• Title/Summary/Keyword: Project Success Model

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An Analysis on Mediating Effect of Participant Activity in Investment Crowdfunding (투자형 크라우드펀딩에서 참여자활동성의 매개효과 분석)

  • Kim, Jong Yun;Kim, Chul Soo
    • The Journal of Society for e-Business Studies
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    • v.25 no.1
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    • pp.65-82
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    • 2020
  • Start-ups often use crowdfunding platforms such as Wadiz to get financing from corporate investors and general public. These platforms include functions to increase participant activity through the number of comments, interest and online word-of-mouth. This study aims to elucidate how these functions related to a participant activity exhibit mediating effects on a success of crowdfunding and an achievement rate of targeted investment amount. To this end, the individual variables such as progress period, target amount, venture company, experience of attracting investment, possession of intellectual property rights, a career of the representative and an award experience of the representative were classified into the project characteristics, the company characteristics and the representative characteristics through not only previous studies but also interviews with investment professionals and platform operators. Afterwards, this study went through an empirical verification process using a structural equation model that has both crowdfunding performance and participant activity, which is the independent and mediating factors of three perspectives, as well as the dependent variables. In other words, this study analyzes how the characteristics of three perspectives affect the participant activity and how the participant activity had the mediating effects on the crowdfunding performance. In addition, it derives how the analysis results mentioned above vary according to business types (internet services, culture/art, manufacturing/distribution) and investment styles (stock type and bond type). It is expected that this study will help not only in deriving the factors affecting the performance of an investment type crowdfunding but also in preparing the measures to increase a participant activity.

A SOA-based Application Model for Building Intelligent Construction Supply Chain Management Framework (지능형 건설물류관리 체계 구축을 위한 SOA 적용 모델 개발)

  • Shin, Tae-Hong;Chin, Sang-Yoon;Yoon, Su-Won;Kwon, Soon-Wook;Kim, Yea-Sang
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2008.11a
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    • pp.733-737
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    • 2008
  • Construction supply chain management focused on materials in construction industry plays a critical role which controls the success and failure of a project. For the efficiency of construction supply chain management, the framework which provides project participants with the information originated from whole construction logistics steps without the omission and discontinuation of information flow is required. The new management framework that can support this environment is necessary because of setting up the complicated and distributed environment including logistics information management by intelligent equipment, co-working management with pre-framework legacy system and various devices(UMPC and PDA etc.) as the information confirmation and electrical transmission tool between the project participants different from former construction supply chain management environment while recently developing ubiquitous technologies such as RFID/USN and intelligent equipment to support logistics process. Therefore, the objective of this study is to introduce the concept of SOA (Service Oriented Architecture) as an alternative of effective information integration under the complex and distributed environment and to propose the SOA-based application model for building intelligent construction supply chain management framework.

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Hypotheses Analysis about the Efficacy of University-Industry Collaboration In the Field of Information Technology -The Case of IT Mentoring System- (정보통신분야 산학협력 효과성에 대한 영향요인 분석 -IT 멘토링 사례중심으로-)

  • Lee, Jung-Mann;Ihm, Seung-Ho;Hwang, Gyu-He;Lee, Jin-Suk
    • The Journal of the Korea Contents Association
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    • v.11 no.8
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    • pp.342-352
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    • 2011
  • This study is to verify hypotheses about the efficacy and success factors of the IT Mentor project(in which 524 students participated) which is one of the most best practices in Korea. The empirical results found that all the aspects of students, industrial experts, professors, support programs and other infrastructure have certain influences on the industry-academia cooperation. In addition, logit regression model was employed to investigate the efficacy factors of industry and university's satisfaction to IT mentor system. It showed that industry's satisfaction depends on students' participation in company's projects and students' improvements of major competence.

