• Journal of Construction Engineering and Project Management
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• v.4 no.1
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• pp.45-50
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• 2014

Productivity analysis is the most important and significant method for evaluating management and engineering performance during whole project stage. However, it is very difficult in developing qualitative index to construction industry comparing to other industries. Therefore, analytical hierarchy process (AHP) is one of the methods for overcoming these limitations by checking consistency index using duality comparison. In this study, it is scraped up an application plan and selection for innovative tools by analyzing survey results on tool users and site managers with respect to using Modified-AHP performance measurement method.

• International conference on construction engineering and project management
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• 2007.03a
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• pp.186-195
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• 2007

Key Performance Indicators (KPIs) are the criteria of measuring project performance in order to attain construction excellence. Previous researchers have examined the abstract concept of success for general new construction and identified its relationship with the factors of success. In fact, most buildings exist to satisfy the needs of people. With the passing of time and change in technology, buildings have to be maintained and renovated in order to continue functioning properly for the benefits of users. Therefore, criteria and factors of success have increasingly attracted the attention of both researchers and practitioners, especially in cities where buildings become ageing. However, the topic of project success for maintenance projects is less discussed in previous research, and project participants, including maintenance surveyors should be able to identify the success measurement and its associated factors for performance improvement. This study fills the research gap by investigating the criteria and factors of success for maintenance projects. It first provides a summary of the literature review on the criteria and factors of success for construction projects. An empirical study has also been carried out with ten practitioners in Hong Kong to further identify the criteria and factors critical for the success of maintenance projects in practice. While most criteria and factors of success for new construction projects are also applicable to maintenance projects, participants in maintenance projects believe that effective communication is in particular important to provide quality service to the end-users.

• Proceedings of the Safety Management and Science Conference
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• 2010.11a
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• pp.343-348
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• 2010

Earned Value Management System(EVMS) is a highly efficient tool in the project management, but it cannot easily determine the Actual Cost due to the indistinct criteria and extensive data. This study introduces a EVMS for project management and its actual case based on EVMS and ERP system which some additional modules are installed for performance measurement. It is expected that this new method enables a company to improve transparency by specifying expense items in detail and to switch quarterly settlement to monthly by reducing the time of calculation.

• Journal of the Korea Institute of Building Construction
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• v.22 no.2
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• pp.207-218
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• 2022

Changes in megatrends occurring within the spatial range of the production process can be critical factors that affect the performance of unit projects in construction industry, one of the representative order industries. Although changes in the megatrend are a prerequisite for successful performance achievement, previous studies suggested methods for performance measurement and management within the production process as major results. Accordingly, this study analyzed the megatrend related to domestic construction projects and presented critical impact factors(CIFs) that can be affect a project's performance. CIFs were set by combining keywords derived by reviewing major contents of related laws and policies and future strategy reports, and the importance of each indicator was quantitatively analyzed using analytic hierarchy process(AHP). It is expected that the findings of this study can provide meaningful basic data that the various stakeholders in a construction project can refer to when establishing the strategies to achieve successful performance.

• International conference on construction engineering and project management
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• 2009.05a
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• pp.935-941
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• 2009

In competitive society, performance management is an essential element of business success. Despite the importance of performance management, it has not been widely implemented in construction companies. In the recent years, construction companies have become more aware of its need to identify, implement, and sustain performance improvements more systematically. Thus, the objective of this paper is to develop performance management system (PMS) for construction companies. The roles of performance management system is not only measuring performance but also offering guidance to improve performance. Therefore, PMS needs benchmarking process that provides Best Practice and new knowledge. This paper investigates the case of PMSs in UK, USA, Brazil, and Chile and discusses the lessons learned. To overcome the limitations of existing PMSs, new performance measurement framework, in form of 'Construction' BSC, is proposed. Based on the 'Construction' BSC, key performance indicators are derived and methodology of performance management is suggested. This paper concludes by developing PMS for benchmarking in construction companies and recommending some further directions on this research topic.

• 한국경영정보학회:학술대회논문집
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• 2007.06a
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• pp.1023-1029
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• 2007

우리는 국가 경쟁력의 한 분야인 사업관리에 있어 계획, 수행, 성과관리, 개선에 최적의 프로세스 보유가 요구된다. 그러나 Project관리체계의 현 실태는 일정관리, 범위관리, 비용관리에 초점을 맞춘 일정관리체계, WBS(Work Breakdown Structure) 및 OBS(Organizational Breakdown Structure)관리, 비용관리체계의 부분 통합 혹은 서로의 연계 정도이다. 본 연구는 최적의 사업관리를 위하여 계약관리에 체계공학을 연계하여 계약 전에 WBS, IMP/IMS(Integrated Master Plan)/(Integratcd Master Schedule), TPM(Technical Performance Measurement) 등의 SEP(Systems Engineering Plan)와 계약 후의 이행을 검증 할 수 있는 과정의 Guideline을 제시하고, IEEE 1220, ANSI/EIA 632 순기 의거 개념설계부터 통합시험에 이르는 체계공학 순기에 따른 비용예측이 가능한 USC(University of Southern CalIfornia) 대학의 COSYSMO (Constructive Systems Engineering Cost ModeI)를 소개하고 적용 가능성을 고찰하며, Project의 전순기에 걸쳐 TPM 혹은 Quality를 비용과 일정에 통합하여 관리하는 PBEV(Performance Based Earned Value)모델을 소개하고 적용 가능성을 제시한다. Project 관리에 있어 System 차원을 강조한 SE(Systems Engineering), 비용예측의 CM(Cost Management), 성과관리를 위한 EVM(Earned Value Management)의 통합은 사업 관리에 역량을 강화하며 경쟁력을 향상 시킬 수 있는 적절한 접근으로 사료된다.

