scholarly journals Study on causes of delay and cost overruns in heritage renovation of Bhaktapur

2018 ◽  
Vol 5 ◽  
pp. 15-22
Author(s):  
Umesh Sukamani ◽  
Hari Mohan Shrestha
Keyword(s):  
Project Management ◽  
Research Design ◽  
Economic Factor ◽  
Cost Overruns ◽  
Managerial Skills ◽  
Material Cost ◽  
The Cost ◽  
The Impact ◽  
Specific Project

A fresh and present look at the performance and delivery of heritage projects is required because few studies have been conducted to explore the specific project management and participant issues that contributed failed elements (time and cost) in heritage projects. The major contribution of this research is in the guidance for improvement to help avoid delays and cost overruns in future heritage renovation projects. Bhaktapur municipality is rich in heritage; here the tourism market is one of the source of economy. Bhaktapur municipality has been selected for this study because many of the heritage renovation projects have been completed each year. Most of heritage renovations have been done with the help of users committee and amanat. Tourism has become an important economic factor for the region. So the heritage renovation is studied with the impact of the delay in the works. The research design for this study is more qualitative than quantitative. The main causes of delay have been found as difficulties in financing projects and poor managerial skills. Similarly, the causes of the cost overruns have been found as material cost increased due to inflation.

Addressing Adoption and Research Design Decisions Simultaneously

2011 ◽  
Vol 31 (6) ◽  
pp. 853-865 ◽  
Author(s):  
Claire McKenna ◽  
Karl Claxton
Keyword(s):  
Research Design ◽  
Resource Constraints ◽  
Design Decisions ◽  
Research Designs ◽  
Adoption Decisions ◽  
Conducting Research ◽  
Research Decision ◽  
The Cost ◽  
The Impact

Methods to estimate the cost-effectiveness of technologies are well developed with increasing experience of their application to inform adoption decisions in a timely way. However, the experience of using similarly explicit methods to inform the associated research decisions is less well developed despite appropriate methods being available with an increasing number of applications in health. The authors demonstrate that evaluation of both adoption and research decisions is feasible within typical time and resource constraints relevant to policy decisions, even in situations in which data are sparse and formal elicitation is required. In addition to demonstrating the application of expected value of sample information (EVSI) in these circumstances, the authors examine and carefully distinguish the impact that the research decision is expected to have on patients while enrolled in the trial, those not enrolled, and once the trial reports. In doing so, the authors are able to account for the range of opportunity cost associated with research and evaluate a number of research designs including length of follow-up and sample size. The authors also explore the implications for research design of conducting research while the technology is approved for widespread use and whether approval should be withheld until research reports. In doing so, the authors highlight the impact of irrecoverable opportunity costs when the initial costs of a technology are compensated only by later gains in health outcome.

scholarly journals Measuring the Project Management Complexity: The Case of Information Technology Projects

Complexity ◽  
2018 ◽  
Vol 2018 ◽  
pp. 1-19 ◽  
Author(s):  
Rocio Poveda-Bautista ◽  
Jose-Antonio Diego-Mas ◽  
Diego Leon-Medina
Keyword(s):  
Project Management ◽  
Assessment Tool ◽  
It Projects ◽  
Information Technology Projects ◽  
Complex Projects ◽  
Management Association ◽  
Project Complexity ◽  
Complexity Assessment ◽  
The Impact ◽  
Specific Project

Complex projects require specific project management (PM) competences development. However, while no complex projects have standards that are recognized to guide their management, complex projects do not have guides to deal with their complexity. To lead complex projects to success, this complexity must be measured quantitatively and, in our opinion, project management complexity assessment should be based on existing PM standards. In this work, the main project complexity assessment approaches based on PM standards are analyzed, observing that International Project Management Association (IPMA) approach is the closest to a tool that can be used as a complexity quantitative measurement system. On the other hand, several authors have shown that the inherent complexity of specific kind of projects must be measured in a particular way. The main objective of this research is to propose a project management complexity assessment tool for IT projects, providing a Complexity Index that measures the impact that complexity factors inherent to IT projects have under a specific complexity scenario. The tool combines the use of complexity factors defined by IPMA approach and the use of complexity factors found in the literature to manage inherent complexity of IT projects. All these factors were validated by expert survey and the tool was applied to a study case.

scholarly journals Play and Learn 3D (PAL3D®) A collaborative Way of Learning Project Management with Minecraft®

