• Title/Summary/Keyword: project fit

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The Project Managers' Competency by Leadership Style to Succeed the IT Projects (IT프로젝트 관리자의 리더십 유형별 역량이 프로젝트 성과에 미치는 영향)

  • Kim, Wha-Young;Kang, So-Ra
    • Journal of Information Technology Services
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    • v.7 no.2
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    • pp.95-111
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    • 2008
  • The objective of this study is to suggest the effects of the fit between project managers' competency and leadership style on the performance of IT projects. Also, this study examine that the project duration among the project's characteristics moderates the impact of the managers' competency and leadership style on the performance of IT projects. As the results of analysis, we found that the participative leadership and the supportive leadership of project manager is affected by the human and the conceptual skills, and the directive-achievement leadership is affected by the technical skills positively. The project duration moderates the impact of the fit between the participative leadership and the technical skills. and the fit between the directive-achievement leadership and the technical and the human skills positively.

The Evaluation Analysis of the Local Fishing Port Construction Project in Connection with Fishery and Fishing Village (어장·어촌과 연계한 지방어항건설사업의 평가분석)

  • Shin, Seung-Sik;Park, Ju-Sam
    • Journal of Fisheries and Marine Sciences Education
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    • v.20 no.3
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    • pp.369-380
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    • 2008
  • The government has promoted the local fishing port construction project since 1972 for conquest of the crisis of the fishing village by withering of a fishery, the improvement in fishermen's living environment and quality of life, and promotion of fisheries. In order to estimate the local fishing port construction project objective and synthetically, and to grope for the method proposal of system establishment of the project, the monitoring survey was carried out. The monitoring survey was classified into the program and the performance monitoring. The program monitoring was carried out in order to investigate the project fit for the inhabitants of a fishing village. The performance monitoring was carried out in order to investigate the development latent powers, fishery latent powers, tourism latent powers of a fishing village, rural settlement conditions, etc. using various statistical materials. Since investigating the measured value before executing a policy was not completed, the project effect was compared with the measured value of other areas. According to the local fishing port construction project, the development latent powers, fishery latent powers, and tourism latent powers of the fishing village where the project was undertaken improved greatly, and income of the fishing village increased greatly. As a result of comparing project fit in order to evaluate the project, the project fit of the local fishing port construction project area was higher than the non-project area. Desirable method proposal of monitoring survey was established and the method for raising the efficiency of monitoring survey was extracted.

Real Option Valuation of a Wind Power Project Based on the Volatilities of Electricity Generation, Tariff and Long Term Interest Rate (발전량, 가격, 장기금리 변동성을 기초로 한 풍력발전사업의 실물옵션 가치평가)

  • Kim, Youngkyung;Chang, Byungman
    • New & Renewable Energy
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    • v.10 no.1
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    • pp.41-49
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    • 2014
  • For a proper valuation of wind power project, it is necessary to consider volatilities of key parameters such as annual energy production, electricity sales price, and long term interest rate. Real option methodology allows to calculate option values of these parameters. Volatilities to be considered in wind project valuation are 1) annual energy production (AEP) estimation due to meteorological variation and estimation errors in wind speed distribution, 2) changes in system marginal price (SMP), and 3) interest rate fluctuation of project financing which provides refinancing option to be exercised during a loan tenor for commercial scale projects. Real option valuation turns out to be more than half of the sales value based on a case study for a FIT scheme wind project that was sold to a financial investor.

IMPROVING THE USABILITY OF STOCHASTIC SIMULATION BASED SCHEDULING SYSTEM

  • Tae-Hyun Bae;Ryul-Hee Kim;Kyu-Yeol Song;Dong-Eun Lee
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.393-399
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    • 2009
  • This paper introduces an automated tool named Advanced Stochastic Schedule Simulation System (AS4). The system automatically integrates CPM schedule data exported from Primavera Project Planner (P3) and historical activity duration data obtained from a project data warehouse, computes the best fit probability distribution functions (PDFs) of historical activity durations, assigns the PDFs identified to respective activities, computes the optimum number of simulation runs, simulates the schedule network for the optimum number of simulation runs, and estimates the best fit PDF of project completion times (PCTs). AS4 improves the reliability of simulation-based scheduling by effectively dealing with the uncertainties of the activities' durations, increases the usability of the schedule data obtained from commercial CPM software, and effectively handles the variability of the PCTs by finding the best fit PDF of PCTs. It is designed as an easy-to-use computer tool programmed in MATLAB. AS4 encourages the use of simulation-based scheduling because it is simple to use, it simplifies the tedious and burdensome process involved in finding the PDFs of the many activities' durations and in assigning the PDFs to the many activities of a new network under modeling, and it does away with the normality assumptions used by most simulation-based scheduling systems in modeling PCTs.

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A Study on Project Performance in Cloud Computing : Focus on User Experience of GoogleDocs (클라우드 컴퓨팅 환경에서의 프로젝트 수행 성과에 관한 연구 : GoogleDocs 사용 경험을 중심으로)

  • Woo, Hyeok-Jun;Shim, Jeong-Hyun;Lee, Jung-Hoon
    • The Journal of Society for e-Business Studies
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    • v.16 no.1
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    • pp.71-100
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    • 2011
  • There are expectations about future internet technology with IT development by end-users. Cloud computing is attracted to satisfy those demands. However, adoption of cloud computing is not active that much. Therefore, this study verified how cloud computing environment affects performance of team project. We conducted empirical study on performance of team project with cloud computing as technology tool focusing on Task-Technology Fit Model. We collected samples that were undergraduate and graduate school students and had experience on initial cloud computing such as Google-Docs and Webhard when they conducted team project for assignment. We focused on accessibility and reliability as task-technology fit and those variables treated as first order factor. Result showed that cloud computing is suitable technology tool for team project. This study suggests positive effects of cloud computing for collaboration by proving perceived fit and performance in initial cloud computing.

