• Title/Summary/Keyword: Quantitative Process Management

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A Study on the Improvement of the Test Process for Defense Systems Based on Quantitative Management (정량적 관리 기반 무기체계 시험업무 프로세스 개선 연구)

  • Tae Heum Na;Joo Yeoun Lee;Young Min Kim
    • Journal of the Korean Society of Systems Engineering
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    • v.20 no.spc1
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    • pp.1-11
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    • 2024
  • Today, the importance of test and evaluation of defense systems is increasing day by day. In performing efficient defense systems test works, process improvement based on quantitative management is essential. The purpose of this paper is to present the results of process improvement for the defense systems test works of the test organization based on quantitative management activities. As a methodology to confirm process improvement performance, the 'MPM(Managing Performance and Measurement)' practice area of the CMMI model was applied. The quantitative management model for defense systems test works was developed so that it could be practically applied not only to the entire test organization but also to the organization at the department level that actually performs the test work. Finally, the application cases of the quantitative management model for defense system test works and the results of process improvement were described.

Cost-Benefit Analysis for Safety Management Cost using Quantitative Risk Analysis (정량적 위험성 평가에 의한 안전관리 투자의 비용-편익분석)

  • 장서일;조지훈;김태옥
    • Journal of the Korea Safety Management & Science
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    • v.4 no.4
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    • pp.15-26
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    • 2002
  • The quantitative evaluation method of the safety management cost was suggested to prevent a gas accident as a major industrial accident. In a gas governor station, process risk assessments such as the fault tree analysis(FTA) and the consequence analysis were performed. Based on process risk assessments, potential accident costs were estimated and the cost-benefit analysis(CBA) was performed. From the cost-benefit analysis for five classification items of safety management cost, the order of the cost/benefit ratio was estimated.

A Study on the Quantitative Management Scheme of Weapon Systems T&E (무기체계 시험평가업무 정량적 관리방안 연구)

  • Jang, Yongsik;Bang, Heejin;Han, Sunghee;Kim, Jaekab
    • Journal of the Korea Institute of Military Science and Technology
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    • v.19 no.1
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    • pp.16-25
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    • 2016
  • In this paper, we suggest a quantitative management scheme to accomplish effective weapon systems test and evaluation service(T&E). The Capability Maturity Model Integration(CMMI) process model has been introduced and applied for that purpose by the 8th directorate, Agency for Defense Development(ADD). Although a CMMI process model was developed focusing on the software development, systematic approaching scheme in the CMMI process model can be utilized for the quantitative management implementation of a weapon systems T&E service. To manage a T&E service quantitatively, at first, organizational performance objectives and sub processes are established, and then each performance indicators and performance base lines are followed.

A Study on S/W Development Process Improvement based on CMMI's Quantitative Project Management (CMMI의 정량적 프로젝트 관리에 기반한 S/W 개발 프로세스 개선에 관한 연구)

  • Lee, Don-Hee;Oh, Jae-Kon;Kim, Jeong-Joon
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.18 no.3
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    • pp.101-110
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    • 2018
  • In order to The certification of CMMI level is positioned as the most important part of software development company competitiveness. From that point, you will be able to find the various CMMI based process improvement activities of the companies in the above. This paper presents the activity method, such as organization, process application method for the CMMI based process improvement, through the field application. Based on that, this paper enables you to understand the model application method. And we also carry out the application case analysis of defect management with the schedule/effort analysis and colleague's check activity to show the improvement effectiveness, based on the quantitative analysis. And we present the problem and improvement part of real application. The result of this paper will be used to understand the effectiveness of quantitative process management, mentioned in the CMM. And furthermore, we also expect this paper to be useful for the organization to improve the process based on CMM in the future.

The Antecedents of Software Process Improvement for Organizational Capability Maturity and Performance (조직 성숙도 수준과 성과 향상을 위한 소프트웨어 프로세스 개선의 성공 요인)

  • Kim, Injai;Choi, Jaewon
    • Knowledge Management Research
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    • v.16 no.2
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    • pp.227-248
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    • 2015
  • SPI (Software Process Improvement) activities have been considered one of the crucial approaches to achieve high quality, productivity and timely delivery of software products and services. The basic premise of SPI model is that higher maturity levels lead to better performance. In this research, the relationships between SPI results and performance were empirically investigated with Korean software companies. CMM key process areas were categorized into two dimensions, "Process Implementation" and "Quantitative Management". The relationship between process implementation and performance was significant, but the relationship between quantitative management and performance was insignificant. The control variable, size of OU(Organizational Unit), did not have significant impact on the relationships between SPI activities and OU performance.

The Effect of Software Process Improvement on Organizational Performance (소프트웨어 프로세스 개선활동이 조직성과에 미치는 영향)

  • Yoon Jae-Wook;Kim In-Jai
    • Journal of the Korean Operations Research and Management Science Society
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    • v.31 no.1
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    • pp.37-53
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    • 2006
  • SPI (Software Process Improvement) activities have been considered one of the crucial approaches to achieve high quality, productivity and timely delivery of software products and services. The basic premise of SPI model is that higher maturity levels lead to better performance. In this research, the relationships between SPI results and performance were empirically investigated with Korean software companies. CMM key process areas were categorized into two dimensions, 'Process Implementation' and 'Quantitative Management'. The relationship between process implementation and performance was significant, but the relationship between quantitative management and performance was insignificant. The control variable, size of OU(Organizational Unit), did not have significant impact on the relation ships between SPI activities and OU performance.

