• Korean Journal of Construction Engineering and Management
• /
• v.15 no.6
• /
• pp.3-15
• /
• 2014

Ever expanding overseas construction is one of the most important issues for Korean construction companies. Among these issues, strategies for overseas plant construction have widely been discussed, because the plant construction has features of low competitiveness and high ripple effects when compared with other construction sectors. In this sense, the purpose of this research is to evaluate the CM capability of Korean construction industry for overseas plant construction. Fourteen construction business functions and four techniques were defined first. Based on these functions and techniques, CM capability was quantified for As-Is (2013), To-Be (2018) and Gap analyses. Findings of this research reveal that 1) capability for construction is quite competent, 2) capabilities for planning, design management, contracting, and risk management are found to be relatively low, where higher value can be added. In addition, it is found that R&D needs to be extended to develop systemized management techniques. It is also required to secure specialists and original technologies at national industrial level.

• Korean Journal of Construction Engineering and Management
• /
• v.17 no.3
• /
• pp.61-70
• /
• 2016

Construction enterprises have performed various projects such as buildings, infrastructure and plant projects in the international market. Among these, the plant project's amount of orders accounted for about 68.9% of all. However, because of the enterprises won a contract with a low-budget for plant project in the last 10 years, the profit has dropped dramatically. And it is forecasted that there are extreme competition for bid award of plant projects because of the current falling oil prices and raising interest rates. In this circumstance, the comprehending of enterprises strength and weakness must be a priority to get a sustainable competitive advantage. Therefore this research suggests the enterprises's capability assessment framework and it is in order to diagnose the korean construction enterprises capabilities. The framework is based on the VRIO model that is on the basis of resource based theory. First, the capability assessment indices and their importance and priority that based on the life-cycle of plant project is deducted by literature review and survey. Second, the 5 point likert score applied VRIO survey is conducted to diagnose the enterprises and quantified the survey result using the fuzzy theory. Lastly, the competitvie implication and capability assessment are deducted.

• Korean Journal of Construction Engineering and Management
• /
• v.5 no.6 s.22
• /
• pp.101-109
• /
• 2004

The construction engineering field is less than $3\~5\%$ of the gross construction cost but engineering's role is very important because the performance of final facility is decided in the engineering stage. Nevertheless, before now government and private compares are more concentrated on construction works than making strategy to strengthen the competitiveness and technical development of investment in construction engineering sectors. Therefore this research have compared and analyzed the competitiveness of domestic construction engineering companies throughout analytic method 'SWOT' to those developing countries, which are potential big market objects, such as Russia Libya and Indonesia Such research was obtained through business trip & consultation with related specialists for the difficulties of domestic companies in advancing into overseas market. Moreover this research have analyzed the technical improvement of construction engineering companies and reason for competitiveness weaken by various aspects, it provides governmental and private plans to advance into overseas market Especially, to strengthen domestic companies into advancing overseas market it has suggested that tax & subsidy privileges, supporting plans for obtaining information of overseas and strategies cooperation with other organizations.

• Proceedings of the Korean Institute Of Construction Engineering and Management
• /
• 2004.11a
• /
• pp.59-66
• /
• 2004

The construction engineering field is less than $3\~5$ of the gross construction cost, but engineering's role is very important because the performance of final facility is decided in the engineering stage. Nevertheless, before now government and private companies are more concentrated on construction works than making strategy to strengthen the competitiveness and technical development of investment in construction engineering sectors. Search research was obtained through business trip & consultation with related specialists for the difficulties of domestic companies in advancing into overseas market. Moreover this research have analyzed the technical improvement of construction engineering companies and reason for competitiveness weaken by various aspects, It provides governmental and private plans to advance into overseas market. Especially, to strengthen domestic companies into advancing overseas market, it has suggested that tax & subsidy privileges, supporting plans for obtaining information of overseas and strategic cooperation with other organizations.

