• Title/Summary/Keyword: Construction business

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The Change in Construction Industry of Korea from the 1920s to the 1930s : Researching Activities of Hanazono Sakichi (하나조노 사키치의 활동을 통해 본 1920-30년대 청부업의 변화)

  • Lee, Soo-Neon;Jeon, Bong-Hee
    • Journal of architectural history
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    • v.29 no.2
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    • pp.7-18
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    • 2020
  • The purpose of this study is to examine the construction industry of Korea from the 1920s to the 1930s by analyzing activities of construction-contractors trying to overcome the recession of the construction industry and intensified competition in the industry. In this paper, I looked at the activities of Hanazono Sakichi as concrete examples. First of all, with the strategy of the vertical integration, by manufacturing and selling building materials, Hanazono Sakichi expanded his company and the scope of contract business. The second, he attempted to diversify related projects. Through related diversification, he seemed to have earned not only land management profit but also advantages from related construction. These aspects were not only seen by Hanazono's activities but also by other contractors'. On the other hand, a few contractors have taken over a trust company to secure the funds for land management. Attempts to maximize personal interests through the expansion and diversification of contractors' business can be seen as overcoming the pre-1920s environment, where almost construct works were ordered under the government, and creating opportunities for the private sector to work and make profit by themselves. In the end, it can be mentioned that 'the contractor' established 'the construction industry' through this process.

A PROPOSAL OF CONSTRUCTABILITY REVIEW IN THE BASIC DESIGN STEP FOR DESIGN-BUILD PROJECTS

  • Sung-Wook Choi;Young-Woong Song;Yoon-Ki Choi;Dong-Woo Shin;Jae-Youl Chun
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.1150-1153
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    • 2005
  • The orders of Design-Build Delivery System (DBDS) in a large and public construction project have been increasing. Single Source Responsibility (SSR) for design and construction, which contributes to quality improvement of design and construction, has been performed. The DBDS performs SSR for design and construction, but, it has not maximized effect because of the dissatisfied alternative analysis procedures which are based on constructability evaluation and the information system in the design step. In this research, Constructability Evaluation Factors (CEFs) that must be evaluated, investigated, and reflected in the basic design step for design-build projects. The CEF proposed and the business process of each conductor has been systematized. To propose constructability evaluation factors, first classify drawing information by the constructability evaluation sphere. CEFs must be proposed to evaluate factors according to interference among work items. Second, applicable CEFs must be classified by preference ranking and weight. Third, the values of constructability factors in accordance with building elements and work items, need to be calculated. Finally, the CEFs proposal will support rational decision making, design cost reduction, and quality improvement through the values for constructability of building elements and work items.

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Construction Cost Segregation Process using Building Information Modeling

  • Zhou, Rong;Li, Huimin;Zhang, Chengyi;Lv, Lelin;Tian, Junrui;Cakir, Sevilay Demirkesen
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.1106-1113
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    • 2022
  • Cost segregation helps reduce tax liabilities by reclassifying real property to personal property and accelerates tax depreciation of a property. A typical cost segregation study requires much time and high costs. This study proposed a BIM integrated cost segregation process that can be applied to any commercial building project. The proposed BIM-based cost segregation process was verified in a new commercial construction project. It approved that this approach can: (1) increase the cash flow for the owner and provide assistance to tax-paying enterprises; (2) enable the contractor to use it as an added value in the bidding process; (3) realize data sharing in a common platform to improve the cost segregation study efficiency and reduce costs and errors; (4) contribute to the asset management in the life cycle of buildings while filling in the blank of cost segregation process. Future studies will focus on the automation of cost segregation and asset management in building construction's life cycle.

