• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.245-250
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• 2001

Nowadays, there has been extreme competition due to market reduction in the domestic construction industry. In this situation, Korean construction companies are focused in the area of planning development housing project, which should maximize profit for a project. The most important step in this project is the business planning stage which judge whether it could come true or not. Each company has its own planning process model, but there hasn't been any standard model for the business planning process. To solve this problem in Korean construction companies, this study identifies the existing business planning process in the domestic construction companies finds out its problems, and suggests solutions for thorn. And Finally a business planning process model is proposed for success in development housing projects.

• Korean Journal of Construction Engineering and Management
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• v.12 no.5
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• pp.63-70
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• 2011

This research outlined the factors influencing the business management success via analyzing a survey of business principles. The research process has been tested in comparison of both financial factors, which come out of objective data and non-financial factors so relevantly prioritized by combining these factors. In order to specify the factors, a check-list and analyzed essential features of category have done with interviews and surveys. As consequently proceeding, the authors could deduce that non-financial but analytic factors such as business doable, technician workability, compensation and benefits etc. play major roles in construction sector. The outcomes consider a construction business as fundamental human labor job as opposed to a manufacture business. On reasoning necessarily more objective research works to be done as developing this research's outcome, it is meaningful in suggesting the pivotal factors influencing the construction business management. Therefore, this research is expected to guide the direction to induce the improvement of business management to be done by further exemplary researches.

• Proceedings of the Korea Information Processing Society Conference
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• 2001.04b
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• pp.1109-1112
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• 2001

우리 나라의 건설산업은 건설시장 개방으로 외국기업과의 경쟁체제 돌입이 불가피하고, 건설정책과 각종 행정규제의 급변으로 대응전략 수립이 불가피하다. 또한, 건설정보의 통합관리체제의 부재와 건설통합시스템의 미구축, 그리고 정보 공유와 공공정보 공개 마인드의 미성숙으로 인하여 적극적인 대처가 불가능한 실정이다. 따라서 본 논문에서는 건설업체, 설계사무소, 감리업체 등이 안고 있는 제반 현황을 고찰하여 건설CALS 구현방안을 제시 이를 건설정보통합시스템에 적용하기 위하여 국내 건설분야 ISO 9000 규격의 활용 실태를 파악하고, 해외 각국에서 ISO 9000 규격의 활용관련 자료를 분석하여 국제기준 및 국내 건설환경에 적합한 기능규격을 설정하여 건설업체에 적용하였다.

• Korean Journal of Construction Engineering and Management
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• v.6 no.1 s.23
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• pp.151-161
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• 2005

This paper analyzes the technical efficiencies of 38 Korean engineering and construction firms and the efficiency changes from 1999 to 2003 using data envelopment analysis (DEA). Best practice firms in terms of technical efficiency and profit are identified. For inefficient firms, performance targets to be efficient are suggested. Technical efficiencies had been increased over the five year period, and the efficiency difference between firms had been reduced during this period. The differences in efficiency due to the differences in cooperate governance structures are statistically significant. In addition, the technical efficiency is correlated with product portfolios, degree of subcontract, rates of value added, returns on invested capital, and EBITDA.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.32 no.5D
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• pp.493-498
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• 2012

Korean construction companies have maintained stable market share based on high technology and cost competitiveness although international construction market has been stalled due to increasing global economy uncertainties. However, Korean construction companies have relied heavily on the general types of projects in Middle East and Asia although the portion of different types of projects such as Build-Transfer-Operate (BTO), Build-Transfer-Lease (BTL), and Public-Private-Partnership (PPP) has been increasing in the market. When delivering huge projects requiring contractors deal with activities from project planning to operation, securing finance sources and profitability is deemed critical. Therefore, Korean construction companies need more attentions on the construction market supported by Multilateral Development Banks. However, Korean construction companies have not utilized effective strategies for the market entry and also government supportive policies are not useful enough to help construction companies. This study aims both to analyze the contract structure of Korean construction companies for presenting critical factors that need to be prepared and to suggest various methods that can be applied to support construction companies that have much interest in the Multilateral Development Banks. According to the results of study, it is important that Korean government provide structural information system, make a specialized organization, prevent over-heating among Korean construction companies, and collaborate with Official Development Agency. In addition, it appeared that the fairness and financial stability of project have recognized main advantages of the Multilateral Development Banks.

• Journal of the Korea Institute of Building Construction
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• v.22 no.3
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• pp.305-316
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• 2022

Domestic construction companies have difficulty in establishing strategies when entering overseas markets because they do not have an overseas construction economic sentiment index to refer to for data on overseas construction prospects. Considering that the fluctuation of overseas construction orders over the past decade has been substantial and large companies and SMEs are actively advancing overseas, this study developed an evaluation model for an overseas construction business sentiment index to grasp the economic experience of overseas construction companies. In 2021 Korean companies earned 30.6 billion in overseas construction contracts, 87% the level of the previous year, despite difficulties such as COVID-19 and low oil prices, thanks to efforts by construction companies to strengthen their strategies for entry, such as regional diversification, and government support for winning orders. Since the overseas construction industry fluctuates greatly due to changes in the international environment, it is necessary to investigate and analyze the economic sentiment index of overseas construction companies. In particular, despite the increase in overseas expansion of small and medium-sized construction companies and engineering companies, the provision of information on the overseas construction market sentiment index is insufficient, limiting the establishment of strategies for overseas construction expansion. Therefore, this study intends to develop an overseas construction market sentiment index model that can understand the economic sentiment of overseas construction companies, provide a forecast for overseas construction, and use it to establish overseas construction strategies and policies.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2007.11a
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• pp.652-655
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• 2007

