• Title/Summary/Keyword: Critical Success Factors (CSFs)

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Critical Success Factors of Large Design-Build Projects in Vietnam

  • Dang, Chau Ngoc;Le-Hoai, Long;Lee, Young-Dai
    • Journal of Construction Engineering and Project Management
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    • v.2 no.3
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    • pp.30-39
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    • 2012
  • Design-build (D&B) has been broadly perceived as an effective project delivery method and become popular in the world. However, the implementation process of this innovative procurement method in Vietnam encounters difficulties due mainly to unfamiliarity and inexperience with the approach. Critical success factors (CSFs) which could be used to enhance the project execution are useful to practitioners in Vietnam if identified. A questionnaire survey was employed to identify CSFs of D&B projects in Vietnam. Parties' competence, especially financial capability, and contract documentation are the most important factors significantly affecting project success. It was also shown that the perspectives of two principal parties in D&B projects on the CSFs are statistically correlated. The identified CSFs were then validated with some various D&B projects. The execution results of CSFs' were compared with the projects' performance measured try key performance indicators (KPIs). The most important success factors of this study were also compared with other countries'. The validation and comparison results provide project participants with some useful information to perform D&B projects better. Practitioners should well perform the identified CSFs to enhance the chance of the success of D&B projects in Vietnam. The findings of this study are useful not only to Vietnamese practitioners but also to others who are concerned about D&B method and plan to employ it in Vietnam in future.

Critical Success Factors for Project Management Information System in Construction

  • Lee, Seul-Ki;Yu, Jung-Ho
    • Journal of Construction Engineering and Project Management
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    • v.1 no.1
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    • pp.25-30
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    • 2011
  • With a focus on different aspects of PMIS in construction projects, various sets of critical success factors (CSFs) have been suggested in the literature such as IS Success Model by various researchers. It is crucial to explore the relative importance and groupings of these factors. This paper aims to identify CSFs associated with Project Management Information System (PMIS) in construction projects, and explore their ranking and underlying relationship. CSFs for PMIS identified through a literature review, and consolidated by interviews and pilot studies with professionals in construction industry. A questionnaire instrument was sent out to experienced users (Construction Manager and Constructor) in Korea, and 253 completed questionnaires were retrieved. To increase the generalizability of the results, the respondents were spread across construction site. Using factor analysis and considering the high importance of the factor, CSFs were grouped into three dimensions. All these three groupings and their relationship were included in a framework for successful PMIS in construction projects. These findings help to clarify what the high prioritized factors are, and could also be used as an assessment tool to evaluate the performance of PMIS and thus help to identify areas for improvement.

Identification of Critical Success Factors (CSFs) for Public-Private Partnerships Across Infrastructure Sectors

  • Shrestha, Bandana;Shrestha, Pramen P.
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.83-90
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    • 2022
  • Public-private partnerships (PPP) projects are becoming popular in both developed and developing countries due to their ability to access new financing sources and transfer certain project risks to the private sector. PPP has been an active research area where the concept of Critical Success Factors (CSF) is often discussed by researchers. This study aims to identify the CSFs for various PPP infrastructure projects that have been explored in previous CSF studies. This article reviewed the literature about CSF in PPP projects from the years 2002 to 2021, compared the findings of studies regarding the identified CSFs, and consolidated the CSFs that can be applied to various PPP infrastructure projects. The results showed that dominant research focused on general infrastructure, where CSFs can be applied to all infrastructure sectors rather than any specific sector. The most identified CSFs from the study are favorable and efficient legal frameworks, appropriate risk allocation and sharing, a robust and reliable private consortium, a competitive and transparent procurement process, and political support and stability. The findings from the study can provide an overview of CSFs that are relevant to specific PPP infrastructure sectors like building infrastructure, transportation, water, etc. as well as for general infrastructure. In addition, the results can also be used for further empirical analysis.

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CRITIAL SUCCESS FACTORS FOR PROJECT MANAGEMENT INFORMATION SYSTEM IN CONSTRUCTION

  • Jung Ho Yu;Seul Ki Lee
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.498-503
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    • 2011
  • With a focus on different aspects of PMIS in construction projects, various sets of critical success factors (CSFs) have been suggested in the literature such as IS Success Model by various researchers. It is crucial to explore the relative importance and groupings of these factors. This paper aims to identify CSFs associated with Project Management Information System (PMIS) in construction projects, and explore their ranking and underlying relationship. CSFs for PMIS identified through a literature review, and consolidated by interviews and pilot studies with professionals in construction industry. A questionnaire instrument was sent out to experienced users (Construction Manager and Constructor) in Korea, and 253 completed questionnaires were retrieved. To increase the generalizability of the results, the respondents were spread across construction site. Using factor analysis and considering the high importance of the factor, CSFs were grouped into three dimensions. All these three groupings and their relationship were included in a framework for successful PMIS in construction projects. These findings help to clarify what the high prioritized factors are, and could also be used as an assessment tool to evaluate the performance of PMIS and thus help to identify areas for improvement.

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Analysis of Critical Success Factors for E-Commerce through Comparative Study among Korea, U.S.A. and Japan (전자상거래의 성공요인: 한.미.일 비교 분석)

  • Sung, Tae-Kyung
    • Asia pacific journal of information systems
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    • v.13 no.4
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    • pp.171-189
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    • 2003
  • The three main purposes of this paper are to (1) identify critical success factors(CSFs) for electronic commerce(EC), (2) investigate the explanatory power of these CSFs on firm performance, and (3) compare differences in evaluating CSFs and explaining impact of CSFs on performance among Korea, Japan, and U.S.A. EC firms. Through a literature review and interviews with managers in EC firms, a list of 16 CSFs consisting of 111 items was compiled. In the second stage, questionnaires were administered to managers of EC companies in Seoul, Korea, Tokyo, Japan, and Texas, U.S.A. Survey results show that CSFs have very significant explanatory power for firm performance in Korea, Japan, and U.S.A. While security, privacy, technical expertise, information about goods/services, and variety of goods/services are the most explanatory CSFs in Korea and Japan, evaluation of EC operations, technical expertise, and ease of use show most explanatory power in U.S.A. In general, respondents in Korean and Japan evaluate CSFs quite differently compared to U.S.A counterparts.

