• 제목/요약/키워드: and project

검색결과 18,876건 처리시간 0.044초

A View from the Bottom: Project-Oriented Risk Mining Approach for Overseas Construction Projects

  • Lee, JeeHee;Son, JeongWook;Yi, June-Seong
    • 국제학술발표논문집
    • /
    • The 6th International Conference on Construction Engineering and Project Management
    • /
    • pp.97-100
    • /
    • 2015
  • Analysis of construction tender documents in overseas projects is a very important issue from a risk management point of view. Unfortunately, majority of construction firms are biased by winning contracts without in-depth analysis of tender documents. As a result, many contractors have incurred loss in overseas projects. Although a lot of risk analysis techniques have been introduced, most of them focus project's external unexpected risks such as country conditions and owner's financial standing. However, because those external risks are difficult to control and take preemptive action, we need to concentrate on project inherent risks. Based on this premise, this paper proposes a project-oriented risk mining approach which could detect and extract project risk factors automatically before they are materialized and assess them. This study presents a methodology regarding how to extract potential risks which exist in owner's project requirements and project tender documents using state of the art data analysis method such as text mining, data mining, and information visualization. The project-oriented risk mining approach is expected to effectively reflect project characteristics to the project risk management and could provide construction firms with valuable business intelligence.

  • PDF

정보시스템 프로젝트의 성과영역별 위험요인에 관한 탐색적 연구 (Exploratory Study on Risk Factors by Project Performance Areas in Software Project Management)

  • 이석준;김혜정;서현석
    • Journal of Information Technology Applications and Management
    • /
    • 제11권4호
    • /
    • pp.103-120
    • /
    • 2004
  • Identifying validated risk factors in software risk management is imperative for project managers. Although validated risk lists were provided by previous researchers, risk list associated with software project performance areas was not provided as yet. This paper represents a first step toward understanding risk lists by various project performance areas (time, cost, and quality) to help project managers alleviating the possibility of software project failure. Four simultaneous exploratory surveys were conducted with 29 experienced software project managers. Three different risk factor ranking sets for each project performance area were compared with, the risk ranking, which was provided without clarifying specific project performance areas. The risk lists and their corresponding perceived importance were different from previous research results. This implies that identifying risk factors for specific project performance areas can provide additional information for project managers. We concluded by discussing implications of our finds for both research and improving risk management practice.

  • PDF

IDENTIFICATION OF SIGNIFICANT CRITERIA FOR SELECTION OF CONSTRUCTION PROJECT MANAGERS IN IRAN

  • Abbas Rashidi;Fateme Jazebi;Mohamad Hassan Sebt
    • 국제학술발표논문집
    • /
    • The 3th International Conference on Construction Engineering and Project Management
    • /
    • pp.1564-1569
    • /
    • 2009
  • Project managers play a key role in cost, time, and quality of a project. Selection of an appropriate project manager, therefore, is considered as one of the most important decisions in any construction project. It should be noted that most important decision makings are carried out by the project manager throughout the project. Traditionally, project manager selection in construction companies in Iran is through organizing an interview with candidates and selecting the most appropriate choice in accordance with the capabilities, potentials and individual specifications coupled with the requirements of the project. In the same direction, organizing interview on selection of appropriate candidate is usually carried out by senior managers of companies. Determination of the most important criteria for selection of project managers and also identification of significance coefficient of each criterion can highly help senior managers of companies to make sound selection decisions. In this paper, a numerical model has been considered for determination of significance of each criterion, details of which are submitted for selection of project manager in Iranian petrochemical, oil and gas sector companies. For this reason, all criteria- considered by senior managers of the companies under study- are first determined. Then, information obtained through 38 interviews, conducted by senior managers of the mentioned companies while selecting project manager, is analyzed. Significant coefficient of each criterion is calculated through the accumulated data using fuzzy curves method.

