• Title/Summary/Keyword: Efficient management project

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Features of Innovation and Project Management

  • Liakhovych, Galyna;Guk, Olga;Mokhonko, Ganna;Vakun, Oksana;Lyakhovych, Ulyana
    • International Journal of Computer Science & Network Security
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    • v.22 no.10
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    • pp.364-368
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    • 2022
  • The main purpose of the article is to study the features of innovation and project management. The rapid growth of scientific and technological progress in our time is leading to such profound changes that a passive, slow response to the development of science and technology leads to a growing backlog. That is why the main direction of efficient production should be a constant striving to improve product quality, timely replacement of the assortment, minimization of inventories, and ensuring the flexibility and mobility of technological processes. Based on the results of the study, the main features of innovation and project management were characterized.

A Study on the Mapping of Risk Factor with Performance Index in Urban Regeneration Project (도시재생사업 성과지표와 위험요인 연계 방안 연구)

  • Yu, Young-Jeong;Kim, Seon-Gyoo
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2008.11a
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    • pp.497-500
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    • 2008
  • Recently, the urban regeneration project has been performed actively at home and abroad. The stake-holders in urban regeneration project are various and complicated, and has large scale during a long life period. Also they show the characteristics of a mega-project and most mixed-use form. Therefore, the urban regeneration has a lot of potential risk factors from project beginning to completion. It means they need efficient and continuous risk management in terms of performance measurement. But the current domestic construction project does not reflect risk management in view of performance measurement. This study proposes the risk management methodology by mapping risk factors with major performance indexes of the urban regeneration project.

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A Reference Model for Audit and Project Management in the Information Technology using the CMM (CMM 기반 정보기술 프로젝트 관리 및 감리 참조 모델에 관한 연구)

  • 김태달
    • Journal of Internet Computing and Services
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    • v.2 no.2
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    • pp.11-22
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    • 2001
  • For the effective and efficient management of the information system development project. the domestic market is also required to manage the project and set up the information system audit items, which are applicable to the actual project using CMM(Capability Maturity Model). With this thesis, we suggest a reference model complimenting the project. by letting a project manager recognize beforehand the present maturity status, within an organization as well as step-by-step management items and audit indicators for the future capability maturity improvement.

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Establishment of Watershed Management System for Efficient Water Management in the Yeongsan and Seomjin River Basin (영산강·섬진강 수계 효율적 물관리를 위한 유역관리 시스템 구축)

  • Joung, Hee-Joung;Jung, Jae-Woon;Kim, Kap-Soon;Park, Ha-Na;Lim, Byung-Jin;Huh, Yu-Jeong;Lee, Jun-Bae
    • Korean Journal of Environmental Agriculture
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    • v.31 no.2
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    • pp.200-204
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    • 2012
  • BACKGROUND: Recently, the project for improvement of water quality and preservation of the Yeongsan and Seomjin river basin was actively promoted. However, the publicity for many results of the project is not actively done, thus they are rarely used. Furthermore, there are not sufficient information about the projects preformed by other research institutions. Therefore, the watershed management system for efficient water management is needed in the Yeongsan and Seomjin river basin. CONCLUSION: Firstly, establishment of the Yeongsan and Seomjin river basin management research center, Secondly, construciton of wed-based water management research network. These results will serve as a basic data for efficient water management.

The Relationship between Project Financing and Exportation Strategy towards Emerging Market in Electric Power Industry (이머징 마켓에 대한 전력산업 수출화전략과 프로젝트 파이낸싱)

  • 이근대;이창호
    • Proceedings of the Korea Technology Innovation Society Conference
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    • 2001.05a
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    • pp.557-572
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    • 2001
  • This study tries to analyze the possibility of application of project financing to electricity industry and analyze the management of risks happening in the process of foreign project procurement and construction. Those are based on the trends and analysis of project financing in foreign projects. Risks are 'classified as risks before completion of projects and risks after completion. Project financing is key element of exportation and financial strategies and activation of project financing may provide the acceleration of the efficient financial market.

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Development of International Project Risk Index (IPRI)

  • Yoo, Wi Sung;Kim, Woo-young
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.49-50
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    • 2015
  • Since the mid-2000s, Korean large-sized construction companies have pursued in earnest to expand their business to global construction market in surroundings that domestic market have a continuous and long-term stagnation. However, during last a few years, they have experienced the serious financial loss from international projects. In the meantime, for the sound improvement of Korean construction industry, many stakeholders long for efficient early warning signals to generally monitor and track the potential risks of international projects. In this study, we introduce an International Project Risk Index (IPRI), which is derived from massive data provided by large-sized companies, and expect to provide the practitioners and decision makers as an aid to proactively cope with the change of the potential risks. The outcomes from the IPRI can be utilized to prepare a timely management strategy and to establish an appropriate government support regulation.

