• Title/Summary/Keyword: global management

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A Study on Composition and Application of Risk Management Planning and Procedure for Successful Overseas Construction Projects - Based on the PRINCE2 Methodology in the UK - (성공적인 해외 건설 프로젝트 수행을 위한 리스크 관리 계획·절차 구축 및 활용 방안에 대한 연구 - 영국의 사업관리 기법인 PRINCE2를 기반으로 -)

  • Kang, Sinbong;Kim, Seungchul
    • Korean Journal of Construction Engineering and Management
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    • v.17 no.1
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    • pp.48-55
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    • 2016
  • Risk management is an important element for successful management of overseas construction projects. This study reports a case study in which we proposed a risk management planning and procedure for plant construction which can be applied throughout the project life cycle. We analyzed the risk management practices of Korean construction companies by applying the concept of the PRINCE2 method developed in the UK, and proposed a risk management planning and procedure with organizational structure and working process. The suggested risk management planning and procedure was applied to an overseas plant construction project, and produced good results. It is believed that the procedure suggested here can also be aplied to other companies to enhance the competency in the global construction market.

A Study on Drawing Priority of Competitiveness Factors of Ship Management Company in Korea Using AHP (AHP를 이용한 우리나라 선박관리기업의 경쟁력 요인 우선순위 도출에 관한 연구)

  • Lee, Chang-Ho;Ryoo, Dong-Keun;Sohn, Bo-Ra;Seo, Young-Joon
    • Journal of Navigation and Port Research
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    • v.34 no.3
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    • pp.243-249
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    • 2010
  • The competition between ship management companies is fierce as a result of global trend towards increased specialization. In order for ship management companies to remain competitive, it is necessary to understand the local and global factors and the changing circumstances that impact shipping markets and trade patterns. To better understand these factors, a study and analysis of drawing priority of the competitiveness-evaluation factors of ship management companies was conducted using Analytical Hierarchy Process(AHP) as a method dealing with dicision-making problem. As a consequence of this analysis, it was determined that human resources, both shipboard and land management, were a primary factor in ship management company's competitiveness. Thus, the acquisition and retention of capable staff was a key aspect of assuring a ship management company's competitiveness.

Rice Yield Response to Biochar Application Under Different Water Managements Practices

  • Jung, Won-Kyo
    • Korean Journal of Soil Science and Fertilizer
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    • v.45 no.1
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    • pp.16-19
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    • 2012
  • Increasing rice grain yield is critical for feeding rapid increasing of Asian population. However, global warming effect may be negative for sustainable rice production. Therefore it is essential to develop technologies not only for increasing grain yield but also for reducing global warming effect. Biochar, which is carbonized biomass, has a great potential of carbon sequestration and soil quality improvement, which can contribute grain yield increasing. In this study, rice yield responses to biochar application on the rice cropping system were evaluated with field experiments under different water management practices at the research farm of the University of Missouri-Columbia Delta Research Center, Portageville, MO. Biochar (i.e., $4Mg\;ha^{-1}$) was produced using field scale pyrolyzer and incorporated into the field 4 months prior to planting. Rice was grown under three different water management practices. Result showed that no significant yield difference was found in the biochar application plots compared to rice hull and control plots from the 2 years field study at the very fertile soil. However, rainfed management results in severe reduction of yield. Research concludes that the biochar application does not significantly influence on rice yield increasing especially for very fertile soils.

DEVELOPMENT OF DATA INTEGRATION AND INFORMATION FUSION INFRASTRUCTURE FOR EARTH OBSERVATION

  • Takagi Mikio;Kltsuregawa Masaru;Shibasaki Ryousuke;Ninomiya Seishi;Koike Toshio
    • Proceedings of the KSRS Conference
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    • 2005.10a
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    • pp.22-25
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    • 2005
  • The 10 Year Implementation Plan for a Global Earth Observation System of Systems (GEOSS), which was endorsed at the Third Earth Observation Summit in Brussels in February, 2005, emphasizes the importance of data management facilities for diverse and large-volume Earth Observation data from inhomogeneous information sources. A three year research plan for addressing this key target of GEOSS has just approved as the first step by the Japanese government. The goals of this research are, (1) to develop a data management core system consisting of data integration and information fusion functions and interoperability and information service functions; (2) to establish data and information flows between data providers and users; (3) to promote application studies of data integration and information fusion, especially in the fields of weather forecasting, flood forecasting, agricultural management, and climate variability and changes. The research group involves leading scientists on information science and technology, who have been developing giant data archive servers, storage area networks, metadata models, ontology for the earth observations. They are closely cooperating with scientists on earth sciences, water resources management, and agriculture, and establishing an effective collaborative research framework.

