• Title/Summary/Keyword: global management

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Steel Plant Construction (EPC) Project Case Study : Forensic Lessons-learned Analysis and Systems Engineering Improvement Recommendation

  • Kyung-Bae Jin;Young-Ho Kim;Eul-Bum Lee;Suk-Hwan Seo
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.145-150
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    • 2013
  • As a recent global trend, the majority of mega-size plant projects are delivered through EPC (Engineering, Procurement and Construction) contracts, where a single contract is awarded for engineering, procurement, and construction. Under this contracting mechanism, it is challenging for contractors to carry out the projects under traditional project management processes used in design-bid-build projects. A new EPC Plant, the POSCO Special Steel Plant in Changwon, was built successfully at the beginning of 2012 and it is currently in full-scale production. The project has encountered a number of major difficulties however, with some technical and managerial issues through its development process. As summarized in this paper, the authors (as project participants with the contractor) investigated it as a post construction analysis and recorded the Lessons-learned for future project management improvement.

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A study on the difference in management performance according to the quality management system introduction level of small and medium-sized manufacturing companies (중소제조기업의 품질경영시스템 도입 수준에 따른 경영성과 차이 연구)

  • Lee, JuYong;Joo, HyungKun
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.18 no.2
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    • pp.61-75
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    • 2022
  • The purpose of this study is to analyze the impact of quality management system requirements, a management innovation technique, on business performance to secure the competitiveness of SMEs in an environment of increasing uncertainty in the global economy and intensifying competition. To this end, a survey was conducted on small and medium-sized enterprises (SMEs) operating a quality management system, and statistical analysis was performed through validity and reliability analysis, regression analysis, and group analysis using IBM SPSS 26.0. As a result of the study, it was found that planning, operation, support, and improvement, which are the core requirements of a quality management system, have a positive effect on business performance. In addition, through group analysis, it was found that the effect of quality management system requirements on business performance varies according to the level of the company. This means that the importance of quality management requirements required for strategy establishment varies according to the quality management introduction level of small and medium-sized manufacturers, and it can be used for small and medium-sized manufacturers to set strategic directions.

The Relation between Management Efficiency and Debt Ratio in Public Institutions (공공기관의 경영 효율성과 부채수준의 관련성에 관한 연구)

  • Jang, Ji Kyung;Yu, Soonmi
    • Journal of Korean Society for Quality Management
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    • v.50 no.1
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    • pp.139-151
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    • 2022
  • Purpose: This study aims to delve into the empirical implications in management efficiency by analyzing the relation between management efficiency and debt ratio in public institutions. Methods: Based on 165 public institutions published in public business information system from 2016 to 2020, Data Envelopment Analysis(DEA) for estimating management efficiency was performed. This study analyzed the relationship between management efficiency and debt ratio using multi-regression analysis. It also examines how the relationship varies depending on the type of public institution. Results: The results of this study are as follows; We find that there is no significant relation between management efficiency and debt ratio. However, we find that this relationship can be different depending on the type of public institution. Management efficiency is negatively associated with debt ratio for quasi-market type public institutions. This negative relation tends to mitigate for market type public institutions, which suggests that management efficiency may convey differential implications depending on the type of business environment represented by the type of institution. Conclusion: The overall results suggest that the government needs to due caution in establishing a policy plan to reduce debt by increasing management efficiency, taking the specific business environment, particularly with regard the type of institution.

CONSTRUCTION MATERIAL MANAGEMENT USING SMART MOBILE COMPUTING

  • Kwang-Pyo Lee;Hyun-Soo Lee;Moonseo Park
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.221-228
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    • 2011
  • As construction works have become larger and more complex, improving productivity by introducing Information Technology (IT) is pursued and more effective construction management is needed in construction industry. In this circumstance, many different kinds of project management system is being introduced, and various IT technologies are applied such as Personal Digital Assistant (PDA), Bar Code, Radio Frequency Identification (RFID), Web Camera, and so on. However, these kinds of technologies might cause re-processing of information and ineffectiveness of project because of lack of real time information processing technology or separation between construction sites and management offices. Meanwhile, these technologies rather decrease the construction productivity except for the data saving and database function. Therefore, this research aims to develop Application that can be applied efficiently for construction material management, by understanding problems of former management system with questionnaires and extracting functions with analysis of requirements. In virtue of the construction material management Application which will be developed in this study, it will be possible to input information automatically, to process and check material information in real time, and to identify the location of necessary material. Then, the problem of separation between construction sites and management offices are solved, and as a result, more efficient management of materials in construction sites will become possible. At the same time, this study will investigate the possibility and applicability of new IT device, Smart Phone to construction sites.

