scholarly journals Developing a cost normalization framework for phase-based performance assessment of construction projects

2016 ◽  
Vol 43 (12) ◽  
pp. 1075-1086 ◽  
Author(s):  
Jiyong Choi ◽  
Sungmin Yun ◽  
Daniel P. de Oliveira
Keyword(s):  
Performance Assessment ◽  
Cost Estimation ◽  
Construction Projects ◽  
Capital Projects ◽  
Ex Post ◽  
Ex Post Facto ◽  
Effective Cost ◽  
And Performance ◽  
Normalization Process ◽  
Currency Conversion

Capital project benchmarking requires an effective cost normalization process to achieve reasonable comparisons of cost-related performance for projects that are executed at different times and locations. Traditionally, cost normalization approaches were developed for ex post facto analysis of project performance and assume that all required information is fully available from a completed project. However, practitioners have expressed the need for cost normalization techniques to evaluate phase-level outcomes during ongoing projects. This paper aims to provide a cost normalization framework tailored to phase-based performance assessment. The framework involves three main steps: currency conversion, location adjustment, and time adjustment with considerations for various scenarios where the required information is not fully available. Case studies are conducted to demonstrate how the proposed cost normalization framework has been applied to phase-based performance assessment for capital projects. The proposed framework can benefit both researchers and industrial professionals interested in cost estimation, feasibility analysis, and performance assessment.

scholarly journals PERAN MOTIVASI DAN KINERJA PENYULUH PERTANIAN DALAM MENGUBAH PERILAKU PETANI JAGUNG

2018 ◽  
Vol 14 (3) ◽  
pp. 225
Author(s):  
Mohamad Ikbalbahua
Keyword(s):  
Agricultural Extension ◽  
Coefficient Of Determination ◽  
Influence Coefficient ◽  
Performance Impact ◽  
Ex Post ◽  
Ex Post Facto ◽  
Farmer Behavior ◽  
And Performance ◽  
The Impact

The purpose of this study are: (1) identify the influence of competence that can improve the performance of agricultural extension in the development of maize farming, (2) examine the influence of competence and performance of agricultural extension on the behavior of corn farmers, and (3) analysis the impact of extension performance agriculture corn farmers on changing behaviors. Research conducted in Gorontalo Province in Maret until Juni 2018. The study was "ex post facto," The smallest unit of observation is the agricultural extension numbering 118 persons. Data collected through interviews using a questionnaire. Data were analyzed using LISREL 8.30 SEM program. Results showed the influence of competence on the performance of agricultural extension is influenced by the dimensions of Capacity building and needs affiliated. Variable motivation of extension agents indirect influence on corn farmers' behavior changes, while the performance of agricultural extension through the dimensions of quality of appreciation of cultural diversity and quality of management information direct impact on farmer behavior with the influence coefficient of 0.83 unit. Impact of agricultural extension agent performance impact on changing behaviors through a dimension of competence corn farmers and farmers with farmer participation coefficient of determination (R2) equal to 69 percent.

Real-Time On-Line Performance Diagnostics of Heavy-Duty Industrial Gas Turbines

2002 ◽  
Vol 124 (4) ◽  
pp. 910-921 ◽  
Author(s):  
S. C. Gu¨len ◽  
P. R. Griffin ◽  
S. Paolucci
Keyword(s):  
Real Time ◽  
Gas Turbines ◽  
Performance Monitoring ◽  
Engine Performance ◽  
Combined Cycle ◽  
Ex Post ◽  
Ex Post Facto ◽  
Industrial Gas Turbines ◽  
On Line ◽  
And Performance

This paper describes the results of real-time, on-line performance monitoring of two gas turbines over a period of five months in 1997. A commercially available software system is installed to monitor, analyze and store measurements obtained from the plant’s distributed control system. The software is installed in a combined-cycle, cogeneration power plant, located in Massachusetts, USA, with two Frame 7EA gas turbines in Apr. 1997. Vendor’s information such as correction and part load performance curves are utilized to calculate expected engine performance and compare it with measurements. In addition to monitoring the general condition and performance of the gas turbines, user-specified financial data is used to determine schedules for compressor washing and inlet filter replacement by balancing the associated costs with lost revenue. All measurements and calculated information are stored in databases for real-time and historical trending and tabulating. The data is analyzed ex post facto to identify salient performance and maintenance issues.

