• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2007.11a
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• pp.652-655
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• 2007

Due to stagnation of domestic market, increasing number of domestic construction companies started to make inroads into foreign market recently. Yet compared to domestic market, there are much more risks in the foreign market which companies may confront. So deliberate and rational decision making skills are required. Accordingly, there has been many researches which analyzed the risk of individual markets and also studies covering decision support models. In this study, we suggest a model concerning financial issues when branching out into a new market, specially in the construction companies' point of view. For this we used a real options game which shows real competition status of a new market and deduced a feature of that market, Upon these results, we also suggest a model which helps firms to decide whether investing in the expansion is smart action or not. The model developed in this study is made in specific circumstances of limited conditions. The future study makes more realistic models considering subjects like disproportion in information and generalization of competing companies.

• Journal of the Korea Institute of Building Construction
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• v.24 no.3
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• pp.319-329
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• 2024

This study examined domestic and international regulations concerning concrete unit weight, along with an evaluation of unit weight in concrete poured on construction sites. Fluctuations in unit weight were observed to correlate with concrete quality issues such as material separation, bleeding, and latency. A word cloud analysis, centered on the concept of concrete quality, further highlighted the significant influence of unit weight. Comparative analysis between Korea and Japan revealed few substantial differences in unit weight management and measurement techniques. However, calculation of concrete unit weight at delivery, using the unit volume mass method, indicated considerable variability among random on-site samples. Notably, the unit weight often exceeded the recommended standard. These findings emphasize the necessity for strict adherence to unit weight standards by all stakeholders involved in concrete production and construction, including ready-mix concrete (REMICON) producers, construction firms, and inspectors. To ensure consistent quality of cast concrete on-site, the establishment of a more comprehensive and practical system is recommended, incorporating measures such as on-site inspections.

• Journal of Digital Convergence
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• v.11 no.4
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• pp.235-241
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• 2013

In the Globalization of the business environment and the rapid technological development, the technology and intelligence are important advantages for the lack of funding SMEs, For management innovation and strengthen the competitiveness of enterprises, the information is the most efficient and powerful management tool. As a result, most of the medium-sized manufacturing firms introduction of the ERP system in order to promote the informatization. However, in reality, there are not much cases which show the tangible achievements by introduction of the ERP system. Therefore, this study searches on the Construction plan of Information Management System of the domestic small and medium manufacturing enterprises. Based on established construction method strategy Information management System apply to domestic small and medium sized manufacturing companies. In particular, information management system, that strategy was applied by considering the characteristics of SMEs and manufacturing enterprises.

• Korean Journal of Construction Engineering and Management
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• v.21 no.3
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• pp.76-84
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• 2020

The rate of application of the modular plant in the plant industry is increasing, and for the success of the modularization projects, it is essential to develop and implement a systemized methodology across all phases of the project. However, Korean EPC firms lack project management capability when it comes to apply standardized methodology. Therefore, it is important to establish and systematize the cost/schedule integrated management method which are the two core elements of project management technology. This study was conducted to develop a methodology and guidelines for integrated management process for modular plant projects. The researchers developed a methodology for planning and managing cost and schedule, and integrated by module unit. Integrated cost and schedule methodology and guidelines developed can be used for various EPC modular plant projects to enhance the efficiency of project management.

• Korean Journal of Construction Engineering and Management
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• v.12 no.2
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• pp.143-151
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• 2011

The process of design management by public client has not performed effectively due to lack of the formal guidelines and procedures in domestic public projects. The purpose of this research is to develop the guidelines and procedures of design management for public clients. The research methodology is to analyze current status of design management process in domestic and overseas cases and to develop the guidelines based on the administrative stages of design process along the project. The guidelines of design management developed by the design stages of pre-contract, contract, and post-contract stages to classify administrative procedures. The outcome of this research is able to be utilized by the public clients and design firms to standardize the process of design management and minimize potential risk during the process of the project.

• Journal of the Korea Institute of Building Construction
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• v.23 no.6
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• pp.785-796
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• 2023

