• Title/Summary/Keyword: Global Project

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Successive Case of Global Shopping Mall Project for Small and Medium Enterprises: Zungle Incorporation (중소기업을 위한 글로벌 쇼핑몰 지원사업의 성공사례: 주식회사 정글)

  • Choi, Seok-Beom
    • Korea Trade Review
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    • v.44 no.1
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    • pp.221-235
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    • 2019
  • SMEs are experiencing difficulties in doing sales promotion due to the low awareness of the image of the company and the products produced by them in the global market. Therefore, the Government should seek ways to raise awareness of SMEs' image and products. SMEs have to carry out global innovation activities needed to develop new products or new technologies, but they are exposed to limitations of these innovative activities due to the limit of their available resources. Therefore, as a national project, the Ministry of SMEs and Startups and the Small and Medium Business Corporation are doing project for fostering and constructing global shopping mall (independent mall) so that SMEs can strengthen their global innovation activities. The purpose of this paper is to contribute to succeeding in the project for fostering and constructing global shopping mall (independent mall) by studying the case of Zungle Incorporation which operates a global shopping mall and greatly increases exports by participating in this project, and identifying success factors of Zungle Incorporation in doing this project.

Analysis of the Changes in the Perceived Important Capabilities of Construction Project Managers after the Global Financial Crisis

  • Lee, Na-Kyung;Bae, Ju-Lee;Jang, Hyoun-Seung
    • Journal of Construction Engineering and Project Management
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    • v.2 no.3
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    • pp.8-16
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    • 2012
  • After the 2008 global financial crisis, the construction environment in South Korea continued change in the construction environment. Construction orders in 2011 have shown a downward trend compared with the previous year. Along with these changes in the construction market, the professional capabilities of construction project managers that are perceived as important also changed after the global financial crisis. Accordingly, this study was conducted to identify the major business capabilities of the current construction project managers and to determine which of these capabilities have undergone changes in terms of the importance accorded to them after the global financial crisis, and ultimately, to derive the construction project manager capability areas that need to be strengthened according to the changes in the construction environment. The capabilities of construction project managers were surveyed at two different time points: in 2007 and in 2010. The results show that the year 2010, after the global financial crisis, an increase in the perceived important capabilities of construction project managers compared with 2007. This results the impact of the changes in the construction environment on the importance of construction project managers. This study derived the ramifications of the early identification of systems and prospects according to the changes in the construction circumstances on more efficient onsite and human resources management, by considering the appropriate capabilities of the construction project managers.

Global Project Finance Trends and Commercial Risk Analysis (글로벌 프로젝트 파이낸스 최근 동향 및 상업위험 분석)

  • Kim, Sang Man
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.61
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    • pp.273-302
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    • 2014
  • Project finance ("PF") is a method of raising long-term debt financing based on lending against the cash flow generated by the project alone. Project finance is a nonrecourse or limited recourse financing structure against the sponsors(or the investors). The debt terms in a project finance are not based on the creditor's credit support or on the value of the assets of the project. Lenders rely on the future cash flow to be generated by the project for debt repayment and interest, rather than the value of the project or the credit ratings of the sponsors. The non-recourse or limited recourse financing usually prompt potential project finance lenders to assess carefully all possible risks that might arise in a project to ensure that those risks are mitigated and controlled. In this respect, project finance is a opposite financing method of corporate finance. Project finance has rapidly grown over the last 20 years due to the worldwide process of privatization of public sector and development of natural resources. Global project finance volume reached the record USD 406.5 billion in 2011. In 2012, however, Global project finance volume dropped 6% to USD 382.3 billion. Infrastructure overtook Energy to lead all sectors with USD 113.6 billion. It is generally recognized that there are more and higher risks in project finance compared with corporate finance. Project finance is exposed to commercial risks as well as political risks. The main commercial risks are completion risks, environmental risks, operating risks, input supply risks, revenue risks, etc, and the main political risks are currency convertibility and transfer risks, expropriation risks, war and civil disturbance risks, risks of breach of government concession agreement, etc. Completion risks include permits risks, risks relating to the EPC Contractor, construction cost overrun, delay in completion, inadequate performance on completion, etc.

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A study on the Project Management Plan (PMP) Development Appropriate for Global Construction Environment (글로벌 건설 환경에 적합한 건설사업관리계획서(PMP)에 관한 연구)

  • Yang, Myung-duck;Kim, Chang-kwon;Yang, Jae-woong
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2015.05a
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    • pp.107-108
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    • 2015
  • It's became essential that Korea construction companies should enter into the overseas construction market for their growth and sustainability. In order to comply with the client's required global standard and to compete with in the international market, the shifting the construction project management system to global level is required. In accordance with the demand, this paper proposes the top-level document of construction project management system as a to-be model that utilized in overseas construction projects. The project management plan ("PMP") suggested in this paper is not only the most appropriate one, which complies with the global standard, to be used when companies bid for international construction projects against foreign competitors but also has the process modeling and hierarchical structure.

