• Title/Summary/Keyword: management efficiency

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Efficiency Analysis of Project Management Offices Using Bootstrap DEA (부트스트랩 자료포락분석을 이용한 프로젝트 관리 조직의 효율성 분석)

  • Ko, Joong-Hoon;Park, Sung-Hun;Bae, Eun-Song;Kim, Dae-Cheol
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.41 no.3
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    • pp.61-71
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    • 2018
  • The purpose of this study is to analyze the efficiencies of project management offices in large information system construction projects using the data envelopment analysis. In addition, we tried to estimate the confidence interval of those efficiencies using bootstrap DEA to give a statistical meaning. The efficiency by the CCR model is analyzed as eight project management offices are fully efficient and 22 project management offices are inefficient. On the other hand, there are 15 project management offices are fully efficient, but 15 project management offices are inefficient in the BCC model. As the result of the scale efficiencies, of the inefficient project management offices, 13 project management offices are inefficient in scale. It is possible to eliminate the inefficiency in the CCR model by improving their project performances. And, the nine project management offices showed that the inefficiency was due to pure technical efficiency, and these companies should look for various improvements such as improvement of project execution system and project management process. In order that the inefficient project management offices be efficient, it is analyzed that more efforts must be made for on-budget and on-time as a result of examining the potential improvement potentials of inefficient project management offices.

Priority for the Integrated Management of Infrastructure in Wirye New Town (위례신도시 기반시설 통합관리 우선순위에 관한 연구)

  • Choi, Sang-Hee;Kim, Ryoon-Hee;Kim, Doo-Hwan
    • Land and Housing Review
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    • v.8 no.3
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    • pp.113-121
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    • 2017
  • Wirye New Town is constructed as a new complex city with three municipalities. Infrastructure must be managed by administrative districts, but integrated management is also needed when considering the planned identity and efficient management and operation aspects of a new town. The purpose of this study is to establish why the integrated management of infrastructure is needed, to form a consensus of stakeholders and to set priorities of integrated management considering characteristics of each facility. This thesis analyzes the order of priorities for integrated management of the infrastructures in Wirye New Town. The study includes an analytic hierarchy process (AHP) survey that asked 95 local city officials and experts in city planning about important values to consider, such as efficiency, equity, and identity, for the integrated management of infrastructures in Wirye New Town. Another survey requested these same people to identify the priorities for integrated management in terms of different infrastructure types. The results are as follows. Those who were surveyed considered efficiency(0.442) to be the most important value for integrated management. Equity was deemed to be the next most important(0.369), followed by identity(0.190). The second step in the AHP survey revealed that "efficiency of management governance" (0.202) was considered to be the most important, then "equity of infrastructure quality among the sub-regions" (0.155), and finally "efficiency for improvement of quality and quantity of services" (0.133). The results of the survey about the priority for integrated management among infrastructure types and AHP shows that 'specialized facilities', 'Space facilities located in more than two municipalities', and 'linear facilities located in more than two municipalities.' are important.

Optimal Packet Length with Energy Efficiency for Sensor Networks (센서 네트워크상에서 에너지 효율성을 고려한 최적 패킷 길이)

  • Choi Sung-Hye;Joe InWhee
    • Proceedings of the IEEK Conference
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    • 2004.06a
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    • pp.111-114
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    • 2004
  • Sensor networks are deployed with a limited energy source. Thus, energy efficient design can be challenging. This paper has been studied optimal packet length with energy efficiency for sensor networks. And using Power Management can not improve energy efficiency. Power Management is turning off transceiver when transceiver is idle statue. We show that BCH code for error control can improve energy efficiency better than Convolutional code.

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The relationship between audit quality and Investment efficiency

  • Dashtbayaz, Mahmoud Lari;Mohammadi, Shaban
    • The Journal of Economics, Marketing and Management
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    • v.4 no.2
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    • pp.20-32
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    • 2016
  • The purpose of the present study is to investigate the audit quality and Investment efficiency of the listed companies on the Tehran Stock Exchange (TSE). The population includes 94 firms selected through systematic sampling. The data is collected from the audited financial statements of the firms provided by TSE's website from 2008 to 2015. In this study the variables, auditor industry specialization, auditor reputation, auditor tenure and auditor independence has been used to investigate audit quality. The results of multiple linear regression analysis show that there is a significant relationship audit quality and Investment efficiency.

