• Title/Summary/Keyword: Value Management Process

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Non-Value Adding Activities in South African Construction: A Research Agenda

  • Emuze, Fidelis;Smallwood, John
    • Journal of Construction Engineering and Project Management
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    • v.1 no.3
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    • pp.38-44
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    • 2011
  • The central issue in this particular research is the seemingly inadequate achievement of optimum performance in the construction process, either with respect to value for money for the client and the entire construction supply chain or value in terms of the utility derived from built assets in spite of efforts by government and governmental bodies such as the Construction Industry Development Board (cidb) to increase industry performance. Therefore, based upon an extensive review of related literature, the paper reports on effects and causes of non-value adding activities in the construction industry in general, and South African construction in particular. The research findings indicate that activities that can be referred to as non-value activities are not only prevalent, but they can also be held responsible for performance related issues in terms of cost, time, quality and health and safety (H&S) in construction; and the exploration of pluralism in the research methodology may result in a robust model based upon the system dynamics approach.

A Study on the efficient Operation Policy of Knowledge Management (지식경영의 효율적인 운영방안에 관한 연구)

  • Moon Chang-Soo
    • Management & Information Systems Review
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    • v.14
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    • pp.181-193
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    • 2004
  • This paper is concerned with the study of 'Knowledge Management', a paradigm of thought based on the idea that the future will be a knowledge-centered society. This paper also provides an overview of both 'what to manage' and 'how to manage' if an organization wants to develop in this environment. The process of 'Knowledge Management' begins with a decision. Presented with a myriad of information, of which we can't afford to obtain it all, what information is of value to the organization? Further, by systematically organizing not only the primary information but also that which was accumulated in the process, Knowledge Management is capable of suggesting a value-added plan of action. This research presents the necessary principles needed in order to successfully use Knowledge Management, specifically a harmony between the human and technological aspects. There cannot be a static solution to the problem, as the environment of the enterprise's problem is dynamic in nature. Throughout the process, the enterprise will constantly change its strategy and structure in order to adapt to variable knowledge, technology, strategy, regulations, consumer interest, etc... The essential constant of these problems is the importance of spending on education. Investments in educations help develope a infrastructure for Information Technology, the development of knowledge distribution strategies, and the creation of efficient Knowledge Management policy.

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LEAN CONSTRUCTION MANAGEMENT OF BPIMT(BUILDIN-CONSTRUCTION PROCESS INNOVATION MANAGEMENT TOOLS & TECHNIQUES) THAT BASED VSM &TACT

  • Sang-Hyuk Lee;Chul-Woo Lim;Chang-duk Kim;Sang-Wook Suh;Yoon-Ki Choi;Jae-Youl Chun;Jung-Ho Yu
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.1089-1093
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    • 2005
  • Proving the effect of lean construction has yet to be done for its staying poor basic building though there has been efforts and wants to introduce the theory and concept of lean construction in practical site. Therefore, we need to specify the methods of productivity improvement and construction process through various adaptations in the site. Also, to apply such improvement methods systematically, we need active participation of owners, contractors and supply chain members in relation to construction industry and are also require appropriate methods to adapt. At first, this study thinks over the techniques of lean construction that has been verified through studies carried before. For second, it selects the technique of lean construction with the practicality in the construction site. For third, it is aimed to make a manual of lean process management by the use of TACT and V.S.M. For fifth, it will show the method of management for repeated activity and develop a guide-line and procedure that applies the concept of work sequence and resource equalization to each phase of process management. At last, it will show methods of reflecting V.S.M. to improve and grasp the waste factor from the step of managing an activity process and develop the form to analyze the waste in construction site by mapping the value flow.

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Determination of Target Value under Automatic Vision Inspection Systems (자동시각검사환경하에서 공정 목표치의 설정)

  • 서순근;이성재
    • Journal of Korean Society for Quality Management
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    • v.29 no.3
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    • pp.66-78
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    • 2001
  • This paper deals with problem of determining process target value under automated visual inspection(AVI) system. Three independent error sources - digitizing error, illumination error, and positional error - which have a close relationship with the performance of the AVI system, are considered. Assuming that digitizing error is uniformly or normally distributed and illumination and positional errors are normally distributed, respectively, the distribution function for the error of measured lengths is derived when the length of a product is measured by the AVI system. Then, Optimal target values under two error models of AVI system are obtained by minimizing the total expected cost function which consists of give away, rework and penalty cost. To validate two process setting models, AVI system for drinks filling process is made up and test results are discussed.

