• Title/Summary/Keyword: Strategic Planning Model

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A Fuzzy Logic Based Software Development Cost Estimation Model with improved Accuracy

  • Shrabani Mallick;Dharmender Singh Kushwaha
    • International Journal of Computer Science & Network Security
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    • v.24 no.6
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    • pp.17-22
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    • 2024
  • Software cost and schedule estimation is usually based on the estimated size of the software. Advanced estimation techniques also make use of the diverse factors viz, nature of the project, staff skills available, time constraints, performance constraints, technology required and so on. Usually, estimation is based on an estimation model prepared with the help of experienced project managers. Estimation of software cost is predominantly a crucial activity as it incurs huge economic and strategic investment. However accurate estimation still remains a challenge as the algorithmic models used for Software Project planning and Estimation doesn't address the true dynamic nature of Software Development. This paper presents an efficient approach using the contemporary Constructive Cost Model (COCOMO) augmented with the desirable feature of fuzzy logic to address the uncertainty and flexibility associated with the cost drivers (Effort Multiplier Factor). The approach has been validated and interpreted by project experts and shows convincing results as compared to simple algorithmic models.

A Study on the Relationship between Activities of the Information Technology Governance and IS Performance, Corporate Performance (IT 거버넌스 활동과 정보시스템 성과 및 조직성과간의 관계에 관한 연구)

  • Lee, Jae-Beom;Kim, Seong-Yoon;Jang, Yun-Hi
    • Journal of Digital Convergence
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    • v.9 no.5
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    • pp.235-251
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    • 2011
  • Despite the increasing importance of information technology in firms, the extent to which IT governance are established varies widely across the firms. To perform desirably the role of IS needed in most companies, high level of IT governance and the effective management should precede. However, the impacts of such activities and management on the IT governance have not been empirically examined in depth until now. Thus, building on the theory of governance and the institutionalization, the research model and the hypotheses of the study were formed and then empirically tested. The study used a survey of senior IT managers from 108 firms in order to examine hypothesized relationship among the following constructs: strategic alignment, IT governance committee, IT planning, EA, PMO, SLM, IT compliance, incident management, IS effectiveness, visibility, and corporate performance. A structural equation model is developed by using LISREL to assess the relative effects and interrelationship among these constructs. The results show that strategic alignment has positive influence on IT governance committee and IT planning. IT governance committee, IT planning, SLM, incident management from IT governance activities have positive effects on IS effectiveness, whereas IT compliance has a negative effect on IS effectiveness. Visibility is positively influenced by IT planning, EA, SLM. IT compliance, and both IS effectiveness and visibility have positive effects on corporate performance.

A SD approach to the Efficiency Improvement of Electric Power Industry in Korea: Focused on the Nuclear Industry (시스템 다이내믹스(SD)에 의한 국내 전력산업의 효율성 제고에 관한 연구: 원자력산업을 중심으로)

  • Lee, Myoung-Ho;Lee, Hee-Sang;Jang, In-Sung;Choi, Bong-Sik;Huh, Hoon
    • Journal of the Korean Operations Research and Management Science Society
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    • v.26 no.2
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    • pp.99-109
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    • 2001
  • In this study, we tried to build a model which can deal with the efficient and effective operation of electric power industry, especially focused on the nuclear industry. Here, SD (System Dynamics) approach is used to visualize the underlying phenomenon of the nuclear power industry. SD is a methodology for studying and managing complex feedback systems, such as one finds in business and other social systems. The spend of SD applications has grown extensively and now encompasses work in corporate planning and policy design, public management and policy, biological and medical modeling, energy and the environment. Recently, according to the report from KEPCO (Korea Electric Power Corporation), they are considering delaying a new power plant construction. It may be based upon business fluctuation downsized from Korean economic crisis in 1997 and freezing of construction funds due to unstable foreign exchange rate. At this point, we need disparately a kind of strategic model that would contribute to cope with the current business situation, energy generation, production, and resulting pollution. Specifically, this model, using SD approach, starts with the detailed drawing of influence diagram, which describes those relevant key points on nuclear power generation systems in electric power industry of Korea. These include such factors as the operation of nuclear industry and parameters related to the decision making for business policy. Based upon the above-mentioned influence diagram drawn, we developed SD simulation model to evaluate and analyze strategic management of KEPCO. Based on our analysis, we could demonstrate how simulation model can be applied to the real electric power generation in Korea.

