• Korean Journal of Construction Engineering and Management
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• v.12 no.4
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• pp.139-148
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• 2011

u-City projects are different with the existing urban development projects progress via convergence with IT technology. Therefore, it inheres many risk factors more than the existing development projects as including more complexity and variety. The risk management system to systematically manage those risks which get identified and quantified is required. Especially, the planning phase that is appeared the various forms has a large effect on the success of the business. However, the management of risk factors remains in the passive form. So the problems on u-City project in the planning phase and risk factors of existing development business were analyzed for the continuous growth and the successful performance of u-City project, and those risk factors was identified and quantified by using statistical technique. In the results of it, the core risk factors were obtained through which way and the basis for the effective risk management in u-City business is provided.

• 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.

• Korean Journal of Construction Engineering and Management
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• v.14 no.2
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• pp.150-159
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• 2013

The government has focused on activation of overseas construction projects and strengthening competitiveness in the long term. In recent years Public construction contract as well as design, engineering, construction management(CM) are gradually expanding into other countries, but risk analysis cases in the field are slight. In this study, We utilized PI scale and drew a conclusion about the importance of overseas risk by participants. We compared its features from the risk factor based on Risk Matrix. As a result of this study total of 6 section 31 Country Risk factors for the importance of overseas risk by participants were drawn, and the key risk factors (17 constructor, 14 designers, 17 CMr) based on Risk Matrix were derived. By utilizing the result of this study will be used as the basic data for establishing risk management strategy to meet each business and planning evaluation model.

• Korean Journal of Construction Engineering and Management
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• v.24 no.2
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• pp.59-69
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• 2023

FIDIC White Book is a Model Services Agreement between the Client and the Consultant. This study aimed to derive the Key Risk Sub-Clauses out of 63 Sub-Clauses of General Conditions of the FIDIC White Book by using the Delphi technique. A panel of 40 experts with more than 10 years of experience and expertise in overseas construction services agreements and FIDIC White Book was formed, and the reliability was improved in the direction of increasing the consensus of experts through a total of three Delphi survey processes. In the first Delphi survey, a closed-type survey was conducted on the impact of risk among 63 Sub-Clauses of General Conditions on a Likert 5-point scale, and 26 main risk Sub-Clauses were derived. The Content Validity of the results of the first Delphi survey was verified with the CVR value. In the 2nd and 3rd Delphi surveys, a closed-type survey was conducted on a Likert 10-point scale for 26 main risk Sub-Clauses and the risk possibility and impact of each main risk Sub-Clause were evaluated. The reliability of the 3rd Delphi survey result was verified with the COV value. Total 14 Key Risk Sub-Clauses were derived by applying the average risk possibility and impact of each of the 26 main risk Sub-Clauses to the PI Risk Matrix. The results of deriving Key Risk Sub-Clauses showed that agreement on specific scope of service, delay management, and change management were the most important. As a result of this study, from a practical point of view, consultants of consulting companies provide guidelines that should be reviewed to minimize contractual risks when signing service contracts with clients. From an academic point of view, the direction of research on deriving key risks related to service contracts for consultants participating in overseas construction is presented.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.42 no.2
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• pp.239-248
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• 2022

Risks in construction projects are increasing remarkably due to recent changes in the construction environment. Active risk management is required to recognize risks as opportunities. The purpose of this study is to propose a risk management model of the importance determination method through comparative analysis using Kano model, Timko CSC (Customer Satisfaction Coefficient), and ASC (Average Satisfaction Coefficient). Based on previous studies, the validity of risk management factor determination is reviewed through a questionnaire modified Kano model through interviews with working-level workers using the Delphi technique. Through this, a suitable risk management model is presented by selecting key risk management factors recognized by domestic construction project practitioners. As a result of the study, the Kano model developed to verify risk management of construction projects was evaluated to be effective in verifying the risk management of practitioners. It is expected that the Kano model presented in this study will be actively used to verify the importance of risk management for construction projects.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.42 no.3
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• pp.439-448
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• 2022

Recently, domestic small and medium-sized subcontractors participating in the overseas construction market are suffering from the continuous loss and damage due to the insufficient recognition of the importance of risk Sub-Clauses among conditions of subcontracts. Therefore, the need to derive risk Sub-Clauses for conditions of the subcontract has been raised, but until now, previous studies have been conducted focusing on deriving risk Sub-Clauses for standard conditions of contract for construction between the Employer and the Contractor. In this study, 52 risk Sub-Clauses were derived on the basis of the influence size of the Sub-Clauses through the Delphi technique targeting 94 Sub-Clauses of conditions of standard subcontract for construction edition 2011, issued by the International Federation of Consulting Engineers (FIDIC) and In addition, 33 key risk Sub-Clauses were finally derived through the PI Risk Matrix by Probability and Impact. The results of this study provide will useful information on key risk Sub-Clauses that need to be reviewed in advance to minimize contractual risks at the stage of bidding and signing contracts for overseas subcontract construction projects.

