• Nuclear industry
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• v.35 no.5
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• pp.68-83
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• 2015

본고는 현재 건설 중에 있는 전 세계 67개 원전 프로젝트의 진척 상황을 업데이트하여 정리한 자료이다. 2015년이 시작되면서 지금까지 5기의 원자로 공사가 완료되어 전력 생산을 시작했으며, 올해 연말까지 10곳의 원전이 더 완공될 예정이다.

• Environmental engineer
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• s.324
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• pp.2-7
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• 2013

"시대적 흐름에 맞게 환경분야관련 투자를 적극적으로 검토하고 있으며 현재 해외친출을 위한 기반을 모색하고 있습니다. 특히 유니온 자체 브랜드로 해외시장을 진출하는 것 보다는 글로벌 건설사들과 협력하여 해외프로젝트에 적극 참여하고 있습니다." (주)유니온의 강병호 대표는 기업의 적극 투자와 해외시장 개척이 환경산업의 발전을 기대할 수 있다고 강조했다. (주)유니온은 1964년 백시멘트 생산을 시작으로 희소 광산물을 개발해 오다 1988년부터 환경사업에 진출했다. 다음은 유니온의 강병호 대표와의 인터뷰 내용이다.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.50
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• pp.215-250
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• 2011

Korean won overseas construction projects worth 71.6 billion US Dollars in 2010, which exceeded that of 2009 by 45.6%. An overseas construction project is a transaction of large scale, long term project, many parties participating, deferred payment, and of high-technology. It contributes to foreign currency earning, and also leads the nation's export restructuring work towards high value-added one. There are various kinds of risks towards the relevant parties respectively, which are key elements in successfully performing the overseas construction project. There are completion risk, financing risk, operating risk, revenue risk etc, in an employer's place. A contractor may be confronted with payment risk, issuance risk of performance bond, financing risk, performance risk of sub-contractors, and exchange rate risk. In lenders place there are repayment risk, completion risk, and political risk in the host country. In order to mitigate risks, the parties shall take relevant measures or require relevant securities. A contractor needs to evaluate the credibility of an employer in respect of payment risk, and can also request export insurance cover by the Korea Trade Insurance Corporation(the former 'Korea Export Insurance Corporation"). An employer can require a contractor to provide performance bond in respect of completion risk, and employ a well-known first class bank as a mandated arranger to arrange financing with regard to completion risk. Lenders needs to evaluate the credibility of an employer and accomplish feasibility study of the project. Lenders can request insurance cover from export credit agency. Once the parties assess the respective risks and obtain relevant securities, the project will be successfully completed. The success of the project will be sure to bring the parties involved enormous profits and another opportunity to participate in overseas construction project afterwards.

• Korean Journal of Construction Engineering and Management
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• v.18 no.2
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• pp.71-80
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• 2017

In recent years, the reduction of international award and project loss by Korean contractors have become a big issue not only in industry but also in academic fields. However, many researches have not focused on small and medium subcontractors but on the large contractors, even though the number of international project by small and medium companies is more than by large companies. Therefore, this study focuses on analyzing the predicted risk before bid and the actual risk after award in international subcontracting projects. In addition, it provides the difference between project performances according to the contract types and the project profitability. This study is expected to give more informed risk knowledge to small and medium subcontractors, which enables them to pay attention to managing risk for better project performances.

• Korean Journal of Construction Engineering and Management
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• v.25 no.2
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• pp.11-22
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• 2024

Power plant engineering industry obtains EPC plan project and delivers results about electricity, measurement, machinery, and piping and so on. Its works are taken by projects. Although power plant engineering composes 2~5% of whole EPC project cost, it's one of the fundamentals because it affects process after planning step a lot. However, domestic power plant engineering companies' project performance ability is insufficient and there's a need for systematic performance. Thus, this study defined related factors of successful performance and analyzed the priority among them through analytical hierarchy process. All respondents recognized experience, knowledge, and communication as important factors. Administrators considered knowledge, experience, and communication. But hands-on workers considered experience, knowledge, human resources. Those who have experience in oversea project considered process, experience, human resources. However those who don't have experience in oversea project considered knowledge, experience, and communication. Recognition of important factors varies by the position and work experience of members.

