Business, Management and Accounting
8 years ago

Revolutionizing cost management: Sequential BPM application boosts efficiency in construction industry

Journal of Construction Engineering and Project Management
Business Process Evaluation and Case Study for Sequential Application of BPM
Young-Woong Song, Hyung-Chul Lim, Yoon-Ki Choi

Paper Summary

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The article discusses how applying Business Process Management (BPM) in the construction industry can be challenging due to rapid changes in operations. The researchers suggest focusing on core strategies and individual tasks rather than the entire enterprise. They propose a BPM model to evaluate each business unit based on specific criteria. A sequential application plan for the BPM model is also presented. A case study on cost management shows that implementing BPM can improve efficiency and ease in business processes.