An Approach Based on Bayesian Network for Improving Project Management Maturity: An Application to Reduce Cost Overrun Risks in Engineering Projects

2020 ◽  
Vol 119 ◽  
pp. 103227 ◽  
Author(s):  
Felipe Sanchez ◽  
Eric Bonjour ◽  
Jean-Pierre Micaelli ◽  
Davy Monticolo
Keyword(s):  
Project Management ◽  
Bayesian Network ◽  
Cost Overrun ◽  
Engineering Projects

The Engineering Project as Story and Narrative

2012 ◽  
pp. 159-170 ◽  
Author(s):  
Lars Bo Henriksen
Keyword(s):  
Project Management ◽  
Working Life ◽  
Engineering Project ◽  
Management Tools ◽  
Engineering Projects

Engineers most often organise their work in projects and consequently project management becomes an essential part of an engineer’s work and working life in general. Even if most engineers are trained in project management, it seems that this is a challenge to most engineers. It also seems that the traditional project management tools are not always sufficient when it comes to managing engineering projects. In this chapter, an engineering project is examined, and it turns out that the language, the stories, and the narratives connected to the project is of greater importance to the engineers than the formal project management tools that were offered to the engineers. It also turns out that the term “project” could itself be a problem when it comes to fulfilling the project goals. Therefore, it is concluded that when working on engineering projects, language, stories, and narratives are just as important to the engineers as any other element in the project.

scholarly journals Inter-organizational collaboration challenges and preconditions in industrial engineering projects

2020 ◽  
Vol 13 (5) ◽  
pp. 999-1023
Author(s):  
Laura Saukko ◽  
Kirsi Aaltonen ◽  
Harri Haapasalo
Keyword(s):  
Project Management ◽  
Empirical Data ◽  
Management Practices ◽  
Industrial Engineering ◽  
Engineering Project ◽  
Collaborative Project ◽  
Content Type ◽  
Organizational Collaboration ◽  
Collaborative Project Management ◽  
Engineering Projects

PurposeThe purpose of this paper is to achieve an understanding of the challenges and preconditions for inter-organizational collaborative project practices in industrial engineering projects. A framework for identifying the challenges and preconditions for inter-organizational collaboration is presented.Design/methodology/approachThe adopted research method is qualitative, and empirical data were collected from the industrial engineering project sector in Finland. The literature related to industrial engineering projects and inter-organizational collaborative project management practices is summarized, informing the qualitative design of the study.FindingsBy analyzing empirical data from industrial engineering projects, the challenges for inter-organizational collaboration are identified in each industrial engineering project stage. A framework of preconditions for inter-organizational collaboration is identified, in which investors are advised to pay attention when deciding on the use of collaborative project management methods.Practical implicationsThe findings of this study help practitioners deal effectively with mechanisms aimed at fostering and hindering inter-organizational collaborative practices. The identified preconditions for inter-organizational collaboration provide support for decision-making in every phase of an engineering project and can be used as guidelines throughout the process.Originality/valueInter-organizational collaborative project management practices have recently been attracting attention in the industrial engineering project setting. This research is an attempt to identify the underlying forces supporting and preventing inter-organizational collaboration in industrial engineering projects. This study offers a framework that can help academics and project management practitioners deal with the challenges affecting inter-organizational collaboration at each project stage and consider preconditions for inter-organizational collaboration in industrial engineering project settings.

Implementation Mode of Industrial Engineering Projects Based on Project Management

2012 ◽  
Vol 433-440 ◽  
pp. 1660-1665
Author(s):  
Hang Liu
Keyword(s):  
Project Management ◽  
Point Of View ◽  
Industrial Engineering ◽  
Practical Application ◽  
Application System ◽  
Application Point ◽  
Body Of Knowledge ◽  
The Subject ◽  
Engineering Projects ◽  
Investigation And Study

Since the Industrial Engineering (IE) was introduced to China, people have already had much understanding of this cross discipline, and IE has been successfully popularized and applied in some enterprises. In such circumstances, a task we face is to systematically and comprehensively develop a theory and application system of IE from the subject development and practical application point of view, and the industrial engineering body of knowledge is established based on such a need. In this paper, on the basis of investigation and study on the domestic and foreign relevant studies, it establishes the industrial engineering body of knowledge, and proposes the implementation mode of IE projects based on project management, providing a certain reference role in the discipline development of IE and the implementation of IE in enterprises.

scholarly journals Impact of Construction Project Execution with and without Project Management Software

2019 ◽  
Vol 9 (1S3) ◽  
pp. 157-164
Keyword(s):  
Resource Allocation ◽  
Project Management ◽  
Cash Flow ◽  
Construction Projects ◽  
The Other ◽  
Cost Overrun ◽  
Time Schedule ◽  
Resource Poor ◽  
Experimental Project ◽  
Future Work

The delay of work is common in construction projects. Delay has a major impact on time and cost overrun. Project management helps to avoid or minimize delays in future work. Here in this paper, two private residential apartments are considered for evaluation. One project has been executed using software and the second project has no such process. The first project prepared with time schedule, resource allocation and levelling, estimation, billing and cash flow all the details using the software tools helps to execute the project with more profit and less delay in work execution whereas the other experimental project is not having plan, same less resource, poor execution leads to heavy loss and more stress to the builder.

