• Title/Summary/Keyword: Project Completion Performance

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Design Direction of a Big Data based Performance Monitoring System using Quality Function Deployment (QFD를 이용한 빅 데이터 기반 성과 모니터링 시스템의 설계방향 도출)

  • Kim, Chang-Won;Kim, Taehoon;Seo, Junghoon;Lim, Hyunsu
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2021.05a
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    • pp.255-256
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    • 2021
  • The performance measurement of construction projects has traditionally been evaluated as a prerequisite for successful project completion. Considering this importance, the UK and the US are operating quantitative performance measurement systems for construction projects. However, in the case of Korea, there is a limit to the use of existing methods due to the limitation of data collection. Recently, in consideration of the domestic situation, research is being conducted to measure the quantitative performance of a project by using big data including progress and project attribute information. Therefore, this study aims to present the design direction of a performance monitoring system using Quality Function Deployment.

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A Study on the Project Evaluation Indicators for the Efficient Integrated Rural Development in Block Grants System (포괄보조금제도하에서 효율적인 농어촌지역개발을 위한 사업평가지표 연구)

  • Lee, Joo-Yong;Kim, Sun-Joo
    • Journal of The Korean Society of Agricultural Engineers
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    • v.53 no.1
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    • pp.57-62
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    • 2011
  • Block Grants System to the agriculture sector has been started from 2010. This paper has been studied for the effective Integrated Rural Development under Block Grants System. For this, project evaluation items and indicators (PEI) were studied by internal and external example and specialist questionnaire on project evaluation. As the result of study, necessity of project, faith of project, efficiency of project, utilization of resources and operating capability were established in planning step, and most important PEI was established the necessity of project. And in enforcement step, performance result, monitering, capability, achievement and maintenance were established, and most important PEI was established performance results. Finally, monitering, capability, achievement and maintenance were established in completion step.

Control Variates for Percentile Estimation of Project Completion Time in PERT Network (통제변수를 이용한 PERT 네트워크에서 프로젝트 완료확률의 추정)

  • 권치명
    • Journal of the Korea Society for Simulation
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    • v.9 no.4
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    • pp.67-75
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    • 2000
  • Often system analysts are interested in the estimation of percentile for system performance. For instance, in PERT network system, the percentile that the project. Typically the control variate method is used to reduce the variability of mean response using the correlation between the response and the control variates with a little additional cost during the course of simulation. In the same spirit, we apply this method to estimate the percentile of project completion time in PERT system, and evaluate the efficiency of the controlled estimator for its percentile.1 Simulation results indicate that the controlled estimators are more effective in reducing the variances of estimators than the simple estimators, however those tend to a little underestimate the percentiles for some critical values. We need more simulation experiments to examine such a kind of bias problem. We expect this research presents a step forward in the area of variance reduction techniques of stochastic simulation.

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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 Study on the Effect of R&D Project Management System on R&D Project Performance: Focusing on the Mediating Effects of Integrated Management and Life Cycle Management (R&D 프로젝트관리시스템이 R&D 프로젝트성과에 미치는 영향에 대한 연구: 통합관리 실행 및 전주기관리 실행의 매개효과를 중심으로)

  • Jongho Won;Sungyong Choi;Heekyung Kim;Sohyun Park
    • Journal of Information Technology Services
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    • v.22 no.3
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    • pp.65-83
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    • 2023
  • Due to the development of modern technology and the enlargement of industrial scale, the scale of many projects is expanding and the complexity is also increasing. Individual management of existing projects cannot effectively manage projects in this trend, and it is necessary to systematically manage the entire process from initiation to completion. Accordingly, the need for integrated management and life cycle management that can efficiently manage the entire project is emerging, and for this, a systematic project management system is also required. PMS enables efficient project management by linking business processes such as resource, schedule, scope, and output management of a project with separately separated infrastructure accordingly. In this paper, a research model was proposed to manage the project from the perspective of implementing integrated management and life cycle management, especially during R&D project execution, and to prove the mediating role between PMS and R&D project performance for this purpose. The proposed research model will be able to help companies and organizations that feel the need to implement integrated management and life cycle management and are preparing to build a PMS-type system or that have already been established to efficiently perform project management.