2018 ◽  
Vol 11 (2) ◽  
pp. 21
Author(s):  
Claudia Alcelay
Keyword(s):  
Project Management ◽  
Behavioral Models ◽  
Managerial Skills ◽  
Learning Patterns ◽  
Corrective Measures ◽  
Time Requirements ◽  
The Impact

This is an amazing way of learning about Project Management (PM) and developing managerial skills with a team in "extreme" circumstances. Plan you project in teams, calculate budget and time requirements, introduce this data in our App and play Minecraft® in our server. App and server are connected so the student will always know the impact of his/her performance and will introduce corrective measures if required, with consensus with the team. Teachers can analyze their learning patterns and infer behavioral models.

scholarly journals Training Program in the Construction projects

2020 ◽  
Vol 9 (5) ◽  
pp. 515-522
Keyword(s):  
Training Program ◽  
Construction Industry ◽  
Construction Projects ◽  
System Dynamic ◽  
Cost Overruns ◽  
Efficient Performance ◽  
Comprehensive Development ◽  
Unskilled Workers ◽  
The Cost ◽  
The Impact

Construction is questionably a main part in relative to comprehensive development . It plays an important part in the role in the economy as and in people’s survives over influencing and preserving the environment of the city-region’s constructed, and it is a rising sector. To provide an efficient performance and more development of the economic, there is emphases on optimizing the employees contribution to the goals and areas of the governments. The training significance as a management central part has long been documented by principal writers.This paper aim to find the impact of training in the construction industry and how the training is been underestimate lead in increase the cost by using the simulation technique system dynamic. The research methodology include designing of questionnaire that consist of three items , the first item include , general Training (Training Program), evaluation of on-the-job training and evaluation of training after establishing work and the second part include building the model using system dynamic to show the effect of training on the cost of construction. the results the authors made the following conclusions .The absence of training program has very strong effect as the absence of such program is caused by the finance absence , this is common problem with Iraqi construction industry. The most environment of the Iraqi industry is the absence of the finance from both owner and contractor as they ignore this part and consider unnecessary expenses and this will lead to unqualified engineering or worker in the wrong job .The absence of management mean that , usually the contractor and his staff are working without the supervise or represented from the owner side , which some time mean unskilled workers may be hired which lead to delay of the work and cost overruns .

scholarly journals An Innovative Approach to the Development of Project Management Processes for Small-Scale Projects in a Large Engineering Company

2015 ◽  
pp. 123-160 ◽  
Author(s):  
Claude Y. Laporte ◽  
Frédéric Chevalier
Keyword(s):  
Project Management ◽  
Large Scale ◽  
Economic Benefits ◽  
Small Scale ◽  
Cost Overruns ◽  
Medium Scale ◽  
Management Processes ◽  
Engineering Company ◽  
Project Management Processes ◽  
The Cost

A 400-employee Canadian division of a large American engineering company has developed and implemented project management processes for their small-scale and medium-scale projects. The company was already using a robust project management process for their large-scale projects. The objectives of this project were to reduce cost overruns and project delays, standardize practices to facilitate the integration of new managers, increase the level of customer satisfaction and to reduce risk-related planning deviations. For this project, the engineering organization used the ISO/IEC 29110 standards developed specifically for very small entities, i.e. organizations, having up to 25 people. An analysis of the cost and the benefits of the implementation of small and medium scale project management processes was performed using the ISO economic benefits of standard methodology. The engineering enterprise estimated that, over a three-year timeframe, savings of about 780,000$ would be realized due to the implementation of project management processes using the ISO/IEC 29110 standard.

scholarly journals Project Management Issues in IT Offshore Outsourcing

2008 ◽  
pp. 2833-2848
Author(s):  
Kathy Stewart Schwaig ◽  
Stephen H. Gillam ◽  
Elke Leeds
Keyword(s):  
Information Technology ◽  
Project Management ◽  
Cost Savings ◽  
Offshore Outsourcing ◽  
Cost Overruns ◽  
Global Partnerships ◽  
Information Technology Outsourcing ◽  
The Cost ◽  
Management Issues

Global partnerships are forming to take advantage of the cost savings associated with offshoring as well as other strategic benefits. Not all information technology offshoring projects, however, are successful. Cost overruns, increased complexity and defective code cause organizations to rethink their offshoring strategy and their methods for managing these projects. In this paper, project management issues associated with offshore information technology outsourcing projects are identified and specific recommendations for addressing these issues are presented.

