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1 – 10 of over 19000The essential investments in new product development (NPD) made by industrial companies entail effective management of NPD activities. In this context, performance measurement is…
Abstract
The essential investments in new product development (NPD) made by industrial companies entail effective management of NPD activities. In this context, performance measurement is one of the means that can be employed in the pursuit of effectiveness.
This study aims to develop a synthetic knowledge repository consisted of interrelated Web Ontology Language.
Abstract
Purpose
This study aims to develop a synthetic knowledge repository consisted of interrelated Web Ontology Language.
Design/methodology/approach
The ontology composes the main framework to categorize data of product life cycle with eco-design mode (PLC-EDM) and automatically infer specialists’ knowledge for data confirmation, eventually assisting the utilizations and generation of strategies toward decision-making
Findings
(i) utilization of a novel model with ontology mode for information reuse cross the different eco-design applications; (ii) generation of a sound platform toward life cycle evaluation; and (iii) implementation of the PLC-EDM model along the product generation process.
Research limitations/implications
It cannot substitute an evaluation tool of life cycle. Certainly, this model does not predict the “target and range” and/or the depiction of the “utility module” that are basic activities in life cycle assessments as characterized through the international organization for standardization regulations.
Practical implications
As portion of this framework, a prototype Web application is presented which is applied to produce, reuse and verify knowledge of product life cycle.
Social implications
By counting upon the ontology, the information conducted by the utilization is certainly semantically represented to promote the data sharing among various participants and tools. Besides, the data can be verified against possible faults by inferring over the ontology. Hence, a feasible way to a popular topic in the domain of eco-design applications extension in the industry.
Originality/value
The goals are: to lean on rigid modeling principles; and to promote the interoperability and diffusion of the ontology toward particular utilization demands.
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Vassilis Serafeimidis and Steve Smithson
Numerous information system evaluation methodologies have been proposed in the literature. However, most of them suffer from a number of inherited disabilities originating in the…
Abstract
Numerous information system evaluation methodologies have been proposed in the literature. However, most of them suffer from a number of inherited disabilities originating in the nature of their fundamental principles as well as the nature of information systems evaluation. Uses evidence from the evaluation literature and two case studies to address the multiple dimensions for evaluation practices. We focus on the context, content and process of information systems evaluation as a source of organisational change. We found a noticeable gap between the recent theoretical work on IS evaluation and the practices within the case study organisations. This was not due to any lack of knowledge but was attributed to contextual variables such as the organisational culture and the power of important stakeholder groups.
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Paul Beynon‐Davies, Ian Owens and Michael D. Williams
In this paper, we consider the synergy between two areas of information system (IS) literature: that concerned with the evaluation of IS and that concerned with explaining the…
Abstract
In this paper, we consider the synergy between two areas of information system (IS) literature: that concerned with the evaluation of IS and that concerned with explaining the phenomenon of IS failure. On the basis of an analysis of both areas, a model is presented which attempts to integrate IS evaluation into the life cycle of IS development. The model links the issue of failure assessment with the evaluation process and constitutes a strategy for stimulating organisational learning in relation to IS development. The paper concludes with a description of our attempts to validate aspects of the model and plans for further empirical work in this area.
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Luiz Guilherme Rodrigues Antunes, Fernando Freire Vasconcelos, Camila Maria de Oliveira and Hamilton Luiz Corrêa
The purpose of this paper is to develop a performance evaluation framework designed exclusively to look at startups' reality.
Abstract
Purpose
The purpose of this paper is to develop a performance evaluation framework designed exclusively to look at startups' reality.
Design/methodology/approach
This paper is exclusively theoretical, however, with the application of the Delphi method. For the application of this method, the framework was transformed in a questionnaire with closed- and open-ended questions, which is applied to 12 experts in this theme. A pre-test of the instrument was carried out, and the analysis was developed by sum.
Findings
As a result, the framework presents a cyclic format, encompassing the strategy, goal, modules, indicators, actions and evaluation of the performance assessment method, using a spiral format, and assigning the time variable.
Research limitations/implications
This research contributes for the advance of performance assessment methods that consider organizations' life cycle and for the assessment of startups, for presenting an exclusive tool in this context.
Practical implications
The results can contribute as a potential management tool with an integrative, recursive and continuous character. It has the potential to imply the behavior and capabilities of managers, given their difficulties in managing their business.
Originality/value
As originality of the work, the use of the organization life cycle stands out to compose a performance evaluation process, which has not yet been addressed in the performance literature.
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Konstantinos J. Liapis, Dimitrios D. Kantianis and Christos L. Galanos
The main purpose of this paper is the incorporation of life-cycle costs (LCC) and whole-life costing (WLC) method and the taxation environment into the investment appraisal…
Abstract
Purpose
The main purpose of this paper is the incorporation of life-cycle costs (LCC) and whole-life costing (WLC) method and the taxation environment into the investment appraisal procedure for commercial real property projects.
Design/methodology/approach
The paper initially presents the methodologies of LCC and WLC together with the NPV measure for the evaluation of real estate investments. These methods are incorporated into a decision-making model using mathematical approaches. The model is applied to a typical commercial property project (office building) in order to explore the significance of impacts from changes in structured variables and the taxation environment by introducing direct, indirect and property taxes in the evaluation of commercial real estate projects.
