• Title/Summary/Keyword: performance measurement and management

Search Result 975, Processing Time 0.027 seconds

Web-based Performance and Informatization Measurement System for the Construction Industryz (건설산업의 성과 및 정보화수준 평가를 위한 웹기반 시스템)

  • Yu, Il-Han;Kim, Kyung-Rai;Jung, Young-Soo;Chin, Sang-Yoon
    • Proceedings of the Korean Institute Of Construction Engineering and Management
    • /
    • 2006.11a
    • /
    • pp.92-97
    • /
    • 2006
  • The construction industry has mainly relied on financially focused performance measurements, and studies on performance measurement systems (PMSs) have been carried out at the project level. However, recently, the demand for performance evaluation and management at the company level has increased. A few previous efforts have aimed to develop a conceptual model for company performance, but there have been few follow-up studies. From this perspective, we have developed a web-based performance and informatization measurement system to measure and compare the business performance and the level of informatization of construction companies. Then, we carried out a performance evaluation and system test using the data set of 78 Korean construction companies and identified practical issues for the implementation of our PMS.

  • PDF

Research on Performance Measurement of Construction Projects Using Balanced Scorecard (BSC) (균형성과표를 이용한 건설사업 성과측정 구축방향에 관한 연구)

  • Kim Dae-Yeon;Lee Jae-Seob
    • Proceedings of the Korean Institute Of Construction Engineering and Management
    • /
    • 2004.11a
    • /
    • pp.494-499
    • /
    • 2004
  • The competitiveness of the domestic construction industry is faced with a serious crisis due to the decrease of domestic demands, and is below par with that of developed countries as well as of competing nations. There is a pressing need for a way to overcome this problem and restore competitiveness of the domestic construction industry. Therefore, this research, through real case studies, suggested a method of evaluating construction performance, which eliminates waste factors in each construction phase and maximizes cost saving effects.

  • PDF

The Analysis of Order Priority of Management Performance Factors in Medical Organization (AHP기법을 이용한 의료기관 성과요인의 우선순위 분석)

  • Chun, Je-Ran
    • Journal of the Korea Academia-Industrial cooperation Society
    • /
    • v.11 no.10
    • /
    • pp.3733-3739
    • /
    • 2010
  • This paper suggests the measurement method of evaluation of management performance factors in health organization using AHP and Factor Analysis technique. To achieve this goal, this study applies AHP method to different size of hospitals. AHP method is deployed in three steps. At first step, the major factors, which indicate the management performance in health organizations, will be formed through factor analysis. At second step, the pairwise comparison between two factors will be performed to calculate the weights of each variables. At the last step, the order of priority of all factors will be determined. This order list will be used in measurement of the management performance in health organization. The results of this paper show that the financial factors take the top position, and followed by customer related factors, process factors and education & growth factors. This result could be the milestone for the measurement of management performance of medical organization in Korea.

Implementation of the Performance Information Integration Method for Multiple Performance measures (다수의 성과척도를 통합하는 방법의 적용사례)

  • 박창규
    • Journal of the Korean Operations Research and Management Science Society
    • /
    • v.16 no.2
    • /
    • pp.109-109
    • /
    • 1991
  • We have recognized that an organization should be viewed from a multifaceted perspective necessitating a sophisticated analytical and systematic approach to monitor and improve organizational performance. Although some performance measurement systems have been proposed and are currently being used in many organizations, no performance measurement system has presented a mechanism for integrating all of the information of performance measures in a way that considers relationships between them. This paper introduces the implementation of the performance information integration method(PIIM) which synthesizes all useful information of performance measures with consideration of the relationship and generates a single, global, organizational performance score. The PIIM was empirically validated by implementing in one of Missouri Veterans Homes

The Study on Intellectual Assets Measurement Model of Construction Corporation (건설기업 지적자산 측정모델에 관한 연구)

  • Son Young-Chan;Baik Jong-Keon;Kim Jae-Jun
    • Proceedings of the Korean Institute Of Construction Engineering and Management
    • /
    • autumn
    • /
    • pp.257-260
    • /
    • 2002
  • Performance measurement in corporation administration is very important. Though there is measurement, grasp problem, and because can improve. Corporation's tangible measuring is possible by specific amount of money of financial statement or loss and gain statement etc. but corporation's intangible property measurement isn't objective and there is no quantitative measurement method. So this research presents model which can do size of construction corporation's intangible property(Intellectual Assets) through model that measure corporation's intellectual assets to do quantification objectively and wish to present development direction of measurement method.