  • PDF

글로벌 프로젝트 파이낸스 최근 동향 및 상업위험 분석 (Global Project Finance Trends and Commercial Risk Analysis)

  • 김상만
    • 무역상무연구
    • /
    • 제61권
    • /
    • pp.273-302
    • /
    • 2014
  • Project finance ("PF") is a method of raising long-term debt financing based on lending against the cash flow generated by the project alone. Project finance is a nonrecourse or limited recourse financing structure against the sponsors(or the investors). The debt terms in a project finance are not based on the creditor's credit support or on the value of the assets of the project. Lenders rely on the future cash flow to be generated by the project for debt repayment and interest, rather than the value of the project or the credit ratings of the sponsors. The non-recourse or limited recourse financing usually prompt potential project finance lenders to assess carefully all possible risks that might arise in a project to ensure that those risks are mitigated and controlled. In this respect, project finance is a opposite financing method of corporate finance. Project finance has rapidly grown over the last 20 years due to the worldwide process of privatization of public sector and development of natural resources. Global project finance volume reached the record USD 406.5 billion in 2011. In 2012, however, Global project finance volume dropped 6% to USD 382.3 billion. Infrastructure overtook Energy to lead all sectors with USD 113.6 billion. It is generally recognized that there are more and higher risks in project finance compared with corporate finance. Project finance is exposed to commercial risks as well as political risks. The main commercial risks are completion risks, environmental risks, operating risks, input supply risks, revenue risks, etc, and the main political risks are currency convertibility and transfer risks, expropriation risks, war and civil disturbance risks, risks of breach of government concession agreement, etc. Completion risks include permits risks, risks relating to the EPC Contractor, construction cost overrun, delay in completion, inadequate performance on completion, etc.

  • PDF

NEW TREND OF SCHEDULING IN LINEAR CONSTRUCTION PROJECT

  • S. Sankar;J. Senthil
    • 국제학술발표논문집
    • /
    • The 1th International Conference on Construction Engineering and Project Management
    • /
    • pp.917-923
    • /
    • 2005
  • Scheduling is one of the main functions in construction project to determine the sequence of activities necessary to complete a project. The scheduling techniques provide important information crucial to a project's success. Highway construction project the paving activity can be considered a linear activity. Linear scheduling technique may be better suited for linear projects than other scheduling techniques. A new type of scheduling in linear project is calling Linear Scheduling Model (LSM). The Project monitoring and controlling is very ease to identify that all the stage of linear project and have more advantages.

  • PDF

Cradle to Gate Emissions Modeling for Scheduling of Construction Projects

  • Sharma, Achintyamugdha;Deka, Priyanka;Jois, Goutam;Jois, Umesh;Tang, Pei
    • 국제학술발표논문집
    • /
    • The 9th International Conference on Construction Engineering and Project Management
    • /
    • pp.975-983
    • /
    • 2022
  • This paper presents an innovative way of integrating scheduling and project controls with the environmental impact of a construction project to track, monitor, and manage environmental emissions at the activity level. As a starting point, scheduling and project controls help monitor the status of a project to provide an assessment of the duration and sequence of activities. Additionally, project schedules can also reflect resource allocation and costs associated with various phases of a construction project. Owners, contractors and construction managers closely monitor tasks or activities on the critical path(s) and/or longest path(s) calculated through network based scheduling techniques. However, existing industry practices do not take into account environmental impact associated with each activity during the life cycle of a project. Although the environmental impact of a project may be tracked in various ways, that tracking is not tied to the project schedule and, as such, generally is not updated when schedules are revised. In this research, a Cradle to Gate approach is used to estimate environmental emissions associated with each activity of a sample project schedule. The research group has also investigated the potential determination of scenarios of lowest environmental emissions, just as project managers currently determine scenarios with lowest cost or time. This methodology can be scaled up for future work to develop a library of unit emissions associated with commonly used construction materials and equipment. This will be helpful for project owners, contractors, and construction managers to monitor, manage, and reduce the carbon footprint associated with various projects.

