• 월간 기계설비
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• s.247
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• pp.54-57
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• 2011

세계경제는 다극화 개방화 속에 수많은 다국적 기업이 글로벌 네트워크를 구축해나가고 있으며, 이에 따라 국내 외에서 기업들이 극심한 경쟁에 직면하고 있다. 중국은 근시안적인 단기 투자가 아닌 장기 투자 방식에 의해 세계시장을 점유해 가고 있으며, 일본은 중소 중견기업의 해외투자가 매년 평균 5% 이상 증가할 정도로 해외투자에 집중하고 있다. 이처럼 국제경쟁이 치열한 가운데 글로벌 시장 점유를 위한 우리 기업의 해외시장 진출도 지난 1968년 이후 꾸준히 증가해 2008년에는 해외건설 수주액이 300억불을, 2010년에는 700억불을 돌파했고, 진출지역도 중국 등 아시아를 중심으로 유럽 및 중남미 지역까지 확대되는 등 그 영역을 확장해왔다. 이러한 양적 성장에도 불구하고 대기업에 비해 중소기업은 해외투자에 대한 정보 인력 자금 등이 부족한 실정이다. 본지는 회원사의 해외진출에 도움이 되고자 정부 각 기관의 해외진출 서비스 및 제도, 해외진출 시 필수 체크사항 등을 중심으로 해외진출 가이드를 게재한다.

• 월간 기계설비
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• s.250
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• pp.61-67
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• 2011

세계경제는 다극화 개방화 속에 수많은 다국적 기업이 글로벌 네트워크를 구축해나가고 있으며, 이에 따라 국내 외에서 기업들이 극심한 경쟁에 직면하고 있다. 중국은 근시안적인 단기 투자가 아닌 장기 투자 방식에 의해 세계시장을 점유해 가고 있으며, 일본은 중소 중견기업의 해외투자가 매년 평균 5% 이상 증가할 정도로 해외투자에 집중하고 있다. 이처럼 국제경쟁이 치열한 가운데 글로벌 시장 점유를 위한 우리 기업의 해외시장 진출도 지난 1968년 이후 꾸준히 증가해 2008년에는 해외건설 수주액이 300억불, 2010년에는 700억불을 돌파했고, 진출지역도 중국 등 아시아를 중심으로 유럽 및 중남미 지역까지 확대되는 등 그 영역을 확장해왔다. 이러한 양적 성장에도 불구하고 대기업에 비해 중소기업은 해외투자에 대한 정보 인력 자금 등이 부족한 실정이다. 본지는 회원사의 해외진출에 도움을 주고자 정부 각 기관의 해외진출 서비스 및 제도, 해외진출 시 필수 체크사항 등을 중심으로 해외진출 가이드를 게재하고 있다.

• Korean Journal of Construction Engineering and Management
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• v.15 no.5
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• pp.22-30
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• 2014

This study undertakes a comparative analysis of the correlation between the condition of the domestic construction market and the expansion of overseas projects within construction companies, based on the vector error correction model. The analysis results verified that, in the post-IMF crisis period, domestic construction companies took on more overseas projects only when the residential construction market slowed down. Compared to the pre-crisis period, construction companies grew more responsive to the condition of the domestic market for residential construction, and they took on more overseas construction projects when the domestic market slumped. This is because the business portfolios of Korean construction companies' render them highly vulnerable to the condition of the residential construction market. When the domestic residential market slows down, the business condition of construction companies quickly takes a turn for the worse, and to cope with this, they turn to overseas projects to compensate for the slowing of the domestic market. As the analysis shows, expanding overseas construction projects as a way to turn around business condition amid a slow residential construction market actually undermines the management of the companies even further. In other words, shifting business focus toward an overseas market during a hard time might be useful for securing cash flow, but might not help to restore profitability. Thus, construction companies need to carefully manage their level of business diversification to ensure strategic flexibility.

• Korean Journal of Construction Engineering and Management
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• v.17 no.5
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• pp.97-107
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• 2016

CM services have been focused on the advancement of the CM industry and expansion to overseas market based on CM capabilities. However, there has been lack of quantitative and comprehensive research to investigate current CM trends and prospects for improving competitiveness. In this sense, the purpose of this study is to statistically analyze total of 3,453 CM service contracts over the past 18 years (between 1997 and 2014) in term of market type, contract size, owner's type, commodity type. Finding of this research reveal that 1) compared to 2005, CM market size in 2015 increased as much as 2.5 times, and that 2) domestic CM projects count for 87.5%, architectural project 88.4%, less than 1 billion won small contracts 75%, respectively. Also, recently as CM company are developing capability and competitiveness, 1) overseas CM market share has grown up to 20% among total CM contract amount, and 2) CM contracts by private owners has increased 3 times demanding the total management services based on high technical capability. Additionally, the result of this paper supports the growth path model proposed by Jung et al. (2014), where a path from Domestic Public (DP3) and Domestic Private (DC2) CM projects towards the expansion to International Private (IC5) contracts was quantitatively analyzed. Implications for other practical issues are also briefly discussed.

• Korean Journal of Construction Engineering and Management
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• v.18 no.3
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• pp.105-116
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• 2017

In recent years, large Korean construction companies have suffered serious losses in their overseas business. Many practitioners and researchers have analyzed causes of cost overrun in these projects. However, these arguments have not been empirically verified based on acutal project cases. This study investigated cost overrun rate, contingency, allowance, predicted risk before bidding, and actual and residual risk after award in the 67 international infrastructure projects conducted by 13 large construction companies. The causes of cost overruns are derived as follows. First, they identified the possibility of cost overrun to some extent before the bidding, but did not reflect the enough risk money to bid price. In particular, this behavior was more severe in badly cost-overrun projects. Second, the causes of cost overrun were more influenced by external environmental risk than internal capability risk. However, the internal risk in badly cost-overrun projects was relatively high compared to cost-underrun projects. Third, badly cost-overrun projects failed to mitigate risk. However, cost underrun projects were affected more by low exterior risk conditions than by well mitigated risk. This study provides more informed knowledge in controlling project costs in international infrastructure projects.

