• 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.

• International conference on construction engineering and project management
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• 2022.06a
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• pp.975-983
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• 2022

This paper presents an innovative way of integrating scheduling and project controls with the environmental impact of a construction project to track, monitor, and manage environmental emissions at the activity level. As a starting point, scheduling and project controls help monitor the status of a project to provide an assessment of the duration and sequence of activities. Additionally, project schedules can also reflect resource allocation and costs associated with various phases of a construction project. Owners, contractors and construction managers closely monitor tasks or activities on the critical path(s) and/or longest path(s) calculated through network based scheduling techniques. However, existing industry practices do not take into account environmental impact associated with each activity during the life cycle of a project. Although the environmental impact of a project may be tracked in various ways, that tracking is not tied to the project schedule and, as such, generally is not updated when schedules are revised. In this research, a Cradle to Gate approach is used to estimate environmental emissions associated with each activity of a sample project schedule. The research group has also investigated the potential determination of scenarios of lowest environmental emissions, just as project managers currently determine scenarios with lowest cost or time. This methodology can be scaled up for future work to develop a library of unit emissions associated with commonly used construction materials and equipment. This will be helpful for project owners, contractors, and construction managers to monitor, manage, and reduce the carbon footprint associated with various projects.

• International conference on construction engineering and project management
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• 2009.05a
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• pp.400-408
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• 2009

Simulation applications for analyzing the productivity of construction operations at operation level and project schedules at project level are crucial methods in project management. The application at two different levels should be very tightly linked to each other in practice. However, appropriate integration at the levels is not achieved in that existing systems do not support to integrate operation models into a schedule model. This paper presents a new approach named to Discrete Event Simulation-Nesting modeling approach, which supports not only productivity analysis at operation level but also schedule management at a project level. The system developed by the authors allows creating operation models at the operation level, maintaining them in operation model library, executing sensitivity analysis to find the behaviors of the operation models when different combination of resources are used as existing DES systems do. On top of the conventional functions, the new system facilitates to find the optimum solution of resource combinations which satisfy the user's interest by computing the hourly productivity and the hourly cost of the operation. By drag-and-dropping an operation model kept in the operation model library, the operation models are integrated into an activity of the schedule model. When a complete schedule model is established by nesting operation models into the schedule model, stochastic simulation based scheduling is executed. A case study is presented to demonstrate the new simulation system and verify the validity of the system.

• The Journal of the Institute of Internet, Broadcasting and Communication
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• v.12 no.4
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• pp.119-130
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• 2012

Recently, the software system is getting complicating and the customers are requiring faster development. For the traditional sequential approach can't against this problem iterative approach is used instead. For the representative iterative approach, there is RUP (Rational's Unified Process). However, RUP standard practical methods are phase, iteration, and disciplines, sequentially. As a result, there's some waste of manpower when a discipline is executed in an iteration, it has to wait till the next same discipline is executed. There are linear approach, sequential approach, overlapped iteration approach, and time-boxed iteration for the efficient execution of RUP. However, they have some problems such as waste of manpower or difficulty in the project management. This paper suggests a method about how to execute the disciplines as a concurrent type. The concurrent approach prevents the waste of manpower and solves the difficulty of project management.

• Journal of Construction Engineering and Project Management
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• v.5 no.1
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• pp.1-10
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• 2015

In construction, stakeholders of extended project team play a key role in the overall project performance. Successful integration of stakeholders demands for good management practices at strategic, operational and project levels. Targets and measures to improve the stakeholder performance encourage the creativity and willingness of stakeholders of extended project team to develop the better ways to achieve the project objectives. This paper presents a generic descriptive method, showing how stakeholder's ability and influence impacts on project performance in the construction sector. The findings of a series of interviews with key informants are presented and the following main conclusion is drawn: improving project performance through stakeholder's contribution and measuring their performance can strengthen the project performance. This innovative approach which redefines the process of improving the project performance in construction projects will be of interest to those who intend to manage the projects in practice as well as to those who interested in advancing theory.

• Journal of the Korea Safety Management & Science
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• v.9 no.5
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• pp.67-78
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• 2007

This paper discusses a scheduling problem on object-oriented developments over multiple teams with limited resources in matrix organization. The objective of the problem is to minimize the makespan of overall projects. There are tangible and intangible advantages such as efficient resource share, improvement of productivity, development efforts and cost reduction, etc. by dispatching resources properly to the development teams. Traditionally, the project scheduling has been done with a manager's intuition or heuristic. We present a scheduling model with illustrative examples, stochastic search approach, and apply a variety of problems generated randomly to the approach. The results are analysed.

• Proceedings of the Korea Technology Innovation Society Conference
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• 2002.05b
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• pp.181-198
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• 2002

This article describes a methodology for evaluating huge aerospace R&D investments using the real options pricing method. Option pricing has been proposed as a useful approach for modeling investment in R&D. Two important features of R&D investments are that an R&D project takes time to complete and that the outcome of R&D investments is highly uncertain. This makes the analysis of R&D investments difficult. Traditional tools for project evaluation, like IRR or the NPV, are inadequate for coping with the high uncertainty. Hence, In this article I propose a log-transformed binomal lattice method, and it will show that option pricing might be an adequate framework for evaluating such types of aerospace investments.

• International conference on construction engineering and project management
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• 2005.10a
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• pp.808-813
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• 2005

Effective cost management requires reliable cost estimates at every stage of project development. The primary purpose of this research is to develop systematic modeling procedures and an automatic computing program for infrastructure estimating in the Texas Department of Transportation (TxDOT). The computing system toggles between project input information and segregated district unit prices for highway work item quantity estimates associated with earthwork and landscape, subgrade treatments and base, surface courses and pavement, structures, miscellaneous construction, and lighting, signing, markings and signals. This quantity-based approach was chosen because of the conventional approach lacking of quantity information until primary design is complete.

• English Language & Literature Teaching
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• v.11 no.1
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• pp.57-76
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• 2005

This study provides a rationale for using project-based learning with Korean students of English in Korea; in addition, it describes the process of creating and implementing project-based learning in the classroom and gives examples of how this unique teaching and learning method has been used successfully to teach learners with different levels of English proficiency. The first two chapters of the study examine the nature of project-based learning by comparing it with related fields of study, such as language teaching syllabi and methods, cognitive psychology, constructivists' views and interaction theory. The latter part of the study deals with issues related to applying project-based learning in Korean English classes. It emphasizes the importance not only of motivating active group effort and participation, but also in creating a trusting, cooperative relationship between group members in order to have a successful accomplishment of a project. The study concludes with implications for future studies.

• The Journal of Information Systems
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• v.28 no.4
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• pp.175-197
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• 2019

Purpose This study develops a heuristic algorithm to solve the time-resource tradeoffs in project scheduling problems with a real basis. Design/methodology/approach Resource constrained project scheduling problem with time-resource tradeoff is well-known as one of the NP-hard problems. Previous researchers have proposed heuristic that minimize Makespan of project scheduling by deriving optimal combinations from finite combinations of time and resource. We studied to solve project scheduling problems by deriving optimal values from infinite combinations. Findings We developed heuristic algorithm named Push Algorithm that derives optimal combinations from infinite combinations of time and resources. Developed heuristic algorithm based on simulated annealing shows better improved results than genetic algorithm and further research suggestion was discussed as a project scheduling problem with multiple resources of real numbers.