The Effect of Project Management on Long-term Project Performance: Forecasting Construction Engineering Industry

2021 ◽  
Vol 32 (4) ◽  
pp. 479-497
Author(s):  
Heon chang Lee ◽  
Seung-chul Kim ◽  
Sohyun Park
2014 ◽  
Vol 6 (2) ◽  
pp. 67-82 ◽  
Author(s):  
Iwona Łapuńka ◽  
Iwona Pisz

Abstract Contemporary organizations run their activities in an environment, which might be defined as fully uncertain and turbulent. Due to variations that occur in the surrounding environment, an increased attention of management practitioners and theoreticians is paid to new management concepts frequently in an integrated version. The authors express a deep belief that consolidation of approaches to project management and knowledge management constitutes a response to challenge for modern organizations. Research into the issue was based on an attempt to determine significance of the knowledge management issue in a life of projects performed by Polish small and medium-sized enterprises (SMEs). Systemizing of desired knowledge management results in a project, from the point of view of its crucial success factors, is essentially substantiated in providing success of projects performed. Preliminary research included SMEs in construction engineering industry. The enterprises perform project- driven orders or apply a project approach in economic activities that they execute. Research conducted by the authors so far, implies, that the SME sector is characterized by a particularly low efficiency in project management. Hypothetic assumptions indicate that one of the main reasons of reaching an unsatisfactory level of project proficiency shaped mainly by processes of synchronizing and coordination of project activities, is an insufficient level of development of social, organization and technological systems and methods of capitalization, as well as transmission of useful project management knowledge. Essential function is performed by a group of selected respondents - 25 enterprises from the group of SMEs, including 5 micro enterprises, 12 small enterprises, and 8 medium-sized enterprises. Analyses performed so far, take into consideration the economic situation of SMEs in Poland.


2020 ◽  
Vol 51 (6) ◽  
pp. 670-684 ◽  
Author(s):  
Rodney Turner

Research on the governance of project management suggests governmentality and governance are associated with improved project performance. However, the mechanism is unknown. We propose that they influence decision making, which, in turn, improves performance. Few articles on governance comment directly on how governance influences decision making. We identify six areas of organizational psychology that influence decision making, and study what research on the governance of project management suggests about how governance influences those six areas. We review 36 articles on the governance of project management published in the past six years in the three main journals in project management.


2020 ◽  
pp. 1-12
Author(s):  
Chen Guang

Artificial intelligence technology has been widely used in all aspects of our life. Similarly, the application of artificial intelligence in the field of construction engineering is a necessary trend in the development of engineering industry, especially in the traditional construction engineering department. Under the background of the times, from the perspective of knowledge, artificial intelligence technology has appeared a huge development, which may have an impact on the employment of Chinese labor force, may create new jobs, or replace traditional jobs. This effect on employment is essential. From the perspective of machine learning and artificial intelligence, this paper reviews the transformation prospects of engineering industry and the development of agricultural industry in construction industry, and examines the intellectual transformation of individual human capital in Chinese labor force.


2021 ◽  
Vol 13 (11) ◽  
pp. 6347
Author(s):  
Marco Nunes ◽  
António Abreu ◽  
Célia Saraiva

Projects are considered crucial building blocks whereby organizations execute and implement their short-, mid-, and long-term strategic visions. Projects are thought, developed, and implemented to solve problems, drive change, satisfy unique needs, add value, and exploit opportunities, just to name a few objectives. Although existing project management tools and techniques aim to deliver projects with success, according to the latest reviewed literature, projects still keep failing at an impressive pace. Among the extensive list of factors that may threaten project success, several articles from the research literature place particular importance on a still underexplored factor that may strongly lead to unsuccessful project delivery. This factor—usually known as corporate behavioral risks—usually emerges and evolves as organizations work together to deliver projects across a bounded period of time, and is characterized by the mix of formal and informal dynamic interactions between the different stakeholders that constitute the different organizations. Furthermore, several articles from the research literature also point out the lack of proper models to efficiently manage corporate behavioral risks as one of the major factors that may lead to projects failing. To efficiently identify and measure how such corporate behaviors may contribute to a project’s outcomes (success or failure), a heuristic model is proposed in this work, developed based on four fundamental fields ((1) project management, (2) risk management, (3) corporate behavior, and (4) social network analysis), to quantitatively analyze four critical project social networks ((1) communication, (2) problem-solving, (3) advice, and (4) trust), by applying the theory of social network analysis (SNA). The proposed model in this work is supported with a case study to illustrate its implementation and application across a project lifecycle, and how organizations can benefit from its application.