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National Policy and Status on Management of Spent Nuclear Fuel (사용후 핵연료 관리 정책과 국제 동향)

  • Park Won-Jae
    • Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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    • v.4 no.3
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    • pp.285-299
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    • 2006
  • At the end of 2005, 443 nuclear reactors were operating in 32 countries worldwide. They had provided about 3,000 TWh, which was just over 16 percent of global electricity supply. With the generating capacity of 368 GWe in 2004, the spent fuel generation rate worldwide, now becomes at about 11,000 tHM/y. Projections indicate that cumulative amounts to be generated by the year 2020, the time when most of the existing NPP will be closed to the end of their licensed lifetime, may be close to 445,000 tHM. In this regard, spent fuel management is a common issue in all countries with nuclear reactors. Whatever their national policy and/or strategy is selected for the backend of the nuclear fuel cycle, the management of spent fuel will contribute an impending and imminent issues to be resolved in the foreseeable future. The 2nd Review Meeting of the Contracting Parties to the Joint Convention was held in Vienna from 15 to 24 May 2006. The meeting gave an opportunity to exchange information on the national policy and strategy of spent fuel management of the Contracting Parties, to discuss their situations, prospects and the major factors influencing the national policies in this field and to identify the most important directions that national efforts and international co-operation in this area should be taken. In this paper, an overview of national and global trends of spent fuel management is discussed. In addition, some directions are identified and recent activities of each Member States in the subject area are summarized.

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P2P-based Mobility Management Protocol for Global Seamless Handover in Heterogeneous Wireless Network (이기종망에서 글로벌 끊김 없는 핸드오버를 위한 P2P 기반 이동성 관리 프로토콜)

  • Chun, Seung-Man;Lee, Seung-Mu;Park, Jong-Tae
    • Journal of the Institute of Electronics and Information Engineers
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    • v.49 no.12
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    • pp.73-80
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    • 2012
  • In this article, we propose a P2P-based mobility management protocol for global seamless handover in heterogeneous wireless networks. Unlike previous mobility management protocols such as IETF MIPv4/6 and its variants, the proposed protocol can support global seamless handover without changing the existing network infrastructure. The idea of the proposed protocol is that the location management function for mobility management is separately supported from packet forwarding function, and bidirectional IP tunnels for packet transmission are dynamically constructed between two end-to-end mobile hosts. In addition, early handover techniques have been developed to avoid large handover delays and packet losses using the IEEE 802.21 Media Independent Handover functions. The architecture and signaling procedure of the proposed protocol have been designed in detail, and the mathematical analysis and simulation have been done for performance evaluation. The performance results show that the proposed protocol outperforms the existing MIPv6 and HMIPv6 in terms of handover latency and packet loss.

The Comparative Analysis of the Internal Control According to Economic Changes in Korean Companies

