• Title/Summary/Keyword: Management tools & techniques

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On the Application of Risk Management by Levels of Project Management Maturity (프로젝트관리 성숙도별 리스크관리 적용)

  • Min, Taek-Kee
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.34 no.2
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    • pp.19-29
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    • 2011
  • The uncertainty of a project generates risks hindering the goal achievement of the project, and the risks affect the success or failure of the project significantly. Risk management, a part of the project management, includes various processes, and there are also various tools or techniques applicable to that. In an organization, the application of project management develops gradually from low to high maturity, and the organization should choose and implement a method of application proper for the level of its maturity. This article suggests a method to reduce inefficiency of the management and how to apply risk management by levels of maturity for easier application. For this, the stages of project management maturity levels were divided into the introduction, development, and maturity step, and methods of risk management suitable for each stage were applied. And methods of risk management that need to be applied by the levels of project maturity are divided into three factors : risk management processes, risk management tools and techniques, and risk management standards and templates. It is expected to be favorable approaches for the application of risk management in an organization to divide those factors into more concrete processes, tools, techniques, and standards and apply them by the levels of management maturity.

An Empirical Study on Performance of Six Sigma Tools in Korean Service Industry (한국 서비스산업의 6시그마 기법 시행과 그 성과에 관한 실증적 연구)

  • 장대성;양종곤;황인천
    • Journal of Korean Society for Quality Management
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    • v.32 no.1
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    • pp.1-20
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    • 2004
  • Six sigma has been the most influential management innovation program since 1996 in Korea. As a result of successful implementation of 6 sigma, there have been a number of dramatic quality improvement cases. However, no empirical study of 6 sigma implementation study has done especially in the service industry of Korea. This article reviews status of finance companies which implemented 6 sigma programs in Korea and then demonstrates the relationship between 6 sigma problem solving tools such as analysis of variance and graph techniques, etc and project success and operational performance. Customer survey tools, process analysis, and documentation tool are identified as influential tools on project success. Tools of measure steps, customer survey tools, and documentation tool are found as influential tools on operational performance.

A Study on the Application of Concept Mapping Techniques as Knowledge Acquisition and Knowledge Representation Tools (지식획득 및 표현도구로써 개념매핑기법 활용에 관한 연구)

  • 김성희
    • Journal of the Korean Society for information Management
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    • v.16 no.4
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    • pp.53-74
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    • 1999
  • This paper describes concept mapping techniques for eliciting and representing knowledge. Concept mapping techniques range from very informal to very formal. Informal concept mapping techniques are usually very easy to use and understand for humans, but not for computers. Formal concept mapping techniques are computational, but humans usually find them hard to understand and use. A knowledge acquisition and representation tools which handle both kinds, and the transition from informal to formal, would be very useful. It is proposed that concept maps be regarded as basic components of any knowledge-based system, complementing text and image with formal and informl active diagrams.

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QUALITY MANAGEMENT CONCEPTS, PRINCIPLES, TOOLS AND PHILOSOPHIES: A VALID METHODOLOGY FOR DEPLOYMENT WITHIN UK CONSTRUCTION-RELATED SMEs

  • Nicholas Chileshe
    • International conference on construction engineering and project management
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    • 2007.03a
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    • pp.206-217
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    • 2007
  • Generally, there is confusion as to what constitutes TQM, though it can be regarded as a set of concepts and tools for getting all employees focused on continuous improvement, various schools of thought have defined or classified the critical success factors as constructs, concepts and principles. Therefore the main aim of this paper is to provide a practical approach for understanding the quality management terminology. Using the existing quality management measurement instruments available in literature, the terminology used is classified into constructs, practices and finally tools or techniques. Quality Management may then be viewed as a combination of the three sets of terminology. Drawing on the quantitative study which investigated the implementation of TQM within the SME, the critical factors of TQM as used in that study as used to demonstrate the practical approach or methodology for the understanding of the terms thus used. For the benefit of practitioners within the Construction Management field, a bit of clarity is required as regards the terminology used. This study contributes to clarifying the conflicting results being reported in the quality management literature which inevitably leads to having different levels of analysis of Quality Management. Accordingly, the strength of quality management compared with other business philosophies should then focus on the practical methodology, namely the practices and techniques.

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The Impact of several management tools and techniques adoption on strong small business enterprises' Performance (경영기법 및 도구의 적용이 강소기업 경영성과에 미치는 영향분석)

  • Kim, Kyung-Ihl
    • Journal of Convergence Society for SMB
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    • v.6 no.3
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    • pp.7-12
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    • 2016
  • This paper aims to examine the adoption of several management tools & techniques(MT&T) by the Strong Small Business Enterprises (SSBE) in Korea, In addition, the paper examines the impact of the adopted MT&T techniques on a company's overall performance. The paper used a questionnaires survey method to gather the required data. The paper used descriptive statistics, correlation and regression techniques to analyze the data. The paper found that benchmarking, BSC, IMS and TQM are among the MT&T techniques widely adopted by SSBE. In addition, the paper found that the adoption of MT&T techniques significantly influenced the companies' overall performance. More specifically, the paper found that the adoption of BSC significantly influenced that the companies' profitability, customer satisfaction, market position and sales growth for exisiting services and products. The findings this paper provide could be considered important and useful for advancement of companies adopting MT&T techniques to improve their performance.

