Theoretical Paper

Journal of the Operational Research Society (2009) 60, 797–809. doi:10.1057/palgrave.jors.2602605 Published online 21 May 2008

Operations management of new project development: innovation, efficient, effective aspects

A H I Lee1, H H Chen2 and H-Y Kang3

  1. 1Chung Hua University, Hsinchu, Taiwan
  2. 2Macau University of Science and Technology, Macau
  3. 3National Chin-Yi University of Technology, Taiping, Taichung, Taiwan

Correspondence: HH Chen, Avenida Wai Long Road, Taipi, Macau, China. E-mail: hhchen2910@yahoo.com

Received September 2006; Accepted January 2008; Published online 21 May 2008.

Top

Abstract

The integration of distribution management systems (DMS) and feeder management systems (FMS) in China has become a trend in recent years, in addition to upgrading and rebuilding the existing energy management system and DMS. However, some management methods are different and contradictory, thus result in obstacles to innovation and effectiveness. Thus, firms still struggle to find effective process management that is associated with innovative project operations. In addition, there is no standard method to evaluate information technology (IT) projects, and at least 40% of IT projects realize no benefits. It is astonishing that none of the above-mentioned issues have been addressed or solved by previous literatures. In order to fill the vacancy, this paper first briefly introduces FMS and determines its critical success criteria, and then proposes suitable forms of organization for knowledge management. It also applies process management methods according to knowledge creation mode and maturity of the project. Finally, an analytic network process associated with benefits, opportunities, costs, and risks is constructed to compare the performance of different FMS projects with and without adopting the proposed methodology.

Keywords:

feeder management systems, analytic network process, knowledge management, benefits, opportunities, costs and risks

Extra navigation

.

Society resources

ADVERTISEMENT
JORS-Link to full archive