Whole-Process Project Cost Management Based on Building Information Modeling (BIM)

The whole-process project cost management based on building information modeling(BIM)is a new management method,aiming to realize the comprehensive optimization and improvement of project cost management through the application of BIM technology.This paper summarizes and analyzes the whole-process project cost management based on BIM,aiming to explore its application and development prospects in the construction industry.Firstly,this paper introduces the role and advantages of BIM technology in engineering cost management,including information integration,data sharing,and collaborative work.Secondly,the paper analyzes the key technologies and methods of the whole-process project cost management based on BIM,including model construction,data management,and cost control.In addition,the paper also discusses the challenges and limitations of the whole-process BIM project cost management,such as the inconsistency of technical standards,personnel training,and consciousness change.Finally,the paper summarizes the advantages and development prospects of the whole-process project cost management based on BIM and puts forward the direction and suggestions for future research.Through the research of this paper,it can provide a reference for construction cost management and promote innovation and development in the construction industry.

Cost-Benefit Analysis of the Wuxikou Integrated Flood Management Project Considering the Effects of Flood Risk Reduction and Resettlement

Evaluation of the economic costs and benefits of flood disaster risk management projects is crucial.However,current costbenefit analyses(CBA) often lack reliable estimates of the expected loss reduction from flood control measures and ignore quantitative assessments of resettlement.To address these limitations,this study incorporated a probabilistic risk analysis method and quantitative resettlement benefits assessment into the CBA framework,using the Wuxikou Integrated Flood Management Project(WIFMP) in Jiangxi Province,China,as a case study.The direct economic benefits of flood control were estimated by integrating hydrological statistics,numerical flood inundation simulation,and quantitative damage analysis with exposure and vulnerability data.Furthermore,the resettlement benefits were quantified by measuring the annual income growth of migrants based on assumptions about household employment.Our analysis shows that the total WIFMP investment is RMB 3546.1 million yuan(USD 1=RMB 6.976 yuan),including loan principal and interest of 244.4 million yuan,and operations and maintenance of 605.5 million yuan at 2020 prices.Annual project benefits are estimated at 351.3 million yuan in flood risk reduction,155.7-191.9 million yuan from increased resettlement income,and 42.7 million yuan in power and water revenues.Considering the costs and benefits across the entire project lifecycle,the internal rate of return ranges from 13.7 to 14.2%,and the net present value ranges from 31.8 to 352.6 billion yuan.Through improved benefit estimation methodology,this research enables a more reliable and holistic evaluation of costs and benefits for flood risk management projects.It provides insights for policymakers and practitioners involved in similar projects,contributing to more informed decision making and better allocation of resources in flood disaster risk management.

How Does Robotics Process Automation (RPA) Affect Project Management Practices

The main purpose of this literature review is to understand the effectiveness and impacts of Robotics Process Automation (RPA) on the practices of Project Management (PM). For attaining the purposes of the research study, an extensive literature review was conducted, which helped in gaining a theoretical understanding. These findings were then justified with the help of current and relevant secondary sources in the analysis section. The findings suggested that RPA is quite advantageous for implementing in varied aspects of a business, especially in the field of project management. However, it can pose several challenges, which need to be taken into due consideration by the organizations during execution such as the capabilities of the employees and the abilities of the existing systems to incorporate automation, among others. It was ultimately concluded that RPA is highly advantageous for project management teams but its effective implementation is the key to success.

Key Points and Difficulties in the Management of a New Guangzhou 12th People’s Hospital Branch

During the 13th Five-Year Plan period,to improve medical and health services,the Guangzhou Municipal government invested billions in medical construction.During that time,Guangzhou was renewing its approval procedures for construction projects,and the COVID-19 outbreak changed the requirements of hospital construction.In addition to focusing more on spatial planning and layout,the integration of specialized departments,large-scale medical equipment,and numerous intelligent systems increased the complexity of hospital construction projects.The success of these projects often hinges on the quality of the management team.If a hospital construction project manager lacks experience and an understanding of the project’s key aspects,they may struggle with organization,management,and problem-solving,leading to rework,resource waste,and delays.This paper uses the construction of a new Guangzhou 12th People’s Hospital branch as an example to describe the key points and difficulties in each stage of project construction and proposes solutions for the management of similar projects in the future.