• Korean Journal of Construction Engineering and Management
• /
• v.12 no.5
• /
• pp.146-154
• /
• 2011

Korean contractors have been maintained sustainable growth since entering into overseas construction market for the first time in 1960' s. In 2010, Korean contractors ordered 761 billion (USD) from overseas markets. Especially, billion (USD) were earned by Korean contractors in overseas plant construction market which account for more than 80% of the total amount by Korean contractors. Nevertheless, many Korean contractors are suffering from lack of technological competitiveness and construction management skills in the design phase compared with global leading contractors. These conditions have directly effect on the success of projects in terms of cost, duration, and quality. So, this study focused on identifying the risk factors and developing risk priority method for the design phase of LNG plant projects whose market is expanding. Research procedures were conducted by the following three steps. First, total 57 risk factors were identified in design phase through extensive literature reviews and experts survey. Second, the authors developed risk priority method which are more suitable for design phase of LNG plant projects by using three criteria, Probability(P), Impact(I), and Coordination Index(CI). Finally, the suitability of risk priority method and practical applicability were verified through expert survey and interview. Consequently, if korean contractors use the suggested risk factors and priority method based on their own know-how and experiences, then more reasonable and rational risk management will be conducted in the design phase of LNG plant projects.

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

• Nuclear industry
• /
• v.36 no.5
• /
• pp.67-75
• /
• 2016

Cigeo 프로젝트는 프랑스에서 수행되고 있는 고준위 방사성폐기물 지층 처분장 건설 사업으로 단순한 기술적 차원의 문제를 넘어선 거대하고 복잡한 다차원의 국책 프로젝트이다.

• 주택과사람들
• /
• s.204
• /
• pp.20-21
• /
• 2007

분양가 상한제와 원가 공개가 오는 9월로 다가옴에 따라 주택업계가 대책 마련에 부심하고 있다. 건설업계는 지난 3~4년간 막대한 이익을 창출한 아파트 사업의 위축이 불가피하다고 보고 사업 다각화.해외 진출.원가 절감 등 다양한 대책을 마련하고 있다.

• Korean Journal of Construction Engineering and Management
• /
• v.17 no.6
• /
• pp.31-39
• /
• 2016

This study aims to give suggestions based on survey to improve the quality of Global Construction Engineer Training Program in line with the government goals. The domestic construction industry in Korea has kept shrinking, whereas the global construction market is forecasted to keep expanding in the future. It has become an urgent task to be taken up for construction contractors and engineering firms so as to improve their capacity, in particular, in the fields of planning, management, finance as well as engineering. To deal with the lack of capacity of the domestic engineers and to help them emerge as global players in the competitive overseas construction market, the Ministry of Land, Infrastructure and Transport of the Korean government has designed a program called 'Global Construction Engineer Training Program.' The eligible target of the training program is mid-career professionals who are working for the construction contractors or engineering firms. To draw suggestions for this program, an importance-satisfaction analysis is conducted to evaluate the effectiveness of the training program implemented by the S University. The S University, along with C University, was selected as an implementation organization of the program in 2014 by the government. Through an email survey, the participating students in the program were asked questions on the importance and satisfaction against 17 indicators classified into 5 categories: instruction method, professional knowledge of instructors, contents of program, curriculum, and facility and environment. The survey results show that students are satisfied with the overall quality of the program, but it was also found that they want the program opens more coursework on practical application of knowledge, case studies, and global networking.

• Proceedings of the Korean Institute Of Construction Engineering and Management
• /
• 2007.11a
• /
• pp.519-522
• /
• 2007

China infrastructure construction market has huge potential for increased use of PPP/BOT mode and one of the most attractive markets of doing business. However, there are still a multitude of challenges for overseas EPC contractor to enter into the China PPP/BOT market both internally and externally. Especially, the construction legal system and relevant policies are considered at present the biggest barriers in accessing China construction market. Therefore, the main purpose of the paper is to identify the impact of the construction laws, regulations and BOT-related policies on the viability of foreign contractor-led BOT project in China. To the satisfaction of the purpose, this paper will first analyze China construction laws based on the key issues that must be tackled by foreign EPC contractor before they enter into China. This summary gives the possible contract scheme for a BOT project of interest in which foreign contractors could define the scope of works and measure the viability of the project. Finally, a case study of wastewater treatment plant BOT project in China subsequently illustrates some of the lessons learned from the foreign contractor's perspectives for successfully participating in future environmental market in China.