A Study on Predicting Construction Cost of Educational Building Project at early stage Using Support Vector Machine Technique (서포트벡터머신을 이용한 교육시설 초기 공사비 예측에 관한 연구)

  • Shin, Jae-Min;Kim, Gwang-Hee
    • The Journal of Sustainable Design and Educational Environment Research
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    • v.11 no.3
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    • pp.46-54
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    • 2012
  • The accuracy of cost estimation at an early stage in school building project is one of the critical factors for successful completion. So various of techniques are developed to predict the construction cost accurately and expeditely. Among the techniques, Support Vector Machine(SVM) has an excellent ability for generalization performance. Therefore, the purpose of this study is to construct the prediction model for construction cost of educational building project using support vector machine technique. And to verify the accuracy of prediction model for construction cost. The performance data used in this study are 217 school building project cost which have been completed from 2004 to 2007 in Gyeonggi-Do, Korea. The result shows that average error rate was 7.48% for SVM prediction model. So using SVM model on predicting construction cost of educational building project will be a considerably effective way at the early project stage.

Research of Schedule Managing and Forecasting for Project Progress Method in Defense Research & Development using Earned Schedule Concept (Earned Schedule 개념을 활용한 국방 연구개발 사업진도 기법의 일정 관리 및 예측 기능 연구)

  • Cho, Jungho;Ryu, Sangchul;Lim, Jaesung
    • Journal of the Korea Institute of Military Science and Technology
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    • v.22 no.4
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    • pp.567-574
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    • 2019
  • Traditional project progress method(PPM) has been used for Korean defense research and development project management for the last 20 years. However, it is difficult to intuitively understand the performance in terms of the project schedule, because the PPM does not provide the function of managing and forecasting project schedule. Therefore, this paper proposes new schedule managing and forecasting function for the PPM using earned schedule management concept. We verify the effectiveness of the proposed functions through several defense projects and prove that it is possible to reinforce the schedule management function of the PPM.

Stochastic Scheduling for Repetitive Construction Projects

  • Lee, Hong-Chul;Lee, Dong-Eun
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.166-168
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    • 2015
  • Line of Balance (LOB) method is suitable to schedule construction projects composed of repetitive activities. Since existing LOB based repetitive project scheduling methods are deterministic, they do not lend themselves to handle uncertainties involved in repetitive construction process. Indeed, existing LOB scheduling dose not handle variability of project performance indicators. In order to bridge the gap between reality and estimation, this study provides a stochastic LOB based scheduling method that allows schedulers for effectively dealing with the uncertainties of a construction project performance. The proposed method retrieves an appropriate probability distribution function (PDF) concerning project completion times, and determines favorable start times of activities. A case study is demonstrated to verify and validate the capability of the proposed method in a repetitive construction project planning.

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Running Performance Analysis for the High-speed Electric Multiple Unit 400km/h Experimental (차세대 고속열차 주행성능해석)

  • Lee, Tae-Hyung;Park, Choon-Soo;Han, In-Soo;Choi, Sung-Hoon;Kim, Sang-Soo
    • Proceedings of the Korean Institute of Electrical and Electronic Material Engineers Conference
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    • 2009.06a
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    • pp.478-479
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    • 2009
  • The HEMU-400X(High-speed Electric Multiple Unit 400km/h eXperimental) project starts in 2007. It is required to analysis and simulate the train performance throughout the project life cycle for a successful completion of the project. This paper is devoted to the development of a train performance analysis model for the high-speed electric multiple unit 400km/h experimental. The model consist of running resistance model, train model, traction model and braking model. So, this paper represents the results of the train performance analysis.

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Quality Management Model for Process Performance Level and Development Technology (프로세스 이행 수준과 개발 기술 품질 관리 모델)

  • Park, J.H.;Park, Y.S.;Jung, H.T.;Kim, S.H.
    • Electronics and Telecommunications Trends
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    • v.32 no.6
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    • pp.105-115
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    • 2017
  • This paper describes a project - based quality management model that identifies development technologies and codes while at the same time verifying the ability to implement processes that are essential in R & D projects. In order to verify the process implemented in the R & D project implementation, there are review, checking points, and evaluating methods the process performance levels for five processes such as defining requirements which is the beginning stage of system development, testing process which is the completion stage of system development, and project management and peer review process for project management and support in the proposed project-based quality management model. For development technology and code validation, the model included the documented test cases for each requirement by the developer in the requirements definition stage, debugging and testing in the design and implementation stages, static analysis and open source licence verification procedure, and system environment. After applying the model in SW development R&D project for evaluating the process performance, and verifying the development technology and the code, the developers responded that the improvement in the development technique and the code, and upgrade of process performance level for project are more than 10%.