• Korean Journal of Construction Engineering and Management
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• v.16 no.3
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• pp.78-90
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• 2015

Due to a significant decrease in the number of construction projects in the domestic market of Korea, overseas expansion of the Korean construction companies has been accelerated in recent years. However, the practice of bidding at a low price and lacking information about foreign new markets caused many companies to fail in their entries to these markets. As a measure to prevent such failures, this study has developed a framework which first defines the key research items that must be identified beforehand and then classifies them into a structured way so that the construction companies can actually use this framework to be better prepared for their forays into the new markets. The framework was actually applied for a construction project in Morocco, and its usefulness was proven by the user's successful participation into the project, nevertheless the application and result was limited. Although perhaps this framework should be applied to many more construction projects for its validity to be verified and for its structure to be better standardized, the framework still has its value due to the following two reasons: first, it has systemized the research items that had been only conceptually defined but had never been organized, and second it can be utilized as a investigation tool at the marketing stage.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.33 no.6
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• pp.2541-2549
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• 2013

The Construction industry has been dealing with much trouble due to global economic recession and domestic political trends emphasizing on welfare than development. Consequently, domestic construction market has been dramatically shrunk during the last a few years, and international market has become the only potential solution for the industry. However, there has been lack of efforts in developing a quantified measure of global competencies for Korean engineering and construction organizations. This study attempted to develop quantified indices for Korean engineering and construction contractors with which the level of global construction competencies can be objectively monitored. In doing so, a survey questionnaire was developed to identify relative importances of core competency elements which were derived from extensive literature reviews and experts interviews. AHP (Analytic Hierarchy Process) was employed as a main analysis method in developing quantification measures. The analysis results reveal little differences in competency requirements between engineering and construction firms and it implies that the global market becomes more integrated and requires a total solution for a construction project. The developed core competency measures can be used to quantify the level of preparedness of Korean engineering and construction firms at the time of evaluation and also be used as a basis for performance benchmarking indicators if they are compared with business showings.

• 월간 기계설비
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• no.10 s.195
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• pp.63-67
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• 2006

1973년 창업한 (주)대우건설은 IMF 이후 지난 2000년 그룹 해체와 WORKOUT에 들어가는 어려움을 겪었다. 그러나 전 임직원이 일심단결 해서 어려움을 슬기롭게 극복하여 2005년에는 수주 8조, 1,900억원, 매출 5조 756억원, 영업이익 4,315억원으로 업계최고의 실적을 올렸다. 또한 최근 발표한 2006년 시공능력평가에서 드디어 1위로 등극해 명실상부한 최고의 건설사로 올라서는 쾌거를 달성했다. (주)대우건설은 건축, 주택, 토목, 플랜트, 해외사업 등 건설 전 분야에서 업계최고의 실적을 유지하고 있다. 특히 주택 분야에서는 푸르지오의 브랜드를 앞세워 5년 연속 주택 공급 1위의 실적을 자랑하고 있다. 2006년 (주)대우건설은 업계최고의 기술력과 영업경쟁력, 우량재무구조를 바탕으로 수주8조 5,000천억 매출 5조 5,826억원의 경영목표를 세웠으며, 이를 위해 전 임직원이 「도전과 열정」, 「자율과 책임」의 핵심 가치를 바탕으로 오늘도 매진하고 있다.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.35 no.4
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• pp.941-951
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• 2015

In the recent years, Korean construction companies have been awarded 680 billion USD in the oversea projects which lead to a successful quantitative growth. However, due to the lack of capability in the core technology and project management compared to the leading companies, in addition to low-price bidding, massive deficit projects have caused problems to the companies. In order to overcome the limitations of the lack of capabilities, the term constructability has been researched recently by developed countries to apply in the practical use. The concept of constructability must be applied for Korean companies to compete in the EPC construction projects. The term constructability is defined as the factor that affect the overall construction process of a project which is defined by the ease of construction and to secure the project quality. Therefore, this study aims to develop a constructability assessment model using the structural equation to assess the factors that affect the constructability in the design and construction stage. The purpose of using the structural equation is to analyze the direct and indirect correlation between each factor that affects the international construction projects. Total of 8 latent variables and 34 measured variables are derived through literature review, corporate reports, experts' interview and surveys. The result of the model suggests the constructability factors that are to be managed the most efficiently to reduce cost, time and improve the quality as well as a countermeasure strategy to successfully execute the target international construction projects.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2006.11a
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• pp.213-220
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• 2006

Plant construction industry is a high value-adding industry because it is complex industry comprising engineering, procurements of equipments and construction. So, Revenue increase in overseas plant projects would boost up not only domestic construction industry but also growth of national economy. Recently, overseas plant-construction market is expanding dramatically. For instant, Middle-east countries are constantly increasing their orders for the construction of petro-chemical plants stimulated by sky-rocketing oil prices. The purpose of this research is to develop management techniques for plant projects such as work break-down structure, knowledge management system, logistics & procurement system, and risk assessment tools. We believe our research would contribute to the competion of Korean engineeing companies and contractors in overseas plant-construction market.