• Title/Summary/Keyword: Project Success Rate

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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
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    • v.17 no.4
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    • pp.127-156
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    • 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.

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Resource and Sequence Optimization Using Constraint Programming in Construction Projects

  • Kim, Junyoung;Park, Moonseo;Ahn, Changbum;Jung, Minhyuk;Joo, Seonu;Yoon, Inseok
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.608-615
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    • 2022
  • Construction projects are large-scale projects that require extensive construction costs and resources. Especially, scheduling is considered as one of the essential issues for project success. However, the schedule and resource management are challenging to conduct in high-tech construction projects including complex design of MEP and architectural finishing which has to be constructed within a limited workspace and duration. In order to deal with such a problem, this study suggests resource and sequence optimization using constraint programming in construction projects. The optimization model consists of two modules. The first module is the data structure of the schedule model, which consists of parameters for optimization such as labor, task, workspace, and the work interference rate. The second module is the optimization module, which is for optimizing resources and sequences based on Constraint Programming (CP) methodology. For model validation, actual data of plumbing works were collected from a construction project using a five-minute rate (FMR) method. By comparing actual data and optimized results, this study shows the possibility of reducing the duration of plumbing works in construction projects. This study shows decreased overall project duration by eliminating work interference by optimizing resources and sequences within limited workspaces.

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An Expoloratory Study on Influencing Factors of Film Equity Crowdfunding Success: Based on Chinese Movie Crowdfunding (영화 크라우드펀딩 성공에 영향을 미치는 요인에 관한 탐색적 연구: 중국의 영화 플랫폼 크라우드펀딩을 중심으로)

  • Bao, Tantan;Kim, Hun;Chang, Byeng-Hee
    • The Journal of the Korea Contents Association
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    • v.21 no.2
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    • pp.1-14
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    • 2021
  • Recently, crowdfunding platforms have received attention as one of the content investment platforms for the public. This research attempts to explore the influencing factors on the success of movie euqity crowdfunding project. We use 'number of texts', 'number of images', 'star influence power', 'IP-based movie project', 'movie production stage', 'box office prediction', 'investment capital ratio', 'amount of surplus available investment', 'profit calculation method' and 'minimum investment amount' as independent variables. And we examined how these factors affects the achievement rate of movie crowdfunding. As a result of multiple regression analysis, 'movie production stage', 'investment capital ratio', 'amount of surplus available investment' and 'profit calculation method' have a significant effect on the crowdfunding achievement rate. In addition, the results of this research can be used for reference when planning film crowdfunding projects.

Bayesian Theorem-based Prediction of Success in Building Commissioning

  • Park, Borinara
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.523-526
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    • 2015
  • In recent years, building commissioning has often been part of a standard delivery practice in construction, particularly in the high-performance green building market, to ensure the building is designed and constructed per owner's requirements. Commissioning, therefore, intends to provide quality assurance that buildings perform as intended by the design and often helps achieve energy savings. Commissioning, however, is not as widely adopted as its potential benefits are perceived. Owners are still skeptical of the cost-effectiveness claims by energy management and commissioning professionals. One of the issues in the current commissioning practice is that not every project is guaranteed to benefit from the commissioning services. This, coupled with its added cost, the commissioning service is not acquired with great acceptance and confidence by building owners. To overcome this issue, this paper presents a unique methodology to enhance owner's predicting capability of the degree of success of commissioning service using the Bayesian theorem. The paper analyzes a situation where a future building owner wants to use a pre-commissioning in an attempt to refine the success rate of the future commissioned building performance. The author proposes the Bayesian theorem based framework to improve the current commissioning practice where building owners are not given accurate information how much successful their projects are going to be in terms of energy savings from the commissioning service. What should be provided to the building owners who consider their buildings to be commissioned is that they need some indicators how likely their projects benefit from the commissioning process. Based on this, the owners can make better informed decisions whether or not they acquire a commissioning service.