θ-improved limited tolerance relation model of incomplete information system for evaluation of water conservancy project management modernization

The modernization of water conservancy project management is a complicated engineering system involving a management system, a management method, management personnel, the exertion of social, economic, and ecological effects, and so on. However, indices for evaluating the modernization of water conservancy project management are usually unobtainable in practical applications. Conducting appropriate extension of the classical rough set theory and then applying it to an incomplete information system are the key to the application of the rough set theory Based on analysis of some extended rough set models in incomplete information systems, a rough set model based on the θ-improved limited tolerance relation is put forward. At the same time, upper approximation and lower approximation are defined under this improved relation. According to the evaluation index system and management practices, the threshold for θ is defined. An example study indicates the practicability and maneuverability of the model.

A Comparative Analysis of RAD and Agile Technique for Management of Computing Graduation Projects

Computing students face the problem with time and quality of the work while managing their graduation/senior projects.Rapid Application Development(RAD)model is based on continual user involvement for the process of requirement gathering via prototyping.After each iteration,the developers can validate the requirements that are completed in the iteration.Managing a project with RAD is easier but not flexible.On the other hand,Agile project management techniques focus on flexibility,agility,teamwork and quality based on user stories.Continual user involvement is avoided,which requires extensive maintenance time for fixing iteration and release of the story points.This also makes it necessary to provide onsite training to the users of the application.This research provides the pros and cons of RAD and Agile project management techniques,to help students in deciding the best approach for managing their graduation projects.For the evaluation of these techniques,similar case studies were given to the senior project students(having similar CGPAs)for building similar functionality-based applications.The two projects“Life Organizer”developed and managed using RAD and“Smart Patient Assistant(SPA)”developed and managed through Agile methodology were evaluated against the quality assurance criteria for senior projects.The study found that the project developed with RAD methodology performed 13.33%better in providing extensive and elaborated documentation than the students following the Agile technique.On the other hand,SPA-Agile based project,due to teamwork had 2.5%better implementation than Life Organizer-RAD based project.

Optimizing Bidders Selection of Multi-Round Procurement Problem in Software Project Management Using Parallel Max-Min Ant System Algorithm

This paper presents a Game-theoretic optimization via Parallel Min-Max Ant System(PMMAS)algorithm is used in practice to determine the Nash equilibrium value to resolve the confusion in choosing appropriate bidders of multi-round procurement problem in software project management.To this end,we introduce an approach that proposes:(i)A Game-theoretic model of multiround procurement problem(ii)A Nash equilibrium strategy corresponds to multi-round strategy bid(iii)An application of PSO for the determination of global Nash equilibrium.The balance point in Nash Equilibrium can help to maintain a sustainable structure not only in terms of project management but also in terms of future cooperation.As an alternative of procuring entities subjectively,a methodology to support decision making has been studied using Nash equilibrium to create a balance point on benefit in procurement where buyers and suppliers need multiple rounds of bidding.Our goal focus on the balance point in Nash Equilibrium to optimizing bidder selection in multi-round procurement which is the most beneficial for both investors and selected tenderers.Our PMMAS algorithm is implemented based on MPI(message passing interface)to find the approximate optimal solution for the question of how to choose bidders and ensure a path for a win-win relationship of all participants in the procurement process.We also evaluate the speedup ratio and parallel efficiency between our algorithm and other proposed algorithms.As the experiment results,the high feasibility and effectiveness of the PMMAS algorithm are verified.

A Review on the Role of Risk Management (RM) and Value Engineering (VE) Tools for Project Successful Delivery

Both in developed and in developing countries, the construction industry is regarded as an economic investment activity without forgetting its significant relationship with national economic development due to its great contributions to the national gross domestic product (GDP) of the country. Concerning construction processes, both risk management (RM) and value engineering (VE) techniques have commonalities from the beginning up to the completion of the project due to enhancing the project value/quality, meeting the project deadline, and reducing overall project cost. VE includes resolving the uncertainty of project objectives and ensuring that the project is delivered in a value for money way. The key point of RM is to solve the uncertainty of the project itself and its results to ensure that the specifications are achieved within the prescribed time, cost, and quality constraints. This review work is comparatively and collectively focused on assessing the role of RM and VE tools for project successful delivery. It studies the points of difference and common features of the two aspects in terms of construction project delivery. So, this study concluded that in construction RM tool cannot be the chief aim of the all parties involved in the project execution because sometimes it produces itself negative results and reduces project management success. Therefore, RM needs a strong combination with VE due to the dependence of the target in identifying and assessing risks by considering the highest performance and lowest cost. The integration of RM and VE combination in a single study would avoid duplication of work and deliver better value for money thereby leading to better project outcomes.

