• Title/Summary/Keyword: project balance

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Optimizing Construction Alternatives for Repetitive Scheduling (반복공정 최적 공법대안 선정 방법)

  • Park, Sang-Min;Lee, Dong-Eun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2015.05a
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    • pp.132-133
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    • 2015
  • Efficient scheduling and resource management are the key factor to reduce construction project budget (e.g., labor cost, equipment cost, material cost, etc.). Resource-based line of balance (LOB) technique has been used to complement the limitations of time-driven scheduling techniques (e.g., critical-path method). Optimizing construction alternatives contributes cost savings while honoring the project deadline. However, existing LOB scheduling is lack of identifying optimal resource combination. This study presents a method which identifies the optimal construction alternatives, hence achieving resource minimization in a repetitive construction by using genetic algorithm (GA). The method provides efficient planning tool that enhances the usability of the system.

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THE CHEONGGYE-CHEON ESTORATION PROJECT AND HYDROLOGICAL CYCLE ANALYSIS

  • Kim, Hyeon-Jun;Yoon, Soo-Kil;Noh, Seong-Jin;Jang, Cheol-Hee
    • Water Engineering Research
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    • v.6 no.4
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    • pp.179-187
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    • 2005
  • This paper introduces the Cheonggye-cheon restoration project. The restoration project aims to revive the 600-year-old city of Seoul by recovering the historical heritage, guaranteeing safety from the deteriorated covering structures, creating the environment-friendly space, and revitalizing the neglected city centers. In order to understand the current hydrological cycle of the Chenggye-cheon watershed, the annual water balance of the region was calculated using the observed data including precipitation, runoff, water supply and sewage, and the changes in the groundwater level. The $2001{\sim}2002$ data were used to calibrate the WEP, and the $2003{\sim}2004$ data were used to verify the WEP. The calibration and validation results for the flood hydrograph how a reasonable value (at Majanggyo station, the R2 for the calibration period was 0.9, and that for the validation period was 0.7). According to the annual water balance of the Cheonggye-cheon watershed for 2004, the amount of surface runoff, infiltration, and evapotranspiration was 1,097mm, 216mm and 382mm, respectively, for an annual precipitation of 1,499mm. The application results from WEP, a distributed hydrological model, provide more detailed information of the watershed, and the model will be useful for improving the hydrological cycle in urban watershed.

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기술혁신 기업과 R&D 프로젝트 파이낸스 : 지속적 기술혁신을 위한 자금조달의 대안

  • 김영훈;변혜영;이정동
    • Proceedings of the Technology Innovation Conference
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    • 2006.02a
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    • pp.170-186
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    • 2006
  • The guarantee funds for government policy fund, venture capital investment fund, technology guarantee debt are the core parts of the external financing system in the constant technology innovation company. However, the enterpriser's requirement to keep the technology innovation with minimized management intervention and policy maker's hope to advance technology development with clear operation of funds is enough to request for research of the project investment plan to the R&D project. This paper will analyze whether technology innovation company that creates cash flow prefers to the project investment as a financing program or not, and if prefers, what characters of company affect on this preference. The more the company that pursuit the additional R&D activity separated to on-going items becomes over the fixed size, the more prefers the project investment as future external fund-raising. Together with that, this paper suggests that we can apply the plan like special purpose vehicle, SWORD(Stock Warrant Off-Balance sheet R&D) and R&D Limited Partnership as R&D project investment policy, and improve the system itself.

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A Study on the Establishment of Masterplanner Operating Model for Residents' Participation Regeneration Project in Old Settlements of Downtown Jeju (제주시 원도심 주민참여형 재생사업의 총괄계획가 운영 모델 수립에 관한 연구)

  • Yang, Gun;Yi, Sang-Ho;Baek, Seung-Heon
    • Journal of the Korean Institute of Rural Architecture
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    • v.17 no.3
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    • pp.37-44
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    • 2015
  • The purpose of this study is to find important factors for establishment of masterplanner operating model in residents' participation regeneration project suitable for small provincial city compared with Seoul city's which were already operated these days. The study showed the following results: 1) Conditions required for masterplanners are professional, regionality, sustainability, balance, independence. 2) Regionality and professionality can be guaranteed by expert-recommendation and perform manual suitable for character of project and regional conditions. 3) Conditions required for masterplanners are applied flexibly depending on the size and duration of project.

Work-life Conflicts in the AEC Industry - A Comparative Analysis

  • Hu, Wei;Panthi, Kamalesh
    • Journal of Construction Engineering and Project Management
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    • v.8 no.2
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    • pp.1-16
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    • 2018
  • The Architectural, Engineering and Construction (AEC) industry has a culture of long working hours that sometimes extend to weekends. As a result, construction employees find it challenging to achieve a balance between their work and personal lives. It is believed that there is rarely a clear separation between employees' work and personal life in the AEC industry. This paper suggests that in order to attract and retain a talented workforce, AEC organizations have to cater for the diverse needs of employees with regard to work-life balance. This paper presents the results of a survey of both professional and managerial employees' perspective on work-life conflict issues in private and public AEC organizations. Perspectives were found to differ, although not significantly, by employees' experience, leadership experience, age and gender. Furthermore, most survey respondents noted that their employers did not have a policy or program in place supporting work-life balance initiatives. Finally, although the AEC industry is making strides to improve work-life balance, the effort is lagging behind other industry sectors in providing policies and programs to promote work-life balance through flexible work hours and various other means.

