• Title/Summary/Keyword: Apartment Construction Project

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A Study on the Preference of Residential Environment at the Stage of Purchasing Apartments using Conjoint Analysis - focused in Gwangju City - (컨조인트 분석을 통한 공동주택 구매시 주거환경 선호도 연구 - 광주광역시를 대상으로 -)

  • Lee, Hyun-Chul;Park, Hyeon-Ku;Go, Seong-Seok
    • Journal of the Korean housing association
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    • v.20 no.2
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    • pp.27-35
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    • 2009
  • With the change of construction environment, the main body of construction industry was moved from project suppliers to consumers. Accordingly in order to strengthen competitiveness, project suppliers have to concentrate on marketing for diversification. Thus, it is required to utilize real estate marketing from the beginning of development project to introduce 'consumer-centered marketing strategies' instead of 'supplier-centered marketing'. This study aims to find out what consumers consider the most important factors when selecting apartment. According to the study, when residents select their apartment in residential area, they valued those attributes with investment, location, dwelling attribute, apartment complex attribute, unit price per square meter, in order. This result will contribute to qualitative improvement of housing development project.

The Analysis of Risk Factors for Apartment Remodeling Feasibility Study (공동주택 리모델링 사업성 평가를 위한 위험요소 분석)

  • Lee Teck-Wn;Kim Kyoon-Tai;Han Choong-Hee;Kim Sun-Kuk
    • Korean Journal of Construction Engineering and Management
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    • v.3 no.4 s.12
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    • pp.84-92
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    • 2002
  • Recently, apartment-remodeling project is booming since various reconstruction controls are tightened. However, the project has difficulties because management systems used for apartment-remodeling projects are not available. Identifying and analyzing risk factors that are required for risk management, this paper suggests the risk level through paired comparison performed by AHP method and probability assessment for risk level analysis. It is expected that this research will be utilized to minimize the risk of apartment remodeling project and for basic materials to perform the project and helpful to change newly build-oriented construction into sustainable industries. Hereafter using the risk factor analysis data of this paper for this research project, risk management model is considered to be constructed.

A Basic Study on the Development of Profit Risk Management Model for Apartment Projects (아파트 개발 프로젝트의 수익 리스크 관리모델에 관한 기초연구)

  • Son, Seunghyun;Lee, Sungho;Han, Bumjin;Na, Young-Ju;Kim, Ji-Myung
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2022.11a
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    • pp.215-216
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    • 2022
  • Profit, the performance of an apartment development project, is directly affected by the sales ratio, unit sale price, financial costs, land costs and construction costs. However, these factors fluctuate in response to changes in the environment, including various stake holders, and the profits fluctuate as a result. In order to ensure that profits are managed within target levels, these factors must be able to be predicted, controlled and monitored and managed up to the start, sale, and end stages of the project. The purpose of this study is to develop a profit risk management model for apartment development projects. The results of this study will contribute to the establishment of academic basis for the dynamic management of project profits that fluctuate with time and environment. And in practice, it will help project developers manage their business revenue to the proper level. In addition, the risks that occur from time to time can be identified quantitatively and visually, and it is expected that it will be easier to derive consensus points for smooth business progress by reducing conflicts of interest among stakeholders.

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ANALYSIS AND IMPROVEMENT OF FINISHING WORK PROCESS FOR COST MANAGEMENT (FOCUSED ON INDOOR FINISHING WORK OF APARTMENT)

  • Hoon-Ku Lee;Yoon-sun Lee;Ja-Young Yoon;Jae-Jun Kim
    • International conference on construction engineering and project management
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    • 2007.03a
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    • pp.711-720
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    • 2007
  • Apartment housing in the Korean domestic construction industry has had various and high-quality finishing work since the enforcement of price deregulation in 1998. Before the enforcement of price deregulation, feasibility studies of housing projects have not had particular difficulties as uniform description of finishing work items were reflected and finishing work cost also was equalized. However, the recent distinction of finishing work based on the same floor plan brings about project cost variation, along with many effects on construction management due to project cost increment. Accordingly, this paper suggests the improved plan of cost management to control the feasibility study result consistently during the life cycle of a project through an analysis based on cost management phase due to cost blackout, appearing at the commencement of a project, cost gradation caused by high-quality finishing work item, and cost reduction due to the degradation of finishing work after analysis of current apartment construction process focused on finishing work using the IDEF process analysis technique.

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A Study of Risk Analysis on Apartment Reconstruction Projects (공동주택 재건축사업의 리스크 분석에 관한 연구)

  • Lee Lo-Na;Woo Kwang-Min;Lee Hak-Ki
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2004.11a
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    • pp.232-235
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    • 2004
  • The apartment reconstruction project is making some problems, such as delay of lack specialty, conflict between project owners and cost increasing etc. The enforcement process of project are very complicated, the term of project is long and too many project owners are participating. For this reasons. it is always in the face of uncertainty. To promote the reconstructing project successfully. we need to make risk management process to get rid of uncertain factors which occur in forwarding the reconstructing project This study has for its objects. First, suggest the best way of risk analysis to manage risk factors systematically and efficiently recognized in The Apartment reconstruction protect. Second, furnish basic data to build the risk managing system of The apartment reconstructing project.