SDWAN (Software Defined-WAN) Network Engineering and Project Management

Many organizations are struggling to provide high bandwidth and reliable internet connectivity at their branch offices and business locations and getting the most out of their operational expense.The need for internet connectivity at any branch offices and business locations is not a luxury anymore but is a necessity.Let us try to understand how to plan and document the SDWAN(Software Defined-Wide Area Network)implementation in an organization.We will try to understand why it is essential to implement the new technology instead of investing in the existing MPLS(Multi-Protocol label switching)by taking an example of a retail organization.Methods:This project/research was performed using the abilities of Software Defined Network Technology and options available in MPLS(Multi-Protocol Label Switching).The Technical Project management principles were adopted as per PMI(Project Management Institute)waterfall methodology.Results/Conclusion:SDWAN technology provides an effective replacement of MPLS network connection for providing WAN connectivity for our office locations.It is essential to follow a documented process for appropriate vendor selection based on the available features and other listed attributes in the article.To be successful in the implementation it is essential to perform a POC(Proof of Concept)in a controlled environment and validate results.SDWAN provides better network performance and improves reliability as the links operate in active-active function.

Project Management and Coordination of Distributed Cooperative Product Design in a Virtual Enterprise

The architecture of project management of distributed concurrent product design in a virtual enterprise is put forward. T he process of project management and its functions are presented. Product design process coordination is also discussed. First, based on the analysis of traditi onal project management, project management and coordination of distributed coop erative product design in the virtual enterprise is put forward. Then, aiming at the characteristics of a distributed concurrent product design process, the inh erent rules and complex interrelations in product development are studied. Accor dingly, the architecture of project management of distributed cooperative produc t design in a virtual enterprise is presented to adapt to distributed concurrent development of complex products. The main advantages of the architecture are al so discussed. Finally, the emphasis is placed on the project management process. Its main functions are set forth, such as project definition, task decompositio n and distribution, resource constraints and dynamic resource scheduling, proces s fusion, task scheduling and monitoring, project plan, cost and quality evaluat ion, etc.

Application Research of Blended Teaching based on Duifene Teaching Platform:Modules on Construction Project Management

The Duifene teaching platform is a product of various teaching methods,which greatly improves the traditional teaching method.This article introduces the function and characteristics of a blended teaching platform as well as its application for histology and embryology modules.In addition,the advantages and disadvantages of blended teaching method is also discussed.The application of this teaching platform for Construction Project Management modules encourages students to be more enthusiastic and interested toward learning.This allows a more convenient and rapid teacher-student and student-student interaction thereby improving the teaching and learning experiences.

Enterprise Process Modeling Methodology and Environment Supporting Project Management

Development of the global economy makes modem enterprises confront challenges of efficient managements for large projects and complex processes. Projects are typically managed in rather special manners. On the contrary, there exist many methodologies for product process management to achieve consistency and continuance. However, processes often lack flexibility offered by projects. This paper dis~ the relationship of conceptual characteristics between process and project, gives low-level details to tackle the difference between them, and proposes an enterprise process modeling method for project management. An integrated environment is designed to support the method from which both project management and process management can receive benefits and conform to the limitations.

Exploring Industry 4.0 Paradigm as Applied to Project Management:A Proof of Concept

This research study elaborates and conceptualizes the architectural framework of Industry 4.0 to be applied to project management.Research is based on the literature in digital transformation in project management and extends the literature in adding the feasibility of Industry 4.0 applied to project management.The exploring paradigm of Industry 4.0 is 5-layer architecture.Mixed research approach,a blend of qualitative and quantitative approach is adopted with the objective of acquisition of knowledge,examination of the concepts,and analysis of the theories in order to understand feasibility of Industry 4.0 in a constructive research methodology.Findings of the research suggest the feasibility of implementation of Industry 4.0 concepts for project management,especially for project monitoring and control.It is explored that there can be an automation of project management process with a certain degree of capability in decision making.

