• Title/Summary/Keyword: Project Success Factors

Search Result 398, Processing Time 0.022 seconds

A Study for Understanding and CSFs of SOA (SOA에 관한 이해와 구현 핵심성공요인 도출)

  • Lee, Sang-Min;Park, Jeong-Sun
    • Journal of the Korea Safety Management & Science
    • /
    • v.12 no.4
    • /
    • pp.247-254
    • /
    • 2010
  • In this study, we reviewed SOA from the points of the concept, definition, technical components. Additionally, we derived seven critical factors which can lead SOA project to success: top level support, employees education, problem definition, service identification, appropriate development method, continuous development, start from small success.

Improving the Accuracy of Early Stage Cost Estimation in Apartment Construction Project (공동주택 프로젝트의 초기 공사비 예측정확도 향상에 관한 연구)

  • Lim, So-Yean;Yeo, Sang-Gu;Go, Seong-Seok
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2010.05a
    • /
    • pp.143-147
    • /
    • 2010
  • Due to the diversification and complication of construction projects, controlling risks from the early design-planning phase gives huge impact on success of the construction project. As a part of managing uncertainties it is also important to estimate the project cost several times. Especially, estimating project cost in the early stage gives effects on making a budget for projects. This study estimated the apartment project cost using case-based reasoning(CBR), which is the process of solving new problems based on the past problems. For this, we deduced the apartment cost influence factors which can be gathered in the early stage of project. Based on the factors we established the database for apartment project and calculated the attribute value, attribute similarity and case similarity. Although we retrieve the most similar case from the database, it is very hard to utilize it directly due to the uniqueness of each project. So, Genetic Algorithm(GA) was applied in revising the cost of the retrieved-case. Therefore, the accuracy of the prediction was improved by GA optimization.

  • PDF

A Study on The Risk Factors to Strengthen the Competitiveness in the Overseas Development Projects - Focused on New Town development of Developing Country - (해외 개발사업의 경쟁력향상을 위한 단계별 리스크 요인분석 - 개발도상국 신도시 개발사업을 중심으로 -)

  • Choi, Sung-Lack;Kim, Jung-Hyun;Jang, Se-Jun;Paek, Joon-Hong
    • Journal of the Korea Institute of Building Construction
    • /
    • v.8 no.3
    • /
    • pp.59-67
    • /
    • 2008
  • Recently, domestic construction companies have been moving towards overseas markets due to decreasing orders and an increase in competitiveness within the domestic market. However, there is a higher risk involved in the overseas construction Industry than in the domestic construction industry. Especially, because domestic construction companies lack development's experience, such a companies have a weakness of hidden risk factors. For Overseas New Town development project's success of domestic construction companies, preferentially, It Is necessary to deduce and analysis of risk factors in real estate development phases. This study would possibly be able to provide the preliminary data for Overseas New Town development projects in the future.

A Study on CSFs in the 4th Industrial Revolution (제4차 산업혁명의 성공요인에 관한 연구)

  • Sung, Tae kyung
    • Journal of Service Research and Studies
    • /
    • v.10 no.1
    • /
    • pp.69-83
    • /
    • 2020
  • The purposes of this study is to identify the critical success factors for the 4th industrial revolution through literature review and to empirically evaluate the validity of these factors through questionnaires from executives engaging in the industries of the 4th industrial revolution. Literature review identifies leadership, change management, top management support, strategic fit, training, empowerment, teamwork, organizational culture, communication, and project management as ten critical success factors, Questionnaires were administered to CIOs and CEOs in the industries belong to the 4th industrial revolution. Response rate was 64.4% which shows quite high participation. Respondents rated strategic fit as the most important factor, followed by top management support, leadership, change management, project management, teamwork, communication, training, organizational culture, and empowerment. To successfully pursue the 4th industrial revolution, the followings are recommended. (1) detailed and refined execution strategy, (2) establishment of effective network among government, public companies, research institutes, universities, and industries, (3) strategic and long-term plan, (4) differentiated execution strategy from other countries and global cooperation system.

Investigating Main Causes for Schedule Delay in Construction Projects in Bangladesh

  • Rahman, MD. Mizanur;Lee, Young Dai;Ha, Duy Khanh
    • Journal of Construction Engineering and Project Management
    • /
    • v.4 no.3
    • /
    • pp.33-46
    • /
    • 2014
  • Delay is the most common problem in the construction industry. It has many negative effects on project's success in terms of time, cost, quality, and safety. From the literature review, a total of thirty-five factors of delay were selected. These factors were divided into seven groups related to materials, manpower, owner, consultant, contractor, construction, and external problems. This study was carried out to identify the main causes of delay for a construction project through their importance level. The importance level was determined based on the frequency of occurrence and severity of impact. The structured questionnaire has distributed to the respondents who have much experience in construction management in Bangladesh. The results of analysis indicated that top five factors of construction delay according to their level of importance are: (1) price of construction materials increased very rapidly, (2) political situation (revolution/ public strikes), (3) shortages of skilled workers, (4) poor site management and supervision by contractor, (5) incompetent/ immature subcontractors. These findings of this study are expected to be significant contributions to Bangladesh construction industry in controlling current performance of project on time overrun.

A Study on the Influencing Factors on the Profit Improvement Rate of IT Service Projects (IT서비스 프로젝트의 이익개선율 영향요인에 관한 연구)

  • Lee, Kyung-Bae;Oh, Jay-In
    • Journal of Information Technology Applications and Management
    • /
    • v.17 no.4
    • /
    • pp.127-156
    • /
    • 2010
  • Most companies in the IT service industry have suffered from low profitability although this industry is highly value added, which may result in losing the competitiveness of the industry. The purpose of this study is to identify the influencing factors on the profit improvement rate of IT service projects and suggest how to improve the profit improvement rate, thus recovering the competitiveness of the IT service industry. The 273 IT service projects conducted by an IT service company in Korea during the past three years were analyzed and the project managers who performed these projects responded to the questionnaire developed in this study. The result from the analysis of data collected shows that the influencing factors on the profit improvement rate of IT service projects include scheduling, experience in similar projects, the leadership of project leaders, the level of team skills, relationship with clients, and clients support.

