• Proceedings of the Korean Institute Of Construction Engineering and Management
• /
• 2004.11a
• /
• pp.447-450
• /
• 2004

The domestic construction industry have focus on duration than construction cost. But recently it have interesting to The domestic construction industry, social requirement is changing. At the moderate speed duration has other angle of reducing cost and management of efficiency. specially Apartment building construction process is similar to other construction industry so it Is obtain a strong Point. This study on, A Target of construction industry is short duration than other it, general construction duration in summary schedule of level is studied, is based and construction duration for the point it is indicated reduction duration

• Proceedings of the Korean Institute Of Construction Engineering and Management
• /
• autumn
• /
• pp.438-441
• /
• 2002

Korean construction firms have been continuing investment of IT for last ten years. However, manager did not support a decision-making of IT because there is no evaluation and feedback system of IT investment. This study is a preceding research of making IT evaluation model as a part of MOCT(the Ministry of Construction and Transportation)'s construction CALS/EC policy and makes a basic frame through a trend and state of IT survey. As a result of survey, To encourage them, IT development to be balanced in each members for successful stabilization of CALS/EC as well as IT evaluation will be conducted in accordance with one's environment, such as a role and level of companies.

• Journal of the Korean Regional Science Association
• /
• v.31 no.2
• /
• pp.47-61
• /
• 2015

The purpose of this study to empirical analysis of the effects of distance-decay for the relocated firms in the Seoul Metropolitan Area(SMA). In addition, this study was constructed distance-decay function for the relocated firms by industrial types using a general distance-decay function. The data of relocated firms in the SMA extracted from the spatial database which was constructed in an previous research. The industrial type divided into 3 parts which are construction, manufacturing, and service. The result of empirical analysis by each industrial type of the effect of distance-decay, the explanatory power($R^2$) of the each function were all high. In the construction, the adjusted $R^2$ of the distance-decay function was 0.728, the manufacturing was 0.802 and the service was 0.812. It means the effect of distance decay for the relocated firms in construction industrial type more big than the effects of distance decay for the manufacturing and service industrial types.

• Korean Journal of Construction Engineering and Management
• /
• v.10 no.4
• /
• pp.151-164
• /
• 2009

Strategic alliances developed as formalized inter-organizational relationships are core vehicles to share information, resources and knowledge. The structural characteristics of strategic network constructed by strategic alliances have been important agenda in strategic management discipline. This paper has two folds in analysing the strategic network formulated by project level alliances in Korean construction industry. First, we investigate the strategic network using the tools and methods of social network analysis, such as centrality, cohesion, structural equivalence, and power law. Second, the performance of firms within networks are analysed longitudinally with panel data analysis. We have found that the strategic networks in this industry has scale-free characteristics, where the degree distribution fits the power law, and the vertically equivalent structure is clear. We also present that the performance of firms are continuously affected by the degree centrality of firms in this network for the last 10 years.

• Journal of the Korean Professional Engineers Association
• /
• v.24 no.5
• /
• pp.129-137
• /
• 1991

In case a firm proceeds with TQC the activity of QCC, one of the activities concerned with TQC, is made first of all. There fore, in consideration that TQC could not be successful with the activity of QCC being unsuccessful a firm underlines activating QCC and makes considerable support of the educational discipline. However, as for the data of TQC having been introduced in domestic country no data related to construction industry have been found, all of them being concerned with manufacturing industry and it has happened that some firms of the construction industry make the negative reaction to the activity of QCC. So some of firms including our one have prepared and published their own texts and made them available by utilizing the translated Japanese data which were attained through Japanese construction firms. It is thought that a problem has been caused by the above-stated. While Japanese firms have made R & D of the features concerning to the most basic QCC activity for themselves, Korean ones have just followed and taken advantage of those originated by Japanese without being conscious of the basic idea, and this has caused the consequent failing of QCC activity. In other word, the emphasis of the results only rather than process has brought about the unsuccessful QCC activity.

• International Area Studies Review
• /
• v.13 no.2
• /
• pp.325-344
• /
• 2009

Korean overseas construction contracts reached 40 billion dollars in 2008. In this paper, the economic factors of "the record high growth since 1980's 'overseas construction boom' is investigated. Firstly, most of the contracts were made in the Middle East OPEC countries which made large scale construction investments with the increasing oil revenues... Secondly. large portion of the contracts is heavy industrial plants, in which Korean construction firms have enjoyed comparative advantages. Thirdly, Korean construction firms have been forced to pay attention to the overseas markets, due to the domestic slump of the construction industry.

• Journal of the Korean Society of Industry Convergence
• /
• v.9 no.4
• /
• pp.293-300
• /
• 2006

Utilizing a building model design of the investigation factors and structured questionnaire, the results of an investigation concerning the improvement factors in the construction phase, as perceived by academic staffs including graduate students, designers, contractors and property management teams, are presented. Findings reveal that management commitment dominate improvement factors for building projects, although construction firms frequently mentioned the team work in design firms. Significant improvements in building projects are obtained when college programs include courses that treat the administrative aspects involved in the building project and that continuing education programs cover quality training. Eighteen predominant selection factors are identified, ranked and correlated.

• Korean Journal of Construction Engineering and Management
• /
• v.6 no.1 s.23
• /
• pp.133-139
• /
• 2005

In this paper, the method how to build up technological strength in the domestic construction industry competing with foreign foremost construction firms is provided. Each construction company should make individual research and development continuously, and technologies made by the research and development should be applied widely to real construction projects, therefore, the technological strength can be made. To accelerate the research and development each construction company should consider primary factors, e.g. organization structure, special personnel and strategic plan related to technology, and operation system for the research and development.

• Korean Journal of Construction Engineering and Management
• /
• v.10 no.3
• /
• pp.122-129
• /
• 2009

Strategic planning is an essential function of senior management in any business firm. Planning involves the firm's behavior in an competitive market and adaptation of the company's resources towards the selected market strategy. This study presents a methodological procedure for strategic planning in global top-tier construction firms. This procedure consists of the following stages. First, analyzed growth of revenue in which weight of total construction firms' revenue shown in Global Top 225 Contractors(ENR). Second, analyzed specialty of construction products. The products are General Building, Power, Water Supply, Industrial/Petroleum Process, and Transportation. Third, analyzed business the portfolio plan. The business portfolio plan includes both local/overseas market and specification/diversification of construction products. It affects the subsequent choice of a benchmarking for development of each construction company. The choice of the benchmarking firm, among several available alternatives, should follow a careful analysis of the characteristics and benefits inherent in the implementation of each.

• Korean Journal of Construction Engineering and Management
• /
• v.16 no.6
• /
• pp.84-91
• /
• 2015

Project Financing (PF) is a financing method, executed based upon the projected profitability from a project itself instead of relying on the credit rating of project sponsors or any type of collateral. However, most financial institutions of Korea lacks the long term profitability assessment capability, and they prefer to acquire credit reinforcement from the construction companies in the form of the guarantor or debt argument commitments. As a result, PF contingent liabilities as an indirect debt, are burdened to the construction companies. Even though the PF contingent liabilities are not supposed to be part of the financial statements, they became a mandatory disclosure items since 2009. In this study, PF contingent liabilities were studied to indicate how they were correlated with construction firms' financial ratios. Construction firms were grouped by their credit rating and each group was compared in order to analyze PF contingent liabilities' impact on the financial condition of the company in terms of liquidity, liability, and stability.