• Korean Journal of Construction Engineering and Management
• /
• v.15 no.5
• /
• pp.127-137
• /
• 2014

Project Financing (PF) development project is the type which influences national economy and building industry largely because it is exerted by using borrowed money from many kinds of investors and huge amount of financial raising. Many domestic PF projects are focused mainly on the profit maximization lacking in a sufficient feasibility study. Nowadays many projects are suspending due to the global finance debacle and stagnation of real estate industry. Therefore, in this paper, risk factors of PF project are deducted and Key Success Factors (KSFs) are derived through Factor-Analysis and qualified using Fuzzy-AHP method. And through the evaluation of the derived success factors in real projects, a strong correlationship has been identified between the score of each PF success factor and the level of success and/or expected rate of return (ROR). So, the result of this paper can help decision makers of the PF projects make a better decision and give a meaningful guidance in achieving successful PF projects.

• Korean Journal of Construction Engineering and Management
• /
• v.23 no.3
• /
• pp.56-65
• /
• 2022

This study tried to identify the key success factors of ABC by identifying the influence of ABC's success factors on project performance and analyzing the moderating effect of communication. For this purpose, factors applicable to construction projects were extracted through case studies related to the success factors of ABC, an activity-based financial management technique. The survey method was conducted as an online survey method using the Delphi method. For statistical analysis, frequency analysis and factor analysis were performed with SPSS Statistic 20, and hypothesis testing was performed with SmartPLS 2.0. As a result of the analysis, it was found that linkage with quality initiatives affects not only ABC's success factors on project performance, but also communication moderation effects. It was confirmed that linkage and communication with quality initiatives are the most important key success factors for ABC's success. Based on the results of this study, it is expected that if ABC and quality management are well linked, it will be effective in improving project performance.

• Journal of the Korea Convergence Society
• /
• v.11 no.7
• /
• pp.231-238
• /
• 2020

In the case of ICT-enabled organizational changes such as Smart Work, appropriate change management is required. To achieve work-life balance, organizational change management should be conducted from both a structural and a cultural perspective. This study looked at organizational factors that affect Smart Work facilitation through a case study with the view of ICT-enabled change management. From November to December 2019, eight Smart Workers of Company A were interviewed and analyzed for organizational support. The results show that structural support such as institutionalization, ICT infrastructure office environment improvement, Smart Work center as well as cultural support such as enhancing autonomy, communicating style of managers, trusting organizational climate are required. The findings suggest balanced organizational support to provide cultural support along with structural support for activating Smart Work operations. In the future, it is necessary to demonstrate the causality between structural/cultural support factors and outcome factors.

• Korean Journal of Construction Engineering and Management
• /
• v.13 no.2
• /
• pp.147-155
• /
• 2012

Recently, various construction projects are invested with plenty capital, manpower and resources. The advanced methods of the construction management is introduced to Korea. However, the cases which get involved in excessive cost frequently occur. We can explain it means that the cost management in the entire phases and the risk factors in its works has not been done yet as expected. Thus, it is necessary to unearth risk factors relative to cost management and analyse them for preventing cost-increasing and the success of projects. In this point of view, this study aims to identify the risk factors of the cost management focused on pre-construction stages from the perspective of construction management which is possible to take part in the whole phases and works in cost management. Also, the impact priority and grade of risk factors to cost-increasing are evaluated by using FMEA.

• Korean Journal of Construction Engineering and Management
• /
• v.11 no.1
• /
• pp.88-100
• /
• 2010

As the competition between companies are deepened, the number of companies adopting six sigma principles, which is one of the innovative management strategies, are increasing. According to this trend, the changes in both strategies and methodologies of six sigma are continuous. However, the evaluations and the management principles included in the process after the six sigma applications are insufficient, and the cooperation between the parties in the company is also not enough because the application process of six sigma is too complex and not efficient. In order to solve this problem, a research for developing the methodology which can learn about and do six sigma applications is so necessary, specifically for expanding the six sigma applications and introducing the participation of all company members. The purpose of this study, therefore, was to develop and present more efficient Six Sigma applied process by reducing the existing unnecessary steps in improvement one, by applying the examination method of wasteful elements on the potential factors, through analyzing the Six Sigma DMAIC applied case in the construction industry. The result of those application showed that the detection of potential factors using wasting elements was possible in measurement step and that it was possible for the improved process with reduced steps compared to existing process while to remain the outcomes. It is considered that the performance rate of Six Sigma project will be improved significantly because the reduction in the improvement step does not affect the improvement effect within the whole Six Sigma project.

