• Title/Summary/Keyword: Capital Construction

Search Result 467, Processing Time 0.026 seconds

SUSTAINABILITY SOLUTIONS USING TRENCHLESS TECHNOLOGIES IN URBAN UNDERGROUND INFRASTRUCTURE DEVELOPMENT

  • Dae-Hyun (Dan) Koo;Samuel Ariaratnam
    • International conference on construction engineering and project management
    • /
    • 2013.01a
    • /
    • pp.367-374
    • /
    • 2013
  • Underground infrastructure systems provide essential public services and goods through buried structures including water and sewer, gas and petroleum, power and communication pipelines. The majority of existing underground infrastructure systems was installed in green field areas prior to development of complex urban built environments. Currently, there is a global trend to escalate major demand for underground infrastructure system renewal and new installation while minimizing disruption and maintaining functions of existing superstructures. Therefore, Engineers and utility owners are rigorously seeking technologies that minimize environmental, social, and economic impact during the renewal and installation process. Trenchless technologies have proven to be socially less disruptive, more environmentally friendly, energy conservative and economically viable alternative methods. All of those benefits are adequate to enhance overall sustainability. This paper describes effective sustainable solutions using trenchless technologies. Sustainability is assessed by a comparison between conventional open cut and trenchless technology methods. Sustainability analysis is based on a broad perspective combining the three main aspects of sustainability: economic; environmental; and social. Economic includes construction cost, benefit, and social cost analysis. Environmental includes emission estimation and environmental quality impact study. Social includes various social impacts on an urban area. This paper summarizes sustainable trenchless technology solutions and presents a sustainable construction method selection process in a proposed framework to be used in urban underground infrastructure capital improvement projects.

  • PDF

BENCHMARKING THE PREPROJECT PLANNING PRACTICE FOR THE BUILDING CONSTRUCTION INDUSTRY IN TAIWAN

  • Yu-Ren Wang;Yi-Jao Chen;Chun-Yin Yu;Shin-Si Jang
    • International conference on construction engineering and project management
    • /
    • 2011.02a
    • /
    • pp.324-329
    • /
    • 2011
  • Significant decisions are made by the project team during the early planning phase of capital facility project developments. The preproject planning phase begins after a decision is made to proceed with a project concept and continues until the detail design stage. Many of the industry practitioners and researchers have recognized the importance of preproject planning and that inadequate early planning is one of the key factors affecting project success. Nevertheless, the preproject planning practices vary significantly for the construction industry in Taiwan and the quality of preproject planning relies heavily on individual project team's experience. This research sets out to benchmark the preproject planning practice for the building construction industry in Taiwan. From late 2007 to early 2010, the researchers collected information from a total of 92 building construction projects using questionnaire survey. The analysis results show that the surveyed projects with better preproject planning have better cost and schedule performances on average. It is recommended that project team spend more efforts in the preproject planning stage to have a better chance of achieving project success.

  • PDF

Preliminary study on the Review Project Viability to Rahmen Structure (라멘조 공법의 사업성 검토에 관한 기초연구)

  • Lee, Sung-Ho;Joo, Jin-Kyu;Lee, Goon-Jae;Kim, Sun-Kuk
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2011.11a
    • /
    • pp.139-140
    • /
    • 2011
  • The government encourages adoption of Rahmen structure design to ensure efficient management of national resources. However, in comparison with bearing-wall structure, Rahmen structure requires higher unit construction cost and present challenges in terms of securing adequate floor area ratio and floor height. That is why project clients have been disinterested in adoption of Rahmen structure design. Therefore, we have attempted to find factors having influence on decline of project viability for Rahmen structure. This study will be utilized as a basic reference study for promotion of Green Frame design which is a composite PC structure already developed.

