A PERFORMANCE EVALUATION MODEL FOR BUILDING INFORMATION MODELING (BIM) ORGANIZATIONS

Size: px
Start display at page:

Download "A PERFORMANCE EVALUATION MODEL FOR BUILDING INFORMATION MODELING (BIM) ORGANIZATIONS"

Transcription

1 A PERFORMANCE EVALUATION MODEL FOR BUILDING INFORMATION MODELING (BIM) ORGANIZATIONS Thanit Aphiworakunphat Graduate student, Department of Civil Engineering, Faculty of Engineering, Chulalongkorn University, Phayathai Road, Pathumwan, Bangkok Thailand Veerasak Likhitruangsilp Ph.D., Associate Professor, Department of Civil Engineering, Faculty of Engineering, Chulalongkorn University, Phayathai Road, Pathumwan, Bangkok Thailand Abstract Building Information Modeling (BIM) can benefit various aspects of the construction industry, including people, processes, and technology, which eventually minimize the total operational cost. The benefits of BIM can be categorized into the tangible benefit and the intangible benefit. In the organizations that adopt BIM (called BIM organizations), it is often challenging to evaluate their enhanced performance. A main reason is that there is no systematic framework to assess the effects of using BIM on organizations. In this paper, we propose a model for evaluating the performance of BIM organizations. The paper focuses on identifying Critical Performance Indicators (CPIs) by interviewing a selected group of BIM users in the AEC organizations in Thailand. Based on the balanced scorecard (BSC) concept, we list the CPIs that reflect four main business perspectives, namely, the financial perspective, the customer perspective, the business process perspective, and the learning and growth perspective. The model is created based on the results from questionnaire surveys and in-depth interviews on relevant topics. The Key Performance Indicators (KPIs) are then concluded and used for evaluating the performance of BIM organizations. The results are then verified through in-depth interviews with a group of experts to finalize the CPIs of BIM organizations. Keywords Building Information Modeling, Critical Performance Indicator, Key Performance Indicator, Performance Evaluation I. INTRODUCTION In present, Building Information Modeling (BIM) is an important technology in the construction industry. In the pre-construction stage, BIM is useful for architects and engineers for design and constructors for planning and estimating [1]. It can generate 3D models that are easy to communicate with customers, entail minimal mistakes, and shorten design time. Per these advantages, BIM users can earn profits for their organization [2]. Even though the construction industry is increasingly using BIM, the implementation is still limited [3]. A main reason is that most AEC organizations cannot evaluate their performance once BIM is adopted [4]. Thus, it is necessary to develop a tool for evaluating the 75

2 performance of BIM organizations. In this paper, the model for evaluating the performance of BIM organizations is developed using Critical performance indicators (CPIs), which are identified by interviewing the BIM users in AEC organizations. Based on the balanced scorecard (BSC) concept [5] the CPIs can reflect four main business perspectives, namely, the financial perspective, the customer perspective, the business process perspective, and the learning & growth perspective. II. RESEARCH METHODOLOGY The research methodology consists of five major steps, as shown in Fig. 1. A. Review existing BIM evaluation guidelines We first review and analyze BIM performance evaluation guidelines. The results include how to evaluate the use of BIM [6], measurable returns on investment of BIM [7], how to measure a business' success [8], performance evaluation models, how to determine the reliability of indicators, and a collection of KPIs related to the performance evaluation model for BIM organizations. B. Summarize essential contents of the performance evaluation model for BIM This step is to analyze and identify the contents of the performance evaluation model for BIM according to the reviewed BIM performance evaluating guidelines. Such content encompasses important data that are required to develop a model for evaluating the performance of BIM organizations such as BIM goals, BIM uses, and BIM KPIs. C. Specify important KPIs of the evaluation model for BIM This first step is to design a questionnaire for collecting data. We specify important indicators from the reviewed BIM performance evaluation guidelines to determine BIM KPIs, which are also collected from interviews consisting of four steps: 1) Specify BIM goals of the organization. The organization must provide the expected purposes before using BIM. 2) Determine BIM uses. In this step is to determine appropriate BIM uses by considering the BIM goal. 3) Define the KPIs. The definitions of the KPIs which are related to BIM goals and BIM uses are summarized from relevant literature. The meaning of each KPI may be defined or calculated depending on each goal. 4) Classify the KPIs. The results are classified into two types: quantitative (e.g., percentage) and qualitative, involving the evaluation of time, cost, and quality. D. Analyze the data from interviews In this step, we specify the criteria of each BIM KPI, classify the KPIs into the four perspectives (as shown in Fig. 2), and analyze the KPIs by ordering and measuring their scores, as discussed above. The score measurement entails two types: quantitative and qualitative. 1) Quantitative, by using a 4-point scale: 4 (most effective), 3 (strongly effective), 2 (effective), 1 (less effective), and 0 (ineffective) 2) Qualitative, by using pass/reasonable and not pass/ unreasonable In this paper, we identify the minimum score of each KPI and each perspective from interviews by averaging the score. E. Verify the evaluation model The results are verified by the selected BIM organizations. Herein, we perform the reliability analysis [9] of the KPIs and select the CPIs by measuring a Cronbach s alpha coefficient. 76

3 The values on the 5-point Likert scale are used to evaluate the respondents ratings of indicators. The respondents are asked to rate the importance of these factors from 1 to 5: (1 - very unimportant, 2 - not important, 3 - neutral, 4 - important, and 5 - very important) Fig. 1 Research methodology Fig. 2 KPI classification III. RESULTS AND DISCUSSION A. BIM KPIs By reviewing documents, journals, and related theories which are necessary, we gather theories of evaluating the use of BIM and compile important factors for BIM implementation. Two main fundamental concepts for this research are as follows. 1) Important business theories are the appraisal of organization performance, the analysis of the cost and feasibility of an organization, the organizational assessment using critical success factors [8], balanced scorecard (BSC) [5]. All of these are used to design a questionnaire to gather the information about BIM goals of an organization. Each organization provides the expected purposes before using BIM and identifies BIM uses, which must relate to the purpose of BIM goals in the organization for analyzing the BIM KPIs. - BIM goals. The success of a BIM organization can be measured by first defining the goals for that organization. - BIM uses. This can be called a BIM service and function. It is a unique task in an organization where BIM is utilized to support the planning, design, construction, and operational processes. BIM uses must relate to the purpose of BIM goals and help achieve the goals, as shown in Fig BIM KPIs. To obtain the appropriate KPIs for assessing the success of an organization, the organization's strategies must be specified. A set of KPIs may vary according to BIM goals and BIM uses, which are determined in the previous steps. Thus, a set of KPIs should be capable of determining whether or not the goals have been achieved and of measuring the effects derived when specific BIM uses are implemented. 77