Are Critical Success Factors of BI Systems Really Unique?

  • Kim, Sung Kun;Kim, Jin Yong
    • Journal of Information Technology Applications and Management
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    • v.24 no.1
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    • pp.45-61
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    • 2017
  • Business intelligence has been attracting much attention these days. Despite such popularity of BI systems, it is widely known that about a half of BI system projects have failed. To grasp why many BI projects end in failure and what factors would make BI projects less failure-prone, a number of BI studies were made to produce a variety of CSFs. However, there is a paucity of information on whether these CSFs are distinctive from those of typical information systems. By identifying how BI CSFs differ from CSFs of typical information systems, we would be able to explain why most BI projects are more likely to be failure. It is believed that a corrective measure about CSFs will lead to more success in future BI projects. In addition, though there have been a number of similar types of BI systems such as decision support systems and executive information systems in existence, there was no study to determine whether there is ever a discrimination between CSFs of BI systems and the similarly-titled systems. This study is to answer these questions using a literature review analysis. The findings of our study are expected to be helpful in a successful implementation of BI systems.

A Study on IT Governance Critical Success Factors in Korean Government Integrated Data Center (정부통합전산센터의 IT 거버넌스 핵심성공요인 도출에 관한 연구)

  • Lee, Seok-In
    • Journal of the Korea Society of Computer and Information
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    • v.18 no.12
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    • pp.45-53
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    • 2013
  • The Korean Government Integrated Data Center (GIDC) was established as a comprehensive solution to integrate information systems spread across each government agency in 2005. In the process of building and operating the GIDC, various IT governance issues are potential. To implement the effective IT governance in an organization, it is important to confirm some critical success factors (CSFs) of each issue. However, there are few studies on this subject in the public sector. This study tried to draw several CSFs through literature review and expert panel opinions and provide some practical implications. The results of this research are expected to contribute to the establishment of good IT governance in the GIDC.

Critical Success Factors of Project Management : The Case of Construction Related Projects in Vietnam

  • PHAM, Viet Quoc;NGUYEN, Bao Khac Quoc;TU, Binh Van;PHAM, Huong Thi Thanh;LE, Thanh Quoc
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.2
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    • pp.223-230
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    • 2019
  • The study aims to contribute to the improvement of project management in Vietnam. It focuses on developing new critical success factors (CSFs) which can be used to assess the success of project management in the country. This is a promising issue considering the rapid changes occurring within the business environment. The reason is because CSFs carry great consequences on project management issues, particularly in the context of Vietnam, which is currently experiencing many big scale projects involving both local and foreign investors. Two applications are utilised. One is to adapt the business model of Belassi and Tukel (1996) to observe the transitional and emerging economy of Vietnam. The other is to examine the data collected from a survey to examine the new CSFs which can then be used to assess the success of its projects and project management in Vietnam. The research results showed some remarkable differences between CSFs of Vietnam and foreign countries in both number of success factors and its impact levels which should be paid attention by foreign project managers/owners when doing investment and project management in Vietnam. The outcome generated can be useful to project owners/managers as well as policy makers in Vietnam's business environment.

Critical Success Factors from POSCO Engineering & Construction Company's Knowledge Management Experiences (지식경영도입의 핵심성공요인 -포스코 건설사례를 통하여-)

  • Lee, Hong;You, TaekYoung
    • Knowledge Management Research
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    • v.4 no.2
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    • pp.95-105
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    • 2003
  • The purpose of the current study is to explore what are critical success factors(CSFs) from Posco Engineering and Construction Company's knowledge management practice. From a deep case study of the company, five CSFs are delineated. The first factor is to clarify knowledge management vision and strategy so that people in the company clearly understand directions of where the company goes to implement knowledge management. The second one is to grip the whole picture of knowledge management realms. Narrow eyes for the knowledge management leads to failure. The third factor depends on how to acquire people's cooperation. The fourth one has something to do with a way of approach. Unilateral or delegated approach is fragile for the successful implementation of knowledge management. Shared approach raises the probability of success. The fifth one is to monitor implementation acts and processes.

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A Study on Critical Success Factors for Enterprise Systems Implementation: A Failure Case Analysis Based on Process Theory (엔터프라이즈 시스템 구현의 핵심성공요소에 관한 연구: 프로세스이론을 기반으로 한 실패사례 분석)

  • Kim, Hee-Woong;Kwahk, Kee-Young
    • Journal of Information Technology Services
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    • v.6 no.3
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    • pp.251-272
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    • 2007
  • Although Enterprise Systems (ES) have promised major strategic benefits and process improvements from business and technology integration, their implementation has been plagued by a high failure rate and difficulty in realizing the promised benefits. For the purpose of understanding implementation failures, previous studies have focused on identifying critical success factors (CSFs) for information systems implementation. However, there has been little research on how these CSFs actually lead to successful results. In this study, based on process theory, we examined the process of ES implementation by explaining how the factors of ES implementation influence each other and how interaction among them produces results. Based on a failure case, we then developed a process model of ES implementation thus allowing us to explain the process of ES implementation. The proposed model facilitated an understanding of how repeating patterns of ES failure can be reversed. This model can be used for guiding new ES implementation projects.