A Study on the Effect of the Fit between the Type of Business Process Change and Organizational Culture on the Business Process Change Success (조직문화와 BPC 유형의 적합도가 BPC성공에 미치는 영향에 관한 연구)

  • Kang, Hee-Joo;Jeong, Seung-Ryul;Ahn, Hyun-Chul
    • The Journal of Information Systems
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    • v.20 no.4
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    • pp.49-72
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    • 2011
  • Business Process Change(BPC) is regarded as a salient factor to improve an organizations' efficiency in the current fast-changing business environment. Despite the tremendous popularity and great potential, the field of BPC adoption is littered with remarkable failures. Consequently, there have been many studies that have tried to identify the environmental factors that lead to successful BPC. However, most of them have not considered the effect of the interaction between the environmental factors on BPC success. According to Klempa(1995), the fit between environmental factors of a company may have the impact on its BPC success. Under this background, this paper empirically examines the effects of the fit between the type of BPC and the organization's culture on the success of BPC. Organization's cultures, organizational learning, as well as knowledge sharing are the dominant causes that have impact on the innovation characters of organization. Whether an organization has safety-oriented homogeneous culture or it has the change-oriented heterogeneous culture may have impact on its implementation of BPC. Also the implementation of BPC may be affected by whether the organization adopts the improvement project which accompanies only small changes or it adopts the innovation project which leads to critical changes. Thus, we analyzed the effect of the fit between the organization's culture and its BPC type on BPC success by using the survey data collected from the companies that have adopted BPC. The findings presented in this paper show that the organization having heterogeneous culture practicing innovation project and the organization having homogeneous culture practicing the improvement project resulted in the excellent BPC success.

Task-Technology Fit in Construction Scheduling

  • Yang, Juneseok;Arditi, David
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.117-121
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    • 2015
  • Construction managers use scheduling methods to improve the outcome of their project. Despite the many obvious advantages of the critical path method (CPM), its use in construction has been limited. Understanding the reasons why CPM is not used as extensively as expected could improve its level of acceptance in the construction industry. The link between construction scheduling methods and the tasks expected to be performed by schedulers has been an on-going concern in the construction industry. This study proposes a task-technology fit model to understand why CPM is not used as extensively as expected in construction scheduling. A task-technology fit model that aims to measure the extent to which a construction scheduling method functionally matches the tasks expected to be performed by the scheduling staff. The model that is proposed is an answer to the lack of proper instruments for evaluating the extent to which scheduling methods are used in the industry.

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Staffing-Technology Fit in Construction Scheduling

  • Yang, Juneseok;Arditi, David
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.631-635
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    • 2015
  • Construction managers use scheduling methods to improve the outcome of their project. In spite of the many obvious advantages of the critical path method (CPM), its use in construction has been limited. Understanding the reasons why CPM is not used as extensively as expected could improve its level of acceptance in the construction industry. The link between construction scheduling methods and the capabilities of the scheduling staff has been an on-going concern in the construction industry. This study proposes a staffing-technology fit model to understand why CPM is not used as extensively as expected in construction scheduling. A staffing-technology fit model that aims to measure the extent to which a construction scheduling method matches the staff's experience, know-how and capabilities. The model that is proposed is an answer to the lack of proper instruments for evaluating the extent to which scheduling methods are used in the industry.

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STOCHASTIC CASHFLOW MODELING INTEGRATED WITH SIMULATION BASED SCHEDULING

  • Dong-Eun Lee;David Arditi;Chang-Baek Son
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.395-398
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    • 2011
  • This paper introduces stochastic cash-flow modeling integrated with simulation based scheduling. The system makes use of CPM schedule data exported from commercial scheduling software, computes the best fit probability distribution functions (PDFs) of historical activity durations, assigns the PDFs identified to respective activities, simulates the schedule network, computes the deterministic and stochastic project cash-flows, plots the corresponding cash flow diagrams, and estimates the best fit PDFs of overdraft and net profit of a project. It analyzes the effect of different distributions of activity durations on the distribution of overdrafts and net profits, and improves reliability compared to deterministic cash flow analysis.

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Examining the Influence of Fit between Project Radicalness and Organizational Innovativeness on the Supply Chain Integration (프로젝트 급진성과 조직 혁신성 간의 조화가 공급망 통합에 미치는 영향)

  • Min, Dae Hong;Jeong, Seung Ryul
    • Journal of Internet Computing and Services
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    • v.15 no.2
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    • pp.95-107
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    • 2014
  • This study was conducted to empirically examine the impact of fit between project radicalness and innovativeness of the supply chain on the degree of supply chain integration. In order to test the research hypotheses, a survey was employed. The results show that the degree of supply chain integration varies on the fit between project radicalness and innovativeness of the supply chain. Specifically, when a supply chain consists of two morphogenetic organizations and the supply chain integration project is radical, we see very highly integrated supply chain. We also find high-level integration of supply chain when project is radical even though both a morphogenetic and a homeostatic organization compose a supply chain. However, we find opposite result, which is low integration, if a project is incremental rather than radical and a supply chain is composed of same types of the organizations mentioned above. Interestingly, degree of integration seems to be always low when a supply chain is composed of two homeostatic organizations, regardless of project radicalness. With these findings, this study concludes that a project whose radicalness is match with the supply chain's innovativeness should be chosen for successful supply chain integration.