  • PDF

Regarding the Advance Scheme of Asian Construction Plant Market -Focused on Cooperation Plan of Korea and Japan- (아시아 건설플랜트시장의 진출방안에 대하여 - 한.일 협력방안을 중심으로 -)

  • 신용하
    • Journal of Korean Society of Industrial and Systems Engineering
    • /
    • v.20 no.43
    • /
    • pp.381-392
    • /
    • 1997
  • Korea and Japan have maintained an intimate relationship of economic exchange. However, even though both countries have made sound advances in the ASIAN market, they have not established mutually remarkable cooperative relations and advances in the ASIAN market. If korean companies with abundant experience and management ability provide able managers and skilled labor and if Japanese companies provide construction technology, capital and information, they could enjoy enomorous mutual benefits by advancing in the area of plant construction in foreign countries. Therefore, if they cooperate with each other by establishing complementary cooperation, both countries can gain an advantage in international competitiveness with western advanced countries.

  • PDF

Comparative Study on Benefit Evaluation of Urban Rail Construction Project : Korea vs Japan (도시철도 건설사업의 편익계측에 관한 한일 비교연구)

  • 최창식;김경철;김용일
    • Proceedings of the KSR Conference
    • /
    • 1999.11a
    • /
    • pp.17-26
    • /
    • 1999
  • This paper studies on the benefit evaluation of urban railway construction project. We compares Korean Method with Japanese in calculating the generalized cost(GC) of a trip. In Japan, the disadvantage of transferring to another mode or line is included to calculate GC of trip. And environmental effects are contained directly as rail construction benefit. But in Korea, inconvenience of transferring facilities like stairways and passageway for riding a subway is not accounted to analyse benefit. As a result, there is a little investigate to improve and overcoming the inconvenience facilities of transfer, access, and egress. So, we suggest the containing the disadvantage measure of transferring facilities when subway riderships are forecasted. That will be reduced tile capital size of subway.

  • PDF

A study on Unification Plan of Construction Information Systems in Social Overhead Capital fields -the subject for Business Process of the first stage of Project Management- (SOC분야의 건설정보시스템 통합 방안 연구 -건설사업관리 초기단계 업무 대상-)

  • Kim, SeongJin;Kim, NamGon
    • Proceedings of the Korea Information Processing Society Conference
    • /
    • 2012.11a
    • /
    • pp.1689-1690
    • /
    • 2012
  • 본 연구는 국토해양부의 도로 하천 항만건설분야에 적용중인 건설정보시스템(건설사업관리시스템 항만건설통합정보시스템) 간에 차이점을 파악하고, 공사계약이 체결된 이후인 사업관리 초기단계에서 건설 정보시스템을 이용한 사용자등록, 사업 공사등록 및 공사 대장 작성 보고 업무를 대상으로 시스템간 통합 방안을 마련하고자 한다.

Derivation of vulnerable infrastructure services by region through survey of infrastructure service satisfaction (인프라 충족도 비교를 통한 지역별 인프라 서비스 특성 분석)

  • Jun, Young-Hun;Lee, Seul-ki;Ko, Hyun-A
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2020.11a
    • /
    • pp.171-172
    • /
    • 2020
  • In this study, in order to understand the needs for infrastructure services experienced by the public, we compared the level of infrastructure service satisfaction and analyzed the characteristics of infrastructure services by region. In this study, as a result of comparing the level of infrastructure satisfaction between regions, transportation and living infrastructure services were generally low. However, the characteristics of infrastructure services within the region are clearly different from the results of the infrastructure satisfaction between regions. Therefore, it is necessary to examine the level of infrastructure satisfaction within the overlooked region, and the satisfaction, improvement importance, respondent characteristics, and quantitative indicators need to be considered.