Cooperative Development with Socialist Countries: Singapore Story and Implications for South-North Korea Economic Cooperation (사회주의 국가와의 협력적 개발: 싱가포르 사례와 남북경협에 주는 시사점)

  • Lee, Kwan Ok
    • Land and Housing Review
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    • v.10 no.4
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    • pp.31-39
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    • 2019
  • Singapore, a city state with less than 6 million population, has continued successful cooperative development and become one of the most successful Asian countries in exporting expertise in urban and real estate development. This research aims to analyze Singapore's cooperative development with socialist countries including China and Vietnam from Singapore's perspective as an investor. For cooperative development projects in China, Singapore adopted Singapore-style physical urban planning concepts as well as its own institutional and administrative systems. Singapore-Vietnam cooperative development managed to acquire profitable land and diversify its portfolio in terms of industry types and rents. This made Singapore's industrial parks more competitive than other parks in Vietnam. By showcasing successful project implementation in China and Vietnam, Singapore has proved that its model for industrial park and urban development is transferable. Singapore's success in cooperative development with socialist countries provides important implications for future cooperative development between South and North Korea. For example, phased development approaches starting from individual industrial parks expanding to mixed-use townships will be very useful to realize sustainable urban planning in North Korea and reduce financial risks. Singapore dominated development opportunities in advance when socialist countries opened their economy. To pattern ourselves after Singapore, we should not only improve our relationship with North Korea but also prepare with practical components such as financing and organizational structure.

Automatic space type classification of architectural BIM models using Graph Convolutional Networks

  • Yu, Youngsu;Lee, Wonbok;Kim, Sihyun;Jeon, Haein;Koo, Bonsang
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.752-759
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    • 2022
  • The instantiation of spaces as a discrete entity allows users to utilize BIM models in a wide range of analyses. However, in practice, their utility has been limited as spaces are erroneously entered due to human error and often omitted entirely. Recent studies attempted to automate space allocation using artificial intelligence approaches. However, there has been limited success as most studies focused solely on the use of geometric features to distinguish spaces. In this study, in addition to geometric features, semantic relations between spaces and elements were modeled and used to improve space classification in BIM models. Graph Convolutional Networks (GCN), a deep learning algorithm specifically tailored for learning in graphs, was deployed to classify spaces via a similarity graph that represents the relationships between spaces and their surrounding elements. Results confirmed that accuracy (ACC) was +0.08 higher than the baseline model in which only geometric information was used. Most notably, GCN was able to correctly distinguish spaces with no apparent difference in geometry by discriminating the specific elements that were provided by the similarity graph.

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A Study on Open Source Transition Strategy of Record System (기록시스템의 오픈소스화 전략 연구)

  • An, Dae-jin;Yim, Jin-hee
    • The Korean Journal of Archival Studies
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    • no.52
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    • pp.119-170
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    • 2017
  • This study aims to analyze the environment for the open-source records system and to identify the risk and requirements for the success of the strategy in Korea. For this, Chapter 2 presented a review of the strategic benefits of open source to public organizations, developers, and users. It also discussed the process of cooperatively developing and releasing the source code and the technology infrastructure supporting open source. In Chapter 3, six representative open-source projects in the field of records management were selected, and case studies were conducted. To derive comprehensive implications, we have divided the main development body of open-source projects into international organizations, international cooperation systems, national archives, and software development companies. We also analyzed the background and purpose of each project, the agents of development and funding, the governance model, the development period and cost, the business model and software architecture, the community composition, and the licensing strategy. Through this, we have derived four critical success factors. In terms of technology, a component-based design was required; therefore, we proposed a microservice architecture and a model-view-controller design pattern. Next, it was necessary to reestablish system requirements of records center and archives. Moreover, we also proposed a dual licensing strategy to allow developers to easily participate in open-source projects. Lastly, we emphasized a strong governance structure and an effective cooperation framework to create a sustainable community. For a record system to be open-source successfully in an organization-centered market, the roles of software developers and end users should be exercised more in the community. To achieve this, it is important to build various collaborative tools and development infrastructure from a planning stage to a centralized one.

