• Title/Summary/Keyword: Project Portfolio

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A Productivity Analysis for Management Manpower of Building Construction Projects (건축공사의 현장관리 인력에 대한 생산성 분석)

  • Lee, Hyun-Min;Lee, Dong-Hoon;ZHENG, QI;Kim, Sun-Kuk
    • KIEAE Journal
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    • v.10 no.1
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    • pp.45-55
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    • 2010
  • While Korean construction companies are adapting themselves to rapidly changing business landscape at home and abroad, intensifying competition among competitors in local as well as global market deteriorates the profitability of construction industry, which leads to another problem. In response to such challenges, many construction companies continue to innovate their business portfolio and organization structure, with strong commitment to business process innovation. Furthermore, they need to analyze the productivity of project site management manpower overhauling business processes systematically and develop effective alternative strategies. This research aims to analyze the productivity of project site management manpower. Current operational practices of construction site organizations have been analyzed with focus on large construction companies in Korea and data gathered from project sites have been analyzed from a wide range of perspectives, In so doing, this research is expected to provide basic inputs for any subsequent attempt to estimate proper resource requirement for site management tasks in construction projects and analyze the management productivity of such resources by enabling construction companies to better understand the current operational status of site organization.

Project-based Embedded System Education Using Arduino (아두이노를 활용한 프로젝트 기반의 임베디드 시스템 교육)

  • Kim, Song-Ju
    • The Journal of Korean Institute of Information Technology
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    • v.15 no.12
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    • pp.173-180
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    • 2017
  • In this paper, we propose a project-based learning using Arduino as an example of embedded system class in engineering students. By introducing these Project-Based Learning(PBL) into engineering education, students became able to actualize individual theories that they had learned through their major curriculum and they were given the experience to build up their field work ability by participating in the whole project development process. We conducted a questionnaire survey to investigate the education effect of PBL before and after class and the results were analyzed using SPSS statistical program. Since PBL is mainly operated by a team system, communication skills and teamwork within the organization can be improved through interactions among the members. All of the materials produced during the course of the project could be used to make portfolio of students, which could be of great help to data for employment activities after graduation.

A Preliminary Study for Deriving Subjects of MOT Method Based on the Utilization Status in Korea Enterprises (기업활용수준을 반영한 기술경영 연구방법론 교과도출을 위한 사전연구)

  • Lee, Jae-Ha;Na, Won-Shik
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.35 no.2
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    • pp.212-219
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    • 2012
  • This study focus on what methods of MOT are needed and utilized to solve a technical problem in the MOT leading company. We first classified the MOT methods by project life cycle and R&D job quality based on the several discussion with working group. In order to study, the survey was carried out by 168 experts working on MOT practices. Our main research findings are as follows. The level of utilized MOT methods was above average because MOT sector was beginning to represent an increasing share of total R&D business. But the satisfaction level on the MOT majors was below average. The more utilized MOT methods in practices were 'environment analysis and opportunity research,' 'business feasibility,' 'roadmapping,' 'portfolio,' 'technology tree,' 'scheduling,' 'risk management,' 'six sigma,' 'design of experiment,' 'quality control,' 'cost analysis' etc. And the subjects of product realization process were also needed to MOT practice such as 'design for reliability,' 'design for cost,' 'design for performance,' 'design for safety' deeply involved to product quality. Finally, the capability requested to University students were 'problem define and solving,' 'technology planning and strategy,' 'creative thinking.'

Ex-ante Evaluation Process for Public R&D: Korean Case and its Implications for Indonesian R&D System

  • Lee, Elly Hyanghee;Jang, Young-Sun;Ariyani, Luthfina;Sari, Karlina;Hardiyati, Ria
    • Asian Journal of Innovation and Policy
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    • v.9 no.3
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    • pp.281-307
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    • 2020
  • A variety of approaches are being applied to improve the existing ex-ante evaluation by expert panels in publicly funded R&D. While the objective evaluation criteria are constantly being improved to screen and select the superior projects, alternative approaches such as random prioritization and logical modeling are also underway to overcome the conservative bias of reviewers and to secure disruptive innovation. This study intends to find critical implications for ex-ante evaluation of public R&D system from the comparison of Indonesia and Korea. For the comparative analysis, literature review and expert in-depth interviews are conducted on the national R&D system and the selection evaluation process. In Korea, the selection criteria of projects are legally promulgated for establishing an objective evaluation system, and at the program level, the major considerations in the planning process are specified by Presidential Decree. On the other hand, while Indonesia conducts R&D in 47 strategic fields largely by public research institutes (PRI) based on the non-competitive government contributions. This study draws out implications of institutionalizing the planning process at the level of program, and of increasing the ratio of contract-based competitive funding at the level of project in the national R&D portfolio.