• Proceedings of the KIEE Conference
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• 1997.07a
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• pp.100-103
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• 1997

Korea Electric Power Corporation (KEPCO) started a fuel cell project to develop alternative sources of electric power because of the rapid increase in power demand and global environmental problems. For the development of a molten carbonate fuel cell (MCFC), KEPCO started the project in 1993 to develop a 2 kW MCFC system and finished it at the end of 1996. In this project, $ASPEN^+$ was utilized to design the 2 kW MCFC generation system. Based on this simulation, a power generation system was designed and installed for operation and a long term test of internally manifolded 2 kW class MCFC stack. This stack has 20 cells with an effective electrode area of $1000\;cm^2$. It was run at 0.84 V and $150\;mA/cm^2$ and was operated for more than 3,250 hours continuously. This paper describes the system configuration and its control and measurement units. An analysis of the stack performance, the effect of gas utilization ratio, and the stack performance requirements are also discussed.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2008.11a
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• pp.682-685
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• 2008

In globalization and information-oriented society, the domestic construction companies are competing with others in domestic and overseas market. To survive in the age of limitless competition, companies have to manage their performance systematically. However, domestic small and medium-sized companies which are holding a large majority don't have their own Performance Management System(PMS) yet. The purpose of this study is to analyze the existing PMS and to extract key drivers for developing PMS. Through case studies of KPI(UK), NBS(Chile), CII BM&M(USA) and SISIND-NET Project(Brazil), the key drivers are derived. Having these key drivers, this study suggested the conceptual model of PMS using benchmarking for small and medium-sized construction companies.

• Journal of Korean Society for Quality Management
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• v.44 no.3
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• pp.639-648
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• 2016

Purpose: Existing precedent studies include success factors of individual management innovation activities constantly. However, those studies have limitations about the common key success factors of individual management innovation activities. Methods: For this study, we investigate the key success factors using literature research of the most typical management innovation activities adopted and implemented by many companies in Korea, such as 6sigma, TQM, Lean 6sigma, ERP, TPM, BPR, Project Management, System Engineering. Factors emerging repeatedly was combined into common factors and inherent factors that are necessary for the success of individual management innovation activities are designated to essential factors. Results: 'Essential factors for Six Sigma' consist of 5 items. Black belt operating system, personnel management system linkage, the correct management of the data, perform improvement projects associated with financial performance financial result, linked to financial performance improvement project, project progress management. 'Essential factors of TQM' are arranged 4 items. Quality team's independence and role, goal-setting, Quality Information System, corporate's philosophy of quality first. 'Essential factors of Lean Six Sigma' are the selection of value stream which is based on the customer needs and the value creation and identify the project based on the selected value in the company. 'Essential factors of ERP' are investigated 6 items. Ongoing system maintenance and upgrades, the measurement and support of user satisfaction, the operating systems and the policies for the maintenance, IT infrastructure, change adaption condition monitoring, focusing on improving business performance. 'Essential factors for TPM' are arranged 4 items. Motivated and energetic Bottom-Up, CEO's recognition of the importance facility management, long-term perspective of necessity and ongoing patience. 'Essential factors for BPR' are the pursuit of change process and the staff's sense of crisis management. 'Essential factors for Project Management' are the strategy that reduce the risk management skills through risk management and the understanding and organized management for the project participant's needs. 'Essential factors for System Engineering' consist of 2 items. The first is the design for the best balanced system with pre-analysis about the compromise the cost, schedule and the performance. The second is the analysis of large problem into small problems which can solved. We have found the solution considering components of the interface through the systematic perspective. Conclusion: Common factors and essential factors presented in this study will properly help to introduce the individual management innovation activities for the each business sector and implement management innovation. After this study, new literature research that reflect new studies should accomplish steadily.

• Journal of Technology Innovation
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• v.21 no.1
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• pp.229-252
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• 2013

The aim for this study is to suggest a practical model to measure the financial values of the achievements from corporate research and development(R&D) projects. Performance indicators for R&D projects were identified from the extensive literature reviews and the evaluation methods to convert them into financial values were proposed to overcome the problems of excessive predictions and subjective expert assessments in existing methods. The proposed model was applied to R&D projects of an IT company in Korea for its validity test. The model is expected to be a turning point in economic evaluation of corporate R&D projects in general due to its practical and reasonable scheme.