency (건설사업 발주자 조직 역량 평가에 관한 연구)

  • Lee, Si-Wook;Woo, Sung-Kwon;Kim, Ok-Ki
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.1
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    • pp.146-155
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    • 2009
  • In the construction industry, success or failure depends on the capability and role of the project owner's organization, which has an effect on the peoples' lives and national finance because of a lot of involvement from the project owner. Therefore, it is required that the project owner has the sufficient capability for the success of relevant industry and the further development of whole industry. Therefore, at the viewpoint of successful accomplishment of the construction industry, systematic and in-depth research that defines and evaluates the capability of the project owner's organization is necessary. As-Is and To-Be competency can be measured by the individual areas and elements through the survey. By evaluating these capabilities simultaneously, it is possible to assume not only the project owner's organizational competency but also constant other capabilities. It is become to make plans for strengthening the capabilities and to establish the strategy, by catching which capabilities are really necessary. It will result in positive effects on improving the capabilities of the project owner's organizational competency.

DEVELOPMENT OF A FRONT END PLANNING TOOL FOR SUSTAINABILITY

  • Sang-Hoon Lee;Spencer Howard;Lingguang Song;Kyungrai Kim
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.506-513
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    • 2009
  • The Construction Industry Institute (CII) developed the Project Definition Rating Index (PDRI), as a part of their Front End Planning best practices, which helps project managers assess and measure project scope definition risk elements. U.S. Green Building Council are seeing the benefits of sustainable building and Leadership in Energy and Environmental Design certification by positively impacting life cycle costs, building marketability, and organizational productivity. However, there have been no efforts to integrate these two planning tools in construction industry. By applying a supplemental tool which combines the PDRI with the LEED rating system, construction industry can develop and implement a tailored instrument that leads to total project success in sustainability. The objective of this research is to assemble a new front end planning mechanism for green buildings by incorporating the current PDRI and LEED systems.

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Maturity model considering the interrelation between software project management areas (소프트웨어 프로젝트 관리영역의 상호영향을 고려한성숙도 모델)

  • Jeon, Soon-Cheon
    • Journal of Advanced Navigation Technology
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    • v.15 no.5
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    • pp.823-832
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    • 2011
  • Recently, as the project becomes larger and the number of project increases by the information system integration in the public and financial sectors, it is necessary to have a proper plan to manage the information system project. There have been many researches about the project management, success elements and failure elements, but the research on the interrelation between project management areas leaves much to be desired. This research deduces the scope, schedule, quality, work force and risk as the project management areas from the preceding research and the questionnaire and interview with PM developers, information system builders and data processing experts. And, it analyzes the interrelation and the relative importance between management areas, classifies the progress of the management areas under plan, implementation and completion stage and presents the frame to evaluate the accomplishment of each progress.

Critical Success and Failure Factors of e-Government Project Implementation in Kenya (케냐의 전자정부 프로젝트 핵심 성공 및 실패 요인)

  • Wamoto, Francis O.K.;Hwang, Gee-Hyun
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.39 no.2
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    • pp.119-128
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    • 2016
  • Use of ICT in Government has ability to improve service delivery to its citizens, and yet many developing countries have lagged behind in the implementation of e-Government. Many e-Government initiatives also failed to achieve their objectives in developing countries. This paper therefore aims to identify critical failure or success factors in Kenya, using Heeks' Factor Model. A survey questionnaire was developed and data were collected and analyzed from officials and interested citizens. The analysis results enabled to highlight seven specific success and failure factors, and their constituent elements in Kenya. The Kenyan overall e-Government implementation score belongs to the Zone of Improvement (3.52 of total 5.0), which means partial success or failure. The enablers of e-Government projects are good strategy formulation, and internal and external drive, whereas main failures of e-Government are weak ICT infrastructure. The areas for improvement are project management, design, competencies and funding. Data analysis highlights both strengths and weaknesses for each factor or variable. In particular, Kenyan government excels at the drive for change by top to bottom government officers as well as external stakeholders, while the government officers who are using e-Government are satisfied with the availability of vision, strategy and plan of e-Government implementation. Both technologies and e-transactions laws were the worst of all the variables in e-Government implementation. Two areas should be improved using immediate corrective action. In-depth study reveals that government officers and citizens can't fully use their laptop and mobile devices due to the lack of both ICT network and its operating technology, and legal system associated with the transaction of business information. Finally, the study ends up with recommendations for policy makers to shape the future of e-Government system in both developing and developed countries.