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Water Resources Management Challenge in the Citarum River Basin, Indonesia

  • Wicaksono, Albert;Yudianto, Doddi;Jeong, Gimoon;Kang, Doosun
    • Proceedings of the Korea Water Resources Association Conference
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    • 2016.05a
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    • pp.198-198
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    • 2016
  • The Citarum River Basin is the biggest river basin in West Java Province, Indonesia and it plays strategic roles in providing water for irrigation, domestic and industrial uses, and power generation, besides controlling the flood during rainy season. Flowing through seven major cities makes the river flow and water demand are vulnerable to land use change around the river. The present water resources management has involved the regulator, operator, and users in deciding an appropriate water management plan for the entire basin. The plan includes an operation plan for three reservoirs, construction or maintenance of the river channel, and water allocation for all users along the river. Following this plan, a smaller operation group will execute and evaluates the plan based on the actual flow condition. Recently, a deforestation, environment degradation, river sedimentation, a rapid growth of population and industry, also public health become new issues that should be considered in water basin planning. Facing these arising issues, a new development program named ICWRMIP was established to advance the existing management system. This program includes actions to strengthen institutional collaboration, do the restoration and conservation of the river environment, improve water quality and public health, also advance the water allocation system. At present, the water allocation plan is created annually based on a forecasted flow data and water usage prediction report. Sometimes this method causes a difficulty for the operator when the actual flow condition is not the same as the prediction. Improving existing system, a lot of water allocation studies, including a development of the database and water allocation simulation model have been placed to help stakeholders decide the suitable planning schemes. In the future, this study also tries to contribute in advancing water allocation planning by creating an optimization model which ease stakeholders discover a suitable water allocation plan for individual users.

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Strategy Planning of Digital Shipbuilding Simulation byWorkflow Analysis of Production Planning in a Shipyard (조선소 생산계획 업무 프로세스 분석을 통한 디지털 선박생산 시뮬레이션 적용 전략 수립)

  • Lee, Kwangkook
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.17 no.8
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    • pp.1761-1768
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    • 2013
  • Digital shipbuilding is a technology to reduce the total cost and lead time inevitably made by reschedule and rework in a shipyard. Strategic planning should be undertaken in order to have an effect on the applicable field. We aim at planning a strategy of digital shipbuilding technology by analysis of production planning workflow in this paper. In the basis of BPR methodology, the as-is business process is analyzed to build an workflow model, and derive the bottleneck business process. We dig into the inside details of the process to illustrate an diagram of the core improvement opportunities, and perform process simulation not only to create the application scenarios but also to expect the main effects. The application strategy will make a basic sketch to save both the production cost and time for high quality products in the shipyards.

A Goal Programming Model for Guard Soldier Scheduling (목표계획법을 이용한 경계부대 근무편성에 관한 연구)

  • Kim, Hak-Young;Ryoo, Hong-Seo
    • Journal of the military operations research society of Korea
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    • v.32 no.2
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    • pp.21-39
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    • 2006
  • This paper presents a mixed linear and integer goal programming (GP) model to aid in strategic planning and scheduling of guard soldiers. The proposed model is a general-purpose model, hence can be used to produce an optimal schedule with respect to any user-provided combination of guard post objectives and soldier preferences. We extensively test the usefulness of the model on a real-life dataset from a guard post in the ROK Army with using three objectives set by the guard post and three preferences provided by individual solders. Numerical results and analysis from these experiments show that the proposed guard scheduling model efficiently as well as effectively generates an optimal guard schedule and can also be used for an optimal revision of any existing schedule. In summary, these illustrate that the proposed model can be practically used for optimal planning and scheduling of guard soldiers in guard posts.

