• Title/Summary/Keyword: Project-based

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The Effects of IT Project Risk Management Factors on Project Performance (IT 프로젝트 위험관리요인이 프로젝트 성과에 미치는 영향)

  • Jang, Sung-Bong;Kwahk, Kee-Young
    • Korean Management Science Review
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    • v.28 no.2
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    • pp.31-51
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    • 2011
  • Many companies have considered IT outsourcing as one of strategic alternatives in order to rapidly respond to changing business environment and strengthen their competitiveness. Despite its strategic role, however, IT outsourcing project has been plagued by a high failure rate and difficulty in realizing the promised project performance because of its inappropriate risk management. This study examines the effect of IT project management risk factors on project performance. We propose that project risk management factors(communication, technology sharing, and project control) influence project performance(process performance and product performance). Based on the empirical results, theoretical and practical implications of the study are discussed along with its limitations.

Managing Mega-Project Complexity in Five Dimensions

  • Gransberg, Douglas D.;Jeong, H. David
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.6-9
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    • 2015
  • Traditional project management theory is based on a three-dimensional life cycle approach where the project managerseeks to optimize the dimensions of cost-schedule-technical (quality or design). This paper reports the findings of a case study analysis of two complex mega-projects in Michigan which confirm the findings of previous research and illustrates the use of a framework for five-dimensional project management (5DPM) that is for conceptualizing a complex project's scope of work. The framework elevates the recognition that the project's social/political context and the financial arrangements create complexity adding two new dimensions. This paper also demonstrates a methodology to graphically display a project's complexity to better understand and prioritize the available resources. The result is a "complexity footprint" that may help a complex project manager identify the boundary between controllable and uncontrollable projects impacts. The paper finds that applying 5DPM to the two case study projects has given the project delivery team a tool which is actually adding value to the complex project management process.

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A Coop Project-based Business Engineers' Model for Regional Universities Running ABEEK Program (공학인증제도를 운영하는 지방대학의 산학협력 모델에 관한 연구)

  • Yim, Kang-Bin;Cho, Dae-Chul;Lee, Hae-Kag
    • The Journal of Korean Institute for Practical Engineering Education
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    • v.3 no.1
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    • pp.110-118
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    • 2011
  • This paper suggests a realistic, business engineers' model based on Coop projects run by regional universities or colleges, in which students must meet the guidelines for engineering design that ABEEK requires. Many of current activities such as Coop programs and Internships aimed for engineering majored-undergraduates have notled them either to a satisfactory level of business skill at entrepreneur side, or to their higher chance of employment opportunities. Under the circumstances like this, we need a revised version of Coop activities: for example, launching a project that will be fully supported intrust by both sides, and thus improving students' business skill while they are working on that project. We demonstrate in this study how students have greatly improved their business skill through a model project that was planned by a working group, was successfully carried out on real job positions, and many of the students in the working group were job-offered finally as this new model suggested.

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A Study of Integrated Project Delivery(IPD) Methods Based on Building Information Modeling(BIM) (BIM 기반의 IPD 발주방식에 관한 연구)

  • Shin, Kyoo-Chul;Ham, In-Ho
    • Journal of The Korean Digital Architecture Interior Association
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    • v.12 no.3
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    • pp.15-25
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    • 2012
  • The purpose of this research is to explore the necessity of utilizing IPD methods along BIM based project operation in domestic construction market. IPD is relatively new project delivery methods focused on the collaboration of stockholders based on BIM technology. IPD is focused on the multiparty contract process rather than multiple bilateral contracts under Traditional Project Delivery Methods. The research method is to investigate the IPD standard contract documents, successful IPD project cases in the U.S. The research results are as follows. The model for an IPD standard contract needs to be developed for the application to a real construction projects. Various types of IPD model contract need to be developed to accommodate the requirements of industry and stockholders in Korea.

Knowledge Evaluation of Individual Competence for Virtual Project Organization (가상 프로젝트 조직의 개인관점 지식역량 평가)

  • Lee, Kyung-Huy;Kim, Cheol-Han;Woo, Hoon-Shik
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.35 no.4
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    • pp.133-141
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    • 2012
  • Virtual project organization may be recognized as one of the promising business models in which many knowledge sources externalize through cross boundaries of knowledge-based organizations. This paper proposes a knowledge competence evaluation of virtual project organization based on the following perspectives: 1) Individual knowledge perspective, 2) Activity-oriented knowledge perspective, and 3) Knowledge-driven social network perspective. In the framework, individual knowledge competence having experienced or learned from knowledge-based activities and virtual networks in the project, should be evaluated according to the assumption that knowledge and collaboration competence depends on the activities and networks acquired proportionally by the past participation to projects. An illustrative SI example is given in order to validate the proposed evaluation and computing procedure.

