• Title/Summary/Keyword: Project performance measurement

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Project Performance Evaluation and Workload Monitoring Technique by Using Input/Output Bipolar Diagram

  • Lee, Jung-Gyu;Jeong, Seung-Ryul
    • Journal of Internet Computing and Services
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    • v.18 no.4
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    • pp.79-87
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    • 2017
  • Company A, an embedded system manufacturer, provides its products to Company P which is the parent company of Company A. Both companies learned that they needed to find over 4,000 bugs before market release in order to meet the acceptable quality level. Traditionally, they had utilized time-series line graphs as their common performance measurement tool. These graphs compared accumulated numbers of bugs fixed with accumulated numbers of bugs found. Engineers in Company A had been under pressure to improve the process capacity because the line for bugs fixed was always below than the line for bugs found. By using a newly designed Bipolar diagram, engineers in Company A analyzed the process performance. And they were in a position to be more flexible for internal or inter-companies meeting. Authors explain an empirical study of a graphical and practical performance measurement tools relating to mainly the Bipolar diagram. As a result, the Bipolar diagram provides workload monitoring and performance measurement functions in a given timeframe by using the concepts of Optimum Process Line (or band) and Fair Process Capacity Zone.

Development of Work Breakdown Structure for Nuclear Power Plant (원자력발전소 Work Breakdown Structure 개발)

  • Cho, Yeong-Heock;Yang, Myung-Duck
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2014.05a
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    • pp.52-53
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    • 2014
  • The Work Breakdown Structure (WBS) is a primary tool which provides a framework that defines clear scope of all deliverables throughout the project life cycle. Once the WBS is established in projects, it should allow project team members to measure and manage work performances by the WBS; further, it should provide a reference point when any work scope needs to be redefined. Based on the project information in the Progress and Performance Measurement System (PPMS) of UAE's Barakha Nuclear Power Plant (BNPP) projects, an attempt was made to develop a new WBS which provides hierarchical and systematical decomposition of the total work scope of NPP construction projects while avoiding from the preexistence concept in Korean NPP projects that the WBS is a combination of Physical Breakdown Structure (PBS) and Functional Breakdown Structure (FBS). The unique features of the new WBS are as follows: (1) defined the definition of each level of the WBS, (2) subdivided the WBS into 5 hierarchical levels, and (3) adopted globally used general coding structure. The new WBS provides a basic hierarchical structure for the project scope and can be used as a basic tool for schedule control, performance measurement, project status monitoring, and communication among project participants. In addition, by putting the Work Package (WP) under the WBS, the Earned Value Management System (EVMS) per WP can be utilized for the project.

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A Development of Project Performance Predicting System(PPS) considering Construction Project Characteristics (건축 프로젝트의 특성을 고려한 성과 난이도 예측 시스템 개발)

  • Ko, Young-Jin;Cha, Hee-Sung
    • Korean Journal of Construction Engineering and Management
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    • v.12 no.1
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    • pp.62-72
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    • 2011
  • Currently, The failure of construction project is increasing to be caused by a changing construction environment. According to this circumstances, Researches of project success factors affecting performance have been presented to develop strategies for efficient construction project management in the construction industry. However, Conducting efficient construction project management is difficult because project manager could not know which project success factors can be improved or not. Especially, although the project characteristics were derived the level of difficulty for performance, research of the project characteristics which could not be improved as influence factor to performance is lacking. Therefore, This paper has developed the Performance Predicting System(PPS) with Fuzzy set theory to establish. PPS has been developed to establish efficient project management strategies and to save time and effort. As Contractor inputs the project characteristics, PPS can predict the level of difficulty of performance.

Technical Performance Measurement & Aanaysis Process Implementation Method and Tool Development of The Defense R&D Project (국방연구개발 프로젝트의 기술적 성과 측정.분석 프로세스 구현방안과 도구 개발)

  • You, Yi-Ju;Park, Young-Won
    • Journal of the Korea Institute of Military Science and Technology
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    • v.11 no.3
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    • pp.76-88
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    • 2008
  • The purpose of the research is to propose an earned-value indicator for technical performance measurements of an ongoing defense R&D project and the associated measurement, analysis and the implementation process for data collection and usages. Furthermore, the study demonstrates the evidences of benefits and validity of the proposed approach through the enabling tool development and its application examples.

Cost Normalization Procedure for Phase-Based Performance Measurement

  • Choi, Jiyong;Yun, Sungmin;Oliveira, Daniel;Mulva, Stephen;Kang, Youngcheol
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.72-76
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    • 2015
  • Capital project benchmarking requires an effective cost normalization process to compare cost performance of projects accomplished in different time and location. Existing cost normalization approaches have been established based on the assumption that all required information for cost normalization is fully identified once a project is completed. Cost normalization, however, is sometimes required to evaluate phase-level outcomes of an ongoing project where the required information is not fully available. This paper aims to provide a cost normalization procedure for phase-based performance assessment. The procedure consists of three normalization steps: currency conversion, location adjustment, and time adjustment considering various scenarios where the required information is not fully identified. This paper also presents how the cost normalization procedure has been applied to the 10-10 Performance Assessment Program, which is a phase-based performance assessment system developed by the Construction Industry Institute (CII). Both researchers and industrial professionals can apply the cost normalization procedure to studies and practices regarding to cost estimation, feasibility analysis, and performance assessment.