Calculation of Greenhouse Gas and Air Pollutant Emission on Inter-regional Road Network Using ITS Information (지능형교통체계(ITS) 정보를 이용한 지역 간 도로의 온실가스 및 대기오염물질 배출량 산정)

  • Wu, Seung Kook;Kim, Youngkook;Park, Sangjo
    • Journal of Korean Society of Transportation
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    • v.31 no.3
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    • pp.55-64
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    • 2013
  • Conventionally, greenhouse gas (GHG) emissions in the transport sector have been estimated using the fuel consumption (i.e. Tier 1 method). However, the GHG emissions on road networks may not be practically estimated using the Tier 1 method because it is not practical to monitor fuel consumption on a road segment. Further, air pollutant emissions on a road may not be estimated efficiently by the Tier 1 method either due to the diverse characteristics of vehicles, such as travel speed, vehicle type, model year, fuel type, etc. Given these conditions, the goal of this study is to propose a Tier 3 level methodology to calculate $CO_2$ and $NO_X$ emissions on inter-regional roads using the information from ITS infrastructure. The methodology may avoid the under-estimation issue caused by the concavity of emission factor curves because the ITS speed or volume information is aggregated by a short time interval. The proposed methodology was applied to 4 road segments as a case study. The results show that the management of heavy vehicles' speed is important to control the $CO_2$ and $NO_X$ emissions on road networks.

Developing the Business Strategic Planning Model for Cultural Contents Industry (문화콘텐츠산업 경영전략 수립 모델 개발)

  • Kwon, Hyeog-In;Lee, Jae-Hwa;Jung, Soon-Gyu
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.4
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    • pp.1885-1894
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    • 2014
  • The purpose of this study was to understand various cultural contents industry and current status for the managerial activities of governmental agencies and business corporations. Moreover, it was to develop model that guides to establish management strategy for future sustained growth. In this study, convenient matrix model was developed. As a result of FGI of experts who works in cultual contents industry, two axes of 'Industry attractiveness' and 'Technology strength' were deduced as main measurement factors and twenty-nine detail factors were deduced. After that those detail factors were deduced through two-time survey aimed cultural contents industry experts. To find out importance of each factor, AHP method was used. This study suggests the model that measure present level of cultural contents industry. Furthermore, we figured out feature each faces of matrix to suggest business strategy guide for future sustained growth. Then we defined the faces of matrix and suggested activities what had to do to governmental agencies and business corporations. We figure out feature of cultural contents industry through this study and contribute management activities of related organization by suggesting business strategic planning model which is not existed until now for cultural contents industry.

An Analysis on Enterprise Competitive Advantage Determination Factors to Effect Enterprise Results for Each SaaS Business Model: focusing on Group-Wares, POS-System, CRM and ERP (SaaS 비즈니스 모델별 서비스 기업 경쟁력 결정 요인분석: 그룹웨어, POS 시스템, CRM 및 ERP를 중심으로)

  • Kim, Shin-Pyo;Lee, Choon-Yeul
    • Journal of Digital Convergence
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    • v.6 no.2
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    • pp.65-76
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    • 2008
  • Recently, software distribution method, along with advent of era of Web 2.0, is rapidly evolving from ASP(Application Service Provider) method into SaaS(Soft as a Service) method due to development in concepts and technologies including SOA(Service Oriented Architecture) Web Service, On Demand and Component. Determining factor in market competitiveness of newly emerging SaaS business model will be analyzed by focusing on Group-Wares, POS(Point of Sale) System, CRM(Customer Relationship Management) and ERP(Enterprise Resource Planning), which are the most representative SaaS business models in Korea. It is anticipated that the outcome of analysis of determining factors for market competitiveness for each of the main SaaS Business Models acquired through questionnaire survey can be utilized as important benchmarking material in setting the direction of cultivating SaaS market by the government as well as new entries into SaaS market.

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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.