  • PDF

파이로 프로젝트에 프로젝트 관리 적용 방안 (Application of Project Management on Pyro Project)

  • 김정국;김혁종;고원일;구정회;남효온
    • 시스템엔지니어링학술지
    • /
    • 제13권2호
    • /
    • pp.26-33
    • /
    • 2017
  • Pyro project, one of complex project, is now under research and development. To manage this kind project successfully, it is essential to apply the processes of technical management (TM) based on systems engineering (SE) and project management (PM). In this paper, the project management processes from ISO-21500 standard, PMBOK guide, and PRINCE2 guide were reviewed, and then some common PM for the large national R&D project were selected. An integrated technical management and project management frame work was finally established and suggested for Pyro project.

A Progress-based Expert System for Quantitative Assessments of Project Delay

  • Yoo, Wi Sung
    • Architectural research
    • /
    • 제10권1호
    • /
    • pp.41-48
    • /
    • 2008
  • Construction projects have frequently exceeded their schedule despite reliable estimates at the start of a project. This problem was attributed to unpredictable causes at the beginning and to shortage of proper tools to accurately predict project completion date. To supplement this difficulty, project managers need a comprehensive system that can be employed to monitor the progress of an ongoing project and to evaluate potential delay for achieving the goal on time. This paper proposed a progressive-based expert system for quantitative assessments of project delay at the early stages of the execution. Furthermore, the system is used to inspect the change of the uncertainty on completion date and its magnitude. The proposed expert system is helpful for furnishing project managers a warning signal as a project is going behind schedule and for tracking the changed uncertainty at a desired confidence level. The main objectives of this paper are to offer a new system to overcome the difficulties of conventional forecasting tools and to apply a construction project into the system to illustrate its effectiveness. This paper focuses on construction phase of project development and is intended for the use by project managers.

e-비즈니스 IT 프로젝트 관리의 정성적 접근 모형의 개발 (A Qualitative Approach to eIT Project Management)

  • 정기호
    • 한국IT서비스학회지
    • /
    • 제1권1호
    • /
    • pp.45-55
    • /
    • 2002
  • This paper suggests a new approach to IT project management based on a regular project meeting results to consider the recent project environment. The greater part of recent IT projects are related to e-business transformation. Transforming to e-business is a new problem very different from those they have been worked, in several point of views. Under e-business era, therefore any IT project is being implemented in more complex, dynamic and uncertain environment than traditional. That is, project leaders must consider more factors to control projects including resources, quality, risks, and technologies, and human resources. The project organizations and software corporations thus need to develop and establish new concepts or methodologies to manage e-business projects. In this point of view, an entropy model in this study is introduced for estimating and managing the uncertainty in project control using multi-attributes of project meeting. This paper proposes a new frame work based on entropy model using project meeting results to consider eIT project environment with a small pilot study.

The Effect of Distribution Project Manager Leadership and Performance of Project Team Members with the Mediation Role of Self-Efficacy

  • SHOKORY, Suzyanty Mohd;ZAINOL, Zuraidah;AWANG, Marinah;ABDUL HAMID, Suriani;RAMDAN, Mohamad Rohieszan
    • 유통과학연구
    • /
    • 제20권9호
    • /
    • pp.29-38
    • /
    • 2022
  • Purpose: The purpose of this study to determine the effect of distribution transformational and transactional project manager leadership style on the extra-role performance of project team members using multi-level modelling analysis. Research design, data and methodology: The role of psychological factors as the mediating variable namely is self-efficacy in the effect of project manager's leadership style on the project team members' performance was also studied using the Monte Carlo bootstrapping method. The sample of the study consisting of 370 project team members from 74 contractors registered with the Construction Industry Development Board in the Klang Valley was selected using a simple random sampling and a survey using a questionnaire. Results: The findings showed that the transformational leadership of project managers was a dominant predictor of extra-role performance of project team members. Furthermore, the study show the self-efficacy of project team members acted as a mediator in the relationship between transformational and transactional leadership of project manager leadership on the extra-role performance of project team members. Conclusions: The findings are expected to be used by the relevant parties in planning, arranging and implementing efforts to improve the work performance and ensure that projects are implemented according to the specified specifications.