• Title/Summary/Keyword: project success

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A QUALITATIVE SURVEY ON SUCCESS FOR MAINTENANCE PROJECTS

  • Albert P C Chan;Daniel W M Chan;Edmond W M Lam
    • International conference on construction engineering and project management
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    • 2007.03a
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    • pp.186-195
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    • 2007
  • Key Performance Indicators (KPIs) are the criteria of measuring project performance in order to attain construction excellence. Previous researchers have examined the abstract concept of success for general new construction and identified its relationship with the factors of success. In fact, most buildings exist to satisfy the needs of people. With the passing of time and change in technology, buildings have to be maintained and renovated in order to continue functioning properly for the benefits of users. Therefore, criteria and factors of success have increasingly attracted the attention of both researchers and practitioners, especially in cities where buildings become ageing. However, the topic of project success for maintenance projects is less discussed in previous research, and project participants, including maintenance surveyors should be able to identify the success measurement and its associated factors for performance improvement. This study fills the research gap by investigating the criteria and factors of success for maintenance projects. It first provides a summary of the literature review on the criteria and factors of success for construction projects. An empirical study has also been carried out with ten practitioners in Hong Kong to further identify the criteria and factors critical for the success of maintenance projects in practice. While most criteria and factors of success for new construction projects are also applicable to maintenance projects, participants in maintenance projects believe that effective communication is in particular important to provide quality service to the end-users.

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A Study of Success Factors Influencing Each Phase of ERP System Implementation (전사적 자원관리 시스템 구현의 성공요인: Markus의 단계별 성공요인에 관한 실증분석)

  • Lee Jae-Jung
    • The Journal of Information Systems
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    • v.15 no.2
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    • pp.153-171
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    • 2006
  • The objective of this research project is empirically investigating factors influencing EPP system implementation based on the degree of volatility of business environment. The results show that computes with low volatility have successfully implement ERP system compared to companies with high volatility. This research project also identified success factors of each phased chartering phase, executive participation sound assessment of business condition, good understanding of ERP system and carefully constructed case are identified as success factors. During project expenditures, participation of various groups, technical resources, prefect and change management are found to be important for successful construction. Trained users, integration of systems, well-designed process and technical and human resource are found to be success factors during shakedown phase. Managers commitment technical infrastructure, system flexibility, and adequate resource for maintenance and renewing system are identified as success factors of onward and upward phase.

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An Exploratory Study on the Project Performance by PMO Capability (PMO 역량에 따른 프로젝트 성과에 관한 연구)

  • Bae, Jae-Kwon;Kim, Jin-Hwa;Kim, Sang-Yeoul
    • Asia pacific journal of information systems
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    • v.18 no.1
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    • pp.53-77
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    • 2008
  • In recent years, although numbers of corporations are bringing in PMO, they seem to be indifferent to PMO performance measurement. This demonstrates that there are also other reasons beside performance measurement of information systems (IS) project being ambiguous by introducing PMO; the lack of acknowledging the concrete function of PMO, and the scarcity of empirical study about the effect of PMO on the project members and project performance. In this sense, this study is aimed at proposing a new research model in which project success factors (i.e., standardization, management advocacy, and staff expertise) affect PMO capability (i.e., knowledge management, resources management, and problem solving competency) positively, leading to project performance (i.e., task outcomes, psychological outcomes, and organizational outcomes) eventually. To empirically test the research model, data are surveyed from PMO department and IS department. To prove the validity of the proposed research model, PLS analysis is applied with valid 132 questionnaires. By employing PLS technique, the measurement reliability and validity of research variables are tested and the path analysis is conducted to do the hypothesis testing. The path analysis results can be organized into 7 ways in large scale. First, standardization of project success factors has a positive association with knowledge management, resources management, and problem solving competency of PMO capabilities. The findings of this result indicate that the multiple or single project management should satisfy standardization in order to operate an effective PMO. Second, management advocacy of project success factors has a positive association with knowledge management, resources management, and problem solving competency. Management advocacy refers to the willingness of management to provide the required resources and authority for project success. There is agreement among researchers regarding the importance of management advocacy for favorable PMO capability. Third, staff expertise of project success factors has a positive association with knowledge management, resources management, and problem solving competency. The findings of this result indicate that the formation of an exceptional consultant or members with a proficient knowledge for staff expertise of project member is the key factor to elevate the PMO capability. Past research suggests that experience and knowledge and the resultant familiarity with the problem faced can be an important determinant of PMO capability. A capable project with appropriate staff expertise means that it enjoys a diversity of abilities and experiences. Fourth, knowledge management competency of PMO capabilities has a positive impact on psychological outcomes but has no direct effect on task outcomes and organizational outcomes. In domestic case of S. Korea, PMO was finally introduced to many other corporations in 2005 though it started bringing in 2000. Therefore, it had neither a significant impact on the task outcomes nor organizational outcomes by lacking the contents and the infrastructure of the knowledge management because the knowledge consolidation and management period of PMO is comparatively shorter by terms than other foreign nations. Fifth, resources management competency of PMO capabilities has a positive association with task outcomes, psychological outcomes, and organizational outcomes. In addition, problem solving competency of PMO capabilities has a positive association with task outcomes, psychological outcomes, and organizational outcomes. Therefore, the findings of this results stress that PMO capabilities has a positive impact on project performance. Sixth, according to the path analysis of the hypothesis, which suggested in this research, problem solving competency is the PMO capability which is the key success factor for task, psychological, and organizational outcomes as an integrated performance model. Further, the analysis reveals that problem solving competency is an important factor for integrated performance model. The finding is in line with past IS research, which affirms that the work of IS projects is essentially a problem solving endeavor. Seventh, in the path analysis of the hypothesis in this research, the path of the management advocacy $\rightarrow$ problem solving competency $\rightarrow$ organizational outcomes appears to be the most important and strongest path. In brief, the finding of this study suggests that project success factors influence PMO capability positively, and project performance as well. From the results, it can be concluded that PMO helped great improve the project success rate and project performance. This study advances research on PMO capability in three important aspects. First, the findings of our study have implications for IS theory and future research. Our study contributes to IS theory by synthesizing concepts from PMO research and project management research with those in IS research. We proposed and tested PMO capability of IS projects and the findings of our investigation provided some preliminary answers to some of the questions raised. Secondly, this thesis does not only help depicting the concept of IT governance but also approaches empirically. It makes a gradual approach to the main content, step by step, in contrary of simple standard, scholastic way of thinking. Finally, we argued that this task-oriented(technical) view is not sufficient to adequately conceptualize IS project performance. Hence, we applied that the research on organization teams, which provides a flip viewpoint to that of project management research in that it gives more weight for psychological outcomes of organizational work groups, can be very helpful in reconceptualizing the IS project performance construct. The limitations of this study are also discussed to provide research directions for future research.