Strategic Management Accounting and Firm Performance: Evidence from Finance Businesses in Thailand

  • PHORNLAPHATRACHAKORN, Kornchai;NA-KALASINDHU, Khajit
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.8
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    • pp.309-321
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    • 2020
  • This study aims to examine the effects of strategic management accounting on firm performance of finance businesses in Thailand. Strategic management accounting comprises of environmental scanning, competitor orientation and forward-looking information. In this study, 175 finance businesses in Thailand are the samples of the study. A mail survey procedure was used for data collection. The hierarchical multiple regression analysis is employed to test the research relationships. Firstly, environmental scanning positively affects operational excellence, organizational effectiveness and firm performance. Secondly, competitor orientation is positively related to managerial efficiency and organizational effectiveness. Thirdly, forward-looking information has a positive influence on operational excellence, managerial efficiency, organizational effectiveness, and firm performance. In addition, operational excellence, managerial efficiency and organizational effectiveness have positive impact on firm performance. Finally, to verify the mediating effects, operational excellence, managerial efficiency and organizational effectiveness are the mediators of the research relationships. This study confirms that all dimensions of strategic management accounting play a significant role in determining business outcome as being congruent with the theory of resource-based views of the firms. Executives of firms need to provide valuable resources and capabilities to support the strategic management accounting implementation in order to achieve good business outcome in highly competitive environments.

Efficiency Rating by Types of Public Institutions and Identification of Inefficiency Sources (공공기관의 유형별 효율성 평가와 비효율성 원인의 규명에 관한 연구)

  • Kim, Hyun Jung
    • Journal of the Korean Operations Research and Management Science Society
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    • v.40 no.1
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    • pp.75-89
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    • 2015
  • In recent years, attention to the high debt ratio in public institutions has pushed the government to make efforts in reducing the debt ratio. However, in order to stimulate the economy, the government needs drastically innovative measures that reduce debt by improving efficiency rather than moderate approaches that focus solely on debt reduction. Despite this need, no study has yet systematically analyzed the overall efficiency of domestic public institutions and identified the source of inefficiencies in each public entity. Therefore, largely two research questions are examined. First, this study compares the efficiency levels by types of public institutions. Second, this study identifies the cause of inefficiencies in each public institution and proposes directions for improving efficiency. Based on a 5-year data of 302 public institutions published in public business information systems and organizational websites from 2009 to 2013, Data Envelopment Analysis (DEA) was performed. The input variables include the number of employees and total costs while the output variables include sales and net income. Reflecting the characteristics of public institutions, the input-oriented CCR model and input-oriented BCC model were utilized. Analysis results are as follows. First, market-oriented public institutions showed the highest efficiency while fund management quasi-governmental agencies showed the highest inefficiency. Second, scale efficiency score was measured by applying the CCR model and the BCC model on the organizations with the lowest efficiency level, fund management quasi-governmental agencies. Based on these analysis results, the source of inefficiency and detailed directions for improvement were proposed for Decision Making Units (DMUs) with low CCR and BCC scores.

Trends in Indian Private Sector Bank Efficiency: Non-Stochastic Frontier DEA Window Analysis Approach

  • KUMAR, Ashish;ANAND, Nakul;BATRA, Vikas
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.729-740
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    • 2020
  • The study examines the efficiency of private sector banks in India with the help of Window DEA (Data Envelopment Analysis) for a period from 2005 to 2017. With a window of three years, the period was divided into 11 windows. The study outcomes show that 59.9% of all private sector banks in India operate at more than 0.9 level of efficiency, and there are only three occasions when banks were operating at the efficiency value between 0.6 to 0.7. Further, the consistency in the efficiency scores of the banks has also been analyzed using an efficiency mapping matrix, and the mean efficiency score of the bank in each window is studied. The score of standard deviation was interpreted accordingly for these banks. Banks that are showing the highest efficiency scores also have a higher variance of efficiency scores. There was no bank identified in the matrix that promises high-efficiency ratings with low variability. The study concludes that the analysis of the efficiency mapping matrix indicates that, as a DMU escalates in the efficiency scores, the standard deviation reflecting the risk in overall efficiency scores also tends to rise. The findings complement the concept of higher risk to higher return or greater efficiency.

