Title A Study on the Success Factors Related to the Performance of Power Plant Engineering Projects
Authors Suh, Jaeho ; Lee, Dongmyung
DOI https://dx.doi.org/10.6106/KJCEM.2024.25.2.011
Page pp.11-22
ISSN 2005-6095
Keywords Power Plant; Plant Engineering; Project Management; Analytical Hierarchy Process
Abstract Power plant engineering industry obtains EPC plan project and delivers results about electricity, measurement, machinery, and piping and so on. Its works are taken by projects. Although power plant engineering composes 2~5% of whole EPC project cost, it’s one of the fundamentals because it affects process after planning step a lot. However, domestic power plant engineering companies’ project performance ability is insufficient and there’s a need for systematic performance. Thus, this study defined related factors of successful performance and analyzed the priority among them through analytical hierarchy process. All respondents recognized experience, knowledge, and communication as important factors. Administrators considered knowledge, experience, and communication. But hands-on workers considered experience, knowledge, human resources. Those who have experience in oversea project considered process, experience, human resources. However those who don’t have experience in oversea project considered knowledge, experience, and communication. Recognition of important factors varies by the position and work experience of members.