• Title/Summary/Keyword: Project cost

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Measurement and Analysis Process Improvement Based on CMMI (CMMI 기반의 측정 및 분석 프로세스 개선)

  • Han, Hyuk-Soo;Do, Sung-Ryong
    • Journal of Information Technology Services
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    • v.10 no.4
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    • pp.229-242
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    • 2011
  • It is necessary to have measurement and analysis activity for managing software project. At least, every project measures time and cost in order to figure it out whether it will finish within its deadline. CMMI has Measurement and Analysis process in Maturity Level 2. In Measurement and Analysis process, Indicators for decision making in project management are defined and analysis procedure of the measurements to get the indicators are specified. Also, the way of collecting the data and storing them is also planned. Establishing efficient and effective measurement and analysis process in the organization by improving existing process is very important for project success. In this paper, we provide a method for analyzing the measurement and analysis process and improving it based on IDEAL model. It will support the organizations which are trying to adopt CMMI to establish measurement and analysis process.

The Method Improving the Productivity of a Project through Construction Management Techniques (CM의 요소기술을 이용한 프로젝트의 생산능력향상)

  • Yoon Tae-Kwon;Chung Jai-Young
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2005.05a
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    • pp.133-136
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    • 2005
  • This study provides the method how to improve the productivity of a project using CM's constitutive methods. Construction industry in Korea was protected by the government and they have been grown with only their construction technology until today. It results Korean Construction is behind the advanced countries in terms of Engineering fields and construction management skills. This study compares the difference between the construction system of Korea and Europe and Asia. And then, it proposes the method how to compete with the other countries. which introduce the CM technique into the construction project in the beginning stage. Hopefully, this study is recognised as the basic strategy to improve the capability of Korean construction management.

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Introduction to SE Process Application on the development project of the Korean High-speed Train(HSR 350-x) (한국형 고속열차(HSR 350-x) 개발사업의 시스템엔지니어링 프로세스 적용사례 소개)

  • Park, Choonsoo;Lee, Tae Hyung;Choi, Sunghoon;Kim, Kihwan
    • Journal of the Korean Society of Systems Engineering
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    • v.4 no.2
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    • pp.15-26
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    • 2008
  • The Korean High-speed train was developed during 1996 to 2007. This development project consists of many sub-projects and the train-system includes a lot of sub-systems. In order to promote the project on planned cost and time effectively, we tried to apply systems engineering process during the whole life-cycle. The purpose of this paper is to introduce the systems engineering process applied to this project. Activities carried out in each phase such as pre-design, detailed-design, integration & verification are described.

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A Case Study on Risk Analysis of Large Construction Projects (건설공사를 위한 위험분석기법 사례연구)

  • Kim Chang Hak;Park Seo Young;Kwak Joong Min;Kang In-Seok
    • Proceedings of the KSR Conference
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    • 2004.06a
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    • pp.1155-1162
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    • 2004
  • This research proposes a new risk analysis method in order to guarantee successful performance of construction projects. The proposed risk analysis methods consists of four phases. First step, AHP model can help contractors decide whether or not they bid for a project by analysing risks involved in the project. Second step, the influence diagraming, decision tree and Monte Carlo simulation are used as tools to analyze and evaluate project risks quantitatively. Third step, Monte Carlo simulation is used to assess risk for groups of activities with probabilistic branching and calendars. Finally, Fuzzy theory suggests a risk management method for construction projects, which is using subjective knowledge of an expert and linguistic value, to analyze and quantify risk. The result of study is expected to improve the accuracy of risk analysis because three factors, such as probability, impact and exposure, for estimating membership function are introduced to quantify each risk factor. Consequently, it will help contractors identify risk elements in their projects and quantify the impact of risk on project time and cost.

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Development of new Structure AC-PDP using Thick Film Ceramic Sheet Technology

  • Kikuchi, Naoya;Hiroshima, Masayuki;Asai, Hideyuki;Sakamoto, Susumu
    • 한국정보디스플레이학회:학술대회논문집
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    • 2003.07a
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    • pp.401-406
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    • 2003
  • New planar discharge structured AC-PDP has been developed by using TFCS (Thick Film Ceramic Sheet) technology. By applying TFCS to AC-PDP, a sustaining electrode and scanning electrodes are embedded in the TFCS. It is shown that panel performances such as electrical and optical characteristics are superior to commercialized coplanar AC-PDP as well as cost reduction. Moreover the experimental result shows panel performances can be improved drastically by continuous development.