A Study that Target Amount of Standardization by Menu Management Effect on the Job Efficiency (메뉴관리에 따른 조리 표준량 목표가 업무 효율성에 미치는 영향 연구)

  • Lee, Sang-Jung
    • Culinary science and hospitality research
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    • v.16 no.2
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    • pp.49-63
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    • 2010
  • The purpose of this study is to investigate how menu management effect on job efficiency at a hotel restaurant. Target standardization amount is needed to set for effective menu management to give quality menu toward customers to do that bring effective job efficiency. The survey is conducted to employees who are working at hotel restaurant. To verify the hypotheses, set this study up frequency analysis, reliability analysis, factor analysis, and linear regression analysis. The collected questionnaires were analyzed through statistical package SPSS WIN 12.0. Moreover, adjusting regression analysis using multiplying matrix was carried to obtain the results of effectiveness. The results show that menu management is required to apply the target amount of standardization in order to increase the job efficiency. At a menu planning phase, managers are expected to compose menu after having full consultation with employees. During the process, the target standardization amount can play a key role to improve job efficiency. Conclusively, to get effective customer service performance, it is necessary to set the target amount standardization if you are considering a trend and taste of customers who should be kept being adjusted or supplemented in line with a trend.

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Measuring production efficiency using Data Envelopment Analysis : The case of public Corporation Medical Centers (자료포락분석(DEA)을 이용한 효율성 측정 - 지방공사 의료원을 대상으로 -)

  • 박창제
    • Health Policy and Management
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    • v.6 no.2
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    • pp.91-114
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    • 1996
  • In this research, the Data Envelopment Analysis(DEA) was applied to measure production efficiency of Public Corporation Medical Centers(PCMCs) operating in Korea. The focus of this research is triple. First, identifing convenience and usefulness of DEA to measure the relative efficiency among PCMCs. Second, assessing magnitudes of the relative efficiency for each PCMC. Third, adding insights into some factors resulting inefficiency in PCMCs. Then, in this paper technical efficiency and scale efficiency measured by DEA[introduced by Charnes, Cooper, and Rhoides(1978) and Banker, Charnes, and Cooper(1984)] were analyzed and a new separate variable was introduced which makes it possible to determine whether operations were conducted in regions of increasing, constant or decresing returns to scale(in multiple input and output situations). And a multi-factor Tobit analysis was conducted to see which variables are associated with PCMC's efficiency.

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Evaluating the Efficiency of Mobile Content Companies Using Data Envelopment Analysis and Principal Component Analysis

  • Cho, Eun-Jin;Park, Myeong-Cheol
    • ETRI Journal
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    • v.33 no.3
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    • pp.443-453
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    • 2011
  • This paper evaluates the efficiency of mobile content firms through a hybrid approach combining data envelopment analysis (DEA) to analyze the relative efficiency and performance of firms and principal component analysis (PCA) to analyze data structures. We performed a DEA using the total amount of assets, operating costs, employees, and years in business as inputs, and revenue as output. We calculated fifteen combinations of DEA efficiency in the mobile content firms. We performed a PCA on the results of the fifteen DEA models, dividing the mobile content firms into those having either 'asset-oriented' or 'manpower and experience-oriented' efficiency. Discriminant analysis was used to validate the relationship between the efficiency models and mobile content types. This paper contributes toward the construction of a framework that combines the DEA and PCA approaches in mobile content firms for use in comprehensive measurements. Such a framework has the potential to present major factors of efficiency for sustainable management in mobile content firms and to aid in planning mobile content industry policies.