• Title/Summary/Keyword: sustainable performance

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An Exploratory Study of EVMS Environment Factors and their Impact on Cost Performance for Construction and Environmental Projects

  • Aramali, Vartenie;Sanboskani, Hala;G. Edward Jr., Gibson;Asmar, Mounir El
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.170-178
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    • 2022
  • A high-performing Earned Value Management System (EVMS) can influence project success and help stakeholders meet project objectives. Although EVMS processes are well-supported by technical guidelines and standards, project managers often face challenges related to the project culture, team, resources, and business practices that make up the project environment within which an EVMS is being used. A comprehensive literature review revealed a lack of a data-driven and consistent assessment frameworks that can gauge the environment surrounding EVMS implementation. This paper will discuss the EVMS environment of construction and environmental projects, and examine its impact on cost performance. The authors used a multi-method approach to identify 27 environment factors that make up the EVMS environment, assessing them on 18 construction and environmental projects worth over $2 billion of total cost. Research methods employed include: (1) a literature review of more than 300 references; (2) a survey of 294 respondents; and (3) remote research charrettes with more than 60 participating expert practitioners. Culture (one of the identified environment categories) was found to be relatively more important in terms of its impact on the EVMS environment, followed by people, practices, and resources. These exploratory results show statistically significant differences in cost performance between completed projects with either a good or poor environment, for the sample projects. Key environment factors are outlined, and guidance is provided to practitioners around how to set up an effective EVMS environment in a construction or environmental project to inform decision-making and support achieving the project cost objectives successfully.

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Measuring Performance to Engage the Extended Project Team in Construction

  • Bal, Menoka;Bryde, David
    • 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.

A Study on the Inner Window & Floor Materials of Educational Facilities According to the Environmental Variation of Future Education (미래교육 환경변화에 따른 학교시설의 실내 바닥재 및 창호재에 관한 연구)

  • Yoo, Tack-Dong;Cho, Jin-Il;Lee, Ho-Chin
    • The Journal of Sustainable Design and Educational Environment Research
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    • v.3 no.1
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    • pp.46-59
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    • 2003
  • In this study, analyzing class method, curriculum and demand performance of materials and user according to the 7th educational curriculum which, it is surveyed that materials design performance standards of floor and window suitable to future educational environment. Based on this study, It is needed for development of special materials suitable educational facilities, making standards fitting demand, study of variable and special field for educational facilities, study for security of objective data of materials, study of performance evaluation method subdivided, and desirable positive use of intimate environmental materials.

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Does Big Data Analytics Enhance Sustainability and Financial Performance? The Case of ASEAN Banks

  • ALI, Qaisar;SALMAN, Asma;YAACOB, Hakimah;ZAINI, Zaki;ABDULLAH, Rose
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.7
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    • pp.1-13
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    • 2020
  • This study analyzes the key drivers (commitment, integration of big data, green supply chain management, and green human resource practices) of sustainable capabilities and the influence to which these sustainable capabilities impact the banks' environmental and financial performance. Additionally, this study analyzes the impact of green management practices on the integration of big data technology with operations. The theory of dynamic capability was deployed to propose and empirically test the conceptual model. Data was collected through a self-administrated survey questionnaire from 319 participants employed at 35 banks located in six ASEAN countries. The findings indicate that big data analytics strategies have an impact on internal processes and banks' sustainable and financial performance. This study indicates that banks committed towards proper data monitoring of its clients achieve operational efficiency and sustainability goals. Moreover, our results confirm that banks practising green innovation strategies experience better environmental and economic performance as the employees of these banks have received advance green human resource training. Finally, our study found that internal and external green supply chain management practices have a positive impact on banks' environmental and financial performance, which confirms that ASEAN banks contributing in reduction of environmental impact through its operations will ultimately experience increased financial performance.

The Effect of Perceived Organizational Support and Transformational Leadership on Affective Commitment and Employee Performance

  • ASTUTY, Isthofaina;UDIN, Udin
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.401-411
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    • 2020
  • Recognizing the vital role of employees in achieving optimal performance and sustainable competitive advantage as expected, organizations need to facilitate high support for employees, implement appropriate leadership styles, and increase affective commitment within the organization. Therefore, the objective of this study is to analyze and explore: (1) the effect of perceived organizational support (POS) on employee performance and affective commitment; (2) the effect of transformational leadership on employee performance and affective commitment; and (3) the effect of affective commitment on employee performance. The covered population in this study were all employees (including managers, supervisors, and functional staff) who worked in the stone milling companies in Central Java, Indonesia. Data obtained in this study were processed statistically employing structural equation modeling (SEM) with the SmartPLS 3 software package. Based on the data analysis results on 103 respondents, this study concluded that POS had a significant effect on affective commitment and employee performance as well as transformational leadership on affective commitment and employee performance. Furthermore, affective commitment also had a significant effect on employee performance. Thus, the results of this study, theoretically and practically, can be used by all parties concerned to improve employee performance and maintain a sustainable competitive advantage.

