• Title/Summary/Keyword: Project method

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Development of project management system (Based on case study of electronic company) (프로젝트 관리 시스템의 개발 -전자업종의 사례를 중심으로-)

  • Lee Seog-Hwan;Park Seung-Hun
    • Journal of the Korea Safety Management & Science
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    • v.8 no.2
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    • pp.185-201
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    • 2006
  • The authors devised and presented the method of development for project management system. The function and item for project management system are also presented in this article. This is the case of developing a practical system for project management in electronic company. The electronic company can utilize this method as a guideline of development. This can bring great economical effect to electronic company by saving the costs and time for development. The electronic company can apply this method easily. Moreover, waste of costs can be prevented by installing system just with necessary function and items.

Integrating Deep Learning with Web-Based Price Analysis to Support Cost Estimation

  • Musa, Musa Ayuba;Akanbi, Temitope
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.253-260
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    • 2022
  • Existing web-based cost databases have proved invaluable for construction cost estimating. These databases have been utilized to compute approximate cost estimates using assembly rates, unit rates, and etc. These web-based databases can be used independently with traditional cost estimation methods (manual methods) or used to support BIM-based cost estimating platforms. However, these databases are rigid, costly, and require a lot of manual inputs to reflect recent trends in prices or prices relative to a construction project's location. To address this gap, this study integrated deep learning techniques with web-based price analysis to develop a database that incorporates a project's location cost estimating standards and current cost trends in generating a cost estimate. The proposed method was tested in a case study project in Lagos, Nigeria. A cost estimate was successfully generated. Comparison of the experimental results with results using current industry standards showed that the proposed method achieved a 98.16% accuracy. The results showed that the proposed method was successful in generating approximate cost estimates irrespective of project's location.

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Methods of Reviewing Constructability of Nuclear Power Plants Utilizing a Data-based Technology

  • Kim, Woo Joong;Lim, Byung Ki;Byon, SuJin
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.147-149
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    • 2015
  • A nuclear power plant construction project normally involves a large construction work of which the total project cost is over 5 trillion Won, Such a large-scale construction project has the risks of schedule delay and quality degradation due to increase in project cost, because designs are changed due to design errors. The reasons for design changes during installation are 1) insufficient engineering capability of the owner, 2) information discontinuance due to the multiple package method, and 3) inefficient constructability review processes. Accordingly, this study proposes, through problem analysis, a method of developing a constructability review system that utilizes constructability review processes and a data-based technology (3D modeling) that are optimized for nuclear power plant construction projects. It also presents a method of establishing a system for reviewing constructability in which constructability review processes and a Database (3D model, Schedule, Design change Items) are linked each other.

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A STUDY ON THE FEASIBILITY OF IPD METHOD IN CONSTRUCTION PROJECT IN CHINA

  • Teng Li;Jae-Jun Kim;Ju-Hyung Kim
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.493-497
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    • 2011
  • Project delivery systems have evolved over the years. Continuous changes in technology and the increasing sophistication in buildings required specialization of design and construction services. IPD as a delivery method has been used in the USA and other countries. With the development of BIM, lots of construction companies have been realizing this method since BIM came out in China. However IPD are not considered with BIM, IPD will be an important role in management system of construction. This study introduced the definition of IPD and based on the flow process of IPD, compared the process in china and other countries. Through the real project and the condition in China this paper analyzed the feasibility of IPD in China.

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A Multilevel Project-Oriented Risk-Mining Framework for Overseas Construction Projects

  • Son, JeongWook;Lee, JeeHee;Yi, June-Seong
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.39-40
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    • 2015
  • As international construction market increases, the importance of risk management in international construction project is emphasized. Unfortunately, current risk management practice does not sufficiently deal with project risks. Although a lot of risk analysis techniques have been introduced, most of them focus on project's external unexpected risks such as country conditions and owner's financial standing. However, because those external risks are difficult to manage and take preemptive action, we need to concentrate on project inherent risks. Based on this premise, this paper proposes a project-oriented risk mining approach which could detect and extract project risk factors automatically before they are materialized. This study presents a methodology regarding how to extract potential risks which exist in owner's project requirements and project tender documents using state of the art data analysis method such as text mining. The project-oriented risk mining approach is expected to effectively reflect project characteristics to the project risk management and could provide construction firms with valuable business intelligence.