Strategies for Successful Supplier Relationship Management(SRM) in the SI Industry (SI 산업의 공급자관계관리(SRM) 모델 : 전략적 파트너십 협력관계로의 발전)

  • Cha, Kyung-Jin;Lee, Zoon-Ky;Cha, Joon-Seub
    • The Journal of Society for e-Business Studies
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    • v.17 no.3
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    • pp.105-116
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    • 2012
  • In the system integration (SI) industry, improving relationships with outsourcing partners is one of the key challenges faced by SI companies that aim to increase productivity and reduce costs. In the SI industry, over 80% of project development work is performed by these outsourcing partners. Hence, large SI companies focus on fostering high-performing partners through improved cooperation and mutual relations. However, in the SI industry the existing process of managing outsourcing partners is unable to advance to the level of long-term partnerships due to inadequate information sharing and communication in the process of selecting and assessing a potential and existing partner. Based on the theory of partnership, this study identifies the success factors for new strategic partnerships. Further, this study presents a model for assessing partner companies to promote increased productivity and improve the relationship between an SI company and its partner. In addition, this model is used to assess partner relationships for a well-known SI company "A". This study explores the feasibility of a new framework model.

Study on the effect of long-term high temperature irradiation on TRISO fuel

  • Shaimerdenov, Asset;Gizatulin, Shamil;Dyussambayev, Daulet;Askerbekov, Saulet;Ueta, Shohei;Aihara, Jun;Shibata, Taiju;Sakaba, Nariaki
    • Nuclear Engineering and Technology
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    • v.54 no.8
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    • pp.2792-2800
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    • 2022
  • In the core of the WWR-K reactor, a long-term irradiation of tristructural isotopic (TRISO)-coated fuel particles (CFPs) with a UO2 kernel was carried out under high-temperature gas-cooled reactor (HTGR)-like operating conditions. The temperature of this TRISO fuel during irradiation varied in the range of 950-1100 ℃. A fission per initial metal atom (FIMA) of uranium burnup of 9.9% was reached. The release of gaseous fission products was measured in-pile. The release-to-birth ratio (R/B) for the fission product isotopes was calculated. Aspects of fuel safety while achieving deep fuel burnup are important and relevant, including maintaining the integrity of the fuel coatings. The main mechanisms of fuel failure are kernel migration, silicon carbide corrosion by palladium, and gas pressure increase inside the CFP. The formation of gaseous fission products and carbon monoxide leads to an increase in the internal pressure in the CFP, which is a dominant failure mechanism of the coatings under this level of burnup. Irradiated fuel compacts were subjected to electric dissociation to isolate the CFPs from the fuel compacts. In addition, nondestructive methods, such as X-ray radiography and gamma spectrometry, were used. The predicted R/B ratio was evaluated using the fission gas release model developed in the high-temperature test reactor (HTTR) project. In the model, both the through-coatings of failed CFPs and as-fabricated uranium contamination were assumed to be sources of the fission gas. The obtained R/B ratio for gaseous fission products allows the finalization and validation of the model for the release of fission products from the CFPs and fuel compacts. The success of the integrity of TRISO fuel irradiated at approximately 9.9% FIMA was demonstrated. A low fuel failure fraction and R/B ratios indicated good performance and reliability of the studied TRISO fuel.

Understanding the Mismatch between ERP and Organizational Information Needs and Its Responses: A Study based on Organizational Memory Theory (조직의 정보 니즈와 ERP 기능과의 불일치 및 그 대응책에 대한 이해: 조직 메모리 이론을 바탕으로)