4 shows the ranking of the results of BIM KPIs (qualitative). TABLE II Ranking BIM KPIs (quantitative) Fig. 3 Relationship of BIM goals and BIM uses 2) The reliability analysis is applied to a selfassessment questionnaire by using the correlation coefficients. The average result will be called a Cronbach s alpha coefficient. Table I shows the KPIs related to the performance evaluation of using BIM in an organization, which are collected from the literature review. TABLE I BIM KPIs and description TABLE II (Continue) Ranking BIM KPIs (quantitative) B. Ranking the BIM KPIs The results from the interviews with the BIM organizations are different from the BIM KPIs shown in Table I. According to the BIM organizations, important indicators that influence the BIM performance are identified. Table II shows the ranking of the BIM KPIs (quantitative) and Table III TABLE III Ranking BIM KPIs (qualitative) 78

5 C. VERIFY THE RESULTS The above results are verified by the selected BIM organizations. They are tested by the reliability measurement using a Cronbach s alpha coefficient to screen the CPIs. The alpha levels are examined for each of the four perspectives: the financial perspective, the customer perspective, the business process perspective, and the learning & growth perspective. For each of the KPIs, the accepted value of Cronbach s alpha coefficient must be 0.70 or more. IV. CONCLUSIONS This paper investigates the important indicators that influence a model for evaluating the performance of BIM organizations. The three main factors are BIM goals, BIM uses and BIM KPIs to define the BIM CPIs, which is selected by ranking the results of BIM KPIs and identify the minimum score of each CPI and each perspective. These results can be used to assess the advantages and disadvantages of using BIM in organizations. Alternatively, any organization can use these results for benchmarking with other organizations to eventually maximize the benefits from the BIM execution in the organizations. V. REFERENCES 1. Lee, G., R. Sacks, and C.M. Eastman, Specifying parametric building object behavior (BOB) for a building information modeling system. Automation in Construction, (6): p Son, H., et al. The adoption of building information modeling in the design organization: An empirical study of architects in Korean design firms. in ISARC. Proceedings of the International Symposium on Automation and Robotics in Construction Vilnius Gediminas Technical University, Department of Construction Economics & Property. 3. Grilo, A. and R. Jardim-Goncalves, Value proposition on interoperability of BIM and collaborative working environments. Automation in Construction, (5): p Won, J. and G. Lee. Identifying the consideration factors for successful BIM projects. in Proceedings of the International Conference on Computing in Civil and Building Engineering, Nottingham Norton, R.S.K.a.D.P., Using the Balanced Scorecard as a Strategic Management System Editorial.Team, A., How Do You Know if BIM is Worth The Investment For Your Firm? Love, P.E.D., et al., From justification to evaluation: Building information modeling for asset owners. Automation in Construction, : p

6 8. Alias, Z., et al., Determining Critical Success Factors of Project Management Practice: A Conceptual Framework. Procedia - Social and Behavioral Sciences, : p Field, A., Discovering statistics using SPSS:(and sex and drugs and rock'n'roll)

PERFORMANCE MEASUREMENT OF RESIDENTIAL PROJECTS IN INDIA: A BALANCED SCORECARD APPROACH

PERFORMANCE MEASUREMENT OF RESIDENTIAL PROJECTS IN INDIA: A BALANCED SCORECARD APPROACH International Journal of Civil Engineering and Technology (IJCIET) Volume 7, Issue 6, November-December 2016, pp. 698 706, Article ID: IJCIET_07_06_077 Available online at http://www.iaeme.com/ijciet/issues.asp?jtype=ijciet&vtype=7&itype=6

More information

Decision Making Delays with Regard to IT Investments

Decision Making Delays with Regard to IT Investments Available online at www.sciencedirect.com Procedia - Social and Behavioral Sciences 40 ( 2012 ) 258 263 2012 International Conference of Asia Pacific Business Innovation and Technology Management Decision

More information

Measuring ERP Implementation Success with a Balanced Scorecard

Measuring ERP Implementation Success with a Balanced Scorecard with a Balanced Scorecard Journal: 23rd Americas Conference on Information Systems Manuscript ID AMCIS-0530-2017.R3 Track: 01. Accounting Information Systems (SIGASYS) Mini Track: Abstract: SIGASYS: Accounting

More information

Authentic Evaluation and Management Approach of OTOP Herbal Product of SMEs Entrepreneur in Western Region of Thailand

Authentic Evaluation and Management Approach of OTOP Herbal Product of SMEs Entrepreneur in Western Region of Thailand Authentic Evaluation and Management Approach of OTOP Herbal Product of SMEs Entrepreneur in Western Region of Thailand Jittapon Chumkate Faculty of Management Science, Silpakorn University, Phetchaburi,

More information

College Thrissur, Thrissur, India

College Thrissur, Thrissur, India International Journal of Engineering Research and Development e-issn: 2278-067X, p-issn: 2278-800X, www.ijerd.com Volume 8, Issue 3 (August 2013), PP. 07-13 Empirical Research on TQM Practices of Organizations

More information

The key performance indicators of the BIM implementation process

The key performance indicators of the BIM implementation process icccbe 2010 Nottingham University Press Proceedings of the International Conference on Computing in Civil and Building Engineering W Tizani (Editor) The key performance indicators of the BIM implementation

More information

Chapter 3. RESEARCH METHODOLOGY

Chapter 3. RESEARCH METHODOLOGY Chapter 3. RESEARCH METHODOLOGY In order to discover the final conclusion of this study, there were several steps to be conducted. This chapter contains the detailed steps of what has been done in this

More information

Data Quality Awareness as an Optimal Marketing Strategy: A Case Study of a Saudi Manufacturing Company. Mohammad Almotairi*

