• Title/Summary/Keyword: Construction Efficiency

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A Analysis of the Noise Reduction Measures Efficiency in the Downtown Construction the Remodeling (도심지 공사에서의 소음방지 효과에 관한 연구 - 실시공 사례를 위주로 -)

  • Cho, Hyun-Woo;Park, Jeong-Hun;Kang, Kyung-In
    • Journal of the Korea Institute of Building Construction
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    • v.3 no.4
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    • pp.123-128
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    • 2003
  • The purpose of this study is to analyze the efficiency of the noise reduction measure in the downtown construction. For decades, the life level rise in Korea makes the environmental issues developed the important issues. Specially the noise problems have become the hot issue in the building construction. This study covers the efficiency of the measures, which is used in the construction field to reduce the noise. The case was obtained by Korean E&C company in 2003. It is used as important sources. The results of this study are as follows; the reduction efficiency is higher than that of the old measure. But more efforts are needed to comfort nearby residents.

An Approach on Life Cycle Based Efficiency Measurement in Construction Industry (건설 생산의 Life Cycle을 고려한 효율성 측정방안)

  • Jung Soon-Oh;Yoon Su-Won;Chin Sangyoon;Kim Yea-Sang;Park Ji-Hoon
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2004.11a
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    • pp.608-611
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    • 2004
  • Efficiency of the construction process is one of the most important factors to project success. However efficiency is not well defined or measured in construction projects in general. More importantly, efficiency of the construction should be viewed through the life-cycle of the whole production system not in a single phase of the construction process. Therefore, this study defines the concept of efficiency and suggests the efficiency measurement model in construction. As a case study, the suggested model was applied to the curtain wall construction process of the high rise buildings as well.

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A STUDY ON INTANGIBLE ASSET EVALUATION MODELING FOR CONSTRUCTION MANAGEMENT EFFICIENCY

  • Soyean Lim;Hyun-Chul Lee;Woo-Sung Yoon;Seong-Seok Go
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.876-882
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    • 2009
  • With overall opening of global construction market by World Trade Organization (WTO) agreements, importance of management efficiency of construction industry which considers both tangible and intangible assets is recently being recognized in our nation. That is, efforts for reinforcement of competitiveness must be placed through maximization of values of internal and external intangible assets of construction industry such as management innovation, information, investment in technology and R&D and intellectual property. Accordingly in this study, evaluation criteria for intangible assets of construction industry were investigated and classified. Using such criteria, evaluation index and model were established based on the degree of importance of each criterion. The purpose of this study is to review importance of intangible assets in terms of competitiveness and management efficiency of construction industry and to provide basic data for establishment of intangible assets and revitalization of investment.

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Efficiency Analysis of Construction Firms Using a Combined AHP and DEA Model (AHP와 DEA 결합모델을 이용한 상장 건설기업의 효율성 분석)

  • Seo, Kwang-Kyu;Choi, Da-Young
    • The Journal of the Korea Contents Association
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    • v.11 no.6
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    • pp.302-310
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    • 2011
  • Recently, many construction firms fall on hard times because construction business continues to stagnate. In this paper, we analyze the efficiency of the listed construction firms using a combined AHP and DEA model. In order to determine the input and output factors of DEA, the AHP model is applied to evaluate the importance of input and output factors. The benchmarking companies and efficiency value for the construction firms with inefficiency are also provided to improve the their efficiency. We analyzed the 57 listed companies consisted of 36 listed on KOSPI and 21 listed on KOSDAQ at the end of 2009. The analysis results show that eleven companies whose values of CCR are 1, and fourteen enterprises whose values of BCC efficiency are 1. In additions, the eleven firms have the scalability efficiency. Finally, we test the correlation between efficiency and the stock price and the correlation coefficient of efficiency group is 0.7 in the CCR model.

A Combined ANP and DEA Model based Efficiency Analysis of the Listed Construction Firms (ANP와 DEA 결합모델 기반의 상장 건설기업의 효율성 분석)

  • Seo, Kwang-Kyu
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.12 no.10
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    • pp.4354-4358
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    • 2011
  • Many Korean construction companies have fallen on hard times because the construction business continues to stagnate. Therefore it is necessary to measure the management efficiency for efficient operation and strengthening competitiveness of them in order to survive a difficult situation. This paper proposes a combined ANP and DEA model to analyze the efficiency of the listed construction firms. In order to determine the input and output variables of DEA, the ANP model is applied to evaluate the importance of input and output variables. The benchmarking companies and efficiency value for the construction firms with inefficiency are also provided to improve the their efficiency. The 57 listed construction companies consisted of 36 listed on KOSPI and 21 listed on KOSDAQ are analyzed in this study. The analysis results show that 11 companies whose values of CCR are 1, and 14 firms whose values of BCC efficiency are 1. In additions, the 19 firms have the scalability efficiency. Finally, we test the correlation between efficiency and the stock price.