Analyzing the Relationship between Dynamic Capability of Project-Based Organization and the Competitive Advantage in the E&C Companies (프로젝트 조직의 동적역량과 건설기업 경쟁우위와의 상관관계 분석)

  • Jin, Sangjoon;Oh, Minjeong;Kim, Seungchul
    • Korean Journal of Construction Engineering and Management
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    • v.20 no.1
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    • pp.73-85
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    • 2019
  • Since the beginning of a new century, many Korean construction and engineering companies are facing a very dynamic and fast changing business environment which includes severe competition, higher risk, economic depression, declining revenues and profits, etc. In order to cope with these challenges, they need to secure special capabilities to actively adapt to the paradigm changes. One of those capabilities could be project management capability which allows us to manage organizational resources dynamically and integratively based on project portfolio management concept. The objective of this study is to investigate how the dynamic capability of a project-based organization to control the resource affects the firm performance and the competitive advantages. Data was collected from the construction and engineering companies in South Korea by using survey questionnaire, and analyzed for empirical tests by using statistical methods such as structural equation modelling and path analysis. The results showed that the organizational resources, if they had the VRIN characteristics, would have positive impacts on creating the dynamic capabilities for project organization. In turn, the dynamic capabilities of a project organization would have impacts on improving business performance and creating competitive advantages. Also, it was found that the organizational resources may have direct impact on business performance and competitive advantages. The academic contribution of this study is that it attempts to integrate resource based view and the dynamic capability theory about creating competitive advantages for project based organization. This study also provided practical implications to the companies in construction industry by showing how to use organizational resources strategically to create competitive advantages.

A Study of IT Governance Model for Enterprise Information Management : Focused on Case Company (EIM(Enterprise Information Management)을 위한 IT 거버넌스 모델 연구 : 사례 기업을 중심으로)

  • Ahn, Jong-Chang;Kang, Youn-Chol;Lee, Ook
    • Journal of Information Technology Services
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    • v.10 no.2
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    • pp.95-117
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    • 2011
  • Today, IT governance has also become a subject of attention along with recent technologies such as ITSM (IT Service Management), PPM (Project Portfolio Management) and Compliance. At the national level, the market is fairly recent. and therefore, lacks detailed research in the field. Models specifically related to EIM has not yet been presented to this day, hence, firms that are considering EIM as a potential part of their information management system may fall into a state of disorder in the process of its implementation. To this end, this research attempts to construct an IT governance model for EIM based on existing models, surveys and interviews. In particular, E-discovery has been applied as means of protecting information assets and its use as evidence. In addition, by applying the research model to a particular global firm and then assessing its documentation management system, the overall feasibility of the research model has been tested.

An Evaluation Model Development of Technology Green Index(TGI) and It's Application to Defense R&D Projects (기술녹색도 평가모델 개발 및 적용사례)

  • Choi, Don-Oh;Lee, Hyo-Keun;Lim, Jong-Kwang;Lee, Hun-Gon
    • Journal of the Korea Institute of Military Science and Technology
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    • v.12 no.3
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    • pp.299-308
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    • 2009
  • In this paper, we have developed an evaluation model of technology green index(TGI) which includes 3 evaluation factors and 13 indicators. Furthermore, as presenting the degree of relative importance among evaluation factors and indicators for all R&D evaluation stages and all green technology areas, and applying the proposed model to 5 defense projects, we have found applicability of the model to evaluation of defense R&D projects. The results of evaluation using this model can be used to monitor the performance of project life cycle and develop R&D investment strategy of green technology using portfolio analysis.