Data Quality Awareness as an Optimal Marketing Strategy: A Case Study of a Saudi Manufacturing Company. Mohammad Almotairi* World Journal of Social Sciences Vol. 3. No. 6. November 2013 Issue. Pp. 105 114 Data Quality Awareness as an Optimal Marketing Strategy: A Case Study of a Saudi Manufacturing Company Mohammad Almotairi*

More information

Working Paper Proceedings

Working Paper Proceedings Working Paper Proceedings 15 th Engineering Project Organization Conference with 5 th International Megaprojects Workshop Stanford Sierra Camp, California June 5-7, 2017 Robust Methodology to Learn Across

More information

The Journal of Applied Business Research March/April 2014 Volume 30, Number 2

The Journal of Applied Business Research March/April 2014 Volume 30, Number 2 The Impact Of Talent Management In Enhancing Organizational Reputation: An Empirical Study On The Jordanian Telecommunications Companies Ahmad Ali Salih, AI-Zaytoonah University of Jordan, Jordan Loay

More information

The Relationship Between Conflict Management Styles and Organizational Commitment: A Case of Sana'a University

The Relationship Between Conflict Management Styles and Organizational Commitment: A Case of Sana'a University American Journal of Science and Technology 2017; 4(4): 49-66 http://www.aascit.org/journal/ajst ISSN: 2375-3846 The Relationship Between Conflict Management Styles and Organizational Commitment: A Case

More information

10 Steps KPI System Template Checklist

10 Steps KPI System Template Checklist 10 Steps KPI System Template Checklist What is the subject of measurement? What do you want to measure? Who are the stakeholders? Who has an interest? 1. 2. 3. 4. 5. 6. Break-down the subject of measurement

More information

A PERFORMANCE STUDY OF PROJECT SUSTAINABILITY: REDUCING CONSTRUCTION WASTE THROUGH BIM

A PERFORMANCE STUDY OF PROJECT SUSTAINABILITY: REDUCING CONSTRUCTION WASTE THROUGH BIM A PERFORMANCE STUDY OF PROJECT SUSTAINABILITY: REDUCING CONSTRUCTION WASTE THROUGH BIM Mounir El Asmar, Ph.D., Assistant Professor, asmar@asu.edu School of Sustainable Engineering and the Built Environment,

More information

Impact of Relational Capital Management on Firm Performance. Ali Raza 1

Impact of Relational Capital Management on Firm Performance. Ali Raza 1 Impact of Relational Capital Management on Firm Performance Ali Raza 1 Abstract The aim of the article is to evaluate the influence of relational capital management on organizational performance. Data

More information

Education Quality Development for Excellence Performance with Higher Education by Using COBIT 5

Education Quality Development for Excellence Performance with Higher Education by Using COBIT 5 Education Quality Development for Excellence Performance with Higher Education by Using COBIT 5 Kemkanit Sanyanunthana Abstract The purpose of this research is to study the management system of information

More information

Building Information Modeling (BIM) in the Design Process

Building Information Modeling (BIM) in the Design Process Abstract Summary of the Master Thesis Master s Degree International Project Management (Building, Real Estate and Infrastructure) Building Information Modeling (BIM) in the Design Process Changes and challenges

More information

A Simple Multi-Criteria Selection Model to Set Boundary Sample for Auto Parts

A Simple Multi-Criteria Selection Model to Set Boundary Sample for Auto Parts 2011 International Conference on Management and Service Science IPEDR vol.8 (2011) (2011) ICSIT Press, Singapore Simple Multi-Criteria Selection Model to Set Boundary Sample for uto Parts Unchitha Kachawong

More information

Parametric Library Components for BIM-based Curtain Wall Design Automation Module

Parametric Library Components for BIM-based Curtain Wall Design Automation Module 33 rd International Symposium on Automation and Robotics in Construction (ISARC 2016) Parametric Library Components for BIM-based Curtain Wall Design Automation Module Beomjun Kim a and Sangyoon Chin b

More information

A New Approach for Construction Engineering Design Management Research Based on BIM LIU Qing 1, a

A New Approach for Construction Engineering Design Management Research Based on BIM LIU Qing 1, a International Conference on Education Technology, Management and Humanities Science (ETMHS 2015) A New Approach for Construction Engineering Design Management Research Based on BIM LIU Qing 1, a 1 Qinghai

More information

DEVELOPING AN ENTERPRISE RISK MANAGEMENT VALUE ENHANCING MODEL MANIFESTED THROUGH ECONOMIC VALUE ADDED ANALYSIS

DEVELOPING AN ENTERPRISE RISK MANAGEMENT VALUE ENHANCING MODEL MANIFESTED THROUGH ECONOMIC VALUE ADDED ANALYSIS DEVELOPING AN ENTERPRISE RISK MANAGEMENT VALUE ENHANCING MODEL MANIFESTED THROUGH ECONOMIC VALUE ADDED ANALYSIS MUHAMMAD KASHIF SHAD 1, FONG-WOON LAI 2 Department of Management and Humanities 1, 2 Universiti

More information

Performance Evaluation using the Balanced Scorecard: The case of Sri Lankan Universities

Performance Evaluation using the Balanced Scorecard: The case of Sri Lankan Universities World Review of Business Research Vol. 3. No. 4. November 2013 Issue. Pp. 125 137 Performance Evaluation using the Balanced Scorecard: The case of Sri Lankan Universities W.M.R.B. Weerasooriya* When considering

More information

INFORMATION TECHNOLOGY UTILIZATION IN EMPLOYEES EMPOWERMENT (EVIDENCE FROM IRAN)

INFORMATION TECHNOLOGY UTILIZATION IN EMPLOYEES EMPOWERMENT (EVIDENCE FROM IRAN) I J A B E R, Vol. 13, No. 5, (015): 3195-303 INFORMATION TECHNOLOGY UTILIZATION IN EMPLOYEES EMPOWERMENT (EVIDENCE FROM IRAN) Fariz Taheri Kia * and Tahereh Barzegar * Abstract: Today employees are the

More information

Leader-Member Exchange and Organizational Citizenship Behavior: A Survey in Iran's Food Industry

Leader-Member Exchange and Organizational Citizenship Behavior: A Survey in Iran's Food Industry Pacific Business Review International Volume 5 Issue 5 (November 2012) 13 Leader-Member Exchange and Organizational Citizenship Behavior: A Survey in Iran's Food Industry DR. ABBAS ALI RASTGAR*, NINA POUREBRAHIMI**,

