Incentive contracting as a project management tool

1986 ◽  
Vol 4 (1) ◽  
pp. 34-39 ◽  
Author(s):  
H.J. Herten ◽  
W.A.R. Peeters
Keyword(s):  
Project Management ◽  
Management Tool ◽  
Incentive Contracting

scholarly journals A Practical Experience on the Amazon Alexa Integration in Smart Offices

Sensors ◽  
2021 ◽  
Vol 21 (3) ◽  
pp. 734
Author(s):  
Răzvan Bogdan ◽  
Alin Tatu ◽  
Mihaela Marcella Crisan-Vida ◽  
Mircea Popa ◽  
Lăcrămioara Stoicu-Tivadar
Keyword(s):  
Project Management ◽  
New Technologies ◽  
Practical Experience ◽  
Working Environment ◽  
Management Tool ◽  
Task Completion ◽  
Test Cases ◽  
Business World ◽  
Office Environment ◽  
The Voice

Smart offices are dynamically evolving spaces meant to enhance employees’ efficiency, but also to create a healthy and proactive working environment. In a competitive business world, the challenge of providing a balance between the efficiency and wellbeing of employees may be supported with new technologies. This paper presents the work undertaken to build the architecture needed to integrate voice assistants into smart offices in order to support employees in their daily activities, like ambient control, attendance system and reporting, but also interacting with project management services used for planning, issue tracking, and reporting. Our research tries to understand what are the most accepted tasks to be performed with the help of voice assistants in a smart office environment, by analyzing the system based on task completion and sentiment analysis. For the experimental setup, different test cases were developed in order to interact with the office environment formed by specific devices, as well as with the project management tool tasks. The obtained results demonstrated that the interaction with the voice assistant is reasonable, especially for easy and moderate utterances.

scholarly journals Integration of Mixed-Integer Nonlinear Program and Project Management Tool to Support Sustainable Cost-Optimal Construction Scheduling

2021 ◽  
Vol 13 (21) ◽  
pp. 12173
Author(s):  
Borna Dasović ◽  
Uroš Klanšek
Keyword(s):  
Project Management ◽  
Optimal Schedule ◽  
Indirect Costs ◽  
Management Tool ◽  
Mixed Integer ◽  
Task Completion ◽  
Nonlinear Program ◽  
Project Schedule ◽  
Construction Scheduling ◽  
Optimal Construction

This paper presents the integration of mixed-integer nonlinear program (MINLP) and project management tool (PMT) to support sustainable cost-optimal construction scheduling. An integrated structure of a high-level system for exact optimization and PMT was created. To ensure data compatibility between the optimization system and PMT and to automate the process of obtaining a cost-optimal schedule, a data transformation tool (DTT) was developed within a spreadsheet application. The suggested system can determine: (i) an optimal project schedule with associated network diagram and Gantt chart in continuous or discrete time units; (ii) optimal critical and non-critical activities, including their early start, late start, early finish, late finish along with total and free slack times; and (iii) minimum total project cost along with the allocation of direct and indirect costs. The system provides functionalities such as: (i) MINLP can be updated, and schedules can be re-optimized; (ii) the optimal schedule can be saved as a baseline to track changes; (iii) different optimization algorithms can be engaged whereby switching between them does not require model changes; (iv) PMT can be used to track task completion in the optimized schedule; (v) calendar settings can be changed; and (vi) visual reports can be generated to support efficient project management. Results of cost-optimal project scheduling are given in a conventional PMT environment, which raises the possibility that the proposed system will be more widely used in practice. Integration of MINLP and PMT allows each software to be used for what it was initially designed. Their combination leads to additional information and features of optimized construction schedules that would be significantly more difficult to achieve if used separately. Application examples are given in the paper to show the advantages of the proposed approach.

scholarly journals Influence of Project Approach Implementation on the Occurrence and Perception of Crises in Agricultural Enterprises in the Czech Republic

2017 ◽  
Vol 65 (3) ◽  
pp. 1039-1044
Author(s):  
Petr Řehoř ◽  
Jaroslav Vrchota
Keyword(s):  
Czech Republic ◽  
Project Management ◽  
Corporate Strategy ◽  
Average Rate ◽  
Management Tool ◽  
Primary Data ◽  
Project Approach ◽  
The Czech Republic ◽  
Agricultural Enterprises ◽  
Questionnaire Method

Project management is one of the most important management tool in many enterprises. Agricultural enterprises with project management are able to foresee their future. Their managers are able to identify upcoming problems earlier and get ready to them in advance. Crisis is seen as a phenomenon more common than rare and it is therefore essential that the enterprises respond by reflecting the aspects and impacts of the crisis in their corporate strategy, and the managers learn to manage crises effectively. The paper deals with a single research of the management of small and medium‑sized enterprises in the Czech Republic. It is focused on the use of projects in farm management and evaluation of the significance of the crisis managers of these enterprises. Only about 15 % of enterprises manage its organization by projects. The crisis occurs in all organizations, in varying degrees and intensity. Most often agricultural enterprises are faced with a crisis caused by the change in legislation and bureaucracy. The importance of a crisis was evaluated by the managers with an average rate of 3.6 (where 5 was the highest). The questionnaire method was used for primary data collection. The limitation of the paper covers areas such the sample (34 enterprises), methodology and data.