Balancing Efficiency and Flexibility in Software Project: The Role of Team Collective Improvisation, behavioral integration, and member diversity

  • Lee, Young-Joo;Lee, Jung-Hoon;Ham, Kyung Sun
    • Journal of Contemporary Eastern Asia
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    • v.16 no.1
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    • pp.22-45
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    • 2017
  • The successful management of software (SW) projects is a continuous concern to managers, which is attributed to the contradictory demands that most projects are facing; meeting user requirements within time and budget limit while flexibly dealing risks during the progress of the projects. The present study asserts project performance and risk mitigation are not tradeoff but to be achieved simultaneously, which is called SW project ambidexterity. Drawing on the literature on organizational behavior, hypotheses are developed speculating the relation among project performance, risk mitigation, team collective improvisation, team behavioral integration, and team diversity. Using empirical data collected from 102 SW project teams of 507 team members in South Korea, empirical analysis indicates team collective improvisation is a significant antecedent to SW project ambidexterity, playing a pivotal role to balance the contradictory demands. Furthermore, team behavioral integration positively influences the degree of team collective improvisation, and the magnitude of the relation is partially contingent on the team members' age and major diversity. The present study advances theory by providing a context specific explanation about the SW project ambidexterity and its precedents.

Flexibility and Sequential Investment Analysis (융통성(融通性)과 순차적(順次的) 투자분석(投資分析))

  • Min, Gye-Ryo;Park, Gyeong-Su
    • Journal of Korean Institute of Industrial Engineers
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    • v.5 no.2
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    • pp.15-20
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    • 1979
  • Information on the future availability of invested funds provides a decision maker with additional insight into the characteristics of alternatives in sequential investment analysis. The flexibilty to pursue newly emergent investment opportunities is an important property of decision alternatives that describes the future mobility of invested funds. The primary purpose of this paper is to propose a method for measuring flexibility using the concept of negative project balance with project abandonment option.

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Factors Influencing the Wellness of Call Center Employees (콜 센터 상담원의 웰니스에 영향을 미치는 요인)

  • Kim, Yeonju;Kim, Gwang Suk;Kim, Youlim
    • Research in Community and Public Health Nursing
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    • v.33 no.1
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    • pp.128-138
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    • 2022
  • Purpose: This study aimed to identify the factors influencing the wellness of call center employees. Methods: From December 2018 to October 2019, a cross-sectional study was conducted with 155 workers recruited from the call centers in Seoul, South Korea. Data were collected using self-administered questionnaires. The questionnaires were used to measure the following scales: Korean occupational stress scale, emotional labor scale, work-life balance scale and wellness scale. Using the SPSS 26.0 program, the descriptive statistics, independent t-test, ANOVA, correlation analysis, and multiple regression analysis were conducted. Results: The mean score of the wellness level of call center employees was 3.05 out of a maximum of 5.00. More wellness level of call center employees was associated with gender, psychiatric diagnosis, and call characteristics. A multiple regression analysis indicated that the total scores on the wellness scale were predicted by call characteristics, occupational stress and work-life balance, with an explanatory power of 42.2%. Conclusion: Study findings show that it is necessary to promote wellness in call center workers with differentiated strategies according to call characteristics, occupational stress and work-life balance. This implies that it is necessary to understand the call characteristics and patterns of workers and to provide an innovative wellness program tailored to individual characteristics for an effective management of the emotional labor and occupational stress.

A study on the Systems Engineering Management Plan for the High-speed Electric Multiple Unit 400km/h eXperiment (차세대 고속열차를 위한 시스템엔지니어링 관리계획 개발)

  • Lee, Tae-Hyung;Park, Choon-Soo;Kim, Ki-Hwan;Han, Young-Jae;Choi, Sung-Hoon;Kim, Sang-Soo;Han, In-Soo
    • Proceedings of the KIEE Conference
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    • 2008.04c
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    • pp.187-189
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    • 2008
  • The HEMU-400X(High-speed Electric Multiple Unit 400km/h experiment) project starts last fear. It is required to control and balance the systems engineering activities throughout the project life cycle for a successful completion of the project. This paper proposes the systems engineering management plan for the HEMU-400X project.

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Crashing Method for Repetitive Project hybridizing concurrent engineering and LOB (동시공학 및 LOB를 사용한 반복 프로젝트 공기단축 방법론)

  • Min, Gyu-Tae;Lee, Hong-Chu;Li, Xian-Jun;Lee, Dong-Eun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2018.05a
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    • pp.41-42
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    • 2018
  • Various methods that crash the project completion time have been studied. Line-of-Balance (LOB) is well accepted as a useful method that enables steady resource utilization without frequent hire-and-fire of resources for a project having repetitive units. Existing studies involved in LOB-CPM focuses on thesis such as resource leveling and optimization in construction scheduling community. However, crashing methods are not arrived at a full maturity in LOB scheduling, because no one handles steady resource utilization while keeping activity-relationships. This paper proposes a method that crashes project completion time by hybridizing concurrent engineering and LOB scheduling without using additional resources.

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