More information

Development of Entrepreneurship in Complementary and Processing Industries in Khouzestan Province, Iran

Development of Entrepreneurship in Complementary and Processing Industries in Khouzestan Province, Iran International Journal of Agricultural Management and Development (IJAMAD) Available online on: www.ijamad.com ISSN: 2159-5852 (Print) ISSN:2159-5860 (Online) Development of Entrepreneurship in Complementary

More information

Development of a Model of Organizational Effectiveness Evaluation for Faculties of Education

Development of a Model of Organizational Effectiveness Evaluation for Faculties of Education Development of a Model of Organizational Effectiveness Evaluation for Faculties of Education Abstract Pattrawadee Makmee Chulalongkorn University, Thailand Siridej Sujiva Chulalongkorn University, Thailand

More information

SDLC AND MODEL SELECTION: A STUDY

SDLC AND MODEL SELECTION: A STUDY SDLC AND MODEL SELECTION: A STUDY V. Therese Clara Asst professor of Computer Science, Madurai Kamaraj University College, Madurai, India ABSTRACT In the software industry, the frequency of failure of

More information

Evaluation methods matrix a tool for customized IT investment evaluation

Evaluation methods matrix a tool for customized IT investment evaluation Evaluation methods matrix a tool for customized IT investment evaluation Przemysław Lech, University of Gdańsk, Faculty of Business Administration, 81-824 Sopot, ul. Armii Krajowej 101, Poland, e-mail:

More information

Strategic Thinking of Managers in the Private Sport Clubs

Strategic Thinking of Managers in the Private Sport Clubs Journal of Industrial Strategic Management Aug. 2016, Vol. 1, No. 2, 27-34 Islamic Azad University, Firoozkooh Branch Strategic Thinking of Managers in the Private Sport Clubs Mohammad Ali Jahandideh PhD

More information

MANAGERIAL PROCESS STANDARDIZATION THROUGH ILLUSTRATIVE CASE STUDY

MANAGERIAL PROCESS STANDARDIZATION THROUGH ILLUSTRATIVE CASE STUDY MANAGERIAL PROCESS STANDARDIZATION THROUGH ILLUSTRATIVE CASE STUDY Younghan Jung 1 and Thomas Mills 2 1 Department of Construction Management and Civil Engineering, Georgia Southern University, Statesboro,

More information

Journal of Theoretical and Applied Information Technology 20 th August Vol.78. No JATIT & LLS. All rights reserved.

Journal of Theoretical and Applied Information Technology 20 th August Vol.78. No JATIT & LLS. All rights reserved. THE INFLUENCE OF INTERNAL SYSTEM, EXTERNAL SYSTEM AND ETHIC TO THE SATISFACTION OF USER SYSTEM AND FINANCIAL INFORMATION QUALITY ALONG WITH THE PERFORMANCE OF FINANCIAL ACCOUNTING INFORMATION SYSTEM AT

More information

Influence of Human Resource Management Practices on the Performance of Small and Medium Enterprises in Kisumu Municipality, Kenya

Influence of Human Resource Management Practices on the Performance of Small and Medium Enterprises in Kisumu Municipality, Kenya International Journal of Business and Social Science Vol. 4 No. 1; January 2013 Influence of Human Resource Management Practices on the Performance of Small and Medium Enterprises in Kisumu Municipality,

More information

PERFORMANCE EVALUATION OF LEAN CONSTRUCTION PROJECTS BASED ON BALANCED SCORECARD

PERFORMANCE EVALUATION OF LEAN CONSTRUCTION PROJECTS BASED ON BALANCED SCORECARD Shuquan L., Xiuyu W., Shaopei H. and Benzhe H., 2015. Performance evaluation of lean construction projects based on balanced scorecard. In: Proc. 23rd Ann. Conf. of the Int l. Group for Lean Construction.

More information

BALANCE SCORECARD. Introduction. What is Balance Scorecard?

BALANCE SCORECARD. Introduction. What is Balance Scorecard? BALANCE SCORECARD Introduction In this completive world where techniques are change in nights, it s very hard for an organization to stay on one technique to grow business. To maintain the business performance

More information

LIFECYCLE MANAGEMENT OF INFORMATION TECHNOLOGY (IT) PROJECTS IN CONSTRUCTION

LIFECYCLE MANAGEMENT OF INFORMATION TECHNOLOGY (IT) PROJECTS IN CONSTRUCTION LIFECYCLE MANAGEMENT OF INFORMATION TECHNOLOGY (IT) PROJECTS IN CONSTRUCTION A thesis submitted in fulfilment of the requirements for the award of the degree of Doctor of Philosophy by RODNEY ANTHONY STEWART

More information

Management Science Letters

Management Science Letters Management Science Letters 3 (2013) 1547 1552 Contents lists available at GrowingScience Management Science Letters homepage: www.growingscience.com/msl An empirical investigation on the effects of spiritual

More information

Shahzad Khan (Lecturer City University of Science & IT Peshawar, Pakistan)

Shahzad Khan (Lecturer City University of Science & IT Peshawar, Pakistan) Publisher: Asian Economic and Social Society ISSN: 2225-4226 Volume 2 Number 6, June (2012) Role of Transactional and Relational Contract in Employee Turnover Intention (A Study of Business Affiliated

More information

Available online at ScienceDirect. Procedia Economics and Finance 18 ( 2014 )

Available online at  ScienceDirect. Procedia Economics and Finance 18 ( 2014 ) Available online at www.sciencedirect.com ScienceDirect Procedia Economics and Finance 18 ( 2014 ) 505 512 4th International Conference on Building Resilience, Building Resilience 2014, 8-10 September

More information

A feasibility evaluation on the outsourcing of quality testing and inspection

A feasibility evaluation on the outsourcing of quality testing and inspection Available online at www.sciencedirect.com International Journal of Project Management 27 (2009) 89 95 www.elsevier.com/locate/ijproman A feasibility evaluation on the outsourcing of quality testing and

More information

Performance Appraisal System using Multifactorial Evaluation Model

Performance Appraisal System using Multifactorial Evaluation Model Performance Appraisal System using Multifactorial Evaluation Model C. C. Yee, and Y.Y.Chen International Science Index, Information and Communication Engineering waset.org/publication/2353 Abstract Performance

More information

International Conference on Management Science and Management Innovation (MSMI 2015)