Innovar ◽  
2015 ◽  
Vol 25 (56) ◽  
pp. 53-67 ◽  
Author(s):  
Maricela I. Montes-Guerra ◽  
Aida R. De-Miguel ◽  
M. Amaya Pérez-Ezcurdia ◽  
Faustino N. Gimena ◽  
H. Mauricio Díez-Silva

This article analyzes the adoption of project management practices in development cooperation NGOs and their influence on project performance. This paper illustrates the impact in the implementation of methodologies, techniques and tools on outcomes, measured by success criteria of several projects recently implemented. Information from the project managers of the organizations was collected, and complemented by a literature review. We analyzed the correlation among the variables that determine the adoption of a project, and the criteria that determine its success. The positive effect of project management adoption in the performance of cooperation projects is demonstrated, in spite of the low use of methodologies, techniques and tools within the sector. The article shows the importance of project management in cooperation and aid projects, with the purpose of increasing researchers' awareness about the field as applicable knowledge and about the benefits of its use in the sector. The paper shows that project management can improve project efficiency and accountability in other sectors.


2005 ◽  
Vol 4 (1-2) ◽  
pp. 27-32 ◽  
Author(s):  
Colin A Sharp

The use of Capability Maturity Models in financial management, project management, people management and information systems management in a wide variety of organisations indicates the potential for an Organisational Evaluation Capability Hierarchy to guide the self-diagnosis of organisations in building their evaluation maturity. This paper is about the theory behind this growing trend in organisational governance and organisational diagnosis, and explores its relevance to evaluation theory and practice. This theoretical analysis may have long-term practical benefits for evaluation practitioners, as is being developed in the fields of project management, financial management, and people management in a wide range of organisations.


2021 ◽  
Vol 39 (7) ◽  
Author(s):  
Svitlana Bondarenko ◽  
Halyna Tkachuk ◽  
Iryna Klochan ◽  
Andrey Mokhnenko ◽  
Iryna Liganenko ◽  
...  

The purpose of this study is formation of tools for forecasting the economic security of the enterprise by modeling methods when changing investment support. The relevance of this study is due to the need to solve the problem of modernization management system of the enterprise by implementing the project management of economic security of the enterprise in the implementation of investment programs.The variant of model offered economic security of the enterprise. This model involves the implementation of the process of adaptive management, based on the definition of safe limits of longterm growth of the enterprise. It has established that the ratio of self-organization processes and managerial influences depends on the value of the self-organization coefficient. The calculated value of adaptive potential on the basis of the indicator of self-organization as the dynamic indicator of maintenance of perspective growth of the enterprise on the allocated purposes has offered. This indicator can serve as a criterion for assessing the effectiveness of the management system of the enterprise in relation to the project management of economic security of the enterprise in the implementation of investment programs of key goals of long-term growth of the enterprise.


2018 ◽  
Vol 47 (2) ◽  
pp. 72-81
Author(s):  
Mgr inż. Tomasz Łopaciński

Innovative products and services are essential to ensure a long-term viability of a company. More and more often they are created and implemented through innovative projects. The aim of the article is to show the uniqueness of innovative projects, present the risk that is specific to this kind of projects and indicate the methods with which these projects should be managed. The article analyses the features of innovations, presents the definition of an innovative project and discusses its classification and management principles. Moreover, it presents seven areas of risks specific to an innovative project, developed on the basis of articles published in “Project Management Journal” in the years 2005-2016 and other selected publications.


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