Challenges and Mitigation in Achieving Successful Project Handover

2021 ◽  
Author(s):  
Murnisa Esro ◽  
Mohd Hafizd Yahaya ◽  
Nur Shairah Ahmad

Abstract This paper will describe the common challenges faced by both Project Management Team (PMT) and Asset Owner when projects come to the tail end and due for handover. It highlights the impact of improper handover of projects to the company as a whole and provides some proposals to address the common project handover issues. This paper will cover mainly on project handovers for upstream projects especially related to offshore facilities. This paper is written based on sample of projects done at offshore Malaysia. It highlights the common handover issues such as PMT not able to handover timely to the Asset Owner although the facilities are running, and production had been achieved. The longer it takes to handover, the more monetary value leakage will be wasted as a result of no equipment preventive maintenance, warranty of equipment could expire or void, and paying higher construction insurance coverage. This can be prevented by a proper and early planning in managing handover, inclusion of segmented provisional acceptance criteria in the contract as well as having frequent engagement between PMT and Asset Owner prior to stages of handover during project execution. Understanding of each stakeholders' expectations is also one of the key success factors. This paper will conclude that there are many common handover issues when it comes to project handover. Most of the issues are the results of misunderstanding of each stakeholder's expectation, poor early handover planning and unclear scope of acceptance in the contract. In most cases the impact will lead to unrealized monetary value leakage. Early handover planning, clear scope covered in the contract, good coordination between PMT and Asset Owner, good teamwork and mindset, blending with some interpersonal skills in managing conflicts are among the key success factors. The key highlights in this paper will help PMT and Asset Owner in better managing the project handover. This will improve project delivery to meet target schedule within scope and budget. This will eventually safeguard overall company investment and avoid any risk on uncertainty of care and custody transfer at the end of a project life cycle.

2018 ◽  
Vol 7 (2.29) ◽  
pp. 67
Author(s):  
Sallaudin Hassan ◽  
Natasha Farhana ◽  
Siti Aishah ◽  
Siti Mahirah ◽  
Khairul Firdaus Jimisiah. J

This research aims to evaluate the Critical Success Factors (CSF) of project management and  to assess the level of challenges at each steps in Project Life Cycle (PLC). Five Independent Variable (IV)  is been selected as Critical Success Factors which is Leadership, Effective Communication, Teamwork,  Organization and Project Nature. There are four main stage in project which is Defining, Planning,  Executing and Closure. The scope of this research is on projects/events   conducted under Student  Development and Campus Life Style (SDCL). Five projects has been selected for assessment in this research.  Survey questionnaire is been used as primary data collection. LIKERT Scale is been used to rank the answer from respondents. 50 respondents are involve in this research. Data is analyzed by using SPSS version 21. Result shows that the most critical success factors in project is Team Work while the least Critical Success Factor is Leadership. Meanwhile, the most challenges stage in project management is Executing, while the least challenges stage is Defining. The finding in this research is considered important discovery. More efforts should be focus on identified Critical Success Factor and the most challenges stage in Project Life Cycle.  It is suggested that the scope of study to be extended to other universities or industries in future research.  


Author(s):  
Muneera Al Sahaf ◽  
Lamea Al Tahoo

With Bahrain Economic Vision 2030, aspiring the shift from an economy that depends on oil wealth to a diversified economy, including startup businesses.  A number of startups in Bahrain have been growing at a rapid pace in various industries. This is a result of the excellent ecosystem, and support provided to startups by the government in Bahrain. This study aims to examine the key success factors of startups in the Kingdom of Bahrain. The quantitative method was the adopted approach, whereby data was collected to examine the impact of four selected variables; fund-raising, experience, knowledge, and partnerships on the success of startups in Bahrain. The quantitative findings outlined the importance of several factors that were perceived to have a significant influence on the success of Bahraini Startups, where the majority of respondents agreed/strongly that two of the examined factors are considered critical to succeed in startups in the Kingdom of Bahrain. These factors are experience and knowledge, which proved to have an active role to maintain the success of startups. However, the startups’ founders disagreed on the impact of fund-raising and partnerships which are considered to have no major effect on the success of startups. Recommendations of this research include two segments; for founders is to seek more opportunities to enhance their knowledge and capitalize on their experiences, and for government entities to provide and improve training offerings, and facilitate founders’ communication and assist them in reaching out to the investors and the supporting entities, which will provide ease for new startup entry to the market, and establishment of a clear vision with framework prior to embarking the new venture.


2014 ◽  
Vol 584-586 ◽  
pp. 2230-2232 ◽  
Author(s):  
Lapidus Azariy

<p class="p0">Investment and construction project from the perspective of systems engineering and using existing terminology systems engineering construction, formed from the studied model of organizational and technological modules ( OTM ) - potentials , representing a collection of process groups , united by a common organizational approach, process sequence , functional purpose , as well as other organizational, technological and managerial factors . The impact of these factors on the final figure will be provided throughout the project life cycle. The assessment of this impact - a key link in the task of monitoring the desired end point of the object construction - its security and comfort of life of people. Call this integral component of organizational and technological potential of the object. Significant difference from the building techniques used in the evaluation of the final index integral approach to the factors shaping it. To study the model of integral organizational and technological capabilities are introduced the following notation : PI - integral (integral) capacity (potential), represents a generic parameter that characterizes the achievement of the required endpoints construction.</p>


1988 ◽  
Vol 14 (1) ◽  
pp. 5-18 ◽  
Author(s):  
Jeffrey K. Pinto ◽  
John E. Prescott

Afield study was conducted to investigate changes in the importance of project critical success factors across four stages in the project life cycle. A total of 408 project managers or project team members cur-rently involved in a project responded to the questionnaire. Ridge regression analysis was performed on the initially derived ten critical success factors, reducing the final number of critical success factors to eight. A stepwise regression was then done on the critical success factors at each of the four stages in the project life cycle. Results indi-cated that the relative importance of several of the criticalfactors change significantly based on life cycle stages.