International Conference on Management Science and Management Innovation (MSMI 2015) International Conference on Management Science and Management Innovation (MSMI 2015) Evaluation on the Synergistic Effect of Production, Sales and R & D after Enterprise's M & A Xin Mei 1,a, Yun-Mei Li

More information

Practice at UVa. & Chief Financial Officer

Practice at UVa. & Chief Financial Officer Management Methodologies in Practice at UVa Balanced Scorecard Gary Nimax, Office of the Vice President & Chief Financial Officer Six Sigma Priscilla Shuler, Quality Performance & Improvement, Medical

More information

BUILDING INFORMATION MODELING (BIM) ROLES IN THE MALAYSIAN CONSTRUCTION INDUSTRY

BUILDING INFORMATION MODELING (BIM) ROLES IN THE MALAYSIAN CONSTRUCTION INDUSTRY Sustainable Solutions in Structural Engineering and Construction Edited by Chantawarangul, K., Suanpaga, W., Yazdani, S., Vimonsatit, V., and Singh, A. Copyright 2014 ISEC Press ISBN: 978-0-9960437-0-0

More information

BALANCED SCORECARD FOR ALIGNING IT STRATEGY WITH BUSINESS STRATEGY IN AN ENERGY COMPANY

BALANCED SCORECARD FOR ALIGNING IT STRATEGY WITH BUSINESS STRATEGY IN AN ENERGY COMPANY BALANCED SCORECARD FOR ALIGNING IT STRATEGY WITH BUSINESS STRATEGY IN AN ENERGY COMPANY Faisal Rachmadianto 1 1 School of Business Management ITB faisalr@sbm-itb.ac.id Abstract. In this paper, we look

More information

A Development of Key Performance Indicators for the Public R&D of Energy Technology using Balanced Scorecard Approach

A Development of Key Performance Indicators for the Public R&D of Energy Technology using Balanced Scorecard Approach , 23-25 October, 2013, San Francisco, USA A Development of Key Performance Indicators for the Public R&D of Energy Technology using Balanced Scorecard Approach Deok Joo Lee, Sung-Joon Park, Kyung-Taek

More information

Using of the Balanced Scorecard for Performance Evaluation: Empirical Evidence from the Listed Corporations in the Palestine Exchange (PEX)

Using of the Balanced Scorecard for Performance Evaluation: Empirical Evidence from the Listed Corporations in the Palestine Exchange (PEX) International Journal of Business and Management; Vol. 11, No. 3; 2016 ISSN 1833-3850 E-ISSN 1833-8119 Published by Canadian Center of Science and Education Using of the Balanced Scorecard for Performance

More information

At the end of the programme, the participants should be able to:- Understand the real meaning and importance of KPIs and KRAs to the organisation

At the end of the programme, the participants should be able to:- Understand the real meaning and importance of KPIs and KRAs to the organisation PROGRAMME OBJECTIVES At the end of the programme, the participants should be able to:- Understand the real meaning and importance of KPIs and KRAs to the organisation Link PMS to KPIs and KRAs by having

More information

An Introduction to the Green IT Balanced Scorecard as a Strategic IT Management System from An Environmental Perspective

An Introduction to the Green IT Balanced Scorecard as a Strategic IT Management System from An Environmental Perspective An Introduction to the Green IT Balanced Scorecard as a Strategic IT Management System from An Environmental Perspective Authors: Yulia Wati; Chulmo Koo Chosun University South Korea Go green??? Source:

More information

High-performers Required Competencies in Automobile Industry

High-performers Required Competencies in Automobile Industry High-performers Required Competencies in Automobile Industry JUI-MIN HSIAO¹, DAVORIN KRALJ 2 Department of Applied Economics and management, National Ilan university, TAIWAN¹, Faculty of Organizational

More information

CURRICULUM VITA. Jaeheum Yeon, Ph.D.

CURRICULUM VITA. Jaeheum Yeon, Ph.D. CURRICULUM VITA Jaeheum Yeon, Ph.D. Assistant Professor Construction Engineering Program Department of Engineering and Technology College of Science and Engineering Texas A&M University-Commerce Commerce,

More information

PMI-PBA Certification. Vito Madaio, PMP, TSPM 2016 April, 18th

PMI-PBA Certification. Vito Madaio, PMP, TSPM 2016 April, 18th PMI-PBA Certification Vito Madaio, PMP, TSPM 2016 April, 18th Topics What is Business Analysis Business Analysis Certification PMI-PBA Prep Course Q&A Business Analysis Certification PBA-Prep Online -

More information

Available online at ScienceDirect. Procedia Engineering 123 (2015 ) Creative Construction Conference 2015 (CCC2015)

Available online at  ScienceDirect. Procedia Engineering 123 (2015 ) Creative Construction Conference 2015 (CCC2015) Available online at www.sciencedirect.com ScienceDirect Procedia Engineering 123 (2015 ) 370 378 Creative Construction Conference 2015 (CCC2015) Evaluating the impact level of design errors in structural

More information

Perception of Waiting Time in Queues and Effects on Service Quality Perception and Satisfaction: A Research on Airline Check-in Services

Perception of Waiting Time in Queues and Effects on Service Quality Perception and Satisfaction: A Research on Airline Check-in Services Perception of Waiting Time in Queues and Effects on Service Quality Perception and Satisfaction: A Research on Airline Check-in Services Ozlem Atalik (Anadolu University, Turkey) Emircan Ozdemir (Anadolu

More information

RELEVANCE OF STRATEGIC MANAGEMENT IN ICT BASED SMALL AND MEDIUM ENTERPRISES

RELEVANCE OF STRATEGIC MANAGEMENT IN ICT BASED SMALL AND MEDIUM ENTERPRISES Symposium of the 2016, London, U.K. RELEVANCE OF STRATEGIC MANAGEMENT IN ICT BASED SMALL AND MEDIUM ENTERPRISES *Note: Do not include the author(s) names and information as this document will be blind

More information

The Relationships among Organizational Climate, Job Satisfaction and Organizational Commitment in the Thai Telecommunication Industry

The Relationships among Organizational Climate, Job Satisfaction and Organizational Commitment in the Thai Telecommunication Industry The Relationships among Organizational Climate, Job Satisfaction and Organizational Commitment in the Thai Telecommunication Industry Sanguansak Bhaesajsanguan Candidate DBA Commercial College, Burapha

