• Title/Summary/Keyword: project success

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NEW TREND OF SCHEDULING IN LINEAR CONSTRUCTION PROJECT

  • S. Sankar;J. Senthil
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.917-923
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    • 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.

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The Impact of Project Governance Factors on IT Project Objectives Performance (프로젝트 거버넌스의 구성요인들이 IT 프로젝트 목표 성과에 미치는 영향)

  • Jung-Soo Kim;Seung-Chul Kim;Hee Kyung Kim;Chang Won Lee
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.46 no.3
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    • pp.241-250
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    • 2023
  • Companies are paying attention to project governance to realize their goal strategies, project success, and project value in a rapid and complex environment due to the development of information technology. This study aims to explore project governance and factors from literature review and practice guides related to project governance and empirically analyze the impact of project governance factors on IT project objective performance. The survey was conducted on project managers, project team members, and project management members with experience in carrying out business IT projects within two years at companies in various industries in Korea. The main conclusion is as follows. Among the project governance factors, disclosure and reporting that uses and reports using appropriate and reliable information about projects related to decision-making activities positively impact the achievement of IT project objectives: business success and stakeholder satisfaction. Among the project governance factors, project sponsorship, a role that effectively connects management and projects, and a project management framework that provides tools, procedures, resources, and techniques for projects positively impact IT project objective performance. This study is of academic and practical significance in that it identifies the definition and factors of project governance through companies in various industries in Korea and the positive impact of project governance factors on IT project objective performance.

A Study of Critical Success Factors in System Development Team Operation (시스템 개발프로젝트에 있어서 팀제도 운영의 성공요인분석)

  • 이재정;박문규
    • The Journal of Information Systems
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    • v.8 no.2
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    • pp.169-185
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    • 1999
  • The overall objective of this study is to empirically investigate organizational/managerial factors affecting system development team operation. The contributions of this research project are two-fold. First, this study examined various organizational/managerial factors that made team operation successful. Second, we presented the key success factors among the identified success factors of team operation. A field investigation of 68 system development teams located around YoungNam area indicates that motivation, leadership and egalitarian team culture are success factors of team operation. Especially, key success factors are leadership and egalitarian team culture.

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Preliminary Analysis of the Bid Success Ratio according to the Characteristics of Overseas Construction Projects (해외건설 프로젝트 특성에 따른 입찰 성공률 분석에 관한 기초연구)

  • Kim, Seung-Won;Lee, Kang-Wook;Yu, Jung-Ho
    • Korean Journal of Construction Engineering and Management
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    • v.20 no.3
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    • pp.122-133
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    • 2019
  • In the construction industry, bidding competitiveness is the most basic and important competence of the company. Bidding competitiveness comes from competitive advantage, but the strategy of the company to capture bidding competitiveness varies with the characteristics of the project. In particular, overseas construction is where uniqueness of the construction industry and the specificity of international business coexist. This study analyzes the bidding success ratio and the level of bidding difficulty by project characteristics with 12,952 overseas construction bidding cases. Consequently, it was found that the bidding success ratio of Middle East and North Africa (MENA) and civil engineering was the lowest in each group of project characteristics, and therefore the level of bidding difficulty is high, respectively. In addition, it was confirmed that the bidding success ratio of small size or short duration project was relatively high, and the bidding success ratio of both the negotiated bidding in the bidding method group and the private sector in the client type group was respectively high. However, Kruskal-Wallis test in contract type and period shows that there is no statistically significant difference in the bidding success ratio by group.

Relationships between Construction Client's Leadership and Best Practice for Project Success Empirical Finding from Best Practice Cases (건설사업 성공을 위한 발주자 리더십과 베스트 프랙티스 관계 연구)

  • Oh Young-Sup;Kim Han-Soo
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2004.11a
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    • pp.216-219
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    • 2004
  • Construction clients are the key player in that they initiate construction projects and are in a position to influence the efficiency and productivity of the projects. Construction projects by nature require team-working so clients's leadership is the crux of project success. The objective of this paper is to suggest characteristics of construction clients' leadership in terms of best practice based on the analysis of project success cases. Four key elements of construction clients' leadership are identified and best practice from the case studies were related to the elements.

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CSFs Extraction and AHP Importance Analysis for Construction Technology Services Evaluation in terms of Construction Manager (건설사업관리자(CMr) 측면에서 건설기술용역 평가의 CSFs 추출 및 AHP 중요도 분석)

  • Yang, Jin-Kook;Hong, Seong-Wook
    • Journal of the Architectural Institute of Korea Structure & Construction
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    • v.36 no.3
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    • pp.129-134
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    • 2020
  • The current evaluation time period for the construction management service is the project completion or after project completion. Therefore, the construction manager has the following problems. First, it is difficult to prepare the evaluation due to the new field movement of the existing participating engineer. Next, the CM work is complex as well as extensive. Therefore, the critical success factors of the construction technology services evaluation are required as a systematic performance standard of CM work. In this study, we extracted the critical success factors that can systematically prepare the evaluation from the early stage of the project through in - depth interviews with experts. And, this study was analyze the priority of each factor by using AHP technique. As a result, the most important factors were related to the systemization of the preparation process, the construction manager work capabilities and practical construction management. And the priorities of all factors were analyzed high in the factors suggested by the owner groups. The results of this analysis are expected to provide the standards that construction management service performer carry out structured management of construction management throughout the project.