SAGE Open ◽  
2020 ◽  
Vol 10 (1) ◽  
pp. 215824401989909
Author(s):  
Yide Liu ◽  
Ivan Ka Wai Lai

Air pollution is a serious environmental issue across the world and has drawn attention from researchers with different backgrounds. The carbon exhaust from gasoline vehicles is one cause of air pollution. One solution for reducing carbon emissions is to provide green vehicles, such as electric motorcycles, for drivers and passengers, which can help the sustainable development of the environment in an ecological way. This research discusses the market response to electric motorcycles in Macau by focusing on the effects of environmental policy. An environmental technology acceptance model was developed, based on which 325 valid questionnaires were collected. The research demonstrates the impact on motorcyclists’ acceptance of electric motorcycles by considering their perceptions of environmental policy, pollution reduction, the saving of energy, and driving performance; the results can lead to valuable discussions on the environment–technology–society ecosystem in further studies. The research results could help relevant government bodies to develop appropriate environmental policies to encourage motorcyclists to adopt electric motorcycles. Furthermore, the electric motorcycle industry could identify key success factors for developing or promoting electric motorcycles using the study variables.


2019 ◽  
Vol 4 (2) ◽  
pp. 35
Author(s):  
Tiedian Fane ◽  
Toumani Bagayoko

This study highlights the impact of key success factor on profit performance. The recommendations should be used as guideline for Malian enterprises.The quantitative and qualitative methods, primary data collected by questionnaires and interviews are used. Secondary data are gotten from articles, journals and online resources. The research framework was analyzed using multiple regression models. Hypothesis test is adopted to accept or reject the hypothesis formulated in this research. Excel software have been used to perform the test, the measures of p-value, coefficient of determination, the adjusted coefficient of determination, the degree of freedom, the coefficient of Fisher and its critical value.The results suggest that key success factors have significant impact on profit performance. Key success factors have a positive impact on profit performance is valid hypothesis. This study makes several contributions to research and theory of key success factors and profit performance. A greater understanding of key success factors and profit performance provided further investigation of the relationship between of key success factors and profit performance. This model can be used by other enterprise to increase its profit performance. Through the use of this model, enterprise can quickly identify areas requiring urgent improvement.SODEMA industry needs improvement in chain communication systems, manufacturing techniques, and transportation capabilities as alternatives to investing in large inventories and production capacities. The theoretical model developed in this study is applicable in practice.


2015 ◽  
Vol 12 (4) ◽  
pp. 13-14
Author(s):  
Malik M. A. Khalfan ◽  
Salman Azhar ◽  
Tayyab Maqsood

The Architecture, Engineering and Construction (AEC) industries have long sought techniques to decrease project cost, increase productivity and quality, enhance safety, and reduce project delivery time. Building Information Modeling (BIM) offers the potential to achieve these goals. BIM simulates the construction project in a virtual environment. With BIM technology, an accurate virtual model of a facility is digitally constructed. When completed, the computer-generated model contains precise geometry and relevant data needed to support the programming, fabrication, procurement, construction, and post-construction activities. It can be used by project stakeholders for planning and decision making throughout the project life cycle. BIM represents a new paradigm within AEC, one that encourages integration of the roles of all stakeholders on a project. It has the potential to promote greater efficiency and harmony among players who, in the past, saw themselves as adversaries.


Author(s):  
Benedetta Bossi ◽  
Natale Massimo Minotti

The current competitive environment within the construction sector is increasingly difficult and challenging, leading all the main players to increase their focus and efforts upon procurement strategies and policies. Therefore, procurement practice is important in order to effectively perform and close out the construction process and meet stakeholders' needs. Starting from a deep analysis of procurement processes framed within the project life cycle, the research proposed the prequalification phase as a selection strategy necessary to identify the contractor. In order to select the project delivery system most suitable to the customer and the project to be developed, an operating procedure has been proposed, allowing who deals with procurement better ruling the purchasing processes. In the proposed procedure, each activity is defined through a general overview, the execution process and its tools. The outputs of the study are also sample documents and model forms that can be easily utilized assisting the procurement phase. Thus, since the procurement process has assumed increasing importance in the strategic planning of the construction industry, the aim of the research is to provide a prequalification method necessary to select the most suitable contractor before the tender, in order to reduce any risks during the entire construction process.


2018 ◽  
Vol 32 (4) ◽  
pp. 269-280 ◽  
Author(s):  
Vincenzo Pallotta ◽  
David Campisi

In this article, the authors present STarmac, a pre-incubator developed by the Swiss Applied Science University of Canton Vaud (HEIG-VD), which aims to support young founders in the development of innovative business ideas by providing them with the tools to manage market and technology risk. The article describes the STarmac pre-incubator and its components and outlines a process for stimulating and supporting entrepreneurship for university spin-offs. The authors introduce metrics for the assessment of STarmac’s performance, centred on team development, to enable continuous improvement and provide better support to participants. They conducted two studies, one qualitative on the requirements of the participants for pre-incubation and one quantitative on the impact of the supporting programme to develop entrepreneurial skills. While still preliminary, the results from these studies confirm the authors’ hypotheses on the key success factors for effective pre-incubation in the context of university spin-offs.


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