• Title/Summary/Keyword: Construction business

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Recommend of improvement for enhance of Construction Competitiveness through questionnaire survey in International Construction Market (설문조사를 통한 해외건설 경쟁력 제고에 필요한 개선사항 도출연구)

  • Han, Jae-Goo;Park, Hwan-Pyo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2016.10a
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    • pp.142-143
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    • 2016
  • The purpose of this study is to derive enhancements in terms of construction enterprises to enhance the competitiveness of Korea's overseas construction companies. We have carried out a survey targeting international constriction engineers. s a research result, it was investigated that excellent construction engineers and improvement of construction management competitiveness was necessary. It was ability of financing development and development of international business organizations in construction sector. And it was design ability of FEED and ability of international marketing in design sector.

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ICT Implementation for Materials Management in Construction Projects: Case Studies

  • Kasim, Narimah
    • Journal of Construction Engineering and Project Management
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    • v.1 no.1
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    • pp.31-36
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    • 2011
  • Construction materials usually constitute a major portion of the total cost in a building construction project. Materials management Is made problematic by materials shortages, delays in supply, price fluctuations, damage and wastage, and lack of storage space. Despite the potential benefit of ICT, convincing construction organisations to embrace its use and implementation has proved a difficult task. This study seeks to identify the implementation of ICT for materials management processes in construction projects. The findings from the case studies reveal that the implementation of ICT in the materials management processes for construction projects in Malaysia Is at early stage. Microsoft Excel Spreadsheet and handheld devices are found to be the common ICT tools adopted in the materials management processes. The main barrier is found to be the cost involvement at the initial stage or overall implementation of ICT in the materials management processes. Finally, this paper concludes the finding from interviews towards the ICT implementation of materials management in the construction projects.

A study on effects of the prevention of rush work of construction sites on human accidents (건설 현장 강행공사 방지가 인적사고에 미치는 영향에 관한 연구)

  • Lee, Sung-Il;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.19 no.1
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    • pp.27-37
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    • 2017
  • In the construction sites, rush (speedy construction) work have recently been overused because of budget reductions by reducing the construction duration after the long-term economic recession and construction business stagnation with institutional change including the instruction of the duration shortening bidding system and the introduction of the post-construction sales system by the Korea Research Institute for Human Settlements. Due to this, negligent accidents have frequently occurred by forcing manpower, equipment, finance, and material procurement and pressing ahead with impractical construction wok at night according to the reduction of construction schedules. Therefore, this paper has the necessity of this study to seek for alternatives to prevent negligent accidents by finding factors related to rush work in the reality that the importance for preventing negligent accidents is more emphasized while they have not been reduced in construction sites.

A Study on the Application Method of Construction Site Direct Construction System - Centered on domestic construction case - (건설현장 직접시공제도의 활용방안에 대한 연구 - 국내 건설 사례 중심으로 -)

  • Baek, Jae-Chul;Ock, Jong-Ho
    • Journal of the Architectural Institute of Korea Structure & Construction
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    • v.35 no.11
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    • pp.171-180
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    • 2019
  • This research proposed the Direct Construction System for construction corporations as a strategy intended to perform cause analysis of construction technician shortage matter and solve resulting problems, and in view of the outcomes from the application of this system to the projects and workshops, it was verified that unsteady employment, lack of career prospect, and conditions of work environment can be resolved. In addition, from corporations' perspective, it is considered that by clarifying the abovementioned three problems, fundamental complications of construction administration, quality control, safety supervision, and cost management were settled, concluding forthcoming advancement of domestic construction business quality fell far behind developed counties.

MODELLING OF THE RISKS FACED BY INDIAN CONSTRUCTION COMPANIES ASSESSING INTERNATIONAL OPPORTUNITIES

  • M.N. Devaya;N.K. Jha
    • International conference on construction engineering and project management
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    • 2007.03a
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    • pp.140-149
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    • 2007
  • Indian construction companies have only 0.05% market share in the 3-4 trillion dollar global construction business and only two Indian construction companies figure in the ENR "Top 225 Global Contractors 2006" list. Hence, while enormous scope for growth exists, international construction experience is limited. This study explores the risks as perceived by Indian companies venturing abroad since risks in international construction differ from home market risks. Literature survey identified a number of risk factors that were evaluated by the experts, highlighting fourteen important risk factors. Interpretive Structural Modelling (ISM) was used to develop a hierarchical model showing the relationships between the different risk factors, thus helping to focus on the key risks for effective risk management. The study shows that poor project management is a key risk forming the hub of the system, while political instability has maximum influence. The results of the study can be used by managers to visualise the risks in perspective and prioritise the mitigation effort.