Due to stagnation of domestic market, increasing number of domestic construction companies started to make inroads into foreign market recently. Yet compared to domestic market, there are much more risks in the foreign market which companies may confront. So deliberate and rational decision making skills are required. Accordingly, there has been many researches which analyzed the risk of individual markets and also studies covering decision support models. In this study, we suggest a model concerning financial issues when branching out into a new market, specially in the construction companies' point of view. For this we used a real options game which shows real competition status of a new market and deduced a feature of that market, Upon these results, we also suggest a model which helps firms to decide whether investing in the expansion is smart action or not. The model developed in this study is made in specific circumstances of limited conditions. The future study makes more realistic models considering subjects like disproportion in information and generalization of competing companies.

• Korean Journal of Construction Engineering and Management
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• v.9 no.6
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• pp.225-234
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• 2008

The engineering competitiveness of domestic construction companies is 70$\sim$80% of advanced countries. And Korean' companies fall behind China and South-East Asia in a competitive price. Recently, there are increased the amount of overseas order received in Korean construction companies. But, there is not enough the supporting policy of government. Therefore, this research compared and analyzed the competitiveness of domestic construction companies throughout benchmarking support system of overseas construction in advanced companies. Such research was obtained through business trip & consultation with related specialists for the difficulties of domestic companies in advancing into overseas market. This research provided governmental plans to advance into overseas market. First, this research provided assurance system and connected plan of ODA(Official Development Assistant) in construction. Second, this research suggested the improvement of overseas marketing survey and overseas construction marketing center. Third, this research provided the support system of bidding information and the training system of professionals.

• Proceedings of the Korea Water Resources Association Conference
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• 2018.05a
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• pp.36-36
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• 2018

세계 물 시장은 지속적으로 성장하고 있는 추세로 현대경제연구원에서는 연 평균 5.5%씩 성장할 것이라고 예측한 바 있다. 또한 국내 수자원 개발은 거의 포화 상태에 도달하여 수자원 기업들이 해외 수자원 산업진출을 다각적으로 추진하고 있으므로 해외 수자원 사업에 대한 관심이 더욱 커질 전망이다. 해외 수자원 산업에서 국내 기업이 어려움을 겪는 부분 중 하나는 타당성 조사로 개발도상국에서 좋은 품질의 기상 및 수문 관측 자료를 확보하는 것이 어렵기 때문이다. 국내 기업들이 진출한 주요 해외 시장은 아시아와 아프리카이며, 진출 사례가 많은 아시아 지역에는 비교적 기상 및 수문자료 확보가 용이하나, 아프리카 지역은 자료의 확보가 어려운 상황이다. 특히 아프리카 지역은 수자원 현황이 열악하고 개발가능성이 높아 향후 국내 기업의 진출이 활발할 것으로 예측되는 지역으로 수자원 산업 진출을 위한 기상 및 수문자료 확보를 위한 노력이 필요하다. 본 연구에서는 해외 수자원 산업 진출의 기초자료 확보를 위해 아프리카 지역의 기상, 지형, 토양자료를 수집하고 수문자료 생산을 위한 지표수문해석 모델의 적용성을 평가하였다. 지표수문해석 모델로는 국내외에서 전지구 규모 수문해석에 활용성이 높다고 알려진 VIC (Variable Infiltiration Capacity)를 활용하였으며, 물수지 모의를 수행하였다. 기상, 지형, 토양자료는 미국 CPC (Climate Prediction Center), UMD(University of Maryland), FAO (Food and Agriculture Organization)의 전 지구 자료를 활용하였다. 아프리카 주요 유역에 대한 VIC 모델 적용성 평가결과 유출해석의 정확도가 유의미한 것으로 나타났다. 본 연구에서는 아프리카 대륙 규모의 기상, 지형, 토양자료를 확보하고 수문자료 생산 체계를 구축하였으며, 연구결과가 향후 국내 수자원 기업의 해외진출 및 전 지구 규모 수문연구의 기초자료로 활용될 수 있다는 점에서 가치가 있다.

• Korean Journal of Construction Engineering and Management
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• v.12 no.4
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• pp.3-10
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• 2011

Knowledge has been one of the key factors influencing the companies' competitive power. Domestic construction industries have introduced Knowledge Management from 1990s around major construction companies. However, construction organizations have recently give a skeptical response about Knowledge Management. The existing Knowledge Management in construction industries does not satisfy the demands of workers. Furthermore it makes workers do double business. Therefore, this study investigates the workers' satisfaction of Knowledge Management, and becomes the preliminary study to suggest how to improve Construction Knowledge Management.