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An Empirical Study of Factors Affecting the Value Gap in IS Investment (정보시스템 투자의 성과격차 유발요인에 관한 실증연구)

  • Park Kiho;Cho Namjae
    • Korean Management Science Review
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    • v.21 no.2
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    • pp.145-165
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    • 2004
  • Frequently. lots of organizations have experienced the value discrepancy between the expected value and the realized value from IS (information systems) investments. Being positive or negative the difference is. however, the existence of discrepancy itself is an evidence of less-than-sound management and measurement of IS projects. Analyzing the factors that cause such discrepancy has become an issue of scrutiny both in academia and in practice. We model which factors. as predictors, will affect the value discrepancy, as dependent variables. in IS investment. This research will establish and examine the research model. the validity of category classification of value discrepancy factors and the perceptual level of IS value discrepancy by survey research. As a result of the survey research. the strategic alignment. the proper system design for staffs. the project planning capability. and interdepartmental task cooperation are perceived as the factors that significantly affect the value discrepancy. And known as IS success factors such as the managerial support, the change management, the standardized process. and the competitive investment are not significant factors. The research findings will provide and emphasize useful implications which factors should be deliberately investigated in IS investment both for practices considering IS deployment and for academia.

A Case Study on Constructing Appraisal System of Manuscripts: Focusing on Korea Democracy Foundation Archives (매뉴스크립트 평가체계 구축에 관한 사례 연구 - 민주화운동기념사업회 사료관을 중심으로 -)

  • Kim, Myoung-Hun;Hyun, Jong-Chul
    • Journal of Korean Society of Archives and Records Management
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    • v.8 no.1
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    • pp.45-63
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    • 2008
  • This article shows a case of constructing appraisal system of manuscripts based on records of korean democratization movements. This appraisal system of manuscripts not only intends to select records according to value but also realizes a strategy that maximizes efficacy of resources for record management through distinction of record management process based on value of records. After all, this strategy provides manuscript repositories a beneficial benchmarking case of appraisal system of manuscripts which are confronting with disposing problem of enormous mount of records without original order, and are intending maximization of efficacy of resources for record management through distinction of record management process based on value of records.

The Study on Psychological Process Home Eniveronment and Family Value Orientations of Students (가정의 심리적 과정환경과 대학생의 가족가치관에 관한연구)

  • 고정자
    • Journal of Families and Better Life
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    • v.14 no.1
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    • pp.85-96
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    • 1996
  • The purpose of this study is to investigate the psychological process home environment that students perceived and theirs family value orientations. The subjects of this study were 848 students randomly selected from 6 niversities in Pusan area. The collected data was analysed by following methods : T-test Paired T-test One way Scheffe-test MANOVA and Pearson's correlation coefficients. The following conclusions are derived from the data analysis in this study: First The psychological process home environment that students perceived is achieved opened attracted and autonomous. And theirs family value orientations are somewhat moderns. Second There were significant differences according to religions sibling order SES mother's jobs in the family value orientations Third There were significant correlations beween the psychological process home environment that students perceived and their family value orientations.

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Value Co-creation-based Information Management in the Digital Economy

  • Balaji Gopalan
    • Asia pacific journal of information systems
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    • v.32 no.1
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    • pp.1-31
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    • 2022
  • Personalization and customization of product and service designs involving firms and customers using online design interfaces across the Internet is increasingly being facilitated by brands. Research on the role of information technology and value co-creation across various research disciplines in management has provided learnings on ways to creatively improve products and services by integrating customers and firms in web portals. This paper provides a comprehensive analysis of the specific attributes of value co-creation between customers and firms relevant to business logic, learnings, projects, personalized products and services, social network innovations, brand management and markets across the Internet for the purpose of enhancing information management of value co-creation for industries and research. The paper draws on published research and industry surveys on how value co-creation is growing in the digital economy. An industry survey of managers who use web portals for their business responded to a questionnaire on how various social, economic and intellectual motivation factors of firm-customer interactions result in value co-creation for customers and firms. These motivation factors can lead to improved learning systems for business process improvements and service management for industries, customers and firms and may also be classified.

EFFECTS OF ADOPTING KMS BASED BUSINESS PROCESS MANAGMENT IN DESIGN COMPANIES IN KOREA

  • Jin-Won Hwang;Hyung-Won Choi;Doo-Won Hwang;Young-Woong Song;Hyong-Chul Lim;Yoonki Choi
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1030-1035
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    • 2009
  • The value of intangible assets of a company attracts attention in enterprise management environment drastically changing. Following such a trend, many companies have adopted knowledge management. Especially in construction industry of which success of a project is easily affected by the capacity of various participants and work performers, we may find many cases to which the knowledge managements have been adopted. However, the domestic design companies have tended to be late to introduce the knowledge management or have difficulty in effective use of KMS already constructed. This study suggests KMS based on BPM (Business Process Management) and drives its effects to improve problems mentioned above. We drives the expected effects by studying the existing studies and surveying domestic design companies and suggests Prototype for introducing a real system.

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