  • PDF

A Study on Performance Evaluation about Safety Work of Railway Employees using AHP (AHP를 이용한 철도종사자의 안전업무 수행도 평가에 관한 연구)

  • Ryu, Si-Wook
    • Journal of the Korea Safety Management & Science
    • /
    • v.9 no.4
    • /
    • pp.49-56
    • /
    • 2007
  • It is known that human factors account for 80 percent of all railway accidents. To reduce human errors must be the most efficient shortcut to railway safety. For public transportation employees like railway, the more delicate safety management should be executed in individual level. However, there are rarely efforts to improve safety performance of workers who are the subject operating the railway system. This paper develops a hierarchy model to evaluate the human safety performance in railway industry. To evaluate the model, AHP (Analytic Hierarchy Process) methodology is adopted. The hierarchy model is composed of four levels which are objective, two criteria, specific factors of criteria, and rating scales. In addition, since employees for evaluation are over 10, the pairwise comparisons for rating scales are carried out by the absolute measurement. We explore the applicability of AHP to the performance evaluation of railway safety workers by an example and also investigate the changes of alternatives that are railway employees according to the changes of human characteristic which is one of criteria.

A Framework of the Comparable Performance Measurement in the Construction Industry (비교가능한 건설산업의 성과측정 Framework)

  • Yu Il-Han;Kim Kyung-Rai;Jung Youngsoo;Chin Sangyoon;Kim Yea-Sang
    • Korean Journal of Construction Engineering and Management
    • /
    • v.5 no.5 s.21
    • /
    • pp.172-182
    • /
    • 2004
  • The performance measurement system of a company is an important tool to evaluate business result, to manage human resource and to achieve strategic management goals. Until 1990's, the performance in most of companies had been measured by financial perspectives. Recently non-financial perspectives with various and balanced view points are used. In the construction industry, the same situation is happened. However, effective tools are not developed yet. Therefore, this research proposes a framework of the comparable performance measurement in the construction industry. This framework is based on concept of the balanced scorecard(BSC) and prepared respectively for owner, contractor and architect/engineer Using this framework, it is possible to compare performance of a company with each other and to benchmark the best performance.

Methods of Establishing the Optimal Performance Measurement Baseline and Evaluating the Progress for Implementing EVMS (EVMS 적용을 위한 최적 성과측정기준선 설정 및 진도율 산정 방법)

  • Won Dong-Soo;Kim WooYoung;Lee Hyun-Soo
    • Proceedings of the Korean Institute Of Construction Engineering and Management
    • /
    • autumn
    • /
    • pp.395-400
    • /
    • 2001
  • In construction projects, it is very important to evaluate the performance of works in comparison with the cost and schedule plans. So, on the first of July, 2000, the Ministry of Construction and Transportation announced the EVMS will be applied in public sector soon. However there are still many arguments about how to establish the Performance Measurement Baseline(PMB) and how to evaluate the progress with accuracy. And many people confuse the meaning of EVMS with that of cost and schedule management. So, the purpose of this research is to propose the new useful methods to set up the PMB and to assess the exact progress in consideration of cost, schedule, and float time for successful implementation of EVMS.

  • PDF

A Study on the Application of System Dynamics to Overcome BSC Limitations (BSC의 한계 극복을 위한 시스템다이내믹스의 활용)

  • Jo, Hyun-Woong;Yeon, Seung-Joon;Kim, Sang-Wook
    • Korean System Dynamics Review
    • /
    • v.8 no.1
    • /
    • pp.211-227
    • /
    • 2007
  • Like the saying "You can't manage what you can't measure," performance measurement is considered as one of the most important management activities for the organizations in either private or public sector. Performance measurement, however, has thus far relied too much on financial statements. Realizing the importance of a more scientific and comprehensive performance measurement, many organizations have adopted several different systems in order to objectively estimate their balanced performance results. The Balanced Scorecard (BSC) has become a popular means to measure performance. But the BSC has also received some criticisms. In this paper four limitations in the use of the BSC are discussed : BSCs focus on unidirectional causality, are unable to distinguish delays between actions and their impacts on performance, integrate insufficiently strategy with operational measures, and lead to internal biases. We propose a system dynamics approach with causal loop diagram(CLD) to develop a Dynamic BSC in order to overcome these limitations. The results suggest that developing a BSC with system dynamics is a promising approach to supplement existing BSC frameworks.

  • PDF

The Strategic Performance Measurement of Sea Port: Supply Chain Management Perspectives (공급사슬관리 관점에서의 전략적 항만성과측정)

  • Pak, Myong-Sop
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
    • /
    • v.38
    • /
    • pp.229-262
    • /
    • 2008
  • With the introduction of supply chain management concept, the nature of a firm is fundamentally changed. Control is no longer based on direct control of the business processes, but rather based on integration across member organizations in the supply chain. Firms are trying to achieve a competitive edge by managing their supply chain performance to gain advantages in cost and service differentiation. The supply chain elements of a sea port involves ILSP (Inbound Logistics Service Provider) at the input side and OLSP (Outbound Logistics Service Provider) at the output side. The goal of sea port is to satisfy the needs of different parties, both upstream and downstream, in the chain with greater effectiveness and efficiency than it's competitors. In this context, the purpose of this paper is to derive conceptualization of the SCP (Supply Chain Performance) in the sea port from literature review on the previous researches and to tackle their theoretical and practical implications. The paper deals with conceptualizing SCP in sea port using the SCOR (Supply Chain Operation Reference) model. It incorporates both the effectiveness and efficiency aspects of performance measurement. And it also recognizes customer related reasons for measuring performance.

  • PDF