Trend Analysis for Risk Management of Construction Project using P.M.I. Techniques (P.M.I. 기법을 이용한 국내 건설업체 리스크관리 실태 분석)

  • 정병화;정영식
    • Journal of the Korean Society of Safety
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    • v.16 no.4
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    • pp.115-122
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    • 2001
  • Recently construction enterprises involves more occurred with increase of size and complxity of construction works. Risk management is one of the key project management process. Numerous tools are available to support the various phases of the risk management process. We present the results of a study designed to identify the tools that are most widely used and those that are associated with successful project management in general, and in effective project risk management in particular. The study is based on a questionnaire administered to a sample of project managers from construction enterprises. The response data was analyzed in order to find which tools are mon likely to be used in the those organizations that report better project management performance and in those that value the contribution of risk management processes.

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A Conformance Rating Model for the Organizational Culture to TQM Strategy and Tools - A Case of H medium-sized manufacturing company - (TQM 전략 및 도구에 대한 조직문화의 적합성 평가모형 - H 중소제조기업의 사례분석 -)

  • 유한주
    • Journal of Korean Society for Quality Management
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    • v.29 no.2
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    • pp.29-36
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    • 2001
  • This paper examines some reasons of TQM failures and offers a model for evaluating the relationships between different TQM tools and techniques and the organizational culture and competitive strategy. The proposed model is based on the concept of quality function deployment and utilizes a modified house of quality. The compatibility of TQM tools and techniques with the organizational culture can be rated by this model. The model is validated by the case of H medium-sized manufacturing company Finally the implications of the case and the summary of this paper are presented.

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MANAGEMENT THINKING BEHIND PERFORMANCE MEASURES

  • Yong-Woo Kim ;Glenn Ballard
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.377-382
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    • 2005
  • The tools, methods and measures used for project control reflect underlying theories of management. Management theory has been neglected in the construction industry, which has rather focused on tools and neglected theory. This paper contributes to the theory of project management by introducing and developing two fundamental and competing conceptualizations of management: MBM (Managing-by-Means) and MBR (Managing-by-results). Current project control and performance measurement practice is based on MBR. However, project control based on MBR may not be appropriate for managing dynamic projects. The paper present the Last PlannerTM System (LPS) and Process Variance Control (PVC) as examples of methods reflecting the MBM view. It is argued first that the MBM view is appropriate for managing uncertain, complex and quick projects. The paper also explores how MBR tools and techniques may be appropriately used within an MBM framework.

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A Conceptual Modeling Tools for the Model Base Design (모델베이스 설계를 위한 개념적 모델링 도구에 관한 연구)

  • 정대율
    • The Journal of Information Systems
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    • v.7 no.1
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    • pp.181-208
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    • 1998
  • In many literatures of model management, various schemes for representing model base schema have proposed. Ultimately, the goal is to arrive at a set of mutually supportive and synergistic methodologies and tools for the modeling problem domain and model base design. This paper focus on how best to structure and represent conceptual model of problem domain and schema of model base. Semantic concepts and modeling constructs are valuable conceptual tools for understanding the structural relationships and constraints involved in an model management environment. To this end, we reviewed the model management literature, and analyzed the constructs of modeling tools of data model management graph-based approach. Although they have good tools but most of them are not enough for the representation of structural relationships and constraints. So we wanted more powerful tools which can represent diverse constructs in a decision support modeling and model base schema design. For the design of a model base, we developed object modeling framework which uses Object Modeling Techniques (OMT). In Object Modeling Framework, model base schema are classified into conceptual schema, logical schema, and physical schema. The conceptual schema represents the user's view of problem domain, and the logical schema represents a model formatted by a particular modeling language. The schema design, this paper proposes an extension of Object Model to overcome some of the limitations exhibited by the OMT. The proposed tool, Extended Object Model(EOM) have diverse constructs for the representation of decision support problem domain and conceptual model base schema.

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Emerging Data Management Tools and Their Implications for Decision Support

  • Eorm, Sean B.;Novikova, Elena;Yoo, Sangjin
    • Journal of Korea Society of Industrial Information Systems
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    • v.2 no.2
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    • pp.189-207
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    • 1997
  • Recently, we have witnessed a host of emerging tools in the management support systems (MSS) area including the data warehouse/multidimensinal databases (MDDB), data mining, on-line analytical processing (OLAP), intelligent agents, World Wide Web(WWW) technologies, the Internet, and corporate intranets. These tools are reshaping MSS developments in organizations. This article reviews a set of emerging data management technologies in the knowledge discovery in databases(KDD) process and analyzes their implications for decision support. Furthermore, today's MSS are equipped with a plethora of AI techniques (artifical neural networks, and genetic algorithms, etc) fuzzy sets, modeling by example , geographical information system(GIS), logic modeling, and visual interactive modeling (VIM) , All these developments suggest that we are shifting the corporate decision making paradigm form information-driven decision making in the1980s to knowledge-driven decision making in the 1990s.

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