IMPROVEMENT OF WASTE ADMINISTRATION BY NEW PUBLIC MANAGEMENT

  • Kotomi Uemoto ;Seigo Nasu ;Shunji Kusayanagi
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.424-428
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    • 2005
  • As the application of NPM in waste administration branch this paper proposes a new waste management method in order to increase the efficiency of resources and reduce the quantity of waste. First the matrix method is suggested which comprehensively consider and integrate the proposals of different government departments. Moreover the inhabitant's attitude toward the new waste management measures was investigated. Based on the investigation the evaluation function was made, which include three elements: necessary budget, the effect of cost decrease and the environmental burden decrease. The optimal method of budget allocation to maximize social welfare is proposed under the condition of limited budget by the evaluation function. By applying this system further local governments will be able to determine their adequate service level and budget size.

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Development of Fuel Conditioning System for 30 kW-class LFG Gasturbine Power Generation (30kW급 LFG 가스터빈 발전용 연료화 정제시스템 개발)

  • Hur, Kwang-Beom;Park, Jung-Keuk;Rhim, Sang-Gyu;Lee, Jung-Bin
    • New & Renewable Energy
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    • v.6 no.1
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    • pp.29-37
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    • 2010
  • Biogas is a carbon neutral energy and consists of mostly methane and carbon dioxide, with smaller amounts of water vapor, and trace amounts of $H_2S$, Siloxane and other impurities. Hydrogen sulfide and Siloxane usually must be removed before the gas can be used for generation of electricity or heat. The goals of this project are to develope the Fuel conditioning system of Land Fill Gas for 30kW-Micro Gas Turbine co-generation system. The fuel conditioning system mainly consists of $H_2S$ removal system, Land Fill Gas compressor, Siloxane removal system and many filtering systems. The fuel requirement of 30kW MGT is at least 32% of $CH_4$, $H_2S$ (<30 ppm), Siloxane (<5ppb) and supply pressure (> 0.6 MPa) from LFG compressor. Main mechnical charateristics of Micro Gas Turbine system by using LFG have the specific performance; 1) high speed turbine speed (96,000 rpm) 2) very clean emmission NOx (<9 ppm) 3) high efficiency of energy conversion rate. This paper focuses on the development of design technology for LFG fuel conditioning system. The study also has the plan to replace the fuel of gas turbine and other distributed power systems. As the increase of Land Fill Gas (LFG), this system help to contribute to spread more New & Renewable Energy and the establishment of Renewable Portfolio Standards (RPS) for Korea.

Design Study of Fuel Supply System for 5MW-class Bio Gasturbine by Using Food Waste Water (5MW급 바이오 가스터빈용 전처리시스템 설계연구)

  • Hur, Kwang-Beom;Park, Jung-Keuk;Yun, Eun-Young;Lee, Jung-Bin
    • New & Renewable Energy
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    • v.7 no.2
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    • pp.10-17
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    • 2011
  • Korea is the 11th largest energy consumption country and 96% of its total energy consumption depends on imports from overseas. Therefore it is a very important task to secure renewable energy sources which can reduce both the carbon-dioxide emission and dependency on overseas energy imports. Among the various renewable energy sources, organic wastes are important sources. In Korea, 113 million toe of methane is generated from organic wastes annually, but only 3.7% is effectively used for energy conversion. Thus, it is very important to make better use of organic wastes, especially for power generation. The goals of this project are to develope the fuel supplying system of Bio Gasturbine (GT) for 5MW-class co-generation system. The fuel supplying system mainly consists of $H_2S$ removal system, Bio Gas compression system, Siloxane removal system and moisture separating systems. The fuel requirement of 5MW-class GT is at around 60% of $CH_4$, $H_2S$ (<30 ppm), Siloxane(<10 mg/$nm^3$) and supply pressure (> 25 bar) from biogas compressor. Main mechnical charateristics of Bio Gasturbine system have the specific performance; 1) high speed turbine speed (12,840 rpm) 2) very clean emmission NOx (<50 ppm) 3) high efficiency of energy conversion rate. This paper focuses on the development of design technology for food waste biogas pretreatment system for 5MW-class biogas turbine. The study also has the plan to replace the fuel of gas turbine and other distributed power systems. As the increase of bioenergy, this system help to contribute to spread more New & Renewable Energy and the establishment of Renewable Portfolio Standards (RPS) for Korea.