Conceptualizing Compassion in Communication for Communication

2016 ◽  
Vol 11 (1) ◽  
pp. 81-106 ◽  
Author(s):  
Max Stille
Keyword(s):  
Conceptual Change ◽  
Emotional Experience ◽  
Rhetorical Analysis ◽  
Communication Practice ◽  
Ex Post ◽  
Rhetorical Practice ◽  
Ex Post Facto ◽  
Performance Patterns ◽  
And Performance ◽  
Narrative Techniques

This article argues that conceptual change can be brought about and shaped by communication practice by approaching emotional experience in a particular strand of Islamic sermons from contemporary Bangladesh. It utilizes an extended rhetorical analysis, pertaining to the intertwining of concepts to be communicated, concepts of communication, and performance patterns of the sermons. It argues that by the juncture of narrative techniques of immediacy and momentarization with a bodily grounding of the voice, the listeners and preacher jointly reach the self-affection of the bodily and salvific emotions of (com)passion. From this perspective, the role of rhetorical practice is not limited to an ex post facto translation of conceptual change into practice; instead, the rhetorical goal of self-affection turns out to be an active factor in shaping concepts decisive for contemporary Islamic religiosity.

scholarly journals Pengaruh Supervisi Akademik Kepala Sekolah Terhadap Kinerja Guru SMA Negeri Di Kota Mataram

2020 ◽  
Vol 4 (4) ◽  
Author(s):  
Yayuk Yayuk ◽  
Agus Ramdani ◽  
Syafruddin Syafruddin
Keyword(s):  
School Principals ◽  
Teacher Performance ◽  
Sampling Technique ◽  
Public High Schools ◽  
Ex Post ◽  
Ex Post Facto ◽  
Study Population ◽  
And Performance ◽  
The Relationship ◽  
The City

Academic supervision is all efforts made on an ongoing basis to assist teachers and school principals in developing teacher abilities and performance in managing learning. This study aims to determine the effect of principal academic supervision on teacher performance. The research was conducted in all public high schools in the city of Mataram. This research uses a quantitative approach with an ex post facto design. The study population was all permanent teachers in SMA Negeri in Mataram City. The research sample was taken using proportionate random sampling technique. Data collection techniques with questionnaires and simple linear correlation to test the hypothesis of the strength of the relationship between two independent variables together with one dependent variable. The results showed that the principal's academic supervision had an effect on teacher performance (P <0.03). The success of academic supervision carried out by the principal has an important effect on the performance of teachers in SMA Negeri in Mataram City.

scholarly journals Effect of Globalization on Small and Medium Enterprises (SMEs) Performance in Nigeria

2017 ◽  
Vol 5 (2) ◽  
pp. 56-65 ◽  
Author(s):  
Moruff Sanjo Oladimeji ◽  
Augusta Thereza Ebodaghe ◽  
Peter Babatunde Shobayo
Keyword(s):  
Interest Rate ◽  
Small And Medium Enterprises ◽  
Trade Openness ◽  
Relevant Information ◽  
Bank Credit ◽  
Integration Model ◽  
Ex Post ◽  
Ex Post Facto ◽  
And Performance ◽  
Medium Enterprises

Abstract This paper studies the effect of globalization on small and medium enterprises (SMEs) performance in Nigeria. The study adopts an ex post-facto type of descriptive research design. In carrying out this study, the secondary statistics data was used. Data was extracted from CBN bulletin on relevant information which depicts globalization and its effect on SMEs performance in Nigeria.A co-integration model was used to investigate the effect of globalization on SMEs performance in Nigeria. To capture the activities of globalization, three proxies were used to capture the activities of globalization; they include interest rate, bank credit and trade openness while on the other hand, output of SMEs to GDP was used to capture SMEs performance covering the period of 1992 to 2014. It was observed that interest rate, bank credit and trade openness do not improve the performance of SMEs output. The overall effect as shown by the F-statistics reveals that the variables considered in this study are not significant in explaining the level of improvement in SMEs output and performance in Nigeria.

