• Title/Summary/Keyword: Successful Project

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Identifying success factors in inter-Korean cooperation projects: the World Vision "Seed Potato Project"

  • Kim, Jong-seon;Seong, Jieun
    • STI Policy Review
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    • v.2 no.3
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    • pp.13-22
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    • 2011
  • During the 1990s, North Korea suffered from severe economic hardships in the aftermath of the collapse of the Soviet bloc and massive floods; North Korea is still has not escaped this suffering. South Korea has pursued various inter-Korean cooperation projects to help North Korea open and develop its economy; however, there are limited successful cases for improvement in North Korea. It is imperative to define a long-term strategy through analysis of key success factors for inter-Korean cooperation in order to develop more successful cases of inter-Korean cooperation; however, limited studies have been conducted to analyze successful inter-Korean cooperation projects. This study selects the "Seed Potato Project" (implemented by the World Vision) as a successful case to be analyzed and identifies key success factors for inter-Korean cooperation. As illustrated in previous studies, the results of the analysis of success factors of a "Seed Potato Project" from a trust-building perspective has revealed that this project follows key success factors like openness, integrity, consistency, and benevolence. In the last section of this report, this study also presents important policy implications to develop future successful cases for inter-Korean cooperation.

on the Risk Analysis of Project Finance in BTL Project (주거부문(住居部門) BTL사업(事業)에서 프로젝트금용의 위험분석(危險分析)에 관한 연구(硏究))

  • Song, Kyu-Ryol;Jung, Eul-Kyu;Im, Chil-Soon
    • Journal of the Korean housing association
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    • v.17 no.6
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    • pp.83-90
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    • 2006
  • The purpose of this study is to apply efficiently a successful Project Finance in BTL. To use Project Finance, it is necessary to Risk Analysis of each work step. This Risk Analysis have to repeatedly progress in overall Project Process. The differences between Corporate Finance and Project Finance are remarkably appeared in Risk Allocation and Limited Resource. To use successful Project Finance in construction industry, first, raising project confidence, second, technical : economical : lawful evaluation by Finance Expert, third, Income Guarantee for Lender or Consortium of Lending Banks, forth, Leverage Effect of Project Sponsor must be preceded.

Assessing Critical Quality Metrics for Successful Baseline Construction Scheduling

  • Bivans, John;Choi, Jin Ouk
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.1241-1241
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    • 2022
  • In the current construction industry, difficulty arises in creating an adequate baseline schedule to establish a fundamental plan for construction. This presentation will present the research findings which investigated industry-recognized schedule metrics that aid in the successful implementation of said schedule. Industry organizations (Association for the Advancement of Cost Engineering, the Government Accountability Office, the Project Management Institute, and local city, state, and county government offices) provide standardized guidelines with specific metrics requirements to ensure successful implementation. However, most of those metrics are substantiated or validated in their effectiveness. The study examined the impact between these industry-recognized critical metrics and three distinct scheduling characteristics: Project Type, Project Duration, and Project Density (number of activities within a schedule). The research results showed that, among the 12 various schedules evaluated in parallel with 20 industry-recognized critical metrics, seven metrics substantially demonstrate a significant impact on a project schedule's success. Furthermore, six of the seven metrics directly correlate to at least one of the three scheduling characteristics outlined. As a result, this research has established more predictable outcomes based on impacts between three distinct project characteristics and 20 of the most discussed/researched critical scheduling metrics in the field. This allows management teams to have more confidence in establishing critical milestones and accurate turnover dates from the start of the project through its final completion.

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The Impact of Design-Bid-Build Procurement Methods on Project Performance in Libya

  • Ghadamsi, Alaeddin;Braimah, Nuhu
    • Journal of Construction Engineering and Project Management
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    • v.6 no.2
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    • pp.16-23
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    • 2016
  • The use of inappropriate procurement methods to deliver construction projects has long been acknowledged as a major source of poor project performance and is particularly problematic for the Libyan Construction Industry. Poor procurement method selection has been recognised as a major contributory factor to frequent time and cost overruns. This paper offers a way of selecting specific procurement methods to maximize successful project performance. The methodology involves an intensive review of relevant literature, followed by a semi-structured questionnaire survey. The key findings of the study reveal that 11 out of its 12 common selection criteria exhibit a significant contribution to one or more project performance criteria (time, cost and quality). Project clients should therefore prioritise these criteria when selecting a design-bid-build method. Knowledge of the criteria that contribute positively to project performance will also enable clients to work out, prior to and during construction, the best measures and provisions for successful project outcomes.

The Way to Make Student Project Activity Successful

  • Hanabusa, Takao;Konishi, Masaki;Kiriyama, Satoshi
    • Journal of Engineering Education Research
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    • v.17 no.5
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    • pp.23-27
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    • 2014
  • Student independent project activity is beneficial for enhancing many kinds of abilities, e.g., team working, collaboration, communication, presentation, creativity, leadership, and so on. More than ten project teams actively perform every year in the Center for Innovation and Creativity Development of The University of Tokushima. The project management workshop was planned in order to make project activity successful. In this workshop, the team members studied the importance of holding a common objective among them and of making a clear plan for achieving the activity. They practiced brainstorming method and KJ method and experienced a PDCA cycle. The team activity will be fruitful on the basis of the project management method.

