Companies need innovation to increase their market share and profit margin. Innovation is the successful product put on the market using a new idea. At the beginning of the process, it is not simple to evaluate if the novelty will be or not an innovation. It is in general after launching and selling the new product that the innovation level can be assessed. This paper addresses one main issue: ...

Pilot projects appear in many forms in policy making and management. In an effort to understand the nature and use of pilot projects and improve their effectiveness, we undertake a practicebased and theoretical study of the pilot project phenomenon. First, we examine the roles assigned to pilot projects in the policy development literature and explore their use in a Dutch water innovation platf...

Knowledge management is “a method that simplifies the process of sharing, distributing, creating, capturing and understanding the company knowledge.” Knowledge itself “is a fluid mix of framed experience, values, contextual information and expert insight that provide a framework for evaluation and incorporating new experience and new information.” Furthermore, “knowledge passes through differen...

ERP is a packaged software solution that addresses the enterprise needs taking the process view of an organization to meet the organizational goals tightly integrating all functions of an enterprise. It is a set of application software that integrates manufacturing, finance, sales, distribution, HR and other business functions with a single comprehensive database that collects data from and fee...

Monte Carlo simulation has been used extensively for addressing probabilistic uncertainty in range estimating for construction projects. However, subjective and linguistically expressed information results in added non-probabilistic uncertainty in construction management. Fuzzy logic has been used successfully for representing such uncertainties in construction projects. In practice, an approac...

The financial and economic crisis has had an adverse impact on the Lithuania’s economy and construction industry. The GDP of Lithuania grew slightly in 2010, in contrast to a decrease of 14.7% in 2009. Lithuania’s GDP increased from 1.3% in 2010 to 4.6% in 2011. Annual GDP growth decreased from its highest point of 6.7%, reached in the third quarter, to 4.4% in the last quarter of 2011 [1,2]. S...

Information Mining (also known as Knowledge Discovery Process) is a growing discipline in continuous expansion. Most of the progress accomplished, are focus on the development activities (i.e. those technical activities associated with the comprehension and adaptation of data, and the implementation of data mining algorithm). According to this conceptual framework, several process models were d...

Decisions are made everyday in construction processes based on incomplete information, assumptions and the personal experience of the construction professionals. Project changes and/or adjustments are inevitable as they are a fact-of-life at all stages of a project’s life cycle. Managing changes effectively is crucial to the success of a construction project. Change management in construction r...

Due to the particular importance of projects in human life and in organizations, proper project management has been always regarded highly by researchers and practitioners. Recent advances in technology and fundamental changes in most scientific areas have affected projects and made their nature and environmental circumstances much more complex than in the past. Fortunately, in recent years, ma...