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An Estimation of the Standard Cost of Project Management of Empowerment Sector in Comprehensive Rural Village Development Project (일반농산어촌개발 지역역량강화사업비의 적정요율 산정)

  • Choi, Young-Wan;Park, Hyun-Yong;Kim, Young-Joo
    • Journal of Korean Society of Rural Planning
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    • v.19 no.3
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    • pp.131-144
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    • 2013
  • The existing standard cost of project management of empowerment sector in general rural development project has problems with standard cost system without considering characteristics of empowerment project and unclear division of works. These problems are a lot of trouble to fulfill the project. Thus, it needs an arrangement of standard cost considering detailed characteristics of project management in the empowerment sector. The contents and results of this study can be summarized as follows. 1) To set accurate standard cost, we carried out three-step processes, such as elicitation of standard works, calculation of workload and determination of standard cost. (1) In an investigation of 30 rural area dividing 8 parts about an workload of empowerment project, an average workload is 1,499 hours. (2) Based on this results, the standard cost is calculated at 15% of project cost in over 600 million won, at 28.75% of project cost in under 500 million won, by standards of empowerment project cost. 2) It set the responsibility management cost to 15% of empowerment project cost considering existing awareness, workload and work professionalism of project management. Based on the results, It suggested the practical use as basis for efficient management of the future empowerment projects. To achieve this, It needs to promote maximizing results on the whole project through the legalization processes including amendment of existing regulations.

Cost-benefit Analysis of Nutrition Management Program for Children Aged Under 5 Years in DR Congo (콩고민주공화국 5세 미만 아동대상 영양관리 프로그램의 비용편익 분석)

  • Lee, Tae Ho;Lee, Chae Eun;Nam, Eun Woo
    • Korean Journal of Community Nutrition
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    • v.23 no.5
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    • pp.385-396
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    • 2018
  • Objectives: This study aims to evaluate the economic efficiency of a nutrition management program for children under 5 years of age in Kenge, Kwango District, Democratic Republic of the Congo (DR Congo) from 2014 to 2016. Methods: The economic efficiency of a nutrition management program for children under 5 years of age who have recovered from malnutrition status was evaluated using a cost-benefit analysis. The costs were analyzed according to the executed budget incurred during the project period. The benefits were estimated as the monetary value of the saved lives of children under 5 years of age. The economic efficiency of the program was determined by the Benefit-Cost Ratio (BCR). The BCR was calculated by dividing the total discounted benefit by the total discounted costs. The project is economically efficient when the BCR is greater than 1. Results: The costs of the nutrition management program were calculated as 1,677,609,648 Korean Won (KRW). A total of 2,466 children survived with improved malnutrition status through this program. The benefit for the reduction of mortality for children under 5 years of age was estimated to be 6,814,354,467 KRW, the estimated value of life for 2,466 children. The BCR was 4.06. Conclusions: The nutrition management program for children under 5 years of age in DR Congo was found to be a cost-effective project. Successful and efficient Official Development Assistance (ODA) for a health project requires integrated and comprehensive strategies and specialized international development consulting to improve efficiency. Future nutrition management programs should take into account the national health program to maintain the sustainability of the project.

Optimal Project Duration Estimation Through Enhanced Resource Leveling Technique (개선된 자원 평준화 기법을 활용한 적정 공기산정 방안)

  • Kim Kyung-Hwan;Yoon Yung-Sang;Kim Jae-Jun
    • Korean Journal of Construction Engineering and Management
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    • v.5 no.5 s.21
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    • pp.126-134
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    • 2004
  • Since a construction project is a series of works that utilizes resources to accomplish the project goal for a given time period, efficient resource management is a prerequisite for the success of the project. Two major areas of resource management are resource constrained scheduling focusing on the limited resource availability and resource leveling focusing on smoothing resource usage pattern on the fixed project completion time. It is not available, however, to apply both techniques to a project at the same time. This paper proposes a model to enhance the minimum moment algorithm of resource leveling, aiming to find an efficient usage of resources and an appropriate project completion time. A survey was performed to evaluate the major five factors in the model. A case study demonstrates the value of the proposed resource leveling technique.

A study on the Impact of Project Logistics Riskon Overseas Plant Business Performance (프로젝트 물류 리스크가 해외 플랜트 사업성과에 미치는 영향에 관한 연구)

  • Eun-Jin Park;Jin-Ho Oh;Keun-Sik Park
    • Korea Trade Review
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    • v.45 no.2
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    • pp.191-209
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    • 2020
  • Project logistics is becoming increasingly important in overseas plant projects. Efficient logistics risk management is needed to reduce construction period and reduce costs. However, Korean construction firms bid unconditionally without sufficient experience and analysis on overseas plants contract, companies are gradually losing profitability on projects due to not considering profitability. Despite the significant effects on the profitability of Korean construction companies, and although these companies still continue to bid on overseas plant projects, policies to manage project logistics risks for safe transport and compliance with the contracted building schedule in the long term is still lacking. Hence, this study investigates the risk factors related to project logistics and to analyze the effect of project logistics risk on overseas plant business performance. We conducted a survey of project-related workers. The results of the analysis are as follows: First, among the logistics risk factors, overseas platform business people recognize operational risk and financial risk factors, which have a positive effect directly on overseas plant performance. Second, the ability to manage project logistics risks can have a significant impact on the success or failure of overseas plants. Finally, if logistics risk factors are managed on the basis of the research results confirmed through empirical analysis, it is possible to carry out more efficient and effective management of the project, which implies that this will have a positive effect on overseas plant business performance.