scholarly journals Overcoming the Impact of COVID-19 Using Integrated Project Delivery Model

2020 ◽  
Author(s):  
Ramya G
Keyword(s):  
Project Management ◽  
Cost Minimization ◽  
Facility Management ◽  
Value Engineering ◽  
Project Delivery ◽  
Cost Overrun ◽  
Early Completion ◽  
Delivery Model ◽  
The Impact ◽  
Research Studies

Abstract Value engineering is a systematic approach, widely used to optimize the design or process or product in the designing stage. It used to achieve the client's obligation by increasing the functionality and attain the targeted cost in the cost planning. Value engineering effectiveness and benefits decrease along with the progress of the project since the change in the scope of the work and design will account for more cost all along the lifecycle of the project. Integrating the value engineering with other project management activities will promote cost minimization, client satisfaction, and ensure early completion of the project in time. Previous research studies suggested that value engineering can integrate with other project delivery activities, but research studies unable to frame a model that collaborates the project management activities with the job plan of value engineering approach. Analysing various project management activities and their synergy between each other have studied. The project management activities and processes like a)risk analysis b)lifecycle cost analysis c)lean construction d)facility management e)Building information modelling f)Contract administration, collaborated, and project delivery model planned along with the Royal Institute of British Architects (RIBA ) plan of work. The key outcome of the research is a value-driven project delivery model, which will succeed in dealing with the economic impact, constraints and conflicts arise due to the COVID-19 outbreak in the Indian construction sector. Benefits associated with the structured framework is construction project delivery that ensures early contractor involvement, mutual risk sharing, and reviving the project with a cost overrun and delay back on track, discussed in the research

scholarly journals Research on Multi-objective Optimization of Substation Project Management Based on Resource Constraint

2021 ◽  
Vol 261 ◽  
pp. 01055
Author(s):  
Xichu Zhou ◽  
Li Sun ◽  
Sixia Fan ◽  
Bin Wu
Keyword(s):  
Project Management ◽  
Resource Constraints ◽  
Rapid Development ◽  
Multi Objective Optimization ◽  
Gradual Improvement ◽  
Project Duration ◽  
Multi Objective ◽  
Optimal Resource ◽  
Electricity Load ◽  
Engineering Projects

With the rapid development of China’s economy, the electricity load continues to increase, the national demand for power engineering projects is also increasing.In the context of the gradual improvement of national requirements for substation projects, decision makers no longer only consider the optimal standards of project duration, cost and quality, but also the resources consumed in the construction and the degree of impact on the environment are important criteria for judging projects.However, in order to be environment-friendly and based on resource constraints, the project management of substation projects is becoming more and more complicated.In this paper, resource factors are added on the basis of the three classical indexes, and the optimal resource allocation of the project is realized under the condition of minimizing the adverse impact on the environment. The feasibility scheme of multi-objective optimization is obtained through particle swarm optimization algorithm.

The Engineering Project as Story and Narrative

2013 ◽  
pp. 854-865
Author(s):  
Lars Bo Henriksen
Keyword(s):  
Project Management ◽  
Working Life ◽  
Engineering Project ◽  
Management Tools ◽  
Engineering Projects

Engineers most often organise their work in projects and consequently project management becomes an essential part of an engineer’s work and working life in general. Even if most engineers are trained in project management, it seems that this is a challenge to most engineers. It also seems that the traditional project management tools are not always sufficient when it comes to managing engineering projects. In this chapter, an engineering project is examined, and it turns out that the language, the stories, and the narratives connected to the project is of greater importance to the engineers than the formal project management tools that were offered to the engineers. It also turns out that the term “project” could itself be a problem when it comes to fulfilling the project goals. Therefore, it is concluded that when working on engineering projects, language, stories, and narratives are just as important to the engineers as any other element in the project.

Information Integrated Management of Large-Scale Chemical Engineering Projects Based on Owner

2011 ◽  
Vol 327 ◽  
pp. 203-209
Author(s):  
Xia Jie Jin ◽  
Cai Xing Lin
Keyword(s):  
Project Management ◽  
Information Integration ◽  
Large Scale ◽  
Chemical Engineering ◽  
Integrated Management ◽  
Engineering Project ◽  
Integrated Management System ◽  
Integrate Management ◽  
Engineering Project Management ◽  
Engineering Projects

As an important content of engineering project management, information integrated management system is a public service platform of the whole system integrate management. In some way, the engineering project management is equal to project information management. Under the theory of information integration, this paper analysis the important role of the owner in the information integrated management, and puts forward the large-scale chemical engineering project information integrated management should take the owner as main integrator and controller. Then, This paper research on the basic conditions for chemical engineering project information integration, Based on this, it build up three layers information integrated management system of large-scale chemical engineering projects based on owner; and analysis and researched the construction and implemented methods of data storage layer 、data managed and shared layer、application layer. Providing a mind of constructive about information integrate management of chemical engineering projects.

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