More information

International Journal of Economics, Commerce and Management United Kingdom Vol. VI, Issue 2, February 2018

International Journal of Economics, Commerce and Management United Kingdom Vol. VI, Issue 2, February 2018 International Journal of Economics, Commerce and Management United Kingdom Vol. VI, Issue 2, February 2018 http://ijecm.co.uk/ ISSN 2348 0386 THE INFLUENCE OF MOTIVATION FACTORS TO WORK SATISFACTION AND

More information

INFRASTRUCTURE OF COSTING MODERN SYSTEMS (ACTIVITY-BASED COSTING) IN THE OIL INDUSTRY

INFRASTRUCTURE OF COSTING MODERN SYSTEMS (ACTIVITY-BASED COSTING) IN THE OIL INDUSTRY ISSN: 0976-2876 (Print) ISSN: 2250-0138(Online) INFRASTRUCTURE OF COSTING MODERN SYSTEMS (ACTIVITY-BASED COSTING) IN THE OIL INDUSTRY AKRAM MOBARAKI 1a AND SAEIDEH SARKAMARYAN b a Department of Accounting,

More information

Assessing global performance in universities: an application of balanced scorecard

Assessing global performance in universities: an application of balanced scorecard Available online at www.sciencedirect.com Procedia - Social and Behavioral Sciences 46 ( 2012 ) 4793 4797 WCES 2012 Assessing global performance in universities: an application of balanced scorecard Carlotta

More information

TIPS PREPARING AN EVALUATION STATEMENT OF WORK ABOUT TIPS

TIPS PREPARING AN EVALUATION STATEMENT OF WORK ABOUT TIPS NUMBER 3 2 ND EDITION, 2010 PERFORMANCE MONITORING & EVALUATION TIPS PREPARING AN EVALUATION STATEMENT OF WORK ABOUT TIPS These TIPS provide practical advice and suggestions to USAID managers on issues

More information

Bangkok Proceedings of the International Colloquium on Business & Management (ICBM) 2007.

Bangkok Proceedings of the International Colloquium on Business & Management (ICBM) 2007. I n t e r n a t i o n a l C o l l o q u i u m o n B u s i n e s s & M a n a g e m e n t Bangkok 007 Proceedings of the International Colloquium on Business & Management (ICBM) 007. 9th-nd November 007,

More information

THE INFLUENTIAL OF ORGANIZATIONAL LEADERSHIP AND LEARNING ON INFORMATION TECHNOLOGY PERFORMANCE

THE INFLUENTIAL OF ORGANIZATIONAL LEADERSHIP AND LEARNING ON INFORMATION TECHNOLOGY PERFORMANCE THE INFLUENTIAL OF ORGANIZATIONAL LEADERSHIP AND LEARNING ON INFORMATION TECHNOLOGY PERFORMANCE Ruslan Romli Universiti Utara Malaysia Assistant Professor Dr School of Technology Management & Logistics,

More information

LEADERSHIP AND LAW FIRM SUCCESS: A STATISTICAL ANALYSIS. Laurie Bassi, Ph.D. and Daniel McMurrer, M.P.P. February 2008

LEADERSHIP AND LAW FIRM SUCCESS: A STATISTICAL ANALYSIS. Laurie Bassi, Ph.D. and Daniel McMurrer, M.P.P. February 2008 LEADERSHIP AND LAW FIRM SUCCESS: A STATISTICAL ANALYSIS Laurie Bassi, Ph.D. and Daniel McMurrer, M.P.P. February 2008 The quality of leadership within law firms has, for the first time, been shown statistically

More information

The perception of Agricultural Researchers about the Role of Nanotechnology in Achieving Food Security

The perception of Agricultural Researchers about the Role of Nanotechnology in Achieving Food Security African Journal of Biotechnology Vol. 9(37), pp. 6152-6157, 13 September, 2010 Available online at http://www.academicjournals.org/ajb ISSN 1684 5315 2010 Academic Journals Full Length Research Paper The

More information

Applied Research Briefing on KPI and Smart Cities

Applied Research Briefing on KPI and Smart Cities Applied Research Briefing on KPI and Smart Cities Calvin Kam PhD, AIA, PE, LEED AP Adjunct Professor Center for Integrated Facility Engineering, Stanford University calvin.kam@stanford.edu Founder & CEO

More information

Procedia - Social and Behavioral Sciences 230 ( 2016 )

Procedia - Social and Behavioral Sciences 230 ( 2016 ) Available online at www.sciencedirect.com ScienceDirect Procedia - Social and Behavioral Sciences 230 ( 2016 ) 136 141 3 rd International Conference on New Challenges in Management and Organization: Organization

More information

Impact of corporate governance framework on the organizational performance

Impact of corporate governance framework on the organizational performance IOSR Journal of Business and Management (IOSR-JBM) e-issn: 2278-487X, p-issn: 2319-7668. Volume 16, Issue 1. Ver. II (Jan. 2014), PP 73-78 Impact of corporate governance framework on the organizational

More information

Pharmacy Leadership Development: A case study of JCI accredited private hospitals in Thailand

Pharmacy Leadership Development: A case study of JCI accredited private hospitals in Thailand Original Article Mahidol University Journal of Pharmaceutical Sciences 2015; 42 (1), 14-22 Pharmacy Leadership Development: A case study of JCI accredited private hospitals in Thailand L. Anuratpanich

More information

Diffusion of motor systems energy efficiency measures: an empirical study within Italian manufacturing SMEs

Diffusion of motor systems energy efficiency measures: an empirical study within Italian manufacturing SMEs Available online at www.sciencedirect.com ScienceDirect Energy Procedia 75 (2015 ) 2569 2574 The 7 th International Conference on Applied Energy ICAE2015 Diffusion of motor systems energy efficiency measures:

More information

Using Human Resource Management and Knowledge Management to Drive Competitive Advantage

Using Human Resource Management and Knowledge Management to Drive Competitive Advantage Using Human Resource Management and Knowledge Management to Drive Competitive Advantage A Requisite Complementary Relationship to Drive Competitive Advantage for Organizations Abdoul K. Conde Student,

More information

The Critical Success Factors Influencing the Quality of Accounting Information Systems and the Expected Performance