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A Study on the Current Status of Application of Construction Management in Pusan National University Yangsan Hospital and Guidelines for CM Improvement (양산 부산대학교병원의 건설사업관리 적용현황과 발전 방향)

  • Park, Jong-Soon;Shin, Chang-Joon;Yoo, Byeong-Gi;Chun, Jae-Youl
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2008.11a
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    • pp.5-12
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    • 2008
  • The construction of Pusan National University Yangsan Hospital is a new construction of a medical town in Yangsan. It is a case that CMr participated in the project from planning to post-completion. It shows an actual proof of Construction Management business applied CM by each phase. In this case, CMr selected the design-build contractor in the planning phase and technically performed CM businesses in every single phase such as design and construction schedule management regarding application of Fast Track technique, procurement management and contract administration in phases based on the Fast-tract; technique, design review, VE in the design phase, change order management in the construction phase and operating and maintenance in the post-construction phase. This study would go far toward applying CM to Mega Turnkey projects by analyzing the problems of CMr's practical application to the project and providing guidelines for effective and efficient CM business implementation especially in the Turnkey projects.

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Building an Ontology based on the Unified Construction Information Classification System (통합건설정보분류체계 기반 건설정보 온톨로지 구축)

  • Kim, Hak-Lae;Park, Eui-Jun;Kim, Hong-Gee;Yoon, Suk-Hun
    • The Journal of Society for e-Business Studies
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    • v.9 no.3
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    • pp.95-112
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    • 2004
  • Recently, extensive research has been conducted on classification systems for managing a huge amount of information with various froms in the construction industry. Classification Systems such as ISO/DIS 12006-2 and MasterFormathave been proposed as international standards, and accommodating them for Korean situation the Korean Ministry of Construction and Transportation has proposed the Unified Construction Information Classification System. As the construction industry becomes bigger and more complicated, however, the need for higher-level semantic representation of construction information has been recognized. In this study we develop a prototype ontology based upon the Unified Construction Information Classification and suggest a practical way of applying an ontology technology to the construction information systems. An ontology is a useful tool to effectively manageconstruction information and to support interoperability among heterogeneous information systems by clarifying the semantic relationship between concepts.

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Analyzing Relationships between Stock Prices and Business Performances of Construction Companies (건설기업의 주식가격과 경영성과와의 상관관계 분석)

  • Kim Hee-Joon;Kim Myung-Sun;Kim Jae-Jun
    • Korean Journal of Construction Engineering and Management
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    • v.4 no.3 s.15
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    • pp.76-84
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    • 2003
  • The bankruptcy possibility of construction firms have been higher by the environment of current construction industry. Thus, converting management environment for growth into that for value or profit is required. Nowadays, funds of construction firms is almost provided by financial institutions. As the firms' size grow, they have a form of fund provision through the securities market; however, fair distribution for returns is not practiced by opening company. Especially, construction firms lost trust of Investor by lack of awareness to firm clearness, and then a vicious cycle of no effectiveness in fund provision through securities market is continued again. On this study correlation between stock quotations and primary financial factors of firms in order to grasp actual management condition in construction firms was analyzed. By this, the correlation between stock quotations and the result of firm management was provided. Also, necessity of firm's capital provision was explained, thus ways to ensure firm clearness was searched.

A Study about Electronic Document Unification for Construction Job-site Report (건설현장보고 전자문서 일원화에 관한 연구)

  • Jeong, Seong-Yun
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.925-928
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    • 2007
  • As the field report data does not normalize, ordering organization requires different form every time and field reporters make out form as random, data and report to the ordering organization by different medium such as FAX, e-mail, paper document. Therefore, Field reporters must set and make out same information in required pattern. And ordering organization is being responsible for side works of totalizing and processing the reported data. This research suggests the electronic document unification about monthly construction progress report and construction present condition report system. In addition, it suggests electronically processing function that can handle field report business to unifying electronic documents. As using the result of this research, it will improve the work efficiency and simplify in report business.

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Advanced Work Packaging (AWP) in Practice: Variables for Theory and Implementation

  • Jung, Youngsoo;Jeong, Yeheun;Lee, Yunsub;Kang, Seunghee;Shin, Younghwan;Kim, Youngtae
    • International conference on construction engineering and project management
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    • 2020.12a
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    • pp.201-206
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    • 2020
  • Diversification of project delivery methods (PDM) under ever-changing construction business environment has significantly changed the role of project participants. Active efforts to effectively sharing the roles and responsibilities have been observed in the project management offices (PMOs) among owner/operator organizations as well as engineering, procurement, construction and maintenance (EPCM) firms. In order for being effective in a holistic way throughout the project life-cycle, a PMO needs to have 'adequate management skills' as well as 'essential technical capabilities' in cooperating with many different participants. One of the well-known examples of the PMO's tool to support these skills and capabilities is the effective 'work packaging (WP)' that serves as a common basis integrating all relevant information in a structured manner. In an attempt to enhance the construction productivity, the concept of 'advanced work packing (AWP)' has been introduced by Construction Industry Institute (CII). The AWP enables productivity to be improved by early planning of construction packages in the design phase "with the end in mind". The purpose of this study is to identify and evaluate the 'variables' of advanced work packing (AWP) for life-cycle information integration. Firstly, an extended concept of advanced WP based on the CII AWP was defined in order to comprehend many different issues of business functions (e.g. cost, schedule, quality, etc.). A structured list of major components and variables of AWP were then identified and examined for practical viability with real-world examples. Strategic fits and managerial effectiveness were stressed throughout the analyses. Findings, implications and lessons learned are briefly discussed as well.

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