Topic Maps Based Project Knowledge Management

Based on topic maps, a preprocessing scheme using similarity comparision is presented and applied in knowledge management. Topic and occurrence-ofiented merging algorithm is also introduced to implement knowledge integration for the sub-system. AnOm- nigator-supported example from an aeroaustic institute is utilised to validate the preprocessing method and the result indicates it can speed up the research schedule.

Research on Innovation of Engineering Project Management Mode and Intelligent Management

In order to realize the standardization and normalization of environmental protection project management.This paper uses the literature method to study the current status of the existing project management mode,and points out the problems:lack of a sound project management system,insufficient information application of project management,and unclear decentralization in project management;on this basis,this paper proposes optimization strategies from the aspects of perfecting the engineering project management system,clarifying the allocation of project management authority,and strengthening the construction of engineering project management information.And put forward the future development trend of project engineering management,on the basis of two mainstream management modes of BOT(Build-Operate-Transfer)and EPC(Engineering Procurement Construction),build a standardized project management platform to achieve intelligent management.Realize intelligent management of engineering project management to achieve standardization and standardization,greatly improving the efficiency of project management.

Summary of Application of Fuzzy Mathematics in Construction Project Management

Construction project management is an important aspect of civil engineering construction. How to use scientific and efficient methods to effectively manage construction projects is the focus of construction project development under the current situation. This article discusses the application of fuzzy mathematics in construction project management. The study found that in the process of construction project management, it was found that a single fuzzy mathematical method was difficult to adapt to the current complex and changeable construction projects. Combining fuzzy mathematics with other management methods and computer applications can better simplify complex things, reduce human subjectivity, increase calculation speed, and achieve a combination of qualitative and quantitative research;selection of optimization schemes and risk assessment, etc. All have a good effect, and can better deal with possible or uncertain things and emergencies in the process of project management. At the same time, combining fuzzy mathematics with heuristic algorithms or meta-heuristic algorithms can make research more objective, improve management efficiency and calculation speed.

The Impact of State Policies on Investment Project Management in Polish Industrial Construction Sector

In this paper,we discuss the influence of economic,environmental and legal policies of the state on the management of investment projects in the area of industrial construction in Poland.Our empirical study relies on conducting a questionnaire survey.A total of 158 Polish companies dealing with industrial construction took part in the survey.Then,the collected questionnaires were subjected to a thorough analysis and interpretation,with the use of a method called the exploratory factor analysis(EFA).Our research reveals the key factors influencing successful investment project management in the Polish industrial construction sector.These factors have been identified as the“availability of technology in a stable political system”,“stability of the economic and tax systems”,“stable social system policy,stability and transparency of the legal system”and a“well-targeted environmental policy”.A key conclusion that can be drawn from our study is that an efficient management of investment projects in the industrial construction industry is significantly influenced by properly shaped and stable economic,environmental,and legal policies of the state.

A Exploration Project Management of New-Area in Sou

In Order to speed up Oil-gas exploration.in new-area 1n South China,the E xploration Bureau,CNPC,has decided to set up a New Explo-ration Project Management in New-Area,South China(EPMNSC).Its assignments are as follows:

The Role of Blockchain in E-Governance and Decision-Making in Project and Program Management

This paper discusses the impact of e-governance powered by blockchain in the project and program management industry. With the rise in technological innovations, many countries have turned to e-governance for efficiency in service delivery, transparency, and decision-making. E-governance backed by blockchain technology entails improving the public services provision by implementing structures of information and communication technologies. There are many challenges with the traditional project management approach that causes organizations and its stakeholders’ cost and time. Thus, the introduction of blockchain has given many organizations a new approach to adopt in order to eliminate the challenges associated with the typical project management approach. In spite of the cutting-edge technology of blockchain and its broad applications in program management and e-governance, there are still many challenges that restrain its adoption on a broader scale. The research discusses the challenges of the blockchain deployment in the program management field and e-governance in private and government sectors and it highlights the efforts put by both sectors to make use of the technology. Also, the research covers the opportunities and the advantages of a blockchain adoption in various segments. The paper uses various case studies in the UAE, in both private and government sectors, and a qualitative research approach was implemented. The case studies were on government entities such as Smart Dubai and the Ministry of Health Prevention and also private entities like DP World and Emirates NBD. The paper concludes with recommendations and solutions on how to maximize the benefit of blockchain in the program management industry and how it is improving the decision-making process.