The adoption of Environmental, Social, and Governance(ESG) practices in domestic construction firms is predominantly driven by major corporations. These companies not only publish reports on their ESG management but also engage in a meticulous process of identifying key issues and setting priorities. This process entails an in-depth evaluation of the severity of various issues and the gathering of insights from experts in the field. Interestingly, a comparative analysis of ESG assessments for construction companies, both domestically and internationally, reveals significant discrepancies in outcomes. These differences stem from the varied evaluation methodologies and criteria employed by different assessing bodies. Addressing this gap, our study proposes a suite of strategies aimed at bolstering ESG management within the construction sector. We advocate for enhanced policy support and financial backing, especially targeting small and medium-sized enterprises(SMEs) to facilitate their engagement in ESG practices. A critical step forward involves the standardization and transparent disclosure of ESG evaluation criteria, tailored to reflect the unique aspects of the construction industry. Moreover, the standardization and publication of ESG assessments for subcontractors are essential, equipping them with the necessary tools for effective ESG management and evaluation. Given the global nature of construction projects, particularly those commissioned by the European Union in regions like Africa and East Asia, adherence to ESG standards is imperative. Our long-term vision includes the development of a comprehensive database detailing ESG regulations and their impacts, segmented by region and country. This repository will serve as a valuable resource for companies venturing into international construction projects.

• Korean Journal of Construction Engineering and Management
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• v.5 no.3 s.19
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• pp.88-96
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• 2004

Recently, client requirements concept is an important issue related to many effects of firms. Especially, if we think that apartment is given a great deal of national construction industry, it is requested that we should try to improve apartment quality with various methods of client requirements survey and reflecting those on apartment project. The technique searching and applying client requirements to apartment project is requested for that and ROQ(Return On Quality) process connected to QFD(Quality Function Deployment) is a technique which is used in manufacturing industry and help to make money by rising client satisfaction with searching clients requirements, and applying this to quality improvement program. In this study apartment quality management development is suggested through using ROQ process. For this customer interview research and FGI(Focus Group Interview) was carried out and clients requirement was analyzed with this. Then quality improvement program applicable to developing a new apartment product was established with specialist monitoring. A new apartment quality management development plan is prosed with this process.

• Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
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• v.27 no.3
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• pp.331-345
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• 2009

This study aims to standardize the work classification system in spatial data. Up to now, a systematic standard for constructing process and quality management has not yet been established in Korea, thus, it is possible for the national budget to be wasted. The regulations related to constructing spatial data are also obscure, and absurd for feasible application to reality, which results in a lack of reliability of the quality of spatial data. This study was conducted by investigating and analyzing regulations related to spatial data quality and various literature, including studies on spatial data quality conducted by the NGII. And also, the study was conducted by investigating and analyzing the constructing processes and working methods of major firms that have experience in constructing a GIS for a local governing body. Based on the analyzed data, we standardized work classification and management methodology for control point surveying using GPS, leveling, aerial photographing, digital mapping, topographic mapping, digital elevation modeling, aerial photographic DB construction, digital orthophotomap.

• International conference on construction engineering and project management
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• 2007.03a
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• pp.642-652
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• 2007

Many contracting firms and project managers in the construction industry have started to utilize multi objective optimization methods to handle multiple conflicting goals for completing the project within the stipulated time and budget with required quality and safety. These optimization methods have increased the pressure on decision makers to search for an optimal resources utilization plan that optimizes simultaneously the total project cost, completion time, and crashing cost by considering indirect cost, contractual penalty cost etc., practically charging them in terms of direct cost of the project which is fuzzy in nature. This paper presents a multiple fuzzy goal programming model (MFGP) that supports decision makers in performing the challenging task. The model incorporates the fuzziness which stems from the imprecise aspiration levels attained by the decision maker to these objectives that are quantified through fuzzy linear membership function. The membership values of these objectives are then maximized which forms the fuzzy decision. The problem is solved using LINGO 8 optimization solver and the best compromise solution is identified. Comparison between solutions of MFGP, fuzzy multi objective linear programming (FMOLP) and multiple goal programming (MGP) are also presented. Additionally, an interactive decision making process is developed to enable the decision maker to interact with the system in modifying the fuzzy data and model parameters until a satisfactory solution is obtained. A case study is considered to demonstrate the feasibility of the proposed model for optimization of project network parameters in the construction industry.

• Journal of Korea Society of Digital Industry and Information Management
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• v.12 no.3
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• pp.273-297
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• 2016

With research findings that the righteous and advanced society relies on the microscopic personal experience related to the justice as well as the perilous reality of 70% of corporate employees in all industrial environment, this study samples employees in the manufacturing and construction industry, both of which take up 40% of all industries, to look into how the awareness of the justice within their organizations influences the organizational commitment through psychological capital and occupational satisfaction; and to understand the beginnings for the macroscopic change. As a result of verifying the interrelationship between the justice and psychological factors, distributive justice and interactive justice are in a positive relationship with the psychological capital while procedural justice shows no influence; the procedural justice and interactive justice are positive with the occupational satisfaction whereas the distributive justice shows no influence. Also psychological capital appears positive with the occupational satisfaction and organizational commitment while occupational satisfaction is positively related to the organizational commitment.