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Modelling and performance analysis for the end-to-end path tracing managment in ATM network (ATM망의 단대단 통신로 추적관리의 모델링 및 성능분석)

  • 박명환;안중영;조규섭
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.21 no.9
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    • pp.2385-2401
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    • 1996
  • In this paper, a management model and a path trace algorithm are proposed for the end-to-end path tracing management in ATM network. Proposedmodel is based on the TINA(Telecommunication Information Networking Architecture) and computational object(CO) of ODP(Open Distributed Processing).We related computational object for the path trace to another computational object which covers the ATM routing and established operational procedure according to this relationship. This procedure identifies the end-to-end by way of tracing the ATM connections then collect identification information on the that path. End-to-end trace is performed on the network management level. Broadcasting-with-synchronized-control and GTM(Global Ticket Method) are proposed as path trace algorithm considering the real time properties and data ingetrity. Computer simulations are also performed to evaluate the performance of the proposed algorithm and its resuls are shown in this paper.

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Heat Exchangers for Gas Turbine Cycles and Thermal Management (롤스로이스 기술개발 동향)

  • Stieger, Rory
    • Proceedings of the Korean Society of Propulsion Engineers Conference
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    • 2011.04a
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    • pp.465-465
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    • 2011
  • Rolls-Royce is a global company producing advanced power systems for use on land, at sea and in the air. In order to develop competitive products and services, Rolls-Royce invests in technology, infrastructure and capability with much of the research carried out in a global network of University Technology Centres, such as the UTC in Thermal management at Pusan National University. Heat exchangers and thermal management play a critical role in today's gas turbine engines, maintaining the fuel and oil temperatures within the correct operational range. Future products are likely to place an increased duty on the thermal management system and thus require advances in heat exchanger design, installation and manufacturing. Heat exchangers further have the potential to play a vital role in Advanced Cycle Gas Turbine products. The Intercooled and recuperated WR21 marine gas turbine engine recently entered service with the Royal Navy and is delivering very attractive fuel burn in service. The development of an advanced cycle aero-engine is a significantly greater challenge, requiring better understanding of compact and light weight heat exchanger surfaces, novel installations and ducting systems and may required novel manufacturing techniques to achieve the volume, weight and cost necessary to realise a viable advanced cycle gas turbine aero-engine.

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Do Independent Director Characteristics Affect Firm Performance Under the COVID-19 Epidemic? Empirical Evidence from China

  • ZHAO, Xiaoqing;MU, Qingbang;TEO, Brian Sheng-Xian
    • The Journal of Asian Finance, Economics and Business
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    • v.10 no.1
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    • pp.31-40
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    • 2023
  • This paper investigates the effect of independent directorship on the firm performance of Chinese listed companies under the impact of the global COVID-19 epidemic. The study starts by assessing the relationship between independent director-related characteristics and firm performance, then mines independent director characteristics variables, collects variable data, proposes reasonable hypotheses, and constructs a data model. 1597 companies listed on Shanghai and Shenzhen stock index, China, from 2020 to 2021 has been selected as the research sample. An empirical study on the relationship between independent directors' characteristics and firm performance was conducted using SPSS25. The results show that under the impact of the global COVID-19 epidemic, the proportion of independent directors on the board of directors, the age of independent directors, the remuneration of independent directors, and the overseas background of independent directors in Chinese listed companies have a negative relationship with the current firm performance, while the proportion of female independent directors and the part-time rate of independent directors do not have a positive effect on firm performance. The findings of this study strongly imply that independent directors' characteristics play a significant role in corporate governance and firm performance in Chinese listed companies and that the external environment has an impact on how well independent directors can carry out their duties.

