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.

Research on the Curriculum System for the Project Management Majored Entrepreneurial Talent

In this research article, we conduct research on the curriculum system for the project management majored entrepreneurial talent. The engineering management major construction and the oriented real estate industry, especially for the large and medium-sized backbone enterprises in civil engineering construction and the real estate enterprises train innovative, applied and compound of high-level engineering technology and the management talent. Entrepreneurship education student entrepreneurial ability is to make the students have successful entrepreneurial innovation ability, the development ability, organization and the core management ability, interpersonal communication and cooperation ability, comprehensive ability. Student entrepreneurial ability of high and low depends largely on the amount of corresponding knowledge in practice. Our research provides novel paradigm for the curriculum system construction and optimization for the universities.

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.

Research on Intelligent Cost Estimation of Engineering Foundation Projects Based on CSIs Theory

Against the backdrop of rapid development in China’s construction and infrastructure sectors,discrepancies between project budgets and actual costs have become pronounced,manifesting in project overruns and suspensions,posing significant challenges.To address inaccuracies in investment targets and operational complexities,this study focuses on a beam-bridge construction project in a district of Shijiazhuang city as a case study.Drawing upon historical analogs,the project employs a Work Breakdown Structure(WBS)to decompose the engineering works.Building on theories of Cost Significant(CS)and Whole Life Costing(WLC),the study constructs Cost Significant Items(CSIs)and develops a CNN-BiLSTM-Attention neural network for nonlinear prediction.By identifying significant cost drivers in engineering projects,this paper presents a streamlined cost estimation method that significantly reduces computational burdens,simplifies data collection processes,and optimizes data analysis and forecasting,thereby enhancing prediction accuracy.Finally,validation with real-world cost fluctuation data demonstrates minor errors,meeting predictive requirements across project execution phases.

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.

Integrated Control Model for Time and Cost Risk in Project Management

Time, cost and quality are the three main targets to be controled in project management. However, the control and management of time and cost risk are usually carried out respectively, which will bring such problems as the delay of schedule by reason of the impracticability of cash flow, the money difficulties caused by delay of schedule and so on. In order to control and manage the time and cost risk effectively and simultaneously, a time & cost risk control model based on schedule programme was established with the use of the quantitativemodels of BCWS, BCWP and ACWP in this paper. Subsequently, the analysis of variance for the whole project and the single activity was introduced on the basis of BCWS, BCWP and ACWP so that the project can be controlled and managed effectively. Furthermore, an example given behind in detail expressly illustrated that the model set up above was practicableto project management. However, the method of optimizing the cash flow based on time and cost risk to obtain BCWS should be considered properlyand carefully with respect to the different circumstances of the project, and an efficient and adequate interval report system should be set up on the site of the project.

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.

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 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.

The practice of project construction and management of Three Gorges ship lock

The double-line five-step ship-lock of Three Gorges Project (TGP) is an extra-large navigation structure with the maximum design total head and single-step delivery head in the world and complicated technical problems.The shiplock is a challenging and world-class project integrating the advanced techniques and equipment,the up-to-date technologies and materials,as well as the advanced project management.Through 17-year construction and 9-year operation of the ship-lock,various difficulties in design,construction,equipment manufacturing and installation as well as system debugging have been overcome effectively.The project management ideas,management system,management methods,technological innovation and team building are summarized according to the management practice of the second stage main work of Three Gorges ship-lock.

From risk management to uncertainty management: a significant change in project management

Starting with the meanings of the terms “risk” and “uncertainty,””he paper compares uncertainty management with risk management in project management. We bring some doubt to the use of “risk” and “uncertainty” interchangeably in project management and deem their scope, methods, responses, monitoring and controlling should be different too. Illustrations are given covering terminology, description, and treatment from different perspectives of uncertainty management and risk management. Furthermore, the paper retains that project risk management (PRM) processes might be modified to facilitate an uncertainty management perspective, and we support that project uncertainty management (PUM) can enlarge its contribution to improving project management performance, which will result in a significant change in emphasis compared with most risk management.

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.

Study of Quality Management in Construction Projects

This research management, exp and lores preliminarily the practices of quality management, management commitment in quality quality management implementation problems in construction projects in the context of Malaysian construction industry. The research applies semi-structured interview approach with twelve project management practitioners. The findings of the study indicate that the state of quality management in construction projects in Malaysia needs to be strengthened and there are problems in relation to quality management implementation that require attention and further research. The paper provides an insight on the state of quality management in construction projects in Malaysia.

Rationality of escalating commitment in information systems project management： An inter-disciplinary perspective

Escalation of commitment has been linked to losses in information systems （IS） projects. Understanding the nature and the rationality of escalation allows the firm to promote optimal project management practices. This study takes an inter-disciplinary approach and draws on research from economics and management to create a model of irrational escalation and a model of rational escalation. The forces that contribute to irrational escalation include the responsibility of the same manager for both the project selection and project continuation decisions that create proneness to self-justification, the potential for negative framing of decision options due to large sunk costs, the proximity of project completion and the presence of organizational inertia. Identifying these irrational escalation factors helps design appropriate de-escalation techniques. The rational escalation model draws on the real option theory and the bandit process theory to identify conditions when project continuation is justified by the value of information and the value of flexibility that the firm receives from continuing the project.

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.

An Information Systems Project Management Course Using a Service-Learning Model

This paper describes the implementation of an Information Systems （IS） capstone project management course that is a requirement for graduating seniors in an undergraduate Computer Information Systems （CIS） program at a regional university. The description provides a model which includes the culmination of students＇ academic training in an IS curriculum which is part of a Bachelor of Business Administration （BBA） program in an accredited college of business. The course requires an application of technical and business skills, as well as systems development and project management skills--while students are working on an actual IS project for an external sponsoring organization. Rationale for implementing this type of course includes the benefits it provides to the students, the project sponsors, and the IS department providing the course. Feedback from the course is used as integral part of the C1S curriculum assessment process used for accreditation purposes.