The Development of Quantitative Audit System for Safety Management Systems based on Accident Database (사고 데이터베이스를 활용한 안전 관리 시스템의 정량적 Audit 시스템 개발)

  • Ahn, Sung Joon;Lee, Chang Jun
    • Journal of the Korean Society of Safety
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    • v.28 no.1
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    • pp.40-46
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    • 2013
  • In the chemical process industries, accidents have a high potential and large effects on catastrophic results. Therefore the safety management for accident prevention plays a crucial role to guarantee the process safety. For these reasons, many systematic methods for safety management system have been widely employed in the fields of chemical processes. PSM (Process safety management) is one of most representative methods. The audit system, which is one of PSM system components, evaluates the performance of PMS system. However, most existing safety audit systems are not systematic and these are performed based on knowledges and experiences of various specialist. Moreover, the safety audit is only performed based on each independent technical component. So, the results of safety audit are not a quantitative index but only a series of commentaries. Finally, it is very difficult to obtain the comparison with other plants or industries. In this study, the novel systematic method and index-based accident database of auditing safety management systems for quantitative assessment are proposed. First, the elements of safety audit replace technical methods to categories of accident database. The F-N curve of each category for accident database is employed to derive the index for quantitative assessment. The Accidental Factor Risk Index (AFRI) is suggested for evaluating the effect of each element in accident database and safety audit system. The safety audit can be modified according to the proposed index.

A rolling analysis on the prediction of value at risk with multivariate GARCH and copula

  • Bai, Yang;Dang, Yibo;Park, Cheolwoo;Lee, Taewook
    • Communications for Statistical Applications and Methods
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    • v.25 no.6
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    • pp.605-618
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    • 2018
  • Risk management has been a crucial part of the daily operations of the financial industry over the past two decades. Value at Risk (VaR), a quantitative measure introduced by JP Morgan in 1995, is the most popular and simplest quantitative measure of risk. VaR has been widely applied to the risk evaluation over all types of financial activities, including portfolio management and asset allocation. This paper uses the implementations of multivariate GARCH models and copula methods to illustrate the performance of a one-day-ahead VaR prediction modeling process for high-dimensional portfolios. Many factors, such as the interaction among included assets, are included in the modeling process. Additionally, empirical data analyses and backtesting results are demonstrated through a rolling analysis, which help capture the instability of parameter estimates. We find that our way of modeling is relatively robust and flexible.

The Moderating Effects of Software Policy between Organizational Capability Maturity and Organizational Performance (조직성숙도와 조직성과 간의 소프트웨어 정책의 효과분석)

  • Oh, Wongeun;Kim, Injai
    • Journal of Information Technology Services
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    • v.16 no.4
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    • pp.65-75
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    • 2017
  • The purpose of this study is to investigate how software policy shows the moderating effects between organizational capability maturity and organizational performance. The software policy includes the proportions of development personnel and development budget that can affect organizational performance. It is important to empirically identify whether the ratios of budget and personnel, which are some of the main policy indexes of the organization can promote the causal relationship between organizational maturity and organizational performance. These personnel and budget may be assumed to affect the causal relationship between organizational capability maturity and organizational performance. The results of this study shows that the moderating effects of software policy are partially proved. The two policy indexes, personnel ratio and budget ratio, showed a moderating effect between process implementation and organizational performance, but did not show any moderating effect between quantitative management and organizational performance. This is because the companies participating in the survey are still in the early stages of quantitative process management and quantitative management does not show the differentiated results among the participating organizations. The significance of this study is as follows. In the academic aspect, the causal relationship between organizational maturity and organizational performance was examined empirically, and it was analyzed whether the two adopted policy indicators have a moderating effect between organizational maturity and organizational performance. On the practical side, the analysis suggested that the ratios of budget and personnel emphasized by the government or organization played a role of facilitating the organizational maturity and organizational performance.

Comparison and Application of Process Capability indices (공정능력지수에 대한 비교와 적용)

  • Chung, Young-Bae;Kim, Yon-Soo
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.30 no.4
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    • pp.182-189
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    • 2007
  • Process Capability indices(PCIs) have been widely used in manufacturing industries to provide a quantitative measure of process performance. PCIs have been developed to represent process capability more exactly. The traditional process capability indices Cp, Cpk, Cpm, $Cpm^+$ have been used to characterize process performance on the basis of univariate quality characteristics. Cp, Cpk consider the process variation, Cpm considers both the process variation and the process deviation from target and $Cpm^+$ considers economic loss for the process deviation from target In the previous studies, only one designated location on each part is measured. System process capability index even though in single process, multiple measurement locations on each part are required to calculate the reliable process capability. In manufacturing industry, there is growing interest in quantitative measures of process variation under multivariate quality characteristics. The multivariate process capability index incorporates both the process variation and the process deviation from target or considers expected loss caused by the process deviation from target. In this paper, we compare various process capability indices and propose the application method of PCIs.