• Korean Journal of Construction Engineering and Management
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• v.23 no.6
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• pp.101-110
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• 2022

Recently, the global construction market is expected to grow at an annual average of 4.8% by 2025 and the risk of overseas construction is also expected to increase accordingly. In particular, domestic construction companies intensively participated in the EPC(Engineering, Procurement, Construction)/Turnkey project, but as a result of failing to respond to contractual risks, they have suffered losses of trillions of won in overseas business since 2013. Nevertheless, there have been not many studies on the derivation of EPC/Turnkey's contractual key risk sub-clauses. Therefore, in this study, the key risk sub-clauses were studied for the conditions of the 2017 Silver Book contract issued by the International Consulting Engineering Federation(FIDIC). To this end, 30 experts with more than 10 years of experience in international construction contracts were formed as a panel to conduct a Delphi survey on 170 sub-clauses of 21 clauses of FIDIC Silver Book to derive 62 main risk sub-clauses. In addition, the RPN(Risk Priority Number) was finally calculated using the FMEA(Failure Mode and Effect Analysis) technique, and 25 key risk sub-clauses within the Critical Risk range were derived. Through the results of this study, the practical point of view is able to refer to the contract provisions to be carefully reviewed at the bidding and contract signing stage in overseas construction projects. From an academic point of view, it provides direction and basic knowledge of how to study the contract fields used in overseas construction EPC/Turnkey projects.

• Proceedings of the Korea Information Processing Society Conference
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• 2005.11a
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• pp.381-384
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• 2005

소프트웨어의 사용영역이 확대되고 개발 규모가 거대화되고 복잡해 짐에 따라 소프트웨어의 품질과 생산성이 중요해지고 있다. 이러한 상황에서 프로젝트의 리스크를 식별하고 그에 따른 파장을 최소화하는 리스크 관리는 소프트웨어 개발 프로세스의 핵심 관리 기술로 부상하고 있다. 본 논문에서는 기존의 소프트웨어 개발 관리 프레임 워크 상의 리스크 관리를 연구하여 보다 정형화된 리스크 관리 프로세스를 제안하고, 그에 따른 비즈니스상의 효과를 보여준다. 또한 리스크 요인과 프로젝트 혼란 사이의 통계적 예측 식을 제시한다.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.36 no.6
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• pp.1153-1160
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• 2016

There have been many studies on the subject of risks in the Construction Industry and many useful results have been produced. However, risk studies on the conditions of contract, which is the most critical contract documents, has not been tried despite of its contractual function in the overseas projects. In this study, various contractual risks are identified for proper and reasonable evaluation of the contractual risks possibly encountered in the Tender and/or Contract stages of the Projects. For development of study, FIDIC Red Book 1999 Edition which is world widely recognised as a standard conditions of contract prepared for the projects designed by the Employer. Contractual risks are divided into three levels and applicable clauses are assigned to each appropriate risk factors. And table of major contractual risk factors are made using the classified levels of each factors with evaluation criteria as a result of this study. As this study is made only for the conditions of contract which is prepared for the construction contracts designed by the Employer, further studies for other types of contracts such as Design-Build (FIDIC Yellow Book), EPC/Turnkey (FIDIC Silver Book) and recently developed Design, Build and Operate type of contract (FIDIC Gold Book) are required to cover various types of projects executed in the world construction markets.

• 한국신재생에너지학회:학술대회논문집
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• 2011.11a
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• pp.155-155
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• 2011

신재생에너지 수요가 확대됨에 따라 신재생에너지 관련 제품에 소요되는 물질에 대한 관심이 확대되고 있다. 이들 물질은 공급리스크가 존재하는 희유금속이 주를 이루고 있다. 본 연구에서는 신재생에너지 등의 high tech 기술 확대로 인한 희유금속의 수요 및 공급을 전망하고 있는 미국의 critical raw material 관리 전략을 살펴보고자 한다. 미국은 2010년 12월 미국 에너지성(DOE : Department of Energy)에서 위기 물질 전략(Critical Materials Strategy)에 관한 리포트를 공표하였다. 클린 에너지 기술 4개 분야(영구자석, 선진 전지, 태양전지 박막, 형광 물질)에서 핵심이 되는 물질(희유금속 등)의 수급 불균형이 일어날 가능성에 대해 조사를 실시하여 리스크 평가하여 단기, 중단기로 구분하여 위기물질을 선정하였다. 클린 에너지 기술 4개 분야에서 핵심이 되는 물질(네오디움, 디스프로슘, 코발트, 리튬, 랜턴, 세륨, 테룰, 인듐, 갈륨, 유로피움, 테르비움, 이트륨)의 12광종 수급을 2025년까지 전망한 결과 전체적으로 단기(2010년~2015년)보다 중기(2015년~2025년)에 공급 부족이 확대한다고 예측되었다. 단기적으로는 인듐이 약간 부족하는 것 외에 디스프로슘과 이트륨에 관해서도 공급 부족할 것으로 예측되었다. 중기적으로는 코발트(전지 기술에 사용)와 유로피움(고효율 조명용의 형광 물질에 사용) 외 대상이 된 다른 모든 물질은 공급 부족이 발생할 것으로 전망되었다. 이를 종합하여 단기적으로는 디스프리슘, 유로피움, 인듐, 테르븀, 네오디움, 이트륨 등이, 중기적으로는 디스프리슘, 유로피움, 테르븀, 네오디움, 이트륨 등이 위기물질(Critical Material)로 분석되었다. 에너지성은 위기물질을 공급원다각화, 대체물질개발, 리유즈, 리사이클링 등을 국제적 파트너와 함께 추진하여 리스크를 관리할 것이며, 2011년까지 최신정보를 구축하여 위기물질 전략을 재설정할 예정이다. 체계적인 위기물질 선정 및 관리전략 등을 참조하고, 신재생에너지기술 변화에 따른 원재료의 중요성 및 리스크 관리현황을 기초로 우리나라에 적합한 위기관리 물질 선정 및 관리가 필요할 것이다.