  • Jeong, Seung-Ryul;Bae, Uk-Ho
    • Asia pacific journal of information systems
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    • v.22 no.2
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    • pp.21-38
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    • 2012
  • Until recently, successful implementation of ERP systems has been a popular topic among ERP researchers, who have attempted to identify its various contributing factors. None of these efforts, however, explicitly recognize the need to identify disparities that can exist between organizational information requirements and ERP systems. Since ERP systems are in fact "packages" -that is, software programs developed by independent software vendors for sale to organizations that use them-they are designed to meet the general needs of numerous organizations, rather than the unique needs of a particular organization, as is the case with custom-developed software. By adopting standard packages, organizations can substantially reduce many of the potential implementation risks commonly associated with custom-developed software. However, it is also true that the nature of the package itself could be a risk factor as the features and functions of the ERP systems may not completely comply with a particular organization's informational requirements. In this study, based on the organizational memory mismatch perspective that was derived from organizational memory theory and cognitive dissonance theory, we define the nature of disparities, which we call "mismatches," and propose that the mismatch between organizational information requirements and ERP systems is one of the primary determinants in the successful implementation of ERP systems. Furthermore, we suggest that customization efforts as a coping strategy for mismatches can play a significant role in increasing the possibilities of success. In order to examine the contention we propose in this study, we employed a survey-based field study of ERP project team members, resulting in a total of 77 responses. The results of this study show that, as anticipated from the organizational memory mismatch perspective, the mismatch between organizational information requirements and ERP systems makes a significantly negative impact on the implementation success of ERP systems. This finding confirms our hypothesis that the more mismatch there is, the more difficult successful ERP implementation is, and thus requires more attention to be drawn to mismatch as a major failure source in ERP implementation. This study also found that as a coping strategy on mismatch, the effects of customization are significant. In other words, utilizing the appropriate customization method could lead to the implementation success of ERP systems. This is somewhat interesting because it runs counter to the argument of some literature and ERP vendors that minimized customization (or even the lack thereof) is required for successful ERP implementation. In many ERP projects, there is a tendency among ERP developers to adopt default ERP functions without any customization, adhering to the slogan of "the introduction of best practices." However, this study asserts that we cannot expect successful implementation if we don't attempt to customize ERP systems when mismatches exist. For a more detailed analysis, we identified three types of mismatches-Non-ERP, Non-Procedure, and Hybrid. Among these, only Non-ERP mismatches (a situation in which ERP systems cannot support the existing information needs that are currently fulfilled) were found to have a direct influence on the implementation of ERP systems. Neither Non-Procedure nor Hybrid mismatches were found to have significant impact in the ERP context. These findings provide meaningful insights since they could serve as the basis for discussing how the ERP implementation process should be defined and what activities should be included in the implementation process. They show that ERP developers may not want to include organizational (or business processes) changes in the implementation process, suggesting that doing so could lead to failed implementation. And in fact, this suggestion eventually turned out to be true when we found that the application of process customization led to higher possibilities of failure. From these discussions, we are convinced that Non-ERP is the only type of mismatch we need to focus on during the implementation process, implying that organizational changes must be made before, rather than during, the implementation process. Finally, this study found that among the various customization approaches, bolt-on development methods in particular seemed to have significantly positive effects. Interestingly again, this finding is not in the same line of thought as that of the vendors in the ERP industry. The vendors' recommendations are to apply as many best practices as possible, thereby resulting in the minimization of customization and utilization of bolt-on development methods. They particularly advise against changing the source code and rather recommend employing, when necessary, the method of programming additional software code using the computer language of the vendor. As previously stated, however, our study found active customization, especially bolt-on development methods, to have positive effects on ERP, and found source code changes in particular to have the most significant effects. Moreover, our study found programming additional software to be ineffective, suggesting there is much difference between ERP developers and vendors in viewpoints and strategies toward ERP customization. In summary, mismatches are inherent in the ERP implementation context and play an important role in determining its success. Considering the significance of mismatches, this study proposes a new model for successful ERP implementation, developed from the organizational memory mismatch perspective, and provides many insights by empirically confirming the model's usefulness.

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A Study of the Best Performance Index for Estimate at Completion Forecasting Model on the Earned Value Management System(EVMS) (EVMS 최종공사비 예측 모델 최적성과지수에 대한 고찰)

  • Kim Seon-Gyoo;Kim Jae-Jun
    • Korean Journal of Construction Engineering and Management
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    • v.1 no.3 s.3
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    • pp.101-107
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    • 2000
  • On 1 July, 2000, the Ministry of Construction and Transportation announced the Earned Value Management System(EVMS) will be applied in public sector soon. However the arguments over the EVMS applied to our unique construction environment still exist and create strong concerns and worries among some experts it would be another mistakes proposed by the government. We do know the EVMS comes from C/SCSC which was first released by the United States Department of Defense in December 1967, and proved very powerful and efficient project management tool from a lot of practices. Although it is an excellent tool, we can not ignore our many experienced failures appling foreign system due to the differences of construction culture and law between the Korean and US construction industries. The purpose of the EVMS's success in Korea, therefore, this paper tests and proves the EVMS's adaptability and credibility to our construction environment by EAC model, that is one of the most important functions in the EVMS, using very scare EV data of the Korean construction projects.

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