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A Case study on 'Communal Living of Elderly Living Alone' in Rural Areas (농촌지역 '독거노인 공동생활'의 사례와 개선 방향)

  • Nam, Yun-Cheol
    • Journal of the Korean Institute of Rural Architecture
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    • v.14 no.2
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    • pp.59-66
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    • 2012
  • The rate of the rural population over the age of 65 was increased from 14.7% in 2000 to 20.6% in 2010. The rate of elderly living alone in rural areas was increased from 9.2% to 13.3% for 10 years. Two million households over 40% of the elderly living alone nationwide are concentrated in rural areas. This paper investigates cases used as living space by interview and remodeling senior centers (village community center) for the elders living alone in rural areas. In Gimje two the nation's first senior centers were remodeled in 2006 (for both the village community center) and were begun to use these as group homes. Evaluation was a success. Since then, these were increased by approximately 20 centers per year by year and are currently 108 centers at the end of 2011. In Chungcheongnam-do, a pilot project has been begun for communal living by remodeling the senior center (for both the village community center) and elderly housing. Municipalities are similar in their business (is mostly). However, the interview results for each municipality are different. The success of the project depends on rules proposed by local governments and the development of programs with users to continuous financially support.

An Analysis on the Economic Effectiveness of Abalone, haliotis discus hanai Releasing Project in the coastal area near Ulsan city (울산 연안의 전복 방류사업에 대한 경제적 효과분석)

  • Kim, Kwang-Soo;Hwang, Jin-Wook;Park, Hyun-Cheul
    • Journal of Fisheries and Marine Sciences Education
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    • v.18 no.3
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    • pp.261-271
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    • 2006
  • The present study is aimed at evaluating the economic effectiveness of Abalone, haliotis discus hanai Releasing Project(ARP) conducted in the fishing ground owned by a fishing village in Ulsan, Korea. The results were summarized as follows: First, an average ratio of released abalones in the total landing after releasing is shown to be 85.0%. Second, the recapture rate of released abalones is 46.8%, exceeding the recapture rate of BEP(Break-Even-Point), 22.9%. Third, it is evaluated that total economic effectiveness of the ARP is 6.7-6.8 times, net effectiveness is 2.2-2.3 times, and the NPV(Net Present Value) discounted by a 8% interest rate is 474, 635 thousand wons, indicating the project is profitable. Considerable parts of the positive results on the ARP are based on some beneficial conditions, including the selection of favorable releasing sites, best self-regulation system of a fishing village for preservation of seaweed facilities and continued activities for protecting small abalones and their rearing. These results imply that the success of the ARP would be primarily dependent upon the selection of releasing site and effective management system after releasing.

A PROFIRABILITY MODEL BASED ON PRIMARY FACTOR ANALYSIS IN THE EARLY PHASE OF HOUSING REDEVELOPMENT PROJECTS

  • Kyeong-Hwan Ahn;U-Yeong Gim;Jong-Sik Lee;Won Kwon;Jae-Youl Chun
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.497-501
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    • 2013
  • An important decision-making element for the success of housing redevelopment projects is a prediction of the profitability of redevelopment. Risk factors influencing profitability were deduced through a review of the literature about profitability and a risk analysis developed by a survey of maintenance projects. In addition, a profitability prediction depending on the analysis of risk factors is necessary to judge the business feasibility of a project in the planning stages. A profitability prediction model of management and disposal method, which is calculated by proportional rate and which helps estimate contributions to profitability, is proposed to prevent difficulties in business development. The proposed model has the potential to prevent interruptions, reduce the length of projects, generate cost savings, and enable rational decision-making during the project period by allowing a judgment of profitability at the planning stage.

