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1. |
Prioritizing risk events of a large hydroelectric project using fuzzy analytic hierarchy process
, Pages: 107-120 Nehal Elshaboury PDF (650K) |
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Abstract: The existence of hydroelectric plants along Amazon River tributaries is a solution to satisfy the energy demand in Brazil. However, these plants are subjected to multiple risk events because of the geographic and socioeconomic characteristics of this region. In helping to address these escalating challenges, this paper presents a framework that assesses the risk events of service packs relevant to the plant. This framework presents a transparent approach for prioritizing risk events in large projects. The weights of importance of risk events are estimated using the fuzzy analytic hierarchy process. Chang’s extent analysis method takes into consideration the vagueness and imprecision of subjective human judgments. The convergence of decisions is evaluated using two aggregation approaches, namely the maximum-minimum method based on an arithmetic mean and a geometric mean. The performances of the original and modified extent analysis methods are compared using group Euclidean distance and distance between weights metrics. The degree of similarity between the evaluation metrics is examined using Spearman’s rank correlation coefficient and average overlap approaches. Due to the inconsistency of the reported results, the final rankings of the aggregation approaches are determined using a new aggregated multiple criteria decision making method. The results indicate that the original extent analysis method using the maximum-minimum method (arithmetic mean) is the best aggregation method. A Santo Antonio hydroelectric plant in Brazil is used to demonstrate the application of the proposed framework. DOI: 10.5267/j.jpm.2021.4.002 Keywords: Prioritization, Risk events, Service packs, Hydroelectric project, Fuzzy analytic hierarchy process, Aggregation methods
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Open Access Article | |||
2. |
Critical success factors for human resource management of construction project
, Pages: 121-132 Sepideh Leilaee and Javad Rezaeian PDF (650K) |
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Abstract: The characterization of project critical success factors is a multidimensional construction that relies upon numerous components. This investigation analyzes the various criteria and components that impact the accomplishment of the tasks in the human resource region of the development project. This examination utilizes a comparative method, the analytic network process method is used to recognize the significant weight of models lastly, the positioning is finished by the Technique for Order of Preference by Similarity to Ideal Solution technique, to analyze 27 critical success factors in the human resource management in project, and thinks about a wide scope of progress rules and basic achievement factors. The outcomes and assessment of specialists illustrate, select increasing trust and certainty among employees and project team managers, and it has the most effect on the accomplishment of Human Resource Management in projects. Contributing to these factors will improve the effectiveness of the activities. DOI: 10.5267/j.jpm.2021.4.001 Keywords: Critical Success Factors, Project Management, Human Resource Management, Multi-criteria decision making
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Impact of project management certification on project performance
, Pages: 133-142 Ahmed Aslam and Atif Bilal PDF (650K) |
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Abstract: In general, certified project management professionals are perceived to enhance project performance. However, this narrative has quite often been challenged in previous literature. We investigate this controversy by including professionalism and psychological capital as intervening variables. The research is based on an empirical survey of certified project managers in the region of Rawalpindi/Islamabad. 373 data samples were collected and further analyzed on the basis of critical success factor theory. The impact of project management certification along with intervening variables were hypothesized and validated to have direct and indirect relationships with project performance. Responses from certified project management professionals in the region of Rawalpindi/Islamabad support the perception but reflect that professionalism plays a supporting role between certification and performance. However, the study dismisses the role of psychological capital between professionalism and performance. We conclude that project management institutes and associations should ensure professionalism in the certification process to actually enhance project performance. The findings contribute to the body of knowledge in predicting improved project management performance by employing certified project managers with strong professional skills. Consequently, the research will help professional institutes to review the conformity of the required professional skills rather than just focusing on just passing an exam. DOI: 10.5267/j.jpm.2021.3.001 Keywords: Project management certification, Project management, Professionalism, Psychological capital, Project performance
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4. |
Modeling projects interdependencies to measure their synergic impacts on a project portfolio
, Pages: 143-156 Mohammad Mahdi Nabati and Maryam Ashrafi PDF (650K) |
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Abstract: One of the most critical factors used to evaluate the efficiency of the portfolio selection process is the ability of the model to measure interdependencies among projects. Varieties of interactions among projects lead to several kinds of synergies in the whole portfolio, such as re-sources and knowledge interdependencies. There are few studies focused on project portfolio selection accompanied by modeling and estimating the impact of synergies between projects. Hence, this paper presents a model to select the best project portfolio applying a particular model to measure the effects of several types of interdependencies between paired projects. Then, the Promethee II method is used to prioritize projects. Then, the portfolio selection model, which is a non-linear integer model, is solved to find the best set of projects. Finally, numerical examples are addressed to illustrate the method results and validity. DOI: 10.5267/j.jpm.2021.2.003 Keywords: Project Interdependencies, Project Portfolio Selection, Resources Interdependency, Knowledge Interdependency, Technical Interdependency
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5. |
An investigation into the factors causing international development project failure in developing countries: Focus on Afghanistan
, Pages: 157-170 Nasir Ahmad Shafiei and K. Puttanna PDF (650K) |
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Abstract: This study aims to identify and evaluate the perception of major stakeholders on factors causing International Development Project (IDP) failure in the context of Afghanistan. The study adopts a quantitative cross-sectional survey research design. Thirty significant IDP failure factors included in the questionnaire were identified and shortlisted through literature reviews and validated by experts and IDP management practitioners. The survey was conducted using a structured questionnaire to investigate the most significant IDP failure factors, and various statistical tools were employed to evaluate the perception of the survey respondents. RII was used to examine the relative importance index of each failure factor. The failure factors were then grouped into five categories: Financial constraints, Ineffective recruitment, External forces, Project leadership, and Project management practices using EFA. The findings of the study will help the international development community and their IDP implementing partners, INGs and project management practitioners manage IDPs proactively and mitigate the risks of project failure. It will also contribute to the IDP management body of knowledge. The research is the first of its kind to examine the possible factors causing IDP failure in Afghanistan. DOI: 10.5267/j.jpm.2021.2.002 Keywords: International Development Projects (IDPs), Failure Factors, Relative Importance Index (RII), Developing countries
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