The Critical Success Factors Influencing the Quality of Accounting Information Systems and the Expected Performance International Journal of Economics and Finance; Vol. 9, No. 12; 2017 ISSN 1916-971X E-ISSN 1916-9728 Published by Canadian Center of Science and Education The Critical Success Factors Influencing the Quality

More information

Knowledge Management Practices in Small Enterprises

Knowledge Management Practices in Small Enterprises Management Practices in Small Enterprises Onwika Kaewchur 1+ and Kongkiti Phusavat 2 1 Faculty of Engineering, Kasetsart University, Bangkok, Thailand 2 Center of Advanced Studies in Industrial Technology,

More information

Section 404 of the Sarbanes-Oxley

Section 404 of the Sarbanes-Oxley M A N A G E M E N T management tools Assessing the Control Environment Using a Balanced Scorecard Approach By Joseph H. Callaghan, Arline Savage, and Steven Mintz Section 404 of the Sarbanes-Oxley Act

More information

Title: POSSIBILITIES OF IMPLEMENTATION OF THE BALANCED SCORECARD METHOD IN HIGHER EDUCATION

Title: POSSIBILITIES OF IMPLEMENTATION OF THE BALANCED SCORECARD METHOD IN HIGHER EDUCATION Title: POSSIBILITIES OF IMPLEMENTATION OF THE BALANCED SCORECARD METHOD IN HIGHER EDUCATION Abbreviations: BSC Balanced Scorecard HEI Higher Education Institution KPI Key Performance Indicators KSF Key

More information

Assessment and recommendations for effective HR service delivery model implementation for organizations

Assessment and recommendations for effective HR service delivery model implementation for organizations Assessment and recommendations for effective HR service delivery model implementation for organizations Business Joanna J. Harrop Joanna J. Harrop M.B.A., M.A. Cass Business School, United Arab Emirates

More information

A Study of Role of Building Information Modeling in Life Cycle Based Integrated Project Delivery Process

A Study of Role of Building Information Modeling in Life Cycle Based Integrated Project Delivery Process A Study of Role of Building Information Modeling in Life Cycle Based Integrated Project Delivery Process Saravanan S M.E. final year in Construction Engineering and Management Meenakshi Sundararajan Engineering

More information

2 the most pivotal areas of management research and it has become an interdisciplinary domain which advancement is subject to the contributions made b

2 the most pivotal areas of management research and it has become an interdisciplinary domain which advancement is subject to the contributions made b 1 Organizational Learning Capacity And Organizational Effectiveness: The Moderating role of Absorptive Capacity Andrew C. Ologbo Faculty of Management, Universiti Teknologi Malaysia (UTM), 81310 Skudai,

More information

Integration Mgmt / Initiating Process Group 4.1 Develop Project Charter

Integration Mgmt / Initiating Process Group 4.1 Develop Project Charter 1 Mgmt / Initiating Process Group 4.1 Develop Project Charter Project statement of work Business Case Contract Enterprise environmental factors Project charter Expert judgement 26/02/2013 18:22:56 1 2

More information

Module 1 Introduction. IIT, Bombay

Module 1 Introduction. IIT, Bombay Module 1 Introduction Lecture 1 Need Identification and Problem Definition Instructional objectives The primary objective of this lecture module is to outline how to identify the need and define the problem

More information

THE USAGE OF BALANCED SCORECARD IN EVALUATING THE EFFECTIVENESS OF CONTRACTOR PERFORMANCE APPRAISALS IN HEAVY OIL OPERATING UNIT OF PT.

THE USAGE OF BALANCED SCORECARD IN EVALUATING THE EFFECTIVENESS OF CONTRACTOR PERFORMANCE APPRAISALS IN HEAVY OIL OPERATING UNIT OF PT. THE USAGE OF BALANCED SCORECARD IN EVALUATING THE EFFECTIVENESS OF CONTRACTOR PERFORMANCE APPRAISALS IN HEAVY OIL OPERATING UNIT OF PT. CDE Sjamsuddin Pontoh 1 1 School of Business and Management, Bandung

More information

Chapter 2 Literature Review

Chapter 2 Literature Review Chapter 2 Literature Review There are four sections in this chapter. The first section is about evaluation criteria. Relevant studies about evaluation criteria for supplier selection will be reviewed in

More information

TEACHING BUILDING INFORMATION MODELLING IN AN ARCHITECTURAL SCHOOL

TEACHING BUILDING INFORMATION MODELLING IN AN ARCHITECTURAL SCHOOL F. Madeo and M. A. Schnabel (eds.), Across: Architectural Research through to Practice: 48 th International Conference of the Architectural Science Association 2014, pp. 421 432. 2014, The Architectural

More information

Chapter 6 Knowledge Management Assessment of an Organization

Chapter 6 Knowledge Management Assessment of an Organization Chapter 6 Knowledge Management Assessment of an Organization Becerra-Fernandez, et al. -- Knowledge Management 1/e -- 2004 Prentice Hall Additional material 2009 Dekai Wu Chapter Objectives Examine why

More information

ISSN AnggreinyTatuil, The Impact of Service...

ISSN AnggreinyTatuil, The Impact of Service... THE IMPACT OF SERVICE QUALITY AND TRUST TO CUSTOMER LOYALTY THROUGH CUSTOMER SATISFACTION AT BANK BCA MANADO by: AnggreinyTatuil Faculty of Economics and Business, International Business Administration

More information

Ascertaining Dimensions of Organizational Learning Capabilities (OLC) in Academic Library

Ascertaining Dimensions of Organizational Learning Capabilities (OLC) in Academic Library Ascertaining Dimensions of Organizational Learning Capabilities (OLC) in Academic Library Mohd Shamsul Mohd Shoid Faculty of Information Management, Universiti Teknologi MARA (UiTM), MALAYSIA shamsul_shoid@yahoo.com

More information

Development of a Motivation to Lead Scale. Patrick Boss, Nicole Giauque, Hélène Michelle Vaso University of Zurich, Dept. of Applied Psychology

Development of a Motivation to Lead Scale. Patrick Boss, Nicole Giauque, Hélène Michelle Vaso University of Zurich, Dept. of Applied Psychology Development of a Motivation to Lead Scale Patrick Boss, Nicole Giauque, Hélène Michelle Vaso University of Zurich, Dept. of Applied Psychology 40 th International Applied Military Psychology Symposium,