APPLYING LEAN CONSTRUCTION TO DESIGN PHASE

  • Joo-Hyun Park;Dae-young Kim;Hak-Ki Lee
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.1208-1211
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    • 2005
  • The design phase has a great influence on the success of subsequent phases in the project which can be connected with the success of the overall project. Several studies have focused on the effective design management. However, it is too complicated and difficult to manage the design process for the reason that it has a lot of participants and design information and consists of thousands of decisions by an architect alone. Accordingly, it is the main issue for the success of the project how well the design phase be organized and managed. In recent, even in domestic, the importance of design phase has begun to be referred in the conferences. Lean Construction also has a close look at those issues and makes ready to apply specific management methods, called to Lean Design & Construction. Managers can consider a variety of uncertainties to be under control through making the overall process effectively from the early stage. By establishing the efficient process from the design phase before the construction phase, managers can result in a desirable productivity. The aim of this study is to bring the concept (Lean Design & Construction) in domestic design circumstances and verifies the possibility how to apply the concept to the design phase.

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Analysis of the Impact of Enterprise Risk Management (ERM) on the Project Success through PRM Process: Focused on the Overseas Construction Projects (전사적 리스크 관리(ERM)가 프로젝트 리스크 관리(PRM) 향상을 통해 프로젝트 성과에 미치는 영향 분석: 해외 건설사업을 중심으로)

  • Sullim Jung;Seung-Chul Kim;Dae-Cheol Kim
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.47 no.2
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    • pp.93-106
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    • 2024
  • As the complexity and uncertainty of international construction projects increase, the importance of risk management capabilities in the construction industry has become more pronounced. Accordingly, Enterprise Risk Management (ERM) has become a widely adopted approach among organizations as a new way for more effective risk management. Despite its growing application, research related to ERM is still in its infancy, and most of the existing studies have been limited to financial industries. Therefore, this study aims to empirically examine the influence of ERM's core elements on project risk management (PRM) and project performance within construction firms. Our findings indicate that the key ERM components-organization, policy, and culture-significantly enhance PRM processes, underscoring their critical role and importance. Additionally, effective PRM positively affects project outcomes, highlighting its significance for construction companies engaged in international projects. While ERM does not directly impact project performance, it indirectly improves outcomes through enhanced PRM capabilities. It suggests that ERM will contribute to the firm's performance by improving the firm's PRM capability through policies and a risk-focused culture corresponding to the adopted ERM organization and system..

GIS for Agricultural Project and Program Evaluation

  • Punyaratabandhu, Sompit
    • Proceedings of the KSRS Conference
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    • 2003.11a
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    • pp.38-40
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    • 2003
  • Project monitoring and evaluation is very important, as it can be used to indicate progress and success, including problems and impact of the project. It can also be used for improving project plan, administration, and management. GIS is the visualization method that is extremely helpful in decision making and planning. So GIS is an appropriate tool for agricultural project and program monitoring and evaluation. There are three ways of using GIS in project undertakings i.e. GIS for feasibility studies, GIS for project and program monitoring, and GIS for project and program evaluation.

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An Exploratory Research on Quantitative Risk Assessment Methodology Throughout Success Factor Analysis in Project Financing (PF 개발사업의 성공요인 분석을 통한 리스크 평가체계 구축을 위한 기초연구)

  • Lee, Dong-Gun;Cha, Hee-Sung
    • Korean Journal of Construction Engineering and Management
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    • v.14 no.5
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    • pp.92-102
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    • 2013
  • A Project Financing (PF) is a form of project delivery system that is carried out for the purpose of trying to give help to the development of national economy and the construction industry in order attract private investment. However, in the case of Korea, many PF projects are only taking into account the aspect of maximizing development benefits, and the proliferation of PF results in project failure. In addition, the interruption of business has been one after another in the aftermath of the recent financial crisis. These major cause is the result of efforts to block the potential risk of objectively quantifying operations. Nowadays, PF risk analysis in terms of various factors is insufficient. The purpose of this study is to identify and quantify the extensive risk elements to classify the cause of affecting the success of the project PF study prior to propose a methodology for evaluating the integrity of the project PF based on this and to provide a quantitative system that can evaluate the business risk. This study identified the factors that affect the PF business success and failure and establish the metrics that can be quantified through existing research and expert interviews. Factors influencing the success of the PF obtained as a result of surveys and interviews in assessing the soundness of the PF development conditions in the future be able to take advantage of, as well as an objective assessment tool to be able to take advantage of the development is expected.