111,533 research outputs found

    Risk factors affecting the ability for earned value management to accurately assess the performance of infrastructure projects in Australia

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    Purpose – The purpose of this paper is to investigate a set of risk-related factors influencing the earned value management (EVM) concept as an assessment technique in evaluating the progress of modern sustainable infrastructure construction projects. Design/methodology/approach – A qualitative research approach has been adopted for identifying risk-related factors influencing EVM concept from a literature review and through interviewing industry personnel, followed by an inductive process to form sets of key factors and their measuring items. Findings – EVM is a common method for assessing project performance. A weakness of this approach is that EVM assessment in its current form does not measure the impact of a number of project performance factors that result from the complexity of modern infrastructure construction projects, and thus does not accurately assess their impact in this performance. This paper discusses and explains a range of potential risk factors to evaluating project performance such as sustainability, stakeholder requirements, communication, procurement strategy, weather, experience of staff, site condition, design issues, financial risk, subcontractor, government requirements and material. In addition, their measuring items were identified. Practical implications – This research assists projects managers to improve the evaluation process of infrastructure construction performance by incorporating a range of factors likely to impact on that performance and which are not included in current EVM calculations. Originality/value – This research addresses the need to include in the EVM calculation a range of risk factors affecting the performance of infrastructure projects in Australia and therefore makes this calculation a more reliable tool for assessing project performance

    CRC for Construction Innovation : annual report 2008-2009

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    Sustainability Standards and Stakeholder Engagement: Lessons From Carbon Markets

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    Stakeholders play an increasingly active role in private governance, including development of standards for measuring sustainability. Building on prior studies focused on standards and stakeholder engagement, we use an innovation management theoretical lens to compare stakeholder engagement and standards developed in two carbon markets: the Climate Action Reserve and the U.N.’s Clean Development Mechanism. We develop and test hypotheses regarding how different processes of stakeholder engagement in standard development affect the number, identity, and age of stakeholders involved, as well as the variation and quality of the resulting standards. In doing so, we contribute to the growing literature on stakeholder engagement in developing sustainability standards

    Is it time to rethink project success?

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    The notion of success and failure in software projects are confusing. Failure is often considered in the context of the iron triangle as the inability to meet time, cost and performance constraints. Yet, while there is a consensus around the prevalence of project failure, new projects seem destined to repeat past mistakes. This paper tries to advance the discussion by offering a new perspective for reasoning about the meaning of success and the different types of software project failures. The paper advocates rising beyond the fixation with internal parameters of efficiency. It begins by discussing the limited insights from existing project failure surveys, before offering a four level model addressing the essence of successful delivery and operation in software projects and considering the different measures required in order to utilise richer measurements of success

    A Management Maturity Model (MMM) for project-based organisational performance assessment

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    Common sense suggests that organisations are more likely to deliver successful projects if they have systems in place that reflect a mature project environment based on a culture of continuous improvement. This paper develops and discusses a Management Maturity Model (MMM) to assess the maturity of project management organisations through a customisable, systematic, strategic and practical methodology inspired from the seminal work of Darwin, Deming, Drucker and Daniel. The model presented is relevant to organisations, such as construction and engineering companies, that prefer to use the Project Management Body of Knowledge (PMBOK™ Guide) published by the Project Management Institute (PMI), but without the disadvantages of excessive time and cost commitments and a ‘one size fits all’ approach linked to rigid increments of maturity. It offers a game-changing advance in the application of project-based organisational performance assessment compared to existing market solutions that are unnecessarily complex. The feasibility of MMM is field-tested using a medium-sized data centre infrastructure firm in Tehran

    Building the future: integrating building information management and environmental assessment methodologies

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    The demand for sustainable buildings is increasing driven in part by legislation, rising energy costs and growing environmental concerns amongst consumers. As a result clients and developers are increasingly seeking to incorporate environmental attributes into buildings and demonstrate these sustainability credentials by certifying a development using an environmental assessment methodology such as BREEAM or LEED. One of the major issues in delivering sustainable buildings is ensuring that measures incorporated into a building at design stage are translated into action during building construction. This disconnect between design and construction phases of a project often results in the need to undertake costly remedial measures to achieve a targeted sustainability rating, or the building failing the assessment. This paper suggests that by integrating BIM with Environmental Assessment Methodologies decisions made with regard to sustainability attributes at the design stage can be clearly communicated and understood by all involved in the buildings specification and construction. It introduces a conceptual framework that seeks to define the relationship between BIM and EAMs
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