COVID-19's Rapid Digitalization of Construction Education: Built Environment Instructor Experience in Kwazulu-Natal, South Africa.

  • Mall, Ayesha;Haupt, Theodore C
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.476-483
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    • 2022
  • The novel coronavirus pandemic has had a significant impact on society and everyday life. The pandemic imposed a global shutdown leading to many challenges such as the suspension of academic programs at universities. The result of this suspension contributed to the rapid overnight migration of educational activities from traditional face-to-face learning to a virtual environment which until then was unfamiliar to both instructors and students. This study identified the experiences faced by built environment higher education instructors in KwaZulu-Natal, South Africa during this sudden switch to online teaching and learning. This pilot study employed a quantitative research approach to survey instructor experiences on online teaching and learning during a global pandemic. The data was computed and analyzed using IBM Statistical Package for Social Sciences (SPSS) version 27. Descriptive statistics were used to analyze the data collected. The study sample comprised of 20 higher education instructors in the region of the KwaZulu Natal province in South Africa. Findings from the study revealed that instructors faced adaptive challenges with rapidly having to redesign and remodel the mode of academic course delivery and assessments to suit an online platform. Additionally, instructors observed that students faced technological challenges such as connectivity and navigating the online learning management system platforms. The challenges identified by instructors and students can be effectively transformed to opportunities for future learning under the 'new normal'.

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Business Model Development for Automatic Quality Inspection System of Temporary Structure Elements

  • Go-eun CHOI;Seo-joon LEE;Kyu-hyup LEE;Jun-sung SEOL;Soonwook KWON
    • International conference on construction engineering and project management
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    • 2024.07a
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    • pp.1168-1176
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    • 2024
  • For reusable Temporary Structure Elements such as scaffolding and temporary supports, quality control tasks are currently carried out through visual inspections by quality management workers and subjective judgments. Regarding quality tests based on the KOSHA(Korea Occupational Safety & Health Agency) system, only three pieces are sampled regardless of the quantity received at the site. On the other hand, although there is ongoing technological research on an automatic quality inspection of temporary structure elements, relevant stakeholders' introduction of such systems is hindered by issues such as cost. Therefore, this study aims to review a business model for introducing a quantitative and automated quality inspection system for reusable temporary structure elements. The study intends to propose application methods for each component according to a template and establish the business model by conducting interviews and collecting basic data for each template component. The results of this research are expected to serve as a foundation for implementation and expanding the adoption of quality management for temporary structure elements using smart technologies in the future.

Plan-coordination architecture for Multi-agent in the Fractal Manufacturing System (FrMS) (프랙탈 생산 시스템에서의 멀티에이전트를 위한 플랜 조율 체계)

  • Cha, Yeong-Pil;Jeong, Mu-Yeong
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2005.05a
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    • pp.1124-1128
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    • 2005
  • In this paper, a plan-coordination architecture is proposed for multi-agent control in the fractal manufacturing system (FrMS). A fractal in FrMS is a set of distributed agents whose goal can be achieved through cooperation, coordination, and negotiation with other agents. Since each agent in the FrMS generates, achieves, and modifies its own plan fragments autonomously during the coordination process with other agents, it is necessary to develop a systematic methodology for the achievement of global plan in the manufacturing system. The heterarchical structure of the FrMS provides a compromised plan-coordination approach, it compromise a centralized plan-generation/execution (which mainly focuses on the maximization of throughput) with a distributed one (which focuses on the autonomy of each module and flexibility of the whole system). Plan-coordinators in lower level fractal independently generate plan fragments according to the global plan of higher level fractal, and plan-coordinators in higher level fractal mediate/coordinate the plan fragments to enhance the global performance of the system. This paper assumes that generation method of the plan fragments and the negotiation policy of the fractal is achieved by a simple process, and we mainly focuses on the information exchanging and distributed decision making process to coordinate the combinations of plan fragments within a limited exchange of information.

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