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A Study on Project Management Scheduling Module Development using the Rule and CBR (규칙(Rule) 과 CBR 기법을 활용한 프로젝트 일정관리 모듈 구현에 관한 연구)

  • Sin, Ho-Gyun;Kim, Yeong-Jun;Jeon, Seung-Ho
    • 한국디지털정책학회:학술대회논문집
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    • 2004.05a
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    • pp.343-354
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    • 2004
  • A Project planning is one of the most important processes that determines success and failure of the project. Scope management for project planning is also essential job in system integration project. However project planning is very difficult because lots of factor and their relationships should be considered. Therefore project planning of SI project has been done by project manager s own knowledge and experiences. It is necessary to develop an algorithm of WBS(Work Breakdown Structure) identification & document selection along to project's specificity in project management system using AI technique. This study also present method (ODW model) to cope with the limitations of the existing study that has uniformly customizing the methodology by only project complexity. We propose PPSM(Project planning support module) that apply Rule for determination of route map and document level, and CBR for WBS identification.

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Developing a Bayesian Network Model for Real-time Project Risk Management (실시간 프로젝트 위험관리를 위한 베이지안 네트워크 모형의 개발)

  • Kim, Jee-Young;Ahn, Sun-Eung
    • IE interfaces
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    • v.24 no.2
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    • pp.119-127
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    • 2011
  • Most companies have been increasing temporary work projects to maximize the usage of their resources. They also have been developing the effective techniques for analyzing and managing the state of the projects. In order to monitor the state of a project in real-time and predict the project's future state more accurately, this paper suggests the Bayesian Network (BN) as a tool for discovering the causes of project risk and presenting the failure probability of the project. The proposed BN modeling method with consideration of the Earned Value Management (EVM) method shows how to induce the predictive and conditional probability of the risk occurrence in the future. The advantages of the suggested model are (1) that the cause of a project risk can be easily figured out via the BN, (2) that the future value of the project can be sufficiently increased by updating relevant components of the project, and (3) that more credible prediction can be made in the similar and future situation by using the data obtained in current analysis. A numerical example is also given.

A Case Study on the Team Conflict Phenomenon in IT Service Project (IT서비스 프로젝트에서의 팀 내 갈등현상에 관한 비교사례연구)

  • Park, Sang-Hee;Cho, Nam-Jae
    • Journal of Information Technology Applications and Management
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    • v.16 no.4
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    • pp.109-134
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    • 2009
  • Compared to research on the success of IT projects in general, research on the management of conflict in IT teams and its impact on project success is insufficient. This research performed a comparative study to analyze the nature and evolving phenomenon of conflicts in IT project teams. This study aimed at; First, Why a conflict is created within and around an IT project team. Second, What is the phenomenon of conflict evolution, diffusion, and/or resolution? Third, How the differences in conflict management style affects the IT project performance? Three propositions were drawn from the analysis of two intensive analysis of conflict cases and their comparison. Proposition 1 : Both 'the method of pointing out a problem' and 'the pointed-out contents' can be the trigger of conflicts around an IT project. Proposition 2 : While the focus of attention of one party is 'the method of pointing out a problem', if the other's and focus of attention of one party is 'the pointed-out contents', that is, if the focus of attention mismatch, the conflict can be amplified. Proposition 3 : According to the temporal nature of the relationship, e.g., short-term versus long-term, the way people approach and deal with the conflict differs.

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On the Application of Risk Management by Levels of Project Management Maturity (프로젝트관리 성숙도별 리스크관리 적용)

  • Min, Taek-Kee
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.34 no.2
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    • pp.19-29
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    • 2011
  • The uncertainty of a project generates risks hindering the goal achievement of the project, and the risks affect the success or failure of the project significantly. Risk management, a part of the project management, includes various processes, and there are also various tools or techniques applicable to that. In an organization, the application of project management develops gradually from low to high maturity, and the organization should choose and implement a method of application proper for the level of its maturity. This article suggests a method to reduce inefficiency of the management and how to apply risk management by levels of maturity for easier application. For this, the stages of project management maturity levels were divided into the introduction, development, and maturity step, and methods of risk management suitable for each stage were applied. And methods of risk management that need to be applied by the levels of project maturity are divided into three factors : risk management processes, risk management tools and techniques, and risk management standards and templates. It is expected to be favorable approaches for the application of risk management in an organization to divide those factors into more concrete processes, tools, techniques, and standards and apply them by the levels of management maturity.

Quantifying Risk Factors on Cost Performance By Characterizing Capital Facility Projects

  • Jang, Myung-Hoon;Cha, Hee-Sung
    • Korean Journal of Construction Engineering and Management
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    • v.7 no.4 s.32
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    • pp.177-183
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    • 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.