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Performance Evaluation of Private R&D Projects using BSC/DEA (BSC/DEA를 활용한 기업 연구개발 프로젝트 성과평가)

  • Jeon, IkJin;Lee, Hakyeon
    • Korean Management Science Review
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    • v.34 no.2
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    • pp.67-83
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    • 2017
  • This paper proposes a R&D project performance measurement model for private firms combining balanced scorecard (BSC) and data envelopment analysis (DEA). The efficiency of R&D projects is measured in terms of each of the three perspectives of BSC by using DEA : the internal process perspective (DEA-P), the customer perspective (DEA-C), and the financial perspective (DEA-F). The performance indicators of the three perspectives of BSC are considered as outputs of the corresponding DEA models. To provide strategic implications for R&D planning, we also propose the R&D project performance matrices composed of two different types of efficiency dimensions. The proposed model is expected to be fruitfully utilized for R&D performance measurement of private firms.

The DEVELOPMENT OF WORK PERFORMANCE ANALYSIS SYSTEM

  • Lim, Chul-Woo;Yu, Jung-Ho;Kim, Chang-Duk
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.738-746
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    • 2009
  • The purpose of this study is to develop the web-based system for work performance analysis(WPAS). The need of work performance analysis system has already been suggested in many previous researches on the computerization of the performance measurement in the construction site by using the indicators such as time, cost and quality. However, they had focused on measuring or analyzing the result when the project would be over. The WPAS suggests three indicators - work reliability, work effectiveness and work efficiency - to manage the performance of the construction site. It can help the manager more easily recognize the status of on-going work in the construction site by measuring and analyzing the work reliability rate, the work effectiveness and work efficiency every day. This research includes the procedures for WPAS measurement process, database structure of WPAS which was analyzed by the IDEF0 and the data flow diagram. Finally, this research introduces the result of WAPS's case studies and validation in the Korean construction site.

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MANAGEMENT THINKING BEHIND PERFORMANCE MEASURES

  • Yong-Woo Kim ;Glenn Ballard
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.377-382
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    • 2005
  • The tools, methods and measures used for project control reflect underlying theories of management. Management theory has been neglected in the construction industry, which has rather focused on tools and neglected theory. This paper contributes to the theory of project management by introducing and developing two fundamental and competing conceptualizations of management: MBM (Managing-by-Means) and MBR (Managing-by-results). Current project control and performance measurement practice is based on MBR. However, project control based on MBR may not be appropriate for managing dynamic projects. The paper present the Last PlannerTM System (LPS) and Process Variance Control (PVC) as examples of methods reflecting the MBM view. It is argued first that the MBM view is appropriate for managing uncertain, complex and quick projects. The paper also explores how MBR tools and techniques may be appropriately used within an MBM framework.

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Analysis of Supervisory Report for Performance Measurement in the Private Building Construction Sites (민간 건축현장 성과측정을 위한 감리보고서 활용성 분석)

  • Sung, Yookyung;Hur, Youn Kyoung;Lee, Seung Woo;Yoo, Wi Sung
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2022.11a
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    • pp.217-218
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    • 2022
  • Supervision work deals with important data necessary for the performance management on building construction sites in accordance with the Building Act. Therefore, this study attempts to use the data from supervisory reports to measure the performance of private building projects. Performance measurement is important for systematic management. However, there are only a few cases in which performance measurement is performed because it requires strenuous efforts to collect data for measurement. First, this study derived 6 performance areas and 15 indicators through a few rounds of expert group discussions. Then, we confirmed the performance indicators with high feasibility of data collection through a survey of supervision experts. It is expected that the data of supervisory reports can measure systematically performance and assist in speedy diagnosis of private building construction sites.

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Statistical Analysis of Work Performance Indicator (작업 성과지표의 통계적 분석 방법에 관한 연구)

  • Moon, Hyo-Gi;Yu, Jung-Ho;Kim, Chang-Duk
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.947-952
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    • 2007
  • The construction project is composed of individual trade which is consists of each activity. and the performance of each activity is the lowest level to influence the project performance. Consequently, It is essential to measure and evaluate the performance of the each assignment. But the existing performance measurement have mainly focussed on company level and project level. Therefore, this paper select PPC as the indicator of a activity and, suggests the analysis method of indicators for a goal-oriented management and continuous improvement through a statistical control techniques.

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