성공적 SCM 시스템 구축에 미치는 영향요인에 관한 연구 - 관계역량 매개와 경쟁강도 조절효과를 중심으로 -

  • Kang, Seong-Bae;Mun, Tae-Su;Jeong, Yun
    • 한국경영정보학회:학술대회논문집
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    • 2008.06a
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    • pp.701-711
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    • 2008
  • SCM(Supply Chain Management) is one of the important issues in internet-based business environment. This study intends to suggest a research model to investigate the influence of environmental, organizational, technical factors on successful SCM system implementation. The purpose of this study is to analyze the influence of the organizational characteristics of SCM adoption on successful implementation of SCM systems, including the moderating effects of competitiveness. 122 companies data were collected by survey. The results of hypothesis testing showed that project management is the most important determinants to influence successful SCM system implementation. In addition to that, top management support, IS maturity have positive influence to successful implementation of SCM systems in direct effect model. Also, the results of hypothesis testing in moderating effect model show that competitiveness has a positive impact to successful implementation of SCM systems.

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Emotional Intelligence and Project Success: The Roles of Transformational Leadership and Organizational Commitment

  • DOAN, Thuy Thanh Thi;NGUYEN, Linh Cam Tran;NGUYEN, Thanh Dan Ngoc
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.3
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    • pp.223-233
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    • 2020
  • The paper aims to examine the relationship of emotional intelligence on the project success, the causal relationship between emotional intelligence and project success, and also investigate the influence of emotional intelligence and the mediating role of transformational leadership as well as the moderating effect of organization commitment on the relationship between emotional intelligence and project success. Cross sessional research is applied to collect the data in this study. By applying quantitative research and survey question, the study collects 325 respondents who are the project managers. Snow-ball sampling method is used to distribute the questionnaires by face to face survey (68% of respondents) and online survey (32% of respondents). The collected data is analyzing by applying partial least square (PLS-SEM) via software SmartPLS 3.0.The result shows that the emotional intelligence and the transformational leadership making the project even more successful as the mediation actor. Furthermore, the project commitment also has the moderator effect between transformational leadership and project success. With the result of study, project managers should be aware of the importance of emotional intelligence and their commitment to the ability to manage projects successfully. A successful project is a combination of many actors, the most critical actor is the leader of the project.

A Study on Self-Assessment Model Development for the Local-Industry Promotion Project (향토산업육성사업의 자가진단모델 개발에 관한 연구)

  • Son, Eun-Il;Satohi, Hoshino
    • Journal of Korean Society of Rural Planning
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    • v.18 no.3
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    • pp.43-55
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    • 2012
  • This study proposes a self-assessment model and its implementing procedure for the local industry promotion project, the purpose of which is to develop strategies for successful carrying-out of the project by diagnosing carrying capacities of its interested parties. The model, developed principally based on Eckes' $Q{\times}A=E$ Evaluation Model, was applied to 85 project-concerned persons which had been participated in the local industry promotion project from 2009 to 2011. Through the applicability test works of this model, its usefulness and importance for better implementation of the project was ascertained, especially to reflect cultural changes of project actors positively. The actors' recognition level of the project should be one of the critical factors for the successful implementation of the local industry promotion project. So, the higher understanding in the local industry promotion project, the more positive assessment in all respects of the project. Finally, it should be considered that the assessment results might differ for the same assessment standards from assessers' different perspectives.

Identification of Factors Affecting Time and Cost Performance in Vietnam Construction Projects

  • Long, Le-Hoai;Lee, Young-Dai;Lee, Jun-Yong
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.728-731
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    • 2007
  • In-planned duration and cost at project closing are the two of criteria of successful project and successful project management. In Vietnam, regularly, construction projects are delayed and their costs are overrun. This research employed a questionnaire survey to elicit the causes of this situation by interviewing 87 Vietnamese construction experts. After processing data, 21 causes of delay and cost overruns appropriate with building and industrial project in construction stage were inferred and ranked. Spearman's rank correlation tests showed that there're no differences in the viewpoints between parties in project.

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A Study of Project Selection Criteria and Models for Computerization of Governmental Administration (행정업무(行政業務)의 전산화(電算化)를 위한 선정기준(選定基準) 및 모형(模型))

  • Lee, Jin-Ju;Park, Yeong-Tak
    • Journal of Korean Institute of Industrial Engineers
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    • v.3 no.2
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    • pp.63-72
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    • 1977
  • The trend of computerization is significant in Korea even at its beginning stage, especially for governmental administration. However, full-fledged success of computerization in an organization is reported to be rare while the cost of computerization has been high and increasing. This paper is concerned with two features for the successful implementation of a computerized system in an organization selection criteria for the computerization among the possible candidate projects and project selection models. Due to the dearth of literature regarding successful implementation of computerization, other sources of literature with respect to R & D management, method engineering, etc. were reviewed to develop a set of factors influencing successful computerization. Thus, project selection criteria for computerization of governmental administration are developed and organized as follows: cost of computerization project including both system development and operating cost, quanitative and qualitative benefits of computerization project, probability of technical and implementation success of computerization and other organizational and political factors to be considered. These criteria are broken down into detailed sets of subcriteria to be measured. To select a project after thorough consideration of the selection criteria, a project selection model which takes into account all criteria together has to be developed. In the study three project selection models are suggested and developed. They are the checklist model, multi-stage cut-off model, and composite criteria model. A detailed procedure for each of the three models is illustrated. Although the project selection criteria and models are developed here primarily for the computerization of governmental administration, they are easily applicable to other settings of computerization. Finally, some caveats for the use of selection criteria and models are discussed.

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