Findings
Testing of the methodology on the Greek economic environment revealed that time, cost, the tax regime, the financial variables of funding and the monetary and fiscal environment in a commercial real property project are the main variables of net present value (NPV) of the investment.
Practical implications
From the calibration of any impact from affected variables, decision-making aiding tools can be extracted for controlling the project throughout its entire life-cycle.
Originality/value
An integrated WLC mathematical model for the investment appraisal of commercial property projects is introduced. The herein proposed methodology contributes to taxation policy and real estate theory in general and assists industry professionals in effective commercial property management and decision-making.
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Ali Tighnavard Balasbaneh, Abdul Kadir Bin Marsono and Emad Kasra Kermanshahi
The purpose of this study is to describe life cycle cost (LCC) and life cycle assessment (LCA) evaluation for single story building house in Malaysia. Two objective functions…
Abstract
Purpose
The purpose of this study is to describe life cycle cost (LCC) and life cycle assessment (LCA) evaluation for single story building house in Malaysia. Two objective functions, namely, LCA and LCC, were evaluated for each design and a total of 20 alternatives were analyzed. Two wall schemes that have been adopted from two different recent studies toward mitigation of climate change require clarification in both life cycle objectives.
Design/methodology/approach
For this strategic life cycle assessment, Simapro 8.3 tool has been chosen over a 50-year life span. LCC analysis was also used to determine not only the most energy-efficient strategy, but also the most economically feasible one. A present value (PV)-based economic analysis takes LCC into account.
Findings
The results will appear in present value and LC carbon footprint saving, both individually and in combination with each other. Result of life cycle management shows that timber wall−wooden post and beam covered by steel stud (W5) and wood truss with concrete roof tiles (R1) released less carbon emission to atmosphere and have lower life cycle cost over their life span. W5R1 releases 35 per cent less CO2 emission than the second best choice and costs 25 per cent less.
Originality/value
The indicator assessed was global warming, and as the focus was on GHG emissions, the focus of this study was mainly in the context of Malaysian construction, although the principles apply universally. The result would support the adoption of sustainable building for building sector.
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Junxiao Liu, Peter E.D. Love, Jim Smith, Michael Regan and Monty Sutrisna
This paper reviews the normative literature of performance measurement within the context of Public-Private Partnerships (PPPs). The purpose of this paper is to examine the…
Abstract
Purpose
This paper reviews the normative literature of performance measurement within the context of Public-Private Partnerships (PPPs). The purpose of this paper is to examine the effectiveness of current ex post evaluations of PPPs and identify a feasible direction to comprehensively and effectively measure the performance of PPP infrastructure projects.
Design/methodology/approach
An in-depth literature review is conducted in this paper. The focus of the review is associated with the general performance measurement and performance measurements of PPPs.
Findings
This paper identifies that conventional ex post evaluation is not robust enough to measure the performance of PPP projects. Based on the characteristics of PPPs, the life-cycle (process-based) evaluation under performance measurement system is a promising approach to comprehensive and effective PPP performance measurement.
Practical implications
The outcomes of this paper can be used as a theoretical base for the development of PPP performance measurement framework.
Originality/value
Performance measurement is essential to business success, whether it is at the organisation or project level. Limitations on public funds have encouraged more and more governments across the world to use PPPs to procure economic and social infrastructure projects. Similar to traditional procurement, ex post evaluation is being widely used in PPP projects. However, PPPs are more complicated than other traditional procurement approaches. Exploration of literature suggests that limited research has been undertaken to examine if conventional ex post evaluation is sufficient to measure the performance of PPPs. This paper will bridge this significant knowledge gap.
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China's urbanization is a traditional development way of high energy consumption, low efficiency and extensive type. The resulting ecological environment damage and other problems…
Abstract
China's urbanization is a traditional development way of high energy consumption, low efficiency and extensive type. The resulting ecological environment damage and other problems seriously restrict the healthy and sustainable development of the city. Based on this, aiming at the complexity of the system, the multi-objective classification matrix method of fuzzy decision was selected, and the life cycle assessment model of the urban innovation ecosystem under the background of new urbanization in China was constructed. The research on the innovative ecological system planning of a heavy industrial city was carried out, and the wall was greening in the top space of the building. In the town planning, wind energy, solar power system, green corridor and ground floor were designed. Practice has proved that introducing innovative ecosystem into urbanization has played an important role in purifying urban air, increasing urban greening, improving energy structure and air pollution.
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This paper focuses on a conceptual methodology for an integrated simulation model dubbed as dynamic simulation modelling system (DSMS) for proactive and optimal decision making…
Abstract
This paper focuses on a conceptual methodology for an integrated simulation model dubbed as dynamic simulation modelling system (DSMS) for proactive and optimal decision making within a project management framework. Due to the uncertainties in project environment, the technical and operational functionality of a facility needs to be assessed during development and operation phases of the project. The simulation model is used for optimising the investment decisions vis‐à‐vis evaluation of functionalities on project facilities in early stages of the project. Project life cycle objective functions (LCOFs) are employed as a set of decision criteria throughout the project’s life. The discussion is being extended on the need for setting up an integrated and user‐friendly model to encompass the processes in the entire life cycle of the project. Details of the system are described and a hypothetical case study is used to demonstrate its capabilities. Possible extensions are then outlined. The C++ programming language in association with the object‐oriented database management system is used to achieve the aforementioned objectives.
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