More information

Measurement Model of Evaluation Utilization: External Evaluation

Measurement Model of Evaluation Utilization: External Evaluation Available online at www.sciencedirect.com Procedia - Social and Behavioral Sciences 00 (01) 000 000 Procedia Social and Behavioral Sciences www.elsevier.com/locate/procedia International Conference on

More information

CEO PERFORMANCE PLANNING & APPRAISALS

CEO PERFORMANCE PLANNING & APPRAISALS CEO PERFORMANCE PLANNING & APPRAISALS CEO PERFORMANCE PLANNING & APPRAISALS OPPORTUNITY FOR ENHANCED BRIEF DESCRIPTION OF REPORT OR PARTNERSHIP BETWEEN HOSPITAL INSERT BOARDS FROM REPORT AND THEIR HERE

More information

Integration Evaluation Framework for Integrated Design Teams of Green Buildings: Development and Validation

Integration Evaluation Framework for Integrated Design Teams of Green Buildings: Development and Validation Integration Evaluation Framework for Integrated Design Teams of Green Buildings: Development and Validation Rahman Azari 1 and Yong-Woo Kim 2 1 Assistant Professor, College of Architecture, Construction

More information

International Balanced Scorecard

International Balanced Scorecard BALANCED SCORECARD INSTITUTE EMEA THE STRATEGY EXECUTION COMPANY International Balanced Scorecard Certi cation Master Class How to create and Sustain High Performance using the balanced scorecard institute

More information

THE EFFECT OF GENERAL CONTROLS OF INFORMATION SYSTEM AUDITING IN THE PERFORMANCE OF INFORMATION SYSTEMS :FIELD STUDY

THE EFFECT OF GENERAL CONTROLS OF INFORMATION SYSTEM AUDITING IN THE PERFORMANCE OF INFORMATION SYSTEMS :FIELD STUDY THE EFFECT OF GENERAL CONTROLS OF INFORMATION SYSTEM AUDITING IN THE PERFORMANCE OF INFORMATION SYSTEMS :FIELD STUDY Mansour Naser ALraja Assistant Professor of Management Information Systems, Jerash University-Jordan

More information

CGEIT Certification Job Practice

CGEIT Certification Job Practice CGEIT Certification Job Practice Job Practice A job practice serves as the basis for the exam and the experience requirements to earn the CGEIT certification. This job practice consists of task and knowledge

More information

Performance Management, Balanced Scorecards and Business Intelligence: Alignment for Business Results

Performance Management, Balanced Scorecards and Business Intelligence: Alignment for Business Results Performance Management, Balanced Scorecards and Business Intelligence: Alignment for Business Results Introduction The concept of performance management 1 is not a new one, though modern management constructs

More information

BUS 247 HUMAN RESOURCE MANAGEMENT

BUS 247 HUMAN RESOURCE MANAGEMENT BUS 247 HUMAN RESOURCE MANAGEMENT PRESENTED AND APPROVED: MAY 4, 2012 EFFECTIVE: FALL 2012-13 Prefix & Number BUS 247 Course Title: Human Resource Management Purpose of this submission: update to new form

More information

A study of performance management system in IBM

A study of performance management system in IBM Business and Management Research Journal Vol. 7(2): 19-24, February 2017 Available online at http://resjournals.com/journals/research-in-business-and-management.html ISSN: 2026-6804 2017 International

More information

Management Science Letters

Management Science Letters Management Science Letters (1) 66 674 Contents lists available at GrowingScience Management Science Letters homepage: www.growingscience.com/msl A study on effect of world trade organization on Iran's

More information

PHD THESIS - SUMMARY STUDY REGARDING MANAGEMENT IMPROVEMENT OF SPORT CLUBS PRIVATE LEGAL ENTITIES

PHD THESIS - SUMMARY STUDY REGARDING MANAGEMENT IMPROVEMENT OF SPORT CLUBS PRIVATE LEGAL ENTITIES BABEŞ-BOLYAI UNIVERSITY THE FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION DEPARTMENT OF MANAGEMENT PHD THESIS - SUMMARY STUDY REGARDING MANAGEMENT IMPROVEMENT OF SPORT CLUBS PRIVATE LEGAL ENTITIES PhD

More information

PRACTICES FOR DESIGNING AND IMPROVING CONSTRUCTION SUPPLY CHAIN MANAGEMENT

PRACTICES FOR DESIGNING AND IMPROVING CONSTRUCTION SUPPLY CHAIN MANAGEMENT PRACTICES FOR DESIGNING AND IMPROVING CONSTRUCTION SUPPLY CHAIN MANAGEMENT Diego Vinicius Souza de Souza 1 and Lauri Koskela 2 ABSTRACT This paper aims at proposing a set of practices for designing and

More information

The Evaluation of Automotive and Spare Parts Companies by Balanced Scored Card Approach and Data Envelopment Analysis

The Evaluation of Automotive and Spare Parts Companies by Balanced Scored Card Approach and Data Envelopment Analysis International Research Journal of Applied and Basic Sciences 0 Available online at www.irjabs.com ISSN -88X / Vol, (S): 77-779 Science Explorer Publications The Evaluation of Automotive and Spare Parts

More information

Development of a Finnish patient safety culture survey (TUKU) and evaluation methodology

Development of a Finnish patient safety culture survey (TUKU) and evaluation methodology Development of a Finnish patient safety culture survey (TUKU) and evaluation methodology Teemu Reiman and Elina Pietikäinen Teemu.reiman@vtt.fi, elina.pietikainen@vtt.fi Background our premises Patient

More information

Proceedings of the 5th WSEAS International Conference on Economy and Management Transformation (Volume I)

Proceedings of the 5th WSEAS International Conference on Economy and Management Transformation (Volume I) Collaborative management in consumer goods supply chain. Using balanced scorecard in aligning the strategic performance between a manufacturer and a retailer Professor VIRGIL POPA PhD, Associate professor

More information

Minimising Material Waste by Utilising BIM and Set-based Design in the Structural Design of Reinforced Concrete Slabs

Minimising Material Waste by Utilising BIM and Set-based Design in the Structural Design of Reinforced Concrete Slabs Minimising Material Waste by Utilising BIM and Set-based Design in the Structural Design of Reinforced Concrete Slabs Abstract Considering the significant amount of material wasted in the construction

More information