Collaboration Management Architecture of construction process for Decision Support based on PLM (Project Life-cycle Management) (PLM 기반의 건설프로세스 의사결정을 위한 협업관리체계 개발)

  • Lim, Hyoung-Chul;Choi, Cheol-Ho;Chin, Sang-Yoon;Kim, Jae-Jun;Lee, Kwang-Myung;Yoon, Su-Won
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 2007.04a
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    • pp.165-169
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    • 2007
  • In order to develop VirtuAlmighty system, CPDM (construction project data management) and CPLM (construction project lifecycle management) model must be settled beforehand. Because most of information systems based on 3D-Design have its own database and business process. So, our team will develop collaboration management architecture of construction process for Decision Support based on PLM (Project Life-cycle Management). This architecture with business processes and Database can be used in process develop, process monitoring with many stakeholders of project, process change management, and so on.

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Evaluation Method of Technology Development Project based on Decomposition Approach and Options Thinking (분해접근과 옵션사고에 기반한 기술개발 프로젝트의 평가방법)

  • Cho Kyu-Kab;Moon Byung-Keun
    • Journal of Korea Technology Innovation Society
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    • v.8 no.3
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    • pp.1117-1138
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    • 2005
  • Due to the increasing importance of technology development project evaluation, many evaluation methods have been developed. However, most project evaluation methods are not directly applicable for evaluating performance improvement projects in a manufacturing system. It is due to the fact that the existing project evaluation methods do not deal with the performance evaluation of the system. This paper deals with performance measurement model of a manufacturing system based on decomposition method and evaluation method for technology development project based on options thinking. A case example is discussed to illustrate the process of the proposed evaluation method.

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Rural Village Development Project based on Local Tourism Resources -Focused on Namsunghyun area, Cheongdo-gun- (지역 관광자원을 활용한 권역단위종합정비사업 기본계획 수립 -청도군 남성현감꽃권역을 대상으로-)

  • Park, Jin-Wook;Eom, Boong-Hoon
    • Journal of Korean Society of Rural Planning
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    • v.18 no.3
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    • pp.187-200
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    • 2012
  • This article deals with rural village development project of Namsunghyun 'Gamggot(persimmon flower)' area, based on local tourism resources. For more efficient use of local tourism resources, questionnaire surveys for local residents and visitors were conducted. On the base of the results, the vision and objectives were established. And each items of project by division were also considered by the results of such surveys. Finally, priority scores of each items of project, based on importances and weighted value, were derived for more efficient propulsion of project and to construct sustainable rural community.

Analysis of Learning Experience on Team-based Technology Design Project of Non-Engineering Students

  • KIM, Insu
    • Educational Technology International
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    • v.15 no.2
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    • pp.201-215
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    • 2014
  • The design project of a technology product provides an opportunity for students to experience the inter-connectedness of academic information and ill-defined real-world problems. This study focuses on non-engineering students' activity and perception through the assistive technology design project. For this purpose, participants engaged in a team-based technology design project. Then, a qualitative research approach was adopted, which included reflective journals with 24 undergraduate students majored in Adaptive Physical Education. The analysis identified six factors (knowledge value, social value, reality value, accomplishment value, perspective value, benefit value) of perception and five stages (topic selection, function suggestion, visualization, presentation preparation, and presentation) of activity.

Dynamic Decisions using Variable Neighborhood Search for Stochastic Resource-Constrained Project Scheduling Problem (확률적 자원제약 스케줄링 문제 해결을 위한 가변 이웃탐색 기반 동적 의사결정)

  • Yim, Dong Soon
    • Journal of Korean Institute of Industrial Engineers
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    • v.43 no.1
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    • pp.1-11
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    • 2017
  • Stochastic resource-constrained project scheduling problem is an extension of resource-constrained project scheduling problem such that activity duration has stochastic nature. In real situation where activity duration is not known until the activity is finished, open-loop based static policies such as activity-based policy and priority-based policy will not well cope with duration variability. Then, a dynamic policy based on closed-loop decision making will be regarded as an alternative toward achievement of minimal makespan. In this study, a dynamic policy designed to select activities to start at each decision time point is illustrated. The performance of static and dynamic policies based on variable neighborhood search is evaluated under the discrete-event simulation environment. Experiments with J120 sets in PSPLIB and several probability distributions of activity duration show that the dynamic policy is superior to static policies. Even when the variability is high, the dynamic policy provides stable and good solutions.