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A Case Study of a Six Sigma Project for Improving Gate Painting Quality (게이트 도장 품질 개선을 위한 6시그마 프로젝트 사례 연구)

  • Hong, Sung-Hoon;Choi, Ik-Jun
    • Journal of Korean Society for Quality Management
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    • v.34 no.1
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    • pp.1-12
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    • 2006
  • This paper presents a six sigma project for improving gate painting quality in a medium-sized automotive part company. The project follows a disciplined process of five macro phases: Define, Measure, Analyze, Improve, and Control. A CTQ(critical to quality) is determined based on COPQ(cost of poor quality) analysis, and a process map is utilized for identifying process input variables. Three KPIV s(key process input variable) are selected; Painting Temperature, Painting Quantity, and Painting Viscosity, and DOE(design of experiments) is utilized for finding the optimal process conditions for three KPIVs. MINITAB software is used for data analyses and DOE. The sigma level of defects rate has improved from 2.93 to 3.66.

BIM Utilization Plan for Schedule Risk Management (공정리스크 관리를 위한 BIM 적용 방안)

  • Lee, Gye-Hyun;Kim, Ju-Hyung;Kim, Jae-Jun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2012.05a
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    • pp.143-144
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    • 2012
  • A number of construction projects tied to the concerns and decision-making is also very complicated. In addition, more than any other industry, is inherent in many risk factors. In the course of the construction project on risk factors that exist in the early stages of project risk factors to predict in advance and prepare a project by shortening the construction period and project cost as you can to maximize performance. In this study, I proposed risk management processes and how they are used in web-based schedule risk in the process of change management system, and between 3D CAD, 4D CAD taking into account the linkages, risk management strategy process in the BIM environment.

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Construction Delay Risk and its Prevention Measures

  • Acharya, Nirmal Kumar;Lee, Young-Dai;Im, Hae-Man
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2006.11a
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    • pp.268-270
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    • 2006
  • The purpose of this paper was to explore delay avoiding measures and strategies. The paper was based on previous work of authors on finding delay causes. Firstly, the paper has discussed about delay avoidance measures prescribed by the previous work. As the previous study identified five main causes of construction delays, various measures and strategies to overcome those delay problems have been discussed in sequence in the last sections. Major delay prevention strategies are: involving stakeholders in the project decisions, outreach program, realistic time and resource estimation, try to adjust the triple constraints of time, cost and scope, ensure fair and complete disclosure of information at an early stage of the construction project, contractor, itself should inquire about patent design errors prior to submitting its bid, owner should include in its contract with the consultant an indemnity (protection) clause etc.

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A Review of the Master Plan for Four Major Rivers Restoration Project

  • Park, Chang-Kun
    • Journal of Environmental Impact Assessment
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    • v.18 no.6
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    • pp.411-417
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    • 2009
  • Lately the master plan for the Four Major Rivers Restoration Project has been released by the Ministry of Land and Maritime Affairs and relevant ministries. According to the master plan compared with the interim report made on 15 December 2008, the number of weirs for irrigation has increased from 5 to 16, the amount of dredging has increased from 220 million cubic metres to 570 million cubic metres, and the total cost estimated has increased from 14 trillion won to 22 trillion won. A critical review of the master plan by some research group will be summarized focused upon budget, objectives, securing water resource, dredging, and flood control etc. After various experts' forums and field surveys, it is concluded that the government should implement a joint-research program on assessing the impact of the project together with experts and citizens' groups as co-partners, in order to truly save or restore the four major rivers.

Investment Analysis of Venture Business for Probabilistic Cases (벤처사업의 투자결정기법: 확률적 사례를 중심으로)

  • 백관호
    • Journal of Technology Innovation
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    • v.6 no.2
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    • pp.178-207
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    • 1998
  • This article suggests a methodology to decide the priority of investment project for venture business under the dynamic circumstance. By the Monte Carlo procedure on the probability distribution of cost and revenue, the model simulates the investment project to estimate profit ratio and risk. The profit ratio is calculated on the yearly basis for the relative comparison. The project risk is calculated as semi-variance under the target yield. After sufficient simulations in this fashion for several projects, the efficient projects with more profit and less risk are selected by the dominance principle. Then the regression equation of the selected projects is produced to find the relative value of the projects. The relative value is obtained through dividing the raw profit ratio by the estimated one on the equation. This value shows the degree to which the simulated project yields over the equation. The priority of investment is decided by this value. An examplary venture business of chemical development for semi-conductor is presented as a case study.

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