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An Analysis of Risk Factors of a Construction Project through Execution Plan  

Park Young-Min (부경대학교 대학원 건설관리공학협동과)
Kim Soo-Yong (부경대학교 건설공학부)
Kim Ki-Young (한진중공업(주))
Publication Information
Korean Journal of Construction Engineering and Management / v.6, no.2, 2005 , pp. 139-149 More about this Journal
Abstract
The major purpose of construction project management is to meet defined targets(scope or quality) on schedule and budget. Korean construction industry is suuering from lower productivity as compared to other industry sectors. 'Management software' of the construction industry has not been developed as fast as hardware in the aftermath of compressed economic development following the Korean War. Therefore, this study is intended to compare project execution at planning phase and at completion phase and identifying the risk factor of construction projects. Construction projects are more extensive and long-winding than any other projects and stake holders of complex interests are often involved. In this study, we identified and analyzed risk factor for domestic building construction projects and outputs of this study will be conducive to the improvement of construction management processes in the future.
Keywords
Project management; productivity; execution analysis; S-Curve;
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