Improving Outsourced ISD Project Performance : Focusing on Conflict and Conflict Resolution Facilitation (아웃소싱을 통한 정보시스템 개발성과 향상방안 : 갈등 및 갈등해결 촉진을 중심으로)

  • Cho, Dong-Hwan;Lee, Ho-Geun;Lee, Choong-Cheong
    • Journal of the Korean Operations Research and Management Science Society
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    • v.33 no.1
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    • pp.71-105
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    • 2008
  • Various stakeholders within and outside of the organization are involved and participate in the outsourced IS development. As their interests and goals are different conflict arises in the process of their interaction, and it is an important factor affecting outsourcing success. The study focuses on the conflict between client users and vendor, i.e. main conflict in the outsourcing project, and examines the relationship of conflict with project success, the antecedents of conflict, and investigates the effectiveness of conflict resolution facilitation. An integrated conceptual model is developed grounded on is outsourcing, IS development, project management, and organizational behavior literature. Nine specific hypotheses on the conflict in outsourcing projects are proposed, and data collection and analysis are performed with 214 ISD outsourcing projects. Results indicated that the conflict between client users and vendor in outsourcing projects was found to have negative effects on project success. Main causes affecting conflict were examined, and relative influences of these causes were clarified. Recently internal IT personnel have been faced their role change with the increase of outsourcing, and the importance of their conflict resolution facilitation was highlighted.

Development of Project Success Model in Enterprise Using FCM (FCM을 이용한 기업프로젝트의 성공 모델 개발)

  • Park, Young-Man;Hwang, Seung-Gook;Park, Kwang-Bak;Lee, Young-Joo
    • Journal of the Korean Institute of Intelligent Systems
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    • v.20 no.1
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    • pp.123-128
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    • 2010
  • To increase the chance of the success of project, it is necessary to identify the important factors influencing the performance of project. Cognitive map has been used for analysing by investigating causal links among relevant factors. A fuzzy cognitive map (FCM) is an extension of a cognitive map with the additional capability of representing feedback through weighted causal links. Project performance is influenced by several factors such as input resources, possibility of achievement, concern of others and so on. The object of this paper is to develop the project success model of enterprise using a fuzzy cognitive map approach to investigate the degree of causal relationship between project performance and these factors.

Predicting Project Performance by Analyzing Key Success Factors on Project Fiancing(PF) Development (건설 프로젝트 파이낸스(PF) 사업의 성공영향요인(KSF) 분석을 통한 사업성과 예측 모델)

  • Lee, Dong-Gun;Cha, Hee-Sung
    • Korean Journal of Construction Engineering and Management
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    • v.15 no.5
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    • pp.127-137
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    • 2014
  • Project Financing (PF) development project is the type which influences national economy and building industry largely because it is exerted by using borrowed money from many kinds of investors and huge amount of financial raising. Many domestic PF projects are focused mainly on the profit maximization lacking in a sufficient feasibility study. Nowadays many projects are suspending due to the global finance debacle and stagnation of real estate industry. Therefore, in this paper, risk factors of PF project are deducted and Key Success Factors (KSFs) are derived through Factor-Analysis and qualified using Fuzzy-AHP method. And through the evaluation of the derived success factors in real projects, a strong correlationship has been identified between the score of each PF success factor and the level of success and/or expected rate of return (ROR). So, the result of this paper can help decision makers of the PF projects make a better decision and give a meaningful guidance in achieving successful PF projects.