scholarly journals EFFECT OF GLOBALIZATION ON SMALL AND MEDIUM ENTERPRISES (SMES) PERFORMANCE IN NIGERIA

2017 ◽  
Vol 5 (2) ◽  
Author(s):  
Moruff Sanjo OLADIMEJI ◽  
Augusta Thereza EBODAGHE ◽  
Peter Babatunde SHOBAYO
Keyword(s):  
Interest Rate ◽  
Small And Medium Enterprises ◽  
Trade Openness ◽  
Relevant Information ◽  
Bank Credit ◽  
Integration Model ◽  
Ex Post ◽  
Ex Post Facto ◽  
And Performance ◽  
Medium Enterprises

This paper studies the effect of globalization on small and medium enterprises (SMEs) performance in Nigeria. The study adopts an ex post-facto type of descriptive research design. In carrying out this study, the secondary statistics data was used. Data was extracted from CBN bulletin on relevant information which depicts globalization and its effect on SMEs performance in Nigeria.A co-integration model was used to investigate the effect of globalization on SMEs performance in Nigeria. To capture the activities of globalization, three proxies were used to capture the activities of globalization; they include interest rate, bank credit and trade openness while on the other hand, output of SMEs to GDP was used to capture SMEs performance covering the period of 1992 to 2014. It was observed that interest rate, bank credit and trade openness do not improve the performance of SMEs output. The overall effect as shown by the F-statistics reveals that the variables considered in this study are not significant in explaining the level of improvement in SMEs output and performance in Nigeria.

Improving Financial Estimation in Construction Management Through Advanced Computing and Decision Making

2020 ◽  
pp. 146-152
Author(s):  
Varun Gupta ◽  
Aditya Raj Gupta ◽  
Utkarsh Agrawal ◽  
Ambika Kumar ◽  
Rahul Verma
Keyword(s):  
Cost Estimation ◽  
Construction Management ◽  
Construction Projects ◽  
Third Party ◽  
Web Based ◽  
Effective Cost ◽  
The Government ◽  
Past Experiences ◽  
The Cost ◽  
Advanced Computing

The firm or the government invites bids against the tender whenever it requires third party to provide services to it like undertaking construction projects, delivery of material, etc. Interested parties gives their bid prices in sealed envelopes and the lowest bid rate wins the contract. However, contractor, in order to win the contract, may not estimate the cost of the project accurately as the estimation of factors contributing to the costs may be based on educated guesswork according to the past experiences. This increases the chances of the final cost of the project to go up in the end, which is to be borne by contractor. Hence, accurate and effective cost estimation is required. This chapter proposed an algorithm to provide a proper way for the contractors to estimate the accurate cost of the project for which they provide bids. This chapter provides an effective solution to the problem of inaccurate cost estimation. The algorithms are automated using a web-based tool.

scholarly journals Risk-Informed Performance Assessment of Construction Projects

2020 ◽  
Vol 12 (13) ◽  
pp. 5321 ◽  
Author(s):  
Merkourios Papanikolaou ◽  
Yiannis Xenidis
Keyword(s):  
Performance Assessment ◽  
Performance Management ◽  
Construction Projects ◽  
Fuzzy Numbers ◽  
Research Work ◽  
Project Performance ◽  
Whole Process ◽  
Satisfactory Performance ◽  
Performance Dimensions ◽  
And Performance

