• Title/Summary/Keyword: Construction Project Management

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Extraction of Pivotal Entities of Construction Project Management using the CMBOK Framework (CMBOK Framework을 이용한 건설 프로젝트 핵심관리요소의 도출)

  • Lee Jong-Kook;Lee Hyun-Soo
    • Korean Journal of Construction Engineering and Management
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    • v.5 no.1 s.17
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    • pp.140-148
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    • 2004
  • Based on the CMBOK (Construction Project Management Body of Knowledge) Framework previously developed in early study by the authors in conjunction with use of some questionnaire surveys and personal interviews with industry professionals, the authors analyze interactions among the entities in the CMBOK framework for the extraction of pivotal entities of construction project management and identify twelve pivotal entities in construction project management, then verify the existence of twelve pivotal entities in real construction project management of construction company and checked the validity of the entities with a real case of interaction phenomenon. This research provides the construction industry with a starting point for improving construction project management efficiency by identifying the pivotal entities.

Multi-family Residential Construction Management Practice in the U.S.

  • Cho, Namho
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.1254-1254
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    • 2022
  • The Multi-family Residential is one of the most famous building types for a rental property in the US. Often times it includes multiple residential buildings and some amenity facilities, including a clubhouse or leasing office, swimming pool, dog park, and garages. Since the building type is built for rental purposes, the construction planning is phased and it makes the project complicated. Detailed planning and execution are important for successful construction management. This paper provides some management practices that are applied to one of the multi-family residential construction projects in Phoenix, AZ. The Front End Planning (FEP) process performed by both owner and contractor is the first key to a successful construction project. Specifically, the early review of phased turnover strategy, grading, fire/Americans with Disabilities Act (ADA) compliance, and Mechanical/ Electricity/Plumbing/Technology (MEPT) will provide absolute benefit to the project. Second, using a scheduling method to control short-term schedules and long-term can provide the ability to manage the issues with agility. Third, material delivery and procurement dominate the both project schedule and cost. With this COVID-19 circumstance, it is hard to expect the material, equipment, and labor forces to be delivered on time with the contracted price. Managing floats are more than important to managing construction productivity. Risk management should work to share the risks fairly. Lastly, turnover is directly linked with the profit of the project for both owner and contractor. The communication between the owner and contractor to re-schedule the proper turnover schedule is important for the phased construction project.

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A Comprehensive Cash Management Model for Construction Projects Using Ant Colony Optimization

  • Mohamed Abdel-Raheem;Maged E. Georgy;Moheeb Ibrahim
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.243-251
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    • 2013
  • Cash management is a major concern for all contractors in the construction industry. It is arguable that cash is the most critical resource of all. A contractor needs to secure sufficient funds to navigate the project to the end, while keeping an eye on maximizing profits along the way. Past research attempted to address such topic via developing models to tackle the time-cost tradeoff problem, cash flow forecasting, and cash flow management. Yet, little was done to integrate the three aspects of cash management together. This paper, as such, presents a comprehensive model that integrates the time-cost tradeoff problem, cash flow management, and cash flow forecasting. First, the model determines the project optimal completion time by considering the different alternative construction methods available for executing project activities. Second, it investigates different funding alternatives and proposes a project-level cash management plan. Two funding alternatives are considered; they are borrowing and company own financing. The model was built as a combinatorial optimization model that utilizes ant colony search capabilities. The model also utilizes Microsoft Project software and spreadsheets to maintain an environment that incorporates activities, their durations, and other project data, in order to estimate project completion time and cost. Ant Colony Optimization algorithm was coded as a Macro program using VBA. Finally, an example project was used to test the developed model, where it acted reliably in maximizing the contractor's profit in the test project.

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NEW INTELLIGENT APPROACH FOR PROJECT MANAGEMENT IN CONSTRUCTION INDUSTRY

  • D. Aparna;D. Sridhar;J. Rajani;B. Sravani;V.S.S. Kumar
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.366-370
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    • 2005
  • The construction environment is dynamic in nature and is characterized by various degrees of uncertainties. The uncertainties such as lack of coordination, non availability of resources, condition of temporary structures and varying weather conditions have a significant impact on estimating the duration of activities. These are subjective, vague and imprecisely defined and are expressed in subjective measures rather than mathematical terms. Conventionally, various quantitative techniques such as CPM and PERT have emerged in construction industry. These techniques cannot solve the above problems and rely on human experts which may not always be possible. In such situations Artificial Intelligence tools such as fuzzy sets and neural networks handle such variables and provide global strategies. The present paper evaluates the effect of qualitative factors to identify the activity duration using new intelligent approach. The results are compared with conventional methods for effective project management. A case study is considered to demonstrate the applicability of fuzzy logic for project scheduling.

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Measuring Performance to Engage the Extended Project Team in Construction

  • Bal, Menoka;Bryde, David
    • Journal of Construction Engineering and Project Management
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    • v.5 no.1
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    • pp.1-10
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    • 2015
  • In construction, stakeholders of extended project team play a key role in the overall project performance. Successful integration of stakeholders demands for good management practices at strategic, operational and project levels. Targets and measures to improve the stakeholder performance encourage the creativity and willingness of stakeholders of extended project team to develop the better ways to achieve the project objectives. This paper presents a generic descriptive method, showing how stakeholder's ability and influence impacts on project performance in the construction sector. The findings of a series of interviews with key informants are presented and the following main conclusion is drawn: improving project performance through stakeholder's contribution and measuring their performance can strengthen the project performance. This innovative approach which redefines the process of improving the project performance in construction projects will be of interest to those who intend to manage the projects in practice as well as to those who interested in advancing theory.