• Korean Journal of Construction Engineering and Management
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• v.10 no.5
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• pp.135-147
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• 2009

The world has witnessed the dramatic expansion of international construction markets during the last decades, particularly around the developing economies and energy resource-rich countries. However, despite the booming markets, the risks of emerging regions have also increased under the rapidly changing environments confronting the global contractors. Most of all, success in overseas business mainly depends on selecting the right market to enter. Accordingly, the right market selection requires global firms to carefully carry out the scientific market entry decision by evaluating country risks, market prospects, firm's capability, level of competition, and among others. This study aims at developing a market entry model by the use of real option analysis (ROA) and scenario planning, which addresses the corporate strategic flexibility against the uncertainties encompassing the overseas construction markets. Based on the suggested approach, global contractors are expected to make a better decision rather than a typically static approach in pursuing, postponing, or abandoning a prospective market to their capacity with a concurrent consideration of uncertainties as well as its option value.

• Korean Journal of Construction Engineering and Management
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• v.13 no.2
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• pp.80-90
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• 2012

In 2011, the overall construction markets in KOREA are highly depressed due to decreases in orders of domestic construction markets in both private and public field. Also, we are losing competitive advantages over Chinese and Indian companies owing to the market shares on plant construction projects excessively. It is recognizable, under the circumstances that we are in interior position on high value technique to other advanced countries, that the orders of mega building and plant construction projects tend to be placed through the" Pre-construction Service", the importance of which has been emphasized domestically and internationally in recent time. However, current domestic construction companies show scarcity in understanding the general idea of the Pre-construction Service and fail in building proper structure of it. It is obvious that they cannot have any competent strategy to deal with Pre-construction Service. The Purpose of this paper is to analyze the core competence throughout preconstruction phase and, and make up for the weakness in the current pre-construction service process.

• Korean Journal of Construction Engineering and Management
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• v.20 no.1
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• pp.86-95
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• 2019

As the urban development economy is stagnating due to the reduction of the budget for Social Overhead Capital (SOC) and the stabilization policy of the real estate market, there is a steady increase in the interest of domestic construction companies to enter the overseas market. However, domestic construction companies are showing a decline in overseas urban development market as compared with advanced foreign companies having excellent financial management and overseas project management ability. Therefore, it is necessary for domestic companies to select an urban development model that meets the environment and the level of the country of entry, and to establish an advance strategy to manage the risks of overseas business. For this purpose, the factors of entry into the overseas urban development market through the existing research, literature analysis, and FGI were derived, and survey strategy and IPA analysis were conducted to develop strategies for entering the overseas urban development market. As a result, we have established a strategy for private companies to enter the overseas urban development market.

• Korean Journal of Construction Engineering and Management
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• v.13 no.2
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• pp.70-79
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• 2012

The Korean Government recently has been focused on strengthening competitiveness of order and stimulating construction market in the international construction industry. It has planned to extend the ODPs (overseas development projects) in order to diversifying the international construction market of which is domestic construction companies, placing too much emphasis on plant projects of the Middle East. However, literature review of risk analysis in the ODPs shows that the number of case study is several. Therefore, Authors asserted the necessity of risk analysis in the ODPs. The purpose of this study is to suggest a methodology that find KRFs (key risk factors) in the ODPs and analyze them, using AHP and Fuzzy theory. As a result, the 37 KRFs are selected and explained characteristics of them. A future direction of this study is to suggest a risk management model in the ODPs and prove feasibility of it.

• Journal of KIBIM
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• v.2 no.1
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• pp.7-17
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• 2012

In recent years, building information modeling (BIM) has been an important issue within the architect, engineering, and construction (AEC) industry. BIM provides a way to share and exchange semantically rich information about the buildings in order to achieve a successful level of collaboration, communication, and interaction between stakeholders throughout the life cycle of the project. However, despite the recognition of its potential, BIM has not yet been utilized in the construction, operation, and maintenance stages because of the need to reorganize the BIM by reflecting the as-built status of the buildings. In order to improve and increase the use of BIM at all phases of a project, several research efforts are exploring the creation of an as-built BIM that is based on advanced sensors. However, there is a lack of literature and investigation on this research area to date within the domestic AEC industry. The aim of this study is to suggest ways in which BIM can be utilized within the construction, operation, and maintenance stages based on advanced sensors so that it is an approach that might be usefully carried forward. This paper begins by presenting a review of the existing BIM research and achievement in order to determine the limitations of the use of BIM in the domestic AEC industry. Conclusively, this paper suggests a direction for the future applications of BIM and describes how it can benefit from additional research.