scholarly journals Project Management Issues in IT Offshore Outsourcing

2008 ◽  
pp. 142-160
Author(s):  
Kathy S. Schwaig ◽  
Steve Gillam ◽  
Elke Leeds
Keyword(s):  
Information Technology ◽  
Project Management ◽  
Cost Savings ◽  
Offshore Outsourcing ◽  
Cost Overruns ◽  
Global Partnerships ◽  
Information Technology Outsourcing ◽  
The Cost ◽  
Management Issues

Global partnerships are forming to take advantage of the cost savings associated with offshoring as well as other strategic benefits. Not all information technology offshoring projects, however, are successful. Cost overruns, increased complexity and defective code cause organizations to rethink their offshoring strategy and their methods for managing these projects. In this paper, project management issues associated with offshore information technology outsourcing projects are identified and specific recommendations for addressing these issues are presented.

scholarly journals Project Management Issues in IT Offshore Outsourcing

2010 ◽  
pp. 1839-1856
Author(s):  
Kathy Stewart Schwaig ◽  
Elke Leeds ◽  
Stephen H. Gillam
Keyword(s):  
Information Technology ◽  
Project Management ◽  
Cost Savings ◽  
Offshore Outsourcing ◽  
Cost Overruns ◽  
Global Partnerships ◽  
Information Technology Outsourcing ◽  
The Cost ◽  
Management Issues

Global partnerships are forming to take advantage of the cost savings associated with offshoring as well as other strategic benefits. Not all information technology offshoring projects, however, are successful. Cost overruns, increased complexity and defective code cause organizations to rethink their offshoring strategy and their methods for managing these projects. In this paper, project management issues associated with offshore information technology outsourcing projects are identified and specific recommendations for addressing these issues are presented.

scholarly journals Assessment of the Cost and Time Impact of Variation Orders on Construction Projects in Sulaimani Governorate

2021 ◽  
Vol 27 (2) ◽  
pp. 106-125
Author(s):  
Karukh Hassan Mohammad ◽  
Noori Sadiq Ali ◽  
Basira Majeed Najm
Keyword(s):  
Construction Projects ◽  
Descriptive Statistics ◽  
Construction Time ◽  
Project Cost ◽  
Cost Overruns ◽  
Project Costs ◽  
Type Size ◽  
The Cost ◽  
The Impact ◽  
One Way Anova

Variation orders are an on-going phenomenon in construction and industry projects worldwide, particularly in the province of Sulaimani, where the project's damage from cost and schedule overrun because of variation orders. However, the effect on project costs and time overrun of variation order has yet to be identified. This study evaluates the impact of variation orders on the cost and time off in the Sulaimani governorate. Two hundred twenty-eight projects from various construction sectors built between 2007-2012 were adopted to calculate the contract cost and schedule overruns due to variation orders. Data analysis was applied in the study were descriptive statistics. One-way ANOVA was also applied to determine whether the overrun of project cost and schedule significantly varied depending on project type, size, duration, location, and awarded years. The findings indicated that cost overruns are very common due to variation orders. 95.6% of the projects were studied being impacted, and overrun in project cost are also huge, with 16%. Time also overruns more common than cost overruns due to the variation orders. 98.7% of the projects were studied in Sulaimani were affected by time overrun with an average of 46.3% of initial duration observed. Findings also indicated that two out of five parameters measured in the analysis had a significant correlation with project cost overruns. Three out of five considered variables correlated with construction time overruns. 

scholarly journals An Innovative Approach to the Development of Project Management Processes for Small-Scale Projects in a Large Engineering Company

2016 ◽  
pp. 882-919 ◽  
Author(s):  
Claude Y. Laporte ◽  
Frédéric Chevalier
Keyword(s):  
Project Management ◽  
Large Scale ◽  
Economic Benefits ◽  
Small Scale ◽  
Cost Overruns ◽  
Medium Scale ◽  
Management Processes ◽  
Engineering Company ◽  
Project Management Processes ◽  
The Cost

A 400-employee Canadian division of a large American engineering company has developed and implemented project management processes for their small-scale and medium-scale projects. The company was already using a robust project management process for their large-scale projects. The objectives of this project were to reduce cost overruns and project delays, standardize practices to facilitate the integration of new managers, increase the level of customer satisfaction and to reduce risk-related planning deviations. For this project, the engineering organization used the ISO/IEC 29110 standards developed specifically for very small entities, i.e. organizations, having up to 25 people. An analysis of the cost and the benefits of the implementation of small and medium scale project management processes was performed using the ISO economic benefits of standard methodology. The engineering enterprise estimated that, over a three-year timeframe, savings of about 780,000$ would be realized due to the implementation of project management processes using the ISO/IEC 29110 standard.

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