• Korean Journal of Construction Engineering and Management
• /
• v.5 no.1 s.17
• /
• pp.71-79
• /
• 2004

In the stage of feasibility study of urban rehabilitation projects, the precise forecast of physical and environmental changes has great influence on the further transaction of the projects. However, various important decision makings are made by the experience and intuition of the person-in-charge in practice without the process and method for systematic and quantitative analysis. In spite of various qualitative influent factors on the projects, the feasibility studies are made by the result of economic analysis only, which often lead the projects to the crucial deficit. The main reasons of such a mal-functional transaction are due to the absence of the reasonal procedure of feasibility study and decision making reflecting the characteristics of urban rehabilitation projects. The objective of this paper is to propose feasibility study processes and decision making methods in relation to various influent factors on urban rehabilitation projects in the initial stage. The goal and process of every analysis stage and the pertinent factors and decision makings are analyzed and proposed through the survey of current research, a case study, interview with the professionals. The processes and methods are well applied to improve current problems of feasibility study of urban rehabilitation projects. In addition, the establishment of the analysis goal at three principal stage and a series of reasonable decision makings with pertinent factors to each stage will lead the project to more successful result than ever.

• Journal of the Korea institute for structural maintenance and inspection
• /
• v.21 no.3
• /
• pp.93-101
• /
• 2017

The shortage of parking lots in aged apartment complexes built from the 1980s to the mid 1990s is serious. When we look at the case of parking lot expansion in the aged apartment complexes, the method of extending the underground parking lot vertically occupies the majority. It is very important to secure the structural safety of the foundations when the existing buildings are enlarged. In the case of underground vertical work, the work space should be narrow, so that a method with excellent safety, environmental and construction properties should be applied. Urban construction is also required to use construction methods and equipment with low noise and vibration. This study analyzed the factors influencing the selection of the foundation reinforcement method for the expansion of the underground parking lot and Weights of influence factors were calculated. The purpose of this study was to analyze the applicability of the foundation reinforcement method. Factors influencing the applicability of the foundation reinforcement method were derived through expert interviews and The AHP technique was used to calculate the weight of the influencing factors. It was evaluated by experts on the applicability of the foundation reinforcement method. It conducted a case study on two types of underground parking lot expansion type and compared the applicability of the foundation reinforcement method.

• Information Systems Review
• /
• v.6 no.1
• /
• pp.1-18
• /
• 2004

In 1990s, many organizations recognized the ERR system as a key enabler of business strategic accomplishment and it can improve productivity and efficiency of organizations by integrating and managing enterprise resources. These organizations tried to implement the ERP system to hold the competitive advantage. And the ERP system leads to business process reengineering. So it is important to consider both organizational environmental characters and change management in the ERP implementation process. This study is examined in detail about organizational environmental characters and change management in the ERP implementation process, seeks how the difference of these factors related to the ERP success. The sampled companies implemented the ERP system by using the different ERP implementation approaches. This study provides that the ERP implementation approach differs from organizational environmental characters, and change management tactics are different according to the ERP implementation approaches. But, some change management factors are important regardless of the ERP implementation approaches. This study also provides the effects on EPR performance through the change management. The study is of service to the organizations implementing ERP and provides practical contribution for managing organizational changes.

• Korean Journal of Construction Engineering and Management
• /
• v.10 no.3
• /
• pp.62-71
• /
• 2009

The purpose of this study is to analyze of profitability accordance to the different sales timing in apartment housing development projects. The adapted research method about public apartment hosing development projects by a private construction company is concentrated on the middle and large scale housing. The methodology for analysis of profitability through the change of timing for sales is analysed. According to this methodology, the difference of profitability by different timing of first sales is compared and analyzed. The results of this study are as followed 1)The major factors to affect the profitability for apartment housing development project consist of the timing of sales, the method of payment and the rate of sales. 2) The case study was carried out and then the profitability is analyzed the profitability for the three of cases is got worse when the sale after construction especially on the time of construction progress rate 80% is carried out.

• Korean Journal of Social Welfare
• /
• v.56 no.3
• /
• pp.327-355
• /
• 2004

The field instruction is essential to professional social work education. It is important to identify what factors make students' performance improve. 207 social work students who completed the field practicum in their undergraduate course were studied to determine factors associated with performance. The mean score of supervision was 2.6 and of practice performance was 56.7. Especially the score of theory integrated supervision was lowest among 5 supervision factors. Intervention skills and case-management skills were lower than 3 other performance factors. The significant correlation found to exist between supervision and performance. The higher the students' perception of supervision, the higher the students rating of their performance. Contributing most to students' performance was students' perceptions of the extent of supervision, especially theory integrated supervision and agency-based supervision, the extent of discussion about learning contracts, the amount of supervision. And the personal factors like students' gender and supervisors' career duration as a supervisor were found to be another predictors. That is, female students could improve their performance more than male students and more experienced supervisors could not improve students' performance. The findings highlight the importance of supervision and learning contract. Structuring field learning experiences would be needed. The supportive and educative consults for the supervisors, especially for the experienced supervisors, and ongoing efforts to evaluate the field instruction were suggested.