A&D High Tech (A): Managing Projects for Success

2017 ◽  
pp. 1-20
Author(s):  
Mark Jeffery ◽  
Derek Yung ◽  
Alex Gershbeyn
Keyword(s):  
Project Management ◽  
Software Tools ◽  
Management Tool ◽  
High Tech ◽  
Planning Stage ◽  
Management Software ◽  
Management Intervention ◽  
Proactive Management ◽  
Project Plan ◽  
Project Management Software

The case is based on a real $25 million project at a major U.S.-based computer manufacturer. For confidentiality reasons the company has been disguised as A&D High Tech. The Web-based online ordering system project is required by sales and marketing for the fall holiday season. If the project misses this window, the firm will lose substantial market share to competitors. The A&D High Tech case examines how to create and analyze a project plan in Microsoft Project. Specifically, data is given to build the project plan step-by-step and then analyze the plan using the Microsoft project management tool. In order to make the case manageable for students we reduced the size of the project, and corresponding number of resources, to approximately $1 million, but retained all of the features of the original project. The project plan that students construct from the data given in the case is fraught with risks, and students must apply risk management techniques to diagnose the plan. Ultimately, students must answer the management question: Will the project be completed for the holiday shopping season? This case is the first in a series; the second is the case entitled “A&D High Tech (B): Managing Scope Change.” The case can also be taught using other project management software tools, such as Primavera.The case teaches students how to build a project plan in Microsoft Project (or other project management software tools). More important, the case teaches prospective executives how to analyze a project plan and identify risks of the plan, and define strategies to mitigate these risks. Students learn that in the planning stage of any project the risks are highest, but this is the best opportunity for proactive management intervention.

SELECTION APPROPRIATE PROJECT MANAGEMENT TOOL FOR ADVANCED ORGANIZATION

2012 ◽  
Vol 17 (2) ◽  
Author(s):  
Kristina Zdanytė ◽  
Bronius Neverauskas
Keyword(s):  
Project Management ◽  
Management Tool

scholarly journals PROJECT PERFORMANCE MONITORING METHODS USED IN MALAYSIA AND PERSPECTIVES OF INTRODUCING EVA AS A STANDARD APPROACH / MALAIZIJOJE NAUDOJAMI PROJEKTŲ EFEKTYVUMO STEBĖJIMO METODAI IR GALIMYBĖS EVA NAUDOTI KAIP STANDARTINĘ METODIKĄ

2011 ◽  
Vol 17 (3) ◽  
pp. 445-455 ◽  
Author(s):  
Hamzah Abdul-Rahman ◽  
Chen Wang ◽  
Norjuma’ah Binti Muhammad
Keyword(s):  
Project Management ◽  
Manufacturing Industry ◽  
Structured Interview ◽  
Project Performance ◽  
Management Tool ◽  
Stochastic Methods ◽  
Earned Value ◽  
Value Analysis ◽  
Earned Value Analysis ◽  
Qualitative Approaches

Earned value analysis (EVA) is a well-known project management tool for monitoring and forecasting the project performance such as time and cost. Despite the benefits found in the manufacturing industry, EVA has not been widely implemented in the Malaysian construction industry. This study is aimed to determine the advantages of EVA over other project control methods, to determine the suitability of implementing EVA in construction projects, and to develop a working flowchart as a guide in implementing EVA. Accordingly, qualitative approaches including the structured interview survey and the flowchart development were employed in this study. Findings reveal that comparing to stochastic methods, Fuzzy logic model, and miscellaneous methods, the EVA has remarkable advantages in accuracy, flexibility, and adaptability for complexity. Malaysian government has decided to implement EVA to enhance the level of project management for the whole country. Hence, an EVA working flowchart was developed by the authors, through which more de- tailed project status could be monitored and more accurate future performance of the project could be forecasted. Santrauka Uždirbtos vertės analizė (UVA, angl. Earned Value Analysis, EVA) – paplitęs projektų valdymo įrankis, skirtas projekto efektyvumui, pavyzdžiui, laikui ir sąnaudoms, stebėti ir prognozuoti. Nors UVA nauda gamybos sektoriuje akivaizdi, Malaizijos statybų sektoriuje ji nėra plačiai taikoma. Šiuo tyrimu siekiama nustatyti UVA pranašumus prieš kitus projektų kontrolės metodus, nustatyti UVA tinkamumą statybų projektams ir sukurti darbinę srautų diagramą, kuri padėtų diegiant UVA. Taigi tyrime taikyti kokybiniai metodai, įskaitant apklausą, naudojant nustatytos struktūros pokalbius, ir srautų diagramos kūrimą. Išvados rodo, kad tikslumu, lankstumu ir pritaikymu sudėtingiems atvejams UVA yra gerokai prana- šesnė už stochastinius metodus, neraiškiosios logikos modelį ir įvairius kitus metodus. Malaizijos Vyriausybė nutarė įdiegti UVA, taip pagerindama projektų valdymą visoje šalyje. Dėl to autoriai sukūrė darbinę UVA srautų diagramą, kuri leidžia stebėti smulkesnius projekto būsenos aspektus ir tiksliau prognozuoti projekto efektyvumą ateityje.

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