• Title/Summary/Keyword: cost overruns

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Appraising the Performance of Construction Projects during Implementation in Kenya, 1963-2018: A Literature Review Perspective

  • Ong'ondo, Cyrus Babu;Gwaya, Abednego Oswald;Masu, Sylvester
    • Journal of Construction Engineering and Project Management
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    • v.9 no.2
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    • pp.1-24
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    • 2019
  • Poor project performance has been noted as the bane in the construction industry globally. This paper sought to investigate, by way of literature, the performance patterns of construction projects in Kenya since independence (1963-2018). This was informed by reports of undesirable project performance in the industry. This descriptive study used available studies previously done in this subject area. In sum, literature is replete with evidence on a myriad of challenges facing the execution of projects. The study established that generally, the project performance is poor and has assumed a chronic trajectory spanning over five decades. On average, the findings reveal that 35-60% of projects initiated in Kenya face cost overruns while time overrun is most severe with 35-73% projects overrunning their schedule. In addition, the findings problematize the issue of plurality of performance measurement regimes in the construction industry. Here, it was observed that no singular construct exists to objectively measure the various facets that constitute the 'health' of a project. This paper has contributed to the body of knowledge by examining the performance patterns in Kenya for over fifty years while at the same time identifying the bottlenecks inherent in projects execution. Importantly, the conceptual performance efficiency framework derived in the current study presents a paradigm shift in the monitoring and evaluation of projects. To this end, an in-depth analysis is recommended on the interaction of efficiency enablers in the buildup of performance efficiency index (PEI). Similarly, a further inquiry is recommended on the integration and impact of the proposed framework in the management of projects.

Development of ITB Risk Mgt. Model Based on AI in Bidding Phase for Oversea EPC Projects (플랜트 EPC 해외 사업을 위한 입찰단계 시 AI 기반의 ITB Risk 관리 모델 개발)

  • Lee, Don-Hee;Yoon, Gun-Ho;Kim, Jeong-Joon
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.19 no.4
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    • pp.151-160
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    • 2019
  • EPC companies to continue operating overseas, it is increasingly becoming apparent that risk is no longer something to be avoided but a subject to be managed. During the bidding stage, the requirements, specifications and project line items within the bid package must be studied in details to analyze the various risk factors in order to avoid cost overruns. However, reviewing vast quantities of bidding documents is time consuming and labor intensive and is not an easy task and this is where automated information technology can help. For this study, I have constructed an ITB analysis model based on Watson AI that can analyze and apply vast amount of documents more effectively in a short time. Configuration of the Watson Explorer AI architecture for AI-based ITB risk management model research, the selection of learning procedures and analysis subjects, and the performance evaluation criteria were defined, and a test bed was constructed to conduct a pilot research. Consequently, I verified the effectiveness of the analytical time reduction and the quality of its results and VOC operations by professionals.

Development of Manufacturing Planning for Multi Modular Construction Project based on Genetic-Algorithm (유전자 알고리즘 기반 다중 모듈러 건축 프로젝트 수행 시 모듈러 유닛 공장생산계획수립 모델 개발)

  • Kim, Minjung;Park, Moonseo;Lee, Hyun-soo;Lee, Jeonghoon;Lee, Kwang-Pyo
    • Korean Journal of Construction Engineering and Management
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    • v.16 no.5
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    • pp.54-64
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    • 2015
  • The modular construction has several advantages such as high quality of product, safe work condition and short construction duration. The manufacturing planning of modular construction should consider time frame of manufacturing, transport and erection process with limited resources (e.g., modular units, transporter and workers). The manufacturing planning of multi modular construction project manages the modular construction's characteristics and diversity of projects, as a type of modular unit, modular unit quantities, and date for delivery. However, current modular manufacturing planning techniques are weak in dealing with resource interactions and each project requirement in multi modular construction project environments. Inefficient allocation of resources during multi modular construction project may cause delays and cost overruns to construction operation. In this circumstance, this research suggest a manufacturing planning model for schedule optimization of multi project of modular construction, using genetic algorithm as one of the powerful method for schedule optimization with multiple constrained resources. Comparing to the result of the existed schedule of case study, setting optimized scheduling for multi project decrease the total factory producing schedule. By using proposed optimization tool, efficient allocation of resource and saving project time is expected.

Computation of Maintainability Index Using SysML-Based M&S Technique for Improved Weapon Systems Development (SysML 기반 모델링 및 시뮬레이션 기법을 활용한 무기체계 정비도 지수 산출)

  • Yoo, Yeon-Yong;Lee, Jae-Chon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.19 no.11
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    • pp.88-95
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    • 2018
  • Maintainability indicates how easily a system can be restored to the normal state when a system failure occurs. Systems developed to have high maintainability can be competitive due to reduced maintenance time, workforce and resources. Quantification of the maintainability is possible in many ways, but only after prototype production or with historical data. As such, the graph theory and 3D model data have been used, but there are limitations in management efficiency and early use. To solve this problem, we studied the maintainability index of weapon systems using SysML-based modeling and simulation technique. A SysML structure diagram was generated to simultaneously model the system design and maintainability of system components by reflecting the maintainability attributes acquired from the system engineering tool. Then, a SysML parametric diagram was created to quantify the maintainability through simulation linked with MATLAB. As a result, an integrated model to account for system design and maintainability simultaneously has been presented. The model can be used from early design stages to identify components with low maintainability index. The design of such components can be changed to improve maintainability and thus to reduce the risks of cost overruns and time delays due to belated design changes.

Exploring Delays of The Mega Construction Project: The Case of Korea High Speed Railway (대형 건설사업의 공기지연분석: 경부고속철도 건설사업을 중심으로)

  • Han, Seung Heon;Yun, Sung Min;Lee, Sang Hyun
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.26 no.5D
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    • pp.839-848
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    • 2006
  • Korea has become the 5th country to own and operate the high speed railroad in 2004. However, there were many difficulties until Koreans enjoy the first bullet train service with the average hourly speed of 300km. The high speed railroad requires elevated quality standards differently from the traditional railways. In addition to the technical difficulties, the construction project itself was an unpleasant case with huge delays and cost overruns mainly due to the lack of experiences, deficiency of owner$^{\circ}{\O}$s role, and increase of public resistances triggered by environmental concerns. This paper analyzes the reasons for delays on this mega-project. With respect to the characteristics of the whole project level, it is very complicated/linear project, whose total length is around 412 km with the composition of various sections in the route of the railway which have basically different conditions. For that reason, the analysis is performed in both macro and micro level. First, macroscopic analysis is performed to find critical subdivisions in the railway route that induces the significant delay in the opening due date. Then, microscopic analysis is followed to quantify the causes and effects of delays focused on these critical subdivisions in more detailed way. Finally, this paper provides lessons learned from this project to avoid the decisive delays in performing the similar large-scaled projects.