Improvement of Construction Management System in Public Construction Projects - Focused on the Total Project Cost Management Guidelines - (공공 건설사업의 효율적 건설사업관리수행을 위한 제도개선방안 - 총사업비관리지침을 중심으로 -)

  • Cho, Youngjun
    • Korean Journal of Construction Engineering and Management
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    • v.21 no.1
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    • pp.3-11
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    • 2020
  • In large public construction projects with a certain size or larger that need to be carried out over a number of years, the Authority must secure a budget for construction project management activities by the construction manager. There is no problem if the project management budget secured by the issuing Authority and the project management budget executed by the issuing Authority are the same, but if not, various problems will arise. Therefore, in this study, the following measures were proposed to improve the system for efficient operation of construction project management: First, the construction project management terms and tasks specified in the statutes and the guidelines of government agencies should be unified and the standard for calculating consideration should be unified. Second, the total project cost management guideline should be specified so that the missing construction project manager can receive compensation for the technical proposal. Third, if the project cost is changed in the long-term continuous construction project, the construction project management expense should be adjusted accordingly. Fourth, if construction project management service is required from the Authority, the basis for consignment to a specialized institution should be specified in the total project cost management guideline.

Steel Plant Construction (EPC) Project Case Study : Forensic Lessons-learned Analysis and Systems Engineering Improvement Recommendation

  • Kyung-Bae Jin;Young-Ho Kim;Eul-Bum Lee;Suk-Hwan Seo
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.145-150
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    • 2013
  • As a recent global trend, the majority of mega-size plant projects are delivered through EPC (Engineering, Procurement and Construction) contracts, where a single contract is awarded for engineering, procurement, and construction. Under this contracting mechanism, it is challenging for contractors to carry out the projects under traditional project management processes used in design-bid-build projects. A new EPC Plant, the POSCO Special Steel Plant in Changwon, was built successfully at the beginning of 2012 and it is currently in full-scale production. The project has encountered a number of major difficulties however, with some technical and managerial issues through its development process. As summarized in this paper, the authors (as project participants with the contractor) investigated it as a post construction analysis and recorded the Lessons-learned for future project management improvement.

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Individual behavioral competences for construction project risk manager

  • Lee, Kwang-Pyo;Lee, Hyun-Soo;Park, Moonseo;Kwon, Byung-ki;Hyun, Hosang
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.183-187
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    • 2015
  • The Risk Management (RM) is applied for managing uncertainty of project. In this circumstance, the competences of RM have a direct effect on the performance of its application. Especially, as the RM, one of the project management areas, is a peopleoriented management field, the individual behavioral competences are significant for a risk manager. Therefore, this paper describes the development of individual behavioral competences for construction project risk manager. For this, the research classifies the individual behavioral competences of RM. And, the Exploratory Factor Analysis (EFA) are applied to verify a validity of the competences. Likewise, a reliability analysis using Cronbach's alpha values is performed to test internal consistency. Based on the results, the authors carry out the Focus Group Interview (FGI) on expert panels of construction RM to confirm the hierarchical model of the individual behavioral competences. It is concluded that the proposed hierarchical model of individual behavioral competences helps construction companies to diagnose the competences of their project risk manager for progressing.

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Managing Mega-Project Complexity in Five Dimensions

  • Gransberg, Douglas D.;Jeong, H. David
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.6-9
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    • 2015
  • Traditional project management theory is based on a three-dimensional life cycle approach where the project managerseeks to optimize the dimensions of cost-schedule-technical (quality or design). This paper reports the findings of a case study analysis of two complex mega-projects in Michigan which confirm the findings of previous research and illustrates the use of a framework for five-dimensional project management (5DPM) that is for conceptualizing a complex project's scope of work. The framework elevates the recognition that the project's social/political context and the financial arrangements create complexity adding two new dimensions. This paper also demonstrates a methodology to graphically display a project's complexity to better understand and prioritize the available resources. The result is a "complexity footprint" that may help a complex project manager identify the boundary between controllable and uncontrollable projects impacts. The paper finds that applying 5DPM to the two case study projects has given the project delivery team a tool which is actually adding value to the complex project management process.

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A Conceptual Framework to Study the Effectiveness of Interface Management in Construction Projects

  • KEERTHANAA, K.;SHANMUGAPRIYA, S.
    • Journal of Construction Engineering and Project Management
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    • v.9 no.3
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    • pp.1-21
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    • 2019
  • The management of mega construction projects which incorporate a large number of stakeholders, technologies, data, work culture etc., is cumbersome. The experts in the construction arena advocate that interface management serves as a precise tool in resolving these conflict points due to the intricate nature of the construction projects. Interface management is a current trending management practice in the construction industry which is also a beneficiary to mega/fast track projects in enhancing the project performance. The main objective of this study is to validate a model for assessing the relationships among interface management, IT applications, project performance & project benefits. The mediating effect of interface management in relationship between project performance & interfacial factors was also investigated. The research model was validated using PLS-SEM (Partial Least Square-Structural Equation Modelling) approach. Data were collected from clients, contractors, consultants in large scale projects through questionnaire survey and smart-PLS software was used to analyse the conceptual model. The research model comprises eleven hypothesis and the significance of these hypothesis were tested using T- statistics values. The research implies that people/participants factor is greatly influenced by interface management with the path coefficient of 0.608 and also enhancement of project's schedule performance due to the interface management is strongly appealing (Path coefficient = 0.711). The results also reveal IT application is significantly associated with interface management practice (Path coefficient =0.723) and also the effect of IT application on project performance (schedule, cost, quality & safety) is successfully mediated through interface management practice. The practical application of this validated model was done through case study. The case study aims at measuring the impact of interface management on interfacial factors and role of interface management in improving the project performance in the construction organisations.