  • Park, Cheol-Soo
    • Journal of Information Technology Applications and Management
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    • v.21 no.3
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    • pp.119-133
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    • 2014
  • Prior to the 2000s, internal control had not been among the high priority issues in the management's agenda. Since then, however, it has become one of the hottest issues, and has received a significant attention as the means of improving the transparency, sustainability, and competitiveness of a company. The objectives of this paper are to examine if there has been any noticeable changes in the level of internal controls of Korean companies before and after the 2010, and to analyze the underlying drivers and issues thereto. Accounting manipulation and moral hazard were among the factors to cause the Korean financial crisis in 1997 and 2008. Since then, the capital market has had a strong pressure on Korean companies to enhance the transparency of management and accounting while the government has made the laws, requirements, and recommendations to alleviate the moral hazard problems of management and enhance the accounting transparency. Both market and government have driven companies to put more priority on the reliability of financial reporting and the compliance of applicable laws and regulations. Thereby, the market and governmental forces has led companies to enhance the level of internal controls which contribute to the reliability of financial reporting and the compliance The pressure on companies to enhance the level of internal controls may be different across industries. The capital market and government experiencing the severe financial crisis in 1997 and 2008 put even more pressure on financial companies such as banks to upgrade the reliability of financial reporting and the compliance of regulations to the global level than on non-financial companies. A survey is performed on the changes in the level of internal controls of 54 major companies consisting of 10 financial and 44 non-financial companies in Korea. The survey results show that the average level of internal controls of Korean companies has noticeably improved and that the change in the level of control environment factor is higher than that of IT control factor. The analysis on the industry differences shows that financial companies increased the level of control environment factor more than non-financial companies did while non-financial companies upgraded the level of IT control factor more than financial companies did relatively. Among internal control categories, the most improved area since the economic crisis is "Risk Assessment." The global best practices for risk management have been developed primarily in the financial industry and then spread to other industries. The general level of control practices of Korean companies has been improving significantly, but still appears below the global advanced practices.

Development of a Practical Algorithm for en-route distance calculation (항로거리 산출을 위한 실용 알고리즘 개발)

  • GeonHwan Park;HyeJin Hong;JaeWoo Park;SungKwan Ku
    • Journal of Advanced Navigation Technology
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    • v.26 no.6
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    • pp.434-440
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    • 2022
  • The ICAO (International civil aviation organization)recommended the implementation of the GANP (global air navigation plan) for strategic decision-making and air traffic management evaluation. In this study, we proposed a new method for finding the route distance from KPI (key performance indicator) 05 actual route extension presented for air traffic management evaluation. For this purpose, we collected trajectory data for one month and calculated the en-route distances using the methods presented in ICAO and the methods presented by this author. In the ICAO method, the intersection point must be estimated through the equation of a circle for radius 40 NM and the equation of a straight line for an inner and outer point close to a circle in the track data, and four flight distances are calculated to calculate the en-route distance. In the method presented in this study, two flight distances are calculated without estimating the intersection point to calculate the en-route distance. To determine the error between the two methods, we used the performance evaluation index RMSE (root mean square error) and the determination factor R2 of the regression model.

A Study on the establishment of effective Railway Safety Management System focused on KORAIL's SMS (효율적인 철도안전관리 체계 구축에 관한 연구 - 한국철도공사 안전관리체계를 중심으로 -)

  • Kim, Tae-Gil;Joo, Chang-Hoon;Hwang, Dong-Hwan;Choi, Seog-Jung;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.16 no.2
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    • pp.11-18
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    • 2014
  • Advanced Safety Management System(SMS) of Korea Railroad Corporation for risk management should be established applying contents-centered domestic standard according to Railway Safety Act and process-centered international standards suggested by Lloyd's Register Company. Besides, laws, regulations, guidelines and manuals which are optimized for each sector should be systematically integrated to strengthen the consistency of SMS of KORAIL. New safety regulations and guidelines for safety management/train operations/maintenance should be established according to the safety policy of KORAIL to boost effective field work by regulations, guidelines, manuals, etc. The advanced Safety Management System will lead KORAIL as a competent global enterprise with its boosted reputation in the international railway market.

Effective Concepts of Harmonious Management of Production Systems

  • Arutiunian, Iryna;Poltavets, Maryna;Аchacha, Maryna;Bondar, Olena;Pavlov, Fedir;Gerasymenko, Oleksandr;Kulinich, Tetiana
    • International Journal of Computer Science & Network Security
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    • v.21 no.3
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    • pp.141-144
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    • 2021
  • Modern concepts of management of construction production systems require solving the problems of harmonization of the distribution of structural elements on the way to overcoming global destabilization processes. An effective ratio of functional subsystems of production in an environment of mutual influence create sustainable opportunities for production management and contribute to the logical development of the system as a whole in achieving the main goal of harmonious management. The purpose of the study is to develop the concept of effective management of production systems in construction with the harmonious formation of organizational structures. The results of the study allowed to reveal the harmonization approach in improving the interaction of structural elements of production and accelerating their functional sensitivity to changes in the environment. Harmonious production system more effectively adapts to the diversity of interests, goals and actions at all levels of management of different subsystems in any environment.