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Competitive Advantage Strategy of Construction Duration by SWOT Analysis  

Kim, Sun-Kuk (경희대학교 토목건축대학)
Lee, Hyun-Soo (서울대학교 건축학과)
Ryu, Han-Guk (서울대학교 건축학과)
Publication Information
Korean Journal of Construction Engineering and Management / v.7, no.2, 2006 , pp. 109-117 More about this Journal
Abstract
Recent rapid changes such as construction market reduction, lowest bidding system of construction cost, five days per week system, and post-construction sale system are inevitably accelerating the competitiveness between construction companies. Those rapid changes of construction environment require construction companies, which are main participants of construction industry, to adapt to the changes and more to lead new construction environment. However, there are many construction uncertainties which could delay construction completion. Without the proper identification of construction uncertainties, structured strategy establishment and management of construction schedule, the competitive advantages of construction duration could not be made. Thus this paper limited the research boundary to construction duration competitiveness instead of general strategy establishment. Recognizing the importance of proper calculation of construction duration, requirements of construction duration reduction and limited researches related to construction schedule strategy, we established the 25 strategies for construction duration competitivenss by internal and external construction environment analysis and SWOT analysis, and then elicited the first considerations to accomplish the strategies through concensus of all the staffs by questionnaire, brainstroming and face-to-face interviews.
Keywords
SWOT Analysis; Strategy; Uncertainty; Construction Duration Competitiveness; Construction Duration; Construction Industry;
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