  • PDF

A Study on the Methodology to Performance Security on the Korea Small/Medium Sized Construction Firms for Venturing into International Market (국내 중소건설업체의 해외 진출 활성화를 위한 건설 보증 확대 방안에 관한 연구)

  • Ahn, Hyoung-Jun;Kim, Ju-Hyung;Kim, Jae-Jun
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2009.11a
    • /
    • pp.225-229
    • /
    • 2009
  • International construction market has been open to other countries, and it derives the development of our overseas construction industry quantitatively as well as qualitatively. Until now, the major companies have an absolute majority in the overseas construction market, and the small and medium enterprises have had difficulty to get a leadership in the international construction market because of the lack of the technical expertise and the capital strength. Especially in the Middle East Asia, our construction companies has touched off a boom, so our market share also has grown, which derived from the up toward ratchet oil prices and a worldwide boom in real estate development. The small and medium enterprise minority have recognition that the overseas construction market is the major company's native territory. But Data from the existing researches and many statistics indicate the most companies tend to underestimate the capacity and international competitiveness of the small and medium enterprises. As a matter of fact, hundreds of small and medium enterprise cut a conspicuous figure in overseas market. Consequently, it is indispensable to overcome the international financial crisis by revitalizing our overseas construction industry which obtains excellent results in international market. this study suggested the ways to expand overseas bonding capacity of Korean financial institution. This study proposed the Korean government to allow Construction Guarantee (former Korea Construction Financial Cooperative) to deal with foreign exchange so that Construction Guarantee will underwrite the overseas construction bond.

  • PDF

A Study on the Development of the Cash-Flow Forecasting Model in Apartment Business factoring tn Housing Payment Collection Pattern and Payment Condition for Construction Expences (분양대금 납부패턴과 공사대금 지급방식 변화를 고려한 공동주택사업의 현금흐름 예측모델 개발에 관한 연구)

  • Kim Soon-Young;Kim Kyoon-Tai;Han Choong-Hee
    • Proceedings of the Korean Institute Of Construction Engineering and Management
    • /
    • autumn
    • /
    • pp.353-358
    • /
    • 2001
  • Since the financial crisis broke out, liquidity has become the critical issue in housing construction industry. In order to secure liquidity, it is prerequisite to precisely forecast cash flow. However, construction companies have failed to come up with a systematic process to manage and forecast cash flow. Until now, companies have solely relied on the prediction of profits and losses, which is carried out as they review business feasibility. To obtain more accurate cash flow forecast model, practical pattern of payments should be taken into account. In this theory, basic model that analyzes practical housing payment collection pattern resulting from prepayments and arrears is described. This model is to complement conventional cash flow forecast scheme in the phase of business feasibility review. Analysis result on final losses in cash that occur as a result of prepayment and arrears is considered in this model. Additionally, in the estimation of construction cost in the phase of business feasibility review, real construction prices instead of official prices are applied to enhance accuracy of cash outflow forecast. The proportion of payment made by a bill and changes in payment date caused by rescheduling of a bill are also factored in to estimate cash outflow. This model would contribute to achieving accurate cash flow forecast that better reflect real situation and to enhancing efficiency in capital management by giving a clear picture with regard to the demand and supply timing of capital.

  • PDF

An empirical Study on Effects that IR activities of construction manufacturers cause to stock prices (건설기업의 IR(투자자관계)활동이 주가에 미치는 영향에 관한 연구)

  • Jung, Kyung-Taek;Yoon, Ja-Young;Kim, Jae-Jun;Choi, In-Sig
    • Korean Journal of Construction Engineering and Management
    • /
    • v.8 no.2
    • /
    • pp.101-108
    • /
    • 2007
  • Currently construction corporations also is whether executing or planning IR activities as other corporation do. We will analyze correlation between stock price and IR activities and execute actual analysis of how IR activities influence stock price in order to identify positive influence of IR activities on Construction Corporations which are executing IR activities for raising capital and investors. We make two hypothesizes through searching thesis and interviewing experts. Two hypothesizes are as follows. First of all, stock price will increase in terms of public of IR activities. Second of all, IR activities targeted on domestic investors will be very successful. We deduce conclusions through verifying two hypothesizes. Conclusions are as follows. First of all, IR activities of construction corporations influence stock price positively. Second of all, IR activities targeted on international are more effective than on domestic Third of all, even though IR activities targeted on domestic is less effective than on international, it is indicated that it have positive influences. Construction corporations give investors frostiness and then will expect to raise capital and renew $its^{\circ}{\phi}$ imageby well executing IR activities.