  • PDF

Analysis of Success Factors of Rural Village Community Revitalization Project Based on Neo-Endogeneous Development Theory: Focusing on Seven Rural Villages in Cheonan, Chungnam province (신내생적 발전론에 입각한 농촌마을공동체 활성화 사업의 성공 요인 분석: 충남 천안지역 7개 농촌마을을 사례로)

  • Ko, Kyoung-Ho
    • Korean Journal of Organic Agriculture
    • /
    • v.30 no.1
    • /
    • pp.51-74
    • /
    • 2022
  • This study aimed to identify a difference in project implementation between villages that had executed rural village community activation support work successfully and those that had quit in the middle from the new endogenous development theory perspective. As a result, it was found that the main factors used for promoting to increase endogeneous development capabilities existed more in villages that executed project implementation support work successfully than in villages that had quit in the middle. Successful villages have a difference from the villages that had quit in the middle in that they have established a participatory decision making and cooperation system for stable operation even before their support work began, they have more assets for promoting community activity, residents' interaction and communal activity are becoming more active, and reciprocity-based mutual aid culture exists in many forms. In conclusion, seeing from the new endogenous development theory perspective, villages are developed under the interaction between internal and external factors, but the outcome of project implementation depends on whether village community holds its endogenous development capability to operate and develop such whole process of development. Therefore, village community activation policies need to be reinforced in the direction toward promoting to create the main factors for enhancing endogenous development capabilities.

A Process of the Risk Management for a Space Launch Vehicle R&D Project (우주발사체 개발사업의 위험관리 프로세스)

  • Cho, Dong Hyun;Yoo, Il Sang
    • Journal of the Korean Society of Systems Engineering
    • /
    • v.12 no.2
    • /
    • pp.19-27
    • /
    • 2016
  • Many countries concentrated on the space developments to enhance the national security and the people's quality of life. A space launch vehicle for accessing the space is a typical large complex system that is composed of the high-technology like high-performance, high-reliability, superhigh-pressure, etc. The project developing large complex system like space launcher is mostly conducted in the uncertain environment. To achieve a goal of the project, its success probability should be enhanced consistently by reducing its uncertainty during the life cycle: it's possible to reduce the project's uncertainty by performing the risk management (RM) that is a method for identifying and tracing potential risk factors in order to eliminate the risks of the project. In this paper, we introduce the risk management (RM) process applied for a Space Launch Vehicle R&D Project.

A Case Study on EAI Implementation for Enterprise Process Integration: Focusing on EAI Project in Deakyo Co (기업 프로세스 통합을 위한 EAI 구축사례: 대교(주)의 EAI 프로젝트를 중심으로)

  • Yoon, Cheol-Ho;Choi, Hea-Seong
    • Journal of Information Technology Services
    • /
    • v.5 no.3
    • /
    • pp.109-119
    • /
    • 2006
  • The company cannot optimize its computing environment just with individual solutions such as ERP(enterprise resource planning), SCM(supply chain management), CRM(customer relationship management), and KM(knowledge management). EAI(enterprise application integration) has emerged as an alternative that can optimize computing environment of the company through integrating such solutions and systems of distributed computing and mainframe environment. This paper reports the case study of Deakyo Co. in successfully implementing EAI. It describes project goal, project organization, project plan, the implemented EAI configuration and its features, the EAI effectiveness to the firm, and the critical success factors of the EAI project. This case study is thought to be useful as a practical guideline in carrying out EAI project of the company and to provide significant basis for constructing the theoretical framework of EAI project methodology.

The Surrey Research Park: A Case Study of Strategic Planning for Economic Development

  • Parry, Malcolm
    • World Technopolis Review
    • /
    • v.1 no.3
    • /
    • pp.206-225
    • /
    • 2012
  • The development of the Surrey Research Park by the University of Surrey is an addition to a number of existing strategies to collaborate with industry that it has developed over its 120 year history. The potential to undertake this development was based on owning a substantial land holding that the University acquired when the Borough Council for the town of Guildford invited the University to relocate from Battersea in London to its new location in 1966. Initial plans for the Park in 1979 were accelerated in 1981 in response to plans by the then government to reduce funding for Higher Education in the UK. Beyond a broad master plan for the site that was based on topography and access to the site the plans that were developed were based on a survey of 100 companies that were deemed to be in the target market for the site and a review of the other 7 science parks that were being developed in the UK in 1981. The findings from this proved to be important in developing the master plan for the site. Another important influence on the project was the objectives that were defined for the 3 stakeholders in the project of the University, the tenant companies and the planning authority relate to economic development, a competitive advantage of tenant companies, knowledge transfer, the profile for the University and the capacity to generate income proved to be a valuable framework on which to develop a master plan. These details were underpinned by five objectives which served the three stakeholders in the site. Those for the University included commercial potential, knowledge transfer and image and reputation; those for the town primarily related to economic development and the plan was to help tenants gain a competitive advantage by locating on the site. In addition a number of success indicators were defined for the project against which to measure performance and have remained as a useful set of parameters on which to base the assessment of the performance of the site. In combination with these indicators a further analysis deals with the success factors that are considered as important in influencing performance. The paper sets details the history of the park and covers the success indicators and factors and reviews these in the context of the original objectives for the site.