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A Policy of Senior Community Center in Rural Area - Focused on Pilot Project of Senior Community Center - (농촌지역 고령자 공동시설의 추진방향 - '농촌고령자 공동시설지원 시범사업'을 중심으로 -)

  • Nam, Yun-Cheol
    • Journal of the Korean Institute of Rural Architecture
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    • v.17 no.1
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    • pp.121-128
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    • 2015
  • The elderly rate in South Korea in 2013 is over 12%. Especially, the elderly rate in rural area is 36%, i.e., in rural area, one of three is people aged 65 and over. Senior community project in rural that is being promoted by the government. This project is to improve the quality of life health and welfare services for the elderly in rural Area. This paper investigates cases used as living space by interview and remodeling senior centers (village community center) for the elders living alone in rural areas. In Gimje two the nation's first senior centers were remodeled in 2006 (for both the village community center) and were begun to use these as group homes. Evaluation was a success. Since then, these were increased by approximately 20 centers per year by year and are currently 108 centers at the end of 2011. In Chungcheongnam-do, a pilot project has been begun for communal living by remodeling the senior center (for both the village community center) and elderly housing. Municipalities are similar in their business (is mostly). Senior community center projects can proceed smoothly in the direction of some of the following tips and suggestions to promote. Senior community center should be expanded for 'private room type'. Government must support the operating costs. It will increase employment in rural areas. Senior community center should be 'Home Atmosphere'.

An Analysis of the Economic Effects of the Pilot Project for Multiple-Purpose Utilization of Paddy Fields Focusing on Income and Welfare Changes (소득 및 후생 변화를 통한 농지범용화 시범사업의 경제적 효과 분석)

  • Lim, Che hwan;Ha, Yong hyun;Kim, Do hoon;An, Dong hwan;Yi, Hyang mi;Kim, Kwansoo
    • Journal of Korean Society of Rural Planning
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    • v.28 no.2
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    • pp.71-85
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    • 2022
  • The food self-sufficiency rate of agricultural products in Korea, excluding rice, is around 20%, and the government is promoting various policies including a Multiple-Purpose Utilization of Paddy Fields project, to increase the self-sufficiency rate of major grains. The project for Multiple-Purpose Utilization of Paddy Fields is being promoted as a part of a program to create farmland infrastructure to facilitate the cultivation of crops other than rice in rice paddies, and pilot projects were started in four regions in 2020. The purpose of this study is to analyze the economic effects of the pilot project for Multiple-Purpose Utilization of Paddy Fields, and to propose policies to increase the effectiveness of the project. In order to analyze the economic effect, we estimated the change in farm income generated by switching from rice to other crops, and measured the effect of welfare change using the Equilibrium Displacement Model (EDM). As a result of the analysis, social welfare is expected to increase when the pilot project for Multiple-Purpose Utilization of Paddy Fields is implemented, and the income of the beneficiary farmers is also expected to improve compared to that of single-cropping when double-cropping is implemented. However, it was found that the economic feasibility of the project differs depending on the crops converted. Juksan-myeon, Gimje-si, which is an area where soybean production was successful, was analyzed from the viewpoint of increasing the economic feasibility of the pilot project. Their success factors were analyzed into four major factors: infrastructure, farming methods, education, and collaboration with local agricultural organizations. If such a success story can be utilized in the future project implementation process, it can contribute to the improvement of farm household income and national economic welfare.

BRAWII: Business Process Modeling Tool for BPR (BRAWII: BPR을 위한 업무흐름모형과 도구)

  • 박성주;김한섭;김상구;한동욱
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 1998.10a
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    • pp.289-293
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    • 1998
  • Two reasons for the low success rate of the practical implementation of BPR are the lack of good models and consideration of information system development stage in a BPR project. This paper suggests an Integrated Business Process Model (IBPM), which incorporates two distinct but interrelated points of view: form and business process. By integrating the form model with the business process model, the IBPM has advantages in performing BPR projects; it helps to build the model, to analyze and redesign business processes, and to do requirement analysis of information systems. This paper also suggests a new BPR supporting tool, BRAWII(Business Reengineering Assistance Workbench version 2.0). BRAWIIsupports IBPM and manages full stages of BPR project. In the design of BRAWII, the linkage between results of a BPR project and requirements for information system development is considered.

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