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http://dx.doi.org/10.6106/KJCEM.2017.18.6.003

Analysis of Perception Difference between Domestic and International Engineering Firms -Focusing on the Competitiveness of International PMC Market-  

Jang, Woosik (Department of Civil Engineering, Chosun University)
Lee, Baul (Department of Civil and Environmental Engineering, Yonsei University)
Kim, Yeonsoo (Department of Civil and Environmental Engineering, Yonsei University)
Han, Seung Heon (Department of Civil and Environmental Engineering, Yonsei University)
Publication Information
Korean Journal of Construction Engineering and Management / v.18, no.6, 2017 , pp. 3-12 More about this Journal
Abstract
In recent years, Project Management Consultant(PMC) project has been emerging as a high-value-added engineering project. However, domestic engineering firms have difficulties in entering the overseas PMC market because of poor project performance and lack of PMC capabilities. To overcome these limitations, this study analyzes the key competitiveness factors for successfully performing the global PMC projects. PMC competency factors based on Porter's double diamond theory were extracted, and a questionnaire survey was conducted on domestic and overseas engineering firms. In addition, the important PMC competency factors were derived through paired t-test and IPA matrix analysis. As a result, the PMC competitiveness of domestic engineering firms was analyzed as around 60% compared to that of global engineering firms. Furthermore, 'PMC track records' and 'project management/owner response skills' were identified as top priority competency factors which are the most necessary factors for present domestic engineering firms. This study is expected to support to establish the international PMC market entry strategies by providing priorities of key competitiveness factors.
Keywords
International PMC Project; Engineering Firms; Competitiveness; Double Diamond Model; Perception Difference; Strategy;
Citations & Related Records
Times Cited By KSCI : 6  (Citation Analysis)
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