Why Tall Buildings? The Potential of Sustainable Technologies in Tall Buildings

  • Elbakheit, Abdel Rahman
    • International Journal of High-Rise Buildings
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    • v.1 no.2
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    • pp.117-123
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    • 2012
  • This paper discusses major strengths of tall buildings that distinguish them as sustainable solutions for the built environment. It sheds light on some of the key attributes of tall buildings as well as materials and technologies that could boost their performance environmentally, economically and technically as well as the natural habitats containing them. Tall buildings are portrait as major successful options for accommodating the ever increasing urban world population, with little negative impact on ecologies and environmental habitats worldwide. The role of tall buildings as 'vertical garden sub-cities' mitigating modern city problems of 'urban heat islands' and sprawling cities is explored. A few building examples as well as city developments are presented which represent the new generation of sustainable tall buildings that are setting trends for future projects incorporating innovations in materials and building systems and designs.

A Study of Object Recognition for the Efficient Management of Construction Equipment

  • Hyeok-Jun Ryu;Suk-Won Lee;Ju-Hyung Kim;Jae-Jun Kim
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.587-591
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    • 2013
  • Measuring the process of construction operations for productivity improvement remains a difficult task for most construction companies due to the manual effort required in most activity measurement methods. There are many ways to measuring the process. But past measurement methods was inefficient. Because they needed a lot of manpower and time. So, this article focus on the vision-based object recognition and tracking methods for automated construction. These methods have the advantage of efficient that human intervention was reduced. Therefore, this article is analyzed the performance of vision-based methods in the construction sites and is expected to contribute to selection of vision-based methods.

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Systems Thinking Perspective on the Sustainable Growth Strategy of Hedge Funds Market

  • Kim, Tae-Hyun;Chung, Sam-Young;Eom, Jae-Gun
    • Korean System Dynamics Review
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    • v.17 no.3
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    • pp.91-120
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    • 2016
  • This study explores hedge fund characteristics that affect hedge fund performance, namely, fund size, fund age, and performance fee. Previous studies have examined relationships between hedge fund characteristics and fund performance using singular and static thinking to report inconsistent findings without providing full understanding of the causal relationships among variables. To identify that comprehensive causal relationships between hedge fund characteristics and hedge fund performance, this research applies the system dynamics perspective, which allowed demonstration of the interactions within the overall system beyond the singular causal relationships between hedge fund characteristics and performance found in existing traditional research. This study contributes to existing literature in the following ways. First, it overcomes the limitations of singular research methodologies by looking at the integrated system of hedge fund characteristics and fund performance from a bird's eye view based on their dynamic feedback relationships. Second, policy suggestions in terms of regulation and education are presented as growth strategies for the sustainable development of the Korean hedge fund market.

Modelling a Stand-Alone Inverter and Comparing the Power Quality of the National Grid with Off-Grid System

  • Algaddafi, Ali;Brown, Neil;Rupert, Gammon;Al-Shahrani, Jubran
    • IEIE Transactions on Smart Processing and Computing
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    • v.5 no.1
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    • pp.35-42
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    • 2016
  • Developments in power electronics have enabled the widespread application of Pulse Width Modulation (PWM) inverters, notably for connecting renewable systems to the grid. This study demonstrates that a high-quality power can be achieved using a stand-alone inverter, whereby the comparison between the power quality of the stand-alone inverter with battery storage (off-grid) and the power quality of the utility network is presented. Multi-loop control techniques for a single phase stand-alone inverter are used. A capacitor current control is used to give active damping and enhance the transient and steady state inverter performance. A capacitor current control is cheaper than the inductor current control, where a small current sensing resistor is used. The output voltage control is used to improve the system performance and also control the output voltage. The inner control loop uses a proportional gain current controller and the outer loop is implemented using internal model control proportional-integral-derivative to ensure stability. The optimal controls are achieved by using the Sisotool tool in MATLAB/Simulink. The outcome of the control scheme of the numerical model of the stand-alone inverter has a smooth and good dynamic performance, but also a strong robustness to load variations. The numerical model of the stand-alone inverter and its power quality are presented, and the power quality is shown to meet the IEEE 519-2014. Furthermore, the power quality of the off-grid system is measured experimentally and compared with the grid power, showing power quality of off-grid system to be better than that of the utility network.

Development of Causal Map for Sustainable Transportation Facilities Using System Dynamics (시스템 다이내믹스를 이용한 지속가능한 교통시설 인과지도 개발)

  • Bae, Jin Hee;Park, Hee-Sung
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.35 no.4
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    • pp.953-959
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    • 2015
  • The global warming caused by consumption of fossil fuel and energy has been interested. Therefore, several policies and regulations have been discussed to reduce greenhouse gas emission and effective energy consumption. The construction industry that takes 45% of energy consumption makes efforts to develop green construction methods and materials and reuseable energy. However, there is no common definition to calculate greenhouse gas and database in the construction industry. Especially, transportation infrastructure like road, railway, harbor, and airport consumes 21% energy of construction facilities. Therefore, this paper develops the causal relationship to define performance of sustainable road construction and maintenance. The performance indices are grouped into economic, social, and envirionmental impacts. Then, the causal map is developed based on survey results of construction experts. This will provide the baseline to evaluate the performance of sustainable construction and to establish the objective goals.