An Effective Project risk Management Based on Systems Engineering (시스템엔지니어링에 기반한 효과적인 리스크 관리)

  • Kang, Top;Kim, Sung-Cheol;Oh, Jung-Taek
    • Journal of the Korean Society of Systems Engineering
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    • v.7 no.1
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    • pp.43-51
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    • 2011
  • SE generally defines approaching ways of conducting identification, verification and integration of an optimized product and process solution to meet customer's needs by leveraging organizational competency in engineering and management. To successfully develop a new product under mass production contract, it is important to efficiently carry out the program by ensuring that three major competencies are secured; core technology, system integration, and program management. For successful implementation of tasks in the three areas, systematic execution is called for, which requires identifying risk factors in advance. In particular, comprehensive risk management role and responsibility is required for program management. Success of a development program is determined by complex elements of human resources, organization culture, and overall competency of an organization in technology and program management, including capability of the program manager. In this paper, a risk management solution is suggested to lead a program to success with a more efficient way through actual risk management by the concept of SE around the above three areas.

Analysis on the Construction Cost of Spatial Structures (대공간 구조물의 공사비 분석)

  • Jang, Myung-Ho;Sur, Sam-Yeol
    • Journal of Korean Association for Spatial Structures
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    • v.7 no.3 s.25
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    • pp.133-140
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    • 2007
  • Spatial structures is a appropriate shape that resists external force with only inplane force by reducing the influence of bending moment, and it maximizes the effect of structure system. An economic analysis is one of the most important factors to determine the project feasibility. Large spatial structures project is more need to comprehensive technology than a general construction project. In order to result in success of these project, it is desired that analyze an essential elements(for example, large budget, professional engineer, construction method, etc.) in the whole life cycle of buildings by schematic preparation from the early feasible study steps. We collect the data and analyze construction cost through this study which examines general remarks of existing spatial structures and researches its examples. This study is aimed to apply basic data to establish database the spatial structures.

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A Study on Risk Analysis and Relevant Measures for the Successful Performance in Overseas Construction Projects - Including Case Analysis on A Overseas Construction Project - (해외건설 프로젝트의 성공적 수행을 위한 위험요소 및 대처방안에 대한 연구 - 해외건설 사례분석을 포함하여 -)

  • Kim, Sang-Man
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.50
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    • pp.215-250
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    • 2011
  • Korean won overseas construction projects worth 71.6 billion US Dollars in 2010, which exceeded that of 2009 by 45.6%. An overseas construction project is a transaction of large scale, long term project, many parties participating, deferred payment, and of high-technology. It contributes to foreign currency earning, and also leads the nation's export restructuring work towards high value-added one. There are various kinds of risks towards the relevant parties respectively, which are key elements in successfully performing the overseas construction project. There are completion risk, financing risk, operating risk, revenue risk etc, in an employer's place. A contractor may be confronted with payment risk, issuance risk of performance bond, financing risk, performance risk of sub-contractors, and exchange rate risk. In lenders place there are repayment risk, completion risk, and political risk in the host country. In order to mitigate risks, the parties shall take relevant measures or require relevant securities. A contractor needs to evaluate the credibility of an employer in respect of payment risk, and can also request export insurance cover by the Korea Trade Insurance Corporation(the former 'Korea Export Insurance Corporation"). An employer can require a contractor to provide performance bond in respect of completion risk, and employ a well-known first class bank as a mandated arranger to arrange financing with regard to completion risk. Lenders needs to evaluate the credibility of an employer and accomplish feasibility study of the project. Lenders can request insurance cover from export credit agency. Once the parties assess the respective risks and obtain relevant securities, the project will be successfully completed. The success of the project will be sure to bring the parties involved enormous profits and another opportunity to participate in overseas construction project afterwards.

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A Study Of the Construction Management Applied to BAT Korea Factory Construction Project in Korea (BAT Korea Factory 건설 프로젝트의 CM 적용사례 연구 - Cost Management 사례를 중심으로 -)

  • Kim Duk-Kon;Kwon O-Kyung;Kim Jong-Hoon
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.48-57
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    • 2003
  • BAT Korea's Factory is the one of the major projects that clearly confirms and demonstrates that Construction Management (CM), provided by a Korean CM Company to the foreign clients, enables them to successfully complete projects; with savings in time and reduction in cost, which it is $15\%$ lower than the cost of the overseas construction. Also, throughout the thorough schedule management, it was possible to commence with manufacturing one month after the completion date. The Key Success Factors was generated by the excellent construction management skills, and more importantly by the confidence gained by the client in giving a CM company full authority for the construction management of the project. This study has focus on elements of construction management applied to this project throughout the concept of 'One Stop Shop', including cost managements, contract management and value engineering etc. We hope that this study will provide useful data to enable public clients to take advantages of construction management, in a similar way to. the private clients, who have already implemented CM actively.

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