Efficiency of Design Changes by Comparing the Availability of Excel and the Cost-of-construction Program (엑셀과 적산프로그램의 가용성 비교를 통한 설계변경 업무의 효율성 방안)

  • Ryu, BoHyeun;Jeon, SangHoon
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2021.05a
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    • pp.325-326
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    • 2021
  • Design changes are inevitable areas of work for construction engineers as they occur frequently in the construction site, and are becoming a technical measure of the technical person to the design change. In this study, the purpose is to analyze by comparing the availability of excel and the enscised program during design changes through the case, and to present the efficiency of the the Cost-of-construction Program.

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A Study on the Application State of the Fenestration Energy Consumption Efficiency Rating System in Construction Field (소규모 민간건축 시공현장에 있어서 창호에너지 소비효율등급제의 적용 현황에 관한 연구)

  • Kang, Suk-Pyo;Jin, Eun-Mi;Yun, Yeo-Myun;Park, Sang-Eun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2014.05a
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    • pp.24-25
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    • 2014
  • Up to now, most the fenestration industry is consisted of glazing and window frame in Korea. According to the Fenestration Energy Consumption Efficiency Rating System and Energy Saving Design Standards of Buildings, u-value of fenestration is defined as the value of calculation with glazing and frame. For this reason, when applying for a building permit, in most cases, the official approval test report of the set of windows and doors is used. Nevertheless, in windows construction progresses, most construction manager take delivery of the glazing and frame separately. For those reason, windows and doors are constructed regardless of the report of the Fenestration Energy Consumption Efficiency Rating System in most construction fields. From now on, the research of the connection method between reality of policy and reality of construction fields should be carried out.

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A COMPARATIVE ANALYSIS ON EFFICIENCY AND TOTAL FACTOR PRODUCTIVITY IN CONSTRUCTION FIRMS BETWEEN KOREA AND JAPAN

  • J.L. Park;S.S. Kim;D.J. Kwark;J.G. Park;J.H. Kim;J.J. Kim
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.315-320
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    • 2013
  • The aim of this study is to compare efficiency and Total Factor Productivity(TFP) between Korean and Japanese construction firms in Korea and Japan over the period of 2005-2011. The results of this study are as follows. Efficiency scores of Korean construction firms are 0.797, and Japanese construction firms are 0.921. Second, annual total factor productivity growth of Korean construction firms is 0.5% and technical progress do much for TFP decrease. However Japanese construction firms marked annual increasing of 2.5% of TFP. Third, technical progress contributed in TFP increase of construction firms in Korea. Korean construction firms, however, relatively lagged behind Japanese construction firms in technical progress. Therefore, Korean construction firms need strategies to achieve technical advances including adopting new technology or process innovation to maintain competitiveness, survive, and develop in the future competition with Japan.

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Determinants of Efficiency of Specialty Construction Companies Using DEA and Tobit Regression Models (DEA와 토빗회귀 모형을 이용한 전문건설기업 효율성 결정요인 분석)

  • Jung, Dae-Woon;Son, Young-Hoon;Kim, Kyung-Rai
    • Korean Journal of Construction Engineering and Management
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    • v.25 no.2
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    • pp.45-55
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    • 2024
  • This study analyzed the efficiency determinants of specialty construction companies by industry using the DEA model and the Tobit model. The analysis targets are 394 specialty construction companies as of 2022. As a result of analysis of efficiency determinants using 12 company characteristics as independent variables, the biggest problem for specialty construction companies was overall efficiency reduction due to rising labor costs. In addition, in a situation where construction companies' loan regulations are severe, the debt ratio was found to have a positive effect on efficiency. Company size had a different impact by industry, and the number of businesses held, credit score, and total capital turnover had an effect only on some industries. This study presents results that are an advance on existing research in that it strategically analyzes factors for improving the efficiency of specialty construction companies. However, it has limitations such as limiting the analysis to only specialty construction companies subject to external audit, insufficient number of companies subject to analysis by industry, and analyzing relative efficiency in the same category for each industry.

Efficiency Analysis of Euro-Form and Aluminum-form (유로폼과 알루미늄폼의 효율성 분석)

  • Kim, Jin-Won;Yoo, Seung-Kyu;Kim, Jae-Jun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2010.05a
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    • pp.41-44
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    • 2010
  • Presently, the apartment house is being constructed by the very various methods. Among them, the formwork having the process rate of 60~70% of the whole construction work is most important. So this study was analyzed comparing euro-form with aluminium-form in the formwork. A case study is using euro-form and aluminum-form in the framework, inquiry into a similar case construction site of below the 20 floor. Then this case analyzed efficiency; construction period, construction cost, workability. Consequently, the aluminum-form is more effective than the euro-form in the construction site of below the 20 floor.

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