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Time Shortening of Structural Framework of High-rise Apartment Housing for the Urgent Project Area: Focused on the Cases of Insufficient Time or Delayed Projects

  • Bang, Jong-Dae;Lee, Do-Heun;Chun, Young-Soo;Park, Ji-Young;Lee, Bum-Sik;Jun, Myoung-Hoon
    • Land and Housing Review
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    • v.2 no.4
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    • pp.355-365
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    • 2011
  • Construction duration is very important as a factor which comprises three axises of construction management with quality and cost in construction project. In general project condition, construction duration is optimized while minimizing construction cost and securing required quality. However, in case of insufficient project time duration or delayed projects, project progress management is different from those of normal projects. These project areas need solutions to complete work within a given completion day. To time shortening the current duration of each typical floor of structural framework in apartment construction is investigated, and a basic time schedule planning for typical floor of structural framework in normal projects is planned. This study proposed 3 ways for time shortening of urgent project or insufficient construction duration project. Also, This study proposed detailed time shortening method and technical solution conditions while time is shortened.

OFF-SITE MANUFACTURE OF APARTMENT BUILDINGS

  • Neville Boyd
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.304-310
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    • 2011
  • The populations of major cities in Australia are increasing rapidly and facing an acute housing shortage. Traditional apartment procurement techniques involve lengthy lead-times and factory-based, or offsite manufactured (OSM) multi-storey apartment buildings may offer the opportunity to help fulfill the need by significantly reducing build times. Other advantages of OSM may include superior quality, low weight ratios, economies of scale achieved through repetition of prefabricated units, use on infill sites, sustainable design standards and better occupational health and safety. There are also positive labour and training implications, which may help to alleviate an industry-wide shortage of skills through use of semi-skilled labour. Previous uncertainties about the adoption of offsite due to the high capital costs and perception issues were generally based on pre-cast concrete structures, which are quite a different building type in terms of flexibility, construction, delivery and finishes. Identification of drivers and constraints assists in the determination of current industry status, allows for a benchmark to be established and future opportunities and directions for OSM to be determined.

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A Calculation Model of Site Management Manpower for Apartment Building Construction Project (공동주택의 현장관리 인력 산출모형 연구)

  • Kwon, Gi-Deoc;Kim, Sun-Kuk;Won, Il-Woo;Joo, Jin-Kyu;Lee, Goon-Jae
    • KIEAE Journal
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    • v.11 no.4
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    • pp.47-54
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    • 2011
  • Construction companies find it increasingly necessary to reduce the cost as the construction market has been suffering from a depression and the industrial environment has been changing fast lately. The cost cut demands the productivity management of the field operations, which can be made feasible by assigning an appropriate number of managers on the construction site. However, previous studies are focused on the labor productivity and construction companies take into account only the revenue per worker in organizing the staff. The purpose of this study is to research the model for calculating the field management manpower in accordance with the characteristic of project and site conditions which are usually considered in the beginning of the construction project. The data about apartment building projects of domestic large constructors and factors related to them were statistically analyzed. The results of this study can be used to calculate the necessary field management manpower in accordance with the characteristic of project.

A Study on the Risk Evaluation of Apartment Development Project based on VE (VE기반 공동주택 개발사업 리스크 평가에 관한 연구)

  • Lee, Hyun-Chul;Shin, Seog-Bae;Hong, Ju-Hyun;Go, Seong-Seok
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.4
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    • pp.14-25
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    • 2009
  • Development work of apartment houses is a complex medium-and long-term project requiring grand resources and work force. Since in combination inner and outer project variables relate to project output, uncertainties caused by not only a given site condition but also politic, economy and social sectors are generated during the project. These risks influence output of the project as important factors, and ultimately as management variables in priority giving an effect on earnings and the financial structure of enterprises they should be manageable with the risk reduction plan. In this point of view, this study focused on development work of apartment houses among construction project. Risky factors were deduced, analyzed and evaluated based on Value Engineering from planning to designing to executing to maintaining. Eventually, this study showed the foundation guaranteeing competitive power of public and private construction sectors.

A Study on the Evaluation Criteria for Feasibility Analysis of Apartment House Development Project (공동주택 개발사업 타당성 평가항목에 관한 연구)

  • Hong, Ju-Hyun;Go, Seong-Seok
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.1
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    • pp.102-113
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    • 2009
  • When planning and promoting apartment house development project, it is very important to carry on profitability in planning stage through realistic evaluation and analysis about distributability. Especially, the analysis about project feasibility through forecasting the early distribute rate is crucial stage because it could evaluate overall expecting benefit and feasibility of the project. However, researches and studies related with forecasting profitability and distributabilty of construction development project are insufficient. Also there is a big gap of the standard for evaluating early distribute rate between government and individual corporations. So it is necessary to study about the evaluating early distribute rate. In this point, this study aims to present effective evaluating standard(criteria) which is for forecasting profitability and distribute rate through analyzing various factors and weight of apartment house development projects. This study compared and analyzed examples of the real initial rate of private apartment sale based on the government estimated standard. Among estimated index, omitted items and factors to be additionally considered are combined as 33 detail appraisal contents of 4 parts 9 items by allotting them based on the data about priority of all considered factors.