Effect of Investment Evaluation Criteria of Public ICT Projects on Business Success (공공 정보통신기술(ICT)사업의 투자 평가기준이 사업성공에 미치는 영향)

  • Kim, Yong-Kul;Lee, Sang-Yun;Chae, Myeong-Sin
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.21 no.4
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    • pp.157-169
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    • 2021
  • Establishing an investment evaluation system for public ICT projects is ultimately to increase the success rate of public ICT projects in which government finances are invested and to revitalize the projects, thereby establishing a foundation for national economic growth and enhancing the competitiveness of the global ICT industry. This study tried to empirically verify the effect of public ICT project investment evaluation factors established according to the existing evaluation system on actual project success, and to suggest directions for future investment evaluation factors. Five evaluation factors such as public interest, economic feasibility, technology, policy and budget efficiency were derived through prior research, and the effect of these evaluation criteria on actual project success was verified through questionnaires from experts who directly participated in the actual project. In addition, it was confirmed whether the government's support system had a moderating effect between the investment evaluation factors and the project success of the ICT project. The reliability and validity of measurement tools, structural model analysis, and path analysis were empirically analyzed, and the significance of existing ICT investment evaluation factors was verified.

Identifying success factors in inter-Korean cooperation projects: the World Vision "Seed Potato Project"

  • Kim, Jong-seon;Seong, Jieun
    • STI Policy Review
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    • v.2 no.3
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    • pp.13-22
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    • 2011
  • During the 1990s, North Korea suffered from severe economic hardships in the aftermath of the collapse of the Soviet bloc and massive floods; North Korea is still has not escaped this suffering. South Korea has pursued various inter-Korean cooperation projects to help North Korea open and develop its economy; however, there are limited successful cases for improvement in North Korea. It is imperative to define a long-term strategy through analysis of key success factors for inter-Korean cooperation in order to develop more successful cases of inter-Korean cooperation; however, limited studies have been conducted to analyze successful inter-Korean cooperation projects. This study selects the "Seed Potato Project" (implemented by the World Vision) as a successful case to be analyzed and identifies key success factors for inter-Korean cooperation. As illustrated in previous studies, the results of the analysis of success factors of a "Seed Potato Project" from a trust-building perspective has revealed that this project follows key success factors like openness, integrity, consistency, and benevolence. In the last section of this report, this study also presents important policy implications to develop future successful cases for inter-Korean cooperation.

Analysis of ABC Success Factors Affecting Construction Project Performance (건설프로젝트 성과에 영향을 미치는 ABC 성공요인 분석)

  • Shin, Young-Su;Cho, jin-Ho;Kim, Byung-Soo
    • Korean Journal of Construction Engineering and Management
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    • v.23 no.3
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    • pp.56-65
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    • 2022
  • This study tried to identify the key success factors of ABC by identifying the influence of ABC's success factors on project performance and analyzing the moderating effect of communication. For this purpose, factors applicable to construction projects were extracted through case studies related to the success factors of ABC, an activity-based financial management technique. The survey method was conducted as an online survey method using the Delphi method. For statistical analysis, frequency analysis and factor analysis were performed with SPSS Statistic 20, and hypothesis testing was performed with SmartPLS 2.0. As a result of the analysis, it was found that linkage with quality initiatives affects not only ABC's success factors on project performance, but also communication moderation effects. It was confirmed that linkage and communication with quality initiatives are the most important key success factors for ABC's success. Based on the results of this study, it is expected that if ABC and quality management are well linked, it will be effective in improving project performance.

전자부품산업에서의 출연연구소와 기업간의 기술이전 성패요인 분석

  • 박원석;용세중
    • Journal of Technology Innovation
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    • v.8 no.2
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    • pp.119-143
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    • 2000
  • The main objective of this study is to test hypotheses by empirical study on the technology transfer from a national institute to small and medium sized enterprises(SMEs) in the Korean electronic devices industry. The important findings of the study are as follows: First, the success of the technology transfer from national institute to SMEs depends on the character of the project manager such as research experience and academic degree level. Second, the success of the technology transfer is related to the nature of the research project, especially to the technology life cycle stage but insignificantly to the amount of R&D fund and duration. Third, another success factor for technology transfer is the joint technology development between institute and SMEs, which is due to the possibility of early commercialization of the technology development project. Fourth, the hypothesis about the relationship between the project selection and evaluation results and technology transfer success is not statistically supported.

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