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Innovation of Engineering Education via Global Automotive Development Project

  • Jee, Hae-Seong
    • Journal of Engineering Education Research
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    • v.12 no.3
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    • pp.41-49
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    • 2009
  • The paper introduces an educational environment for multidisciplinary automotive development project made with other global institutions worldwide. The main objective is to accelerate students design and manufacturing skills, while giving them the experience of global communications for a large scale collaboration. This objective demands the intimate partnership between industrial design and engineering worldwide as well. Not only is the design and manufacturing portion of the project a challenge, but the students must organize the project teams together to incorporate different subsystem designs from other institutions, which, after all, requires constant communication and a truly team-oriented atmosphere for the global innovative engineering education.

The global standard realizing process of the Automobile Assembly Facility

  • Nashimoto, Tomoo
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.24-25
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    • 2015
  • To realize the global standard of the assembly facility, one of key point is an influence of local characteristic. The global standardized information could be a useful input, especially at the beginning stage of the project. The content should be carefully checked against local requirements, in order to develop an Assembly Facility design to meet local regulations & characteristics. The level of input information required in each step is different depend on regions & countries. At an execution stage of the project, the global standard input needs to be updated as customized final input for the construction. There will be many issues to be clarified and coordinated so that the Assembly facilities meet the final requirements for the production technology. As a result, it is important to understand the timing to use the global standard information and the contents what is needed to adapt to the local characteristics. And close collaboration between production technology team and facility team is always required.

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PROJECT LEADERSHIP: A GLOBAL STUDY OF NEW TRENDS

  • George Ofori;Shamas-ur-Rehman Toor
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.41-50
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    • 2009
  • Project leadership lifts management to a new level where projects are seen as strategic weapons that help firms to develop competitiveness. For too long, the focus on projects has been on short-term, tool-oriented management. There is a need for fresh understanding of project leadership and appreciation of its importance. A state-of-the-art review of research on leadership in project management is presented. Results of an aspect of a global study on leadership in the construction industry are discussed. The need for project managers to be effectively developed as leaders is underscored.

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The Effect of Project Managers' Competences on Performance in Public S/W (공공 S/W 분야에서 프로젝트 관리자의 역량이 성과에 미치는 영향)

  • Oh, Minjeong;Ju, Hyoungjun;Lee, Minho
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.44 no.3
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    • pp.230-239
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    • 2021
  • There is a growing interest in project management knowledge, project management information systems, and process improvement to systematically project execution in public sectors, achieve high performance and value, and increase the effectiveness of the overall industry. In particular, the software industry is a knowledge-intensive industry centered on professional manpower. This study examines the effect of the project managers' competences of regional SW promotion agencies on and project performance and the moderating effect of the level of project management maturity. We collected data using a questionnaire to the project managers of regional SW promotion agencies. In this study, a structural equation model was used to analyze the relationship between project managers' competences and performance. In addition, a multi-group structural equation model was used to analyze the moderating effect according to the high and low project maturity. As a result of the analysis, it was found that only contextual competence among the competences of the project manager had a positive effect on project performance. It was found that technical and behavioral competence did not have a positive effect on management and completion performance. It was found that the moderating effect according to the maturity of business management of local institutions was not significant.

Development of Learner-centered Hybrid Project Learning Program (학생주도 창의융합 프로젝트 교육 모델 개발)

  • Shin, Sun-Kyung
    • The Journal of Korean Institute for Practical Engineering Education
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    • v.4 no.2
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    • pp.53-59
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    • 2012
  • This article reviews the current issues of engineering education: engineering creativity, R&D 3.0 and Education 3.0 and comfirms need of refining quality of engineering education through learner-centered hybrid project learning. this article suggests the Global engineering project(GEP) program as an ideal hybrid project learning model that develop student's creativity and convergence capability. GEP program is learnner-centered interdisciplinary program that whole processes are managed by interdisciplinary students team aiming to global engineers who are globally competent and locally relevant so that they can function effectively in any country by local activity in developing country. The program consist of four main parts: 1)pre activity, 2)local activity from abroad, 3)design and producing prototype and 4)participating in the design contest or academic conference with the products. As a result, students' global competence, teamwork skill and capability of creative problem solving are remarkably improved.

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The Study on Socioeconomic role of one dollar campaign project initiated by Rwandan diaspora

  • Emmanuel, Ntegamahererzo;Lee, Chun Ho
    • Asia-pacific Journal of Multimedia Services Convergent with Art, Humanities, and Sociology
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    • v.8 no.10
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    • pp.471-479
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    • 2018
  • This paper on the socioeconomic role of One Dollar Campaign project initiated by Rwanda Diaspora in the reconstruction of the country after 1994 genocide against Tutsi tends to show how Rwanda Diaspora contributes to the socioeconomic development of their home country. The 1994 genocide against Tutsi in Rwanda has destroyed the country and the Rwandan society; and rebuilding the trust, unity, hope and socioeconomic status of genocide survivors in particular and of all Rwandans in general had to engage all Rwandans wherever they were. The focus of this paper is to assess the change on socioeconomic status of the beneficiaries of the one dollar campaign project initiated by Rwanda Diaspora which aimed to help genocide survivor orphans to have a shelter. The results showed that the amount of money contributed by Rwanda Diaspora for this project is of paramount importance as it exerts a positive impact on genocide orphan survivors' daily life, change of their socioeconomic status and to the country's development in general.