Construction projects are struggling to reach satisfactory performance in a context full of various and many risks. Despite the long-lasting study of performance in construction no universal approaches have emerged from numerous proposals. A mainstream in dealing with this issue is benchmarking methods with the use of appropriate indicators. This research work adopts such a group of indicators that address more aspects than the usual cost, schedule, and quality considerations. Following suggestions for proper adjustments and clarifications for the appropriate use of this group of indicators, this research proceeds by introducing the risk aspect to the calculation of project performance. Identified risks are modeled through fuzzy numbers to deal with data incompleteness and then they are appropriately added to compose risk coefficients for the performance dimensions expressed through the respective indicators. Then, the overall project’s performance is calculated addressing a risk-informed performance assessment of construction projects. The whole process is tested for verification with a theoretical example. The development of a simple yet inclusive and adjustable methodological framework for risk-informed performance assessment is expected to provide practitioners with a relatively easy approach for integrating both the risk and performance management in construction.

Ex Post Facto Evaluation of Indiana's Highway Investment Program

2013 ◽  
Vol 2345 (1) ◽  
pp. 24-30 ◽  
Author(s):  
Stephanie Everett ◽  
Yingge Xiong ◽  
Kumares C. Sinha ◽  
Jon D. Fricker
Keyword(s):  
Capital Investment ◽  
Transportation Network ◽  
Lessons Learned ◽  
Evaluation Methodology ◽  
Highway Investment ◽  
Ex Post ◽  
Ex Post Facto ◽  
Total Investment ◽  
Programming Process ◽  
And Performance

In response to the federal requirements of the Safe, Accountable, Flexible, Efficient Transportation Act: A Legacy for Users, nearly all state departments of transportation (DOTs) have started to use performance measurement in the planning or programming process. Although these performance measures are routinely monitored, they are generally completed during the project development process on a project-by-project basis for anticipated future conditions. No state has a fully developed postimplementation tool to monitor and evaluate capital investment programs at a system (statewide) level. Historical highway expenditure and performance data from the Indiana DOT capital program were used in an ex post facto assessment to illustrate a program evaluation methodology that can be transferred to other agencies. The relationships between investment and performance were characterized for the condition of pavements and bridges as well as the operation of safety and mobility assets. In addition, the short-term economic development impacts, for jobs created and earnings added, were estimated for the total investment each year. The most recent surface transportation reauthorization, Moving Ahead for Progress in the 21st Century, sets a precedent for performance-based management of the nation's transportation network. The present study demonstrates an ex post facto assessment of impacts of the Indiana DOT's highway program and highlights lessons learned to be used when the agency and other state DOTs move forward in validating the effectiveness of investment to legislative bodies responsible for funding decisions. Finally, the study provides a mechanism to communicate the impacts of transportation investment to the general public.

Simulation techniques for cost management and performance in construction projects in Malaysia

2017 ◽  
Vol 7 (5) ◽  
pp. 534-545 ◽  
Author(s):  
Ali Mohammed Alashwal ◽  
Min Yi Chew
Keyword(s):  
Cost Estimation ◽  
Construction Projects ◽  
Cost Management ◽  
Cost Performance ◽  
Content Type ◽  
Simulation Techniques ◽  
Modeling Uncertainties ◽  
Cost Simulation ◽  
Estimation And Control ◽  
And Performance

Purpose Simulation techniques for cost management are useful for modeling uncertainties, making decisions, and improving the accuracy of cost estimation. Despite their usefulness, the application of these techniques in construction projects seems to be uncommon in the construction sector in Malaysia. The purpose of this paper is to determine the application of simulation techniques for cost estimation and control and to assess their influence on project cost performance. Design/methodology/approach A survey questionnaire was used to collect data from 83 government agencies, consultant firms, and contractor firms in Kuala Lumpur, Malaysia. Findings The findings revealed that knowledge of respondents and usage of cost simulation techniques in the Malaysian construction industry is low. In addition, main barriers of implementing cost simulation techniques are identified. Cost performance of construction projects in Malaysia is satisfactory; however, there is no association between this performance and the application of simulation techniques. Originality/value This paper contributes to construction management field by highlighting the main simulation techniques for cost management and drawing the attention of construction professionals and contractors to implement these techniques in construction projects.

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