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Analysis of the Effectiveness of Project Risk Management (PRM) on the Project Success: Focused on the Implementation Phase of Overseas Construction Projects (프로젝트 리스크 관리(PRM)가 프로젝트 성공에 미치는 효과성 분석: 해외건설사업 수행단계 전반을 중심으로)

  • Sullim Jung;Dae-Cheol Kim
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.46 no.3
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    • pp.221-230
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    • 2023
  • Under increased complexity and uncertainty of overseas construction projects, it is important for construction companies to improve their own project risk management capabilities instead of risk-taking strategies to secure competitiveness in the overseas construction market. Although most of the risks occur in project execution stage, many previous studies focused on planning stage including risk identification and analysis among PRM process. Therefore, this study aims to verify the effectiveness of whole PRM process during project execution stage through empirical study on participants of overseas construction projects. As the result it was found that first, the factor directly affects the project success is the execution process of PRM. It implies that appropriate actions such as appointing charged manager for risks, timely implementation of responding plan, continuous risk monitoring and updating established plan are the key for contribution to the project success. Second, the importance of communication in PRM is also found, which is not conducted at a specific but throughout the entire PRM process and need to be managed as essential factor for successful PRM..

Business Process Model for Urban Regeneration Project using BPMN Modeling Method (BPMN 모델링 방식을 활용한 도시환경정비사업 업무프로세스 모델)

  • Kim, Jae-Wook;Ryu, Han-Kuk;Son, Bo-Sik;Choi, Yoon-Ki
    • Korean Journal of Construction Engineering and Management
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    • v.11 no.4
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    • pp.41-50
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    • 2010
  • From 2000s, the development to improve space use of urban area has been requested because of unorganized urban development in 1960~70s. For this reason Urban Redevelopment projects have been changed to urban regeneration project based on the renewed law. Recent urban regeneration Projects are bigger and more complex than ever. These kinds of projects need good communication between projects stakeholders, however there are problems in processing project for the lack of standardized business process. The purpose of this study is to provide common business process of urban regeneration projects for stakeholders to improve understanding project business process through analyzing association way of urban regeneration project and modeling business process by BPMN (Business Process Modeling Notation) method. And also it is expected to improve communication between stakeholders and to shorten project time through prompting project participation with the proposed business process.

A Study on the Evaluation and Implementation Methodology of e-Business Solutions (e-비즈니스 제품 도입 및 선정지원 방법론에 관한 연구)

  • 하준기;임춘성
    • The Journal of Society for e-Business Studies
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    • v.6 no.2
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    • pp.101-126
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    • 2001
  • This paper proposes a strategic breakout and supporting methodology for evaluation and implementation of e- Business solutions in the viewpoint of users. The e- Business methodology sequentially follows four logical stages: e-Business strategy, design, construction, and implementation. The e- Business strategy stage consists of four sub-stages, that is, initiation, diagnosis, strategy, and composition of RFP & evaluation Each sub-stage is divided into several steps. Each of them has its own activities, tasks, and outputs. The methodology has been composed to prevailing ones so as to reveal its practice values.

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Domestic and Overseas TBM Production Specification and Professional Training Program (국내외 TBM 제작 사양 및 전문인력 양성 프로그램 분석)

  • Kim, Ki-Hwan;Kim, Seong-Cheol;Kang, Si-On;Mun, Cheol-Hwa;Jeong, Yun-Young;Kim, Hyouk
    • Tunnel and Underground Space
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    • v.29 no.5
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    • pp.281-291
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    • 2019
  • In Overseas case, most tunnels in under are or through the river are constructed with shield TBM and the manufacturer orders of related equipment suitable for the project are mode. Accordingly, the client provides the specifications required for the equipment manufacture. In addition, TBM equipment has been operated by those who have completed the expert training program, which for minimizing the risk of equipment operation in construction field corresponding to the mechanized construction. However, in Korea, such a system related to above the program and specifications has not yet been built, which is causing a lot of difficulties in construction field. Therefore, this study investigated the differences in bidding guides provided by mechanized construction in domestic and abroad, and the professional education programs for expert training being conducted from overseas. Futhermore, we will propose the guidelines of essential equipment specification contained in domestic bidding and provide the necessary manual for the professional education program for TBM as the mechanized construction method.

Analyzing the Relationship between Dynamic Capability of Project-Based Organization and the Competitive Advantage in the E&C Companies (프로젝트 조직의 동적역량과 건설기업 경쟁우위와의 상관관계 분석)

  • Jin, Sangjoon;Oh, Minjeong;Kim, Seungchul
    • Korean Journal of Construction Engineering and Management
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    • v.20 no.1
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    • pp.73-85
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    • 2019
  • Since the beginning of a new century, many Korean construction and engineering companies are facing a very dynamic and fast changing business environment which includes severe competition, higher risk, economic depression, declining revenues and profits, etc. In order to cope with these challenges, they need to secure special capabilities to actively adapt to the paradigm changes. One of those capabilities could be project management capability which allows us to manage organizational resources dynamically and integratively based on project portfolio management concept. The objective of this study is to investigate how the dynamic capability of a project-based organization to control the resource affects the firm performance and the competitive advantages. Data was collected from the construction and engineering companies in South Korea by using survey questionnaire, and analyzed for empirical tests by using statistical methods such as structural equation modelling and path analysis. The results showed that the organizational resources, if they had the VRIN characteristics, would have positive impacts on creating the dynamic capabilities for project organization. In turn, the dynamic capabilities of a project organization would have impacts on improving business performance and creating competitive advantages. Also, it was found that the organizational resources may have direct impact on business performance and competitive advantages. The academic contribution of this study is that it attempts to integrate resource based view and the dynamic capability theory about creating competitive advantages for project based organization. This study also provided practical implications to the companies in construction industry by showing how to use organizational resources strategically to create competitive advantages.

Occupational Safety & Health Management and Corporate Sustainability: The Mediating Role of Affective Commitment

  • Zhen Chao Tan;Chun Eng Tan;Yuen Onn Choong
    • Safety and Health at Work
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    • v.14 no.4
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    • pp.415-424
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    • 2023
  • Background: Occupational safety & health management (OSH) has garnered greater attention for its significance in promoting corporate sustainability for organizations in recent decades. The construction industry, in particular, is a major contributor to Malaysia's thirst for corporate sustainability in order to provide long-term support for the country. Thus, the main tenet of this study is to examine the mediating effect of employee affective commitment on the relationship between OSH and corporate sustainability. Methods: A questionnaire was administered to 273 full-time employees of listed construction companies in Malaysia. Smart PLS software version 3 was used to test the proposed model and hypotheses. Both the measurement model and the structural model were evaluated. Results: According to the findings, OSH and its dimensions are positively related to employee affective commitment. Employee affective commitment, on the other hand, has been found to be significantly related to corporate sustainability and its dimensions: economic, social, and environmental sustainability. Apart from this, the prominent results reveal that employee affective commitment partially mediates the relationship between OSH and corporate sustainability and its dimensions: economic, social, and environmental sustainability. Conclusion: This empirical finding adds to the existing literature in explaining how OSH and affective commitment led to corporate sustainability. Several implications are offered to various stakeholders, such as construction companies, policymakers, and relevant regulators.

Study on the Safety Assurance for the Temporary Structures (가설구조물 안전성 확보 방안 연구)

  • Lee, Jung Seok;Moon, Seong Oh;Youn, Ye Bin;Lim, Nam Gi;Oh, Tae Keun
    • Journal of the Korean Society of Safety
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    • v.33 no.1
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    • pp.73-80
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    • 2018
  • According to the statistics publication of KOSHA, more than half of serious accidents at the construction sites were related to the temporary works and/or the temporary structures such as scaffoldings, shores, earth retaining walls, etc. The structural failures are occurred because of the overload acting on the structures or lack of performance of the one or more members of the structures. For the prevention of the collapse accidents relating to the temporary structures at the construction sites, we have to control construction processes not to occur the overload and also to control the performance and quality of each member of the temporary structures. MOLIT has amended the "Construction Technology Promotion Act" on Jan. 7th, 2015 to ensure the structural safety of the temporary structures. According to the Act, the designers of the construction design projects should check the structural integrity of the structures including the temporary structures and the construction companies have to let 'the Relative Professionals' confirm the structural integrity of temporary structures, the shores(${\geq}5m$ high) and the scaffolds(${\geq}31m$ high), before construction. Also, MOLIT has amended the "Regulation for Construction Technology Promotion Act" on Jul. 4th, 2016 for quality management and testing of temporary equipments. According th this regulation, the construction companies and supervisors should manage and test the temporary equipments before using them. In this paper, the standard drawings of the shores(< 5 m high) and the scaffolds(< 31 m high) and the amended "Business Guideline for Quality Management of Construction Work" are presented. As the result of this study, MOLIT noticed the amended "Business Guideline for Quality Management of Construction Work" on Jul. 1st, 2017.